Quarterly report pursuant to Section 13 or 15(d)

Equity Method Investments in Affiliate

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Equity Method Investments in Affiliate
 9 Months Ended
Sep. 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 $1.3 million and $2.7 million during the three and nine months ended September 30, 2016, respectively, from our equity method investments, as compared to a income of $0.2 million and a loss of $0.2 million during the three and nine months ended September 30, 2015, respectively.

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
June 30, 2016 		     As of
December 31, 2015 		 
     (dollars in millions, unaudited)  

Current Assets

    $ 57       $ 72   

Total Assets

    $ 1,651       $ 1,724   

Current Liabilities

    $ 18       $ 18   

Total Liabilities

    $ 68       $ 68   

Members’ Equity

    $ 1,583       $ 1,656   
    

For the six months

ended June 30,

  
     2016      2015  
     (dollars in millions, unaudited)  

Revenue

    $ 66       $ 77   

Income from Continuing Operations

    $ (5 )     $ 21   

Net Income

    $ (5 )     $ 21