Vistra Corp

For the period ended Mar 31, 2025. Filed May 8, 2025.

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.

Mar 31, 2025 · Filed May 8, 2025

VST$131.18-2.0%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 exhibits

Contents

17. Supplementary Financial Information

SUPPLEMENTARY FINANCIAL INFORMATION

Other Income (Deductions), Net

	Three Months Ended March 31,
	2025	2024
(in millions)
NDT net income (loss) (a)	$(10)	$35
Insurance settlements (b)	—	1
Gain on sale of land	—	1
Gain on TRA settlement (c)	—	10
Interest income	6	23
All other	(1)	17
Total other income (deductions), net	$(5)	$87

(a)Includes interest, dividends, and net realized and unrealized gains (losses) associated with NDTs of the PJM nuclear facilities. Reported in the East segment.

(b)Reported in the Asset Closure segment.

(c)Reported in Corporate and Other.

Inventories by Major Category

	March 31,2025	December 31,2024
(in millions)
Materials and supplies	$541	$533
Fuel stock	399	403
Natural gas in storage	20	34
Total inventories	$960	$970

Investments

	March 31,2025	December 31,2024
(in millions)
Nuclear decommissioning trusts	$4,404	$4,440
Assets related to employee benefit plans	13	14
Land investments	42	42
Other investments	17	16
Total investments	$4,476	$4,512

Other Noncurrent Liabilities and Deferred Credits

The balance of other noncurrent liabilities and deferred credits consists of the following:

	March 31,2025	December 31,2024
(in millions)
Retirement and other employee benefits	$204	$224
Identifiable intangible liabilities	149	155
Regulatory liability (a)	411	452
Operating lease liabilities	81	98
Finance lease liabilities	217	218
Liability for third-party remediation	8	8
Accrued severance costs	36	36
Tax Receivable Agreement obligation	12	14
Other accrued expenses	110	65
Total other noncurrent liabilities and deferred credits	$1,228	$1,270

(a)As of March 31, 2025 and December 31, 2024, the fair value of the assets contained in the Comanche Peak NDT was higher than the carrying value of our ARO related to our nuclear generation plant decommissioning and recorded as a regulatory liability of $411 million and $452 million, respectively.

Supplemental Cash Flow Information

The following table reconciles cash, cash equivalents and restricted cash reported in the condensed consolidated statements of cash flows to the amounts reported in the condensed consolidated balance sheets at March 31, 2025 and December 31, 2024:

	March 31,2025	December 31,2024
(in millions)
Cash and cash equivalents	$561	$1,188
Restricted cash included in current assets	29	28
Restricted cash included in noncurrent assets	6	6
Total cash, cash equivalents and restricted cash	$596	$1,222

The following table summarizes our supplemental cash flow information for the three months ended March 31, 2025 and 2024. Non-cash investing and financing activities for the three months ended March 31, 2024 includes activity related to the Energy Harbor Merger (see Note 2 for additional information).

	Three Months Ended March 31,
	2025	2024
(in millions)
Cash payments related to:
Interest paid	$210	$214
Capitalized interest	(29)	(12)
Interest paid (net of capitalized interest)	$181	$202

For the three months ended March 31, 2025 and 2024, we paid state income taxes of $5 million and $3 million respectively, and received state tax refunds ofzero and $1 million, respectively.

ContentsView on SEC.gov

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