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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Total Revenue $ 3,422 $ 2,855 $ 6,602 $ 5,781
Cost of Product and Service Sold (2,730) (2,402) (5,270) (4,887)
Operating margin 692 453 1,332 894
General and administrative expenses (62) (49) (117) (126)
Interest expense (368) (352) (721) (694)
Interest income 65 70 130 139
Loss on extinguishment of debt (6) (5) (14) (13)
Other expense (27) (295) (85) (347)
Other income 28 31 40 38
Gain on disposal and sale of business interests 209 70 209 69
Foreign currency transaction gains (losses) (52) (28) (41) (38)
INCOME FROM CONTINUING OPERATIONS BEFORE TAXES AND EQUITY IN EARNINGS OF AFFILIATES 449 39 691 17
Income tax benefit (expense) (28) (167) 13 (184)
Net equity in losses of affiliates (34) (22) (42) (56)
NET INCOME (LOSS) 387 (150) 662 (223)
Less: Net loss attributable to noncontrolling interests and redeemable stock of subsidiaries 39 55 251 174
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION $ 426 $ (95) $ 913 $ (49)
Income (loss) from continuing operations available to The AES Corporation common stockholders $ 0.60 $ (0.13) $ 1.28 $ (0.07)
NET INCOME (LOSS) AVAILABLE TO THE AES CORPORATION COMMON STOCKHOLDERS 0.60 (0.15) 1.28 (0.08)
NET INCOME (LOSS) AVAILABLE TO THE AES CORPORATION COMMON STOCKHOLDERS $ 0.60 $ (0.15) $ 1.28 $ (0.08)
Weighted Average Number of Shares Outstanding, Diluted, Total 715 712 715 712
Increase in redemption value of redeemable stock of subsidiaries $ 0 $ (10) $ 0 $ (10)
Net Income (Loss) Available to Common Stockholders, Basic 426 (105) 913 (59)
Other non-operating expense 0 (10) 0 (10)
Asset impairment reversals (expense) $ 30 $ (154) $ 42 $ (105)
BASIC EARNINGS PER SHARE:        
NET INCOME (LOSS) AVAILABLE TO THE AES CORPORATION COMMON STOCKHOLDERS $ 0.60 $ (0.15) $ 1.28 $ (0.08)
DILUTED EARNINGS PER SHARE:        
NET INCOME (LOSS) AVAILABLE TO THE AES CORPORATION COMMON STOCKHOLDERS $ 0.60 $ (0.15) $ 1.28 $ (0.08)
Weighted Average Number of Shares Outstanding, Diluted, Total 715 712 715 712
Electric Transmission [Member]        
Total Revenue $ 995 $ 933 $ 2,109 $ 1,918
Cost of Product and Service Sold (834) (795) (1,715) (1,619)
Electricity, Generation [Member]        
Total Revenue 2,427 1,922 4,493 3,863
Cost of Product and Service Sold $ (1,896) $ (1,607) $ (3,555) $ (3,268)