Selected financial data for the years ended September 30 (dollar values are in millions)
| 2014 | 2009 | 2004 | |
|---|---|---|---|
| Revenues and expenditures | |||
| Sales (millions of kWh) | 158,057 | 163,804 | 165,858 |
| Peak load (MW) | 33,352 | 32,572 | NA |
| Operating revenues | $11,137 | $11,255 | $7,439 |
| Total fuel & purchased power expense | $3,824 | $4,745 | $2,081 |
| Fuel expense | $2,730 | $3,114 | $1,309 |
| Coal | $1,873 | $2,127 | $1,254 |
| Natural gas | $531 | $129 | $22 |
| Fuel oil | $48 | $38 | $17 |
| Nuclear fuel | $307 | $267 | $16 |
| Purchased power expense | $1,094 | $1,631 | $772 |
| Operating and maintenance expense | $3,341 | $2,395 | $2,339 |
| Depreciation and amortization | $1,843 | $1,598 | $1,115 |
| Payments in lieu of taxes (equivalents) | $540 | $540 | $340 |
| Total operating expenses | $9,548 | $11,356 | $7,462 |
| Net interest expense | $1,169 | $1,272 | $1,310 |
| Total expenses | $10,717 | $10,550 | $7,185 |
| Construction expenditures | $2,384 | $1,793 | $1,552 |
| Net income | $469 | $726 | $386 |
| Financial obligations | |||
| Employment | 11,542 | 12,219 | 12,742 |
| Pension obligations at end of year | $12,265 | NA | NA |
| Fair value of net fund assets at end of year | $7,507 | NA | NA |
| Total assets | $45,596 | $40,017 | $34,280 |
| Long-term debt | $23,227 | $22,728 | $20,480 |
| Total debt | $24,887 | $22,640 | NA |
| Current liabilities | $4,449 | $4,525 | $5,511 |
| Noncurrent liabilities | $35,043 | $31,374 | $26,505 |
| Total liabilities | $39,492 | $35,799 | $32,016 |
| Proprietary capital | $6,104 | $4,218 | $2,264 |
| Power program appropriation investment | $258 | NA | NA |
| Power program retained earnings | $5,240 | NA | NA |
| Nonpower programs appropriation investment net | $601 | NA | NA |
| Total liabilities and proprietary capital | $45,596 | $40,017 | $34,280 |
Sources: TVA (2014b); EPB (2012, 2014)