Quarterly report pursuant to Section 13 or 15(d)

Equity Method Investments

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Equity Method Investments
9 Months Ended
Sep. 30, 2017
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
13. Equity Method Investments

We have non-controlling unconsolidated equity investments in renewable energy projects or entities that own minority interests in renewable energy projects and in one case, real estate. We recognized income from our equity method investments of $6.9 million and $19.4 million during the three and nine months ended September 30, 2017, respectively, as compared to income of $1.3 million and $2.7 million during the three and nine months ended September 30, 2016. We describe our accounting for equity method investments in Note 2.

The following is a summary of the consolidated financial position and results of operations of the significant entities accounted for using the equity method.

 

     As of
June 30, 2017
     As of
December 31, 2016
 
     (dollars in millions, unaudited)  

Current assets

   $ 4      $ 3  

Total assets

   $ 115      $ 99  

Current liabilities

   $ 5      $ 4  

Total liabilities

   $ 37      $ 39  

Members’ equity

   $ 78      $ 60  

 

     For the six months
ended June 30,
 
     2017      2016  
     (dollars in millions, unaudited)  

Revenue

   $ 7      $ 6  

Income from continuing operations

   $ 3      $ 1  

Net income

   $ 3      $ 1