Talen Energy Corp
For the period ended Sep 30, 2024. Filed Nov 14, 2024.
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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, 2024 · Filed Nov 14, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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7. Nuclear Decommissioning Trust Funds
- Nuclear Decommissioning Trust Funds
| Successor | ||||||||
|---|---|---|---|---|---|---|---|---|
| September 30, 2024 | December 31, 2023 | |||||||
| AmortizedCost | UnrealizedGains | UnrealizedLosses | FairValue | AmortizedCost | UnrealizedGains | UnrealizedLosses | FairValue | |
| Cash equivalents | $8 | $— | $— | $8 | $9 | $— | $— | $9 |
| Equity securities | 504 | 672 | 44 | 1,132 | 491 | 575 | 53 | 1,013 |
| Debt securities | 581 | 12 | — | 593 | 570 | 10 | 1 | 579 |
| Receivables (payables), net | 4 | — | — | 4 | (26) | — | — | (26) |
| NDT funds | $1,097 | $684 | $44 | $1,737 | $1,044 | $585 | $54 | $1,575 |
See Note 12 for additional information on the NDT fair value. There were no available-for-sale debt securities with credit losses as of September 30, 2024 (Successor) and December 31, 2023 (Successor).
The contractual maturities for available-for-sale debt securities presented on the Consolidated Balance Sheets were:
| Successor | ||
|---|---|---|
| September 30, 2024 | December 31, 2023 | |
| Maturities within one year | $63 | $105 |
| Maturities within two to five years | 185 | 194 |
| Maturities thereafter | 345 | 280 |
| Debt securities, fair value | $593 | $579 |
The sales proceeds, gains, and losses for available-for-sale debt securities for the periods were:
| Successor · Predecessor | |||||
|---|---|---|---|---|---|
| Three Months Ended September 30, 2024 | Three Months Ended September 30, 2023 | Nine Months Ended September 30, 2024 | May 18 through September 30, 2023 | January 1 through May 17, 2023 | |
| Sales proceeds of NDT funds investments (a) | $545 | $492 | $1,578 | $763 | $839 |
| Gross realized gains | 4 | 1 | 9 | 1 | 7 |
| Gross realized losses | (2) | (5) | (8) | (7) | (12) |
(a)Sales proceeds are used to pay income taxes and trust management fees. Remaining proceeds are reinvested in the NDT.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.