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Credit Losses
12 Months Ended
Dec. 31, 2024
Credit Loss [Abstract]  
Allowance for Credit Losses ALLOWANCE FOR CREDIT LOSSES
The following table represents the rollforward of the allowance for credit losses for the periods indicated (in millions):
Twelve Months Ended 
December 31, 2024
Accounts Receivable
Mong Duong Loan Receivable (1)
Argentina Receivables
Other (2)
Total
CECL reserve balance at beginning of period$15 $25 $$17 $64 
Current period provision43 — — 15 58 
Write-offs charged against allowance(7)— — (6)(13)
Recoveries collected(2)— — (1)
Allowance derecognized due to disposal of a business
— — — (7)(7)
Foreign exchange— — (2)(3)(5)
CECL reserve balance at end of period$52 $23 $$16 $96 
Twelve Months Ended 
December 31, 2023
Accounts Receivable
Mong Duong Loan Receivable (1)
Argentina Receivables
Lease Receivable (3)
OtherTotal
CECL reserve balance at beginning of period$$28 $30 $20 $$83 
Current period provision23 — — — 17 40 
Write-offs charged against allowance(15)— — (20)— (35)
Recoveries collected(3)— — — (1)
Foreign exchange— (23)— (2)(23)
CECL reserve balance at end of period$15 $25 $$— $17 $64 
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(1)Mong Duong loan receivable credit losses allowance was classified in held-for-sale assets on the Consolidated Balance Sheets as of December 31, 2024 and 2023.
(2)Primarily relates to credit losses allowance on financing receivables in the U.S. and credit losses allowance at AES Brasil which was sold on October 31, 2024.
(3)Lease receivable credit losses allowance at Southland Energy (AES Gilbert).