LR-N18-0042, Guarantees of Payment of Deferred Premiums
| ML18095A047 | |
| Person / Time | |
|---|---|
| Site: | Salem, Hope Creek  |
| Issue date: | 04/05/2018 |
| From: | Duke P Public Service Enterprise Group |
| To: | Document Control Desk, Office of Nuclear Reactor Regulation |
| References | |
| LR-N18-0042 | |
| Download: ML18095A047 (5) | |
Text
PSEG Nuclear LLC P.O. Box 236, Hancocks Bridge, New Jersey 08038-0236 APR 0 i 2018 LR -N 18-0042 U. S. Nuclear Regulatory Commission ATTN: Document Control Desk Washington, DC 20555-0001
Subject:
Salem Generating Station, Units 1 and 2 Renewed Facility Operating License Nos. DPR-70 and DPR-75 NRC Docket Nos. 50-272 and 50-311 Hope Creek Generating Station Renewed Facility Operating License No. NPF-57 NRC Docket No. 50-354 Guarantees of Payment of Deferred Premiums 0PSEG NuclearLLC 10 CFR 140.21(e)
PSEG Nuclear LLC as the licensee of the Salem Generating Station, Units 1 and 2 and the Hope Creek Generating Station, submits supporting documentation to satisfy the guarantee of payment of deferred premium requirements as provided under 10 CFR 140.21(e).
The 2017 PSEG Power LLC Consolidated Statements of Cash Flows is included as Attachment 1 to meet the requirement to provide evidence that a cash flow can be generated and would be available for payment of retrospective premiums. The 2017 PSEG Power LLC Consolidated Statements of Cash Flows is a certified financial statement extracted from the PSEG 2017 Annual Report I Form 1 0-K. The Form 1 0-K is publicly available on the internet at the following Uniform Resource Locator (URL):
https://www.sec.gov/Archives/edgar/data/81 033/000078878418000004/pseg20171 Okq4.htm There are no regulatory commitments contained in this submittal. If you have any questions or require additional information, please contact Ms. Tanya Timberman at 856-339-1426.
Sincerely, Paul R. Duke, Jr.
Manager-Licensing
Page 2 LR-N 18-0042 - PSEG Power LLC Consolidated Statements of Cash Flows cc:
Administrator, Region I, NRC Project Manager, NRC NRC Senior Resident Inspector, Salem NRC Senior Resident Inspector, Hope Creek Mr. P. Mulligan, Chief, NJBNE Corporate Commitment Tracking Coordinator Hope Creek Commitment Tracking Coordinator Salem Commitment Tracking Coordinator 10 CFR 140.21(e)
LR-N18-0042 PSEG Power LLC Consolidated Statements of Cash Flows
LR-N18-0042 PSEG POWER LLC CONSOLIDATED STATEMENTS OF CASH FLOWS Millions CASH FLOWS FROM OPERATING ACTIVITIES Netlncohle Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:
- r)2preciation an^ Alrlortization Amortization of Nuclear Fuel Provision for :befened Iilcome Taxes and lTC Interest Accretion on Asset Retirement Obligation
&etR'alized and Dnrealizeq (Q ins) toses on Energy Q()htfacts a`4 Other Derivatives Emission Allowances and Renewable Energy Credit (REC) Compliance Accrual Impa em,t Costs for Early Plant Retir6ments Non-Cash Employee Benefit Plan Costs NetRealiz!d (Gains) Losses and (Income) Expense from NUT :FUhd Net Change in Certain Current Assets and Liabilities
- Fuel, Materials and øupplies Margin Deposit Accounts Receivable Accounts Payable AcR()lints Receivable/Payable Affiliated Companies, net Other Current Assets and Liabilities E(ployee Benefit Plan Ftinding and Related Payments Other
]et Cash PrqV;ided By (tJsed In) Operatin,g Activities CASH FLOWS FROM INVESTING ACTIVITIES A,dditi,61stoProperty, PI÷ and g9,GBpken,t<
Purchase of Emissions Allowances and RECs Proc*eeds fro111 S<les of AV);tilable-for-Sale Securities Investments in Available-for-Sale Securities Short-Tetm _o@:,, Affiliat¢/1 Company Other Net Cash Provided :sy (Used In) Investing Activities CASH FLOWS FROM FINANCING ACTIVITIES I$suatice of Longú';ferm D,ebt Cash Dividend Paid Redemptidn (}f,Ron3;Term Debt Short-Term Loan-Affiliated Company Other Years Ended December 31, 2017 2016 2015
$ 479 18 856 1,268 881 291 199 203 213 (8{)7)
(2U8) 261 30 26 26 188 183 (143) 103 109 104 102
- -
28 39 48 (156)
'(26)
(38) 42 31 62 (90)
(76) 122 (45)
(71) 63 39 (22)
(46)
(2) 6 (84) 10 10 (36)
(7)
.* (af:)
(11) 47 63 18 1,326
,. 1,255 1;706 (1,21)
(1,343)
(1,117)
(117)
(99)
(106) 2,182 73\\J.*.*
1;422 (2,199)
(766)
(1,455) 87 276 221 46 46 34 (1,232)
(1,147).. *.(l,OQl) 700 (350)
(250)
(400)
(553)
(300) 281
.... <4)
(6)
(2)
LR-N18-0042 Net Cash Provided By (Used In) Financing Activities (73)
(109)
(702) 3l ' Jffi !"#$,_m:%&$5!<<'(})il\\'ii*fi+If.it,-l!., i;i;;r/01232 Y,:Z;[If\\.. ; -*g*X tWfii'V1U.T;??lS;c;;A, ;l@2,R@8!Q"::tP:. ;;O,Ni Cash and Cash Equivalents at Beginning of Period 11 12 9