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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenue:        
Regulated $ 1,903 $ 2,378 $ 5,991 $ 6,636
Non-Regulated 1,818 2,063 5,572 6,378
Total revenue 3,721 4,441 11,563 13,014
Cost of Sales:        
Regulated (1,660) (1,956) (5,101) (5,732)
Non-Regulated (1,388) (1,718) (4,314) (4,902)
Total cost of sales (3,048) (3,674) (9,415) (10,634)
Operating margin 673 767 2,148 2,380
General and administrative expenses (45) (45) (150) (148)
Interest expense (388) (390) (1,061) (1,086)
Interest income 150 69 373 205
Loss on extinguishment of debt (20) (47) (165) (196)
Other expense (18) (12) (52) (37)
Other income 13 12 43 56
Gain on disposals and sale of investments 23 362 24 363
Goodwill impairment expense 0 0 0 (154)
Asset impairment expense (231) (15) (276) (90)
Foreign currency transaction gains (losses) 9 (79) 1 (91)
Other non-operating expense 0 (16) 0 (60)
INCOME FROM CONTINUING OPERATIONS BEFORE TAXES AND EQUITY IN EARNINGS OF AFFILIATES 166 606 885 1,142
Income tax expense (45) (92) (261) (303)
Net equity in earnings (losses) of affiliates 82 (6) 97 39
INCOME FROM CONTINUING OPERATIONS 203 508 721 878
Income from operations of discontinued businesses, net of income tax expense of $0, $0, $0 and $22, respectively 0 0 0 27
Net loss from disposal and impairments of discontinued businesses, net of income tax expense of $0, $0, $0 and $4, respectively 0 0 0 (56)
NET INCOME 203 508 721 849
Noncontrolling interests:        
Less: (Income) from continuing operations attributable to noncontrolling interests (23) (20) (330) (295)
Less: Loss from discontinued operations attributable to noncontrolling interests 0 0 0 9
Total net income attributable to noncontrolling interests (23) (20) (330) (286)
NET INCOME ATTRIBUTABLE TO THE AES CORPORATION 180 488 391 563
AMOUNTS ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS:        
Income from continuing operations, net of tax 180 488 391 583
Loss from discontinued operations, net of tax 0 0 0 (20)
Net Income $ 180 $ 488 $ 391 $ 563
BASIC EARNINGS PER SHARE:        
Income from continuing operations attributable to The AES Corporation common stockholders, net of tax $ 0.27 $ 0.68 $ 0.57 $ 0.81
Loss from discontinued operations attributable to The AES Corporation common stockholders, net of tax 0.00 0.00 0.00 (0.03)
NET INCOME ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS 0.27 0.68 0.57 0.78
DILUTED EARNINGS PER SHARE:        
Income from continuing operations attributable to The AES Corporation common stockholders, net of tax 0.26 0.67 0.56 0.81
Loss from discontinued operations attributable to The AES Corporation common stockholders, net of tax 0.00 0.00 0.00 (0.03)
NET INCOME ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS $ 0.26 $ 0.67 $ 0.56 $ 0.78
DILUTED SHARES OUTSTANDING (in shares) 682 740 694 727
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 0.10 $ 0.05 $ 0.20 $ 0.10