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Redeemable Stocks of Subsidiaries (Notes) | 6 Months Ended
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Jun. 30, 2023
Redeemable Stock of Subsidiaries [Abstract] |
Redeemable Noncontrolling Interest [Table Text Block] | REDEEMABLE STOCK OF SUBSIDIARIES The following table summarizes the Company’s redeemable stock of subsidiaries balances as of the periods indicated (in millions):
| June 30, 2023 |  | December 31, 2022
IPALCO common stock | $ | 765 |  |  | $ | 782 |
AES Clean Energy Development common stock | 439 |  |  | 436 |
AES Clean Energy Development tax equity partnerships | 66 |  |  | 86 |
Potengi common and preferred stock | 19 |  |  | 17 |
Total redeemable stock of subsidiaries | $ | 1,289 |  |  | $ | 1,321 |
Potengi — In March 2022, Tucano Holding I (“Tucano”), a subsidiary of AES Brasil, issued new shares in the Potengi wind development project. BRF S.A. (“BRF”) acquired shares representing 24% of the equity in the project for $12 million, reducing the Company’s indirect ownership interest in Potengi to 35.5%. As the Company maintained control after the transaction, Potengi continues to be consolidated by the Company. As part of the transaction, BRF was given an option to sell its entire ownership interest at the conclusion of the PPA term. As a result, the minority ownership interest is considered temporary equity, which will be adjusted for earnings or losses allocated to the noncontrolling interest under ASC 810. Any subsequent changes in the redemption value of the exit rights will be recognized in accordance with ASC 480-10-S99, as it is probable that the shares will become redeemable.

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- Definition Redeemable Stock of Subsidiaries [Abstract] + References No definition available. + Details
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- Definition Tabular disclosure of redeemable noncontrolling interest (as defined) included in the statement of financial position as either a liability or temporary equity. As of the date of the statement of financial position, such redeemable noncontrolling interest is currently redeemable, as defined, for cash or other assets of the entity at (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder of the noncontrolling interest, or (3) upon occurrence of an event that is not solely within the control of the entity. + References No definition available. + Details
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