2020 Q3 Form 10-Q Financial Statement

#000156768320000036 Filed on November 05, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2019 Q3
Revenue $332.0M $296.0M
YoY Change 12.16% 1.37%
Cost Of Revenue $95.00M $84.00M
YoY Change 13.1% 0.0%
Gross Profit $237.0M $212.0M
YoY Change 11.79% 1.92%
Gross Profit Margin 71.39% 71.62%
Selling, General & Admin $9.000M $7.000M
YoY Change 28.57% 16.67%
% of Gross Profit 3.8% 3.3%
Research & Development $2.000M $1.000M
YoY Change 100.0% 0.0%
% of Gross Profit 0.84% 0.47%
Depreciation & Amortization $102.0M $114.0M
YoY Change -10.53% 35.71%
% of Gross Profit 43.04% 53.77%
Operating Expenses $113.0M $120.0M
YoY Change -5.83% 42.86%
Operating Profit $123.0M $90.00M
YoY Change 36.67% -10.0%
Interest Expense $85.00M $106.0M
YoY Change -19.81% 43.24%
% of Operating Profit 69.11% 117.78%
Other Income/Expense, Net -$72.00M -$66.00M
YoY Change 9.09% 65.0%
Pretax Income $51.00M $24.00M
YoY Change 112.5% -60.0%
Income Tax $9.000M -$11.00M
% Of Pretax Income 17.65% -45.83%
Net Earnings $32.00M $39.00M
YoY Change -17.95% -20.41%
Net Earnings / Revenue 9.64% 13.18%
Basic Earnings Per Share
Diluted Earnings Per Share $275.9K $354.5K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $359.0M $148.0M
YoY Change 142.57% -36.21%
Cash & Equivalents $359.0M $148.0M
Short-Term Investments
Other Short-Term Assets $216.0M $284.0M
YoY Change -23.94% 51.06%
Inventory $42.00M $43.00M
Prepaid Expenses
Receivables $156.0M $141.0M
Other Receivables $0.00 $3.000M
Total Short-Term Assets $773.0M $619.0M
YoY Change 24.88% 2.65%
LONG-TERM ASSETS
Property, Plant & Equipment $6.165B $5.562B
YoY Change 10.84% 4.82%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.001B $1.181B
YoY Change -15.24% -0.08%
Other Assets $75.00M $109.0M
YoY Change -31.19% 18.48%
Total Long-Term Assets $8.952B $8.219B
YoY Change 8.92% 4.08%
TOTAL ASSETS
Total Short-Term Assets $773.0M $619.0M
Total Long-Term Assets $8.952B $8.219B
Total Assets $9.725B $8.838B
YoY Change 10.04% 3.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $46.00M $117.0M
YoY Change -60.68% 30.0%
Accrued Expenses $137.0M $149.0M
YoY Change -8.05% 55.21%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $1.300B
YoY Change -100.0%
Long-Term Debt Due $361.0M $1.965B
YoY Change -81.63% 125.09%
Total Short-Term Liabilities $602.0M $2.246B
YoY Change -73.2% 107.0%
LONG-TERM LIABILITIES
Long-Term Debt $6.357B $4.143B
YoY Change 53.44% -15.93%
Other Long-Term Liabilities $119.0M $115.0M
YoY Change 3.48% 11.65%
Total Long-Term Liabilities $6.886B $4.546B
YoY Change 51.47% -9.8%
TOTAL LIABILITIES
Total Short-Term Liabilities $602.0M $2.246B
Total Long-Term Liabilities $6.886B $4.546B
Total Liabilities $7.488B $6.792B
YoY Change 10.25% 10.89%
SHAREHOLDERS EQUITY
Retained Earnings -$22.00M -$66.00M
YoY Change -66.67% -607.69%
Common Stock $1.000M $1.000M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.882B $1.748B
YoY Change
Total Liabilities & Shareholders Equity $9.725B $8.838B
YoY Change 10.04% 3.98%

Cashflow Statement

Concept 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income $32.00M $39.00M
YoY Change -17.95% -20.41%
Depreciation, Depletion And Amortization $102.0M $114.0M
YoY Change -10.53% 35.71%
Cash From Operating Activities $257.0M $224.0M
YoY Change 14.73% 4.19%
INVESTING ACTIVITIES
Capital Expenditures -$12.00M -$104.0M
YoY Change -88.46% 511.76%
Acquisitions
YoY Change
Other Investing Activities -$48.00M $15.00M
YoY Change -420.0% 87.5%
Cash From Investing Activities -$60.00M -$89.00M
YoY Change -32.58% 888.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -76.00M -34.00M
YoY Change 123.53% -60.47%
NET CHANGE
Cash From Operating Activities 257.0M 224.0M
Cash From Investing Activities -60.00M -89.00M
Cash From Financing Activities -76.00M -34.00M
Net Change In Cash 121.0M 101.0M
YoY Change 19.8% -15.83%
FREE CASH FLOW
Cash From Operating Activities $257.0M $224.0M
Capital Expenditures -$12.00M -$104.0M
Free Cash Flow $269.0M $328.0M
YoY Change -17.99% 41.38%

Facts In Submission

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CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
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CY2020Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2020Q3 us-gaap Minority Interest
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CY2019Q4 us-gaap Minority Interest
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CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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2263000000 USD
CY2020Q3 us-gaap Liabilities And Stockholders Equity
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CY2019Q4 us-gaap Liabilities And Stockholders Equity
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9700000000 USD
us-gaap Profit Loss
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us-gaap Income Loss From Equity Method Investments
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us-gaap Income Loss From Equity Method Investments
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52000000 USD
us-gaap Equity Method Investment Dividends Or Distributions
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51000000 USD
us-gaap Equity Method Investment Dividends Or Distributions
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32000000 USD
us-gaap Depreciation Amortization And Accretion Net
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303000000 USD
us-gaap Depreciation Amortization And Accretion Net
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289000000 USD
us-gaap Amortization Of Financing Costs And Discounts
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12000000 USD
us-gaap Amortization Of Financing Costs And Discounts
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14000000 USD
cwen Amortization Of Intangibles And Out Of Market Contracts
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67000000 USD
cwen Amortization Of Intangibles And Out Of Market Contracts
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52000000 USD
us-gaap Gains Losses On Extinguishment Of Debt
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us-gaap Gains Losses On Extinguishment Of Debt
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cwen Operating Lease Rightof Use Asset Amortization
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1000000 USD
cwen Operating Lease Rightof Use Asset Amortization
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5000000 USD
us-gaap Equity Method Investment Realized Gain Loss On Disposal
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49000000 USD
us-gaap Equity Method Investment Realized Gain Loss On Disposal
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0 USD
us-gaap Asset Impairment Charges
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us-gaap Asset Impairment Charges
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us-gaap Increase Decrease In Income Taxes
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us-gaap Increase Decrease In Income Taxes
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us-gaap Increase Decrease In Derivative Assets And Liabilities
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us-gaap Increase Decrease In Derivative Assets And Liabilities
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us-gaap Gain Loss On Sale Of Property Plant Equipment
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4000000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
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cwen Changesin Prepaidand Accrued Capacity Payments
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cwen Changesin Prepaidand Accrued Capacity Payments
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us-gaap Increase Decrease In Other Operating Capital Net
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us-gaap Increase Decrease In Other Operating Capital Net
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42000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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441000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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374000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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cwen Paymentto Acquire Businessunder Common Control
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cwen Paymentto Acquire Businessunder Common Control
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us-gaap Payments To Acquire Additional Interest In Subsidiaries
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us-gaap Payments To Acquire Additional Interest In Subsidiaries
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cwen Noncontrolling Interest Increase From Consolidation
NoncontrollingInterestIncreaseFromConsolidation
17000000 USD
cwen Noncontrolling Interest Increase From Consolidation
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us-gaap Payments To Acquire Property Plant And Equipment
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95000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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200000000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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53000000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
37000000 USD
us-gaap Payments To Acquire Equity Method Investments
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us-gaap Payments To Acquire Equity Method Investments
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14000000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
90000000 USD
us-gaap Proceeds From Sale Of Productive Assets
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us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
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us-gaap Proceeds From Insurance Settlement Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Payments To Minority Shareholders
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147000000 USD
us-gaap Proceeds From Payments To Minority Shareholders
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us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
70000000 USD
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
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us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
58000000 USD
us-gaap Proceeds From Issuance Of Common Stock
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us-gaap Payments Of Ordinary Dividends
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147000000 USD
us-gaap Payments Of Ordinary Dividends
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us-gaap Payments Of Debt Issuance Costs
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10000000 USD
us-gaap Payments Of Debt Issuance Costs
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us-gaap Proceeds From Lines Of Credit
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265000000 USD
us-gaap Proceeds From Lines Of Credit
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22000000 USD
us-gaap Repayments Of Lines Of Credit
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265000000 USD
us-gaap Repayments Of Lines Of Credit
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22000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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775000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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us-gaap Repayments Of Long Term Debt
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us-gaap Repayments Of Long Term Debt
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
417000000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
583000000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
537000000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
397000000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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2263000000 USD
CY2020Q1 us-gaap Profit Loss
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CY2020Q1 us-gaap Unrealized Gain Loss On Derivatives
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CY2020Q1 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
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150000000 USD
CY2020Q1 us-gaap Stock Issued During Period Value New Issues
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10000000 USD
CY2020Q1 us-gaap Dividends Common Stock
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CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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2264000000 USD
CY2020Q2 us-gaap Profit Loss
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CY2020Q2 us-gaap Unrealized Gain Loss On Derivatives
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CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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1000000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Other
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CY2020Q2 us-gaap Stock Issued During Period Value New Issues
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CY2020Q2 us-gaap Dividends Common Stock
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CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2020Q3 us-gaap Net Income Loss
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32000000 USD
CY2020Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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10000000 USD
CY2020Q3 us-gaap Profit Loss
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42000000 USD
CY2020Q3 us-gaap Unrealized Gain Loss On Derivatives
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CY2020Q3 us-gaap Stock Issued During Period Value New Issues
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20000000 USD
CY2020Q3 us-gaap Dividends Common Stock
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CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2237000000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2224000000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
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CY2019Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
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CY2019Q1 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
19000000 USD
CY2019Q1 cwen Adjustments To Additional Paid In Capital Distributions Paid Non Cash Net Of Contributions
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12000000 USD
CY2019Q1 us-gaap Dividends Common Stock
DividendsCommonStock
39000000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2145000000 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
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CY2019Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
5000000 USD
CY2019Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
30000000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
0 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Other
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CY2019Q2 us-gaap Dividends Common Stock
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38000000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2054000000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
35000000 USD
CY2019Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
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CY2019Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
4000000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1000000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Other
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CY2019Q3 us-gaap Dividends Common Stock
DividendsCommonStock
39000000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2046000000 USD
cwen Weighted Average Remaining Ppa Term
WeightedAverageRemainingPPATerm
P13Y
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
417000000 USD
us-gaap Use Of Estimates
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<div style="margin-bottom:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:9pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in accordance with GAAP requires management to make estimates and assumptions. These estimates and assumptions impact the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities as of the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could be different from these estimates.</span></div>
CY2020Q3 us-gaap Other Cash Equivalents At Carrying Value
OtherCashEquivalentsAtCarryingValue
176000000 USD
CY2019Q4 us-gaap Other Cash Equivalents At Carrying Value
OtherCashEquivalentsAtCarryingValue
125000000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
359000000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
155000000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
359000000 USD
CY2020Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
178000000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
262000000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
537000000 USD
CY2020Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2135000000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1880000000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
461000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
394000000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
794000000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
675000000 USD
CY2020Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
156000000 USD
CY2020Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
186000000 USD
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-bottom:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassification</span></div><div style="margin-bottom:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain prior year amounts have been reclassified for comparative purposes.</span></div>
CY2020Q2 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
8000000 USD
CY2020Q1 cwen Taxable Income Allocation Pre Flip
TaxableIncomeAllocationPreFlip
0.99
CY2020Q3 cwen Noncontrolling Interest Adjustment For Purchase Of Interests
NoncontrollingInterestAdjustmentForPurchaseOfInterests
83000000 USD
CY2020Q3 us-gaap Equity Method Investments
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1001000000 USD
CY2020Q3 cwen Percentof Derivative Liabilities Using Level3 Fair Value Inputs
PercentofDerivativeLiabilitiesUsingLevel3FairValueInputs
0.09
CY2020Q3 cwen Fair Value Assets Measured On Recurring Basis Valuation Techniques Impact Of Credit Reserve To Fair Value
FairValueAssetsMeasuredOnRecurringBasisValuationTechniquesImpactOfCreditReserveToFairValue
10000000 USD
CY2019Q3 us-gaap Aoci Including Portion Attributable To Noncontrolling Interest Tax
AociIncludingPortionAttributableToNoncontrollingInterestTax
6000000 USD
CY2020Q3 cwen Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months Tax
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonthsTax
4000000 USD
CY2020Q3 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
-9000000 USD
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
92000000 USD
CY2020Q3 cwen Fair Valueof Gross Derivative Assets Liabilities Net
FairValueofGrossDerivativeAssetsLiabilitiesNet
-186000000 USD
CY2020Q3 cwen Derivative Asset Fair Value Gross Liability Net Of Derivative Liability Fair Value Gross Asset
DerivativeAssetFairValueGrossLiabilityNetOfDerivativeLiabilityFairValueGrossAsset
0 USD
CY2020Q3 cwen Derivative Asset Fair Value Amount Offset Against Collateral Net Of Derivative Liability Fair Value Amount Offset Against Collateral
DerivativeAssetFairValueAmountOffsetAgainstCollateralNetOfDerivativeLiabilityFairValueAmountOffsetAgainstCollateral
-186000000 USD
CY2019Q4 cwen Fair Valueof Gross Derivative Assets Liabilities Net
FairValueofGrossDerivativeAssetsLiabilitiesNet
-92000000 USD
CY2019Q4 cwen Derivative Asset Fair Value Gross Liability Net Of Derivative Liability Fair Value Gross Asset
DerivativeAssetFairValueGrossLiabilityNetOfDerivativeLiabilityFairValueGrossAsset
0 USD
CY2019Q4 cwen Derivative Asset Fair Value Amount Offset Against Collateral Net Of Derivative Liability Fair Value Amount Offset Against Collateral
DerivativeAssetFairValueAmountOffsetAgainstCollateralNetOfDerivativeLiabilityFairValueAmountOffsetAgainstCollateral
-92000000 USD
CY2020Q3 us-gaap Aoci Including Portion Attributable To Noncontrolling Interest Tax
AociIncludingPortionAttributableToNoncontrollingInterestTax
6000000 USD
CY2019Q3 us-gaap Aoci Including Portion Attributable To Noncontrolling Interest Tax
AociIncludingPortionAttributableToNoncontrollingInterestTax
6000000 USD
CY2020Q3 us-gaap Aoci Including Portion Attributable To Noncontrolling Interest Tax
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6000000 USD
CY2019Q3 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
USD
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
-9000000 USD
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
USD
CY2020Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
6792000000 USD
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
6858000000 USD
CY2020Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
361000000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1824000000 USD
CY2020Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
79000000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
78000000 USD
CY2020Q3 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
5000000 USD
CY2019Q4 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
0 USD
CY2020Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
6357000000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4956000000 USD
us-gaap Sale Of Stock Number Of Shares Issued In Transaction
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2542594 shares
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
59000000 USD
CY2020Q3 cwen Sale Of Stock Commission Fees
SaleOfStockCommissionFees
200000 USD
cwen Sale Of Stock Commission Fees
SaleOfStockCommissionFees
600000 USD
CY2020Q3 cwen Atm Program Available For Issuance
ATMProgramAvailableForIssuance
129000000 USD
cwen Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Purchase Of Interest By Parent Shares
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesPurchaseOfInterestByParentShares
2542594 shares
CY2020Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2020Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
CY2020Q3 us-gaap Revenues
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CY2020Q3 us-gaap Cost Of Revenue
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95000000 USD
CY2020Q3 us-gaap Depreciation Depletion And Amortization
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102000000 USD
CY2020Q3 us-gaap General And Administrative Expense
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9000000 USD
CY2020Q3 us-gaap Business Combination Acquisition Related Costs
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1000000 USD
CY2020Q3 us-gaap Costs Incurred Development Costs
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2000000 USD
CY2020Q3 us-gaap Operating Income Loss
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123000000 USD
CY2020Q3 us-gaap Income Loss From Equity Method Investments
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19000000 USD
CY2020Q3 us-gaap Other Nonoperating Income Expense
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CY2020Q3 us-gaap Gains Losses On Extinguishment Of Debt
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CY2020Q3 us-gaap Interest Expense
InterestExpense
85000000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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51000000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
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9000000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
42000000 USD
CY2020Q3 us-gaap Assets
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9725000000 USD
CY2019Q3 us-gaap Revenues
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296000000 USD
CY2019Q3 us-gaap Cost Of Revenue
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84000000 USD
CY2019Q3 us-gaap Depreciation Depletion And Amortization
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114000000 USD
CY2019Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7000000 USD
CY2019Q3 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
1000000 USD
CY2019Q3 us-gaap Operating Income Loss
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90000000 USD
CY2019Q3 us-gaap Income Loss From Equity Method Investments
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38000000 USD
CY2019Q3 us-gaap Other Nonoperating Income Expense
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2000000 USD
CY2019Q3 us-gaap Interest Expense
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106000000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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