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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents (Note 7) $ 106 $ 101
Restricted cash (Note 7) 0 4
Counterparty collateral 0 6
Trade receivables (Note 7) 65 50
Derivative assets, current 3 14
Prepaid expenses (Note 7) 16 18
Deferred financing costs, current, net of accumulated amortization of $4 and $3 as of September 30, 2019 and December 31, 2018, respectively 2 2
Sales tax receivable 27 1
Other current assets (Note 7) 22 15
Total current assets 241 211
Restricted cash (Note 7) 13 18
Major construction advances 46 84
Construction in progress 500 259
Property, plant and equipment, net (Note 7) 3,917 4,119
Unconsolidated investments (Note 7) 281 270
Derivative assets 7 9
Deferred financing costs 7 8
Net deferred tax assets 12 5
Intangible assets, net (Note 7) 211 219
Goodwill 60 58
Other assets (Note 7) 101 34
Total assets 5,396 5,294
Current liabilities:    
Accounts payable and other accrued liabilities (Note 7) 66 67
Accrued construction costs (Note 7) 51 27
Counterparty collateral liability 0 6
Accrued interest (Note 7) 7 14
Dividends payable 42 42
Derivative liabilities, current 6 2
Revolving credit facility, current 39 198
Current portion of long-term debt, net 329 56
Asset retirement obligation, current 21 24
Contingent liabilities, current 129 31
Other current liabilities (Note 7) 27 11
Total current liabilities 717 478
Revolving credit facility 25 25
Long-term debt, net 2,172 2,004
Derivative liabilities 81 31
Net deferred tax liabilities 123 117
Intangible liabilities, net (Note 7) 45 56
Contingent liabilities (Note 7) 37 142
Asset retirement obligations (Note 7) 213 185
Other long-term liabilities (Note 7) 128 71
Contract liability 26 26
Total liabilities 3,567 3,135
Commitments and contingencies (Note 16)
Equity:    
Class A common stock, $0.01 par value per share: 500,000,000 shares authorized; 98,240,118 and 98,051,629 shares outstanding as of September 30, 2019 and December 31, 2018, respectively 1 1
Additional paid-in capital 1,009 1,130
Accumulated loss (115) (27)
Accumulated other comprehensive loss (101) (52)
Treasury stock, at cost; 249,481 and 223,040 shares of Class A common stock as of September 30, 2019 and December 31, 2018, respectively (5) (5)
Total equity before noncontrolling interest 789 1,047
Noncontrolling interest 1,040 1,112
Total equity 1,829 2,159
Total liabilities and equity $ 5,396 $ 5,294