v3.19.3
Derivative Instruments (Details 5) (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Derivative Instruments, Gain (Loss) [Line Items]        
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, before Tax $ (2) $ 13 $ (59) $ 83
Reclassification adjustment for loss on cash flow hedges realized in net income (loss) [1],[2] (3) 0 2 (7)
Depreciation expense [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, before Tax [3],[4]     1 1
Reclassification adjustment for loss on cash flow hedges realized in net income (loss) [1],[2],[3],[4]     (1) (1)
Interest Rate Hedging Instruments        
Derivative Instruments, Gain (Loss) [Line Items]        
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, before Tax [3],[4] (3) 13 (60) 82
Reclassification adjustment for loss on cash flow hedges realized in net income (loss) [1],[2],[3],[4] $ (2) $ 0 $ 3 $ (6)
[1] Cumulative cash flow hedge losses attributable to Calpine, net of tax, remaining in AOCI were $90 million and $34 million at September 30, 2019 and December 31, 2018, respectively. Cumulative cash flow hedge losses attributable to the noncontrolling interest, net of tax, remaining in AOCI were $4 million and $3 million at September 30, 2019 and December 31, 2018, respectively.
[2] Includes losses (gains) of nil that were reclassified from AOCI to interest expense for the three months ended September 30, 2019 and 2018, and losses of $2 million and nil that were reclassified from AOCI to interest expense for the nine months ended September 30, 2019 and 2018, respectively, where the hedged transactions became probable of not occurring.
[3] We recorded an income tax benefit of $1 million for each of the three months ended September 30, 2019 and 2018, respectively, and income tax benefit of $2 million and income tax expense of $3 million for the nine months ended September 30, 2019 and 2018, respectively, in AOCI related to our cash flow hedging activities.
[4] We recorded nil and $1 million in gains on hedge ineffectiveness related to our interest rate hedging instruments designated as cash flow hedges during the three and nine months ended September 30, 2018. Upon the adoption of Accounting Standards Update 2017-12 on January 1, 2019, hedge ineffectiveness is no longer separately measured and recorded in earnings.