XML 86 R58.htm IDEA: XBRL DOCUMENT v3.22.2.2
Fair Value (Nonrecurring Measurements) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Apr. 12, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Other Asset Impairment Charges $ 50 $ 29 $ 533 $ 1,374  
AES Puerto Rico          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring   73   73  
Ventanas [Domain]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring 12   12    
Angamos [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring 86   86    
Maritza          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring 452   452    
Jordan (IPP1 & IPP4)          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Selling Expense     5    
Long Lived Assets Held And Used [Member] | AES Puerto Rico          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Other Asset Impairment Charges       475  
Long Lived Assets Held And Used [Member] | Ventanas [Domain]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Other Asset Impairment Charges       67  
Long Lived Assets Held And Used [Member] | Angamos [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Other Asset Impairment Charges 0 0 0 155  
Long Lived Assets Held And Used [Member] | Ventanas 3 & 4          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Other Asset Impairment Charges 0 0 0 649  
Long Lived Assets Held And Used [Member] | Maritza          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Other Asset Impairment Charges 0 0 468 0  
Long Lived Assets Held And Used [Member] | Jordan (IPP1 & IPP4)          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Other Asset Impairment Charges $ 51 0 $ 51 0  
Long Lived Assets Held And Used [Member] | Kilroot and Ballylumford [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring [1]         $ 17
Other Asset Impairment Charges       11  
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring   452   452  
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | AES Puerto Rico          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring   548   548  
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | AES Puerto Rico | Level 1 [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring   0   0  
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | AES Puerto Rico | Level 2 [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring   0   0  
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | AES Puerto Rico | Level 3 [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring   73   73  
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Ventanas [Domain]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring   78   78  
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Ventanas [Domain] | Level 1 [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring   0   0  
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Ventanas [Domain] | Level 2 [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring   0   0  
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Ventanas [Domain] | Level 3 [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring   11   11  
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Angamos [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring   241   241  
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Angamos [Member] | Level 1 [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring   0   0  
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Angamos [Member] | Level 2 [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring   0   0  
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Angamos [Member] | Level 3 [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring   86   86  
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Ventanas 3 & 4          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring   661   661  
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Ventanas 3 & 4 | Level 1 [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring   0   0  
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Ventanas 3 & 4 | Level 2 [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring   0   0  
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Ventanas 3 & 4 | Level 3 [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring   12   12  
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Maritza          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring   920   920  
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Maritza | Level 1 [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring   0   0  
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Maritza | Level 2 [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring   0   0  
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Maritza | Level 3 [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring   452   452  
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Jordan (IPP1 & IPP4)          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring   216   216  
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Jordan (IPP1 & IPP4) | Level 1 [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring   0   0  
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Jordan (IPP1 & IPP4) | Level 2 [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring   170   170  
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Jordan (IPP1 & IPP4) | Level 3 [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring   $ 0   $ 0  
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Kilroot and Ballylumford [Member] | Level 1 [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring         0
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Kilroot and Ballylumford [Member] | Level 2 [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring         6
Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Kilroot and Ballylumford [Member] | Level 3 [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Assets Carrying Amount Disclosure Nonrecurring         $ 0
Measurement Input, Long-term Revenue Growth Rate [Member] | Valuation, Income Approach [Member] | Property, Plant and Equipment [Member] | Weighted Average [Member] | Maritza          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Fair Value Measurement Inputs, Nonrecurring     (11.00%)    
Measurement Input, Long-term Revenue Growth Rate [Member] | Valuation, Income Approach [Member] | Property, Plant and Equipment [Member] | Maximum [Member] | Maritza          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Fair Value Measurement Inputs, Nonrecurring     11.00%    
Measurement Input, Long-term Revenue Growth Rate [Member] | Valuation, Income Approach [Member] | Property, Plant and Equipment [Member] | Minimum [Member] | Maritza          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Fair Value Measurement Inputs, Nonrecurring     (66.00%)    
Measurement Input, Discount Rate [Member] | Valuation, Income Approach [Member] | Property, Plant and Equipment [Member] | Weighted Average [Member] | Maritza          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Fair Value Measurement Inputs, Nonrecurring     21.00%    
Measurement Input, Discount Rate [Member] | Valuation, Income Approach [Member] | Property, Plant and Equipment [Member] | Maximum [Member] | Maritza          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Fair Value Measurement Inputs, Nonrecurring     25.00%    
Measurement Input, Discount Rate [Member] | Valuation, Income Approach [Member] | Property, Plant and Equipment [Member] | Minimum [Member] | Maritza          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Fair Value Measurement Inputs, Nonrecurring     20.00%    
Measurement Input, Variable Margin | Valuation, Income Approach [Member] | Property, Plant and Equipment [Member] | Weighted Average [Member] | Maritza          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Fair Value Measurement Inputs, Nonrecurring     (1.00%)    
Measurement Input, Variable Margin | Valuation, Income Approach [Member] | Property, Plant and Equipment [Member] | Maximum [Member] | Maritza          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Fair Value Measurement Inputs, Nonrecurring     23.00%    
Measurement Input, Variable Margin | Valuation, Income Approach [Member] | Property, Plant and Equipment [Member] | Minimum [Member] | Maritza          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Fair Value Measurement Inputs, Nonrecurring     (66.00%)    
[1] Represents the carrying values at the dates of measurement, before fair value adjustment.
(2)See Note 17 — Held-for-Sale and Dispositions for further information.
(3)The Jordan disposal group was written down to it’s fair value of $170 million. The resulting pre-tax loss of $51 million includes costs to sell of $5 million.
The following table summarizes the significant unobservable inputs used in the Level 3 measurement of long-lived assets held and used measured on a nonrecurring basis during the nine months ended September 30, 2022 (in millions, except range amounts):
Fair ValueValuation TechniqueUnobservable InputRange (Weighted Average)
Long-lived assets held and used:
Maritza$452 Discounted cash flowAnnual revenue growth
(66)% to 11% (-11%)
Annual variable margin
(66)% to 23% (-1%)
Weighted-average cost of capital
20% to 25% (21%)
Total$452