For the quarter ending 2025-12-31, TVE had -$1,075M decrease in cash & cash equivalents over the period. -$814M in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) | 266 |
| Depreciation and amortization (including amortization of debt issuance costs and premiums/discounts) | 577 |
| Amortization of nuclear fuel cost | 90 |
| Non-cash retirement benefit expense | 31 |
| Reg asset amortization | 59 |
| Accounts receivable, net | -211 |
| Inventories and other current assets, net | 69 |
| Accounts payable and accrued liabilities | -424 |
| Accrued interest | -13 |
| Pension contributions | 75 |
| Asset retirement obligation, cash paid to settle | 84 |
| Other, net | 121 |
| Net cash provided by operating activities | 330 |
| Construction expenditures | 1,144 |
| Nuclear fuel expenditures | 141 |
| Payments to acquire assets, investing activities | 4 |
| Repayments | 1 |
| Other, net | -80 |
| Net cash used in investing activities | -1,208 |
| Proceeds from issuance of debt | 0 |
| Redemptions and repurchases of power bonds | 1,350 |
| Repayments of other long-term debt | 5 |
| Short-term debt issues (redemptions), net | 1,171 |
| Finance lease, principal payments | 13 |
| Payments of financing costs | 0 |
| Other, net | 0 |
| Net cash provided by (used in) financing activities | -197 |
| Cash, cash equivalents, restricted cash and restricted cash equivalents, period increase (decrease), including exchange rate effect | -1,075 |
| Cash and cash equivalents at beginning of period | 1,597 |
| Cash and cash equivalents at end of period | 522 |
Tennessee Valley Authority (TVE)
Tennessee Valley Authority (TVE)