filings.toolsItem 6. SELECTED FINANCIAL DATA
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Item 6. SELECTED FINANCIAL DATA
VISTRA ENERGY CORP.
SELECTED CONSOLIDATED FINANCIAL INFORMATION
(Millions of Dollars, Except Per Share Amounts
| Successor | Predecessor | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Year Ended December 31, 2019 (a) | Year Ended December 31, 2018 (b) | Year Ended December 31, 2017 | Period from October 3, 2016 through December 31, 2016 | Period from January 1, 2016 through October 2, 2016 | Year Ended December 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating revenues | $ | 11,809 | $ | 9,144 | $ | 5,430 | $ | 1,191 | $ | 3,973 | $ | 5,370 | ||||||||||||||||||||||||||||||||||||||||||||
| Impairment of goodwill | $ | — | $ | — | $ | — | $ | — | $ | — | $ | (2,200) | ||||||||||||||||||||||||||||||||||||||||||||
| Impairment of long-lived assets | $ | — | $ | — | $ | (25) | $ | — | $ | — | $ | (2,541) | ||||||||||||||||||||||||||||||||||||||||||||
| Operating income (loss) | $ | 1,993 | $ | 491 | $ | 198 | $ | (161) | $ | 568 | $ | (4,091) | ||||||||||||||||||||||||||||||||||||||||||||
| Net income (loss) attributable to Vistra Energy/the Predecessor (c) | $ | 928 | $ | (54) | $ | (254) | $ | (163) | $ | 22,851 | $ | (4,677) | ||||||||||||||||||||||||||||||||||||||||||||
| Cash provided by (used in) operating activities | $ | 2,736 | $ | 1,471 | $ | 1,386 | $ | 81 | $ | (238) | $ | 237 | ||||||||||||||||||||||||||||||||||||||||||||
| Net income (loss) per weighted average share of common stock outstanding — basic | $ | 1.88 | $ | (0.11) | $ | (0.59) | $ | (0.38) | ||||||||||||||||||||||||||||||||||||||||||||||||
| Net income (loss) per weighted average share of common stock outstanding — diluted | $ | 1.86 | $ | (0.11) | $ | (0.59) | $ | (0.38) | ||||||||||||||||||||||||||||||||||||||||||||||||
| Dividend declared per share of common stock | $ | 0.50 | $ | — | $ | — | $ | 2.32 |
| Successor | Predecessor | |||||||||||||||||||||||||||||||||||||||||||||||||
| At December 31, | At December 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||
| 2019 | 2018 | 2017 | 2016 | |||||||||||||||||||||||||||||||||||||||||||||||
| Balance Sheet Information: | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Total assets (d)(e) | $ | 26,616 | $ | 26,024 | $ | 14,600 | $ | 15,167 | $ | 15,658 | ||||||||||||||||||||||||||||||||||||||||
| Property, plant and equipment — net (d)(e) | $ | 13,914 | $ | 14,612 | $ | 4,820 | $ | 4,443 | $ | 9,349 | ||||||||||||||||||||||||||||||||||||||||
| Goodwill and intangible assets (f) | $ | 5,301 | $ | 4,561 | $ | 4,437 | $ | 5,112 | $ | 1,331 | ||||||||||||||||||||||||||||||||||||||||
| Long-term debt including current maturities (f) | $ | 10,379 | $ | 11,065 | $ | 4,423 | $ | 4,623 | $ | 19 | ||||||||||||||||||||||||||||||||||||||||
| Short-term borrowings and accounts receivable securitization program | $ | 800 | $ | 339 | $ | — | $ | — | $ | — | ||||||||||||||||||||||||||||||||||||||||
| Borrowings under debtor-in-possession credit facility | $ | — | $ | — | $ | — | $ | — | $ | 1,425 | ||||||||||||||||||||||||||||||||||||||||
| Pre-Petition notes, loans and other debt reported as liabilities subject to compromise (f) | $ | — | $ | — | $ | — | $ | — | $ | 31,668 | ||||||||||||||||||||||||||||||||||||||||
| Total stockholders' equity/membership interests | $ | 7,959 | $ | 7,863 | $ | 6,342 | $ | 6,597 | $ | (22,884) |
(a)For the year ended December 31, 2019, reflects the results of operations acquired in the Crius and Ambit Transactions.
(b)For the year ended December 31, 2018, reflects the results of operations acquired in the Merger.
(c)For the Predecessor period from January 1, 2016 through October 2, 2016, net income includes net gains totaling $22.121 billion related to bankruptcy-related reorganization items including gains on extinguishing claims pursuant to the Plan of Reorganization.
(d)At December 31, 2018, includes assets acquired in the Merger.
(e)Reflects the impacts of impairment charges related to long-lived assets of $2.541 billion in the year ended December 31, 2015.
(f)As of December 31, 2015, includes both unsecured and under secured obligations incurred prior to the Petition Date, but excludes pre-petition obligations that were fully secured and other obligations that were allowed to be paid as ordered by the Bankruptcy Court.
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