THE AES CORPORATION AES Cash Flow

The aes corporation (AES)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07	Dec'06
OPERATING ACTIVITIES:
Net income
478	1,565	-777	-777	762	1,147	551	-357	1,530	1,059	1,755	2,032	357	707
Adjustments to net income:
Depreciation and amortization
1,045	1,003	1,169	1,176	1,144	1,245	1,294	1,394	1,262	1,178	1,049	1,001	942	933
Gain (Loss) on Disposition of Business
28	984	-52	29	29	358	26	219	-	-	-	-	-	-
Impairment expenses
277	355	537	1,098	602	383	661	1,940	366	-	-	-	-	-
Deferred income taxes
-8	313	672	-793	-50	47	-158	162	-199	-418	15	160	210	-10
Provisions for (reversals of) contingencies
-	-	-	48	-72	-34	312	47	-30	37	-122	52	196	173
(Gain) loss on extinguishment of debt
-	-	-	-	-	-	-229	-8	-62	-34	6	-56	-92	-148
Loss on extinguishment of debt
169	188	68	20	186	261	-	-	-	-	-	-	-	-
Gain (Loss) on Disposition of Assets
-54	-27	-43	-38	-20	20	-	-45	-20	-1,313	-57	712	-333	-471
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions
-194	-48	-46	-	-	-	-	-	-	-	-	-	-	-
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax
0	269	-611	-1,383	0	-50	-163	84	388	209	-150	7	-669	-57
Noncontrolling interest of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	4	21	-
Undistributed gain from sale of equity method investment
-	-	-	-	-	-	-	-	-	106	0	0	-	-
Other
-324	-283	-148	-180	-8	-92	-33	-33	-149	-31	99	127	-13	34
Changes in operating assets and liabilities:
(Increase) decrease in accounts receivable
-73	206	177	-237	378	520	-146	241	236	98	-62	451	306	-94
(Increase) decrease in inventory
-28	36	28	-42	26	48	-16	-24	141	-10	34	83	26	3
(Increase) decrease in prepaid expenses and other current assets
-42	22	-107	-870	-655	73	-358	-120	7	-385	-147	57	-362	115
(Increase) decrease in other assets
20	32	295	251	1,305	723	103	589	403	248	177	467	134	-147
Increase (decrease) in accounts payable and other current liabilities
-6	62	163	-619	31	-85	-758	330	322	136	-308	260	-322	-473
Increase (decrease) in income tax payables, net and other tax payables
-83	-7	53	-199	53	-89	95	-47	166	166	88	226	-140	-51
Increase (decrease) in other liabilities
-73	55	112	473	533	516	-98	335	351	257	-366	32	155	236
Net cash provided by operating activities
2,466	2,343	2,504	2,897	2,134	1,791	2,715	2,901	2,884	3,465	2,211	2,165	2,354	2,348
INVESTING ACTIVITIES:
Capital expenditures
2,405	2,121	2,177	2,345	2,308	2,016	1,988	2,108	2,430	2,310	2,520	2,850	2,425	1,460
Acquisitions of business interests, net of cash and restricted cash acquired
192	66	609	52	17	728	7	20	3,562	254	0	1,135	315	19
Proceeds from the sale of business interests, net of cash and restricted cash sold
178	2,020	108	538	138	1,807	170	639	927	595	2	1,328	1,136	898
Proceeds from the sale of assets
-	-	-	-	-	-	-	46	117	23	17	105	16	24
Sale of short-term investments
666	1,302	3,540	4,904	4,851	4,503	4,361	6,437	6,075	5,786	4,526	5,150	2,492	2,011
Purchase of short-term investments
770	1,411	3,310	5,151	4,801	4,623	4,443	5,907	5,860	5,795	4,248	5,469	2,982	2,359
Contributions and loans to equity affiliates
324	145	89	6	3	-	-	89	155	97	155	240	32	18
Increase in restricted cash, debt service reserves, and other assets
-	-	-	-	159	-419	-44	15	223	104	-302	295	28	8
Proceeds from Insurance Settlement, Investing Activities
150	17	15	-	-	-	-	-	-	-	-	-	-	-
Proceeds from performance bond
-	-	-	-	-	-	-	-	199	0	0	-	-	-
Decrease in debt service reserves and other assets
-	-	-	-	-	-	-	-	-	56	-185	100	-122	-39
Proceeds from Contribution in Aid of Construction
-	-	-	-	-	-	-	122	8	75	-	-	-	-
Loan advances
-	-	-	-	-	-	-	-	-	-	-	173	0	0
Proceeds from loan repayments
-	-	-	-	-	-	-	-	-	132	0	0	-	-
Other investing
24	101	77	24	67	18	-89	0	2	35	26	-98	-46	15
Net cash used in investing activities
-2,721	-505	-2,599	-2,136	-2,366	-656	-1,774	-895	-4,906	-2,040	-1,917	-3,581	-1,970	-907
FINANCING ACTIVITIES:
Borrowings under the revolving credit facilities
2,026	1,865	2,156	1,465	959	836	1,139	2,788	437	78	11	298	-85	72
Repayments under the revolving credit facilities
1,735	2,238	1,742	1,433	937	834	1,161	3,109	-	-	-	-	-	-
Issuance of recourse debt
0	1,000	1,025	500	575	1,525	750	0	2,050	0	503	625	2,000	0
Repayments of recourse debt
450	1,933	1,353	808	915	2,117	1,210	235	476	914	154	1,037	1,315	150
Proceeds From Issuance Of Nonrecourse Debt
5,828	1,928	3,222	2,978	4,248	4,179	4,277	1,391	3,218	1,940	1,997	2,158	2,297	3,097
Repayments of non-recourse debt
4,831	1,411	2,360	2,666	3,312	3,481	3,390	1,325	2,217	1,945	1,008	1,260	2,251	4,059
Issuance of common stock
-	-	-	-	-	-	-	-	-	1,567	0	0	-	-
Payments for financing fees
126	39	100	105	90	158	176	40	202	61	91	82	97	86
Distributions to noncontrolling interests
427	340	424	476	326	485	557	895	1,088	1,245	846	597	699	335
Contributions from noncontrolling interests and redeemable security holders
17	43	73	190	126	143	101	43	6	0	190	410	374	125
Proceeds from Issuance of Redeemable Preferred Stock
-	-	-	134	461	0	0	-	-	-	-	-	-	-
Dividends paid on AES common stock
362	344	317	290	276	144	119	30	0	0	-	-	-	-
Payments for financed capital expenditures
146	275	179	113	150	528	591	162	31	23	18	47	35	52
Purchase of treasury stock
-	-	-	79	482	308	322	301	279	99	0	143	0	0
Proceeds from Sale of Ownership Interests
-	-	-	0	154	83	109	-	-	-	-	-	-	-
Other financing
120	101	42	-44	-7	27	14	8	-6	-4	26	37	55	71
Net cash provided by financing activities
-86	-1,643	43	-747	28	-1,262	-1,136	-1,867	1,412	-706	610	362	244	-1,317
Effect of exchange rate changes on cash, cash equivalents and restricted cash
-18	-54	8	37	-52	-51	-59	5	-122	8	22	-96	69	62
(Increase) decrease in cash, cash equivalents and restricted cash of discontinued operations and held-for-sale businesses
-72	74	-128	-42	25	59	-4	132	-4	34	-	-	-	-
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
-431	215	-172	9	-231	-119	-258	276	-736	761	910	-1,150	697	186
Decrease in cash of discontinued operations and held-for-sale businesses
-	-	-	-	-	-	0	-	-	-	-16	-	-	-
SUPPLEMENTAL DISCLOSURES:
Non-recourse debt assumed in acquisition of subsidiary
-	-	-	-	-	-	-	-	-	-	-	0	647	0
Liabilities extinguished due to sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	134	30
Liabilities assumed in acquisition of subsidiary
-	-	-	-	-	-	-	-	-	-	-	49	37	0
Cash payments for interest, net of amounts capitalized
946	1,003	1,196	1,273	1,265	1,351	1,398	1,509	1,442	1,462	1,395	1,615	1,762	1,718
Cash payments for income taxes, net of refunds
363	370	377	487	388	480	570	647	971	698	484	465	621	479
Non Cash Refinancing of Non-recourse Debt
1,081	0	0	-	-	-	-	-	-	-	-	-	-	-
SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES:
Assets received upon sale of subsidiaries
-	-	-	-	-	44	0	0	-	-	-	-	-	-
Noncash or Part Noncash Acquisition, Value of Assets Acquired
0	16	0	0	18	49	34	12	20	42	111	1,097	434	0
Noncash or Part Noncash Acquisition, Debt Assumed
0	119	0	0	-	-	-	-	-	-	-	-	-	-
Conversion of Alto Maipo loans and accounts payable into equity (see Note 17)
0	0	279	0	0	-	-	-	-	-	-	-	-	-
Non-Cash Long Term Receivables
0	0	75	0	0	-	-	-	-	-	-	-	-	-
Assets acquired in noncash asset exchange
-	-	-	-	-	-	-	-	-	-	-	-	0	0
sPower [Member]
Reinvestment of Proceeds from Sale of Equity Method Investments
58	0	0	-	-	-	-	-	-	-	-	-	-	-
Distributed Energy [Member]
Noncash or Part Noncash Acquisition, Value of Assets Acquired
0	23	0	0	-	-	-	-	-	-	-	-	-	-