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Equity (Tables)
 9 Months Ended
Sep. 30, 2014
Equity [Abstract]  
Schedule of Stockholders Equity
The following table provides a reconciliation of the beginning and ending equity attributable to stockholders of The AES Corporation, noncontrolling interests and total equity as of the periods indicated:
 
 
Nine Months Ended September 30, 2014
 
Nine Months Ended September 30, 2013
 
 
The AES Corporation Stockholders’ Equity
 
Noncontrolling
Interests
 
Total
Equity
 
The AES Corporation Stockholders’ Equity
 
Noncontrolling
Interests
 
Total
Equity
 
 
(in millions)
Balance at the beginning of the period
 
$
4,330

 
$
3,321

 
$
7,651

 
$
4,569

 
$
2,945

 
$
7,514

Net income
 
563

 
286

 
849

 
320

 
435

 
755

Total change in fair value of available-for-sale securities, net of income tax
 
(1
)
 
—

 
(1
)
 
—

 
—

 
—

Total foreign currency translation adjustment, net of income tax
 
(269
)
 
(82
)
 
(351
)
 
(158
)
 
(65
)
 
(223
)
Total change in derivative fair value, net of income tax
 
(79
)
 
(106
)
 
(185
)
 
151

 
54

 
205

Total pension adjustments, net of income tax
 
15

 
21

 
36

 
9

 
30

 
39

Balance sheet reclassification related to an equity method investment (1)
 
40

 
—

 
40

 
—

 
—

 
—

Capital contributions from noncontrolling interests
 
—

 
131

 
131

 
—

 
86

 
86

Distributions to noncontrolling interests
 
—

 
(380
)
 
(380
)
 
—

 
(382
)
 
(382
)
Disposition of businesses
 
—

 
(152
)
 
(152
)
 
—

 
(20
)
 
(20
)
Acquisition of treasury stock
 
(140
)
 
—

 
(140
)
 
(63
)
 
—

 
(63
)
Issuance and exercise of stock-based compensation benefit plans, net of income tax
 
23

 
—

 
23

 
39

 
—

 
39

Dividends declared on common stock (2)
 
(72
)
 
—

 
(72
)
 
(60
)
 
—

 
(60
)
Sale of subsidiary shares to noncontrolling interests
 
—

 
130

 
130

 
12

 
71

 
83

Acquisition of subsidiary shares from noncontrolling interests
 
(13
)
 
—

 
(13
)
 
(6
)
 
(1
)
 
(7
)
Balance at the end of the period
 
$
4,397

 
$
3,169

 
$
7,566

 
$
4,813

 
$
3,153

 
$
7,966


_____________________________
(1) Reclassification resulting from Silver Ridge Power transaction. See Note 7 — Investments In and Advances to Affiliates for further information.
(2) Dividends price per share was $0.10 and $0.08 as of September 30, 2014 and September 30, 2013, respectively.
Components Of Accumulated Other Comprehensive Income
The changes in AOCL by component, net of tax and noncontrolling interests for the nine months ended September 30, 2014 were as follows:
 
 
Unrealized derivative losses, net
 
Unfunded pension obligations, net
 
Foreign currency translation adjustment, net
 
Available-for-sale securities, net
 
Total
 
 
(in millions)
Balance at the beginning of the period
 
$
(307
)
 
$
(291
)
 
$
(2,284
)
 
—

 
$
(2,882
)
Other comprehensive income (loss) before reclassifications
 
(131
)
 
8

 
(218
)
 
(1
)
 
(342
)
Amount reclassified to earnings
 
52

 
7

 
(51
)
 
—

 
8

Other comprehensive income
 
(79
)
 
15

 
(269
)
 
(1
)
 
(334
)
Balance sheet reclassification related to an equity method investment (1)
 
19

 
—

 
21

 
—

 
40

Balance at the end of the period
 
$
(367
)
 
$
(276
)
 
$
(2,532
)
 
$
(1
)
 
$
(3,176
)

_____________________________
(1) Reclassification resulting from Silver Ridge transaction. See Note 7 — Investments In and Advances to Affiliates for further information.
Schedule Of Amounts Reclassified Out Of Accumulated Other Comprehensive Income
Reclassifications out of AOCL for the periods indicated were as follows:
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
Details About AOCL Components
 
Affected Line Item in the Condensed Consolidated Statement of Operations
 
2014
 
2013
 
2014
 
2013
 
 
 
 
(in millions) (1)
Unrealized derivative losses, net
 
 
 
 
Non-regulated revenue
 
$
4

 
$
(3
)
 
$
23

 
$
(4
)
 
 
Non-regulated cost of sales
 
(2
)
 
(2
)
 
(4
)
 
(4
)
 
 
Interest expense
 
(39
)
 
(36
)
 
(102
)
 
(105
)
 
 
Gain on sale of investments
 
—

 
—

 
—

 
(21
)
 
 
Foreign currency transaction gains (losses)
 
(17
)
 
7

 
(13
)
 
(3
)
 
 
Income from continuing operations before taxes and equity in earnings of affiliates
 
(54
)
 
(34
)
 
(96
)
 
(137
)
 
 
Income tax expense
 
10

 
8

 
23

 
30

 
 
Net equity in earnings of affiliates
 
—

 
(1
)
 
(3
)
 
(5
)
 
 
Income from continuing operations
 
(44
)
 
(27
)
 
(76
)
 
(112
)
 
 
Income from continuing operations attributable to noncontrolling interests
 
9

 
2

 
24

 
15

 
 
Net income attributable to The AES Corporation
 
$
(35
)
 
$
(25
)
 
$
(52
)
 
$
(97
)
Amortization of defined benefit pension actuarial loss, net
 
 
 
 
Regulated cost of sales
 
$
(8
)
 
$
(17
)
 
$
(25
)
 
$
(56
)
 
 
Non-regulated cost of sales
 
—

 
(1
)
 
—

 
(3
)
 
 
Other income
 
—

 
—

 
(2
)
 
—

 
 
Income from continuing operations before taxes and equity in earnings of affiliates
 
(8
)
 
(18
)
 
(27
)
 
(59
)
 
 
Income tax expense
 
3

 
6

 
4

 
20

 
 
Income from continuing operations
 
(5
)
 
(12
)
 
(23
)
 
(39
)
 
 
Net loss from disposal and impairments of discontinued businesses
 
—

 
9

 
2

 
30

 
 
Net income
 
(5
)
 
(3
)
 
(21
)
 
(9
)
 
 
Income from continuing operations attributable to noncontrolling interests
 
3

 
—

 
14

 
—

 
 
Net income attributable to The AES Corporation
 
$
(2
)
 
$
(3
)
 
$
(7
)
 
$
(9
)
Available-for-sale securities, net
 
 
 
 
Interest income
 
$
—

 
$
—

 
$
—

 
$
(1
)
 
 
Net income attributable to The AES Corporation
 
$
—

 
$
—

 
$
—

 
$
(1
)
Foreign currency translation adjustment, net
 
 
 
 
Gain on sale of investments
 
$
4

 
$
—

 
$
4

 
$
(1
)
 
 
Net loss from disposal and impairments of discontinued businesses
 
—

 
—

 
47

 
(35
)
 
 
Net income attributable to The AES Corporation
 
$
4

 
$
—

 
$
51

 
$
(36
)
Total reclassifications for the period, net of income tax and noncontrolling interests
 
$
(33
)
 
$
(28
)
 
$
(8
)
 
$
(143
)
_____________________________
(1) Amounts in parentheses indicate debits to the condensed consolidated statement of operations.