Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
OPERATING ACTIVITIES:
Net income (loss)	$ (29)	$ 229
Adjustments to net income (loss):
Depreciation and amortization	275	268
Loss on disposal and sale of business interests	5	0
Impairment expense	473	50
Deferred income taxes	21	2
Loss on extinguishment of debt	1	1
Gain on sale and disposal of assets	(20)	(42)
Loss of affiliates, net of dividends	(36)	(8)
Other	77	0
Changes in operating assets and liabilities:
(Increase) decrease in accounts receivable	(79)	(40)
(Increase) decrease in inventory	14	23
(Increase) decrease in prepaid expenses and other current assets	22	(23)
(Increase) decrease in other assets	31	(79)
Increase (decrease) in accounts payable and other current liabilities	(337)	(99)
Increase (decrease) in income tax payables, net and other tax payables	(92)	36
Increase (decrease) in deferred income	(142)	29
Increase (decrease) in other liabilities	(3)	10
Net cash provided by operating activities	253	373
INVESTING ACTIVITIES:
Capital expenditures	(432)	(576)
Acquisitions of business interests, net of cash and restricted cash acquired	0	(10)
Proceeds from the sale of assets	0	15
Sale of short-term investments	257	254
Purchase of short-term investments	(130)	(277)
Contributions and loans to equity affiliates	(64)	(115)
Other investing	(18)	(26)
Net cash used in investing activities	(387)	(735)
FINANCING ACTIVITIES:
Borrowings under the revolving credit facilities	792	1,194
Repayments under the revolving credit facilities	(793)	(315)
Issuance of recourse debt	7	0
Repayments of recourse debt	(7)	(18)
Issuance of non-recourse debt	307	406
Repayments of non-recourse debt	(320)	(92)
Payments for financing fees	(5)	(5)
Distributions to noncontrolling interests	(17)	(22)
Acquisitions of noncontrolling interests	(13)	0
Contributions from noncontrolling interests	94	0
Issuance of preferred stock	1,017	0
Dividends paid on AES common stock	(100)	(95)
Payments for financed capital expenditures	(1)	(10)
Other financing	32	(13)
Net cash provided by financing activities	993	1,030
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(22)	(32)
Net Cash Change Of Discontinued And Held For Sale Businesses	(58)	2
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	779	638
Cash, cash equivalents and restricted cash, beginning	1,827	1,572
Cash, cash equivalents and restricted cash, ending	2,606	2,210
SUPPLEMENTAL DISCLOSURES:
Cash payments for interest, net of amounts capitalized	167	163
Cash payments for income taxes, net of refunds	50	52
SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES:
Non-cash consideration transferred for the Clean Energy transaction (see Note 18)	119	0
Dividends declared but not yet paid	$ 101	$ 95