2024 Q1 Form 10-K Financial Statement

#000087476124000011 Filed on February 26, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $3.085B $2.968B $12.67B
YoY Change -4.75% -3.01% 0.4%
Cost Of Revenue $2.466B $2.474B $10.16B
YoY Change -6.77% -0.92% 0.94%
Gross Profit $619.0M $494.0M $2.504B
YoY Change 4.21% -12.26% -1.73%
Gross Profit Margin 20.06% 16.64% 19.77%
Selling, General & Admin $75.00M $64.00M $255.0M
YoY Change 36.36% 10.34% 23.19%
% of Gross Profit 12.12% 12.96% 10.18%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $312.0M $292.0M $1.045B
YoY Change 14.29% 15.42% 6.42%
% of Gross Profit 50.4% 59.11% 41.73%
Operating Expenses $57.00M $46.00M $223.0M
YoY Change -1.72% 24.32% 13.2%
Operating Profit $562.0M $448.0M $2.281B
YoY Change 4.85% -14.83% -2.98%
Interest Expense $357.0M -$350.0M $1.319B
YoY Change 8.18% 69.9% 18.08%
% of Operating Profit 63.52% -78.13% 57.83%
Other Income/Expense, Net $38.00M $0.00 $99.00M
YoY Change 171.43% -100.0% 45.59%
Pretax Income $277.0M -$579.0M -$238.0M
YoY Change 4.53% -34.94% -347.92%
Income Tax -$16.00M $82.00M $261.0M
% Of Pretax Income -5.78%
Net Earnings $432.0M -$94.00M $249.0M
YoY Change 186.09% -89.59% -145.6%
Net Earnings / Revenue 14.0% -3.17% 1.97%
Basic Earnings Per Share $0.62 $0.37
Diluted Earnings Per Share $0.60 -$0.15 $0.35
COMMON SHARES
Basic Shares Outstanding 710.3M shares 669.6M shares 669.0M shares
Diluted Shares Outstanding 712.0M shares 712.0M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.388B $1.821B $1.821B
YoY Change 5.52% -13.45% -13.45%
Cash & Equivalents $1.994B $1.426B $1.426B
Short-Term Investments $394.0M $395.0M $395.0M
Other Short-Term Assets $1.404B $1.387B $2.696B
YoY Change -7.81% -9.52% 0.41%
Inventory $639.0M $712.0M $712.0M
Prepaid Expenses $198.0M $177.0M
Receivables $1.624B $1.420B $1.420B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $7.170B $6.649B $6.649B
YoY Change -6.19% -13.01% -13.01%
LONG-TERM ASSETS
Property, Plant & Equipment $31.91B $29.96B $30.34B
YoY Change 31.77% 30.03% 29.68%
Goodwill $348.0M $348.0M
YoY Change -3.87% -3.87%
Intangibles $2.258B $2.243B
YoY Change 21.27% 21.84%
Long-Term Investments $1.029B $941.0M $941.0M
YoY Change 33.98% -1.16% -1.16%
Other Assets $2.992B $3.259B $4.280B
YoY Change 1.05% 9.4% 37.22%
Total Long-Term Assets $39.88B $38.15B $38.15B
YoY Change 25.73% 24.19% 24.19%
TOTAL ASSETS
Total Short-Term Assets $7.170B $6.649B $6.649B
Total Long-Term Assets $39.88B $38.15B $38.15B
Total Assets $47.05B $44.80B $44.80B
YoY Change 19.53% 16.78% 16.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.064B $2.199B $2.199B
YoY Change 37.14% 27.11% 27.11%
Accrued Expenses $1.273B $1.334B $1.927B
YoY Change -39.47% -37.98% -27.26%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $4.233B $4.132B $4.132B
YoY Change 89.23% 135.04% 135.04%
Total Short-Term Liabilities $9.211B $9.731B $9.731B
YoY Change 35.94% 49.92% 49.92%
LONG-TERM LIABILITIES
Long-Term Debt $25.37B $22.75B $22.75B
YoY Change 12.29% 4.63% 4.63%
Other Long-Term Liabilities $2.661B $3.114B $3.628B
YoY Change -15.01% -1.7% 14.52%
Total Long-Term Liabilities $30.05B $27.62B $26.37B
YoY Change 11.99% 6.04% 5.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.211B $9.731B $9.731B
Total Long-Term Liabilities $30.05B $27.62B $26.37B
Total Liabilities $39.26B $37.35B $42.31B
YoY Change 16.82% 14.79% 17.77%
SHAREHOLDERS EQUITY
Retained Earnings -$954.0M -$1.386B
YoY Change -35.71% -15.23%
Common Stock $9.000M $8.000M
YoY Change 12.5% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.809B $1.813B
YoY Change -0.33% -0.49%
Treasury Stock Shares
Shareholders Equity $2.900B $2.488B $2.488B
YoY Change
Total Liabilities & Shareholders Equity $47.05B $44.80B $44.80B
YoY Change 19.53% 16.78% 16.78%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $432.0M -$94.00M $249.0M
YoY Change 186.09% -89.59% -145.6%
Depreciation, Depletion And Amortization $312.0M $292.0M $1.045B
YoY Change 14.29% 15.42% 6.42%
Cash From Operating Activities $287.0M $667.0M $3.034B
YoY Change -54.08% -43.52% 11.75%
INVESTING ACTIVITIES
Capital Expenditures $2.148B $2.429B $7.724B
YoY Change 38.49% 32.01% 69.72%
Acquisitions
YoY Change
Other Investing Activities $112.0M -$86.00M $116.0M
YoY Change 918.18% -49.71% 300.0%
Cash From Investing Activities -$2.386B -$2.515B -$8.188B
YoY Change 46.92% 25.06% 40.3%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $2.606B 1.665B $5.405B
YoY Change 156.5% 86.03% 43.83%
NET CHANGE
Cash From Operating Activities $287.0M 667.0M $3.034B
Cash From Investing Activities -$2.386B -2.515B -$8.188B
Cash From Financing Activities $2.606B 1.665B $5.405B
Net Change In Cash $565.0M -183.0M -$97.00M
YoY Change -5750.0% -381.54% -116.09%
FREE CASH FLOW
Cash From Operating Activities $287.0M $667.0M $3.034B
Capital Expenditures $2.148B $2.429B $7.724B
Free Cash Flow -$1.861B -$1.762B -$4.690B
YoY Change 100.97% 167.37% 155.45%

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<div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">USE OF ESTIMATES </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">— U.S. GAAP requires the Company to make estimates and assumptions that affect the asset and liability balances reported as of the date of the consolidated financial statements, as well as the revenues and expenses recognized during the reporting period. Actual results could differ from those estimates. Items subject to such estimates and assumptions include: estimated useful lives of long-lived assets; asset retirement obligations; impairment of goodwill, long-lived assets and equity method investments; valuation allowances for receivables and deferred tax assets; the recoverability of regulatory assets; regulatory liabilities; the fair value of financial instruments; the fair value of assets and liabilities acquired as business combinations or as asset acquisitions by variable interest entities; contingent consideration arising from business combinations or asset acquisitions by variable interest entities; the measurement of equity method investments or noncontrolling interest using the HLBV method for certain renewable generation partnerships; pension liabilities; the incremental borrowing rates used in the determination of lease liabilities; the determination of lease and non-lease components in certain generation contracts; environmental liabilities; temporary equity; and potential litigation claims and settlements.</span></div>
CY2023 us-gaap Use Of Estimates
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<div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">USE OF ESTIMATES </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">— U.S. GAAP requires the Company to make estimates and assumptions that affect the asset and liability balances reported as of the date of the consolidated financial statements, as well as the revenues and expenses recognized during the reporting period. Actual results could differ from those estimates. Items subject to such estimates and assumptions include: estimated useful lives of long-lived assets; asset retirement obligations; impairment of goodwill, long-lived assets and equity method investments; valuation allowances for receivables and deferred tax assets; the recoverability of regulatory assets; regulatory liabilities; the fair value of financial instruments; the fair value of assets and liabilities acquired as business combinations or as asset acquisitions by variable interest entities; contingent consideration arising from business combinations or asset acquisitions by variable interest entities; the measurement of equity method investments or noncontrolling interest using the HLBV method for certain renewable generation partnerships; pension liabilities; the incremental borrowing rates used in the determination of lease liabilities; the determination of lease and non-lease components in certain generation contracts; environmental liabilities; temporary equity; and potential litigation claims and settlements.</span></div>
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1426000000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
370000000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
536000000 usd
CY2023Q4 aes Debt Service Reserves And Other Deposits
DebtServiceReservesAndOtherDeposits
194000000 usd
CY2022Q4 aes Debt Service Reserves And Other Deposits
DebtServiceReservesAndOtherDeposits
177000000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1990000000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2087000000 usd
CY2023Q4 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
974000000 usd
CY2022Q4 aes Number Of Supplier Financing Arrangements
NumberOfSupplierFinancingArrangements
46 agreement
CY2022Q4 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
662000000 usd
CY2022 aes Supplier Finance Program Weighted Average Interest Rate
SupplierFinanceProgramWeightedAverageInterestRate
0.0432
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1426000000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1374000000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
370000000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
536000000 usd
CY2023Q4 aes Debt Service Reserves And Other Deposits
DebtServiceReservesAndOtherDeposits
194000000 usd
CY2022Q4 aes Debt Service Reserves And Other Deposits
DebtServiceReservesAndOtherDeposits
177000000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1990000000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2087000000 usd
CY2023Q4 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
974000000 usd
CY2022Q4 aes Number Of Supplier Financing Arrangements
NumberOfSupplierFinancingArrangements
46 agreement
CY2022Q4 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
662000000 usd
CY2022 aes Supplier Finance Program Weighted Average Interest Rate
SupplierFinanceProgramWeightedAverageInterestRate
0.0432
CY2023Q4 aes Number Of Supplier Financing Arrangements
NumberOfSupplierFinancingArrangements
28 agreement
CY2023Q4 aes Number Of Supplier Financing Arrangements
NumberOfSupplierFinancingArrangements
28 agreement
CY2023 aes Proceeds From Payments For Derivative Interest
ProceedsFromPaymentsForDerivativeInterest
181000000 usd
CY2022 aes Proceeds From Payments For Derivative Interest
ProceedsFromPaymentsForDerivativeInterest
239000000 usd
CY2021 aes Proceeds From Payments For Derivative Interest
ProceedsFromPaymentsForDerivativeInterest
-6000000 usd
CY2022Q4 us-gaap Accounts And Financing Receivable Allowance For Credit Loss
AccountsAndFinancingReceivableAllowanceForCreditLoss
83000000 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
40000000 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
35000000 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
1000000 usd
CY2023 us-gaap Financing Receivable Allowance For Credit Loss Foreign Currency Translation
FinancingReceivableAllowanceForCreditLossForeignCurrencyTranslation
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CY2023Q4 us-gaap Accounts And Financing Receivable Allowance For Credit Loss
AccountsAndFinancingReceivableAllowanceForCreditLoss
64000000 usd
CY2021Q4 us-gaap Accounts And Financing Receivable Allowance For Credit Loss
AccountsAndFinancingReceivableAllowanceForCreditLoss
63000000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
53000000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
19000000 usd
CY2022 us-gaap Financing Receivable Allowance For Credit Loss Foreign Currency Translation
FinancingReceivableAllowanceForCreditLossForeignCurrencyTranslation
-14000000 usd
CY2022Q4 us-gaap Accounts And Financing Receivable Allowance For Credit Loss
AccountsAndFinancingReceivableAllowanceForCreditLoss
83000000 usd
CY2023 aes Proceeds From Payments For Derivative Interest
ProceedsFromPaymentsForDerivativeInterest
181000000 usd
CY2022 aes Proceeds From Payments For Derivative Interest
ProceedsFromPaymentsForDerivativeInterest
239000000 usd
CY2021 aes Proceeds From Payments For Derivative Interest
ProceedsFromPaymentsForDerivativeInterest
-6000000 usd
CY2022Q4 us-gaap Accounts And Financing Receivable Allowance For Credit Loss
AccountsAndFinancingReceivableAllowanceForCreditLoss
83000000 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
40000000 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
35000000 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
1000000 usd
CY2023 us-gaap Financing Receivable Allowance For Credit Loss Foreign Currency Translation
FinancingReceivableAllowanceForCreditLossForeignCurrencyTranslation
-23000000 usd
CY2023Q4 us-gaap Accounts And Financing Receivable Allowance For Credit Loss
AccountsAndFinancingReceivableAllowanceForCreditLoss
64000000 usd
CY2021Q4 us-gaap Accounts And Financing Receivable Allowance For Credit Loss
AccountsAndFinancingReceivableAllowanceForCreditLoss
63000000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
53000000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
19000000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
0 usd
CY2022 us-gaap Financing Receivable Allowance For Credit Loss Foreign Currency Translation
FinancingReceivableAllowanceForCreditLossForeignCurrencyTranslation
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CY2022Q4 us-gaap Accounts And Financing Receivable Allowance For Credit Loss
AccountsAndFinancingReceivableAllowanceForCreditLoss
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CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
424000000 usd
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
733000000 usd
CY2023Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
288000000 usd
CY2022Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
322000000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
712000000 usd
CY2023Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
30190000000 usd
CY2022Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
26599000000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
8602000000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
8651000000 usd
CY2023Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
21588000000 usd
CY2022Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
17948000000 usd
CY2023 us-gaap Depreciation
Depreciation
1045000000 usd
CY2022 us-gaap Depreciation
Depreciation
982000000 usd
CY2021 us-gaap Depreciation
Depreciation
972000000 usd
CY2023 us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
563000000 usd
CY2022 us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
224000000 usd
CY2021 us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
226000000 usd
CY2023Q4 aes Property Plant And Equipment Net Of Accumulated Depreciation Mortgaged Pledged Or Subject To Liens
PropertyPlantAndEquipmentNetOfAccumulatedDepreciationMortgagedPledgedOrSubjectToLiens
9500000000 usd
CY2022Q4 aes Property Plant And Equipment Net Of Accumulated Depreciation Mortgaged Pledged Or Subject To Liens
PropertyPlantAndEquipmentNetOfAccumulatedDepreciationMortgagedPledgedOrSubjectToLiens
8900000000 usd
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
424000000 usd
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
733000000 usd
CY2023Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
288000000 usd
CY2022Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
322000000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
712000000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
1055000000 usd
CY2023Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
30190000000 usd
CY2022Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
26599000000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
8602000000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
8651000000 usd
CY2023Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
21588000000 usd
CY2022Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
17948000000 usd
CY2023 us-gaap Depreciation
Depreciation
1045000000 usd
CY2022 us-gaap Depreciation
Depreciation
982000000 usd
CY2021 us-gaap Depreciation
Depreciation
972000000 usd
CY2023 us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
563000000 usd
CY2022 us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
224000000 usd
CY2021 us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
226000000 usd
CY2023Q4 aes Property Plant And Equipment Net Of Accumulated Depreciation Mortgaged Pledged Or Subject To Liens
PropertyPlantAndEquipmentNetOfAccumulatedDepreciationMortgagedPledgedOrSubjectToLiens
9500000000 usd
CY2022Q4 aes Property Plant And Equipment Net Of Accumulated Depreciation Mortgaged Pledged Or Subject To Liens
PropertyPlantAndEquipmentNetOfAccumulatedDepreciationMortgagedPledgedOrSubjectToLiens
8900000000 usd
CY2023Q4 aes Property Plant And Equipment Electric Generation Distribution Assets And Other Net Held For Sale
PropertyPlantAndEquipmentElectricGenerationDistributionAssetsAndOtherNetHeldForSale
21588000000 usd
CY2022Q4 aes Property Plant And Equipment Electric Generation Distribution Assets And Other Net Held For Sale
PropertyPlantAndEquipmentElectricGenerationDistributionAssetsAndOtherNetHeldForSale
17948000000 usd
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
757000000 usd
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
606000000 usd
CY2023 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
40000000 usd
CY2022 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
97000000 usd
CY2023 aes Asset Retirement Obligation Assumed In Acquisition
AssetRetirementObligationAssumedInAcquisition
0 usd
CY2022 aes Asset Retirement Obligation Assumed In Acquisition
AssetRetirementObligationAssumedInAcquisition
15000000 usd
CY2023 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
14000000 usd
CY2022 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
29000000 usd
CY2023 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
31000000 usd
CY2022 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
30000000 usd
CY2023 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-35000000 usd
CY2022 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
35000000 usd
CY2023 aes Asset Retirement Obligation Other
AssetRetirementObligationOther
-1000000 usd
CY2022 aes Asset Retirement Obligation Other
AssetRetirementObligationOther
3000000 usd
CY2023Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
778000000 usd
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
757000000 usd
CY2023Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
792000000 usd
CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
522000000 usd
CY2023 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
1377000000 usd
CY2021 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
578000000 usd
CY2022Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-31000000 usd
CY2023 aes Fair Value Measurements With Unobservable Inputs Reconciliation Recurring Basis Regulatory Assets Liabilities
FairValueMeasurementsWithUnobservableInputsReconciliationRecurringBasisRegulatoryAssetsLiabilities
-1000000 usd
CY2023Q4 aes Property Plant And Equipment Electric Generation Distribution Assets And Other Net Held For Sale
PropertyPlantAndEquipmentElectricGenerationDistributionAssetsAndOtherNetHeldForSale
21588000000 usd
CY2022Q4 aes Property Plant And Equipment Electric Generation Distribution Assets And Other Net Held For Sale
PropertyPlantAndEquipmentElectricGenerationDistributionAssetsAndOtherNetHeldForSale
17948000000 usd
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
757000000 usd
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
606000000 usd
CY2023 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
40000000 usd
CY2022 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
97000000 usd
CY2023 aes Asset Retirement Obligation Assumed In Acquisition
AssetRetirementObligationAssumedInAcquisition
0 usd
CY2023 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
14000000 usd
CY2022 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
29000000 usd
CY2023 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
31000000 usd
CY2022 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
30000000 usd
CY2023 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-35000000 usd
CY2022 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
35000000 usd
CY2023 aes Asset Retirement Obligation Other
AssetRetirementObligationOther
-1000000 usd
CY2023Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
778000000 usd
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
757000000 usd
CY2023Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
792000000 usd
CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
1384000000 usd
CY2023Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
611000000 usd
CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
522000000 usd
CY2023 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
1377000000 usd
CY2022 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
1065000000 usd
CY2021 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
578000000 usd
CY2022Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-31000000 usd
CY2023 aes Fair Value Measurements With Unobservable Inputs Reconciliation Recurring Basis Regulatory Assets Liabilities
FairValueMeasurementsWithUnobservableInputsReconciliationRecurringBasisRegulatoryAssetsLiabilities
-1000000 usd
CY2023 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
-239000000 usd
CY2022Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
271000000 usd
CY2022Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
168000000 usd
CY2022Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
168000000 usd
CY2023Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
170000000 usd
CY2023Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
170000000 usd
CY2023Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
294000000 usd
CY2023Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
294000000 usd
CY2023 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
-239000000 usd
CY2023 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
-75000000 usd
CY2023 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3
4000000 usd
CY2023 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
1000000 usd
CY2023Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-220000000 usd
CY2023 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Period Increase Decrease
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPeriodIncreaseDecrease
-3000000 usd
CY2021Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
34000000 usd
CY2022 aes Fair Value Measurements With Unobservable Inputs Reconciliation Recurring Basis Regulatory Assets Liabilities
FairValueMeasurementsWithUnobservableInputsReconciliationRecurringBasisRegulatoryAssetsLiabilities
8000000 usd
CY2022 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
-24000000 usd
CY2022 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
-30000000 usd
CY2022 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3
1000000 usd
CY2022 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
12000000 usd
CY2022Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-31000000 usd
CY2022 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Period Increase Decrease
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPeriodIncreaseDecrease
-23000000 usd
CY2023Q4 aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets Liabilities Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsLiabilitiesValue
-55000000 usd
CY2023 us-gaap Inventory Write Down
InventoryWriteDown
6000000 usd
CY2023Q4 us-gaap Inventory Write Down
InventoryWriteDown
23000000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
386000000 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
645000000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
446000000 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
474000000 usd
CY2023Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
216000000 usd
CY2023Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
152000000 usd
CY2023 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
-75000000 usd
CY2023 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3
4000000 usd
CY2023 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
1000000 usd
CY2023Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-220000000 usd
CY2023 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Period Increase Decrease
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPeriodIncreaseDecrease
-3000000 usd
CY2021Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
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