0001013871-22-000022 | 10-Q | XBRL Viewer

Label

Element

Value

Derivative Liability, Fair Value Determined Using Valuation Techniques, Percentage

nrg_DerivativeLiabilityFairValueDeterminedUsingValuationTechniquesPercentage

8.00%

Schedule of Net Exposure to Counter Party Credit Exposure [Table Text Block]

nrg_ScheduleOfNetExposureToCounterPartyCreditExposureTableTextBlock

The following tables highlight net counterparty credit exposure by industry sector and by counterparty credit quality. Net counterparty credit exposure is defined as the aggregate net asset position for NRG with counterparties where netting is permitted under the enabling agreement and includes all cash flow, mark-to-market and NPNS, and non-derivative transactions. The exposure is shown net of collateral held and includes amounts net of receivables or payables.


	Net Exposure(a)(b)
Category by Industry Sector	(% of Total)

Utilities, energy merchants, marketers and other	78	%
Financial institutions	22

Total as of June 30, 2022	100	%


	Net Exposure (a)(b)
Category by Counterparty Credit Quality	(% of Total)
Investment grade	52	%
Non-investment grade/non-rated	48
Total as of June 30, 2022	100	%

(a)Counterparty credit exposure excludes uranium and coal transportation contracts because of the unavailability of market prices

(b)The figures in the tables above exclude potential counterparty credit exposure related to RTOs, ISOs, registered commodity exchanges and certain long-term contracts

Derivative Asset, Fair Value, Amount Offset Against Collateral Net Of Derivative Liability, Fair Value, Amount Offset Against Collateral

nrg_DerivativeAssetFairValueAmountOffsetAgainstCollateralNetOfDerivativeLiabilityFairValueAmountOffsetAgainstCollateral

$ 1,654,000,000

Derivative Asset, Fair Value, Amount Offset Against Collateral Net Of Derivative Liability, Fair Value, Amount Offset Against Collateral

nrg_DerivativeAssetFairValueAmountOffsetAgainstCollateralNetOfDerivativeLiabilityFairValueAmountOffsetAgainstCollateral

1,660,000,000

Derivative Asset, Fair Value, Amount Offset Against Collateral Net Of Derivative Liability, Fair Value, Amount Offset Against Collateral

nrg_DerivativeAssetFairValueAmountOffsetAgainstCollateralNetOfDerivativeLiabilityFairValueAmountOffsetAgainstCollateral

Derivative Asset, Fair Value, Amount Offset Against Collateral Net Of Derivative Liability, Fair Value, Amount Offset Against Collateral

nrg_DerivativeAssetFairValueAmountOffsetAgainstCollateralNetOfDerivativeLiabilityFairValueAmountOffsetAgainstCollateral

1,527,000,000

Derivative Asset, Fair Value, Amount Offset Against Collateral Net Of Derivative Liability, Fair Value, Amount Offset Against Collateral

nrg_DerivativeAssetFairValueAmountOffsetAgainstCollateralNetOfDerivativeLiabilityFairValueAmountOffsetAgainstCollateral

1,527,000,000

Reversal Previously Recognized, Unrealized Gains (Losses) Settled Positions, Economic Hedges

nrg_ReversalPreviouslyRecognizedUnrealizedGainsLossesSettledPositionsEconomicHedges

197,000,000

Reversal Previously Recognized, Unrealized Gains (Losses) Settled Positions, Economic Hedges

nrg_ReversalPreviouslyRecognizedUnrealizedGainsLossesSettledPositionsEconomicHedges

(22,000,000)

Reversal Previously Recognized, Unrealized Gains (Losses) Settled Positions, Economic Hedges

nrg_ReversalPreviouslyRecognizedUnrealizedGainsLossesSettledPositionsEconomicHedges

605,000,000

Reversal Previously Recognized, Unrealized Gains (Losses) Settled Positions, Economic Hedges

nrg_ReversalPreviouslyRecognizedUnrealizedGainsLossesSettledPositionsEconomicHedges

(39,000,000)

Derivative, Collateral, Obligation to Return Cash Net Of Derivative, Collateral, Right to Reclaim Cash

nrg_DerivativeCollateralObligationToReturnCashNetOfDerivativeCollateralRightToReclaimCash

(3,646,000,000)

Derivative, Collateral, Obligation to Return Cash Net Of Derivative, Collateral, Right to Reclaim Cash

nrg_DerivativeCollateralObligationToReturnCashNetOfDerivativeCollateralRightToReclaimCash

(3,646,000,000)

Derivative, Collateral, Obligation to Return Cash Net Of Derivative, Collateral, Right to Reclaim Cash

nrg_DerivativeCollateralObligationToReturnCashNetOfDerivativeCollateralRightToReclaimCash

Derivative, Collateral, Obligation to Return Cash Net Of Derivative, Collateral, Right to Reclaim Cash

nrg_DerivativeCollateralObligationToReturnCashNetOfDerivativeCollateralRightToReclaimCash

(814,000,000)

Derivative, Collateral, Obligation to Return Cash Net Of Derivative, Collateral, Right to Reclaim Cash

nrg_DerivativeCollateralObligationToReturnCashNetOfDerivativeCollateralRightToReclaimCash

(814,000,000)

Funds Deposited by Counterparties

nrg_FundsDepositedByCounterparties

3,970,000,000

Funds Deposited by Counterparties

nrg_FundsDepositedByCounterparties

$ 845,000,000

Supplemental Balance Sheet Disclosures [Table Text Block]

nrg_SupplementalBalanceSheetDisclosuresTableTextBlock

The following table presents the accumulated depreciation included in property, plant and equipment, net and accumulated amortization included in intangible assets, net:


(In millions)	June 30, 2022		December 31, 2021
Property, plant and equipment accumulated depreciation	$	1,387	$	1,308
Intangible assets accumulated amortization	1,932		1,636

Reversal Previously Recognized, Unrealized Gains (Losses) Acquired as Part of Acquisition Economic Hedges

nrg_ReversalPreviouslyRecognizedUnrealizedGainsLossesAcquiredasPartofAcquisitionEconomicHedges

$ (48,000,000)

Reversal Previously Recognized, Unrealized Gains (Losses) Acquired as Part of Acquisition Economic Hedges

nrg_ReversalPreviouslyRecognizedUnrealizedGainsLossesAcquiredasPartofAcquisitionEconomicHedges

(103,000,000)

Reversal Previously Recognized, Unrealized Gains (Losses) Acquired as Part of Acquisition Economic Hedges

nrg_ReversalPreviouslyRecognizedUnrealizedGainsLossesAcquiredasPartofAcquisitionEconomicHedges

12,000,000

Reversal Previously Recognized, Unrealized Gains (Losses) Acquired as Part of Acquisition Economic Hedges

nrg_ReversalPreviouslyRecognizedUnrealizedGainsLossesAcquiredasPartofAcquisitionEconomicHedges

$ (248,000,000)

Decommissioning Trust Assets [Table Text Block]

nrg_DecommissioningTrustAssetsTableTextBlock

The following table summarizes the aggregate fair values and unrealized gains and losses for the securities held in the trust funds, as well as information about the contractual maturities of those securities.


	As of June 30, 2022							As of December 31, 2021
(In millions, except maturities)	Fair Value		Unrealized Gains		Unrealized Losses		Weighted-average Maturities (In years)	Fair Value		Unrealized Gains		Unrealized Losses		Weighted-average Maturities (In years)
Cash and cash equivalents	$	17	$	—	$	—	—	$	33	$	—	$	—	—
U.S. government and federal agency obligations	96		1		6		10	112		5		1		10
Federal agency mortgage-backed securities	103		—		7		25	100		2		—		25
Commercial mortgage-backed securities	36		—		3		27	44		1		—		27
Corporate debt securities	112		—		10		13	122		7		1		14
Equity securities	470		331		—		—	593		456		—		—
Foreign government fixed income securities	2		—		—		18	4		—		—		13
Total	$	836	$	332	$	26		$	1,008	$	471	$	2

Decommissioning Trust Assets, Weighted Average Maturity Period

nrg_DecommissioningTrustAssetsWeightedAverageMaturityPeriod

10 years

Decommissioning Trust Assets, Weighted Average Maturity Period

nrg_DecommissioningTrustAssetsWeightedAverageMaturityPeriod

10 years

Decommissioning Trust Assets, Weighted Average Maturity Period

nrg_DecommissioningTrustAssetsWeightedAverageMaturityPeriod

25 years

Decommissioning Trust Assets, Weighted Average Maturity Period

nrg_DecommissioningTrustAssetsWeightedAverageMaturityPeriod

25 years

Decommissioning Trust Assets, Weighted Average Maturity Period

nrg_DecommissioningTrustAssetsWeightedAverageMaturityPeriod

27 years

Decommissioning Trust Assets, Weighted Average Maturity Period

nrg_DecommissioningTrustAssetsWeightedAverageMaturityPeriod

27 years

Decommissioning Trust Assets, Weighted Average Maturity Period

nrg_DecommissioningTrustAssetsWeightedAverageMaturityPeriod

13 years

Decommissioning Trust Assets, Weighted Average Maturity Period

nrg_DecommissioningTrustAssetsWeightedAverageMaturityPeriod

14 years

Decommissioning Trust Assets, Weighted Average Maturity Period

nrg_DecommissioningTrustAssetsWeightedAverageMaturityPeriod

18 years

Decommissioning Trust Assets, Weighted Average Maturity Period

nrg_DecommissioningTrustAssetsWeightedAverageMaturityPeriod

13 years

Line of Credit Facility, Increase in Borrowing Capacity

nrg_LineOfCreditFacilityIncreaseInBorrowingCapacity

$ 100,000,000

Line of Credit Facility, Increase in Borrowing Capacity

nrg_LineOfCreditFacilityIncreaseInBorrowingCapacity

$ 50,000,000

Percentage of Ownership Sold of Subsidiary

nrg_PercentageofOwnershipSoldofSubsidiary

35.00%

Asset Impairment Charges Including Equity Method Investments

nrg_AssetImpairmentChargesIncludingEquityMethodInvestments

$ 155,000,000

Asset Impairment Charges Including Equity Method Investments

nrg_AssetImpairmentChargesIncludingEquityMethodInvestments

306,000,000

Amortization of Intangibles, In-the-Money Contracts, and Retirement of RECs

nrg_AmortizationOfIntangiblesInTheMoneyContractsAndRetirementOfRECs

128,000,000

Amortization of Intangibles, In-the-Money Contracts, and Retirement of RECs

nrg_AmortizationOfIntangiblesInTheMoneyContractsAndRetirementOfRECs

$ 108,000,000

Derivative, Non-monetary Notional Amount, Other

nrg_DerivativeNonmonetaryNotionalAmountOther

11,000,000

Derivative, Non-monetary Notional Amount, Other

nrg_DerivativeNonmonetaryNotionalAmountOther

13,000,000

Counterparty Credit Risk Exposure Percentage Of Credit Risk Roll Off

nrg_CounterpartyCreditRiskExposurePercentageOfCreditRiskRollOff

80.00%

Common Stock, Dividends, Proposed Annual Amount, Per Share

nrg_CommonStockDividendsProposedAnnualAmountPerShare

$ 1.40

Common Stock, Dividends, Proposed Annual Amount, Per Share

nrg_CommonStockDividendsProposedAnnualAmountPerShare

$ 1.30

Receivable from Government Grant

nrg_ReceivableFromGovernmentGrant

$ 0

Receivable from Government Grant

nrg_ReceivableFromGovernmentGrant

$ 689,000,000

Employee Stock Purchase Plan, Minimum Percentage of Compensation Eligible

nrg_EmployeeStockPurchasePlanMinimumPercentageofCompensationEligible

1.00%

Change in Credit Reserve

nrg_ChangeInCreditReserve

$ (5,000,000)

Change in Credit Reserve

nrg_ChangeInCreditReserve

(11,000,000)

Business Combination Acquisition and Integration Costs

nrg_BusinessCombinationAcquisitionAndIntegrationCosts

10,000,000

Business Combination Acquisition and Integration Costs

nrg_BusinessCombinationAcquisitionAndIntegrationCosts

22,000,000

Business Combination Acquisition and Integration Costs

nrg_BusinessCombinationAcquisitionAndIntegrationCosts

18,000,000

Business Combination Acquisition and Integration Costs

nrg_BusinessCombinationAcquisitionAndIntegrationCosts

64,000,000

Payments For Proceeds From Intangible Assets

nrg_PaymentsForProceedsFromIntangibleAssets

19,000,000

Payments For Proceeds From Intangible Assets

nrg_PaymentsForProceedsFromIntangibleAssets

(1,000,000)

Unrealized Gain (Loss) on Derivatives, Mark To Market, Economic Hedging Activities