Schedule I - Condensed Financial Information of Parent (Tables)

12 Months Ended

Dec. 31, 2020

Debt Details [Line Items]

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 Rate	Final Maturity	December 31, 2020		December 31, 2019
Senior Unsecured Note	4.00%	2021	—		500
Senior Secured Term Loan	LIBOR + 1.75%	2022	—		18
Senior Unsecured Note	4.875%	2023	—		613
Senior Unsecured Note	4.50%	2023	—		500
Drawings on revolving credit facility	LIBOR + 1.75%	2024	70		180
Senior Unsecured Note	5.50%	2024	—		63
Senior Unsecured Note	5.50%	2025	—		544
Senior Unsecured Note	3.30%	2025	900		—
Senior Unsecured Note	6.00%	2026	—		500
Senior Unsecured Note	1.375%	2026	800		—
Senior Unsecured Note	5.125%	2027	—		500
Senior Unsecured Note	3.95%	2030	700		—
Senior Unsecured Note	2.45%	2031	1,000		—
Other (1)	CDI + 7.00%	2026	18		—
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

_____________________________

(1)Represents project-level limited recourse debt at AES Holdings Brasil Ltda.

			December 31,
	Interest Rate	Maturity	2020		2019
Senior Unsecured Note	4.00%	2021	—		500
Senior Secured Term Loan	LIBOR + 1.75%	2022	—		18
Senior Unsecured Note	4.875%	2023	—		613
Senior Unsecured Note	4.50%	2023	—		500
Drawings on revolving credit facility	LIBOR + 1.75%	2024	70		180
Senior Unsecured Note	5.50%	2024	—		63
Senior Unsecured Note	5.50%	2025	—		544
Senior Unsecured Note	3.30%	2025	900		—
Senior Unsecured Note	6.00%	2026	—		500
Senior Unsecured Note	1.375%	2026	800		—
Senior Unsecured Note	5.125%	2027	—		500
Senior Unsecured Note	3.95%	2030	700		—
Senior Unsecured Note	2.45%	2031	1,000		—
Unamortized (discounts)/premiums & debt issuance (costs)			(40)		(22)
Subtotal			$	3,430	$	3,396
Less: Current maturities			—		(5)
Total			$	3,430	$	3,391

Junior Subordinated Notes Payable

			December 31,
	Interest Rate	Maturity	2020		2019
Senior Unsecured Note	4.00%	2021	—		500
Senior Secured Term Loan	LIBOR + 1.75%	2022	—		18
Senior Unsecured Note	4.875%	2023	—		613
Senior Unsecured Note	4.50%	2023	—		500
Drawings on revolving credit facility	LIBOR + 1.75%	2024	70		180
Senior Unsecured Note	5.50%	2024	—		63
Senior Unsecured Note	5.50%	2025	—		544
Senior Unsecured Note	3.30%	2025	900		—
Senior Unsecured Note	6.00%	2026	—		500
Senior Unsecured Note	1.375%	2026	800		—
Senior Unsecured Note	5.125%	2027	—		500
Senior Unsecured Note	3.95%	2030	700		—
Senior Unsecured Note	2.45%	2031	1,000		—
Unamortized (discounts)/premiums & debt issuance (costs)			(40)		(22)
Subtotal			$	3,430	$	3,396
Less: Current maturities			—		(5)
Total			$	3,430	$	3,391

Future Maturities of 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
2022	3
2023	3
2024	74
2025	903
Thereafter	2,504
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	—
2024	70
2025	900
Thereafter	2,500
Unamortized (discount)/premium & debt issuance (costs)	(40)
Total debt	$	3,430