Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
CURRENT ASSETS
Cash and cash equivalents	$ 1,544	$ 1,029
Restricted cash	426	336
Short-term investments	328	400
Accounts receivable, net of allowance for doubtful accounts of $20 and $20, respectively	1,446	1,479
Inventory	461	487
Prepaid expenses	106	80
Other current assets, net of allowance of $2 and $0, respectively	843	802	[1]
Current held-for-sale assets	597	618
Total current assets	5,751	5,231
Property, Plant and Equipment:
Land	418	447
Electric generation, distribution assets and other	26,972	25,383
Accumulated depreciation	(8,597)	(8,505)
Construction in progress	3,777	5,249
Property, plant and equipment, net	22,570	22,574
Other Assets:
Investments in and advances to affiliates	938	966
Debt service reserves and other deposits	240	207
Goodwill	1,059	1,059
Other intangible assets, net of accumulated amortization of $310 and $307, respectively	459	469
Deferred income taxes	197	156
Accounts and Financing Receivable, after Allowance for Credit Loss, Noncurrent	1,300	1,351
Other noncurrent assets, net of allowance of $29 and $0, respectively	1,628	1,635	[2]
Total other assets	5,821	5,843
TOTAL ASSETS	34,142	33,648
CURRENT LIABILITIES
Accounts payable	1,069	1,311
Accrued interest	247	201
Accrued non-income taxes	287	253
Accrued and other liabilities	1,168	1,016
Recourse Debt Current	498	5
Non-recourse debt, including $331 and $337, respectively, related to variable interest entities	1,725	1,868
Current held-for-sale liabilities	438	442
Total current liabilities	5,432	5,096
NONCURRENT LIABILITIES
Recourse debt	3,507	3,391
Non-recourse debt, including $4,074 and $3,872 respectively, related to variable interest entities	15,360	14,914
Deferred income taxes	1,105	1,213
Other noncurrent liabilities	3,148	2,917
Total noncurrent liabilities	23,120	22,435
Redeemable Noncontrolling Interest, Equity, Carrying Amount	873	888
THE AES CORPORATION STOCKHOLDERS’ EQUITY
Common stock ($0.01 par value, 1,200,000,000 shares authorized; 817,964,353 issued and 664,907,475 outstanding at March 31, 2020 and 817,843,916 issued and 663,952,656 outstanding at December 31, 2019)	8	8
Additional paid-in capital	7,664	7,776
Accumulated deficit	(583)	(692)
Accumulated other comprehensive loss	(2,692)	(2,229)
Treasury stock, at cost (153,056,878 and 153,891,260 shares at March 31, 2020 and December 31, 2019, respectively)	(1,858)	(1,867)
Total AES Corporation stockholders’ equity	2,539	2,996
NONCONTROLLING INTERESTS	2,178	2,233
Total equity	4,717	5,229
TOTAL LIABILITIES AND EQUITY	$ 34,142	$ 33,648

[1] Other current assets include the short-term portion of the Mong Duong loan receivable.

[2] Other noncurrent assets include Argentina financing receivables.