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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Discontinued Operation, Tax Effect of Discontinued Operation $ 1 $ 3 $ 3 $ 7
Revenue:        
Regulated 1,565 1,794 3,141 3,628
Non-Regulated 1,664 1,862 3,359 3,786
Total revenue 3,229 3,656 6,500 7,414
Cost of Sales:        
Regulated (1,431) (1,432) (2,898) (2,989)
Non-Regulated (1,224) (1,469) (2,519) (2,949)
Total cost of sales (2,655) (2,901) (5,417) (5,938)
Operating margin 574 755 1,083 1,476
General and administrative expenses (47) (50) (95) (105)
Interest expense (390) (287) (732) (630)
Interest income 138 116 255 195
Gain (loss) on extinguishment of debt 0 (117) 4 (141)
Other expense (21) (12) (29) (29)
Other income 12 15 25 30
Gain (loss) on disposal and sale of businesses (17) 0 30 0
Asset impairment expense (235) (37) (394) (45)
Foreign currency transaction gains (losses) (36) 13 4 (8)
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE TAXES AND EQUITY IN EARNINGS OF AFFILIATES (22) 396 151 743
Income tax benefit (expense) 7 (123) (90) (223)
Net equity in earnings of affiliates 7 1 14 15
INCOME (LOSS) FROM CONTINUING OPERATIONS (8) 274 75 535
Income (loss) from operations of discontinued businesses, net of income tax (expense) benefit of $(1), $3, $3 and $7, respectively 3 (10) (6) (17)
Net loss from disposal and impairments of discontinued businesses, net of income tax benefit of $401, $0, $401 and $0, respectively (382) 0 (382) 0
NET INCOME (LOSS) (387) 264 (313) 518
Less: Net income attributable to noncontrolling interests (95) (195) (43) (307)
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION (482) 69 (356) 211
AMOUNTS ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS:        
Loss from discontinued operations, net of tax (379) (10) (388) (17)
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION $ (482) $ 69 $ (356) $ 211
BASIC EARNINGS PER SHARE:        
Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax $ (0.16) $ 0.11 $ 0.05 $ 0.33
Loss from discontinued operations attributable to The AES Corporation common stockholders, net of tax (0.57) (0.01) (0.59) (0.03)
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS (0.73) 0.10 (0.54) 0.30
DILUTED EARNINGS PER SHARE:        
Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax (0.16) 0.11 0.05 0.33
Loss from discontinued operations attributable to The AES Corporation common stockholders, net of tax (0.57) (0.01) (0.59) (0.03)
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS $ (0.73) $ 0.10 $ (0.54) $ 0.30
DILUTED SHARES OUTSTANDING 659 695 662 701
DIVIDENDS DECLARED PER COMMON SHARE $ 0.00 $ 0.10 $ 0.11 $ 0.10
Asset Impairment Expense [Member]        
Discontinued Operation, Tax Effect of Discontinued Operation $ 401 $ 0 $ 401 $ 0