XML 29 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Total Revenue $ 2,942 $ 3,027 $ 6,027 $ 6,266
Cost of Goods and Services Sold (2,389) (2,529) (4,855) (5,174)
Operating margin 553 498 1,172 1,092
General and administrative expenses (66) (72) (141) (127)
Interest expense (389) (310) (746) (640)
Interest income 88 131 193 254
Loss on extinguishment of debt (9) 0 (10) (1)
Other expense (84) (12) (122) (26)
Other income 21 14 56 24
Gain (loss) on disposal and sale of business interests 1 (4) 44 (4)
Asset impairment expense (230) (174) (276) (194)
Foreign currency transaction gains (losses) 38 (67) 30 (109)
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE TAXES AND EQUITY IN EARNINGS OF AFFILIATES (77) 4 200 269
Income tax benefit (expense) 35 2 51 (70)
Net equity in earnings (losses) of affiliates 3 (25) (12) (29)
NET INCOME (LOSS) (39) (19) 239 170
Less: Net loss (income) attributable to noncontrolling interests and redeemable stock of subsidiaries 224 (20) 378 (58)
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION $ 185 $ (39) $ 617 $ 112
Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax $ 0.26 $ (0.06) $ 0.88 $ 0.17
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS 0.27 (0.06) 0.88 0.17
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS $ 0.27 $ (0.06) $ 0.87 $ 0.16
Weighted Average Number of Shares Outstanding, Diluted, Total 713 669 713 712
BASIC EARNINGS PER SHARE:        
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS $ 0.27 $ (0.06) $ 0.88 $ 0.17
DILUTED EARNINGS PER SHARE:        
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS $ 0.27 $ (0.06) $ 0.87 $ 0.16
Weighted Average Number of Shares Outstanding, Diluted, Total 713 669 713 712
Electric Transmission [Member]        
Total Revenue $ 872 $ 834 $ 1,725 $ 1,786
Cost of Goods and Services Sold (718) (747) (1,451) (1,595)
Electricity, Generation [Member]        
Total Revenue 2,070 2,193 4,302 4,480
Cost of Goods and Services Sold $ (1,671) $ (1,782) $ (3,404) $ (3,579)