Talen Energy Corp
For the period ended Mar 31, 2025. Filed May 8, 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.
Mar 31, 2025 · Filed May 8, 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)
| Three Months Ended March 31, | ||
|---|---|---|
| (Millions of Dollars) | 2025 | 2024 |
| Operating Activities | ||
| Net Income (Loss) | $(135) | $319 |
| Non-cash reconciliation adjustments: | ||
| Unrealized (gains) losses on derivative instruments (Note 3) | 196 | 128 |
| Depreciation, amortization and accretion (Note 17) | 72 | 74 |
| Deferred income taxes | (70) | 57 |
| Nuclear fuel amortization (Note 8) | 26 | 35 |
| Nuclear decommissioning trust funds (gain) loss, net (excluding interest and fees) (Note 7) | 23 | (64) |
| (Gain) loss on AWS Data Campus Sale (Note 18) | — | (324) |
| Other (Note 17) | 37 | (42) |
| Changes in assets and liabilities: | ||
| Accounts receivable | 23 | 11 |
| Inventory, net | 83 | 89 |
| Other assets | 22 | (1) |
| Accounts payable and accrued liabilities | (60) | (154) |
| Accrued interest | 36 | 29 |
| Collateral received (posted), net | (67) | 5 |
| Other liabilities | (67) | 11 |
| Net cash provided by (used in) operating activities | 119 | 173 |
| Investing Activities | ||
| Nuclear decommissioning trust funds investment purchases (Note 7) | (592) | (564) |
| Nuclear decommissioning trust funds investment sale proceeds (Note 7) | 581 | 553 |
| Nuclear fuel expenditures (Note 8) | (46) | (41) |
| Property, plant and equipment expenditures (Note 8) | (18) | (25) |
| Proceeds from AWS Data Campus Sale (Note 18) | — | 339 |
| Other | 7 | 3 |
| Net cash provided by (used in) investing activities | (68) | 265 |
| Financing Activities | ||
| Share repurchases (Note 16) | (83) | (30) |
| Deferred financing costs | (9) | — |
| Debt repayments (Note 11) | (4) | (2) |
| Cumulus Digital TLF repayment | — | (182) |
| Repurchase of noncontrolling interest | — | (39) |
| Other | — | (6) |
| Net cash provided by (used in) financing activities | (96) | (259) |
| Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents | (45) | 179 |
| 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 | $320 | $1,080 |
See Note 17 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.