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Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 943,000,000 $ 1,089,000,000
Restricted cash 304,000,000 297,000,000
Short-term investments 232,000,000 335,000,000
Accounts receivable, net of allowance for doubtful accounts of $5 and $13, respectively 1,418,000,000 1,300,000,000
Inventory 604,000,000 461,000,000
Prepaid expenses 142,000,000 102,000,000
Other current assets 897,000,000 726,000,000
Current held-for-sale assets 816,000,000 1,104,000,000
Total current assets 5,356,000,000 5,414,000,000
Property, Plant and Equipment:    
Land 426,000,000 417,000,000
Electric generation, distribution assets and other 25,552,000,000 26,707,000,000
Accumulated depreciation (8,486,000,000) (8,472,000,000)
Construction in progress 2,414,000,000 4,174,000,000
Property, plant and equipment, net 19,906,000,000 22,826,000,000
Other Assets:    
Investments in and advances to affiliates 1,080,000,000 835,000,000
Debt service reserves and other deposits 237,000,000 441,000,000
Goodwill 1,177,000,000 1,061,000,000
Other intangible assets, net of accumulated amortization of $385 and $330, respectively 1,450,000,000 827,000,000
Deferred Tax Assets, Tax Deferred Expense 409,000,000 288,000,000
Other noncurrent assets, net of allowance of $23 and $21, respectively 2,188,000,000 1,660,000,000
Noncurrent held-for-sale assets 1,160,000,000 1,251,000,000
Total other assets 7,701,000,000 6,363,000,000
TOTAL ASSETS 32,963,000,000 34,603,000,000
CURRENT LIABILITIES    
Accounts payable 1,153,000,000 1,156,000,000
Accrued interest 182,000,000 191,000,000
Accrued non-income taxes 266,000,000 257,000,000
Deferred Income 85,000,000 438,000,000
Accrued and other liabilities 1,120,000,000 1,223,000,000
Non-recourse debt, including $302 and $336, respectively, related to variable interest entities 1,367,000,000 1,430,000,000
Current held-for-sale liabilities 559,000,000 667,000,000
Total current liabilities 4,732,000,000 5,362,000,000
NONCURRENT LIABILITIES    
Recourse debt 3,729,000,000 3,446,000,000
Non-recourse debt, including $2,223 and $3,918, respectively, related to variable interest entities 13,603,000,000 15,005,000,000
Deferred income taxes 977,000,000 1,100,000,000
Other noncurrent liabilities 3,358,000,000 3,241,000,000
Noncurrent held-for-sale liabilities 740,000,000 857,000,000
Total noncurrent liabilities 22,407,000,000 23,649,000,000
Commitments and Contingencies (see Notes 12 and 13)
Redeemable stock of subsidiaries 1,257,000,000 872,000,000
THE AES CORPORATION STOCKHOLDERS’ EQUITY    
Preferred stock (without par value, 50,000,000 shares authorized; 1,043,050 issued and outstanding at December 31, 2021) 825,000,000 0
Common stock ($0.01 par value, 1,200,000,000 shares authorized; 818,717,043 issued and 666,793,625 outstanding at December 31, 2021 and 818,398,654 issued and 665,370,128 outstanding at December 31, 2020) 8,000,000 8,000,000
Additional paid-in capital 7,119,000,000 7,561,000,000
Accumulated deficit (1,089,000,000) (680,000,000)
Accumulated other comprehensive loss (2,220,000,000) (2,397,000,000)
Treasury stock, at cost (151,923,418 and 153,028,526 shares at December 31, 2021 and December 31, 2020, respectively) (1,845,000,000) (1,858,000,000)
Total AES Corporation stockholders’ equity 2,798,000,000 2,634,000,000
NONCONTROLLING INTERESTS 1,769,000,000 2,086,000,000
Total equity 4,567,000,000 4,720,000,000
TOTAL LIABILITIES AND EQUITY 32,963,000,000 34,603,000,000
Consolidated Variable Interest Entities [Member]    
CURRENT LIABILITIES    
Non-recourse debt, including $302 and $336, respectively, related to variable interest entities 302,000,000 336,000,000
NONCURRENT LIABILITIES    
Non-recourse debt, including $2,223 and $3,918, respectively, related to variable interest entities $ 2,223,000,000 $ 3,918,000,000