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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS    
Cash and cash equivalents $ 1,800 $ 1,382
Restricted cash 530 691
Short-term investments 53 174
Accounts receivable, net of allowance of $37 and $39, respectively 1,934 1,683
Inventory 618 612
Prepaid expenses 101 192
Other current assets, net of allowance of $2 and $2, respectively 1,351 1,723
Current held-for-sale assets 16 45
Total current assets 6,403 6,502
Property, Plant and Equipment:    
Property, plant, and equipment, net of accumulated depreciation of $9,508 and $9,796, respectively 40,657 37,818
Other Assets:    
Investments in and advances to affiliates 885 1,004
Debt service reserves and other deposits 53 89
Goodwill 342 342
Other intangible assets, net of accumulated amortization of $508 and $479, respectively 2,033 2,040
Deferred income taxes 356 397
Loans Receivable, Fair Value Disclosure 710 755
Other noncurrent assets, net of allowance of $26 and $24, respectively 2,799 2,821
Total noncurrent assets 47,835 45,266
TOTAL ASSETS 54,238 51,768
CURRENT LIABILITIES    
Accounts payable 2,170 1,980
Accrued interest 286 268
Accrued non-income taxes 305 294
Supplier Finance Program, Obligation 826 616
Accrued and other liabilities 1,523 2,223
Current held-for-sale liabilities 6 0
Total current liabilities 8,578 8,492
NONCURRENT LIABILITIES    
Deferred income taxes 1,604 1,581
Other noncurrent liabilities 2,577 2,980
Total noncurrent liabilities 32,836 31,347
Redeemable Noncontrolling Interest, Equity, Carrying Amount 3,052 2,824
THE AES CORPORATION STOCKHOLDERS’ EQUITY    
Common Stock, Value, Issued 9 9
Additional paid-in capital 5,888 5,904
Retained earnings 1,429 641
Accumulated other comprehensive loss (603) (698)
Treasury Stock, Value (1,781) (1,793)
Total AES Corporation stockholders’ equity 4,942 4,063
NONCONTROLLING INTERESTS 4,830 5,042
Total equity 9,772 9,105
TOTAL LIABILITIES, REDEEMABLE STOCK OF SUBSIDIARIES, AND EQUITY $ 54,238 $ 51,768
Common stock, shares authorized (in shares) 1,200,000,000 1,200,000,000
Common stock, shares outstanding (in shares) 713,157,713 712,201,777
Common stock, shares issued (in shares) 859,837,679 859,836,539
Common Stock, Par or Stated Value Per Share $ 0.01 $ 0.01
Treasury Stock, Common, Shares 146,679,966 147,634,762
Recourse    
CURRENT LIABILITIES    
Short-Term Debt $ 300 $ 879
NONCURRENT LIABILITIES    
Long-Term Debt 5,800 5,105
Nonrecourse [Member]    
CURRENT LIABILITIES    
Short-Term Debt 3,162 2,232
NONCURRENT LIABILITIES    
Long-Term Debt $ 22,855 $ 21,681