XML 50 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Operating Revenues        
Wholesale energy $ 673 $ 551 $ 1,195 $ (906)
Wholesale energy to affiliate 5 21 14 48
Retail energy 243 280 554 630
Energy-related businesses 144 155 248 280
Total Operating Revenues 1,065 1,007 2,011 52
Operation        
Fuel 200 259 551 741
Energy purchases 289 203 290 (1,601)
Other operation and maintenance 305 285 531 514
Depreciation 87 76 164 151
Taxes, other than income 15 13 30 31
Energy-related businesses 135 155 233 279
Total Operating Expenses 1,031 991 1,799 115
Operating Income (Loss) 34 16 212 (63)
Other Income (Expense) - net 3 7 10 13
Interest Expense 55 32 91 64
Income (Loss) from Continuing Operations Before Income Taxes (18) (9) 131 (114)
Income Taxes (43) (11) 10 (58)
Income (Loss) from Continuing Operations After Income Taxes 25 2 121 (56)
Income (Loss) from Discontinued Operations (net of income taxes) 1 11 1 3
Net Income (Loss) $ 26 $ 13 $ 122 $ (53)
Earnings Per Share of Common Stock - Basic:        
Income (Loss) from continuing operations after income taxes (in dollars per share) $ 0.25 $ 0.03 $ 1.33 $ (0.67)
Income (Loss) from discontinued operations (net of income taxes) (in dollars per share) 0.01 0.13 0.01 0.04
Net Income (Loss) (in dollars per share) 0.26 0.16 1.34 (0.63)
Earnings Per Share of Common Stock - Diluted:        
Income (Loss) from continuing operations (in dollars per share) 0.25 0.03 1.33 (0.67)
Income (Loss) from discontinued operations (net of income taxes) (in dollars per share) 0.01 0.13 0.01 0.04
Net Income (Loss) (in dollars per share) $ 0.26 $ 0.16 $ 1.34 $ (0.63)
Weighted-Average Shares of Common Stock Outstanding (in thousands)        
Basic (in shares) 98,354 83,524 90,980 83,524
Diluted (in shares) 98,376 83,524 91,002 83,524
Talen Energy Supply        
Operating Revenues        
Wholesale energy $ 673 $ 551 $ 1,195 $ (906)
Wholesale energy to affiliate 5 21 14 48
Retail energy 243 280 554 630
Energy-related businesses 144 155 248 280
Total Operating Revenues 1,065 1,007 2,011 52
Operation        
Fuel 200 259 551 741
Energy purchases 289 203 290 (1,601)
Other operation and maintenance 305 285 531 514
Depreciation 87 76 164 151
Taxes, other than income 15 13 30 31
Energy-related businesses 135 155 233 279
Total Operating Expenses 1,031 991 1,799 115
Operating Income (Loss) 34 16 212 (63)
Other Income (Expense) - net 3 7 10 13
Interest Expense 55 32 91 64
Income (Loss) from Continuing Operations Before Income Taxes (18) (9) 131 (114)
Income Taxes (43) (11) 10 (58)
Income (Loss) from Continuing Operations After Income Taxes 25 2 121 (56)
Income (Loss) from Discontinued Operations (net of income taxes) 1 11 1 3
Net Income (Loss) $ 26 $ 13 $ 122 $ (53)