Equity (Tables)

3 Months Ended

Mar. 31, 2024

Equity [Abstract]

Components Of Accumulated Other Comprehensive Income

The following table summarizes the changes in AOCL by component, net of tax and NCI, for the three months ended March 31, 2024 (in millions):

	Foreign currency translation adjustments, net		Unrealized derivative gains (losses), net		Unfunded pension obligations, net		Change in fair value option liabilities due to credit risk, net		Total
Balance at the beginning of the period	$	(1,692)	$	204	$	(26)	$	—	$	(1,514)
Other comprehensive income (loss) before reclassifications	(38)		137		—		3		102
Amount reclassified to earnings	—		(2)		—		—		(2)
Other comprehensive income (loss)	(38)		135		—		3		100
Balance at the end of the period	$	(1,730)	$	339	$	(26)	$	3	$	(1,414)

Schedule Of Amounts Reclassified Out Of Accumulated Other Comprehensive Income

Reclassifications out of AOCL are presented in the following table. Amounts for the periods indicated are in millions and those in parentheses indicate debits to the Condensed Consolidated Statements of Operations:

AOCL Components		Three Months Ended March 31,
		2024		2023
Derivative gains (losses), net
	Non-regulated cost of sales	$	(1)	$	(1)
	Interest expense	1		3
	Gain on disposal and sale of business interests	—		33
	Foreign currency transaction losses	1		—
	Income from continuing operations before taxes and equity in earnings of affiliates	1		35
	Income tax benefit (expense)	—		(9)
	Net equity in losses of affiliates	1		15
	Net income (loss)	2		41
	Less: Net loss (income) attributable to noncontrolling interests and redeemable stock of subsidiaries	—		(1)
	Net income (loss) attributable to The AES Corporation	$	2	$	40