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Consolidated Condensed Statements of Operations (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Operating revenues:        
Commodity revenue $ 1,766 $ 1,539 $ 3,814 $ 2,847
Mark to Market Gain (Loss) 169 31 83 (40)
Other revenue 4 2 7 6
Operating revenues 1,939 1,572 3,904 2,813
Operating expenses:        
Commodity expense 1,106 998 2,476 1,833
Mark to Market (Gain) Loss 28 2 15 (12)
Fuel and purchased energy expense 1,134 1,000 2,491 1,821
Plant operating expense 274 257 539 484
Depreciation and amortization expense 147 145 300 291
Sales, general and other administrative expense 38 36 71 69
Other operating expenses 21 20 43 38
Total operating expenses 1,614 1,458 3,444 2,703
(Income) from unconsolidated investments in power plants (4) (8) (13) (16)
Income from operations 329 122 473 126
Interest expense 169 170 335 346
Interest (income) (2) (1) (3) (3)
Debt extinguishment costs 0 68 1 68
Other (income) expense, net 6 3 16 8
Income (loss) before income taxes 156 (118) 124 (293)
Income tax expense (benefit) 15 (48) (4) (98)
Net income (loss) 141 (70) 128 (195)
Net income attributable to the noncontrolling interest (2) 0 (6) 0
Net income (loss) attributable to Calpine $ 139 $ (70) $ 122 $ (195)
Basic earnings (loss) per common share attributable to Calpine:        
Weighted average shares of common stock outstanding (in thousands) 416,507 447,558 418,296 449,620
Net income (loss) per common share attributable to Calpine — basic $ 0.33 $ (0.16) $ 0.29 $ (0.43)
Diluted earnings (loss) per common share attributable to Calpine:        
Weighted average shares of common stock outstanding (in thousands) 421,348 447,558 422,697 449,620
Net income (loss) per common share attributable to Calpine — diluted $ 0.33 $ (0.16) $ 0.29 $ (0.43)