XML 75 R31.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Other Income and Expense | 12 Months Ended
--- | ---
Dec. 31, 2021
Other Income and Expenses [Abstract] |
OTHER INCOME AND EXPENSE | 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):
| Year Ended December 31, | 2021 |  | 2020 |  | 2019
Other Income | Gain on remeasurement to acquisition-date fair value (1) | $ | 254 |  |  | $ | — |  |  | $ | — |
| Legal settlements (2) | 53 |  |  | — |  |  | — |
| Gain on remeasurement of contingent consideration (3) | 28 |  |  | — |  |  | — |
| Gain on sale of assets (4) | 24 |  |  | 46 |  |  | — |
| Gain on pension curtailment | 11 |  |  | — |  |  | — |
| Non-service pension income | 10 |  |  | — |  |  | — |
| AFUDC (US Utilities) | 8 |  |  | 5 |  |  | 3 |
| Gain on insurance proceeds (5) | — |  |  | — |  |  | 118 |
| Other | 22 |  |  | 24 |  |  | 24 |
| Total other income | $ | 410 |  |  | $ | 75 |  |  | $ | 145 |
Other Expense | Loss on sale and disposal of assets (6) | $ | 14 |  |  | $ | 7 |  |  | $ | 22 |
| Loss on commencement of sales-type leases (7) | 13 |  |  | — |  |  | 36 |
| Loss on sale of receivables (8) | 9 |  |  | 20 |  |  | — |
| Legal contingencies and settlements | 2 |  |  | 15 |  |  | 2 |
| Non-service pension and other postretirement costs | — |  |  | 2 |  |  | 17 |
| Other | 22 |  |  | 9 |  |  | 3 |
| Total other expense | $ | 60 |  |  | $ | 53 |  |  | $ | 80 |
_____________________________ (1)Primarily 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 25—Acquisitions for further information. (2)Primarily related to settlement of legal arbitration at Alto Maipo. (3)Primarily related to the remeasurement of contingent consideration on the Great Cove Solar acquisition at Clean Energy See Note 25—Acquisitions for further information. (4)For the year ended December 31, 2020, primarily associated with the gain on sale of Redondo Beach land at Southland. See Note 24—Held-for-Sale and Dispositions for further information. (5)Associated with recoveries for property damage at the Andres facility in the Dominican Republic from a lightning incident in September 2018 and the upgrade of the tunnel lining at Changuinola. (6)For the year ended December 31, 2019, associated with a loss due to the upgrade of the tunnel lining at Changuinola. (7)Related to losses recognized at commencement of sales-type leases at AES Renewable Holdings. See Note 14—Leases for further information. (8)Associated with a loss on sale of Stabilization Fund receivables at AES Andes. See Note 7—Financing Receivables for further information.

X
- References No definition available. + Details
Name: | us-gaap_OtherIncomeAndExpensesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 720 -URI http://asc.fasb.org/topic&trid=2122503 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 610 -URI http://asc.fasb.org/topic&trid=49130413 + Details
Name: | us-gaap_OtherIncomeAndOtherExpenseDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration