Quarterly report pursuant to Section 13 or 15(d)

Equity Method Investments

v3.19.1
Equity Method Investments
 3 Months Ended
Mar. 31, 2019
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
Equity Method Investments
We have non-controlling unconsolidated equity investments in renewable energy projects. We recognized income from our equity method investments of $5 million and during the three months ended March 31, 2019, as compared to a loss of $2 million during the three months ended March 31, 2018. We describe our accounting for non-controlling equity 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.
 
Buckeye Wind Energy Class B Holdings, LLC
 
Other Investments (1)
 
Total
 
(in millions)
Balance Sheet
 
 
 
 
 
As of December 31, 2018
Current assets
$
4

 
$
248

 
$
252

Total assets
276

 
3,732

 
4,008

Current liabilities
1

 
127

 
128

Total liabilities
12

 
1,060

 
1,072

Members' equity
264

 
2,672

 
2,936

As of December 31, 2017
Current assets
3

 
131

 
134

Total assets
286

 
2,894

 
3,180

Current liabilities
1

 
70

 
71

Total liabilities
11

 
319

 
330

Members' equity
275

 
2,575

 
2,850

Income Statement
 
 
 
 
 
For the year ended December 31, 2018
Revenue
14

 
248

 
262

Income from continuing operations
(6
)
 
(22
)
 
(28
)
Net income
(6
)
 
(22
)
 
(28
)
For the year ended December 31, 2017
Revenue
12

 
254

 
266

Income from continuing operations
(8
)
 
(49
)
 
(57
)
Net income
(8
)
 
(49
)
 
(57
)
(1) Represents aggregated financial statement information for investments not separately presented.