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Other Income and Expense
 6 Months Ended
Jun. 30, 2024
Other Income and Expenses [Abstract]  
Other Income and Other Expense Disclosure [Text Block] 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, gains on contingent consideration remeasurement, and other income from miscellaneous transactions. Other expense generally includes losses on asset sales and dispositions, losses on legal contingencies, losses on
remeasurement of contingent consideration, losses at commencement of sales-type leases, and losses from other miscellaneous transactions. The components are summarized as follows (in millions):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Other Income
Gain on remeasurement of contingent consideration (1)
$1 $— $12 $— 
AFUDC (US Utilities)3 3 6 6 
Contract termination— — 5 — 
Gain on commencement of sales-type leases— — 5 — 
Insurance proceeds— — 5 — 
Gain on sale and disposal of assets1 — 3 2 
Legal settlements— — — 3 
Other income16 11 20 13 
Total other income$21 $14 $56 $24 
Other Expense
Loss on commencement of sales-type leases (2)
$72 $— $72 $— 
Costs related to troubled debt restructuring (3)
1 — 20 — 
Loss on sale and disposal of assets4 7 8 9 
Allowance for other receivables (4)
1 — 7 — 
Loss on remeasurement of contingent consideration (1)
1 1 6 8 
Non-service pension and other postretirement costs3 3 5 7 
Other2 1 4 2 
Total other expense$84 $12 $122 $26 
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(1)    Primarily related to certain remeasurements of contingent consideration on projects acquired at AES Clean Energy.
(2)    Related to losses recognized at commencement of sales-type leases at AES Renewable Holdings. See Note 10—Leases for further information.
(3)    Related to legal expenses and other direct costs associated with the troubled debt restructuring at Puerto Rico. See Note 8—Debt for further information.
(4)    Related to a valuation allowance on receivables previously classified as held-for-sale at Warrior Run. See Note 14—Revenue for further information.