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Equity (Tables)
6 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Components Of Accumulated Other Comprehensive Income The following table summarizes the changes in AOCL by component, net of tax and NCI, for the six months ended June 30, 2024 (in millions):
Foreign currency translation adjustments, net
Change in fair value of derivatives, net
Pension adjustments, net
Change in fair value option liabilities, net
Total
Balance at the beginning of the period $(1,692)$204 $(26)$— $(1,514)
Other comprehensive income (loss) before reclassifications(125)210 — 88 
Amount reclassified to earnings— 17 — — 17 
Other comprehensive income (loss)(125)227 — 105 
Balance at the end of the period$(1,817)$431 $(26)$$(1,409)
Schedule Of Amounts Reclassified Out Of Accumulated Other Comprehensive Income
Reclassifications out of AOCL are presented in the following table. Amounts for the periods indicated are in millions and those in parentheses indicate debits to the Condensed Consolidated Statements of Operations:
AOCL ComponentsThree Months Ended June 30,Six Months Ended June 30,
2024202320242023
Derivative gains (losses), net
Non-regulated revenue$— $(8)$— $(8)
Non-regulated cost of sales— — (1)(1)
Interest expense(31)13 (30)16 
Gain (loss) on disposal and sale of business interests— — — 33 
Foreign currency transaction gains (losses)(3)(3)
Income from continuing operations before taxes and equity in earnings of affiliates(30)(29)37 
Income tax benefit (expense)(2)(11)
Net equity in earnings (losses) of affiliates— 22 
Net income (loss)(23)(21)48 
Less: Net loss (income) attributable to noncontrolling interests and redeemable stock of subsidiaries(4)(5)
Net income (loss) attributable to The AES Corporation$(19)$$(17)$43