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Equity Method Investment (Tables)
12 Months Ended
Dec. 31, 2019
Equity Method Investments and Joint Ventures [Abstract]  
Summarized information for this equity method investee
Summarized information for these equity method investees is as follows:
 
2019
 
2018
 
2017
 
(millions)
Revenues
$
213

 
$
208

 
$
207

Operating income
$
124

 
$
129

 
$
127

Net income(a)
$
67

 
$
84

 
$
80

________________________
(a) Includes the earnings from equity method investee related to Meade's ownership interest in CPL and the related expansion subsequent to the Meade acquisition in November 2019.
 
December 31, 2019
 
December 31, 2018
 
(millions)
Current assets
$
211

 
$
133

Non-current assets(a)
$
2,853

 
$
1,298

Current liabilities(b)
$
545

 
$
561

Non-current liabilities
$
497

 
$
459

 
 
 
 
NEP's share of underlying equity in the equity method investees
$
1,668

 
$
206

Difference between investment carrying amounts and underlying equity in net assets(c)
(15
)
 
8

NEP's investment carrying amounts
$
1,653

 
$
214

________________________
(a)
For 2019, includes the equity method investment related to Meade's ownership interests in the CPL and the related expansion project.
(b)
At December 31, 2019 and 2018, approximately $479 million and $503 million, respectively, of long-term debt is reflected as current liabilities as a result of being notified by the lender of an event of default under the related financing agreement. See Note 15 - PG&E Bankruptcy.
(c)
Substantially all of the difference between the investment carrying amount and the underlying equity in net assets is being amortized over the life of the related projects.