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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 1,169 $ 1,166
Restricted cash 438 370
Short-term investments 410 313
Accounts receivable, net of allowance for doubtful accounts of $22 and $23, respectively 1,538 1,595
Inventory 496 577
Prepaid expenses 98 130
Other current assets 811 807
Current held-for-sale assets 557 57
Total current assets 5,517 5,015
Property, Plant and Equipment:    
Land 453 449
Electric generation, distribution assets and other 24,824 25,242
Accumulated depreciation (8,440) (8,227)
Construction in progress 4,728 3,932
Property, plant and equipment, net 21,565 21,396
Other Assets:    
Investments in and advances to affiliates 1,086 1,114
Debt service reserves and other deposits 346 467
Goodwill 1,059 1,059
Other intangible assets, net of accumulated amortization of $389 and $457, respectively 460 436
Deferred income taxes 122 97
Loan receivable 1,388 1,423
Other noncurrent assets 1,695 1,514
Total other assets 6,156 6,110
TOTAL ASSETS 33,238 32,521
CURRENT LIABILITIES    
Accounts payable 1,234 1,329
Accrued interest 194 191
Accrued non-income taxes 212 250
Accrued and other liabilities 897 962
Non-recourse debt, including $333 and $479, respectively, related to variable interest entities 1,087 1,659
Current held-for-sale liabilities 418 8
Total current liabilities 4,042 4,399
NONCURRENT LIABILITIES    
Recourse debt 3,915 3,650
Non-recourse debt, including $3,339 and $2,922 respectively, related to variable interest entities 14,753 13,986
Deferred income taxes 1,233 1,280
Other noncurrent liabilities 2,931 2,723
Total noncurrent liabilities 22,832 21,639
Redeemable Noncontrolling Interest, Equity, Carrying Amount 896 879
THE AES CORPORATION STOCKHOLDERS’ EQUITY    
Common stock ($0.01 par value, 1,200,000,000 shares authorized; 817,688,854 issued and 663,797,594 outstanding at June 30, 2019 and 817,203,691 issued and 662,298,096 outstanding at December 31, 2018) 8 8
Additional paid-in capital 8,038 8,154
Accumulated deficit (824) (1,005)
Accumulated other comprehensive loss (2,147) (2,071)
Treasury stock, at cost (153,891,260 and 154,905,595 shares at June 30, 2019 and December 31, 2018, respectively) (1,867) (1,878)
Total AES Corporation stockholders’ equity 3,208 3,208
NONCONTROLLING INTERESTS 2,260 2,396
Total equity 5,468 5,604
TOTAL LIABILITIES AND EQUITY $ 33,238 $ 32,521