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Debt (Tables)
 12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Schedule of Non-recourse debt [Table Text Block]
During the year ended December 31, 2017, the Company's subsidiaries had the following significant debt transactions:
Subsidiary
 
Issuances
 
Repayments
 
Gain (Loss) on Extinguishment of Debt
IPALCO
 
$
608

  
$
(528
)
 
$
(9
)
Tietê
 
585

 
(293
)
 
(5
)
Southland
 
557

 
—

 
—

Gener
 
335

  
(426
)
 
(20
)
AES Argentina
 
310

 
(181
)
 
65

Los Mina
 
303

 
(275
)
 
(4
)
Colon
 
262

 
—

 
—

Masinloc
 
160

  
(51
)
 
—

DPL
 
103

  
(249
)
 
(3
)
Other
 
285

 
(547
)
 
(1
)
Total
 
$
3,508

 
$
(2,550
)
 
$
23
Carrying Amount and Terms of Non-Recourse Debt
The following table summarizes the carrying amount and terms of non-recourse debt at our subsidiaries as of the periods indicated (in millions):
NON-RECOURSE DEBT
Weighted Average Interest Rate
 
Maturity
 
December 31,
2017
 
2016
Variable Rate: (1)
 
 
 
 
 
 
 
Bank loans
4.52%
 
2018 – 2050
 
$
2,488

 
$
2,601

Notes and bonds
8.06%
 
2020 – 2026
 
900

 
471

Debt to (or guaranteed by) multilateral, export credit agencies or development banks (2)
3.28%
 
2023 – 2034
 
3,668

 
3,189

Fixed Rate:
 
 
 
 
 
 
 
Bank loans
4.54%
 
2018 – 2040
 
993

 
767

Notes and bonds
5.68%
 
2019 – 2073
 
7,388

 
7,822

Debt to (or guaranteed by) multilateral, export credit agencies or development banks (2)
5.35%
 
2023 – 2034
 
271

 
328

Other
5.81%
 
2018 – 2061
 
26

 
30

Unamortized (discount) premium & debt issuance (costs), net
 
 
 
 
(394
)
 
(425
)
Subtotal
 
 
 
 
$
15,340

 
$
14,783

Less: Current maturities
 
 
 
 
(2,164
)
 
(1,052
)
Noncurrent maturities
 
 
 
 
$
13,176

 
$
13,731

_____________________________
(1) 
The interest rate on variable rate debt represents the total of a variable component that is based on changes in an interest rate index and of a fixed component. The Company has interest rate swaps and option agreements in an aggregate notional principal amount of approximately $3.6 billion on non-recourse debt outstanding at December 31, 2017. These agreements economically fix the variable component of the interest rates on the portion of the variable-rate debt being hedged so that the total interest rate on that debt has been fixed at rates ranging from approximately 2.49% to 8.00%. The debt agreements expire at various dates from 2018 through 2073.
(2)
Multilateral loans include loans funded and guaranteed by bilaterals, multilaterals, development banks and other similar institutions.
Schedule For Maturity For Non-Recourse Debt
Non-recourse debt as of December 31, 2017 is scheduled to reach maturity as shown below (in millions):
December 31,
Annual Maturities
2018
$
2,245

2019
796

2020
1,396

2021
1,833

2022
1,768

Thereafter
7,696

Unamortized (discount) premium & debt issuance (costs), net
(394
)
Total
$
15,340
Debt In Default Table
The following table summarizes the Company's subsidiary non-recourse debt in default (in millions) as of December 31, 2017. Due to the defaults, these amounts are included in the current portion of non-recourse debt:
 
Primary Nature
of Default
 
December 31, 2017
Subsidiary
Default
 
Net Assets
Alto Maipo (Chile)
Covenant
 
$
618

 
$
352

AES Puerto Rico
Covenant/Payment
 
365

 
692

AES Ilumina
Covenant
 
36

 
54

Total
 
 
$
1,019

 
 
Schedule of Recourse Debt Detail
The following table summarizes the carrying amount and terms of recourse debt of the Company as of the periods indicated (in millions):
 
Interest Rate
 
Final Maturity
 
December 31, 2017
 
December 31, 2016
Senior Unsecured Note
LIBOR + 3.00%
 
2019
 
$
—

 
$
240

Senior Unsecured Note
8.00%
 
2020
 
228

 
469

Senior Unsecured Note
7.38%
 
2021
 
690

 
966

Drawings on secured credit facility
LIBOR + 2.00%
 
2021
 
207

 
—

Senior Secured Term Loan
LIBOR + 2.00%
 
2022
 
521

 
—

Senior Unsecured Note
4.88%
 
2023
 
713

 
713

Senior Unsecured Note
5.50%
 
2024
 
738

 
738

Senior Unsecured Note
5.50%
 
2025
 
573

 
573

Senior Unsecured Note
6.00%
 
2026
 
500

 
500

Senior Unsecured Note
5.13%
 
2027
 
500

 
—

Term Convertible Trust Securities
6.75%
 
2029
 
—

 
517

Unamortized (discount) premium & debt issuance (costs), net
 
 
 
 
(40
)
 
(45
)
Subtotal
 
 
 
 
$
4,630

 
$
4,671

Less: Current maturities
 
 
 
 
(5
)
 
—

Noncurrent maturities
 
 
 
 
$
4,625

 
$
4,671

 
 
 
 
 
 
December 31,
 
 
Interest Rate
 
Maturity
 
2017
 
2016
Senior Unsecured Note
 
LIBOR + 3.00%
 
2019
 
$
—

 
$
240

Senior Unsecured Note
 
8.00%
 
2020
 
228

 
469

Senior Unsecured Note
 
7.38%
 
2021
 
690

 
966

Drawings on secured credit facility
 
LIBOR + 2.00%
 
2021
 
207

 
—

Senior Secured Term Loan
 
LIBOR + 2.00%
 
2022
 
521

 
—

Senior Unsecured Note
 
4.88%
 
2023
 
713

 
713

Senior Unsecured Note
 
5.50%
 
2024
 
738

 
738

Senior Unsecured Note
 
5.50%
 
2025
 
573

 
573

Senior Unsecured Note
 
6.00%
 
2026
 
500

 
500

Senior Unsecured Note
 
5.13%
 
2027
 
500

 
—

Unamortized (discounts)/premiums & debt issuance (costs)
 
 
 
 
 
(40
)
 
(45
)
Subtotal
 
 
 
 
 
$
4,630

 
$
4,154

Less: Current maturities
 
 
 
 
 
(5
)
 
—

Total
 
 
 
 
 
$
4,625

 
$
4,154
Schedule of Future Maturities of Recourse Debt
The following table summarizes the principal amounts due under our recourse debt for the next five years and thereafter (in millions):
December 31,
Net Principal Amounts Due
2018
$
5

2019
5

2020
234

2021
902

2022
500

Thereafter
3,024

Unamortized (discount) premium & debt issuance (costs), net
(40
)
Total recourse debt
$
4,630

As of December 31, 2017 scheduled maturities are presented in the following table (in millions):
December 31,
Annual Maturities
2018
$
5

2019
5

2020
234

2021
902

2022
500

Thereafter
3,024

Unamortized (discount)/premium & debt issuance (costs)
(40
)
Total debt
$
4,630