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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues $ 12,668 $ 12,617 $ 11,141
Cost of Goods and Services Sold 10,164 10,069 8,430
Operating margin 2,504 2,548 2,711
General and administrative expenses (255) (207) (166)
Interest expense (1,319) (1,117) (911)
Interest income 551 389 298
Gain (Loss) on Extinguishment of Debt (63) (15) (78)
Other expense 99 68 60
Other income 89 102 410
Gain (loss) on disposal and sale of business interests 134 (9) (1,683)
Goodwill impairment expense (12) (777) 0
Asset impairment expense (1,067) (763) (1,575)
Foreign currency transaction losses (359) (77) (10)
Other non-operating expense 0 (175) 0
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE TAXES AND EQUITY IN EARNINGS OF AFFILIATES 104 (169) (1,064)
Income tax benefit (expense) (261) (265) 133
Net equity in losses of affiliates (32) (71) (24)
LOSS FROM CONTINUING OPERATIONS (189) (505) (955)
Gain from disposal of discontinued businesses, net of income tax benefit (expense) of $7, $0, and $(1), respectively 7 0 4
NET INCOME (LOSS) (182) (505) (951)
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION 249 (546) (409)
Income (loss) from continuing operations, net of tax 242 (546) (413)
AMOUNTS ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS:      
Income (loss) from continuing operations, net of tax 242 (546) (413)
Income from discontinued operations, net of tax 7 0 4
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION $ 249 $ (546) $ (409)
BASIC EARNINGS PER SHARE:      
Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax $ 0.36 $ (0.82) $ (0.62)
Income from discontinued operations attributable to The AES Corporation common stockholders, net of tax 0.01 0 0.01
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS 0.37 (0.82) (0.61)
DILUTED EARNINGS PER SHARE:      
Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax 0.34 (0.82) (0.62)
Income from discontinued operations attributable to The AES Corporation common stockholders, net of tax 0.01 0 0.01
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS $ 0.35 $ (0.82) $ (0.61)
Electricity, Generation [Member]      
Revenues $ 9,245 $ 9,079 $ 8,273
Cost of Goods and Services Sold 7,173 6,907 5,982
Electric Distribution [Member]      
Revenues 3,423 3,538 2,868
Cost of Goods and Services Sold $ 2,991 $ 3,162 $ 2,448