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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Total Revenue $ 2,217 $ 2,483 $ 4,555 $ 5,133
Cost of Goods and Services Sold (1,693) (1,981) (3,524) (4,045)
Operating margin 524 502 1,031 1,088
General and administrative expenses (40) (49) (78) (95)
Interest expense (218) (273) (451) (538)
Interest income 64 82 134 161
Loss on extinguishment of debt (40) (51) (41) (61)
Other expense (3) (14) (7) (26)
Other income 9 18 54 48
Loss on disposal and sale of business interests (27) (3) (27) (7)
Asset impairment expense 0 (116) (6) (116)
Foreign currency transaction gains (losses) (6)      
Foreign Currency Transaction Gain, before Tax   22 18 18
Other non-operating expense (158) 0 (202) 0
INCOME FROM CONTINUING OPERATIONS BEFORE TAXES AND EQUITY IN EARNINGS OF AFFILIATES 105 118 425 472
Income tax expense (113) (57) (202) (172)
Net equity in earnings (losses) of affiliates 8 5 6 (1)
INCOME (LOSS) FROM CONTINUING OPERATIONS 0 66 229 299
Gain from disposal of discontinued businesses 3 1 3 1
NET INCOME (LOSS) 3 67 232 300
Less: Net income attributable to noncontrolling interests and redeemable stock of subsidiaries (86) (50) (171) (129)
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION (83) 17 61 171
AMOUNTS ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS:        
Income (loss) from continuing operations, net of tax (86) 16 58 170
Income from discontinued operations, net of tax 3 1 3 1
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION $ (83) $ 17 $ 61 $ 171
BASIC EARNINGS PER SHARE:        
Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax $ (0.13) $ 0.02 $ 0.09 $ 0.26
Income from discontinued operations attributable to The AES Corporation common stockholders, net of tax 0.01 0 0 0
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS (0.12) 0.02 0.09 0.26
DILUTED EARNINGS PER SHARE:        
Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax (0.13) 0.02 0.09 0.26
Income from discontinued operations attributable to The AES Corporation common stockholders, net of tax $ 0.01 $ 0 $ 0 $ 0
DILUTED SHARES OUTSTANDING 665 667 668 667
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS $ (0.12) $ 0.02 $ 0.09 $ 0.26
Electric Transmission [Member]        
Total Revenue $ 624 $ 724 $ 1,336 $ 1,509
Cost of Goods and Services Sold (535) (605) (1,127) (1,240)
Electricity, Generation [Member]        
Total Revenue 1,593 1,759 3,219 3,624
Cost of Goods and Services Sold $ (1,158) $ (1,376) $ (2,397) $ (2,805)