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Debt (Tables) | 12 Months Ended
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Dec. 31, 2018
Debt Disclosure [Abstract] |
Schedule of Non-recourse debt [Table Text Block] | During the year ended December 31, 2018, the Company's subsidiaries had the following significant debt transactions:
Subsidiary | Transaction Period |  | Issuances |  | Repayments |  | Gain (Loss) on Extinguishment of Debt
Southland (1) | Q1, Q2, Q3, Q4 |  | $ | 757 |  |  | $ | — |  |  | $ | — |
Tietê | Q1 |  | 385 |  |  | (231 | ) |  | — |
Alto Maipo | Q2 |  | 104 |  |  | — |  |  | — |
DPL | Q2 |  | — |  |  | (106 | ) |  | (6 | )
Gener | Q3 |  | — |  |  | (104 | ) |  | (7 | )
Angamos | Q3 |  | — |  |  | (98 | ) |  | — |
IPALCO | Q4 |  | 105 |  |  | (89 | ) |  | — |
Total |  |  | $ | 1,351 |  |  | $ | (628 | ) |  | $ | (13 | )
_____________________________ (1) Issuances relate to the June 2017, long-term non-recourse debt financing to fund the Southland re-powering construction projects.
Carrying Amount and Terms of Non-Recourse Debt | The following table summarizes the carrying amount and terms of non-recourse debt at our subsidiaries as of the periods indicated (in millions):
NON-RECOURSE DEBT | Weighted Average Interest Rate |  | Maturity |  | December 31,
2018 |  | 2017
Variable Rate: |  |  |  |  |  |  |
Bank loans | 4.46% |  | 2019 – 2050 |  | $ | 2,600 |  |  | $ | 2,488 |
Notes and bonds | 3.89% |  | 2020 – 2030 |  | 821 |  |  | 900 |
Debt to (or guaranteed by) multilateral, export credit agencies or development banks (1) | 3.56% |  | 2023 – 2034 |  | 3,292 |  |  | 3,668 |
Fixed Rate: |  |  |  |  |  |  |
Bank loans | 4.62% |  | 2019 – 2040 |  | 1,684 |  |  | 993 |
Notes and bonds | 5.85% |  | 2019 – 2073 |  | 7,346 |  |  | 7,388 |
Debt to (or guaranteed by) multilateral, export credit agencies or development banks (1) | 5.45% |  | 2023 – 2034 |  | 246 |  |  | 271 |
Other | 5.87% |  | 2023 – 2061 |  | 24 |  |  | 26 |
Unamortized (discount) premium & debt issuance (costs), net |  |  |  |  | (368 | ) |  | (394 | )
Subtotal |  |  |  |  | $ | 15,645 |  |  | $ | 15,340 |
Less: Current maturities |  |  |  |  | (1,659 | ) |  | (2,164 | )
Noncurrent maturities |  |  |  |  | $ | 13,986 |  |  | $ | 13,176 |
_____________________________ (1) Multilateral loans include loans funded and guaranteed by bilaterals, multilaterals, development banks and other similar institutions.
Schedule For Maturity For Non-Recourse Debt | Non-recourse debt as of December 31, 2018 is scheduled to reach maturity as shown below (in millions):
December 31, | Annual Maturities
2019 | $ | 1,697 |
2020 | 1,458 |
2021 | 1,601 |
2022 | 1,530 |
2023 | 1,316 |
Thereafter | 8,411 |
Unamortized (discount) premium & debt issuance (costs), net | (368 | )
Total | $ | 15,645 |
Debt In Default Table | The following table summarizes the Company's subsidiary non-recourse debt in default (in millions) as of December 31, 2018. Due to the defaults, these amounts are included in the current portion of non-recourse debt:
| Primary Nature of Default |  | December 31, 2018
Subsidiary | Default |  | Net Assets
AES Puerto Rico | Covenant |  | $ | 317 |  |  | $ | 139 |
AES Ilumina (Puerto Rico) | Covenant |  | 34 |  |  | 17 |
Total |  |  | $ | 351 |  | (1)
_____________________________ (1) This does not include $483 million of non-recourse debt at Colon, one of the Company’s subsidiaries in Panama, that has been classified as current. Colon is currently in compliance with all provisions of its financing agreements, but does not expect to complete a required contract assignment to the lenders by the March 31, 2019 deadline. The Company is working with the lenders to modify the loan agreement to amend the requirement of this technical covenant in 2019. If this amendment is executed, the debt will be re-classified as noncurrent.
Schedule of Recourse Debt Detail | The following table summarizes the carrying amount and terms of recourse debt of the Company as of the periods indicated (in millions):
| Interest Rate |  | Final Maturity |  | December 31, 2018 |  | December 31, 2017
Senior Unsecured Note | 8.00% |  | 2020 |  | $ | — |  |  | $ | 228 |
Senior Unsecured Note | 4.00% |  | 2021 |  | 500 |  |  | — |
Senior Unsecured Note | 7.38% |  | 2021 |  | — |  |  | 690 |
Drawings on secured credit facility | LIBOR + 2.00% |  | 2021 |  | — |  |  | 207 |
Senior Secured Term Loan | LIBOR + 1.75% |  | 2022 |  | 366 |  |  | 521 |
Senior Unsecured Note | 4.88% |  | 2023 |  | 713 |  |  | 713 |
Senior Unsecured Note | 4.50% |  | 2023 |  | 500 |  |  | — |
Senior Unsecured Note | 5.50% |  | 2024 |  | 63 |  |  | 738 |
Senior Unsecured Note | 5.50% |  | 2025 |  | 544 |  |  | 573 |
Senior Unsecured Note | 6.00% |  | 2026 |  | 500 |  |  | 500 |
Senior Unsecured Note | 5.13% |  | 2027 |  | 500 |  |  | 500 |
Unamortized (discount) premium & debt issuance (costs), net |  |  |  |  | (31 | ) |  | (40 | )
Subtotal |  |  |  |  | $ | 3,655 |  |  | $ | 4,630 |
Less: Current maturities |  |  |  |  | (5 | ) |  | (5 | )
Noncurrent maturities |  |  |  |  | $ | 3,650 |  |  | $ | 4,625 |
|  |  |  |  |  | December 31,
|  | Interest Rate |  | Maturity |  | 2018 |  | 2017
Senior Unsecured Note |  | 8.00% |  | 2020 |  | $ | — |  |  | $ | 228 |
Senior Unsecured Note |  | 7.38% |  | 2021 |  | — |  |  | 690 |
Drawings on secured credit facility |  | LIBOR + 2.00% |  | 2021 |  | — |  |  | 207 |
Senior Unsecured Note |  | 4.00% |  | 2021 |  | 500 |  |  | — |
Senior Secured Term Loan |  | LIBOR + 1.75% |  | 2022 |  | 366 |  |  | 521 |
Senior Unsecured Note |  | 4.50% |  | 2023 |  | 500 |  |  | — |
Senior Unsecured Note |  | 4.88% |  | 2023 |  | 713 |  |  | 713 |
Senior Unsecured Note |  | 5.50% |  | 2024 |  | 63 |  |  | 738 |
Senior Unsecured Note |  | 5.50% |  | 2025 |  | 544 |  |  | 573 |
Senior Unsecured Note |  | 6.00% |  | 2026 |  | 500 |  |  | 500 |
Senior Unsecured Note |  | 5.13% |  | 2027 |  | 500 |  |  | 500 |
Unamortized (discounts)/premiums & debt issuance (costs) |  |  |  |  |  | (31 | ) |  | (40 | )
Subtotal |  |  |  |  |  | $ | 3,655 |  |  | $ | 4,630 |
Less: Current maturities |  |  |  |  |  | (5 | ) |  | (5 | )
Total |  |  |  |  |  | $ | 3,650 |  |  | $ | 4,625 |
Schedule of Future Maturities of Recourse Debt | The following table summarizes the principal amounts due under our recourse debt for the next five years and thereafter (in millions):
December 31, | Net Principal Amounts Due
2019 | $ | 5 |
2020 | 5 |
2021 | 505 |
2022 | 350 |
2023 | 1,213 |
Thereafter | 1,608 |
Unamortized (discount) premium & debt issuance (costs), net | (31 | )
Total recourse debt | $ | 3,655 |
As of December 31, 2018 scheduled maturities are presented in the following table (in millions):
December 31, | Annual Maturities
2019 | $ | 5 |
2020 | 5 |
2021 | 505 |
2022 | 350 |
2023 | 1,213 |
Thereafter | 1,608 |
Unamortized (discount)/premium & debt issuance (costs) | (31 | )
Total debt | $ | 3,655 |

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