CONDENSED CONSOLIDATING FINANCIAL INFORMATION (Tables) - Parent

9 Months Ended

Sep. 30, 2017

Schedule of Condensed Consolidating Balance Sheet

Condensed Consolidating Balance Sheet

	Parent		Combined Guarantor Subsidiaries		Combined Non- Guarantor Subsidiaries		Eliminations		Consolidated
As of September 30, 2017	(in millions)
Total current assets	$	9	$	425	$	20	$	(2)	$	452
Total property, plant and equipment, net	24		5,589		79		—		5,692
Investments in consolidated subsidiaries	5,981		582		—		(6,563)		—
Other assets	—		37		2		—		39
TOTAL ASSETS	$	6,014	$	6,633	$	101	$	(6,565)	$	6,183
Total current liabilities	234		513		1		(2)		746
Long-term debt - principal amount	5,039		—		—		—		5,039
Deferred gain and issuance costs, net	356		—		—		—		356
Other long-term liabilities	138		475		3		—		616
Amounts due to (from) affiliates	914		(914)		—		—		—
Total equity	(667)		6,559		97		(6,563)		(574)
TOTAL LIABILITIES AND EQUITY	$	6,014	$	6,633	$	101	$	(6,565)	$	6,183
As of December 31, 2016
Total current assets	$	7	$	418	$	—	$	—	$	425
Total property, plant and equipment, net	25		5,856		4		—		5,885
Investments in consolidated subsidiaries	5,713		537		—		(6,250)		—
Other assets	—		44		—		—		44
TOTAL ASSETS	$	5,745	$	6,855	$	4	$	(6,250)	$	6,354
Total current liabilities	221		505		—		—		726
Long-term debt - principal amount	5,168		—		—		—		5,168
Deferred gain and issuance costs, net	397		—		—		—		397
Other long-term liabilities	132		487		1		—		620
Amounts due to (from) affiliates	384		(384)		—		—		—
Total equity	(557)		6,247		3		(6,250)		(557)
TOTAL LIABILITIES AND EQUITY	$	5,745	$	6,855	$	4	$	(6,250)	$	6,354

Schedule of Condensed Consolidating Statement of Operations

Condensed Consolidating Statement of Operations
	Parent		Combined Guarantor Subsidiaries		Combined Non- Guarantor Subsidiaries		Eliminations		Consolidated
For the nine months ended September 30, 2017	(in millions)
Total revenues and other	$	22	$	1,551	$	10	$	(32)	$	1,551
Total costs and other	168		1,303		9		(32)		1,448
Non-operating (loss) income	(253)		23		—		—		(230)
Income tax benefit	—		—		—		—		—
NET (LOSS) INCOME	(399)		271		1		—		(127)
Net income attributable to noncontrolling interest	—		—		(1)		—		(1)
NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCK	$	(399)	$	271	$	—	$	—	$	(128)
For the nine months ended September 30, 2016
Total revenues and other	$	—	$	1,093	$	2	$	—	$	1,095
Total costs and other	153		1,243		2		—		1,398
Non-operating income (loss)	547		34		—		—		581
Income tax benefit	78		—		—		—		78
NET INCOME (LOSS)	$	472	$	(116)	$	—	$	—	$	356

Schedule of Condensed Consolidating Statement of Cash Flows

Condensed Consolidating Statement of Cash Flows
	Parent		Combined Guarantor Subsidiaries		Combined Non- Guarantor Subsidiaries		Eliminations		Consolidated
For the nine months endedSeptember 30, 2017	(in millions)
Net cash (used) provided by operating activities	$	(403)	$	621	$	7	$	—	$	225
Net cash used by investing activities	(2)		(90)		(82)		—		(174)
Net cash provided (used) by financing activities	409		(536)		92		—		(35)
Increase (decrease) in cash and cash equivalents	4		(5)		17		—		16
Cash and cash equivalents—beginning of period	—		12		—		—		12
Cash and cash equivalents—end of period	$	4	$	7	$	17	$	—	$	28

For the nine months endedSeptember 30, 2016
Net cash (used) provided by operating activities	$	(419)	$	563	$	1	$	—	$	145
Net cash used by investing activities	(1)		(30)		—		—		(31)
Net cash provided (used) by financing activities	420		(535)		(1)		—		(116)
Decrease in cash and cash equivalents	—		(2)		—		—		(2)
Cash and cash equivalents—beginning of period	—		12		—		—		12
Cash and cash equivalents—end of period	$	—	$	10	$	—	$	—	$	10