CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) shares in Thousands, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Operating Revenues
Wholesale energy	$ 986	$ 1,109	$ 2,181	$ 203
Wholesale energy to affiliate	0	20	14	68
Retail energy	277	283	831	913
Energy-related businesses	156	189	404	469
Total Operating Revenues	1,419	1,601	3,430	1,653
Operation
Fuel	394	212	945	953
Energy purchases	298	708	588	(893)
Operation and maintenance	228	232	759	746
Impairments	479	0	479	0
Depreciation	95	74	259	225
Taxes, other than income	19	14	49	45
Energy-related businesses	152	172	385	451
Total Operating Expenses	1,665	1,412	3,464	1,527
Operating Income (Loss)	(246)	189	(34)	126
Other Income (Expense) - net	1	10	11	23
Interest Expense	55	31	146	95
Income (Loss) from Continuing Operations Before Income Taxes	(300)	168	(169)	54
Income Taxes	39	74	49	16
Income (Loss) from Continuing Operations After Income Taxes	(339)	94	(218)	38
Income (Loss) from Discontinued Operations (net of income taxes)	(62)	7	(61)	10
Net Income (Loss)	$ (401)	$ 101	$ (279)	$ 48
Earnings Per Share of Common Stock - Basic:
Income (Loss) from continuing operations after income taxes (in dollars per share)	$ (2.64)	$ 1.13	$ (2.10)	$ 0.45
Income (Loss) from discontinued operations (net of income taxes) (in dollars per share)	(0.48)	0.08	(0.59)	0.12
Net Income (Loss) (in dollars per share)	(3.12)	1.21	(2.69)	0.57
Earnings Per Share of Common Stock - Diluted:
Income (Loss) from continuing operations (in dollars per share)	(2.64)	1.13	(2.10)	0.45
Income (Loss) from discontinued operations (net of income taxes) (in dollars per share)	(0.48)	0.08	(0.59)	0.12
Net Income (Loss) (in dollars per share)	$ (3.12)	$ 1.21	$ (2.69)	$ 0.57
Weighted-Average Shares of Common Stock Outstanding (in thousands)
Basic (in shares)	128,509	83,524	103,627	83,524
Diluted (in shares)	128,509	83,524	103,627	83,524
Talen Energy Supply
Operating Revenues
Wholesale energy	$ 986	$ 1,109	$ 2,181	$ 203
Wholesale energy to affiliate	0	20	14	68
Retail energy	277	283	831	913
Energy-related businesses	156	189	404	469
Total Operating Revenues	1,419	1,601	3,430	1,653
Operation
Fuel	394	212	945	953
Energy purchases	298	708	588	(893)
Operation and maintenance	228	232	759	746
Impairments	479	0	479	0
Depreciation	95	74	259	225
Taxes, other than income	19	14	49	45
Energy-related businesses	152	172	385	451
Total Operating Expenses	1,665	1,412	3,464	1,527
Operating Income (Loss)	(246)	189	(34)	126
Other Income (Expense) - net	1	10	11	23
Interest Expense	55	31	146	95
Income (Loss) from Continuing Operations Before Income Taxes	(300)	168	(169)	54
Income Taxes	39	74	49	16
Income (Loss) from Continuing Operations After Income Taxes	(339)	94	(218)	38
Income (Loss) from Discontinued Operations (net of income taxes)	(62)	7	(61)	10
Net Income (Loss)	$ (401)	$ 101	$ (279)	$ 48