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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents ($109 and $285 attributable to VIEs) $ 1,284 $ 1,252
Accounts receivable, net of allowance of $6 and $13 437 598
Margin deposits and other prepaid expense 244 193
Restricted cash, current ($53 and $57 attributable to VIEs) 193 139
Derivative assets, current 339 1,051
Inventory and other current assets 335 329
Total current assets 2,832 3,562
Property, plant and equipment, net ($4,192 and $4,313 attributable to VIEs) 13,005 13,019
Restricted cash, net of current portion ($59 and $53 attributable to VIEs) 60 55
Investments 81 80
Long-term derivative assets 98 113
Other assets 473 542
Total assets 16,549 17,371
Current liabilities:    
Accounts payable 382 435
Accrued interest payable 180 200
Debt, current portion ($39 and $41 attributable to VIEs) 115 104
Derivative liabilities, current 357 1,144
Income taxes payable 11 3
Other current liabilities 273 276
Total current liabilities 1,318 2,162
Debt, net of current portion ($2,660 and $2,522 attributable to VIEs) 10,635 10,321
Long-term derivative liabilities 293 279
Other long-term liabilities 247 245
Total liabilities 12,493 13,007
Commitments and contingencies (see Note 15)      
Stockholders’ equity:    
Preferred stock, $0.001 par value per share; authorized 100,000,000 shares, none issued and outstanding at December 31, 2012 and 2011 0 0
Common stock, $0.001 par value per share; authorized 1,400,000,000 shares, 492,495,100 shares issued and 457,048,970 shares outstanding at December 31, 2012, and 490,468,815 shares issued and 481,743,738 shares outstanding at December 31, 2011 1 1
Treasury stock, at cost, 35,446,130 and 8,725,077 shares, respectively (594) (125)
Additional paid-in capital 12,335 12,305
Accumulated deficit (7,500) (7,699)
Accumulated other comprehensive loss (248) (178)
Total Calpine stockholders’ equity 3,994 4,304
Noncontrolling interest 62 60
Total stockholders’ equity 4,056 4,364
Total liabilities and stockholders’ equity $ 16,549 $ 17,371