| Balance Sheets | 2025-09-30 | |||
|---|---|---|---|---|
| Cash and cash equivalent | 1,576 | |||
| Accounts receivable, net | 2,119 | |||
| Inventories, net | 1,193 | |||
| Regulatory assets | 127 | |||
| Other current assets | 162 | |||
| Total current assets | 5,177 | |||
| Property, plant and equipment, gross | 71,574 | |||
| Less accumulated depreciation | 38,716 | |||
| Net completed plant | 32,858 | |||
| Construction in progress | 6,760 | |||
| Nuclear fuel | 1,185 | |||
| Finance lease, right-of-use-asset, after accumulated amortization | 663 | |||
| Total property, plant, and equipment, net | 41,466 | |||
| Long-term investments | 5,573 | |||
| Regulatory assets | 8,047 | |||
| Operating lease, right-of-use asset | 113 | |||
| Other long-term assets | 506 | |||
| Investments and other noncurrent assets | 8,666 | |||
| Total assets | 60,882 | |||
| Accounts payable and accrued liabilities | 3,299 | |||
| Accrued interest | 348 | |||
| Asset retirement obligation, current | 313 | |||
| Regulatory liabilities | 228 | |||
| Short-term debt, net of discounts | 0 | |||
| Total current maturities of power bonds issued at par | 1,370 | |||
| Current maturities of long-term debt of variable interest entities issued at par | 49 | |||
| Total current liabilities | 5,607 | |||
| Post-retirement and post-employment benefit obligations | 2,183 | |||
| Asset retirement obligations | 10,101 | |||
| Finance lease, liability, noncurrent | 640 | |||
| Other long-term liabilities | 1,606 | |||
| Non-current regulatory liabilities | 141 | |||
| Noncurrent liabilities other than long-term debt | 14,671 | |||
| Long-term power bonds, net | 20,461 | |||
| Long-term debt of variable interest entities, net | 1,632 | |||
| Total long-term debt, net | 22,093 | |||
| Total liabilities | 42,371 | |||
| Power program appropriation investment | 258 | |||
| Power program retained earnings | 17,797 | |||
| Total power program proprietary capital | 18,055 | |||
| Nonpower programs appropriation investment, net | 510 | |||
| Accumulated other comprehensive income (loss) | -54 | |||
| Total proprietary capital | 18,511 | |||
| Liabilities and equity | 60,882 | |||
Tennessee Valley Authority (TVC)
Tennessee Valley Authority (TVC)