XML 29 R4.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Statements of Operations - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2024
Jun. 30, 2024
Jun. 30, 2024
Sep. 30, 2024
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues $ 3,289 $ 2,942 $ 6,027 $ 9,316 $ 12,278 $ 12,668 $ 12,617
Cost of Goods and Services Sold 2,567 2,389 4,855 7,422 9,964 10,164 10,069
Operating margin 722 553 1,172 1,894 2,314 2,504 2,548
General and administrative expenses (57) (66) (141) (198) (288) (255) (207)
Interest expense (379) (389) (746) (1,125) (1,485) (1,319) (1,117)
Interest income 119 88 193 312 381 551 389
Gain (Loss) on Extinguishment of Debt (1) (9) (10) (11) (17) (63) (15)
Other expense 31 84 122 153 175 99 68
Other income 64 21 56 120 156 89 102
Gain (loss) on disposal and sale of business interests (1) 1 44 43 351 134 (9)
Goodwill impairment expense         0 (12) (777)
Asset impairment expense (74) (38) (84) (158) (374) (1,067) (763)
Foreign currency transaction gains (losses) (28) 38 30 2 31 (359) (77)
Other non-operating expense         0 0 (175)
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE TAXES AND EQUITY IN EARNINGS OF AFFILIATES 334 115 392 726 894 104 (169)
Income tax expense (103) 35 51 (52) (59) (261) (265)
Net equity in losses of affiliates (9) 3 (12) (21) (26) (32) (71)
INCOME (LOSS) FROM CONTINUING OPERATIONS 222     653 809 (189) (505)
Gain (loss) from disposal of discontinued businesses, net of income tax benefit (expense) of $(7), $7, and $0, respectively (7)     (7) (7) 7 0
NET INCOME (LOSS) 215 153 431 646 802 (182) (505)
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION 504 276 708 1,212 1,679 249 (546)
Income (loss) from continuing operations, net of tax 511     1,219 1,686 242 (546)
AMOUNTS ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS:              
Income (loss) from continuing operations, net of tax 511     1,219 1,686 242 (546)
Income (loss) from discontinued operations, net of tax (7)     (7) (7) 7 0
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION $ 504 $ 276 $ 708 $ 1,212 $ 1,679 $ 249 $ (546)
BASIC EARNINGS PER SHARE:              
Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax $ 0.72     $ 1.73 $ 2.39 $ 0.36 $ (0.82)
Income (loss) from discontinued operations attributable to The AES Corporation common stockholders, net of tax (0.01)     (0.01) (0.01) 0.01 0
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS 0.71 $ 0.40 $ 1.01 1.72 2.38 0.37 (0.82)
DILUTED EARNINGS PER SHARE:              
Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax 0.72     1.71 2.37 0.34 (0.82)
Income (loss) from discontinued operations attributable to The AES Corporation common stockholders, net of tax (0.01)     (0.01) (0.01) 0.01 0
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS $ 0.71 $ 0.39 $ 0.99 $ 1.70 $ 2.36 $ 0.35 $ (0.82)
Net Income (Loss) Attributable to Noncontrolling Interest $ 289 $ 123   $ 566 $ 877 $ 431 $ (41)
Electricity, Generation [Member]              
Revenues 2,352   $ 4,302 6,654 8,756 9,245 9,079
Cost of Goods and Services Sold 1,794 1,671 3,404 5,198 6,985 7,173 6,907
Electric Distribution [Member]              
Revenues 937   1,725 2,662 3,522 3,423 3,538
Cost of Goods and Services Sold $ 773 $ 718 $ 1,451 $ 2,224 $ 2,979 $ 2,991 $ 3,162