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Equity | 6 Months Ended
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Jun. 30, 2019
Equity [Abstract] |
EQUITY | EQUITY Accumulated Other Comprehensive Loss — The following table summarizes the changes in AOCL by component, net of tax and NCI, for the six months ended June 30, 2019 (in millions):
| Foreign currency translation adjustment, net |  | Unrealized derivative gains (losses), net |  | Unfunded pension obligations, net |  | Total
Balance at the beginning of the period | $ | (1,721 | ) |  | $ | (300 | ) |  | $ | (50 | ) |  | $ | (2,071 | )
Other comprehensive income (loss) before reclassifications | 8 |  |  | (150 | ) |  | 2 |  |  | (140 | )
Amount reclassified to earnings | 23 |  |  | 18 |  |  | 27 |  |  | 68 |
Other comprehensive income (loss) | 31 |  |  | (132 | ) |  | 29 |  |  | (72 | )
Cumulative effect of a change in accounting principle | — |  |  | (4 | ) |  | — |  |  | (4 | )
Balance at the end of the period | $ | (1,690 | ) |  | $ | (436 | ) |  | $ | (21 | ) |  | $ | (2,147 | )
Reclassifications out of AOCL are presented in the following table. Amounts for the periods indicated are in millions and those in parentheses indicate debits to the Condensed Consolidated Statements of Operations:
AOCL Components |  | Affected Line Item in the Condensed Consolidated Statements of Operations |  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2019 |  | 2018 |  | 2019 |  | 2018
Foreign currency translation adjustment, net |  |
|  | Gain (loss) on disposal and sale of business interests |  | $ | (23 | ) |  | $ | — |  |  | $ | (23 | ) |  | $ | 16 |
|  | Net gain from disposal of discontinued operations |  | — |  |  | (18 | ) |  | — |  |  | $ | (18 | )
|  | Net income attributable to The AES Corporation |  | $ | (23 | ) |  | $ | (18 | ) |  | $ | (23 | ) |  | $ | (2 | )
Derivative gains (losses), net |  |  |  |  |  |  |  |
|  | Non-regulated revenue |  | $ | — |  |  | $ | (1 | ) |  | $ | — |  |  | $ | (5 | )
|  | Non-regulated cost of sales |  | (1 | ) |  | (1 | ) |  | (10 | ) |  | (2 | )
|  | Interest expense |  | (7 | ) |  | (12 | ) |  | (15 | ) |  | (27 | )
|  | Gain (loss) on disposal and sale of business interests |  | 1 |  |  | — |  |  | 1 |  |  | — |
|  | Foreign currency transaction gains (losses) |  | (2 | ) |  | (31 | ) |  | 3 |  |  | (20 | )
|  | Income from continuing operations before taxes and equity in earnings of affiliates |  | (9 | ) |  | (45 | ) |  | (21 | ) |  | (54 | )
|  | Income tax expense |  | 2 |  |  | 9 |  |  | 4 |  |  | 8 |
|  | Net equity in earnings (losses) of affiliates |  | (2 | ) |  | — |  |  | (2 | ) |  | — |
|  | Income from continuing operations |  | (9 | ) |  | (36 | ) |  | (19 | ) |  | (46 | )
|  | Less: Income from continuing operations attributable to noncontrolling interests and redeemable stock of subsidiaries |  | 1 |  |  | 8 |  |  | 1 |  |  | 11 |
|  | Net income attributable to The AES Corporation |  | $ | (8 | ) |  | $ | (28 | ) |  | $ | (18 | ) |  | $ | (35 | )
Amortization of defined benefit pension actuarial loss, net |  |  |  |  |  |  |  |
|  | Other expense |  | $ | — |  |  | $ | (1 | ) |  | $ | (1 | ) |  | $ | (2 | )
|  | Gain (loss) on disposal and sale of business interests |  | (26 | ) |  | — |  |  | (26 | ) |  | — |
|  | Income from continuing operations before taxes and equity in earnings of affiliates |  | (26 | ) |  | (1 | ) |  | (27 | ) |  | (2 | )
|  | Income from continuing operations |  | (26 | ) |  | (1 | ) |  | (27 | ) |  | (2 | )
|  | Loss from operations of discontinued businesses |  | — |  |  | 1 |  |  | — |  |  | — |
|  | Net gain from disposal of discontinued operations |  | — |  |  | (2 | ) |  | — |  |  | (2 | )
|  | Net income |  | (26 | ) |  | (2 | ) |  | (27 | ) |  | (4 | )
|  | Net income attributable to The AES Corporation |  | $ | (26 | ) |  | $ | (2 | ) |  | $ | (27 | ) |  | $ | (4 | )
Total reclassifications for the period, net of income tax and noncontrolling interests |  | $ | (57 | ) |  | $ | (48 | ) |  | $ | (68 | ) |  | $ | (41 | )
Common Stock Dividends — The Parent Company paid dividends of $0.1365 per outstanding share to its common stockholders during the first and second quarters of 2019 for dividends declared in December 2018 and February 2019, respectively. On July 12, 2019, the Board of Directors declared a quarterly common stock dividend of $0.1365 per share payable on August 15, 2019, to shareholders of record at the close of business on August 1, 2019.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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