For the year ending 2025-12-31, TLN had $387M increase in cash & cash equivalents over the period. $606M in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) | -219 |
| Stock-based compensation (note 13) | 526 |
| Depreciation, amortization and accretion | 279 |
| Other | 0 |
| Depreciation, amortization and accretion (note 16) | 279 |
| Nuclear decommissioning trust funds (gain) loss, net (excluding interest and fees) (note 6) | 132 |
| Commodity contracts | -106 |
| Interest rate swap contracts (interest expense) | -15 |
| Unrealized (gains) losses on derivative instruments (note 2) | -121 |
| Deferred income taxes | 120 |
| Nuclear fuel amortization (note 7) | 97 |
| (gain) loss on sales of assets, net (note 17) | 36 |
| (gain) loss on aws data campus sale and ercot sale (note 17) | 0 |
| Reorganization (income) expense, net (note 20) | 0 |
| Impairments (note 7) | 0 |
| Other (note 16) | -51 |
| Accounts receivable | 44 |
| Inventory, net | -29 |
| Other assets | -182 |
| Accounts payable and accrued liabilities | -48 |
| Accrued interest | 42 |
| Collateral received (posted), net | -33 |
| Other liabilities | -231 |
| Net cash provided by (used in) operating activities | 704 |
| Freedom and guernsey acquisitions, net (note 17) | 3,793 |
| Nuclear decommissioning trust funds investment purchases (note 6) | 1,962 |
| Nuclear decommissioning trust funds investment sale proceeds (note 6) | 1,927 |
| Nuclear fuel expenditures (note 7) | 108 |
| Property, plant and equipment expenditures (note 7) | 98 |
| Proceeds from aws data campus sale and ercot sale (note 17) | 0 |
| Proceeds from the sale of assets | 40 |
| Other | 9 |
| Net cash provided by (used in) investing activities | -4,003 |
| Debt issuances (note 10) | 3,890 |
| Share repurchases (note 15) | 103 |
| Deferred financing costs | 89 |
| Revolving credit facility borrowings (note 10) | 75 |
| Revolving credit facility repayments (note 10) | 75 |
| Debt repayments (note 10) | 17 |
| Cumulus digital tlf repayment | 0 |
| Repurchase of noncontrolling interest | 0 |
| Cash settlement of restricted stock units | 0 |
| Exercise or repurchase of warrants | 0 |
| Lmbe-mc tlb payments | 0 |
| Tlb-1 proceeds, net | 0 |
| Repayment of prepetition secured indebtedness | 0 |
| Financing proceeds at emergence, net of discount | 0 |
| Contributions from member | 0 |
| Payment of claims under other prepetition secured indebtedness | 0 |
| Derivatives with financing elements | 0 |
| Other | 5 |
| Net cash provided by (used in) financing activities | 3,686 |
| Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents | 387 |
| Beginning of period cash and cash equivalents and restricted cash and cash equivalents | 365 |
| End of period cash and cash equivalents and restricted cash and cash equivalents | 752 |
Talen Energy Corp (TLN)
Talen Energy Corp (TLN)