Vistra Corp

For the period ended Sep 30, 2024. Filed Nov 8, 2024.

About 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.

Sep 30, 2024 · Filed Nov 8, 2024

VST$133.92+7.3%Stored close · as of Nov 9, 2026

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Contents

Condensed Consolidated Balance Sheets

VISTRA CORP.CONDENSED CONSOLIDATED BALANCE SHEETS(Unaudited) (Millions of Dollars, Except Share Data)
	September 30,2024	December 31,2023
ASSETS
Current assets:
Cash and cash equivalents	$905	$3,485
Restricted cash (Note 17)	29	40
Trade accounts receivable — net (Note 4)	2,179	1,674
Income taxes receivable	20	6
Inventories (Note 17)	949	740
Commodity and other derivative contractual assets (Note 10)	2,854	3,645
Margin deposits related to commodity contracts	519	1,244
Margin deposits posted under affiliate financing agreement (Note 8)	451	439
Prepaid expense and other current assets	625	364
Total current assets	8,531	11,637
Restricted cash (Note 17)	6	14
Investments (Note 17)	4,520	2,035
Property, plant and equipment — net (Note 17)	18,388	12,432
Operating lease right-of-use assets	109	50
Goodwill (Note 7)	2,802	2,583
Identifiable intangible assets — net (Note 7)	2,157	1,864
Commodity and other derivative contractual assets (Note 10)	886	577
Accumulated deferred income taxes	—	1,223
Other noncurrent assets	479	551
Total assets	$37,878	$32,966
LIABILITIES AND EQUITY
Current liabilities:
Accounts receivable financing (Note 9)	$750	$—
Long-term debt due currently (Note 9)	785	2,286
Trade accounts payable	1,291	1,147
Commodity and other derivative contractual liabilities (Note 10)	3,563	5,258
Margin deposits related to commodity contracts	175	45
Accrued taxes other than income	199	203
Accrued interest	222	206
Asset retirement obligations (Note 13)	102	124
Operating lease liabilities	13	7
Other current liabilities	560	547
Total current liabilities	7,660	9,823
Margin deposits financing with affiliate (Note 8)	451	439
Long-term debt, less amounts due currently (Note 9)	13,945	12,116
Operating lease liabilities	99	48
Commodity and other derivative contractual liabilities (Note 10)	1,141	1,688
Accumulated deferred income taxes	839	1
Tax Receivable Agreement obligation (Note 12)	15	164
Asset retirement obligations (Note 13)	3,884	2,414
Other noncurrent liabilities and deferred credits (Note 17)	1,191	951
Total liabilities	29,225	27,644

VISTRA CORP.CONDENSED CONSOLIDATED BALANCE SHEETS(Unaudited) (Millions of Dollars, Except Share Data)
	September 30,2024	December 31,2023
Commitments and Contingencies (Note 14)
Redeemable noncontrolling interest (Note 2)	3,198	—
Total equity (Note 15):
Preferred stock, number of shares authorized — 100,000,000; Series A (liquidation preference — $1,000; shares outstanding: September 30, 2024 and December 31, 2023— 1,000,000); Series B (liquidation preference — $1,000; shares outstanding: September 30, 2024 and December 31, 2023 — 1,000,000); Series C (liquidation preference — $1,000; shares outstanding: September 30, 2024 — 476,066 and December 31, 2023 — 476,081)	2,476	2,476
Common stock (par value — $0.01; number of shares authorized — 1,800,000,000)(shares outstanding: September 30, 2024 — 340,717,442; December 31, 2023 — 351,457,016)	5	5
Treasury stock, at cost (shares: September 30, 2024 — 207,378,586; December 31, 2023 — 192,178,156)	(5,684)	(4,662)
Additional paid-in-capital	9,396	10,095
Retained deficit	(759)	(2,613)
Accumulated other comprehensive income	7	6
Stockholders' equity	5,441	5,307
Noncontrolling interest in subsidiary	14	15
Total equity	5,455	5,322
Total liabilities, redeemable noncontrolling interest and equity	$37,878	$32,966

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.