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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
OPERATING ACTIVITIES:      
Net income (loss) $ 802 $ (182) $ (505)
Adjustments to net income (loss):      
Depreciation, amortization, and accretion of AROs 1,264 1,147 1,072
Emissions allowance expense 238 264 425
Loss (gain) on realized/unrealized derivatives (143) 143 127
Loss (gain) on disposal and sale of business interests (351) (134) 9
Impairment expense 374 1,079 1,715
Loss on realized/unrealized foreign currency 108 331 58
Deferred income tax expense (benefit), net of tax credit transfer proceeds allocated to AES 111 (54) 4
Other 221 130 99
Changes in operating assets and liabilities:      
(Increase) decrease in accounts receivable (361) 161 (532)
(Increase) decrease in inventory 86 306 (417)
(Increase) decrease in prepaid expenses and other current assets 269 38 (40)
(Increase) decrease in other assets (73) 5 433
Increase (decrease) in accounts payable and other current liabilities (40) (132) 470
Increase (decrease) in income tax payables, net and other tax payables (134) (109) (51)
Increase (decrease) in other liabilities 161 41 (152)
Net cash provided by operating activities 2,752 3,034 2,715
INVESTING ACTIVITIES:      
Capital expenditures (7,392) (7,724) (4,551)
Acquisitions of business interests, net of cash and restricted cash acquired (246) (542) (243)
Proceeds from the sale of business interests, net of cash and restricted cash sold 423 254 1
Sale of short-term investments 796 1,318 1,049
Purchase of short-term investments (818) (937) (1,492)
Contributions and loans to equity affiliates (103) (178) (232)
Affiliate repayments and returns of capital 6 5 149
Purchase of emissions allowances 206 268 488
Other investing (160) (116) (29)
Net cash used in investing activities (7,700) (8,188) (5,836)
FINANCING ACTIVITIES:      
Borrowings under the revolving credit facilities 6,806 7,103 5,424
Repayments under the revolving credit facilities (6,197) (6,285) (4,687)
Issuance of recourse debt 1,450 1,400 200
Repayments of recourse debt (200) (500) (29)
Issuance of non-recourse debt 7,236 4,521 5,788
Repayments of non-recourse debt (4,306) (2,495) (3,144)
Payments for financing fees (138) (142) (120)
Purchases under supplier financing arrangements 1,786 (1,858) (1,042)
Repayments of obligations under supplier financing arrangements 1,794 1,491 432
Distributions to noncontrolling interests (430) (323) (265)
Acquisitions of noncontrolling interests 0 127 602
Contributions from noncontrolling interests 222 102 233
Sales to noncontrolling interests 1,247 1,938 742
Issuance of preferred shares in subsidiaries 0 421 60
Dividends paid on AES common stock (483) (444) (422)
Payments for financed capital expenditures (127) (10) (33)
Other financing (109) (121) 3
Net cash provided by financing activities 4,963 5,405 3,758
Effect of exchange rate changes on cash, cash equivalents and restricted cash (63) (270) (56)
(Increase) decrease in cash, cash equivalents and restricted cash of held-for-sale businesses 97 (78) 22
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total 49 (97) 603
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Beginning 1,990 2,087 1,484
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Ending 2,039 1,990 2,087
SUPPLEMENTAL DISCLOSURES:      
Cash payments for interest, net of amounts capitalized 1,268 1,317 928
Cash payments for income taxes, net of refunds 345 301 271
Conversion of Stock, Amount Converted 838 0 0
SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES:      
Noncash or Part Noncash Divestiture, Amount of Consideration Received 76 239 24
Lease Obligation Incurred 456 225 134
Dividends declared but not yet paid 125 116 111
Non-cash contributions from noncontrolling interests 288 60 0
Liability derecognized due to sale of assets 273 0 0
Noncash contributions to equity affiliates from transfers of tax credits 0 52 0
Tax credit transfer proceeds allocated to noncontrolling interests $ 220 $ 0 $ 0