Tennessee valley authority (TVC)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Sep'10
Assets [Abstract]
Current assets
Cash and Cash Equivalents, at Carrying Value

835

304

299

300

300

301

299

299

1,193

300

300

301

300

300

300

301

301

311

300

500

502

499

500

505

506

691

1,602

980

919

912

868

247

371

213

507

542

328

Restricted cash of variable interest entity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30

30

-

-

-

-

Restricted cash and cash equivalents

-

-

-

-

-

-

-

13

13

13

0

-

-

-

-

0

0

20

15

0

17

0

19

0

11

74

33

0

0

11

11

11

11

11

11

-

0

Accounts Receivable, after Allowance for Credit Loss, Current

1,264

1,427

1,739

1,551

1,394

1,541

1,657

1,600

1,329

1,500

1,569

1,462

1,310

1,451

1,747

1,489

1,233

1,239

1,600

1,575

1,432

1,370

1,676

1,550

1,449

1,400

1,567

1,492

1,361

1,426

1,666

1,636

1,262

1,411

1,739

1,548

1,639

Inventory, Net

1,071

1,052

999

1,051

1,016

1,018

961

1,050

1,047

1,047

1,065

1,151

1,148

1,120

993

1,058

1,081

1,146

1,031

1,126

1,135

1,130

1,056

1,063

1,047

1,153

1,091

1,164

1,178

1,094

1,097

1,145

1,171

1,177

1,028

1,060

1,012

Regulatory Assets, Current

161

159

156

183

241

380

414

421

471

455

447

413

408

454

536

604

550

503

506

549

629

564

481

566

635

562

561

559

584

684

774

854

930

769

543

757

791

Other current assets

93

109

85

87

93

106

86

108

90

95

65

86

113

101

68

83

82

65

54

81

77

59

56

70

69

52

52

72

77

66

90

129

140

167

215

219

78

Total current assets

3,424

3,051

3,278

3,172

3,044

3,346

3,417

3,491

4,143

3,410

3,446

3,413

3,279

3,426

3,644

3,535

3,247

3,284

3,506

3,831

3,792

3,622

3,788

3,754

3,717

3,932

4,906

4,267

4,119

4,193

4,506

4,052

3,915

3,748

4,043

4,126

3,848

Property, plant, and equipment
Completed plant

63,453

63,247

62,944

62,716

61,712

61,319

61,114

60,468

59,510

59,631

58,947

58,366

57,019

56,815

51,564

51,216

50,779

50,457

50,069

49,782

48,229

47,937

47,564

47,243

47,541

47,366

47,073

46,790

46,475

46,087

45,917

45,684

44,661

44,498

44,187

43,522

42,997

Less accumulated depreciation

32,237

31,895

31,384

30,928

29,803

29,384

29,335

28,724

28,472

28,587

28,404

28,180

27,930

27,634

27,592

27,240

26,947

26,653

26,318

25,755

25,278

24,918

24,589

24,233

23,845

23,493

23,157

22,942

22,632

22,472

22,169

21,772

21,378

20,963

20,643

20,277

19,326

Net completed plant

31,216

31,352

31,560

31,788

31,909

31,935

31,779

31,744

31,038

31,044

30,543

30,186

29,089

29,181

23,972

23,976

23,832

23,804

23,751

24,027

22,951

23,019

22,975

23,010

23,696

23,873

23,916

23,848

23,843

23,615

23,748

23,912

23,283

23,535

23,544

23,245

23,671

Construction in progress

2,095

1,972

1,893

1,783

1,921

1,923

1,999

1,838

2,525

2,459

2,842

2,692

3,583

3,278

8,458

7,992

7,625

7,413

7,147

6,640

6,518

6,190

5,951

5,624

5,245

4,914

4,704

5,149

-

-

4,768

-

-

-

-

-

-

Construction in progress

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,893

5,034

-

4,486

5,067

4,773

4,662

4,048

3,008

Nuclear fuel

1,547

1,582

1,534

1,408

1,444

1,470

1,487

1,335

1,354

1,370

1,401

1,373

1,429

1,409

1,450

1,324

1,385

1,409

1,415

1,329

1,365

1,422

1,322

1,275

1,305

1,369

1,256

1,239

1,280

1,197

1,176

1,134

1,170

1,193

1,073

1,126

1,102

Capital leases

140

143

146

146

143

146

149

152

155

158

161

164

161

160

163

173

100

102

94

96

98

100

102

59

62

64

47

42

31

33

35

44

46

31

26

28

49

Total property, plant, and equipment, net

34,998

35,049

35,133

35,125

35,417

35,474

35,414

35,069

35,072

35,031

34,947

34,415

34,262

34,028

34,043

33,465

32,942

32,728

32,407

32,092

30,932

30,731

30,350

29,968

30,308

30,220

29,923

30,278

30,047

29,879

29,727

29,576

29,566

29,532

29,305

28,447

27,830

Investment funds

2,607

3,163

2,968

2,899

-

2,592

2,862

2,724

2,682

2,714

2,603

2,459

2,388

2,293

2,257

2,125

2,083

2,083

2,011

2,079

2,071

2,028

1,981

1,903

1,827

1,793

1,701

1,570

1,569

1,489

1,465

1,345

1,369

1,256

1,168

1,257

1,128

Debt Securities, Trading, and Equity Securities, FV-NI

-

-

-

-

2,835

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Regulated Entity, Other Assets, Noncurrent [Abstract]
Regulatory and other long-term assets
Regulatory Assets, Noncurrent

9,433

8,410

8,763

6,755

6,822

6,962

6,612

8,006

8,240

8,492

8,698

9,328

9,495

9,728

10,164

10,424

10,432

10,237

10,418

8,787

9,113

9,043

8,994

8,566

8,663

8,660

9,131

9,945

10,352

10,850

11,127

11,403

11,140

11,384

11,505

9,416

9,756

Operating Lease, Right-of-Use Asset

354

192

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term assets

332

334

325

324

347

373

362

317

370

330

323

376

380

389

386

431

412

410

403

531

486

509

483

504

508

427

445

420

405

522

509

449

271

289

372

374

191

Total regulatory and other long-term assets

10,119

8,936

9,088

7,079

7,169

7,335

6,974

8,323

8,610

8,822

9,021

9,704

9,875

10,117

10,550

10,855

10,844

10,647

10,821

9,318

9,599

9,552

9,477

9,070

9,171

9,087

9,576

10,365

10,757

11,372

11,636

11,852

11,411

11,673

11,877

9,790

9,947

Total assets

51,148

50,199

50,467

48,275

48,465

48,747

48,667

49,607

50,507

49,977

50,017

49,991

49,804

49,864

50,494

49,980

49,116

48,742

48,745

47,320

46,394

45,933

45,596

44,695

45,023

45,032

46,106

46,480

46,492

46,933

47,334

46,825

46,261

46,209

46,393

43,620

42,753

LIABILITIES AND PROPRIETARY CAPITAL
Current liabilities
Accounts payable and accrued liabilities

1,764

1,668

1,812

1,739

1,597

1,541

1,982

1,812

1,763

1,772

1,940

1,780

1,893

1,785

2,163

1,990

1,909

1,814

2,127

1,956

1,804

1,607

2,050

1,722

1,499

1,433

1,627

1,580

1,678

1,491

1,922

1,785

1,769

1,651

1,840

1,659

1,698

Environmental cleanup costs - Kingston ash spill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12

-

82

118

113

102

110

126

127

126

117

119

128

182

151

220

Accrued interest

305

303

296

287

307

304

305

293

343

317

346

329

374

339

363

323

380

344

366

315

396

338

380

312

397

337

378

324

398

368

376

340

428

351

403

333

407

Current portion of leaseback obligations

136

40

40

40

40

38

38

38

38

37

37

61

60

58

58

83

82

79

79

79

78

75

75

75

75

69

69

434

438

439

443

448

83

80

80

80

74

Current portion of energy prepayment obligations

-

-

-

0

0

0

10

35

60

85

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

101

102

103

104

105

105

105

105

Regulatory Liability, Current

207

137

150

161

195

194

187

166

159

159

163

156

183

173

154

149

153

182

164

168

174

174

184

181

180

174

212

208

188

194

191

168

219

297

280

215

63

Short-term debt, net

1,875

895

922

1,444

1,617

2,333

1,216

1,886

1,998

2,721

1,998

1,005

815

2,027

1,407

1,542

1,407

1,504

1,034

2,582

939

1,117

596

1,759

1,691

1,825

2,432

2,395

2,045

1,000

1,507

2,530

0

785

482

0

27

Other Short-term Borrowings

-

-

-

-

-

-

-

-

4,112

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current maturities of power bonds

1,552

1,029

1,030

1,029

1,032

32

1,032

1,032

2,031

2,031

1,728

2,682

1,681

1,681

1,555

555

554

554

32

32

1,086

1,057

1,032

1,032

32

-

32

-

-

-

-

-

-

-

-

-

-

Current maturities of power bonds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

355

-

972

1,242

2,324

2,308

1,395

3,166

1,558

1,537

1,523

1,008

Other Long-term Debt, Current

40

39

39

39

38

38

38

37

37

36

36

35

35

35

35

34

34

33

33

33

33

32

32

31

31

30

30

13

13

13

13

12

12

-

0

-

-

Current maturities of notes payable

22

22

23

23

26

45

46

47

46

52

53

28

28

27

27

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

5,901

4,133

4,312

4,763

4,852

4,525

4,854

5,346

6,475

7,210

6,401

6,176

5,169

6,225

5,862

4,776

4,619

4,610

3,935

5,265

4,610

4,512

4,449

5,294

4,123

4,436

4,982

6,136

6,228

6,057

6,988

6,898

5,900

4,955

4,909

4,066

3,602

Other liabilities
Post-retirement and post-employment benefit obligations

5,984

6,062

6,181

4,260

4,318

4,377

4,476

5,251

5,310

5,372

5,477

6,718

6,770

6,827

6,929

7,117

7,053

7,124

7,107

5,852

5,791

5,862

5,839

5,410

5,319

5,371

5,348

6,421

6,349

6,286

6,279

6,156

6,086

6,018

6,007

4,831

4,729

Asset retirement obligations

5,582

5,588

5,453

5,468

4,875

4,688

4,665

4,249

4,247

4,206

4,176

3,989

3,915

3,881

3,840

3,815

3,621

3,668

3,682

3,676

3,108

3,095

3,089

3,067

3,535

3,500

3,472

3,404

3,324

3,291

3,289

3,254

3,215

3,175

3,138

3,108

2,963

Operating Lease, Liability, Noncurrent

262

130

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating Lease, Liability, Current

101

72

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Liabilities, Noncurrent

2,914

2,201

2,490

2,226

2,914

2,837

2,715

2,766

2,826

2,961

3,055

2,305

2,318

2,424

2,773

2,765

2,447

2,149

2,221

2,019

2,347

2,194

1,962

1,911

1,877

1,720

1,861

1,967

2,227

2,532

2,680

2,819

2,298

2,388

2,405

1,698

1,526

Capital Lease Obligations, Noncurrent

87

223

223

223

223

263

263

264

264

301

302

348

371

408

409

455

477

537

537

538

559

616

616

617

637

691

692

693

712

760

760

762

1,148

1,197

1,202

1,208

1,279

Energy prepayment obligations

-

-

-

-

-

-

-

0

0

0

10

35

60

85

110

135

160

185

210

235

260

285

310

335

360

385

410

435

460

485

510

535

560

585

612

638

717

Environmental cleanup costs - Kingston ash spill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

34

67

77

91

117

143

173

199

223

194

260

305

Regulatory Liability, Noncurrent

1

1

-

64

73

95

104

19

19

25

25

-

-

-

3

4

1

4

-

1

1

-

0

2

2

1

1

4

3

99

109

113

127

205

285

261

106

Total other liabilities

14,829

14,204

14,347

12,241

12,403

12,260

12,223

12,549

12,666

12,865

13,045

13,395

13,434

13,625

14,064

14,291

13,759

13,667

13,757

12,321

12,066

12,052

11,816

11,342

11,730

11,702

11,851

13,001

13,166

13,570

13,770

13,812

13,633

13,791

13,843

12,004

11,625

Long-term Debt, Excluding Current Maturities [Abstract]
Long-term power bonds, net

17,370

18,941

19,094

19,115

19,161

20,143

20,157

20,164

20,241

19,214

20,205

20,226

21,225

20,215

20,901

21,960

22,049

22,071

22,617

21,744

21,768

21,883

21,948

21,012

22,014

-

22,315

-

-

-

-

-

-

-

-

-

-

Other Long-term Debt, Noncurrent

1,069

1,089

1,089

1,108

1,108

1,127

1,127

1,146

1,146

1,164

1,164

1,182

1,182

1,200

1,199

1,217

1,216

1,233

1,233

1,263

1,263

1,279

1,279

1,295

1,295

22,009

1,311

21,214

20,959

21,222

20,269

20,189

20,753

-

22,412

-

-

Long-term notes payable

1

1

-

0

22

22

23

23

47

68

69

21

21

48

48

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt of variable interest entities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,311

-

975

975

981

981

988

988

-

0

-

-

Long-term Debt, Excluding Current Maturities

18,439

20,030

20,183

20,223

20,291

21,292

21,307

21,333

21,434

20,446

21,438

21,429

22,428

21,463

22,148

23,177

23,265

23,304

23,850

23,007

23,031

23,162

23,227

22,307

23,309

23,320

23,626

22,189

21,934

22,203

21,250

21,177

21,741

22,369

22,412

22,438

22,389

Liabilities

39,169

38,367

38,842

37,227

37,546

38,077

38,384

39,228

40,575

40,521

40,884

41,000

41,031

41,313

42,074

42,244

41,643

41,581

41,542

40,593

39,707

39,726

39,492

38,943

39,162

39,458

40,459

41,326

41,328

41,830

42,008

41,887

41,274

41,115

41,164

38,508

37,616

Commitments and contingencies (Note 21)

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

0

Proprietary capital
Appropriation-investment power program

258

258

258

258

258

258

258

258

258

258

258

258

258

258

258

258

258

258

258

258

258

258

258

261

263

266

268

273

278

283

288

293

298

303

308

313

328

Retained Earnings Power Program

11,271

11,015

10,823

10,234

10,069

9,827

9,404

9,504

9,033

8,571

8,282

8,143

7,908

7,697

7,594

6,932

6,640

6,321

6,357

5,852

5,819

5,323

5,240

4,917

4,997

4,700

4,767

4,292

4,302

4,249

4,492

4,141

4,164

4,257

4,429

4,230

4,264

Total power program proprietary capital

11,529

11,273

11,081

10,492

10,327

10,085

9,662

9,762

9,291

8,829

8,540

8,401

8,166

7,955

7,852

7,190

6,898

6,579

6,615

6,110

6,077

5,581

5,498

5,178

5,260

4,966

5,035

4,565

4,580

4,532

4,780

4,434

4,462

4,560

4,737

4,543

4,592

Appropriation investment nonpower programs, net

552

554

556

558

560

562

564

566

568

570

572

574

576

578

580

583

585

587

590

593

595

598

601

603

605

607

609

613

616

617

620

622

625

627

630

634

640

Accumulated Other Comprehensive Income (Loss), Net of Tax

-102

5

-12

-2

32

23

57

51

73

57

21

16

31

18

-12

-37

-10

-5

-2

24

15

28

5

-29

-4

1

3

-24

-32

-46

-74

-118

-100

-93

-138

-65

-95

Proprietary Capital

11,979

11,832

11,625

11,048

10,919

10,670

10,283

10,379

9,932

9,456

9,133

8,991

8,773

8,551

8,420

7,736

7,473

7,161

7,203

6,727

6,687

6,207

6,104

5,752

5,861

5,574

5,647

5,154

5,164

5,103

5,326

4,938

4,987

5,094

5,229

5,112

5,137

Total liabilities and proprietary capital

51,148

50,199

50,467

48,275

48,465

48,747

48,667

49,607

50,507

49,977

50,017

49,991

49,804

49,864

50,494

49,980

49,116

48,742

48,745

47,320

46,394

45,933

45,596

44,695

45,023

45,032

46,106

46,480

46,492

46,933

47,334

46,825

46,261

46,209

46,393

43,620

42,753