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Leases (Tables)
 9 Months Ended
Sep. 30, 2021
Leases [Abstract]  
Operating Lease, Lease Income [Table Text Block]
The following table presents lease revenue from operating leases in which the Company is the lessor for the periods indicated (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
Operating Lease Income2021202020212020
Total lease revenue$193 $154 $454 $442 
Less: Variable lease revenue24 24 63 58 
Total Non-variable lease revenue$169 $130 $391 $384 
Sales-type Lease, Lease Income [Table Text Block]
The following table shows the future lease receipts as of September 30, 2021 for the remainder of 2021 through 2025 and thereafter (in millions):
Future Cash Receipts for
Sales-Type Leases (1)
Operating Leases
2021$5 $118 
202220 465 
202320 401 
202421 402 
202521 402 
Thereafter336 1,031 
Total$423 $2,819 
Less: Imputed interest(202)
Present value of total lease receipts$221 
_______________________________
(1)The sales-type lease receivable balance is primarily related to AES Energy Storage Alamitos project that commenced in January 2021.
 [1]
Property, Plant, and Equipment, Lessor Asset under Operating Lease
The following table presents the underlying gross assets and accumulated depreciation of operating leases included in Property, Plant and Equipment for the periods indicated (in millions):
Property, Plant and EquipmentSeptember 30, 2021December 31, 2020
Gross assets$2,514 $3,103 
Accumulated depreciation(821)(1,011)
Net assets (1)
$1,693 $2,092 
_______________________________
(1)The decrease in net assets is primarily related to the asset impairment at Puerto Rico. See Note 16—Asset Impairment Expense for further information.
 [2]
[1] The sales-type lease receivable balance is primarily related to AES Energy Storage Alamitos project that commenced in January 2021.
[2] The decrease in net assets is primarily related to the asset impairment at Puerto Rico. See Note 16—Asset Impairment Expense for further information.