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Allowance for Credit Losses | 9 Months Ended
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Sep. 30, 2025
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):
Nine Months Ended September 30, 2025 | Accounts Receivable |  |  |  | Financing Receivables |  |  |  | Other (1) |  | Total |  |  |  |  |  |  |
CECL reserve balance at beginning of period | $ | 52 |  |  |  |  | $ | 36 |  |  |  |  | $ | 8 |  |  | $ | 96 |  |  |  |  |  |  |  |
Current period provision | 38 |  |  |  |  | 3 |  |  |  |  | — |  |  | 41 |  |  |  |  |  |  |  |
Write-offs charged against allowance | (43) |  |  |  |  | — |  |  |  |  | — |  |  | (43) |  |  |  |  |  |  |  |
Recoveries collected | (4) |  |  |  |  | (1) |  |  |  |  | (1) |  |  | (6) |  |  |  |  |  |  |  |
Foreign exchange | — |  |  |  |  | — |  |  |  |  | (1) |  |  | (1) |  |  |  |  |  |  |  |
CECL reserve balance at end of period | $ | 43 |  |  |  |  | $ | 38 |  |  |  |  | $ | 6 |  |  | $ | 87 |  |  |  |  |  |  |  |
Nine Months Ended September 30, 2024 | Accounts Receivable |  |  |  | Financing Receivables |  | Other (2) |  | Total |  |  |  |  |  |  |  |  |  |
CECL reserve balance at beginning of period | $ | 15 |  |  |  |  | $ | 2 |  |  | $ | 47 |  |  | $ | 64 |  |  |  |  |  |  |  |  |  |  |
Current period provision | 22 |  |  |  |  | 3 |  |  | 2 |  |  | 27 |  |  |  |  |  |  |  |  |  |  |
Write-offs charged against allowance | (5) |  |  |  |  | — |  |  | (8) |  |  | (13) |  |  |  |  |  |  |  |  |  |  |
Recoveries collected | 1 |  |  |  |  | — |  |  | (2) |  |  | (1) |  |  |  |  |  |  |  |  |  |  |
Foreign exchange | (1) |  |  |  |  | — |  |  | (2) |  |  | (3) |  |  |  |  |  |  |  |  |  |  |
CECL reserve balance at end of period | $ | 32 |  |  |  |  | $ | 5 |  |  | $ | 37 |  |  | $ | 74 |  |  |  |  |  |  |  |  |  |  |
_____________________________ (1)Primarily relates to credit losses allowances on Argentina receivables as of September 30, 2025. (2)Primarily relates to credit losses allowance classified in Current held-for-sale asset s and Noncurrent held-for-sale assets on the Condensed Consolidated Balance Sheet as of September 30, 2024. Beginning in 2024 and continuing into 2025, the current period provision and allowance for credit losses on customer accounts receivable has increased due to a temporary pause of customer disconnections and certain collection efforts and write-off processes after the implementation of customer billing system upgrades at our utilities in 2023 and 2024. This has resulted in higher past due customer receivables as of September 30, 2025. AES Indiana and AES Ohio reinstituted customer disconnections and write-off processes in March and June 2025, respectively. As a result, $42 million of the $43 million in write-offs charged against allowance for the nine months ended September 30, 2025 were related to AES Indiana and AES Ohio.

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- Definition The entire disclosure for allowance for credit losses. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 310 -Publisher FASB -URI https://asc.fasb.org/310/tableOfContent + Details
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- References No definition available. + Details
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