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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating revenues:      
Commodity revenue $ 9,865 $ 8,836 $ 6,943
Mark to Market Gain Loss on Derivatives included in Operating Revenues (373) (101) (245)
Other revenue 20 17 18
Operating revenues [1] 9,512 8,752 6,716
Operating expenses:      
Commodity expense 6,914 6,268 4,431
Mark to Market Gain Loss on Derivatives Included in Fuel and Purchased Energy Expense (165) 70 (244)
Fuel and purchased energy expense 6,749 6,338 4,187
Operating and maintenance expense 1,020 1,080 977
Depreciation and amortization expense 739 724 662
General and other administrative expense 158 155 140
Other operating expenses 98 85 79
Total operating expenses 8,764 8,382 6,045
Impairment losses 10 41 13
(Gain) on sale of assets, net 0 (27) (157)
(Income) from unconsolidated subsidiaries (24) (22) (24)
Income from operations 762 378 839
Interest expense 617 621 631
(Gain) loss on extinguishment of debt (28) 38 25
Other (income) expense, net 81 32 24
Income before income taxes 92 (313) 159
Income tax expense 64 8 48
Net income (loss) 28 (321) 111
Net income attributable to the noncontrolling interest (18) (18) (19)
Net income (loss) attributable to Calpine $ 10 $ (339) $ 92
[1] Includes intersegment revenues of $488 million, $324 million and $20 million in the West, $573 million, $361 million and $81 million in Texas, $234 million, $237 million and $48 million in the East and $4 million, $4 million, $2 million in Retail for the years ended December 31, 2018, 2017 and 2016, respectively.