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Equity (Tables)
 6 Months Ended
Jun. 30, 2018
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):
 
Six Months Ended June 30, 2018
 
Six Months Ended June 30, 2017
 
The Parent Company Stockholders’ Equity
 
NCI
 
Total Equity
 
The Parent Company Stockholders’ Equity
 
NCI
 
Total Equity
Balance at the beginning of the period
$
2,465

 
$
2,380

 
$
4,845

 
$
2,794

 
$
2,906

 
$
5,700

Net income (1)
974

 
219

 
1,193

 
29

 
219

 
248

Total foreign currency translation adjustment, net of income tax
(173
)
 
58

 
(115
)
 
48

 
(1
)
 
47

Total change in derivative fair value, net of income tax
38

 
25

 
63

 
—

 
2

 
2

Total pension adjustments, net of income tax
4

 
—

 
4

 
—

 
13

 
13

Cumulative effect of a change in accounting principle (2)
87

 
81

 
168

 
31

 
—

 
31

Fair value adjustment (3)
(5
)
 
—

 
(5
)
 
(7
)
 
—

 
(7
)
Disposition of businesses (4)
—

 
(249
)
 
(249
)
 
—

 
—

 
—

Distributions to noncontrolling interests
—

 
(185
)
 
(185
)
 
—

 
(198
)
 
(198
)
Contributions from noncontrolling interests
—

 
5

 
5

 
—

 
17

 
17

Dividends declared on common stock
(86
)
 
—

 
(86
)
 
(79
)
 
—

 
(79
)
Issuance and exercise of stock-based compensation
6

 
—

 
6

 
9

 
—

 
9

Sale of subsidiary shares to noncontrolling interests
(1
)
 
7

 
6

 
(4
)
 
22

 
18

Acquisition of subsidiary shares from noncontrolling interests
—

 
—

 
—

 
200

 
67

 
267

Less: Net loss attributable to redeemable stock of subsidiaries
—

 
7

 
7

 
—

 
6

 
6

Balance at the end of the period
$
3,309

 
$
2,348

 
$
5,657

 
$
3,021

 
$
3,053

 
$
6,074


_____________________________
(1)  
Net income attributable to noncontrolling interest of $226 million and net loss attributable to redeemable stocks of subsidiaries of $7 million for the six months ended June 30, 2018. Net income attributable to noncontrolling interest of $225 million and net loss attributable to redeemable stock of subsidiaries of $6 million for the six months ended June 30, 2017.
(2)  
See Note 1—Financial Statement Presentation, New Accounting Standards Adopted for further information.
(3)  
Adjustment to record the 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 six months ended June 30, 2018 (in millions):
 
Foreign currency translation adjustment, net
 
Unrealized derivative gains (losses), net
 
Unfunded pension obligations, net
 
Total
Balance at the beginning of the period
$
(1,486
)
 
$
(333
)
 
$
(57
)
 
$
(1,876
)
Other comprehensive income (loss) before reclassifications
(175
)
 
3

 
—

 
(172
)
Amount reclassified to earnings
2

 
35

 
4

 
41

Other comprehensive income (loss)
(173
)
 
38

 
4

 
(131
)
Cumulative effect of a change in accounting principle
—

 
19

 
—

 
19

Balance at the end of the period
$
(1,659
)
 
$
(276
)
 
$
(53
)
 
$
(1,988
)
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:
AOCL Components
 
Affected Line Item in the Condensed Consolidated Statements of Operations
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2018
 
2017
 
2018
 
2017
Foreign currency translation adjustment, net
 
 
 
 
Gain (loss) on disposal and sale of businesses
 
$
—

 
$
(95
)
 
$
16

 
$
(98
)
 
 
Net gain from disposal of discontinued businesses
 
(18
)
 
—

 
(18
)
 
$
—

 
 
Net income attributable to The AES Corporation
 
$
(18
)
 
$
(95
)
 
$
(2
)
 
$
(98
)
Unrealized derivative gains (losses), net
 
 
 
 
 
 
 
 
 
 
Non-regulated revenue
 
$
(1
)
 
$
—

 
$
(5
)
 
$
10

 
 
Non-regulated cost of sales
 
(1
)
 
1

 
(2
)
 
(9
)
 
 
Interest expense
 
(12
)
 
(20
)
 
(27
)
 
(43
)
 
 
Foreign currency transaction gains (losses)
 
(31
)
 
(20
)
 
(20
)
 
(18
)
 
 
Income from continuing operations before taxes and equity in earnings of affiliates
 
(45
)
 
(39
)
 
(54
)
 
(60
)
 
 
Income tax expense
 
9

 
10

 
8

 
11

 
 
Income from continuing operations
 
(36
)
 
(29
)
 
(46
)
 
(49
)
 
 
Less: Net income from continuing operations attributable to noncontrolling interests and redeemable stock of subsidiaries
 
8

 
9

 
11

 
9

 
 
Net income attributable to The AES Corporation
 
$
(28
)
 
$
(20
)
 
$
(35
)
 
$
(40
)
Amortization of defined benefit pension actuarial loss, net
 
 
 
 
 
 
 
 
 
 
General and administrative expenses
 
$
—

 
$
—

 
$
(1
)
 
$
1

 
 
Other expense
 
(1
)
 
—

 
(1
)
 
—

 
 
Income from continuing operations before taxes and equity in earnings of affiliates
 
(1
)
 
—

 
(2
)
 
1

 
 
Income from continuing operations
 
(1
)
 
—

 
(2
)
 
1

 
 
Net income (loss) from operations of discontinued businesses
 
1

 
(7
)
 
—

 
(14
)
 
 
Net gain from disposal of discontinued operations
 
(2
)
 
—

 
(2
)
 
—

 
 
Net income
 
(2
)
 
(7
)
 
(4
)
 
(13
)
 
 
Less: Net loss (income) from discontinued operations attributable to noncontrolling interest
 
—

 
5

 
—

 
10

 
 
Net income attributable to The AES Corporation
 
$
(2
)
 
$
(2
)
 
$
(4
)
 
$
(3
)
Total reclassifications for the period, net of income tax and noncontrolling interests
 
$
(48
)
 
$
(117
)
 
$
(41
)
 
$
(141
)