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Financing Receivables | 12 Months Ended
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Dec. 31, 2024
Receivables [Abstract] |
FINANCING RECEIVABLES | FINANCING RECEIVABLES Receivables with contractual maturities of greater than one year are considered financing receivables. The following table presents long-term financing receivables, excluding lease receivables and amounts classified as held for sale, by country as of the dates indicated (in millions).
| December 31, 2024 |  | December 31, 2023
| Gross Receivable |  | Allowance |  | Net Receivable |  | Gross Receivable |  | Allowance |  | Net Receivable
U.S. | $ | 48 |  |  | $ | 15 |  |  | $ | 33 |  |  | $ | 149 |  |  | $ | — |  |  | $ | 149 |
Chile | 45 |  |  | — |  |  | 45 |  |  | 33 |  |  | — |  |  | 33 |
Other | 9 |  |  | — |  |  | 9 |  |  | 11 |  |  | — |  |  | 11 |
Total | $ | 102 |  |  | $ | 15 |  |  | $ | 87 |  |  | $ | 193 |  |  | $ | — |  |  | $ | 193 |
U.S. — AES has recorded non-current receivables pertaining to the sale of the Redondo Beach land. The anticipated collection period extends beyond December 31, 2025. As of December 31, 2023, a significant financing receivable existed for the Warrior Run PPA termination agreement where $108 million was recorded in Other non-current assets on the Consolidated Balance Sheets. On February 1, 2024, the Company executed an agreement to sell all remaining future cash flows under the termination agreement. At the time of execution, the transaction was considered a sale of future revenue under U.S. GAAP. Upon completion of the remaining performance obligation in May 2024, the corresponding receivable balance of $267 million, net of valuation allowance of $7 million, was derecognized. See Note 21—Revenue for further details regarding the Warrior Run PPA termination agreement. Chile —

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