Quarterly report pursuant to Section 13 or 15(d)

Equity Method Investments

v3.19.2
Equity Method Investments
 6 Months Ended
Jun. 30, 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 $8 million and $12 million during the three and six months ended June 30, 2019, respectively, as compared to income of $11 million and $8 million during the three and six months ended June 30, 2018, respectively. 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 March 31, 2019
Current assets
$
3

 
$
188

 
$
191

Total assets
274

 
3,901

 
4,175

Current liabilities
1

 
118

 
119

Total liabilities
12

 
1,204

 
1,216

Members' equity
262

 
2,697

 
2,959

As of December 31, 2018
Current assets
4

 
229

 
233

Total assets
276

 
3,916

 
4,192

Current liabilities
1

 
163

 
164

Total liabilities
12

 
1,204

 
1,216

Members' equity
264

 
2,712

 
2,976

Income Statement
 
 
 
 
 
For the three months ended March 31, 2019
Revenue
3

 
87

 
90

Income from continuing operations
(1
)
 
—

 
(1
)
Net income
(1
)
 
—

 
(1
)
For the three months ended March 31, 2018
Revenue
4

 
62

 
66

Income from continuing operations
(1
)
 
5

 
4

Net income
(1
)
 
5

 
4

(1) Represents aggregated financial statement information for investments not separately presented.