v3.19.2

Leases (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2019
Leases [Abstract] |
Lease, Cost [Table Text Block] | The components of our operating and finance lease expense are as follows for the three and six months ended June 30, 2019 (in millions):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2019 |  | 2019
Operating Leases |  |  |
Operating lease expense | $ | 12 |  |  | $ | 23 |
Finance Leases |  |  |
Amortization of the right-of-use assets | $ | 1 |  |  | $ | 4 |
Interest expense | 2 |  |  | 4 |
Finance lease expense | $ | 3 |  |  | $ | 8 |
Variable lease expense | $ | 4 |  |  | $ | 5 |
Total lease expense | $ | 19 |  |  | $ | 36 |
Lessee, Operating Lease, Liability, Maturity [Table Text Block] | The following is a schedule by year of future minimum lease payments associated with our operating and finance leases together with the present value of the net minimum lease payments as of June 30, 2019 (in millions):
| Operating Leases(1)(2) |  | Finance Leases(2)(3)
2019 | $ | 39 |  |  | $ | 8 |
2020 | 20 |  |  | 16 |
2021 | 21 |  |  | 16 |
2022 | 19 |  |  | 16 |
2023 | 18 |  |  | 19 |
Thereafter | 201 |  |  | 33 |
Total minimum lease payments | 318 |  |  | 108 |
Less: Amount representing interest | 108 |  |  | 30 |
Total lease obligation | 210 |  |  | 78 |
Less: current lease obligation | 39 |  |  | 10 |
Long-term lease obligation | $ | 171 |  |  | $ | 68 |
____________
(1) | The lease liabilities associated with our operating leases as of June 30, 2019 are included in other current liabilities and other long-term liabilities on our Consolidated Condensed Balance Sheet.
(2) | Excludes an operating lease obligation of $1 million and a finance lease obligation of $18 million related to Garrison Energy Center which are included in current liabilities held for sale on our Consolidated Condensed Balance Sheet. See Note 4 for further information related to the sale of the Garrison Energy Center.
(3) | The lease liabilities associated with our finance leases as of June 30, 2019 are included in debt, current portion and debt, net of current portion on our Consolidated Condensed Balance Sheet.
Finance Lease, Liability, Maturity [Table Text Block] | The following is a schedule by year of future minimum lease payments associated with our operating and finance leases together with the present value of the net minimum lease payments as of June 30, 2019 (in millions):
| Operating Leases(1)(2) |  | Finance Leases(2)(3)
2019 | $ | 39 |  |  | $ | 8 |
2020 | 20 |  |  | 16 |
2021 | 21 |  |  | 16 |
2022 | 19 |  |  | 16 |
2023 | 18 |  |  | 19 |
Thereafter | 201 |  |  | 33 |
Total minimum lease payments | 318 |  |  | 108 |
Less: Amount representing interest | 108 |  |  | 30 |
Total lease obligation | 210 |  |  | 78 |
Less: current lease obligation | 39 |  |  | 10 |
Long-term lease obligation | $ | 171 |  |  | $ | 68 |
____________
(1) | The lease liabilities associated with our operating leases as of June 30, 2019 are included in other current liabilities and other long-term liabilities on our Consolidated Condensed Balance Sheet.
(2) | Excludes an operating lease obligation of $1 million and a finance lease obligation of $18 million related to Garrison Energy Center which are included in current liabilities held for sale on our Consolidated Condensed Balance Sheet. See Note 4 for further information related to the sale of the Garrison Energy Center.
(3) | The lease liabilities associated with our finance leases as of June 30, 2019 are included in debt, current portion and debt, net of current portion on our Consolidated Condensed Balance Sheet.
Supplemental Balance Sheet Info Lessee [Table Text Block] | Supplemental balance sheet information related to our operating and finance leases is as follows as of June 30, 2019 (in millions, except lease term and discount rate):
|  | June 30, 2019(1)
Operating leases(2) |  |
Right-of-use assets associated with operating leases |  | $ | 184 |
Finance leases(3) |  |
Property, plant and equipment, gross |  | $ | 213 |
Accumulated amortization |  | (104 | )
Property, plant and equipment, net |  | $ | 109 |
Weighted average remaining lease term (in years) |  |
Operating leases |  | 15.8 |
Finance leases |  | 7.4 |
Weighted average discount rate |  |
Operating leases |  | 5.1 | %
Finance leases |  | 8.0 | %
____________
(1) | Excludes a right-of-use asset and property, plant and equipment, net of $1 million and $17 million, respectively, related to Garrison Energy Center which are included in current assets held for sale on our Consolidated Condensed Balance Sheet. See Note 4 for further information related to the sale of the Garrison Energy Center.
(2) | The right-of-use assets associated with our operating leases as of June 30, 2019 are included in other assets on our Consolidated Condensed Balance Sheet.
(3) | The right-of-use assets associated with our finance leases as of June 30, 2019 are included in property, plant and equipment, net on our Consolidated Condensed Balance Sheet.
Supplemental Cash Flow Lessee [Table Text Block] | Supplemental cash flow information related to our operating and finance leases is as follows for the period presented (in millions):
|  | Six Month Ended
|  | June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities |  |
Operating cash flows from operating leases |  | $ | 13 |
Operating cash flows from finance leases |  | $ | 4 |
Financing cash flows from finance leases |  | $ | 6 |
Right-of-use assets obtained in exchange for lease obligations: |  |
Operating leases |  | $ | 9 |
Finance leases |  | $ | — |
Lease Cost - Lessor [Table Text Block] | Revenue recognized related to fixed lease payments on our operating leases for the period presented is as follows (in millions):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2019 |  | 2019
Operating Leases(1) |  |  |
Fixed lease payments | $ | 70 |  |  | $ | 139 |
____________
(1) | Revenues associated with our operating leases are included in Commodity revenue and other revenue on our Consolidated Condensed Statement of Operations.
| June 30, 2019
Assets subject to contracts accounted for as operating leases |
Property, plant and equipment, gross | $ | 3,076 |
Accumulated depreciation | (903 | )
Property, plant and equipment, net(1) | $ | 2,173 |
____________
(1) | Our assets subject to contracts that are accounted for as operating leases primarily consist of our power plants subject to tolling contracts.
Lessor, Operating Lease, Payments to be Received, Maturity [Table Text Block] | The total contractual future minimum lease rentals for our contracts that have commenced and are accounted for as operating leases at June 30, 2019, are as follows (in millions):
2019 | $ | 204 |
2020 | 287 |
2021 | 261 |
2022 | 227 |
2023 | 144 |
Thereafter | 284 |
Total | $ | 1,407 |
Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block] | The following is a schedule by year of future minimum lease payments under operating and capital leases as of December 31, 2018 (in millions):
| Operating Leases |  | Capital Leases(1)
2019 | $ | 50 |  |  | $ | 40 |
2020 | 19 |  |  | 40 |
2021 | 20 |  |  | 38 |
2022 | 18 |  |  | 33 |
2023 | 17 |  |  | 27 |
Thereafter | 192 |  |  | 92 |
Total minimum lease payments | $ | 316 |  |  | 270 |
Less: Amount representing interest |  |  | 89 |
Present value of net minimum lease payments |  |  | $ | 181 |
____________
(1) | Includes a failed sale-leaseback transaction related to our Pasadena Power Plant.
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block] | The total contractual future minimum lease rentals for our contracts accounted for as operating leases at December 31, 2018, are as follows (in millions):
2019 | $ | 342 |
2020 | 261 |
2021 | 257 |
2022 | 224 |
2023 | 141 |
Thereafter | 239 |
Total | $ | 1,464 |
The following is a schedule by year of future minimum lease payments under operating and capital leases as of December 31, 2018 (in millions):
| Operating Leases |  | Capital Leases(1)
2019 | $ | 50 |  |  | $ | 40 |
2020 | 19 |  |  | 40 |
2021 | 20 |  |  | 38 |
2022 | 18 |  |  | 33 |
2023 | 17 |  |  | 27 |
Thereafter | 192 |  |  | 92 |
Total minimum lease payments | $ | 316 |  |  | 270 |
Less: Amount representing interest |  |  | 89 |
Present value of net minimum lease payments |  |  | $ | 181 |
____________
(1) | Includes a failed sale-leaseback transaction related to our Pasadena Power Plant.

X
- Definition Lease Cost - Lessor [Table Text Block] + References No definition available. + Details
Name: | cpn_LeaseCostLessorTableTextBlock
Namespace Prefix: | cpn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Supplemental Balance Sheet Info Lessee [Table Text Block] + References No definition available. + Details
Name: | cpn_SupplementalBalanceSheetInfoLesseeTableTextBlock
Namespace Prefix: | cpn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Supplemental Cash Flow Lessee [Table Text Block] + References No definition available. + Details
Name: | cpn_SupplementalCashFlowLesseeTableTextBlock
Namespace Prefix: | cpn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
Name: | us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity of undiscounted cash flows to be received by lessor on annual basis for operating lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=119202524&loc=SL77919396-209981 + Details
Name: | us-gaap_LessorOperatingLeasePaymentsToBeReceivedMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of future minimum lease payments as of the date of the latest balance sheet presented, in aggregate and for each of the five years succeeding fiscal years, with separate deductions from the total for the amount representing executor costs, including any profit thereon, included in the minimum lease payments and for the amount of the imputed interest necessary to reduce the net minimum lease payments to present value. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=84164817&loc=d3e45280-112737 + Details
Name: | us-gaap_ScheduleOfFutureMinimumLeasePaymentsForCapitalLeasesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717 + Details
Name: | us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration