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Redeemable Stock of Subsidiaries Redeemable Stock of Subsidiaries (Tables)
12 Months Ended
Dec. 31, 2024
Temporary Equity Disclosure [Abstract]  
Redeemable Noncontrolling Interest [Table Text Block]
The following table is a reconciliation of changes in redeemable stock of subsidiaries (in millions):
December 31,202420232022
Balance at the beginning of the period$1,464 $1,321 $1,257 
Net loss(86)(59)(87)
Other comprehensive income73 40 
Reclassification of redeemable stock of subsidiaries to noncontrolling interests(736)— — 
Disposition of business interests
(18)— — 
Distributions to holders of redeemable stock of subsidiaries(61)(62)(64)
Acquisitions of redeemable stock of subsidiaries— — (60)
Contributions from holders of redeemable stock of subsidiaries105 163 67 
Sales of redeemable stock of subsidiaries197 100 168 
Balance at the end of the period$938 $1,464 $1,321 
The following table summarizes the Company's redeemable stock of subsidiaries balances as of the periods indicated (in millions):
December 31,20242023
IPALCO common stock$835 $773 
AES Clean Energy tax equity partnerships
65 129 
AES Indiana Pike County BESS tax equity partnership
38 — 
AES Clean Energy Development common stock— 544 
Potengi common and preferred stock— 18 
Total redeemable stock of subsidiaries$938 $1,464