Subsequent Event (Notes)

12 Months Ended

Dec. 31, 2014

Subsequent Events [Abstract]

Subsequent Events

SUBSEQUENT EVENTS

Stock Repurchase Program—The Company continued stock repurchases after December 31, 2014 under its stock repurchase program. In addition, the Company's Board of Directors authorized an increase in the Program by an additional $400 million. For additional information on stock repurchases after December 31, 2014, see Note 16—Equity.

IPALCO—On December 15, 2014, the Company entered into an agreement to sell 15% of AES US Investment, Inc. for $247 million. This transaction closed on February 11, 2015. See Note 16—Equity for further information.

Maritza—In February 2015, the Company signed a Memorandum of Understanding with the Government of Bulgaria to commence negotiations on proposed amendments to the existing PPA with NEK, which includes the payment of all outstanding receivables.