The following tables represent a disaggregation of our operating revenues for the three and six months ended June 30, 2020 and 2019 by reportable segment (in millions). See Note 11 for a description of our segments.



	Three Months Ended June 30, 2020
	Wholesale
	West		Texas		East		Retail		Elimination			Total
Third Party:
Energy & other products	$	163	$	254	$	99	$	322	$	—		$	838
Capacity	66		28		104		—		—			198
Revenues relating to physical or executory contracts – third party	$	229	$	282	$	203	$	322	$	—		$	1,036

Affiliate⁽¹⁾:	$	9	$	10	$	20	$	2	$	(41	)	$	—

Revenues relating to leases and derivative instruments⁽²⁾												$	707
Other												1
Total operating revenues												$	1,744



	Three Months Ended June 30, 2019
	Wholesale
	West		Texas		East		Retail		Elimination			Total
Third Party:
Energy & other products	$	145	$	318	$	124	$	413	$	—		$	1,000
Capacity	36		33		154		—		—			223
Revenues relating to physical or executory contracts – third party	$	181	$	351	$	278	$	413	$	—		$	1,223

Affiliate⁽¹⁾:	$	6	$	14	$	30	$	1	$	(51	)	$	—

Revenues relating to leases and derivative instruments⁽²⁾												$	1,376
Total operating revenues												$	2,599



	Six Months Ended June 30, 2020
	Wholesale
	West		Texas		East		Retail		Elimination			Total
Third Party:
Energy & other products	$	364	$	473	$	205	$	646	$	—		$	1,688
Capacity	128		56		209		—		—			393
Revenues relating to physical or executory contracts – third party	$	492	$	529	$	414	$	646	$	—		$	2,081

Affiliate⁽¹⁾:	$	26	$	20	$	39	$	3	$	(88	)	$	—

Revenues relating to leases and derivative instruments⁽²⁾												$	1,953
Other												2
Total operating revenues												$	4,036



	Six Months Ended June 30, 2019
	Wholesale
	West		Texas		East		Retail		Elimination			Total
Third Party:
Energy & other products	$	437	$	620	$	327	$	825	$	—		$	2,209
Capacity	71		65		331		—		—			467
Revenues relating to physical or executory contracts – third party	$	508	$	685	$	658	$	825	$	—		$	2,676

Affiliate⁽¹⁾:	$	17	$	28	$	57	$	4	$	(106	)	$	—

Revenues relating to leases and derivative instruments⁽²⁾												$	2,522
Total operating revenues												$	5,198

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(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.