v3.2.0.727
Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents ($254 and $229 attributable to VIEs) $ 422 $ 717
Accounts receivable, net of allowance of $3 and $4 595 648
Inventories 477 447
Margin deposits and other prepaid expense 152 148
Restricted cash, current ($93 and $106 attributable to VIEs) 162 195
Derivative assets, current 1,607 2,058
Other current assets 32 7
Total current assets 3,447 4,220
Property, plant and equipment, net ($4,260 and $4,342 attributable to VIEs) 13,147 13,190
Restricted cash, net of current portion ($47 and $48 attributable to VIEs) 48 49
Investments in power plants 87 95
Long-term derivative assets 637 439
Other assets ($172 and $164 attributable to VIEs) 391 385
Total assets 17,757 18,378
Current liabilities:    
Accounts payable 443 580
Accrued interest payable 133 165
Debt, current portion ($148 and $150 attributable to VIEs) 198 199
Derivative liabilities, current 1,407 1,782
Other current liabilities 355 473
Total current liabilities 2,536 3,199
Debt, net of current portion ($3,168 and $3,242 attributable to VIEs) 11,493 11,083
Long-term derivative liabilities 453 444
Other long-term liabilities 274 221
Total liabilities $ 14,756 $ 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, 504,252,268 and 502,287,022 shares issued, respectively, and 361,150,393 and 381,921,264 shares outstanding, respectively 1 1
Treasury stock, at cost, 143,101,875 and 120,365,758 shares, respectively (2,810) (2,345)
Additional paid-in capital 12,463 12,440
Accumulated deficit (6,531) (6,540)
Accumulated other comprehensive loss (179) (178)
Total Calpine stockholders’ equity 2,944 3,378
Noncontrolling interest 57 53
Total stockholders’ equity 3,001 3,431
Total liabilities and stockholders’ equity $ 17,757 $ 18,378