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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
CURRENT ASSETS    
Cash and cash equivalents $ 1,185 $ 1,262
Restricted cash 294 295
Short-term investments 628 484
Accounts receivable, net of allowance for doubtful accounts of $103 and $95, respectively 2,581 2,473
Inventory (see Note 2) 682 675
Prepaid expenses 116 108
Other current assets 1,461 1,449
Assets of held-for-sale businesses 0 96
Total current assets 6,947 6,842
Property, Plant and Equipment:    
Land 751 711
Electric generation, distribution assets and other 28,997 28,491
Accumulated depreciation (9,768) (9,449)
Construction in progress 3,436 3,063
Property, plant and equipment, net 23,416 22,816
Other Assets:    
Investments in and advances to affiliates (see Note 6) 611 610
Debt service reserves and other deposits 415 565
Goodwill 1,157 1,157
Other intangible assets, net of accumulated amortization of $100 and $97, respectively 209 214
Deferred income taxes 599 543
Service concession assets, net of accumulated amortization of $52 and $34, respectively 1,505 1,543
Other noncurrent assets 2,041 2,180
Total other assets 6,537 6,812
TOTAL ASSETS 36,900 36,470
CURRENT LIABILITIES    
Accounts payable 1,739 1,721
Accrued interest 333 251
Accrued and other liabilities 2,280 2,436
Non-recourse debt, including $247 and $261, respectively, related to variable interest entities (see Note 7) 2,220 2,505
Liabilities of held-for-sale businesses 0 13
Total current liabilities 6,572 6,926
NONCURRENT LIABILITIES    
Recourse debt 4,924 4,966
Non-recourse debt, including $1,503 and $1,539, respectively, related to variable interest entities (see Note 7) 13,413 12,956
Deferred income taxes 1,118 1,090
Pension and other post-retirement liabilities (see Note 9) 985 927
Other noncurrent liabilities 3,032 2,896
Total noncurrent liabilities $ 23,472 $ 22,835
Commitments and Contingencies (see Note 8)
Redeemable stock of subsidiaries $ 672 $ 538
THE AES CORPORATION STOCKHOLDERS’ EQUITY    
Common stock ($0.01 par value, 1,200,000,000 shares authorized; 815,894,592 issued and 658,997,660 outstanding at March 31, 2016 and 815,846,621 issued and 666,808,790 outstanding at December 31, 2015) 8 8
Additional paid-in capital 8,706 8,718
Retained earnings 198 143
Accumulated other comprehensive loss (3,807) (3,883)
Treasury stock, at cost (156,896,932 shares at March 31, 2016 and 149,037,831 at December 31, 2015) (1,904) (1,837)
Total AES Corporation stockholders’ equity 3,201 3,149
NONCONTROLLING INTERESTS 2,983 3,022
Total equity 6,184 6,171
TOTAL LIABILITIES AND EQUITY $ 36,900 $ 36,470