Talen Energy Corporation (TLN) FY2026 Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-04-01 to 2026-06-30

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Talen Energy Corporation cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Calculated remaining financing cash flows are purple; remaining operating and investing bundles are gray. Their underlying inflows and outflows are not separately identified. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Remaining financing cash flows, net (calculated) → financing reconciliation: $2,597,000,000.00financing reconciliation → Net cash from financing activities: $2,397,000,000.00financing reconciliation → Share repurchases (Note 15): $198,000,000.00financing reconciliation → Other: $2,000,000.00Nuclear decommissioning trust funds investment sale proceeds (Note 6) → investing reconciliation: $74,000,000.00Other → investing reconciliation: $3,000,000.00investing reconciliation → Cornerstone Acquisition, net (Note 17): $2,568,000,000.00investing reconciliation → Property, plant and equipment expenditures (Note 7): $139,000,000.00investing reconciliation → Nuclear decommissioning trust funds investment purchases (Note 6): $83,000,000.00investing reconciliation → Nuclear fuel expenditures (Note 7): $39,000,000.00Net cash used in operating activities → operating reconciliation: $434,000,000.00Unrealized (gains) losses on derivative instruments (Note 2) → operating reconciliation: $200,000,000.00Depreciation, amortization and accretion (Note 16) → operating reconciliation: $92,000,000.00Stock-based compensation (Note 13) → operating reconciliation: $70,000,000.00Accounts payable and accrued liabilities → operating reconciliation: $43,000,000.00Accrued interest → operating reconciliation: $41,000,000.00Other (Note 16) → operating reconciliation: $31,000,000.00Nuclear fuel amortization (Note 7) → operating reconciliation: $22,000,000.00operating reconciliation → Net Income (Loss): $92,000,000.00operating reconciliation → Cash settlement of stock-based awards (Note 13): $495,000,000.00operating reconciliation → Nuclear decommissioning trust funds (gain) loss, net (excluding interest and fees) (Note 6): $120,000,000.00operating reconciliation → Accounts receivable: $97,000,000.00operating reconciliation → Deferred income taxes: $39,000,000.00operating reconciliation → Other liabilities: $34,000,000.00operating reconciliation → Collateral received (posted), net: $27,000,000.00operating reconciliation → Inventory, net: $24,000,000.00operating reconciliation → Other assets: $5,000,000.00Net cash used in investing activities → investing reconciliation: $2,752,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $1,027,000,000.00Net cash from financing activities → Cash sources and uses: $2,397,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $238,000,000.00Cash sources and uses → Net cash used in investing activities: $2,752,000,000.00Cash sources and uses → Net cash used in operating activities: $434,000,000.00Net Income (Loss): -$92,000,000.00Net Income (Loss)−$92.00 MUnrealized (gains) losses on derivative instruments (Note 2): $200,000,000.00Derivative value change+$200.00 MDepreciation, amortization and accretion (Note 16): $92,000,000.00D&A and accretion+$92.00 MNuclear decommissioning trust funds (gain) loss, net (excluding interest and fees) (Note 6): -$120,000,000.00Investment gain & loss−$120.00 MNuclear fuel amortization (Note 7): $22,000,000.00Nuclear fuel amort.+$22.00 MDeferred income taxes: -$39,000,000.00Deferred income taxes−$39.00 MStock-based compensation (Note 13): $70,000,000.00Stock-based compensation+$70.00 MOther (Note 16): $31,000,000.00Other non-cash items+$31.00 MAccounts receivable: -$97,000,000.00Accounts & other receivables−$97.00 MInventory, net: -$24,000,000.00Inventories−$24.00 MOther assets: -$5,000,000.00Other operating assets−$5.00 MAccounts payable and accrued liabilities: $43,000,000.00Payables & accrued liabilities+$43.00 MAccrued interest: $41,000,000.00Accrued interest+$41.00 MCollateral received (posted), net: -$27,000,000.00Derivative collateral, net−$27.00 MCash settlement of stock-based awards (Note 13): -$495,000,000.00Stock award cash settlements−$495.00 MOther liabilities: -$34,000,000.00Other operating liabilities−$34.00 MNet cash used in operating activities: -$434,000,000.00. Cash required to fund net payments.Operating cash−$434.00 Moperating reconciliation: $933,000,000.00Revolving credit facility borrowings (Note 10): $0.00Revolving credit facility repayments (Note 10): -$0.00Share repurchases (Note 15): -$198,000,000.00Common stock repurchases−$198.00 MOther: -$2,000,000.00Other financing, net−$2.00 MRemaining financing cash flows, net (calculated): $2,597,000,000.00Remaining financing (calculated)+$2.60 BNet cash from financing activities: $2,397,000,000.00Financing cash+$2.40 Bfinancing reconciliation: $2,597,000,000.00Property, plant and equipment expenditures (Note 7): -$139,000,000.00PP&E purchases−$139.00 MNuclear fuel expenditures (Note 7): -$39,000,000.00Nuclear fuel purchases−$39.00 MNuclear decommissioning trust funds investment purchases (Note 6): -$83,000,000.00Decommissioning trust purchases−$83.00 MNuclear decommissioning trust funds investment sale proceeds (Note 6): $74,000,000.00Decommissioning trust sales+$74.00 MCornerstone Acquisition, net (Note 17): -$2,568,000,000.00Acquisitions, net of cash−$2.57 BOther: $3,000,000.00Other investing, net+$3.00 MNet cash used in investing activities: -$2,752,000,000.00. Cash required to fund net payments.Investing cash−$2.75 Binvesting reconciliation: $2,829,000,000.00Cash sources and uses: $3,424,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $1,027,000,000.00Beginning cash$1.03 BEnding cash: Cash, cash equivalents, and restricted cash: $238,000,000.00Ending cash$238.00 MCASH RECONCILIATIONFinancingflowsInvestingflowsOperatingflowsNet loss −$92.00M − net operating adjustments $342.00M = operating cash −$434.00MFree cash flow−$573.00 MOperating cash − cash spent on PP&ECash flow / Net incomeNot meaningfulOperating cash flow ÷ net incomeNet cash change−$789.00 MEnding cash − beginning cash
Chart details

Talen Energy Corporation cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Mar 31, 2026
1,027,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
negative 434,000,000 US dollars. Net cash used.
Net Income (Loss)
negative 92,000,000 US dollars
Unrealized (gains) losses on derivative instruments (Note 2)
200,000,000 US dollars
Depreciation, amortization and accretion (Note 16)
92,000,000 US dollars
Nuclear decommissioning trust funds (gain) loss, net (excluding interest and fees) (Note 6)
negative 120,000,000 US dollars
Nuclear fuel amortization (Note 7)
22,000,000 US dollars
Deferred income taxes
negative 39,000,000 US dollars
Stock-based compensation (Note 13)
70,000,000 US dollars
Other (Note 16)
31,000,000 US dollars
Accounts receivable
negative 97,000,000 US dollars
Inventory, net
negative 24,000,000 US dollars
Other assets
negative 5,000,000 US dollars
Accounts payable and accrued liabilities
43,000,000 US dollars
Accrued interest
41,000,000 US dollars
Collateral received (posted), net
negative 27,000,000 US dollars
Cash settlement of stock-based awards (Note 13)
negative 495,000,000 US dollars
Other liabilities
negative 34,000,000 US dollars
Investing activities
negative 2,752,000,000 US dollars. Net cash used.
Property, plant and equipment expenditures (Note 7)
negative 139,000,000 US dollars
Nuclear fuel expenditures (Note 7)
negative 39,000,000 US dollars
Nuclear decommissioning trust funds investment purchases (Note 6)
negative 83,000,000 US dollars
Nuclear decommissioning trust funds investment sale proceeds (Note 6)
74,000,000 US dollars
Cornerstone Acquisition, net (Note 17)
negative 2,568,000,000 US dollars
Other
3,000,000 US dollars
Financing activities
2,397,000,000 US dollars. Net cash provided. The remaining amount is calculated by subtracting the other displayed items from the financing total. This quarter is the year to date less the prior quarter's year to date. The prior quarter reported part of this section under different lines (Deferred financing costs and Debt repayments (Note 10)), so Deferred financing costs, Tax payments related to net-settled stock-based awards (Note 13), Debt issuances (Note 10) and Debt repayments (Note 10) cannot be separated for this quarter. It may combine inflows and outflows.
Revolving credit facility borrowings (Note 10)
0 US dollars
Revolving credit facility repayments (Note 10)
0 US dollars
Share repurchases (Note 15)
negative 198,000,000 US dollars
Other
negative 2,000,000 US dollars
Remaining financing cash flows, net (calculated)
2,597,000,000 US dollars
Operating adjustment reconciliation
933,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing displayed reconciliation
2,597,000,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
investing gross reconciliation
2,829,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on Jun 30, 2026
238,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
3,424,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 789,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.
Operating cash flow
negative 434,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
139,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
negative 573,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net loss −$92.00M − net operating adjustments $342.00M = operating cash −$434.00M. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: negative 434,000,000 US dollars minus 139,000,000 US dollars equals negative 573,000,000 US dollars.
Talen Energy Corporation (TLN) FY2026 Q2 Statement of Cash Flows Sankey chart
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