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Consolidated Balance Sheets (USD $)
In Millions
Dec. 31, 2010
Dec. 31, 2009
CURRENT ASSETS    
Cash and cash equivalents $ 2,552 $ 1,780
Restricted cash 502 339
Short-term investments 1,730 1,648
Accounts receivable, net of allowance for doubtful accounts of $307 and $289, respectively 2,316 2,078
Inventory 562 479
Receivable from affiliates 27 24
Deferred income taxes - current 306 210
Prepaid expenses 225 152
Other current assets 1,056 1,534
Current assets of discontinued and held for sale businesses 170 543
Total current assets 9,446 8,787
Property, Plant and Equipment:    
Land 1,126 1,100
Electric generation, distribution assets and other 28,172 25,972
Accumulated depreciation (9,145) (8,576)
Construction in progress 4,459 4,593
Property, plant and equipment, net 24,612 23,089
Other Assets:    
Deferred financing costs, net of accumulated amortization of $287 and $286, respectively 375 376
Investments in and advances to affiliates 1,320 1,157
Debt service reserves and other deposits 653 557
Goodwill 1,271 1,299
Other intangible assets, net of accumulated amortization of $157 and $140, respectively 511 333
Deferred income taxes - noncurrent 646 586
Other 1,589 1,523
Noncurrent assets of discontinued and held for sale businesses 88 1,828
Total other assets 6,453 7,659
TOTAL ASSETS 40,511 39,535
CURRENT LIABILITIES    
Accounts payable 2,053 1,826
Accrued interest 257 260
Accrued and other liabilities 2,662 2,296
Non-recourse debt - current, including $1,150 related to variable interest entities at December 31, 2010 2,567 1,707
Recourse debt - current 463 214
Current liabilities of discontinued and held for sale businesses 63 318
Total current liabilities 8,065 6,621
LONG-TERM LIABILITIES    
Non-recourse debt - noncurrent, including $2,201 related to variable interest entities at December 31, 2010 12,372 12,121
Recourse debt - noncurrent 4,149 5,301
Deferred income taxes - noncurrent 895 1,090
Pension and other post-retirement liabilities 1,512 1,317
Other long-term liabilities 2,814 3,095
Long-term liabilities of discontinued and held for sale businesses 231 1,050
Total long-term liabilities 21,973 23,974
Cumulative preferred stock of subsidiary 60 60
THE AES CORPORATION STOCKHOLDERS' EQUITY    
Common stock ($0.01 par value, 1,200,000,000 shares authorized; 804,894,313 issued and 787,607,240 outstanding at December 31, 2010 and 677,214,493 issued and 667,679,913 outstanding at December 31, 2009) 8 7
Additional paid-in capital 8,444 6,868
Retained earnings 620 650
Accumulated other comprehensive income (loss) (2,383) (2,724)
Treasury stock, at cost (17,287,073 and 9,534,580 shares at December 31, 2010 and 2009, respectively) (216) (126)
Total The AES Corporation stockholders' equity 6,473 4,675
NONCONTROLLING INTERESTS 3,940 4,205
Total equity 10,413 8,880
TOTAL LIABILITIES AND EQUITY $ 40,511 $ 39,535