v3.3.1.900
Acquisitions, Divestitures and Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2015
Six Power Plants Disposed [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
The following table summarizes the consideration paid for the Champion Energy acquisition and the preliminary determination of the identifiable assets acquired and liabilities assumed at the October 1, 2015 acquisition date (in millions):
Consideration
$
296

 
 
Identifiable assets acquired and liabilities assumed:
 
Assets:
 
Current assets
$
240

Property, plant and equipment, net
5

Intangible assets(1)
575

Other long-term assets
46

Total assets acquired
866

Liabilities:
 
Current liabilities
396

Long-term liabilities
174

Total liabilities assumed
570

Net assets acquired
$
296

____________
(1) The intangible assets are recorded in other assets on our Consolidated Balance Sheet and consist primarily of acquired customer contracts, which are being amortized over various contract terms, and customer relationships and trade name which are being amortized over seven and 15 years, respectively. For the year ended December 31, 2015, we recorded amortization expense of $71 million related to these intangible assets.
Six power plants disposed of [Table Text Block]
The six power plants included in the transaction are as follows:
Plant Name
 
Plant Capacity
 
Location
Oneta Energy Center
 
1,134

MW
 
Coweta, OK
Carville Energy Center(1)
 
501

MW
 
St. Gabriel, LA
Decatur Energy Center
 
795

MW
 
Decatur, AL
Hog Bayou Energy Center
 
237

MW
 
Mobile, AL
Santa Rosa Energy Center
 
225

MW
 
Pace, FL
Columbia Energy Center(1)
 
606

MW
 
Calhoun County, SC
Total
 
3,498

MW
 
 
___________
(1)
Indicates combined-cycle cogeneration power plant.