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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 65 $ 58
Restricted funds held in trust 25 39
Receivables (less allowances of $8 and $8, respectively) 307 338
Prepaid expenses and other current assets 78 64
Total Current Assets 475 499
Property, plant and equipment, net 2,465 2,514
Restricted funds held in trust 8 8
Intangible assets, net 263 279
Goodwill 321 321
Other assets 266 222
Total Assets 3,798 3,843
Current Liabilities:    
Current portion of long-term debt 16 15
Current portion of project debt 8 19
Accounts payable 63 76
Accrued Liabilities, Current 252 333
Total Current Liabilities 339 443
Long-term debt 2,457 2,327
Project debt 126 133
Deferred income taxes 372 378
Other liabilities 127 75
Total Liabilities 3,421 3,356
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 136 shares, outstanding 131 shares) 14 14
Additional paid-in capital 853 841
Accumulated other comprehensive loss (51) (33)
Accumulated deficit (439) (334)
Treasury stock, at par 0 (1)
Total equity 377 487
Total Liabilities and Equity $ 3,798 $ 3,843