Discontinued Operations and Held for sale businesses (Tables)

6 Months Ended

Jun. 30, 2016

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Major line items constituting losses from discontinued operations [Table Text Block]

The following table summarizes the carrying amounts of the major line items constituting losses from discontinued operations for the three and six months ended June 30, 2016 and 2015:

(in millions)	Three Months Ended June 30,						Six Months Ended June 30,
Loss from discontinued operations, net of tax:	2016			2015			2016			2015
Revenue - regulated	$	219		$	202		$	419		$	428
Cost of sales	(204		)	(203		)	(408		)	(428		)
Asset impairment expense	(783		)	—			(783		)	—
Other income and expense items that are not major	(11		)	(12		)	(20		)	(24		)
Pretax loss from discontinued operations	(779		)	(13		)	(792		)	(24		)
Income tax benefit	400			3			404			7
Loss from discontinued operations, net of tax	$	(379	)	$	(10	)	$	(388	)	$	(17	)

Operating and Investing cash flow impact for discontinued operations [Table Text Block]

The following table summarizes the operating and investing cash flows from discontinued operations for the six months ended June 30, 2016 and 2015:

	Six Months Ended June 30,
(in millions)	2016			2015
Cash flows from operating activities of discontinued operations	$	57		$	(47	)
Cash flows from investing activities of discontinued operations	(84		)	7

Disposal Groups, Including Discontinued Operations [Table Text Block]

The following table summarizes the carrying amounts of the major classes of assets and liabilities of discontinued operations and held-for-sale businesses at June 30, 2016 and December 31, 2015:

(in millions)	June 30, 2016			December 31, 2015
Assets of discontinued operations and held-for-sale businesses:
Cash and cash equivalents	$	5		$	5
Short-term investments	78			15
Accounts receivable, net of allowance for doubtful accounts of $18 and $8 respectively	183			171
Property, plant and equipment and intangibles, net	837			668
Deferred income taxes	594			133
Other classes of assets that are not major	188			218
Loss recognized on classification as held-for-sale (3)	(837		)	—
Total assets of discontinued operations	$	1,048		$	1,210
Other assets of businesses classified as held-for-sale (2)	—			96
Total assets of discontinued operations and held-for-sale businesses (1)	$	1,048		$	1,306
Liabilities of discontinued operations and held-for-sale businesses:
Accounts payable	$	133		$	150
Accrued interest	20			15
Accrued and other liabilities	151			150
Non-recourse debt	373			346
Other classes of liabilities that are not major	164			110
Total liabilities of discontinued operations	$	841		$	771
Other liabilities of businesses classified as held-for-sale (2)	—			13
Total liabilities of discontinued operations and held-for-sale businesses (1)	$	841		$	784

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⁽¹⁾  Amounts at December 31, 2015 are classified as both current and long-term on the Condensed Consolidated Balance Sheet.

⁽²⁾  DPLER and Kelanitissa classified as held-for-sale at December 31, 2015. See Note 16—Dispositions for further information.

⁽³⁾  Pre-tax impairment expense of $783 million is net of the impact from cumulative translation adjustments.