NDT Funds

Securities held by Talen Energy's NDT funds are classified as available-for-sale.

The following table shows the amortized cost, the gross unrealized gains and losses recorded in AOCI and the fair value of Talen Energy's available-for-sale securities.



	September 30, 2016								December 31, 2015
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value		Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
NDT funds:
Cash and cash equivalents	$	5	$	—	$	—	$	5	$	11	$	—	$	—	$	11
Equity securities	316		441		—		757		297		406		—		703
Debt securities	236		13		—		249		230		7		—		237
Receivables/payables, net	1		—		—		1		—		—		—		—
Total NDT funds	$	558	$	454	$	—	$	1,012	$	538	$	413	$	—	$	951

See Note 13 for details on the securities held by the NDT funds.

There were no securities with credit losses at September 30, 2016 and December 31, 2015.

The following table shows the scheduled maturity dates of debt securities held at September 30, 2016.



	Maturity Less Than 1 Year		Maturity 1-5 Years		Maturity 6-10 Years		Maturity in Excess of 10 Years		Total
Amortized cost	$	8	$	102	$	78	$	48	$	236
Fair value	8		105		81		55		249

The following table shows proceeds from and realized gains and losses on sales of available-for-sale securities for the periods ended September 30.



	Three Months				Nine Months
	2016		2015		2016		2015
Proceeds from sales of NDT securities (a)	$	29	$	43	$	121	$	143
Gross realized gains (b)	11		6		28		19
Gross realized losses (b)	6		7		19		16


(a)	These proceeds are used to pay income taxes and fees related to managing the trust. Remaining proceeds are reinvested in the trust.


(b)	Excludes the impact of other-than-temporary impairment charges recognized on the Statements of Income.