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Discontinued Operations and Held For Sale Businesses
 6 Months Ended
Jun. 30, 2013
Discontinued Operations and Disposal Groups [Abstract]  
DISCONTINUED OPERATIONS AND HELD FOR SALE BUSINESSES
DISCONTINUED OPERATIONS AND HELD FOR SALE BUSINESSES
In addition to the businesses reported as discontinued operations in the 2012 Form 10-K, discontinued operations include the results of our Ukraine Utility businesses sold in April 2013. The following table summarizes the revenue, income from operations, income tax expense, impairment and loss on disposal of all discontinued operations for the three and six months ended June 30, 2013 and 2012:
 
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
 
2013
 
2012
 
2013
 
2012
 
 
(in millions)
Revenue
 
$
40

 
$
113

 
$
187

 
$
304

Income (loss) from operations of discontinued businesses, before income tax
 
$
1

 
$
(2
)
 
$
14

 
$
6

Income tax benefit (expense)
 
(1
)
 
(3
)
 
—

 
(5
)
Income (loss) from operations of discontinued businesses, after income tax
 
$
—

 
$
(5
)
 
$
14

 
$
1

Net loss (gain) from disposal and impairments of discontinued businesses, after income tax
 
$
3

 
$
75

 
$
(33
)
 
$
70


Ukraine Utilities sale — On April 29, 2013, the Company completed the sale of its two utility businesses in Ukraine to VS Energy International and received net proceeds of $113 million after working capital adjustments. The Company sold its 89.1% equity interest in AES Kyivoblenergo, which serves 881,000 customers in the Kiev region, and its 84.6% percent equity interest in AES Rivneoblenergo, which serves 412,000 customers in the Rivne region. The Company had recognized an impairment of $38 million upon fair value measurement during the first quarter of 2013. In the second quarter of 2013, an after- tax gain of $3 million was recognized upon the completion of the sale transaction. These businesses were previously reported in “Corporate and Other.”