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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues $ 10,736 $ 10,530 $ 10,281
Cost of Goods and Services Sold 8,163 8,065 7,898
Operating margin 2,573 2,465 2,383
General and administrative expenses (192) (215) (194)
Interest expense (1,056) (1,170) (1,134)
Interest income 310 244 245
Loss on extinguishment of debt (188) (68) (13)
Other expense (58) (58) (80)
Other income 72 120 64
Gain (loss) on disposal and sale of business interests 984 (52) 29
Asset impairment expense (208) (537) (1,096)
Foreign currency transaction gains (losses) (72) 42 (15)
Other non-operating expense (147) 0 (2)
INCOME FROM CONTINUING OPERATIONS BEFORE TAXES AND EQUITY IN EARNINGS OF AFFILIATES 2,018 771 187
Income tax expense (708) (990) (32)
Net equity in earnings of affiliates 39 71 36
INCOME (LOSS) FROM CONTINUING OPERATIONS 1,349 (148) 191
Income (loss) from operations of discontinued businesses, net of income tax benefit (expense) of $(2), $(21), and $229, respectively (9) (18) 151
Gain (loss) from disposal and impairments of discontinued businesses, net of income tax benefit (expense) of $(44), $0, and $266, respectively 225 (611) (1,119)
NET INCOME (LOSS) 1,565 (777) (777)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Noncontrolling Interest (364) (359) (211)
Less: Loss (income) from discontinued operations attributable to noncontrolling interests 2 (25) (142)
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION 1,203 (1,161) (1,130)
AMOUNTS ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS:      
Income (loss) from continuing operations, net of tax 985 (507) (20)
Income (loss) from discontinued operations, net of tax 218 (654) (1,110)
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION $ 1,203 $ (1,161) $ (1,130)
BASIC EARNINGS PER SHARE:      
Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax $ 1.49 $ (0.77) $ (0.04)
Income (loss) from discontinued operations attributable to The AES Corporation common stockholders, net of tax 0.33 (0.99) (1.68)
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS 1.82 (1.76) (1.72)
DILUTED EARNINGS PER SHARE:      
Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax 1.48 (0.77) (0.04)
Income (loss) from discontinued operations attributable to The AES Corporation common stockholders, net of tax 0.33 (0.99) (1.68)
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS 1.81 (1.76) (1.72)
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 0.53 $ 0.49 $ 0.45
Electricity, Generation [Member]      
Revenues $ 7,797 $ 7,421 $ 6,971
Cost of Goods and Services Sold 5,690 5,415 5,059
Electric Distribution [Member]      
Revenues 2,939 3,109 3,310
Cost of Goods and Services Sold $ 2,473 $ 2,650 $ 2,839