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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue:        
Regulated $ 1,637 $ 1,565 $ 3,364 $ 3,141
Non-Regulated 1,833 1,664 3,598 3,359
Total revenue 3,470 3,229 6,962 6,500
Cost of Sales:        
Regulated (1,488) (1,431) (3,066) (2,898)
Non-Regulated (1,312) (1,224) (2,633) (2,519)
Total cost of sales (2,800) (2,655) (5,699) (5,417)
Operating margin 670 574 1,263 1,083
General and administrative expenses (49) (47) (103) (95)
Interest expense (333) (390) (681) (732)
Interest income 93 138 190 255
Gain (loss) on extinguishment of debt (12) 0 5 4
Other expense (18) (21) (48) (29)
Other income 15 12 87 25
Gain (loss) on disposal and sale of businesses (48) (17) (48) 30
Asset impairment expense (90) (235) (258) (394)
Foreign currency transaction gains (losses) 12 (36) (8) 4
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE TAXES AND EQUITY IN EARNINGS OF AFFILIATES 240 (22) 399 151
Income tax benefit (expense) (92) 7 (160) (90)
Net equity in earnings of affiliates 2 7 9 14
INCOME (LOSS) FROM CONTINUING OPERATIONS 150 (8) 248 75
Income (loss) from operations of discontinued businesses, net of income tax (expense) benefit of $0, $(1), $0 and $3, respectively 0 3 0 (6)
Net loss from disposal and impairments of discontinued businesses, net of income tax benefit of $0, $401, $0 and $401, respectively 0 (382) 0 (382)
NET INCOME (LOSS) 150 (387) 248 (313)
Less: net income attributable to noncontrolling interests and redeemable stock of subsidiaries (97) (95) (219) (43)
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION 53 (482) 29 (356)
AMOUNTS ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS:        
Income (loss) from continuing operations, net of tax 53 (103) 29 32
Loss from discontinued operations, net of tax 0 (379) 0 (388)
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION $ 53 $ (482) $ 29 $ (356)
BASIC EARNINGS PER SHARE:        
Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax $ 0.08 $ (0.16) $ 0.04 $ 0.05
Loss from discontinued operations attributable to The AES Corporation common stockholders, net of tax 0.00 (0.57) 0.00 (0.59)
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS 0.08 (0.73) 0.04 (0.54)
DILUTED EARNINGS PER SHARE:        
Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax 0.08 (0.16) 0.04 0.05
Loss from discontinued operations attributable to The AES Corporation common stockholders, net of tax $ 0.00 $ (0.57) $ 0.00 $ (0.59)
DILUTED SHARES OUTSTANDING 662 659 662 662
DIVIDENDS DECLARED PER COMMON SHARE $ 0.00 $ 0.00 $ 0.12 $ 0.11
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS $ 0.08 $ (0.73) $ 0.04 $ (0.54)