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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Total Revenue $ 3,239 $ 2,852
Cost of Goods and Services Sold (2,645) (2,322)
Operating margin 594 530
General and administrative expenses (55) (52)
Interest expense (330) (258)
Interest income 123 75
Loss on extinguishment of debt (1) (6)
Other expense (14) (12)
Other income 10 6
Gain on disposal and sale of business interests 0 1
Asset impairment expense (20) (1)
Foreign currency transaction gains (losses) (42) (19)
INCOME FROM CONTINUING OPERATIONS BEFORE TAXES AND EQUITY IN EARNINGS OF AFFILIATES 265 264
Income tax expense (72) (60)
Net equity in losses of affiliates (4) (33)
NET INCOME 189 171
Less: Net income attributable to noncontrolling interests and redeemable stock of subsidiaries (38) (56)
NET INCOME ATTRIBUTABLE TO THE AES CORPORATION $ 151 $ 115
Income from continuing operations attributable to The AES Corporation common stockholders, net of tax $ 0.22 $ 0.17
Income from continuing operations, net of tax $ 151 $ 115
Income from continuing operations attributable to The AES Corporation common stockholders, net of tax $ 0.21 $ 0.16
Earnings Per Share, Basic 0.22 0.17
Earnings Per Share, Diluted $ 0.21 $ 0.16
DILUTED SHARES OUTSTANDING 712 711
BASIC EARNINGS PER SHARE:    
NET INCOME ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS $ 0.22 $ 0.17
DILUTED EARNINGS PER SHARE:    
NET INCOME ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS $ 0.21 $ 0.16
DILUTED SHARES OUTSTANDING 712 711
Electric Transmission [Member]    
Total Revenue $ 952 $ 835
Cost of Goods and Services Sold (848) (705)
Electricity, Generation [Member]    
Total Revenue 2,287 2,017
Cost of Goods and Services Sold $ (1,797) $ (1,617)