7Baggers

Vistra Corp
(NYSE:VST) 

VST stock logo

Vistra Corp., together with its subsidiaries, engages in the electricity business in the United States. It operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. The company retails electricity and natural gas to residential, commercial, and industrial customers across ...

Founded: 2016
Full Time Employees: 5,475
Sector: Utilities
Industry: Utilities-Independent Power Producers
Utilities
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Quarterly
Annual
    Unit: USD2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 
                                         
      operating revenues
    		5,640,000,000 4,584,000,000 4,971,000,000 4,250,000,000 3,933,000,000 4,037,000,000 6,288,000,000 3,845,000,000 3,054,000,000 3,078,000,000 4,086,000,000 3,189,000,000 4,425,000,000 3,869,000,000 5,146,000,000 1,588,000,000 3,125,000,000 3,314,000,000 2,991,000,000 2,565,000,000 3,207,000,000 2,524,000,000 3,552,000,000 2,509,000,000 2,858,000,000 2,860,000,000 3,194,000,000 2,832,000,000 2,923,000,000 2,563,000,000 3,243,000,000 2,574,000,000 765,000,000 943,000,000 1,833,000,000 1,296,000,000 1,357,000,000 
      yoy
    		43.40% 13.55% -20.94% 10.53% 28.78% 31.16% 53.89% 20.57% -30.98% -20.44% -20.60% 100.82% 41.60% 16.75% 72.05% -38.09% -2.56% 31.30% -15.79% 2.23% 12.21% -11.75% 11.21% -11.41% -2.22% 11.59% -1.51% 10.02% 282.09% 171.79% 76.92% 98.61% -43.63%     
      qoq
    		23.04% -7.79% 16.96% 8.06% -2.58% -35.80% 63.54% 25.90% -0.78% -24.67% 28.13% -27.93% 14.37% -24.82% 224.06% -49.18% -5.70% 10.80% 16.61% -20.02% 27.06% -28.94% 41.57% -12.21% -0.07% -10.46% 12.78% -3.11% 14.05% -20.97% 25.99% 236.47% -18.88% -48.55% 41.44% -4.50%  
      fuel, purchased power costs, and delivery fees
    		-2,530,000,000 -2,310,000,000 -2,370,000,000 -1,974,000,000 -2,447,000,000                                 
      operating costs
    		-700,000,000 -722,000,000 -655,000,000 -733,000,000 -693,000,000 -672,000,000 -616,000,000 -628,000,000 -498,000,000 -425,000,000 -411,000,000 -445,000,000 -421,000,000 -395,000,000 -400,000,000 -435,000,000 -416,000,000 -386,000,000 -372,000,000 -429,000,000 -371,000,000 -373,000,000 -457,000,000 -412,000,000 -379,000,000 -377,000,000 -397,000,000 -370,000,000 -385,000,000 -371,000,000 -346,000,000 -386,000,000 -194,000,000 -347,000,000 -218,000,000 -195,000,000 -214,000,000 
      depreciation and amortization
    		-484,000,000 -463,000,000 -460,000,000 -541,000,000 -522,000,000 -537,000,000 -466,000,000 -437,000,000 -403,000,000 -393,000,000 -375,000,000 -369,000,000 -366,000,000 -382,000,000 -390,000,000 -394,000,000 -430,000,000 -398,000,000 -468,000,000 -464,000,000 -423,000,000 -453,000,000 -410,000,000 -455,000,000 -419,000,000 -427,000,000 -424,000,000 -384,000,000 -405,000,000 -427,000,000 -426,000,000 -389,000,000 -153,000,000 -180,000,000 -178,000,000 -172,000,000 -170,000,000 
      selling, general, and administrative expenses
    		-427,000,000 -460,000,000 -444,000,000 -419,000,000 -391,000,000                                 
      operating income
    		1,499,000,000 474,000,000 1,037,000,000 515,000,000 -120,000,000 599,000,000 2,588,000,000 808,000,000 86,000,000 102,000,000 834,000,000 591,000,000 1,131,000,000 -98,000,000 894,000,000 -1,683,000,000 -288,000,000 886,000,000 119,000,000 62,000,000 -2,583,000,000 76,000,000 676,000,000 377,000,000 391,000,000 334,000,000 440,000,000 729,000,000 490,000,000 6,000,000 650,000,000 231,000,000 -394,000,000 -460,000,000 452,000,000 53,000,000 155,000,000 
      yoy
    		-1349.17% -20.87% -59.93% -36.26% -239.53% 487.25% 210.31% 36.72% -92.40% -204.08% -6.71% -135.12% -492.71% -111.06% 651.26% -2814.52% -88.85% 1065.79% -82.40% -83.55% -760.61% -77.25% 53.64% -48.29% -20.20% 5466.67% -32.31% 215.58% -224.37% -101.30% 43.81% 335.85% -354.19%     
      qoq
    		216.24% -54.29% 101.36% -529.17% -120.03% -76.85% 220.30% 839.53% -15.69% -87.77% 41.12% -47.75% -1254.08% -110.96% -153.12% 484.38% -132.51% 644.54% 91.94% -102.40% -3498.68% -88.76% 79.31% -3.58% 17.07% -24.09% -39.64% 48.78% 8066.67% -99.08% 181.39% -158.63% -14.35% -201.77% 752.83% -65.81%  
      operating margin %
    		26.58% 10.34% 20.86% 12.12% -3.05% 14.84% 41.16% 21.01% 2.82% 3.31% 20.41% 18.53% 25.56% -2.53% 17.37% -105.98% -9.22% 26.74% 3.98% 2.42% -80.54% 3.01% 19.03% 15.03% 13.68% 11.68% 13.78% 25.74% 16.76% 0.23% 20.04% 8.97% -51.50% -48.78% 24.66% 4.09% 11.42% 
      other deductions
    		-24,000,000     -11,000,000 -3,000,000 -3,000,000 -4,000,000 -5,000,000 -3,000,000 -2,000,000 -3,000,000 14,000,000 -5,000,000 -9,000,000 -4,000,000 -3,000,000 -5,000,000 -2,000,000 -5,000,000 -7,000,000  -4,000,000 -31,000,000 -6,000,000 -4,000,000 -2,000,000 -2,000,000 -1,000,000 -1,000,000 -1,000,000 -2,000,000   -5,000,000  
      interest expense and related charges
    		-263,000,000 -271,000,000 -286,000,000 -303,000,000 -319,000,000 -157,000,000 -332,000,000 -241,000,000 -170,000,000 -290,000,000 -143,000,000 -100,000,000 -207,000,000 -182,000,000 -71,000,000 -109,000,000 -7,000,000 -96,000,000 -124,000,000 -135,000,000 -29,000,000 -89,000,000 -101,000,000 -141,000,000 -300,000,000 -77,000,000 -224,000,000 -274,000,000 -222,000,000 -281,000,000 -154,000,000 -146,000,000 9,000,000 -24,000,000 -76,000,000 -69,000,000 -24,000,000 
      net income before income taxes
    		1,212,000,000 308,000,000 856,000,000 403,000,000  451,000,000 2,392,000,000 626,000,000 -2,000,000 -146,000,000 671,000,000 599,000,000 876,000,000 -336,000,000 914,000,000                       
      income tax benefit
    		-183,000,000   -76,000,000 176,000,000    20,000,000 -38,000,000 -169,000,000 -123,000,000 -178,000,000 88,000,000 -236,000,000 407,000,000 91,000,000 -111,000,000 -31,000,000 115,000,000 485,000,000       -148,000,000 -77,000,000   74,000,000 89,000,000 -220,000,000 -251,000,000 8,000,000  
      net income attributable to vistra
    		1,029,000,000 233,000,000 652,000,000 327,000,000  441,000,000 1,888,000,000 365,000,000 -35,000,000 -184,000,000 502,000,000 476,000,000 699,000,000 -246,000,000 668,000,000 -1,365,000,000  726,000,000 7,000,000 36,000,000 -2,043,000,000 -29,000,000 443,000,000 166,000,000              
      cumulative dividends attributable to preferred stock
    		-49,000,000 -48,000,000 -48,000,000 -47,000,000 -49,000,000 -48,000,000 -48,000,000 -47,000,000 -49,000,000 -38,000,000 -37,000,000 -37,000,000 -38,000,000 -38,000,000 -37,000,000 -37,000,000 -38,000,000                     
      net income attributable to vistra common stock
    		980,000,000 185,000,000 604,000,000 280,000,000  393,000,000 1,840,000,000 318,000,000 -84,000,000 -222,000,000 465,000,000 439,000,000 661,000,000 -284,000,000 631,000,000 -1,402,000,000                      
      weighted-average shares of common stock outstanding:
    		                                     
      basic
    		337,823,560,000,000 339,124,917,000,000 338,749,454,000,000 339,401,983,000,000 339,799,989,000,000 344,788,634,000,000 342,969,916,000,000 347,046,021,000,000 348,966,197,000,000 369,771,359,000,000 366,570,040,000,000 372,956,476,000,000 383,631,369,000,000 422,447,074,000,000 413,762,896,000,000 429,193,031,000,000 451,603,354,000,000 482,214,544,000,000 482,516,965,000,000 486,022,633,000,000 484,699,267,000,000 488,668,263,000,000 488,824,580,000,000 488,680,442,000,000 487,944,564,000,000 494,146,268,000,000 490,562,179,000,000 499,778,235,000,000 502,367,299,000,000 504,954,371,000,000 533,142,189,000,000 526,332,862,000,000 428,450,384,000,000 427,761,460,000,000 427,591,426,000,000 427,587,401,000,000 427,583,339,000,000 
      diluted
    		341,856,774,000,000 345,656,067,000,000 345,035,160,000,000 345,505,188,000,000 339,799,989,000,000 352,567,060,000,000 350,203,692,000,000 354,327,393,000,000 348,966,197,000,000 375,193,110,000,000 372,149,099,000,000 376,794,258,000,000 387,553,379,000,000 422,447,074,000,000 417,482,511,000,000 429,193,031,000,000 451,603,354,000,000 482,214,544,000,000 484,494,546,000,000 487,366,226,000,000 484,699,267,000,000 491,090,468,000,000 491,025,940,000,000 490,468,735,000,000 490,638,626,000,000 499,935,490,000,000 493,670,295,000,000 507,500,383,000,000 509,139,988,000,000 504,954,371,000,000 540,972,802,000,000 533,786,824,000,000 428,450,384,000,000 427,761,460,000,000 428,312,438,000,000 427,587,401,000,000 427,800,350,000,000 
      net income per weighted-average share of common stock outstanding:
    		                                     
      basic
    		2,900,000 550,000 1,780,000 820,000  1,170,000 5,360,000 920,000 -240,000 -550,000 1,270,000 1,180,000 1,720,000 -730,000 1,530,000 -3,270,000  1,450,000 10,000 70,000 -4,210,000 -60,000 910,000 340,000 110,000 450,000 230,000 710,000 450,000 65,000 620,000 210,000 -710,000 -1,350,000 640,000 -60,000 180,000 
      diluted
    		2,870,000 540,000 1,750,000 810,000  1,140,000 5,250,000 900,000 -240,000 -550,000 1,250,000 1,170,000 1,710,000 -730,000 1,510,000 -3,270,000  1,450,000 10,000 70,000 -4,210,000 -50,000 900,000 340,000 110,000 440,000 230,000 700,000 440,000 65,000 610,000 200,000 -710,000 -1,350,000 640,000 -60,000 180,000 
      impairment of long-lived assets
    		 -155,000,000 -5,000,000 -68,000,000      -12,250,000   -49,000,000     -9,500,000  -38,000,000   -272,000,000  -84,000,000             
      other income
    		 103,000,000 105,000,000 191,000,000  20,000,000 139,000,000 62,000,000 91,000,000 83,000,000 32,000,000 124,000,000 20,000,000 29,000,000 10,000,000 71,000,000 5,000,000 32,000,000 16,000,000 36,000,000 55,000,000 15,000,000 8,000,000 5,000,000 7,000,000 11,000,000 6,000,000 13,000,000 25,000,000 22,000,000 6,000,000 7,000,000 10,000,000 8,000,000 10,000,000 9,000,000 8,000,000 
      impacts of tax receivable agreement
    		        -5,000,000 -36,000,000 -49,000,000 -14,000,000 -65,000,000 -99,000,000 86,000,000 -34,000,000 -81,000,000 22,000,000 35,000,000 -41,000,000 37,000,000 -39,000,000 58,000,000 -6,000,000 -8,000,000 -11,000,000 -62,000,000 33,000,000 3,000,000 -14,000,000 17,000,000 -64,000,000 -18,000,000 117,000,000 138,000,000 -22,000,000 -21,000,000 
      income tax expense
    		 -75,000,000 -204,000,000   -173,500,000 -555,000,000 -159,000,000              -70,750,000 -199,000,000 -68,000,000 -17,000,000 -67,500,000 -45,000,000   -7,750,000 -194,000,000      -41,000,000 
      net income
    		 233,000,000 652,000,000 327,000,000 -268,000,000 490,000,000 1,837,000,000 467,000,000 18,000,000 -184,000,000 502,000,000 476,000,000 698,000,000 -248,000,000 678,000,000 -1,357,000,000 -284,000,000 730,000,000 10,000,000 35,000,000 -2,040,000,000 -27,000,000 442,000,000 164,000,000 45,000,000 234,000,000 114,000,000 354,000,000 224,000,000 -186,000,000 331,000,000 105,000,000 -306,000,000 -579,000,000 273,000,000 -26,000,000 78,000,000 
      yoy
    		 -52.45% -64.51% -29.98% -1588.89% -366.30% 265.94% -1.89% -97.42% -25.81% -25.96% -135.08% -345.77% -133.97% 6680.00% -3977.14% -86.08% -2803.70% -97.74% -78.66% -4633.33% -111.54% 287.72% -53.67% -79.91% -225.81% -65.56% 237.14% -173.20% -67.88% 21.25% -503.85% -492.31%     
      qoq
    		 -64.26% 99.39% -222.01% -154.69% -73.33% 293.36% 2494.44% -109.78% -136.65% 5.46% -31.81% -381.45% -136.58% -149.96% 377.82% -138.90% 7200.00% -71.43% -101.72% 7455.56% -106.11% 169.51% 264.44% -80.77% 105.26% -67.80% 58.04% -220.43% -156.19% 215.24% -134.31% -47.15% -312.09% -1150.00% -133.33%  
      net income margin %
    		0% 5.08% 13.12% 7.69% -6.81% 12.14% 29.21% 12.15% 0.59% -5.98% 12.29% 14.93% 15.77% -6.41% 13.18% -85.45% -9.09% 22.03% 0.33% 1.36% -63.61% -1.07% 12.44% 6.54% 1.57% 8.18% 3.57% 12.50% 7.66% -7.26% 10.21% 4.08% -40.00% -61.40% 14.89% -2.01% 5.75% 
      net loss attributable to noncontrolling interest
    		     -26,000,000 51,000,000 -102,000,000 -53,000,000    1,000,000   -8,000,000  -4,000,000 -3,000,000 1,000,000 -3,000,000   2,000,000 11,000,000             
      net income attributable to noncontrolling interest
    		             -4,750,000 -10,000,000  -1,000,000           2,000,000          
      other income (deductions)
    		    -5,000,000                                 
      net loss before income taxes
    		    -444,000,000           -1,764,000,000                      
      net loss attributable to vistra
    		    -268,000,000            -285,000,000                     
      net loss attributable to vistra common stock
    		    -317,000,000            -323,000,000                     
      net loss per weighted-average share of common stock outstanding:
    		                                     
      basic
    		    -930,000            -720,000                     
      diluted
    		    -930,000            -720,000                     
      fuel, purchased power costs and delivery fees
    		     -1,380,000,000 -2,207,000,000 -1,597,000,000 -1,716,000,000 -1,803,000,000 -2,109,000,000 -1,475,000,000 -2,170,000,000 -2,821,000,000 -3,139,000,000 -2,162,000,000 -2,279,000,000 -1,342,000,000 -1,763,000,000 -1,320,000,000 -4,745,000,000 -1,342,000,000 -1,469,000,000 -1,029,000,000 -1,333,000,000 -1,455,000,000 -1,687,000,000 -1,139,000,000 -1,461,000,000 -1,544,000,000 -1,627,000,000 -1,216,000,000 -650,000,000 -685,000,000 -838,000,000 -729,000,000 -683,000,000 
      selling, general and administrative expenses
    		     -284,250,000 -411,000,000 -375,000,000 -351,000,000 -355,000,000 -357,000,000 -309,000,000 -288,000,000 -295,000,000 -323,000,000 -280,000,000 -288,000,000 -269,000,000 -269,000,000 -252,000,000 -251,000,000 -280,000,000 -268,000,000 -236,000,000 -252,000,000 -267,000,000 -246,000,000 -210,000,000 -182,000,000 -215,000,000 -194,000,000 -352,000,000 -162,000,000 -166,000,000 -147,000,000 -147,000,000 -135,000,000 
      income before income taxes
    		                -375,000,000 841,000,000 41,000,000 -80,000,000 -2,525,000,000 -44,000,000 641,000,000 232,000,000 62,000,000 254,000,000 159,000,000 502,000,000 301,000,000 -262,000,000 525,000,000 31,000,000 -395,000,000 -359,000,000 524,000,000 -34,000,000 119,000,000 
      equity in earnings of unconsolidated investment
    		                       1,000,000 3,000,000 3,000,000 3,000,000 3,000,000 7,000,000 6,000,000 7,000,000 4,000,000      
      net (income) loss attributable to noncontrolling interest
    		                     3,500,000 1,000,000   500,000 -1,000,000           
      net income attributable to vistra energy
    		                        56,000,000 234,000,000 113,000,000 356,000,000 225,000,000 33,000,000 330,000,000 108,000,000      
      less: net loss attributable to noncontrolling interest
    		                            1,000,000   -3,000,000      
      less: net (income) loss attributable to noncontrolling interest
    		                             -500,000 1,000,000       
      net gain from commodity hedging and trading activities
    		                                     
      reorganization items
    		                                     
      net loss from commodity hedging and trading activities
    		                                     
      interest income
    		                                    1,000,000 
    Balance Sheets:
    Quarterly
    Annual
      Unit: USD2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 
                                          
        assets
      		                                    
        current assets:
      		                                    
        cash and cash equivalents
      		785,000,000 602,000,000 458,000,000 561,000,000 1,188,000,000 905,000,000 1,624,000,000 1,070,000,000 3,485,000,000 3,170,000,000 643,000,000 518,000,000 54,000,000 535,000,000 1,871,000,000 1,022,000,000 668,000,000 351,000,000 444,000,000 561,000,000 73,000,000 500,000,000 382,000,000 717,000,000  707,000,000 964,000,000 546,000,000 811,000,000 757,000,000 1,379,000,000  1,054,000,000 986,000,000 916,000,000  
        restricted cash
      		31,000,000 30,000,000 31,000,000 29,000,000 28,000,000 29,000,000 23,000,000 32,000,000 40,000,000 40,000,000 40,000,000 23,000,000  23,000,000 25,000,000 23,000,000  22,000,000 23,000,000 22,000,000  28,000,000 27,000,000 50,000,000  46,000,000 42,000,000 42,000,000 59,000,000 59,000,000 59,000,000  61,000,000 64,000,000 94,000,000  
        trade accounts receivable — net
      		2,323,000,000 2,327,000,000 2,229,000,000 1,924,000,000 1,982,000,000 2,179,000,000 2,094,000,000 1,729,000,000 1,674,000,000 2,017,000,000 1,681,000,000 1,464,000,000 11,000,000 1,854,000,000 1,790,000,000 1,275,000,000 8,000,000 1,529,000,000 1,352,000,000 1,316,000,000 7,000,000 1,372,000,000 1,272,000,000 1,097,000,000  1,419,000,000 1,101,000,000 1,000,000,000 1,243,000,000 1,149,000,000 463,000,000  717,000,000 651,000,000 482,000,000  
        inventories — net
      		                                    
        materials and supplies
      		599,000,000                                    
        fuel stock and natural gas in storage
      		417,000,000                                    
        commodity and other derivative contractual assets
      		2,793,000,000 2,634,000,000 2,950,000,000 3,335,000,000 2,587,000,000 2,854,000,000 3,332,000,000 3,557,000,000 3,645,000,000 3,108,000,000 3,991,000,000 4,589,000,000  6,786,000,000 7,457,000,000 6,004,000,000  4,187,000,000 1,687,000,000 710,000,000  883,000,000 1,350,000,000 1,685,000,000  999,000,000 1,418,000,000 702,000,000 458,000,000 598,000,000 404,000,000  182,000,000 207,000,000 231,000,000  
        margin deposits related to commodity contracts
      		1,133,000,000 721,000,000 728,000,000 579,000,000 406,000,000 519,000,000 930,000,000 1,186,000,000 1,244,000,000 877,000,000 1,130,000,000 1,919,000,000  3,066,000,000 3,160,000,000 1,237,000,000  1,048,000,000 507,000,000 398,000,000  155,000,000 161,000,000 137,000,000  236,000,000 253,000,000 331,000,000 177,000,000 200,000,000 93,000,000  3,000,000 26,000,000 75,000,000  
        margin deposits posted under affiliate financing agreement
      		444,000,000 450,000,000 445,000,000 446,000,000 435,000,000 451,000,000 432,000,000 443,000,000 439,000,000 435,000,000 443,000,000                          
        prepaid expense and other current assets
      		654,000,000 647,000,000 678,000,000 596,000,000 515,000,000 625,000,000 411,000,000 439,000,000 364,000,000 355,000,000 281,000,000 346,000,000 1,000,000 291,000,000 231,000,000 241,000,000 1,000,000 231,000,000 250,000,000 214,000,000 5,000,000 311,000,000 304,000,000 359,000,000  291,000,000 285,000,000 270,000,000 123,000,000 135,000,000 75,000,000  128,000,000 153,000,000   
        total current assets
      		9,179,000,000 8,381,000,000 8,484,000,000 8,430,000,000 8,119,000,000 8,531,000,000 9,826,000,000 9,433,000,000 11,637,000,000 10,699,000,000 8,911,000,000 9,512,000,000 93,000,000 13,145,000,000 15,153,000,000 10,913,000,000 692,000,000 7,846,000,000 4,749,000,000 3,688,000,000 85,000,000 3,757,000,000 4,037,000,000 4,559,000,000  4,128,000,000 4,539,000,000 3,324,000,000 3,276,000,000 3,374,000,000 2,699,000,000  2,440,000,000 2,397,000,000 2,185,000,000  
        investments
      		5,091,000,000 5,008,000,000 4,752,000,000 4,476,000,000 4,512,000,000 4,520,000,000 4,310,000,000 4,219,000,000 2,035,000,000 1,857,000,000 1,915,000,000 1,832,000,000  1,637,000,000 1,715,000,000 1,952,000,000  1,915,000,000 1,912,000,000 1,803,000,000  1,632,000,000 1,552,000,000 1,374,000,000  1,451,000,000 1,422,000,000 1,369,000,000 1,357,000,000 1,290,000,000 1,232,000,000  1,183,000,000 1,143,000,000 1,113,000,000  
        property, plant, and equipment — net
      		19,846,000,000    18,173,000,000                                
        goodwill
      		2,810,000,000 2,810,000,000 2,810,000,000 2,810,000,000 2,807,000,000 2,802,000,000 2,922,000,000 2,877,000,000 2,583,000,000 2,583,000,000 2,583,000,000 2,583,000,000  2,583,000,000 2,583,000,000 2,583,000,000  2,583,000,000 2,583,000,000 2,583,000,000  2,583,000,000 2,568,000,000 2,608,000,000  2,287,000,000 2,082,000,000 2,082,000,000 1,907,000,000 1,907,000,000 1,907,000,000  1,907,000,000 1,907,000,000 1,907,000,000  
        identifiable intangible assets — net
      		2,435,000,000 2,097,000,000 2,252,000,000 2,321,000,000 2,213,000,000 2,157,000,000 2,263,000,000 2,278,000,000 1,864,000,000 1,883,000,000 1,912,000,000 1,940,000,000 15,000,000 2,002,000,000 2,042,000,000 2,158,000,000 31,000,000 2,229,000,000 2,290,000,000 2,329,000,000 47,000,000 2,464,000,000 2,532,000,000 2,578,000,000  2,595,000,000 2,383,000,000 2,400,000,000 2,711,000,000 2,698,000,000 2,437,000,000  2,849,000,000 2,936,000,000 3,069,000,000  
        accumulated deferred income taxes
      		239,000,000 9,000,000 9,000,000 9,000,000 9,000,000    1,223,000,000 1,239,000,000 1,385,000,000 1,475,000,000 1,019,000,000 1,653,000,000 1,818,000,000 1,400,000,000 1,016,000,000 1,421,000,000 1,464,000,000 1,361,000,000 783,000,000 805,000,000 994,000,000 1,058,000,000  1,155,000,000 1,144,000,000 1,291,000,000 1,053,000,000 1,260,000,000 793,000,000  913,000,000 1,093,000,000 1,080,000,000  
        other noncurrent assets
      		1,539,000,000 1,380,000,000 1,504,000,000 1,691,000,000 1,191,000,000 479,000,000 589,000,000 578,000,000 551,000,000 527,000,000 495,000,000 319,000,000  494,000,000 398,000,000 344,000,000 1,000,000 335,000,000 300,000,000 322,000,000 2,000,000 306,000,000 398,000,000 330,000,000  398,000,000 405,000,000 356,000,000 428,000,000 581,000,000 189,000,000  183,000,000 225,000,000 206,000,000  
        total assets
      		41,550,000,000 38,020,000,000 38,146,000,000 38,228,000,000 37,770,000,000 37,878,000,000 39,125,000,000 38,178,000,000 32,966,000,000 31,945,000,000 30,472,000,000 31,117,000,000 5,592,000,000 35,175,000,000 37,468,000,000 32,833,000,000 8,900,000,000 29,932,000,000 27,015,000,000 25,886,000,000 8,925,000,000 25,499,000,000 26,307,000,000 26,669,000,000  26,443,000,000 26,520,000,000 25,568,000,000 25,888,000,000 26,470,000,000 14,776,000,000  15,000,000,000 14,784,000,000 14,715,000,000  
        liabilities and equity
      		                                    
        current liabilities:
      		                                    
        short-term borrowings
      		1,800,000,000  861,000,000     500,000,000       1,300,000,000     1,300,000,000   550,000,000 700,000,000             
        accounts receivable financing
      		1,225,000,000 1,225,000,000 1,125,000,000 1,082,000,000 750,000,000 750,000,000 750,000,000 875,000,000    600,000,000  625,000,000 725,000,000 500,000,000  475,000,000 661,000,000 725,000,000                 
        long-term debt due currently
      		1,201,000,000 231,000,000 230,000,000 882,000,000 880,000,000 785,000,000 1,939,000,000 54,000,000 2,286,000,000 1,935,000,000 437,000,000 38,000,000  38,000,000 41,000,000 124,000,000  382,000,000 511,000,000 480,000,000  127,000,000 337,000,000 169,000,000  220,000,000 161,000,000 204,000,000 181,000,000 156,000,000 44,000,000  44,000,000 44,000,000 45,000,000  
        forward repurchase obligation due currently
      		632,000,000 701,000,000 682,000,000 723,000,000 703,000,000                                
        trade accounts payable
      		1,644,000,000 1,362,000,000 1,276,000,000 1,328,000,000 1,510,000,000 1,291,000,000 1,317,000,000 1,100,000,000 1,147,000,000 1,124,000,000 1,076,000,000 1,005,000,000 3,000,000 1,398,000,000 1,472,000,000 1,284,000,000 114,000,000 1,172,000,000 1,078,000,000 1,129,000,000 2,000,000 897,000,000 879,000,000 804,000,000  916,000,000 782,000,000 787,000,000 812,000,000 795,000,000 421,000,000  487,000,000 474,000,000 402,000,000  
        commodity and other derivative contractual liabilities
      		4,049,000,000 3,610,000,000 4,086,000,000 4,646,000,000 3,351,000,000 3,563,000,000 4,930,000,000 5,214,000,000 5,258,000,000 4,560,000,000 5,076,000,000 5,646,000,000  8,796,000,000 9,934,000,000 6,835,000,000  4,948,000,000 2,044,000,000 868,000,000  858,000,000 1,546,000,000 1,753,000,000  1,364,000,000 1,514,000,000 1,215,000,000 981,000,000 883,000,000 595,000,000  72,000,000 118,000,000 124,000,000  
        accrued taxes other than income
      		224,000,000 180,000,000 143,000,000 101,000,000 209,000,000 199,000,000 182,000,000 118,000,000 203,000,000 161,000,000 145,000,000 107,000,000  154,000,000 145,000,000 109,000,000  163,000,000 143,000,000 99,000,000  171,000,000 133,000,000 86,000,000  152,000,000 115,000,000 78,000,000 139,000,000 143,000,000 59,000,000  105,000,000 79,000,000 52,000,000  
        accrued interest
      		188,000,000 225,000,000 188,000,000 244,000,000 193,000,000 222,000,000 215,000,000 208,000,000 206,000,000 113,000,000 156,000,000 113,000,000  112,000,000 156,000,000 81,000,000  76,000,000 138,000,000 55,000,000  53,000,000 144,000,000 73,000,000 80,000,000 88,000,000 82,000,000 91,000,000 123,000,000 108,000,000 3,000,000 -10,000,000 6,000,000 5,000,000 3,000,000 32,000,000 
        asset retirement obligations
      		181,000,000 202,000,000 146,000,000 136,000,000 142,000,000 102,000,000 106,000,000 119,000,000 124,000,000 123,000,000 119,000,000 139,000,000  121,000,000 112,000,000 104,000,000  110,000,000 103,000,000 99,000,000  115,000,000 138,000,000 151,000,000  167,000,000 232,000,000 194,000,000 183,000,000 171,000,000 126,000,000  1,666,000,000 1,689,000,000 1,673,000,000  
        other current liabilities
      		663,000,000 687,000,000 694,000,000 606,000,000 645,000,000 560,000,000 443,000,000 461,000,000 547,000,000 674,000,000 563,000,000 458,000,000 9,000,000 616,000,000 565,000,000 600,000,000 3,000,000 534,000,000 487,000,000 554,000,000 4,000,000 516,000,000 418,000,000 371,000,000  370,000,000 308,000,000 258,000,000 329,000,000 387,000,000 248,000,000  336,000,000 283,000,000 310,000,000  
        total current liabilities
      		11,814,000,000 8,426,000,000 9,434,000,000 9,753,000,000 8,432,000,000 7,660,000,000 10,057,000,000 8,775,000,000 9,823,000,000 8,748,000,000 7,626,000,000 8,162,000,000 133,000,000 11,911,000,000 14,499,000,000 9,865,000,000 189,000,000 7,922,000,000 5,223,000,000 5,406,000,000 94,000,000 3,383,000,000 4,631,000,000 4,604,000,000  3,915,000,000 3,657,000,000 3,238,000,000 3,102,000,000 2,646,000,000 1,557,000,000  1,119,000,000 1,008,000,000 981,000,000  
        margin deposits financing with affiliate
      		444,000,000 450,000,000 445,000,000 446,000,000 435,000,000 451,000,000 432,000,000 443,000,000 439,000,000                            
        long-term debt, less amounts due currently
      		15,842,000,000 15,757,000,000 15,540,000,000 15,423,000,000 15,418,000,000 13,945,000,000 13,947,000,000 14,693,000,000 12,116,000,000 11,758,000,000 11,530,000,000 11,930,000,000  11,947,000,000 11,949,000,000 10,473,000,000  10,493,000,000 10,484,000,000 9,312,000,000  9,253,000,000 9,261,000,000 9,969,000,000  10,728,000,000 11,193,000,000 10,803,000,000 11,060,000,000 11,807,000,000 4,366,000,000  4,540,000,000 4,531,000,000 4,541,000,000  
        forward repurchase obligation, less amounts due currently
      		 613,000,000 613,000,000 632,000,000 632,000,000                                
        other noncurrent liabilities and deferred credits
      		1,527,000,000 1,454,000,000 1,326,000,000 1,228,000,000 1,256,000,000 1,191,000,000 1,112,000,000 1,096,000,000 951,000,000 867,000,000 970,000,000 1,083,000,000  1,117,000,000 1,083,000,000 1,226,000,000  1,814,000,000 1,867,000,000 1,848,000,000  1,095,000,000 951,000,000 888,000,000  538,000,000 464,000,000 355,000,000 346,000,000 345,000,000 239,000,000  232,000,000 235,000,000 234,000,000  
        total liabilities
      		36,440,000,000 32,797,000,000 33,310,000,000 33,390,000,000 32,187,000,000 29,225,000,000 31,818,000,000 30,894,000,000 27,644,000,000 26,424,000,000 25,098,000,000 25,901,000,000 674,000,000 29,574,000,000 32,065,000,000 25,531,000,000 608,000,000 23,901,000,000 20,947,000,000 19,793,000,000 564,000,000 17,068,000,000 18,263,000,000 18,743,000,000  18,651,000,000 18,616,000,000 17,762,000,000 17,483,000,000 18,050,000,000 8,716,000,000  8,065,000,000 8,126,000,000 8,035,000,000  
        vistra corp.consolidated balance sheets
      		                                    
        commitments and contingencies
      		                                    
        total equity:
      		                                    
        preferred stock
      		2,476,000,000 2,476,000,000 2,476,000,000 2,476,000,000 2,476,000,000                                
        common stock
      		5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000  5,000,000 5,000,000 5,000,000  5,000,000 5,000,000 5,000,000  5,000,000 5,000,000 5,000,000  5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 4,000,000  4,000,000 4,000,000 4,000,000  
        treasury stock
      		-6,925,000,000 -6,675,000,000 -6,485,000,000 -6,248,000,000 -5,912,000,000 -5,684,000,000 -5,278,000,000 -4,947,000,000 -4,662,000,000 -4,278,000,000 -3,955,000,000 -3,706,000,000  -3,052,000,000 -2,645,000,000 -2,170,000,000  -1,148,000,000 -1,148,000,000 -1,148,000,000  -973,000,000 -973,000,000 -973,000,000  -951,000,000           
        additional paid-in-capital
      		9,536,000,000 9,491,000,000 9,450,000,000 9,407,000,000 9,435,000,000 9,396,000,000 10,917,000,000 10,878,000,000 10,095,000,000 10,075,000,000 9,993,000,000 9,952,000,000  9,923,000,000 9,890,000,000 9,844,000,000  9,829,000,000 9,816,000,000 9,805,000,000  9,771,000,000 9,754,000,000 9,737,000,000  9,708,000,000 8,909,000,000 9,105,000,000 9,670,000,000 10,015,000,000 7,772,000,000  7,755,000,000 7,750,000,000 7,746,000,000  
        accumulated deficit
      		-12,000,000 -107,000,000 -642,000,000 -835,000,000 -454,000,000                                
        accumulated other comprehensive income
      		17,000,000 20,000,000 19,000,000 20,000,000 20,000,000 7,000,000 6,000,000 6,000,000 6,000,000 10,000,000 12,000,000               -34,000,000 -21,000,000 -21,000,000 -15,000,000 -16,000,000 -16,000,000  6,000,000 6,000,000 6,000,000  
        stockholders' equity
      		5,097,000,000 5,210,000,000 4,823,000,000 4,825,000,000 5,570,000,000 5,441,000,000 5,593,000,000 5,656,000,000 5,307,000,000 5,506,000,000 5,359,000,000 5,201,000,000  5,582,000,000 5,392,000,000 7,300,000,000  6,036,000,000 6,076,000,000 6,100,000,000  8,444,000,000 8,056,000,000 7,936,000,000  7,792,000,000 7,904,000,000 7,804,000,000 8,399,000,000 8,413,000,000       
        noncontrolling interest in subsidiary
      		13,000,000 13,000,000 13,000,000 13,000,000 13,000,000 14,000,000 1,714,000,000 1,628,000,000 15,000,000 15,000,000 15,000,000 15,000,000  19,000,000 11,000,000 2,000,000  -5,000,000 -8,000,000 -7,000,000  -13,000,000 -12,000,000 -10,000,000    2,000,000 6,000,000 7,000,000       
        total equity
      		5,110,000,000 5,223,000,000 4,836,000,000 4,838,000,000 5,583,000,000 5,455,000,000 7,307,000,000 7,284,000,000 5,322,000,000 5,521,000,000 5,374,000,000 5,216,000,000  5,601,000,000 5,403,000,000 7,302,000,000  6,031,000,000 6,068,000,000 6,093,000,000  8,431,000,000 8,044,000,000 7,926,000,000  7,792,000,000 7,904,000,000 7,806,000,000 8,405,000,000 8,420,000,000 6,060,000,000  6,935,000,000 6,658,000,000 6,680,000,000  
        total liabilities and equity
      		41,550,000,000 38,020,000,000 38,146,000,000 38,228,000,000 37,770,000,000  39,125,000,000 38,178,000,000 32,966,000,000 31,945,000,000 30,472,000,000 31,117,000,000 5,592,000,000 35,175,000,000 37,468,000,000 32,833,000,000 8,900,000,000 29,932,000,000 27,015,000,000 25,886,000,000 8,925,000,000 25,499,000,000 26,307,000,000 26,669,000,000  26,443,000,000 26,520,000,000 25,568,000,000 25,888,000,000 26,470,000,000 14,776,000,000  15,000,000,000 14,784,000,000 14,715,000,000  
        inventories
      		 970,000,000 965,000,000 960,000,000 970,000,000 949,000,000 964,000,000 976,000,000 740,000,000 685,000,000 676,000,000 629,000,000  590,000,000 601,000,000 546,000,000  471,000,000 486,000,000 467,000,000  508,000,000 541,000,000 514,000,000 -44,000,000 430,000,000 476,000,000 433,000,000 393,000,000 465,000,000 226,000,000 22,000,000 295,000,000 310,000,000 315,000,000 3,000,000 
        property, plant and equipment — net
      		 17,725,000,000 17,736,000,000 17,716,000,000  18,388,000,000 18,208,000,000 18,014,000,000 12,432,000,000 12,346,000,000 12,537,000,000 12,611,000,000 3,000,000 12,550,000,000 12,784,000,000 12,887,000,000 3,000,000 13,100,000,000 13,327,000,000 13,392,000,000 3,000,000 13,564,000,000 13,881,000,000 13,818,000,000  14,075,000,000 14,260,000,000 14,448,000,000 14,756,000,000 14,981,000,000 4,850,000,000  4,746,000,000 4,392,000,000 4,415,000,000  
        vistra corp. condensed consolidated balance sheets
      		                                    
        vistra corp.condensed consolidated balance sheets
      		                                    
        income taxes receivable
      		    8,000,000 20,000,000 16,000,000 1,000,000 6,000,000 12,000,000 26,000,000 24,000,000 27,000,000  18,000,000 21,000,000 15,000,000 7,000,000           12,000,000 11,000,000       
        tax receivable agreement obligation
      		    14,000,000 15,000,000 15,000,000 15,000,000 164,000,000 640,000,000 591,000,000 578,000,000  423,000,000 509,000,000 475,000,000  416,000,000 451,000,000 410,000,000  411,000,000 468,000,000 463,000,000  443,000,000 384,000,000 417,000,000 402,000,000 414,000,000 351,000,000  476,000,000 622,000,000 601,000,000  
        operating lease right-of-use assets
      		     109,000,000 71,000,000 62,000,000 50,000,000 53,000,000 54,000,000 50,000,000  39,000,000 40,000,000 39,000,000  35,000,000 42,000,000 43,000,000  45,000,000 44,000,000 47,000,000  50,000,000 34,000,000 68,000,000         
        operating lease liabilities
      		     13,000,000 11,000,000 11,000,000 7,000,000 8,000,000 8,000,000 8,000,000  8,000,000 6,000,000 5,000,000  5,000,000 7,000,000 8,000,000  10,000,000 11,000,000 10,000,000  12,000,000 13,000,000 16,000,000         
        redeemable noncontrolling interest
      		     3,198,000,000                               
        preferred stock, number of shares authorized — 100,000,000; series a
      		     2,476,000,000 2,476,000,000 2,476,000,000 2,476,000,000 2,000,000,000 2,000,000,000 2,000,000,000  2,000,000,000 2,000,000,000 2,000,000,000                     
        retained deficit
      		     -759,000,000 -2,533,000,000 -2,762,000,000 -2,613,000,000 -2,306,000,000 -2,696,000,000 -3,058,000,000  -3,284,000,000 -3,842,000,000 -2,363,000,000  -2,619,000,000 -2,552,000,000 -2,516,000,000  -303,000,000 -678,000,000 -780,000,000  -936,000,000 -989,000,000 -1,285,000,000 -1,261,000,000 -1,591,000,000 -1,700,000,000  -830,000,000 -1,102,000,000 -1,076,000,000  
        total liabilities, redeemable noncontrolling interest and equity
      		     37,878,000,000                               
        vistra corp. consolidated balance sheets
      		                                    
        margin deposit financing with affiliate
      		         435,000,000 443,000,000                          
        accumulated other comprehensive loss
      		           8,000,000  -10,000,000 -16,000,000 -16,000,000  -31,000,000 -45,000,000 -46,000,000  -56,000,000 -52,000,000 -53,000,000             
        investment in affiliated companies
      		            4,462,000,000    7,157,000,000    8,005,000,000                
        accounts payable —affiliates
      		            122,000,000    72,000,000    74,000,000                
        accrued taxes
      		            -1,000,000        14,000,000    -4,000,000      58,000,000  55,000,000 4,000,000 29,000,000 12,000,000 
        tax receivable agreement obligations
      		            514,000,000    394,000,000    447,000,000                
        other noncurrent liabilities and deferred debits
      		            27,000,000    25,000,000    23,000,000                
        total stockholders' equity
      		            4,918,000,000    8,292,000,000    8,361,000,000                
        uplift securitization proceeds receivable from ercot
      		               544,000,000                     
        accrued income taxes
      		             6,000,000     8,000,000 49,000,000   10,000,000 6,000,000  18,000,000 12,000,000 37,000,000         
        investment in unconsolidated subsidiary
      		                         123,000,000 127,000,000 133,000,000 135,000,000 135,000,000       
        accounts receivable securitization program
      		                     625,000,000 450,000,000 450,000,000  600,000,000 430,000,000 350,000,000 350,000,000        
        vistra energy corp. condensed consolidated balance sheets
      		                                    
        cash flows — operating activities:
      		                                    
        net income
      		                        926,000,000       -254,000,000    -163,000,000 
        adjustments to reconcile net income to cash from operating activities:
      		                                    
        depreciation and amortization
      		                        1,876,000,000       835,000,000    285,000,000 
        deferred income tax benefit
      		                        281,000,000       418,000,000    -76,000,000 
        unrealized net (gain) income from mark-to-market valuations of commodities
      		                        -696,000,000           165,000,000 
        unrealized net (gain) income from mark-to-market valuations of interest rate swaps
      		                        220,000,000           11,000,000 
        impairment of long-lived assets
      		                               25,000,000     
        impacts of tax receivable agreement
      		                        37,000,000       -213,000,000    22,000,000 
        change in asset retirement obligation liability
      		                        -48,000,000            
        asset retirement obligation accretion expense
      		                        53,000,000           6,000,000 
        bad debt expense
      		                        82,000,000            
        stock-based compensation
      		                        47,000,000            
        other
      		                        -12,000,000       69,000,000    1,000,000 
        changes in operating assets and liabilities:
      		                                    
        accounts receivable — trade
      		                        -88,000,000       7,000,000    135,000,000 
        accounts payable — trade
      		                        -221,000,000       -30,000,000    -79,000,000 
        commodity and other derivative contractual assets and liabilities
      		                        98,000,000       -1,000,000    -48,000,000 
        margin deposits
      		                        170,000,000       146,000,000    -193,000,000 
        accrued employee incentive
      		                        1,000,000           24,000,000 
        alcoa contract settlement
      		                               238,000,000     
        tax receivable agreement payment
      		                        -2,000,000       -26,000,000     
        aro settlement
      		                        -121,000,000            
        major plant outage deferral
      		                        -19,000,000       -66,000,000     
        other — net assets
      		                        -22,000,000       4,000,000    -2,000,000 
        other — net liabilities
      		                        142,000,000       -66,000,000    -54,000,000 
        cash from operating activities
      		                        2,736,000,000       1,386,000,000    81,000,000 
        cash flows — investing activities:
      		                                    
        capital expenditures, including ltsa prepayments
      		                        -520,000,000           -48,000,000 
        nuclear fuel purchases
      		                        -89,000,000       -62,000,000    -41,000,000 
        development and growth expenditures
      		                        -104,000,000            
        ambit acquisition
      		                        -506,000,000            
        crius acquisition
      		                        -374,000,000            
        cash acquired in the merger
      		                                    
        odessa acquisition
      		                               -355,000,000     
        proceeds from sales of nuclear decommissioning trust fund securities
      		                        431,000,000       252,000,000    25,000,000 
        investments in nuclear decommissioning trust fund securities
      		                        -453,000,000       -272,000,000    -30,000,000 
        proceeds from sales of environmental allowances
      		                        197,000,000            
        vistra energy corp. consolidated statements of cash flows
      		                                    
        purchases of environmental allowances
      		                        -322,000,000            
        cash from investing activities
      		                        -1,717,000,000       -541,000,000    -93,000,000 
        cash flows — financing activities:
      		                                    
        issuances of long-term debt
      		                        6,507,000,000            
        repayments/repurchases of debt
      		                        -7,109,000,000       -191,000,000     
        net borrowings under accounts receivable securitization program
      		                        111,000,000            
        borrowings under revolving credit facility
      		                        650,000,000            
        repayments under revolving credit facility
      		                        -300,000,000            
        debt tender offer and other debt financing fees
      		                        -203,000,000            
        stock repurchase
      		                        -656,000,000            
        dividends paid to stockholders
      		                        -243,000,000            
        cash from financing activities
      		                        -1,237,000,000       -201,000,000    6,000,000 
        net change in cash, cash equivalents and restricted cash
      		                        -218,000,000           -6,000,000 
        cash, cash equivalents and restricted cash — beginning balance
      		                        693,000,000           1,594,000,000 
        cash, cash equivalents and restricted cash — ending balance
      		                        475,000,000           1,588,000,000 
        identifiable intangible liabilities — net
      		                         381,000,000 331,000,000 360,000,000 175,000,000 187,000,000       
        vistra energy corp.condensed consolidated balance sheets
      		                                    
        unrealized net (gain) income from mark-to-market valuations of derivatives
      		                               116,000,000     
        gain on extinguishment of liabilities subject to compromise
      		                                    
        net income from adopting fresh start reporting
      		                                    
        contract claims adjustments of predecessor
      		                                    
        noncash adjustment for estimated allowed claims related to debt
      		                                    
        adjustment to intercompany claims pursuant to settlement agreement
      		                                    
        impairment of goodwill
      		                                    
        write-off of intangible and other assets
      		                                    
        increase in asset retirement obligation liability
      		                               112,000,000     
        accretion expense
      		                               60,000,000     
        affiliate accounts receivable/payable — net
      		                                    
        vistra energy corp.condensed statements of consolidated cash flows
      		                                    
        incremental term loan b facility
      		                                   1,000,000,000 
        special dividend
      		                                   -992,000,000 
        net proceeds from issuance of preferred stock
      		                                    
        payments to extinguish claims of tceh first lien creditors
      		                                    
        payment to extinguish claims of tceh unsecured creditors
      		                                    
        borrowings under tceh dip roll facilities and dip facility
      		                                    
        tceh dip roll facilities and dip facility financing fees
      		                                    
        capital expenditures
      		                               -114,000,000     
        solar development expenditures
      		                               -190,000,000     
        lamar and forney acquisition — net of cash acquired
      		                                    
        changes in restricted cash
      		                               186,000,000     
        notes/advances due from affiliates
      		                                    
        net change in cash and cash equivalents
      		                               644,000,000     
        cash and cash equivalents — beginning balance
      		                               843,000,000     
        cash and cash equivalents — ending balance
      		                               1,487,000,000     
        other current assets
      		                                  72,000,000  
        debt tender offer and other debt financing fee
      		                                    
        vistra energy corp.statements of consolidated cash flows
      		                                    
        successor
      		                                    
      Cashflow Statements:
      Quarterly
      Annual
        Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 
                                           
          cash flows — operating activities:
        		                                   
          net income
        		652,000,000 327,000,000 -268,000,000 490,000,000 1,837,000,000 467,000,000 18,000,000 -184,000,000 502,000,000 476,000,000 698,000,000 -248,000,000 679,000,000 -1,357,000,000 -284,000,000 730,000,000 10,000,000 36,000,000 -2,040,000,000 -27,000,000 442,000,000 164,000,000 45,000,000 234,000,000 114,000,000 354,000,000 224,000,000 -186,000,000 331,000,000 105,000,000 -306,000,000 -579,000,000 273,000,000 -26,000,000 78,000,000 
          adjustments to reconcile net income to cash from operating activities:
        		                                   
          depreciation and amortization
        		691,000,000 762,000,000 772,000,000 740,000,000 714,000,000 622,000,000 555,000,000 514,000,000 501,000,000 464,000,000 477,000,000 472,000,000 521,000,000 512,000,000 542,000,000 499,000,000 582,000,000 458,000,000 511,000,000 536,000,000 490,000,000 533,000,000 489,000,000 482,000,000 508,000,000 425,000,000 461,000,000 463,000,000 451,000,000 439,000,000 180,000,000 214,000,000 184,000,000 211,000,000 226,000,000 
          deferred income tax benefit
        		196,000,000 57,000,000 -185,000,000    -23,000,000 20,000,000 147,000,000 109,000,000 181,000,000 -61,000,000 203,000,000 -417,000,000 -84,000,000 112,000,000 39,000,000 -102,000,000 -524,000,000                 
          impairment of long-lived and other assets
        		5,000,000       0 0 0 49,000,000                         
          unrealized net (gain) income from mark-to-market valuations of commodities
        		     -46,000,000 176,000,000 365,000,000 284,000,000 -54,000,000 -1,085,000,000    360,000,000 -12,000,000 589,000,000       -71,000,000 78,000,000 -517,000,000 -186,000,000 173,000,000 8,000,000       
          unrealized net income from mark-to-market valuations of interest rate swaps
        		                   -26,000,000 -11,000,000 18,000,000 174,000,000             
          unrealized net gain from nuclear decommissioning trusts
        		-90,000,000   17,000,000 -78,000,000 -27,000,000 -28,000,000                             
          asset retirement obligation accretion expense
        		34,000,000 32,000,000 34,000,000 30,000,000 32,000,000 33,000,000 19,000,000 8,000,000 9,000,000 8,000,000 9,000,000 8,000,000 9,000,000 8,000,000 9,000,000 11,000,000 8,000,000 8,000,000 11,000,000 10,000,000 10,000,000 11,000,000 12,000,000 13,000,000 13,000,000 13,000,000 14,000,000         
          bad debt expense
        		65,000,000 43,000,000 44,000,000 51,000,000 60,000,000 36,000,000 36,000,000 33,000,000 62,000,000 34,000,000 35,000,000 43,000,000                        
          stock-based compensation expense
        		36,000,000 25,000,000 21,000,000                                 
          involuntary conversion gain
        		0                                   
          other
        		23,000,000 -44,000,000 57,000,000 -80,000,000 14,000,000 0 -23,000,000 64,000,000 15,000,000 16,000,000 8,000,000   34,000,000 32,000,000 -38,000,000 23,000,000 45,000,000 11,000,000 -137,000,000 60,000,000 52,000,000 3,000,000 -24,000,000 -61,000,000 105,000,000 -32,000,000 28,000,000 70,000,000 -13,000,000 7,000,000 -15,000,000 62,000,000 0 22,000,000 
          changes in operating assets and liabilities:
        		                                   
          margin deposits
        		7,000,000 -151,000,000 -217,000,000 -13,000,000 422,000,000 305,000,000 128,000,000 -372,000,000 257,000,000 787,000,000 1,227,000,000 -69,000,000 88,000,000 -2,103,000,000 210,000,000 -233,000,000 -527,000,000 -106,000,000 -134,000,000 -80,000,000 2,000,000 -41,000,000 99,000,000 41,000,000 17,000,000 78,000,000 34,000,000 -182,000,000 22,000,000 3,000,000 -64,000,000 -37,000,000 36,000,000 34,000,000 113,000,000 
          accrued interest
        		37,000,000 -56,000,000 51,000,000 -29,000,000 7,000,000 7,000,000 -3,000,000 93,000,000 -43,000,000 43,000,000 -47,000,000 47,000,000 -44,000,000 75,000,000 -62,000,000 68,000,000 -63,000,000 83,000,000 -75,000,000 77,000,000 -91,000,000 71,000,000 -77,000,000 65,000,000 9,000,000 -9,000,000 15,000,000 -46,000,000 15,000,000 -63,000,000 -11,000,000 16,000,000 3,000,000 2,000,000 -31,000,000 
          accrued taxes
        		37,000,000 53,000,000 -109,000,000 39,000,000 18,000,000 53,000,000 -111,000,000 43,000,000 14,000,000 39,000,000 -91,000,000 38,000,000 16,000,000 36,000,000 -98,000,000 43,000,000 12,000,000 4,000,000 -79,000,000 57,000,000 24,000,000 51,000,000 -110,000,000 27,000,000 36,000,000 8,000,000 -75,000,000 38,000,000 10,000,000 -43,000,000 -69,000,000  77,000,000   
          accrued employee incentive
        		39,000,000 32,000,000 -177,000,000 86,000,000 62,000,000 29,000,000 -169,000,000 81,000,000 34,000,000 22,000,000 -79,000,000 38,000,000 21,000,000 21,000,000 -59,000,000 18,000,000 21,000,000 21,000,000 -128,000,000 59,000,000 50,000,000 20,000,000 -90,000,000 54,000,000 19,000,000 18,000,000 -90,000,000         
          other operating assets and liabilities
        		-91,000,000 -417,000,000 -54,000,000  -189,000,000 -442,000,000 -232,000,000  -247,000,000 -245,000,000 -75,000,000  -266,000,000 -663,000,000 56,000,000  -93,000,000 -226,000,000 999,000,000  -35,000,000 -207,000,000 -15,000,000  22,000,000 -226,000,000 -136,000,000  -156,000,000 -277,000,000 -25,000,000     
          cash from operating activities
        		1,467,000,000 572,000,000 599,000,000 1,353,000,000 1,702,000,000 1,196,000,000 312,000,000 881,000,000 1,560,000,000 1,577,000,000 1,435,000,000 393,000,000 815,000,000 -1,314,000,000 591,000,000 287,000,000 564,000,000 596,000,000 -1,653,000,000 987,000,000 1,041,000,000 757,000,000 552,000,000 913,000,000 941,000,000 494,000,000 388,000,000 608,000,000 892,000,000 -7,000,000 -22,000,000 541,000,000 512,000,000 192,000,000 141,000,000 
          cash flows — investing activities:
        		                                   
          capital expenditures, including nuclear fuel purchases and ltsa prepayments
        		-458,000,000 -690,000,000 -768,000,000 -430,000,000 -685,000,000 -498,000,000 -465,000,000 -414,000,000 -336,000,000 -442,000,000 -484,000,000 -392,000,000 -296,000,000 -240,000,000 -373,000,000 -243,000,000 -244,000,000 -354,000,000 -192,000,000 -421,000,000 -250,000,000 -327,000,000 -261,000,000 0 0 0 0 0 0 0 0 0 0 0 0 
          free cash flows
        		1,009,000,000 -118,000,000 -169,000,000 923,000,000 1,017,000,000 698,000,000 -153,000,000 467,000,000 1,224,000,000 1,135,000,000 951,000,000 1,000,000 519,000,000 -1,554,000,000 218,000,000 44,000,000 320,000,000 242,000,000 -1,845,000,000 566,000,000 791,000,000 430,000,000 291,000,000 913,000,000 941,000,000 494,000,000 388,000,000 608,000,000 892,000,000 -7,000,000 -22,000,000 541,000,000 512,000,000 192,000,000 141,000,000 
          energy harbor acquisition
        		   0 0 5,000,000 -3,070,000,000                             
          proceeds from sales of nuclear decommissioning trust fund securities
        		1,096,000,000 917,000,000 2,107,000,000 643,000,000 796,000,000 563,000,000 214,000,000 123,000,000 227,000,000 132,000,000 119,000,000 242,000,000 94,000,000 236,000,000 98,000,000 117,000,000 99,000,000 134,000,000 133,000,000 142,000,000 67,000,000 149,000,000 75,000,000 77,000,000 62,000,000 214,000,000 78,000,000 41,000,000 118,000,000 47,000,000 46,000,000 98,000,000 56,000,000 19,000,000 79,000,000 
          investments in nuclear decommissioning trust fund securities
        		-1,103,000,000 -923,000,000 -2,112,000,000 -649,000,000 -802,000,000 -568,000,000 -220,000,000 -129,000,000 -233,000,000 -137,000,000 -125,000,000 -247,000,000 -101,000,000 -242,000,000 -103,000,000 -123,000,000 -105,000,000 -139,000,000 -138,000,000 -148,000,000 -73,000,000 -154,000,000 -80,000,000 -83,000,000 -68,000,000 -219,000,000 -83,000,000 -47,000,000 -124,000,000 -52,000,000 -51,000,000 -103,000,000 -62,000,000 -23,000,000 -84,000,000 
          proceeds from sales of environmental allowances
        		32,000,000 4,000,000 21,000,000 626,000,000 82,000,000 48,000,000 17,000,000 441,000,000 12,000,000 12,000,000 35,000,000 917,000,000 92,000,000 259,000,000 7,000,000 290,000,000 38,000,000 19,000,000 45,000,000 74,000,000 3,000,000 14,000,000 74,000,000             
          purchases of environmental allowances
        		-119,000,000 -85,000,000 -307,000,000 -715,000,000 -152,000,000 -228,000,000 -131,000,000 -794,000,000 -87,000,000 -129,000,000 -61,000,000 -960,000,000 -85,000,000 -142,000,000 -116,000,000 -358,000,000 -74,000,000 -145,000,000 -28,000,000 -294,000,000 -37,000,000 -67,000,000 -106,000,000 -153,000,000 -31,000,000           
          insurance proceeds for recovery of damaged property, plant and equipment
        		25,000,000                                   
          proceeds from sale of property, plant and equipment, including nuclear fuel
        		    8,000,000 2,000,000 127,000,000                             
          cash from investing activities
        		-491,000,000 -610,000,000 -1,061,000,000 -317,000,000 -762,000,000 -669,000,000 -3,528,000,000 -763,000,000 -415,000,000 -454,000,000 -513,000,000 -353,000,000 -277,000,000 -129,000,000 -480,000,000 -310,000,000 -268,000,000 -446,000,000 -129,000,000 -645,000,000 -274,000,000 -369,000,000 -284,000,000 -738,000,000 -580,000,000 -250,000,000 -149,000,000 -234,000,000 -109,000,000 319,000,000 -77,000,000 56,000,000 -434,000,000 -113,000,000 -50,000,000 
          cash flows — financing activities:
        		                                   
          issuances of debt
        		215,000,000                                   
          repayments/repurchases of debt
        		-7,000,000 -751,000,000 -6,000,000 -18,000,000 -1,163,000,000 -350,000,000 -756,000,000 -12,000,000 -7,000,000 -7,000,000 -7,000,000 -19,000,000 -9,000,000 -91,000,000 -132,000,000 -147,000,000 -133,000,000 -65,000,000 -36,000,000 -53,000,000 -199,000,000 -533,000,000 -223,000,000 -2,441,000,000 -531,000,000 -2,855,000,000 -1,282,000,000 -173,000,000 -1,564,000,000 -1,328,000,000 -10,000,000 -159,000,000 -8,000,000 -11,000,000 -13,000,000 
          net borrowings under accounts receivable financing
        		      875,000,000    175,000,000  -100,000,000 225,000,000 500,000,000  -186,000,000 -64,000,000 425,000,000                 
          borrowings under revolving credit facility
        		   0    0 0 0 100,000,000 250,000,000 0   150,000,000 0 0 1,300,000,000 0 150,000,000 500,000,000 425,000,000             
          repayments under revolving credit facility
        		   0    0 0 0 -350,000,000 0 -250,000,000   -150,000,000 0 -300,000,000 -1,000,000,000 0 -700,000,000 -650,000,000 -75,000,000             
          borrowings under commodity-linked facility
        		0   0 1,302,000,000 0 500,000,000     400,000,000 0                       
          repayments under commodity-linked facility
        		-861,000,000   0 -1,302,000,000   0 0 0 -400,000,000 0 -1,050,000,000                       
          debt issuance costs
        		   -44,000,000 0   -30,000,000 -23,000,000                           
          stock repurchases
        		-187,000,000 -252,000,000 -337,000,000 -245,000,000 -399,000,000 -331,000,000 -291,000,000                             
          dividends paid to common stockholders
        		-77,000,000 -69,000,000 -83,000,000 -75,000,000 -80,000,000 -73,000,000 -77,000,000 -85,000,000 -75,000,000 -76,000,000 -77,000,000 -75,000,000 -75,000,000 -75,000,000 -77,000,000                     
          dividends paid to preferred stockholders
        		-21,000,000 -75,000,000 -21,000,000 -75,000,000 -23,000,000   -75,000,000 0   -75,000,000 0                       
          dividends paid to noncontrolling interest holders
        		                                   
          vistra corp.condensed consolidated statements of cash flows
        		                                   
          tax withholding on stock based compensation
        		-1,000,000 0 -50,000,000                                 
          principal payment on forward repurchase obligation
        		0                                   
          tra repurchase and tender offer — return of capital
        		   0 0 0 -122,000,000                             
          cash from financing activities
        		-833,000,000 -63,000,000 -164,000,000 -754,000,000 -1,661,000,000 18,000,000 793,000,000 196,000,000 1,382,000,000 -998,000,000 -874,000,000 -83,000,000 -1,877,000,000 2,293,000,000 -413,000,000 995,000,000 -392,000,000 -268,000,000 1,939,000,000 -448,000,000 -650,000,000 -750,000,000 52,000,000 -453,000,000 -614,000,000 174,000,000 -344,000,000 -551,000,000 -729,000,000 -1,434,000,000 -9,000,000 -164,000,000 -10,000,000 -9,000,000 -18,000,000 
          net change in cash, cash equivalents and restricted cash
        		143,000,000 -101,000,000 -626,000,000 282,000,000 -721,000,000 545,000,000 -2,423,000,000 314,000,000 2,527,000,000 125,000,000 48,000,000 -43,000,000 -1,339,000,000 850,000,000 -302,000,000 972,000,000 -96,000,000 -118,000,000 157,000,000 -106,000,000 117,000,000 -362,000,000 320,000,000 -278,000,000 -253,000,000 418,000,000 -105,000,000 -177,000,000 54,000,000 -1,122,000,000 -108,000,000     
          cash, cash equivalents and restricted cash — beginning balance
        		0 0 1,222,000,000 0 0 0 3,539,000,000 0 0 0 525,000,000 0 0 0 1,359,000,000 0 0 0 444,000,000 0 0 0 475,000,000 0 0 0 693,000,000 0 0 0 2,046,000,000     
          cash, cash equivalents and restricted cash — ending balance
        		143,000,000 -101,000,000 596,000,000 282,000,000 -721,000,000 545,000,000 1,116,000,000 314,000,000 2,527,000,000 125,000,000 573,000,000 -43,000,000 -1,339,000,000 850,000,000 1,057,000,000 972,000,000 -96,000,000 -118,000,000 601,000,000 -106,000,000 117,000,000 -362,000,000 795,000,000 -278,000,000 -253,000,000 418,000,000 588,000,000 -177,000,000 54,000,000 -1,122,000,000 1,938,000,000     
          unrealized net income from mark-to-market valuations of commodities
        		 -16,000,000 567,000,000          -320,000,000                       
          unrealized net (gain) income from mark-to-market valuations of interest rate swaps
        		 26,000,000 48,000,000 -79,000,000   -47,000,000    41,000,000     -42,000,000 -13,000,000 9,000,000 -88,000,000     -55,000,000 76,000,000 119,000,000 80,000,000 128,000,000 -37,000,000       
          net borrowings (repayments) under accounts receivable financing
        		 43,000,000 332,000,000 0 0                               
          unrealized net (gain) income from nuclear decommissioning trusts
        		  15,000,000                                 
          issuances of long-term debt
        		   1,617,000,000 0 1,500,000,000 700,000,000 748,000,000    0 0   0 0       1,907,000,000 0 3,300,000,000 1,300,000,000 0        
          gain on sale of land
        		       0 -1,000,000                           
          change in asset retirement obligation liability
        		                                   
          impacts of tax receivable agreement
        		   0 0 0 5,000,000 36,000,000 49,000,000 14,000,000 65,000,000 99,000,000 -86,000,000 34,000,000 81,000,000 -22,000,000 -35,000,000 41,000,000 -37,000,000 39,000,000 -58,000,000 6,000,000 8,000,000 11,000,000 62,000,000 -33,000,000 -3,000,000 14,000,000 -17,000,000 64,000,000 18,000,000 -117,000,000 -138,000,000   
          gain on tra repurchase and tender offers
        		   0 0 0 -10,000,000                             
          stock-based compensation
        		   24,000,000 23,000,000 32,000,000 21,000,000 14,000,000 20,000,000 21,000,000 22,000,000 15,000,000 14,000,000 20,000,000 14,000,000 11,000,000 11,000,000 9,000,000 16,000,000 19,000,000 16,000,000 16,000,000 14,000,000 12,000,000 11,000,000 12,000,000 12,000,000 14,000,000 0 53,000,000 6,000,000  5,000,000 4,000,000 4,000,000 
          accounts receivable — trade
        		                                   
          inventories
        		                                   
          accounts payable — trade
        		                                   
          commodity and other derivative contractual assets and liabilities
        		                                   
          uplift securitization proceeds receivable from ercot
        		           0 0                       
          asset retirement obligation settlement
        		                                   
          major plant outage deferral
        		                                   
          other — net assets
        		                                   
          other — net liabilities
        		                                   
          proceeds from sales of property, plant, and equipment, including nuclear fuel
        		                                   
          proceeds from sales of transferable itcs
        		                                   
          vistra corp. consolidated statements of cash flows
        		                                   
          dividends paid to noncontrolling and redeemable noncontrolling interest holders
        		                                   
          payment for acquisition of noncontrolling interest
        		                                   
          deferred income tax expense
        		    551,000,000                191,000,000 60,000,000 13,000,000          180,000,000 -13,000,000 42,000,000 
          impairment of long-lived assets
        		                0   0 272,000,000 0 84,000,000             
          unrealized net gain from mark-to-market valuations of commodities
        		                  -96,000,000  -321,000,000 2,000,000 -125,000,000             
          vistra corp. condensed consolidated statements of cash flows
        		                                   
          dividends paid to noncontrolling interest in subsidiary
        		    0                               
          unrealized net gain from mark-to-market valuations of interest rate swaps
        		        -43,000,000    -90,000,000 -45,000,000 -126,000,000                     
          gain on tra settlement
        		                                   
          insurance proceeds
        		       1,000,000 5,000,000 6,000,000 3,000,000 24,000,000 14,000,000 0 1,000,000 15,000,000 11,000,000 23,000,000 40,000,000                 
          proceeds from sales of property, plant and equipment
        		                                   
          issuances of preferred stock
        		                                   
          borrowings under term loan a
        		               0 0                   
          repayment under term loan a
        		               0 0                   
          proceeds from forward capacity agreement
        		               0 0 0 500,000,000                 
          net borrowings/(repayments) under accounts receivable financing
        		                                   
          proceeds from sale of assets
        		        1,000,000 108,000,000 2,000,000 0 7,000,000   23,000,000                    
          net (repayments)/borrowings under accounts receivable financing
        		        0                           
          share repurchases
        		        -314,000,000 -251,000,000 -301,000,000 -359,000,000 -396,000,000 -484,000,000 -710,000,000 -296,000,000 0 0 -175,000,000                 
          loss on disposal of investment in nelp
        		                   0 0 1,000,000 28,000,000             
          tax receivable agreement payment
        		                                   
          proceeds from sale of nuclear fuel
        		                                   
          net borrowings/(payments) under accounts receivable financing
        		                                   
          debt tender offer and other financing fees
        		            -8,000,000   0 0    -7,000,000 -5,000,000 -5,000,000  -24,000,000 -82,000,000 -64,000,000         
          ambit acquisition
        		                                   
          crius acquisition
        		                       0            
          dividends paid to stockholders
        		               -71,000,000 -72,000,000 -73,000,000 -74,000,000 -68,000,000 -66,000,000 -66,000,000 -66,000,000 -62,000,000 -61,000,000 -59,000,000 -61,000,000         
          borrowing under term loan a
        		                  1,000,000,000                 
          cash acquired in the merger
        		                           0 0       
          proceeds from sales of assets
        		                                   
          net borrowings/
        		                                   
          debt tender offer and other debt financing fees
        		                                   
          stock repurchase
        		                       -24,000,000 -175,000,000 -209,000,000 -248,000,000 -349,000,000 -351,000,000       
          net borrowings under accounts receivable securitization program
        		                       -150,000,000 170,000,000 80,000,000 11,000,000         
          alcoa contract settlement
        		                                   
          aro settlement
        		                                   
          capital expenditures, including ltsa prepayments
        		                       -172,000,000 -101,000,000 -129,000,000 -118,000,000         
          nuclear fuel purchases
        		                       -56,000,000 -13,000,000 -7,000,000 -13,000,000 -52,000,000 -38,000,000 -17,000,000 -11,000,000 -6,000,000 -21,000,000 -23,000,000 -12,000,000 
          development and growth expenditures
        		                       -11,000,000 -57,000,000 -14,000,000 -22,000,000         
          odessa acquisition
        		                               0    
          vistra energy corp. consolidated statements of cash flows
        		                                   
          proceeds from sale of environmental allowances
        		                        1,000,000           
          deferred income tax (benefit) expense
        		                         147,000,000 70,000,000  188,000,000 -76,000,000 -83,000,000     
          gain on extinguishment of liabilities subject to compromise
        		                                   
          net income from adopting fresh start reporting
        		                                   
          contract claims adjustments of predecessor
        		                                   
          write-off of intangible and other assets
        		                                   
          affiliate accounts receivable/payable — net
        		                                   
          debt tender offer and other debt financing fee
        		                                   
          vistra energy corp.statements of consolidated cash flows
        		                                   
          incremental term loan b facility
        		                                   
          special dividend
        		                                   
          net proceeds from issuance of preferred stock
        		                                   
          payments to extinguish claims of tceh first lien creditors
        		                                   
          payment to extinguish claims of tceh unsecured creditors
        		                                   
          borrowings under tceh dip roll facilities and dip facility
        		                                   
          tceh dip roll facilities and dip facility financing fees
        		                                   
          lamar and forney acquisition — net of cash acquired
        		                                   
          changes in restricted cash
        		                               152,000,000 3,000,000 30,000,000 1,000,000 
          notes/advances due from affiliates
        		                                   
          accretion expense
        		                            -7,000,000 25,000,000 19,000,000     
          accrued incentive plan
        		                            14,000,000 19,000,000 -50,000,000  14,000,000   
          borrowing under accounts receivable securitization program
        		                                   
          capital expenditures
        		                            -56,000,000 -114,000,000 -39,000,000 -28,000,000 -23,000,000 -32,000,000 -31,000,000 
          solar development expenditures
        		                            -7,000,000 0 -21,000,000 -61,000,000 -33,000,000   
          debt financing fee
        		                                   
          unrealized net (gain) income from mark-to-market valuations of derivatives
        		                              356,000,000 315,000,000 -151,000,000 81,000,000 -129,000,000 
          noncash adjustment for estimated allowed claims related to debt
        		                                   
          adjustment to intercompany claims pursuant to settlement agreement
        		                                   
          impairment of goodwill
        		                                   
          increase in asset retirement obligation liability
        		                                   
          vistra energy corp.condensed statements of consolidated cash flows
        		                                   
          net change in cash and cash equivalents
        		                               433,000,000 68,000,000 70,000,000 73,000,000 
          cash and cash equivalents — beginning balance
        		                               0 0 0 843,000,000 
          cash and cash equivalents — ending balance
        		                               433,000,000 68,000,000 70,000,000 916,000,000 
          other operating assets and liabilities, including liabilities subject to compromise
        		                                -33,000,000 -154,000,000 -40,000,000 
          tceh dip roll facilities financing fees
        		                                   
          borrowings under tceh dip facility
        		                                   
          accrued property taxes
        		                                  -71,000,000 
          accrued incentive plan payments
        		                                  -73,000,000