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Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 1,374,000,000 $ 943,000,000
Restricted cash 536,000,000 304,000,000
Short-term investments 730,000,000 232,000,000
Accounts receivable, net of allowance for doubtful accounts of $5 and $5, respectively 1,799,000,000 1,418,000,000
Inventory 1,055,000,000 604,000,000
Prepaid expenses 98,000,000 142,000,000
Other current assets, net of CECL allowance of $2 and $0, respectively 1,533,000,000 897,000,000
Current held-for-sale assets 518,000,000 816,000,000
Total current assets 7,643,000,000 5,356,000,000
Property, Plant and Equipment:    
Land 470,000,000 426,000,000
Electric generation, distribution assets and other 26,599,000,000 25,552,000,000
Accumulated depreciation (8,651,000,000) (8,486,000,000)
Construction in progress 4,621,000,000 2,414,000,000
Property, plant and equipment, net 23,039,000,000 19,906,000,000
Other Assets:    
Investments in and advances to affiliates 952,000,000 1,080,000,000
Debt service reserves and other deposits 177,000,000 237,000,000
Goodwill 362,000,000 1,177,000,000
Other intangible assets, net of accumulated amortization of $434 and $385, respectively 1,841,000,000 1,450,000,000
Deferred Tax Assets, Tax Deferred Expense 319,000,000 409,000,000
Loan receivable, net of allowance of $26 1,051,000,000 0
Other noncurrent assets, net of allowance of $51 and $23, respectively 2,979,000,000 2,188,000,000
Noncurrent held-for-sale assets 0 1,160,000,000
Total other assets 7,681,000,000 7,701,000,000
TOTAL ASSETS 38,363,000,000 32,963,000,000
CURRENT LIABILITIES    
Accounts payable 1,730,000,000 1,153,000,000
Accrued interest 249,000,000 182,000,000
Accrued non-income taxes 249,000,000 266,000,000
Accrued and other liabilities 2,151,000,000 1,205,000,000
Non-recourse debt, including $416 and $302, respectively, related to variable interest entities 1,758,000,000 1,367,000,000
Current held-for-sale liabilities 354,000,000 559,000,000
Total current liabilities 6,491,000,000 4,732,000,000
NONCURRENT LIABILITIES    
Recourse debt 3,894,000,000 3,729,000,000
Non-recourse debt, including $2,295 and $2,223, respectively, related to variable interest entities 17,846,000,000 13,603,000,000
Deferred income taxes 1,139,000,000 977,000,000
Other noncurrent liabilities 3,168,000,000 3,358,000,000
Noncurrent held-for-sale liabilities 0 740,000,000
Total noncurrent liabilities 26,047,000,000 22,407,000,000
Commitments and Contingencies (see Notes 12 and 13)
Redeemable stock of subsidiaries 1,321,000,000 1,257,000,000
THE AES CORPORATION STOCKHOLDERS’ EQUITY    
Preferred stock (without par value, 50,000,000 shares authorized; 1,043,050 issued and outstanding at December 31, 2022 and December 31, 2021) 838,000,000 838,000,000
Common stock ($0.01 par value, 1,200,000,000 shares authorized; 818,790,001 issued and 668,743,464 outstanding at December 31, 2022 and 818,717,043 issued and 666,793,625 outstanding at December 31, 2021) 8,000,000 8,000,000
Additional paid-in capital 6,688,000,000 7,106,000,000
Accumulated deficit (1,635,000,000) (1,089,000,000)
Accumulated other comprehensive loss (1,640,000,000) (2,220,000,000)
Treasury stock, at cost (150,046,537 and 151,923,418 shares at December 31, 2022 and December 31, 2021, respectively) (1,822,000,000) (1,845,000,000)
Total AES Corporation stockholders’ equity 2,437,000,000 2,798,000,000
NONCONTROLLING INTERESTS 2,067,000,000 1,769,000,000
Total equity 4,504,000,000 4,567,000,000
TOTAL LIABILITIES AND EQUITY 38,363,000,000 32,963,000,000
Consolidated Variable Interest Entities [Member]    
CURRENT LIABILITIES    
Non-recourse debt, including $416 and $302, respectively, related to variable interest entities 416,000,000 302,000,000
NONCURRENT LIABILITIES    
Non-recourse debt, including $2,295 and $2,223, respectively, related to variable interest entities $ 2,295,000,000 $ 2,223,000,000