Variable Interest Entities And Unconsolidated Investments (Tables)

6 Months Ended

Jun. 30, 2011

Variable Interest Entities and Unconsolidated Investments [Abstract]

Equity method investments table

	Ownership Interest as of June 30, 2011			June 30, 2011(1)		December 31, 2010
Greenfield LP		50	%	$	79	$	77
Whitby		50	%		5		3
Total investments				$	84	$	80

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(1) Our risk of loss related to our unconsolidated VIEs is limited to our investment balance. While we also could be responsible for our pro rata portion of debt, holders of the debt of our unconsolidated investments do not have recourse to Calpine Corporation and its other subsidiaries. The debt of our unconsolidated investments is not reflected on our Consolidated Condensed Balance Sheets. At June 30, 2011, and December 31, 2010, equity method investee debt was approximately $514 million and $494 million, respectively, and based on our pro rata share of each of the investments, our share of such debt would be approximately $257 million and $247 million at June 30, 2011 and December 31, 2010, respectively.

Equity earnings table

	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
Greenfield LP	$	4		$	(3	)	$	(1	)	$	(7	)
Whitby		(2	)		(3	)		(6	)		(6	)
Total	$	2		$	(6	)	$	(7	)	$	(13	)