Talen Energy Corp
For the period ended Sep 30, 2025. Filed Nov 5, 2025.
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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.
Sep 30, 2025 · Filed Nov 5, 2025
TLN$361.18-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows (Unaudited)
| Nine Months Ended September 30, | ||
|---|---|---|
| (Millions of Dollars) | 2025 | 2024 |
| Operating Activities | ||
| Net Income (Loss) | $144 | $945 |
| Non-cash reconciliation adjustments: | ||
| Depreciation, amortization and accretion (Note 16) | 208 | 216 |
| Unrealized (gains) losses on derivative instruments (Note 2) | 68 | (59) |
| Deferred income taxes | 44 | 39 |
| Nuclear fuel amortization (Note 7) | 71 | 93 |
| Nuclear decommissioning trust funds (gain) loss, net (excluding interest and fees) (Note 6) | (112) | (135) |
| (Gain) loss on AWS Data Campus Sale and ERCOT Sale (Note 17) | — | (886) |
| (Gain) loss on sales of assets, net (Note 17) | (36) | — |
| Other (Note 16) | 80 | (58) |
| Changes in assets and liabilities: | ||
| Accounts receivable | (57) | 41 |
| Inventory, net | 35 | 73 |
| Other assets | 202 | 28 |
| Accounts payable and accrued liabilities | (91) | (115) |
| Accrued interest | 36 | 22 |
| Collateral received (posted), net | (7) | 34 |
| Other liabilities | (161) | 8 |
| Net cash provided by (used in) operating activities | 424 | 246 |
| Investing Activities | ||
| Nuclear decommissioning trust funds investment purchases (Note 6) | (1,852) | (1,670) |
| Nuclear decommissioning trust funds investment sale proceeds (Note 6) | 1,827 | 1,646 |
| Property, plant and equipment expenditures (Note 7) | (72) | (58) |
| Nuclear fuel expenditures (Note 7) | (94) | (89) |
| Proceeds from the sale of assets | 40 | — |
| Proceeds from AWS Data Campus Sale and ERCOT Sale (Note 17) | — | 1,398 |
| Other | (5) | (2) |
| Net cash provided by (used in) investing activities | (156) | 1,225 |
| Financing Activities | ||
| Share repurchases (Note 15) | (103) | (956) |
| Revolving credit facility borrowings (Note 10) | 75 | — |
| Revolving credit facility repayments (Note 10) | (75) | — |
| Debt repayments (Note 10) | (13) | — |
| Deferred financing costs | (29) | — |
| Cumulus Digital TLF repayment | — | (182) |
| Repurchase of noncontrolling interest | — | (39) |
| Cash settlement of restricted stock units | — | (31) |
| Other | 9 | (32) |
| Net cash provided by (used in) financing activities | (136) | (1,240) |
| Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents | 132 | 231 |
| Beginning of period cash and cash equivalents and restricted cash and cash equivalents | 365 | 901 |
| End of period cash and cash equivalents and restricted cash and cash equivalents | $497 | $1,132 |
See Note 16 for supplemental cash flow information.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.