The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income before income taxes | 1,123 | 3,467 | 2,000 | -1,560 |
| Total | 179 | 655 | 508 | -350 |
| Total reportable segment net income (loss) | 944 | 2,812 | 1,492 | -1,210 |
| Depreciation and amortization | 2,950 | 2,631 | 1,956 | 2,047 |
| Deferred income tax expense (benefit), net | 136 | 607 | 457 | -359 |
| Gain on sale of land | 0 | 0 | 95 | - |
| Impairment of long-lived and other assets | 228 | 0 | 49 | 74 |
| Loss on disposal of investment in nelp | - | - | - | 0 |
| Unrealized net (gain) loss from mark-to-market valuations of commodities | -808 | 1,155 | 490 | -2,510 |
| Unrealized net (gain) loss from mark-to-market valuations of interest rate swaps | -67 | 53 | -36 | 250 |
| Unrealized net gain from nuclear decommissioning trusts | 138 | 116 | - | - |
| Change in asset retirement obligation liability | -20 | 38 | 27 | 13 |
| Asset retirement obligation accretion expense | 134 | 114 | 34 | 34 |
| Impacts of tax receivable agreement | -2 | 5 | 164 | 128 |
| Gain on tra settlement | - | - | 29 | - |
| Gain on tra repurchase and tender offers | 0 | 10 | - | - |
| Bad debt expense | 201 | 183 | 164 | 179 |
| Stock-based compensation expense | 113 | 100 | 77 | 63 |
| Involuntary conversion gain | 120 | - | - | - |
| Other, net | 47 | 89 | -103 | 79 |
| Accounts receivable trade | 528 | 242 | -214 | 852 |
| Inventories | 3 | 31 | 174 | -36 |
| Accounts payable trade | 16 | 19 | -350 | 94 |
| Commodity and other derivative contractual assets and liabilities | 102 | 175 | -82 | 228 |
| Margin deposits, net | 769 | -842 | -1,899 | 1,874 |
| Uplift securitization proceeds receivable from ercot | - | 0 | 0 | -544 |
| Accrued interest | -4 | -18 | 46 | 16 |
| Accrued taxes | 27 | -1 | 5 | -8 |
| Accrued employee incentive | -40 | 8 | 58 | 21 |
| Tax receivable agreement payment | - | - | - | 1 |
| Asset retirement obligation settlement | 96 | 88 | 81 | 87 |
| Major plant outage deferral | -7 | 91 | 32 | -20 |
| Other net assets | -88 | 616 | -84 | 17 |
| Other net liabilities | 220 | -111 | -243 | -329 |
| Cash provided by operating activities | 4,070 | 4,563 | 5,453 | 485 |
| Capital expenditures, including nuclear fuel purchases and ltsa prepayments | 2,752 | 2,078 | 1,676 | 1,301 |
| Acquisition (net of cash acquired)-Lotus Acquisition | 1,140 | - | - | - |
| Energy harbor acquisition (net of cash acquired) | - | 3,065 | - | - |
| Acquisition (net of cash acquired)-Energy Harbor | 0 | - | - | - |
| Proceeds from sales of nuclear decommissioning trust fund securities | 5,153 | 2,216 | 601 | 670 |
| Investments in nuclear decommissioning trust fund securities | 5,177 | 2,239 | 624 | 693 |
| Proceeds from sales of environmental allowances | 275 | 773 | 500 | 1,275 |
| Purchases of environmental allowances | 1,189 | 1,226 | 1,071 | 1,303 |
| Insurance proceeds for recovery of damaged property, plant, and equipment | 325 | - | 15 | 39 |
| Proceeds from sales of property, plant, and equipment, including nuclear fuel | 119 | 196 | 115 | 21 |
| Proceeds from sale of nuclear fuel | - | - | - | 57 |
| Proceeds from sales of transferable itcs | 0 | 150 | - | - |
| Other, net | 10 | 3 | 5 | 4 |
| Cash used in investing activities | -4,396 | -5,276 | -2,145 | -1,239 |
| Issuances of preferred stock | - | - | 0 | 0 |
| Issuances of long-term debt | - | - | 2,498 | 1,498 |
| Repayments/repurchases of debt | - | - | 33 | 251 |
| Borrowings under term loan a | - | - | 0 | 0 |
| Repayment under term loan a | - | - | 0 | 0 |
| Issuances of debt | 2,506 | 3,817 | - | - |
| Proceeds from forward capacity agreement | - | - | 0 | 0 |
| Repayments/repurchases of debt | 2,584 | 2,287 | - | - |
| Net borrowings/(repayments) under accounts receivable financing | - | - | -425 | 425 |
| Net borrowings (repayments) under accounts receivable financing | 475 | 750 | - | - |
| Borrowings under revolving credit facility | 530 | 50 | 100 | 1,750 |
| Repayments under revolving credit facility | 150 | 50 | 350 | 1,500 |
| Borrowings under commodity-linked facility | 2,507 | 1,802 | 0 | 3,150 |
| Repayments under commodity-linked facility | 1,087 | 1,802 | 400 | 2,750 |
| Debt issuance costs | 23 | 76 | 59 | 31 |
| Stock repurchases | 1,028 | 1,266 | 1,245 | 1,949 |
| Dividends paid to common stockholders | 306 | 305 | 313 | 302 |
| Dividends paid to preferred stockholders | 192 | 173 | 150 | 151 |
| Dividends paid to noncontrolling and redeemable noncontrolling interest holders | 0 | 180 | - | - |
| Payment for acquisition of noncontrolling interest | 0 | 1,748 | - | - |
| Principal payment on forward repurchase obligation | 703 | - | - | - |
| Tra repurchase and tender offer return of capital | 0 | 122 | - | - |
| Other, net | -19 | -14 | 83 | 31 |
| Cash used in financing activities | -74 | -1,604 | -294 | -80 |
| Net change in cash, cash equivalents and restricted cash | - | - | - | -834 |
| Net change in cash, cash equivalents, and restricted cash (current and noncurrent) | -400 | -2,317 | 3,014 | - |
| Cash, cash equivalents, and restricted cash (current and noncurrent) beginning balance | 1,222 | 3,539 | 525 | 1,359 |
| Cash, cash equivalents, and restricted cash (current and noncurrent) ending balance | 822 | 1,222 | 3,539 | 525 |
Vistra Corp. (VST)
Vistra Corp. (VST)