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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified |
Dec. 31, 2014
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Dec. 31, 2013
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|---|---|---|
| Current assets: | ||
| Cash and cash equivalents ($229 and $242 attributable to VIEs) | $ 717us-gaap_CashAndCashEquivalentsAtCarryingValue | $ 941us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Accounts receivable, net of allowance of $4 and $5 | 648us-gaap_AccountsReceivableNetCurrent | 552us-gaap_AccountsReceivableNetCurrent |
| Inventory | 447us-gaap_InventoryNet | 364us-gaap_InventoryNet |
| Prepaid Expense and Other Assets, Current | 148us-gaap_PrepaidExpenseAndOtherAssetsCurrent | 309us-gaap_PrepaidExpenseAndOtherAssetsCurrent |
| Restricted cash, current ($106 and $100 attributable to VIEs) | 195us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue | 203us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue |
| Derivative Instruments and Hedges, Assets | 2,058us-gaap_DerivativeInstrumentsAndHedges | 445us-gaap_DerivativeInstrumentsAndHedges |
| Other current assets | 7us-gaap_OtherAssetsCurrent | 42us-gaap_OtherAssetsCurrent |
| Total current assets | 4,220us-gaap_AssetsCurrent | 2,856us-gaap_AssetsCurrent |
| Property, plant and equipment, net ($4,342 and $4,191 attributable to VIEs) | 13,190us-gaap_PropertyPlantAndEquipmentNet | 12,995us-gaap_PropertyPlantAndEquipmentNet |
| Restricted cash, net of current portion ($48 and $68 attributable to VIEs) | 49us-gaap_RestrictedCashAndCashEquivalentsNoncurrent | 69us-gaap_RestrictedCashAndCashEquivalentsNoncurrent |
| Investments in power plants | 95us-gaap_EquityMethodInvestments | 93us-gaap_EquityMethodInvestments |
| Long-term derivative assets | 439us-gaap_DerivativeInstrumentsAndHedgesNoncurrent | 105us-gaap_DerivativeInstrumentsAndHedgesNoncurrent |
| Other assets ($164 and $195 attributable to VIEs) | 385us-gaap_OtherAssetsNoncurrent | 441us-gaap_OtherAssetsNoncurrent |
| Total assets | 18,378us-gaap_Assets | 16,559us-gaap_Assets |
| Current liabilities: | ||
| Accounts payable | 580us-gaap_AccountsPayableCurrent | 462us-gaap_AccountsPayableCurrent |
| Accrued interest payable | 165us-gaap_InterestPayableCurrent | 162us-gaap_InterestPayableCurrent |
| Debt, current portion ($150 and $140 attributable to VIEs) | 199us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent | 204us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent |
| Derivative liabilities, current | 1,782us-gaap_DerivativeInstrumentsAndHedgesLiabilities | 451us-gaap_DerivativeInstrumentsAndHedgesLiabilities |
| Other current liabilities | 473us-gaap_OtherLiabilitiesCurrent | 252us-gaap_OtherLiabilitiesCurrent |
| Total current liabilities | 3,199us-gaap_LiabilitiesCurrent | 1,531us-gaap_LiabilitiesCurrent |
| Debt, net of current portion ($3,242 and $2,923 attributable to VIEs) | 11,083us-gaap_LongTermDebtAndCapitalLeaseObligations | 10,908us-gaap_LongTermDebtAndCapitalLeaseObligations |
| Long-term derivative liabilities | 444us-gaap_DerivativeInstrumentsAndHedgesLiabilitiesNoncurrent | 243us-gaap_DerivativeInstrumentsAndHedgesLiabilitiesNoncurrent |
| Other long-term liabilities | 221us-gaap_OtherLiabilitiesNoncurrent | 309us-gaap_OtherLiabilitiesNoncurrent |
| Total liabilities | 14,947us-gaap_Liabilities | 12,991us-gaap_Liabilities |
| 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, 2014 and 2013 | 0us-gaap_PreferredStockValue | 0us-gaap_PreferredStockValue |
| Common stock, $0.001 par value per share; authorized 1,400,000,000 shares, 502,287,022 shares issued and 381,921,264 shares outstanding at December 31, 2014, and 497,841,056 shares issued and 429,038,988 shares outstanding at December 31, 2013 | 1us-gaap_CommonStockValue | 1us-gaap_CommonStockValue |
| Treasury stock, at cost, 120,365,758 and 68,802,068 shares, respectively | (2,345)us-gaap_TreasuryStockValue | (1,230)us-gaap_TreasuryStockValue |
| Additional paid-in capital | 12,440us-gaap_AdditionalPaidInCapitalCommonStock | 12,389us-gaap_AdditionalPaidInCapitalCommonStock |
| Accumulated deficit | (6,540)us-gaap_RetainedEarningsAccumulatedDeficit | (7,486)us-gaap_RetainedEarningsAccumulatedDeficit |
| Accumulated other comprehensive loss | (178)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax | (160)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax |
| Total Calpine stockholders’ equity | 3,378us-gaap_StockholdersEquity | 3,514us-gaap_StockholdersEquity |
| Noncontrolling interest | 53us-gaap_MinorityInterest | 54us-gaap_MinorityInterest |
| Total stockholders’ equity | 3,431us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest | 3,568us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest |
| Total liabilities and stockholders’ equity | $ 18,378us-gaap_LiabilitiesAndStockholdersEquity | $ 16,559us-gaap_LiabilitiesAndStockholdersEquity |
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- Definition
Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount as of the balance sheet date of the asset arising from derivative instruments and hedging activities, which are expected to be converted into cash or otherwise disposed of within a year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum as of the balance sheet date of the (a) fair values of all liabilities resulting from contracts that meet the criteria of being accounted for as derivative instruments, and (b) the carrying amounts of the liabilities arising from financial instruments or contracts used to mitigate a specified risk (hedge), and which are expected to be extinguished or otherwise disposed of within a year or the normal operating cycle, if longer, net of the effects of master netting arrangements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Fair value of liability arising from contracts that meet the criteria of being accounted for as derivative instruments, financial instrument or contract used to mitigate a specified risk (hedge), energy marketing activities (trading activities), expected to be settled after one year or beyond the normal operating cycle, if longer. Examples of energy marketing activities include, but are not limited to, trading of electricity, coal, natural gas and oil using financial instruments, including, but not limited to, forward contracts, options and swaps. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount as of the balance sheet date of the assets arising from derivative contracts and hedging activities, which are expected to be converted into cash or otherwise disposed of after a year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying value as of the balance sheet date of [accrued] interest payable on all forms of debt, including trade payables, that has been incurred and is unpaid. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of long-term debt and capital lease obligation due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of long-term debt and capital leases due within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which is directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent (that is, noncontrolling interest, previously referred to as minority interest). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate carrying amount, as of the balance sheet date, of current assets not separately disclosed in the balance sheet. Current assets are expected to be realized or consumed within one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate carrying amount, as of the balance sheet date, of noncurrent assets not separately disclosed in the balance sheet. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate carrying amount of current liabilities (due within one year or within the normal operating cycle if longer) not separately disclosed in the balance sheet. Includes costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered and of liabilities not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate carrying amount, as of the balance sheet date, of noncurrent obligations not separately disclosed in the balance sheet. Noncurrent liabilities are expected to be paid after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The carrying amounts of cash and cash equivalent items which are restricted as to withdrawal or usage. Restrictions may include legally restricted deposits held as compensating balances against short-term borrowing arrangements, contracts entered into with others, or entity statements of intention with regard to particular deposits; however, time deposits and short-term certificates of deposit are not generally included in legally restricted deposits. Excludes compensating balance arrangements that are not agreements which legally restrict the use of cash amounts shown on the balance sheet. For a classified balance sheet represents the current portion only (the noncurrent portion has a separate concept); there is a separate and distinct element for unclassified presentations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Cash and equivalents whose use in whole or in part is restricted for the long-term, generally by contractual agreements or regulatory requirements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The amount allocated to treasury stock. Treasury stock is common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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