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Consolidated Statements of Operations (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Operating revenues:        
Commodity revenue $ 1,539 $ 1,177 $ 2,847 $ 2,389
Unrealized mark-to-market gain (loss) 31 (302) (40) (280)
Other revenue 2 4 6 6
Operating revenues 1,572 879 2,813 2,115
Operating expenses:        
Commodity expense 998 570 1,833 1,261
Unrealized mark-to-market (gain) loss 2 44 (12) (12)
Fuel and purchased energy expense 1,000 614 1,821 1,249
Plant operating expense 257 271 484 492
Depreciation and amortization expense 145 138 291 278
Sales, general and other administrative expense 36 35 69 68
Other operating expenses 20 19 38 40
Total operating expenses 1,458 1,077 2,703 2,127
(Income) from unconsolidated investments in power plants (8) (5) (16) (14)
Income (loss) from operations 122 (193) 126 2
Interest expense 170 184 346 369
Loss on interest rate derivatives 0 0 0 14
Interest (income) (1) (2) (3) (5)
Debt extinguishment costs 68 0 68 12
Other (income) expense, net 3 6 8 8
Income (loss) before income taxes (118) (381) (293) (396)
Income tax benefit (48) (52) (98) (58)
Net loss (70) (329) (195) (338)
Net income attributable to the noncontrolling interest 0 0 0 0
Net loss attributable to Calpine $ (70) $ (329) $ (195) $ (338)
Basic and diluted loss per common share attributable to Calpine:        
Weighted average shares of common stock outstanding (in thousands) 447,558 471,444 449,620 474,775
Net loss per common share attributable to Calpine — basic and diluted $ (0.16) $ (0.69) $ (0.43) $ (0.71)