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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Statement of Comprehensive Income [Abstract]    
NET INCOME $ 278 $ 189
Foreign currency translation activity:    
Foreign currency translation adjustments, net of $0 income tax for all periods (43) 40
Total foreign currency translation adjustment, net of income tax (43) 40
Derivative activity:    
Change in fair value of derivatives, net of income tax benefit (expense) of $(44) and $31, respectively 200 (122)
Reclassification to earnings, net of income tax benefit of $0 and $9, respectively (2) (41)
Total change in fair value of derivatives 198 (163)
Pension activity:    
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, after Tax 0 (1)
Total pension adjustments 0 (1)
OTHER COMPREHENSIVE INCOME (LOSS) 158 (122)
COMPREHENSIVE INCOME 436 67
Less: Comprehensive loss (income) attributable to noncontrolling interests and redeemable stock of subsidiaries 96 (18)
COMPREHENSIVE INCOME ATTRIBUTABLE TO THE AES CORPORATION $ 532 $ 49