v3.20.1
Revenue From Contracts with Customers (Tables)
 3 Months Ended
Mar. 31, 2020
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following tables represent a disaggregation of our operating revenues for the three months ended March 31, 2020 and 2019 by reportable segment (in millions). See Note 11 for a description of our segments.
 
Three Months Ended March 31, 2020
 
Wholesale
 
 
 
 
 
 
 
West
 
Texas
 
East
 
Retail
 
Elimination
 
Total
Third Party:
 
 
 
 
 
 
 
 
 
 
 
Energy & other products
$
201

 
$
219

 
$
106

 
$
324

 
$
—

 
$
850

Capacity
62

 
28

 
105

 
—

 
—

 
195

Revenues relating to physical or executory contracts – third party
$
263

 
$
247

 
$
211

 
$
324

 
$
—

 
$
1,045

 
 
 
 
 
 
 
 
 
 
 
 
Affiliate(1):
$
17

 
$
10

 
$
19

 
$
1

 
$
(47
)
 
$
—

 
 
 
 
 
 
 
 
 
 
 
 
Revenues relating to leases and derivative instruments(2)
 
 
 
 
 
 
 
 
 
 
$
1,246

Other
 
 
 
 
 
 
 
 
 
 
1

Total operating revenues
 
 
 
 
 
 
 
 
 
 
$
2,292



 
Three Months Ended March 31, 2019
 
Wholesale
 
 
 
 
 
 
 
West
 
Texas
 
East
 
Retail
 
Elimination
 
Total
Third Party:
 
 
 
 
 
 
 
 
 
 
 
Energy & other products
$
292

 
$
302

 
$
203

 
$
412

 
$
—

 
$
1,209

Capacity
35

 
32

 
177

 
—

 
—

 
244

Revenues relating to physical or executory contracts – third party
$
327

 
$
334

 
$
380

 
$
412

 
$
—

 
$
1,453

 
 
 
 
 
 
 
 
 
 
 
 
Affiliate(1):
$
11

 
$
14

 
$
27

 
$
3

 
$
(55
)
 
$
—

 
 
 
 
 
 
 
 
 
 
 
 
Revenues relating to leases and derivative instruments(2)
 
 
 
 
 
 
 
 
 
 
$
1,146

Total operating revenues
 
 
 
 
 
 
 
 
 
 
$
2,599

___________
(1)
Affiliate energy, other and capacity revenues reflect revenues on transactions between wholesale and retail affiliates excluding affiliate activity related to leases and derivative instruments. All such activity supports retail supply needs from the wholesale business and/or allows for collateral margin netting efficiencies at Calpine.
(2)
Revenues relating to contracts accounted for as leases and derivatives include energy and capacity revenues relating to PPAs that we are required to account for as operating leases and physical and financial commodity derivative contracts, primarily relating to power, natural gas and environmental products. Revenue related to derivative instruments includes revenue recorded in Commodity revenue and mark-to-market gain (loss) within our operating revenues on our Consolidated Condensed Statements of Operations.