Company: TVC
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001376986-25-000044
Chunk: 152

Company: Tennessee Valley Authority
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 1
Chunk 152
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 power bonds(1,022)(22)Redemptions of debt of variable interest entities (23)(17)Short-term debt issuance (redemptions), net(847)678 Payments on leases and leasebacks(50)(46)Financing costs, net(25)— Other, net(4)14 Net cash provided by financing activities1,551 607 Net change in cash, cash equivalents, and restricted cash(1)— Cash, cash equivalents, and restricted cash at beginning of period523 521 Cash, cash equivalents, and restricted cash at end of period$522 $521 Note(1)  Includes amortization of debt issuance costs and premiums/discounts.The accompanying notes are an integral part of these consolidated financial statements.

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TENNESSEE VALLEY AUTHORITY

CONSOLIDATED STATEMENTS OF CHANGES IN PROPRIETARY CAPITAL (Unaudited)

For the Three Months Ended June 30, 2025 and 2024

(in millions)

 Power Program Appropriation Investment Power Program Retained EarningsNonpower Programs Appropriation Investment, NetAccumulatedOtherComprehensiveIncome (Loss)  TotalBalance at March 31, 2024$258 $15,736 $521 $(26)$16,489 Net income (loss)— 182 (1)— 181 Total other comprehensive loss— — — (6)(6)Return on power program appropriation investment— (1)— — (1)Balance at June 30, 2024$258 $15,917 $520 $(32)$16,663 Balance at March 31, 2025$258 $16,970 $514 $(52)$17,690 Net income (loss)— 214 (2)— 212 Total other comprehensive income— — — 9 9 Return on power program appropriation investment— (2)— — (2)Balance at June 30, 2025$258 $17,182 $512 $(43)$17,909 The accompanying notes are an integral part of these consolidated financial statements.

TENNESSEE VALLEY AUTHORITY

CONSOLIDATED STATEMENTS OF CHANGES IN PROPRIETARY CAPITAL (Unaudited)

For the Nine