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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
OPERATING ACTIVITIES:    
Net income $ 232 $ 300
Adjustments to net income:    
Depreciation and amortization 539 512
Loss on disposal and sale of business interests 27 7
Impairment expense 208 116
Deferred income taxes 54 15
Loss on extinguishment of debt 41 61
Loss (gain) on sale and disposal of assets (40) 16
Other 25 143
Changes in operating assets and liabilities:    
(Increase) decrease in accounts receivable (30) 10
(Increase) decrease in inventory (46) 25
(Increase) decrease in prepaid expenses and other current assets 33 26
(Increase) decrease in other assets (75) 11
Increase (decrease) in accounts payable and other current liabilities (81) (29)
Increase (decrease) in income tax payables, net and other tax payables (67) (175)
Increase (decrease) in other liabilities 0 (24)
Net cash provided by operating activities 820 1,014
INVESTING ACTIVITIES:    
Capital expenditures (962) (1,070)
Acquisitions of business interests, net of cash and restricted cash acquired (84) 0
Proceeds from the sale of business interests, net of cash and restricted cash sold 44 229
Proceeds from the sale of assets 17 17
Sale of short-term investments 341 330
Purchase of short-term investments (463) (424)
Contributions and loans to equity affiliates (178) (173)
Other investing (76) (22)
Net cash used in investing activities (1,361) (1,113)
FINANCING ACTIVITIES:    
Borrowings under the revolving credit facilities 1,318 897
Repayments under the revolving credit facilities (958) (598)
Issuance of recourse debt 1,597 0
Repayments of recourse debt (1,596) (3)
Issuance of non-recourse debt 1,913 2,581
Repayments of non-recourse debt (763) (2,281)
Payments for financing fees (46) (37)
Distributions to noncontrolling interests (99) (146)
Contributions from noncontrolling interests and redeemable security holders 0 16
Dividends paid on AES common stock (190) (181)
Payments for financed capital expenditures (39) (110)
Other financing 21 (30)
Net cash provided by financing activities 1,158 108
Effect of exchange rate changes on cash, cash equivalents and restricted cash (37) (2)
Net Cash Change Of Discontinued And Held For Sale Businesses (45) (57)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 535 (50)
Cash, cash equivalents and restricted cash, beginning 1,572 2,003
Cash, cash equivalents and restricted cash, ending 2,107 1,953
SUPPLEMENTAL DISCLOSURES:    
Cash payments for interest, net of amounts capitalized 458 478
Cash payments for income taxes, net of refunds 176 236
sPower [Member]    
SUPPLEMENTAL DISCLOSURES:    
Reinvestment of Proceeds from Sale of Equity Method Investments $ 0 $ 58