2023 Q1 Form 10-K Financial Statement

#000101387123000004 Filed on February 23, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $7.722B $7.855B $31.54B
YoY Change -2.2% 11.48% 16.87%
Cost Of Revenue $8.778B $8.827B $27.45B
YoY Change 78.05% 26.35% 34.0%
Gross Profit -$1.056B -$972.0M $4.097B
YoY Change -135.6% -1720.0% -37.04%
Gross Profit Margin -13.68% -12.37% 12.99%
Selling, General & Admin $426.0M $163.0M $1.228B
YoY Change 32.3% -46.2% -5.03%
% of Gross Profit 29.97%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $190.0M $197.0M $634.0M
YoY Change 3.83% -11.66% -19.24%
% of Gross Profit 15.47%
Operating Expenses $426.0M $312.0M $1.228B
YoY Change 32.3% -39.88% -5.03%
Operating Profit -$1.544B -$1.284B $2.018B
YoY Change -163.67% 179.74% -39.6%
Interest Expense $148.0M -$98.00M $417.0M
YoY Change 43.69% -16.24% -14.02%
% of Operating Profit 20.66%
Other Income/Expense, Net -$127.0M $23.00M -$355.0M
YoY Change 7.63% 9.52% -26.35%
Pretax Income -$1.671B -$1.392B $1.663B
YoY Change -172.43% 133.95% -41.83%
Income Tax -$336.0M -$297.0M $442.0M
% Of Pretax Income 26.58%
Net Earnings -$1.335B -$1.095B $1.221B
YoY Change -176.9% 156.44% -44.17%
Net Earnings / Revenue -17.29% -13.94% 3.87%
Basic Earnings Per Share -$5.82 $5.17
Diluted Earnings Per Share -$5.82 -$4.76 $5.17
COMMON SHARES
Basic Shares Outstanding 229.8M shares 230.4M shares 236.0M shares
Diluted Shares Outstanding 230.0M shares 236.0M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $407.0M $430.0M $430.0M
YoY Change 5.17% 72.0% 72.0%
Cash & Equivalents $407.0M $430.0M $430.0M
Short-Term Investments
Other Short-Term Assets $5.560B $10.28B $10.28B
YoY Change -56.58% 50.07% 50.07%
Inventory $722.0M $751.0M $751.0M
Prepaid Expenses
Receivables $3.519B $4.773B $4.773B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $10.21B $16.23B $16.23B
YoY Change -39.37% 49.72% 49.72%
LONG-TERM ASSETS
Property, Plant & Equipment $2.082B $1.917B $1.917B
YoY Change 9.64% -2.14% -2.14%
Goodwill $5.343B $1.650B
YoY Change 197.49% -8.33%
Intangibles
YoY Change
Long-Term Investments $136.0M $133.0M $133.0M
YoY Change -9.93% -15.29% -15.29%
Other Assets $354.0M $256.0M $7.083B
YoY Change 38.82% 11.79% 19.67%
Total Long-Term Assets $19.49B $12.92B $12.92B
YoY Change 54.18% 4.65% 4.65%
TOTAL ASSETS
Total Short-Term Assets $10.21B $16.23B $16.23B
Total Long-Term Assets $19.49B $12.92B $12.92B
Total Assets $29.70B $29.15B $29.15B
YoY Change 0.74% 25.73% 25.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.330B $3.643B $3.643B
YoY Change 5.14% 60.2% 60.2%
Accrued Expenses $1.657B $1.373B $1.373B
YoY Change 21.21% -2.28% -2.28%
Deferred Revenue $688.0M $176.0M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $971.0M $63.00M $63.00M
YoY Change 24175.0% 1475.0% 1475.0%
Total Short-Term Liabilities $10.33B $12.98B $12.98B
YoY Change -15.59% 64.02% 64.02%
LONG-TERM LIABILITIES
Long-Term Debt $11.33B $7.976B $7.976B
YoY Change 41.19% 0.13% 0.13%
Other Long-Term Liabilities $1.030B $983.0M $4.226B
YoY Change 3.41% -1.01% 16.48%
Total Long-Term Liabilities $16.29B $12.34B $12.20B
YoY Change 33.37% 5.73% 5.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.33B $12.98B $12.98B
Total Long-Term Liabilities $16.29B $12.34B $12.20B
Total Liabilities $26.62B $25.32B $25.32B
YoY Change 8.87% 29.29% 29.29%
SHAREHOLDERS EQUITY
Retained Earnings -$15.00M $1.408B
YoY Change -100.69% 203.45%
Common Stock $8.485B $8.461B
YoY Change 0.57% -0.87%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.864B $5.864B
YoY Change 7.4% 11.21%
Treasury Stock Shares 194.3M shares
Shareholders Equity $3.080B $3.828B $3.828B
YoY Change
Total Liabilities & Shareholders Equity $29.70B $29.15B $29.15B
YoY Change 0.74% 25.73% 25.73%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$1.335B -$1.095B $1.221B
YoY Change -176.9% 156.44% -44.17%
Depreciation, Depletion And Amortization $190.0M $197.0M $634.0M
YoY Change 3.83% -11.66% -19.24%
Cash From Operating Activities -$1.598B -$1.398B $360.0M
YoY Change -195.35% 2.64% -26.98%
INVESTING ACTIVITIES
Capital Expenditures $142.0M $117.0M $367.0M
YoY Change 136.67% -334.0% 36.43%
Acquisitions $2.492B
YoY Change 9484.62%
Other Investing Activities -$2.208B -$10.00M $35.00M
YoY Change 10940.0% -101.68%
Cash From Investing Activities -$2.350B -$127.0M -$332.0M
YoY Change 2837.5% -123.26% -89.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $606.0M
YoY Change 1189.36%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $2.536B 188.0M $1.043B
YoY Change 783.62% -297.89% -483.46%
NET CHANGE
Cash From Operating Activities -$1.598B -1.398B $360.0M
Cash From Investing Activities -$2.350B -127.0M -$332.0M
Cash From Financing Activities $2.536B 188.0M $1.043B
Net Change In Cash -$1.409B -1.337B $1.068B
YoY Change -174.71% 46.76% -137.87%
FREE CASH FLOW
Cash From Operating Activities -$1.598B -$1.398B $360.0M
Capital Expenditures $142.0M $117.0M $367.0M
Free Cash Flow -$1.740B -$1.515B -$7.000M
YoY Change -207.67% 15.47% -103.13%

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CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2020 us-gaap Adjustments To Additional Paid In Capital Other
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CY2020 us-gaap Adjustments To Additional Paid In Capital Other
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CY2020 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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CY2020 us-gaap Treasury Stock Value Acquired Cost Method
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CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2020 us-gaap Stock Issued During Period Value New Issues
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CY2020 us-gaap Dividends Common Stock Cash
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297000000 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1680000000 usd
CY2021 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
2187000000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
80000000 usd
CY2021 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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CY2021 us-gaap Treasury Stock Value Acquired Cost Method
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CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
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CY2021 us-gaap Stock Issued During Period Value New Issues
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CY2021 us-gaap Dividends Common Stock Cash
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320000000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3600000000 usd
CY2022 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
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CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2022 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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CY2022 us-gaap Treasury Stock Value Acquired Cost Method
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CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2022 us-gaap Dividends Common Stock Cash
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334000000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3828000000 usd
CY2022 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
6000000 shares
CY2021 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
9000000 shares
CY2020 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
27000000 shares
CY2022 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.40
CY2021 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.30
CY2020 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.20
CY2022 us-gaap Nature Of Operations
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<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Nature of Business</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%"> </span><div style="margin-bottom:6pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">General</span></div><div style="margin-bottom:6pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">NRG Energy, Inc., or NRG or the Company, is a consumer services company built on dynamic retail brands. NRG brings the power of energy to customers by producing and selling energy and related products and services, nation-wide in the U.S. and Canada in a manner that delivers value to all of NRG's stakeholders. NRG sells power, natural gas, home and power services, and develops innovative, sustainable solutions, predominately under the brand names NRG, Reliant, Direct Energy, Green Mountain Energy, Stream, and XOOM Energy. The Company has a customer base that includes approximately 5.4 million Home customers as well as commercial, industrial, and wholesale customers, supported by approximately 16 GW of generation. </span></div><div style="margin-bottom:6pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On December 6, 2022, NRG and Vivint Smart Home, Inc. announced the entry into a definitive agreement under which the Company will acquire Vivint, a smart home platform company, in an all-cash transaction. The acquisition will accelerate the realization of NRG’s consumer-focused growth strategy and create a leading essential home services platform fueled by market-leading brands, unparalleled insights, proprietary technologies and complementary sales channels. Close of the acquisition is targeted for the first quarter of 2023 and is subject to customary closing conditions.</span></div><div style="margin-bottom:6pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The Company manages its operations based on the combined results of the retail and wholesale generation businesses with a geographical focus. </span></div><div style="margin-bottom:3pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The Company's business is segmented as follows:</span></div><div style="margin-bottom:3pt;padding-left:36pt;text-align:justify;text-indent:-13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:10pt">Texas, which includes all activity related to customer, plant and market operations in Texas; </span></div><div style="margin-bottom:3pt;padding-left:36pt;text-align:justify;text-indent:-13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:10pt">East, which includes all activity related to customer, plant and market operations in the East; </span></div><div style="margin-bottom:3pt;padding-left:36pt;text-align:justify;text-indent:-13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:10pt">West/Services/Other, which includes the following assets and activities: (i) all activity related to customer, plant and market operations in the West and Canada, (ii) the Services businesses (iii) activity related to the Cottonwood facility, (iv) the remaining renewables activity, including the Company’s equity method investment in Ivanpah Master Holdings, LLC, and (v) activity related to the Company’s equity method investment for the Gladstone power plant in Australia; and</span></div>•Corporate activities.
CY2022Q4 nrg Power Generation Capacity Megawatts
PowerGenerationCapacityMegawatts
16 mw
CY2022Q2 nrg Proceeds From Government Grant
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689000000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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CY2022 nrg Accounts Receivable Allowance For Credit Loss Acquired In Acquisition
AccountsReceivableAllowanceForCreditLossAcquiredInAcquisition
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CY2021 nrg Accounts Receivable Allowance For Credit Loss Acquired In Acquisition
AccountsReceivableAllowanceForCreditLossAcquiredInAcquisition
112000000 usd
CY2020 nrg Accounts Receivable Allowance For Credit Loss Acquired In Acquisition
AccountsReceivableAllowanceForCreditLossAcquiredInAcquisition
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CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
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CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
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CY2020 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
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CY2022 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
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CY2021 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
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CY2020 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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CY2022 nrg Accounts Receivable Allowance For Credit Loss Increase Decrease Due Finance Hedge Risk
AccountsReceivableAllowanceForCreditLossIncreaseDecreaseDueFinanceHedgeRisk
-70000000 usd
CY2021 nrg Accounts Receivable Allowance For Credit Loss Increase Decrease Due Finance Hedge Risk
AccountsReceivableAllowanceForCreditLossIncreaseDecreaseDueFinanceHedgeRisk
403000000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
430000000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
250000000 usd
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3905000000 usd
CY2022Q4 nrg Funds Deposited By Counterparties
FundsDepositedByCounterparties
1708000000 usd
CY2021Q4 nrg Funds Deposited By Counterparties
FundsDepositedByCounterparties
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CY2020Q4 nrg Funds Deposited By Counterparties
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CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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CY2021Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
15000000 usd
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
2178000000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1110000000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2022 us-gaap Proceeds From Insurance Settlement Operating Activities
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CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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2100000000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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CY2022 nrg Gross Receipts Tax
GrossReceiptsTax
218000000 usd
CY2021 nrg Gross Receipts Tax
GrossReceiptsTax
184000000 usd
CY2020 nrg Gross Receipts Tax
GrossReceiptsTax
107000000 usd
CY2022 nrg Cost Of Services Energy Services Unbilled
CostOfServicesEnergyServicesUnbilled
202000000 usd
CY2021 nrg Cost Of Services Energy Services Unbilled
CostOfServicesEnergyServicesUnbilled
189000000 usd
CY2020 nrg Cost Of Services Energy Services Unbilled
CostOfServicesEnergyServicesUnbilled
98000000 usd
CY2022 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
55000000 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-8000000 usd
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-2000000 usd
CY2022 us-gaap Concentration Risk Credit Risk
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<div style="margin-bottom:6pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentrations of Credit Risk</span></div><div style="margin-bottom:6pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of trust funds, accounts receivable, notes receivable, derivatives, and investments in debt securities. Trust funds are held in accounts managed by experienced investment advisors. Certain accounts receivable, notes receivable, and derivative instruments are concentrated within entities engaged in the energy industry. These industry concentrations may impact the Company's overall exposure to credit risk, either positively or negatively, in that the customers may be similarly affected by changes in economic, industry or other conditions. Receivables and other contractual arrangements are subject to collateral requirements under the terms of enabling agreements. However, the Company believes that the credit risk posed by industry concentration is offset by the diversification and creditworthiness of its customer base. See Note 5, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Fair Value of Financial Instruments,</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> for a further discussion of derivative concentrations.</span></div>
CY2022 us-gaap Advertising Expense
AdvertisingExpense
82000000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
109000000 usd
CY2020 us-gaap Advertising Expense
AdvertisingExpense
74000000 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:6pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:6pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates. </span></div><div style="margin-bottom:6pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In recording transactions and balances resulting from business operations, the Company uses estimates based on the best information available. Estimates are used for such items as plant depreciable lives, tax provisions, uncollectible accounts, actuarially determined benefit costs, the valuation of energy commodity contracts, environmental liabilities, legal costs incurred in connection with recorded loss contingencies, and assets acquired and liabilities assumed in business combinations, among others. In addition, estimates are used to test long-lived assets and goodwill for impairment and to determine the fair value of impaired assets. As better information becomes available or actual amounts are determinable, the recorded estimates are revised. Consequently, operating results can be affected by revisions to prior accounting estimates.</span></div>
CY2022 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-bottom:6pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassifications</span></div><div style="margin-bottom:6pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain prior period amounts have been reclassified for comparative purposes. The reclassifications did not affect results from operations, net assets or cash flows.</span></div>
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
77000000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
23000000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
2000000 usd
CY2022 us-gaap Revenue Not From Contract With Customer Other
RevenueNotFromContractWithCustomerOther
35000000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
31488000000 usd
CY2021 us-gaap Revenue Not From Contract With Customer Other
RevenueNotFromContractWithCustomerOther
-22000000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
26777000000 usd
CY2020 us-gaap Revenue Not From Contract With Customer Other
RevenueNotFromContractWithCustomerOther
18000000 usd
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8690000000 usd
CY2022Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
126000000 usd
CY2021Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
133000000 usd
CY2022Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
4773000000 usd
CY2021Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
3245000000 usd
CY2022Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
1952000000 usd
CY2021Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
1574000000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
186000000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
227000000 usd
CY2022 nrg Contractwith Customer Liability Increase For Cash Payments Received
ContractwithCustomerLiabilityIncreaseForCashPaymentsReceived
175000000 usd
CY2021 nrg Contractwith Customer Liability Increase For Cash Payments Received
ContractwithCustomerLiabilityIncreaseForCashPaymentsReceived
224000000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
184000000 usd
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
23000000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
19000000 usd
CY2022Q4 us-gaap Financial Instruments Owned Us Government And Agency Obligations At Fair Value
FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue
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CY2022Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
12858000000 usd
CY2022Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
8441000000 usd
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
32000000 usd
CY2021Q4 us-gaap Financial Instruments Owned Us Government And Agency Obligations At Fair Value
FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue
1000000 usd
CY2021Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
8188000000 usd
CY2021Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
4799000000 usd
CY2022Q4 nrg Derivative Asset Fair Value Determined Using Valuation Techniques Percentage
DerivativeAssetFairValueDeterminedUsingValuationTechniquesPercentage
0.10
CY2022Q4 nrg Derivative Liability Fair Value Determined Using Valuation Techniques Percentage
DerivativeLiabilityFairValueDeterminedUsingValuationTechniquesPercentage
0.09
CY2022 nrg Change In Credit Reserve
ChangeInCreditReserve
-9000000 usd
CY2021 nrg Change In Credit Reserve
ChangeInCreditReserve
-11000000 usd
CY2022Q4 nrg Derivative Liability Not Subject To Master Netting Arrangement Collateral Right To Reclaim Cash Not Offset
DerivativeLiabilityNotSubjectToMasterNettingArrangementCollateralRightToReclaimCashNotOffset
260000000 usd
CY2022Q4 nrg Derivative Asset Not Subject To Master Netting Arrangement Collateral Obligation To Return Cash Not Offset
DerivativeAssetNotSubjectToMasterNettingArrangementCollateralObligationToReturnCashNotOffset
1700000000 usd
CY2022Q4 nrg Amount Of Credit Exposure To Significant Portion Of All Counterparties
AmountOfCreditExposureToSignificantPortionOfAllCounterparties
2700000000 usd
CY2022Q4 nrg Collateral Held Cash And Letters Of Credit
CollateralHeldCashAndLettersOfCredit
1000000000 usd
CY2022Q4 nrg Net Credit Exposure
NetCreditExposure
1700000000 usd
CY2022 nrg Counterparty Credit Risk Exposure Percentage Of Credit Risk Roll Off
CounterpartyCreditRiskExposurePercentageOfCreditRiskRollOff
0.80
CY2022Q4 nrg Credit Derivative Maximum Net Exposure Percentage
CreditDerivativeMaximumNetExposurePercentage
1
CY2022Q4 nrg Fair Valueof Gross Derivative Assets Liabilities Net
FairValueofGrossDerivativeAssetsLiabilitiesNet
3553000000 usd
CY2022Q4 nrg Credit Derivative Maximum Net Exposure Percentage
CreditDerivativeMaximumNetExposurePercentage
1
CY2022 nrg Counterparty Credit Risk Exposure Percentage Threshold
CounterpartyCreditRiskExposurePercentageThreshold
0.10
CY2022Q4 nrg Proceeds From Loss Mitigation Efforts On Derivative Hedging Agreements
ProceedsFromLossMitigationEffortsOnDerivativeHedgingAgreements
70000000 usd
CY2022 nrg Estimated Counterparty Credit Risk Exposure To Certain Counterparties
EstimatedCounterpartyCreditRiskExposureToCertainCounterparties
1100000000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
11000000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
698000000 usd
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
108000000 usd
CY2022Q4 nrg Derivative Asset Fair Value Gross Liability Net Of Derivative Liability Fair Value Gross Asset
DerivativeAssetFairValueGrossLiabilityNetOfDerivativeLiabilityFairValueGrossAsset
0 usd
CY2022Q4 nrg Derivative Collateral Obligation To Return Cash Net Of Derivative Collateral Right To Reclaim Cash
DerivativeCollateralObligationToReturnCashNetOfDerivativeCollateralRightToReclaimCash
-1639000000 usd
CY2022Q4 nrg Derivative Asset Fair Value Amount Offset Against Collateral Net Of Derivative Liability Fair Value Amount Offset Against Collateral
DerivativeAssetFairValueAmountOffsetAgainstCollateralNetOfDerivativeLiabilityFairValueAmountOffsetAgainstCollateral
1914000000 usd
CY2021Q4 nrg Fair Valueof Gross Derivative Assets Liabilities Net
FairValueofGrossDerivativeAssetsLiabilitiesNet
2341000000 usd
CY2021Q4 nrg Derivative Asset Fair Value Gross Liability Net Of Derivative Liability Fair Value Gross Asset
DerivativeAssetFairValueGrossLiabilityNetOfDerivativeLiabilityFairValueGrossAsset
0 usd
CY2021Q4 nrg Derivative Collateral Obligation To Return Cash Net Of Derivative Collateral Right To Reclaim Cash
DerivativeCollateralObligationToReturnCashNetOfDerivativeCollateralRightToReclaimCash
-814000000 usd
CY2021Q4 nrg Derivative Asset Fair Value Amount Offset Against Collateral Net Of Derivative Liability Fair Value Amount Offset Against Collateral
DerivativeAssetFairValueAmountOffsetAgainstCollateralNetOfDerivativeLiabilityFairValueAmountOffsetAgainstCollateral
1527000000 usd
CY2022 nrg Reversal Previously Recognized Unrealized Gains Losses Settled Positions Economic Hedges
ReversalPreviouslyRecognizedUnrealizedGainsLossesSettledPositionsEconomicHedges
1232000000 usd
CY2021 nrg Reversal Previously Recognized Unrealized Gains Losses Settled Positions Economic Hedges
ReversalPreviouslyRecognizedUnrealizedGainsLossesSettledPositionsEconomicHedges
41000000 usd
CY2020 nrg Reversal Previously Recognized Unrealized Gains Losses Settled Positions Economic Hedges
ReversalPreviouslyRecognizedUnrealizedGainsLossesSettledPositionsEconomicHedges
55000000 usd
CY2022 nrg Reversal Previously Recognized Unrealized Gains Losses Acquiredas Partof Acquisition Economic Hedges
ReversalPreviouslyRecognizedUnrealizedGainsLossesAcquiredasPartofAcquisitionEconomicHedges
-2000000 usd
CY2021 nrg Reversal Previously Recognized Unrealized Gains Losses Acquiredas Partof Acquisition Economic Hedges
ReversalPreviouslyRecognizedUnrealizedGainsLossesAcquiredasPartofAcquisitionEconomicHedges
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CY2020 nrg Reversal Previously Recognized Unrealized Gains Losses Acquiredas Partof Acquisition Economic Hedges
ReversalPreviouslyRecognizedUnrealizedGainsLossesAcquiredasPartofAcquisitionEconomicHedges
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UnrealizedGainLossOnDerivativesMarkToMarketEconomicHedgingActivities
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CY2021 nrg Unrealized Gain Loss On Derivatives Mark To Market Economic Hedging Activities
UnrealizedGainLossOnDerivativesMarkToMarketEconomicHedgingActivities
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CY2020 nrg Unrealized Gain Loss On Derivatives Mark To Market Economic Hedging Activities
UnrealizedGainLossOnDerivativesMarkToMarketEconomicHedgingActivities
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CY2022 nrg Reversal Previously Unrecognized Unrealized Gains Losses Settled Positions Trading Activity
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CY2021 nrg Reversal Previously Unrecognized Unrealized Gains Losses Settled Positions Trading Activity
ReversalPreviouslyUnrecognizedUnrealizedGainsLossesSettledPositionsTradingActivity
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CY2020 nrg Reversal Previously Unrecognized Unrealized Gains Losses Settled Positions Trading Activity
ReversalPreviouslyUnrecognizedUnrealizedGainsLossesSettledPositionsTradingActivity
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CY2022 nrg Reversal Of Acquired Gain Positions Related To Trading Activity
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CY2021 nrg Reversal Of Acquired Gain Positions Related To Trading Activity
ReversalOfAcquiredGainPositionsRelatedToTradingActivity
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CY2020 nrg Reversal Of Acquired Gain Positions Related To Trading Activity
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CY2022 nrg Derivative Unrealized Gains On Open Positions Related To Trading Activity Net
DerivativeUnrealizedGainsOnOpenPositionsRelatedToTradingActivityNet
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CY2021 nrg Derivative Unrealized Gains On Open Positions Related To Trading Activity Net
DerivativeUnrealizedGainsOnOpenPositionsRelatedToTradingActivityNet
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CY2020 nrg Derivative Unrealized Gains On Open Positions Related To Trading Activity Net
DerivativeUnrealizedGainsOnOpenPositionsRelatedToTradingActivityNet
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CY2022 nrg Unrealized Gain Losson Derivatives Mark To Market Trading Activities
UnrealizedGainLossonDerivativesMarkToMarketTradingActivities
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CY2021 nrg Unrealized Gain Losson Derivatives Mark To Market Trading Activities
UnrealizedGainLossonDerivativesMarkToMarketTradingActivities
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CY2020 nrg Unrealized Gain Losson Derivatives Mark To Market Trading Activities
UnrealizedGainLossonDerivativesMarkToMarketTradingActivities
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CY2022 us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
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CY2021 us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
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CY2020 us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
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CY2022Q4 us-gaap Derivative Net Liability Position Aggregate Fair Value
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CY2022Q4 us-gaap Additional Collateral Aggregate Fair Value
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CY2022Q4 us-gaap Decommissioning Trust Assets Amount
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CY2022 nrg Decommissioning Fund Investments Unrealized Loss
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CY2021Q4 us-gaap Decommissioning Trust Assets Amount
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CY2022 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
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CY2021 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
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CY2020 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
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CY2022 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
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DebtSecuritiesAvailableForSaleRealizedLoss
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CY2020 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
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CY2022 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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CY2021 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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CY2020 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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CY2021Q4 us-gaap Energy Related Inventory Petroleum
EnergyRelatedInventoryPetroleum
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CY2022Q4 us-gaap Energy Related Inventory Coal
EnergyRelatedInventoryCoal
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CY2021Q4 us-gaap Energy Related Inventory Coal
EnergyRelatedInventoryCoal
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CY2022Q4 us-gaap Energy Related Inventory Natural Gas In Storage
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CY2021Q4 us-gaap Energy Related Inventory Natural Gas In Storage
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CY2022Q4 nrg Inventory Spare Parts And Finished Goods Gross
InventorySparePartsAndFinishedGoodsGross
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CY2021Q4 nrg Inventory Spare Parts And Finished Goods Gross
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CY2022Q4 us-gaap Inventory Net
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CY2021Q4 us-gaap Inventory Net
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CY2022Q4 us-gaap Public Utilities Property Plant And Equipment Plant In Service
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CY2021Q4 us-gaap Public Utilities Property Plant And Equipment Plant In Service
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CY2022Q4 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
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CY2021Q4 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
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CY2022Q4 us-gaap Public Utilities Property Plant And Equipment Net
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CY2021Q4 us-gaap Public Utilities Property Plant And Equipment Net
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CY2022 us-gaap Depreciation
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CY2021 us-gaap Depreciation
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CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
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CY2022 us-gaap Operating Lease Cost
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CY2021 us-gaap Operating Lease Cost
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CY2022 us-gaap Short Term Lease Cost
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CY2021 us-gaap Lease Cost
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OperatingLeasePayments
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FinanceLeasePrincipalPayments
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CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
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CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
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CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
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CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
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CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
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CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
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CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
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CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
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CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
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LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
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CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
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CY2022Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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CY2020Q4 us-gaap Goodwill
Goodwill
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CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
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CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
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CY2021Q4 us-gaap Goodwill
Goodwill
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CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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CY2022 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
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CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
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CY2022Q4 us-gaap Goodwill
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CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
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CY2022 nrg Finite Lived Intangible Assets Purchases
FiniteLivedIntangibleAssetsPurchases
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CY2022 us-gaap Finitelived Intangible Assets Acquired1
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FiniteLivedIntangibleAssetsUsageAndRetirements
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CY2022 nrg Finite Lived Intangible Assets Write Off Of Fully Amortized Intangible Assets
FiniteLivedIntangibleAssetsWriteOffOfFullyAmortizedIntangibleAssets
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FiniteLivedIntangibleAssetsOtherChanges
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CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
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CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
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CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
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FiniteLivedIntangibleAssetsGross
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CY2021 nrg Finite Lived Intangible Assets Purchases
FiniteLivedIntangibleAssetsPurchases
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CY2021 us-gaap Finitelived Intangible Assets Acquired1
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CY2021 nrg Finite Lived Intangible Assets Usage And Retirements
FiniteLivedIntangibleAssetsUsageAndRetirements
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CY2021 nrg Finite Lived Intangible Assets Write Off Of Fully Amortized Intangible Assets
FiniteLivedIntangibleAssetsWriteOffOfFullyAmortizedIntangibleAssets
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FiniteLivedIntangibleAssetsOtherChanges
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FiniteLivedIntangibleAssetsGross
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FiniteLivedIntangibleAssetsAccumulatedAmortization
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FiniteLivedIntangibleAssetsNet
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CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
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CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
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CY2020 us-gaap Amortization Of Intangible Assets
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CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
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CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
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CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
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CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
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CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
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CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
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CY2022 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
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CY2022 us-gaap Costs Incurred Asset Retirement Obligation Incurred
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CY2022 us-gaap Asset Retirement Obligation Liabilities Settled
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CY2022 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
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AssetRetirementObligationsOther
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CY2022Q4 us-gaap Asset Retirement Obligation
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CY2022Q4 us-gaap Long Term Debt
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CY2021Q4 us-gaap Long Term Debt
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CY2022Q4 us-gaap Finance Lease Liability
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CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
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CY2022Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
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CY2021Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
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CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
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CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
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CY2022Q4 us-gaap Deferred Finance Costs Net
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CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
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CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
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CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
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CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
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CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
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CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
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CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
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CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
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CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
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CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
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CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
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LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
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CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
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CY2022Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
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CY2021 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
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CY2022Q4 us-gaap Debt Instrument Repurchased Face Amount
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CY2022 us-gaap Repayments Of Senior Debt
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CY2021Q4 us-gaap Interest Payable Current
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CY2022Q4 nrg Number Of Defined Benefit Plans
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CY2022Q4 us-gaap Temporary Equity Shares Authorized
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CY2021Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
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CY2022 us-gaap Defined Contribution Plan Cost Recognized
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DefinedContributionPlanCostRecognized
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CY2019Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
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CY2020Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
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CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
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CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
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CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
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CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
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CY2020 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
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CY2021 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
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CY2022 us-gaap Stock Repurchased During Period Shares
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CY2022 nrg Common Stock Quarterly Dividends Per Share Cash Paid
CommonStockQuarterlyDividendsPerShareCashPaid
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CY2021 nrg Common Stock Quarterly Dividends Per Share Cash Paid
CommonStockQuarterlyDividendsPerShareCashPaid
0.325
CY2020 nrg Common Stock Quarterly Dividends Per Share Cash Paid
CommonStockQuarterlyDividendsPerShareCashPaid
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CY2022 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.40
CY2021 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
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CY2020 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
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CY2020Q1 nrg Common Stock Dividends Proposed Annual Amount Per Share
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CommonStockDividendsProposedAnnualAmountPerShare
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CommonStockDividendsProposedAnnualAmountPerShare
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CY2022 nrg Common Stock Dividends Proposed Annual Amount Per Share
CommonStockDividendsProposedAnnualAmountPerShare
1.40
CY2022 nrg Common Stock Annual Dividends Increase Decrease Percentage
CommonStockAnnualDividendsIncreaseDecreasePercentage
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CY2021 nrg Common Stock Annual Dividends Increase Decrease Percentage
CommonStockAnnualDividendsIncreaseDecreasePercentage
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CY2022 nrg Employee Stock Purchase Plan Minimum Percentageof Compensation Eligible
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CY2022 nrg Employee Stock Purchase Plan Maximum Percentage Of Compensation Eligible
EmployeeStockPurchasePlanMaximumPercentageOfCompensationEligible
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Discount From Market Price Purchase Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPricePurchaseDate
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CY2022 nrg Employee Stock Purchase Plan Exercise Price As Percentage Of Fair Value
EmployeeStockPurchasePlanExercisePriceAsPercentageOfFairValue
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CY2021Q4 nrg Common Stock Capital Shares Reserved For Employee Stock Purchase Plan
CommonStockCapitalSharesReservedForEmployeeStockPurchasePlan
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CY2022Q4 us-gaap Equity Method Investments
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CY2022Q4 us-gaap Retained Earnings Undistributed Earnings From Equity Method Investees
RetainedEarningsUndistributedEarningsFromEquityMethodInvestees
42000000 usd
CY2021Q4 us-gaap Retained Earnings Undistributed Earnings From Equity Method Investees
RetainedEarningsUndistributedEarningsFromEquityMethodInvestees
33000000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
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CY2021 us-gaap Net Income Loss
NetIncomeLoss
2187000000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
510000000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
236000000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
245000000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
245000000 shares
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CY2022Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
2000000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
1000000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
13000000 usd
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
15000000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
9000000 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
4000000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
0 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
9000000 usd
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 usd
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
15000000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
22000000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
13000000 usd
CY2022 nrg Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Right To Receive Common Stock At End Of Deferral Period Shares
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsRightToReceiveCommonStockAtEndOfDeferralPeriodShares
1 shares
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
14477 shares
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
6000000 usd
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
9000000 usd
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
27000000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
34000000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
27000000 usd
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
27000000 usd
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
37000000 usd
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
-3000000 usd
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
-2000000 usd
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
9000000 usd
CY2022 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
52000000 usd
CY2021 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
49000000 usd
CY2020 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
52000000 usd
CY2022Q4 nrg Nuclear Insurance Per Incident Coverage Limit
NuclearInsurancePerIncidentCoverageLimit
13700000000 usd
CY2022Q4 nrg Nuclear Insurance Requirement Per Site
NuclearInsuranceRequirementPerSite
450000000 usd
CY2022Q4 nrg Nuclear Insurance Financial Protection Pool Value
NuclearInsuranceFinancialProtectionPoolValue
13200000000 usd
CY2022Q4 nrg Nuclear Insurance Financial Protection Pool Maximum Assessment
NuclearInsuranceFinancialProtectionPoolMaximumAssessment
138000000 usd
CY2022Q4 nrg Nuclear Insurance Financial Protection Pool Maximum Assessment Administrative Fee As A Percent
NuclearInsuranceFinancialProtectionPoolMaximumAssessmentAdministrativeFeeAsAPercent
0.05
CY2022Q4 nrg Nuclear Insurance Financial Protection Pool Maximum Annual Assessment
NuclearInsuranceFinancialProtectionPoolMaximumAnnualAssessment
21000000 usd
CY2022Q4 nrg Forty Four Percent Maximum Assessment
FortyFourPercentMaximumAssessment
0.44
CY2022Q4 nrg Nuclear Insurance Financial Protection Pool Nuclear Operator Maximum Annual Assessment
NuclearInsuranceFinancialProtectionPoolNuclearOperatorMaximumAnnualAssessment
9000000 usd
CY2022Q4 nrg Nuclear Insurance Financial Protection Pool Nuclear Operator Total Assessment
NuclearInsuranceFinancialProtectionPoolNuclearOperatorTotalAssessment
61000000 usd
CY2022Q4 nrg Nuclear Insurance Per Incident Coverage Limit
NuclearInsurancePerIncidentCoverageLimit
13700000000 usd
CY2022Q4 nrg Mutual Property Insurance Additional Blanket Policy Property Coverage
MutualPropertyInsuranceAdditionalBlanketPolicyPropertyCoverage
1300000000 usd
CY2022Q4 nrg Mutual Property Insurance Individual Maximum Property Coverage Limit
MutualPropertyInsuranceIndividualMaximumPropertyCoverageLimit
1500000000 usd
CY2022Q4 nrg Number Of Nuclear Reactors With Shared Single Limit Nuclear Property Insurance
NumberOfNuclearReactorsWithSharedSingleLimitNuclearPropertyInsurance
2 nuclearreactor
CY2022Q4 nrg Mutual Lost Revenue Insurance Maximum Weekly Recovery
MutualLostRevenueInsuranceMaximumWeeklyRecovery
3000000 usd
CY2022Q4 nrg Additional Mutual Lost Revenue Insurance Weekly Maximum
AdditionalMutualLostRevenueInsuranceWeeklyMaximum
2000000 usd
CY2022 nrg Number Of Years Board Of Directors Of Industry Mutual Insurance Company Can Adjust Policy After Policy Expires
NumberOfYearsBoardOfDirectorsOfIndustryMutualInsuranceCompanyCanAdjustPolicyAfterPolicyExpires
P6Y
CY2022Q4 nrg Environmental Proceedings Disclosure Threshold
EnvironmentalProceedingsDisclosureThreshold
1000000 usd
CY2021Q4 nrg Number Of Facilities
NumberOfFacilities
2 facility
CY2022 us-gaap Interest Paid Net
InterestPaidNet
383000000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
433000000 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
340000000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
66000000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
32000000 usd
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
24000000 usd
CY2022 nrg Increase Decrease Capital Expenditures Incurred But Not Yet Paid
IncreaseDecreaseCapitalExpendituresIncurredButNotYetPaid
-68000000 usd
CY2021 nrg Increase Decrease Capital Expenditures Incurred But Not Yet Paid
IncreaseDecreaseCapitalExpendituresIncurredButNotYetPaid
-16000000 usd
CY2020 nrg Increase Decrease Capital Expenditures Incurred But Not Yet Paid
IncreaseDecreaseCapitalExpendituresIncurredButNotYetPaid
-6000000 usd
CY2022Q4 nrg Guarantee Maturity Less Than One Year
GuaranteeMaturityLessThanOneYear
5481000000 usd
CY2022Q4 nrg Guarantee Maturity Between One To Three Years
GuaranteeMaturityBetweenOneToThreeYears
25000000 usd
CY2022Q4 nrg Guarantee Maturity Between Three To Five Years
GuaranteeMaturityBetweenThreeToFiveYears
34000000 usd
CY2022Q4 nrg Guarantee Maturity Greater Than Five Years
GuaranteeMaturityGreaterThanFiveYears
95000000 usd
CY2022Q4 nrg Guarantee Obligations Estimated Exposure
GuaranteeObligationsEstimatedExposure
5635000000 usd
CY2021Q4 nrg Guarantee Obligations Estimated Exposure
GuaranteeObligationsEstimatedExposure
4602000000 usd

Files In Submission

Name View Source Status
nrg-20221231_cal.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
nrg-20221231_def.xml Edgar Link unprocessable
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exhibit211q42022.htm Edgar Link pending
exhibit221guarantorsubsq42.htm Edgar Link pending
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