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Consolidated Balance Sheets - USD ($)
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 1,426,000,000 $ 1,374,000,000
Restricted cash 370,000,000 536,000,000
Short-term investments 395,000,000 730,000,000
Accounts receivable, net of allowance of $15 and $5, respectively 1,420,000,000 1,799,000,000
Inventory 712,000,000 1,055,000,000
Prepaid expenses 177,000,000 98,000,000
Other current assets, net of allowance of $14 and $2, respectively 1,387,000,000 1,533,000,000
Current held-for-sale assets 762,000,000 518,000,000
Total current assets 6,649,000,000 7,643,000,000
Property, Plant and Equipment:    
Land 522,000,000 470,000,000
Electric generation, distribution assets and other 30,190,000,000 26,599,000,000
Accumulated depreciation (8,602,000,000) (8,651,000,000)
Construction in progress 7,848,000,000 4,621,000,000
Property, plant and equipment, net 29,958,000,000 23,039,000,000
Other Assets:    
Investments in and advances to affiliates 941,000,000 952,000,000
Debt service reserves and other deposits 194,000,000 177,000,000
Goodwill 348,000,000 362,000,000
Other intangible assets, net of accumulated amortization of $498 and $434, respectively 2,243,000,000 1,841,000,000
Deferred Tax Assets, Tax Deferred Expense 396,000,000 319,000,000
Other noncurrent assets, net of allowance of $9 and $77, respectively 3,259,000,000 4,030,000,000
Noncurrent held-for-sale assets 811,000,000 0
Total other assets 8,192,000,000 7,681,000,000
TOTAL ASSETS 44,799,000,000 38,363,000,000
CURRENT LIABILITIES    
Accounts payable 2,199,000,000 1,730,000,000
Accrued interest 315,000,000 249,000,000
Accrued non-income taxes 278,000,000 249,000,000
Supplier financing arrangements 974,000,000 662,000,000
Accrued and other liabilities $ 1,334,000,000 $ 1,489,000,000
Short-Term Debt, Recourse Status [Extensible Enumeration] Recourse [Member] Recourse [Member]
Non-recourse debt, including $1,080 and $416, respectively, related to variable interest entities $ 3,932,000,000 $ 1,758,000,000
Current held-for-sale liabilities 499,000,000 354,000,000
Total current liabilities 9,731,000,000 6,491,000,000
NONCURRENT LIABILITIES    
Recourse debt 4,264,000,000 3,894,000,000
Non-recourse debt, including $1,715 and $2,295, respectively, related to variable interest entities 18,482,000,000 17,846,000,000
Deferred income taxes 1,245,000,000 1,139,000,000
Other noncurrent liabilities 3,114,000,000 3,168,000,000
Noncurrent held-for-sale liabilities 514,000,000 0
Total noncurrent liabilities 27,619,000,000 26,047,000,000
Commitments and Contingencies (see Notes 12 and 13)
Redeemable stock of subsidiaries 1,464,000,000 1,321,000,000
THE AES CORPORATION STOCKHOLDERS’ EQUITY    
Preferred stock (without par value, 50,000,000 shares authorized; 1,043,050 issued and outstanding at December 31, 2023 and December 31, 2022) 838,000,000 838,000,000
Common stock ($0.01 par value, 1,200,000,000 shares authorized; 819,051,591 issued and 669,693,234 outstanding at December 31, 2023 and 818,790,001 issued and 668,743,464 outstanding at December 31, 2022) 8,000,000 8,000,000
Additional paid-in capital 6,355,000,000 6,688,000,000
Accumulated deficit (1,386,000,000) (1,635,000,000)
Accumulated other comprehensive loss (1,514,000,000) (1,640,000,000)
Treasury stock, at cost (149,358,357 and 150,046,537 shares, respectively) (1,813,000,000) (1,822,000,000)
Total AES Corporation stockholders’ equity 2,488,000,000 2,437,000,000
NONCONTROLLING INTERESTS 3,497,000,000 2,067,000,000
Total equity 5,985,000,000 4,504,000,000
TOTAL LIABILITIES AND EQUITY 44,799,000,000 38,363,000,000
Consolidated Variable Interest Entities [Member]    
CURRENT LIABILITIES    
Non-recourse debt, including $1,080 and $416, respectively, related to variable interest entities 1,080,000,000 416,000,000
NONCURRENT LIABILITIES    
Non-recourse debt, including $1,715 and $2,295, respectively, related to variable interest entities $ 1,715,000,000 $ 2,295,000,000