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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 1,145 $ 1,166
Restricted cash 455 370
Short-term investments 334 313
Accounts receivable, net of allowance for doubtful accounts of $21 and $23, respectively 1,503 1,595
Inventory 495 577
Prepaid expenses 72 130
Other current assets 856 807
Current held-for-sale assets 610 57
Total current assets 5,470 5,015
Property, Plant and Equipment:    
Land 442 449
Electric generation, distribution assets and other 25,148 25,242
Accumulated depreciation (8,599) (8,227)
Construction in progress 4,862 3,932
Property, plant and equipment, net 21,853 21,396
Other Assets:    
Investments in and advances to affiliates 1,209 1,114
Debt service reserves and other deposits 241 467
Goodwill 1,059 1,059
Other intangible assets, net of accumulated amortization of $302 and $457, respectively 462 436
Deferred income taxes 135 97
Loan receivable 1,370 1,423
Other noncurrent assets 1,624 1,514
Total other assets 6,100 6,110
TOTAL ASSETS 33,423 32,521
CURRENT LIABILITIES    
Accounts payable 1,237 1,329
Accrued interest 236 191
Accrued non-income taxes 230 250
Accrued and other liabilities 951 962
Non-recourse debt, including $312 and $479, respectively, related to variable interest entities 1,882 1,659
Current held-for-sale liabilities 455 8
Total current liabilities 4,991 4,399
NONCURRENT LIABILITIES    
Recourse debt 3,556 3,650
Non-recourse debt, including $3,350 and $2,922 respectively, related to variable interest entities 14,323 13,986
Deferred income taxes 1,198 1,280
Other noncurrent liabilities 3,083 2,723
Total noncurrent liabilities 22,160 21,639
Redeemable Noncontrolling Interest, Equity, Carrying Amount 886 879
THE AES CORPORATION STOCKHOLDERS’ EQUITY    
Common stock ($0.01 par value, 1,200,000,000 shares authorized; 817,783,916 issued and 663,892,656 outstanding at September 30, 2019 and 817,203,691 issued and 662,298,096 outstanding at December 31, 2018) 8 8
Additional paid-in capital 7,948 8,154
Accumulated deficit (614) (1,005)
Accumulated other comprehensive loss (2,335) (2,071)
Treasury stock, at cost (153,891,260 and 154,905,595 shares at September 30, 2019 and December 31, 2018, respectively) (1,867) (1,878)
Total AES Corporation stockholders’ equity 3,140 3,208
NONCONTROLLING INTERESTS 2,246 2,396
Total equity 5,386 5,604
TOTAL LIABILITIES AND EQUITY $ 33,423 $ 32,521