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Consolidated Statements of Cash Flows
$ in Millions
12 Months Ended
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
OPERATING ACTIVITIES:      
Net income (loss) $ (777) $ (777) $ 762
Adjustments to net income (loss):      
Depreciation and amortization 1,169 1,176 1,144
Loss (gain) on sales and disposals of businesses 52 (29) (29)
Impairment expenses 537 1,098 602
Deferred income taxes 672 (793) (50)
Provisions for (reversals of) contingencies 34 48 (72)
Loss on extinguishment of debt 68 20 186
Loss on sale and disposal of assets 43 38 20
Net loss from disposal and impairments of discontinued businesses (611) (1,383) 0
Other 146 168 8
Changes in operating assets and liabilities:      
(Increase) decrease in accounts receivable (177) 237 (378)
(Increase) decrease in inventory (28) 42 (26)
(Increase) decrease in prepaid expenses and other current assets 107 870 655
(Increase) decrease in other assets (295) (251) (1,305)
Increase (decrease) in accounts payable and other current liabilities 163 (620) 31
Increase (decrease) in income tax payables, net and other tax payables 53 (199) 53
Increase (decrease) in other liabilities 111 473 533
Net cash provided by operating activities 2,489 2,884 2,134
INVESTING ACTIVITIES:      
Capital expenditures (2,177) (2,345) (2,308)
Acquisitions of businesses, net of cash acquired, and equity method investments (625) (55) (17)
Proceeds from the sale of businesses, net of cash sold, and equity method investments 108 631 138
Sale of short-term investments 3,540 4,904 4,851
Payments for Advance to Affiliate 89 6 3
Purchase of short-term investments (3,310) (5,151) (4,801)
Increase in restricted cash, debt service reserves, and other assets (135) (61) (159)
Other investing (61) (25) (67)
Net cash used in investing activities (2,749) (2,108) (2,366)
FINANCING ACTIVITIES:      
Borrowings under the revolving credit facilities 2,156 1,465 959
Repayments under the revolving credit facilities (1,742) (1,433) (937)
Issuance of recourse debt 1,025 500 575
Repayments of recourse debt (1,353) (808) (915)
Issuance of non-recourse debt 3,222 2,978 4,248
Repayments of non-recourse debt (2,360) (2,666) (3,312)
Payments for financing fees (100) (105) (90)
Distributions to noncontrolling interests (424) (476) (326)
Contributions from noncontrolling interests and redeemable security holders 73 190 126
Proceeds from the sale of redeemable stock of subsidiaries 0 134 461
Dividends paid on AES common stock (317) (290) (276)
Payments for financed capital expenditures (179) (113) (150)
Purchase of treasury stock 0 (79) (482)
Proceeds from sales to noncontrolling interests, net of transaction costs 94 0 154
Other financing (52) (44) (7)
Net cash provided by (used in) financing activities 43 (747) 28
Effect of exchange rate changes on cash 3 9 (52)
Decrease (increase) in cash of discontinued operations and held-for-sale businesses (81) (12) 25
Total increase (decrease) in cash and cash equivalents (295) 26 (231)
Cash and cash equivalents, beginning 1,244 1,218  
Cash and cash equivalents, ending 949 1,244 1,218
SUPPLEMENTAL DISCLOSURES:      
Cash payments for interest, net of amounts capitalized 1,196 1,273 1,265
Cash payments for income taxes, net of refunds 377 487 388
SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES:      
Assets acquired through capital lease and other liabilities 0 5 18
Dividends declared but not yet paid 86 174 135
NonCash Restructuring and Recapitalization 279 0 0
Non-Cash Long Term Receivables $ 75 $ 0 $ 0