THE AES CORPORATION AES Income Statement

The aes corporation (AES)

Income statement / TTM

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
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenue:
Total Revenue
9,877	10,189	10,380	10,592	10,646	10,736	10,757	10,613	10,689	10,530	8,126	8,975	9,591	10,281	10,140	10,120	10,547	11,260	14,272	15,191	15,846	16,124	16,814	16,369	16,003	15,891	16,225	16,584	16,728	17,164	16,230	16,182	16,528	16,098	16,508	16,191	15,679	15,443	14,595	14,257	13,625	12,974	14,531	15,005	0	0	0
Cost of Sales:
Cost of Goods and Services Sold
7,607	7,840	7,945	8,187	8,143	8,163	8,185	8,072	8,125	8,065	5,694	6,495	7,160	7,898	7,847	7,850	8,096	8,597	11,531	12,348	12,939	13,144	13,764	13,159	12,711	12,644	12,797	13,116	13,468	13,581	32,259	25,574	18,735	12,058	10,623	10,897	11,419	11,623	-15,823	-15,485	-15,052	-9,680	597	6,379	0	0	0
Operating margin
2,270	2,349	2,435	2,405	2,503	2,573	2,572	2,541	2,564	2,465	2,432	2,480	2,431	2,383	2,293	2,270	2,451	2,663	2,741	2,843	2,907	2,980	3,050	3,210	3,292	3,247	3,428	3,468	3,260	3,583	3,777	3,820	4,119	4,040	3,885	3,842	3,852	3,820	3,598	3,598	3,399	3,294	3,588	3,650	0	0	0
General and administrative expenses
188	196	194	196	182	192	194	203	217	215	214	202	200	194	181	186	189	196	189	189	191	187	208	216	217	220	209	220	241	274	289	315	338	346	394	402	406	391	366	349	335	339	342	360	0	0	0
Interest expense
1,018	1,050	1,045	1,050	1,040	1,056	1,109	1,151	1,164	1,170	908	965	1,079	1,134	1,216	1,227	1,124	1,145	1,380	1,405	1,441	1,451	1,503	1,471	1,485	1,482	1,413	1,451	1,498	1,544	1,589	1,611	1,608	1,530	1,435	1,398	1,406	1,449	1,403	1,428	1,407	1,406	1,612	1,675	0	0	0
Interest income
309	318	321	319	313	310	290	274	257	244	65	112	191	245	289	305	283	256	447	390	347	320	267	283	273	275	300	303	322	348	366	380	394	398	395	389	394	407	377	371	359	344	428	471	0	0	0
Loss on extinguishment of debt
-160	-169	-127	-73	-28	-188	-211	-249	-255	-68	-45	-12	0	-13	-34	-38	-155	-182	-225	-252	-150	-261	-213	-166	-316	-229	-212	-212	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expense
72	80	51	71	61	58	33	40	43	58	105	82	96	80	16	21	12	24	78	72	77	65	55	58	58	76	82	82	80	82	18	79	99	86	275	222	235	232	120	112	94	104	85	155	0	0	0
Other income
160	145	168	100	89	72	47	53	60	120	124	126	124	64	85	79	82	84	106	106	124	121	76	89	69	125	165	147	148	98	74	124	144	142	113	73	107	100	272	291	245	458	343	457	0	0	0
Loss on disposal and sale of business interests
32	28	137	100	192	984	853	873	736	-52	-50	-49	-18	29	34	58	75	29	387	0	0	-	0	-	-	26	31	58	43	219	215	185	181	8	7	7	6	0	0	17	119	132	132	1,023	0	0	0
(Loss) gain on sale of subsidiary stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Goodwill, Impairment Loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	164	468	526	526	372	1,908	0	0	-	0	-	-	-	0	-	-	-	0	-	-	-	0	0	-	-	-
Asset impairment expense
191	185	190	282	0	-	0	0	-	537	883	960	1,105	1,096	482	634	436	285	277	61	87	91	121	122	59	95	66	93	111	73	81	168	183	173	459	330	0	-	0	0	-	-	0	0	-	0	0
Foreign currency transaction gains (losses)
-	-	-97	-5	-	-72	-16	1	43	42	15	-27	-75	-15	88	120	169	106	104	13	7	11	-97	14	-11	-22	-77	-116	-199	-170	-121	-204	-66	-32	-34	159	51	-33	28	-76	23	35	-72	-156	0	0	0
Foreign Currency Transaction Gain, before Tax
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign Currency Transaction Loss, before Tax
-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-operating expense
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	-	-	0	0	-	50	50	132	131	82	84	7	0	-	0	0	-	12	12	10	0	0	0
INCOME FROM CONTINUING OPERATIONS BEFORE TAXES AND EQUITY IN EARNINGS OF AFFILIATES
967	1,001	1,242	1,150	1,374	2,018	1,756	1,728	1,612	771	429	419	171	187	543	409	827	989	1,192	1,638	1,660	1,443	1,023	867	856	1,048	1,710	-23	-229	230	372	1,921	2,334	2,260	1,990	2,089	2,031	1,890	1,929	2,163	2,165	2,260	2,339	3,197	0	0	0
Income tax expense
326	352	501	517	592	708	1,253	1,200	1,154	990	114	96	3	32	314	282	412	412	330	379	413	371	361	395	314	343	455	501	500	685	714	610	709	656	501	535	622	593	620	721	565	553	650	765	0	0	0
Net equity in losses of affiliates
-168	-172	11	13	22	39	69	87	75	71	45	32	37	36	32	102	96	105	77	-10	9	19	43	64	46	25	7	17	26	35	36	16	1	-2	22	43	181	184	189	181	97	91	71	73	0	0	0
INCOME FROM CONTINUING OPERATIONS
-	-	752	646	-	1,349	572	615	533	-148	360	355	205	191	503	547	0	-	0	0	-	1,091	705	536	588	730	1,262	-507	-703	-420	-306	1,327	1,626	1,602	1,511	1,597	1,590	1,481	1,498	1,623	1,697	1,798	1,760	2,505	0	0	0
Income (loss) from operations of discontinued businesses, net of income tax benefit (expense) of $0, $0, $0, and $0, respectively
-	-	0	-4	-	-9	-62	-32	-20	-18	193	166	161	151	-2	-11	0	-	0	0	-	111	37	-1	-11	-27	-21	47	45	47	-83	-141	-145	-158	-602	-545	-527	-486	106	103	122	107	71	46	0	0	0
Gain (loss) from disposal of discontinued businesses, net of income tax benefit (expense) of $0, $0, $0, and $0, respectively
-	-	0	0	-	-	0	0	-	-	0	0	-	-	0	0	-	-	0	0	-	-55	-97	-175	-159	-152	-163	-87	-15	16	154	156	81	86	7	86	77	64	57	-22	0	-	0	0	-	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
474	478	779	672	1,021	1,565	98	168	-98	-777	-184	-216	-753	-777	-43	-69	582	762	1,019	1,324	1,335	1,147	645	360	418	551	1,078	-547	-673	-357	-235	1,342	1,562	1,530	916	1,138	1,140	1,059	1,511	1,554	1,656	1,755	1,831	2,551	0	0	0
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Noncontrolling Interest
-	-	0	0	-	-	0	0	-	-	-	-	0	-	-	-	0	-	-	-	-	386	292	436	463	446	594	585	486	540	2,260	1,834	1,522	1,096	530	553	521	985	952	957	1,017	1,080	0	0	0	-	-
Less: Net income attributable to noncontrolling interests and redeemable stock of subsidiaries
0	-	-	-	0	-	-	-	0	-	565	531	537	-	223	192	292	-	422	419	366	378	288	420	444	437	583	597	498	555	1,061	1,201	1,387	1,472	1,085	1,062	1,094	1,050	1,114	1,086	1,029	1,097	980	982	0	0	0
NET INCOME ATTRIBUTABLE TO THE AES CORPORATION
293	303	509	400	673	1,203	-267	-216	-453	-1,161	-768	-745	-1,280	-1,130	-266	-261	290	306	597	905	969	769	357	-60	-26	114	495	-1,144	-1,171	-912	-1,296	141	175	58	-169	76	46	9	397	468	627	658	851	1,569	0	0	0
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	0	-	25	0	0	0	-	-	-	-	-	-	-	-	-8	-4	-16	-19	-9	-11	12	12	15	437	391	383	376	55	55	55	65	-8	15	12	17	0	0	0	-	-
AMOUNTS ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS:
Income from continuing operations, net of tax
292	302	482	374	454	985	200	245	202	-507	-52	-23	-179	-20	383	0	0	-	0	-	-	705	413	100	125	284	668	-1,092	-1,189	-960	-1,028	489	610	506	401	621	0	-	0	0	-	718	812	1,543	0	0	0
Income (loss) from discontinued operations, net of tax
-	-	27	26	-	218	-467	-461	-655	-654	-716	-722	-1,101	-1,110	-384	-393	0	-	0	0	-	64	-56	-160	-151	-170	-173	-52	18	48	-268	-348	-435	-448	-20	35	0	-	0	0	-	-60	39	26	0	0	0
NET INCOME ATTRIBUTABLE TO THE AES CORPORATION
293	303	509	400	673	1,203	-267	-216	-453	-1,161	-768	-745	-1,280	-1,130	-266	-261	290	306	597	905	969	769	357	-60	-26	114	495	-1,144	-1,171	-912	-1,296	141	175	58	-169	76	46	9	397	468	627	658	851	1,569	0	0	0
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
2,955	3,028	3,032	3,010	3,002	2,939	2,875	2,951	3,018	3,109	833	1,765	2,547	3,310	2,601	2,507	2,736	3,240	6,781	7,468	7,790	7,852	8,517	8,201	8,059	8,056	8,245	8,501	8,632	8,977	8,470	8,525	8,834	8,699	9,348	9,219	9,018	8,910	8,757	8,610	8,176	7,601	7,631	7,573	0	0	0
Cost of Goods and Services Sold
2,441	2,484	2,490	2,495	2,507	2,473	2,418	2,484	2,548	2,650	406	1,325	2,075	2,839	2,898	2,733	2,734	3,074	5,580	6,078	6,490	6,615	7,487	7,194	6,982	6,837	6,824	7,088	7,325	7,594	17,509	13,875	10,154	6,325	6,110	6,179	6,390	6,497	-8,939	-8,758	-8,428	-5,542	-102	2,807	0	0	0
Electricity, Generation [Member]
Total Revenue
6,922	7,161	7,348	7,582	7,644	7,797	7,882	7,662	7,671	7,421	7,293	7,210	7,044	6,971	7,539	7,613	7,811	8,020	7,491	7,723	8,056	8,272	8,297	8,168	7,944	7,835	7,980	8,083	8,096	8,187	7,760	7,657	7,694	7,399	7,160	6,972	6,661	6,533	5,838	5,647	5,449	5,373	6,900	7,432	0	0	0
Cost of Goods and Services Sold
5,166	5,356	5,455	5,692	5,636	5,690	5,767	5,588	5,577	5,415	5,288	5,170	5,085	5,059	4,949	5,117	5,362	5,523	5,951	6,270	6,449	6,529	6,277	5,965	5,729	5,807	5,973	6,028	6,143	5,987	14,750	11,699	8,581	5,733	4,513	4,718	5,029	5,126	-6,884	-6,727	-6,624	-4,138	699	3,572	0	0	0