XML 32 R4.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Total Revenue $ 3,351 $ 3,289 $ 9,132 $ 9,316
Cost of Product and Service Sold (2,616) (2,567) (7,503) (7,422)
Operating margin 735 722 1,629 1,894
General and administrative expenses (46) (57) (172) (198)
Interest expense (348) (379) (1,042) (1,125)
Interest income 76 119 215 312
Loss on extinguishment of debt (2) (1) (15) (11)
Other expense (26) (31) (373) (153)
Other income 19 64 57 120
Gain (loss) on disposal and sale of business interests 1 (1) 70 43
Asset impairment reversals (expense) 31 74 (74) 158
Foreign currency transaction gains (losses) (19) (28) (57) 2
INCOME FROM CONTINUING OPERATIONS BEFORE TAXES AND EQUITY IN EARNINGS OF AFFILIATES 327 334 344 726
Income tax benefit (expense) 226 (103) 42 (52)
Net equity in earnings (losses) of affiliates 1 (9) (55) (21)
INCOME FROM CONTINUING OPERATIONS 554 222 331 653
Net income 517 215 294 646
Less: Net loss attributable to noncontrolling interests and redeemable stock of subsidiaries 122 289 296 566
NET INCOME ATTRIBUTABLE TO THE AES CORPORATION $ 639 $ 504 $ 590 $ 1,212
Income from continuing operations available to The AES Corporation common stockholders $ 0.94 $ 0.72 $ 0.86 $ 1.73
Loss from discontinued operations available to The AES Corporation common stockholders (0.05) (0.01) (0.05) (0.01)
Income from continuing operations available to The AES Corporation common stockholders 0.94 0.72 0.86 1.71
Loss from discontinued operations available to The AES Corporation common stockholders (0.05) (0.01) (0.05) (0.01)
NET INCOME AVAILABLE TO THE AES CORPORATION COMMON STOCKHOLDERS 0.89 0.71 0.81 1.72
NET INCOME AVAILABLE TO THE AES CORPORATION COMMON STOCKHOLDERS $ 0.89 $ 0.71 $ 0.81 $ 1.70
Weighted Average Number of Shares Outstanding, Diluted, Total 714 713 714 713
Other non-operating expense $ 32 $ 0 $ (42) $ 0
Increase in redemption value of redeemable stock of subsidiaries 5 0 (15) 0
Net Income (Loss) Available to Common Stockholders, Basic 634 504 575 1,212
Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic 671 511 612 1,219
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax $ (37) $ (7) $ (37) $ (7)
BASIC EARNINGS PER SHARE:        
NET INCOME AVAILABLE TO THE AES CORPORATION COMMON STOCKHOLDERS $ 0.89 $ 0.71 $ 0.81 $ 1.72
DILUTED EARNINGS PER SHARE:        
NET INCOME AVAILABLE TO THE AES CORPORATION COMMON STOCKHOLDERS $ 0.89 $ 0.71 $ 0.81 $ 1.70
Weighted Average Number of Shares Outstanding, Diluted, Total 714 713 714 713
Electric Transmission [Member]        
Total Revenue $ 1,082 $ 937 $ 3,000 $ 2,662
Cost of Product and Service Sold (886) (773) (2,505) (2,224)
Electricity, Generation [Member]        
Total Revenue 2,269 2,352 6,132 6,654
Cost of Product and Service Sold $ (1,730) $ (1,794) $ (4,998) $ (5,198)