CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Current Assets:
Cash and cash equivalents	$ 39	$ 37
Restricted funds held in trust	10	18
Receivables (less allowances of $6 and $9, respectively)	231	240
Prepaid expenses and other current assets	103	105
Total Current Assets	383	400
Property, plant and equipment, net	2,431	2,451
Restricted funds held in trust	8	8
Intangible assets, net	247	258
Goodwill	302	321
Other assets	285	277
Total Assets	3,656	3,715
Current Liabilities:
Current portion of long-term debt	18	17
Current portion of project debt	9	8
Accounts payable	71	36
Accrued Liabilities, Current	282	292
Total Current Liabilities	380	353
Long-term debt	2,387	2,366
Project debt	119	125
Deferred income taxes	360	372
Other liabilities	130	123
Total Liabilities	3,376	3,339
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 132 shares)	14	14
Additional paid-in capital	867	857
Accumulated other comprehensive loss	(51)	(35)
Accumulated deficit	(550)	(460)
Treasury stock, at par	0	0
Total equity	280	376
Total Liabilities and Equity	$ 3,656	$ 3,715