XML 42 R20.htm IDEA: XBRL DOCUMENT
v3.23.1

Revenue (Notes) | 3 Months Ended
--- | ---
Mar. 31, 2023
Revenue from Contracts with Customers [Abstract] |
Revenue from Contract with Customer [Text Block] | REVENUE The following table presents our revenue from contracts with customers and other revenue for the periods indicated (in millions):
| Three Months Ended March 31, 2023
| Renewables SBU |  | Utilities SBU |  | Energy Infrastructure SBU |  | New Energy Technologies SBU |  | Corporate, Other and Eliminations |  | Total
Non-Regulated Revenue |  |  |  |  |  |  |  |  |  |  |
Revenue from contracts with customers | $ | 477 |  |  | $ | 17 |  |  | $ | 1,572 |  |  | $ | 74 |  |  | $ | (25) |  |  | $ | 2,115 |
Other non-regulated revenue (1) | 18 |  |  | 2 |  |  | 152 |  |  | — |  |  | — |  |  | 172 |
Total non-regulated revenue | 495 |  |  | 19 |  |  | 1,724 |  |  | 74 |  |  | (25) |  |  | 2,287 |
Regulated Revenue |  |  |  |  |  |  |  |  |  |  |
Revenue from contracts with customers | — |  |  | 944 |  |  | — |  |  | — |  |  | — |  |  | 944 |
Other regulated revenue | — |  |  | 8 |  |  | — |  |  | — |  |  | — |  |  | 8 |
Total regulated revenue | — |  |  | 952 |  |  | — |  |  | — |  |  | — |  |  | 952 |
Total revenue | $ | 495 |  |  | $ | 971 |  |  | $ | 1,724 |  |  | $ | 74 |  |  | $ | (25) |  |  | $ | 3,239 |
| Three Months Ended March 31, 2022
| Renewables SBU |  | Utilities SBU |  | Energy Infrastructure SBU |  | New Energy Technologies SBU |  | Corporate, Other and Eliminations |  | Total
Non-Regulated Revenue |  |  |  |  |  |  |  |  |  |  |
Revenue from contracts with customers | $ | 425 |  |  | $ | 23 |  |  | $ | 1,501 |  |  | $ | — |  |  | $ | (34) |  |  | $ | 1,915 |
Other non-regulated revenue (1) | (5) |  |  | 1 |  |  | 106 |  |  | — |  |  | — |  |  | 102 |
Total non-regulated revenue | 420 |  |  | 24 |  |  | 1,607 |  |  | — |  |  | (34) |  |  | 2,017 |
Regulated Revenue |  |  |  |  |  |  |  |  |  |  |
Revenue from contracts with customers | — |  |  | 828 |  |  | — |  |  | — |  |  | — |  |  | 828 |
Other regulated revenue | — |  |  | 7 |  |  | — |  |  | — |  |  | — |  |  | 7 |
Total regulated revenue | — |  |  | 835 |  |  | — |  |  | — |  |  | — |  |  | 835 |
Total revenue | $ | 420 |  |  | $ | 859 |  |  | $ | 1,607 |  |  | $ | — |  |  | $ | (34) |  |  | $ | 2,852 |
_______________________________ (1) Other non-regulated revenue primarily includes lease and derivative revenue not accounted for under ASC 606. Contract Balances — The timing of revenue recognition, billings, and cash collections results in accounts receivable and contract liabilities. The contract liabilities from contracts with customers were $364 million and $337 million as of March 31, 2023 and December 31, 2022, respectively. During the three months ended March 31, 2023 and 2022, we recognized revenue of $7 million and $30 million, respectively, that was included in the corresponding contract liability balance at the beginning of the periods. A significant financing arrangement exists for our Mong Duong plant in Vietnam. The plant was constructed under a build, operate, and transfer contract and will be transferred to the Vietnamese government after the completion of a 25 year PPA. The performance obligation to construct the facility was substantially completed in 2015. Contract consideration related to the construction, but not yet collected through the 25 year PPA, was reflected on the Condensed Consolidated Balance Sheet. As of March 31, 2023 and December 31, 2022, the Mong Duong loan receivable balance of $1.1 billion, net of CECL reserves of $27 million and $28 million, respectively, was classified as a Loan receivable on the Condensed Consolidated Balance Sheets. Remaining Performance Obligations — The transaction price allocated to remaining performance obligations represents future consideration for unsatisfied (or partially unsatisfied) performance obligations at the end of the reporting period. As of March 31, 2023, the aggregate amount of transaction price allocated to remaining performance obligations was $5 million, primarily consisting of fixed consideration for the sale of renewable energy credits (“RECs”) in long-term contracts in the U.S. We expect to recognize revenue of approximately $1 million per year between 2023 and 2027

X
- Definition Revenue from Contracts with Customers [Abstract] + References No definition available. + Details
Name: | aes_RevenuefromContractswithCustomersAbstract
Namespace Prefix: | aes_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-9 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-15 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-12 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-12 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-12 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-12 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-12 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-13 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 606 -Publisher FASB -URI https://asc.fasb.org//606/tableOfContent + Details
Name: | us-gaap_RevenueFromContractWithCustomerTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration