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Credit Losses

6 Months Ended

Jun. 30, 2024

ALLOWANCE FOR CREDIT LOSSES

The following table represents the rollforward of the allowance for credit losses for the periods indicated (in millions):


Six Months Ended June 30, 2024	Accounts Receivable		Mong Duong Loan Receivable (1)		Argentina Receivables		Other (2)		Total
CECL reserve balance at beginning of period	$	15	$	26	$	7	$	16	$	64
Current period provision	10		—		—		4		14
Write-offs charged against allowance	(4)		—		—		(7)		(11)
Recoveries collected	1		(1)		1		—		1
Foreign exchange			—		(1)		(2)		(3)
CECL reserve balance at end of period	$	22	$	25	$	7	$	11	$	65


Six Months Ended June 30, 2023	Accounts Receivable		Mong Duong Loan Receivable		Argentina Receivables		Lease Receivable (3)		Other		Total






CECL reserve balance at beginning of period	$	3	$	29	$	30	$	20	$	2	$	84
Current period provision	10		—		—		—		9		19
Write-offs charged against allowance	(7)		—		—		(20)		—		(27)
Recoveries collected	2		(1)		—		—		—		1
Foreign exchange	—		—		(9)		—		(1)		(10)
CECL reserve balance at end of period	$	8	$	28	$	21	$	—	$	10	$	67

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(1)Mong Duong loan receivable credit losses allowance was classified in held-for-sale assets on the Condensed Consolidated Balance Sheet as of June 30, 2024.

(2)Primarily relates to credit losses allowance at AES Brasil which was classified in held-for-sale assets on the Condensed Consolidated Balance Sheet as of June 30, 2024.

(3)Lease receivable credit losses allowance at Southland Energy (AES Gilbert).