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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents ($76 and $229 attributable to VIEs) $ 659 $ 717
Accounts receivable, net of allowance of $2 and $4 581 648
Inventories 470 447
Margin deposits and other prepaid expense 204 148
Restricted cash, current ($158 and $106 attributable to VIEs) 246 195
Derivative assets, current 1,429 2,058
Other current assets 9 7
Total current assets 3,598 4,220
Property, plant and equipment, net ($4,090 and $4,342 attributable to VIEs) 12,984 13,190
Restricted cash, net of current portion ($28 and $48 attributable to VIEs) 29 49
Investments in power plants 77 95
Long-term derivative assets 718 439
Assets Held-for-sale, Not Part of Disposal Group 130 0
Other assets ($161 and $164 attributable to VIEs) 362 385
Total assets 17,898 18,378
Current liabilities:    
Accounts payable 446 580
Accrued interest payable 137 165
Debt, current portion ($149 and $150 attributable to VIEs) 199 199
Derivative liabilities, current 1,334 1,782
Other current liabilities 307 473
Total current liabilities 2,423 3,199
Debt, net of current portion ($3,147 and $3,242 attributable to VIEs) 11,465 11,083
Long-term derivative liabilities 501 444
Other long-term liabilities 298 221
Total liabilities $ 14,687 $ 14,947
Commitments and contingencies (see Note 11)
Stockholders’ equity:    
Preferred stock, $0.001 par value per share; authorized 100,000,000 shares, none issued and outstanding $ 0 $ 0
Common stock, $0.001 par value per share; authorized 1,400,000,000 shares, 504,629,876 and 502,287,022 shares issued, respectively, and 357,831,952 and 381,921,264 shares outstanding, respectively 1 1
Treasury stock, at cost, 146,797,924 and 120,365,758 shares, respectively (2,867) (2,345)
Additional paid-in capital 12,470 12,440
Accumulated deficit (6,258) (6,540)
Accumulated other comprehensive loss (193) (178)
Total Calpine stockholders’ equity 3,153 3,378
Noncontrolling interest 58 53
Total stockholders’ equity 3,211 3,431
Total liabilities and stockholders’ equity $ 17,898 $ 18,378