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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Total Revenue $ 3,085 $ 3,239
Cost of Goods and Services Sold (2,466) (2,645)
Operating margin 619 594
General and administrative expenses (75) (55)
Interest expense (357) (330)
Interest income 105 123
Loss on extinguishment of debt (1) (1)
Other expense (38) (14)
Other income 35 10
Gain on disposal and sale of business interests 43 0
Asset impairment expense (46) (20)
Foreign currency transaction gains (losses) (8) (42)
INCOME FROM CONTINUING OPERATIONS BEFORE TAXES AND EQUITY IN EARNINGS OF AFFILIATES 277 265
Income tax benefit (expense) 16 (72)
Net equity in losses of affiliates (15) (4)
NET INCOME 278 189
Less: Net loss (income) attributable to noncontrolling interests and redeemable stock of subsidiaries 154 (38)
NET INCOME ATTRIBUTABLE TO THE AES CORPORATION $ 432 $ 151
Income from continuing operations attributable to The AES Corporation common stockholders, net of tax $ 0.63 $ 0.22
Income from continuing operations, net of tax $ 432 $ 151
Income from continuing operations attributable to The AES Corporation common stockholders, net of tax $ 0.60 $ 0.21
Earnings Per Share, Basic 0.62 0.22
Earnings Per Share, Diluted $ 0.60 $ 0.21
DILUTED SHARES OUTSTANDING 712 712
BASIC EARNINGS PER SHARE:    
NET INCOME ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS $ 0.62 $ 0.22
DILUTED EARNINGS PER SHARE:    
NET INCOME ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS $ 0.60 $ 0.21
DILUTED SHARES OUTSTANDING 712 712
Electric Transmission [Member]    
Total Revenue $ 853 $ 952
Cost of Goods and Services Sold (733) (848)
Electricity, Generation [Member]    
Total Revenue 2,232 2,287
Cost of Goods and Services Sold $ (1,733) $ (1,797)