XML 23 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 1,426 $ 1,166
Restricted cash 519 370
Short-term investments 378 313
Accounts receivable, net of allowance for doubtful accounts of $23 and $23, respectively 1,564 1,595
Inventory 579 577
Prepaid expenses 111 130
Other current assets 703 807
Current held-for-sale assets 575 57
Total current assets 5,855 5,015
Property, Plant and Equipment:    
Land 450 449
Electric generation, distribution assets and other 24,844 25,242
Accumulated depreciation (8,273) (8,227)
Construction in progress 4,207 3,932
Property, plant and equipment, net 21,228 21,396
Other Assets:    
Investments in and advances to affiliates 1,147 1,114
Debt service reserves and other deposits 430 467
Goodwill 1,059 1,059
Other intangible assets, net of accumulated amortization of $467 and $457, respectively 467 436
Deferred income taxes 108 97
Loan receivable 1,406 1,423
Other noncurrent assets 1,771 1,514
Total other assets 6,388 6,110
TOTAL ASSETS 33,471 32,521
CURRENT LIABILITIES    
Accounts payable 1,224 1,329
Accrued interest 265 191
Accrued non-income taxes 271 250
Accrued and other liabilities 914 962
Non-recourse debt, including $338 and $479, respectively, related to variable interest entities 1,265 1,659
Current held-for-sale liabilities 418 8
Total current liabilities 4,357 4,399
NONCURRENT LIABILITIES    
Recourse debt 3,895 3,650
Non-recourse debt, including $3,077 and $2,922 respectively, related to variable interest entities 14,550 13,986
Deferred income taxes 1,302 1,280
Other noncurrent liabilities 2,828 2,723
Total noncurrent liabilities 22,575 21,639
Redeemable Noncontrolling Interest, Equity, Carrying Amount 890 879
THE AES CORPORATION STOCKHOLDERS’ EQUITY    
Common stock ($0.01 par value, 1,200,000,000 shares authorized; 817,593,854 issued and 663,694,956 outstanding at March 31, 2019 and 817,203,691 issued and 662,298,096 outstanding at December 31, 2018) 8 8
Additional paid-in capital 8,039 8,154
Accumulated deficit (839) (1,005)
Accumulated other comprehensive loss (2,107) (2,071)
Treasury stock, at cost (153,898,898 and 154,905,595 shares at March 31, 2019 and December 31, 2018, respectively) (1,867) (1,878)
Total AES Corporation stockholders’ equity 3,234 3,208
NONCONTROLLING INTERESTS 2,415 2,396
Total equity 5,649 5,604
TOTAL LIABILITIES AND EQUITY $ 33,471 $ 32,521