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Segment and Geographic Information (Tables)
12 Months Ended
Dec. 31, 2023
Segment Reporting Information [Line Items]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
The following tables present financial information by segment for the periods indicated (in millions):
Total Revenue
Year Ended December 31,202320222021
Renewables SBU$2,339 $1,893 $1,562 
Utilities SBU3,495 3,617 2,944 
Energy Infrastructure SBU6,836 7,204 6,702 
New Energy Technologies SBU76 
Corporate and Other138 116 108 
Eliminations(216)(216)(182)
Total Revenue$12,668 $12,617 $11,141 
Reconciliation from Net Income (Loss):Adjusted EBITDA
Year Ended December 31,
202320222021
Net loss
$(182)$(505)$(951)
Income tax expense (benefit)261 265 (133)
Interest expense1,319 1,117 911 
Interest income(551)(389)(298)
Depreciation and amortization1,128 1,053 1,056 
EBITDA$1,975 $1,541 $585 
Less: Income from discontinued operations(7)— (4)
Less: Adjustment for noncontrolling interests and redeemable stock of subsidiaries (1)
(552)(704)(47)
Less: Income tax expense (benefit), interest expense (income) and depreciation and amortization from equity affiliates130 126 123 
Interest income recognized under service concession arrangements71 77 82 
Unrealized derivative and equity securities losses (gains)34 131 (4)
Unrealized foreign currency losses
301 42 14 
Disposition/acquisition losses (gains)
(79)40 863 
Impairment losses877 1,658 1,153 
Loss on extinguishment of debt62 20 71 
Net gains from early contract terminations at Angamos— — (256)
Adjusted EBITDA$2,812 $2,931 $2,580 
_____________________________
(1)The allocation of earnings and losses to tax equity investors from both consolidated entities and equity affiliates is removed from Adjusted EBITDA.

Adjusted EBITDA
Year Ended December 31,202320222021
Renewables SBU$645 $605 $545 
Utilities SBU678 612 633 
Energy Infrastructure SBU1,531 1,836 1,494 
New Energy Technologies SBU(62)(116)(77)
Corporate and Other22 (19)(20)
Eliminations(2)13 
Total Adjusted EBITDA
$2,812 $2,931 $2,580 
The Company uses long-lived assets as its measure of segment assets. Long-lived assets includes amounts recorded in Property, plant and equipment, net and right-of-use assets for operating leases recorded in Other noncurrent assets on the Consolidated Balance Sheets.
Long-Lived Assets
Year Ended December 31, 202320222021
Renewables SBU$15,735 $9,533 $6,353 
Utilities SBU7,166 6,311 6,027 
Energy Infrastructure SBU7,414 7,532 7,778 
New Energy Technologies SBU14 
Corporate and Other17 21 
Long-Lived Assets30,338 23,395 20,183 
Current assets6,649 7,643 5,356 
Investments in and advances to affiliates941 952 1,080 
Debt service reserves and other deposits194 177 237 
Goodwill348 362 1,177 
Other intangible assets2,243 1,841 1,450 
Deferred income taxes396 319 409 
Other noncurrent assets, excluding right-of-use assets for operating leases2,879 3,674 1,911 
Noncurrent held-for-sale assets811 — 1,160 
Total Assets$44,799 $38,363 $32,963 
Depreciation and AmortizationCapital Expenditures
Year Ended December 31, 202320222021202320222021
Renewables SBU$338 $260 $222 $5,759 $2,972 $721 
Utilities SBU400 376 361 1,374 859 544 
Energy Infrastructure SBU381 404 458 585 742 847 
New Energy Technologies SBU— — 
Corporate and Other11 14 10 11 28 
Total$1,128 $1,053 $1,056 $7,733 $4,584 $2,140 
Interest IncomeInterest ExpenseNet Equity in Earnings (Losses) of Affiliates
Year Ended December 31, 202320222021202320222021202320222021
Renewables SBU$181 $131 $55 $326 $236 $200 $41 $28 $63 
Utilities SBU12 243 234 218 
Energy Infrastructure SBU337 246 236 534 488 422 (4)
New Energy Technologies SBU— — — — — (84)(114)(86)
Corporate and Other19 216 159 71 — — — 
Total$551 $389 $298 $1,319 $1,117 $911 $(32)$(71)$(24)
Revenue And PP&E By Country
The following table presents information, by country, about the Company's consolidated operations for each of the three years ended December 31, 2023, 2022, and 2021, and as of December 31, 2023 and 2022 (in millions). Revenue is recorded in the country in which it is earned and assets are recorded in the country in which they are located.
Total Revenue
Long-Lived Assets
Year Ended December 31, 20232022202120232022
United States (1)
$4,439 $4,093 $3,531 $19,750 $13,833 
Non-U.S.:
Chile1,932 2,064 2,297 3,018 2,730 
Dominican Republic1,400 1,591 1,087 1,098 1,013 
El Salvador935 902 792 442 395 
Colombia706 417 383 390 308 
Brazil697 560 471 2,482 1,811 
Panama644 678 595 1,910 1,880 
Mexico536 595 471 271 409 
Bulgaria528 790 700 483 487 
Argentina
407 501 390 431 461 
Vietnam (2)
344 323 320 — 
Jordan97 102 98 39 41 
Other Non-U.S.24 26 
Total Non-U.S.8,229 8,524 7,610 10,588 9,562 
Total$12,668 $12,617 $11,141 $30,338 $23,395 
_____________________________
(1)     Includes Puerto Rico revenues of $269 million, $293 million, and $311 million for the years ended December 31, 2023, 2022, and 2021, respectively, and long-lived assets of $145 million and $96 million as of December 31, 2023 and 2022, respectively.
(2)     The Mong Duong 2 power project is operated under a BOT contract. Future expected payments for the construction performance obligation were recognized in Other noncurrent assets on the Consolidated Balance Sheets as of December 31, 2022. The Mong Duong assets were classified as held-for-sale as of December 31, 2023. See Note 20—Revenue and Note 24—Held-for-Sale and Dispositions for further information.