XML 29 R8.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Statements of Changes in Equity Statement - USD ($)
$ in Millions
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Noncontrolling Interest [Member]
Preferred Stock
Treasury Stock, Common
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Treasury Stock, Common, Shares               149,400,000
Beginning Balance (Shares) at Dec. 31, 2023   819,100,000         1,000,000.0  
Beginning Balance at Dec. 31, 2023   $ 8 $ 6,355 $ (1,386) $ (1,514) $ 3,497 [1] $ 838 $ (1,813)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) $ 278   0 432 0 (65) [1]    
Total foreign currency translation adjustment, net of income tax (43)   0 0 (38) (4) [1]    
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax     0 0 135 27 [1]    
Total pension adjustments, net of income tax 0              
Accumulated Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, after Tax 3       3      
OTHER COMPREHENSIVE INCOME (LOSS) 158       100 23 [1]    
Fair Value Adjustment     (6) [2] 0 [2] 0 0 [2]    
Reclassifications of Temporary to Permanent Equity 0              
Disposition of business interests [1]           (111)    
Distributions to noncontrolling interests     0 0 0 (13) [1]    
Contributions from noncontrolling interests $ 26              
Contributions from noncontrolling interests     0 0 0 1 [1]    
Sales to noncontrolling interests     1 0 0 48 [1]    
Stock Issued During Period, Shares, Conversion of Units   (40,500,000)         (1,000,000.0)  
Stock Issued During Period, Value, Conversion of Units   $ (1)         $ (838)  
Conversion of Stock, Amount Issued     838          
Adjustments to Additional Paid in Capital, Dividends in Excess of Retained Earnings     (116)          
Issuance and exercise of stock-based compensation benefit plans (Shares)   0           (600,000)
Issuance and exercise of stock-based compensation benefit plans, net of income tax   $ 0 (7) 0 0 0 [1]   $ (7)
Common Stock, Dividends, Per Share, Declared $ 0.1725              
Stock Repurchased During Period, Shares               100,000
Ending Balance (Shares) at Mar. 31, 2024   859,600,000         0  
Ending Balance at Mar. 31, 2024   $ 9 7,068 (954) (1,414) 3,380 [1] $ 0 $ (1,809)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Stock Issued During period     3         $ (3)
Preferred Stock, Shares Issued 1,043,050              
Preferred Stock, Value, Issued $ 838              
Treasury Stock, Common, Shares               148,900,000
Accumulated Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, after Tax 3              
Stockholders' Equity Attributable to Parent 3,644              
Treasury Stock, Value (1,805)              
Stockholders' Equity Attributable to Parent $ 293              
Treasury Stock, Common, Shares 148,635,718             148,600,000
Beginning Balance (Shares) at Dec. 31, 2024   859,700,000         0  
Beginning Balance at Dec. 31, 2024 $ 7,704 $ 9 5,913 293 (766) 4,060 [1] $ 0 $ (1,805)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) (73)   0 46 0 (149) [1]    
Total foreign currency translation adjustment, net of income tax 30   0 0 30 0 [1]    
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax     0 0 (113) (8) [1]    
Total pension adjustments, net of income tax (1)   0 0 1 0    
Accumulated Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, after Tax 0              
OTHER COMPREHENSIVE INCOME (LOSS) (90)       (82) (8) [1]    
Reclassifications of Temporary to Permanent Equity (38)         38    
Distributions to noncontrolling interests     0 0 0 (57) [1]    
Contributions from noncontrolling interests $ 73              
Contributions from noncontrolling interests     0 0 0 114 [1]    
Sales to noncontrolling interests     (15) 0 0 250 [1]    
Noncontrolling Interest, Increase from Issuance of Preferred Shares of Subsidiaries     0 0 0 9    
Adjustments to Additional Paid in Capital, Dividends in Excess of Retained Earnings     0 (125) 0 0 [1]    
Issuance and exercise of stock-based compensation benefit plans, net of income tax   $ 0 (10) 0 0 0 [1]   $ (10)
Common Stock, Dividends, Per Share, Declared $ 0.17595              
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period   0           (800,000)
Ending Balance (Shares) at Mar. 31, 2025   859,700,000         0  
Ending Balance at Mar. 31, 2025 $ 7,725 $ 9 $ 5,888 $ 214 $ (848) $ 4,257 [1] $ 0 $ (1,795)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Accumulated Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, after Tax 3              
Stockholders' Equity Attributable to Parent 3,468              
Treasury Stock, Value (1,795)              
Stockholders' Equity Attributable to Parent $ 214              
Treasury Stock, Common, Shares 147,802,950             147,800,000
[1] Excludes redeemable stock of subsidiaries. See Note 11—Redeemable Stock of Subsidiaries.
(2) Related to the reclassification of the Pike County BESS tax equity partnership from Redeemable stock of subsidiaries to Noncontrolling interests. See Note 11—Redeemable Stock of Subsidiaries.
[2] Adjustment to record the redeemable stock of a tax equity partnership at AES Clean Energy Development at redemption value.