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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues $ 10,189 $ 10,736 $ 10,530
Cost of Goods and Services Sold 7,840 8,163 8,065
Operating margin 2,349 2,573 2,465
General and administrative expenses (196) (192) (215)
Interest expense (1,050) (1,056) (1,170)
Interest income 318 310 244
Loss on extinguishment of debt (169) (188) (68)
Other expense 80 58 58
Other income 145 72 120
Gain (loss) on disposal and sale of business interests 28 984 (52)
Asset impairment expense (185) (208) (537)
Foreign currency transaction gains (losses) (67) (72) 42
Other non-operating expense (92) (147) 0
INCOME FROM CONTINUING OPERATIONS BEFORE TAXES AND EQUITY IN EARNINGS OF AFFILIATES 1,001 2,018 771
Income tax expense (352) (708) (990)
Net equity in earnings (losses) of affiliates (172) 39 71
INCOME (LOSS) FROM CONTINUING OPERATIONS 477 1,349 (148)
Loss from operations of discontinued businesses, net of income tax expense of $0, $2, and $21, respectively 0 (9) (18)
Gain (loss) from disposal of discontinued businesses, net of income tax expense of $0, $44, and $0, respectively 1 225 (611)
NET INCOME (LOSS) 478 1,565 (777)
Less: Income (Loss) from Continuing Operations, Net of Tax, Attributable to Noncontrolling Interest 175 364 359
Less: Loss (income) from discontinued operations attributable to noncontrolling interests 0 2 (25)
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION 303 1,203 (1,161)
AMOUNTS ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS:      
Income (loss) from continuing operations, net of tax 302 985 (507)
Income (loss) from discontinued operations, net of tax 1 218 (654)
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION $ 303 $ 1,203 $ (1,161)
BASIC EARNINGS PER SHARE:      
Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax $ 0.46 $ 1.49 $ (0.77)
Income (loss) from discontinued operations attributable to The AES Corporation common stockholders, net of tax 0 0.33 (0.99)
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS 0.46 1.82 (1.76)
DILUTED EARNINGS PER SHARE:      
Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax 0.45 1.48 (0.77)
Income (loss) from discontinued operations attributable to The AES Corporation common stockholders, net of tax 0 0.33 (0.99)
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS $ 0.45 $ 1.81 $ (1.76)
Electricity, Generation [Member]      
Revenues $ 7,161 $ 7,797 $ 7,421
Cost of Goods and Services Sold 5,356 5,690 5,415
Electric Distribution [Member]      
Revenues 3,028 2,939 3,109
Cost of Goods and Services Sold $ 2,484 $ 2,473 $ 2,650