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Debt (Tables)
 12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Non-recourse debt [Table Text Block] During the year ended December 31, 2022, the Company's subsidiaries had the following significant debt transactions:
SubsidiaryTransaction PeriodIssuancesRepaymentsLoss on Extinguishment of Debt
AES Andes (1)
Q1, Q2, Q3, Q4$999 $(217)$— 
AES BrasilQ1, Q2, Q4779 (201)— 
AES Clean Energy (2)
Q2, Q3, Q41,153 (815)(12)
AES IndianaQ2, Q4550 (200)— 
United KingdomQ1710 (350)— 
Netherlands/PanamaQ1500 — — 
El SalvadorQ2348 (345)— 
AES OhioQ2140 — — 
AES Dominicana Renewable EnergyQ3120 — — 
BulgariaQ4159 — — 
_____________________________
(1)Issuances and repayments relate to AES Andes S.A. and AES Colombia.
(2)Issuances and repayments relate to AES Clean Energy Development and AES Renewable Holdings entities
Carrying Amount and Terms of Non-Recourse Debt The following table summarizes the carrying amount and terms of non-recourse debt at our subsidiaries as of the periods indicated (in millions):
NON-RECOURSE DEBTWeighted Average Interest RateMaturityDecember 31,
20222021
Variable Rate:
Bank loans7.42%2023 - 2041$3,971 $2,345 
Notes and bonds1.48%2023 - 20452,137 1,121 
Debt to (or guaranteed by) multilateral, export credit agencies or development banks (1)
6.59%2023 - 20234 79 
Other6.64%2023 - 20301,234 125 
Fixed Rate:
Bank loans6.12%2023 - 2057461 359 
Notes and bonds5.05%2023 - 207911,130 10,914 
Debt to (or guaranteed by) multilateral, export credit agencies or development banks (1)
6.75%2024 - 20243 3 
Other4.95%2023 - 2061798 79 
Unamortized (discount) premium & debt issuance (costs), net(309)(214)
Subtotal $19,429 $14,811 
Less: Current maturities (2)
(1,752)(1,361)
Noncurrent maturities (2) (3)
$17,677 $13,450 
_____________________________
(1)    Multilateral loans include loans funded and guaranteed by bilaterals, multilaterals, development banks and other similar institutions.
(2)    Excludes $6 million and $6 million (current) and $169 million and $128 million (noncurrent) finance lease liabilities included in the respective non-recourse debt line items on the Consolidated Balance Sheet as of December 31, 2022 and 2021, respectively. See Note 14—Leases for further information.
(3)    Excludes $25 million of failed sale-leaseback transaction liabilities included in the non-recourse debt line items on the Consolidated Balance Sheet as of December 31, 2021.
Schedule For Maturity For Non-Recourse Debt
Non-recourse debt as of December 31, 2022 is scheduled to reach maturity as shown below (in millions):
December 31,Annual Maturities
2023$1,761 
20242,687 
20252,237 
20261,040 
20272,720 
Thereafter9,293 
Unamortized (discount) premium & debt issuance (costs), net(309)
Total$19,429 
Debt In Default Table
The following table summarizes the Company's subsidiary non-recourse debt in default (in millions) as of December 31, 2022. Due to the defaults, these amounts are included in the current portion of non-recourse debt:
Primary Nature
of Default		December 31, 2022
SubsidiaryDebt in DefaultNet Assets
AES Puerto RicoCovenant$143 $(178)
AES Ilumina (Puerto Rico)Covenant27 27 
AES Jordan SolarCovenant7 10 
Total$177 
Schedule of Recourse Debt Detail The following table summarizes the carrying amount and terms of recourse debt of the Company as of the periods indicated (in millions):
Interest RateFinal MaturityDecember 31, 2022December 31, 2021
Senior Variable Rate Term LoanSOFR + 1.125%2024200 — 
Senior Unsecured Note3.30%2025900 900 
Drawings on revolving credit facilitySOFR + 1.75%2027325 365 
Senior Unsecured Note1.375%2026800 800 
Senior Unsecured Note3.95%2030700 700 
Senior Unsecured Note2.45%20311,000 1,000 
Other (1)
CDI + 7.00%2022— 25 
Unamortized (discount) premium & debt issuance (costs), net(31)(36)
Subtotal$3,894 $3,754 
Less: Current maturities— (25)
Noncurrent maturities$3,894 $3,729 
_____________________________
(1)Represents project-level limited recourse debt at AES Holdings Brasil Ltda.
December 31,
Interest RateMaturity20222021
Senior Variable Rate Term LoanSOFR + 1.125%2024200 — 
Senior Unsecured Note3.300%2025900 900 
Drawings on revolving credit facilitySOFR + 1.75%2027325 365 
Senior Unsecured Note1.375%2026800 800 
Senior Unsecured Note3.95%2030700 700 
Senior Unsecured Note2.45%20311,000 1,000 
Unamortized (discounts)/premiums & debt issuance (costs)(31)(36)
Total$3,894 $3,729 
Schedule of Future Maturities of Recourse Debt The following table summarizes the principal amounts due under our recourse debt for the next five years and thereafter (in millions):
December 31,Net Principal Amounts Due
2023$— 
2024200 
2025900 
2026800 
2027325 
Thereafter1,700 
Unamortized (discount) premium & debt issuance (costs), net(31)
Total recourse debt$3,894 
As of December 31, 2022 scheduled maturities are presented in the following table (in millions):
December 31,Annual Maturities
2023$— 
2024200 
2025900 
2026800 
2027325 
Thereafter1,700 
Unamortized (discount)/premium & debt issuance (costs), net(31)
Total debt$3,894