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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
OPERATING ACTIVITIES:      
Net income $ 152 $ 478 $ 1,565
Adjustments to net income:      
Depreciation and amortization 1,068 1,045 1,003
Loss (gain) on disposal and sale of business interests 95 (28) (984)
Impairment expenses 1,066 277 355
Deferred income taxes (233) (8) 313
Provisions for (Reversals of) Contingencies 186 (3) (14)
Loss on extinguishment of debt 186 169 188
Gain (Loss) on Disposition of Other Assets 19 (54) (27)
Net gain from disposal and impairments of discontinued businesses 0 0 (269)
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions 128 194 48
Other 208 321 269
Changes in operating assets and liabilities:      
(Increase) decrease in accounts receivable 48 73 (206)
(Increase) decrease in inventory (20) 28 (36)
(Increase) decrease in prepaid expenses and other current assets 13 42 (22)
(Increase) decrease in other assets (134) (20) (32)
Increase (decrease) in accounts payable and other current liabilities (186) (6) 62
Increase (decrease) in income tax payables, net and other tax payables 59 (83) (7)
Increase (Decrease) in Deferred Revenue 431 28 (12)
Increase (decrease) in other liabilities 79 (101) 67
Net cash provided by operating activities 2,755 2,466 2,343
INVESTING ACTIVITIES:      
Capital expenditures (1,900) (2,405) (2,121)
Acquisitions of business interests, net of cash and restricted cash acquired (136) (192) (66)
Proceeds from the sale of business interests, net of cash and restricted cash sold 169 178 2,020
Sale of short-term investments 627 666 1,302
Purchase of short-term investments (653) (770) (1,411)
Payments for Advance to Affiliate (332) (324) (145)
Proceeds from Insurance Settlement, Investing Activities 9 150 17
Other investing (79) (24) (101)
Net cash used in investing activities (2,295) (2,721) (505)
FINANCING ACTIVITIES:      
Proceeds from Lines of Credit 2,420 2,026 1,865
Repayments under the revolving credit facilities (2,479) (1,735) (2,238)
Issuance of recourse debt 3,419 0 1,000
Repayments of recourse debt (3,366) (450) (1,933)
Issuance of non-recourse debt 4,680 5,828 1,928
Repayments of non-recourse debt (4,136) (4,831) (1,411)
Payments for financing fees (107) (126) (39)
Distributions to noncontrolling interests (422) (427) (340)
Acquisitions of Noncontrolling Interests 259 0 0
Sales to Noncontrolling Interests 553 128 95
Issuance of Preferred Shares in Subsidiaries 112 0 0
Dividends paid on AES common stock (381) (362) (344)
Payments for financed capital expenditures (60) (146) (275)
Other financing (52) 9 49
Net cash used in financing activities (78) (86) (1,643)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (24) (18) (54)
(Increase) decrease in cash, cash equivalents and restricted cash of held-for-sale businesses (103) (72) 74
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 255 (431) 215
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Beginning 1,572 2,003 1,788
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Ending 1,827 1,572 2,003
SUPPLEMENTAL DISCLOSURES:      
Cash payments for interest, net of amounts capitalized 908 946 1,003
Cash payments for income taxes, net of refunds 333 363 370
SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES:      
Contributions of assets and liabilities for the Fluence transaction (see Note 19) 100 95 90
Non Cash Refinancing of Non-recourse Debt 0 1,081 0
Noncash or Part Noncash Acquisition, Debt Assumed 0 0 119
Noncash or Part Noncash Acquisition, Value of Assets Acquired 0 0 16
sPower [Member]      
SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES:      
Reinvestment of Proceeds from Sale of Equity Method Investments 0 58 0
Fluence [Member] | Non-cash [Member]      
SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES:      
Contribution of Property 0 61 20
Distributed Energy [Member]      
SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES:      
Noncash or Part Noncash Acquisition, Value of Assets Acquired 0 0 23
AES Brasil      
SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES:      
Notes Issued $ 47 $ 0 $ 0