For the quarter ending 2026-03-31, TVC has $59,939M in assets. $501M in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalent | 501 | 501 | 1,576 | 501 |
| Accounts receivable, after allowance for credit loss, current | 1,969 | 1,927 | 2,119 | 1,887 |
| Inventory, net | 1,211 | 1,230 | 1,193 | 1,184 |
| Regulatory asset, current | 455 | 173 | 127 | 152 |
| Other assets, current | 243 | 184 | 162 | 169 |
| Assets, current | 4,379 | 4,015 | 5,177 | 3,893 |
| Completed plant | 71,078 | 71,183 | 71,574 | 71,902 |
| Property, plant, and equipment, accumulated depreciation, depletion, and amortization | 39,152 | 39,015 | 38,716 | 38,871 |
| Net completed plant | 31,926 | 32,168 | 32,858 | 33,031 |
| Construction in progress, gross | 7,731 | 7,157 | 6,760 | 6,016 |
| Nuclear fuel, net of amortization | 1,214 | 1,255 | 1,185 | 1,231 |
| Finance lease, asset | 632 | 640 | - | 684 |
| Public utilities, property, plant and equipment, net | 41,503 | - | - | - |
| Equity securities, fv-ni-Fair Value Inputs Level1 | 844 | - | - | - |
| Financial instruments, owned, us government and agency obligations, at fair value-Fair Value Inputs Level1 | 456 | - | - | - |
| Financial instruments, owned, us government and agency obligations, at fair value-Fair Value Inputs Level2 | 62 | - | - | - |
| Financial instruments, owned, us government and agency obligations, at fair value | 518 | - | - | - |
| Financial instruments, owned, corporate debt, at fair value-Fair Value Inputs Level2 | 431 | - | - | - |
| Financial instruments, owned, corporate debt, at fair value | 431 | - | - | - |
| Financial instruments, owned, mortgages, mortgage-backed and asset-backed securities, at fair value-Fair Value Inputs Level2 | 48 | - | - | - |
| Financial instruments, owned, mortgages, mortgage-backed and asset-backed securities, at fair value | 48 | - | - | - |
| Institutional mutual funds-Fair Value Inputs Level1 | 356 | - | - | - |
| Institutional mutual funds | 356 | - | - | - |
| Forward contract derivative asset, at fair value-Fair Value Inputs Level2 | 15 | - | - | - |
| Forward contract derivative asset, at fair value | 15 | - | - | - |
| Cash, cash equivalents, and short-term investments-Fair Value Inputs Level1 | 92 | - | - | - |
| Cash, cash equivalents, and short-term investments-Fair Value Inputs Level2 | 162 | - | - | - |
| Cash, cash equivalents, and short-term investments | 254 | - | - | - |
| Alternative investment-Private Equity Funds | 898 | - | - | - |
| Alternative investment-Real Estate Funds | 465 | - | - | - |
| Finance lease, right-of-use-asset, after accumulated amortization | - | - | 663 | - |
| Alternative investment-Private Credit | 292 | - | - | - |
| Total property, plant, and equipment, net | - | 41,220 | 41,466 | 40,962 |
| Commingled funds measured at net asset value | 1,544 | - | - | - |
| Long-term investments | 5,665 | 5,687 | 5,573 | 5,277 |
| Regulatory asset, noncurrent | 7,850 | 7,985 | 8,047 | 9,137 |
| Operating lease, right-of-use asset | 87 | 100 | 113 | 126 |
| Financing receivable, after allowance for credit loss, noncurrent | 103 | - | - | - |
| Prepaid expense and other assets, noncurrent | 82 | - | - | - |
| Prepaid capital assets | 81 | - | - | - |
| Other intangible assets, net | 72 | - | - | - |
| Transfers accounted for as secured borrowings, assets, carrying amount | 45 | - | - | - |
| Commodity contract asset, noncurrent | 4 | - | - | - |
| Other assets, miscellaneous, noncurrent | 68 | - | - | - |
| Other assets, noncurrent | 455 | 508 | 506 | 490 |
| Investments and other noncurrent assets | 8,392 | 8,593 | 8,666 | 9,753 |
| Assets | 59,939 | 59,515 | 60,882 | 59,885 |
| Accounts payable and accrued liabilities, current | 2,887 | 2,772 | 3,299 | 2,979 |
| Interest payable, current | 326 | 333 | 348 | 314 |
| Asset retirement obligation, current | 343 | 323 | 313 | 316 |
| Regulatory liability, current | 212 | 210 | 228 | 202 |
| Short-term debt | 1,348 | 1,173 | 0 | 319 |
| Unsecured debt, current | 1,020 | 20 | 1,370 | 1,370 |
| Other long-term debt, current | 50 | 49 | 49 | 48 |
| Liabilities, current | 6,186 | 4,880 | 5,607 | 5,548 |
| Liability, defined benefit plan, noncurrent | 2,041 | 2,104 | 2,183 | 2,678 |
| Asset retirement obligations, noncurrent | 9,168 | 9,402 | 10,101 | 10,608 |
| Finance lease, liability, noncurrent | - | - | 640 | - |
| Finance lease, liability | 617 | 626 | - | 670 |
| Other liabilities, noncurrent | 1,569 | 1,490 | 1,606 | 1,507 |
| Regulatory liability, noncurrent | 124 | 132 | 141 | 85 |
| Noncurrent liabilities other than long-term debt | - | - | 14,671 | - |
| Liabilities, other than long-term debt, noncurrent | 13,519 | 13,754 | - | 15,548 |
| Unsecured long-term debt, noncurrent | 19,459 | 20,465 | 20,461 | 19,229 |
| Other long-term debt, noncurrent | 1,607 | 1,627 | 1,632 | 1,651 |
| Long-term debt, excluding current maturities | 21,066 | 22,092 | 22,093 | 20,880 |
| Total liabilities | 40,771 | 40,726 | 42,371 | 41,976 |
| Power program appropriation investment | 258 | 258 | 258 | 258 |
| Power program retained earnings | 18,455 | 18,063 | 17,797 | 17,182 |
| Total power program proprietary capital | 18,713 | 18,321 | 18,055 | 17,440 |
| Nonpower programs appropriation investment, net | 506 | 508 | 510 | 512 |
| Accumulated other comprehensive income (loss), net of tax | -51 | -40 | -54 | -43 |
| Proprietary capital | 19,168 | 18,789 | 18,511 | 17,909 |
| Liabilities and equity | 59,939 | 59,515 | 60,882 | 59,885 |
Tennessee Valley Authority (TVC)
Tennessee Valley Authority (TVC)