The aes corporation (AES)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Dec'08Dec'07
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents

-

-

-

-

-

2,003

-

-

-

1,788

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets [Abstract]
CURRENT ASSETS
Cash and Cash Equivalents, at Carrying Value

1,544

1,029

1,145

1,169

1,426

1,166

1,187

1,140

1,212

949

1,398

1,213

1,588

1,244

1,325

1,265

1,185

1,257

1,437

1,022

1,337

1,539

1,670

1,515

1,413

1,642

2,031

1,611

2,301

1,900

1,943

1,727

1,688

1,695

3,392

3,624

2,008

2,522

2,848

2,891

3,392

1,780

2,020

1,735

881

2,043

Restricted Cash and Cash Equivalents, Current

426

336

455

438

519

370

441

379

415

274

437

313

218

277

291

250

294

295

341

308

318

283

487

482

589

597

620

765

760

734

735

574

448

477

795

530

512

387

609

572

565

339

510

444

722

522

Short-term investments

328

400

334

410

378

313

401

856

617

424

563

740

634

530

596

544

628

469

453

439

582

709

686

424

621

668

898

703

851

693

873

883

1,740

1,356

1,053

1,231

1,713

1,718

1,645

1,716

1,731

1,648

1,357

1,152

1,382

1,306

Accounts Receivable, after Allowance for Credit Loss, Current

1,446

1,479

1,503

1,538

1,564

1,595

1,510

1,423

1,498

1,463

2,357

2,173

2,134

1,421

2,081

2,087

2,581

2,302

2,477

2,877

2,807

2,709

2,755

2,689

2,586

2,363

2,326

2,417

2,633

2,539

2,671

2,628

2,735

2,522

2,364

2,614

2,489

2,244

2,349

2,184

2,244

2,078

2,387

2,293

2,064

2,252

Inventory, Net

461

487

495

496

579

577

562

583

569

562

660

633

645

622

637

655

682

671

670

734

707

702

741

710

687

684

711

763

755

719

796

826

799

775

668

654

634

549

611

551

575

479

578

577

547

476

Receivable from affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28

25

7

27

32

16

15

24

28

21

31

56

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

155

213

173

275

148

190

181

166

172

207

231

199

431

433

480

454

278

298

310

300

244

257

235

210

158

201

178

283

Prepaid expenses

106

80

72

98

111

130

97

116

66

62

89

83

118

72

92

91

116

106

121

115

129

175

208

177

199

179

199

187

256

222

226

159

238

157

190

180

203

204

190

172

221

152

274

350

175

137

Other Assets, Current

843

802

856

811

703

807

706

682

703

630

1,080

1,061

1,040

657

1,266

1,441

1,461

1,318

1,514

1,799

1,562

1,434

1,192

1,220

1,252

976

836

1,157

1,403

1,072

1,009

1,087

1,394

1,560

1,128

855

741

1,024

1,142

1,086

1,215

1,534

1,416

1,249

1,102

1,076

Current held-for-sale assets

597

618

610

557

575

57

111

108

358

2,034

76

102

24

1,593

1,006

1,048

0

424

52

8

27

0

0

0

461

464

458

0

68

387

0

0

37

233

171

162

129

471

98

119

267

543

-

-

234

185

Total current assets

5,751

5,231

5,470

5,517

5,855

5,015

5,015

5,287

5,438

6,398

6,660

6,318

6,401

6,416

7,294

7,381

6,947

6,842

7,220

7,515

7,642

7,826

7,887

7,407

7,989

7,739

8,251

7,810

9,258

8,465

8,684

8,317

9,559

9,229

10,067

10,173

8,746

9,446

9,768

9,564

10,460

8,787

8,728

8,022

7,316

8,336

NONCURRENT ASSETS
Property, Plant and Equipment:
Land

418

447

442

453

450

449

470

480

502

502

798

776

795

518

780

785

751

702

704

801

780

870

903

958

942

922

952

957

1,019

1,005

1,036

1,037

1,113

1,089

1,029

1,184

1,147

1,119

1,104

1,083

1,095

1,100

1,092

1,024

854

1,041

Electric generation, distribution assets and other

26,972

25,383

25,148

24,824

24,844

25,242

25,055

24,269

24,311

24,119

29,916

28,697

28,690

24,911

29,087

28,416

28,997

27,282

28,307

30,136

29,377

30,459

30,670

31,321

31,151

30,596

30,835

32,058

32,210

30,278

31,429

31,016

31,774

31,068

29,945

31,265

28,389

25,687

28,800

28,299

29,057

25,972

27,467

26,427

24,002

24,682

Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment

8,597

8,505

8,599

8,440

8,273

8,227

8,033

7,905

8,168

7,942

10,199

9,841

9,777

7,919

9,884

9,705

9,768

8,939

9,264

9,996

9,652

9,962

9,981

10,095

9,943

9,604

9,531

9,747

9,745

9,145

9,562

9,274

9,290

8,944

9,257

9,727

9,366

8,447

9,151

9,099

9,205

8,576

8,799

8,368

7,385

7,519

Construction in progress

3,777

5,249

4,862

4,728

4,207

3,932

3,616

3,875

4,043

3,617

3,841

3,560

3,440

2,905

3,300

3,539

3,436

2,977

2,716

2,499

2,343

3,784

3,475

3,444

3,203

3,198

2,826

2,600

2,528

2,497

2,581

2,318

1,992

1,788

2,096

2,825

4,853

4,434

4,222

3,803

3,880

4,593

4,466

3,971

3,408

1,770

Property, plant and equipment, net

22,570

22,574

21,853

21,565

21,228

21,396

21,108

20,719

20,688

20,296

24,356

23,192

23,148

20,415

23,283

23,035

23,416

22,022

22,463

23,440

22,848

25,151

25,067

25,628

25,353

25,112

25,082

25,868

26,012

24,635

25,484

25,097

25,589

25,001

23,813

25,547

25,023

22,793

24,975

24,086

24,827

23,089

24,226

23,054

20,879

19,974

Other Assets:
Deferred financing costs, net of accumulated amortization of $0 and $0, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

371

-

382

374

389

376

391

392

364

352

Investments in and advances to affiliates

938

966

1,209

1,086

1,147

1,114

1,277

1,327

1,282

1,197

1,164

683

674

621

626

615

611

610

601

562

586

537

704

1,000

1,030

1,010

1,025

1,177

1,195

1,196

1,334

1,392

1,430

1,422

1,401

1,542

1,544

1,320

1,313

1,227

1,175

1,157

1,109

1,043

901

730

Debt service reserves and other deposits

240

207

241

346

430

467

494

623

541

565

786

578

686

438

644

700

415

555

339

403

406

411

480

549

586

541

485

495

593

510

561

800

880

876

909

797

688

613

606

603

695

557

655

655

634

568

Goodwill

1,059

1,059

1,059

1,059

1,059

1,059

1,059

1,059

1,059

1,059

1,157

1,157

1,157

1,157

1,157

1,157

1,157

1,157

1,473

1,473

1,465

1,458

1,468

1,468

1,468

1,622

1,941

1,999

1,999

1,999

1,967

3,801

3,732

3,820

1,246

1,267

1,269

1,271

1,276

1,293

1,297

1,299

1,423

1,430

1,421

1,416

Other intangible assets, net of accumulated amortization of $310 and $307, respectively

459

469

462

460

467

436

400

341

362

366

474

397

353

287

227

219

209

340

251

241

261

281

283

299

293

297

325

408

417

324

462

507

550

545

493

527

515

448

610

574

508

333

487

486

500

466

Deferred Income Tax Assets, Net

197

156

135

122

108

97

88

83

94

130

760

757

778

227

503

483

599

410

503

571

597

662

693

656

680

666

821

896

986

940

671

658

736

715

585

661

627

589

689

604

639

586

674

633

567

647

Accounts and Financing Receivable, after Allowance for Credit Loss, Noncurrent

1,300

1,351

-

-

-

0

0

0

0

1,360

1,382

1,404

1,425

1,445

1,465

1,486

1,505

1,543

1,554

1,538

1,520

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financing Receivable, before Allowance for Credit Loss, Noncurrent

-

-

1,400

1,400

1,400

1,423

1,441

1,458

1,474

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Assets, Noncurrent

1,628

1,635

1,624

1,695

1,771

1,514

1,607

1,700

1,635

1,741

2,095

1,983

1,886

1,775

1,909

1,898

2,041

2,109

2,596

2,691

2,520

2,640

2,401

2,426

2,445

2,170

2,169

2,183

2,153

2,188

2,168

2,177

2,273

2,346

2,133

2,057

1,618

1,915

1,634

1,533

1,556

1,523

1,568

1,703

1,694

1,698

Noncurrent assets of held-for-sale businesses

-

-

-

-

-

-

-

-

-

-

-

-

-

3,343

0

0

-

882

-

150

152

-

0

0

1,129

1,254

1,151

0

105

1,573

25

0

682

1,392

236

64

99

2,116

527

843

336

1,828

-

-

530

266

Total other assets

5,821

5,843

6,100

6,156

6,388

6,110

6,366

6,591

6,447

6,418

7,818

6,959

6,959

9,293

6,531

6,558

6,537

7,606

7,317

7,629

7,507

5,989

6,029

6,398

7,631

7,560

7,917

7,158

7,448

8,730

7,188

9,335

10,283

11,116

7,003

6,915

6,731

8,272

7,037

7,051

6,595

7,659

6,307

6,342

6,611

6,143

Assets

34,142

33,648

33,423

33,238

33,471

32,521

32,489

32,597

32,573

33,112

38,834

36,469

36,508

36,124

37,108

36,974

36,900

36,470

37,000

38,584

37,997

38,966

38,983

39,433

40,973

40,411

41,250

40,836

42,718

41,830

41,356

42,749

45,431

45,346

40,883

42,635

40,500

40,511

41,780

40,701

41,882

39,535

39,261

37,418

34,806

34,453

LIABILITIES AND EQUITY
CURRENT LIABILITIES
Accounts payable

1,069

1,311

1,237

1,234

1,224

1,329

1,299

1,506

1,317

1,371

2,091

1,684

1,657

1,238

1,426

1,434

1,739

1,571

1,729

1,994

2,051

2,278

2,203

2,130

2,632

2,259

2,156

2,622

2,951

2,545

2,327

2,171

2,014

2,008

1,792

1,892

1,873

1,988

-

-

-

1,826

1,223

1,038

1,033

1,067

Accounts payable and other accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,523

4,067

4,057

-

-

-

-

-

Accrued interest

247

201

236

194

265

191

272

200

289

228

353

225

365

216

368

249

333

236

341

244

346

260

402

272

395

263

396

275

415

287

426

320

433

327

395

286

383

252

375

259

351

260

358

270

244

255

Accrued non-income taxes

287

253

230

212

271

250

-

-

-

252

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued and other liabilities

1,168

1,016

951

897

914

962

1,151

1,036

1,182

980

2,020

1,893

2,043

1,117

2,026

2,082

2,280

2,286

2,134

2,317

2,345

2,326

2,121

2,170

1,926

2,114

2,116

2,335

2,251

2,347

2,438

2,250

3,114

3,389

2,619

2,452

2,273

2,451

-

-

-

2,296

3,086

2,705

2,640

2,626

Non-recourse debt - current

1,725

1,868

1,882

1,087

1,265

1,659

-

-

-

2,164

-

-

-

1,052

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,591

1,433

1,863

-

1,357

1,384

917

1,142

Recourse Debt Current

498

5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

151

0

0

8

118

118

118

507

11

11

11

21

305

11

11

200

463

464

471

473

214

214

0

154

223

Non-recourse debt, includes $368 and $1,012, respectively, related to variable interest entities

1,725

1,868

1,882

1,087

1,265

1,659

1,308

1,235

2,025

2,164

2,257

2,572

1,137

1,052

1,091

1,610

2,220

2,172

2,300

1,999

1,831

1,982

2,347

2,095

2,067

2,062

2,385

2,923

3,108

2,494

2,324

2,287

2,194

2,123

2,163

2,320

2,610

2,503

1,591

1,433

1,863

1,707

1,357

1,384

917

1,142

Current held-for-sale liabilities

438

442

455

418

418

8

17

17

63

1,033

15

37

41

1,654

802

841

0

661

30

9

9

0

0

0

812

837

838

0

54

635

0

0

202

286

261

232

212

408

76

134

150

318

-

-

194

169

Total current liabilities

5,432

5,096

4,991

4,042

4,357

4,399

4,047

3,994

4,876

6,028

6,736

6,411

5,243

5,277

5,713

6,216

6,572

6,926

6,534

6,563

6,582

6,997

7,073

6,667

7,840

7,653

8,009

8,273

9,286

8,319

7,526

7,039

7,978

8,438

7,241

7,193

7,551

8,065

7,029

6,364

6,894

6,621

6,238

5,397

5,182

5,482

NONCURRENT LIABILITIES
Recourse debt

3,507

3,391

3,556

3,915

3,895

3,650

3,815

4,126

4,060

4,625

4,954

4,380

4,500

4,671

4,944

4,909

4,924

4,966

5,107

5,014

4,945

5,107

5,347

5,783

5,675

5,551

5,552

5,553

5,454

5,951

6,176

6,178

6,179

6,180

6,181

6,182

4,150

4,149

4,438

4,637

5,035

5,301

5,298

5,515

4,994

5,332

Non Recourse Debt Non Current

15,360

14,914

14,323

14,753

14,550

13,986

14,273

14,230

13,601

13,176

14,822

13,815

14,697

13,731

14,796

14,261

13,413

12,943

13,291

13,750

13,625

13,618

13,372

13,845

13,735

13,318

12,981

12,476

12,815

12,265

13,049

13,250

13,841

13,412

12,523

12,922

12,492

11,084

13,482

13,131

13,271

12,121

12,791

12,321

11,625

11,293

Deferred income taxes

1,105

1,213

1,198

1,233

1,302

1,280

1,214

1,165

1,207

1,006

742

746

758

804

1,042

1,036

1,118

1,090

1,185

1,281

1,223

1,277

1,165

1,114

1,145

1,119

1,116

1,195

1,239

1,179

1,417

1,354

1,445

1,321

621

891

907

892

1,249

1,208

1,130

1,090

1,316

1,237

1,115

1,187

Pension and other postretirement liabilities

-

-

-

-

-

-

-

-

189

-

1,387

1,347

1,411

237

1,035

1,054

985

919

978

1,183

1,142

1,342

1,224

1,332

1,290

1,310

2,138

2,203

2,389

2,418

1,555

1,593

1,755

1,729

1,310

1,549

1,523

1,505

1,306

1,257

1,285

1,317

1,158

1,110

1,017

921

Other noncurrent liabilities

3,148

2,917

3,083

2,931

2,828

2,723

2,552

2,562

2,264

2,595

3,047

2,905

2,996

2,327

3,035

3,072

3,032

2,794

2,906

3,110

3,060

3,222

3,158

3,106

3,191

3,299

3,042

3,251

3,713

3,523

3,719

3,756

3,132

3,111

2,978

2,938

2,713

2,532

3,025

2,742

3,253

3,095

3,835

3,547

3,357

3,754

Noncurrent liabilities of discontinued operations and held-for-sale businesses

-

-

-

-

-

-

-

-

-

-

-

-

-

2,595

0

0

-

123

-

61

62

-

0

0

378

432

368

0

3

583

0

0

552

1,348

112

63

62

1,811

408

643

418

1,050

-

-

429

79

Total noncurrent liabilities

23,120

22,435

22,160

22,832

22,575

21,639

21,854

22,083

21,321

21,402

24,952

23,193

24,362

24,365

24,852

24,332

23,472

22,835

23,467

24,399

24,057

24,566

24,266

25,180

25,414

25,029

25,197

24,678

25,613

25,919

25,916

26,131

26,904

27,101

23,725

24,545

21,847

21,973

23,908

23,618

24,392

23,974

24,398

23,730

22,537

22,566

Commitments and Contingencies (see Note 9)

-

-

-

-

-

-

-

-

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

Temporary Equity, Carrying Amount, Including Portion Attributable to Noncontrolling Interests

873

888

886

896

890

879

879

863

851

837

967

791

774

782

775

753

672

538

538

538

323

78

78

78

78

78

78

78

78

78

78

78

78

78

60

60

60

60

60

65

60

60

60

60

60

60

EQUITY
THE AES CORPORATION STOCKHOLDERS’ EQUITY
Common stock ($0.01 par value, 1,200,000,000 shares authorized; 817,964,353 issued and 664,907,475 outstanding at March 31, 2020 and 817,843,916 issued and 663,952,656 outstanding at December 31, 2019)

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

-

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

7

7

7

7

7

Additional paid-in capital

7,664

7,776

7,948

8,038

8,039

8,154

8,328

8,402

8,397

8,501

8,670

8,732

8,731

8,592

8,645

8,714

8,706

-

8,710

8,705

8,530

8,409

8,355

8,396

8,424

8,443

8,497

8,481

8,527

8,525

8,540

8,530

8,516

8,507

8,499

8,471

8,460

8,444

8,462

8,457

8,447

6,868

6,859

6,845

6,832

6,776

Retained Earnings (Accumulated Deficit)

-583

-692

-614

-824

-839

-1,005

-1,133

-1,234

-1,525

-2,276

-934

-1,086

-1,139

-1,146

-114

-284

198

-

370

258

423

512

413

-75

-208

-150

56

-15

-182

-264

-439

1,159

1,019

678

887

1,018

844

620

1,056

942

791

650

698

513

-8

-1,241

Accumulated Other Comprehensive Income (Loss), Net of Tax

-2,692

-2,229

-2,335

-2,147

-2,107

-2,071

-2,020

-1,988

-1,808

-1,876

-2,666

-2,741

-2,717

-2,756

-3,753

-3,768

-3,807

-3,883

-3,758

-3,445

-3,549

-3,286

-3,176

-3,023

-2,967

-2,882

-2,918

-2,939

-2,952

-2,920

-2,905

-2,865

-2,575

-2,758

-2,727

-2,278

-2,248

-2,383

-2,504

-2,602

-2,881

-2,724

-2,855

-2,847

-3,018

-2,378

Treasury stock, at cost (153,056,878 and 153,891,260 shares at March 31, 2020 and December 31, 2019, respectively)

1,858

1,867

1,867

1,867

1,867

1,878

1,878

1,879

1,879

1,892

1,892

1,892

1,892

1,904

1,904

1,904

1,904

-

1,763

1,662

1,390

1,371

1,203

1,095

1,064

1,089

830

786

768

780

780

709

479

489

434

308

272

216

132

118

118

126

126

126

144

0

Stockholders' Equity Attributable to Parent

2,539

2,996

3,140

3,208

3,234

3,208

3,305

3,309

3,193

2,465

3,186

3,021

2,991

2,794

2,882

2,766

3,201

-

3,567

3,864

4,022

4,272

4,397

4,211

4,193

4,330

4,813

4,749

4,633

4,569

4,424

6,123

6,489

5,946

6,233

6,911

6,792

6,473

6,890

6,687

6,247

4,675

4,583

4,392

3,669

3,164

NONCONTROLLING INTERESTS

2,178

2,233

2,246

2,260

2,415

2,396

2,404

2,348

2,332

2,380

2,993

3,053

3,138

2,906

2,886

2,907

2,983

3,022

2,894

3,220

3,013

3,053

3,169

3,297

3,448

3,321

3,153

3,058

3,108

2,945

3,412

3,378

3,982

3,783

3,624

3,926

4,250

3,940

3,893

3,967

4,289

4,205

3,982

3,839

3,358

3,181

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

4,717

5,229

5,386

5,468

5,649

5,604

5,709

5,657

5,525

4,845

6,179

6,074

6,129

5,700

5,768

5,673

6,184

6,171

6,461

7,084

7,035

7,325

7,566

7,508

7,641

7,651

7,966

7,807

7,741

7,514

7,836

9,501

10,471

9,729

9,857

10,837

11,042

10,413

10,783

10,654

10,536

8,880

8,565

8,231

7,027

6,345

TOTAL LIABILITIES AND EQUITY

34,142

33,648

33,423

33,238

33,471

32,521

32,489

32,597

32,573

33,112

38,834

36,469

36,508

36,124

37,108

36,974

36,900

36,470

37,000

38,584

37,997

38,966

38,983

39,433

40,973

40,411

41,250

40,836

42,718

41,830

41,356

42,749

45,431

45,346

40,883

42,635

40,500

40,511

41,780

40,701

41,882

39,535

39,261

37,418

34,806

34,453