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Equity (Tables)
 9 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Schedule of Stockholders Equity
The following table is a reconciliation of the beginning and ending equity attributable to stockholders of The AES Corporation, NCI and total equity as of the periods indicated (in millions):
 
Nine Months Ended September 30, 2017
 
Nine Months Ended September 30, 2016
 
The Parent Company Stockholders’ Equity
 
NCI
 
Total Equity
 
The Parent Company Stockholders’ Equity
 
NCI
 
Total Equity
Balance at the beginning of the period
$
2,794

 
$
2,906

 
$
5,700

 
$
3,149

 
$
3,022

 
$
6,171

Net income (loss) (1)
181

 
328

 
509

 
(181
)
 
97

 
(84
)
Total foreign currency translation adjustment, net of income tax
117

 
10

 
127

 
179

 
53

 
232

Total change in derivative fair value, net of income tax
5

 
3

 
8

 
(52
)
 
(63
)
 
(115
)
Total pension adjustments, net of income tax
1

 
19

 
20

 
3

 
7

 
10

Cumulative effect of a change in accounting principle (2)
31

 
—

 
31

 
—

 
—

 
—

Fair value adjustment (3)
(19
)
 
—

 
(19
)
 
(4
)
 
—

 
(4
)
Disposition of businesses
—

 
—

 
—

 
—

 
18

 
18

Distributions to noncontrolling interests
—

 
(261
)
 
(261
)
 
(2
)
 
(293
)
 
(295
)
Contributions from noncontrolling interests
—

 
17

 
17

 
—

 
23

 
23

Dividends declared on common stock
(158
)
 
—

 
(158
)
 
(144
)
 
—

 
(144
)
Purchase of treasury stock
—

 
—

 
—

 
(79
)
 
—

 
(79
)
Issuance and exercise of stock-based compensation benefit plans
12

 
—

 
12

 
15

 
—

 
15

Sale of subsidiary shares to noncontrolling interests
22

 
47

 
69

 
—

 
17

 
17

Acquisition of subsidiary shares from noncontrolling interests
200

 
(85
)
 
115

 
(2
)
 
(3
)
 
(5
)
Less: Net loss attributable to redeemable stock of subsidiaries
—

 
9

 
9

 
—

 
8

 
8

Balance at the end of the period
$
3,186

 
$
2,993

 
$
6,179

 
$
2,882

 
$
2,886

 
$
5,768


_____________________________
(1)  
Net income attributable to noncontrolling interest of $337 million and net loss attributable to redeemable stocks of subsidiaries of $9 million for the nine months ended September 30, 2017. Net income attributable to noncontrolling interest of $105 million and net loss attributable to redeemable stock of subsidiaries of $8 million for the nine months ended September 30, 2016.
(2)  
See Note 1—Financial Statement Presentation, New Accounting Standards Adopted for further information.
(3)  
Adjustment to record the of redeemable stock of Colon at fair value.
Components Of Accumulated Other Comprehensive Income
The following table summarizes the changes in AOCL by component, net of tax and NCI, for the nine months ended September 30, 2017 (in millions):
 
Foreign currency translation adjustment, net
 
Unrealized derivative gains (losses), net
 
Unfunded pension obligations, net
 
Total
Balance at the beginning of the period
$
(2,147
)
 
$
(323
)
 
$
(286
)
 
$
(2,756
)
Other comprehensive income (loss) before reclassifications
19

 
(35
)
 
(3
)
 
(19
)
Amount reclassified to earnings
98

 
40

 
4

 
142

Other comprehensive income
117

 
5

 
1

 
123

Reclassification from NCI due to Alto Maipo Restructuring
—

 
(33
)
 
—

 
(33
)
Balance at the end of the period
$
(2,030
)
 
$
(351
)
 
$
(285
)
 
$
(2,666
)
Schedule Of Amounts Reclassified Out Of Accumulated Other Comprehensive Income

Reclassifications out of AOCL are presented in the following table. Amounts for the periods indicated are in millions and those in parenthesis indicate debits to the Condensed Consolidated Statements of Operations:
Details About AOCL Components
 
Affected Line Item in the Condensed Consolidated Statements of Operations
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2017
 
2016
 
2017
 
2016
Foreign currency translation adjustment, net
 
 
 
 
Loss on disposal and sale of businesses
 
$
—

 
$
—

 
$
(98
)
 
$
—

 
 
Net income (loss) attributable to The AES Corporation
 
$
—

 
$
—

 
$
(98
)
 
$
—

Unrealized derivative gains (losses), net
 
 
 
 
Non-regulated revenue
 
$
12

 
$
20

 
$
22

 
$
94

 
 
Non-regulated cost of sales
 
(2
)
 
(17
)
 
(11
)
 
(54
)
 
 
Interest expense
 
(20
)
 
(25
)
 
(63
)
 
(86
)
 
 
Foreign currency transaction gains (losses)
 
14

 
(3
)
 
(4
)
 
18

 
 
Income (loss) from continuing operations before taxes and equity in earnings of affiliates
 
4

 
(25
)
 
(56
)
 
(28
)
 
 
Income tax benefit (expense)
 
(5
)
 
4

 
6

 
5

 
 
Loss from continuing operations
 
(1
)
 
(21
)
 
(50
)
 
(23
)
 
 
Less: Net loss from operations attributable to noncontrolling interests and redeemable stock of subsidiaries
 
1

 
5

 
10

 
4

 
 
Net income (loss) attributable to The AES Corporation
 
$
—

 
$
(16
)
 
$
(40
)
 
$
(19
)
Amortization of defined benefit pension actuarial loss, net
 
 
 
 
Regulated cost of sales
 
$
(10
)
 
$
(4
)
 
$
(30
)
 
$
(13
)
 
 
General and administrative expenses
 
—

 
—

 
1

 
—

 
 
Other expense
 
(1
)
 
—

 
(1
)
 
—

 
 
Loss from continuing operations before taxes and equity in earnings of affiliates
 
(11
)
 
(4
)
 
(30
)
 
(13
)
 
 
Income tax benefit
 
4

 
2

 
10

 
4

 
 
Loss from continuing operations
 
(7
)
 
(2
)
 
(20
)
 
(9
)
 
 
Net loss from disposal and impairments of discontinued businesses
 
—

 
(1
)
 
—

 
(1
)
 
 
Net loss
 
(7
)
 
(3
)
 
(20
)
 
(10
)
 
 
Less: Net loss from operations attributable to noncontrolling interests and redeemable stock of subsidiaries
 
6

 
2

 
16

 
7

 
 
Net income (loss) attributable to The AES Corporation
 
$
(1
)
 
$
(1
)
 
$
(4
)
 
$
(3
)
Total reclassifications for the period, net of income tax and noncontrolling interests
 
$
(1
)
 
$
(17
)
 
$
(142
)
 
$
(22
)