XML 48 R21.htm IDEA: XBRL DOCUMENT
v3.24.3

Other Income and Expense | 9 Months Ended
--- | ---
Sep. 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 September 30, |  | Nine Months Ended September 30,
|  | 2024 |  | 2023 |  | 2024 |  | 2023
Other Income | Gain on remeasurement of contingent consideration (1) | $ | 14 |  |  | $ | — |  |  | $ | 26 |  |  | $ | — |
| Indexation adjustment of receivables (2) | 12 |  |  | — |  |  | 12 |  |  | — |
| AFUDC (US Utilities) | 3 |  |  | 5 |  |  | 9 |  |  | 11 |
| Contract termination | — |  |  | — |  |  | 5 |  |  | — |
| Gain on commencement of sales-type leases | — |  |  | — |  |  | 5 |  |  | — |
| Insurance proceeds | — |  |  | — |  |  | 5 |  |  | — |
| Gain on sale and disposal of assets | — |  |  | 1 |  |  | 3 |  |  | 3 |
| Legal settlements | — |  |  | — |  |  | — |  |  | 3 |
| Other income | 35 |  |  | 6 |  |  | 55 |  |  | 19 |
| Total other income | $ | 64 |  |  | $ | 12 |  |  | $ | 120 |  |  | $ | 36 |
Other Expense | Loss on commencement of sales-type leases (3) | $ | — |  |  | $ | — |  |  | $ | 72 |  |  | $ | — |
| Loss on remeasurement of contingent consideration (1) | 21 |  |  | 1 |  |  | 27 |  |  | 9 |
| Costs related to troubled debt restructuring (4) | — |  |  | — |  |  | 20 |  |  | — |
| Loss on sale and disposal of assets | 6 |  |  | 3 |  |  | 14 |  |  | 12 |
| Non-service pension and other postretirement costs | 2 |  |  | 2 |  |  | 7 |  |  | 9 |
| Other | 2 |  |  | 6 |  |  | 13 |  |  | 8 |
| Total other expense | $ | 31 |  |  | $ | 12 |  |  | $ | 153 |  |  | $ | 38 |
_______________________________ (1) Primarily related to certain remeasurements of contingent consideration on projects acquired at AES Clean Energy. (2) Related to an indexation adjustment on receivables for regulated energy contracts impacted by the Tariff Stabilization Laws at Chile. See Note 5—Financing Receivables for further information. (3) Related to losses recognized at commencement of sales-type leases at AES Renewable Holdings. See Note 10—Leases for further information. (4) Related to legal expenses and other direct costs associated with the troubled debt restructuring at Puerto Rico. See Note 8—Debt for further information.

X
- References No definition available. + Details
Name: | us-gaap_OtherIncomeAndExpensesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 720 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/720/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Topic 610 -Publisher FASB -URI https://asc.fasb.org/610/tableOfContent + Details
Name: | us-gaap_OtherIncomeAndOtherExpenseDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration