CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Current Assets:
Cash and cash equivalents	$ 113	$ 94
Restricted funds held in trust	62	77
Receivables (less allowances)	299	312
Prepaid expenses and other current assets	73	114
Assets held for sale	0	97
Total Current Assets	547	694
Property, Plant and Equipment, Net	2,997	2,690
Restricted funds held in trust	57	83
Waste, service and energy contracts, net	269	284
Other intangible assets, net	35	38
Goodwill	303	301
Other assets	67	121
Total Assets	4,275	4,211
Current Liabilities:
Current portion of long-term debt	9	8
Current portion of project debt	23	16
Accounts payable	52	90
Accrued expenses and other current liabilities	234	234
Liabilities held for sale	0	23
Total Current Liabilities	318	371
Long-term debt	2,286	2,255
Project debt	381	159
Deferred income taxes	595	595
Waste and service contracts	8	13
Other liabilities	187	178
Total Liabilities	3,775	3,571
Commitments and Contingencies (Note 12)
Covanta Holding Corporation stockholders' equity:
Preferred stock ($0.10 par value; authorized 10 shares; none issued and outstanding)	0	0
Common stock ($0.10 par value; authorized 250 shares; issued; outstanding)	14	14
Additional paid-in capital	804	801
Accumulated other comprehensive (loss) income	(53)	(34)
Accumulated deficit	(264)	(143)
Treasury Stock, Value	1	0
Total Covanta Holding Corporation stockholders' equity	500	638
Noncontrolling interests in subsidiaries	0	2
Total Equity	500	640
Total Liabilities and Equity	$ 4,275	$ 4,211