XML 74 R49.htm IDEA: XBRL DOCUMENT v3.20.2
Equity (Tables)
 6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Components Of Accumulated Other Comprehensive Income The following table summarizes the changes in AOCL by component, net of tax and NCI, for the six months ended June 30, 2020 (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
)
 
$
(470
)
 
$
(38
)
 
$
(2,229
)
Other comprehensive loss before reclassifications
(77
)
 
(505
)
 
—

 
(582
)
Amount reclassified to earnings
(2
)
 
121

 
—

 
119

Other comprehensive loss
(79
)
 
(384
)
 
—

 
(463
)
Reclassification from NCI due to Gener share repurchases
—

 
(1
)
 
—

 
(1
)
Balance at the end of the period
$
(1,800
)
 
$
(855
)
 
$
(38
)
 
$
(2,693
)
Schedule Of Amounts Reclassified Out Of Accumulated Other Comprehensive Income
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 June 30,
 
Six Months Ended June 30,
 
 
2020
 
2019
 
2020
 
2019
Foreign currency translation adjustment, net
 
 
 
 
Loss on disposal and sale of business interests
 
$
2

 
$
(23
)
 
$
2

 
$
(23
)
 
 
Net income (loss) attributable to The AES Corporation
 
$
2

 
$
(23
)
 
$
2

 
$
(23
)
 
 
 
 
 
 
 
 
 
 
 
Derivative gains (losses), net
 
 
 
 
 
 
 
 
 
 
Non-regulated revenue
 
$
(1
)
 
$
—

 
$
(1
)
 
$
—

 
 
Non-regulated cost of sales
 
2

 
(1
)
 
1

 
(10
)
 
 
Interest expense
 
(103
)
 
(7
)
 
(119
)
 
(15
)
 
 
Loss on disposal and sale of business interests
 
—

 
1

 
—

 
1

 
 
Foreign currency transaction gains (losses)
 
—

 
(2
)
 
(23
)
 
3

 
 
Income from continuing operations before taxes and equity in earnings of affiliates
 
(102
)
 
(9
)
 
(142
)
 
(21
)
 
 
Income tax expense
 
25

 
2

 
33

 
4

 
 
Net equity in earnings (losses) of affiliates
 
(1
)
 
(2
)
 
(1
)
 
(2
)
 
 
Income (loss) from continuing operations
 
(78
)
 
(9
)
 
(110
)
 
(19
)
 
 
Less: Income from continuing operations attributable to noncontrolling interests and redeemable stock of subsidiaries
 
(17
)
 
1

 
(11
)
 
1

 
 
Net income (loss) attributable to The AES Corporation
 
$
(95
)
 
$
(8
)
 
$
(121
)
 
$
(18
)
Amortization of defined benefit pension actuarial loss, net
 
 
 
 
 
 
 
 
 
 
Other expense
 
$
(1
)
 
$
—

 
$
(1
)
 
$
(1
)
 
 
Loss on disposal and sale of business interests
 
—

 
(26
)
 
—

 
(26
)
 
 
Income from continuing operations before taxes and equity in earnings of affiliates
 
(1
)
 
(26
)
 
(1
)
 
(27
)
 
 
Income tax expense
 
1

 
—

 
1

 
—

 
 
Income (loss) from continuing operations
 
—

 
(26
)
 
—

 
(27
)
 
 
Net income (loss)
 
—

 
(26
)
 
—

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

 
$
(26
)
 
$
—

 
$
(27
)
Total reclassifications for the period, net of income tax and noncontrolling interests
 
$
(93
)
 
$
(57
)
 
$
(119
)
 
$
(68
)