Consolidated Condensed Balance Sheets (Unaudited) - USD ($) $ in Millions		Jun. 30, 2020		Dec. 31, 2019
Current assets:
Cash and cash equivalents		$ 677		$ 1,131
Accounts receivable, net of allowance of $9 and $9		683		757
Inventories		517		543
Margin deposits and other prepaid expense		346		367
Restricted cash, current		225		299
Derivative assets, current	[1]	199	[2]	156	[3]
Other current assets		42		49
Total current assets		2,689		3,302
Property, plant and equipment, net		11,937		11,963
Restricted cash, net of current portion		16		46
Investments in unconsolidated subsidiaries		67		70
Derivative Asset, Noncurrent	[1]	250	[2]	246	[3]
Goodwill		242		242
Intangible assets, net		316		340
Other assets		438		440
Total assets		15,955		16,649
Current liabilities:
Accounts payable		569		714
Accrued interest payable		108		61
Debt, current portion		231		1,268
Derivative Liability, Current	[1]	168	[2]	225	[3]
Other current liabilities		531		657
Total current liabilities		1,607		2,925
Debt, net of current portion		10,874		10,438
Long-term derivative liabilities	[1]	196	[2]	63	[3]
Other long-term liabilities		479		565
Total liabilities		13,156		13,991
Commitments and contingencies (see Note 9)
Stockholder’s equity:
Common stock, $0.001 par value per share; authorized 5,000 shares, 105.2 shares issued and outstanding		0		0
Additional paid-in capital		9,651		9,584
Accumulated deficit		(6,632)		(6,923)
Accumulated other comprehensive loss		(220)		(114)
Total Calpine stockholder’s equity		2,799		2,547
Noncontrolling interest		0		111
Total stockholder’s equity		2,799		2,658
Total liabilities and stockholder’s equity		$ 15,955		$ 16,649

[1] At June 30, 2020 and December 31, 2019, we had $260 million and $191 million, respectively, of collateral under master netting arrangements that were not offset against our derivative instruments on the Consolidated Condensed Balance Sheets primarily related to initial margin requirements.

[2] At June 30, 2020, current and long-term derivative assets are shown net of collateral of $(28) million and $(9) million, respectively, and current and long-term derivative liabilities are shown net of collateral of $1 million and $43 million, respectively.

[3] At December 31, 2019, current and long-term derivative assets are shown net of collateral of $(4) million and $(4) million, respectively, and current and long-term derivative liabilities are shown net of collateral of $108 million and $14 million, respectively.