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Debt (Tables)
 12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Non-recourse debt [Table Text Block] During the year ended December 31, 2020, the Company's subsidiaries had the following significant debt transactions:
SubsidiaryTransaction PeriodIssuancesRepaymentsGain (Loss) on Extinguishment of Debt
Southland (1)
Q1, Q2, Q4$283 $(125)$(1)
AES BrasilQ2, Q3, Q4375 (1)— 
Gener Q1, Q290 (8)— 
DPL (2)
Q2, Q3555 (520)(34)
IPALCOQ2475 (470)(2)
Mong DuongQ2150 — — 
Panama (3)
Q31,485 (1,228)(16)
CochraneQ3485 (445)(1)
AngamosQ3— (309)(5)
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(1)Issuances relate to the June 2017 long-term non-recourse debt financing to fund the Southland repowering construction projects.
(2)Includes transactions at DPL and its subsidiary, DP&L.
(3)Repayments relate to existing obligations at AES Panama, Changuinola, and Colon.
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 DEBTWeighted Average Interest RateMaturityDecember 31,
20202019
Variable Rate:
Bank loans3.93%2021 – 2050$3,494 $3,389 
Notes and bonds3.11%2023 – 2030800 1,056 
Debt to (or guaranteed by) multilateral, export credit agencies or development banks (1)
1.67%2023 – 2033457 460 
Fixed Rate:
Bank loans4.72%2021 – 20402,965 2,900 
Notes and bonds5.20%2021 – 20798,907 8,098 
Debt to (or guaranteed by) multilateral, export credit agencies or development banks (1)
3.41%2021 – 202334 1,110 
Other4.20%206118 17 
Unamortized (discount) premium & debt issuance (costs), net(321)(318)
Subtotal $16,354 $16,712 
Less: Current maturities (2)
(1,426)(1,865)
Noncurrent maturities (2)
$14,928 $14,847 
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(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, 2020 is scheduled to reach maturity as shown below (in millions):
December 31,Annual Maturities
2021$1,439 
2022516 
20231,017 
20241,307 
2025996 
Thereafter11,400 
Unamortized (discount) premium & debt issuance (costs), net(321)
Total$16,354 
Debt In Default Table
The following table summarizes the Company's subsidiary non-recourse debt in default (in millions) as of December 31, 2020. Due to the defaults, these amounts are included in the current portion of non-recourse debt:
Primary Nature
of Default		December 31, 2020
SubsidiaryDebt in DefaultNet Assets
AES Puerto RicoCovenant$238 $171 
AES Ilumina (Puerto Rico)Covenant31 19 
AES Jordan SolarCovenant7 1 
Total$276 
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 RateFinal MaturityDecember 31, 2020December 31, 2019
Senior Unsecured Note4.00%2021— 500 
Senior Secured Term LoanLIBOR + 1.75%2022— 18 
Senior Unsecured Note4.875%2023— 613 
Senior Unsecured Note4.50%2023— 500 
Drawings on revolving credit facilityLIBOR + 1.75%202470 180 
Senior Unsecured Note5.50%2024— 63 
Senior Unsecured Note5.50%2025— 544 
Senior Unsecured Note3.30%2025900 — 
Senior Unsecured Note6.00%2026— 500 
Senior Unsecured Note1.375%2026800 — 
Senior Unsecured Note5.125%2027— 500 
Senior Unsecured Note3.95%2030700 — 
Senior Unsecured Note2.45%20311,000 — 
Other (1)
CDI + 7.00%202618 — 
Unamortized (discount) premium & debt issuance (costs), net(41)(22)
Subtotal$3,447 $3,396 
Less: Current maturities(1)(5)
Noncurrent maturities$3,446 $3,391 
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(1)Represents project-level limited recourse debt at AES Holdings Brasil Ltda.
December 31,
Interest RateMaturity20202019
Senior Unsecured Note4.00%2021— 500 
Senior Secured Term LoanLIBOR + 1.75%2022— 18 
Senior Unsecured Note4.875%2023— 613 
Senior Unsecured Note4.50%2023— 500 
Drawings on revolving credit facilityLIBOR + 1.75%202470 180 
Senior Unsecured Note5.50%2024— 63 
Senior Unsecured Note5.50%2025— 544 
Senior Unsecured Note3.30%2025900 — 
Senior Unsecured Note6.00%2026— 500 
Senior Unsecured Note1.375%2026800 — 
Senior Unsecured Note5.125%2027— 500 
Senior Unsecured Note3.95%2030700 — 
Senior Unsecured Note2.45%20311,000 — 
Unamortized (discounts)/premiums & debt issuance (costs)(40)(22)
Subtotal$3,430 $3,396 
Less: Current maturities— (5)
Total$3,430 $3,391 
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
2021$1 
20223 
20233 
202474 
2025903 
Thereafter2,504 
Unamortized (discount) premium & debt issuance (costs), net(41)
Total recourse debt$3,447 
As of December 31, 2020 scheduled maturities are presented in the following table (in millions):
December 31,Annual Maturities
2021$— 
2022— 
2023— 
202470 
2025900 
Thereafter2,500 
Unamortized (discount)/premium & debt issuance (costs)(40)
Total debt$3,430