Consolidated Balance Sheets - USD ($)
$ in Millions |
Sep. 30, 2019 |
Dec. 31, 2018 |
| Current assets: |
|
|
| Cash and cash equivalents (Note 7) |
$ 106
|
$ 101
|
| Restricted cash (Note 7) |
0
|
4
|
| Counterparty collateral |
0
|
6
|
| Trade receivables (Note 7) |
65
|
50
|
| Derivative assets, current |
3
|
14
|
| Prepaid expenses (Note 7) |
16
|
18
|
| Deferred financing costs, current, net of accumulated amortization of $4 and $3 as of September 30, 2019 and December 31, 2018, respectively |
2
|
2
|
| Sales tax receivable |
27
|
1
|
| Other current assets (Note 7) |
22
|
15
|
| Total current assets |
241
|
211
|
| Restricted cash (Note 7) |
13
|
18
|
| Major construction advances |
46
|
84
|
| Construction in progress |
500
|
259
|
| Property, plant and equipment, net (Note 7) |
3,917
|
4,119
|
| Unconsolidated investments (Note 7) |
281
|
270
|
| Derivative assets |
7
|
9
|
| Deferred financing costs |
7
|
8
|
| Net deferred tax assets |
12
|
5
|
| Intangible assets, net (Note 7) |
211
|
219
|
| Goodwill |
60
|
58
|
| Other assets (Note 7) |
101
|
34
|
| Total assets |
5,396
|
5,294
|
| Current liabilities: |
|
|
| Accounts payable and other accrued liabilities (Note 7) |
66
|
67
|
| Accrued construction costs (Note 7) |
51
|
27
|
| Counterparty collateral liability |
0
|
6
|
| Accrued interest (Note 7) |
7
|
14
|
| Dividends payable |
42
|
42
|
| Derivative liabilities, current |
6
|
2
|
| Revolving credit facility, current |
39
|
198
|
| Current portion of long-term debt, net |
329
|
56
|
| Asset retirement obligation, current |
21
|
24
|
| Contingent liabilities, current |
129
|
31
|
| Other current liabilities (Note 7) |
27
|
11
|
| Total current liabilities |
717
|
478
|
| Revolving credit facility |
25
|
25
|
| Long-term debt, net |
2,172
|
2,004
|
| Derivative liabilities |
81
|
31
|
| Net deferred tax liabilities |
123
|
117
|
| Intangible liabilities, net (Note 7) |
45
|
56
|
| Contingent liabilities (Note 7) |
37
|
142
|
| Asset retirement obligations (Note 7) |
213
|
185
|
| Other long-term liabilities (Note 7) |
128
|
71
|
| Contract liability |
26
|
26
|
| Total liabilities |
3,567
|
3,135
|
| Commitments and contingencies (Note 16) |
|
|
| Equity: |
|
|
| Class A common stock, $0.01 par value per share: 500,000,000 shares authorized; 98,240,118 and 98,051,629 shares outstanding as of September 30, 2019 and December 31, 2018, respectively |
1
|
1
|
| Additional paid-in capital |
1,009
|
1,130
|
| Accumulated loss |
(115)
|
(27)
|
| Accumulated other comprehensive loss |
(101)
|
(52)
|
| Treasury stock, at cost; 249,481 and 223,040 shares of Class A common stock as of September 30, 2019 and December 31, 2018, respectively |
(5)
|
(5)
|
| Total equity before noncontrolling interest |
789
|
1,047
|
| Noncontrolling interest |
1,040
|
1,112
|
| Total equity |
1,829
|
2,159
|
| Total liabilities and equity |
$ 5,396
|
$ 5,294
|