XML 108 R52.htm IDEA: XBRL DOCUMENT v3.6.0.2
Investments In and Advances To Affiliates (Tables)
12 Months Ended
Dec. 31, 2016
Equity Method Investments and Joint Ventures [Abstract]  
Equity Ownership Interest And Carrying Values Of Investments Accounted For Under The Equity Method
The following table summarizes the relevant effective equity ownership interest and carrying values for the Company's investments accounted for under the equity method as of the periods indicated:
December 31,
 
 
2016
 
2015
 
2016
 
2015
Affiliate
Country
 
Carrying Value (in millions)
 
Ownership Interest %
Barry (1)
United Kingdom
 

 

 
100
%
 
100
%
Elsta (1)
Netherlands
 
41

 
53

 
50
%
 
50
%
Distributed Energy (1)
United States
 
22

 
17

 
95
%
 
94
%
Guacolda (2)
Chile
 
362

 
344

 
33
%
 
33
%
OPGC (3)
India
 
195

 
195

 
49
%
 
49
%
Other affiliates
Various
 
1

 
1

 
 
 
 
Total investments in and advances to affiliates
 
 
$
621

 
$
610

 
 
 
 

_____________________________
(1) 
Represent VIEs in which the Company holds a variable interest but is not the primary beneficiary.
(2) 
The Company's ownership in Guacolda is held through AES Gener, a 67%-owned consolidated subsidiary. AES Gener owns 50% of Guacolda, resulting in an AES effective ownership in Guacolda of 33%.
(3) 
OPGC has one coal-fired project under development which is an expansion of our existing OPGC business. The project started construction in April 2014 and is expected to begin operations in 2018.
Investments In and Advances to Affiliates Financial Information
The following tables summarize financial information of the Company's 50%-or-less-owned affiliates and majority-owned unconsolidated subsidiaries that are accounted for using the equity method in millions:
 
50%-or-less Owned Affiliates
 
Majority-Owned Unconsolidated Subsidiaries
Years ended December 31,
2016
 
2015
 
2014
 
2016
 
2015
 
2014
Revenue
$
586

 
$
641

 
$
928

 
$
23

 
$
24

 
$
2

Operating margin
145

 
152

 
206

 
9

 
11

 

Net income
64

 
210

 
59

 
(2
)
 
6

 

 
 
 
 
 
 
 
 
 
 
 
 
December 31,
2016
 
2015
 
 
 
2016
 
2015
 
 
Current assets
$
308

 
$
376

 
 
 
$
16

 
$
20

 
 
Noncurrent assets
2,577

 
2,132

 
 
 
181

 
211

 
 
Current liabilities
626

 
435

 
 
 
10

 
21

 
 
Noncurrent liabilities
1,209

 
1,044

 
 
 
122

 
153

 
 
Stockholders' equity
1,048

 
1,029

 
 
 
65

 
57