Consolidated Condensed Statements of Operations - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2019 |
Jun. 30, 2018 |
Jun. 30, 2019 |
Jun. 30, 2018 |
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| Operating revenues: | ||||||||||||
| Commodity revenue | $ 2,128 | $ 2,121 | $ 4,666 | $ 4,517 | ||||||||
| Mark-to-market gain (loss) | 467 | 131 | 523 | (260) | ||||||||
| Other revenue | 4 | 7 | 9 | 11 | ||||||||
| Operating revenues | 2,599 | [1] | 2,259 | [1] | 5,198 | [2] | 4,268 | [2] | ||||
| Operating expenses: | ||||||||||||
| Commodity expense | 1,367 | 1,426 | 3,125 | 3,216 | ||||||||
| Mark-to-market (gain) loss | 280 | (57) | 290 | (77) | ||||||||
| Fuel and purchased energy expense | 1,647 | 1,369 | 3,415 | 3,139 | ||||||||
| Operating and maintenance expense | 245 | 242 | 484 | 517 | ||||||||
| Depreciation and amortization expense | 175 | 186 | 349 | 387 | ||||||||
| General and other administrative expense | 34 | 31 | 66 | 91 | ||||||||
| Other operating expenses | 19 | 19 | 38 | 56 | ||||||||
| Total operating expenses | 2,120 | 1,847 | 4,352 | 4,190 | ||||||||
| Impairment losses | 40 | 0 | 55 | 0 | ||||||||
| (Income) from unconsolidated subsidiaries | (5) | (5) | (11) | (11) | ||||||||
| Income from operations | 444 | 417 | 802 | 89 | ||||||||
| Interest expense | 157 | 157 | 306 | 308 | ||||||||
| (Gain) loss on extinguishment of debt | 3 | 0 | (1) | 0 | ||||||||
| Other (income) expense, net | 5 | 62 | 28 | 69 | ||||||||
| Income (loss) before income taxes | 279 | 198 | 469 | (288) | ||||||||
| Income tax expense (benefit) | 9 | (158) | 19 | (50) | ||||||||
| Net income (loss) | 270 | 356 | 450 | (238) | ||||||||
| Net income attributable to the noncontrolling interest | (4) | (4) | (9) | (8) | ||||||||
| Net income (loss) attributable to Calpine | $ 266 | $ 352 | $ 441 | $ (246) | ||||||||
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- Definition Mark to Market Gain Loss on Derivatives Included in Fuel and Purchased Energy Expense No definition available.
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- Definition Mark to Market Gain Loss on Derivatives included in Operating Revenues No definition available.
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- Definition Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Excludes Selling, General and Administrative Expense. No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The total amount of other operating income, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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