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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
CURRENT ASSETS    
Cash and cash equivalents $ 1,265 $ 1,257
Restricted cash 250 295
Short-term investments 544 469
Accounts receivable, net of allowance for doubtful accounts of $108 and $87 respectively 2,087 2,302
Inventory (see Note 2) 655 671
Prepaid expenses 91 106
Other current assets 1,441 1,318
Current assets of discontinued operations and held-for-sale businesses 1,048 424
Total current assets 7,381 6,842
Property, Plant and Equipment:    
Land 785 702
Electric generation, distribution assets and other 28,416 27,751
Accumulated depreciation (9,705) (9,327)
Construction in progress 3,539 3,029
Property, plant and equipment, net 23,035 22,155
Other Assets:    
Investments in and advances to affiliates (see Note 6) 615 610
Debt service reserves and other deposits 700 555
Goodwill 1,157 1,157
Other intangible assets, net of accumulated amortization of $97 and $93, respectively 219 207
Deferred income taxes 483 410
Service concession assets, net of accumulated amortization of $71 and $34, respectively 1,486 1,543
Other noncurrent assets 1,898 2,109
Noncurrent assets of held-for-sale businesses 0 882
Total other assets 6,558 7,473
TOTAL ASSETS 36,974 36,470
CURRENT LIABILITIES    
Accounts payable 1,434 1,571
Accrued interest 249 236
Accrued and other liabilities 2,082 2,286
Non-recourse debt, including $190 and $258, respectively, related to variable interest entities (see Note 7) 1,610 2,172
Current liabilities of discontinued operations and held-for-sale businesses 841 661
Total current liabilities 6,216 6,926
NONCURRENT LIABILITIES    
Recourse debt 4,909 4,966
Non-recourse debt, including $1,059 and $1,531, respectively, related to variable interest entities (see Note 7) 14,261 12,943
Deferred income taxes 1,036 1,090
Pension and other post-retirement liabilities (see Note 9) 1,054 919
Other noncurrent liabilities 3,072 2,794
Noncurrent liabilities of discontinued operations and held-for-sale businesses 0 123
Total noncurrent liabilities 24,332 22,835
Commitments and Contingencies (see Note 8)
Redeemable stock of subsidiaries 753 538
THE AES CORPORATION STOCKHOLDERS’ EQUITY    
Common stock ($0.01 par value, 1,200,000,000 shares authorized; 815,894,592 issued and 659,001,121 outstanding at June 30, 2016 and 815,846,621 issued and 666,808,790 outstanding at December 31, 2015) 8 8
Additional paid-in capital 8,714 8,718
Retained earnings (accumulated deficit) (284) 143
Accumulated other comprehensive loss (3,768) (3,883)
Treasury stock, at cost (156,893,471 shares at June 30, 2016 and 149,037,831 at December 31, 2015) (1,904) (1,837)
Total AES Corporation stockholders’ equity 2,766 3,149
NONCONTROLLING INTERESTS 2,907 3,022
Total equity 5,673 6,171
TOTAL LIABILITIES AND EQUITY $ 36,974 $ 36,470