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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
OPERATING ACTIVITIES:    
Net income (loss) $ 171 $ (29)
Adjustments to net income (loss):    
Depreciation and amortization 270 275
Gain (loss) on disposal and sale of business interests (1) 5
Impairment expense 1 473
Deferred income taxes (7) 21
Loss on extinguishment of debt 6 1
Loss (gain) on sale and disposal of assets 4 (20)
Loss of affiliates, net of dividends 33 36
Emissions Allowance Expense 118 58
Other 50 19
Changes in operating assets and liabilities:    
(Increase) decrease in accounts receivable (77) (79)
(Increase) decrease in inventory (44) 14
(Increase) decrease in prepaid expenses and other current assets 59 22
(Increase) decrease in other assets (10) 31
Increase (decrease) in accounts payable and other current liabilities (124) (337)
Increase (decrease) in income tax payables, net and other tax payables 7 (92)
Increase (decrease) in deferred income 10 (142)
Increase (decrease) in other liabilities (9) (3)
Net cash provided by operating activities 457 253
INVESTING ACTIVITIES:    
Capital expenditures (766) (432)
Sale of short-term investments 197 257
Purchase of short-term investments (345) (130)
Contributions and loans to equity affiliates (93) (64)
Payments to Acquire Intangible Assets (136) (31)
Other investing (10) 13
Net cash used in investing activities (1,153) (387)
FINANCING ACTIVITIES:    
Borrowings under the revolving credit facilities 1,193 792
Repayments under the revolving credit facilities (715) (793)
Issuance of recourse debt 0 7
Repayments of recourse debt (29) (7)
Issuance of non-recourse debt 1,710 307
Repayments of non-recourse debt (788) (320)
Payments for financing fees (27) (5)
Distributions to noncontrolling interests (47) (17)
Acquisitions of noncontrolling interests (535) (13)
Contributions from noncontrolling interests 8 94
Sales to Noncontrolling Interests 48 1
Issuance of Preferred Shares in Subsidiaries 60 0
Issuance of preferred stock 0 1,017
Dividends paid on AES common stock (105) (100)
Payments for financed capital expenditures (4) (1)
Other financing 49 31
Net cash provided by financing activities 818 993
Effect of exchange rate changes on cash, cash equivalents and restricted cash 20 (22)
Net Cash Change Of Discontinued And Held For Sale Businesses (64) (58)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 78 779
Cash, cash equivalents and restricted cash, beginning 1,484 1,827
Cash, cash equivalents and restricted cash, ending 1,562 2,606
SUPPLEMENTAL DISCLOSURES:    
Cash payments for interest, net of amounts capitalized 185 167
Cash payments for income taxes, net of refunds 46 50
SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES:    
Non-cash consideration transferred for Clean Energy acquisitions (see Note 17) 0  
Dividends declared but not yet paid $ 105 101
AES Clean Energy Subsidiary | Non-cash [Member]    
SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES:    
Non-cash consideration transferred for Clean Energy acquisitions (see Note 17)   $ 119