Debt (Tables)

9 Months Ended

Sep. 30, 2021

Debt Disclosure [Abstract]

Schedule of Non-recourse debt [Table Text Block]

During the nine months ended September 30, 2021, the Company’s subsidiaries had the following significant debt transactions:

Subsidiary	Transaction Period	Issuances	Repayments	Loss on Extinguishment of Debt
AES Brasil	Q1	140	—	—
Andres (1)	Q2	300	(274)	(14)
AES Clean Energy Development (2)	Q3	116	—	—
AES Andes	Q3	101	(129)	(14)
IPALCO	Q3	95	(95)	—

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(1)Repayments relate to Andres and DPP.

(2)Includes AES Clean Energy and AES Renewable Holdings.

Debt In Default

— The following table summarizes the Company’s subsidiary non-recourse debt in default (in millions) as of September 30, 2021. Due to the defaults, these amounts are included in the current portion of non-recourse debt:

Subsidiary	Primary Nature of Default	Debt in Default		Net Assets
AES Puerto Rico	Covenant	$	218	$	(189)
AES Ilumina (Puerto Rico)	Covenant	29		25
AES Jordan Solar	Covenant	7		5
Total		$	254