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Debt (Tables)
 12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Schedule of Non-recourse debt [Table Text Block] During the year ended December 31, 2019, the Company's subsidiaries had the following significant debt transactions:
Subsidiary
Transaction Period
 
Issuances
 
Repayments
 
Gain (Loss) on Extinguishment of Debt
Southland (1)
Q1, Q2, Q3, Q4
 
$
930

 
$
(210
)
 
$
(1
)
Gener
Q1, Q2, Q4
 
1,000

 
(697
)
 
(29
)
DPL (2)
Q2
 
825

 
(835
)
 
(43
)
Tietê
Q2
 
561

 
(533
)
 
(3
)
Mong Duong (3)
Q3
 
1,120

 
(1,081
)
 
(31
)
Colon
Q3
 
610

 
(579
)
 
(28
)
Cochrane
Q4
 
875

 
(833
)
 
(24
)
TEGTEP
Q4
 
280

 
(248
)
 
(1
)

_____________________________
(1) 
Issuances relate to the June 2017 long-term non-recourse debt financing to fund the Southland re-powering construction projects, a non-recourse bridge loan in September 2019, and long-term non-recourse debt financing issued in December 2019 to settle the bridge loan.
Carrying Amount and Terms of Non-Recourse Debt The following table summarizes the carrying amount and terms of non-recourse debt at our subsidiaries as of the periods indicated (in millions):
NON-RECOURSE DEBT
Weighted Average Interest Rate
 
Maturity
 
December 31,
2019
 
2018
Variable Rate:
 
 
 
 
 
 
 
Bank loans
4.25%
 
2020 – 2050
 
$
3,389

 
$
2,600

Notes and bonds
3.99%
 
2020 – 2030
 
1,056

 
821

Debt to (or guaranteed by) multilateral, export credit agencies or development banks (1)
1.73%
 
2023 – 2033
 
460

 
3,292

Fixed Rate:
 
 
 
 
 
 
 
Bank loans
5.19%
 
2020 – 2040
 
2,900

 
1,684

Notes and bonds
5.51%
 
2020 – 2079
 
8,098

 
7,346

Debt to (or guaranteed by) multilateral, export credit agencies or development banks (1)
6.09%
 
2023 – 2029
 
1,110

 
246

Other
4.20%
 
2061
 
17

 
24

Unamortized (discount) premium & debt issuance (costs), net
 
 
 
 
(318
)
 
(368
)
Subtotal
 
 
 
 
$
16,712

 
$
15,645

Less: Current maturities (2)
 
 
 
 
(1,865
)
 
(1,659
)
Noncurrent maturities (2)
 
 
 
 
$
14,847

 
$
13,986

_____________________________
(1) 
Multilateral loans include loans funded and guaranteed by bilaterals, multilaterals, development banks and other similar institutions.
Schedule For Maturity For Non-Recourse Debt
Non-recourse debt as of December 31, 2019 is scheduled to reach maturity as shown below (in millions):
December 31,
Annual Maturities
2020
$
1,883

2021
1,648

2022
999

2023
1,125

2024
1,180

Thereafter
10,195

Unamortized (discount) premium & debt issuance (costs), net
(318
)
Total
$
16,712
Debt In Default Table
The following table summarizes the Company's subsidiary non-recourse debt in default (in millions) as of December 31, 2019. Due to the defaults, these amounts are included in the current portion of non-recourse debt:
 
Primary Nature
of Default
 
December 31, 2019
Subsidiary
Default
 
Net Assets
AES Puerto Rico
Covenant
 
$
287

 
$
151

AES Ilumina (Puerto Rico)
Covenant
 
33

 
19

AES Jordan Solar (1)
Covenant
 
5

 
4

Total
 
 
$
325

 

_____________________________
(1) 
Classified as current held-for-sale liability on the Consolidated Balance Sheets.
Schedule of Recourse Debt Detail The following table summarizes the carrying amount and terms of recourse debt of the Company as of the periods indicated (in millions):
 
Interest Rate
 
Final Maturity
 
December 31, 2019
 
December 31, 2018
Senior Unsecured Note
4.00%
 
2021
 
500

 
500

Senior Secured Term Loan
LIBOR + 1.75%
 
2022
 
18

 
366

Senior Unsecured Note
4.875%
 
2023
 
613

 
713

Senior Unsecured Note
4.50%
 
2023
 
500

 
500

Drawings on secured credit facility
LIBOR + 1.75%
 
2024
 
180

 
—

Senior Unsecured Note
5.50%
 
2024
 
63

 
63

Senior Unsecured Note
5.50%
 
2025
 
544

 
544

Senior Unsecured Note
6.00%
 
2026
 
500

 
500

Senior Unsecured Note
5.125%
 
2027
 
500

 
500

Unamortized (discount) premium & debt issuance (costs), net
 
 
 
 
(22
)
 
(31
)
Subtotal
 
 
 
 
$
3,396

 
$
3,655

Less: Current maturities
 
 
 
 
(5
)
 
(5
)
Noncurrent maturities
 
 
 
 
$
3,391

 
$
3,650


 
 
 
 
 
 
December 31,
 
 
Interest Rate
 
Maturity
 
2019
 
2018
Senior Unsecured Note
 
4.00%
 
2021
 
500

 
500

Senior Secured Term Loan
 
LIBOR + 1.75%
 
2022
 
18

 
366

Senior Unsecured Note
 
4.875%
 
2023
 
613

 
713

Senior Unsecured Note
 
4.50%
 
2023
 
500

 
500

Drawings on secured credit facility
 
LIBOR + 1.75%
 
2024
 
180

 
—

Senior Unsecured Note
 
5.50%
 
2024
 
63

 
63

Senior Unsecured Note
 
5.50%
 
2025
 
544

 
544

Senior Unsecured Note
 
6.00%
 
2026
 
500

 
500

Senior Unsecured Note
 
5.125%
 
2027
 
500

 
500

Unamortized (discounts)/premiums & debt issuance (costs)
 
 
 
 
 
(22
)
 
(31
)
Subtotal
 
 
 
 
 
$
3,396

 
$
3,655

Less: Current maturities
 
 
 
 
 
(5
)
 
(5
)
Total
 
 
 
 
 
$
3,391

 
$
3,650
Schedule of Future Maturities of Recourse Debt
The following table summarizes the principal amounts due under our recourse debt for the next five years and thereafter (in millions):
December 31,
Net Principal Amounts Due
2020
$
5

2021
505

2022
8

2023
1,113

2024
243

Thereafter
1,544

Unamortized (discount) premium & debt issuance (costs), net
(22
)
Total recourse debt
$
3,396


As of December 31, 2019 scheduled maturities are presented in the following table (in millions):
December 31,
Annual Maturities
2020
$
5

2021
505

2022
8

2023
1,113

2024
243

Thereafter
1,544

Unamortized (discount)/premium & debt issuance (costs)
(22
)
Total debt
$
3,396