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Redeemable Stocks of Subsidiaries (Notes)
 6 Months Ended
Jun. 30, 2024
Redeemable Stock of Subsidiaries [Abstract]  
Redeemable Noncontrolling Interest [Table Text Block] REDEEMABLE STOCK OF SUBSIDIARIES
Equity securities with redemption features that are not solely within the control of the issuer are classified as temporary equity and recorded in Redeemable stock of subsidiaries on the Condensed Consolidated Balance Sheets. Generally, these instruments are initially measured at fair value and are subsequently adjusted for income and dividends allocated to the noncontrolling interest. Subsequent measurement and classification may vary depending on whether the instrument is probable of becoming redeemable. For those securities that are currently redeemable or where it is probable that the instrument will become redeemable, any changes from the carrying value to redemption value are recognized in temporary equity against Additional paid-in capital. When the instrument is not probable of becoming redeemable, no adjustment to the carrying value is recognized.
The following table summarizes the Company’s redeemable stock of subsidiaries balances as of the periods indicated (in millions):
June 30, 2024December 31, 2023
IPALCO common stock$820 $773 
AES Clean Energy tax equity partnerships
65 129 
Potengi common and preferred stock16 18 
AES Clean Energy Development common stock— 544 
Total redeemable stock of subsidiaries$901 $1,464