Quarterly report pursuant to Section 13 or 15(d)

Equity Method Investments

v3.20.2
Equity Method Investments
 6 Months Ended
Jun. 30, 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 as well as in a joint venture that owns land with long-term triple net lease agreements to several solar projects. We recognized income (loss) from our equity method investments of approximately $(1) million and $16 million during the three and six months ended June 30, 2020, respectively as compared to income of approximately $8 million and $12 million during the three and six months ended June 30, 2019, 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.

Vivint Solar Asset 2 Class B, LLC
Other Investments (1)
Total
(in millions)
Balance Sheet
As of March 31, 2020
Current assets $ 31    $ 415    $ 446   
Total assets 230    4,089    4,319   
Current liabilities 2    176    178   
Total liabilities 115    1,983    2,098   
Members' equity 115    2,106    2,221   
As of December 31, 2019
Current assets 46    307    353   
Total assets 183    3,944    4,127   
Current liabilities 1    218    219   
Total liabilities 81    1,780    1,861   
Members' equity 102    2,164    2,266   
Income Statement
For the three months ended March 31, 2020
Revenue 3    78    81   
Income (loss) from continuing operations —    (7)   (7)  
Net income (loss) —    (7)   (7)  
For the three months ended March 31, 2019
Revenue —    58    58   
Income from continuing operations (loss) —    (1)   (1)  
Net income (loss) —    (1)   (1)  

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