XML 88 R5.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash Flows from Operating Activities    
Net income (loss) $ (279) $ 48
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]    
Depreciation 259 242
Amortization 137 117
Defined benefit plans - expense 35 34
Deferred income taxes and investment tax credits (30) (150)
Impairment of assets 592 20
Unrealized (gains) losses on derivatives, and other hedging activities (80) 216
Other 76 19
Change in current assets and current liabilities    
Accounts receivable 64 (1)
Accounts payable (148) (45)
Unbilled revenues 93 41
Fuel, materials and supplies 58 (67)
Prepayments 23 5
Counterparty collateral 76 (18)
Price risk management assets and liabilities (9) (34)
Taxes payable (23) 70
Other (32) (14)
Other operating activities    
Defined benefit plans - funding (74) (32)
Other assets 1 (2)
Other liabilities (8) 16
Net cash provided by operating activities 731 465
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (252) (276)
Expenditures for intangible assets (35) (38)
Purchases of nuclear plant decommissioning trust investments (154) (124)
Proceeds from the sale of nuclear plant decommissioning trust investments 143 112
Proceeds from the receipt of grants 0 164
Net (increase) decrease in restricted cash and cash equivalents 110 (199)
Other investing activities 15 17
Net cash provided by (used in) investing activities (173) (344)
Cash Flows from Financing Activities    
Issuance of long-term debt 600 0
Retirement of long-term debt (33) (308)
Contributions from member 82 730
Distributions to member (214) (1,178)
Net increase (decrease) in short-term debt (667) 590
Other financing activities (30) 0
Net cash provided by (used in) financing activities (262) (166)
Net Increase (Decrease) in Cash and Cash Equivalents 296 (45)
Cash and Cash Equivalents at Beginning of Period 352 239
Cash and Cash Equivalents at End of Period 648 194
Talen Energy Supply    
Cash Flows from Operating Activities    
Net income (loss) (279) 48
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]    
Depreciation 259 242
Amortization 137 117
Defined benefit plans - expense 35 34
Deferred income taxes and investment tax credits (30) (150)
Impairment of assets 592 20
Unrealized (gains) losses on derivatives, and other hedging activities (80) 216
Other 76 19
Change in current assets and current liabilities    
Accounts receivable 64 (1)
Accounts payable (148) (45)
Unbilled revenues 93 41
Fuel, materials and supplies 58 (67)
Prepayments 23 5
Counterparty collateral 76 (18)
Price risk management assets and liabilities (9) (34)
Taxes payable (23) 70
Other (32) (14)
Other operating activities    
Defined benefit plans - funding (74) (32)
Other assets 1 (2)
Other liabilities (8) 16
Net cash provided by operating activities 731 465
Cash Flows from Investing Activities    
Expenditures for property, plant and equipment (252) (276)
Expenditures for intangible assets (35) (38)
Purchases of nuclear plant decommissioning trust investments (154) (124)
Proceeds from the sale of nuclear plant decommissioning trust investments 143 112
Proceeds from the receipt of grants 0 164
Net (increase) decrease in restricted cash and cash equivalents 110 (199)
Other investing activities 15 17
Net cash provided by (used in) investing activities (173) (344)
Cash Flows from Financing Activities    
Issuance of long-term debt 600 0
Retirement of long-term debt (33) (308)
Contributions from member 82 730
Distributions to member (215) (1,178)
Net increase (decrease) in short-term debt (667) 590
Other financing activities (29) 0
Net cash provided by (used in) financing activities (262) (166)
Net Increase (Decrease) in Cash and Cash Equivalents 296 (45)
Cash and Cash Equivalents at Beginning of Period 352 239
Cash and Cash Equivalents at End of Period $ 648 $ 194