Quarterly report pursuant to Section 13 or 15(d)

Equity Method Investments in Affiliate

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Equity Method Investments in Affiliate
 6 Months Ended
Jun. 30, 2016
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments in Affiliate
13. Equity Method Investments in Affiliate

As described in Notes 1 and 2, we have noncontrolling equity investments in entities that own minority interests in renewable energy projects. We recognized income of $1.1 million and $1.3 million during the three and six months ended June 30, 2016, respectively, from our equity method investments, as compared to a loss of $0.3 million during both the three and six months ended June 30, 2015.

The following is a summary of the consolidated financial position and results of operations of the significant holding companies, accounted for using the equity method:

 

     As of
March 31, 2016 		     As of
December 31, 2015 		 
     (dollars in millions, unaudited)  

Current Assets

    $ 56       $ 61   

Total Assets

    $ 1,379       $ 1,409   

Current Liabilities

    $ 15       $ 14   

Total Liabilities

    $ 59       $ 58   

Members’ Equity

    $ 1,320       $ 1,351   

 

    

For the three months

ended March 31,

     

For the year ended

December 31,

  
     2016      2015      2015      2014  
     (dollars in millions, unaudited)      (dollars in millions, unaudited)  

Revenue

    $ 39       $ 40       $ 149       $ 154   

Income from Continuing Operations

    $ 5       $ 14       $ 33       $ 44   

Net Income

    $ 5       $ 14       $ 33       $ 44