XML 65 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2015
Dec. 31, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 1,022 $ 1,539
Restricted cash 308 283
Short-term investments 439 709
Accounts receivable, net of allowance for doubtful accounts of $94 and $96, respectively 2,877 2,709
Inventory 734 702
Deferred income taxes 213 275
Prepaid expenses 115 175
Other current assets 1,799 1,434
Current assets of held-for-sale businesses 8 0
Total current assets 7,515 7,826
Property, Plant and Equipment:    
Land 801 870
Electric generation, distribution assets and other 30,136 30,459
Accumulated depreciation (9,996) (9,962)
Construction in progress 2,499 3,784
Property, plant and equipment, net 23,440 25,151
Other Assets:    
Investments in and advances to affiliates 562 537
Debt service reserves and other deposits 403 411
Goodwill 1,473 1,458
Other intangible assets, net of accumulated amortization of $130 and $158, respectively 241 281
Deferred income taxes 571 662
Service concession assets 1,538 0
Other noncurrent assets 2,691 2,640
Noncurrent assets of held-for-sale businesses 150 0
Total other assets 7,629 5,989
TOTAL ASSETS 38,584 38,966
CURRENT LIABILITIES    
Accounts payable 1,994 2,278
Accrued interest 244 260
Accrued and other liabilities 2,317 2,326
Non-recourse debt, including $220 and $240, respectively, related to variable interest entities 1,999 1,982
Recourse debt 0 151
Current liabilities of held-for-sale businesses 9 0
Total current liabilities 6,563 6,997
NONCURRENT LIABILITIES    
Non-recourse debt, including $1,058 and $1,030, respectively, related to variable interest entities 13,750 13,618
Recourse debt 5,014 5,107
Deferred income taxes 1,281 1,277
Pension and other post-retirement liabilities 1,183 1,342
Other noncurrent liabilities 3,110 3,222
Noncurrent liabilities of held-for-sale businesses 61 0
Total noncurrent liabilities $ 24,399 $ 24,566
Contingencies and Commitments (see Note 9)    
Redeemable stock of subsidiaries $ 538 $ 78
THE AES CORPORATION STOCKHOLDERS’ EQUITY    
Common stock ($0.01 par value, 1,200,000,000 shares authorized; 815,558,389 issued and 682,607,128 outstanding at June 30, 2015 and 814,539,146 issued and 703,851,297 outstanding at December 31, 2014) 8 8
Additional paid-in capital 8,705 8,409
Retained earnings 258 512
Accumulated other comprehensive loss (3,445) (3,286)
Treasury stock, at cost (132,951,261 shares at June 30, 2015 and 110,687,849 shares at December 31, 2014) (1,662) (1,371)
Total AES Corporation stockholders’ equity 3,864 4,272
NONCONTROLLING INTERESTS 3,220 3,053
Total equity 7,084 7,325
TOTAL LIABILITIES AND EQUITY $ 38,584 $ 38,966