XML 54 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 1,437 $ 1,539
Restricted cash 341 283
Short-term investments 453 709
Accounts receivable, net of allowance for doubtful accounts of $85 and $96, respectively 2,477 2,709
Inventory 670 702
Deferred income taxes 155 275
Prepaid expenses 121 175
Other current assets 1,514 1,434
Current assets of held-for-sale businesses 52 0
Total current assets 7,220 7,826
Property, Plant and Equipment:    
Land 704 870
Electric generation, distribution assets and other 28,307 30,459
Accumulated depreciation (9,264) (9,962)
Construction in progress 2,716 3,784
Property, plant and equipment, net 22,463 25,151
Other Assets:    
Investments in and advances to affiliates 601 537
Debt service reserves and other deposits 339 411
Goodwill 1,473 1,458
Other intangible assets, net of accumulated amortization of $131 and $158, respectively 251 281
Deferred income taxes 503 662
Service concession assets 1,554 0
Other noncurrent assets 2,596 2,640
Total other assets 7,317 5,989
TOTAL ASSETS 37,000 38,966
CURRENT LIABILITIES    
Accounts payable 1,729 2,278
Accrued interest 341 260
Accrued and other liabilities 2,134 2,326
Recourse debt 0 151
Non-recourse debt, including $217 and $240, respectively, related to variable interest entities 2,300 1,982
Current liabilities of held-for-sale businesses 30 0
Total current liabilities 6,534 6,997
NONCURRENT LIABILITIES    
Recourse debt 5,107 5,107
Non-recourse debt, including $1,050 and $1,030, respectively, related to variable interest entities 13,291 13,618
Deferred income taxes 1,185 1,277
Pension and other post-retirement liabilities 978 1,342
Other noncurrent liabilities 2,906 3,222
Total noncurrent liabilities $ 23,467 $ 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; 815,846,624 issued and 674,461,074 outstanding at September 30, 2015 and 814,539,146 issued and 703,851,297 outstanding at December 31, 2014) 8 8
Additional paid-in capital 8,710 8,409
Retained earnings 370 512
Accumulated other comprehensive loss (3,758) (3,286)
Treasury stock, at cost (141,385,550 shares at September 30, 2015 and 110,687,849 shares at December 31, 2014) (1,763) (1,371)
Total AES Corporation stockholders’ equity 3,567 4,272
NONCONTROLLING INTERESTS 2,894 3,053
Total equity 6,461 7,325
TOTAL LIABILITIES AND EQUITY $ 37,000 $ 38,966