THE AES CORPORATION AES Income Statement

The aes corporation (AES)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Discontinued Operation, Tax Effect of Discontinued Operation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenue:
Total Revenue
2,338	2,431	2,625	2,483	2,650	2,622	2,837	2,537	2,740	2,643	2,693	2,613	2,581	239	3,542	3,229	3,271	98	3,522	3,656	3,984	3,110	4,441	4,311	4,262	3,800	3,996	3,945	4,150	4,134	4,355	4,089	4,586	3,200	4,307	4,435	4,156	3,610	3,990	3,923	3,920	2,762	3,652	3,291	3,269	4,319	4,126
Cost of Sales:
Cost of Goods and Services Sold
1,831	1,871	1,924	1,981	2,064	1,976	2,166	1,937	2,084	1,998	2,053	1,990	2,024	-373	2,854	2,655	2,762	-424	2,857	2,901	3,263	2,510	3,674	3,492	3,468	3,130	3,069	3,044	3,401	3,283	3,388	3,396	3,514	21,961	-3,297	-3,443	-3,163	20,526	-3,023	-2,921	-2,959	-6,920	-2,685	-2,488	2,413	3,357	3,097
Operating margin
507	560	701	502	586	646	671	600	656	645	640	623	557	612	688	574	509	522	665	755	721	600	767	819	794	670	927	901	749	851	967	693	1,072	1,045	1,010	992	993	890	967	1,002	961	668	967	803	856	962	1,029
General and administrative expenses
38	60	41	49	46	58	43	35	56	60	52	49	54	59	40	47	48	46	45	50	55	39	45	52	51	60	53	53	54	49	64	74	87	64	90	97	95	112	98	101	80	87	81	87	84	90	99
Interest expense
233	262	250	273	265	257	255	263	281	310	297	276	287	48	354	390	342	130	365	287	363	365	390	323	373	417	358	337	370	348	396	384	416	393	418	381	338	298	381	389	381	252	406	368	380	458	469
Interest income
70	76	81	82	79	79	79	76	76	59	63	59	63	-120	110	138	117	-76	126	116	90	115	69	73	63	62	85	63	65	87	88	82	91	105	102	96	95	102	96	101	108	72	90	89	93	156	133
Loss on extinguishment of debt
-1	-43	-65	-51	-10	-1	-11	-6	-170	-24	-49	-12	17	-1	-16	0	4	-22	-20	-117	-23	-65	-47	-15	-134	-17	0	-165	-47	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expense
4	45	9	14	12	16	29	4	9	-9	36	7	24	38	13	21	8	-26	18	12	20	28	12	17	8	18	15	17	26	24	15	15	28	-40	76	35	15	149	23	48	12	37	15	30	22	18	85
Other income
45	19	78	18	30	42	10	7	13	17	16	14	73	21	18	12	13	42	12	15	15	64	12	33	12	19	25	13	68	59	7	14	18	35	57	34	16	6	17	68	9	178	36	22	222	63	150
Loss on disposal and sale of business interests
0	19	16	-3	-4	128	-21	89	788	-3	-1	-48	0	-1	0	-17	47	4	24	0	1	-	362	-	-	0	3	20	3	5	30	5	179	1	0	1	6	0	0	0	0	0	17	102	13	0	908
(Loss) gain on sale of subsidiary stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Goodwill, Impairment Loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	0	0	154	314	58	0	0	-	1,850	-	-	-	17	-	-	-	18	-	-	-	0	0	-	-	-
Asset impairment expense
6	69	0	116	0	-	74	92	-	277	2	90	168	623	79	235	159	9	231	37	8	1	15	63	12	31	16	0	48	2	43	18	10	10	130	33	0	-	296	1	-	-	6	1	-	22	25
Foreign currency transaction gains (losses)
-	-	-87	22	-	-28	5	-30	-19	28	22	12	-20	1	-20	-36	40	104	12	13	-23	102	-79	7	-19	-6	32	-18	-30	-61	-7	-101	-1	-12	-90	37	33	-14	103	-71	-51	47	-1	28	-39	-60	-85
Foreign Currency Transaction Gain, before Tax
24	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign Currency Transaction Loss, before Tax
-	-	-	-	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-operating expense
44	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	16	44	-	-	122	0	-	0	0	1	49	0	82	0	0	-	2	5	-	0	2	0	10	0	0
INCOME FROM CONTINUING OPERATIONS BEFORE TAXES AND EQUITY IN EARNINGS OF AFFILIATES
320	105	424	118	354	346	332	342	998	84	304	226	157	-258	294	-22	173	98	160	396	335	301	606	418	118	-119	450	407	310	543	-1,283	201	769	685	266	614	695	415	365	556	554	454	599	558	649	533	1,457
Income tax expense
89	50	130	57	115	199	146	132	231	744	93	86	67	-132	75	-7	96	150	43	123	96	68	92	157	54	58	126	76	83	170	172	75	268	199	68	174	215	44	102	261	186	71	203	105	174	168	318
Net equity in losses of affiliates
-2	-175	4	5	-6	8	6	14	11	38	24	2	7	12	11	7	6	8	81	1	15	-20	-6	20	25	4	15	2	4	-14	25	11	13	-13	5	-4	10	11	26	134	13	16	18	50	7	-4	20
INCOME FROM CONTINUING OPERATIONS
-	-	298	66	-	155	192	224	778	-622	235	142	97	-114	230	-8	83	-	198	274	-	213	508	281	89	-173	339	333	231	359	-1,430	137	514	473	203	436	490	382	289	429	381	399	414	503	482	361	1,159
Income (loss) from operations of discontinued businesses, net of income tax benefit (expense) of $0, $0, $0, and $0, respectively
-	-	0	0	-	0	-4	-4	-1	-53	26	8	1	158	-1	3	-9	-	5	-10	-	84	0	7	20	10	-38	-3	4	16	30	-5	6	-114	-28	-9	-7	-558	29	9	34	34	26	28	19	-2	1
Gain (loss) from disposal of discontinued businesses, net of income tax benefit (expense) of $0, $0, $0, and $0, respectively
-	-	0	1	-	-	3	196	-	-	0	0	-	-	0	-382	-	-	0	0	-	1	0	-13	-43	-41	-78	3	-36	-52	-2	75	-5	86	0	0	0	7	79	-9	-13	-	0	0	-	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
229	-120	298	67	233	181	191	416	777	-1,286	261	150	98	-693	229	-387	74	41	203	264	254	298	508	275	66	-204	223	333	199	323	-1,402	207	515	445	175	427	483	-169	397	429	402	283	440	531	501	359	1,160
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Noncontrolling Interest
-	-	88	50	-	-	90	128	-	-	-	-	125	-	-	-	-52	-	-	-	-	91	20	139	136	-3	164	166	119	145	155	67	173	1,865	-271	-245	-253	1,299	-248	-277	211	1,266	-243	-217	274	-	-
Less: Net income attributable to noncontrolling interests and redeemable stock of subsidiaries
85	-	-	-	79	-	-	-	-93	-	88	89	121	-	54	95	-52	-	23	195	112	92	20	142	124	2	152	166	117	148	166	67	174	654	306	253	259	267	283	285	215	331	255	228	283	214	257
NET INCOME ATTRIBUTABLE TO THE AES CORPORATION
144	-78	210	17	154	128	101	290	684	-1,342	152	53	-24	-949	175	-482	126	-85	180	69	142	206	488	133	-58	-206	71	167	82	175	-1,568	140	341	-209	-131	174	224	-436	114	144	187	-48	185	303	218	145	903
Less: Net loss attributable to redeemable stocks of subsidiaries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Noncontrolling Interest
-	-	0	0	-	-	0	-2	-	-5	21	8	1	-	-	-	-	-	-	-	-	1	0	3	-12	5	-12	0	-2	3	11	0	1	425	-35	-8	-6	104	-35	-8	4	31	-12	-11	9	-	-
AMOUNTS ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS:
Income from continuing operations, net of tax
144	-78	210	16	154	102	102	96	685	-683	147	53	-24	-228	176	-103	135	-	175	-	-	122	488	142	-47	-170	175	167	112	214	-1,585	70	341	146	-68	191	237	-	41	152	-	53	171	286	208	147	902
Income (loss) from discontinued operations, net of tax
-	-	0	1	-	26	-1	194	-1	-659	5	0	0	-721	-1	-379	-9	-	5	-10	-	84	0	-9	-11	-36	-104	0	-30	-39	17	70	0	-355	-63	-17	-13	-	73	-8	-	-101	14	17	10	-2	1
NET INCOME ATTRIBUTABLE TO THE AES CORPORATION
144	-78	210	17	154	128	101	290	684	-1,342	152	53	-24	-949	175	-482	126	-85	180	69	142	206	488	133	-58	-206	71	167	82	175	-1,568	140	341	-209	-131	174	224	-436	114	144	187	-48	185	303	218	145	903
BASIC EARNINGS PER SHARE:
Income from continuing operations attributable to The AES Corporation common stockholders, net of tax
0.22	-0.11	0.32	0.02	0.23	0.15	0.15	0.15	1.04	-1.03	0.22	0.08	-0.04	-0.34	0.26	-0.16	0.20	-	0.26	0.11	-	0.17	0.68	0.20	-0.07	-0.22	0.23	0.22	0.15	0.31	-2.12	0.09	0.45	0.20	-0.09	0.24	0.30	0.16	0.05	0.19	0.24	0.08	0.26	0.43	0.31	0.22	1.34
Income (loss) from discontinued operations attributable to The AES Corporation common stockholders, net of tax
-	-	0.00	0.00	-	-	0.00	0.29	-	-	0.01	0.00	-	-1.10	0.00	-0.57	-0.01	-	0.01	-0.01	-	0.12	0.00	-0.02	-0.01	-0.05	-0.14	0.00	-0.04	-0.05	0.02	0.09	0.00	-0.46	-0.08	-0.02	-0.02	-0.74	0.09	-0.01	0.03	-0.15	0.02	0.02	0.02	0.00	0.00
NET INCOME ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS
0.22	-0.11	0.32	0.02	0.23	0.19	0.15	0.44	1.04	-2.03	0.23	0.08	-0.04	-1.44	0.26	-0.73	0.19	-0.12	0.27	0.10	0.20	0.29	0.68	0.18	-0.08	-0.27	0.09	0.22	0.11	0.26	-2.10	0.18	0.45	-0.26	-0.17	0.22	0.28	-0.58	0.14	0.18	0.27	-0.07	0.28	0.45	0.33	0.22	1.34
DILUTED EARNINGS PER SHARE:
Income from continuing operations attributable to The AES Corporation common stockholders, net of tax
0.22	-0.12	0.32	0.02	0.23	0.15	0.15	0.15	1.03	-1.03	0.22	0.08	-0.04	-0.34	0.26	-0.16	0.20	-	0.26	0.11	-	0.17	0.67	0.20	-0.07	-0.22	0.23	0.22	0.15	0.32	-2.12	0.09	0.44	0.20	-0.09	0.24	0.30	0.16	0.05	0.19	0.24	0.07	0.26	0.43	0.31	0.22	1.31
Income (loss) from discontinued operations attributable to The AES Corporation common stockholders, net of tax
-	-	0.00	0.00	-	-	0.00	0.29	-	-	0.01	0.00	-	-1.10	0.00	-0.57	-0.01	-	0.00	-0.01	-	0.12	0.00	-0.02	-0.01	-0.05	-0.14	0.00	-0.04	-0.05	0.02	0.09	0.00	-0.46	-0.08	-0.02	-0.02	-0.74	0.09	-0.01	0.03	-0.15	0.02	0.02	0.02	0.00	0.00
DILUTED SHARES OUTSTANDING
668	-	667	667	667	-	665	664	663	-	663	662	659	-	662	659	663	-	682	695	706	-	740	728	724	-	747	751	749	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCOME ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS
0.22	-0.12	0.32	0.02	0.23	0.19	0.15	0.44	1.03	-2.03	0.23	0.08	-0.04	-1.44	0.26	-0.73	0.19	-0.12	0.26	0.10	0.20	0.29	0.67	0.18	-0.08	-0.27	0.09	0.22	0.11	0.27	-2.10	0.18	0.44	-0.26	-0.17	0.22	0.28	-0.58	0.14	0.18	0.27	-0.08	0.28	0.45	0.33	0.22	1.31
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)
-	-	-	-	-	-	-	-	-	-	0.12	0.00	0.12	0.23	0.11	0.00	0.11	0.21	0.10	0.10	0.00	0.15	0.05	0.05	0.00	0.09	0.00	0.08	0.00	-	0.04	0.00	-	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-
Electric Transmission [Member]
Total Revenue
712	720	799	724	785	724	777	716	722	660	853	783	813	-1,616	1,785	1,565	1,576	-2,325	1,691	1,794	2,080	1,216	2,378	2,116	2,142	1,881	2,062	1,974	2,139	2,070	2,318	2,105	2,484	1,563	2,373	2,414	2,349	2,212	2,244	2,213	2,241	2,059	2,097	1,779	1,666	2,089	2,039
Cost of Goods and Services Sold
592	611	633	605	635	617	638	617	601	562	704	681	703	-1,682	1,623	1,431	1,467	-1,623	1,458	1,432	1,807	883	1,956	1,844	1,932	1,755	1,663	1,632	1,787	1,742	1,927	1,869	2,056	11,657	-1,707	-1,852	-1,773	11,442	-1,638	-1,641	-1,666	-3,994	-1,457	-1,311	1,220	1,446	1,452
Electricity, Generation [Member]
Total Revenue
1,626	1,711	1,826	1,759	1,865	1,898	2,060	1,821	2,018	1,983	1,840	1,830	1,768	1,855	1,757	1,664	1,695	2,423	1,831	1,862	1,904	1,894	2,063	2,195	2,120	1,919	1,934	1,971	2,011	2,064	2,037	1,984	2,102	1,637	1,934	2,021	1,807	1,398	1,746	1,710	1,679	703	1,555	1,512	1,603	2,230	2,087
Cost of Goods and Services Sold
1,239	1,260	1,291	1,376	1,429	1,359	1,528	1,320	1,483	1,436	1,349	1,309	1,321	1,309	1,231	1,224	1,295	1,199	1,399	1,469	1,456	1,627	1,718	1,648	1,536	1,375	1,406	1,412	1,614	1,541	1,461	1,527	1,458	10,304	-1,590	-1,591	-1,390	9,084	-1,385	-1,280	-1,293	-2,926	-1,228	-1,177	1,193	1,911	1,645