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Other Income and Expense
6 Months Ended
Jun. 30, 2021
Other Income and Expenses [Abstract]  
Other Income and Other Expense Disclosure [Text Block] OTHER INCOME AND EXPENSE
Other income generally includes gains on insurance recoveries in excess of property damage, gains on asset sales and liability extinguishments, favorable judgments on contingencies, allowance for funds used during construction, and other income from miscellaneous transactions. Other expense generally includes losses on asset sales and dispositions, losses on legal contingencies, defined benefit plan non-service costs, and losses from other miscellaneous transactions. The components are summarized as follows (in millions):
Three Months Ended June 30,Six Months Ended June 30,
2021202020212020
Other Income
Gain on remeasurement to acquisition-date fair value (1)
$176 $— $212 $— 
Gain on sale of assets (2)
— 43 
Other13 11 
Total other income$183 $$226 $54 
Other Expense
Loss on commencement of sales-type leases (3)
$— $— $13 $— 
Loss on sale and disposal of assets
Non-service pension and other postretirement costs— — 
Other
— — 
Total other expense$$$20 $
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(1)    Related to the remeasurement of our existing equity interest in sPower’s development platform as part of the step acquisition to form AES Clean Energy Development. See Note 18—Acquisitions for further information.
(2)    Primarily associated with the gain on sale of Redondo Beach land at Southland. See Note 17—Held-for-Sale and Dispositions for further information.
(3)    Related to a loss recognized at commencement of a sales-type lease at AES Distributed Energy. See Note 9—Leases for further information.