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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Total Revenue $ 2,852 $ 2,635
Cost of Goods and Services Sold (2,322) (1,971)
Operating margin 530 664
General and administrative expenses (52) (46)
Interest expense (258) (190)
Interest income 75 68
Loss on extinguishment of debt (6) (1)
Other expense (12) (16)
Other income 6 43
Gain (loss) on disposal and sale of business interests 1 (5)
Asset impairment expense (1) (473)
Foreign currency transaction gains (losses) (19) (35)
INCOME FROM CONTINUING OPERATIONS BEFORE TAXES AND EQUITY IN EARNINGS OF AFFILIATES 264 9
Income tax expense (60) (8)
Net equity in losses of affiliates (33) (30)
NET INCOME (LOSS) 171 (29)
Less: Net income attributable to noncontrolling interests and redeemable stock of subsidiaries (56) (119)
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION $ 115 $ (148)
Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax $ 0.17 $ (0.22)
Income (loss) from continuing operations, net of tax $ 115 $ (148)
Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax $ 0.16 $ (0.22)
Earnings Per Share, Basic 0.17 (0.22)
Earnings Per Share, Diluted $ 0.16 $ (0.22)
DILUTED SHARES OUTSTANDING 711 666
BASIC EARNINGS PER SHARE:    
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS $ 0.17 $ (0.22)
DILUTED EARNINGS PER SHARE:    
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS $ 0.16 $ (0.22)
DILUTED SHARES OUTSTANDING 711 666
Electric Transmission [Member]    
Total Revenue $ 835 $ 707
Cost of Goods and Services Sold (705) (582)
Electricity, Generation [Member]    
Total Revenue 2,017 1,928
Cost of Goods and Services Sold $ (1,617) $ (1,389)