v3.24.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 292 $ 535
Restricted cash 382 516
Inventory 63 55
Derivative instruments 34 41
Prepayments and other current assets 81 68
Total current assets 1,051 1,560
Property, plant and equipment, net 9,895 9,526
Other Assets    
Equity investments in affiliates 322 360
Intangible assets for power purchase agreements, net 2,170 2,303
Other intangible assets, net 70 71
Derivative instruments 70 82
Right-of-use assets, net 548 597
Other non-current assets 123 202
Total other assets 3,303 3,615
Total Assets 14,249 14,701
Current Liabilities    
Current portion of long-term debt 412 558
Derivative instruments 51 51
Accrued interest expense 35 57
Accrued expenses and other current liabilities 71 79
Total current liabilities 661 906
Other Liabilities    
Long-term debt 6,732 7,479
Deferred income taxes 58 127
Derivative instruments 279 281
Long-term lease liabilities 570 627
Other non-current liabilities 316 286
Total other liabilities 7,955 8,800
Total Liabilities 8,616 9,706
Redeemable noncontrolling interest in subsidiaries 9 1
Commitments and Contingencies
Stockholders’ Equity    
Preferred stock, $0.01 par value; 10,000,000 shares authorized; none issued 0 0
Class A, Class B, Class C and Class D common stock, $0.01 par value; 3,000,000,000 shares authorized (Class A 500,000,000, Class B 500,000,000, Class C 1,000,000,000, Class D 1,000,000,000); 202,143,697 shares issued and outstanding (Class A 34,613,853, Class B 42,738,750, Class C 82,829,344, Class D 41,961,750) at September 30, 2024 and 202,080,794 shares issued and outstanding (Class A 34,613,853, Class B 42,738,750, Class C 82,391,441, Class D 42,336,750) at December 31, 2023 1 1
Additional paid-in capital 1,831 1,732
Retained earnings 301 361
Accumulated other comprehensive income 1 7
Noncontrolling interest 3,490 2,893
Total Stockholders’ Equity 5,624 4,994
Total Liabilities and Stockholders’ Equity 14,249 14,701
Nonrelated Party    
Current Assets    
Accounts receivable — trade 199 171
Current Liabilities    
Accounts payable — trade 78 130
Affiliated Entity    
Current Assets    
Note receivable — affiliate 0 174
Current Liabilities    
Accounts payable — affiliates $ 14 $ 31