XML 93 R59.htm IDEA: XBRL DOCUMENT v3.10.0.1
Equity (Tables)
12 Months Ended
Dec. 31, 2018
Equity [Abstract]  
Schedule of Net Income Attributable to Parent And Transfers To From Noncontrolling Interests [Text Block] The following table summarizes the net income attributable to The AES Corporation and all transfers (to) from noncontrolling interests for the periods indicated (in millions):
 
 
December 31,
 
 
2018
 
2017
 
2016
Net income (loss) attributable to The AES Corporation
 
$
1,203

 
$
(1,161
)
 
$
(1,130
)
Transfers from noncontrolling interest:
 
 
 
 
 
 
Increase (decrease) in The AES Corporation's paid-in capital for sale of subsidiary shares
 
(3
)
 
13

 
84

Additional paid-in-capital, IPALCO shares, transferred to redeemable stock of subsidiaries (1)
 

 

 
(84
)
Increase (decrease) in The AES Corporation's paid-in-capital for purchase of subsidiary shares
 

 
240

 
(2
)
Net transfers (to) from noncontrolling interest
 
(3
)
 
253

 
(2
)
Change from net income (loss) attributable to The AES Corporation and transfers (to) from noncontrolling interests
 
$
1,200

 
$
(908
)
 
$
(1,132
)

_____________________________
(1)  
See Note 17Redeemable stock of subsidiaries for further information on increase in paid-in-capital transferred to redeemable stock of subsidiaries.
Components of Accumulated Other Comprehensive Income The changes in AOCL by component, net of tax and noncontrolling interests, for the periods indicated were as follows (in millions):
 
Foreign currency translation adjustment, net
 
Derivative gains (losses), net
 
Unfunded pension obligations, net
 
Total
Balance at December 31, 2016
$
(2,147
)
 
$
(323
)
 
$
(286
)
 
$
(2,756
)
Other comprehensive income (loss) before reclassifications
18

 
(14
)
 
(19
)
 
(15
)
Amount reclassified to earnings
643

 
37

 
248

 
928

Other comprehensive income
$
661

 
$
23

 
$
229

 
$
913

Reclassification from NCI due to Alto Maipo Restructuring

 
(33
)
 

 
(33
)
Balance at December 31, 2017
$
(1,486
)
 
$
(333
)
 
$
(57
)
 
$
(1,876
)
Other comprehensive income (loss) before reclassifications
$
(214
)
 
$
(64
)
 
$

 
$
(278
)
Amount reclassified to earnings
(21
)
 
78

 
7

 
64

Other comprehensive income (loss)
$
(235
)
 
$
14

 
$
7

 
$
(214
)
Cumulative effect of a change in accounting principle

 
19

 

 
19

Balance at December 31, 2018
$
(1,721
)
 
$
(300
)
 
$
(50
)
 
$
(2,071
)
Reclassification 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 Consolidated Statements of Operations:
Details About
 
 
 
December 31,
AOCL Components
 
Affected Line Item in the Consolidated Statements of Operations
 
2018
 
2017
 
2016
Foreign currency translation adjustments, net
 
 
 
 
 
 
Gain (loss) on disposal and sale of business interests
 
$
19

 
$
(188
)
 
$

 
 
Net loss from disposal and impairments of discontinued operations
 
2

 
(455
)
 
(992
)
 
 
Net income (loss) attributable to The AES Corporation
 
$
21

 
$
(643
)
 
$
(992
)
Derivative gains (losses), net
 
 
 
 
 
 
Non-regulated revenue
 
$
(6
)
 
$
25

 
$
111

 
 
Non-regulated cost of sales
 
(3
)
 
(12
)
 
(57
)
 
 
Interest expense
 
(49
)
 
(79
)
 
(107
)
 
 
Foreign currency transaction gains
 
(59
)
 
15

 
8

 
 
Income from continuing operations before taxes and equity in earnings of affiliates
 
(117
)
 
(51
)
 
(45
)
 
 
Income tax expense
 
24

 
1

 
8

 
 
Income (loss) from continuing operations
 
(93
)
 
(50
)
 
(37
)
 
 
Less: (Income) loss from continuing operations attributable to noncontrolling interests
 
15

 
13

 
9

 
 
Net income (loss) attributable to The AES Corporation
 
$
(78
)
 
$
(37
)
 
$
(28
)
Amortization of defined benefit pension actuarial losses, net
 
 
 
 
 
 
Non-regulated cost of sales
 

 
1

 

 
 
General and administrative expenses
 

 
(1
)
 
(1
)
 
 
Other expense
 
(6
)
 

 
(1
)
 
 
Income from continuing operations before taxes and equity in earnings of affiliates
 
(6
)
 

 
(2
)
 
 
Income tax expense
 
2

 

 
3

 
 
Income from continuing operations
 
(4
)
 

 
1

 
 
Net loss from disposal and impairments of discontinued operations
 
(2
)
 
(266
)
 
(11
)
 
 
Net income (loss)
 
(6
)
 
(266
)
 
(10
)
 
 
Less: (Income) loss from continuing operations attributable to noncontrolling interests
 
(1
)
 

 
9

 
 
Add: Loss from discontinued operations attributable to noncontrolling interests
 

 
18

 

 
 
Net income (loss) attributable to The AES Corporation
 
$
(7
)
 
$
(248
)
 
$
(1
)
Total reclassifications for the period, net of income tax and noncontrolling interests
 
$
(64
)
 
$
(928
)
 
$
(1,021
)