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Equity
 9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
EQUITY EQUITY
Accumulated Other Comprehensive Loss — The following table summarizes the changes in AOCL by component, net of tax and NCI, for the nine months ended September 30, 2019 (in millions):
 
Foreign currency translation adjustment, net
 
Unrealized derivative gains (losses), net
 
Unfunded pension obligations, net
 
Total
Balance at the beginning of the period
$
(1,721
)
 
$
(300
)
 
$
(50
)
 
$
(2,071
)
Other comprehensive income (loss) before reclassifications
(46
)
 
(299
)
 
2

 
(343
)
Amount reclassified to earnings
23

 
33

 
27

 
83

Other comprehensive income (loss)
(23
)
 
(266
)
 
29

 
(260
)
Cumulative effect of a change in accounting principle
—

 
(4
)
 
—

 
(4
)
Balance at the end of the period
$
(1,744
)
 
$
(570
)
 
$
(21
)
 
$
(2,335
)

Reclassifications out of AOCL are presented in the following table. Amounts for the periods indicated are in millions and those in parentheses indicate debits to the Condensed Consolidated Statements of Operations:
AOCL Components
 
Affected Line Item in the Condensed Consolidated Statements of Operations
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2019
 
2018
 
2019
 
2018
Foreign currency translation adjustment, net
 
 
 
 
Gain (loss) on disposal and sale of business interests
 
$
—

 
$
3

 
$
(23
)
 
$
19

 
 
Net gain from disposal of discontinued operations
 
—

 
—

 
—

 
$
(18
)
 
 
Net income attributable to The AES Corporation
 
$
—

 
$
3

 
$
(23
)
 
$
1

Derivative gains (losses), net
 
 
 
 
 
 
 
 
 
 
Non-regulated revenue
 
$
—

 
$
(1
)
 
$
—

 
$
(6
)
 
 
Non-regulated cost of sales
 
(1
)
 
(1
)
 
(11
)
 
(3
)
 
 
Interest expense
 
(8
)
 
(11
)
 
(23
)
 
(38
)
 
 
Gain (loss) on disposal and sale of business interests
 
—

 
—

 
1

 
—

 
 
Foreign currency transaction gains (losses)
 
(14
)
 
(15
)
 
(11
)
 
(35
)
 
 
Income from continuing operations before taxes and equity in earnings of affiliates
 
(23
)
 
(28
)
 
(44
)
 
(82
)
 
 
Income tax expense
 
6

 
7

 
10

 
15

 
 
Net equity in earnings (losses) of affiliates
 
—

 
—

 
(2
)
 
—

 
 
Income from continuing operations
 
(17
)
 
(21
)
 
(36
)
 
(67
)
 
 
Less: Income from continuing operations attributable to noncontrolling interests and redeemable stock of subsidiaries
 
2

 
1

 
3

 
12

 
 
Net income attributable to The AES Corporation
 
$
(15
)
 
$
(20
)
 
$
(33
)
 
$
(55
)
Amortization of defined benefit pension actuarial loss, net
 
 
 
 
 
 
 
 
 
 
Other expense
 
$
—

 
$
(1
)
 
$
(1
)
 
$
(3
)
 
 
Gain (loss) on disposal and sale of business interests
 
—

 
—

 
(26
)
 
—

 
 
Income from continuing operations before taxes and equity in earnings of affiliates
 
—

 
(1
)
 
(27
)
 
(3
)
 
 
Income from continuing operations
 
—

 
(1
)
 
(27
)
 
(3
)
 
 
Net gain from disposal of discontinued operations
 
—

 
—

 
—

 
(2
)
 
 
Net income
 
—

 
(1
)
 
(27
)
 
(5
)
 
 
Net income attributable to The AES Corporation
 
$
—

 
$
(1
)
 
$
(27
)
 
$
(5
)
Total reclassifications for the period, net of income tax and noncontrolling interests
 
$
(15
)
 
$
(18
)
 
$
(83
)
 
$
(59
)

Common Stock Dividends — The Parent Company paid dividends of $0.1365 per outstanding share to its common stockholders during the first, second and third quarters of 2019 for dividends declared in December 2018, February 2019 and July 2019, respectively.
On October 4, 2019, the Board of Directors declared a quarterly common stock dividend of $0.1365 per share payable on November 15, 2019, to shareholders of record at the close of business on November 1, 2019.