v3.3.1.900
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents ($118 and $229 attributable to VIEs) $ 906 $ 717
Accounts receivable, net of allowance of $2 and $4 644 648
Inventories 475 447
Margin deposits and other prepaid expense 137 148
Restricted cash, current ($132 and $106 attributable to VIEs) 216 195
Derivative assets, current 1,698 2,058
Other current assets 19 7
Total current assets 4,095 4,220
Property, plant and equipment, net ($4,062 and $4,342 attributable to VIEs) 13,012 13,190
Restricted cash, net of current portion ($11 and $48 attributable to VIEs) 12 49
Investments in power plants 79 95
Long-term derivative assets 313 439
Long-term assets held for sale 130 0
Other assets ($166 and $164 attributable to VIEs) 1,192 385
Total assets 18,833 18,378
Current liabilities:    
Accounts payable 552 580
Accrued interest payable 129 165
Debt, current portion ($166 and $150 attributable to VIEs) 221 199
Derivative liabilities, current 1,734 1,782
Other current liabilities 412 473
Total current liabilities 3,048 3,199
Debt, net of current portion ($3,143 and $3,242 attributable to VIEs) 11,868 11,083
Long-term derivative liabilities 473 444
Other long-term liabilities 277 221
Total liabilities 15,666 14,947
Stockholders’ equity:    
Preferred stock, $0.001 par value per share; authorized 100,000,000 shares, none issued and outstanding at December 31, 2015 and 2014 0 0
Common stock, $0.001 par value per share; authorized 1,400,000,000 shares, 356,755,747 shares issued and 356,662,004 shares outstanding at December 31, 2015, and 502,287,022 shares issued and 381,921,264 shares outstanding at December 31, 2014 0 1
Treasury stock, at cost, 93,743 and 120,365,758 shares, respectively (1) (2,345)
Additional paid-in capital 9,594 12,440
Accumulated deficit (6,305) (6,540)
Accumulated other comprehensive loss (179) (178)
Total Calpine stockholders’ equity 3,109 3,378
Noncontrolling interest 58 53
Total stockholders’ equity 3,167 3,431
Total liabilities and stockholders’ equity $ 18,833 $ 18,378