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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
OPERATING ACTIVITIES:    
Net income (loss) $ 35 $ (106)
Adjustments to net income (loss):    
Depreciation and amortization 534 538
Gain (loss) on disposal and sale of business interests 1 (59)
Impairment expense 483 1,345
Deferred income taxes (43) (73)
Loss on extinguishment of debt 7 19
Loss on sale and disposal of assets 2 20
Gain on remeasurement to acquisition date fair value 0 (212)
Loss of affiliates, net of dividends 52 46
Emissions Allowance Expense 239 124
Other 46 139
Changes in operating assets and liabilities:    
(Increase) decrease in accounts receivable (262) (120)
(Increase) decrease in inventory (227) 7
(Increase) decrease in prepaid expenses and other current assets (187) (13)
(Increase) decrease in other assets 94 8
Increase (decrease) in accounts payable and other current liabilities 151 (292)
Increase (decrease) in income tax payables, net and other tax payables (114) (439)
Increase (decrease) in deferred income 59 (307)
Increase (decrease) in other liabilities (5) (21)
Net cash provided by operating activities 865 604
INVESTING ACTIVITIES:    
Capital expenditures (1,659) (999)
Payments to Acquire Businesses and Interest in Affiliates 107 81
Proceeds from Divestiture of Businesses and Interests in Affiliates 1 58
Sale of short-term investments 345 316
Purchase of short-term investments (694) (258)
Contributions and loans to equity affiliates (169) (173)
Payments to Acquire Intangible Assets (293) (88)
Other investing (7) 80
Net cash used in investing activities (2,583) (1,145)
FINANCING ACTIVITIES:    
Borrowings under the revolving credit facilities 3,100 998
Repayments under the revolving credit facilities (2,269) (932)
Issuance of recourse debt 0 7
Repayments of recourse debt (29) (7)
Issuance of non-recourse debt 3,132 700
Repayments of non-recourse debt (1,469) (939)
Payments for financing fees (38) (12)
Distributions to noncontrolling interests (93) (129)
Acquisitions of noncontrolling interests (540) (17)
Contributions from noncontrolling interests 28 95
Sales to Noncontrolling Interests 229 20
Issuance of Preferred Shares in Subsidiaries 60 151
Issuance of preferred stock 0 1,015
Dividends paid on AES common stock (211) (200)
Payments for financed capital expenditures (9) (4)
Other financing 33 (64)
Net cash provided by financing activities 1,924 682
Effect of exchange rate changes on cash, cash equivalents and restricted cash (18) (4)
Net Cash Change Of Discontinued And Held For Sale Businesses (21) 62
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 167 199
Cash, cash equivalents and restricted cash, beginning 1,484 1,827
Cash, cash equivalents and restricted cash, ending 1,651 2,026
SUPPLEMENTAL DISCLOSURES:    
Cash payments for interest, net of amounts capitalized 423 406
Cash payments for income taxes, net of refunds 141 372
AES Clean Energy Subsidiary | Non-cash [Member]    
SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES:    
Non-cash consideration transferred for Clean Energy acquisitions (see Note 18) $ 0 $ 99