v2.4.0.6
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2011
Summary of Significant Accounting Policies [Abstract]  
Schedule of Components of Restricted Cash
The table below represents the components of our restricted cash as of December 31, 2011 and 2010 (in millions):
 
 
2011
 
2010
 
Current
 
Non-Current
 
Total
 
Current
 
Non-Current
 
Total
Debt service(1)
$
11

 
$
42

 
$
53

 
$
44

 
$
25

 
$
69

Rent reserve

 

 

 
22

 
5

 
27

Construction/major maintenance
33

 
10

 
43

 
35

 
14

 
49

Security/project/insurance
79

 

 
79

 
75

 
7

 
82

Other
16

 
3

 
19

 
19

 
2

 
21

Total
$
139

 
$
55

 
$
194

 
$
195

 
$
53

 
$
248

___________
(1)
At both December 31, 2011 and 2010, debt service included approximately $25 million of repurchase agreements with a financial institution containing maturity dates greater than one year.
Schedule of Total Contractual Future Minimum Lease Receipts
act.
The total contractual future minimum lease receipts for these contracts are as follows (in millions
The following is a schedule by year of future minimum lease payments under capital leases and failed sale-leaseback transactions together with the present value of the net minimum lease payments as of December 31, 2011 (in millions):
 
Sale-Leaseback Transactions(1)
 
Capital Lease
 
Total
2012
$
41

 
$
40

 
$
81

2013
38

 
38

 
76

2014
26

 
39

 
65

2015
25

 
37

 
62

2016
25

 
40

 
65

Thereafter
143

 
200

 
343

Total minimum lease payments
298

 
394

 
692

Less: Amount representing interest
110

 
170

 
280

Present value of net minimum lease payments
$
188

 
$
224

 
$
412

____________
(1)
Amounts are accounted for as financing transactions under U.S. GAAP and are included in our project financing, notes payable and other amounts above.