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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenue:      
Regulated $ 7,660 $ 8,874 $ 8,056
Non-regulated 7,303 8,272 7,835
Total revenue 14,963 17,146 15,891
Cost of sales:      
Regulated (6,564) (7,530) (6,837)
Non-regulated (5,533) (6,528) (5,807)
Total cost of sales (12,097) (14,058) (12,644)
Operating margin 2,866 3,088 3,247
General and administrative expenses (196) (187) (220)
Interest expense (1,436) (1,471) (1,482)
Interest income 524 365 275
Loss on extinguishment of debt (186) (261) (229)
Other expense (65) (68) (76)
Other income 83 124 125
Gain on sale of businesses 29 358 26
Goodwill impairment expense (317) (164) (372)
Asset impairment expense (285) (91) (95)
Foreign currency transaction gains (losses) 105 11 (22)
Other non-operating expense 0 (128) (129)
INCOME FROM CONTINUING OPERATIONS BEFORE TAXES AND EQUITY IN EARNINGS OF AFFILIATES 1,122 1,576 1,048
Income tax expense (465) (419) (343)
Net equity in earnings of affiliates 105 19 25
INCOME FROM CONTINUING OPERATIONS 762 1,176 730
Income (loss) from operations of discontinued businesses, net of income tax expense of $0, $23, and $24, respectively 0 27 (27)
Net loss from disposal and impairments of discontinued operations, net of income tax expense (benefit) of $0, $4, and $(15), respectively 0 (56) (152)
NET INCOME 762 1,147 551
Noncontrolling interests:      
Less: (Income) from continuing operations attributable to noncontrolling interests (456) (387) (446)
Plus: Loss from discontinued operations attributable to noncontrolling interests 0 9 9
Total net income attributable to noncontrolling interests (456) (378) (437)
NET INCOME ATTRIBUTABLE TO THE AES CORPORATION 306 769 114
AMOUNTS ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS:      
Income from continuing operations, net of tax 306 789 284
Loss from discontinued operations, net of tax 0 (20) (170)
NET INCOME ATTRIBUTABLE TO THE AES CORPORATION $ 306 $ 769 $ 114
BASIC EARNINGS PER SHARE:      
Income from continuing operations attributable to The AES Corporation common stockholders, net of tax $ 0.45 $ 1.10 $ 0.38
Loss from discontinued operations attributable to The AES Corporation common stockholders, net of tax 0.00 (0.03) (0.23)
NET INCOME ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS 0.45 1.07 0.15
DILUTED EARNINGS PER SHARE:      
Income from continuing operations attributable to The AES Corporation common stockholders, net of tax 0.44 1.09 0.38
Loss from discontinued operations attributable to The AES Corporation common stockholders, net of tax 0.00 (0.03) (0.23)
NET INCOME ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS 0.44 1.06 0.15
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 0.41 $ 0.25 $ 0.17