Equity (Tables)

9 Months Ended

Sep. 30, 2022

Equity [Abstract]

Components Of Accumulated Other Comprehensive Income

The following table summarizes the changes in AOCL by component, net of tax and NCI, for the nine months ended September 30, 2022 (in millions):

	Foreign currency translation adjustment, net		Unrealized derivative gains (losses), net		Unfunded pension obligations, net		Total
Balance at the beginning of the period	$	(1,734)	$	(456)	$	(30)	$	(2,220)
Other comprehensive income (loss) before reclassifications	(90)		653		—		563
Amount reclassified to earnings	—		41		1		42
Other comprehensive income (loss)	(90)		694		1		605
Reclassification from NCI due to share repurchases	(53)		(20)		(3)		(76)
Balance at the end of the period	$	(1,877)	$	218	$	(32)	$	(1,691)

Schedule Of Amounts Reclassified Out Of Accumulated Other Comprehensive Income

Reclassifications out of AOCL are presented in the following table. Amounts for the periods indicated are in millions and those in parentheses indicate debits to the Condensed Consolidated Statements of Operations:

AOCL Components	Affected Line Item in the Condensed Consolidated Statements of Operations	Three Months Ended September 30,				Nine Months Ended September 30,
		2022		2021		2022		2021
Foreign currency translation adjustment, net
	Gain on disposal and sale of business interests	$	—	$	—	$	—	$	(3)
	Net income attributable to The AES Corporation	$	—	$	—	$	—	$	(3)
Derivative gains (losses), net
	Non-regulated revenue	$	—	$	(1)	$	(1)	$	(1)
	Non-regulated cost of sales	(5)		2		(7)		(2)
	Interest expense	(9)		(33)		(42)		(62)
	Asset impairment expense	—		—		(16)		(13)
	Foreign currency transaction gains (losses)	2		(7)		2		(12)
	Income from continuing operations before taxes and equity in earnings of affiliates	(12)		(39)		(64)		(90)
	Income tax expense	(1)		10		12		23
	Net equity in earnings (losses) of affiliates	(1)		(1)		—		(12)
	Net income	(14)		(30)		(52)		(79)
	Less: Net income attributable to noncontrolling interests and redeemable stock of subsidiaries	3		9		11		22
	Net income attributable to The AES Corporation	$	(11)	$	(21)	$	(41)	$	(57)
Amortization of defined benefit pension actuarial gain (loss), net
	Regulated cost of sales	$	—	$	(2)	$	(1)	$	(3)
	Non-regulated cost of sales	—		(1)		—		(1)
	Other expense	(2)		—		(2)		(1)
	Income from continuing operations before taxes and equity in earnings of affiliates	(2)		(3)		(3)		(5)
	Income tax expense	1		(1)		1		—
	Net income	(1)		(4)		(2)		(5)
	Less: Income from continuing operations attributable to noncontrolling interests and redeemable stock of subsidiaries	1		2		1		2
	Net income attributable to The AES Corporation	$	—	$	(2)	$	(1)	$	(3)
Total reclassifications for the period, net of income tax and noncontrolling interests		$	(11)	$	(23)	$	(42)	$	(63)