v2.4.0.6
Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents ($285 and $345 attributable to VIEs) $ 1,252 $ 1,327
Accounts receivable, net of allowance of $13 and $2 598 669
Margin deposits and other prepaid expense 193 221
Restricted cash, current ($57 and $177 attributable to VIEs) 139 195
Derivative assets, current 1,051 725
Inventory and other current assets 329 292
Total current assets 3,562 3,429
Property, plant and equipment, net ($4,313 and $6,602 attributable to VIEs) 13,019 12,978
Restricted cash, net of current portion ($53 and $52 attributable to VIEs) 55 53
Investments 80 80
Long-term derivative assets 113 170
Other assets 542 546
Total assets 17,371 17,256
Current liabilities:    
Accounts payable 435 514
Accrued interest payable 200 132
Debt, current portion ($41 and $132 attributable to VIEs) 104 152
Derivative liabilities, current 1,144 718
Income taxes payable 3 5
Other current liabilities 276 268
Total current liabilities 2,162 1,789
Debt, net of current portion ($2,522 and $4,069 attributable to VIEs) 10,321 10,104
Deferred income tax liability, net of current 0 77
Long-term derivative liabilities 279 370
Other long-term liabilities 245 247
Total liabilities 13,007 12,587
Commitments and contingencies (see Note 15)      
Stockholders’ equity:    
Preferred stock, $0.001 par value per share; authorized 100,000,000 shares, none issued and outstanding at December 31, 2011 and 2010 0 0
Common stock, $0.001 par value per share; authorized 1,400,000,000 shares, 490,468,815 shares issued and 481,743,738 shares outstanding at December 31, 2011, and 444,883,356 shares issued and 444,435,198 shares outstanding at December 31, 2010 1 1
Treasury stock, at cost, 8,725,077 and 448,158 shares, respectively (125) (5)
Additional paid-in capital 12,305 12,281
Accumulated deficit (7,699) (7,509)
Accumulated other comprehensive loss (178) (125)
Total Calpine stockholders’ equity 4,304 4,643
Noncontrolling interest 60 26
Total stockholders’ equity 4,364 4,669
Total liabilities and stockholders’ equity $ 17,371 $ 17,256