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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 1,262 $ 1,539
Restricted cash 295 283
Short-term investments 484 709
Accounts receivable, net of allowance for doubtful accounts of $95 and $96, respectively 2,473 2,709
Inventory 675 702
Deferred income taxes 0 275
Prepaid expenses 108 175
Other current assets 1,473 1,434
Assets of held-for-sale businesses 96 0
Total current assets 6,866 7,826
Property, Plant and Equipment:    
Land 711 870
Electric generation, distribution assets and other 28,491 30,459
Accumulated depreciation (9,449) (9,962)
Construction in progress 3,063 3,784
Property, plant and equipment, net 22,816 25,151
Other Assets:    
Investments in and advances to affiliates 610 537
Debt service reserves and other deposits 565 411
Goodwill 1,157 1,458
Other intangible assets, net of accumulated amortization of $97 and $158, respectively 214 281
Deferred income taxes 543 662
Service Concession Assets 1,543 0
Other noncurrent assets 2,536 2,640
Total other assets 7,168 5,989
TOTAL ASSETS 36,850 38,966
CURRENT LIABILITIES    
Accounts payable 1,721 2,278
Accrued interest 251 260
Accrued and other liabilities 2,436 2,326
Recourse debt 0 151
Non-recourse debt, including $163 and $240, respectively, related to variable interest entities 2,529 1,982
Liabilities of held-for-sale businesses 13 0
Total current liabilities 6,950 6,997
NONCURRENT LIABILITIES    
Non-recourse debt, including $760 and $1,030, respectively, related to variable interest entities 13,263 13,618
Recourse debt 5,015 5,107
Deferred income taxes 1,090 1,277
Pension and other post-retirement liabilities 927 1,342
Other noncurrent liabilities 2,896 3,222
Total noncurrent liabilities $ 23,191 $ 24,566
Commitments and Contingencies (see Notes 13 and 14)
Redeemable stock of subsidiaries $ 538 $ 78
THE AES CORPORATION STOCKHOLDERS’ EQUITY    
Common stock ($0.01 par value, 1,200,000,000 shares authorized; 815,846,621 issued and 666,808,790 outstanding at December 31, 2015 and 814,539,146 issued and 703,851,297 outstanding at December 31, 2014) 8 8
Additional paid-in capital 8,718 8,409
Retained earnings 143 512
Accumulated other comprehensive loss (3,883) (3,286)
Treasury stock, at cost (149,037,831 shares at December 31, 2015 and 110,687,849 shares at December 31, 2014) (1,837) (1,371)
Total AES Corporation stockholders’ equity 3,149 4,272
NONCONTROLLING INTERESTS 3,022 3,053
Total equity 6,171 7,325
TOTAL LIABILITIES AND EQUITY $ 36,850 $ 38,966