Tennessee Valley Authority TVC Cash Flow

Tennessee valley authority (TVC)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10
Financing costs, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	10	72	80	75	0	0	0	-	-	-	-
Supplemental disclosures
Cash flows from operating activities
Net income (loss)
1,200	1,186	1,417	728	1,033	1,254	1,119	1,359	1,122	871	685	1,207	1,265	1,372	1,233	1,074	815	993	1,111	931	818	617	469	621	690	449	271	147	136	-12	60	-93	-310	37	162	0	0	0
Adjustments to reconcile net income (loss) to net cash provided by operating activities
Depreciation and amortization (including amortization of debt issuance costs and premiums/discounts)
2,224	2,233	1,993	2,671	2,500	2,471	2,554	1,716	1,740	1,747	1,763	1,803	1,831	1,859	1,882	2,013	2,097	2,086	2,077	1,972	1,900	1,899	1,888	1,834	1,783	1,737	1,723	1,770	1,859	1,939	1,947	1,938	1,867	1,801	1,792	0	0	0
Amortization of nuclear fuel cost
394	391	379	377	372	369	382	380	358	350	341	325	333	309	287	276	263	268	277	280	276	280	279	287	294	288	268	255	251	248	264	262	241	240	225	0	0	0
Non-cash retirement benefit expense
319	316	314	316	319	321	324	827	831	835	837	335	332	329	327	328	329	330	332	392	452	511	572	584	597	615	622	618	614	607	607	572	537	501	465	0	0	0
Prepayment credits applied to revenue
-	-	-	-	-	-	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100	101	102	103	210	157	105	263	105	105	105	0	0	0
Amortization of Regulatory Asset
158	242	261	227	160	18	2	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Fuel cost adjustment deferral
-	-	-	-	-	-	-	-	-	-	-	-98	-39	63	83	105	-39	-37	6	-47	-63	-11	38	87	120	11	-97	-44	-48	-78	61	-64	-172	-81	-69	0	0	0
Fuel cost tax equivalents
-	-	-	-	-	-	-	-	-	-	-	-7	3	7	16	25	20	16	18	12	4	-4	-6	-1	4	8	-2	-21	-66	-60	-47	-238	-149	-142	-135	0	0	0
Environmental cleanup costs - Kingston ash spill - non cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	72	73	73	73	74	74	75	76	0	0	0
Changes in current assets and liabilities
Accounts receivable, net
-166	-159	40	-92	29	21	68	67	-20	-1	-230	-81	28	159	83	-97	-235	-157	-93	-24	-48	-68	79	40	82	-41	-114	-155	-873	-660	-89	-141	278	148	62	0	0	0
Inventories and other current assets, net
105	108	87	85	37	9	-65	-99	-103	-69	-1	32	-29	-93	-50	-94	-65	-4	12	116	167	42	-34	-118	-143	35	-27	-146	606	428	131	498	-188	-71	71	0	0	0
Accounts payable and accrued liabilities
-99	-25	-155	-6	-20	-21	143	23	-4	-79	-109	-71	-17	33	-4	-46	-75	-19	-121	-83	-6	-19	147	-16	-221	-88	-296	-61	155	-72	60	-96	67	-55	60	0	0	0
Accrued interest
-1	-2	-8	-5	-34	-12	-36	-35	-24	-17	-17	6	-6	-5	-3	9	-15	7	-13	3	-1	1	2	-13	-2	-32	1	-15	-29	17	-26	6	8	-3	-4	0	0	0
Regulatory asset costs
-	-	-	-	-	-	-	-	-	-	-	34	28	36	31	29	23	22	23	25	34	35	56	62	55	49	21	0	0	0	-	-	-	-	-	-	-	-
Pension contributions
307	307	307	307	305	304	304	804	804	805	805	368	293	356	281	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Environmental cleanup costs-Kingston ash spill
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Pension contributions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Environmental cleanup costs - Kingston ash spill, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-108	-101	-108	-108	-115	-100	-91	-108	0	0	0
Insurance recoveries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	50	64	75	175	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Insurance Recoveries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Other, net
7	-76	-52	-13	28	83	37	97	72	106	118	-23	-9	-13	-3	20	-12	-23	-58	72	61	60	49	133	139	151	150	115	210	147	125	-115	-98	-112	-98	0	0	0
Net cash provided by operating activities
3,843	4,056	3,720	3,880	3,827	3,814	3,938	3,286	3,070	2,737	2,728	3,143	3,228	3,143	3,042	3,177	3,233	3,358	3,315	3,009	2,966	2,945	2,980	3,106	2,875	2,848	2,597	2,800	2,855	2,574	2,574	1,986	1,971	2,166	2,437	0	0	0
Cash flows from investing activities
Construction expenditures
1,678	1,665	1,700	1,697	1,663	1,708	1,759	1,835	1,992	2,079	2,153	2,310	2,352	2,469	2,710	2,858	2,920	2,965	2,850	2,754	2,650	2,575	2,384	2,235	2,196	2,035	2,051	2,012	1,972	2,034	2,119	2,356	2,443	2,457	2,417	0	0	0
Nuclear fuel expenditures
486	494	474	499	452	483	457	256	287	276	305	369	357	299	300	259	272	232	350	306	303	303	326	321	313	455	287	335	349	270	361	296	282	264	216	0	0	0
Loans and other receivables
Advances
9	12	10	8	6	6	12	13	16	14	11	15	11	11	10	11	10	9	17	14	16	16	6	5	3	2	6	4	4	6	2	-3	4	10	21	0	0	0
Repayments
11	10	11	7	6	5	4	8	8	8	8	5	6	7	7	6	6	7	8	8	7	6	6	7	8	9	9	8	10	8	10	11	9	12	11	0	0	0
Other, net
3	23	22	10	4	1	-4	39	39	47	26	19	38	30	50	-25	-35	-38	-18	28	15	18	-2	0	0	0	-	-	-	-	-	-	-	-	-4	0	0	0
Net cash used in investing activities
-2,213	-2,232	-2,243	-2,256	-2,168	-2,242	-2,269	-2,184	-2,375	-2,457	-2,536	-2,758	-2,802	-2,852	-3,113	-3,148	-3,554	-3,555	-3,585	-3,485	-3,026	-2,954	-2,756	-2,601	-2,555	-2,533	-2,385	-2,391	-2,358	-2,343	-2,513	-3,129	-3,212	-3,217	-3,142	0	0	0
Cash flows from financing activities
Long-term debt
Issues of power bonds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-
Redemptions and repurchases of power bonds
1,250	251	1,035	1,034	2,034	2,035	1,731	2,731	1,730	1,729	1,558	599	598	599	76	35	1,140	1,180	1,180	1,182	78	362	365	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of Other Long-term Debt
39	37	38	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemptions of debt of variable interest entities
-	-	-	-	-	-	53	19	30	29	27	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemptions and repurchases of power bonds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	2,691	131	1,035	1,021	0	0	0
Short-term debt issues (redemptions), net
281	-1,426	-294	-453	-391	-394	-782	866	1,174	690	592	-543	-597	519	370	-1,043	466	386	437	823	-753	-709	-1,837	-637	-354	824	924	-136	2,043	214	1,024	2,529	0	566	455	0	0	0
Payments on leases and leasebacks
46	43	43	43	43	42	42	115	137	136	136	139	138	158	159	84	83	80	80	80	79	73	73	438	441	442	446	87	87	84	84	84	82	77	118	0	0	0
Payments to U.S. Treasury
-	-	-	-	-	-	-	-	-	-	-	-	6	5	6	4	4	6	5	9	11	11	14	18	21	25	27	25	27	26	27	28	26	27	27	0	0	0
Other, net
-16	-18	-21	-10	-6	-8	-9	0	0	0	-	-	-	-	-25	5	-52	-45	-36	-36	22	17	8	50	7	-18	-20	-63	-29	-2	-1	0	0	0	-	-	-	-
Net cash provided by (used in) financing activities
-1,095	-1,821	-1,477	-1,624	-2,556	-1,572	-1,658	-1,090	215	-266	-191	-385	-427	-302	71	-228	120	9	70	471	56	-183	-1,326	-980	-733	-536	522	324	51	468	300	848	857	1,022	884	0	0	0
Net change in cash and cash equivalents
535	3	0	0	-897	0	11	12	910	14	1	0	-1	-11	0	-199	-201	-188	-200	-5	-4	-192	-1,102	-475	-413	-221	734	733	548	699	361	-295	-384	-29	179	0	0	0
Supplemental Cash Flow Elements [Abstract]
Significant non-cash transactions
Accrued capital and nuclear fuel expenditures
-	0	-	-	-	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease Obligation Incurred
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued capital and nuclear fuel expenditures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-