Long-Term Debt (Tables)
 3 Months Ended
Mar. 31, 2018
Debt Disclosure [Abstract]  
Long-Term Debt Issued
The following long-term debt was issued during the three months ended March 31, 2018:
Company
 
Type
 
Rate
 
Maturity
 
Amount
Other American Water subsidiaries
 
Private activity bonds and government funded debt—fixed rate (a)
 
0.00%
 
2020-2021
 
$
10

Total issuances
 
 
 
 
 
 
 
$
10

(a)
This long-term debt relates to the New Jersey Environmental Infrastructure Financing Program
Long-Term Debt Retired Through Sinking Fund Provisions, Optional Redemptions or Payments at Maturities
The following long-term debt was retired through sinking fund provisions, optional redemptions or payment at maturity during the three months ended March 31, 2018:
Company
 
Type
 
Rate
 
Maturity
 
Amount
American Water Capital Corp.
 
Private activity bonds and government funded debt—fixed rate
 
1.79%-2.90%
 
2021-2031
 
$
1

Other American Water subsidiaries
 
Private activity bonds and government funded debt—fixed rate
 
0.00%-5.40%
 
2018-2041
 
3

Other American Water subsidiaries
 
Term Loan
 
4.83%-5.38%
 
2021
 
1

Other American Water subsidiaries
 
Mandatorily redeemable preferred stock
 
8.49%
 
2036
 
1

Total retirements and redemptions
 
 
 
 
 
 
 
$
6
Gross Fair Value Derivative Asset and Liabilities
The following table provides a summary of the gross fair value for the Company’s derivative asset and liabilities, as well as the location of the asset and liability balances on the Consolidated Balance Sheets:
Derivative Instruments
 
Derivative Designation
 
Balance Sheet Classification
 
March 31, 2018
 
December 31, 2017
Asset derivative:
 
 
 
 
 
 

 
 

Forward starting swaps
 
Cash flow hedge
 
Other current assets
 
$
6

 
$
—

 
 
 
 
 
 
 
 
 
Liability derivative:
 
 
 
 
 
 

 
 

Forward starting swaps
 
Cash flow hedge
 
Other current liabilities
 
—

 
3