Vistra Corp. (VST) FY2024 YTD Q3 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-01-01 to 2024-09-30

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Vistra Corp. cash flow reconciliation, Jan 1, 2024 through Sep 30, 2024One 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. 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.Net income → Net cash from operating activities: $2,322,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $1,891,000,000.00Margin deposits, net → Operating adjustments reconciliation: $855,000,000.00Deferred income tax expense, net → Operating adjustments reconciliation: $666,000,000.00Bad debt expense → Operating adjustments reconciliation: $132,000,000.00Asset retirement obligation accretion expense → Operating adjustments reconciliation: $84,000,000.00Stock-based compensation → Operating adjustments reconciliation: $76,000,000.00Unrealized net (gain) loss from mark-to-market valuations of interest rate swaps → Operating adjustments reconciliation: $26,000,000.00Accrued interest → Operating adjustments reconciliation: $11,000,000.00Impacts of Tax Receivable Agreement → Operating adjustments reconciliation: $5,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $888,000,000.00Operating adjustments reconciliation → Unrealized net gain from mark-to-market valuations of commodities: $1,725,000,000.00Operating adjustments reconciliation → Other operating assets and liabilities: $863,000,000.00Operating adjustments reconciliation → Unrealized net gain from nuclear decommissioning trusts: $133,000,000.00Operating adjustments reconciliation → Accrued employee incentive: $78,000,000.00Operating adjustments reconciliation → Accrued taxes: $40,000,000.00Operating adjustments reconciliation → Gain on TRA repurchase and tender offers: $10,000,000.00Operating adjustments reconciliation → Other, net: $9,000,000.00Proceeds from sales of nuclear decommissioning trust fund securities → investing reconciliation: $1,573,000,000.00Proceeds from sales of environmental allowances → investing reconciliation: $147,000,000.00Proceeds from sale of property, plant and equipment, including nuclear fuel → investing reconciliation: $137,000,000.00investing reconciliation → Energy Harbor acquisition (net of cash acquired): $3,065,000,000.00investing reconciliation → Capital expenditures, including nuclear fuel purchases and LTSA prepayments: $1,648,000,000.00investing reconciliation → Investments in nuclear decommissioning trust fund securities: $1,590,000,000.00investing reconciliation → Purchases of environmental allowances: $511,000,000.00investing reconciliation → Other, net: $2,000,000.00Net cash used in financing activities → financing reconciliation: $850,000,000.00Issuances of long-term debt → financing reconciliation: $2,200,000,000.00Borrowings under Commodity-Linked Facility → financing reconciliation: $1,802,000,000.00Net borrowings (repayments) under accounts receivable financing → financing reconciliation: $750,000,000.00Borrowings under Revolving Credit Facility → financing reconciliation: $50,000,000.00financing reconciliation → Repayments/repurchases of debt: $2,269,000,000.00financing reconciliation → Repayments under Commodity-Linked Facility: $1,802,000,000.00financing reconciliation → Stock repurchases: $1,021,000,000.00financing reconciliation → Dividends paid to common stockholders: $230,000,000.00financing reconciliation → TRA Repurchase and tender offer — return of capital: $122,000,000.00financing reconciliation → Dividends paid to preferred stockholders: $98,000,000.00financing reconciliation → Repayments under Revolving Credit Facility: $50,000,000.00financing reconciliation → Debt issuance costs: $32,000,000.00financing reconciliation → Dividends paid to noncontrolling interest in subsidiary: $15,000,000.00financing reconciliation → Other, net: $13,000,000.00Net cash used in investing activities → investing reconciliation: $4,959,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $3,539,000,000.00Net cash from operating activities → Cash sources and uses: $3,210,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $940,000,000.00Cash sources and uses → Net cash used in investing activities: $4,959,000,000.00Cash sources and uses → Net cash used in financing activities: $850,000,000.00Bad debt expense: $132,000,000.00Credit loss provision+$132.00 MGain on sale of land: $0.00Stock-based compensation: $76,000,000.00Stock-based compensation+$76.00 MOther, net: -$9,000,000.00Other non-cash items−$9.00 MDeferred income tax expense, net: $666,000,000.00Deferred taxes & credits+$666.00 MNet income: $2,322,000,000.00Net income+$2.32 BImpacts of Tax Receivable Agreement: $5,000,000.00Impacts of Tax Receivable Agreement+$5.00 MAsset retirement obligation accretion expense: $84,000,000.00Accretion expense+$84.00 MDepreciation and amortization: $1,891,000,000.00D&A and accretion+$1.89 BUnrealized net gain from mark-to-market valuations of commodities: -$1,725,000,000.00Commodity derivative gain & loss−$1.73 BUnrealized net gain from nuclear decommissioning trusts: -$133,000,000.00Decommissioning trust gain & loss−$133.00 MOther operating assets and liabilities: -$863,000,000.00Other working capital, net−$863.00 MImpairment of long-lived assets: $0.00Accrued interest: $11,000,000.00Accrued interest+$11.00 MUnrealized net (gain) loss from mark-to-market valuations of interest rate swaps: $26,000,000.00Interest rate swap gain & loss+$26.00 MMargin deposits, net: $855,000,000.00Margin deposits, net+$855.00 MGain on TRA repurchase and tender offers: -$10,000,000.00Gain on TRA repurchase and tender offers−$10.00 MAccrued taxes: -$40,000,000.00Accrued taxes−$40.00 MAccrued employee incentive: -$78,000,000.00Accrued compensation−$78.00 MNet cash from operating activities: $3,210,000,000.00Operating cash+$3.21 BOperating adjustments reconciliation: $3,746,000,000.00Stock repurchases: -$1,021,000,000.00Common stock repurchases−$1.02 BBorrowings under Revolving Credit Facility: $50,000,000.00Credit line borrowings+$50.00 MRepayments under Commodity-Linked Facility: -$1,802,000,000.00Short-term debt repaid−$1.80 BBorrowings under Commodity-Linked Facility: $1,802,000,000.00Short-term debt issued+$1.80 BIssuances of long-term debt: $2,200,000,000.00Debt issued+$2.20 BDividends paid to common stockholders: -$230,000,000.00Common dividends paid−$230.00 MDividends paid to preferred stockholders: -$98,000,000.00Preferred dividends paid−$98.00 MTRA Repurchase and tender offer — return of capital: -$122,000,000.00TRA Repurchase and tender offer — return of capital−$122.00 MDebt issuance costs: -$32,000,000.00Financing costs paid−$32.00 MRepayments/repurchases of debt: -$2,269,000,000.00Long-term debt repaid−$2.27 BNet borrowings (repayments) under accounts receivable financing: $750,000,000.00Receivables financing, net+$750.00 MOther, net: -$13,000,000.00Other financing, net−$13.00 MDividends paid to noncontrolling interest in subsidiary: -$15,000,000.00Noncontrolling dividends−$15.00 MRepayments under Revolving Credit Facility: -$50,000,000.00Credit line repayments−$50.00 MNet cash used in financing activities: -$850,000,000.00. Cash required to fund net payments.Financing cash−$850.00 Mfinancing reconciliation: $5,652,000,000.00Purchases of environmental allowances: -$511,000,000.00Intangible asset purchases−$511.00 MProceeds from sale of property, plant and equipment, including nuclear fuel: $137,000,000.00Other asset sales+$137.00 MProceeds from sales of environmental allowances: $147,000,000.00Intangible asset sales+$147.00 MEnergy Harbor acquisition (net of cash acquired): -$3,065,000,000.00Acquisitions, net of cash−$3.07 BCapital expenditures, including nuclear fuel purchases and LTSA prepayments: -$1,648,000,000.00PP&E purchases−$1.65 BInvestments in nuclear decommissioning trust fund securities: -$1,590,000,000.00Decommissioning trust purchases−$1.59 BProceeds from sales of nuclear decommissioning trust fund securities: $1,573,000,000.00Decommissioning trust sales+$1.57 BOther, net: -$2,000,000.00Other investing, net−$2.00 MNet cash used in investing activities: -$4,959,000,000.00. Cash required to fund net payments.Investing cash−$4.96 Binvesting reconciliation: $6,816,000,000.00Cash sources and uses: $6,749,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $3,539,000,000.00Beginning cash$3.54 BEnding cash: Cash, cash equivalents, and restricted cash: $940,000,000.00Ending cash$940.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$1.56 BOperating cash − cash spent on PP&ECash flow / Net income1.38×Operating cash flow ÷ net incomeNet cash change−$2.60 BEnding cash − beginning cash
Chart details

Vistra Corp. cash flow reconciliation, Jan 1, 2024 through Sep 30, 2024

Cash flows for Jan 1, 2024 through Sep 30, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2023. Ending cash: Sep 30, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2023
3,539,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
3,210,000,000 US dollars. Net cash provided.
Bad debt expense
132,000,000 US dollars
Gain on sale of land
0 US dollars
Stock-based compensation
76,000,000 US dollars
Other, net
negative 9,000,000 US dollars
Deferred income tax expense, net
666,000,000 US dollars
Net income
2,322,000,000 US dollars
Impacts of Tax Receivable Agreement
5,000,000 US dollars
Asset retirement obligation accretion expense
84,000,000 US dollars
Depreciation and amortization
1,891,000,000 US dollars
Unrealized net gain from mark-to-market valuations of commodities
negative 1,725,000,000 US dollars
Unrealized net gain from nuclear decommissioning trusts
negative 133,000,000 US dollars
Other operating assets and liabilities
negative 863,000,000 US dollars
Impairment of long-lived assets
0 US dollars
Accrued interest
11,000,000 US dollars
Unrealized net (gain) loss from mark-to-market valuations of interest rate swaps
26,000,000 US dollars
Margin deposits, net
855,000,000 US dollars
Gain on TRA repurchase and tender offers
negative 10,000,000 US dollars
Accrued taxes
negative 40,000,000 US dollars
Accrued employee incentive
negative 78,000,000 US dollars
Investing activities
negative 4,959,000,000 US dollars. Net cash used.
Purchases of environmental allowances
negative 511,000,000 US dollars
Proceeds from sale of property, plant and equipment, including nuclear fuel
137,000,000 US dollars
Proceeds from sales of environmental allowances
147,000,000 US dollars
Energy Harbor acquisition (net of cash acquired)
negative 3,065,000,000 US dollars
Capital expenditures, including nuclear fuel purchases and LTSA prepayments
negative 1,648,000,000 US dollars
Investments in nuclear decommissioning trust fund securities
negative 1,590,000,000 US dollars
Proceeds from sales of nuclear decommissioning trust fund securities
1,573,000,000 US dollars
Other, net
negative 2,000,000 US dollars
Financing activities
negative 850,000,000 US dollars. Net cash used.
Stock repurchases
negative 1,021,000,000 US dollars
Borrowings under Revolving Credit Facility
50,000,000 US dollars
Repayments under Commodity-Linked Facility
negative 1,802,000,000 US dollars
Borrowings under Commodity-Linked Facility
1,802,000,000 US dollars
Issuances of long-term debt
2,200,000,000 US dollars
Dividends paid to common stockholders
negative 230,000,000 US dollars
Dividends paid to preferred stockholders
negative 98,000,000 US dollars
TRA Repurchase and tender offer — return of capital
negative 122,000,000 US dollars
Debt issuance costs
negative 32,000,000 US dollars
Repayments/repurchases of debt
negative 2,269,000,000 US dollars
Net borrowings (repayments) under accounts receivable financing
750,000,000 US dollars
Other, net
negative 13,000,000 US dollars
Dividends paid to noncontrolling interest in subsidiary
negative 15,000,000 US dollars
Repayments under Revolving Credit Facility
negative 50,000,000 US dollars
Operating adjustment reconciliation
3,746,000,000 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 gross reconciliation
5,652,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
6,816,000,000 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 Sep 30, 2024
940,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
6,749,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 2,599,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.38×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
3,210,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
1,648,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
1,562,000,000 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 income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $888.00M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • 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: 3,210,000,000 US dollars minus 1,648,000,000 US dollars equals 1,562,000,000 US dollars.
Vistra Corp. (VST) FY2024 YTD Q3 Statement of Cash Flows Sankey chart
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