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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
CURRENT ASSETS    
Cash and cash equivalents $ 1,212 $ 949
Restricted cash 415 274
Short-term investments 617 424
Accounts receivable, net of allowance for doubtful accounts of $13 and $10, respectively 1,498 1,463
Inventory 569 562
Prepaid expenses 66 62
Other current assets 703 630
Current assets of discontinued operations and held-for-sale businesses 358 2,034
Total current assets 5,438 6,398
Property, Plant and Equipment:    
Land 502 502
Electric generation, distribution assets and other 24,311 24,119
Accumulated depreciation (8,168) (7,942)
Construction in progress 4,043 3,617
Property, plant and equipment, net 20,688 20,296
Other Assets:    
Investments in and advances to affiliates 1,282 1,197
Debt service reserves and other deposits 541 565
Goodwill 1,059 1,059
Other intangible assets, net of accumulated amortization of $454 and $441, respectively 362 366
Deferred income taxes 94 130
Service concession assets, net of accumulated amortization of $0 and $206, respectively 0 1,360
Notes, Loans and Financing Receivable, Gross, Noncurrent 1,474 0
Other noncurrent assets 1,635 1,741
Total other assets 6,447 6,418
TOTAL ASSETS 32,573 33,112
CURRENT LIABILITIES    
Accounts payable 1,317 1,371
Accrued interest 289 228
Accrued and other liabilities 1,182 1,232
Non-recourse debt, includes $986 and $1,012, respectively, related to variable interest entities 2,025 2,164
Current liabilities of discontinued operations and held-for-sale businesses 63 1,033
Total current liabilities 4,876 6,028
NONCURRENT LIABILITIES    
Recourse debt 4,060 4,625
Non-recourse debt, includes $1,570 and $1,358, respectively, related to variable interest entities 13,601 13,176
Deferred income taxes 1,207 1,006
Pension and other postretirement liabilities 189 230
Other noncurrent liabilities 2,264 2,365
Total noncurrent liabilities 21,321 21,402
Commitments and Contingencies (see Note 8)
Temporary Equity, Carrying Amount, Including Portion Attributable to Noncontrolling Interests 851 837
THE AES CORPORATION STOCKHOLDERS’ EQUITY    
Common stock ($0.01 par value, 1,200,000,000 shares authorized; 816,331,182 issued and 661,364,449 outstanding at March 31, 2018 and 816,312,913 issued and 660,388,128 outstanding at December 31, 2017) 8 8
Additional paid-in capital 8,397 8,501
Accumulated deficit (1,525) (2,276)
Accumulated other comprehensive loss (1,808) (1,876)
Treasury stock, at cost (154,966,733 and 155,924,785 shares at March 31, 2018 and December 31, 2017, respectively) (1,879) (1,892)
Total AES Corporation stockholders’ equity 3,193 2,465
NONCONTROLLING INTERESTS 2,332 2,380
Total equity 5,525 4,845
TOTAL LIABILITIES AND EQUITY $ 32,573 $ 33,112