Discontinued Operations and Held-For-Sale Businesses (Tables)

12 Months Ended

Dec. 31, 2017

Discontinued Operations [Abstract]

Disposal Groups, Including Discontinued Operations [Table Text Block]

egment.

The following table summarizes the carrying amounts of the major classes of assets and liabilities of discontinued operations at December 31, 2017 and December 31, 2016:

(in millions)	December 31, 2017		December 31, 2016
Assets of discontinued operations and held-for-sale businesses:
Cash and cash equivalents	$	—	$	61
Short-term investments	—		268
Accounts receivable, net of allowance for doubtful accounts of $0 and $94, respectively	—		745
Other current assets	—		499
Property, plant and equipment and intangibles, net	—		2,504
Investments in and advances to affiliates (1)	86		—
Deferred income taxes	—		554
Other classes of assets that are not major	—		305
Total assets of discontinued operations	$	86	$	4,936
Other assets of businesses classified as held-for-sale (2)	1,948		—
Total assets of discontinued operations and held-for-sale businesses (3)	$	2,034	$	4,936
Liabilities of discontinued operations and held-for-sale businesses:
Accounts payable	$	—	$	418
Accrued and other liabilities	—		954
Non-recourse debt	—		1,009
Pension and other postretirement liabilities	—		1,159
Other noncurrent liabilities	—		678
Other classes of liabilities that are not major	—		31
Total liabilities of discontinued operations	$	—	$	4,249
Other liabilities of businesses classified as held-for-sale (2)	1,033		—
Total liabilities of discontinued operations and held-for-sale businesses (3)	$	1,033	$	4,249

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⁽¹⁾  Represents the Company's 17% ownership interest in Eletropaulo.

⁽²⁾  Masinloc, Eletrica Santiago, and the DPL peaker assets were classified as held-for-sale as of December 31, 2017. See Note 22—Held-for-Sale Businesses and Dispositionsfor further information.

⁽³⁾  Amounts at December 31, 2016 are classified as both current and long-term on the Consolidated Balance Sheet.

The following table summarizes the major line items constituting losses from discontinued operations for the periods indicated (in millions):

December 31,	2017			2016			2015
Income (loss) from discontinued operations, net of tax:
Revenue — regulated	$	3,320		$	4,036		$	4,430
Cost of sales	(3,151		)	(3,954		)	(4,227		)
Other income and expense items that are not major (1)	(166		)	(160		)	(70		)
Income (loss) from operations of discontinued businesses	3			(78		)	133
Loss from disposal and impairments of discontinued businesses	(611		)	(1,385		)	—
Income (loss) from discontinued operations	(608		)	(1,463		)	133
Less: Net income attributable to noncontrolling interests	(25		)	(142		)	(92		)
Income (loss) from discontinued operations attributable to The AES Corporation	(633		)	(1,605		)	41
Income tax benefit (expense)	(21		)	495			(53		)
Loss from discontinued operations, net of tax	$	(654	)	$	(1,110	)	$	(12	)

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⁽¹⁾  Includes a loss contingency recognized by our equity method investment in discontinued operations.

The following table summarizes the operating and investing cash flows from discontinued operations for the periods indicated (in mill