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Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 1,524,000,000 $ 1,426,000,000
Restricted cash 437,000,000 370,000,000
Short-term investments 79,000,000 395,000,000
Accounts receivable, net of allowance of $52 and $15, respectively 1,646,000,000 1,420,000,000
Inventory 593,000,000 712,000,000
Prepaid expenses 157,000,000 177,000,000
Other current assets, net of allowance of $0 and $14, respectively 1,533,000,000 1,387,000,000
Current held-for-sale assets 862,000,000 762,000,000
Total current assets 6,831,000,000 6,649,000,000
Property, Plant and Equipment:    
Electric generation, distribution assets and other 32,823,000,000 30,190,000,000
Accumulated depreciation (8,701,000,000) (8,602,000,000)
Property, Plant and Equipment, Net, Total 33,166,000,000 29,958,000,000
Other Assets:    
Investments in and advances to affiliates 1,124,000,000 941,000,000
Debt service reserves and other deposits 78,000,000 194,000,000
Goodwill 345,000,000 348,000,000
Other intangible assets, net of accumulated amortization of $426 and $498, respectively 1,947,000,000 2,243,000,000
Deferred Tax Assets, Tax Deferred Expense 365,000,000 396,000,000
Other noncurrent assets, net of allowance of $20 and $9, respectively 2,917,000,000 3,259,000,000
Noncurrent held-for-sale assets 633,000,000 811,000,000
Total noncurrent assets 40,575,000,000 38,150,000,000
TOTAL ASSETS 47,406,000,000 44,799,000,000
CURRENT LIABILITIES    
Accounts payable 1,654,000,000 2,199,000,000
Accrued interest 256,000,000 315,000,000
Accrued non-income taxes 249,000,000 278,000,000
Supplier financing arrangements 917,000,000 974,000,000
Accrued and other liabilities $ 1,246,000,000 $ 1,334,000,000
Short-Term Debt, Recourse Status [Extensible Enumeration] Recourse [Member] Recourse [Member]
Non-recourse debt $ 2,688,000,000 $ 3,932,000,000
Current held-for-sale liabilities 662,000,000 499,000,000
Total current liabilities 8,571,000,000 9,731,000,000
NONCURRENT LIABILITIES    
Recourse debt 4,805,000,000 4,264,000,000
Non-recourse debt 20,626,000,000 18,482,000,000
Deferred income taxes 1,490,000,000 1,245,000,000
Other noncurrent liabilities 2,881,000,000 3,114,000,000
Noncurrent held-for-sale liabilities 391,000,000 514,000,000
Total noncurrent liabilities 30,193,000,000 27,619,000,000
Commitments and Contingencies (see Notes 13 and 14)
Redeemable stock of subsidiaries 938,000,000 1,464,000,000
THE AES CORPORATION STOCKHOLDERS’ EQUITY    
Preferred stock (without par value, 50,000,000 shares authorized; 1,043,050 issued and outstanding at December 31, 2023) 0 838,000,000
Common stock ($0.01 par value, 1,200,000,000 shares authorized; 859,709,987 issued and 711,074,269 outstanding at December 31, 2024 and 819,051,591 issued and 669,693,234 outstanding at December 31, 2023) 9,000,000 8,000,000
Additional paid-in capital 5,913,000,000 6,355,000,000
Retained earnings (accumulated deficit) 293,000,000 (1,386,000,000)
Accumulated other comprehensive loss (766,000,000) (1,514,000,000)
Treasury stock, at cost (148,635,718 and 149,358,357 shares, respectively) (1,805,000,000) (1,813,000,000)
Total AES Corporation stockholders’ equity 3,644,000,000 2,488,000,000
NONCONTROLLING INTERESTS 4,060,000,000 3,497,000,000
Total equity 7,704,000,000 5,985,000,000
Liabilities and Equity, Total $ 47,406,000,000 $ 44,799,000,000