Tennessee Valley Authority
For the period ended Mar 31, 2026. Filed May 5, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 5, 2026
TVE$23.24+0.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Contents
| Table of Contents | |
|---|---|
| Page | |
| GLOSSARY OF COMMON ACRONYMS...................................................................................................................................... | 3 |
| FORWARD-LOOKING INFORMATION......................................................................................................................................... | 4 |
| GENERAL INFORMATION............................................................................................................................................................ | 6 |
| PART I - FINANCIAL INFORMATION | |
| ITEM 1. FINANCIAL STATEMENTS............................................................................................................................................. | 7 |
| Consolidated Balance Sheets (Unaudited)........................................................................................................................... | 7 |
| Consolidated Statements of Operations (Unaudited)............................................................................................................ | 9 |
| Consolidated Statements of Comprehensive Income (Loss) (Unaudited)............................................................................ | 9 |
| Consolidated Statements of Cash Flows (Unaudited).......................................................................................................... | 10 |
| Consolidated Statements of Changes in Proprietary Capital (Unaudited)............................................................................ | 11 |
| Notes to Consolidated Financial Statements (Unaudited).................................................................................................... | 12 |
| ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS... | 45 |
| Executive Overview............................................................................................................................................................... | 45 |
| Results of Operations............................................................................................................................................................ | 46 |
| Liquidity and Capital Resources............................................................................................................................................ | 53 |
| Key Initiatives and Challenges.............................................................................................................................................. | 56 |
| Environmental Matters.......................................................................................................................................................... | 58 |
| Legal Proceedings................................................................................................................................................................ | 58 |
| Critical Accounting Estimates................................................................................................................................................ | 59 |
| New Accounting Standards and Interpretations.................................................................................................................... | 59 |
| Legislative and Regulatory Matters....................................................................................................................................... | 59 |
| ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.............................................................. | 59 |
| ITEM 4. CONTROLS AND PROCEDURES.................................................................................................................................. | 59 |
| Disclosure Controls and Procedures..................................................................................................................................... | 59 |
| Changes in Internal Control over Financial Reporting.......................................................................................................... | 60 |
| PART II - OTHER INFORMATION | |
| ITEM 1. LEGAL PROCEEDINGS.................................................................................................................................................. | 60 |
| ITEM 1A. RISK FACTORS............................................................................................................................................................ | 60 |
| ITEM 5. OTHER INFORMATION.................................................................................................................................................. | 60 |
| ITEM 6. EXHIBITS........................................................................................................................................................................ | 61 |
| SIGNATURES............................................................................................................................................................................... | 62 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.