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Investment In and Advances To Affiliates | 3 Months Ended
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Mar. 31, 2022
Investments in and Advances to Affiliates, Schedule of Investments [Abstract] |
Equity Method Investments and Joint Ventures Disclosure [Text Block] | INVESTMENTS IN AND ADVANCES TO AFFILIATES Summarized Financial Information — The following table summarizes financial information of the Company’s 50%-or-less-owned affiliates that are accounted for using the equity method (in millions):
| 50%-or-less Owned Affiliates (1) |  |
Three Months Ended March 31, | 2022 |  | 2021 |  |  |  |
Revenue | $ | 302 |  |  | $ | 506 |  |  |  |  |
Operating margin (loss) | (214) |  |  | 32 |  |  |  |  |
Net loss | (254) |  |  | (17) |  |  |  |  |
_______________________________ (1) As of July 1, 2021, AES began to account for its investment in Fluence quarterly, on a three-month lag. This shift in timing is necessary due to the nature of the entity subsequent to its IPO. sPower — On February 1, 2021, the Company substantially completed the merger of the sPower and AES Renewable Holdings development platforms to form AES Clean Energy Development, a consolidated entity, which will serve as the development vehicle for all future renewable projects in the U.S. Since the sPower development platform was carved-out of AES’ existing equity method investment, this transaction resulted in a $77 million decrease in the carrying value of the sPower investment. See Note 17—Acquisitions for further information. As the Company still does not control sPower after the transaction, it continues to be accounted for as an equity method investment and is reported in the US and Utilities SBU reportable segment

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- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -URI https://asc.fasb.org/topic&trid=2196965 + Details
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