Tennessee Valley Authority TVE Cash Flow

Tennessee valley authority (TVE)

CashFlow / Quarterly

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
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,000	0	2,000	5,000	3,000	62,000	10,000	0	-	-	-	-
Supplemental disclosures
Cash flows from operating activities
Net income (loss)
255,000	192,000	588,000	165,000	241,000	423,000	-101,000	470,000	462,000	288,000	139,000	233,000	211,000	102,000	661,000	291,000	318,000	-37,000	502,000	32,000	496,000	81,000	322,000	-81,000	295,000	-67,000	474,000	-12,000	54,000	-245,000	350,000	-23,000	-94,000	-173,000	197,000	-240,000	253,000	-48,000
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)
462,000	590,000	591,000	581,000	471,000	350,000	1,269,000	410,000	442,000	433,000	431,000	434,000	449,000	449,000	471,000	462,000	477,000	472,000	602,000	546,000	466,000	463,000	497,000	474,000	465,000	452,000	443,000	423,000	419,000	438,000	490,000	512,000	499,000	446,000	481,000	441,000	433,000	437,000
Amortization of nuclear fuel cost
101,000	93,000	102,000	98,000	98,000	81,000	100,000	93,000	95,000	94,000	98,000	71,000	87,000	85,000	82,000	79,000	63,000	63,000	71,000	66,000	68,000	72,000	74,000	62,000	72,000	71,000	82,000	69,000	66,000	51,000	69,000	65,000	63,000	67,000	67,000	44,000	62,000	52,000
Non-cash retirement benefit expense
81,000	81,000	79,000	78,000	78,000	79,000	81,000	81,000	80,000	82,000	584,000	85,000	84,000	84,000	82,000	82,000	81,000	82,000	83,000	83,000	82,000	84,000	143,000	143,000	141,000	145,000	155,000	156,000	159,000	152,000	151,000	152,000	152,000	152,000	116,000	117,000	116,000	116,000
Prepayment credits applied to revenue
-	-	-	-	-	-	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	26,000	26,000	26,000	132,000	-27,000	-26,000	184,000	-26,000	-27,000	-26,000
Amortization of Regulatory Asset
78,000	3,000	21,000	56,000	162,000	22,000	-13,000	-11,000	20,000	6,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,000	10,000	19,000
Fuel cost adjustment deferral
-	-	-	-	-	-	-	-	-	-	-	30,000	-49,000	-57,000	-22,000	89,000	53,000	-37,000	0	-55,000	55,000	6,000	-53,000	-71,000	107,000	55,000	-4,000	-38,000	-2,000	-53,000	49,000	-42,000	-32,000	86,000	-76,000	-150,000	59,000	98,000
Fuel cost tax equivalents
-	-	-	-	-	-	-	-	-	-	-	-1,000	4,000	-2,000	-8,000	9,000	8,000	7,000	1,000	4,000	4,000	9,000	-5,000	-4,000	-4,000	7,000	0	1,000	0	-3,000	-19,000	-44,000	6,000	10,000	-210,000	45,000	13,000	17,000
Environmental cleanup costs - Kingston ash spill - non cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,000	-	18,000	18,000	18,000	18,000	19,000	18,000	18,000	19,000	19,000	19,000	19,000
Changes in current assets and liabilities
Accounts receivable, net
-159,000	-316,000	189,000	120,000	-152,000	-117,000	57,000	241,000	-160,000	-70,000	56,000	154,000	-141,000	-299,000	205,000	263,000	-10,000	-375,000	25,000	125,000	68,000	-311,000	94,000	101,000	48,000	-164,000	55,000	143,000	-75,000	-237,000	14,000	-575,000	138,000	334,000	-38,000	-156,000	8,000	248,000
Inventories and other current assets, net
13,000	88,000	-58,000	62,000	16,000	67,000	-60,000	14,000	-12,000	-7,000	-94,000	10,000	22,000	61,000	-61,000	-51,000	-42,000	104,000	-105,000	-22,000	19,000	120,000	-1,000	29,000	-106,000	44,000	-85,000	4,000	72,000	-18,000	-204,000	756,000	-106,000	-315,000	163,000	70,000	11,000	-173,000
Accounts payable and accrued liabilities
-5,000	-213,000	62,000	57,000	69,000	-343,000	211,000	43,000	68,000	-179,000	91,000	16,000	-7,000	-209,000	129,000	70,000	43,000	-246,000	87,000	41,000	99,000	-348,000	125,000	118,000	86,000	-182,000	-38,000	-87,000	219,000	-390,000	197,000	129,000	-8,000	-258,000	41,000	292,000	-130,000	-143,000
Accrued interest
7,000	6,000	13,000	-27,000	6,000	0	16,000	-56,000	28,000	-24,000	17,000	-45,000	35,000	-24,000	40,000	-57,000	36,000	-22,000	52,000	-81,000	58,000	-42,000	68,000	-85,000	60,000	-41,000	53,000	-74,000	30,000	-8,000	37,000	-88,000	76,000	-51,000	69,000	-86,000	65,000	-52,000
Regulatory asset costs
-	-	-	-	-	-	-	-	-	-	-	13,000	-2,000	16,000	7,000	7,000	6,000	11,000	5,000	1,000	5,000	12,000	7,000	10,000	6,000	33,000	13,000	3,000	0	5,000	-	-	-	-	-	-	-	-
Pension contributions
80,000	75,000	75,000	77,000	80,000	75,000	75,000	75,000	79,000	75,000	575,000	75,000	80,000	75,000	138,000	0	143,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Environmental cleanup costs-Kingston ash spill
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22,000	-	-	-	-	-	-	-	-	-	-	-	-
Pension contributions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Environmental cleanup costs - Kingston ash spill, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-30,000	-26,000	-25,000	-27,000	-23,000	-33,000	-25,000	-34,000	-8,000	-24,000	-42,000
Insurance recoveries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	50,000	0	14,000	11,000	150,000	-	-	-	-	-	-	-	-	-	-	-	-
Insurance Recoveries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Other, net
19,000	61,000	-80,000	7,000	-64,000	85,000	-41,000	48,000	-9,000	39,000	19,000	23,000	25,000	51,000	-122,000	37,000	21,000	61,000	-99,000	5,000	10,000	26,000	31,000	-6,000	9,000	15,000	115,000	0	21,000	14,000	80,000	95,000	-42,000	-8,000	-160,000	112,000	-56,000	6,000
Net cash provided by operating activities
1,032,000	838,000	1,241,000	732,000	1,245,000	502,000	1,401,000	679,000	1,232,000	626,000	749,000	463,000	899,000	617,000	1,164,000	548,000	814,000	516,000	1,299,000	604,000	939,000	473,000	993,000	561,000	918,000	508,000	1,119,000	330,000	891,000	257,000	1,322,000	385,000	610,000	257,000	734,000	370,000	805,000	528,000
Cash flows from investing activities
Construction expenditures
375,000	465,000	408,000	430,000	362,000	500,000	405,000	396,000	407,000	551,000	481,000	553,000	494,000	625,000	638,000	595,000	611,000	866,000	786,000	657,000	656,000	751,000	690,000	553,000	581,000	560,000	541,000	514,000	420,000	576,000	502,000	474,000	482,000	661,000	739,000	561,000	496,000	621,000
Nuclear fuel expenditures
67,000	117,000	251,000	51,000	75,000	97,000	276,000	4,000	106,000	71,000	75,000	35,000	95,000	100,000	139,000	23,000	37,000	101,000	98,000	36,000	-3,000	219,000	54,000	33,000	-3,000	242,000	49,000	25,000	139,000	74,000	97,000	39,000	60,000	165,000	32,000	25,000	42,000	117,000
Loans and other receivables
Advances
1,000	2,000	2,000	4,000	4,000	0	0	2,000	4,000	6,000	1,000	5,000	2,000	3,000	5,000	1,000	2,000	2,000	6,000	0	1,000	10,000	3,000	2,000	1,000	0	2,000	0	0	4,000	0	0	2,000	0	-5,000	7,000	8,000	11,000
Repayments
3,000	1,000	5,000	2,000	2,000	2,000	1,000	1,000	1,000	1,000	5,000	1,000	1,000	1,000	2,000	2,000	2,000	1,000	1,000	2,000	3,000	2,000	1,000	1,000	2,000	2,000	2,000	2,000	3,000	2,000	1,000	4,000	1,000	4,000	2,000	2,000	4,000	3,000
Other, net
-20,000	7,000	6,000	10,000	0	6,000	-6,000	4,000	-3,000	1,000	37,000	4,000	5,000	-20,000	30,000	23,000	-3,000	0	-45,000	13,000	-6,000	20,000	1,000	0	-3,000	0	-	-	-	-	-	-	-	-	-5,000	0	0	1,000
Net cash used in investing activities
-420,000	-590,000	-710,000	-493,000	-439,000	-601,000	-723,000	-405,000	-513,000	-628,000	-638,000	-596,000	-595,000	-707,000	-860,000	-640,000	-645,000	-968,000	-895,000	-1,046,000	-646,000	-998,000	-795,000	-587,000	-574,000	-800,000	-640,000	-541,000	-552,000	-652,000	-646,000	-508,000	-537,000	-822,000	-1,262,000	-591,000	-542,000	-747,000
Cash flows from financing activities
Long-term debt
Issues of power bonds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,000	92,000	975,000	-	66,000	69,000	0	-	-	-	-
Redemptions and repurchases of power bonds
1,000,000	218,000	1,000	31,000	1,000	1,002,000	0	1,031,000	2,000	698,000	1,000,000	30,000	1,000	527,000	41,000	29,000	2,000	4,000	0	1,134,000	42,000	4,000	2,000	30,000	326,000	7,000	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of Other Long-term Debt
20,000	0	-8,000	27,000	18,000	1,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemptions of debt of variable interest entities
-	-	-	-	-	-	35,000	-11,000	27,000	2,000	1,000	0	26,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemptions and repurchases of power bonds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,000	-	2,565,000	106,000	19,000	1,000	5,000	1,010,000	5,000
Short-term debt issues (redemptions), net
980,000	-27,000	-490,000	-182,000	-727,000	1,105,000	-649,000	-120,000	-730,000	717,000	999,000	188,000	-1,214,000	619,000	-136,000	134,000	-98,000	470,000	-1,549,000	1,643,000	-178,000	521,000	-1,163,000	67,000	-134,000	-607,000	37,000	350,000	1,044,000	-507,000	-1,023,000	2,529,000	-785,000	303,000	482,000	0	-219,000	192,000
Payments on leases and leasebacks
42,000	1,000	2,000	1,000	39,000	1,000	2,000	1,000	38,000	1,000	75,000	23,000	37,000	1,000	78,000	22,000	57,000	2,000	3,000	21,000	54,000	2,000	3,000	20,000	48,000	2,000	368,000	23,000	49,000	6,000	9,000	23,000	46,000	6,000	9,000	21,000	41,000	47,000
Payments to U.S. Treasury
-	-	-	-	-	-	-	-	-	-	-	-	2,000	1,000	2,000	1,000	1,000	2,000	0	1,000	3,000	1,000	4,000	3,000	3,000	4,000	8,000	6,000	7,000	6,000	6,000	8,000	6,000	7,000	7,000	6,000	7,000	7,000
Other, net
1,000	3,000	-20,000	0	-1,000	0	-9,000	4,000	-3,000	-1,000	-	-	-	-	-31,000	10,000	-5,000	1,000	-1,000	-47,000	2,000	10,000	-1,000	11,000	-3,000	1,000	41,000	-32,000	-28,000	-1,000	-2,000	2,000	-1,000	0	-	-	-	-
Net cash provided by (used in) financing activities
-81,000	-243,000	-532,000	-239,000	-807,000	101,000	-679,000	-1,171,000	177,000	15,000	-111,000	134,000	-304,000	90,000	-305,000	92,000	-179,000	463,000	-604,000	440,000	-290,000	524,000	-203,000	25,000	-529,000	-619,000	143,000	272,000	-332,000	439,000	-55,000	-1,000	85,000	271,000	493,000	8,000	250,000	133,000
Net change in cash and cash equivalents
531,000	5,000	-1,000	0	-1,000	2,000	-1,000	-897,000	896,000	13,000	0	1,000	0	0	-1,000	0	-10,000	11,000	-200,000	-2,000	3,000	-1,000	-5,000	-1,000	-185,000	-911,000	622,000	61,000	7,000	44,000	621,000	-124,000	158,000	-294,000	-35,000	-213,000	513,000	-86,000
Supplemental Cash Flow Elements [Abstract]
Significant non-cash transactions
Accrued capital and nuclear fuel expenditures
-	254,000	-	-	-	372,000	-	21,000	0	294,000	-	-55,000	59,000	336,000	-	28,000	38,000	372,000	-	163,000	14,000	237,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease Obligation Incurred
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	76,000	0	9,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued capital and nuclear fuel expenditures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	62,000	-26,000	206,000	-	-	-	-	-	-	-	-	-	-	-	-