Quarterly report pursuant to Section 13 or 15(d)

Equity Method Investments

v3.20.1
Equity Method Investments
 3 Months Ended
Mar. 31, 2020
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments Equity Method Investments
We have non-controlling unconsolidated equity investments in renewable energy and energy efficiency projects. We recognized income from our equity method investments of $17 million during the three months ended March 31, 2020 as compared to income of $5 million during the three months ended March 31, 2019. 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.
 
SunStrong Capital Holdings, LLC
 
Vivint Solar Asset 2 Class B, LLC
 
Other Investments (1)
 
Total
 
(in millions)
Balance Sheet
 
 
 
 
 
 
 
As of December 31, 2019
Current assets
$
213

 
$
46

 
$
210

 
$
469

Total assets
1,330

 
183

 
2,604

 
4,117

Current liabilities
143

 
1

 
162

 
306

Total liabilities
1,008

 
81

 
764

 
1,853

Members' equity
322

 
102

 
1,840

 
2,264

As of December 31, 2018
Current assets
103

 
—

 
97

 
200

Total assets
972

 
—

 
2,164

 
3,136

Current liabilities
85

 
—

 
52

 
137

Total liabilities
745

 
—

 
314

 
1,059

Members' equity
226

 
—

 
1,851

 
2,077

Income Statement
 
 
 
 
 
 
 
For the twelve months ended December 31, 2019
Revenue
102

 
2

 
153

 
257

Income from continuing operations
(16
)
 
(1
)
 
(47
)
 
(64
)
Net income
(16
)
 
(1
)
 
(47
)
 
(64
)
For the twelve months ended December 31, 2018
Revenue
25

 
—

 
151

 
176

Income from continuing operations
(18
)
 
—

 
(24
)
 
(42
)
Net income
(18
)
 
—

 
(24
)
 
(42
)
(1)     Represents aggregated financial statement information for investments not separately presented.