2012 Q4 Form 10-Q Financial Statement

#000119312512454917 Filed on November 07, 2012

View on sec.gov

Income Statement

Concept 2012 Q4 2012 Q3 2011 Q3
Revenue $4.373B $4.355B $4.307B
YoY Change 4.54% 1.11% 7.94%
Cost Of Revenue $3.494B $3.388B -$3.297B
YoY Change -202.76% 9.06%
Gross Profit $882.0M $964.0M $1.010B
YoY Change -18.26% -4.55% 6.99%
Gross Profit Margin 20.17% 22.14% 23.45%
Selling, General & Admin $49.00M $64.00M $90.00M
YoY Change -28.89% -8.16%
% of Gross Profit 5.56% 6.64% 8.91%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $356.0M $327.0M $303.0M
YoY Change 13.02% 7.92% 11.81%
% of Gross Profit 40.36% 33.92% 30.0%
Operating Expenses $16.00M $61.00M $81.00M
YoY Change -24.69% -11.96%
Operating Profit $866.0M $903.0M $929.0M
YoY Change -2.8% 9.04%
Interest Expense -$332.0M $396.0M $418.0M
YoY Change -5.26% 9.71%
% of Operating Profit -38.34% 43.85% 44.99%
Other Income/Expense, Net $0.00 $15.00M $76.00M
YoY Change -80.26% 230.43%
Pretax Income $538.0M -$1.283B $266.0M
YoY Change -582.33% -27.12%
Income Tax $171.0M $172.0M $68.00M
% Of Pretax Income 31.78% 25.56%
Net Earnings $175.0M -$1.568B -$131.0M
YoY Change -183.73% 1096.95% -214.91%
Net Earnings / Revenue 4.0% -36.0% -3.04%
Basic Earnings Per Share $0.23 -$2.10 -$0.17
Diluted Earnings Per Share $0.23 -$2.10 -$0.17
COMMON SHARES
Basic Shares Outstanding 744.0M shares 747.0M shares 778.0M shares
Diluted Shares Outstanding 747.0M shares 778.0M shares

Balance Sheet

Concept 2012 Q4 2012 Q3 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.596B $2.764B $4.463B
YoY Change -12.89% -38.07% -1.54%
Cash & Equivalents $1.900B $1.891B $3.370B
Short-Term Investments $696.0M $873.0M $1.093B
Other Short-Term Assets $1.072B $1.009B $1.128B
YoY Change -31.28% -10.55% -1.23%
Inventory $719.0M $796.0M $668.0M
Prepaid Expenses $222.0M $226.0M $190.0M
Receivables $2.539B $2.671B $2.364B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $8.465B $8.684B $10.07B
YoY Change -8.28% -13.74% 3.06%
LONG-TERM ASSETS
Property, Plant & Equipment $24.64B $25.48B $23.81B
YoY Change -1.46% 7.02% -4.65%
Goodwill $1.999B $1.967B $1.246B
YoY Change -47.67% 57.87% -2.35%
Intangibles $324.0M $462.0M $493.0M
YoY Change -40.55% -6.29% -19.18%
Long-Term Investments $1.196B $1.334B $1.401B
YoY Change -15.89% -4.78% 6.7%
Other Assets $2.188B $2.168B $2.133B
YoY Change -6.73% 1.64% 30.54%
Total Long-Term Assets $33.37B $32.67B $30.82B
YoY Change -7.62% 6.02% -3.74%
TOTAL ASSETS
Total Short-Term Assets $8.465B $8.684B $10.07B
Total Long-Term Assets $33.37B $32.67B $30.82B
Total Assets $41.83B $41.36B $40.88B
YoY Change -7.75% 1.16% -2.15%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.545B $2.327B $1.792B
YoY Change 26.74% 29.85% -60.38%
Accrued Expenses $2.347B $2.438B $2.619B
YoY Change -30.75% -6.91% 598.4%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.505B $2.335B $2.174B
YoY Change 3.17% 7.41% 5.79%
Total Short-Term Liabilities $8.319B $7.526B $7.241B
YoY Change -1.41% 3.94% 3.02%
LONG-TERM LIABILITIES
Long-Term Debt $18.22B $19.23B $18.70B
YoY Change -7.02% 2.79% 4.38%
Other Long-Term Liabilities $3.523B $3.719B $2.978B
YoY Change 13.24% 24.88% -1.55%
Total Long-Term Liabilities $25.92B $25.92B $23.73B
YoY Change -4.36% 9.23% -0.77%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.319B $7.526B $7.241B
Total Long-Term Liabilities $25.92B $25.92B $23.73B
Total Liabilities $34.24B $33.44B $30.97B
YoY Change -3.66% 8.0% 0.09%
SHAREHOLDERS EQUITY
Retained Earnings -$264.0M -$439.0M $887.0M
YoY Change -138.94% -149.49% -16.0%
Common Stock $8.000M $8.000M $8.000M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $780.0M $780.0M $434.0M
YoY Change 59.51% 79.72% 228.79%
Treasury Stock Shares 66.42M shares 66.44M shares 36.83M shares
Shareholders Equity $4.569B $4.424B $6.233B
YoY Change
Total Liabilities & Shareholders Equity $41.83B $41.36B $40.88B
YoY Change -7.75% 1.16% -2.15%

Cashflow Statement

Concept 2012 Q4 2012 Q3 2011 Q3
OPERATING ACTIVITIES
Net Income $175.0M -$1.568B -$131.0M
YoY Change -183.73% 1096.95% -214.91%
Depreciation, Depletion And Amortization $356.0M $327.0M $303.0M
YoY Change 13.02% 7.92% 11.81%
Cash From Operating Activities $764.0M $1.058B $1.127B
YoY Change 55.6% -6.12% 12.7%
INVESTING ACTIVITIES
Capital Expenditures -$527.0M -$510.0M -$813.0M
YoY Change -11.87% -37.27% 54.56%
Acquisitions
YoY Change
Other Investing Activities $308.0M $186.0M -$164.0M
YoY Change -111.97% -213.41% -222.39%
Cash From Investing Activities -$219.0M -$324.0M -$977.0M
YoY Change -93.1% -66.84% 149.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -524.0M -481.0M -273.0M
YoY Change -149.2% 76.19% -59.25%
NET CHANGE
Cash From Operating Activities 764.0M 1.058B 1.127B
Cash From Investing Activities -219.0M -324.0M -977.0M
Cash From Financing Activities -524.0M -481.0M -273.0M
Net Change In Cash 21.00M 253.0M -123.0M
YoY Change -101.3% -305.69% 98.39%
FREE CASH FLOW
Cash From Operating Activities $764.0M $1.058B $1.127B
Capital Expenditures -$527.0M -$510.0M -$813.0M
Free Cash Flow $1.291B $1.568B $1.940B
YoY Change 18.55% -19.18% 27.13%

Facts In Submission

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OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
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us-gaap Other Comprehensive Income Loss Foreign Currency Translation Reclassification Adjustment Realized Upon Sale Or Liquidation Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationReclassificationAdjustmentRealizedUponSaleOrLiquidationTax
0 USD
us-gaap Other Comprehensive Income Loss Reclassification Pension And Other Postretirement Benefit Plans Net Gain Loss Recognized In Net Periodic Benefit Cost Tax
OtherComprehensiveIncomeLossReclassificationPensionAndOtherPostretirementBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostTax
-6000000 USD
us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
-28000000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
1038000000 USD
aes Gain Loss On Sale Of Investments And Impairment Charges
GainLossOnSaleOfInvestmentsAndImpairmentCharges
-1802000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
10000000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
191000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
10000000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-90000000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
379000000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
303000000 USD
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-151000000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
275000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2129000000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
227000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-67000000 USD
us-gaap Loss Contingency Accrual Carrying Value Period Increase Decrease
LossContingencyAccrualCarryingValuePeriodIncreaseDecrease
36000000 USD
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-151000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
65000000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
167000000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-67000000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
947000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
118000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2313000000 USD
aes Gain Loss On Sale Of Investments And Impairment Charges
GainLossOnSaleOfInvestmentsAndImpairmentCharges
-321000000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
200000000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
185000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1832000000 USD
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
158000000 USD
us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates
47000000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
89000000 USD
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
4191000000 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
3632000000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
164000000 USD
aes Decrease Increase In Debt Service Reserves And Other Assets
DecreaseIncreaseInDebtServiceReservesAndOtherAssets
379000000 USD
us-gaap Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
91000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
11000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1734000000 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
4764000000 USD
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
18000000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
741000000 USD
aes Payments For Financed Capital Expenditures
PaymentsForFinancedCapitalExpenditures
30000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
301000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
8000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1343000000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
9000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
239000000 USD
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2522000000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-79000000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
990000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
848000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-7000000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
126000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
225000000 USD
aes Repayments Of Nonrecourse Debt
RepaymentsOfNonrecourseDebt
1489000000 USD
aes Proceeds From Issuance Of Nonrecourse Debt
ProceedsFromIssuanceOfNonrecourseDebt
1516000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
347000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-676000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1581000000 USD
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
5116000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
21000000 USD
us-gaap Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
-1000000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
4000000 USD
aes Decrease Increase In Debt Service Reserves And Other Assets
DecreaseIncreaseInDebtServiceReservesAndOtherAssets
-24000000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-11000000 USD
us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates
432000000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-322000000 USD
aes Proceeds From Issuance Of Nonrecourse Debt
ProceedsFromIssuanceOfNonrecourseDebt
822000000 USD
aes Repayments Of Recourse Debt
RepaymentsOfRecourseDebt
8000000 USD
aes Repayments Of Nonrecourse Debt
RepaymentsOfNonrecourseDebt
759000000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
24000000 USD
aes Payments For Financed Capital Expenditures
PaymentsForFinancedCapitalExpenditures
13000000 USD
aes Repayments Of Recourse Debt
RepaymentsOfRecourseDebt
474000000 USD
CY2011Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3370000000 USD
us-gaap Interest Paid Net
InterestPaidNet
982000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
647000000 USD
us-gaap Proceeds From Contribution In Aid Of Construction
ProceedsFromContributionInAidOfConstruction
120000000 USD
us-gaap Proceeds From Contribution In Aid Of Construction
ProceedsFromContributionInAidOfConstruction
7000000 USD
aes Net Cash Change Of Discontinued And Held For Sale Businesses
NetCashChangeOfDiscontinuedAndHeldForSaleBusinesses
120000000 USD
aes Net Cash Change Of Discontinued And Held For Sale Businesses
NetCashChangeOfDiscontinuedAndHeldForSaleBusinesses
1000000 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
12000000 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
6000000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-52000000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
aes Proceeds From Issuance Of Recourse Debt
ProceedsFromIssuanceOfRecourseDebt
0 USD
aes Proceeds From Issuance Of Recourse Debt
ProceedsFromIssuanceOfRecourseDebt
2050000000 USD
us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
130000000 USD
us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
-1000000 USD
aes Proceeds From Performance Bond Investing Activities
ProceedsFromPerformanceBondInvestingActivities
0 USD
aes Proceeds From Performance Bond Investing Activities
ProceedsFromPerformanceBondInvestingActivities
199000000 USD
CY2012Q3 us-gaap Other Inventory Supplies
OtherInventorySupplies
383000000 USD
CY2012Q3 aes Proceeds From Sale Of New York Plants
ProceedsFromSaleOfNewYorkPlants
240000000 USD
CY2011Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
444000000 USD
CY2012Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
413000000 USD
CY2011Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
341000000 USD
CY2012Q3 aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets Liabilities Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsLiabilitiesValue
-275000000 USD
CY2012Q3 aes Fair Value Percent Threshold For Significant Assumption
FairValuePercentThresholdForSignificantAssumption
0.10 pure
CY2012Q3 us-gaap Available For Sale Securities Fair Value Disclosure
AvailableForSaleSecuritiesFairValueDisclosure
857000000 USD
CY2012Q3 us-gaap Trading Securities Fair Value Disclosure
TradingSecuritiesFairValueDisclosure
12000000 USD
CY2012Q3 aes Derivative Assets Fair Value Disclosure
DerivativeAssetsFairValueDisclosure
126000000 USD
CY2012Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
995000000 USD
CY2012Q3 us-gaap Derivative Financial Instruments Liabilities Fair Value Disclosure
DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure
844000000 USD
CY2012Q3 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
844000000 USD
CY2011Q4 us-gaap Trading Securities Fair Value Disclosure
TradingSecuritiesFairValueDisclosure
12000000 USD
CY2011Q4 us-gaap Available For Sale Securities Fair Value Disclosure
AvailableForSaleSecuritiesFairValueDisclosure
1340000000 USD
CY2011Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
690000000 USD
CY2011Q4 aes Derivative Assets Fair Value Disclosure
DerivativeAssetsFairValueDisclosure
120000000 USD
CY2011Q4 us-gaap Derivative Financial Instruments Liabilities Fair Value Disclosure
DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure
690000000 USD
CY2011Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
1472000000 USD
CY2012Q2 aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets Liabilities Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsLiabilitiesValue
-286000000 USD
CY2011Q2 aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets Liabilities Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsLiabilitiesValue
10000000 USD
CY2012Q3 aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets Liabilities Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsLiabilitiesGainLossIncludedInEarnings
29000000 USD
CY2012Q3 aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets Liabilities Gain Loss Included In Other Comprehensive Income
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsLiabilitiesGainLossIncludedInOtherComprehensiveIncome
-29000000 USD
CY2012Q3 aes Fair Value Measurments With Unobservable Inputs Reconciliation Recurring Basis Regulatory Assets Liabilities
FairValueMeasurmentsWithUnobservableInputsReconciliationRecurringBasisRegulatoryAssetsLiabilities
2000000 USD
CY2012Q3 aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Derivative Assets Liabilities Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisDerivativeAssetsLiabilitiesSettlements
-7000000 USD
CY2012Q3 aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets Liabilities Transfers In
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsLiabilitiesTransfersIn
0 USD
CY2012Q3 aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets Liabilities Transfers Out
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsLiabilitiesTransfersOut
-2000000 USD
CY2011Q3 aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets Liabilities Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsLiabilitiesGainLossIncludedInEarnings
-43000000 USD
CY2011Q3 aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets Liabilities Gain Loss Included In Other Comprehensive Income
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsLiabilitiesGainLossIncludedInOtherComprehensiveIncome
-73000000 USD
CY2011Q3 aes Fair Value Measurments With Unobservable Inputs Reconciliation Recurring Basis Regulatory Assets Liabilities
FairValueMeasurmentsWithUnobservableInputsReconciliationRecurringBasisRegulatoryAssetsLiabilities
-3000000 USD
CY2011Q3 aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Derivative Assets Liabilities Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisDerivativeAssetsLiabilitiesSettlements
1000000 USD
CY2011Q3 aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets Liabilities Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsLiabilitiesValue
-209000000 USD
CY2011Q3 aes Fair Value Derivative Assets Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss Included In Other Income
FairValueDerivativeAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome
-52000000 USD
CY2012Q3 aes Fair Value Derivative Assets Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss Included In Other Income
FairValueDerivativeAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome
30000000 USD
CY2011Q3 aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets Liabilities Transfers In
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsLiabilitiesTransfersIn
-101000000 USD
CY2011Q3 aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets Liabilities Transfers Out
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsLiabilitiesTransfersOut
-2000000 USD
CY2010Q4 aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets Liabilities Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsLiabilitiesValue
49000000 USD
aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets Liabilities Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsLiabilitiesGainLossIncludedInEarnings
-34000000 USD
aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets Liabilities Gain Loss Included In Other Comprehensive Income
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsLiabilitiesGainLossIncludedInOtherComprehensiveIncome
-37000000 USD
aes Fair Value Measurments With Unobservable Inputs Reconciliation Recurring Basis Regulatory Assets Liabilities
FairValueMeasurmentsWithUnobservableInputsReconciliationRecurringBasisRegulatoryAssetsLiabilities
3000000 USD
aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Derivative Assets Liabilities Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisDerivativeAssetsLiabilitiesSettlements
3000000 USD
aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets Liabilities Transfers In
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsLiabilitiesTransfersIn
-189000000 USD
aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets Liabilities Transfers Out
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsLiabilitiesTransfersOut
-2000000 USD
CY2011Q4 aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets Liabilities Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsLiabilitiesValue
-148000000 USD
aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets Liabilities Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsLiabilitiesGainLossIncludedInEarnings
21000000 USD
aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets Liabilities Gain Loss Included In Other Comprehensive Income
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsLiabilitiesGainLossIncludedInOtherComprehensiveIncome
-22000000 USD
aes Fair Value Measurments With Unobservable Inputs Reconciliation Recurring Basis Regulatory Assets Liabilities
FairValueMeasurmentsWithUnobservableInputsReconciliationRecurringBasisRegulatoryAssetsLiabilities
9000000 USD
aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Derivative Assets Liabilities Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisDerivativeAssetsLiabilitiesSettlements
-23000000 USD
aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets Liabilities Transfers In
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsLiabilitiesTransfersIn
-159000000 USD
aes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets Liabilities Transfers Out
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsLiabilitiesTransfersOut
-1000000 USD
aes Fair Value Derivative Assets Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss Included In Other Income
FairValueDerivativeAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome
-40000000 USD
aes Fair Value Derivative Assets Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss Included In Other Income
FairValueDerivativeAssetsLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome
22000000 USD
CY2012Q3 aes Available For Sale Securities Common Stock Amortized Cost
AvailableForSaleSecuritiesCommonStockAmortizedCost
1000000 USD
CY2011Q4 aes Available For Sale Securities Common Stock Amortized Cost
AvailableForSaleSecuritiesCommonStockAmortizedCost
4000000 USD
CY2012Q3 aes Available For Sale Unsecured Debentures
AvailableForSaleUnsecuredDebentures
440000000 USD
CY2011Q4 aes Available For Sale Unsecured Debentures
AvailableForSaleUnsecuredDebentures
665000000 USD
CY2012Q3 aes Available For Sale Certificates Of Deposit
AvailableForSaleCertificatesOfDeposit
338000000 USD
CY2011Q4 aes Available For Sale Certificates Of Deposit
AvailableForSaleCertificatesOfDeposit
576000000 USD
CY2012Q3 aes Available For Sale Government Debt Securities
AvailableForSaleGovernmentDebtSecurities
26000000 USD
CY2011Q4 aes Available For Sale Government Debt Securities
AvailableForSaleGovernmentDebtSecurities
31000000 USD
CY2012Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
804000000 USD
CY2011Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1272000000 USD
CY2012Q3 aes Available For Sale Mutual Funds
AvailableForSaleMutualFunds
52000000 USD
CY2011Q4 aes Available For Sale Mutual Funds
AvailableForSaleMutualFunds
67000000 USD
CY2012Q3 aes Available For Sale Common Stock
AvailableForSaleCommonStock
1000000 USD
CY2011Q4 aes Available For Sale Common Stock
AvailableForSaleCommonStock
1000000 USD
CY2012Q3 us-gaap Available For Sale Securities Equity Securities
AvailableForSaleSecuritiesEquitySecurities
53000000 USD
CY2011Q4 us-gaap Available For Sale Securities Equity Securities
AvailableForSaleSecuritiesEquitySecurities
68000000 USD
CY2012Q3 us-gaap Available For Sale Securities
AvailableForSaleSecurities
857000000 USD
CY2011Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
1340000000 USD
CY2012Q3 aes Trading Securities Mutual Funds
TradingSecuritiesMutualFunds
12000000 USD
CY2011Q4 aes Trading Securities Mutual Funds
TradingSecuritiesMutualFunds
12000000 USD
CY2012Q3 us-gaap Trading Securities
TradingSecurities
12000000 USD
CY2011Q4 us-gaap Trading Securities
TradingSecurities
12000000 USD
CY2012Q3 aes Available For Sale And Trading Securities Total
AvailableForSaleAndTradingSecuritiesTotal
869000000 USD
CY2011Q4 aes Available For Sale And Trading Securities Total
AvailableForSaleAndTradingSecuritiesTotal
1352000000 USD
CY2012Q3 us-gaap Marketable Securities
MarketableSecurities
873000000 USD
CY2012Q3 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
4000000 USD
CY2011Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
4000000 USD
CY2011Q4 us-gaap Marketable Securities
MarketableSecurities
1356000000 USD
CY2012Q3 us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
0 USD
CY2011Q3 us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
-2000000 USD
CY2012Q3 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
1513000000 USD
CY2011Q3 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
1134000000 USD
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-1000000 USD
CY2011Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-1000000 USD
CY2012Q3 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
0 USD
CY2011Q3 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
1000000 USD
us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
-1000000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-4000000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
4218000000 USD
us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
5000000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-1000000 USD
us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
0 USD
us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
1000000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
5160000000 USD
CY2012Q3 us-gaap Derivatives Basis And Use Of Derivatives Use Of Derivatives
DerivativesBasisAndUseOfDerivativesUseOfDerivatives
The Company is exposed to market risks associated with its enterprise-wide business activities, namely the purchase and sale of fuel and electricity as well as foreign currency risk and interest rate risk. In order to manage the market risks associated with these business activities, we enter into contracts that incorporate derivatives and financial instruments, including forwards, futures, options, swaps or combinations thereof, as appropriate. The Company generally applies hedge accounting to contracts as long as they are eligible under the accounting standards for derivatives and hedging. While derivative transactions are not entered into for trading purposes, some contracts are not eligible for hedge accounting.
aes Gain Loss Reclassified Into Earnings Discontinuance Of Cash Flow Hedge Net
GainLossReclassifiedIntoEarningsDiscontinuanceOfCashFlowHedgeNet
0 USD
CY2012Q3 us-gaap Derivatives Basis And Use Of Derivatives Basis
DerivativesBasisAndUseOfDerivativesBasis
Derivative assets and liabilities are recognized at their fair value.
CY2012Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
154000000 USD
CY2012Q3 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
690000000 USD
CY2012Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
844000000 USD
CY2012Q3 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
30000000 USD
CY2012Q3 us-gaap Derivative Assets
DerivativeAssets
126000000 USD
CY2012Q3 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
96000000 USD
CY2011Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
537000000 USD
CY2011Q4 us-gaap Derivative Assets
DerivativeAssets
120000000 USD
CY2011Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
71000000 USD
CY2011Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
49000000 USD
CY2011Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
690000000 USD
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us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
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us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
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us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
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CY2012Q3 us-gaap Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
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us-gaap Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
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us-gaap Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
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CY2011Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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CY2012Q3 aes Change In Regulatory Asset Resulting From Change In Derivative Fair Value
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CY2012Q3 aes Change In Regulatory Liability Resulting From Change In Derivative Fair Value
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CY2011Q3 aes Change In Regulatory Asset Resulting From Change In Derivative Fair Value
ChangeInRegulatoryAssetResultingFromChangeInDerivativeFairValue
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aes Change In Regulatory Asset Resulting From Change In Derivative Fair Value
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6000000 USD
aes Change In Regulatory Liability Resulting From Change In Derivative Fair Value
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CY2012Q3 us-gaap Collateral Already Posted Aggregate Fair Value
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13000000 USD
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CY2011Q4 aes Cash Collateral Received From Counterparties
CashCollateralReceivedFromCounterparties
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CY2012Q3 aes Cash Collateral Received From Counterparties
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CY2012Q3 us-gaap Notes Receivable Net
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NotesReceivableNet
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CY2012Q3 aes Debt Default Amount
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CY2012Q3 us-gaap Guarantee Obligations Term
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less than
CY2012Q3 aes Obligations Maximum Exposure Total
ObligationsMaximumExposureTotal
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CY2012Q3 aes Obligations Number Of Agreements
ObligationsNumberOfAgreements
36 pure
CY2012Q3 aes Commitments To Invest In Subsidiaries Excluding Letters Of Credit
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CY2012Q3 us-gaap Accrual For Environmental Loss Contingencies
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CY2012Q3 us-gaap Loss Contingency Accrual At Carrying Value
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334000000 USD
CY2011Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
363000000 USD
CY2012Q3 us-gaap Loss Contingency Range Of Possible Loss Maximum
LossContingencyRangeOfPossibleLossMaximum
1500000000 USD
CY2012Q3 us-gaap Loss Contingency Range Of Possible Loss Minimum
LossContingencyRangeOfPossibleLossMinimum
230000000 USD
us-gaap Contributions From Noncontrolling Interests
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us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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aes Noncontrolling Interest Decrease Due To Disposition Of Businesses
NoncontrollingInterestDecreaseDueToDispositionOfBusinesses
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us-gaap Treasury Stock Value Acquired Cost Method
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us-gaap Stock Issued During Period Value Share Based Compensation
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40000000 USD
us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
-8000000 USD
CY2010Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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us-gaap Contributions From Noncontrolling Interests
ContributionsFromNoncontrollingInterests
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us-gaap Stock Issued During Period Value Share Based Compensation
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43000000 USD
us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
0 USD
aes Noncontrolling Interest Decrease Due To Disposition Of Businesses
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us-gaap Treasury Stock Value Acquired Cost Method
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us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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-990000000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
-30000000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
0 USD
aes Net Gain On Sale From Stock Issuance
NetGainOnSaleFromStockIssuance
35000000 USD
aes Net Gain On Sale From Stock Issuance
NetGainOnSaleFromStockIssuance
0 USD
CY2011Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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9857000000 USD
CY2012Q3 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
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2125000000 USD
CY2012Q3 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
528000000 USD
CY2012Q3 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
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-252000000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
1967000000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
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534000000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
-257000000 USD
CY2010Q3 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
500000000 USD
us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
680000000 USD
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
24790384 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
58715189 shares
aes Treasury Stock Value Acquired Cost Method Excluding Commissions
TreasuryStockValueAcquiredCostMethodExcludingCommissions
301000000 USD
aes Treasury Stock Value Acquired Cost Method Excluding Commissions
TreasuryStockValueAcquiredCostMethodExcludingCommissions
680000000 USD
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
12.16
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
11.58
CY2012Q3 aes Treasury Stock Value Acquired Cost Method Excluding Commissions
TreasuryStockValueAcquiredCostMethodExcludingCommissions
71000000 USD
CY2012Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
11.71
CY2012Q3 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
6046021 shares
CY2012Q3 us-gaap Factors Used To Identify Entitys Reportable Segments
FactorsUsedToIdentifyEntitysReportableSegments
During the first quarter of 2012, the Company completed its operational management and reporting restructuring. The management reporting structure is organized along two lines of business – Generation and Utilities, each led by a Chief Operating Officer. The segment reporting structure primarily uses the Company’s management reporting structure as its foundation to reflect how the Company manages the business internally with further aggregation by geographic regions to provide better socio-political-economic understanding of our business. For the three and nine months ended September 30, 2012, the Company applied the segment reporting accounting guidance, which provides certain quantitative thresholds and aggregation criteria. The Company concluded that Tietê, our 2,663 MW hydro generation business in Brazil, met the quantitative thresholds to require separate presentation. As such, an additional reportable segment which consists solely of the results of Tietê is now reported as Generation – Tietê. Tietê was formerly reported within the Latin America – Generation segment. The previously disclosed Latin America – Generation segment is now reported as Generation – Latin America – Other and, with the exception of Tietê, includes the results of all remaining businesses as previously reported. All prior period results have been retrospectively revised to reflect the new segment reporting structure. The Company has increased from six to the following seven reportable segments: •        Generation – Latin America – Other; •        Generation – Tietê; •        Generation – North America; •        Generation – Europe; •        Generation – Asia; •        Utilities – Latin America; •        Utilities – North America. Corporate and Other—The Company’s Europe Utilities, Africa Utilities, Africa Generation, Wind Generation operating segments and other climate solutions and renewables projects are reported within “Corporate and Other” because they do not meet the criteria to allow for aggregation with another operating segment or the quantitative thresholds that would require separate disclosure under segment reporting accounting guidance. None of these operating segments are currently material to our presentation of reportable segments, individually or in the aggregate. AES Solar and certain other unconsolidated businesses are accounted for using the equity method of accounting; therefore, their operating results are included in “Net Equity in Earnings of Affiliates” on the face of the Condensed Consolidated Statements of Operations, not in revenue or gross margin. “Corporate and Other” also includes corporate overhead costs which are not directly associated with the operations of our seven reportable segments and other intercompany charges such as self-insurance premiums which are fully eliminated in consolidation. The Company uses adjusted gross margin, a non-GAAP measure, to evaluate the performance of its segments. Adjusted gross margin is defined by the Company as gross margin plus depreciation and amortization less general and administrative expenses. Total revenue includes intersegment sales related to the transfer of electricity from generation plants to utilities within Latin America. No material intersegment revenue relationships exist between other segments. Corporate allocations include certain self-insurance activities which are reflected within segment adjusted gross margin. All intra-segment activity has been eliminated with respect to revenue and adjusted gross margin within the segment. Intersegment activity has been eliminated within the total consolidated results. Asset information for businesses that were discontinued or classified as held for sale as of September 30, 2012 is segregated and is shown in the line “Discontinued Businesses” in the accompanying segment tables.
CY2011Q3 us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
4637000000 USD
CY2012Q3 us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
4859000000 USD
CY2012Q3 us-gaap Revenues From Transactions With Other Operating Segments Of Same Entity
RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity
-272000000 USD
CY2011Q3 us-gaap Revenues From Transactions With Other Operating Segments Of Same Entity
RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity
-330000000 USD
CY2011Q3 us-gaap Revenues
Revenues
4307000000 USD
CY2012Q3 us-gaap Revenues
Revenues
4587000000 USD
us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
13751000000 USD
us-gaap Revenues From Transactions With Other Operating Segments Of Same Entity
RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity
-853000000 USD
us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
14346000000 USD
us-gaap Revenues From Transactions With Other Operating Segments Of Same Entity
RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity
-827000000 USD
us-gaap Revenues
Revenues
13519000000 USD
us-gaap Revenues
Revenues
12898000000 USD
CY2012Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
327000000 USD
CY2011Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
303000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1019000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
879000000 USD
CY2012Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.14 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
1.87 pure
CY2012Q3 aes Revenue From Discontinued Operation During Phase Out Period Before Income Tax
RevenueFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
1000000 USD
CY2012Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
1000000 USD
CY2011Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
-44000000 USD
CY2011Q3 aes Revenue From Discontinued Operation During Phase Out Period Before Income Tax
RevenueFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
181000000 USD
aes Revenue From Discontinued Operation During Phase Out Period Before Income Tax
RevenueFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
48000000 USD
us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
3000000 USD
us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
-66000000 USD
aes Revenue From Discontinued Operation During Phase Out Period Before Income Tax
RevenueFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
546000000 USD
aes Business Acquisition Pro Forma Adjustments Net Of Tax Total
BusinessAcquisitionProFormaAdjustmentsNetOfTaxTotal
73000000 USD
CY2011Q3 aes Business Acquisition Pro Forma Adjustments Net Of Tax Total
BusinessAcquisitionProFormaAdjustmentsNetOfTaxTotal
-5000000 USD
CY2012Q1 aes Disposal Group Not Discontinued Operation Ownership Interest Sold
DisposalGroupNotDiscontinuedOperationOwnershipInterestSold
0.80 pure
CY2012Q1 aes Disposal Group Not Discontinued Operation Generation Capacity
DisposalGroupNotDiscontinuedOperationGenerationCapacity
1199 MW
CY2012Q1 aes Disposal Group Not Discontinued Operation Net Proceeds From Sale
DisposalGroupNotDiscontinuedOperationNetProceedsFromSale
229000000 USD
CY2012Q1 aes Disposal Group Not Discontinued Operation Cost Recovery
DisposalGroupNotDiscontinuedOperationCostRecovery
95000000 USD
CY2012Q1 aes Disposal Group Not Discontinued Operation Additional Purchase Option Cost
DisposalGroupNotDiscontinuedOperationAdditionalPurchaseOptionCost
37000000 USD
CY2012Q1 aes Disposal Group Not Discontinued Operation Proceeds Received At Closing
DisposalGroupNotDiscontinuedOperationProceedsReceivedAtClosing
38000000 USD
CY2012Q1 aes Disposal Group Not Discontinued Operation Proceeds Received At Closing
DisposalGroupNotDiscontinuedOperationProceedsReceivedAtClosing
28000000 EUR
CY2012Q1 aes Disposal Group Not Discontinued Operation Additional Purchase Option Cost
DisposalGroupNotDiscontinuedOperationAdditionalPurchaseOptionCost
28000000 EUR
CY2012Q1 aes Disposal Group Not Discontinued Operation Cost Recovery
DisposalGroupNotDiscontinuedOperationCostRecovery
71000000 EUR
CY2012Q1 aes Disposal Group Not Discontinued Operation Net Proceeds From Sale
DisposalGroupNotDiscontinuedOperationNetProceedsFromSale
172000000 EUR
CY2012Q1 aes Disposal Group Not Discontinued Operation Interest Available For Purchase At Option Of Acquirer
DisposalGroupNotDiscontinuedOperationInterestAvailableForPurchaseAtOptionOfAcquirer
0.20 pure
CY2012Q1 aes Disposal Group Not Discontinued Operation Ownership Interest Prior To Sale
DisposalGroupNotDiscontinuedOperationOwnershipInterestPriorToSale
0.7081 pure
CY2012Q1 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
178000000 USD
CY2012Q1 aes Disposal Group Not Discontinued Operation Deferred Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationDeferredGainLossOnDisposal
9000000 USD
CY2012Q3 aes Disposal Not Discontinued Operation Net Proceeds From Sale
DisposalNotDiscontinuedOperationNetProceedsFromSale
42000000 USD
CY2012Q3 aes Proceeds From Sale Of China Equity Method Investments
ProceedsFromSaleOfChinaEquityMethodInvestments
86000000 USD
CY2012Q3 aes Gain On Sale Of China Equity Method Investments
GainOnSaleOfChinaEquityMethodInvestments
178000000 USD
CY2012Q3 aes Income Loss From Continuing Operations Diluted
IncomeLossFromContinuingOperationsDiluted
-1569000000 USD
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
747000000 shares
CY2012Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2012Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
747000000 shares
CY2011Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
778000000 shares
CY2011Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2011Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2011Q3 aes Income Loss From Continuing Operations Diluted
IncomeLossFromContinuingOperationsDiluted
-68000000 USD
CY2011Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
778000000 shares
CY2012Q3 aes Dilutive Securities Restrictive Stock Units Per Share
DilutiveSecuritiesRestrictiveStockUnitsPerShare
CY2011Q3 aes Dilutive Securities Restrictive Stock Units Per Share
DilutiveSecuritiesRestrictiveStockUnitsPerShare
0
us-gaap Weighted Average Number Of Shares Outstanding Basic
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759000000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
759000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
783000000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
1000000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
787000000 shares
aes Income Loss From Continuing Operations Diluted
IncomeLossFromContinuingOperationsDiluted
-1155000000 USD
aes Income Loss From Continuing Operations Diluted
IncomeLossFromContinuingOperationsDiluted
360000000 USD
aes Dilutive Securities Restrictive Stock Units Per Share
DilutiveSecuritiesRestrictiveStockUnitsPerShare
0
aes Dilutive Securities Restrictive Stock Units Per Share
DilutiveSecuritiesRestrictiveStockUnitsPerShare
0
aes Incremental Common Shares Attributable To Director Stock Units
IncrementalCommonSharesAttributableToDirectorStockUnits
0 shares
aes Incremental Common Shares Attributable To Director Stock Units
IncrementalCommonSharesAttributableToDirectorStockUnits
0 shares
aes Dilutive Securities Director Stock Units Per Share
DilutiveSecuritiesDirectorStockUnitsPerShare
0
aes Dilutive Securities Director Stock Units Per Share
DilutiveSecuritiesDirectorStockUnitsPerShare
0
CY2012Q3 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
246715 shares
us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
1013872 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1290732 shares

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