The AES Corporation (AES) 10-K 1 Mar 23 2022 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2022	Feb. 27, 2023	Jun. 30, 2022	Dec. 31, 2021
Document Type	10-K
City Area Code	(703)
Entity Address, Address Line One	4300 Wilson Boulevard
Entity Incorporation, State or Country Code	DE
Document Transition Report	false
Document Quarterly Report	true
Amendment Flag	false
Document Period End Date	Dec. 31, 2022
Entity File Number	1-12291
Common Stock, Value, Issued	$ (8,000,000)		$ (21.01)	$ (8,000,000)
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Entity Registrant Name	THE AES CORPORATION
Entity Central Index Key	0000874761
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Common Stock, Shares Outstanding		668,824,617
Entity current reporting status	Yes
Entity Interactive Data Current	Yes
Entity Shell Company	false
Entity voluntary filers	No
Entity Well Known Seasoned Issuer	Yes
Entity Public Float			$ 14,030,000,000
Common Stock, Par or Stated Value Per Share	$ 0.01			$ 0.01
Entity Tax Identification Number	54-1163725
Entity Address, City or Town	Arlington,
Entity Address, State or Province	VA
Entity Address, Postal Zip Code	22203
Local Phone Number	522-1315
ICFR Auditor Attestation Flag	true
Common Stock [Member]
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	AES
Security Exchange Name	NYSE
Corporate Units [Domain]
Title of 12(b) Security	Corporate Units
Trading Symbol	AESC
Security Exchange Name	NYSE

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2022
Auditor [Line Items]
Auditor Name	Ernst & Young LLP
Auditor Location	Tysons, Virginia
Auditor Firm ID	42

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2022	Dec. 31, 2021
CURRENT ASSETS
Cash and cash equivalents	$ 1,374,000,000	$ 943,000,000
Restricted cash	536,000,000	304,000,000
Short-term investments	730,000,000	232,000,000
Accounts receivable, net of allowance for doubtful accounts of $5 and $5, respectively	1,799,000,000	1,418,000,000
Inventory	1,055,000,000	604,000,000
Prepaid expenses	98,000,000	142,000,000
Other current assets, net of CECL allowance of $2 and $0, respectively	1,533,000,000	897,000,000
Current held-for-sale assets	518,000,000	816,000,000
Total current assets	7,643,000,000	5,356,000,000
Property, Plant and Equipment:
Land	470,000,000	426,000,000
Electric generation, distribution assets and other	26,599,000,000	25,552,000,000
Accumulated depreciation	(8,651,000,000)	(8,486,000,000)
Construction in progress	4,621,000,000	2,414,000,000
Property, plant and equipment, net	23,039,000,000	19,906,000,000
Other Assets:
Investments in and advances to affiliates	952,000,000	1,080,000,000
Debt service reserves and other deposits	177,000,000	237,000,000
Goodwill	362,000,000	1,177,000,000
Other intangible assets, net of accumulated amortization of $434 and $385, respectively	1,841,000,000	1,450,000,000
Deferred Tax Assets, Tax Deferred Expense	319,000,000	409,000,000
Loan receivable, net of allowance of $26	1,051,000,000	0
Other noncurrent assets, net of allowance of $51 and $23, respectively	2,979,000,000	2,188,000,000
Noncurrent held-for-sale assets	0	1,160,000,000
Total other assets	7,681,000,000	7,701,000,000
TOTAL ASSETS	38,363,000,000	32,963,000,000
CURRENT LIABILITIES
Accounts payable	1,730,000,000	1,153,000,000
Accrued interest	249,000,000	182,000,000
Accrued non-income taxes	249,000,000	266,000,000
Accrued and other liabilities	2,151,000,000	1,205,000,000
Non-recourse debt, including $416 and $302, respectively, related to variable interest entities	1,758,000,000	1,367,000,000
Current held-for-sale liabilities	354,000,000	559,000,000
Total current liabilities	6,491,000,000	4,732,000,000
NONCURRENT LIABILITIES
Recourse debt	3,894,000,000	3,729,000,000
Non-recourse debt, including $2,295 and $2,223, respectively, related to variable interest entities	17,846,000,000	13,603,000,000
Deferred income taxes	1,139,000,000	977,000,000
Other noncurrent liabilities	3,168,000,000	3,358,000,000
Noncurrent held-for-sale liabilities	0	740,000,000
Total noncurrent liabilities	26,047,000,000	22,407,000,000
Commitments and Contingencies (see Notes 12 and 13)
Redeemable stock of subsidiaries	1,321,000,000	1,257,000,000
THE AES CORPORATION STOCKHOLDERS’ EQUITY
Preferred stock (without par value, 50,000,000 shares authorized; 1,043,050 issued and outstanding at December 31, 2022 and December 31, 2021)	838,000,000	838,000,000
Common stock ($0.01 par value, 1,200,000,000 shares authorized; 818,790,001 issued and 668,743,464 outstanding at December 31, 2022 and 818,717,043 issued and 666,793,625 outstanding at December 31, 2021)	8,000,000	8,000,000
Additional paid-in capital	6,688,000,000	7,106,000,000
Accumulated deficit	(1,635,000,000)	(1,089,000,000)
Accumulated other comprehensive loss	(1,640,000,000)	(2,220,000,000)
Treasury stock, at cost (150,046,537 and 151,923,418 shares at December 31, 2022 and December 31, 2021, respectively)	(1,822,000,000)	(1,845,000,000)
Total AES Corporation stockholders’ equity	2,437,000,000	2,798,000,000
NONCONTROLLING INTERESTS	2,067,000,000	1,769,000,000
Total equity	4,504,000,000	4,567,000,000
TOTAL LIABILITIES AND EQUITY	38,363,000,000	32,963,000,000
Consolidated Variable Interest Entities [Member]
CURRENT LIABILITIES
Non-recourse debt, including $416 and $302, respectively, related to variable interest entities	416,000,000	302,000,000
NONCURRENT LIABILITIES
Non-recourse debt, including $2,295 and $2,223, respectively, related to variable interest entities	$ 2,295,000,000	$ 2,223,000,000

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenues	$ 12,617	$ 11,141	$ 9,660
Cost of Goods and Services Sold	10,069	8,430	6,967
Operating margin	2,548	2,711	2,693
General and administrative expenses	(207)	(166)	(165)
Interest expense	(1,117)	(911)	(1,038)
Interest income	389	298	268
Gain (Loss) on Extinguishment of Debt	(15)	(78)	(186)
Other expense	68	60	53
Other income	102	410	75
Loss on disposal and sale of business interests	(9)	(1,683)	(95)
Goodwill impairment expense	(777)	0	0
Asset impairment expense	(763)	(1,575)	(864)
Foreign currency transaction gains (losses)	(77)	(10)	55
Other non-operating expense	(175)	0	(202)
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE TAXES AND EQUITY IN EARNINGS OF AFFILIATES	(169)	(1,064)	488
Income tax benefit (expense)	(265)	133	(216)
Net equity in losses of affiliates	(71)	(24)	(123)
INCOME (LOSS) FROM CONTINUING OPERATIONS	(505)	(955)	149
Gain from disposal of discontinued businesses, net of income tax expense of $0, $1, and $0, respectively	0	4	3
NET INCOME (LOSS)	(505)	(951)	152
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION	(546)	(409)	46
Income (loss) from continuing operations, net of tax	(546)	(413)	43
AMOUNTS ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS:
Income (loss) from continuing operations, net of tax	(546)	(413)	43
Income from discontinued operations, net of tax	0	4	3
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION	$ (546)	$ (409)	$ 46
BASIC EARNINGS PER SHARE:
Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax	$ (0.82)	$ (0.62)	$ 0.06
Income from discontinued operations attributable to The AES Corporation common stockholders, net of tax	0	0.01	0.01
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS	(0.82)	(0.61)	0.07
DILUTED EARNINGS PER SHARE:
Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax	(0.82)	(0.62)	0.06
Income from discontinued operations attributable to The AES Corporation common stockholders, net of tax	0	0.01	0.01
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS	$ (0.82)	$ (0.61)	$ 0.07
Electricity, Generation [Member]
Revenues	$ 9,079	$ 8,273	$ 6,999
Cost of Goods and Services Sold	6,907	5,982	4,732
Electric Distribution [Member]
Revenues	3,538	2,868	2,661
Cost of Goods and Services Sold	$ 3,162	$ 2,448	$ 2,235

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Statement of Comprehensive Income [Abstract]
NET INCOME (LOSS)	$ (505)	$ (951)	$ 152
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax [Abstract]
Foreign currency translation adjustments, net of income tax expense of $0, $0, and $8, respectively	(36)	(130)	(52)
Reclassification to earnings, net of $0 income tax for all periods	0	3	192
Total foreign currency translation adjustments	(36)	(127)	140
Derivative activity:
Change in derivative fair value, net of income tax (expense) benefit of $(191), $1, and $110, respectively	711	5	(368)
Reclassification to earnings, net of income tax expense of $9, $105, and $17, respectively	(59)	(387)	(74)
Total change in fair value of derivatives	770	392	(294)
Pension activity:
Prior service cost for the period, net of income tax expense of $0, $0 and $1, respectively	0	0	1
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, after Tax	13	26	(14)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, after Tax	1	1	0
Total pension adjustments	14	27	(13)
OTHER COMPREHENSIVE INCOME (LOSS)	748	292	(167)
COMPREHENSIVE INCOME (LOSS)	243	(659)	(15)
Less: Comprehensive loss (income) attributable to noncontrolling interests and redeemable stock of subsidiaries	(127)	438	4
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION	$ 116	$ (221)	$ (11)

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity - USD ($) $ in Millions	Total	Common Stock [Member]	Treasury Stock	Additional Paid-in Capital [Member]	Additional Paid-in Capital [Member] Cumulative Effect, Period of Adoption, Adjustment	Retained Earnings (Accumulated Deficit)	Retained Earnings (Accumulated Deficit) Cumulative Effect, Period of Adoption, Adjustment	AOCI Attributable to Parent [Member]	AOCI Attributable to Parent [Member] Cumulative Effect, Period of Adoption, Adjustment	Noncontrolling Interest [Member]	Noncontrolling Interest [Member] Cumulative Effect, Period of Adoption, Adjustment	Preferred Stock
Beginning Balance at Dec. 31, 2019		$ 8	$ (1,867)	$ 7,776		$ (692)		$ (2,229)		$ 2,233		$ 0
Beginning Balance (Shares) at Dec. 31, 2019		817,800,000	153,900,000									0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	$ 152			0		46		0		98
Total foreign currency translation adjustment, net of income tax	140			0		0		192		(52)
Total change in derivative fair value, net of income tax				0		0		(237)		(29)
Total pension adjustments, net of income tax	(13)			0		0		(12)		(1)
OTHER COMPREHENSIVE INCOME (LOSS)	(167)							(57)		(82)
Fair value adjustment (2)				(4)		0		0		0
Gain (Loss) on Disposition of Business	$ (95)
Distributions to noncontrolling interests				0		0		0		419
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests				(89)		0		(121)		(49)
Sales to noncontrolling interests				260		0		9		210
Dividends, Common Stock, Cash				(386)		0		0		0
Stock Issued and exercised during period, shares, share-based compensation		600,000	(900,000)
Issuance and exercise of stock-based compensation benefit plans, net of income tax		$ 0	$ 9	4		0		0		0
Ending Balance at Dec. 31, 2020		$ 8	$ (1,858)	7,561		(680)		(2,397)		2,086	$ (16)	$ 0
Ending Balance (Shares) at Dec. 31, 2020		818,400,000	153,000,000									0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stockholders' Equity Attributable to Parent					$ 0		$ (34)		$ 0
Noncontrolling Interest, Amount Represented by Preferred Stock				0		0		1		111
Common Stock, Dividends, Per Share, Declared	$ 0.6095
Net income (loss)	$ (951)			0		(409)		0		(536)
Total foreign currency translation adjustment, net of income tax	(127)			0		0		(83)		(44)
Total change in derivative fair value, net of income tax				0		0		247		126
Total pension adjustments, net of income tax	27			0		0		24		3
OTHER COMPREHENSIVE INCOME (LOSS)	292							188		85
Fair value adjustment (2)				(4)		0		0		0
Gain (Loss) on Disposition of Business	(1,683)
Disposition of business interests (3)		$ 0	$ 0	0		0		0		(132)
Distributions to noncontrolling interests				0		0		0		281
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests				(9)		0		(11)		(4)
Contributions from noncontrolling interests				0		0		0		220
Sales to noncontrolling interests				(7)		0		0		180
Proceeds from Issuance of Preferred Stock and Preference Stock				(29)
Dividends, Common Stock, Cash		$ 0	$ 0	(406)		0		0		0
Stock Issued and exercised during period, shares, share-based compensation		300,000	(1,000,000)
Issuance and exercise of stock-based compensation benefit plans, net of income tax		$ 0	$ 13	0		0		0		0
Ending Balance at Dec. 31, 2021	4,567	$ 8	$ (1,845)	7,106		(1,089)		(2,220)		1,769		$ 838
Ending Balance (Shares) at Dec. 31, 2021		818,700,000	152,000,000									1,000,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stockholders' Equity Attributable to Parent	2,798
Noncontrolling Interest, Amount Represented by Preferred Stock				0		0		0		151
Preferred Stock, Shares Issued												1,000,000
Preferred stock (without par value, 50,000,000 shares authorized; 1,043,050 issued and outstanding at December 31, 2022 and December 31, 2021)	$ 838											$ 838
Common Stock, Dividends, Per Share, Declared	$ 0.6399
Net income (loss)	$ (505)			0		(546)		0		128
Total foreign currency translation adjustment, net of income tax	(36)			0		0		(37)		1
Total change in derivative fair value, net of income tax				0		0		689		41
Total pension adjustments, net of income tax	14			0		0		10		4
OTHER COMPREHENSIVE INCOME (LOSS)	748							662		46
Gain (Loss) on Disposition of Business	(9)
Distributions to noncontrolling interests				0		0		0		200
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests				(78)		0		(80)		(387)
Contributions from noncontrolling interests				0		0		0		178
Sales to noncontrolling interests				78		0		(2)		473
Dividends, Common Stock, Cash				(428)		0		0		0
Stock Issued and exercised during period, shares, share-based compensation		100,000	(2,000,000)
Issuance and exercise of stock-based compensation benefit plans, net of income tax		$ 0	$ 23	10		0		0		0
Ending Balance at Dec. 31, 2022	4,504	$ 8	$ (1,822)	6,688		(1,635)		(1,640)		2,067		$ 838
Ending Balance (Shares) at Dec. 31, 2022		818,800,000	150,000,000									1,000,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adjustments to Additional Paid in Capital, Other	13
Stockholders' Equity Attributable to Parent	$ 2,437
Noncontrolling Interest, Amount Represented by Preferred Stock				$ 0		$ 0		$ 0		$ 60
Preferred Stock, Shares Issued	1,043,050
Preferred stock (without par value, 50,000,000 shares authorized; 1,043,050 issued and outstanding at December 31, 2022 and December 31, 2021)	$ 838

Consolidated Statements of Cash

Consolidated Statements of Cash Flows $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
OPERATING ACTIVITIES:
Net income (loss)	$ (505)	$ (951)	$ 152
Adjustments to net income (loss):
Depreciation and amortization	1,053	1,056	1,068
Loss on disposal and sale of business interests	9	1,683	95
Impairment expense	1,715	1,575	1,066
Deferred income taxes	4	(406)	(233)
Reversals of contingencies	1	10	186
Loss on extinguishment of debt	15	78	186
Gain on remeasurement to acquisition date fair value	(5)	(254)	0
Loss of affiliates, net of dividends	111	36	128
Emissions allowance expense	425	337	135
Other	183	120	54
Changes in operating assets and liabilities:
(Increase) decrease in accounts receivable	(532)	(170)	48
(Increase) decrease in inventory	(417)	(93)	(20)
(Increase) decrease in prepaid expenses and other current assets	(40)	(168)	13
(Increase) decrease in other assets	433	(285)	(134)
Increase (decrease) in accounts payable and other current liabilities	470	(251)	(186)
Increase (decrease) in income tax payables, net and other tax payables	(51)	(271)	59
Increase (decrease) in deferred income	33	(314)	431
Increase (decrease) in other liabilities	(185)	190	79
Net cash provided by operating activities	2,715	1,902	2,755
INVESTING ACTIVITIES:
Capital expenditures	(4,551)	(2,116)	(1,900)
Acquisitions of business interests, net of cash and restricted cash acquired	(243)	(658)	(136)
Proceeds from the sale of business interests, net of cash and restricted cash sold	1	95	169
Sale of short-term investments	1,049	616	627
Purchase of short-term investments	(1,492)	(519)	(653)
Contributions and loans to equity affiliates	(232)	(427)	(332)
Affiliate repayments and returns of capital	149	320	158
Purchase of emissions allowances	488	265	188
Other investing	(29)	(97)	(40)
Net cash used in investing activities	(5,836)	(3,051)	(2,295)
FINANCING ACTIVITIES:
Borrowings under the revolving credit facilities	5,424	2,802	2,420
Repayments under the revolving credit facilities	(4,687)	(2,420)	(2,479)
Issuance of recourse debt	200	7	3,419
Repayments of recourse debt	(29)	(26)	(3,366)
Issuance of non-recourse debt	5,788	1,644	4,680
Repayments of non-recourse debt	(3,144)	(2,012)	(4,136)
Payments for financing fees	(120)	(32)	(107)
Purchases under supplier financing arrangements	(1,042)	(91)	(72)
Repayments of obligations under supplier financing arrangements	432	35	96
Distributions to noncontrolling interests	(265)	(284)	(422)
Acquisitions of noncontrolling interests	602	117	259
Contributions from noncontrolling interests	233	365	1
Sales to noncontrolling interests	742	173	553
Issuance of preferred shares in subsidiaries	60	153	112
Issuance of preferred stock	0	1,014	0
Dividends paid on AES common stock	(422)	(401)	(381)
Payments for financed capital expenditures	(33)	(24)	(60)
Other financing	3	(101)	(29)
Net cash provided by (used in) financing activities	3,758	797	(78)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(56)	(46)	(24)
(Increase) decrease in cash, cash equivalents and restricted cash of held-for-sale businesses	22	55	(103)
Total increase (decrease) in cash, cash equivalents and restricted cash	603	(343)	255
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Beginning	1,484	1,827	1,572
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Ending	2,087	1,484	1,827
SUPPLEMENTAL DISCLOSURES:
Cash payments for interest, net of amounts capitalized	928	815	908
Cash payments for income taxes, net of refunds	271	459	333
SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES:
Dividends declared but not yet paid	111	105	100
Notes payable issued for the acquisition of business interests (see Notes 17 and 25)	0	258	47
AES Clean Energy | Non-cash [Member]
SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES:
Contribution of Property	$ 0	$ 118	$ 0

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Accounts Receivable, Allowance for Credit Loss, Current	$ 5,000,000	$ 5,000,000
Finite-Lived Intangible Assets, Accumulated Amortization	434,000,000	385,000,000
Loans and Leases Receivable, Allowance	26,000,000	26,000,000
Other Noncurrent Assets, Allowance	51,000,000	23,000,000
Non Recourse Debt Current	1,758,000,000	1,367,000,000
Non Recourse Debt Non Current	$ 17,846,000,000	$ 13,603,000,000
Preferred Stock, Shares Authorized	50,000,000
Preferred Stock, Shares Issued	1,043,050
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	1,200,000,000	1,200,000,000
Common stock, shares issued (in shares)	818,790,001	818,717,043
Common stock, shares outstanding (in shares)	668,743,464	666,793,625
Treasury stock, shares (in shares)	150,046,537	151,923,418
Preferred stock (without par value, 50,000,000 shares authorized; 1,043,050 issued and outstanding at December 31, 2022 and December 31, 2021)	$ 838,000,000	$ 838,000,000
Common stock ($0.01 par value, 1,200,000,000 shares authorized; 818,790,001 issued and 668,743,464 outstanding at December 31, 2022 and 818,717,043 issued and 666,793,625 outstanding at December 31, 2021)	8,000,000	8,000,000
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loans and Leases Receivable, Allowance	26,000,000	26,000,000
Consolidated Variable Interest Entities [Member]
Non Recourse Debt Current	416,000,000	302,000,000
Non Recourse Debt Non Current	2,295,000,000	2,223,000,000
Accounts Receivable
Accounts Receivable, Allowance for Credit Loss, Current	$ 3,000,000	$ 9,000,000

Consolidated Statements of Op_2

Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Gain (loss) from disposal of discontinued businesses, income tax benefit (expense)	$ 0	$ (1)	$ 0
Goodwill impairment expense	(777)	0	0
Net Income (Loss) Attributable to Noncontrolling Interest	(41)	542
Income (loss) from continuing operations, net of tax	$ (546)	$ (413)	$ 43

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Other Comprehensive Income (Loss), Foreign Currency Translation Gain (Loss) Arising During Period, Tax	$ 0	$ 0	$ 8
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Tax	0	0	0
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Tax	(191)	1	110
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax	(9)	(105)	(17)
Other Comprehensive (Income) Loss, Defined Benefit Plan, Prior Service Cost (Credit), Tax	0	0	0
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, Tax	$ (1)	$ (3)	$ 0

General and Summary of Signific

General and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
New Accounting Pronouncements Not Yet Adopted	New Accounting Pronouncements Issued But Not Yet Effective — The following table provides a brief description of recent accounting pronouncements that could have a material impact on the Company’s consolidated financial statements once adopted. Accounting pronouncements not listed below were assessed and determined to be either not applicable or are expected to have no material impact on the Company’s consolidated financial statements. New Accounting Standards Issued But Not Yet Effective ASU Number and Name Description Date of Adoption Effect on the financial statements upon adoption 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers This update is to improve the accounting for acquired revenue contracts with customers in a business combination by addressing diversity in practice and inconsistency related to the following: 1. Recognition of an acquired contract liability 2. Payment terms and their effect on subsequent revenue recognized by the acquirer. Early adoption of the amendments is permitted, including adoption in an interim period. An entity that early adopts in an interim period should apply the amendments (1) retrospectively to all business combinations for which the acquisition date occurs on or after the beginning of the fiscal year that includes the interim period of early application and (2) prospectively to all business combinations that occur on or after the date of initial application. For fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. The Company is currently evaluating the impact of adopting the standard on its consolidated financial statements. 2022-04,Liabilities - Supplier Finance Programs (Topic 450-50): Disclosure of Supplier Finance Program Obligations This update is to provide additional information and disclosures about an entity’s use of supplier finance programs to see how these programs will affect an entity’s working capital, liquidity, and cash flows. Entities that use supplier finance programs as the buyer party should disclose (1) the key terms of the payment terms and assets pledged as security or other forms of guarantees provided and (2) the unpaid amount outstanding, a description of where those obligations are presented on the balance sheet, and a rollforward of those obligations during the annual period. In each interim reporting period, the buyer must disclose the unpaid amount outstanding at the end of the interim period. For fiscal years beginning after December 15, 2022, including interim periods within those fiscal years, except for the amendment on rollforward information, which is effective for fiscal years beginning after December 15, 2023. The ASU only requires disclosures related to the Company's supplier finance programs and does not affect the recognition, measurement, or presentation of supplier finance program obligations on the balance sheet or cash flow statement. The Company expects to adopt the new disclosure requirements in the first quarter of 2023, except for the annual requirement to disclose rollforward information, which the Company expects to adopt and present prospectively beginning in the 2024 annual financial statements.

Inventory

Inventory	12 Months Ended
	Dec. 31, 2022
Inventory Disclosure [Abstract]
INVENTORY	INVENTORY Inventory is valued primarily using the average-cost method. The following table summarizes the Company's inventory balances as of the dates indicated (in millions): December 31, 2022 2021 Fuel and other raw materials $ 733 $ 366 Spare parts and supplies 322 238 Total $ 1,055 $ 604

Property Plant and Equipment

Property Plant and Equipment	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT	PROPERTY, PLANT AND EQUIPMENTThe following table summarizes the components of the electric generation and distribution assets and other property, plant and equipment (in millions) with their estimated useful lives (in years). The amounts are stated net of all prior asset impairment losses recognized. Estimated Useful Life December 31, (in years) 2022 2021 Electric generation and distribution facilities 5-39 $ 24,135 $ 22,909 Other buildings 3-51 1,197 1,552 Furniture, fixtures and equipment 3-30 348 356 Other 1-40 919 735 Total electric generation and distribution assets and other 26,599 25,552 Accumulated depreciation (8,651) (8,486) Net electric generation and distribution assets and other $ 17,948 $ 17,066 The following table summarizes depreciation expense (including the amortization of assets recorded under finance leases and the amortization of asset retirement obligations) and interest capitalized during development and construction on qualifying assets for the periods indicated (in millions): Years Ended December 31, 2022 2021 2020 Depreciation expense $ 982 $ 972 $ 1,004 Interest capitalized during development and construction 224 226 307 Property, plant and equipment, net of accumulated depreciation, of $9 billion was mortgaged, pledged or subject to liens as of both December 31, 2022 and 2021, including assets classified as held-for-sale. The following table summarizes regulated and non-regulated generation and distribution property, plant and equipment and accumulated depreciation as of the dates indicated (in millions): December 31, 2022 2021 Regulated generation and distribution assets and other, gross $ 9,709 $ 9,151 Regulated accumulated depreciation (4,067) (3,655) Regulated generation and distribution assets and other, net 5,642 5,496 Non-regulated generation and distribution assets and other, gross 16,890 16,401 Non-regulated accumulated depreciation (4,584) (4,831) Non-regulated generation and distribution assets and other, net 12,306 11,570 Net electric generation and distribution assets and other $ 17,948 $ 17,066

Asset Retirement Obligation (No

Asset Retirement Obligation (Notes)	12 Months Ended
	Dec. 31, 2022
Asset Retirement Obligation Disclosure [Abstract]
Asset Retirement Obligation Disclosure [Text Block]	ASSET RETIREMENT OBLIGATIONS The following table presents amounts recognized related to asset retirement obligations for the periods indicated (in millions): 2022 2021 Balance at January 1 $ 606 $ 462 Additional liabilities incurred 97 27 Liabilities assumed in acquisition 15 96 Liabilities settled (29) (15) Accretion expense 30 22 Change in estimated cash flows 35 13 Other 3 1 Balance at December 31 $ 757 $ 606 The Company's asset retirement obligations include active ash landfills, water treatment basins and the removal or dismantlement of certain plants and equipment. The Company uses the cost approach to determine the initial value of ARO liabilities, which is estimated by discounting expected cash outflows to their present value using market-based rates at the initial recording of the liabilities. Cash outflows are based on the approximate future disposal costs as determined by market information, historical information or other management estimates. Subsequent downward revisions of ARO liabilities are discounted using the market-based rates that existed when the liability was initially recognized. These inputs to the fair value of the ARO liabilities are considered Level 3 inputs under the fair value hierarchy. During the year ended December 31, 2022, the Company increased the asset retirement obligations and corresponding assets at Southland Energy, AES Clean Energy, AES Indiana, and AES Brasil by $75 million, $27 million, $27 million, and $16 million, respectively. The increase at Southland Energy is mostly due to additional liabilities incurred related to a demolition obligation at Alamitos. The increase at AES Clean Energy is mostly due to additional liabilities incurred as a result of new development projects. The increase at AES Indiana is primarily due to an upward revision of estimated cash flows at the Petersburg, Eagle Valley, and Harding Street plants. The increase at AES Brasil is primarily due to the initial recognition of asset retirement obligations as a result of the Cubico II acquisition. During the year ended December 31, 2021, the Company increased the asset retirement obligations and corresponding assets at AES Clean Energy and Chile by $93 million and $36 million, respectively. The increase at AES Clean Energy is mostly due to the initial recognition of asset retirement obligations as a result of the New York Wind acquisition. The increase in Chile is primarily due to shortened useful lives of the Ventanas and Angamos coal plants, additional liabilities incurred due to the development of the Andes Solar 2b plant, and an upward revision of estimated cash flows at the Los Cururos plant.

Fair Value

Fair Value	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
FAIR VALUE	FAIR VALUE The fair value of current financial assets and liabilities, debt service reserves, and other deposits approximate their reported carrying amounts. The estimated fair values of the Company's assets and liabilities have been determined using available market information. Because these amounts are estimates and based on hypothetical transactions to sell assets or transfer liabilities, the use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts. Valuation Techniques — The fair value measurement accounting guidance describes three main approaches to measuring the fair value of assets and liabilities: (1) market approach, (2) income approach, and (3) cost approach. The market approach uses prices and other relevant information generated from market transactions involving identical or comparable assets or liabilities. The income approach uses valuation techniques to convert future amounts to a single present value amount. The measurement is based on current market expectations of the return on those future amounts. The cost approach is based on the amount that would currently be required to replace an asset. The Company measures its investments and derivatives at fair value on a recurring basis. Additionally, in connection with annual or event-driven impairment evaluations, certain nonfinancial assets and liabilities are measured at fair value on a nonrecurring basis. These include long-lived tangible assets (i.e., property, plant and equipment), goodwill, and intangible assets (e.g., sales concessions, land use rights and water rights, etc.). In general, the Company determines the fair value of investments and derivatives using the market approach and the income approach, respectively. In the nonrecurring measurements of nonfinancial assets and liabilities, all three approaches are considered; however, the value estimated under the income approach is often the most representative of fair value. Investments — The Company's investments measured at fair value generally consist of marketable debt and equity securities. Equity securities are either measured at fair value using quoted market prices or based on comparisons to market data obtained for similar assets. Debt securities primarily consist of unsecured debentures and certificates of deposit held by our Brazilian subsidiaries. Returns and pricing on these instruments are generally indexed to the market interest rates in Brazil. Debt securities are measured at fair value based on comparisons to market data obtained for similar assets. Derivatives — Derivatives are measured at fair value using quoted market prices or the income approach utilizing volatilities, spot and forward benchmark interest rates (such as LIBOR, SOFR, and EURIBOR), foreign exchange rates, credit data, and commodity prices, as applicable. When significant inputs are not observable, the Company uses relevant techniques to determine the inputs, such as regression analysis or prices for similarly traded instruments available in the market. The Company's methodology to fair value its derivatives is to start with any observable inputs; however, in certain instances the published forward rates or prices may not extend through the remaining term of the contract, and management must make assumptions to extrapolate the curve, which necessitates the use of unobservable inputs, such as proxy commodity prices or historical settlements to forecast forward prices. Specifically, where there is limited forward curve data with respect to foreign exchange contracts beyond the traded points, the Company utilizes the interest rate differential approach to construct the remaining portion of the forward curve. Similarly, in certain instances, the spread that reflects the credit or nonperformance risk is unobservable, requiring the use of proxy yield curves of similar credit quality. To determine the fair value of a derivative, cash flows are discounted using the relevant spot benchmark interest rate. The Company then makes a credit valuation adjustment ("CVA"), as applicable, by further discounting the cash flows for nonperformance or credit risk based on the observable or estimated debt spread of the Company's subsidiary or its counterparty and the tenor of the respective derivative instrument. The CVA for potential future scenarios in which the derivative is in an asset position is based on the counterparty's credit ratings, credit default swap spreads, and debt spreads, as available. The CVA for potential future scenarios in which the derivative is in a liability position is based on the Parent Company's or the subsidiary's current debt spread. In the absence of readily obtainable credit information, the Parent Company's or the subsidiary's estimated credit rating (based on applying a standard industry model to historical financial information and then considering other relevant information) and spreads of comparably rated entities or the respective country's debt spreads are used as a proxy. All derivative instruments are analyzed individually and are subject to unique risk exposures. The fair value hierarchy of an asset or a liability is based on the level of significance of the input assumptions. An input assumption is considered significant if it affects the fair value by at least 10%. Assets and liabilities are classified as Level 3 when the use of unobservable inputs is significant. When the use of unobservable inputs is insignificant, assets and liabilities are classified as Level 2. Transfers between Level 3 and Level 2 result from changes in significance of unobservable inputs used to calculate the CVA. Debt — Recourse and non-recourse debt are carried at amortized cost. The fair value of recourse debt is estimated based on quoted market prices. The fair value of non-recourse debt is estimated based upon interest rates and other features of the loan. In general, the carrying amount of variable rate debt is a close approximation of its fair value. For fixed rate loans, the fair value is estimated using quoted market prices or discounted cash flow ("DCF") analyses. The fair value of recourse and non-recourse debt excludes accrued interest at the valuation date. The fair value was determined using available market information as of December 31, 2022. The Company is not aware of any factors that would significantly affect the fair value amounts subsequent to December 31, 2022. Nonrecurring measurements — For nonrecurring measurements derived using the income approach, fair value is generally determined using valuation models based on the principles of DCF. The income approach is most often used in the impairment evaluation of long-lived tangible assets, equity method investments, goodwill, and intangible assets. Where the use of market observable data is limited or not available for certain input assumptions, the Company develops its own estimates using a variety of techniques such as regression analysis and extrapolations. Depending on the complexity of a valuation, an independent valuation firm may be engaged to assist management in the valuation process. For nonrecurring measurements derived using the market approach, recent market transactions involving the sale of identical or similar assets are considered. The use of this approach is limited because it is often difficult to identify sale transactions of identical or similar assets. This approach is used in impairment evaluations of certain intangible assets. Otherwise, it is used to corroborate the fair value determined under the income approach. For nonrecurring measurements derived using the cost approach, fair value is typically based upon a replacement cost approach. This approach involves a considerable amount of judgment, which is why its use is limited to the measurement of long-lived tangible assets. Like the market approach, this approach is also used to corroborate the fair value determined under the income approach. Fair Value Considerations — In determining fair value, the Company considers the source of observable market data inputs, liquidity of the instrument, the credit risk of the counterparty, and the risk of the Company's or its counterparty's nonperformance. The conditions and criteria used to assess these factors are: Sources of market assumptions — The Company derives most of its market assumptions from market efficient data sources (e.g., Bloomberg and Reuters). To determine fair value where market data is not readily available, management uses comparable market sources and empirical evidence to develop its own estimates of market assumptions. Market liquidity — The Company evaluates market liquidity based on whether the financial or physical instrument, or the underlying asset, is traded in an active or inactive market. An active market exists if the prices are fully transparent to market participants, can be measured by market bid and ask quotes, the market has a relatively large proportion of trading volume as compared to the Company's current trading volume, and the market has a significant number of market participants that will allow the market to rapidly absorb the quantity of assets traded without significantly affecting the market price. Another factor the Company considers when determining whether a market is active or inactive is the presence of government or regulatory controls over pricing that could make it difficult to establish a market-based price when entering into a transaction. Nonperformance risk — Nonperformance risk refers to the risk that an obligation will not be fulfilled and affects the value at which a liability is transferred or an asset is sold. Nonperformance risk includes, but may not be limited to, the Company's or its counterparty's credit and settlement risk. Nonperformance risk adjustments are dependent on credit spreads, letters of credit, collateral, other arrangements available, and the nature of master netting arrangements. The Company is party to various interest rate swaps and options, foreign currency options and forwards, and derivatives and embedded derivatives, which subject the Company to nonperformance risk. The financial and physical instruments held at the subsidiary level are generally non-recourse to the Parent Company. Nonperformance risk on the investments held by the Company is incorporated in the fair value derived from quoted market data to mark the investments to fair value. Recurring Measurements — The following table presents, by level within the fair value hierarchy as described in Note 1— General and Summary of Significant Accounting Policies the Company's financial assets and liabilities that were measured at fair value on a recurring basis as of the dates indicated (in millions). For the Company's investments in marketable debt securities, the security classes presented were determined based on the nature and risk of the security and are consistent with how the Company manages, monitors, and measures its marketable securities: December 31, 2022 December 31, 2021 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Assets DEBT SECURITIES: Available-for-sale: Unsecured debentures $ — $ — $ — $ — $ — $ — $ — $ — Certificates of deposit — 698 — 698 — 199 — 199 Government debt securities — 3 — 3 — — — — Total debt securities — 701 — 701 — 199 — 199 EQUITY SECURITIES: Mutual funds 38 — — 38 31 13 — 44 Total equity securities 38 — — 38 31 13 — 44 DERIVATIVES: Interest rate derivatives — 314 — 314 — 51 2 53 Cross-currency derivatives — — — — — 5 — 5 Foreign currency derivatives — 22 64 86 — 29 108 137 Commodity derivatives — 232 13 245 — 32 6 38 Total derivatives — assets — 568 77 645 — 117 116 233 TOTAL ASSETS $ 38 $ 1,269 $ 77 $ 1,384 $ 31 $ 329 $ 116 $ 476 Liabilities DERIVATIVES: Interest rate derivatives $ — $ 6 $ — $ 6 $ — $ 286 $ 8 $ 294 Cross-currency derivatives — 42 — 42 — 11 — 11 Foreign currency derivatives — 20 — 20 — 35 — 35 Commodity derivatives — 346 60 406 — 37 7 44 Total derivatives — liabilities — 414 60 474 — 369 15 384 TOTAL LIABILITIES $ — $ 414 $ 60 $ 474 $ — $ 369 $ 15 $ 384 As of December 31, 2022, all available-for-sale debt securities had stated maturities within one year. For the years ended December 31, 2022 and 2021, no impairments of marketable securities were recognized in earnings or Other Comprehensive Income (Loss ). Gains and losses on the sale of investments are determined using the specific-identification method. The following table presents gross proceeds from sale of available-for-sale securities for the periods indicated (in millions): Year Ended December 31, 2022 2021 2020 Gross proceeds from sale of available-for-sale securities $ 1,065 $ 578 $ 582 The following tables present a reconciliation of net derivative assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the years ended December 31, 2022 and 2021 (presented net by type of derivative in millions). Transfers between Level 3 and Level 2 principally result from changes in the significance of unobservable inputs used to calculate the credit valuation adjustment. Year Ended December 31, 2022 Interest Rate Cross Currency Foreign Currency Commodity Total Balance at January 1 $ (6) $ — $ 108 $ (1) $ 101 Total realized and unrealized gains (losses): Included in earnings 4 — (26) — (22) Included in other comprehensive income — derivative activity 15 — (6) (54) (45) Included in regulatory (assets) liabilities — — — 8 8 Settlements (2) — (12) 2 (12) Transfers of assets/(liabilities), net into Level 3 (1) — — — (1) Transfers of (assets)/liabilities, net out of Level 3 (10) — — (2) (12) Balance at December 31 $ — $ — $ 64 $ (47) $ 17 Total gains (losses) for the period included in earnings attributable to the change in unrealized gains (losses) relating to assets and liabilities held at the end of the period $ 3 $ — $ (34) $ 5 $ (26) Year Ended December 31, 2021 Interest Rate Cross Currency Foreign Currency Commodity Total Balance at January 1 $ (236) $ (2) $ 146 $ 2 $ (90) Total realized and unrealized gains (losses): Included in earnings 13 (10) (7) (1) (5) Included in other comprehensive income — derivative activity 4 — (3) (5) (4) Included in regulatory (assets) liabilities — — — 1 1 Settlements 216 3 (28) (1) 190 Transfers of assets/(liabilities), net into Level 3 (3) — — 3 — Transfers of (assets)/liabilities, net out of Level 3 — 9 — — 9 Balance at December 31 $ (6) $ — $ 108 $ (1) $ 101 Total gains (losses) for the period included in earnings attributable to the change in unrealized gains (losses) relating to assets and liabilities held at the end of the period $ 2 $ 4 $ (35) $ — $ (29) The following table summarizes the significant unobservable inputs used for the Level 3 derivative assets (liabilities) as of December 31, 2022 (in millions, except range amounts): Type of Derivative Fair Value Unobservable Input Amount or Range (Weighted Average) Foreign currency: Argentine peso $ 64 Argentine peso to USD currency exchange rate after one year 323 - 742 (547) Commodity: CAISO Energy Swap (59) Forward energy prices per MWh after 2030 $7.06 - $64.78 ($34.71) Other 12 Total $ 17 For the Argentine peso foreign currency derivatives, increases (decreases) in the estimate of the above exchange rate would increase (decrease) the value of the derivative. For the CAISO Energy Swap, increases (decreases) in the estimate above would decrease (increase) the value of the derivative. Nonrecurring Measurements The Company measures fair value using the applicable fair value measurement guidance. Impairment expense is measured by comparing the fair value at the evaluation date to the then-latest available carrying amount. The following table summarizes our major categories of assets measured at fair value on a nonrecurring basis and their level within the fair value hierarchy (in millions): Year Ended December 31, 2022 Measurement Date Carrying Amount (1) Fair Value Pre-tax Loss Assets Level 1 Level 2 Level 3 Long-lived assets held and used: (2) Maritza 4/30/2022 $ 920 $ — $ — $ 452 $ 468 TEG TEP 10/1/2022 504 — — 311 193 Held-for-sale businesses: (3) Jordan (4) 9/30/2022 $ 216 $ — $ 170 $ — $ 51 Jordan (4) 12/31/2022 190 — 170 — 25 Goodwill: (5) AES Andes 10/1/2022 $ 644 $ — $ — $ — $ 644 AES El Salvador 10/1/2022 133 — — — 133 Equity method investments: (6) sPower 12/31/2022 $ 607 $ — $ — $ 432 $ 175 Year Ended December 31, 2021 Measurement Date Carrying Amount (1) Fair Value Pre-tax Loss Assets Level 1 Level 2 Level 3 Long-lived assets held and used: (2) Puerto Rico 3/31/2021 $ 548 $ — $ — $ 73 $ 475 Mountain View I & II 4/30/2021 78 — — 11 67 Ventanas 3 & 4 6/30/2021 661 — — 12 649 Angamos 6/30/2021 241 — — 86 155 Buffalo Gap III 12/31/2021 91 — — — 91 Buffalo Gap II 12/31/2021 73 — — — 73 Buffalo Gap I 12/31/2021 29 — — — 29 Dispositions and held-for-sale businesses: (3) Estrella del Mar I 9/30/2021 $ 17 $ — $ 6 $ — $ 11 Alto Maipo (7) 11/30/2021 2,339 — — 2,043 — _____________________________ (1) Represents the carrying values at the dates of initial measurement, before fair value adjustment. (2) See Note 22— Asset Impairment Expense for further information. (3) See Note 24 — Held-for-Sale and Dispositions for further information. (4) The pre-tax loss recognized was calculated using the $170 million fair value of the Jordan disposal group less cost to sell of $5 million. (5) See Note 9— Goodwill and Other Intangible Assets for further information. (6) See Note 8— Investments in and Advances to Affiliates for further information. (7) Fair value measurement performed for purposes of allocating $224 million of goodwill to the carrying amount of Alto Maipo in determining the loss on disposal. The goodwill allocation was determined based on the relative fair value of Alto Maipo, which was included in the AES Andes reporting unit. Note that the pre-tax loss column excludes the loss on disposal as this fair value measurement is only one component of such loss. See Note 24 — Held-for-Sale and Dispositions for further information. The following table summarizes the significant unobservable inputs used in the Level 3 measurement of long-lived assets held and used and equity method investments measured on a nonrecurring basis during the year ended December 31, 2022 (in millions, except range amounts): December 31, 2022 Fair Value Valuation Technique Unobservable Input Range (Weighted Average) Long-lived assets held and used: Maritza $ 452 Discounted cash flow Annual revenue growth (66)% to 11% (-11%) Annual variable margin (66)% to 23% (-1%) Discount rate 20% to 25% (21%) TEG TEP 311 Discounted cash flow Annual revenue growth (15)% to 2% (0%) Annual variable margin 36% to 43% (37%) Discount rate 13% to 20% (15%) Equity method investments: sPower 432 Discounted cash flow Annual dividend growth (36)% to 41% (2%) Discount rate 7 % Total $ 1,195 Financial Instruments not Measured at Fair Value in the Consolidated Balance Sheets The following table presents (in millions) the carrying amount, fair value, and fair value hierarchy of the Company's financial assets and liabilities that are not measured at fair value in the Consolidated Balance Sheets as of the periods indicated, but for which fair value is disclosed: December 31, 2022 Carrying Amount Fair Value Total Level 1 Level 2 Level 3 Assets: Accounts receivable — noncurrent (1) $ 301 $ 340 $ — $ — $ 340 Liabilities: Non-recourse debt 19,429 18,527 — 17,089 1,438 Recourse debt 3,894 3,505 — 3,505 — December 31, 2021 Carrying Amount Fair Value Total Level 1 Level 2 Level 3 Assets: Accounts receivable — noncurrent (2) $ 55 $ 117 $ — $ — $ 117 Liabilities: Non-recourse debt 14,811 16,091 — 16,065 26 Recourse debt 3,754 3,818 — 3,818 — _____________________________ (1) These amounts primarily relate to amounts impacted by the Stabilization Fund enacted by the Chilean government, and future premium payments on a heat rate call option entered into on behalf of the Southland Energy CCGT units. The premium payments are expected to be received in 2024. These amounts are included in Other noncurrent assets in the accompanying Condensed Consolidated Balance Sheets. See Note 7— Financing Receivables for further information. (2) These amounts primarily relate to amounts due from CAMMESA, the administrator of the wholesale electricity market in Argentina, and amounts impacted by the Stabilization Fund enacted by the Chilean government, and are included in Other noncurrent assets in the accompanying Condensed Consolidated Balance Sheets. The fair value and carrying amount of the Argentina receivables exclude VAT of $2 million as of December 31, 2021. See Note 7— Financing Receivables for further information.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	12 Months Ended
	Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES Volume of Activity — The following table presents the Company's maximum notional (in millions) over the remaining contractual period by type of derivative as of December 31, 2022, regardless of whether they are in qualifying hedging relationships, and the dates through which the maturities for each type of derivative range: Interest Rate and Foreign Currency Derivatives Maximum Notional Translated to USD Latest Maturity Interest rate (LIBOR, SOFR and EURIBOR) $ 6,040 2059 Cross-currency swaps (Brazilian Reais) 293 2034 Foreign currency: Euro 198 2025 Chilean peso 167 2025 Colombian peso 57 2024 Brazilian real 32 2024 Argentine peso 5 2026 Commodity Derivatives Maximum Notional Latest Maturity Natural Gas (in MMBtu) 71 2030 Power (in MWhs) 15 2040 Coal (in Tons or Metric Tonnes) 6 2027 Accounting and Reporting — Assets and Liabilities — The following tables present the fair value of assets and liabilities related to the Company's derivative instruments as of the periods indicated (in millions): Fair Value December 31, 2022 December 31, 2021 Assets Designated Not Designated Total Designated Not Designated Total Interest rate derivatives $ 313 $ 1 $ 314 $ 53 $ — $ 53 Cross-currency derivatives — — — 5 — 5 Foreign currency derivatives 27 59 86 28 109 137 Commodity derivatives — 245 245 6 32 38 Total assets $ 340 $ 305 $ 645 $ 92 $ 141 $ 233 Liabilities Interest rate derivatives $ 6 $ — $ 6 $ 288 $ 6 $ 294 Cross-currency derivatives 42 — 42 11 — 11 Foreign currency derivatives 9 11 20 23 12 35 Commodity derivatives 59 347 406 11 33 44 Total liabilities $ 116 $ 358 $ 474 $ 333 $ 51 $ 384 December 31, 2022 December 31, 2021 Fair Value Assets Liabilities Assets Liabilities Current $ 271 $ 168 $ 85 $ 83 Noncurrent 374 306 148 301 Total $ 645 $ 474 $ 233 $ 384 Credit Risk-Related Contingent Features December 31, 2022 December 31, 2021 Present value of liabilities subject to collateralization $ 104 $ — Cash collateral held by third parties or in escrow 42 — Earnings and Other Comprehensive Income (Loss) — The following table presents the pre-tax gains (losses) recognized in AOCL and earnings related to all derivative instruments for the periods indicated (in millions): Years Ended December 31, 2022 2021 2020 Cash flow hedges Gains (losses) recognized in AOCL Interest rate derivatives $ 869 $ 51 $ (511) Cross-currency derivatives — (11) 3 Foreign currency derivatives 17 (34) 25 Commodity derivatives 16 (1) 5 Total $ 902 $ 5 $ (478) Gains (losses) reclassified from AOCL to earnings Interest rate derivatives $ (72) $ (419) $ (75) Cross-currency derivatives — (15) (5) Foreign currency derivatives 2 (62) (9) Commodity derivatives 2 4 (2) Total $ (68) $ (492) $ (91) Gains (Losses) on fair value hedging relationship Cross Currency contracts Derivatives designated as hedging instruments $ (35) $ (6) $ — Hedged items 26 4 — Total $ (9) $ (2) $ — Loss reclassified from AOCL to earnings due to impairment of assets $ (16) $ — $ (14) Gain reclassified from AOCL to earnings due to discontinuance of hedge accounting $ 26 $ — $ — Gain (losses) recognized in earnings related to Not designated as hedging instruments: Interest rate derivatives $ 4 $ 105 $ (1) Foreign currency derivatives 21 29 68 Commodity derivatives and other (43) (28) (68) Total $ (18) $ 106 $ (1) AOCL is expected to decrease pre-tax income from continuing operations for the twelve months ended December 31, 2023 by $13 million, primarily due to interest rate and commodity derivatives.

Financing Receivables

Financing Receivables	12 Months Ended
	Dec. 31, 2022
Receivables [Abstract]
FINANCING RECEIVABLES	FINANCING RECEIVABLES Receivables with contractual maturities of greater than one year are considered financing receivables. The following table presents financing receivables by country as of the dates indicated (in millions). December 31, 2022 December 31, 2021 Gross Receivable Allowance Net Receivable Gross Receivable Allowance Net Receivable Chile $ 239 $ — $ 239 $ 17 $ — $ 17 U.S. 46 — 46 — — — Argentina 5 — 5 11 1 10 Other 13 — 13 30 — 30 Total $ 303 $ — $ 303 $ 58 $ 1 $ 57 Chile — AES Andes has recorded receivables pertaining to revenues recognized on regulated energy contracts that were impacted by the Stabilization Funds created by the Chilean government in October 2019 and August 2022, in conjunction with the Tariff Stabilization Laws. Historically, the government updated the prices for these contracts every six months to reflect the contracts' indexation to exchange rates and commodities prices. The Tariff Stabilization Laws do not allow the pass-through of these contractual indexation updates to customers beyond the pricing in effect at July 1, 2019, until new lower-cost renewable contracts are incorporated to supply regulated contracts. Consequently, costs incurred in excess of the July 1, 2019 price are accumulated and borne by generators. Through different programs, AES Andes aims to reduce its exposure and has already sold a significant portion of the receivables accumulated as of December 31, 2021. As of December 31, 2022, $26 million of current receivables and $227 million of noncurrent receivables were recorded in Accounts receivable and Other noncurrent assets , respectively, pertaining to the Stabilization Funds. Additionally, $12 million of payment deferrals granted to mining customers as part of our green blend agreements were recorded as financing receivables included in Other noncurrent assets at December 31, 2022. U.S. — AES has recorded a non-current receivable in connection with future premium payments on a heat rate call option entered into on behalf of the Southland Energy CCGT units. The premium payments are expected to be received in 2024. Argentina — Collection of the principal and interest on these receivables is subject to various business risks and uncertainties, including, but not limited to, the continued operation of power plants which generate cash for payments of these receivables, regulatory changes that could impact the timing and amount of collections, and economic conditions in Argentina. The Company monitors these risks, including the credit ratings of the Argentine government, on a quarterly basis to assess the collectability of these receivables. The Company accrues interest on these receivables once the recognition criteria have been met. The Company's collection estimates are based on assumptions that it believes to be reasonable, but are inherently uncertain. Actual future cash flows could differ from these estimates. As a result of energy market reforms in 2004 and 2010, AES Argentina entered into three agreements with the Argentine government, referred to as the FONINVEMEM Agreements, to contribute a portion of their accounts receivable into a fund for financing the construction of combined cycle and gas-fired plants. These receivables accrue interest and are collected in monthly installments over 10 years once the related plant begins operations. The FONINVEMEM receivables are denominated in Argentine pesos, but indexed to USD, which represents a foreign currency derivative. Due to differences between spot rates, used to remeasure the receivables, and discounted forward rates, used to value the foreign currency derivative, these two items will not perfectly offset over the life of the receivable. Once settled, the foreign currency derivative will offset the accumulated unrealized foreign currency losses resulting from the devaluation of the FONINVEMEM receivable. As of December 31, 2022 and 2021, the amount of the foreign currency-related derivative assets associated with the FONINVEMEM financing receivables that were excluded from the table above had a fair value of $64 million and $108 million, respectively. The receivables under the FONINVEMEM Agreements have been actively collected since the related plants commenced operations in 2010 and 2016. In assessing the collectability of the receivables under these agreements, the Company also considers historic collection evidence in accordance with the agreements.

Investments In and Advances To

Investments In and Advances To Affiliates	12 Months Ended
	Dec. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]
INVESTMENTS IN AND ADVANCES TO AFFILIATES	INVESTMENTS IN AND ADVANCES TO AFFILIATES The following table summarizes the relevant effective equity ownership interest and carrying values for the Company's investments accounted for under the equity method as of the periods indicated: December 31, 2022 2021 2022 2021 Affiliate Country Carrying Value (in millions) Ownership Interest % sPower (1) United States $ 432 $ 492 50 % 50 % Fluence United States 205 304 34 % 34 % Grupo Energía Gas Panamá Panama 82 41 49 % 49 % Uplight United States 81 103 29 % 29 % Energía Natural Dominicana Enadom (2) Dominican Republic 64 53 43 % 43 % Mesa La Paz Mexico 32 48 50 % 50 % Barry (3) United Kingdom — — 100 % 100 % Other affiliates (4) Various 56 39 Total $ 952 $ 1,080 _____________________________ (1) In February 2021, the sPower and AES Renewable Holdings development platforms were merged to form AES Clean Energy Development. See Note 25— Acquisitions for further information. (2) The Company's ownership in Energía Natural Dominicana Enadom is held through Andres, an 85%-owned consolidated subsidiary. Andres owns 50% of Energía Natural Dominicana Enadom, resulting in an AES effective ownership of 43%. (3) Represents a VIE in which the Company holds a variable interest, but is not the primary beneficiary. (4) Includes Bosforo, Tucano and various other equity method investments. sPower — In February 2021, the Company substantially completed the merger of the sPower and AES Renewable Holdings development platforms to form AES Clean Energy Development, a consolidated entity, which will serve as the development vehicle for all future renewable projects in the U.S. Since the sPower development platform was carved-out of AES’ existing equity method investment, this transaction resulted in a $102 million decrease in the carrying value of the sPower investment and the Company recognized a gain of $214 million in Other income . In December 2021, AES acquired an additional 25% ownership in specifically identified projects of the sPower development platform. As a result, the Company recognized a gain of $35 million in Other income. Subsequent to the transaction, AES has a 75% ownership interest in specifically identified projects of sPower through its ownership of AES Clean Energy Development, and 50% ownership interest in the sPower equity method investment. See Note 25 — Acquisitions for further information. As the Company still does not control sPower after these transactions, it continues to be accounted for as an equity method investment. In December 2022, the Company agreed to sell 49% of its indirect interest in a portfolio of sPower's operating assets ("OpCo B"). At the time the purchase and sale agreement was signed, a loss was expected upon closing the transaction, which occurred on February 28, 2023. The expected loss on sale was identified as a triggering event and the Company evaluated whether its investment in sPower was other-than-temporarily impaired. Based on management’s estimate of fair value of $432 million, the Company recognized an other-than-temporary impairment of $175 million in Other non-operating expense in December 2022. sPower primarily holds operating assets where the tax credits associated with underlying projects have already been allocated to tax equity partners. The application of HLBV accounting increases the carrying value of these investments, as earnings are initially disproportionately allocated to the sponsor entity. Since sPower does not have any ongoing development or other value creation activities following the transfer of these activities to AES Clean Energy Development, the impairment adjusts the carrying value to the fair market value of the operating assets. sPower is reported in the US and Utilities SBU reportable segment. Alto Maipo — In May 2022, Alto Maipo emerged from bankruptcy in accordance with Chapter 11 of the U.S. Bankruptcy Code. Alto Maipo, as restructured, is considered a VIE. As the Company lacks the power to make significant decisions, it does not meet the criteria to be considered the primary beneficiary of Alto Maipo and therefore will not consolidate the entity. The Company has elected the fair value option to account for its investment in Alto Maipo as management believes this approach will better reflect the economics of its equity interest. As of December 31, 2022, the fair value is insignificant. Alto Maipo is reported in the South America SBU reportable segment. Fluence — In June 2021, Fluence issued new shares to the Qatar Investment Authority (“QIA”) for $125 million, which following the completion of the transaction, represented a 13.6% ownership interest in Fluence. As a result of the transaction, which AES has accounted for as a partial disposition, AES’ ownership interest in Fluence decreased from 50% to 43.2%, and the Company recognized a gain of $60 million in Loss on disposal and sale of business interests . On November 1, 2021, Fluence completed its IPO of 35,650,000 of its Class A common stock at a price of $28 per share, including the exercise of the underwriters’ option. Fluence received approximately $936 million in proceeds, after expenses, as a result of the transaction. AES’ ownership interest in Fluence decreased to 34.2%. The Company recognized a gain of $325 million in Loss on disposal and sale of business interests. AES' ownership interest further decreased to 33.5% as of December 31, 2022 as a result of the settlement of share based awards at Fluence. As the Company still does not control Fluence after these transactions, it continues to be accounted for as an equity method investment and is reported as part of Corporate and Other. Uplight — In July 2021, the Company closed on a transaction involving existing and new shareholders of Uplight. As part of the transaction, the Company contributed $37 million to Uplight; however, AES’s ownership interest in Uplight decreased from 32.3% to 29.6% primarily due to larger contributions from other investors. The transaction was accounted for as a partial disposition in which AES recognized a loss of $25 million in Loss on disposal and sale of business interests , mainly as a result of the settlement of share based awards at Uplight as well as the expenses associated with the transaction. In October 2021, the Company contributed an additional $23 million to Uplight. AES' ownership interest decreased to 29.4% as a result of equity granted to retained executives at a company acquired by Uplight. As the Company still does not control Uplight after the transaction, it continues to be accounted for as an equity method investment and is reported as part of Corporate and Other. Gas Natural Atlántico II — In September 2021, the Company acquired the remaining equity interest in Gas Natural Atlántico II, S. de. R.L., a partnership whose purpose is to construct transmission lines for Colon. After additional assets were acquired, the Company remeasured the investment at the acquisition-date fair value, resulting in the recognition of a $6 million gain, recorded in Other income . The partnership, previously recorded as an equity method investment, is now consolidated by AES and is reported in the MCAC SBU reportable segment. Grupo Energía Gas Panamá — In April 2021, Grupo Energía Gas Panamá, a joint venture between AES and InterEnergy Power & Gas Limited, completed the acquisition of the Gatun combined cycle natural gas development project. AES holds a 49% ownership interest in the affiliate. The Company contributed $44 million to the joint venture as of December 31, 2021 and has contributed a total of $45 million as of December 31, 2022. As the Company does not control the joint venture, it is accounted for as an equity method investment and is reported in the MCAC SBU reportable segment. Guacolda — In September 2020, Guacolda management reviewed the recoverability of the Guacolda asset group and determined the undiscounted cash flows did not exceed the carrying amount. Impairment indicators were identified primarily as a result of inability to re-contract Guacolda’s generation after expiration of its existing PPAs driven by lower energy prices in Chile and reduced forecasted cash flows resulting from decarbonization initiatives of the Chilean Government. Guacolda recognized a long-lived asset impairment at the investee level, which negatively impacted the Company's Net equity in losses of affiliates by $127 million. As a result, the Company’s basis in its investment in Guacolda was reduced to zero and the equity method of accounting was suspended. In February 2021, AES Andes entered into an agreement to sell its 50% ownership interest in Guacolda for $34 million. On July 20, 2021, the Company completed the sale, resulting in a pre-tax gain on sale of $34 million, recorded in Loss on disposal and sale of business interests . Prior to its sale, the Guacolda equity method investment was reported in the South America SBU reportable segment. Barry — The Company holds a 100% ownership interest in AES Barry Ltd. ("Barry"), a dormant entity in the U.K. that disposed of its generation and other operating assets. Due to a debt agreement, no material financial or operating decisions can be made without the banks' consent, and the Company does not control Barry. As of December 31, 2022 and 2021, other long-term liabilities included $39 million and $44 million, respectively, related to this debt agreement. Summarized Financial Information — The following tables summarize financial information of the Company's 50%-or-less-owned affiliates and majority-owned unconsolidated subsidiaries that are accounted for using the equity method (in millions): 50%-or-less Owned Affiliates Majority-Owned Unconsolidated Subsidiaries Years ended December 31, 2022 2021 2020 2022 2021 2020 Revenue $ 1,780 $ 1,316 $ 1,880 $ 1 $ 1 $ 1 Operating margin (loss) (361) (53) 213 (1) (1) (3) Net income (loss) (527) (242) (538) — (3) (4) Net income (loss) attributable to affiliates (405) (40) (411) — (3) (4) December 31, 2022 2021 2022 2021 Current assets $ 2,223 $ 1,180 $ 125 $ 122 Noncurrent assets 7,522 6,497 643 771 Current liabilities 1,931 1,414 118 126 Noncurrent liabilities 4,040 3,602 677 793 Stockholders' equity 2,978 1,792 (26) (26) Noncontrolling interests 796 869 (1) — At December 31, 2022, retained earnings included $288 million related to the undistributed losses of the Company's 50%-or-less owned affiliates. Distributions received from these affiliates were $47 million, $25 million, and $14 million for the years ended December 31, 2022, 2021, and 2020, respectively. As of December 31, 2022, the underlying equity in the net assets of our equity affiliates exceeded the aggregate carrying amount of our investments in equity affiliates by $202 million.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLE ASSETS	GOODWILL AND OTHER INTANGIBLE ASSETS Goodwill — The following table summarizes the carrying amount of goodwill by reportable segment for the years ended December 31, 2022 and 2021 (in millions): US and Utilities South America MCAC Eurasia Corporate and Other Total Balance as of December 31, 2021 Goodwill $ 3,127 $ 644 $ 16 $ — $ 1 $ 3,788 Accumulated impairment losses (2,611) — — — — (2,611) Net balance 516 644 16 — 1 1,177 Impairment losses (133) (644) — — — (777) Goodwill acquired during the year — — — — 3 3 Goodwill derecognized during the year (40) — — — (1) (41) Balance as of December 31, 2022 Goodwill 3,087 644 16 — 3 3,750 Accumulated impairment losses (2,744) (644) — — — (3,388) Net balance $ 343 $ — $ 16 $ — $ 3 $ 362 AES Andes — During the fourth quarter of 2022, the Company performed the annual goodwill impairment test for the AES Andes reporting unit. The fair value of the reporting unit was determined under the income approach using a discounted cash flow valuation model. The estimated fair value was less than its carrying amount and as a result the Company recognized impairment expense of $644 million, reducing the goodwill balance of AES Andes to zero. The decrease in fair value since the date of our last impairment test was primarily driven by a higher discount rate resulting from increased interest rates and country risk premiums, as well as a decrease in forecasted energy prices and other unfavorable macroeconomic assumptions in Colombia. AES El Salvador — During the fourth quarter of 2022, the Company performed the annual goodwill impairment test for the El Salvador reporting unit. The Company performed a quantitative impairment test and utilized the income approach. The estimated fair value was less than its carrying amount and as a result the Company recognized goodwill impairment expense of $133 million, reducing the goodwill balance of AES El Salvador to zero. Since the date of our last impairment test in 2021, the Company has seen market participants substantially increase return expectations for the perceived country risk for El Salvador. The impact of the increase has substantially increased our discount rate, resulting in a full impairment. Other Intangible Assets — The following table summarizes the balances comprising Other intangible assets in the accompanying Consolidated Balance Sheets (in millions) as of the periods indicated: December 31, 2022 December 31, 2021 Gross Balance Accumulated Amortization Net Balance Gross Balance Accumulated Amortization Net Balance Subject to Amortization Internal-use software $ 582 $ (307) $ 275 $ 457 $ (279) $ 178 Contracts 342 (40) 302 183 (48) 135 Project development rights (1) 991 (17) 974 819 (8) 811 Emissions allowances (2) 37 — 37 18 — 18 Concession rights 207 (50) 157 195 (33) 162 Other (3) 57 (20) 37 111 (17) 94 Subtotal 2,216 (434) 1,782 1,783 (385) 1,398 Indefinite-Lived Intangible Assets Land use rights 42 — 42 28 — 28 Water rights — — — 3 — 3 Transmission rights 16 — 16 19 — 19 Other 1 — 1 2 — 2 Subtotal 59 — 59 52 — 52 Total $ 2,275 $ (434) $ 1,841 $ 1,835 $ (385) $ 1,450 _____________________________ (1) Includes emission offset fee to the Air Quality Management District ("AQMD") in order to transfer emission offsets from retired legacy Southland units to the new CCGT. (2) Acquired or purchased emissions allowances are finite-lived intangible assets that are expensed when utilized and included in net income for the year. (3) Includes management rights, renewable energy credits and incentives, and other individually insignificant intangible assets. The following tables summarize other intangible assets acquired during the periods indicated (in millions): December 31, 2022 Amount Subject to Amortization/Indefinite-Lived Weighted Average Amortization Period (in years) Amortization Method Internal-use software $ 136 Subject to Amortization 14 Straight-line Contracts 196 Subject to Amortization 23 Straight-line Project development rights 67 Subject to Amortization 4 Straight-line Emissions allowances 35 Subject to Amortization Various As utilized Land use rights 13 Indefinite-Lived N/A N/A Transmission rights — Indefinite-Lived N/A N/A Other 1 Various N/A N/A Total $ 448 December 31, 2021 Amount Subject to Amortization/Indefinite-Lived Weighted Average Amortization Period (in years) Amortization Method Internal-use software $ 89 Subject to Amortization 6 Straight-line Contracts 35 Subject to Amortization 12 Straight-line Project development rights 667 Subject to Amortization 35 Straight-line Emissions allowances 22 Subject to Amortization Various As utilized Transmission rights — Indefinite-Lived N/A N/A Concession rights (1) 7 Subject to Amortization 12 Straight-line Other 2 Various N/A N/A Total $ 822 _____________________________ (1) Represents the fair value assigned to the extension of the Tietê hydroelectric plants' concession agreement with ANEEL. See Note 13— Contingencies for further information. The following table summarizes the estimated amortization expense by intangible asset category for 2023 through 2027: (in millions) 2023 2024 2025 2026 2027 Internal-use software $ 29 $ 28 $ 27 $ 26 $ 25 Contracts 20 17 16 16 16 Concession rights 17 16 16 16 16 Other 5 6 7 7 7 Total $ 71 $ 67 $ 66 $ 65 $ 64 Intangible asset amortization expense was $71 million, $69 million and $54 million for the years ended December 31, 2022, 2021 and 2020, respectively.

Regulatory Assets and Liabiliti

Regulatory Assets and Liabilities	12 Months Ended
	Dec. 31, 2022
Regulated Operations [Abstract]
REGULATORY ASSETS AND LIABILITIES	REGULATORY ASSETS AND LIABILITIES The Company has recorded regulatory assets and liabilities (in millions) that it expects to pass through to its customers in accordance with, and subject to, regulatory provisions as follows: December 31, 2022 2021 Recovery/Refund Period Regulatory assets Current regulatory assets: AES Indiana deferred fuel and purchased power costs $ 80 $ 9 1 year El Salvador energy pass through costs recovery 78 80 Quarterly Other 79 79 1 year Total current regulatory assets 237 168 Noncurrent regulatory assets: AES Indiana Petersburg Units 1 and 2 retirement costs 287 300 Over life of assets AES Indiana and AES Ohio defined benefit pension obligations (1) 194 191 Various AES Indiana environmental costs 73 76 Various AES Indiana deferred Midwest ISO costs 34 48 4 years AES Indiana deferred fuel and purchased power costs 21 84 2 years Other 115 135 Various Total noncurrent regulatory assets 724 834 Total regulatory assets $ 961 $ 1,002 Regulatory liabilities Current regulatory liabilities: Overcollection of costs to be passed back to customers $ 46 $ 18 1 year Other 18 1 Various Total current regulatory liabilities 64 19 Noncurrent regulatory liabilities: AES Indiana and AES Ohio accrued costs of removal and AROs 657 868 Over life of assets AES Indiana and AES Ohio income taxes payable to customers through rates 134 158 Various Other 22 30 Various Total noncurrent regulatory liabilities 813 1,056 Total regulatory liabilities $ 877 $ 1,075 _____________________________ (1) Past expenditures on which the Company earns a rate of return . Our regulatory assets and current regulatory liabilities primarily consist of under or overcollection of costs that are generally non-controllable, such as purchased electricity, energy transmission, fuel costs, and other sector costs. These costs are recoverable or refundable as defined by the laws and regulations in our markets. Our regulatory assets also include defined pension and postretirement benefit obligations equal to the previously unrecognized actuarial gains and losses and prior service costs that are expected to be recovered through future rates. Additionally, our regulatory assets include the carrying value of AES Indiana's Petersburg Unit 1 at its retirement date and the expected carrying value of Petersburg Unit 2 at its anticipated retirement date, which are amortized over the life of the assets beginning on the dates of retirement. Other current and noncurrent regulatory assets primarily consist of: • Undercollections on rate riders such as demand side management costs and deferred Midwest ISO costs at AES Indiana and competitive bidding and energy efficiency costs at AES Ohio; • Deferred TDSIC costs and unamortized premiums reacquired or redeemed on long-term debt, which are amortized over the lives of the original issuances, at AES Indiana; and • Vegetation management costs, decoupling deferral, and storm costs at AES Ohio. Our noncurrent regulatory liabilities primarily consist of obligations for removal costs which do not have an associated legal retirement obligation. Our noncurrent regulatory liabilities also include deferred income taxes related to differences in income recognition between tax laws and accounting methods, which will be passed through to our regulated customers via a decrease in future retail rates. In the accompanying Consolidated Balance Sheets, current regulatory assets and liabilities are reflected in Other current assets and Accrued and other liabilities , respectively, and noncurrent regulatory assets and liabilities are reflected in Other noncurrent assets and Other noncurrent liabilities , respectively. All of the regulatory assets and liabilities as of December 31, 2022 and December 31, 2021 are related to the US and Utilities SBU.

Debt

Debt	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
DEBT	DEBT NON-RECOURSE DEBT — The following table summarizes the carrying amount and terms of non-recourse debt at our subsidiaries as of the periods indicated (in millions): NON-RECOURSE DEBT Weighted Average Interest Rate Maturity December 31, 2022 2021 Variable Rate: Bank loans 7.42% 2023 - 2041 $ 3,971 $ 2,345 Notes and bonds 1.48% 2023 - 2045 2,137 1,121 Debt to (or guaranteed by) multilateral, export credit agencies or development banks (1) 6.59% 2023 - 2023 4 79 Other 6.64% 2023 - 2030 1,234 125 Fixed Rate: Bank loans 6.12% 2023 - 2057 461 359 Notes and bonds 5.05% 2023 - 2079 11,130 10,914 Debt to (or guaranteed by) multilateral, export credit agencies or development banks (1) 6.75% 2024 - 2024 3 3 Other 4.95% 2023 - 2061 798 79 Unamortized (discount) premium & debt issuance (costs), net (309) (214) Subtotal $ 19,429 $ 14,811 Less: Current maturities (2) (1,752) (1,361) Noncurrent maturities (2) (3) $ 17,677 $ 13,450 _____________________________ (1) Multilateral loans include loans funded and guaranteed by bilaterals, multilaterals, development banks and other similar institutions. (2) Excludes $6 million and $6 million (current) and $169 million and $128 million (noncurrent) finance lease liabilities included in the respective non-recourse debt line items on the Consolidated Balance Sheet as of December 31, 2022 and 2021, respectively. See Note 14— Leases for further information. (3) Excludes $25 million of failed sale-leaseback transaction liabilities included in the non-recourse debt line items on the Consolidated Balance Sheet as of December 31, 2021. The interest rate on variable rate debt represents the total of a variable component that is based on changes in an interest rate index and a fixed component. The Company has interest rate swaps and option agreements that economically fix the variable component of the interest rates on the portion of the variable rate debt being hedged in an aggregate notional principal amount of approximately $1.3 billion on non-recourse debt outstanding at December 31, 2022. Non-recourse debt as of December 31, 2022 is scheduled to reach maturity as shown below (in millions): December 31, Annual Maturities 2023 $ 1,761 2024 2,687 2025 2,237 2026 1,040 2027 2,720 Thereafter 9,293 Unamortized (discount) premium & debt issuance (costs), net (309) Total $ 19,429 As of December 31, 2022, AES subsidiaries with facilities under construction had a total of approximately $283 million of committed but unused credit facilities available to fund construction and other related costs. Excluding these facilities under construction, AES subsidiaries had approximately $1.4 billion in various unused committed credit lines to support their working capital, debt service reserves and other business needs. These credit lines can be used for borrowings, letters of credit, or a combination of these uses. Significant transactions — During the year ended December 31, 2022, the Company's subsidiaries had the following significant debt transactions: Subsidiary Transaction Period Issuances Repayments Loss on Extinguishment of Debt AES Andes (1) Q1, Q2, Q3, Q4 $ 999 $ (217) $ — AES Brasil Q1, Q2, Q4 779 (201) — AES Clean Energy (2) Q2, Q3, Q4 1,153 (815) (12) AES Indiana Q2, Q4 550 (200) — United Kingdom Q1 710 (350) — Netherlands/Panama Q1 500 — — El Salvador Q2 348 (345) — AES Ohio Q2 140 — — AES Dominicana Renewable Energy Q3 120 — — Bulgaria Q4 159 — — _____________________________ (1) Issuances and repayments relate to AES Andes S.A. and AES Colombia. (2) Issuances and repayments relate to AES Clean Energy Development and AES Renewable Holdings entities AES Clean Energy — In December 2022, AES Renewable Holdings OpCo 1, LLC executed a term loan in the amount of $632 million due in 2027. The proceeds were used to prepay the outstanding principal of $692 million of its six credit facilities. As a result of this transaction, the Company recognized a loss on extinguishment of debt of $12 million. Netherlands and Panama — In March 2022, AES Hispanola Holdings BV, a Netherlands based company, and Colon, as co-borrowers, executed a $500 million bridge loan due in 2023. The Company allocated $450 million and $50 million of the proceeds from the agreement to AES Hispanola Holdings BV and Colon, respectively. United Kingdom — On January 6, 2022, Mercury Chile HoldCo LLC (“Mercury Chile”), a UK based company, executed a $350 million bridge loan and used the proceeds, as well as an additional capital contribution of $196 million from the Parent Company, to purchase the minority interest in AES Andes through intermediate holding companies (see Note 17— Equity for further information). On January 24, 2022, Mercury Chile issued $360 million aggregate principal of 6.5% senior secured notes due in 2027 and used the proceeds from the issuance to fully prepay the $350 million bridge loan. Joint and Several Liability Arrangements — In December 2022, AES Clean Energy Development, AES Renewable Holdings, and sPower, an equity method investment, collectively referred to as the Issuers, entered into an agreement whereby long-term notes will be issued from time to time to finance or refinance operating wind, solar, and storage projects that are owned by the Issuers. On December 13, 2022, the Issuers entered into the Note Purchase Agreement for the issuance of up to $647 million of 6.55% Senior Notes due in 2047. The Notes were sold on December 14, 2022, at par for $647 million. Each of the Issuers is considered a “Co-Issuer” and will be jointly and severally liable with each other Co-Issuer for all obligations under the facility. As a result of the issuance, AES Clean Energy Development recorded a liability of $37 million, which represents its share of the Notes issued. As of December 31, 2022, the aggregate carrying amount of the Notes attributable to AES Clean Energy Development and AES Renewable Holdings was $37 million and is reflected within Non-recourse debt in the accompanying Consolidated Balance Sheets. In 2021, AES Clean Energy Development, AES Renewable Holdings, and sPower, collectively referred to as the Borrowers, executed two Credit Agreements with aggregate commitments of $1.2 billion and maturity dates in December 2024 and September 2025. The Borrowers executed amendments to the revolving credit facilities, which resulted in an aggregate increase in the commitments of $1.3 billion, bringing the total commitments under the new agreements to $2.5 billion. There was no change to the maturity dates under the amendments. Each of the Borrowers is considered a “Co-Borrower” and will be jointly and severally liable with each other Co-Borrower for all obligations under the facilities. As a result of the amendments and increases in commitments used, AES Clean Energy Development and AES Renewable Holdings recorded, in aggregate, an increase in liabilities of $964 million in 2022, resulting in total commitments used under the revolving credit facilities, as of December 31, 2022, of $1.3 billion, which is reflected within Non-recourse debt in the accompanying Consolidated Balance Sheets. As of December 31, 2022, the aggregate commitments used under the revolving credit facilities for the Co-Borrowers was $1.8 billion. Non-Recourse Debt Covenants, Restrictions and Defaults — The terms of the Company's non-recourse debt include certain financial and nonfinancial covenants. These covenants are limited to subsidiary activity and vary among the subsidiaries. These covenants may include, but are not limited to, maintenance of certain reserves and financial ratios, minimum levels of working capital and limitations on incurring additional indebtedness. As of December 31, 2022 and 2021, approximately $424 million and $370 million, respectively, of restricted cash was maintained in accordance with certain covenants of the non-recourse debt agreements. Of these amounts, $285 million and $175 million, respectively, were included within Restricted cash and $139 million and $195 million, respectively, were included within Debt service reserves and other deposits in the accompanying Consolidated Balance Sheets. Various lender and governmental provisions restrict the ability of certain of the Company's subsidiaries to transfer their net assets to the Parent Company. Such restricted net assets of subsidiaries amounted to approximately $1.2 billion at December 31, 2022. The following table summarizes the Company's subsidiary non-recourse debt in default (in millions) as of December 31, 2022. Due to the defaults, these amounts are included in the current portion of non-recourse debt: Primary Nature December 31, 2022 Subsidiary Debt in Default Net Assets AES Puerto Rico Covenant $ 143 $ (178) AES Ilumina (Puerto Rico) Covenant 27 27 AES Jordan Solar Covenant 7 10 Total $ 177 The above defaults are not payment defaults. In Puerto Rico, the subsidiary non-recourse debt defaults were triggered by failure to comply with covenants or other requirements contained in the non-recourse debt documents due to the bankruptcy of the offtaker. The AES Corporation's recourse debt agreements include cross-default clauses that will trigger if a subsidiary or group of subsidiaries for which the non-recourse debt is in default provides 20% or more of the Parent Company's total cash distributions from businesses for the four most recently completed fiscal quarters. As of December 31, 2022, the Company had no defaults which resulted in or were at risk of triggering a cross-default under the recourse debt of the Parent Company. In the event the Parent Company is not in compliance with the financial covenants of its revolving credit facility, restricted payments will be limited to regular quarterly shareholder dividends at the then-prevailing rate. Payment defaults and bankruptcy defaults would preclude the making of any restricted payments. RECOURSE DEBT — The following table summarizes the carrying amount and terms of recourse debt of the Company as of the periods indicated (in millions): Interest Rate Final Maturity December 31, 2022 December 31, 2021 Senior Variable Rate Term Loan SOFR + 1.125% 2024 200 — Senior Unsecured Note 3.30% 2025 900 900 Drawings on revolving credit facility SOFR + 1.75% 2027 325 365 Senior Unsecured Note 1.375% 2026 800 800 Senior Unsecured Note 3.95% 2030 700 700 Senior Unsecured Note 2.45% 2031 1,000 1,000 Other (1) CDI + 7.00% 2022 — 25 Unamortized (discount) premium & debt issuance (costs), net (31) (36) Subtotal $ 3,894 $ 3,754 Less: Current maturities — (25) Noncurrent maturities $ 3,894 $ 3,729 _____________________________ (1) Represents project-level limited recourse debt at AES Holdings Brasil Ltda. The following table summarizes the principal amounts due under our recourse debt for the next five years and thereafter (in millions): December 31, Net Principal Amounts Due 2023 $ — 2024 200 2025 900 2026 800 2027 325 Thereafter 1,700 Unamortized (discount) premium & debt issuance (costs), net (31) Total recourse debt $ 3,894 In September 2022, AES executed an amendment to its revolving credit facility. The aggregate commitment under the new agreement is $1.5 billion and matures in August 2027. Prior to this amendment, the credit agreement had an aggregate commitment of $1.25 billion and a maturity date in September 2026. As of December 31, 2022, AES had outstanding drawings under its revolving credit facility of $325 million. In September 2022, the AES Corporation entered into a term loan agreement, under which AES can obtain term loans in an aggregate principal amount of up to $200 million, with all term loans to mature no later than September 30, 2024. On September 30, 2022 the AES Corporation borrowed $200 million under this agreement with a maturity date of September 30, 2024. In July 2021, AES offered to exchange up to $800 million of the newly registered 1.375% Senior Notes due in 2026 for up to $800 million of the existing unregistered 1.375% Senior Notes due in 2026 and up to $1 billion of our newly registered 2.45% Senior Notes due in 2031 for up to $1 billion of the existing unregistered 2.45% Senior Notes due in 2031. The terms of the new notes are identical in all material respects to the terms of the old notes with the exception that the new notes have been registered under the Securities Act of 1933, as amended. In August 2021, $798 million and $997 million of the 2026 and 2031 Notes were exchanged under the offer, respectively. Although not all investors participated in the exchange, there was no change to the outstanding indebtedness. Recourse Debt Covenants and Guarantees — The Company's obligations under the revolving credit facility and indentures governing the senior notes due 2025 and 2030 are currently unsecured following the achievement of two investment grade ratings and the release of security in accordance with the terms of the facility and the notes. If the Company’s credit rating falls below "Investment Grade" from at least two of Fitch Investors Service Inc., Standard & Poor’s Ratings Services or Moody’s Investors Service, Inc., as determined in accordance with the terms of the revolving credit facility and indenture dated May 15, 2020 (BBB-, or in the case of Moody’s Investor Services, Inc. Baa3), then the obligations under the revolving credit facility and the indentures governing the senior notes due 2025 and 2030 become, subject to certain exceptions, secured by (i) all of the capital stock of domestic subsidiaries owned directly by the Company or certain subsidiaries and 65% of the capital stock of certain foreign subsidiaries owned directly by the Company and certain subsidiaries, and (ii) certain intercompany receivables, certain intercompany notes and certain intercompany tax sharing agreements. The revolving credit facility contains customary covenants and restrictions on the Company's ability to engage in certain activities, including, but not limited to, limitations on liens; restrictions on mergers and acquisitions and the disposition of assets; and other financial reporting requirements. The revolving credit facility also contains one financial covenant, evaluated quarterly, requiring the Company to maintain a maximum ratio of recourse debt to adjusted operating cash flow of 5.75 times. The terms of the Company's senior notes contain certain customary covenants, including limitations on the Company's ability to incur liens or enter into sale and leaseback transactions.

Commitments

Commitments	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS	COMMITMENTS The Company enters into long-term contracts for construction projects, maintenance and service, transmission of electricity, operations services and purchases of electricity and fuel. In general, these contracts are subject to variable quantities or prices and are terminable only in limited circumstances. The following table shows the future minimum commitments for continuing operations under these contracts as of December 31, 2022 for 2023 through 2027 and thereafter as well as actual purchases under these contracts for the years ended December 31, 2022, 2021, and 2020 (in millions): Actual purchases during the year ended December 31, Electricity Purchase Contracts Fuel Purchase Contracts Other Purchase Contracts 2020 $ 756 $ 1,573 $ 1,506 2021 709 2,070 1,261 2022 1,156 3,375 3,602 Future commitments for the year ending December 31, 2023 $ 1,190 $ 3,702 $ 4,642 2024 873 2,624 477 2025 639 1,706 303 2026 588 1,099 215 2027 586 1,117 189 Thereafter 5,924 3,134 1,515 Total $ 9,800 $ 13,382 $ 7,341

Contingencies

Contingencies	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
CONTINGENCIES	CONTINGENCIES Guarantees and Letters of Credit — In connection with certain project financings, acquisitions and dispositions, power purchases, and other agreements, the Parent Company has expressly undertaken limited obligations and commitments, most of which will only be effective or will be terminated upon the occurrence of future events. In the normal course of business, the Parent Company has entered into various agreements, mainly guarantees and letters of credit, to provide financial or performance assurance to third parties on behalf of AES businesses. These agreements are entered into primarily to support or enhance the creditworthiness otherwise achieved by a business on a stand-alone basis, thereby facilitating the availability of sufficient credit to accomplish their intended business purposes. Most of the contingent obligations relate to future performance commitments which the Company or its businesses expect to fulfill within the normal course of business. The expiration dates of these guarantees vary from less than one year to no more than 16 years. The following table summarizes the Parent Company's contingent contractual obligations as of December 31, 2022. Amounts presented in the following table represent the Parent Company's current undiscounted exposure to guarantees and the range of maximum undiscounted potential exposure. The maximum exposure is not reduced by the amounts, if any, that could be recovered under the recourse or collateralization provisions in the guarantees. Contingent Contractual Obligations Amount (in millions) Number of Agreements Maximum Exposure Range for Each Agreement (in millions) Guarantees and commitments $ 2,406 81 < $1 — 400 Letters of credit under the unsecured credit facilities 128 39 < $1 — 36 Letters of credit under bilateral agreements 123 2 $59 — 64 Letters of credit under the revolving credit facility 34 16 < $1 — 15 Surety bonds 2 2 < $1 — 1 Total $ 2,693 140 During the year ended December 31, 2022, the Company paid letter of credit fees ranging from 1% to 3% per annum on the outstanding amounts of letters of credit. Environmental — The Company periodically reviews its obligations as they relate to compliance with environmental laws, including site restoration and remediation. For the periods ended December 31, 2022 and 2021, the Company recognized liabilities of $10 million and $4 million, respectively, for projected environmental remediation costs. Due to the uncertainties associated with environmental assessment and remediation activities, future costs of compliance or remediation could be higher or lower than the amount currently accrued. Moreover, where no liability has been recognized, it is reasonably possible that the Company may be required to incur remediation costs or make expenditures in amounts that could be material but could not be estimated as of December 31, 2022. In aggregate, the Company estimates the range of potential losses related to environmental matters, where estimable, to be up to $12 million. The amounts considered reasonably possible do not include amounts accrued as discussed above. Litigation — The Company is involved in certain claims, suits and legal proceedings in the normal course of business. The Company accrues for litigation and claims when it is probable that a liability has been incurred and the amount of loss can be reasonably estimated. The Company has recognized aggregate liabilities for all claims of approximately $22 million and $23 million as of December 31, 2022 and 2021, respectively. These amounts are reported on the Consolidated Balance Sheets within Accrued and other liabilities and Other noncurrent liabilities . A significant portion of these accrued liabilities relate to regulatory matters and commercial disputes in international jurisdictions. There can be no assurance that these accrued liabilities will be adequate to cover all existing and future claims or that we will have the liquidity to pay such claims as they arise. Where no accrued liability has been recognized, it is reasonably possible that some matters could be decided unfavorably to the Company and could require the Company to pay damages or make expenditures in amounts that could be material but could not be estimated as of December 31, 2022. The material contingencies where a loss is reasonably possible primarily include disputes with offtakers, suppliers and EPC contractors; alleged breaches of contract; alleged violation of laws and regulations; income tax and non-income tax matters with tax authorities; and regulatory matters. In aggregate, the Company estimates the range of potential losses, where estimable, related to these reasonably possible material contingencies to be between $51 million and $88 million. The amounts considered reasonably possible do not include the amounts accrued, as discussed above. These material contingencies do not include income tax-related contingencies which are considered part of our uncertain tax positions. See Note 23— Income Taxes of this Form 10-K for further information. Tietê GSF Settlement — In December 2020, ANEEL published a regulation establishing the terms and conditions for compensation for the non-hydrological risk charged to hydro generators through the incorrect application of the GSF mechanism between 2013 and 2018. In accordance with the regulation, Tietê will be compensated in the form of a concession extension period, initially determined to be 2.7 years, which will be amortized from the date of the agreement until the end of the new concession period. As of December 31, 2020, the compensation to be received from the concession extension was estimated to have a fair value of $184 million, based on a preliminary time-value equivalent calculation made by the CCEE, and was recorded as a reversal of Non-Regulated Cost of Sales on the Consolidated Statements of Operations for the year ended December 31, 2020. In March 2021, the CCEE’s final calculation of fair value was $190 million and the Company recognized an additional reversal of Non-Regulated Cost of Sales of $6 million. In August 2021, ANEEL published Resolution 2.919/2021, establishing an extension for the end of the concession originally granted to AES Brasil’s hydroelectric plants, from 2029 to 2032. On April 14, 2022, the amended term was finalized and agreed upon by ANEEL and AES.

Leases Leases

Leases Leases	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Lessee, Operating Leases [Text Block]	LESSEE — Right-of-use assets are long-term by nature. The following table summarizes the amounts recognized on the Consolidated Balance Sheets related to lease asset and liability balances as of the periods indicated (in millions): Consolidated Balance Sheet Classification December 31, 2022 December 31, 2021 Assets Right-of-use assets — finance leases Electric generation, distribution assets and other $ 160 $ 125 Right-of-use assets — operating leases Other noncurrent assets 356 278 Total right-of-use assets $ 516 $ 403 Liabilities Finance lease liabilities (current) Non-recourse debt (current liabilities) $ 6 $ 6 Finance lease liabilities (noncurrent) Non-recourse debt (noncurrent liabilities) 169 128 Total finance lease liabilities 175 134 Operating lease liabilities (current) Accrued and other liabilities 26 20 Operating lease liabilities (noncurrent) Other noncurrent liabilities 374 294 Total operating lease liabilities 400 314 Total lease liabilities $ 575 $ 448 The following table summarizes supplemental balance sheet information related to leases as of the periods indicated: Lease Term and Discount Rate December 31, 2022 December 31, 2021 Weighted-average remaining lease term — finance leases 33 years 32 years Weighted-average remaining lease term — operating leases 25 years 23 years Weighted-average discount rate — finance leases 4.59 % 4.65 % Weighted-average discount rate — operating leases 6.22 % 6.70 % The following table summarizes the components of lease expense recognized in Cost of Sales on the Consolidated Statements of Operations for the periods indicated (in millions): Twelve Months Ended December 31, Components of Lease Cost 2022 2021 Operating lease cost $ 46 $ 36 Finance lease cost: Amortization of right-of-use assets 8 4 Interest on lease liabilities 8 4 Short-term lease costs 28 21 Variable lease cost 1 1 Total lease cost $ 91 $ 66 Operating cash outflows from operating leases included in the measurement of lease liabilities were $54 million and $39 million for the twelve months ended December 31, 2022 and 2021, respectively, and operating cash outflows from finance leases were $22 million and $2 million for the twelve months ended December 31, 2022 and 2021, respectively. Right-of-use assets obtained in exchange for new operating lease liabilities were $14 million for the twelve months ended December 31, 2022. The following table shows the future lease payments under operating and finance leases for continuing operations together with the present value of the net lease payments as of December 31, 2022 for 2023 through 2027 and thereafter (in millions): Maturity of Lease Liabilities Finance Leases Operating Leases 2023 $ 10 $ 36 2024 9 35 2025 9 33 2026 9 32 2027 9 30 Thereafter 310 650 Total 356 816 Less: Imputed interest (181) (416) Present value of lease payments $ 175 $ 400
Lessor, Operating Leases [Text Block]	LESSOR — The Company has operating leases for certain generation contracts that contain provisions to provide capacity to a customer, which is a stand-ready obligation to deliver energy when required by the customer. Capacity payments are generally considered lease elements as they cover the majority of available output from a facility. The allocation of contract payments between the lease and non-lease elements is made at the inception of the lease. Lease payments from such contracts are recognized as lease revenue on a straight-line basis over the lease term, whereas variable lease payments are recognized when earned. The following table presents lease revenue from operating leases in which the Company is the lessor, recognized in Revenue on the Consolidated Statements of Operations for the periods indicated (in millions): Twelve Months Ended December 31, Lease Income 2022 2021 Total lease revenue $ 527 $ 595 Less: Variable lease revenue (49) (75) Total non-variable lease revenue $ 478 $ 520 The following table presents the underlying gross assets and accumulated depreciation of operating leases included in Property, Plant and Equipment on the Consolidated Balance Sheets as of the periods indicated (in millions): Lease Assets December 31, 2022 December 31, 2021 Gross assets $ 1,319 $ 2,423 Accumulated depreciation (139) (765) Net assets $ 1,180 $ 1,658 The option to extend or terminate a lease is based on customary early termination provisions in the contract, such as payment defaults, bankruptcy, or lack of performance on energy delivery. The Company has not recognized any early terminations as of December 31, 2022. Certain leases may provide for variable lease payments based on usage or index-based (e.g., the U.S. Consumer Price Index) adjustments to lease payments. The following table shows the future lease receipts as of December 31, 2022 for 2023 through 2027 and thereafter (in millions): Future Cash Receipts for Sales-Type Leases Operating Leases 2023 $ 25 $ 387 2024 25 387 2025 25 388 2026 25 279 2027 25 203 Thereafter 367 545 Total 492 $ 2,189 Less: Imputed interest (264) Present value of total lease receipts $ 228 Battery Storage Lease Arrangements — The Company constructs and operates projects consisting only of a stand-alone battery energy storage system (“BESS”) facility, as well as projects that pair a BESS with solar energy systems. These projects allow more flexibility on when to provide energy to the grid. The Company will enter into PPAs for the full output of the facility that allow customers the ability to determine when to charge and discharge the BESS. These arrangements include both lease and non-lease elements under ASC 842, with the BESS component typically constituting a sales-type lease. The Company recognized lease income on sales-type leases through variable payments of $2 million and $3 million and interest income of $23 million and $15 million for the years ended December 31, 2022 and 2021, respectively. During the second quarter of 2022, the Company recognized a full allowance of $20 million on a sales-type lease receivable at AES Gilbert. See Note 21— Other Income and Expense for further information. Prior to January 1, 2022, due to the variable-based nature of lease payments under certain contracts, the Company recorded a loss at commencement of sales-type leases of $13 million for the year ended December 31, 2021. These amounts are recognized in Other expense in the Condensed Consolidated Statement of Operations. See Note 21— Other Income and Expense for further information. Effective January 1, 2022, the Company adopted ASU 2021-05 in which lessors classify and account for certain leases with primarily variable-based lease payments as operating leases. The Company adopted this standard on a prospective basis. See Note 1— General and Summary of Significant Accounting Policies

Benefit Plans

Benefit Plans	12 Months Ended
	Dec. 31, 2022
Retirement Benefits [Abstract]
BENEFIT PLANS	BENEFIT PLANS Defined Contribution Plans — The Company sponsors four defined contribution plans ("the DC Plans"). Two plans cover U.S. non-union employees; one for Parent Company and certain US and Utilities SBU business employees, and one for AES Ohio employees. The remaining two plans include union and non-union employees at AES Indiana and union employees at AES Ohio. The DC Plans are qualified under section 401 of the Internal Revenue Code. Most U.S. employees of the Company are eligible to participate in the appropriate plan except for those employees who are covered by a collective bargaining agreement, unless such agreement specifically provides that the employee is considered an eligible employee under a plan. Within the DC Plans, the Company provides matching contributions in addition to other non-matching contributions. Participants are fully vested in their own contributions. The Company's contributions vest over various time periods ranging from immediate up to five years. For the years ended December 31, 2022, 2021 and 2020, costs for defined contribution plans were approximately $31 million, $26 million and $21 million, respectively. Defined Benefit Plans — Certain of the Company's subsidiaries have defined benefit pension plans covering substantially all of their respective employees ("the DB Plans"). Pension benefits are based on years of credited service, age of the participant, and average earnings. Of the 28 active DB Plans as of December 31, 2022, five are at U.S. subsidiaries and the remaining plans are at foreign subsidiaries . The following table reconciles the Company's funded status, both domestic and foreign, as of the periods indicated (in millions): 2022 2021 U.S. Foreign U.S. Foreign Change in projected benefit obligation: Benefit obligation as of January 1 $ 1,225 $ 173 $ 1,331 $ 218 Service cost 14 4 14 6 Interest cost 28 17 24 15 Plan amendments — — 8 — Plan curtailments — — — (23) Plan settlements — — — (1) Benefits paid (65) (13) (101) (10) Divestitures — (1) — — Actuarial (gain) loss (288) (11) (51) (16) Effect of foreign currency exchange rate changes — 8 — (16) Benefit obligation as of December 31 $ 914 $ 177 $ 1,225 $ 173 Change in plan assets: Fair value of plan assets as of January 1 $ 1,218 $ 106 $ 1,249 $ 112 Actual return on plan assets (250) 7 60 9 Employer contributions 8 5 10 4 Plan settlements — — — (1) Benefits paid (65) (13) (101) (10) Effect of foreign currency exchange rate changes — 9 — (8) Fair value of plan assets as of December 31 $ 911 $ 114 $ 1,218 $ 106 Reconciliation of funded status: Funded status as of December 31 $ (3) $ (63) $ (7) $ (67) The following table summarizes the amounts recognized on the Consolidated Balance Sheets related to the funded status of the DB Plans, both domestic and foreign, as of the periods indicated (in millions): December 31, 2022 2021 Amounts Recognized on the Consolidated Balance Sheets U.S. Foreign U.S. Foreign Noncurrent assets $ 34 $ 7 $ 49 $ 7 Accrued benefit liability—current — (8) — (7) Accrued benefit liability—noncurrent (37) (62) (56) (67) Net amount recognized at end of year $ (3) $ (63) $ (7) $ (67) The following table summarizes the Company's U.S. and foreign accumulated benefit obligation as of the periods indicated (in millions): December 31, 2022 2021 U.S. Foreign U.S. Foreign Accumulated benefit obligation $ 900 $ 170 $ 1,199 $ 165 Information for pension plans with an accumulated benefit obligation in excess of plan assets: Projected benefit obligation $ 340 $ 169 $ 458 $ 165 Accumulated benefit obligation 333 163 442 159 Fair value of plan assets 304 98 402 91 Information for pension plans with a projected benefit obligation in excess of plan assets: Projected benefit obligation $ 340 $ 169 $ 458 $ 165 Fair value of plan assets 304 98 402 91 The following table summarizes the significant weighted average assumptions used in the calculation of benefit obligation and net periodic benefit cost, both domestic and foreign, as of the periods indicated: December 31, 2022 2021 U.S. Foreign U.S. Foreign Benefit Obligation: Discount rate 5.41 % 13.23 % 2.82 % 10.45 % Rate of compensation increase 2.75 % 11.06 % 2.75 % 7.76 % Periodic Benefit Cost: Discount rate 2.82 % 10.45 % (1) 2.45 % 7.53 % (1) Expected long-term rate of return on plan assets 4.50 % 6.36 % 4.91 % 8.02 % Rate of compensation increase 2.75 % 7.76 % 2.75 % 5.69 % _____________________________ (1) Includes an inflation factor that is used to calculate future periodic benefit cost, but is not used to calculate the benefit obligation. The Company establishes its estimated long-term return on plan assets considering various factors, which include the targeted asset allocation percentages, historic returns, and expected future returns. The measurement of pension obligations, costs, and liabilities is dependent on a variety of assumptions. These assumptions include estimates of the present value of projected future pension payments to all plan participants, taking into consideration the likelihood of potential future events such as salary increases and demographic experience. These assumptions may have an effect on the amount and timing of future contributions. The assumptions used in developing the required estimates include the following key factors: discount rates, salary growth, retirement rates, inflation, expected return on plan assets, and mortality rates. The effects of actual results differing from the Company's assumptions are accumulated and amortized over future periods and, therefore, generally affect the Company's recognized expense in such future periods. Unrecognized gains or losses are amortized using the “corridor approach,” under which the net gain or loss in excess of 10% of the greater of the projected benefit obligation or the market-related value of the assets, if applicable, is amortized. Sensitivity of the Company's pension funded status to the indicated increase or decrease in the discount rate and long-term rate of return on plan assets assumptions is shown below. Note that these sensitivities may be asymmetric and are specific to the base conditions at year-end 2022. They also may not be additive, so the impact of changing multiple factors simultaneously cannot be calculated by combining the individual sensitivities shown. The funded status as of December 31, 2022 is affected by the assumptions as of that date. Pension expense for 2022 is affected by the December 31, 2021 assumptions. The impact on pension expense from a one percentage point change in these assumptions is shown in the following table (in millions): Increase of 1% in the discount rate $ (1) Decrease of 1% in the discount rate 4 Increase of 1% in the long-term rate of return on plan assets (13) Decrease of 1% in the long-term rate of return on plan assets 13 The following table summarizes the components of the net periodic benefit cost, both domestic and foreign, for the years indicated (in millions): December 31, 2022 2021 2020 Components of Net Periodic Benefit Cost: U.S. Foreign U.S. Foreign U.S. Foreign Service cost $ 14 $ 4 $ 14 $ 6 $ 12 $ 6 Interest cost 28 17 24 15 35 14 Expected return on plan assets (53) (7) (59) (8) (58) (7) Amortization of prior service cost 4 — 4 — 5 — Amortization of net loss 8 1 15 3 14 2 Curtailment (gain) loss recognized — — — (17) — — Total pension cost $ 1 $ 15 $ (2) $ (1) $ 8 $ 15 The following table summarizes the amounts reflected in AOCL, including AOCL attributable to noncontrolling interests, on the Consolidated Balance Sheet as of December 31, 2022, that have not yet been recognized as components of net periodic benefit cost (in millions): December 31, 2022 Accumulated Other Comprehensive Income (Loss) U.S. Foreign Prior service cost $ (3) $ 3 Unrecognized net actuarial loss (20) (27) Total $ (23) $ (24) The following table summarizes the Company's target allocation for 2022 and pension plan asset allocation, both domestic and foreign, as of the periods indicated: Percentage of Plan Assets as of December 31, Target Allocations 2022 2021 Asset Category U.S. Foreign U.S. Foreign U.S. Foreign Equity securities 22% 12% 22.17 % 3.53 % 31.26 % 14.76 % Debt securities 78% 82% 77.28 % 92.14 % 68.37 % 82.40 % Real estate —% 2% — % 1.09 % — % 1.11 % Other —% 4% 0.55 % 3.24 % 0.37 % 1.73 % Total pension assets 100.00 % 100.00 % 100.00 % 100.00 % The U.S. DB Plans seek to achieve the following long-term investment objectives: • maintenance of sufficient income and liquidity to pay retirement benefits and other lump sum payments; • long-term rate of return in excess of the annualized inflation rate; • long-term rate of return, net of relevant fees, that meets or exceeds the assumed actuarial rate; and • long-term competitive rate of return on investments, net of expenses, that equals or exceeds various benchmark rates. The asset allocation is reviewed periodically to determine a suitable asset allocation which seeks to manage risk through portfolio diversification and takes into account the above-stated objectives, in conjunction with current funding levels, cash flow conditions, and economic and industry trends. The following table summarizes the Company's U.S. DB Plan assets by category of investment and level within the fair value hierarchy as of the periods indicated (in millions): December 31, 2022 December 31, 2021 U.S. Plans Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Equity securities: (1) $ — $ 202 $ — $ 202 $ — $ 381 $ — $ 381 Debt securities: (1) — 704 — 704 — 833 — 833 Cash and cash equivalents 5 — — 5 4 — — 4 Total plan assets $ 5 $ 906 $ — $ 911 $ 4 $ 1,214 $ — $ 1,218 _____________________________ (1) For the U.S. plans, the balances under the equity securities and debt securities categories represent investments through common collective trusts, for which the underlying investments are equity and debt securities. The investment strategy of the foreign DB Plans seeks to maximize return on investment while minimizing risk. The assumed asset allocation has less exposure to equities in order to closely match market conditions and near term forecasts. The following table summarizes the Company's foreign DB plan assets by category of investment and level within the fair value hierarchy as of the periods indicated (in millions): December 31, 2022 December 31, 2021 Foreign Plans Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Equity securities: Mutual funds $ — $ 3 $ — $ 3 $ 15 $ — $ — $ 15 Private equity — — 1 1 — — 1 1 Debt securities: Mutual funds (1) 35 70 — 105 18 69 — 87 Real estate: Real estate — — 1 1 — — 1 1 Other: Other assets 1 2 1 4 1 — 1 2 Total plan assets $ 36 $ 75 $ 3 $ 114 $ 34 $ 69 $ 3 $ 106 _____________________________ (1) Mutual funds categorized as debt securities consist of mutual funds for which debt securities are the primary underlying investment. The following table summarizes the estimated cash flows for U.S. and foreign expected employer contributions and expected future benefit payments, both domestic and foreign (in millions): U.S. Foreign Expected employer contribution in 2023 $ 8 $ 10 Expected benefit payments for fiscal year ending: 2023 68 18 2024 69 16 2025 69 17 2026 69 19 2027 69 21 2028 - 2032 342 125

Equity

Equity	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
Equity	EQUITY Equity Units In March 2021, the Company issued 10,430,500 Equity Units with a total notional value of $1,043 million. Each Equity Unit has a stated amount of $100 and was initially issued as a Corporate Unit, consisting of a forward stock purchase contract (“2024 Purchase Contracts”) and a 10% undivided beneficial ownership interest in one share of 0% Series A Cumulative Perpetual Convertible Preferred Stock, issued without par and with a liquidation preference of $1,000 per share (“Series A Preferred Stock”). Upon reconsideration of the nature of the Equity Units, the Company re-evaluated its accounting assessment and concluded that the Equity Units should be accounted for as one unit of account based on the economic linkage between the 2024 Purchase Contracts and the Series A Preferred Stock, as well as the Company's assessment of the applicable accounting guidance relating to combining freestanding instruments. The Equity Units represent mandatorily convertible preferred stock. Accordingly, the shares associated with the combined instrument are reflected in diluted earnings per share using the if-converted method. In the fourth quarter of 2021, the Company also corrected the classification of certain amounts in the Consolidated Balance Sheet and Statement of Changes in Equity to reflect the 2024 Purchase Contracts and Series A Preferred Stock as one unit of account. The corrections have no impact on the Company's net earnings, total assets, cash flows, or segment information. In conjunction with the issuance of the Equity Units, the Company received approximately $1 billion in proceeds, net of underwriting costs and commissions, before offering expenses. The proceeds for the issuance of 1,043,050 shares are attributed to the Series A Preferred Stock for $838 million and $205 million for the present value of the quarterly payments due to holders of the 2024 Purchase Contracts ("Contract Adjustment Payments"). The proceeds will be used for the development of the AES renewable businesses, U.S. utility businesses, LNG infrastructure, and for other developments determined by management. The Series A Preferred Stock will initially not bear any dividends and the liquidation preference of the convertible preferred stock will not accrete. The Series A Preferred Stock has no maturity date and will remain outstanding unless converted by holders or redeemed by the Company. Holders of the shares of the convertible preferred stock will have limited voting rights. The Series A Preferred Stock is pledged as collateral to support holders’ purchase obligations under the 2024 Purchase Contracts and can be remarketed. In connection with any successful remarketing, the Company may increase the dividend rate, increase the conversion rate, and modify the earliest redemption date for the convertible preferred stock. After any successful remarketing in connection with which the dividend rate on the convertible preferred stock is increased, the Company will pay cumulative dividends on the convertible preferred stock, if declared by the board of directors, quarterly in arrears from the applicable remarketing settlement date. Holders of Corporate Units may create Treasury Units or Cash Settled Units from their Corporate Units as provided in the Purchase Contract Agreement by substituting Treasury securities or cash, respectively, for the Convertible Preferred Stock comprising a part of the Corporate Units. The Company may not redeem the Series A Preferred Stock prior to March 22, 2024. At the election of the Company, on or after March 22, 2024, the Company may redeem for cash, all or any portion of the outstanding shares of the Series A Preferred Stock at a redemption price equal to 100% of the liquidation preference, plus any accumulated and unpaid dividends. The 2024 Purchase Contracts obligate the holders to purchase, on February 15, 2024, for a price of $100 in cash, a maximum number of 57,292,650 shares of the Company’s common stock (subject to customary anti-dilution adjustments). The 2024 Purchase Contract holders may elect to settle their obligation early, in cash. The Series A Preferred Stock is pledged as collateral to guarantee the holders’ obligations to purchase common stock under the terms of the 2024 Purchase Contracts. The initial settlement rate determining the number of shares that each holder must purchase will not exceed the maximum settlement rate and is determined over a market value averaging period preceding February 15, 2024. The initial maximum settlement rate of 3.864 was calculated using an initial reference price of $25.88, equal to the last reported sale price of the Company’s common stock on March 4, 2021. As of December 31, 2022, due to the customary anti-dilution provisions, the maximum settlement rate was 3.8691, equivalent to a reference price of $25.85. If the applicable market value of the Company’s common stock is less than or equal to the reference price, the settlement rate will be the maximum settlement rate; and if the applicable market value of common stock is greater than the reference price, the settlement rate will be a number of shares of the Company’s common stock equal to $100 divided by the applicable market value. Upon successful remarketing of the Series A Preferred Stock (“Remarketed Series A Preferred Stock”), the Company expects to receive additional cash proceeds of $1 billion and issue shares of Remarketed Series A Preferred Stock. The Company pays Contract Adjustment Payments to the holders of the 2024 Purchase Contracts at a rate of 6.875% per annum, payable quarterly in arrears on February 15, May 15, August 15, and November 15, commencing on May 15, 2021. The $205 million present value of the Contract Adjustment Payments at inception reduced the Series A Preferred Stock. As each quarterly Contract Adjustment Payment is made, the related liability is reduced and the difference between the cash payment and the present value will accrete to interest expense, approximately $5 million over the three-year term. As of December 31, 2022, the present value of the Contract Adjustment Payments was $89 million. The holders can settle the purchase contracts early, for cash, subject to certain exceptions and conditions in the prospectus supplement. Upon early settlement of any purchase contracts, the Company will deliver the number of shares of its common stock equal to 85% of the number of shares of common stock that would have otherwise been deliverable. Equity Transactions with Noncontrolling Interests AES Clean Energy Tax Equity Partnerships — The majority of solar projects under AES Clean Energy have been financed with tax equity structures, in which tax equity investors receive a portion of the economic attributes of the facilities, including tax attributes, that vary over the life of the projects. In 2022, AES Clean Energy Development, through multiple transactions, sold noncontrolling interests in multiple project companies to tax equity partners, resulting in a $230 million increase to NCI. In 2022, 2021 and 2020, AES Renewable Holdings completed similar sales of noncontrolling interests to tax equity partners, resulting in an $88 million, $127 million, and $144 million increase to NCI, respectively. AES Clean Energy Development and AES Renewable Holdings are reported in the US and Utilities SBU reportable segment. Southland Energy — In November 2020, the Company completed the sale of 35% of its ownership interest in the Southland Energy assets for $424 million, which decreased the Company's economic interest to 65%. However, under the terms of the purchase and sale agreement, the Company was entitled to all earnings or losses until March 1, 2021, and any distributions related thereto. This transaction resulted in a $275 million increase in Parent Company Stockholder's Equity due to an increase in additional paid-in-capital of $266 million, net of tax and transaction costs, and the reclassification of accumulated other comprehensive losses from AOCL to NCI of $9 million. In December 2022, the Company completed the sale of an additional 14.9% ownership interest for $157 million, which decreased the Company's economic interest to 50.1%. This transaction resulted in a $91 million increase in Parent Company Stockholder's Equity due to an increase in additional paid-in-capital of $94 million, net of tax and transaction costs, partially offset by the reclassification of accumulated other comprehensive income from AOCL to NCI of $3 million. As the Company maintained control after these transactions, Southland Energy continues to be consolidated by the Company within the US and Utilities SBU reportable segment. AES Brasil — In August 2020, AES Holdings Brasil Ltda. ("AHB") completed the acquisition of an additional 18.5% ownership in AES Brasil for $240 million. During the fourth quarter of 2020, through multiple transactions, AHB acquired another 1.3% ownership in AES Brasil for $16 million. In aggregate, these transactions increased the Company's economic interest in AES Brasil to 44.1% and resulted in a $214 million decrease in Parent Company Stockholder's Equity due to a decrease in additional paid-in-capital of $94 million and the reclassification of accumulated other comprehensive losses from NCI to AOCL of $120 million. In addition, AHB committed to migrate AES Tietê to the Novo Mercado, which is a listing segment of the Brazilian stock exchange that requires equity capital to be composed only of common shares. On December 18, 2020, the AES Tietê board approved a proposal for the corporate reorganization and exchange of shares issued by AES Tietê with newly issued shares of AES Brasil, a formerly wholly-owned entity of AES Tietê, with the intent to list AES Brasil on Novo Mercado as the 100% shareholder of AES Tietê. The reorganization and the exchange of shares was completed on March 26, 2021, and the shares issued by AES Brasil started trading on Novo Mercado on March 29, 2021. The Company maintains majority representation on AES Brasil’s board of directors. Through multiple transactions in 2021, AHB acquired an additional 1.6% ownership in AES Brasil for $17 million. These transactions increased the Company’s economic interest in AES Brasil to 45.7% and resulted in a $13 million decrease in Parent Company Stockholder’s Equity due to a decrease in additional paid-in-capital of $6 million and the reclassification of accumulated other comprehensive losses from NCI to AOCL of $7 million. In October 2021, AES Brasil concluded a follow-on offering for the issuance of 93 million newly issued shares, which further increased the Company's indirect beneficial interest in AES Brasil to 46.7% and resulted in a $7 million increase in Parent Company Stockholder's Equity due to an increase in additional paid-in capital. In September 2022, AES Brasil commenced a private placement offering for its existing shareholders to subscribe for up to 116 million newly issued shares, of which 107 million were subscribed. AES Holdings Brasil Ltda. and noncontrolling interest holders subscribed for 54 million and 53 million shares, respectively, thereby increasing AES’ indirect beneficial interest in AES Brasil to 47.4%% and resulting in additional capital contributions from noncontrolling interest holders of $98 million, an increase in additional paid-in capital of $10 million, and the reclassification of accumulated other comprehensive losses from NCI to AOCL of $3 million. AES Brasil is reported in the South America SBU reportable segment. Chile Renovables — In July 2021, AES Andes completed the sale of a 49% ownership interest in Chile Renovables SpA (“Chile Renovables”), a subsidiary which owns the Los Cururos wind facility, to Global Infrastructure Management, LLC (“GIP”) for $53 million. AES Andes retained a 51% ownership interest in Chile Renovables and the transaction decreased the Company’s indirect ownership in the subsidiary to 34%. As part of the transaction, AES Andes will contribute a specified pipeline of renewable development projects to Chile Renovables as the projects reach commercial operations, and GIP will make additional contributions to maintain its 49% ownership interest. In January 2022, AES Andes completed the sale of Andes Solar 2a to Chile Renovables for $37 million, resulting in an increase to NCI of $28 million and an increase to additional paid-in capital of $9 million. In June 2022, the sale of Los Olmos was completed for $80 million, resulting in an increase to NCI of $68 million and an increase to additional paid-in capital of $12 million. As the Company maintained control after these transactions, Chile Renovables continues to be consolidated by the Company within the South America SBU reportable segment. Guaimbê Holding — In April 2021, Guaimbê Solar Holding S.A (“Guaimbê Holding”), a subsidiary of AES Brasil which wholly owned the Guaimbê solar complex and the Alto Sertão II wind facility, issued preferred shares representing 19.9% ownership in the subsidiary for total proceeds of $158 million. The transaction decreased the Company’s indirect ownership interest in the operational entities from 45.3% to 36.3%. In January 2022, the Ventus wind complex and AGV solar complex were incorporated by Guaimbê Holding. Guaimbê Holding issued additional preferred shares representing 3.5% ownership in the subsidiary for total proceeds of $63 million. The transaction further decreased the Company’s indirect ownership interest to 35.8%. As the Company maintained control after these transactions, Guaimbê Holding continues to be consolidated by the Company within the South America SBU reportable segment. AES Andes — On December 29, 2020, AES Andes commenced a preemptive rights offering for its existing shareholders to subscribe for up to 1.98 billion of newly issued shares to fund its renewable growth program. The period ended on February 5, 2021 and Inversiones Cachagua SpA, an AES subsidiary, subscribed for 1.35 billion shares at a cost of $205 million, increasing AES’ indirect beneficial interest in AES Andes from 67% to 67.1%. The noncontrolling interest holders subscribed for 629 million shares, resulting in additional capital contributions of $94 million. In December 2021, AES Andes sold shares acquired in the 2020 share buyback program as required by the holding period terms of the program, resulting in a decline in the Company's indirect beneficial interest in AES Andes from 67.1% to 67%. This transaction resulted in a $3 million decrease in Parent Company Stockholder's Equity due to a decrease in additional paid-in-capital. In January 2022, Cachagua completed a tender offer for the shares of AES Andes held by minority shareholders for $522 million, net of transaction costs. Upon completion, AES' indirect beneficial interest in AES Andes increased from 67.1% to 98%. Through multiple transactions in 2022 following the tender offer, Cachagua acquired an additional 1% ownership in AES Andes for $22 million, further increasing AES’ indirect beneficial interest to 99%. The tender offer and these follow-on transactions resulted in a $172 million decrease to Parent Company Stockholder’s Equity due to a decrease in additional paid-in capital of $96 million and the reclassification of accumulated other comprehensive losses from NCI to AOCL of $76 million. AES Andes is reported in the South America SBU reportable segment. Colon — In September 2021, the Company acquired the remaining 49.9% minority ownership interest in Colon, becoming its sole owner. In conjunction with the acquisition, a note payable was recorded that is expected to be satisfied over two installments by the end of 2023. This transaction resulted in a $12 million decrease in Parent Company Stockholders’ Equity due to a decrease in additional paid-in-capital of $8 million and the reclassification of accumulated other comprehensive losses from Redeemable stock of subsidiaries to AOCL of $4 million. Colon is reported in the MCAC SBU reportable segment. Cochrane — In September 2020, AES Andes completed the sale of a portion of its stake in Cochrane. The transaction included the issuance of preferred shares and the sale of 5% of its stake in the subsidiary for $113 million, which decreased the Company’s economic interest in Cochrane to 38%. The preferred shareholders have the preferential right to receive an annual amount equal to $12 million, from any dividends or distributions of capital, until reaching the original investment of $113 million plus a specified rate of return. As the Company maintained control after the sale, Cochrane continues to be consolidated by the Company within the South America SBU reportable segment. The following table summarizes the net income (loss) attributable to The AES Corporation and all transfers (to) from noncontrolling interests for the periods indicated (in millions): December 31, 2022 2021 2020 Net income (loss) attributable to The AES Corporation $ (546) $ (409) $ 46 Transfers from noncontrolling interest: Increase (decrease) in The AES Corporation's paid-in capital for sale of subsidiary shares 78 (7) 260 Increase (decrease) in The AES Corporation's paid-in-capital for purchase of subsidiary shares (78) (9) (89) Net transfers (to) from noncontrolling interest — (16) 171 Change from net income (loss) attributable to The AES Corporation and transfers (to) from noncontrolling interests $ (546) $ (425) $ 217 Deconsolidations Alto Maipo — In November 2021, Alto Maipo SpA filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code. The Company determined it no longer had control over Alto Maipo and deconsolidated the business, which increased Parent Company Stockholder's Equity by $182 million due to the disposition of $177 million of accumulated other comprehensive loss and $5 million of accumulated deficit. See Note 24 — Held-for-Sale and Dispositions for further information. Accumulated Other Comprehensive Loss — The changes in AOCL by component, net of tax and noncontrolling interests, for the periods indicated were as follows (in millions): Foreign currency translation adjustment, net Derivative gains (losses), net Unfunded pension obligations, net Total Balance at December 31, 2020 $ (1,644) $ (699) $ (54) $ (2,397) Other comprehensive income (loss) before reclassifications (86) (7) 23 (70) Amount reclassified to earnings 3 254 1 258 Other comprehensive income (loss) (83) 247 24 188 Reclassification from NCI due to share sales and repurchases (7) (4) — (11) Balance at December 31, 2021 $ (1,734) $ (456) $ (30) $ (2,220) Other comprehensive income (loss) before reclassifications (37) 645 10 618 Amount reclassified to earnings — 44 — 44 Other comprehensive income (loss) (37) 689 10 662 Reclassification from NCI due to share sales and repurchases (57) (22) (3) (82) Balance at December 31, 2022 $ (1,828) $ 211 $ (23) $ (1,640) Reclassifications out of AOCL are presented in the following table. Amounts for the periods indicated are in millions and those in parenthesis indicate debits to the Consolidated Statements of Operations. Details About December 31, AOCL Components Affected Line Item in the Consolidated Statements of Operations 2022 2021 2020 Foreign currency translation adjustments, net Gain on disposal and sale of business interests $ — $ (3) $ (192) Net income attributable to The AES Corporation $ — $ (3) $ (192) Derivative gains (losses), net Non-regulated revenue $ (1) $ (1) $ (1) Non-regulated cost of sales (1) 1 (3) Interest expense (58) (85) (60) Gain on disposal and sale of business interests — (362) — Asset impairment expense (16) (13) (10) Foreign currency transaction gains (losses) 2 (15) (7) Income from continuing operations before taxes and equity in earnings of affiliates (74) (475) (81) Income tax benefit (expense) 9 105 17 Net equity in losses of affiliates 6 (17) (10) Income from continuing operations (59) (387) (74) Less: Net loss (income) attributable to noncontrolling interests and redeemable stock of subsidiaries 15 133 2 Net income attributable to The AES Corporation $ (44) $ (254) $ (72) Amortization of defined benefit pension actuarial losses, net Regulated cost of sales $ — $ — $ (1) Non-regulated cost of sales (1) (1) 1 Other expense (1) (3) — Income from continuing operations before taxes and equity in earnings of affiliates (2) (4) — Income tax expense 1 3 — Income from continuing operations (1) (1) — Less: Income from continuing operations attributable to noncontrolling interests and redeemable stock of subsidiaries 1 — — Net income attributable to The AES Corporation $ — $ (1) $ — Total reclassifications for the period, net of income tax and noncontrolling interests $ (44) $ (258) $ (264) Common Stock Dividends — The Parent Company paid dividends of $0.1580 per outstanding share to its common stockholders during the first, second, third and fourth quarters of 2022 for dividends declared in December 2021, February 2022, July 2022, and October 2022, respectively. On December 2, 2022, the Board of Directors declared a quarterly common stock dividend of $0.1659 per share payable on February 15, 2023 to shareholders of record at the close of business on February 1, 2023. Stock Repurchase Program — No shares were repurchased in 2022. The cumulative repurchases from the commencement of the Stock Repurchase Program in July 2010 through December 31, 2022 totaled 154.3 million shares for a total cost of $1.9 billion, at an average price per share of $12.12 (including a nominal amount of commissions). As of December 31, 2022, $264 million remained available for repurchase under the Stock Repurchase Program. The common stock repurchased has been classified as treasury stock and accounted for using the cost method. A total of 150,046,537 and 151,923,418 shares were held as treasury stock at December 31, 2022 and December 31, 2021, respectively. Restricted stock units under the Company's employee benefit plans are issued from treasury stock. The Company has not retired any common stock repurchased since it began the Stock Repurchase Program in July 2010.

Segment and Geographic Informat

Segment and Geographic Information	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
SEGMENT AND GEOGRAPHIC INFORMATION	SEGMENTS AND GEOGRAPHIC INFORMATION The segment reporting structure uses the Company's management reporting structure as its foundation to reflect how the Company manages the businesses internally and is mainly organized by geographic regions which provides a socio-political-economic understanding of our business. The management reporting structure is organized by four SBUs led by our President and Chief Executive Officer: US and Utilities, South America, MCAC, and Eurasia SBUs. Using the accounting guidance on segment reporting, the Company determined that its four operating segments are aligned with its four reportable segments corresponding to its SBUs. Corporate and Other — Included in "Corporate and Other" are the results of the AES self-insurance company and certain equity affiliates, corporate overhead costs which are not directly associated with the operations of our four reportable segments, and certain intercompany charges such as self-insurance premiums which are fully eliminated in consolidation. The Company uses Adjusted PTC as its primary segment performance measure. Adjusted PTC, a non-GAAP measure, is defined by the Company as pre-tax income from continuing operations attributable to The AES Corporation excluding gains or losses of the consolidated entity due to (a) unrealized gains or losses related to derivative transactions and equity securities; (b) unrealized foreign currency gains or losses; (c) gains, losses, benefits and costs associated with dispositions and acquisitions of business interests, including early plant closures, and gains and losses recognized at commencement of sales-type leases; (d) losses due to impairments; (e) gains, losses and costs due to the early retirement of debt; and (f) net gains at Angamos, one of our businesses in the South America SBU, associated with the early contract terminations with Minera Escondida and Minera Spence. Adjusted PTC also includes net equity in earnings of affiliates on an after-tax basis adjusted for the same gains or losses excluded from consolidated entities. The Company has concluded Adjusted PTC better reflects the underlying business performance of the Company and is the most relevant measure considered in the Company's internal evaluation of the financial performance of its segments. Additionally, given its large number of businesses and complexity, the Company concluded that Adjusted PTC is a more transparent measure that better assists investors in determining which businesses have the greatest impact on the Company's results. Revenue and Adjusted PTC are presented before inter-segment eliminations, which includes the effect of intercompany transactions with other segments except for interest, charges for certain management fees, and the write-off of intercompany balances, as applicable. All intra-segment activity has been eliminated within the segment. Inter-segment activity has been eliminated within the total consolidated results. The following tables present financial information by segment for the periods indicated (in millions): Total Revenue Year Ended December 31, 2022 2021 2020 US and Utilities SBU $ 5,013 $ 4,335 $ 3,918 South America SBU 3,539 3,541 3,159 MCAC SBU 2,868 2,157 1,766 Eurasia SBU 1,217 1,123 828 Corporate and Other 119 116 231 Eliminations (139) (131) (242) Total Revenue $ 12,617 $ 11,141 $ 9,660 Reconciliation from Income (Loss) from Continuing Operations before Taxes and Equity in Earnings of Affiliates: Total Adjusted PTC Year Ended December 31, 2022 2021 2020 Loss from continuing operations before taxes and equity in earnings of affiliates $ (169) $ (1,064) $ 488 Add: Net equity in losses of affiliates (71) (24) (123) Less: Income from continuing operations before taxes, attributable to noncontrolling interests and redeemable stock of subsidiaries (96) 644 (192) Pre-tax contribution (336) (444) 173 Unrealized derivative and equity securities losses (gains) 128 (1) 3 Unrealized foreign currency losses (gains) 42 14 (10) Disposition/acquisition losses 40 861 112 Impairment losses 1,658 1,153 928 Loss on extinguishment of debt 35 91 223 Net gains from early contract terminations at Angamos — (256) (182) Total Adjusted PTC $ 1,567 $ 1,418 $ 1,247 Total Adjusted PTC Year Ended December 31, 2022 2021 2020 US and Utilities SBU $ 570 $ 660 $ 505 South America SBU 573 423 534 MCAC SBU 559 314 287 Eurasia SBU 192 196 177 Corporate and Other (326) (182) (256) Eliminations (1) 7 — Total Adjusted PTC $ 1,567 $ 1,418 $ 1,247 Total Assets Depreciation and Amortization Capital Expenditures Year Ended December 31, 2022 2021 2020 2022 2021 2020 2022 2021 2020 US and Utilities SBU $ 20,531 $ 16,512 $ 14,464 $ 574 $ 549 $ 534 $ 3,352 $ 1,115 $ 1,099 South America SBU 9,423 7,728 11,329 267 273 294 1,071 833 650 MCAC SBU 4,760 4,545 4,847 155 155 164 127 143 183 Eurasia SBU 2,870 3,466 3,621 44 66 63 23 20 9 Corporate and Other 779 712 342 13 13 13 11 29 19 Total $ 38,363 $ 32,963 $ 34,603 $ 1,053 $ 1,056 $ 1,068 $ 4,584 $ 2,140 $ 1,960 Interest Income Interest Expense Year Ended December 31, 2022 2021 2020 2022 2021 2020 US and Utilities SBU $ 50 $ 28 $ 17 $ 359 $ 362 $ 371 South America SBU 177 100 64 342 239 237 MCAC SBU 8 7 14 150 139 157 Eurasia SBU 151 161 171 107 98 113 Corporate and Other 3 2 2 159 73 160 Total $ 389 $ 298 $ 268 $ 1,117 $ 911 $ 1,038 Investments in and Advances to Affiliates Net Equity in Earnings (Losses) of Affiliates Year Ended December 31, 2022 2021 2020 2022 2021 2020 US and Utilities SBU $ 453 $ 510 $ 568 $ 54 $ 83 $ (8) South America SBU 22 19 13 2 — (80) MCAC SBU 180 144 168 (14) (23) (11) Eurasia SBU 11 — 1 — 2 4 Corporate and Other 286 407 85 (113) (86) (28) Total $ 952 $ 1,080 $ 835 $ (71) $ (24) $ (123) The following table presents information, by country, about the Company's consolidated operations for each of the three years ended December 31, 2022, 2021, and 2020, and as of December 31, 2022 and 2021 (in millions). Revenue is recorded in the country in which it is earned and assets are recorded in the country in which they are located. Total Revenue Long-Lived Assets (1) Year Ended December 31, 2022 2021 2020 2022 2021 United States (2) $ 4,093 $ 3,531 $ 3,243 $ 13,833 $ 11,034 Non-U.S.: Chile 2,064 2,297 2,092 2,730 2,241 Dominican Republic 1,591 1,087 896 1,013 892 El Salvador 902 792 666 395 371 Bulgaria 790 700 444 487 1,020 Panama 678 595 519 1,880 1,907 Mexico 595 471 349 409 614 Brazil 560 471 401 1,811 1,215 Argentina 501 390 308 461 470 Colombia 417 383 358 308 349 Vietnam (3) 323 320 285 1 — Jordan 102 98 96 41 42 Other Non-U.S. 1 6 3 26 28 Total Non-U.S. 8,524 7,610 6,417 9,562 9,149 Total $ 12,617 $ 11,141 $ 9,660 $ 23,395 $ 20,183 _____________________________ (1) For purposes of this disclosure, long-lived assets implies hard assets that cannot be readily removed, and thus excludes intangibles. Long-lived assets disclosed above include amounts recorded in Property, plant and equipment, net and right-of-use assets for operating leases recorded in Other noncurrent assets on the Consolidated Balance Sheets. (2) Includes Puerto Rico revenues of $293 million, $311 million, and $298 million for the years ended December 31, 2022, 2021, and 2020, respectively, and long-lived assets of $96 million and $79 million as of December 31, 2022 and 2021, respectively. (3) The Mong Duong II power project is operated under a BOT contract. Future expected payments for the construction performance obligation are recognized in Loan receivable on the Consolidated Balance Sheets. See Note 20— Revenue for further information.

Share-Based Compensation

Share-Based Compensation	12 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
SHARE-BASED COMPENSATION	SHARE-BASED COMPENSATION RESTRICTED STOCK Restricted Stock Units — The Company issues RSUs under its long-term compensation plan. The RSUs are generally granted based upon a percentage of the participant's base salary. Most RSUs have a three-year vesting period and vest evenly in annual increments over that period. In all circumstances, RSUs granted by AES do not entitle the holder the right, or obligate AES, to settle the RSU in cash or other assets of AES. For the years ended December 31, 2022, 2021, and 2020, RSUs issued had a grant date fair value equal to the closing price of the Company's stock on the grant date. The Company does not discount the grant date fair values to reflect any post-vesting restrictions. RSUs granted to employees during the years ended December 31, 2022, 2021, and 2020 had grant date weighted average fair values per RSU of $20.92, $26.46, and $20.75, respectively. The 2021 and 2022 RSUs awarded to certain executives have a performance condition related to the achievement of environmental, social and governance goals for the three-year periods ending December 31, 2023 and December 31, 2024, respectively. This performance condition can adjust the final number of units that vest to increase or decrease by up to 15% of the total units for all three years. The adjustment will be reflected in the number of units that vest at the end of the three-year performance period. The following table summarizes the components of the Company's stock-based compensation related to its employee RSUs recognized in the Company's consolidated financial statements (in millions): December 31, 2022 2021 2020 RSU expense before income tax $ 16 $ 12 $ 10 Tax benefit (2) (2) (2) RSU expense, net of tax $ 14 $ 10 $ 8 Total value of RSUs converted (1) $ 8 $ 13 $ 11 Total fair value of RSUs vested $ 13 $ 10 $ 10 _____________________________ (1) Amount represents fair market value on the date of conversion. Cash was not used to settle RSUs or compensation cost capitalized as part of the cost of an asset for the years ended December 31, 2022, 2021, and 2020. As of December 31, 2022, total unrecognized compensation cost related to RSUs of $25 million is expected to be recognized over a weighted average period of approximately 2.16 years. There were no modifications to RSU awards during the year ended December 31, 2022. A summary of the activity of RSUs for the year ended December 31, 2022 follows (RSUs in thousands): RSUs Weighted Average Grant Date Fair Values Weighted Average Remaining Vesting Term Nonvested at December 31, 2021 1,558 $ 24.14 Vested (576) 22.33 Forfeited and expired (102) 23.72 Granted 821 20.92 Nonvested at December 31, 2022 1,701 $ 23.22 1.97 Expected to vest at December 31, 2022 1,572 $ 23.25 The Company initially recognizes compensation cost on the estimated number of instruments for which the requisite service is expected to be rendered. In 2022, AES has estimated a weighted average forfeiture rate of 5.27% for RSUs granted in 2022. This estimate will be revised if subsequent information indicates that the actual number of instruments forfeited is likely to differ from previous estimates. Based on the estimated forfeiture rate, the Company expects to expense $16 million on a straight-line basis over a weighted average period of three years years. The following table summarizes the RSUs that vested and were converted during the periods indicated (RSUs in thousands): Year Ended December 31, 2022 2021 2020 RSUs vested during the year 576 634 806 RSUs converted during the year, net of shares withheld for taxes 380 452 547 Shares withheld for taxes 196 182 259 OTHER SHARE BASED COMPENSATION The Company has three other share-based award programs. The Company has recorded expense of $23 million, $14 million, and $21 million for 2022, 2021, and 2020, respectively, related to these programs. Stock options — AES grants options to purchase shares of common stock under stock option plans to non-employee directors. Under the terms of the plans, the Company may issue options to purchase shares of the Company's common stock at a price equal to 100% of the market price at the date the option is granted. Stock options issued in 2020, 2021, and 2022 have a three-year vesting schedule and vest in one-third increments over the three-year period. The stock options have a contractual term of 10 years. In all circumstances, stock options granted by AES do not entitle the holder the right, or obligate AES, to settle the stock option in cash or other assets of AES. Performance Stock Units — In 2020, 2021, and 2022, the Company issued PSUs to officers under its long-term compensation plan. PSUs are stock units which include performance conditions. For 2020, 2021, and 2022, performance conditions are based on the Company’s Parent Free Cash Flow target. The performance conditions determine the vesting and final share equivalent per PSU and can result in earning an award payout range of 0% to 200%, depending on the achievement. The Company believes it is probable that the performance condition will be met and will continue to be evaluated throughout the performance period. In all circumstances, PSUs granted by AES do not entitle the holder the right, or obligate AES, to settle the stock units in cash or other assets of AES.

Redeemable Stock of Subsidiarie

Redeemable Stock of Subsidiaries	12 Months Ended
	Dec. 31, 2022
Temporary Equity [Abstract]
REDEEMABLE STOCK OF SUBSIDIARES	REDEEMABLE STOCK OF SUBSIDIARIES The following table is a reconciliation of changes in redeemable stock of subsidiaries (in millions): December 31, 2022 2021 Balance at the beginning of the period $ 1,257 $ 872 Net loss (87) (6) Other comprehensive income 40 19 Adjustments to redemption value — 4 Distributions to holders of redeemable stock of subsidiaries (64) — Acquisitions and reclassification of redeemable stock of subsidiaries (60) (211) Contributions from holders of redeemable stock of subsidiaries 67 579 Sales of redeemable stock of subsidiaries 168 — Balance at the end of the period $ 1,321 $ 1,257 The following table summarizes the Company's redeemable stock of subsidiaries balances as of the periods indicated (in millions): December 31, 2022 2021 IPALCO common stock $ 782 $ 700 AES Clean Energy Development common stock 436 497 AES Clean Energy Development tax equity partnerships 86 — Potengi common and preferred stock 17 — AES Indiana preferred stock — 60 Total redeemable stock of subsidiaries $ 1,321 $ 1,257 AES Indiana — AES Indiana had $60 million of cumulative preferred stock outstanding as of December 31, 2021, which represented five series of preferred stock. The redemption of the preferred shares was considered to be not solely within the control of the issuer and the preferred stock was considered temporary equity. In December 2022, AES Indiana redeemed all of its outstanding preferred shares for $60 million. The preferred shares were retired upon redemption as there is no intention for the shares to be reissued. AES Indiana is reported in the US and Utilities SBU reportable segment. AES Clean Energy Development Tax Equity Partnerships — The majority of solar projects under AES Clean Energy Development have been financed with tax equity structures, in which tax equity investors receive a portion of the economic attributes of the facilities, including tax attributes, that vary over the life of the projects. In some cases, these agreements contain certain partnership rights, though not currently in effect, that would enable the tax equity investor to exit in the future. As a result, the minority ownership interest is considered temporary equity. In 2022, AES Clean Energy Development, through multiple transactions, sold noncontrolling interests in multiple project companies to tax equity partners, resulting in a $157 million increase to Redeemable stock of subsidiaries . AES Clean Energy Development is reported in the US and Utilities SBU reportable segment. IPALCO — In December 2021, CDPQ made equity capital contributions of $34 million to AES U.S. Investments, subsequently contributed to IPALCO by AES U.S. Investments, and $48 million to IPALCO as part of a capital call to raise proceeds for AES Indiana's TDSIC and replacement generation projects. In December 2022, CDPQ made additional capital contributions of $77 million. The Company and CDPQ made capital contributions on a proportional share basis; therefore, the capital calls did not change CDPQ or AES' ownership interests in IPALCO. IPALCO is reported in the US and Utilities SBU reportable segment. Potengi — In March 2022, Tucano Holding I (“Tucano”), a subsidiary of AES Brasil, issued new shares in the Potengi wind development project. BRF S.A. (“BRF”) acquired shares representing 24% of the equity in the project for $12 million, reducing the Company’s indirect ownership interest in Potengi to 35.5%. As the Company maintained control after the transaction, Potengi continues to be consolidated by the Company. As part of the transaction, BRF was given an option to sell its entire ownership interest at the conclusion of the PPA term. As a result, the minority ownership interest is considered temporary equity, which will be adjusted for earnings or losses allocated to the noncontrolling interest under ASC 810. Any subsequent changes in the redemption value of the exit rights will be recognized against permanent equity in accordance with ASC 480-10-S99, as it is probable that the shares will become redeemable. Potengi is reported in the South America SBU reportable segment. Colon — In September 2021, the Company acquired the remaining 49.9% minority ownership interest in Colon, reducing the value of the Colon temporary equity to zero. See Note 17— Equity for further information. Colon is reported in the MCAC SBU reportable segment. AES Clean Energy Development — On February 1, 2021, the Company substantially completed the merger of the sPower and AES Renewable Holdings development platforms to form AES Clean Energy Development, which will serve as the development vehicle for all future renewable projects in the U.S. As part of the transaction, AlMCo, our existing partner in the sPower equity method investment, received a 25% minority ownership interest in the newly formed entity along with certain partnership rights, though not currently in effect, that would enable AIMCo to exit in the future. As a result, the minority ownership interest is considered temporary equity. During the second quarter of 2021, the Company recorded measurement period adjustments to the estimated fair values of the sPower and AES Renewable Holdings development platforms and the value of the partnership rights initially recorded in the first quarter of 2021, which resulted in an $81 million increase in the value of the temporary equity. The temporary equity will be adjusted for earnings or losses allocated to the noncontrolling interest under ASC 810. Any subsequent changes in the redemption value of the exit rights will be recognized against permanent equity in accordance with ASC 480-10-S99, as it is probable that the shares will become redeemable. See Note 25 — Acquisitions for further information. AES Clean Energy Development is reported in the US and Utilities SBU reportable segment.

Revenue (Notes)

Revenue (Notes)	12 Months Ended
	Dec. 31, 2022
Revenue [Abstract]
Revenue from Contract with Customer [Text Block]	REVENUE The following table presents our revenue from contracts with customers and other revenue for the periods indicated (in millions): Year Ended December 31, 2022 US and Utilities SBU South America SBU MCAC SBU Eurasia SBU Corporate, Other and Eliminations Total Regulated Revenue Revenue from contracts with customers $ 3,507 $ — $ — $ — $ — $ 3,507 Other regulated revenue 31 — — — — 31 Total regulated revenue 3,538 — — — — 3,538 Non-Regulated Revenue Revenue from contracts with customers 1,374 3,514 2,770 1,002 (21) 8,639 Other non-regulated revenue (1) 101 25 98 215 1 440 Total non-regulated revenue 1,475 3,539 2,868 1,217 (20) 9,079 Total revenue $ 5,013 $ 3,539 $ 2,868 $ 1,217 $ (20) $ 12,617 Year Ended December 31, 2021 US and Utilities SBU South America SBU MCAC SBU Eurasia SBU Corporate, Other and Eliminations Total Regulated Revenue Revenue from contracts with customers $ 2,831 $ — $ — $ — $ — $ 2,831 Other regulated revenue 37 — — — — 37 Total regulated revenue 2,868 — $ — — — 2,868 Non-Regulated Revenue Revenue from contracts with customers 1,132 3,531 2,057 881 (15) 7,586 Other non-regulated revenue (1) 335 10 100 242 — 687 Total non-regulated revenue 1,467 3,541 2,157 1,123 (15) 8,273 Total revenue $ 4,335 $ 3,541 $ 2,157 $ 1,123 $ (15) $ 11,141 Year Ended December 31, 2020 US and Utilities SBU South America SBU MCAC SBU Eurasia SBU Corporate, Other and Eliminations Total Regulated Revenue Revenue from contracts with customers $ 2,626 $ — $ — $ — $ — $ 2,626 Other regulated revenue 35 — — — — 35 Total regulated revenue 2,661 — — — — 2,661 Non-Regulated Revenue Revenue from contracts with customers 1,015 3,151 1,668 594 (10) 6,418 Other non-regulated revenue (1) 242 8 98 234 (1) 581 Total non-regulated revenue 1,257 3,159 1,766 828 (11) 6,999 Total revenue $ 3,918 $ 3,159 $ 1,766 $ 828 $ (11) $ 9,660 _____________________________ (1) Other non-regulated revenue primarily includes lease and derivative revenue not accounted for under ASC 606. Contract Balances — The timing of revenue recognition, billings, and cash collections results in accounts receivable and contract liabilities. The contract liabilities from contracts with customers were $337 million and $216 million as of December 31, 2022 and December 31, 2021, respectively. During the years ended December 31, 2022 and 2021, we recognized revenue of $36 million and $410 million, respectively, that was included in the corresponding contract liability balance at the beginning of the periods. In August 2020, AES Andes reached an agreement with Minera Escondida and Minera Spence to early terminate two PPAs of the Angamos coal-fired plant in Chile, further accelerating AES Andes' decarbonization strategy. As a result of the termination payment, Angamos recognized a contract liability of $655 million, of which $55 million was derecognized each month through the end of the remaining performance obligation in August 2021. A significant financing arrangement exists for our Mong Duong plant in Vietnam. The plant was constructed under a BOT contract and will be transferred to the Vietnamese government after the completion of a 25 year PPA. The performance obligation to construct the facility was substantially completed in 2015. Contract consideration related to the construction, but not yet collected through the 25 year PPA, was reflected on the Consolidated Balance Sheet. As of December 31, 2021, Mong Duong met the held-for-sale criteria and the loan receivable balance of $1.2 billion, net of CECL reserve of $30 million, was classified as held-for-sale assets. Of the loan receivable balance, $91 million was classified as Current held-for-sale assets , and $1.1 billion was classified as Noncurrent held-for-sale assets . As of December 31, 2022, Mong Duong no longer met the held-for-sale criteria, as such, the loan receivable balance of $1.1 billion, net of CECL reserve of $28 million, was classified as a Loan receivable on the Consolidated Balance Sheet . See Note 24 —Held-for-Sale and Dispositions for further information. Remaining Performance Obligations — The transaction price allocated to remaining performance obligations represents future consideration for unsatisfied (or partially unsatisfied) performance obligations at the end of the reporting period. As of December 31, 2022, the aggregate amount of transaction price allocated to remaining performance obligations was $9 million, primarily consisting of fixed consideration for the sale of renewable energy credits ("RECs") in long-term contracts in the U.S. We expect to recognize revenue on approximately one-fifth of the remaining performance obligations in 2023 and 2024, with the remainder recognized thereafter.

Other Income and Expense

Other Income and Expense	12 Months Ended
	Dec. 31, 2022
Other Income and Expenses [Abstract]
OTHER INCOME AND EXPENSE	OTHER INCOME AND EXPENSEOther income generally includes gains on insurance recoveries in excess of property damage, gains on asset sales and liability extinguishments, favorable judgments on contingencies, allowance for funds used during construction, and other income from miscellaneous transactions. Other expense generally includes losses on asset sales and dispositions, losses on legal contingencies, and losses from other miscellaneous transactions. The components are summarized as follows (in millions): Year Ended December 31, 2022 2021 2020 Other Income Gain on remeasurement of investment (1) $ 22 $ — $ — Insurance proceeds (2) 12 — — AFUDC (US Utilities) 10 8 5 Liquidated damages under a power sales agreement 10 — — Legal settlements (3) 6 53 — Gain on remeasurement to acquisition-date fair value (4) 5 254 — Non-service pension income 5 10 — Gain on acquired customer contracts 5 — — Gain on remeasurement of contingent consideration (5) 3 28 — Gain on sale of assets (6) — 24 46 Gain on pension curtailment — 11 — Other 24 22 24 Total other income $ 102 $ 410 $ 75 Other Expense Cost of disposition of business interests (7) $ 15 $ — $ — Loss on sale and disposal of assets 13 14 7 Legal contingencies and settlements 8 2 15 Loss on commencement of sales-type leases (8) 5 13 — Loss on sale of receivables (9) — 9 20 Other 27 22 11 Total other expense $ 68 $ 60 $ 53 _____________________________ (1) Related to the remeasurement of our existing investment in 5B, accounted for using the measurement alternative. (2) Primarily related to insurance recoveries associated with property damage at TermoAndes. (3) For the year ended December 31, 2021, primarily related to settlement of legal arbitration at Alto Maipo. (4) For the year ended December 31, 2021, related to the remeasurement of our existing equity interest in sPower’s development platform as part of the step acquisition to form AES Clean Energy Development. See Note 25— Acquisitions for further information. (5) For the year ended December 31, 2021, primarily related to the remeasurement of contingent consideration on the Great Cove Solar acquisition at AES Clean Energy. See Note 25— Acquisitions for further information. (6) For the year ended December 31, 2020, primarily associated with the gain on sale of Redondo Beach land at Southland. See Note 24— Held-for-Sale and Dispositions for further information. (7) Cost of disposition of a business interest at AES Gilbert due to a fire incident in April 2022, including the recognition of an allowance on the sales-type lease receivable. (8) Related to losses recognized at commencement of sales-type leases at AES Renewable Holdings. See Note 14— Leases for further information. (9) Associated with loss on sale of Stabilization Fund receivables at AES Andes. See Note 7— Financing Receivables for further information.

Asset Impairment Expense

Asset Impairment Expense	12 Months Ended
	Dec. 31, 2021
Impairment or Disposal of Tangible Assets Disclosure [Abstract]
ASSET IMPAIRMENT EXPENSE	ASSET IMPAIRMENT EXPENSE Year ended December 31, (in millions) 2022 2021 2020 Maritza $ 468 $ — $ — TEG TEP 193 — — Jordan 76 — — Ventanas 3 & 4 — 649 — Puerto Rico — 475 — Angamos — 155 564 Buffalo Gap III — 91 — Buffalo Gap II — 73 — Mountain View I & II — 67 — Buffalo Gap I — 29 — Estrella del Mar I — 11 30 Ventanas 1 & 2 — — 213 Hawaii — — 38 Other 26 25 19 Total $ 763 $ 1,575 $ 864 TEG TEP — On October 1, 2022, the Company performed the annual goodwill impairment test for the TEG TEP reporting unit. The quantitative impairment test resulted in an estimated fair value of the reporting unit which was less than its carrying amount. The failure of the goodwill impairment test was identified as an impairment indicator for the long-lived assets of the TEG TEP reporting unit. The Company performed an impairment analysis as of October 1, 2022, in which it was determined that the carrying amount of the asset group was not recoverable. The TEG TEP asset group was determined to have a fair value of $311 million using the income approach. As a result, the Company recognized pre-tax asset impairment expense of $193 million. Subsequent to the asset impairment being recorded, the Company re-performed the goodwill test and no impairment was noted. TEG TEP is reported in the MCAC SBU reportable segment. Jordan — In November 2020, the Company signed an agreement to sell 26% ownership interest in Amman East and IPP4 for $58 million and as of December 31, 2022, the generation plants were classified as held-for-sale. Due to the delay in closing the transaction, the carrying amount of the asset group in subsequent periods exceeded the agreed-upon sales price and total pre-tax impairment expense of $76 million was recorded during 2022. See Note 24 —Held-for-Sale and Dispositions for further information. Jordan is reported in the Eurasia SBU reportable segment. Maritza — In May 2022, the Council for the European Union approved Bulgaria’s National Recovery and Resilience plan which commits the country to cease generating electricity from coal beyond 2038. As this plan is expected to prohibit the Company from operating the Maritza coal-fired plant through its estimated useful life, it was determined that an indicator of impairment had occurred. The Company reassessed the useful life of the facility and performed an impairment analysis as of April 30, 2022, in which it was determined that the carrying amount of the asset group was not recoverable. The Maritza asset group was determined to have a fair value of $452 million using the income approach. As a result, the Company recognized pre-tax asset impairment expense of $468 million. Maritza is reported in the Eurasia SBU reportable segment. Buffalo Gap — During the fourth quarter of 2021, due to an expired PPA and volatile spot prices in the ERCOT market, management concluded that the carrying value of the long-lived assets of Buffalo Gap I, II, and III wind generation facilities may not be recoverable. As such, the Company performed an impairment analysis and determined that the fair value of each asset group, using the income approach, was zero for Buffalo Gap I, II and III. As a result, the Company recognized pre-tax asset impairment expense of $29 million, $73 million, and $91 million at Buffalo Gap I, II, and III, respectively. Buffalo Gap is reported in the US and Utilities SBU reportable segment. Ventanas and Angamos — In August 2020, AES Andes reached an agreement with Minera Escondida and Minera Spence to early terminate two PPAs of the Angamos coal-fired plant in Chile, further accelerating AES Andes’ decarbonization strategy. AES Andes also announced its intention to accelerate the retirement of the Ventanas 1 and Ventanas 2 coal-fired plants. Management will no longer be pursuing a contracting strategy for these assets and the plants will primarily be utilized as peaker plants and for grid stability. Due to these developments, the Company performed an impairment analysis and determined that the carrying amounts of these asset groups were not recoverable. The Angamos asset group was determined to have a fair value of $306 million, using the income approach. As a result, the Company recognized pre-tax asset impairment expense of $564 million and $213 million at Angamos and Ventanas 1 & 2, respectively. In July 2021, AES Andes entered into an agreement committing to accelerate the retirement of the Ventanas 3, Ventanas 4, Angamos 1, and Angamos 2 coal-fired plants in Chile. Due to these strategic developments, the Company performed impairment analyses as of June 30, 2021, and determined that the carrying amounts of the asset groups were not recoverable. The Ventanas 3 & 4 and Angamos asset groups were determined to have fair values of $12 million and $86 million, respectively, using the income approach. As a result, the Company recognized pre-tax asset impairment expense of $649 million and $155 million, respectively. Ventanas and Angamos are reported in the South America SBU reportable segment. Mountain View I & II — In April 2021, the Company approved plans to execute a repowering project for the Mountain View I & II wind facility and signed two new PPAs for the energy and capacity related to the repowered asset. As the repowering will result in decommissioning the majority of the existing wind turbines in advance of their depreciable lives, the execution of the new PPAs was identified as an impairment indicator. The asset group was determined to have a fair value of $11 million using the income approach. As a result, the Company recognized pre-tax asset impairment expense of $67 million. Mountain View I & II is reported in the US and Utilities SBU reportable segment. Puerto Rico — New factors arose in the first quarter of 2021 associated with the economic costs and operational and reputational risks of disposal of coal combustion residuals off island. In addition, new legislative initiatives surrounding the prohibition of coal generation assets in Puerto Rico were introduced. Collectively, these factors along with management’s decision on how to best achieve our stated decarbonization goals resulted in an indicator of impairment at our asset group in Puerto Rico. As such, management performed a recoverability test in accordance with ASC 360 and concluded that Puerto Rico’s undiscounted cash flows did not exceed the carrying value of the asset group. The fair value of the asset group was determined to be $73 million, resulting in pre-tax impairment expense of $475 million. Puerto Rico is reported in the US and Utilities SBU reportable segment. Estrella del Mar I — In August 2020, the Estrella del Mar I power barge was disconnected from the Panama grid. Upon disconnection, the Company concluded that the barge was no longer part of the AES Panama asset group and performed an impairment analysis. The Company determined that the carrying amount of the asset was not recoverable and recognized asset impairment expense of $30 million. In September 2021, the Company recognized additional asset impairment expense of $11 million due to a change in the estimated market value of the power barge. See Note 24 —Held-for-Sale and Dispositions for further information. Estrella del Mar I is reported in the MCAC SBU reportable segment. Hawaii — In July 2020, the Hawaii State Legislature passed Senate Bill 2629 which will prohibit AES Hawaii from generating electricity from coal after December 31, 2022. Therefore, management further reassessed the economic useful life of the generation facility and a decrease in the useful life was identified as an impairment indicator. The Company performed an impairment analysis and determined that the carrying amount of the asset group was not recoverable. As a result, the Company recognized asset impairment expense of $38 million during the third quarter of 2020. The Company retired the generation facility in August 2022. Hawaii is reported in the US and Utilities SBU reportable segment.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	INCOME TAXES Income Tax Provision — The following table summarizes the expense for income taxes on continuing operations for the periods indicated (in millions): December 31, 2022 2021 2020 Federal: Current $ 3 $ (2) $ (8) Deferred (18) 42 (17) State: Current 2 1 — Deferred 1 18 2 Foreign: Current 256 273 458 Deferred 21 (465) (219) Total $ 265 $ (133) $ 216 Effective and Statutory Rate Reconciliation — The following table summarizes a reconciliation of the U.S. statutory federal income tax rate to the Company's effective tax rate as a percentage of income from continuing operations before taxes for the periods indicated: December 31, 2022 2021 2020 Statutory Federal tax rate 21 % 21 % 21 % State taxes, net of Federal tax benefit (1) % (6) % (6) % Taxes on foreign earnings (42) % (2) % 15 % Valuation allowance (10) % 7 % 16 % Uncertain tax positions 7 % 16 % — % Change in tax law — % (1) % 3 % U.S. Investment Tax Credit — % — % (8) % Alto Maipo deconsolidation — % (17) % — % Noncontrolling interest on Buffalo Gap impairments — % (3) % — % Nondeductible goodwill impairments (127) % — % — % Other—net (5) % (2) % 3 % Effective tax rate (157) % 13 % 44 % For 2022, included in the (42)% taxes on foreign earnings is the impact of favorable LNG sales at certain MCAC businesses and inflation and foreign currency impacts at certain Argentine businesses. The (127)% nondeductible goodwill impairments relates to the impairments at AES Andes and AES El Salvador. Not included in the 2022 effective tax rate is $27 million of income tax expense recorded to additional paid-in capital related to the Company's sale of 14.9% of its ownership interest in the Southland Energy assets. See Note 17— Equity for details of the sale. For 2021, included in the 7% for valuation allowance is approximately $93 million related to the release of valuation allowance at one of our Brazilian subsidiaries. Included in the 16% uncertain tax positions is approximately $176 million of income tax benefit related to effective settlement resulting from the exam closure of the Company’s U.S. 2017 tax return, the focus of which was on the TCJA one-time transition tax. The (17)% included in the Alto Maipo deconsolidation item above primarily reflects the lack of tax benefit for approximately $775 million of the $2,074 million pretax Alto Maipo deconsolidation loss. Also included in this item is approximately $41 million of tax benefit related to resulting tax over book outside basis difference in Alto Maipo, which is offset by $41 million of tax expense in the valuation allowance line item. The (3)% Buffalo Gap impairments item relates to the amounts of impairment allocated to tax equity noncontrolling interest which are nondeductible. For 2020, the 15% taxes on foreign earnings item includes $20 million of tax benefit associated with the Company's equity investment in Guacolda. Included in the 2020 (8)% U.S. investment tax credit is $35 million of benefit associated with the Na Pua Makani wind facility. Not included in the 2020 effective tax rate is $75 million of income tax expense recorded to additional paid-in-capital related to the Company's sale of 35% of its ownership interest in the Southland Energy assets. See Note 17— Equity for details of the sale. Income Tax Receivables and Payables — The current income taxes receivable and payable are included in Other current assets and Accrued and other liabilities , respectively, on the accompanying Consolidated Balance Sheets. The noncurrent income taxes receivable and payable are included in Other noncurrent assets and Other noncurrent liabilities , respectively, on the accompanying Consolidated Balance Sheets. The following table summarizes the income taxes receivable and payable as of the periods indicated (in millions): December 31, 2022 2021 Income taxes receivable—current $ 107 $ 184 Income taxes receivable—noncurrent 69 2 Total income taxes receivable $ 176 $ 186 Income taxes payable—current $ 104 $ 133 Income taxes payable—noncurrent — — Total income taxes payable $ 104 $ 133 Deferred Income Taxes — Deferred income taxes reflect the net tax effects of (a) temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes and (b) operating loss and tax credit carryforwards. These items are stated at the enacted tax rates that are expected to be in effect when taxes are actually paid or recovered. As of December 31, 2022, the Company had federal net operating loss carryforwards for tax return purposes of approximately $1.4 billion, of which approximately $30 million expire in 2036 and $1.37 billion carry forward indefinitely. The Company also had federal general business tax credit carryforwards of approximately $70 million, of which $14 million expire in years 2023 to 2032 and $56 million expire in years 2035 to 2042. Additionally, the Company had state net operating loss carryforwards as of December 31, 2022 of approximately $6.1 billion expiring primarily in years 2023 to 2042. As of December 31, 2022, the Company had foreign net operating loss carryforwards of approximately $2.1 billion that expire at various times beginning in 2023 and some of which carry forward without expiration. Valuation allowances increased $49 million during 2022 to $577 million at December 31, 2022. This net increase was primarily the result of valuation allowance established at acquisition of a Brazilian subsidiary. Valuation allowances decreased $106 million during 2021 to $528 million at December 31, 2021. This net decrease was primarily due to the release of valuation allowance at one of our Brazilian subsidiaries. The Company believes that it is more likely than not that the net deferred tax assets as shown below will be realized when future taxable income is generated through the reversal of existing taxable temporary differences and income that is expected to be generated by businesses that have long-term contracts or a history of generating taxable income. The following table summarizes deferred tax assets and liabilities, as of the periods indicated (in millions): December 31, 2022 2021 Differences between book and tax basis of property $ (903) $ (961) Investment in U.S. tax partnerships (582) (629) Other taxable temporary differences (350) (418) Total deferred tax liability (1,835) (2,008) Operating loss carryforwards 1,129 979 Capital loss carryforwards 62 77 Bad debt and other book provisions 57 380 Tax credit carryforwards 62 68 Other deductible temporary differences 282 464 Total gross deferred tax asset 1,592 1,968 Less: Valuation allowance (577) (528) Total net deferred tax asset 1,015 1,440 Net deferred tax liability $ (820) $ (568) The Company considers undistributed earnings of certain foreign subsidiaries to be indefinitely reinvested outside of the U.S. Except for the one-time transition tax in the U.S., no taxes have been recorded with respect to our indefinitely reinvested earnings in accordance with the relevant accounting guidance for income taxes. Should the earnings be remitted as dividends, the Company may be subject to additional foreign withholding and state income taxes. Under the TCJA, future distributions from foreign subsidiaries will generally be subject to a federal dividends received deduction in the U.S. As of December 31, 2022, the cumulative amount of U.S. GAAP foreign un-remitted earnings upon which additional income taxes have not been provided is approximately $3 billion. It is not practicable to estimate the amount of any additional taxes which may be payable on the undistributed earnings. Income from operations in certain countries is subject to reduced tax rates as a result of satisfying specific commitments regarding employment and capital investment. The Company's income tax benefits related to the tax status of these operations are estimated to be $27 million, $27 million and $33 million for the years ended December 31, 2022, 2021 and 2020, respectively. The per share effect of these benefits after noncontrolling interests was $0.02, $0.02 and $0.03 for the years ended December 31, 2022, 2021 and 2020, respectively. Included in the Company's income tax benefits is the benefit related to our operations in Vietnam, which is estimated to be $18 million, $16 million and $16 million for the years ended December 31, 2022, 2021 and 2020, respectively. The per share effect of these benefits related to our operations in Vietnam after noncontrolling interest was $0.01 for each of the years ended December 31, 2022, 2021 and 2020. The following table shows the income (loss) from continuing operations, before income taxes, net equity in earnings of affiliates and noncontrolling interests, for the periods indicated (in millions): December 31, 2022 2021 2020 U.S. $ 22 $ 622 $ (135) Non-U.S. (191) (1,686) 623 Total $ (169) $ (1,064) $ 488 Uncertain Tax Positions — Uncertain tax positions have been classified as noncurrent income tax liabilities unless they are expected to be paid within one year. The Company's policy for interest and penalties related to income tax exposures is to recognize interest and penalties as a component of the provision for income taxes in the Consolidated Statements of Operations. The following table shows the total amount of gross accrued income taxes related to interest and penalties included in the Consolidated Balance Sheets for the periods indicated (in millions): December 31, 2022 2021 Interest related $ 2 $ 2 Penalties related — 1 The following table shows the expense/(benefit) related to interest and penalties on unrecognized tax benefits for the periods indicated (in millions): December 31, 2022 2021 2020 Total benefit for interest related to unrecognized tax benefits $ — $ 1 $ — Total expense for penalties related to unrecognized tax benefits — 1 — We are potentially subject to income tax audits in numerous jurisdictions in the U.S. and internationally until the applicable statute of limitations expires. Tax audits by their nature are often complex and can require several years to complete. The following is a summary of tax years potentially subject to examination in the significant tax and business jurisdictions in which we operate: Jurisdiction Tax Years Subject to Examination Argentina 2016-2022 Brazil 2016-2022 Chile 2019-2022 Colombia 2016-2022 Dominican Republic 2019-2022 El Salvador 2019-2022 Netherlands 2016-2022 Panama 2019-2022 United Kingdom 2019-2022 United States (Federal) 2017-2022 As of December 31, 2022, 2021 and 2020, the total amount of unrecognized tax benefits was $107 million, $122 million and $458 million, respectively. The total amount of unrecognized tax benefits that would benefit the effective tax rate as of December 31, 2022, 2021 and 2020 is $107 million, $122 million and $439 million, respectively, of which $2 million, $4 million, and $33 million, respectively, would be in the form of tax attributes that would warrant a full valuation allowance. Further, the total amount of unrecognized tax benefit that would benefit the effective tax rate as of 2022 would be reduced by approximately $34 million of tax expense related to remeasurement from 35% to 21%. The total amount of unrecognized tax benefits anticipated to result in a net decrease to unrecognized tax benefits within 12 months of December 31, 2022 is estimated to be between zero and $10 million, primarily relating to statute of limitation lapses and tax exam settlements. The following is a reconciliation of the beginning and ending amounts of unrecognized tax benefits for the periods indicated (in millions): 2022 2021 2020 Balance at January 1 $ 122 $ 458 $ 465 Additions for current year tax positions 4 28 — Additions for tax positions of prior years — 14 3 Reductions for tax positions of prior years (16) — (6) Settlements (3) (377) — Lapse of statute of limitations — (1) (4) Balance at December 31 $ 107 $ 122 $ 458 The 2021 settlement amount of $377 million above primarily relates to effective settlement of historic unrecognized tax benefits as a result of the exam closure of the Company’s U.S. 2017 tax return, the focus of which was on the TCJA one-time transition tax assessed on cumulative foreign earnings and profits. This amount is based on the pre-TCJA income tax rate of 35% though the actual impact to the Company’s income tax expense is an income tax benefit computed at 21%. The Company and certain of its subsidiaries are currently under examination by the relevant taxing authorities for various tax years. The Company regularly assesses the potential outcome of these examinations in each of the taxing jurisdictions when determining the adequacy of the amount of unrecognized tax benefit recorded. While it is often difficult to predict the final outcome or the timing of resolution of any particular uncertain tax position, we believe we have appropriately accrued for our uncertain tax benefits. However, audit outcomes and the timing of audit settlements and future events that would impact our previously recorded unrecognized tax benefits and the range of anticipated increases or decreases in unrecognized tax benefits are subject to significant uncertainty. It is possible that the ultimate outcome of current or future examinations may exceed our provision for current unrecognized tax benefits in amounts that could be material, but cannot be estimated as of December 31, 2022. Our effective tax rate and net income in any given future period could therefore be materially impacted.

Held-for-Sale and Dispositions

Held-for-Sale and Dispositions	12 Months Ended
	Dec. 31, 2022
Business Combinations [Abstract]
Held-for-Sale and Dispositions	HELD-FOR-SALE AND DISPOSITIONS Held-for-Sale Mong Duong — In December 2020, the Company entered into an agreement to sell its entire 51% ownership interest in Mong Duong, a coal-fired plant in Vietnam, and 51% equity interest in Mong Duong Finance Holdings B.V, an SPV accounted for as an equity affiliate. As a result, the Mong Duong plant and SPV were classified as held-for-sale, but did not meet the criteria to be reported as discontinued operations. The transaction was not closed by December 31, 2022 and the agreement was terminated by the parties. As of December 31, 2022, the Mong Duong plant and SPV no longer met the held-for-sale criteria and were reclassified to held and used. Mong Duong is reported in the Eurasia SBU reportable segment. Jordan — In November 2020, the Company signed an agreement to sell 26% ownership interest in IPP1 and IPP4 for $58 million. The sale is expected to close in 2023. After completion of the sale, the Company will retain a 10% ownership interest in IPP1 and IPP4, which will be accounted for as an equity method investment. As of December 31, 2022, the generation plants were classified as held-for-sale, but did not meet the criteria to be reported as discontinued operations. On a consolidated basis, the carrying value of the plants held-for-sale as of December 31, 2022 was $164 million. Jordan is reported in the Eurasia SBU reportable segment. Excluding any impairment charges, pre-tax income attributable to AES of businesses held-for-sale as of December 31, 2022 was as follows (in millions): Year Ended December 31, 2022 2021 2020 Jordan (6) 21 20 Dispositions Colon transmission line — In December 2021, Gas Natural Atlántico II S. de. R.L., completed the sale of its transmission line to Empresa de Transmision Electrica, S.A., a government entity in charge of transmission of energy in Panama, for $51 million, resulting in a pre-tax gain on sale of $6 million, reported in Other income on the Consolidated Statement of Operations. The sale did not meet the criteria to be reported as discontinued operations. Prior to its sale, the Colon transmission line was reported in the MCAC SBU reportable segment. Alto Maipo — In November 2021, Alto Maipo SpA filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code. Therefore, the Company determined it no longer had control over Alto Maipo, resulting in its deconsolidation. The Company recorded a pre-tax loss on deconsolidation of $2,074 million in Loss on disposal and sale of business interests on the Consolidated Statement of Operations. As Alto Maipo represents a component of AES Andes’ single reporting unit, the carrying value of the net assets of Alto Maipo included an allocation of $224 million of AES Andes’ consolidated goodwill balance of $868 million prior to deconsolidation. The Company allocated AES Andes’ goodwill based on the relative fair value of the component, which was determined based on the relative fair values of the business to be disposed and the portion of the reporting unit to be retained. Subsequent to the deconsolidation of Alto Maipo, the company evaluated the remaining Andes Reporting Unit goodwill and determined the goodwill was not at-risk. The deconsolidation did not meet the criteria to be reported as discontinued operations. After deconsolidation, the Company's retained investment in Alto Maipo was recognized as a financial asset with zero fair value, utilizing a restructuring model of cash flows and a cost of equity of 21%. Prior to deconsolidation, Alto Maipo was reported in the South America SBU reportable segment. See Note 5 — Fair Value Note 8— Investments In and Advances to Affiliates Note 9 — Goodwill and Other Intangible Assets and Note 17 — Equity for further information. Estrella del Mar I — In November 2021, the Company completed the sale of the Estrella del Mar I power barge for $6 million. The sale did not meet the criteria to be reported as discontinued operations. Prior to its sale, Estrella del Mar I was reported in the MCAC SBU reportable segment. See Note 22 — Asset Impairment Expense for further information. AES Tietê Inova Soluções — In June 2021, the Company completed the sale of its ownership in AES Inova Soluções, an investment platform in distributed solar generation, for $20 million, resulting in a pre-tax loss on sale of $1 million. The sale did not meet the criteria to be reported as discontinued operations. Prior to its sale, AES Tietê Inova Soluções was reported in the South America SBU reportable segment. Itabo — In April 2021, the Company completed the sale of its 43% ownership interest in Itabo, a coal-fired plant and gas turbine in Dominican Republic, for $88 million, resulting in a pre-tax gain on sale of $4 million. The sale did not meet the criteria to be reported as discontinued operations. Prior to its sale, Itabo was reported in the MCAC SBU reportable segment. Uruguaiana — In September 2020, the Company completed the sale of its entire interest in AES Uruguaiana, resulting in a pre-tax loss on sale of $95 million, primarily due to the write-off of cumulative translation adjustments. As part of the sale agreement, the Company has guaranteed payment of certain contingent liabilities and provided indemnifications to the buyer which were estimated to have a fair value of $22 million. The sale did not meet the criteria to be reported as discontinued operations. Prior to its sale, Uruguaiana was reported in the South America SBU reportable segment. Kazakhstan Hydroelectric — Affiliates of the Company (the “Affiliates”) previously operated Shulbinsk HPP and Ust-Kamenogorsk HPP (the “HPPs”), two hydroelectric plants in Kazakhstan, under a concession agreement with the Republic of Kazakhstan (“ROK”). In April 2017, the ROK initiated the process to transfer these plants back to the ROK. The ROK indicated that arbitration would be necessary to determine the correct Return Share Transfer Payment ("RST") and, rather than paying the Affiliates, deposited the RST into an escrow account. In exchange, the Affiliates transferred 100% of the shares in the HPPs to the ROK, under protest and with a full reservation of rights. In February 2018, the Affiliates initiated the arbitration process in international court to recover at least $75 million of the RST placed in escrow, based on the September 30, 2017 RST calculation. In May 2020, the arbitrator issued a final decision in favor of the Affiliates, awarding the Affiliates a net amount of damages of approximately $45 million, which has been collected. AES recorded the remaining $30 million as a loss on sale during the quarter ended June 30, 2020. Prior to their transfer, the Kazakhstan HPPs were reported in the Eurasia SBU reportable segment. Redondo Beach Land — In March 2020, the Company completed the sale of land held by AES Redondo Beach, a gas-fired generating facility in California. The land’s carrying value was $24 million, resulting in a pre-tax gain on sale of $41 million, reported in Other income on the Consolidated Statement of Operations. AES Redondo Beach will lease back the land from the purchaser for the remainder of the generation facility’s useful life. Redondo Beach is reported in the US and Utilities SBU reportable segment. The following table summarizes, excluding any impairment charge or gain/loss on sale, the pre-tax income attributable to AES of disposed businesses for the periods indicated (in millions): Year Ended December 31, 2021 2020 Alto Maipo $ 35 $ 11 Itabo 5 41 Estrella de Mar I — 5 Total $ 40 $ 57

Acquisitions Acquisitions

Acquisitions Acquisitions	12 Months Ended
	Dec. 31, 2022
Business Combinations [Abstract]
Acquisitions Disclosures [Text Block]	ACQUISITIONS Cubico II — On November 30,2022, the Company, through its subsidiary AES Brasil Energia S.A ("AES Brasil") acquired 100% of shares of an operational wind complex comprised of (i) Ventos de São Tomé Holding S.A., (ii) Ventos de São Tito Holdings S.A., and (iii) REB Empreendimentos e Administradora de Bens S.A. The transaction was accounted for as an asset acquisition that did not meet the definition of a business. The assets acquired and liabilities assumed were recorded at their relative fair values. The total purchase price for the acquisition was $185 million. The Cubico II wind complex is recorded in the South America SBU reportable segment. Agua Clara — On June 17, 2022, the Company, through its subsidiaries AES Dominicana Renewable Energy and AES Andres DR, S.A., acquired 85% of the equity interests in Agua Clara, S.A.S., a wind project, for consideration of $98 million. The transaction was accounted for as an asset acquisition that did not meet the definition of a business. As Agua Clara is not a VIE, any difference between the fair value of the assets and consideration transferred was allocated to PP&E on a relative fair value basis. Agua Clara is reported in the MCAC SBU reportable segment. Tunica Windpower, LLC — On June 17, 2022, the Company entered into an agreement for the purchase of 100% of the membership interests in Tunica Windpower, LLC. The transaction was accounted for as an asset acquisition of variable interest entities that did not meet the definition of a business. The assets acquired and liabilities assumed were recorded at their fair values, which equaled the fair value of the consideration paid of approximately $22 million, including contingent consideration of $7 million. The contingent consideration will be updated quarterly with any prospective changes in fair value recorded through earnings. Tunica Windpower is reported in the US and Utilities SBU reportable segment. Windsor PV1, LLC — On May 27, 2022, the Company entered into an agreement for the purchase of 100% of the membership interests in Windsor PV1, LLC, an early development-stage solar project. The transaction was accounted for as an asset acquisition of variable interest entities that did not meet the definition of a business. The assets acquired and liabilities assumed were recorded at their fair values, which equaled the fair value of the consideration paid of approximately $17 million, including contingent consideration of $5 million. The contingent consideration will be updated quarterly with any prospective changes in fair value recorded through earnings. Windsor is reported in the US and Utilities SBU reportable segment. New York Wind — In November 2021, AES Clean Energy Development, LLC completed the acquisition of Cogentrix Valcour Intermediate Holdings, LLC for $352 million cash consideration, including customary purchase price adjustments, plus the assumption of $126 million of non-recourse debt. The transaction includes operating wind assets spread across six sites and will complement AES Clean Energy’s existing operating and development solar and energy storage assets in the state of New York. The transaction was accounted for as a business combination, therefore, the assets acquired and liabilities assumed at acquisition date were recorded at their fair values, which resulted in the recognition of $199 million of goodwill. This goodwill represents the opportunity to repower the acquired assets and thus obtain additional cash flows from the asset group. The Company has recorded preliminary amounts for the purchase price allocation in 2021. New York Wind is reported in the US and Utilities SBU reportable segment. In the first quarter of 2022, the Company finalized the purchase price allocation related to the acquisition of Cogentrix Valcour Intermediate Holdings, LLC. There were no significant adjustments made to the preliminary purchase price allocation recorded in the fourth quarter of 2021 when the acquisition was completed. New York Wind is reported in the US and Utilities SBU reportable segment. Hardy Hills Solar — In December 2021, AES Indiana completed the acquisition of Hardy Hills solar project, which included assets of $52 million primarily consisting of a development project intangible asset. The transaction was accounted for as an asset acquisition of a variable interest entity that did not meet the definition of a business; therefore, the individual assets and liabilities were recorded at their fair values. A $6 million gain was recorded in Other income on the Consolidated Statement of Operations for the difference between the consideration transferred and the assets and liabilities recognized. The total consideration included $3 million of contingent consideration dependent on the amount of certain future costs incurred by the project. Hardy Hills Solar is reported in the US and Utilities SBU reportable segment. Community Energy — In December 2021, AES Clean Energy Development, LLC completed the acquisition of Community Energy, LLC for $217 million cash consideration, including customary purchase price adjustments, plus the assumption of $38 million of non-recourse debt. At closing, the Company made a cash payment of $232 million, which included $15 million of the assumed non-recourse debt. The transaction was accounted for as a business combination; therefore, the assets acquired and liabilities assumed at the acquisition date were recorded at their fair values, which resulted in the recognition of $90 million of goodwill. Community Energy is reported in the US and Utilities SBU reportable segment. In the first quarter of 2022, the Company finalized the purchase price allocation related to the acquisition of Community Energy, LLC. There were no significant adjustments made to the preliminary purchase price allocation recorded in the fourth quarter of 2021 when the acquisition was completed. Community Energy is reported in the US and Utilities SBU reportable segment. sPower Projects — In December 2021, AES Clean Energy Development Holdings, LLC entered into an agreement with AIMCo, our minority partner in AES Clean Energy Development, LLC and our partner in the sPower equity method investment. As part of this transaction, AES acquired an additional 25% ownership interest in specifically identified projects of sPower from AIMCo, in exchange for a 25% ownership interest in the Mountain View and Laurel Mountain wind operating projects, plus $28 million cash. The transaction was accounted for as an asset acquisition. The sPower projects received were remeasured at their acquisition-date fair values, resulting in the recognition of a $35 million gain, recorded in Other Income on the Consolidated Statement of Operations. See Note 8 — Investments in and Advances to Affiliates for further information. The Company recorded $3 million in additional paid-in-capital, representing the difference between the fair value of the consideration transferred and the recognition of the noncontrolling interest. Subsequent to the closing of the transaction, AES holds a 75% ownership interest in the Mountain View and Laurel Mountain wind operating projects and a 75% ownership interest in specifically identified projects of sPower through its ownership of AES Clean Energy Development, LLC, and 50% ownership interest in the sPower equity method investment. AIMCo holds the remaining 25% minority interest in AES Clean Energy Development, LLC and 50% ownership interest in sPower. sPower projects are reported in the US and Utilities SBU reportable segment. Serra Verde Wind Complex — In July 2021, AES Brasil completed the acquisition of the Serra Verde Wind Complex for $18 million, subject to customary working capital adjustments, of which $6 million was paid in cash and the remaining $12 million will be paid in two annual installments ending on July 19, 2023. The transaction was accounted for as an asset acquisition of variable interest entities that did not meet the definition of a business; therefore, the assets acquired and liabilities assumed were recorded at their fair values, which equaled the fair value of the consideration. Serra Verde is reported in the South America SBU reportable segment. Cajuína Wind Complex — In May 2021, AES Brasil completed the acquisition of the Cajuína Wind Complex phase I for $22 million, subject to customary working capital adjustments. On July 29, 2021, AES Brasil completed the acquisition of the Cajuína Wind Complex phase II for $24 million, subject to customary working capital adjustments, including $3 million of contingent consideration. The Company made initial cash payments of $6 million for each acquisition and the remaining balances will be paid in three annual installments ending on March 31, 2024 and on July 29, 2024, respectively. These transactions were accounted for as asset acquisitions of variable interest entities that did not meet the definition of a business; therefore, the assets acquired and liabilities assumed were recorded at their fair values, which equaled the fair value of the consideration. Cajuína is reported in the South America SBU reportable segment. Cubico I — In April 2021, AES Brasil completed the acquisition of the Cubico I wind complex for $109 million, subject to customary working capital adjustments. The transaction was accounted for as an asset acquisition, therefore the consideration transferred, plus transaction costs, were allocated to the individual assets acquired and liabilities assumed based on their relative fair values. Cubico I is reported in the South America SBU reportable segment. AES Clean Energy Development — In February 2021, the Company substantially completed the merger of the sPower and AES Renewable Holdings development platforms to form AES Clean Energy Development, which will serve as the development vehicle for all future renewable projects in the U.S. As part of the transaction, AES acquired an additional 25% ownership interest in the sPower development platform from AIMCo, our existing partner in the sPower equity method investment, in exchange for a 25% ownership interest in specifically identified development entities of AES Renewable Holdings, certain future exit rights in the new partnership, and $7 million of cash. The sPower development platform was carved-out of AES’ existing equity method investment. AES’ basis in the portion of assets transferred was $102 million, and the contribution to AES Clean Energy Development resulted in a corresponding decrease in the carrying value of the sPower investment. See Note 8 — Investments in and Advances to Affiliates for further information. During the first quarter of 2021, the sPower development assets transferred were remeasured at their acquisition-date preliminary fair values, resulting in the recognition of a $36 million gain, recorded in Other income on the Consolidated Statement of Operations. The Company recorded $81 million in Goodwill as of the acquisition date, representing the difference between the fair value of the consideration transferred, the noncontrolling interest in the sPower development platform, and the acquisition-date fair value of the Company’s previously held equity interest and the fair value of the identifiable assets acquired and liabilities assumed. During the second quarter of 2021, the Company recorded measurement period adjustments as result of additional facts and circumstances that existed as of the date of the acquisition but were not yet known as of the time of the valuation performed in the first quarter of 2021. As a result, the estimated acquisition-date carrying value and fair values of the sPower development assets transferred were increased, which resulted in the recognition of an additional $178 million gain, for an updated gain of $214 million. Furthermore, the estimated goodwill as of the acquisition date was reduced to $45 million, as a result of adjustments to the fair value of the consideration paid and updates to the fair values of separately identifiable intangible assets. The Company finalized the purchase price allocation in the third quarter of 2021, which did not result in any material measurement period adjustments. Subsequent to the closing of the transaction, AES holds a 75% ownership interest in AES Clean Energy Development. AIMCo holds the remaining 25% minority interest along with certain partnership rights, though currently not in effect, that would enable AIMCo to exit in the future. AIMCo’s minority interest is recorded as temporary equity in Redeemable stock of subsidiaries on the Consolidated Balance Sheet. See Note 16 — Redeemable Stock of Subsidiaries for further information. AES Clean Energy Development is reported in the US and Utilities SBU reportable segment. Great Cove Solar— In January 2021 and May 2021, AES Clean Energy Development, LLC completed the acquisitions of Great Cove I and II, respectively. The fair value of the initial consideration paid to acquire Great Cove I and Great Cove II was $13 million and $24 million, which included contingent consideration liabilities of $6 million and $22 million, respectively. These acquisitions were accounted for as asset acquisitions of variable interest entities that did not meet the definition of a business; therefore, the assets acquired and liabilities assumed were recorded at their fair values, which equaled the fair value of the consideration. During the third quarter of 2021, the contingent liabilities which related primarily to certain price adjustment features were remeasured, resulting in contingent consideration assets of $2 million and $12 million for Great Cove I and Great Cove II, respectively. This remeasurement resulted in a gain of $32 million recorded in Other income in the Consolidated Statement of Operations during the third quarter of 2021. In October 2021, the Company amended the agreement, resulting in the reclassification of the previously contingent consideration assets to Prepaid Expenses . In December 2021, the Company acquired Community Energy, LLC (as further described above), and such remaining prepaid amounts were written off to Other income in the Consolidated Statement of Operations. Great Cove Solar is reported in the US and Utilities SBU reportable segment. Ventus Wind Complex — In December 2020, AES Brasil completed the acquisition of the Ventus Wind Complex ("Ventus") for $90 million, including $3 million of working capital adjustments. At closing, the Company made an initial cash payment of $44 million. The remainder was paid in the second and third quarter of 2021. The transaction was accounted for as an asset acquisition; therefore, the total amount of consideration, plus transaction costs, was allocated to the individual assets and liabilities assumed based on their relative fair values. Ventus is reported in the South America SBU reportable segment. Penonome I — In May 2020, AES Panama completed the acquisition of the Penonome I wind farm from Goldwind International for $80 million. The transaction was accounted for as an asset acquisition, therefore the consideration transferred, plus transaction costs, was allocated to the individual assets and liabilities assumed based on their relative fair values. Penonome I is reported in the MCAC SBU reportable segment.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE Basic and diluted earnings per share are based on the weighted-average number of shares of common stock and potential common stock outstanding during the period. Potential common stock, for purposes of determining diluted earnings per share, includes the effects of dilutive RSUs, stock options, and equity units. The effect of such potential common stock is computed using the treasury stock method for RSUs and stock options, and is computed using the if-converted method for equity units. The following table is a reconciliation of the numerator and denominator of the basic and diluted earnings per share computation for income from continuing operations for the years ended December 31, 2022, 2021 and 2020, where income represents the numerator and weighted-average shares represent the denominator. Year Ended December 31, 2022 2021 2020 (in millions, except per share data) Loss Shares $ per Share Loss Shares $ per Share Income Shares $ per Share BASIC EARNINGS (LOSS) PER SHARE Income (loss) from continuing operations attributable to The AES Corporation common stockholders $ (546) 668 $ (0.82) $ (413) 666 $ (0.62) $ 43 665 $ 0.06 EFFECT OF DILUTIVE SECURITIES Stock options — — — — — — — 1 — Restricted stock units — — — — — — — 2 — Equity units — — — — — — — — — DILUTED EARNINGS (LOSS) PER SHARE $ (546) 668 $ (0.82) $ (413) 666 $ (0.62) $ 43 668 $ 0.06 For the years ended December 31, 2022 and December 31, 2021, the calculation of diluted earnings per share excluded 5 million outstanding stock awards and 40 million shares underlying our March 2021 Equity Units because their impact would be anti-dilutive given the loss from continuing operations. These shares could potentially dilute basic earnings per share in the future. Had the Company generated income, potential shares of common stock of 3 million and 4 million related to the stock awards and 40 million and 33 million related to the Equity Units, would have been included in diluted weighted-average shares outstanding for the years ended December 31, 2022 and December 31, 2021, respectively. As described in Note 17 — Equity , the Company issued 10,430,500 Equity Units in March 2021 with a total notional value of $1,043 million. Each Equity Unit has a stated amount of $100 and was initially issued as a Corporate Unit, consisting of a 2024 Purchase Contract and a 10% undivided beneficial ownership interest in one share of Series A Preferred Stock. Prior to February 15, 2024, the Series A Preferred Stock may be converted at the option of the holder only in connection with a fundamental change. On and after February 15, 2024, the Series A Preferred Stock may be converted freely at the option of the holder. Upon conversion, the Company will deliver to the holder with respect to each share of Series A Preferred Stock being converted (i) a share of our Series B Preferred Stock, or, solely with respect to conversions in connection with a redemption, cash and (ii) shares of our common stock, if any, in respect of any conversion value in excess of the liquidation preference of the preferred stock being converted. The conversion rate is initially 31.5428 shares of common stock per one share of Series A Preferred Stock, which is equivalent to an initial conversion price of approximately $31.70 per share of common stock. As of December 31, 2022, due to customary anti-dilution provisions, the conversion rate was 31.5846, equivalent to a conversion price of approximately $31.66 per share of common stock. The Series A Preferred Stock and the 2024 Purchase Contracts are being accounted for as one unit of account. In calculating diluted EPS, the Company has applied the if-converted method to determine the impact of the forward purchase feature and considered if there are incremental shares that should be included related to the Series A Preferred conversion value.

Risks and Uncertainties

Risks and Uncertainties	12 Months Ended
	Dec. 31, 2022
Risks and Uncertainties [Abstract]
RISKS AND UNCERTAINTIES	RISKS AND UNCERTAINTIES AES is a diversified power generation and utility company organized into four market-oriented SBUs. See additional discussion of the Company's principal markets in Note 18— Segments and Geographic Information . Within our four SBUs, we have two primary lines of business: generation and utilities. The generation line of business uses a wide range of fuels and technologies to generate electricity such as coal, gas, hydro, wind, solar, and biomass. Our utilities business comprises businesses that transmit, distribute, and in certain circumstances, generate power. In addition, the Company has operations in the renewables area. These efforts include projects primarily in wind, solar, and energy storage. Operating and Economic Risks — The Company operates in several developing economies where macroeconomic conditions are typically more volatile than developed economies. Deteriorating market conditions and evolving industry expectations to transition away from fossil fuel sources for generation expose the Company to the risk of decreased earnings and cash flows due to, among other factors, adverse fluctuations in the commodities and foreign currency spot markets, and potential changes in the estimated useful lives of our thermal plants. Additionally, credit markets around the globe continue to tighten their standards, which could impact our ability to finance growth projects through access to capital markets. Currently, the Company has an investment grade rating from both Standard & Poor's and Fitch of BBB- and an investment grade rating from Moody's of Baa3. A downgrade in our current investment grade ratings could affect the Company's ability to finance new and/or existing development projects at competitive interest rates. As of December 31, 2022, the Company had $1.4 billion of unrestricted cash and cash equivalents. During 2022, 68% of our revenue was generated outside the U.S. and a significant portion of our international operations is conducted in developing countries. We continue to invest in several developing countries to expand our existing platform and operations. International operations, particularly the operation, financing, and development of projects in developing countries, entail significant risks and uncertainties, including, without limitation: • economic, social, and political instability in any particular country or region; • inability to economically hedge energy prices; • volatility in commodity prices; • adverse changes in currency exchange rates; • government restrictions on converting currencies or repatriating funds; • unexpected changes in foreign laws, regulatory framework, or in trade, monetary or fiscal policies; • high inflation and monetary fluctuations; • restrictions on imports of solar panels, wind turbines, coal, oil, gas, or other raw materials required by our generation businesses to operate; • threatened or consummated expropriation or nationalization of our assets by foreign governments; • unwillingness of governments, government agencies, similar organizations, or other counterparties to honor their commitments; • unwillingness of governments, government agencies, courts, or similar bodies to enforce contracts that are economically advantageous to subsidiaries of the Company and economically unfavorable to counterparties, against such counterparties, whether such counterparties are governments or private parties; • inability to obtain access to fair and equitable political, regulatory, administrative, and legal systems; • adverse changes in government tax policy; • potentially adverse tax consequences of operating in multiple jurisdictions; • difficulties in enforcing our contractual rights, enforcing judgments, or obtaining a just result in local jurisdictions; and • inability to obtain financing on expected terms. Any of these factors, individually or in combination with others, could materially and adversely affect our business, results of operations, and financial condition. In addition, our Latin American operations experience volatility in revenue and earnings which have caused and are expected to cause significant volatility in our results of operations and cash flows. The volatility is caused by regulatory and economic difficulties, political instability, indexation of certain PPAs to fuel prices, and currency fluctuations being experienced in many of these countries. This volatility reduces the predictability and enhances the uncertainty associated with cash flows from these businesses. Our inability to predict, influence or respond appropriately to changes in law or regulatory schemes, including any inability to obtain reasonable increases in tariffs or tariff adjustments for increased expenses, could adversely impact our results of operations or our ability to meet publicly announced projections or analysts' expectations. Furthermore, changes in laws or regulations or changes in the application or interpretation of regulatory provisions in jurisdictions where we operate, particularly our utility businesses where electricity tariffs are subject to regulatory review or approval, could adversely affect our business, including, but not limited to: • changes in the determination, definition, or classification of costs to be included as reimbursable or pass-through costs; • changes in the definition or determination of controllable or noncontrollable costs; • adverse changes in tax law; • changes in the definition of events which may or may not qualify as changes in economic equilibrium; • changes in the timing of tariff increases; • other changes in the regulatory determinations under the relevant concessions; or • changes in environmental regulations, including regulations relating to GHG emissions in any of our businesses. Any of the above events may result in lower margins for the affected businesses, which can adversely affect our results of operations. COVID-19 Pandemic — The COVID-19 pandemic has severely impacted global economic activity, including electricity and energy consumption, and caused significant volatility in financial markets.The magnitude and duration of the COVID-19 pandemic is unknown at this time and may have material and adverse effects on our results of operations, financial condition and cash flows in future periods. Alto Maipo — On August 27, 2021, Alto Maipo updated its creditors with respect to the construction budget and long-term business plan for the project, which considers different scenarios for spot prices, decarbonization initiatives, and hydrological conditions, among other significant variables. Under some of these scenarios, Alto Maipo may experience reduced future cash flows, which would limit its ability to repay debt. Alto Maipo’s management initiated negotiations with its creditors to restructure its obligations and achieve a sustainable long-term capital structure for Alto Maipo. On November 17, 2021, Alto Maipo SpA commenced a reorganization proceeding in accordance with Chapter 11 of the U.S. Bankruptcy Code, through a voluntary petition. Consequently, after the Chapter 11 filing, the Company is no longer considered to have control over Alto Maipo, which resulted in its deconsolidation. The Company recognized an after-tax loss of approximately $1.2 billion, net of noncontrolling interests, in the Consolidated Statement of Operations in the fourth quarter of 2021, associated with the loss of control attributable to the former controlling interest. On May 26, 2022, Alto Maipo emerged from bankruptcy in accordance with Chapter 11 of the U.S. Bankruptcy Code. Alto Maipo, as restructured, is considered a VIE. As the Company lacks the power to make significant decisions, it does not meet the criteria to be considered the primary beneficiary of Alto Maipo and therefore will not consolidate this entity. The Company has elected the fair value option to account for its investment in Alto Maipo. If Alto Maipo is unable to meet its obligations under the restructured arrangements as they come due, the creditors may enforce their rights under the credit agreements. These finance agreements are non-recourse with respect to The AES Corporation. Foreign Currency Risks — AES operates businesses in many foreign countries and such operations could be impacted by significant fluctuations in foreign currency exchange rates. Fluctuations in currency exchange rate between the USD and the following currencies could create significant fluctuations in earnings and cash flows: the Argentine peso, the Brazilian real, the Chilean peso, the Colombian peso, the Dominican peso, the Euro, the Indian rupee, and the Mexican peso. Concentrations — Due to the geographical diversity of its operations, the Company does not have any significant concentration of customers or sources of fuel supply. Several of the Company's generation businesses rely on PPAs with one or a limited number of customers for the majority of, and in some cases all of, the relevant businesses' output over the term of the PPAs. However, no single customer accounted for 10% or more of total revenue in 2022, 2021 or 2020. The cash flows and results of operations of our businesses depend on the credit quality of our customers and the continued ability of our customers and suppliers to meet their obligations under PPAs and fuel supply agreements. If a substantial portion of the Company's long-term PPAs and/or fuel supply were modified or terminated, the Company would be adversely affected to the extent that it would be unable to replace such contracts at equally favorable terms.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS Certain of our businesses in Panama and the Dominican Republic are partially owned by governments either directly or through state-owned institutions. In the ordinary course of business, these businesses enter into energy purchase and sale transactions, and transmission agreements with other state-owned institutions which are controlled by such governments. At two of our generation businesses in Mexico, the offtakers exercise significant influence, but not control, through representation on these businesses' Boards of Directors. These offtakers are also required to hold a nominal ownership interest in such businesses. Furthermore, in 2021, the Company began construction projects with Fluence relating to energy storage. These related party transactions primarily present themselves as construction in progress as seen below. Additionally, the Company provides certain support and management services to several of its affiliates under various agreements. The Company's Consolidated Statements of Operations included the following transactions with related parties for the periods indicated (in millions): Years Ended December 31, 2022 2021 2020 Revenue—Non-Regulated $ 1,093 $ 1,159 $ 1,506 Cost of Sales—Non-Regulated 352 324 504 Interest income 10 12 20 Interest expense 95 88 131 The following table summarizes the balance sheet accounts with related parties included in the Company's Consolidated Balance Sheets as of the periods indicated (in millions): December 31, 2022 2021 Receivables from related parties $ 484 $ 131 Accounts and notes payable to related parties (1) 1,264 1,421 Construction in progress 714 134 _____________________________ (1) Includes $1 billion of debt to Mong Duong Finance Holdings B.V., an SPV accounted for as an equity affiliate as of December 31, 2022 (see Note 11— Debt ). For the December 31, 2021 balance, the debt balance at the SPV was classified to held-for-sale liabilities on the Consolidated Balance Sheet.

Selected Quarterly Financial Da

Selected Quarterly Financial Data	12 Months Ended
	Dec. 31, 2022
Quarterly Financial Information Disclosure [Abstract]
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)	SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) Quarterly Financial Data — The following tables summarize the unaudited quarterly Condensed Consolidated Statements of Operations for the Company for 2022 and 2021 (amounts in millions, except per share data). Amounts have been restated to reflect discontinued operations in all periods presented and reflect all adjustments necessary in the opinion of management for a fair statement of the results for interim periods. Quarter Ended 2022 Mar 31 Jun 30 Sep 30 Dec 31 Revenue $ 2,852 $ 3,078 $ 3,627 $ 3,060 Operating margin 530 563 892 563 Income (loss) from continuing operations, net of tax (1) 171 (136) 446 (986) Net income (loss) attributable to The AES Corporation $ 115 $ (179) $ 421 $ (903) Basic earnings (loss) per share: Net income (loss) attributable to The AES Corporation common stockholders $ 0.17 $ (0.27) $ 0.63 $ (1.35) Diluted earnings (loss) per share: Net income (loss) attributable to The AES Corporation common stockholders $ 0.16 $ (0.27) $ 0.59 $ (1.35) Dividends declared per common share $ 0.16 $ — $ 0.16 $ 0.32 Quarter Ended 2021 Mar 31 Jun 30 Sep 30 Dec 31 Revenue $ 2,635 $ 2,700 $ 3,036 $ 2,770 Operating margin 664 728 760 559 Income (loss) from continuing operations, net of tax (2) (29) (81) 485 (1,330) Income from discontinued operations, net of tax — 4 — — Net income (loss) $ (29) $ (77) $ 485 $ (1,330) Net income (loss) attributable to The AES Corporation $ (148) $ 28 $ 343 $ (632) Basic earnings (loss) per share: Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax $ (0.22) $ 0.03 $ 0.52 $ (0.95) Income from discontinued operations attributable to The AES Corporation common stockholders, net of tax — 0.01 — — Net income (loss) attributable to The AES Corporation common stockholders $ (0.22) $ 0.04 $ 0.52 $ (0.95) Diluted earnings (loss) per share: Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax $ (0.22) $ 0.03 $ 0.48 $ (0.95) Income from discontinued operations attributable to The AES Corporation common stockholders, net of tax — 0.01 — — Net income (loss) attributable to The AES Corporation common stockholders $ (0.22) $ 0.04 $ 0.48 $ (0.95) Dividends declared per common share $ 0.15 $ — $ 0.15 $ 0.31 _____________________________ (1) Includes pre-tax impairment expense of $482 million, $50 million, and $230 million in the second, third, and fourth quarters of 2022, respectively (See Note 22— Asset Impairment Expense ), pre-tax goodwill impairment expense of $777 million in the fourth quarter of 2022 (See Note 9— Goodwill and Other Intangible Assets ), and other non-operating expense of $175 million in the fourth quarter of 2022 (See Note 8— Investments in and Advances to Equity Affiliates ). (2) Includes pre-tax impairment expense of $473 million, $872 million, and $201 million in the first, second, and fourth quarters of 2021, respectively (See Note 22— Asset Impairment Expense ), and pre-tax loss on sale of business interests of $1.8 billion, primarily due to the deconsolidation of Alto Maipo, in the fourth quarter of 2021 (See Note 24— Held-for-Sale and Dispositions ).

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2022
Subsequent Events [Abstract]
Subsequent Events	SUBSEQUENT EVENTS sPower — On February 28, 2023, sPower closed the sell-down of a portfolio of operating assets ("OpCo B") for $196 million. After the sale, the Company's ownership interest in OpCo B decreased from 50% to approximately 26%. See Note 8— Investments in and Advances to Affiliates for further information. The sPower equity method investment is reported in the US and Utilities SBU reportable segment.

Schedule I - Condensed Financia

Schedule I - Condensed Financial Information of Parent	12 Months Ended
	Dec. 31, 2022
Condensed Financial Information Disclosure [Abstract]
SCHEDULE I CONDENSED FINANCIAL INFORMATION OF PARENT	THE AES CORPORATION SCHEDULE I CONDENSED FINANCIAL INFORMATION OF PARENT BALANCE SHEETS DECEMBER 31, 2022 AND 2021 December 31, 2022 2021 (in millions) ASSETS Current Assets: Cash and cash equivalents $ 24 $ 40 Accounts and notes receivable from subsidiaries 169 231 Prepaid expenses and other current assets 47 50 Total current assets 240 321 Investment in and advances to subsidiaries and affiliates 7,204 7,159 Office Equipment: Cost 16 29 Accumulated depreciation (10) (23) Office equipment, net 6 6 Other Assets: Deferred financing costs, net of accumulated amortization of $9 and $7, respectively 8 6 Other assets 117 33 Total other assets 125 39 Total assets $ 7,575 $ 7,525 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable $ 33 $ 17 Accounts and notes payable to subsidiaries 609 161 Accrued and other liabilities 319 340 Total current liabilities 961 518 Long-term Liabilities: Debt 3,894 3,729 Other long-term liabilities 283 480 Total long-term liabilities 4,177 4,209 Stockholders' equity: Preferred stock 838 838 Common stock 8 8 Additional paid-in capital 6,688 7,106 Accumulated deficit (1,635) (1,089) Accumulated other comprehensive loss (1,640) (2,220) Treasury stock (1,822) (1,845) Total stockholders' equity 2,437 2,798 Total liabilities and equity $ 7,575 $ 7,525 See Notes to Schedule I. THE AES CORPORATION SCHEDULE I CONDENSED FINANCIAL INFORMATION OF PARENT STATEMENTS OF OPERATIONS YEARS ENDED DECEMBER 31, 2022, 2021, AND 2020 For the Years Ended December 31, 2022 2021 2020 (in millions) Revenue from subsidiaries and affiliates $ 30 $ 28 $ 29 Equity in earnings of subsidiaries and affiliates (280) (47) 383 Interest income 28 20 31 General and administrative expenses (140) (121) (125) Other income 14 51 26 Other expense — (65) (6) Loss on extinguishment of debt — — (146) Interest expense (163) (74) (163) Income (loss) before income taxes (511) (208) 29 Income tax benefit (expense) (35) (201) 17 Net income (loss) $ (546) $ (409) $ 46 See Notes to Schedule I. THE AES CORPORATION SCHEDULE I CONDENSED FINANCIAL INFORMATION OF PARENT STATEMENTS OF COMPREHENSIVE INCOME (LOSS) YEARS ENDED DECEMBER 31, 2022, 2021, AND 2020 2022 2021 2020 (in millions) NET INCOME (LOSS) $ (546) $ (409) $ 46 Foreign currency translation activity: Foreign currency translation adjustments, net of income tax (expense) benefit of $0, $0 and $(8), respectively (37) (86) — Reclassification to earnings, net of $0 income tax for all periods — 3 192 Total foreign currency translation adjustments, net of tax (37) (83) 192 Derivative activity: Change in derivative fair value, net of income tax benefit (expense) of $(198), $8 and $90, respectively 645 (7) (309) Reclassification to earnings, net of income tax expense of $0, $73 and $19, respectively 44 254 72 Total change in fair value of derivatives, net of tax 689 247 (237) Pension activity: Change in pension adjustments due to net actuarial gain (loss) for the period, net of income tax (expense) benefit of $(2), $(9) and $4, respectively 10 23 (12) Reclassification of earnings, net of income tax expense of $1, $3 and $0, respectively — 1 — Total change in unfunded pension obligation 10 24 (12) OTHER COMPREHENSIVE INCOME (LOSS) 662 188 (57) COMPREHENSIVE INCOME (LOSS) $ 116 $ (221) $ (11) See Notes to Schedule I. THE AES CORPORATION SCHEDULE I CONDENSED FINANCIAL INFORMATION OF PARENT STATEMENTS OF CASH FLOWS YEARS ENDED DECEMBER 31, 2022, 2021, AND 2020 For the Years Ended December 31, 2022 2021 2020 (in millions) Net cash provided by operating activities $ 434 $ 570 $ 434 Investing Activities: Proceeds from the sale of business interests, net of expenses 157 64 412 Investment in and net advances to subsidiaries (1,716) (2,260) (652) Return of capital 907 698 346 Additions to property, plant and equipment (10) (14) (8) Purchase of short term investments, net — — (1) Net cash provided by (used in) investing activities (662) (1,512) 97 Financing Activities: (Repayments) Borrowings under the revolver, net (40) 295 (110) Borrowings of notes payable and other coupon bearing securities 200 — 3,397 Repayments of notes payable and other coupon bearing securities — — (3,366) Loans from subsidiaries 465 — 25 Issuance of preferred stock — 1,014 — Proceeds from issuance of common stock 15 8 4 Common stock dividends paid (422) (401) (381) Payments for deferred financing costs (4) (4) (38) Sales to noncontrolling interests — (1) — Other financing (2) 1 (3) Net cash provided by (used in) financing activities 212 912 (472) Increase (Decrease) in cash and cash equivalents (16) (30) 59 Cash and cash equivalents, beginning 40 70 11 Cash and cash equivalents, ending $ 24 $ 40 $ 70 Supplemental Disclosures: Cash payments for interest, net of amounts capitalized $ 125 $ 79 $ 156 Cash payments (refunds) for income taxes 1 — (8) SCHEDULE I NOTES TO SCHEDULE I 1. Application of Significant Accounting Principles The Schedule I Condensed Financial Information of the Parent includes the accounts of The AES Corporation (the “Parent Company”) and certain holding companies. ACCOUNTING FOR SUBSIDIARIES AND AFFILIATES — The Parent Company has accounted for the earnings of its subsidiaries on the equity method in the financial information. INCOME TAXES — Positions taken on the Parent Company's income tax return which satisfy a more-likely-than-not threshold will be recognized in the financial statements. The income tax expense or benefit computed for the Parent Company reflects the tax assets and liabilities on a stand-alone basis and the effect of filing a consolidated U.S. income tax return with certain other affiliated companies. ACCOUNTS AND NOTES RECEIVABLE FROM SUBSIDIARIES — Amounts have been shown in current or long-term assets based on terms in agreements with subsidiaries, but payment is dependent upon meeting conditions precedent in the subsidiary loan agreements. 2. Debt Senior and Unsecured Notes and Loans Payable ($ in millions) December 31, Interest Rate Maturity 2022 2021 Senior Variable Rate Term Loan SOFR + 1.125% 2024 200 — Senior Unsecured Note 3.300% 2025 900 900 Drawings on revolving credit facility SOFR + 1.75% 2027 325 365 Senior Unsecured Note 1.375% 2026 800 800 Senior Unsecured Note 3.95% 2030 700 700 Senior Unsecured Note 2.45% 2031 1,000 1,000 Unamortized (discounts)/premiums & debt issuance (costs) (31) (36) Total $ 3,894 $ 3,729 FUTURE MATURITIES OF RECOURSE DEBT — As of December 31, 2022 scheduled maturities are presented in the following table (in millions): December 31, Annual Maturities 2023 $ — 2024 200 2025 900 2026 800 2027 325 Thereafter 1,700 Unamortized (discount)/premium & debt issuance (costs), net (31) Total debt $ 3,894 3. Dividends from Subsidiaries and Affiliates Cash dividends received from consolidated subsidiaries were $832 million, $894 million, and $1 billion for the years ended December 31, 2022, 2021, and 2020, respectively. For the years ended December 31, 2022, 2021, and 2020, $157 million, $65 million, and $302 million, respectively, of the dividends paid to the Parent Company are derived from the sale of business interests and are classified as an investing activity for cash flow purposes. All other dividends are classified as operating activities. There were no cash dividends received from affiliates accounted for by the equity method for the years ended December 31, 2022, 2021, and 2020. 4. Guarantees and Letters of Credit GUARANTEES — In connection with certain project financing, acquisitions and dispositions, power purchases and other agreements, the Parent Company has expressly undertaken limited obligations and commitments, most of which will only be effective or will be terminated upon the occurrence of future events. These obligations and commitments, excluding those collateralized by letter of credit and other obligations discussed below, were limited as of December 31, 2022 by the terms of the agreements, to an aggregate of approximately $2.4 billion, representing 81 agreements with individual exposures ranging up to $400 million. These amounts exclude normal and customary representations and warranties in agreements for the sale of assets (including ownership in associated legal entities) where the associated risk is considered to be nominal. LETTERS OF CREDIT — At December 31, 2022, the Parent Company had $34 million in letters of credit outstanding under the revolving credit facility, representing 16 agreements with individual exposures up to $15 million; $128 million in letters of credit outstanding under the unsecured credit facilities, representing 39 agreements with individual exposures ranging up to $36 million; and $123 million in letters of credit outstanding under bilateral agreements, representing 2 agreements with individual exposures ranging up to $64 million. During the year ended December 31, 2022, the Parent Company paid letter of credit fees ranging from 1% to 3% per annum on the outstanding amounts.

General and Summary of Signif_2

General and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
PRINCIPLES OF CONSOLIDATION	PRINCIPLES OF CONSOLIDATION — The consolidated financial statements of the Company include the accounts of The AES Corporation and its controlled subsidiaries. Furthermore, VIEs in which the Company has an ownership interest and is the primary beneficiary, thus controlling the VIE, have been consolidated. Intercompany transactions and balances are eliminated in consolidation. Investments in entities where the Company has the ability to exercise significant influence, but not control, are accounted for using the equity method of accounting.
USE OF ESTIMATES	USE OF ESTIMATES — 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: the carrying amount and 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; and potential litigation claims and settlements.
Held-for-sale and Disposal Groups [Policy Text Block]	HELD-FOR-SALE DISPOSAL GROUPS — A disposal group classified as held-for-sale is reflected on the balance sheet at the lower of its carrying amount or estimated fair value less cost to sell. A loss is recognized if the carrying amount of the disposal group exceeds its estimated fair value less cost to sell. This loss is limited to the carrying value of long-lived assets until the completion of the sale, at which point, any additional loss is recognized. If the fair value of the disposal group subsequently exceeds the carrying amount while the disposal group is still held-for-sale, any impairment expense previously recognized will be reversed up to the lesser of the previously recognized expense or the subsequent excess. Assets and liabilities related to a disposal group classified as held-for-sale are segregated in the current balance sheet in the period in which the disposal group is classified as held-for-sale. Assets and liabilities of held-for-sale disposal groups are classified as current when they are expected to be disposed of within twelve months. Transactions between the held-for-sale disposal group and businesses that are expected to continue to exist after the disposal are not eliminated to appropriately reflect the continuing operations and balances held-for-sale. See Note 24— Held-for-Sale and Dispositions for further information.
DISCONTINUED OPERATIONS AND RECLASSIFICATIONS	DISCONTINUED OPERATIONS — Discontinued operations reporting occurs only when the disposal of a business or a group of businesses represents a strategic shift that has (or will have) a major effect on the Company's operations and financial results. The Company reports financial results for discontinued operations separately from continuing operations to distinguish the financial impact of disposal transactions from ongoing operations. Prior period amounts in the Consolidated Statements of Operations and Consolidated Balance Sheets are retrospectively revised to reflect the businesses determined to be discontinued operations. The cash flows of businesses that are determined to be discontinued operations are included within the relevant categories within operating, investing and financing activities on the face of the Consolidated Statements of Cash Flows. Transactions between the businesses determined to be discontinued operations and businesses that are expected to continue to exist after the disposal are not eliminated to appropriately reflect the continuing operations and balances held-for-sale. The results of discontinued operations include any gain or loss recognized on closing or adjustment of the carrying amount to fair value less cost to sell, including gains or losses associated with noncontrolling interests upon completion of the disposal transaction. Adjustments related to components previously reported as discontinued operations under prior accounting guidance are presented as discontinued operations in the current period even if the disposed-of component to which the adjustments are related would not meet the criteria for presentation as a discontinued operation under current guidance.
FAIR VALUE	FAIR VALUE — Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly, hypothetical transaction between market participants at the measurement date, or exit price. The Company applies the fair value measurement accounting guidance to financial assets and liabilities in determining the fair value of investments in marketable debt and equity securities, included in the Consolidated Balance Sheet line items Short-term investments and Other noncurrent assets ; derivative assets, included in Other current assets and Other noncurrent assets ; and, derivative liabilities, included in Accrued and other liabilities (current) and Other noncurrent liabilities . The Company applies the fair value measurement guidance to nonfinancial assets and liabilities upon the acquisition of a business or of an asset acquisition by a variable interest entity, or in conjunction with the measurement of an asset retirement obligation or a potential impairment loss on an asset group, equity method investments, or goodwill. When determining the fair value measurements for assets and liabilities required to be reflected at their fair values, the Company considers the principal or most advantageous market in which it would transact and considers assumptions that market participants would use when pricing the assets or liabilities, such as inherent risk, transfer restrictions and risk of nonperformance. The Company is prohibited from including transaction costs and any adjustments for blockage factors in determining fair value. In determining fair value measurements, the Company maximizes the use of observable inputs and minimizes the use of unobservable inputs. Assets and liabilities are categorized within a fair value hierarchy based upon the lowest level of input that is significant to the fair value measurement: • Level 1: Quoted prices in active markets for identical assets or liabilities; • Level 2: Inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices in active markets for similar assets or liabilities, quoted prices for identical or similar assets or liabilities in markets that are not active or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities; or • Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to the fair values of the assets or liabilities. Any transfers between all levels within the fair value hierarchy levels are recognized at the end of the reporting period.
CASH AND CASH EQUIVALENTS	CASH AND CASH EQUIVALENTS — The Company considers unrestricted cash on hand, cash balances not restricted as to withdrawal or usage, deposits in banks, certificates of deposit and short-term marketable securities with original maturities of three months or less to be cash and cash equivalents.
RESTRICTED CASH AND DEBT SERVICE RESERVES	RESTRICTED CASH AND DEBT SERVICE RESERVES — Cash balances restricted as to withdrawal or usage, primarily via contract, are considered restricted cash. The following table provides a summary of cash, cash equivalents, and restricted cash amounts reported on the Consolidated Balance Sheets that reconcile to the total of such amounts as shown on the Consolidated Statements of Cash Flows (in millions): December 31, 2022 December 31, 2021 Cash and cash equivalents $ 1,374 $ 943 Restricted cash 536 304 Debt service reserves and other deposits 177 237 Cash, Cash Equivalents and Restricted Cash $ 2,087 $ 1,484
INVESTMENTS IN MARKETABLE SECURITIES	INVESTMENTS IN MARKETABLE SECURITIES — The Company's marketable investments are primarily unsecured debentures, certificates of deposit, government debt securities and money market funds. Short-term investments consist of marketable equity securities and debt securities with original maturities in excess of three months with remaining maturities of less than one year. Marketable debt securities where the Company has both the positive intent and ability to hold to maturity are classified as held-to-maturity and are carried at amortized cost, net of any allowance for credit losses in accordance with ASC 326. Remaining marketable debt securities are classified as available-for-sale or trading and are carried at fair value. Unrealized gains or losses on available-for-sale debt securities that are not credit-related are reflected in AOCL, a separate component of equity, and the Consolidated Statements of Comprehensive Income (Loss). Any credit-related impairments are recognized as an allowance with a corresponding impact recognized as a credit loss in Other Expense. Unrealized gains or losses on equity investments are reported in Other income . Interest and dividends on investments are reported in Interest income and Other income , respectively. Gains and losses on sales of investments are determined using the specific identification method.
ACCOUNTS AND NOTES RECEIVABLE AND ALLOWANCE FOR DOUBTFUL ACCOUNTS	ACCOUNTS AND NOTES RECEIVABLE AND ALLOWANCE FOR DOUBTFUL ACCOUNTS — Accounts and notes receivable are carried at amortized cost. The Company periodically assesses the collectability of accounts receivable, considering factors such as historical collection experience, the age of accounts receivable and other currently available evidence supporting collectability, and records an allowance for doubtful accounts in accordance with ASC 326 for the estimated uncollectible amount as appropriate. Credit losses on accounts and notes receivable are generally recognized in Cost of Sales . Certain of our businesses charge interest on accounts receivable. Interest income is recognized on an accrual basis. When collection of such interest is not reasonably assured, interest income is recognized as cash is received. Individual accounts and notes receivable are written off when they are no longer deemed collectible.
INVENTORY	INVENTORY — Inventory primarily consists of fuel and other raw materials used to generate power, and operational spare parts and supplies used to maintain power generation and distribution facilities. Inventory is carried at lower of cost or net realizable value. Cost is the sum of the purchase price and expenditures incurred to bring the inventory to its existing location. Inventory is primarily valued using the average cost method. Generally, if it is expected fuel inventory will not be recovered through revenue earned from power generation, an impairment is recognized to reflect the fuel at net realizable value. The carrying amount of spare parts and supplies is typically reduced only in instances where the items are considered obsolete.
LONG-LIVED ASSETS	LONG-LIVED ASSETS — Long-lived assets include property, plant and equipment, assets under finance leases and intangible assets subject to amortization (i.e., finite-lived intangible assets). Property, plant and equipment — Property, plant and equipment are stated at cost, net of accumulated depreciation. The cost of renewals and improvements that extend the useful life of property, plant and equipment are capitalized. Construction progress payments, engineering costs, insurance costs, salaries, interest and other costs directly relating to construction in progress are capitalized during the construction period, provided the completion of the construction project is deemed probable, or expensed at the time construction completion is determined to no longer be probable. The continued capitalization of such costs is subject to risks related to successful completion, including those related to government approvals, site identification, financing, construction permitting and contract compliance. Construction-in-progress balances are transferred to electric generation and distribution assets when an asset group is ready for its intended use. Government subsidies, liquidated damages recovered for construction delays, and income tax credits are recorded as a reduction to property, plant and equipment and reflected in cash flows from investing activities. Maintenance and repairs are charged to expense as incurred. Depreciation, after consideration of salvage value and asset retirement obligations, is computed using the straight-line method over the estimated useful lives of the assets, which are determined on a composite or component basis. Capital spare parts, including rotable spare parts, are included in electric generation and distribution assets. If the spare part is considered a component, it is depreciated over its useful life after the part is placed in service. If the spare part is deemed part of a composite asset, the part is depreciated over the composite useful life even when being held as a spare part. Certain of the Company's subsidiaries operate under concession contracts. Certain estimates are utilized to determine depreciation expense for the subsidiaries, including the useful lives of the property, plant and equipment and the amounts to be recovered at the end of the concession contract. The amounts to be recovered under these concession contracts are based on estimates that are inherently uncertain and actual amounts recovered may differ from those estimates. These concession contracts are not within the scope of ASC 853— Service Concession Arrangements .
INTANGIBLE ASSETS SUBJECT TO AMORTIZATION	Intangible Assets Subject to Amortization — Finite-lived intangible assets are amortized over their useful lives which range from 1 – 50 years and are included in the Consolidated Balance Sheet line item Other intangible assets. The Company accounts for purchased emission allowances as intangible assets and records an expense when they are utilized or sold. Granted emission allowances are valued at zero.
IMPAIRMENT OF LONG-LIVED ASSETS	Impairment of Long-lived Assets — When circumstances indicate the carrying amount of long-lived assets in a held-for-use asset group may not be recoverable, the Company evaluates the assets for potential impairment using internal projections of undiscounted cash flows resulting from the use and eventual disposal of the assets. Events or changes in circumstances that may necessitate a recoverability evaluation include, but are not limited to, adverse changes in the regulatory environment, unfavorable changes in power prices or fuel costs, increased competition due to additional capacity in the grid, technological advancements, declining trends in demand, or an expectation it is more likely than not that the asset will be disposed of before the end of its previously estimated useful life. If the carrying amount of the assets exceeds the undiscounted cash flows, an impairment expense is recognized for the amount by which the carrying amount of the asset group exceeds its fair value (subject to the carrying amount not being reduced below fair value for any individual long-lived asset that is determinable without undue cost and effort). An impairment expense for certain assets may be reduced by the establishment of a regulatory asset if recovery through approved rates is probable.
DEFERRED FINANCING COSTS	DEBT ISSUANCE COSTS — Costs incurred in connection with the issuance of long-term debt are deferred and presented as a direct reduction from the face amount of that debt and amortized over the related financing period using the effective interest method. Debt issuance costs related to a line-of-credit or revolving credit facility are deferred and presented as an asset and amortized over the related financing period. Make-whole payments in connection with early debt retirements are classified as cash flows used in financing activities.
EQUITY METHOD INVESTMENTS	EQUITY METHOD INVESTMENTS — Investments in entities over which the Company has the ability to exercise significant influence, but not control, are accounted for using the equity method of accounting and reported in Investments in and advances to affiliates on the Consolidated Balance Sheets. The Company’s proportionate share of the net income or loss of these companies is included in Net equity in losses of affiliates on the Consolidated Statements of Operations . The Company utilizes the cumulative earnings approach to determine whether distributions received from equity method investees are returns on investment or returns of investment. The Company discontinues the application of the equity method when an investment is reduced to zero and the Company is not otherwise committed to provide further financial support to the investee. The Company resumes the application of the equity method accounting to the extent that net income is greater than the share of net losses not previously recorded. Upon acquiring the investment, we determine the fair value of the identifiable assets and assumed liabilities and the basis difference between each fair value and the carrying amount of the corresponding asset or liability in the financial statements of the investee. The AES share of the amortization of the basis difference is recognized in Net equity in losses of affiliates in the Consolidated Statements of Operations over the life of the asset or liability. The Company periodically assesses if impairment indicators exist at our equity method investments. When an impairment is observed, any excess of the carrying amount over its estimated fair value is recognized as impairment expense when the loss in value is deemed other-than-temporary and included in Other non-operating expense
GOODWILL AND INDEFINITE-LIVED INTANGIBLE ASSETS	GOODWILL AND INDEFINITE-LIVED INTANGIBLE ASSETS — The Company evaluates goodwill and indefinite-lived intangible assets for impairment on an annual basis and whenever events or changes in circumstances necessitate an evaluation for impairment. The Company's annual impairment testing date is October 1 st . Goodwill — Goodwill represents the excess of the purchase price of the business acquisition over the fair value of identifiable net assets acquired. Goodwill resulting from an acquisition is assigned to the reporting units that are expected to benefit from the synergies of the acquisition. Generally, each AES business with a goodwill balance constitutes a reporting unit as they are not similar to other businesses in a segment nor are they reported to segment management together with other businesses. Goodwill is evaluated for impairment either under the qualitative assessment option or the quantitative test option to determine the fair value of the reporting unit. If goodwill is determined to be impaired, an impairment loss measured at the amount by which the reporting unit’s carrying amount exceeds its fair value, not to exceed the carrying amount of goodwill, is recorded.
REGULATORY ASSETS AND LIABILITIES	REGULATORY ASSETS AND LIABILITIES — The Company recognizes assets and liabilities that result from regulated ratemaking processes. Regulatory assets generally represent incurred costs which have been deferred due to the probable future recovery via customer rates. Generally, returns earned on regulatory assets are reflected in the Consolidated Statements of Operations within Interest Income . Regulatory liabilities generally represent obligations to refund customers. Management continually assesses whether regulatory assets are probable of future recovery and regulatory liabilities are probable of future payment by considering factors such as applicable regulatory changes, recent rate orders applicable to other regulated entities, and the status of any pending or potential deregulation legislation. If future recovery of costs previously deferred ceases to be probable, the related regulatory assets are written off and recognized in income from continuing operations.
PENSION AND OTHER POSTRETIREMENT PLANS	PENSION AND OTHER POSTRETIREMENT PLANS — The Company recognizes in its Consolidated Balance Sheets an asset or liability reflecting the funded status of pension and other postretirement plans with current-year changes in actuarial gains or losses recognized in AOCL, except for those plans at certain of the Company's regulated utilities that can recover portions of their pension and postretirement obligations through future rates. All plan assets are recorded at fair value. AES follows the measurement date provisions of the accounting guidance, which require a year-end measurement date of plan assets and obligations for all defined benefit plans.
INCOME TAXES	INCOME TAXES — Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of the existing assets and liabilities, and their respective income tax basis. The Company establishes a valuation allowance when it is more likely than not that all or a portion of a deferred tax asset will not be realized. The Company's tax positions are evaluated under a more likely than not recognition threshold and measurement analysis before they are recognized for financial statement reporting. Uncertain tax positions have been classified as noncurrent income tax liabilities unless expected to be paid within one year. The Company's policy for interest and penalties related to income tax exposures is to recognize interest and penalties as a component of the provision for income taxes in the Consolidated Statements of Operations. The Company has elected to treat GILTI as an expense in the period in which the tax is accrued. Accordingly, no deferred tax assets or liabilities are recorded related to GILTI. The Company applies the flow-through method to account for its investment tax credits. The Company's accounting policy for releasing the income tax effects from AOCL occurs on a portfolio basis. The Company has elected an accounting policy not to consider the effects of being subject to the corporate alternative minimum tax in future periods when assessing the realizability of our deferred tax assets, carryforwards, and tax credits. Any effect on the realization of deferred tax assets will be recognized in the period they arise.
ASSET RETIREMENT OBLIGATIONS	ASSET RETIREMENT OBLIGATIONS — The Company records the fair value of a liability for a legal obligation to retire an asset in the period in which the obligation is incurred. When a new liability is recognized, the Company capitalizes the costs of the liability by increasing the carrying amount of the related long-lived asset. The liability is accreted to its present value each period and the capitalized cost is depreciated over the useful life of the related asset. Upon settlement of the obligation, the Company eliminates the liability and, based on the actual cost to retire, may incur a gain or loss.
NONCONTROLLING INTERESTS	NONCONTROLLING INTERESTS — Noncontrolling interests are classified as a separate component of equity in the Consolidated Balance Sheets and Consolidated Statements of Changes in Equity. Additionally, net income and comprehensive income attributable to noncontrolling interests are reflected separately from consolidated net income and comprehensive income on the Consolidated Statements of Operations and Consolidated Statements of Changes in Equity. Any change in ownership of a subsidiary while the controlling financial interest is retained is accounted for as an equity transaction between the controlling and noncontrolling interests. Losses continue to be attributed to the noncontrolling interests, even when the noncontrolling interests' basis has been reduced to zero. Equity securities with redemption features that are not solely within the control of the issuer are classified as temporary equity and are included in Redeemable stock of subsidiaries on the Consolidated Balance Sheet. Generally, initial measurement will be at fair value. The subsequent allocation of income and dividends is classified in temporary equity. Subsequent measurement and classification vary depending on whether the instrument is probable of becoming redeemable. For those securities that are currently redeemable or where it is probable that the instrument will become redeemable, AES recognizes any changes from the carrying value to redemption value at each reporting period against retained earnings or additional paid-in capital in the absence of retained earnings; such adjustments are classified in temporary equity. When the equity instrument is not probable of becoming redeemable, no adjustment to the carrying value is recognized. Instruments that are mandatorily redeemable are classified as a liability.
FOREIGN CURRENCY TRANSLATION	FOREIGN CURRENCY TRANSLATION — A business's functional currency is the currency of the primary economic environment in which the business operates and is generally the currency in which the business generates and expends cash. Subsidiaries and affiliates whose functional currency is a currency other than the U.S. dollar translate their assets and liabilities into U.S. dollars at the current exchange rates in effect at the end of
REVENUE RECOGNITION	REVENUE RECOGNITION — Revenue is earned from the sale of electricity from our utilities,the production and sale of electricity and capacity from our generation facilities, and development and construction of generation facilities. Revenue is recognized upon the transfer of control of promised goods or services to customers in an amount that reflects the consideration to which we expect to be entitled in exchange for those goods or services. Revenue is recorded net of any taxes assessed on and collected from customers, which are remitted to the governmental authorities. Utilities — Our utilities sell electricity directly to end-users, such as homes and businesses, and bill customers directly. The majority of our utility contracts have a single performance obligation, as the promises to transfer energy, capacity, and other distribution and/or transmission services are not distinct. Additionally, as the performance obligation is satisfied over time as energy is delivered, and the same method is used to measure progress, the performance obligation meets the criteria to be considered a series. Utility revenue is classified as regulated on the Consolidated Statements of Operations. In exchange for the right to sell or distribute electricity in a service territory, our utility businesses are subject to government regulation. This regulation sets the framework for the prices (“tariffs”) that our utilities are allowed to charge customers for electricity. Since tariffs are determined by the regulator, the price that our utilities have the right to bill corresponds directly with the value to the customer of the utility's performance completed in each period. The Company also has some month-to-month contracts. Revenue under these contracts is recognized using an output method measured by the MWh delivered each month, which best depicts the transfer of goods or services to the customer, at the approved tariff. The Company has businesses where it sells and purchases power to and from ISOs and RTOs. Our utility businesses generally purchase power to satisfy the demand of customers that is not contracted through separate PPAs. In these instances, the Company accounts for these transactions on a net hourly basis because the transactions are settled on a net hourly basis. In limited situations, a utility customer may choose to receive generation services from a third-party provider, in which case the Company may serve as a billing agent for the provider and recognize revenue on a net basis. Generation — Most of our generation fleet sells electricity under contracts to customers such as utilities, industrial users, and other intermediaries. Our generation contracts, based on specific facts and circumstances, can have one or more performance obligations as the promise to transfer energy, capacity, and other services may or may not be distinct depending on the nature of the market and terms of the contract. For contracts determined to have multiple performance obligations, we allocate revenue to each performance obligation based on its relative standalone selling price using a market or expected cost plus margin approach. Additionally, the Company allocates variable consideration to one or more, but not all, distinct goods or services that form part of a single performance obligation when (1) the variable consideration relates specifically to the efforts to transfer the distinct good or service and (2) the variable consideration depicts the amount to which the Company expects to be entitled in exchange for transferring the promised good or service to the customer. If the contract is determined to contain a performance obligation related to capacity, the performance obligation is generally satisfied over time, and if we use the same method to measure progress, the performance obligations meet the criteria to be considered a series. In measuring progress toward satisfaction of a performance obligation, the Company applies the "right to invoice" practical expedient when available and recognizes revenue in the amount to which the Company has a right to consideration from a customer that corresponds directly with the value of the performance completed to date. Revenue from generation businesses is classified as non-regulated on the Consolidated Statements of Operations. Energy performance obligations are recognized using an output method, as energy delivered best depicts the transfer of goods or services to the customer. Performance obligations to deliver energy are generally satisfied when the MW is generated. In certain contracts, if plant availability exceeds a contractual target, the Company may receive a performance bonus payment, or if the plant availability falls below a guaranteed minimum target, we may incur a non-availability penalty. Such bonuses or penalties represent a form of variable consideration and are estimated and recognized when it is probable that there will not be a significant reversal. Certain generation contracts contain operating and sales-type leases where capacity payments are generally considered lease elements. In such cases, the allocation between the lease and non-lease elements is made at the inception of the lease following the guidance in ASC 842. In assessing whether variable quantities are considered variable consideration or an option to acquire additional goods and services, the Company evaluates the nature of the promise and the legally enforceable rights in the contract. In some contracts, such as requirement contracts, the legally enforceable rights merely give the customer a right to purchase additional goods and services which are distinct. In these contracts, the customer's action results in a new obligation, and the variable quantities are considered an option. When energy or capacity is sold or purchased in the spot market or to ISOs, the Company assesses the facts and circumstances to determine gross versus net presentation of spot revenues and purchases. Generally, the nature of the performance obligation is to sell surplus energy or capacity above contractual commitments, or to purchase energy or capacity to satisfy deficits. Generally, on an hourly basis, a generator is either a net seller or a net buyer in terms of the amount of energy or capacity transacted with the ISO. In these situations, the Company recognizes revenue for the hours where the generator is a net seller and cost of sales for the hours where the generator is a net buyer. The transaction price allocated to a construction performance obligation is recognized as revenue over time as construction activity occurs, with revenue being fully recognized upon completion of construction. These contracts may include a difference in timing between revenue recognition and the collection of cash receipts, which may be collected over the term of the entire arrangement. The timing difference could result in a significant financing component for the construction performance obligation if determined to be a material component of the transaction price. The Company accounts for a significant financing component under the effective interest rate method, recognizing a long-term receivable for the expected future payments related to the construction performance obligation in the Loan Receivable line item on the Consolidated Balance Sheets. As payments are collected from the customer over the term of the contract, consideration related to the construction performance obligation is bifurcated between the principal repayment of the long-term receivable and the related interest income, recognized in the Consolidated Statements of Operations. Contract Balances — The timing of revenue recognition, billings, and cash collections results in accounts receivable and contract liabilities. Accounts receivable represent unconditional rights to consideration and consist of both billed amounts and unbilled amounts typically resulting from sales under long-term contracts when revenue recognized exceeds the amount billed to the customer. We bill both generation and utilities customers on a contractually agreed-upon schedule, typically at periodic intervals (e.g., monthly). The calculation of revenue earned but not yet billed is based on the number of days not billed in the month, the estimated amount of energy delivered during those days and the estimated average price per customer class for that month. Our contract liabilities consist of deferred revenue which is classified as current or noncurrent based on the timing of when we expect to recognize revenue. The current portion of our contract liabilities is reported in Accrued and other liabilities and the noncurrent portion is reported in Other noncurrent liabilities on the Consolidated Balance Sheets. Remaining Performance Obligations — The transaction price allocated to remaining performance obligations represents future consideration for unsatisfied (or partially unsatisfied) performance obligations at the end of the reporting period. The Company has elected to apply the optional disclosure exemptions under ASC 606. Therefore, the amount disclosed in Note 20— Revenue excludes contracts with an original length of one year or less, contracts for which we recognize revenue based on the amount we have the right to invoice for services performed, and variable consideration allocated entirely to a wholly unsatisfied performance obligation when the consideration relates specifically to our efforts to satisfy the performance obligation and depicts the amount to which we expect to be entitled. As such, consideration for energy is excluded from the amount disclosed as the variable consideration relates to the amount of energy delivered and reflects the value the Company expects to receive for the energy
Lessee, Leases [Policy Text Block]	LEASES — The Company has operating and finance leases for energy production facilities, land, office space, transmission lines, vehicles and other operating equipment in which the Company is the lessee. Operating leases with an initial term of 12 months or less are not recorded on the balance sheet, but are expensed on a straight-line basis over the lease term. The Company’s leases do not contain any material residual value guarantees, restrictive covenants or subleases. Right-of-use assets represent our right to use an underlying asset for the lease term while lease liabilities represent our obligation to make lease payments arising from the lease. Right-of-use assets and lease liabilities are recognized on commencement of the lease based on the present value of lease payments over the lease term. Generally, the rate implicit in the lease is not readily determinable; as such, we use the subsidiaries’ incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. The Company determines discount rates based on its existing credit rates of its unsecured borrowings, which are then adjusted for the appropriate lease term and currency. The right-of-use asset also includes any lease payments made and excludes lease incentives that are paid or payable to the lessee at commencement. The lease term includes the option to extend or terminate the lease if it is reasonably certain that the option will be exercised.
Lessor, Leases [Policy Text Block]	The Company has operating leases for certain generation contracts that contain provisions to provide capacity to a customer, which is a stand-ready obligation to deliver energy when required by the customer in which the Company is the lessor. Capacity payments are generally considered lease elements as they cover the majority of available output from a facility. The allocation of contract payments between the lease and non-lease elements is made at the inception of the lease. Fixed lease payments from such contracts are recognized as lease revenue on a straight-line basis over the lease term, whereas variable lease payments are recognized when earned. The Company has sales-type leases for BESS in which the Company is the lessor. These arrangements allow customers the ability to determine when to charge and discharge the BESS, representing the transfer of control and constitutes the arrangement as a sales-type lease. Upon commencement of the lease, the book value of the leased asset is removed from the balance sheet and a net investment in sales-type lease is recognized based on the present value of fixed payments under the contract and the residual value of the underlying asset.
SHARE-BASED COMPENSATION	SHARE-BASED COMPENSATION — The Company grants share-based compensation in the form of restricted stock units, performance stock units, performance cash units, and stock options. The expense is based on the grant-date fair value of the equity or liability instrument issued and is recognized on a straight-line basis over the requisite service period, net of estimated forfeitures. The Company uses a Black-Scholes option pricing model to estimate the fair value of stock options granted to its employees.
GENERAL AND ADMINISTRATIVE EXPENSES	GENERAL AND ADMINISTRATIVE EXPENSES — General and administrative expenses include corporate and other expenses related to corporate staff functions and initiatives, primarily executive management, finance, legal, human resources, and information systems, which are not directly allocable to our business segments. Additionally, all costs associated with corporate business development efforts are classified as general and administrative expenses.
DERIVATIVES AND HEDGING ACTIVITIES	DERIVATIVES AND HEDGING ACTIVITIES — Under the accounting standards for derivatives and hedging, the Company recognizes all contracts that meet the definition of a derivative, except those designated as normal purchase or normal sale at inception, as either assets or liabilities in the Consolidated Balance Sheets and measures those instruments at fair value. See Note 5— Fair Value and Fair value in this section for additional discussion regarding the determination of fair value. PPAs and fuel supply agreements are evaluated to assess if they contain either a derivative or an embedded derivative requiring separate valuation and accounting. Generally, these agreements do not meet the definition of a derivative, often due to the inability to be net settled. On a quarterly basis, we evaluate the markets for commodities to be delivered under these agreements to determine if facts and circumstances have changed such that the agreements could be net settled and meet the definition of a derivative. The Company typically designates its derivative instruments as cash flow hedges if they meet the criteria specified in ASC 815, Derivatives and Hedging . The Company enters into interest rate swap agreements in order to hedge the variability of expected future cash interest payments. Foreign currency contracts are used to reduce risks arising from the change in fair value of certain foreign currency denominated assets and liabilities. The objective of these practices is to minimize the impact of foreign currency fluctuations on operating results. The Company also enters into commodity contracts to economically hedge price variability inherent in electricity sales arrangements. The objectives of the commodity contracts are to minimize the impact of variability in spot electricity prices and stabilize estimated revenue streams. The Company does not use derivative instruments for speculative purposes. For our hedges, changes in fair value are deferred in AOCL and are recognized into earnings as the hedged transactions affect earnings. If a derivative is no longer highly effective, hedge accounting will be discontinued prospectively. For cash flow hedges of forecasted transactions, AES estimates the future cash flows of the forecasted transactions and evaluates the probability of the occurrence and timing of such transactions. Changes in the fair value of derivatives not designated and qualifying as cash flow hedges are immediately recognized in earnings. Regardless of when gains or losses on derivatives are recognized in earnings, they are generally classified as interest expense for interest rate and cross-currency derivatives, foreign currency transaction gains or losses for foreign currency derivatives, and non-regulated revenue or non-regulated cost of sales for commodity and other derivatives. Cash flows arising from derivatives are included in the Consolidated Statements of Cash Flows as an operating activity given the nature of the underlying risk being economically hedged and the lack of significant financing elements, except that cash flows on designated and qualifying hedges of variable-rate interest during construction are classified as an investing activity. The Company has elected not to offset net derivative positions in the financial statements. CREDIT LOSSES — In accordance with ASC 326, the Company records an allowance for current expected credit losses (“CECL”) for accounts and notes receivable, financing receivables, contract assets, net investments in leases recognized as a lessor, held-to-maturity debt securities, financial guarantees related to the non-payment of a financial obligation, and off-balance sheet credit exposures not accounted for as insurance. The CECL allowance is based on the asset's amortized cost and reflects management's expected risk of credit losses over the remaining contractual life of the asset. CECL allowances are estimated using relevant information about the collectibility of cash flows and consider information about past events, current conditions, and reasonable and supportable forecasts of future economic conditions. See New Accounting Pronouncements below for further information regarding the impact on the Company's financial statements upon adoption of ASC 326. The following table represents the rollforward of the allowance for credit losses for the periods indicated (in millions): Twelve Months Ended December 31, 2022 Accounts Receivable (1) Mong Duong Loan Receivable Argentina Receivables (2) Lease Receivable (3) Other Total CECL reserve balance at beginning of period $ 9 $ 30 $ 23 $ — $ 1 $ 63 Current period provision 10 — 22 20 1 53 Write-offs charged against allowance (19) — — — (19) Recoveries collected 3 (2) (1) — — — Foreign exchange — — (14) — — (14) CECL reserve balance at end of period $ 3 $ 28 $ 30 $ 20 $ 2 $ 83 Twelve Months Ended December 31, 2021 Accounts Receivable (1) Mong Duong Loan Receivable Argentina Receivables Other Total CECL reserve balance at beginning of period $ 9 $ 32 $ 20 $ 1 $ 62 Current period provision 9 — 7 — 16 Write-offs charged against allowance (11) — — — (11) Recoveries collected 2 (2) — — — Foreign exchange — — (4) — (4) CECL reserve balance at end of period $ 9 $ 30 $ 23 $ 1 $ 63 _____________________________ (1) Excludes operating lease receivable allowances and contractual dispute allowances of $1 million and $2 million as of December 31, 2022 and 2021, respectively. Those reserves are not in scope under ASC 326. (2) Increase in CECL reserve balance for regulatory receivables in Argentina. (3) Lease receivable credit losses allowance at Southland Energy (AES Gilbert).
DERIVATIVES OFFSETTING FAIR VALUE AMOUNTS	The Company has elected not to offset net derivative positions in the financial statements. CREDIT LOSSES — In accordance with ASC 326, the Company records an allowance for current expected credit losses (“CECL”) for accounts and notes receivable, financing receivables, contract assets, net investments in leases recognized as a lessor, held-to-maturity debt securities, financial guarantees related to the non-payment of a financial obligation, and off-balance sheet credit exposures not accounted for as insurance. The CECL allowance is based on the asset's amortized cost and reflects management's expected risk of credit losses over the remaining contractual life of the asset. CECL allowances are estimated using relevant information about the collectibility of cash flows and consider information about past events, current conditions, and reasonable and supportable forecasts of future economic conditions. See New Accounting Pronouncements below for further information regarding the impact on the Company's financial statements upon adoption of ASC 326. The following table represents the rollforward of the allowance for credit losses for the periods indicated (in millions): Twelve Months Ended December 31, 2022 Accounts Receivable (1) Mong Duong Loan Receivable Argentina Receivables (2) Lease Receivable (3) Other Total CECL reserve balance at beginning of period $ 9 $ 30 $ 23 $ — $ 1 $ 63 Current period provision 10 — 22 20 1 53 Write-offs charged against allowance (19) — — — (19) Recoveries collected 3 (2) (1) — — — Foreign exchange — — (14) — — (14) CECL reserve balance at end of period $ 3 $ 28 $ 30 $ 20 $ 2 $ 83 Twelve Months Ended December 31, 2021 Accounts Receivable (1) Mong Duong Loan Receivable Argentina Receivables Other Total CECL reserve balance at beginning of period $ 9 $ 32 $ 20 $ 1 $ 62 Current period provision 9 — 7 — 16 Write-offs charged against allowance (11) — — — (11) Recoveries collected 2 (2) — — — Foreign exchange — — (4) — (4) CECL reserve balance at end of period $ 9 $ 30 $ 23 $ 1 $ 63 _____________________________ (1) Excludes operating lease receivable allowances and contractual dispute allowances of $1 million and $2 million as of December 31, 2022 and 2021, respectively. Those reserves are not in scope under ASC 326. (2) Increase in CECL reserve balance for regulatory receivables in Argentina. (3) Lease receivable credit losses allowance at Southland Energy (AES Gilbert).
SEGMENTS AND GEOGRAPHIC INFORMATION	The segment reporting structure uses the Company's management reporting structure as its foundation to reflect how the Company manages the businesses internally and is mainly organized by geographic regions which provides a socio-political-economic understanding of our business. The management reporting structure is organized by four SBUs led by our President and Chief Executive Officer: US and Utilities, South America, MCAC, and Eurasia SBUs. Using the accounting guidance on segment reporting, the Company determined that its four operating segments are aligned with its four reportable segments corresponding to its SBUs. Corporate and Other — Included in "Corporate and Other" are the results of the AES self-insurance company and certain equity affiliates, corporate overhead costs which are not directly associated with the operations of our four reportable segments, and certain intercompany charges such as self-insurance premiums which are fully eliminated in consolidation. The Company uses Adjusted PTC as its primary segment performance measure. Adjusted PTC, a non-GAAP measure, is defined by the Company as pre-tax income from continuing operations attributable to The AES Corporation excluding gains or losses of the consolidated entity due to (a) unrealized gains or losses related to derivative transactions and equity securities; (b) unrealized foreign currency gains or losses; (c) gains, losses, benefits and costs associated with dispositions and acquisitions of business interests, including early plant closures, and gains and losses recognized at commencement of sales-type leases; (d) losses due to impairments; (e) gains, losses and costs due to the early retirement of debt; and (f) net gains at Angamos, one of our businesses in the South America SBU, associated with the early contract terminations with Minera Escondida and Minera Spence. Adjusted PTC also includes net equity in earnings of affiliates on an after-tax basis adjusted for the same gains or losses excluded from consolidated entities. The Company has concluded Adjusted PTC better reflects the underlying business performance of the Company and is the most relevant measure considered in the Company's internal evaluation of the financial performance of its segments. Additionally, given its large number of businesses and complexity, the Company concluded that Adjusted PTC is a more transparent measure that better assists investors in determining which businesses have the greatest impact on the Company's results. Revenue and Adjusted PTC are presented before inter-segment eliminations, which includes the effect of intercompany transactions with other segments except for interest, charges for certain management fees, and the write-off of intercompany balances, as applicable. All intra-segment activity has been eliminated within the segment. Inter-segment activity has been eliminated within the total consolidated results.
Earnings Per Share, Policy [Policy Text Block]	Basic and diluted earnings per share are based on the weighted-average number of shares of common stock and potential common stock outstanding during the period. Potential common stock, for purposes of determining diluted earnings per share, includes the effects of dilutive RSUs, stock options, and equity units. The effect of such potential common stock is computed using the treasury stock method for RSUs and stock options, and is computed using the if-converted method for equity units.

Leases (Policies)

Leases (Policies)	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Early Termination [Policy Text Block]	The option to extend or terminate a lease is based on customary early termination provisions in the contract, such as payment defaults, bankruptcy, or lack of performance on energy delivery.

Segments and Geographic Informa

Segments and Geographic Information Segments and Geographic Information (Policies)	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Segment Reporting, Policy [Policy Text Block]	The segment reporting structure uses the Company's management reporting structure as its foundation to reflect how the Company manages the businesses internally and is mainly organized by geographic regions which provides a socio-political-economic understanding of our business. The management reporting structure is organized by four SBUs led by our President and Chief Executive Officer: US and Utilities, South America, MCAC, and Eurasia SBUs. Using the accounting guidance on segment reporting, the Company determined that its four operating segments are aligned with its four reportable segments corresponding to its SBUs. Corporate and Other — Included in "Corporate and Other" are the results of the AES self-insurance company and certain equity affiliates, corporate overhead costs which are not directly associated with the operations of our four reportable segments, and certain intercompany charges such as self-insurance premiums which are fully eliminated in consolidation. The Company uses Adjusted PTC as its primary segment performance measure. Adjusted PTC, a non-GAAP measure, is defined by the Company as pre-tax income from continuing operations attributable to The AES Corporation excluding gains or losses of the consolidated entity due to (a) unrealized gains or losses related to derivative transactions and equity securities; (b) unrealized foreign currency gains or losses; (c) gains, losses, benefits and costs associated with dispositions and acquisitions of business interests, including early plant closures, and gains and losses recognized at commencement of sales-type leases; (d) losses due to impairments; (e) gains, losses and costs due to the early retirement of debt; and (f) net gains at Angamos, one of our businesses in the South America SBU, associated with the early contract terminations with Minera Escondida and Minera Spence. Adjusted PTC also includes net equity in earnings of affiliates on an after-tax basis adjusted for the same gains or losses excluded from consolidated entities. The Company has concluded Adjusted PTC better reflects the underlying business performance of the Company and is the most relevant measure considered in the Company's internal evaluation of the financial performance of its segments. Additionally, given its large number of businesses and complexity, the Company concluded that Adjusted PTC is a more transparent measure that better assists investors in determining which businesses have the greatest impact on the Company's results. Revenue and Adjusted PTC are presented before inter-segment eliminations, which includes the effect of intercompany transactions with other segments except for interest, charges for certain management fees, and the write-off of intercompany balances, as applicable. All intra-segment activity has been eliminated within the segment. Inter-segment activity has been eliminated within the total consolidated results.

Income Taxes Income Taxes (Poli

Income Taxes Income Taxes (Policies)	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Income Tax, Policy [Policy Text Block]	INCOME TAXES — Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of the existing assets and liabilities, and their respective income tax basis. The Company establishes a valuation allowance when it is more likely than not that all or a portion of a deferred tax asset will not be realized. The Company's tax positions are evaluated under a more likely than not recognition threshold and measurement analysis before they are recognized for financial statement reporting. Uncertain tax positions have been classified as noncurrent income tax liabilities unless expected to be paid within one year. The Company's policy for interest and penalties related to income tax exposures is to recognize interest and penalties as a component of the provision for income taxes in the Consolidated Statements of Operations. The Company has elected to treat GILTI as an expense in the period in which the tax is accrued. Accordingly, no deferred tax assets or liabilities are recorded related to GILTI. The Company applies the flow-through method to account for its investment tax credits. The Company's accounting policy for releasing the income tax effects from AOCL occurs on a portfolio basis. The Company has elected an accounting policy not to consider the effects of being subject to the corporate alternative minimum tax in future periods when assessing the realizability of our deferred tax assets, carryforwards, and tax credits. Any effect on the realization of deferred tax assets will be recognized in the period they arise.

Earnings Per Share Earnings Per

Earnings Per Share Earnings Per Share (Policies)	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Earnings Per Share, Policy [Policy Text Block]	Basic and diluted earnings per share are based on the weighted-average number of shares of common stock and potential common stock outstanding during the period. Potential common stock, for purposes of determining diluted earnings per share, includes the effects of dilutive RSUs, stock options, and equity units. The effect of such potential common stock is computed using the treasury stock method for RSUs and stock options, and is computed using the if-converted method for equity units.

General and Summary of Signif_3

General and Summary of Significant Accounting Policies Effect of Change in Estimate (Tables)	12 Months Ended
	Dec. 31, 2022
Change in Accounting Estimate [Line Items]
Schedule of Change in Accounting Estimate [Table Text Block]	.

Inventory (Tables)

Inventory (Tables)	12 Months Ended
	Dec. 31, 2022
Inventory Disclosure [Abstract]
Inventory Balance By Type	The following table summarizes the Company's inventory balances as of the dates indicated (in millions): December 31, 2022 2021 Fuel and other raw materials $ 733 $ 366 Spare parts and supplies 322 238 Total $ 1,055 $ 604

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Property, Pland and Equipment with Useful Life Classification	The following table summarizes the components of the electric generation and distribution assets and other property, plant and equipment (in millions) with their estimated useful lives (in years). The amounts are stated net of all prior asset impairment losses recognized. Estimated Useful Life December 31, (in years) 2022 2021 Electric generation and distribution facilities 5-39 $ 24,135 $ 22,909 Other buildings 3-51 1,197 1,552 Furniture, fixtures and equipment 3-30 348 356 Other 1-40 919 735 Total electric generation and distribution assets and other 26,599 25,552 Accumulated depreciation (8,651) (8,486) Net electric generation and distribution assets and other $ 17,948 $ 17,066
Interest Capitalized During Development And Construction	The following table summarizes depreciation expense (including the amortization of assets recorded under finance leases and the amortization of asset retirement obligations) and interest capitalized during development and construction on qualifying assets for the periods indicated (in millions): Years Ended December 31, 2022 2021 2020 Depreciation expense $ 982 $ 972 $ 1,004 Interest capitalized during development and construction 224 226 307
Net Asset Value Of Regulated And Non-Regulated Assets And Accumulated Depreciation	The following table summarizes regulated and non-regulated generation and distribution property, plant and equipment and accumulated depreciation as of the dates indicated (in millions): December 31, 2022 2021 Regulated generation and distribution assets and other, gross $ 9,709 $ 9,151 Regulated accumulated depreciation (4,067) (3,655) Regulated generation and distribution assets and other, net 5,642 5,496 Non-regulated generation and distribution assets and other, gross 16,890 16,401 Non-regulated accumulated depreciation (4,584) (4,831) Non-regulated generation and distribution assets and other, net 12,306 11,570 Net electric generation and distribution assets and other $ 17,948 $ 17,066

Asset Retirement Obligation (Ta

Asset Retirement Obligation (Tables)	12 Months Ended
	Dec. 31, 2022
Asset Retirement Obligation Disclosure [Abstract]
Schedule of Asset Retirement Obligations [Table Text Block]	The following table presents amounts recognized related to asset retirement obligations for the periods indicated (in millions): 2022 2021 Balance at January 1 $ 606 $ 462 Additional liabilities incurred 97 27 Liabilities assumed in acquisition 15 96 Liabilities settled (29) (15) Accretion expense 30 22 Change in estimated cash flows 35 13 Other 3 1 Balance at December 31 $ 757 $ 606

Fair Value (Tables)

Fair Value (Tables)	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Significant unobservable inputs, recurring	The following table summarizes the significant unobservable inputs used for the Level 3 derivative assets (liabilities) as of December 31, 2022 (in millions, except range amounts): Type of Derivative Fair Value Unobservable Input Amount or Range (Weighted Average) Foreign currency: Argentine peso $ 64 Argentine peso to USD currency exchange rate after one year 323 - 742 (547) Commodity: CAISO Energy Swap (59) Forward energy prices per MWh after 2030 $7.06 - $64.78 ($34.71) Other 12 Total $ 17
Derivatives Level 3 Rollforward Table	The following tables present a reconciliation of net derivative assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the years ended December 31, 2022 and 2021 (presented net by type of derivative in millions). Transfers between Level 3 and Level 2 principally result from changes in the significance of unobservable inputs used to calculate the credit valuation adjustment. Year Ended December 31, 2022 Interest Rate Cross Currency Foreign Currency Commodity Total Balance at January 1 $ (6) $ — $ 108 $ (1) $ 101 Total realized and unrealized gains (losses): Included in earnings 4 — (26) — (22) Included in other comprehensive income — derivative activity 15 — (6) (54) (45) Included in regulatory (assets) liabilities — — — 8 8 Settlements (2) — (12) 2 (12) Transfers of assets/(liabilities), net into Level 3 (1) — — — (1) Transfers of (assets)/liabilities, net out of Level 3 (10) — — (2) (12) Balance at December 31 $ — $ — $ 64 $ (47) $ 17 Total gains (losses) for the period included in earnings attributable to the change in unrealized gains (losses) relating to assets and liabilities held at the end of the period $ 3 $ — $ (34) $ 5 $ (26) Year Ended December 31, 2021 Interest Rate Cross Currency Foreign Currency Commodity Total Balance at January 1 $ (236) $ (2) $ 146 $ 2 $ (90) Total realized and unrealized gains (losses): Included in earnings 13 (10) (7) (1) (5) Included in other comprehensive income — derivative activity 4 — (3) (5) (4) Included in regulatory (assets) liabilities — — — 1 1 Settlements 216 3 (28) (1) 190 Transfers of assets/(liabilities), net into Level 3 (3) — — 3 — Transfers of (assets)/liabilities, net out of Level 3 — 9 — — 9 Balance at December 31 $ (6) $ — $ 108 $ (1) $ 101 Total gains (losses) for the period included in earnings attributable to the change in unrealized gains (losses) relating to assets and liabilities held at the end of the period $ 2 $ 4 $ (35) $ — $ (29)
Financial instruments not measured at fair value in the condensed consolidated balance sheets	The following table presents (in millions) the carrying amount, fair value, and fair value hierarchy of the Company's financial assets and liabilities that are not measured at fair value in the Consolidated Balance Sheets as of the periods indicated, but for which fair value is disclosed: December 31, 2022 Carrying Amount Fair Value Total Level 1 Level 2 Level 3 Assets: Accounts receivable — noncurrent (1) $ 301 $ 340 $ — $ — $ 340 Liabilities: Non-recourse debt 19,429 18,527 — 17,089 1,438 Recourse debt 3,894 3,505 — 3,505 — December 31, 2021 Carrying Amount Fair Value Total Level 1 Level 2 Level 3 Assets: Accounts receivable — noncurrent (2) $ 55 $ 117 $ — $ — $ 117 Liabilities: Non-recourse debt 14,811 16,091 — 16,065 26 Recourse debt 3,754 3,818 — 3,818 — _____________________________ (1) These amounts primarily relate to amounts impacted by the Stabilization Fund enacted by the Chilean government, and future premium payments on a heat rate call option entered into on behalf of the Southland Energy CCGT units. The premium payments are expected to be received in 2024. These amounts are included in Other noncurrent assets in the accompanying Condensed Consolidated Balance Sheets. See Note 7— Financing Receivables for further information. (2) These amounts primarily relate to amounts due from CAMMESA, the administrator of the wholesale electricity market in Argentina, and amounts impacted by the Stabilization Fund enacted by the Chilean government, and are included in Other noncurrent assets in the accompanying Condensed Consolidated Balance Sheets. The fair value and carrying amount of the Argentina receivables exclude VAT of $2 million as of December 31, 2021. See Note 7— Financing Receivables for further information.
Significant unobservable inputs, nonrecurring	The following table summarizes the significant unobservable inputs used in the Level 3 measurement of long-lived assets held and used and equity method investments measured on a nonrecurring basis during the year ended December 31, 2022 (in millions, except range amounts): December 31, 2022 Fair Value Valuation Technique Unobservable Input Range (Weighted Average) Long-lived assets held and used: Maritza $ 452 Discounted cash flow Annual revenue growth (66)% to 11% (-11%) Annual variable margin (66)% to 23% (-1%) Discount rate 20% to 25% (21%) TEG TEP 311 Discounted cash flow Annual revenue growth (15)% to 2% (0%) Annual variable margin 36% to 43% (37%) Discount rate 13% to 20% (15%) Equity method investments: sPower 432 Discounted cash flow Annual dividend growth (36)% to 41% (2%) Discount rate 7 % Total $ 1,195
Fair value hierarchy for nonrecurring measurements table	The following table summarizes our major categories of assets measured at fair value on a nonrecurring basis and their level within the fair value hierarchy (in millions): Year Ended December 31, 2022 Measurement Date Carrying Amount (1) Fair Value Pre-tax Loss Assets Level 1 Level 2 Level 3 Long-lived assets held and used: (2) Maritza 4/30/2022 $ 920 $ — $ — $ 452 $ 468 TEG TEP 10/1/2022 504 — — 311 193 Held-for-sale businesses: (3) Jordan (4) 9/30/2022 $ 216 $ — $ 170 $ — $ 51 Jordan (4) 12/31/2022 190 — 170 — 25 Goodwill: (5) AES Andes 10/1/2022 $ 644 $ — $ — $ — $ 644 AES El Salvador 10/1/2022 133 — — — 133 Equity method investments: (6) sPower 12/31/2022 $ 607 $ — $ — $ 432 $ 175 Year Ended December 31, 2021 Measurement Date Carrying Amount (1) Fair Value Pre-tax Loss Assets Level 1 Level 2 Level 3 Long-lived assets held and used: (2) Puerto Rico 3/31/2021 $ 548 $ — $ — $ 73 $ 475 Mountain View I & II 4/30/2021 78 — — 11 67 Ventanas 3 & 4 6/30/2021 661 — — 12 649 Angamos 6/30/2021 241 — — 86 155 Buffalo Gap III 12/31/2021 91 — — — 91 Buffalo Gap II 12/31/2021 73 — — — 73 Buffalo Gap I 12/31/2021 29 — — — 29 Dispositions and held-for-sale businesses: (3) Estrella del Mar I 9/30/2021 $ 17 $ — $ 6 $ — $ 11 Alto Maipo (7) 11/30/2021 2,339 — — 2,043 — _____________________________ (1) Represents the carrying values at the dates of initial measurement, before fair value adjustment. (2) See Note 22— Asset Impairment Expense for further information. (3) See Note 24 — Held-for-Sale and Dispositions for further information. (4) The pre-tax loss recognized was calculated using the $170 million fair value of the Jordan disposal group less cost to sell of $5 million. (5) See Note 9— Goodwill and Other Intangible Assets for further information. (6) See Note 8— Investments in and Advances to Affiliates for further information. (7) Fair value measurement performed for purposes of allocating $224 million of goodwill to the carrying amount of Alto Maipo in determining the loss on disposal. The goodwill allocation was determined based on the relative fair value of Alto Maipo, which was included in the AES Andes reporting unit. Note that the pre-tax loss column excludes the loss on disposal as this fair value measurement is only one component of such loss. See Note 24 — Held-for-Sale and Dispositions for further information.
Fair value hierarchy for recurring measurements table	The following table presents, by level within the fair value hierarchy as described in Note 1— General and Summary of Significant Accounting Policies the Company's financial assets and liabilities that were measured at fair value on a recurring basis as of the dates indicated (in millions). For the Company's investments in marketable debt securities, the security classes presented were determined based on the nature and risk of the security and are consistent with how the Company manages, monitors, and measures its marketable securities: December 31, 2022 December 31, 2021 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Assets DEBT SECURITIES: Available-for-sale: Unsecured debentures $ — $ — $ — $ — $ — $ — $ — $ — Certificates of deposit — 698 — 698 — 199 — 199 Government debt securities — 3 — 3 — — — — Total debt securities — 701 — 701 — 199 — 199 EQUITY SECURITIES: Mutual funds 38 — — 38 31 13 — 44 Total equity securities 38 — — 38 31 13 — 44 DERIVATIVES: Interest rate derivatives — 314 — 314 — 51 2 53 Cross-currency derivatives — — — — — 5 — 5 Foreign currency derivatives — 22 64 86 — 29 108 137 Commodity derivatives — 232 13 245 — 32 6 38 Total derivatives — assets — 568 77 645 — 117 116 233 TOTAL ASSETS $ 38 $ 1,269 $ 77 $ 1,384 $ 31 $ 329 $ 116 $ 476 Liabilities DERIVATIVES: Interest rate derivatives $ — $ 6 $ — $ 6 $ — $ 286 $ 8 $ 294 Cross-currency derivatives — 42 — 42 — 11 — 11 Foreign currency derivatives — 20 — 20 — 35 — 35 Commodity derivatives — 346 60 406 — 37 7 44 Total derivatives — liabilities — 414 60 474 — 369 15 384 TOTAL LIABILITIES $ — $ 414 $ 60 $ 474 $ — $ 369 $ 15 $ 384
Schedule of Realized Gain (Loss)	The following table presents gross proceeds from sale of available-for-sale securities for the periods indicated (in millions): Year Ended December 31, 2022 2021 2020 Gross proceeds from sale of available-for-sale securities $ 1,065 $ 578 $ 582

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities (Tables)	12 Months Ended
	Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Interest Rate Derivatives By Type Table	The following table presents the Company's maximum notional (in millions) over the remaining contractual period by type of derivative as of December 31, 2022, regardless of whether they are in qualifying hedging relationships, and the dates through which the maturities for each type of derivative range: Interest Rate and Foreign Currency Derivatives Maximum Notional Translated to USD Latest Maturity Interest rate (LIBOR, SOFR and EURIBOR) $ 6,040 2059 Cross-currency swaps (Brazilian Reais) 293 2034 Foreign currency: Euro 198 2025 Chilean peso 167 2025 Colombian peso 57 2024 Brazilian real 32 2024 Argentine peso 5 2026
Commodity Derivatives By Type Table	Commodity Derivatives Maximum Notional Latest Maturity Natural Gas (in MMBtu) 71 2030 Power (in MWhs) 15 2040 Coal (in Tons or Metric Tonnes) 6 2027
Derivative Assets Liabilities At Fair Value Net By Balance Sheet Classification And Type Table	The following tables present the fair value of assets and liabilities related to the Company's derivative instruments as of the periods indicated (in millions): Fair Value December 31, 2022 December 31, 2021 Assets Designated Not Designated Total Designated Not Designated Total Interest rate derivatives $ 313 $ 1 $ 314 $ 53 $ — $ 53 Cross-currency derivatives — — — 5 — 5 Foreign currency derivatives 27 59 86 28 109 137 Commodity derivatives — 245 245 6 32 38 Total assets $ 340 $ 305 $ 645 $ 92 $ 141 $ 233 Liabilities Interest rate derivatives $ 6 $ — $ 6 $ 288 $ 6 $ 294 Cross-currency derivatives 42 — 42 11 — 11 Foreign currency derivatives 9 11 20 23 12 35 Commodity derivatives 59 347 406 11 33 44 Total liabilities $ 116 $ 358 $ 474 $ 333 $ 51 $ 384 December 31, 2022 December 31, 2021 Fair Value Assets Liabilities Assets Liabilities Current $ 271 $ 168 $ 85 $ 83 Noncurrent 374 306 148 301 Total $ 645 $ 474 $ 233 $ 384 Credit Risk-Related Contingent Features December 31, 2022 December 31, 2021 Present value of liabilities subject to collateralization $ 104 $ — Cash collateral held by third parties or in escrow 42 —
Gain Loss In Accumulated Other Comprehensive Income And Earnings On Effective Portion Of Qualifying Cash Flow Hedges Table	The following table presents the pre-tax gains (losses) recognized in AOCL and earnings related to all derivative instruments for the periods indicated (in millions): Years Ended December 31, 2022 2021 2020 Cash flow hedges Gains (losses) recognized in AOCL Interest rate derivatives $ 869 $ 51 $ (511) Cross-currency derivatives — (11) 3 Foreign currency derivatives 17 (34) 25 Commodity derivatives 16 (1) 5 Total $ 902 $ 5 $ (478) Gains (losses) reclassified from AOCL to earnings Interest rate derivatives $ (72) $ (419) $ (75) Cross-currency derivatives — (15) (5) Foreign currency derivatives 2 (62) (9) Commodity derivatives 2 4 (2) Total $ (68) $ (492) $ (91) Gains (Losses) on fair value hedging relationship Cross Currency contracts Derivatives designated as hedging instruments $ (35) $ (6) $ — Hedged items 26 4 — Total $ (9) $ (2) $ — Loss reclassified from AOCL to earnings due to impairment of assets $ (16) $ — $ (14) Gain reclassified from AOCL to earnings due to discontinuance of hedge accounting $ 26 $ — $ — Gain (losses) recognized in earnings related to Not designated as hedging instruments: Interest rate derivatives $ 4 $ 105 $ (1) Foreign currency derivatives 21 29 68 Commodity derivatives and other (43) (28) (68) Total $ (18) $ 106 $ (1)

Financing Receivables (Tables)

Financing Receivables (Tables)	12 Months Ended
	Dec. 31, 2022
Receivables [Abstract]
Financing Receivables	The following table presents financing receivables by country as of the dates indicated (in millions). December 31, 2022 December 31, 2021 Gross Receivable Allowance Net Receivable Gross Receivable Allowance Net Receivable Chile $ 239 $ — $ 239 $ 17 $ — $ 17 U.S. 46 — 46 — — — Argentina 5 — 5 11 1 10 Other 13 — 13 30 — 30 Total $ 303 $ — $ 303 $ 58 $ 1 $ 57

Investments In and Advances T_2

Investments In and Advances To Affiliates (Tables)	12 Months Ended
	Dec. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]
Equity Ownership Interest And Carrying Values Of Investments Accounted For Under The Equity Method	The following table summarizes the relevant effective equity ownership interest and carrying values for the Company's investments accounted for under the equity method as of the periods indicated: December 31, 2022 2021 2022 2021 Affiliate Country Carrying Value (in millions) Ownership Interest % sPower (1) United States $ 432 $ 492 50 % 50 % Fluence United States 205 304 34 % 34 % Grupo Energía Gas Panamá Panama 82 41 49 % 49 % Uplight United States 81 103 29 % 29 % Energía Natural Dominicana Enadom (2) Dominican Republic 64 53 43 % 43 % Mesa La Paz Mexico 32 48 50 % 50 % Barry (3) United Kingdom — — 100 % 100 % Other affiliates (4) Various 56 39 Total $ 952 $ 1,080 _____________________________ (1) In February 2021, the sPower and AES Renewable Holdings development platforms were merged to form AES Clean Energy Development. See Note 25— Acquisitions for further information. (2) The Company's ownership in Energía Natural Dominicana Enadom is held through Andres, an 85%-owned consolidated subsidiary. Andres owns 50% of Energía Natural Dominicana Enadom, resulting in an AES effective ownership of 43%. (3) Represents a VIE in which the Company holds a variable interest, but is not the primary beneficiary. (4) Includes Bosforo, Tucano and various other equity method investments.
Investments In and Advances to Affiliates Financial Information	The following tables summarize financial information of the Company's 50%-or-less-owned affiliates and majority-owned unconsolidated subsidiaries that are accounted for using the equity method (in millions): 50%-or-less Owned Affiliates Majority-Owned Unconsolidated Subsidiaries Years ended December 31, 2022 2021 2020 2022 2021 2020 Revenue $ 1,780 $ 1,316 $ 1,880 $ 1 $ 1 $ 1 Operating margin (loss) (361) (53) 213 (1) (1) (3) Net income (loss) (527) (242) (538) — (3) (4) Net income (loss) attributable to affiliates (405) (40) (411) — (3) (4) December 31, 2022 2021 2022 2021 Current assets $ 2,223 $ 1,180 $ 125 $ 122 Noncurrent assets 7,522 6,497 643 771 Current liabilities 1,931 1,414 118 126 Noncurrent liabilities 4,040 3,602 677 793 Stockholders' equity 2,978 1,792 (26) (26) Noncontrolling interests 796 869 (1) —

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The following table summarizes the carrying amount of goodwill by reportable segment for the years ended December 31, 2022 and 2021 (in millions): US and Utilities South America MCAC Eurasia Corporate and Other Total Balance as of December 31, 2021 Goodwill $ 3,127 $ 644 $ 16 $ — $ 1 $ 3,788 Accumulated impairment losses (2,611) — — — — (2,611) Net balance 516 644 16 — 1 1,177 Impairment losses (133) (644) — — — (777) Goodwill acquired during the year — — — — 3 3 Goodwill derecognized during the year (40) — — — (1) (41) Balance as of December 31, 2022 Goodwill 3,087 644 16 — 3 3,750 Accumulated impairment losses (2,744) (644) — — — (3,388) Net balance $ 343 $ — $ 16 $ — $ 3 $ 362
Schedule of Finite-Lived and Indefinite-Lived Intangible Assets	The following table summarizes the balances comprising Other intangible assets in the accompanying Consolidated Balance Sheets (in millions) as of the periods indicated: December 31, 2022 December 31, 2021 Gross Balance Accumulated Amortization Net Balance Gross Balance Accumulated Amortization Net Balance Subject to Amortization Internal-use software $ 582 $ (307) $ 275 $ 457 $ (279) $ 178 Contracts 342 (40) 302 183 (48) 135 Project development rights (1) 991 (17) 974 819 (8) 811 Emissions allowances (2) 37 — 37 18 — 18 Concession rights 207 (50) 157 195 (33) 162 Other (3) 57 (20) 37 111 (17) 94 Subtotal 2,216 (434) 1,782 1,783 (385) 1,398 Indefinite-Lived Intangible Assets Land use rights 42 — 42 28 — 28 Water rights — — — 3 — 3 Transmission rights 16 — 16 19 — 19 Other 1 — 1 2 — 2 Subtotal 59 — 59 52 — 52 Total $ 2,275 $ (434) $ 1,841 $ 1,835 $ (385) $ 1,450 _____________________________ (1) Includes emission offset fee to the Air Quality Management District ("AQMD") in order to transfer emission offsets from retired legacy Southland units to the new CCGT. (2) Acquired or purchased emissions allowances are finite-lived intangible assets that are expensed when utilized and included in net income for the year. (3) Includes management rights, renewable energy credits and incentives, and other individually insignificant intangible assets.
Schedule of Acquired Intangible Assets By Major Class	The following tables summarize other intangible assets acquired during the periods indicated (in millions): December 31, 2022 Amount Subject to Amortization/Indefinite-Lived Weighted Average Amortization Period (in years) Amortization Method Internal-use software $ 136 Subject to Amortization 14 Straight-line Contracts 196 Subject to Amortization 23 Straight-line Project development rights 67 Subject to Amortization 4 Straight-line Emissions allowances 35 Subject to Amortization Various As utilized Land use rights 13 Indefinite-Lived N/A N/A Transmission rights — Indefinite-Lived N/A N/A Other 1 Various N/A N/A Total $ 448 December 31, 2021 Amount Subject to Amortization/Indefinite-Lived Weighted Average Amortization Period (in years) Amortization Method Internal-use software $ 89 Subject to Amortization 6 Straight-line Contracts 35 Subject to Amortization 12 Straight-line Project development rights 667 Subject to Amortization 35 Straight-line Emissions allowances 22 Subject to Amortization Various As utilized Transmission rights — Indefinite-Lived N/A N/A Concession rights (1) 7 Subject to Amortization 12 Straight-line Other 2 Various N/A N/A Total $ 822
Schedule of Expected Amortization Expense	The following table summarizes the estimated amortization expense by intangible asset category for 2023 through 2027: (in millions) 2023 2024 2025 2026 2027 Internal-use software $ 29 $ 28 $ 27 $ 26 $ 25 Contracts 20 17 16 16 16 Concession rights 17 16 16 16 16 Other 5 6 7 7 7 Total $ 71 $ 67 $ 66 $ 65 $ 64

Regulatory Assets and Liabili_2

Regulatory Assets and Liabilities (Tables)	12 Months Ended
	Dec. 31, 2022
Regulated Operations [Abstract]
Regulatory Assets and Liabilities	The Company has recorded regulatory assets and liabilities (in millions) that it expects to pass through to its customers in accordance with, and subject to, regulatory provisions as follows: December 31, 2022 2021 Recovery/Refund Period Regulatory assets Current regulatory assets: AES Indiana deferred fuel and purchased power costs $ 80 $ 9 1 year El Salvador energy pass through costs recovery 78 80 Quarterly Other 79 79 1 year Total current regulatory assets 237 168 Noncurrent regulatory assets: AES Indiana Petersburg Units 1 and 2 retirement costs 287 300 Over life of assets AES Indiana and AES Ohio defined benefit pension obligations (1) 194 191 Various AES Indiana environmental costs 73 76 Various AES Indiana deferred Midwest ISO costs 34 48 4 years AES Indiana deferred fuel and purchased power costs 21 84 2 years Other 115 135 Various Total noncurrent regulatory assets 724 834 Total regulatory assets $ 961 $ 1,002 Regulatory liabilities Current regulatory liabilities: Overcollection of costs to be passed back to customers $ 46 $ 18 1 year Other 18 1 Various Total current regulatory liabilities 64 19 Noncurrent regulatory liabilities: AES Indiana and AES Ohio accrued costs of removal and AROs 657 868 Over life of assets AES Indiana and AES Ohio income taxes payable to customers through rates 134 158 Various Other 22 30 Various Total noncurrent regulatory liabilities 813 1,056 Total regulatory liabilities $ 877 $ 1,075 _____________________________ (1) Past expenditures on which the Company earns a rate of return .

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Schedule of Non-recourse debt [Table Text Block]	During the year ended December 31, 2022, the Company's subsidiaries had the following significant debt transactions: Subsidiary Transaction Period Issuances Repayments Loss on Extinguishment of Debt AES Andes (1) Q1, Q2, Q3, Q4 $ 999 $ (217) $ — AES Brasil Q1, Q2, Q4 779 (201) — AES Clean Energy (2) Q2, Q3, Q4 1,153 (815) (12) AES Indiana Q2, Q4 550 (200) — United Kingdom Q1 710 (350) — Netherlands/Panama Q1 500 — — El Salvador Q2 348 (345) — AES Ohio Q2 140 — — AES Dominicana Renewable Energy Q3 120 — — Bulgaria Q4 159 — — _____________________________ (1) Issuances and repayments relate to AES Andes S.A. and AES Colombia. (2) Issuances and repayments relate to AES Clean Energy Development and AES Renewable Holdings entities
Carrying Amount and Terms of Non-Recourse Debt	The following table summarizes the carrying amount and terms of non-recourse debt at our subsidiaries as of the periods indicated (in millions): NON-RECOURSE DEBT Weighted Average Interest Rate Maturity December 31, 2022 2021 Variable Rate: Bank loans 7.42% 2023 - 2041 $ 3,971 $ 2,345 Notes and bonds 1.48% 2023 - 2045 2,137 1,121 Debt to (or guaranteed by) multilateral, export credit agencies or development banks (1) 6.59% 2023 - 2023 4 79 Other 6.64% 2023 - 2030 1,234 125 Fixed Rate: Bank loans 6.12% 2023 - 2057 461 359 Notes and bonds 5.05% 2023 - 2079 11,130 10,914 Debt to (or guaranteed by) multilateral, export credit agencies or development banks (1) 6.75% 2024 - 2024 3 3 Other 4.95% 2023 - 2061 798 79 Unamortized (discount) premium & debt issuance (costs), net (309) (214) Subtotal $ 19,429 $ 14,811 Less: Current maturities (2) (1,752) (1,361) Noncurrent maturities (2) (3) $ 17,677 $ 13,450 _____________________________ (1) Multilateral loans include loans funded and guaranteed by bilaterals, multilaterals, development banks and other similar institutions. (2) Excludes $6 million and $6 million (current) and $169 million and $128 million (noncurrent) finance lease liabilities included in the respective non-recourse debt line items on the Consolidated Balance Sheet as of December 31, 2022 and 2021, respectively. See Note 14— Leases for further information.
Schedule For Maturity For Non-Recourse Debt	Non-recourse debt as of December 31, 2022 is scheduled to reach maturity as shown below (in millions): December 31, Annual Maturities 2023 $ 1,761 2024 2,687 2025 2,237 2026 1,040 2027 2,720 Thereafter 9,293 Unamortized (discount) premium & debt issuance (costs), net (309) Total $ 19,429
Debt In Default Table	The following table summarizes the Company's subsidiary non-recourse debt in default (in millions) as of December 31, 2022. Due to the defaults, these amounts are included in the current portion of non-recourse debt: Primary Nature December 31, 2022 Subsidiary Debt in Default Net Assets AES Puerto Rico Covenant $ 143 $ (178) AES Ilumina (Puerto Rico) Covenant 27 27 AES Jordan Solar Covenant 7 10 Total $ 177
Schedule of Recourse Debt Detail	The following table summarizes the carrying amount and terms of recourse debt of the Company as of the periods indicated (in millions): Interest Rate Final Maturity December 31, 2022 December 31, 2021 Senior Variable Rate Term Loan SOFR + 1.125% 2024 200 — Senior Unsecured Note 3.30% 2025 900 900 Drawings on revolving credit facility SOFR + 1.75% 2027 325 365 Senior Unsecured Note 1.375% 2026 800 800 Senior Unsecured Note 3.95% 2030 700 700 Senior Unsecured Note 2.45% 2031 1,000 1,000 Other (1) CDI + 7.00% 2022 — 25 Unamortized (discount) premium & debt issuance (costs), net (31) (36) Subtotal $ 3,894 $ 3,754 Less: Current maturities — (25) Noncurrent maturities $ 3,894 $ 3,729 _____________________________ (1) Represents project-level limited recourse debt at AES Holdings Brasil Ltda. December 31, Interest Rate Maturity 2022 2021 Senior Variable Rate Term Loan SOFR + 1.125% 2024 200 — Senior Unsecured Note 3.300% 2025 900 900 Drawings on revolving credit facility SOFR + 1.75% 2027 325 365 Senior Unsecured Note 1.375% 2026 800 800 Senior Unsecured Note 3.95% 2030 700 700 Senior Unsecured Note 2.45% 2031 1,000 1,000 Unamortized (discounts)/premiums & debt issuance (costs) (31) (36) Total $ 3,894 $ 3,729
Schedule of Future Maturities of Recourse Debt	The following table summarizes the principal amounts due under our recourse debt for the next five years and thereafter (in millions): December 31, Net Principal Amounts Due 2023 $ — 2024 200 2025 900 2026 800 2027 325 Thereafter 1,700 Unamortized (discount) premium & debt issuance (costs), net (31) Total recourse debt $ 3,894 December 31, Annual Maturities 2023 $ — 2024 200 2025 900 2026 800 2027 325 Thereafter 1,700 Unamortized (discount)/premium & debt issuance (costs), net (31) Total debt $ 3,894

Commitments (Tables)

Commitments (Tables)	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Electricity Purchase Contract Commitment	The following table shows the future minimum commitments for continuing operations under these contracts as of December 31, 2022 for 2023 through 2027 and thereafter as well as actual purchases under these contracts for the years ended December 31, 2022, 2021, and 2020 (in millions): Actual purchases during the year ended December 31, Electricity Purchase Contracts Fuel Purchase Contracts Other Purchase Contracts 2020 $ 756 $ 1,573 $ 1,506 2021 709 2,070 1,261 2022 1,156 3,375 3,602 Future commitments for the year ending December 31, 2023 $ 1,190 $ 3,702 $ 4,642 2024 873 2,624 477 2025 639 1,706 303 2026 588 1,099 215 2027 586 1,117 189 Thereafter 5,924 3,134 1,515 Total $ 9,800 $ 13,382 $ 7,341

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Schedule of Lease Assets and Liabilities - Lessee [Table Text Block]	The following table summarizes the amounts recognized on the Consolidated Balance Sheets related to lease asset and liability balances as of the periods indicated (in millions): Consolidated Balance Sheet Classification December 31, 2022 December 31, 2021 Assets Right-of-use assets — finance leases Electric generation, distribution assets and other $ 160 $ 125 Right-of-use assets — operating leases Other noncurrent assets 356 278 Total right-of-use assets $ 516 $ 403 Liabilities Finance lease liabilities (current) Non-recourse debt (current liabilities) $ 6 $ 6 Finance lease liabilities (noncurrent) Non-recourse debt (noncurrent liabilities) 169 128 Total finance lease liabilities 175 134 Operating lease liabilities (current) Accrued and other liabilities 26 20 Operating lease liabilities (noncurrent) Other noncurrent liabilities 374 294 Total operating lease liabilities 400 314 Total lease liabilities $ 575 $ 448
Weighted-Average Lease Term and Discount Rate [Table Text Block]	The following table summarizes supplemental balance sheet information related to leases as of the periods indicated: Lease Term and Discount Rate December 31, 2022 December 31, 2021 Weighted-average remaining lease term — finance leases 33 years 32 years Weighted-average remaining lease term — operating leases 25 years 23 years Weighted-average discount rate — finance leases 4.59 % 4.65 % Weighted-average discount rate — operating leases 6.22 % 6.70 %
Lease, Cost [Table Text Block]	The following table summarizes the components of lease expense recognized in Cost of Sales on the Consolidated Statements of Operations for the periods indicated (in millions): Twelve Months Ended December 31, Components of Lease Cost 2022 2021 Operating lease cost $ 46 $ 36 Finance lease cost: Amortization of right-of-use assets 8 4 Interest on lease liabilities 8 4 Short-term lease costs 28 21 Variable lease cost 1 1 Total lease cost $ 91 $ 66
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	The following table shows the future lease payments under operating and finance leases for continuing operations together with the present value of the net lease payments as of December 31, 2022 for 2023 through 2027 and thereafter (in millions): Maturity of Lease Liabilities Finance Leases Operating Leases 2023 $ 10 $ 36 2024 9 35 2025 9 33 2026 9 32 2027 9 30 Thereafter 310 650 Total 356 816 Less: Imputed interest (181) (416) Present value of lease payments $ 175 $ 400
Operating Lease, Lease Income	The following table presents lease revenue from operating leases in which the Company is the lessor, recognized in Revenue on the Consolidated Statements of Operations for the periods indicated (in millions): Twelve Months Ended December 31, Lease Income 2022 2021 Total lease revenue $ 527 $ 595 Less: Variable lease revenue (49) (75) Total non-variable lease revenue $ 478 $ 520
Sales-type Lease, Lease Income [Table Text Block]	The following table shows the future lease receipts as of December 31, 2022 for 2023 through 2027 and thereafter (in millions): Future Cash Receipts for Sales-Type Leases Operating Leases 2023 $ 25 $ 387 2024 25 387 2025 25 388 2026 25 279 2027 25 203 Thereafter 367 545 Total 492 $ 2,189 Less: Imputed interest (264) Present value of total lease receipts $ 228
Property, Plant, and Equipment, Lessor Asset under Operating Lease	The following table presents the underlying gross assets and accumulated depreciation of operating leases included in Property, Plant and Equipment on the Consolidated Balance Sheets as of the periods indicated (in millions): Lease Assets December 31, 2022 December 31, 2021 Gross assets $ 1,319 $ 2,423 Accumulated depreciation (139) (765) Net assets $ 1,180 $ 1,658

Benefit Plans (Tables)

Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2022
Retirement Benefits [Abstract]
Schedule of Net Funded Status	The following table reconciles the Company's funded status, both domestic and foreign, as of the periods indicated (in millions): 2022 2021 U.S. Foreign U.S. Foreign Change in projected benefit obligation: Benefit obligation as of January 1 $ 1,225 $ 173 $ 1,331 $ 218 Service cost 14 4 14 6 Interest cost 28 17 24 15 Plan amendments — — 8 — Plan curtailments — — — (23) Plan settlements — — — (1) Benefits paid (65) (13) (101) (10) Divestitures — (1) — — Actuarial (gain) loss (288) (11) (51) (16) Effect of foreign currency exchange rate changes — 8 — (16) Benefit obligation as of December 31 $ 914 $ 177 $ 1,225 $ 173 Change in plan assets: Fair value of plan assets as of January 1 $ 1,218 $ 106 $ 1,249 $ 112 Actual return on plan assets (250) 7 60 9 Employer contributions 8 5 10 4 Plan settlements — — — (1) Benefits paid (65) (13) (101) (10) Effect of foreign currency exchange rate changes — 9 — (8) Fair value of plan assets as of December 31 $ 911 $ 114 $ 1,218 $ 106 Reconciliation of funded status: Funded status as of December 31 $ (3) $ (63) $ (7) $ (67)
Schedule of Amounts Recognized in Balance Sheet	The following table summarizes the amounts recognized on the Consolidated Balance Sheets related to the funded status of the DB Plans, both domestic and foreign, as of the periods indicated (in millions): December 31, 2022 2021 Amounts Recognized on the Consolidated Balance Sheets U.S. Foreign U.S. Foreign Noncurrent assets $ 34 $ 7 $ 49 $ 7 Accrued benefit liability—current — (8) — (7) Accrued benefit liability—noncurrent (37) (62) (56) (67) Net amount recognized at end of year $ (3) $ (63) $ (7) $ (67)
Schedule of Accumulated and Projected Benefit Obligations	The following table summarizes the Company's U.S. and foreign accumulated benefit obligation as of the periods indicated (in millions): December 31, 2022 2021 U.S. Foreign U.S. Foreign Accumulated benefit obligation $ 900 $ 170 $ 1,199 $ 165 Information for pension plans with an accumulated benefit obligation in excess of plan assets: Projected benefit obligation $ 340 $ 169 $ 458 $ 165 Accumulated benefit obligation 333 163 442 159 Fair value of plan assets 304 98 402 91 Information for pension plans with a projected benefit obligation in excess of plan assets: Projected benefit obligation $ 340 $ 169 $ 458 $ 165 Fair value of plan assets 304 98 402 91
Schedule of Assumptions Used	The following table summarizes the significant weighted average assumptions used in the calculation of benefit obligation and net periodic benefit cost, both domestic and foreign, as of the periods indicated: December 31, 2022 2021 U.S. Foreign U.S. Foreign Benefit Obligation: Discount rate 5.41 % 13.23 % 2.82 % 10.45 % Rate of compensation increase 2.75 % 11.06 % 2.75 % 7.76 % Periodic Benefit Cost: Discount rate 2.82 % 10.45 % (1) 2.45 % 7.53 % (1) Expected long-term rate of return on plan assets 4.50 % 6.36 % 4.91 % 8.02 % Rate of compensation increase 2.75 % 7.76 % 2.75 % 5.69 % _____________________________ (1) Includes an inflation factor that is used to calculate future periodic benefit cost, but is not used to calculate the benefit obligation.
Impact Of One Percent Change In Assumptions	The impact on pension expense from a one percentage point change in these assumptions is shown in the following table (in millions): Increase of 1% in the discount rate $ (1) Decrease of 1% in the discount rate 4 Increase of 1% in the long-term rate of return on plan assets (13) Decrease of 1% in the long-term rate of return on plan assets 13
Schedule of Net Benefit Costs	The following table summarizes the components of the net periodic benefit cost, both domestic and foreign, for the years indicated (in millions): December 31, 2022 2021 2020 Components of Net Periodic Benefit Cost: U.S. Foreign U.S. Foreign U.S. Foreign Service cost $ 14 $ 4 $ 14 $ 6 $ 12 $ 6 Interest cost 28 17 24 15 35 14 Expected return on plan assets (53) (7) (59) (8) (58) (7) Amortization of prior service cost 4 — 4 — 5 — Amortization of net loss 8 1 15 3 14 2 Curtailment (gain) loss recognized — — — (17) — — Total pension cost $ 1 $ 15 $ (2) $ (1) $ 8 $ 15
Schedule of Net Periodic Benefit Cost Not yet Recognized	The following table summarizes the amounts reflected in AOCL, including AOCL attributable to noncontrolling interests, on the Consolidated Balance Sheet as of December 31, 2022, that have not yet been recognized as components of net periodic benefit cost (in millions): December 31, 2022 Accumulated Other Comprehensive Income (Loss) U.S. Foreign Prior service cost $ (3) $ 3 Unrecognized net actuarial loss (20) (27) Total $ (23) $ (24)
Target / Actual Allocation Of Pension Plan Asset	The following table summarizes the Company's target allocation for 2022 and pension plan asset allocation, both domestic and foreign, as of the periods indicated: Percentage of Plan Assets as of December 31, Target Allocations 2022 2021 Asset Category U.S. Foreign U.S. Foreign U.S. Foreign Equity securities 22% 12% 22.17 % 3.53 % 31.26 % 14.76 % Debt securities 78% 82% 77.28 % 92.14 % 68.37 % 82.40 % Real estate —% 2% — % 1.09 % — % 1.11 % Other —% 4% 0.55 % 3.24 % 0.37 % 1.73 % Total pension assets 100.00 % 100.00 % 100.00 % 100.00 %
Schedule of Allocation of Plan Assets	The asset allocation is reviewed periodically to determine a suitable asset allocation which seeks to manage risk through portfolio diversification and takes into account the above-stated objectives, in conjunction with current funding levels, cash flow conditions, and economic and industry trends. The following table summarizes the Company's U.S. DB Plan assets by category of investment and level within the fair value hierarchy as of the periods indicated (in millions): December 31, 2022 December 31, 2021 U.S. Plans Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Equity securities: (1) $ — $ 202 $ — $ 202 $ — $ 381 $ — $ 381 Debt securities: (1) — 704 — 704 — 833 — 833 Cash and cash equivalents 5 — — 5 4 — — 4 Total plan assets $ 5 $ 906 $ — $ 911 $ 4 $ 1,214 $ — $ 1,218 _____________________________ (1) For the U.S. plans, the balances under the equity securities and debt securities categories represent investments through common collective trusts, for which the underlying investments are equity and debt securities.
Fair Value Of Plan Assets By Category / Level (Foreign)	The investment strategy of the foreign DB Plans seeks to maximize return on investment while minimizing risk. The assumed asset allocation has less exposure to equities in order to closely match market conditions and near term forecasts. The following table summarizes the Company's foreign DB plan assets by category of investment and level within the fair value hierarchy as of the periods indicated (in millions): December 31, 2022 December 31, 2021 Foreign Plans Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Equity securities: Mutual funds $ — $ 3 $ — $ 3 $ 15 $ — $ — $ 15 Private equity — — 1 1 — — 1 1 Debt securities: Mutual funds (1) 35 70 — 105 18 69 — 87 Real estate: Real estate — — 1 1 — — 1 1 Other: Other assets 1 2 1 4 1 — 1 2 Total plan assets $ 36 $ 75 $ 3 $ 114 $ 34 $ 69 $ 3 $ 106 _____________________________ (1) Mutual funds categorized as debt securities consist of mutual funds for which debt securities are the primary underlying investment.
Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets	The following table summarizes the estimated cash flows for U.S. and foreign expected employer contributions and expected future benefit payments, both domestic and foreign (in millions): U.S. Foreign Expected employer contribution in 2023 $ 8 $ 10 Expected benefit payments for fiscal year ending: 2023 68 18 2024 69 16 2025 69 17 2026 69 19 2027 69 21 2028 - 2032 342 125
Scheduled Cash Flows For Employer Contributions And Expected Future Benefit Payments	The following table summarizes the estimated cash flows for U.S. and foreign expected employer contributions and expected future benefit payments, both domestic and foreign (in millions): U.S. Foreign Expected employer contribution in 2023 $ 8 $ 10 Expected benefit payments for fiscal year ending: 2023 68 18 2024 69 16 2025 69 17 2026 69 19 2027 69 21 2028 - 2032 342 125

Equity (Tables)

Equity (Tables)	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
Schedule of Net Income Attributable to Parent And Transfers To From Noncontrolling Interests [Text Block]	The following table summarizes the net income (loss) attributable to The AES Corporation and all transfers (to) from noncontrolling interests for the periods indicated (in millions): December 31, 2022 2021 2020 Net income (loss) attributable to The AES Corporation $ (546) $ (409) $ 46 Transfers from noncontrolling interest: Increase (decrease) in The AES Corporation's paid-in capital for sale of subsidiary shares 78 (7) 260 Increase (decrease) in The AES Corporation's paid-in-capital for purchase of subsidiary shares (78) (9) (89) Net transfers (to) from noncontrolling interest — (16) 171 Change from net income (loss) attributable to The AES Corporation and transfers (to) from noncontrolling interests $ (546) $ (425) $ 217
Components of Accumulated Other Comprehensive Income	The changes in AOCL by component, net of tax and noncontrolling interests, for the periods indicated were as follows (in millions): Foreign currency translation adjustment, net Derivative gains (losses), net Unfunded pension obligations, net Total Balance at December 31, 2020 $ (1,644) $ (699) $ (54) $ (2,397) Other comprehensive income (loss) before reclassifications (86) (7) 23 (70) Amount reclassified to earnings 3 254 1 258 Other comprehensive income (loss) (83) 247 24 188 Reclassification from NCI due to share sales and repurchases (7) (4) — (11) Balance at December 31, 2021 $ (1,734) $ (456) $ (30) $ (2,220) Other comprehensive income (loss) before reclassifications (37) 645 10 618 Amount reclassified to earnings — 44 — 44 Other comprehensive income (loss) (37) 689 10 662 Reclassification from NCI due to share sales and repurchases (57) (22) (3) (82) Balance at December 31, 2022 $ (1,828) $ 211 $ (23) $ (1,640)
Reclassification out of Accumulated Other Comprehensive Income	Reclassifications out of AOCL are presented in the following table. Amounts for the periods indicated are in millions and those in parenthesis indicate debits to the Consolidated Statements of Operations. Details About December 31, AOCL Components Affected Line Item in the Consolidated Statements of Operations 2022 2021 2020 Foreign currency translation adjustments, net Gain on disposal and sale of business interests $ — $ (3) $ (192) Net income attributable to The AES Corporation $ — $ (3) $ (192) Derivative gains (losses), net Non-regulated revenue $ (1) $ (1) $ (1) Non-regulated cost of sales (1) 1 (3) Interest expense (58) (85) (60) Gain on disposal and sale of business interests — (362) — Asset impairment expense (16) (13) (10) Foreign currency transaction gains (losses) 2 (15) (7) Income from continuing operations before taxes and equity in earnings of affiliates (74) (475) (81) Income tax benefit (expense) 9 105 17 Net equity in losses of affiliates 6 (17) (10) Income from continuing operations (59) (387) (74) Less: Net loss (income) attributable to noncontrolling interests and redeemable stock of subsidiaries 15 133 2 Net income attributable to The AES Corporation $ (44) $ (254) $ (72) Amortization of defined benefit pension actuarial losses, net Regulated cost of sales $ — $ — $ (1) Non-regulated cost of sales (1) (1) 1 Other expense (1) (3) — Income from continuing operations before taxes and equity in earnings of affiliates (2) (4) — Income tax expense 1 3 — Income from continuing operations (1) (1) — Less: Income from continuing operations attributable to noncontrolling interests and redeemable stock of subsidiaries 1 — — Net income attributable to The AES Corporation $ — $ (1) $ — Total reclassifications for the period, net of income tax and noncontrolling interests $ (44) $ (258) $ (264)

Segment and Geographic Inform_2

Segment and Geographic Information (Tables)	12 Months Ended
	Dec. 31, 2022
Segment Reporting Information [Line Items]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	The following tables present financial information by segment for the periods indicated (in millions): Total Revenue Year Ended December 31, 2022 2021 2020 US and Utilities SBU $ 5,013 $ 4,335 $ 3,918 South America SBU 3,539 3,541 3,159 MCAC SBU 2,868 2,157 1,766 Eurasia SBU 1,217 1,123 828 Corporate and Other 119 116 231 Eliminations (139) (131) (242) Total Revenue $ 12,617 $ 11,141 $ 9,660 Reconciliation from Income (Loss) from Continuing Operations before Taxes and Equity in Earnings of Affiliates: Total Adjusted PTC Year Ended December 31, 2022 2021 2020 Loss from continuing operations before taxes and equity in earnings of affiliates $ (169) $ (1,064) $ 488 Add: Net equity in losses of affiliates (71) (24) (123) Less: Income from continuing operations before taxes, attributable to noncontrolling interests and redeemable stock of subsidiaries (96) 644 (192) Pre-tax contribution (336) (444) 173 Unrealized derivative and equity securities losses (gains) 128 (1) 3 Unrealized foreign currency losses (gains) 42 14 (10) Disposition/acquisition losses 40 861 112 Impairment losses 1,658 1,153 928 Loss on extinguishment of debt 35 91 223 Net gains from early contract terminations at Angamos — (256) (182) Total Adjusted PTC $ 1,567 $ 1,418 $ 1,247 Total Adjusted PTC Year Ended December 31, 2022 2021 2020 US and Utilities SBU $ 570 $ 660 $ 505 South America SBU 573 423 534 MCAC SBU 559 314 287 Eurasia SBU 192 196 177 Corporate and Other (326) (182) (256) Eliminations (1) 7 — Total Adjusted PTC $ 1,567 $ 1,418 $ 1,247 Total Assets Depreciation and Amortization Capital Expenditures Year Ended December 31, 2022 2021 2020 2022 2021 2020 2022 2021 2020 US and Utilities SBU $ 20,531 $ 16,512 $ 14,464 $ 574 $ 549 $ 534 $ 3,352 $ 1,115 $ 1,099 South America SBU 9,423 7,728 11,329 267 273 294 1,071 833 650 MCAC SBU 4,760 4,545 4,847 155 155 164 127 143 183 Eurasia SBU 2,870 3,466 3,621 44 66 63 23 20 9 Corporate and Other 779 712 342 13 13 13 11 29 19 Total $ 38,363 $ 32,963 $ 34,603 $ 1,053 $ 1,056 $ 1,068 $ 4,584 $ 2,140 $ 1,960 Interest Income Interest Expense Year Ended December 31, 2022 2021 2020 2022 2021 2020 US and Utilities SBU $ 50 $ 28 $ 17 $ 359 $ 362 $ 371 South America SBU 177 100 64 342 239 237 MCAC SBU 8 7 14 150 139 157 Eurasia SBU 151 161 171 107 98 113 Corporate and Other 3 2 2 159 73 160 Total $ 389 $ 298 $ 268 $ 1,117 $ 911 $ 1,038 Investments in and Advances to Affiliates Net Equity in Earnings (Losses) of Affiliates Year Ended December 31, 2022 2021 2020 2022 2021 2020 US and Utilities SBU $ 453 $ 510 $ 568 $ 54 $ 83 $ (8) South America SBU 22 19 13 2 — (80) MCAC SBU 180 144 168 (14) (23) (11) Eurasia SBU 11 — 1 — 2 4 Corporate and Other 286 407 85 (113) (86) (28) Total $ 952 $ 1,080 $ 835 $ (71) $ (24) $ (123)
Revenue And PP&E By Country	The following table presents information, by country, about the Company's consolidated operations for each of the three years ended December 31, 2022, 2021, and 2020, and as of December 31, 2022 and 2021 (in millions). Revenue is recorded in the country in which it is earned and assets are recorded in the country in which they are located. Total Revenue Long-Lived Assets (1) Year Ended December 31, 2022 2021 2020 2022 2021 United States (2) $ 4,093 $ 3,531 $ 3,243 $ 13,833 $ 11,034 Non-U.S.: Chile 2,064 2,297 2,092 2,730 2,241 Dominican Republic 1,591 1,087 896 1,013 892 El Salvador 902 792 666 395 371 Bulgaria 790 700 444 487 1,020 Panama 678 595 519 1,880 1,907 Mexico 595 471 349 409 614 Brazil 560 471 401 1,811 1,215 Argentina 501 390 308 461 470 Colombia 417 383 358 308 349 Vietnam (3) 323 320 285 1 — Jordan 102 98 96 41 42 Other Non-U.S. 1 6 3 26 28 Total Non-U.S. 8,524 7,610 6,417 9,562 9,149 Total $ 12,617 $ 11,141 $ 9,660 $ 23,395 $ 20,183 _____________________________ (1) For purposes of this disclosure, long-lived assets implies hard assets that cannot be readily removed, and thus excludes intangibles. Long-lived assets disclosed above include amounts recorded in Property, plant and equipment, net and right-of-use assets for operating leases recorded in Other noncurrent assets on the Consolidated Balance Sheets. (2) Includes Puerto Rico revenues of $293 million, $311 million, and $298 million for the years ended December 31, 2022, 2021, and 2020, respectively, and long-lived assets of $96 million and $79 million as of December 31, 2022 and 2021, respectively. (3) The Mong Duong II power project is operated under a BOT contract. Future expected payments for the construction performance obligation are recognized in Loan receivable on the Consolidated Balance Sheets. See Note 20— Revenue for further information.

Share-Based Compensation (Table

Share-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Schedule of Share Based Compensation Summary of Financial Statement Components Restricted Stock Units Without Market Conditions	The following table summarizes the components of the Company's stock-based compensation related to its employee RSUs recognized in the Company's consolidated financial statements (in millions): December 31, 2022 2021 2020 RSU expense before income tax $ 16 $ 12 $ 10 Tax benefit (2) (2) (2) RSU expense, net of tax $ 14 $ 10 $ 8 Total value of RSUs converted (1) $ 8 $ 13 $ 11 Total fair value of RSUs vested $ 13 $ 10 $ 10 _____________________________ (1) Amount represents fair market value on the date of conversion.
Schedule of Share Based Compensation Restricted Stock Units Without Market Conditions Activity Table	A summary of the activity of RSUs for the year ended December 31, 2022 follows (RSUs in thousands): RSUs Weighted Average Grant Date Fair Values Weighted Average Remaining Vesting Term Nonvested at December 31, 2021 1,558 $ 24.14 Vested (576) 22.33 Forfeited and expired (102) 23.72 Granted 821 20.92 Nonvested at December 31, 2022 1,701 $ 23.22 1.97 Expected to vest at December 31, 2022 1,572 $ 23.25
Schedule of Share Based Compensation Restricted Stock Units Without Market Condition Vested And Converted	The following table summarizes the RSUs that vested and were converted during the periods indicated (RSUs in thousands): Year Ended December 31, 2022 2021 2020 RSUs vested during the year 576 634 806 RSUs converted during the year, net of shares withheld for taxes 380 452 547 Shares withheld for taxes 196 182 259

Redeemable Stock of Subsidiar_2

Redeemable Stock of Subsidiaries Redeemable Stock of Subsidiaries (Tables)	12 Months Ended
	Dec. 31, 2022
Temporary Equity Disclosure [Abstract]
Redeemable Noncontrolling Interest [Table Text Block]	The following table is a reconciliation of changes in redeemable stock of subsidiaries (in millions): December 31, 2022 2021 Balance at the beginning of the period $ 1,257 $ 872 Net loss (87) (6) Other comprehensive income 40 19 Adjustments to redemption value — 4 Distributions to holders of redeemable stock of subsidiaries (64) — Acquisitions and reclassification of redeemable stock of subsidiaries (60) (211) Contributions from holders of redeemable stock of subsidiaries 67 579 Sales of redeemable stock of subsidiaries 168 — Balance at the end of the period $ 1,321 $ 1,257 The following table summarizes the Company's redeemable stock of subsidiaries balances as of the periods indicated (in millions): December 31, 2022 2021 IPALCO common stock $ 782 $ 700 AES Clean Energy Development common stock 436 497 AES Clean Energy Development tax equity partnerships 86 — Potengi common and preferred stock 17 — AES Indiana preferred stock — 60 Total redeemable stock of subsidiaries $ 1,321 $ 1,257

Revenue (Tables)

Revenue (Tables)	12 Months Ended
	Dec. 31, 2022
Revenue [Abstract]
Disaggregation of Revenue [Table Text Block]	The following table presents our revenue from contracts with customers and other revenue for the periods indicated (in millions): Year Ended December 31, 2022 US and Utilities SBU South America SBU MCAC SBU Eurasia SBU Corporate, Other and Eliminations Total Regulated Revenue Revenue from contracts with customers $ 3,507 $ — $ — $ — $ — $ 3,507 Other regulated revenue 31 — — — — 31 Total regulated revenue 3,538 — — — — 3,538 Non-Regulated Revenue Revenue from contracts with customers 1,374 3,514 2,770 1,002 (21) 8,639 Other non-regulated revenue (1) 101 25 98 215 1 440 Total non-regulated revenue 1,475 3,539 2,868 1,217 (20) 9,079 Total revenue $ 5,013 $ 3,539 $ 2,868 $ 1,217 $ (20) $ 12,617 Year Ended December 31, 2021 US and Utilities SBU South America SBU MCAC SBU Eurasia SBU Corporate, Other and Eliminations Total Regulated Revenue Revenue from contracts with customers $ 2,831 $ — $ — $ — $ — $ 2,831 Other regulated revenue 37 — — — — 37 Total regulated revenue 2,868 — $ — — — 2,868 Non-Regulated Revenue Revenue from contracts with customers 1,132 3,531 2,057 881 (15) 7,586 Other non-regulated revenue (1) 335 10 100 242 — 687 Total non-regulated revenue 1,467 3,541 2,157 1,123 (15) 8,273 Total revenue $ 4,335 $ 3,541 $ 2,157 $ 1,123 $ (15) $ 11,141 Year Ended December 31, 2020 US and Utilities SBU South America SBU MCAC SBU Eurasia SBU Corporate, Other and Eliminations Total Regulated Revenue Revenue from contracts with customers $ 2,626 $ — $ — $ — $ — $ 2,626 Other regulated revenue 35 — — — — 35 Total regulated revenue 2,661 — — — — 2,661 Non-Regulated Revenue Revenue from contracts with customers 1,015 3,151 1,668 594 (10) 6,418 Other non-regulated revenue (1) 242 8 98 234 (1) 581 Total non-regulated revenue 1,257 3,159 1,766 828 (11) 6,999 Total revenue $ 3,918 $ 3,159 $ 1,766 $ 828 $ (11) $ 9,660 _____________________________ (1) Other non-regulated revenue primarily includes lease and derivative revenue not accounted for under ASC 606.

Other Income and Expenses (Tabl

Other Income and Expenses (Tables)	12 Months Ended
	Dec. 31, 2022
Other Income and Expenses [Abstract]
Schedule of Other Nonoperating Income (Expense)	The components are summarized as follows (in millions): Year Ended December 31, 2022 2021 2020 Other Income Gain on remeasurement of investment (1) $ 22 $ — $ — Insurance proceeds (2) 12 — — AFUDC (US Utilities) 10 8 5 Liquidated damages under a power sales agreement 10 — — Legal settlements (3) 6 53 — Gain on remeasurement to acquisition-date fair value (4) 5 254 — Non-service pension income 5 10 — Gain on acquired customer contracts 5 — — Gain on remeasurement of contingent consideration (5) 3 28 — Gain on sale of assets (6) — 24 46 Gain on pension curtailment — 11 — Other 24 22 24 Total other income $ 102 $ 410 $ 75 Other Expense Cost of disposition of business interests (7) $ 15 $ — $ — Loss on sale and disposal of assets 13 14 7 Legal contingencies and settlements 8 2 15 Loss on commencement of sales-type leases (8) 5 13 — Loss on sale of receivables (9) — 9 20 Other 27 22 11 Total other expense $ 68 $ 60 $ 53

Asset Impairment Expense (Table

Asset Impairment Expense (Tables)	12 Months Ended
	Dec. 31, 2022
Impairment or Disposal of Tangible Assets Disclosure [Abstract]
Details of Impairment of Long-Lived Assets Held and Used by Asset	Year ended December 31, (in millions) 2022 2021 2020 Maritza $ 468 $ — $ — TEG TEP 193 — — Jordan 76 — — Ventanas 3 & 4 — 649 — Puerto Rico — 475 — Angamos — 155 564 Buffalo Gap III — 91 — Buffalo Gap II — 73 — Mountain View I & II — 67 — Buffalo Gap I — 29 — Estrella del Mar I — 11 30 Ventanas 1 & 2 — — 213 Hawaii — — 38 Other 26 25 19 Total $ 763 $ 1,575 $ 864

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Income from Continuing Operations before taxes and equity in earnings of affiliates [Table Text Block]	The following table shows the income (loss) from continuing operations, before income taxes, net equity in earnings of affiliates and noncontrolling interests, for the periods indicated (in millions): December 31, 2022 2021 2020 U.S. $ 22 $ 622 $ (135) Non-U.S. (191) (1,686) 623 Total $ (169) $ (1,064) $ 488
Income Tax Expense On Continuing Operations	The following table summarizes the expense for income taxes on continuing operations for the periods indicated (in millions): December 31, 2022 2021 2020 Federal: Current $ 3 $ (2) $ (8) Deferred (18) 42 (17) State: Current 2 1 — Deferred 1 18 2 Foreign: Current 256 273 458 Deferred 21 (465) (219) Total $ 265 $ (133) $ 216
Reconciliation Of US Federal Income Tax Rates And AES Effective Tax Rate For The Current And Two Prior Years	The following table summarizes a reconciliation of the U.S. statutory federal income tax rate to the Company's effective tax rate as a percentage of income from continuing operations before taxes for the periods indicated: December 31, 2022 2021 2020 Statutory Federal tax rate 21 % 21 % 21 % State taxes, net of Federal tax benefit (1) % (6) % (6) % Taxes on foreign earnings (42) % (2) % 15 % Valuation allowance (10) % 7 % 16 % Uncertain tax positions 7 % 16 % — % Change in tax law — % (1) % 3 % U.S. Investment Tax Credit — % — % (8) % Alto Maipo deconsolidation — % (17) % — % Noncontrolling interest on Buffalo Gap impairments — % (3) % — % Nondeductible goodwill impairments (127) % — % — % Other—net (5) % (2) % 3 % Effective tax rate (157) % 13 % 44 %
Schedule Of Income Tax Payable And Receivable	The following table summarizes the income taxes receivable and payable as of the periods indicated (in millions): December 31, 2022 2021 Income taxes receivable—current $ 107 $ 184 Income taxes receivable—noncurrent 69 2 Total income taxes receivable $ 176 $ 186 Income taxes payable—current $ 104 $ 133 Income taxes payable—noncurrent — — Total income taxes payable $ 104 $ 133
Summary Of Deferred Tax Assets And Liabilities	The following table summarizes deferred tax assets and liabilities, as of the periods indicated (in millions): December 31, 2022 2021 Differences between book and tax basis of property $ (903) $ (961) Investment in U.S. tax partnerships (582) (629) Other taxable temporary differences (350) (418) Total deferred tax liability (1,835) (2,008) Operating loss carryforwards 1,129 979 Capital loss carryforwards 62 77 Bad debt and other book provisions 57 380 Tax credit carryforwards 62 68 Other deductible temporary differences 282 464 Total gross deferred tax asset 1,592 1,968 Less: Valuation allowance (577) (528) Total net deferred tax asset 1,015 1,440 Net deferred tax liability $ (820) $ (568)
Uncertain Tax Positions [Table Text Block]	The following table shows the total amount of gross accrued income taxes related to interest and penalties included in the Consolidated Balance Sheets for the periods indicated (in millions): December 31, 2022 2021 Interest related $ 2 $ 2 Penalties related — 1 The following table shows the expense/(benefit) related to interest and penalties on unrecognized tax benefits for the periods indicated (in millions): December 31, 2022 2021 2020 Total benefit for interest related to unrecognized tax benefits $ — $ 1 $ — Total expense for penalties related to unrecognized tax benefits — 1 —
Tax Years Potentially Subject To Examination And Jurisdictions	The following is a summary of tax years potentially subject to examination in the significant tax and business jurisdictions in which we operate: Jurisdiction Tax Years Subject to Examination Argentina 2016-2022 Brazil 2016-2022 Chile 2019-2022 Colombia 2016-2022 Dominican Republic 2019-2022 El Salvador 2019-2022 Netherlands 2016-2022 Panama 2019-2022 United Kingdom 2019-2022 United States (Federal) 2017-2022
Unrecognized Tax Benefits	The following is a reconciliation of the beginning and ending amounts of unrecognized tax benefits for the periods indicated (in millions): 2022 2021 2020 Balance at January 1 $ 122 $ 458 $ 465 Additions for current year tax positions 4 28 — Additions for tax positions of prior years — 14 3 Reductions for tax positions of prior years (16) — (6) Settlements (3) (377) — Lapse of statute of limitations — (1) (4) Balance at December 31 $ 107 $ 122 $ 458

Held-For-Sale Businesses and Di

Held-For-Sale Businesses and Dispositions Held-For-Sale Businesses and Dispositions (Tables)	12 Months Ended
	Dec. 31, 2022
Held-For-Sale Businesses and Dispositions [Abstract]
Disposal Groups, Including Discontinued Operations [Table Text Block]	The following table summarizes, excluding any impairment charge or gain/loss on sale, the pre-tax income attributable to AES of disposed businesses for the periods indicated (in millions): Year Ended December 31, 2021 2020 Alto Maipo $ 35 $ 11 Itabo 5 41 Estrella de Mar I — 5 Total $ 40 $ 57
Disclosure Of Pretax Income of Businesses Held For Sale	Excluding any impairment charges, pre-tax income attributable to AES of businesses held-for-sale as of December 31, 2022 was as follows (in millions): Year Ended December 31, 2022 2021 2020 Jordan (6) 21 20

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Earnings Per Share Basic And Diluted Table	The following table is a reconciliation of the numerator and denominator of the basic and diluted earnings per share computation for income from continuing operations for the years ended December 31, 2022, 2021 and 2020, where income represents the numerator and weighted-average shares represent the denominator. Year Ended December 31, 2022 2021 2020 (in millions, except per share data) Loss Shares $ per Share Loss Shares $ per Share Income Shares $ per Share BASIC EARNINGS (LOSS) PER SHARE Income (loss) from continuing operations attributable to The AES Corporation common stockholders $ (546) 668 $ (0.82) $ (413) 666 $ (0.62) $ 43 665 $ 0.06 EFFECT OF DILUTIVE SECURITIES Stock options — — — — — — — 1 — Restricted stock units — — — — — — — 2 — Equity units — — — — — — — — — DILUTED EARNINGS (LOSS) PER SHARE $ (546) 668 $ (0.82) $ (413) 666 $ (0.62) $ 43 668 $ 0.06

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	The Company's Consolidated Statements of Operations included the following transactions with related parties for the periods indicated (in millions): Years Ended December 31, 2022 2021 2020 Revenue—Non-Regulated $ 1,093 $ 1,159 $ 1,506 Cost of Sales—Non-Regulated 352 324 504 Interest income 10 12 20 Interest expense 95 88 131
Schedule of Related Party Receivables Payables	The following table summarizes the balance sheet accounts with related parties included in the Company's Consolidated Balance Sheets as of the periods indicated (in millions): December 31, 2022 2021 Receivables from related parties $ 484 $ 131 Accounts and notes payable to related parties (1) 1,264 1,421 Construction in progress 714 134

Selected Quarterly Financial _2

Selected Quarterly Financial Data (Tables)	12 Months Ended
	Dec. 31, 2022
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Information	Quarterly Financial Data — The following tables summarize the unaudited quarterly Condensed Consolidated Statements of Operations for the Company for 2022 and 2021 (amounts in millions, except per share data). Amounts have been restated to reflect discontinued operations in all periods presented and reflect all adjustments necessary in the opinion of management for a fair statement of the results for interim periods. Quarter Ended 2022 Mar 31 Jun 30 Sep 30 Dec 31 Revenue $ 2,852 $ 3,078 $ 3,627 $ 3,060 Operating margin 530 563 892 563 Income (loss) from continuing operations, net of tax (1) 171 (136) 446 (986) Net income (loss) attributable to The AES Corporation $ 115 $ (179) $ 421 $ (903) Basic earnings (loss) per share: Net income (loss) attributable to The AES Corporation common stockholders $ 0.17 $ (0.27) $ 0.63 $ (1.35) Diluted earnings (loss) per share: Net income (loss) attributable to The AES Corporation common stockholders $ 0.16 $ (0.27) $ 0.59 $ (1.35) Dividends declared per common share $ 0.16 $ — $ 0.16 $ 0.32 Quarter Ended 2021 Mar 31 Jun 30 Sep 30 Dec 31 Revenue $ 2,635 $ 2,700 $ 3,036 $ 2,770 Operating margin 664 728 760 559 Income (loss) from continuing operations, net of tax (2) (29) (81) 485 (1,330) Income from discontinued operations, net of tax — 4 — — Net income (loss) $ (29) $ (77) $ 485 $ (1,330) Net income (loss) attributable to The AES Corporation $ (148) $ 28 $ 343 $ (632) Basic earnings (loss) per share: Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax $ (0.22) $ 0.03 $ 0.52 $ (0.95) Income from discontinued operations attributable to The AES Corporation common stockholders, net of tax — 0.01 — — Net income (loss) attributable to The AES Corporation common stockholders $ (0.22) $ 0.04 $ 0.52 $ (0.95) Diluted earnings (loss) per share: Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax $ (0.22) $ 0.03 $ 0.48 $ (0.95) Income from discontinued operations attributable to The AES Corporation common stockholders, net of tax — 0.01 — — Net income (loss) attributable to The AES Corporation common stockholders $ (0.22) $ 0.04 $ 0.48 $ (0.95) Dividends declared per common share $ 0.15 $ — $ 0.15 $ 0.31 _____________________________ (1) Includes pre-tax impairment expense of $482 million, $50 million, and $230 million in the second, third, and fourth quarters of 2022, respectively (See Note 22— Asset Impairment Expense ), pre-tax goodwill impairment expense of $777 million in the fourth quarter of 2022 (See Note 9— Goodwill and Other Intangible Assets ), and other non-operating expense of $175 million in the fourth quarter of 2022 (See Note 8— Investments in and Advances to Equity Affiliates ). (2) Includes pre-tax impairment expense of $473 million, $872 million, and $201 million in the first, second, and fourth quarters of 2021, respectively (See Note 22— Asset Impairment Expense ), and pre-tax loss on sale of business interests of $1.8 billion, primarily due to the deconsolidation of Alto Maipo, in the fourth quarter of 2021 (See Note 24— Held-for-Sale and Dispositions ).

Schedule I - Condensed Financ_2

Schedule I - Condensed Financial Information of Parent (Tables)	12 Months Ended
	Dec. 31, 2022
Debt Details [Line Items]
Schedule of Recourse Debt Detail	The following table summarizes the carrying amount and terms of recourse debt of the Company as of the periods indicated (in millions): Interest Rate Final Maturity December 31, 2022 December 31, 2021 Senior Variable Rate Term Loan SOFR + 1.125% 2024 200 — Senior Unsecured Note 3.30% 2025 900 900 Drawings on revolving credit facility SOFR + 1.75% 2027 325 365 Senior Unsecured Note 1.375% 2026 800 800 Senior Unsecured Note 3.95% 2030 700 700 Senior Unsecured Note 2.45% 2031 1,000 1,000 Other (1) CDI + 7.00% 2022 — 25 Unamortized (discount) premium & debt issuance (costs), net (31) (36) Subtotal $ 3,894 $ 3,754 Less: Current maturities — (25) Noncurrent maturities $ 3,894 $ 3,729 _____________________________ (1) Represents project-level limited recourse debt at AES Holdings Brasil Ltda. December 31, Interest Rate Maturity 2022 2021 Senior Variable Rate Term Loan SOFR + 1.125% 2024 200 — Senior Unsecured Note 3.300% 2025 900 900 Drawings on revolving credit facility SOFR + 1.75% 2027 325 365 Senior Unsecured Note 1.375% 2026 800 800 Senior Unsecured Note 3.95% 2030 700 700 Senior Unsecured Note 2.45% 2031 1,000 1,000 Unamortized (discounts)/premiums & debt issuance (costs) (31) (36) Total $ 3,894 $ 3,729
Junior Subordinated Notes Payable	December 31, Interest Rate Maturity 2022 2021 Senior Variable Rate Term Loan SOFR + 1.125% 2024 200 — Senior Unsecured Note 3.300% 2025 900 900 Drawings on revolving credit facility SOFR + 1.75% 2027 325 365 Senior Unsecured Note 1.375% 2026 800 800 Senior Unsecured Note 3.95% 2030 700 700 Senior Unsecured Note 2.45% 2031 1,000 1,000 Unamortized (discounts)/premiums & debt issuance (costs) (31) (36) Total $ 3,894 $ 3,729
Future Maturities of Debt	The following table summarizes the principal amounts due under our recourse debt for the next five years and thereafter (in millions): December 31, Net Principal Amounts Due 2023 $ — 2024 200 2025 900 2026 800 2027 325 Thereafter 1,700 Unamortized (discount) premium & debt issuance (costs), net (31) Total recourse debt $ 3,894 December 31, Annual Maturities 2023 $ — 2024 200 2025 900 2026 800 2027 325 Thereafter 1,700 Unamortized (discount)/premium & debt issuance (costs), net (31) Total debt $ 3,894

General and Summary of Signif_4

General and Summary of Significant Accounting Policies (Finite Lived Intangible Assets) (Details)	12 Months Ended
	Dec. 31, 2022
Minimum
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	1 year
Maximum
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	50 years

General and Summary of Signif_5

General and Summary of Significant Accounting Policies New Accounting Pronouncements Adopted (Details) - USD ($) $ in Millions		3 Months Ended											12 Months Ended
	Jan. 01, 2020	Dec. 31, 2022		Sep. 30, 2022	Jun. 30, 2022		Mar. 31, 2022		Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, after Allowance for Credit Loss		$ 303							$ 57				$ 303	$ 57
Other assets	$ 1,605	2,979							2,188				2,979	2,188		$ 1,635
Operating Lease, Right-of-Use Asset		356							278				356	278
Revenues		3,060		$ 3,627	$ 3,078		$ 2,852		2,770	$ 3,036	$ 2,700	$ 2,635	12,617	11,141	$ 9,660
Cost of Goods and Services Sold													(10,069)	(8,430)	(6,967)
Gross Profit		563		892	563		530		559	760	728	664	2,548	2,711	2,693
Interest income													389	298	268
Other Assets, Current	800	1,533							897				1,533	897		802
Loan receivable, net of allowance of $26		1,051							0				1,051	0
Assets		38,363							32,963				38,363	32,963	34,603
Retained Earnings (Accumulated Deficit)	(731)	(1,635)							(1,089)				(1,635)	(1,089)		(692)
Cash and Cash Equivalents, at Carrying Value		1,374							943				1,374	943
Restricted Cash and Cash Equivalents, Current		536							304				536	304
Other Comprehensive Income (Loss), Effect of Change in Accounting Principle, Net of Taxes													748	292	(167)
Debt service reserves and other deposits		177							237				177	237
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents		2,087							1,484				2,087	1,484	1,827	1,572
Accumulated Other Comprehensive Income (Loss), Net of Tax		(1,640)							(2,220)				(1,640)	(2,220)	(2,397)
Stockholders' Equity Attributable to Noncontrolling Interest	2,217	2,067							1,769				2,067	1,769		$ 2,233
Liabilities and Equity		38,363							32,963				38,363	32,963
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest													(169)	(1,064)	488
Income (Loss) from Continuing Operations, net of Tax		(986)	[1]	446	(136)	[1]	171	[1]	(1,330)	485	(81)	(29)	(505)	(955)	149
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest									(1,330)	485	(77)	(29)	(505)	(951)	152
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION		(903)		$ 421	$ (179)		$ 115		(632)	$ 343	$ 28	$ (148)	(546)	(409)	46
Accrued and other liabilities		2,151							1,205				2,151	1,205
Other long-term liabilities		3,168							3,358				3,168	3,358
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value		1,384							476				1,384	476
Financing Receivable, before Allowance for Credit Loss		303							58				303	58
Accounts and Financing Receivable, Allowance for Credit Loss		83							63				83	63	62
Financing Receivable, Allowance for Credit Loss		0							1				0	1
Accounts Receivable, Allowance for Credit Loss, Current	20	5							5				5	5
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)													53	16
Accounts Receivable, Allowance for Credit Loss, Writeoff													(19)	(11)
Accounts Receivable, Allowance for Credit Loss, Recovery													0	0
Financing Receivable, Allowance for Credit Loss, Foreign Currency Translation													(14)	(4)
Adjustments to Additional Paid in Capital, Other													13
Loans and Leases Receivable, Allowance	32	26							26				26	26
Purchases under supplier financing arrangements													(1,042)	(91)	(72)
Repayments of obligations under supplier financing arrangements													432	35	96
Accounts payable		1,730							1,153				1,730	1,153
Leasing Arrangement
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loans and Leases Receivable, Allowance		1							2				1	2
Accounting Standards Update 2016-13 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accounts Receivable, before Allowance for Credit Loss, Current	1,500
Accounts Payable
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Purchases under supplier financing arrangements													662
Accounts Payable | Accounts Payable
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Purchases under supplier financing arrangements													296
Property, Plant and Equipment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating Lease, Right-of-Use Asset		1,319							2,423				1,319	2,423
Accumulated Amortization on PP&E [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating Lease, Right-of-Use Asset		139							765				139	765
Accounts Receivable
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accounts Receivable, Allowance for Credit Loss, Current		3							9				3	9	9
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)													10	9
Accounts Receivable, Allowance for Credit Loss, Writeoff													(19)	(11)
Accounts Receivable, Allowance for Credit Loss, Recovery													(3)	(2)
Financing Receivable, Allowance for Credit Loss, Foreign Currency Translation													0	0
Mong Duong Subsidiary [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accounts Receivable, Allowance for Credit Loss, Current		28							30				28	30	32
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)													0	0
Accounts Receivable, Allowance for Credit Loss, Writeoff													0	0
Accounts Receivable, Allowance for Credit Loss, Recovery													(2)	(2)
Financing Receivable, Allowance for Credit Loss, Foreign Currency Translation													0	0
Mong Duong Subsidiary [Member] | Accounting Standards Update 2016-13 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, before Allowance for Credit Loss	$ 1,400
Financing Receivable, Credit Loss Rate	2.40%
Accounts and Financing Receivable, Allowance for Credit Loss	$ 34
AES Argentina [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accounts Receivable, Allowance for Credit Loss, Current		30							23				30	23	20
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)													22	7
Accounts Receivable, Allowance for Credit Loss, Writeoff													0	0
Accounts Receivable, Allowance for Credit Loss, Recovery													(1)	0
Financing Receivable, Allowance for Credit Loss, Foreign Currency Translation													(14)	(4)
AES Argentina [Member] | Accounting Standards Update 2016-13 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Credit Loss Rate	41.20%
Financing Receivable, Allowance for Credit Loss	$ 29
Gener Subsidiary [Member] | Accounting Standards Update 2016-13 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, before Allowance for Credit Loss									33					33
Other Entity [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accounts Receivable, Allowance for Credit Loss, Current		2							1				2	1	1
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)													1	0
Accounts Receivable, Allowance for Credit Loss, Writeoff														0
Accounts Receivable, Allowance for Credit Loss, Recovery													0	0
Financing Receivable, Allowance for Credit Loss, Foreign Currency Translation													0	0
Debt Securities [Member] | Accounting Standards Update 2016-13 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	$ 326
ARGENTINA
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, after Allowance for Credit Loss		5							10				5	10
Revenues													501	390	$ 308
Financing Receivable, before Allowance for Credit Loss		5							11				5	11
Financing Receivable, Allowance for Credit Loss		$ 0							$ 1				$ 0	$ 1
[1] Includes pre-tax impairment expense of $482 million, $50 million, and $230 million in the second, third, and fourth quarters of 2022, respectively (See Note 22— Asset Impairment Expense ), pre-tax goodwill impairment expense of $777 million in the fourth quarter of 2022 (See Note 9— Goodwill and Other Intangible Assets ), and other non-operating expense of $175 million in the fourth quarter of 2022 (See Note 8— Investments in and Advances to Equity Affiliates ).

General and Summary of Signif_6

General and Summary of Significant Accounting Policies Change in Accounting Estimate (Details) - USD ($) $ in Millions		12 Months Ended
	Jan. 01, 2020	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Change in Accounting Estimate [Line Items]
Accounts receivable, net of allowance for doubtful accounts of $5 and $5, respectively	$ 1,479	$ 1,799	$ 1,418		$ 1,479
Other Assets, Current	(800)	(1,533)	(897)		(802)
Accounts and Financing Receivable, after Allowance for Credit Loss, Noncurrent	(1,319)				(1,351)
Other Assets, Noncurrent	(1,605)	(2,979)	(2,188)		(1,635)
Retained Earnings (Accumulated Deficit)	(731)	(1,635)	(1,089)		(692)
Stockholders' Equity Attributable to Noncontrolling Interest	2,217	2,067	1,769		2,233
Loans and Leases Receivable, Allowance	32	26	26
Accounts Receivable, Allowance for Credit Loss, Current	20	5	5
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)		53	16
Accounts Receivable, Allowance for Credit Loss, Writeoff		(19)	(11)
Accounts Receivable, Allowance for Credit Loss, Recovery		0	0
Financing Receivable, Allowance for Credit Loss, Foreign Currency Translation		(14)	(4)
Accounts and Financing Receivable, Allowance for Credit Loss		83	63	$ 62
Leasing Arrangement
Change in Accounting Estimate [Line Items]
Loans and Leases Receivable, Allowance		1	2
Other Current Assets [Member]
Change in Accounting Estimate [Line Items]
Deferred Income Tax Assets, Net	$ 165				$ 156
Accounts Receivable
Change in Accounting Estimate [Line Items]
Accounts Receivable, Allowance for Credit Loss, Current		3	9	9
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)		10	9
Accounts Receivable, Allowance for Credit Loss, Writeoff		(19)	(11)
Accounts Receivable, Allowance for Credit Loss, Recovery		(3)	(2)
Financing Receivable, Allowance for Credit Loss, Foreign Currency Translation		0	0
Mong Duong Subsidiary [Member]
Change in Accounting Estimate [Line Items]
Accounts Receivable, Allowance for Credit Loss, Current		28	30	32
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)		0	0
Accounts Receivable, Allowance for Credit Loss, Writeoff		0	0
Accounts Receivable, Allowance for Credit Loss, Recovery		(2)	(2)
Financing Receivable, Allowance for Credit Loss, Foreign Currency Translation		0	0
Other Entity [Member]
Change in Accounting Estimate [Line Items]
Accounts Receivable, Allowance for Credit Loss, Current		2	1	1
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)		1	0
Accounts Receivable, Allowance for Credit Loss, Writeoff			0
Accounts Receivable, Allowance for Credit Loss, Recovery		0	0
Financing Receivable, Allowance for Credit Loss, Foreign Currency Translation		0	0
AES Argentina [Member]
Change in Accounting Estimate [Line Items]
Accounts Receivable, Allowance for Credit Loss, Current		30	23	$ 20
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)		22	7
Accounts Receivable, Allowance for Credit Loss, Writeoff		0	0
Accounts Receivable, Allowance for Credit Loss, Recovery		(1)	0
Financing Receivable, Allowance for Credit Loss, Foreign Currency Translation		(14)	(4)
AES Southland [Domain]
Change in Accounting Estimate [Line Items]
Accounts Receivable, Allowance for Credit Loss, Current		20
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)		20
Accounts Receivable, Allowance for Credit Loss, Writeoff		0
Accounts Receivable, Allowance for Credit Loss, Recovery		0
Financing Receivable, Allowance for Credit Loss, Foreign Currency Translation		$ 0
Accounts Receivable, Allowance for Credit Loss			$ 0
Accounting Standards Update 2016-13 [Member] | Mong Duong Subsidiary [Member]
Change in Accounting Estimate [Line Items]
Financing Receivable, Credit Loss Rate	2.40%
Accounts and Financing Receivable, Allowance for Credit Loss	$ 34
Accounting Standards Update 2016-13 [Member] | AES Argentina [Member]
Change in Accounting Estimate [Line Items]
Financing Receivable, Credit Loss Rate	41.20%
Accounting Standards Update 2016-13 [Member]
Change in Accounting Estimate [Line Items]
Accounts receivable, net of allowance for doubtful accounts of $5 and $5, respectively	$ 0
Other Assets, Current	(2)
Deferred Income Tax Assets, Net	9
Accounts and Financing Receivable, after Allowance for Credit Loss, Noncurrent	(32)
Other Assets, Noncurrent	(30)
Retained Earnings (Accumulated Deficit)	(39)
Stockholders' Equity Attributable to Noncontrolling Interest	$ (16)

Inventory (Details)

Inventory (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Inventory Disclosure [Abstract]
Fuel and other raw materials	$ 733	$ 366
Spare parts and supplies	322	238
Total	$ 1,055	$ 604

Property, Plant and Equipment_2

Property, Plant and Equipment (Components of PP&E) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Electric generation, distribution assets and other	$ 26,599	$ 25,552
Accumulated depreciation	(8,651)	(8,486)
Property, Plant and Equipment, Net	17,948	17,066
Electric generation and distribution facilities
Property, Plant and Equipment [Line Items]
Electric generation, distribution assets and other	$ 24,135	22,909
Electric generation and distribution facilities | Minimum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	5 years
Electric generation and distribution facilities | Maximum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	39 years
Other buildings
Property, Plant and Equipment [Line Items]
Electric generation, distribution assets and other	$ 1,197	1,552
Other buildings | Minimum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Other buildings | Maximum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	51 years
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Electric generation, distribution assets and other	$ 348	356
Furniture and Fixtures [Member] | Minimum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Furniture and Fixtures [Member] | Maximum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	30 years
Other
Property, Plant and Equipment [Line Items]
Electric generation, distribution assets and other	$ 919	$ 735
Other | Minimum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	1 year
Other | Maximum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	40 years

Property, Plant and Equipment_3

Property, Plant and Equipment (Depreciation Expense, Software Amortization and Capitalized Interest) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 982	$ 972	$ 1,004
Interest capitalized during development and construction	224	$ 226	$ 307
Property plant and equipment, net of accumulated depreciation mortgaged, pledged or subject to liens	$ 9,000

Property, Plant and Equipment_4

Property, Plant and Equipment (Regulated and Non-Regulated Generation and Distribution PP&E) (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Electric generation, distribution assets and other	$ 26,599	$ 25,552
Accumulated depreciation	(8,651)	(8,486)
Net electric generation and distribution assets and other	17,948	17,066
Regulated Operation [Member]
Property, Plant and Equipment [Line Items]
Electric generation, distribution assets and other	9,709	9,151
Accumulated depreciation	(4,067)	(3,655)
Net electric generation and distribution assets and other	5,642	5,496
Unregulated Operation [Member]
Property, Plant and Equipment [Line Items]
Electric generation, distribution assets and other	16,890	16,401
Accumulated depreciation	(4,584)	(4,831)
Net electric generation and distribution assets and other	$ 12,306	$ 11,570

Asset Retirement Obligation (De

Asset Retirement Obligation (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]
Asset Retirement Obligation	$ 757	$ 606	$ 462
Asset Retirement Obligation, Liabilities Incurred	97	27
Asset Retirement Obligation, Assumed in Acquisition	15	96
Asset Retirement Obligation, Liabilities Settled	29	15
Asset Retirement Obligation, Accretion Expense	30	22
Asset Retirement Obligation, Revision of Estimate	35	13
Asset Retirement Obligation, Other	3	1
IPL Subsidiary [Member]
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]
Costs Incurred, Asset Retirement Obligation Incurred	27
Andes Chile Subsidiary
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]
Costs Incurred, Asset Retirement Obligation Incurred		36
AES Clean Energy
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]
Costs Incurred, Asset Retirement Obligation Incurred	27	$ 93
AES Southland [Domain]
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]
Costs Incurred, Asset Retirement Obligation Incurred	75
AES Brasil
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]
Costs Incurred, Asset Retirement Obligation Incurred	$ 16

Fair Value (Recurring Measureme

Fair Value (Recurring Measurements) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	$ 1,384	$ 476
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	474	384
Proceeds from Sale of Available-for-sale Securities, Equity			$ 582
Proceeds from Sale of Debt Securities, Available-for-sale	1,065	578
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	38	31
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	0	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	1,269	329
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	414	369
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	77	116
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	60	15
Derivative [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	645	233
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	474	384
Derivative [Member] | Commodity Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	406	44
Derivative [Member] | Interest rate derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	6	294
Derivative [Member] | Cross-currency derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	42	11
Derivative [Member] | Foreign currency derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	20	35
Derivative [Member] | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	0	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	0	0
Derivative [Member] | Level 1 | Commodity Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	0	0
Derivative [Member] | Level 1 | Interest rate derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	0	0
Derivative [Member] | Level 1 | Cross-currency derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	0	0
Derivative [Member] | Level 1 | Foreign currency derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	0	0
Derivative [Member] | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	568	117
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	414	369
Derivative [Member] | Level 2 | Commodity Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	346	37
Derivative [Member] | Level 2 | Interest rate derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	6	286
Derivative [Member] | Level 2 | Cross-currency derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	42	11
Derivative [Member] | Level 2 | Foreign currency derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	20	35
Derivative [Member] | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	77	116
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	60	15
Derivative [Member] | Level 3 | Commodity Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	60	7
Derivative [Member] | Level 3 | Interest rate derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	0	8
Derivative [Member] | Level 3 | Cross-currency derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	0	0
Derivative [Member] | Level 3 | Foreign currency derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	0	0
Other debt securities | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	0	0
Other debt securities | Available-for-sale Securities [Member] | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	0	0
Other debt securities | Available-for-sale Securities [Member] | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	0	0
Other debt securities | Available-for-sale Securities [Member] | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	0	0
Commodity Contract [Member] | Derivative [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	245	38
Commodity Contract [Member] | Derivative [Member] | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	0	0
Commodity Contract [Member] | Derivative [Member] | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	232	32
Commodity Contract [Member] | Derivative [Member] | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	13	6
Certificates of Deposit [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	698	199
Certificates of Deposit [Member] | Available-for-sale Securities [Member] | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	0	0
Certificates of Deposit [Member] | Available-for-sale Securities [Member] | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	698	199
Certificates of Deposit [Member] | Available-for-sale Securities [Member] | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	0	0
Certificates of Deposit [Member] | US Government Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	3	0
Certificates of Deposit [Member] | US Government Debt Securities | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	0	0
Certificates of Deposit [Member] | US Government Debt Securities | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	3	0
Certificates of Deposit [Member] | US Government Debt Securities | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	0	0
Debt securities | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	701	199
Debt securities | Available-for-sale Securities [Member] | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	0	0
Debt securities | Available-for-sale Securities [Member] | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	701	199
Debt securities | Available-for-sale Securities [Member] | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	0	0
Mutual Fund [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	38
Mutual Fund [Member] | Available-for-sale Securities [Member] | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	38
Mutual Fund [Member] | Available-for-sale Securities [Member] | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	0
Mutual Fund [Member] | Available-for-sale Securities [Member] | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	0
Equity Funds [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value		44
Equity Funds [Member] | Available-for-sale Securities [Member] | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value		31
Equity Funds [Member] | Available-for-sale Securities [Member] | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value		13
Equity Funds [Member] | Available-for-sale Securities [Member] | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value		0
Equity securities | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	38	44
Equity securities | Available-for-sale Securities [Member] | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	38	31
Equity securities | Available-for-sale Securities [Member] | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	0	13
Equity securities | Available-for-sale Securities [Member] | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	0	0
Foreign currency derivatives | Derivative [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	86	137
Foreign currency derivatives | Derivative [Member] | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	0	0
Foreign currency derivatives | Derivative [Member] | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	22	29
Foreign currency derivatives | Derivative [Member] | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	64	108
Cross-currency derivatives | Derivative [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	0	5
Cross-currency derivatives | Derivative [Member] | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	0	0
Cross-currency derivatives | Derivative [Member] | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	0	5
Cross-currency derivatives | Derivative [Member] | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	0	0
Interest rate derivatives | Derivative [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	314	53
Interest rate derivatives | Derivative [Member] | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	0	0
Interest rate derivatives | Derivative [Member] | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	314	51
Interest rate derivatives | Derivative [Member] | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	$ 0	$ 2

Fair Value (Level 3 Reconciliat

Fair Value (Level 3 Reconciliation) (Details)	12 Months Ended
	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets Liabilities Value	$ 17,000,000
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Gain (Loss) Included in Earnings		$ 5,000,000
Included in regulatory (assets) liabilities	8,000,000	1,000,000
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Settlements	12,000,000	(190,000,000)
Fair Value, Net Derivative Liability Measured on Recurring Basis, Unobservable Inputs Reconciliation, Transfers into Level 3	1,000,000	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3		9,000,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Liability, Transfers out of Level 3	(12,000,000)
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs	17,000,000	101,000,000	$ (90,000,000)
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Period Increase (Decrease)	(26,000,000)	(29,000,000)
Designated as Hedging Instrument | Level 3
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Gain (Loss) Included in Earnings	22,000,000
Commodity Contract [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Gain (Loss) Included in Earnings		(1,000,000)
Included in regulatory (assets) liabilities	8,000,000	1,000,000
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Settlements	2,000,000	(1,000,000)
Fair Value, Net Derivative Liability Measured on Recurring Basis, Unobservable Inputs Reconciliation, Transfers into Level 3	0	3,000,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3		0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Liability, Transfers out of Level 3	2,000,000
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs	(47,000,000)	(1,000,000)	2,000,000
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Period Increase (Decrease)	5,000,000	0
Commodity Contract [Member] | Level 3
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Gain (Loss) Included in Earnings	0
Foreign Exchange Contract [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Gain (Loss) Included in Earnings		(7,000,000)
Included in regulatory (assets) liabilities	0	0
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Settlements	(12,000,000)	(28,000,000)
Fair Value, Net Derivative Liability Measured on Recurring Basis, Unobservable Inputs Reconciliation, Transfers into Level 3	0	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3		0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Liability, Transfers out of Level 3	0
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs	64,000,000	108,000,000	146,000,000
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Period Increase (Decrease)	(34,000,000)	(35,000,000)
Foreign Exchange Contract [Member] | Level 3
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Gain (Loss) Included in Earnings	(26,000,000)
Interest Rate Contract
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Gain (Loss) Included in Earnings		13,000,000
Included in regulatory (assets) liabilities	0	0
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Settlements	(2,000,000)	216,000,000
Fair Value, Net Derivative Liability Measured on Recurring Basis, Unobservable Inputs Reconciliation, Transfers into Level 3	1,000,000	3,000,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3		0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Liability, Transfers out of Level 3	10,000,000
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs	0	(6,000,000)	(236,000,000)
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Period Increase (Decrease)	3,000,000	2,000,000
Interest Rate Contract | Level 3
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Gain (Loss) Included in Earnings	4,000,000
Cross Currency Interest Rate Contract [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Gain (Loss) Included in Earnings		(10,000,000)
Included in regulatory (assets) liabilities	0	0
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Settlements	0	3,000,000
Fair Value, Net Derivative Liability Measured on Recurring Basis, Unobservable Inputs Reconciliation, Transfers into Level 3	0	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3		9,000,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Liability, Transfers out of Level 3	0
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs	0	0	$ (2,000,000)
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Period Increase (Decrease)	0	4,000,000
Cross Currency Interest Rate Contract [Member] | Level 3
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Gain (Loss) Included in Earnings	0
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Gain (Loss) Included in Other Comprehensive Income (Loss)	0
Other Contract
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs	12,000,000
Commodity Option
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs	(59,000,000)
Commodity Option | Weighted Average [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs	34.71
Commodity Option | Minimum
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs	7.06
Commodity Option | Maximum
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs	64.78
Other comprehensive income - Derivative activity [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Gain (Loss) Included in Other Comprehensive Income (Loss)		4,000,000
Other comprehensive income - Derivative activity [Member] | Designated as Hedging Instrument | Level 3
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Gain (Loss) Included in Other Comprehensive Income (Loss)	45,000,000
Other comprehensive income - Derivative activity [Member] | Commodity Contract [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Gain (Loss) Included in Other Comprehensive Income (Loss)		(5,000,000)
Other comprehensive income - Derivative activity [Member] | Commodity Contract [Member] | Level 3
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Gain (Loss) Included in Other Comprehensive Income (Loss)	(54,000,000)
Other comprehensive income - Derivative activity [Member] | Foreign Exchange Contract [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Gain (Loss) Included in Other Comprehensive Income (Loss)		(3,000,000)
Other comprehensive income - Derivative activity [Member] | Foreign Exchange Contract [Member] | Level 3
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Gain (Loss) Included in Other Comprehensive Income (Loss)	(6,000,000)
Other comprehensive income - Derivative activity [Member] | Interest Rate Contract
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Gain (Loss) Included in Other Comprehensive Income (Loss)		4,000,000
Other comprehensive income - Derivative activity [Member] | Interest Rate Contract | Level 3
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Gain (Loss) Included in Other Comprehensive Income (Loss)	$ 15,000,000
Other comprehensive income - Derivative activity [Member] | Cross Currency Interest Rate Contract [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Gain (Loss) Included in Other Comprehensive Income (Loss)		$ 0
Argentina, Pesos | Foreign Exchange Contract [Member] | Weighted Average [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Derivative, Forward Exchange Rate	547
Argentina, Pesos | Foreign Exchange Contract [Member] | Minimum
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Derivative, Forward Exchange Rate	323
Argentina, Pesos | Foreign Exchange Contract [Member] | Maximum
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Derivative, Forward Exchange Rate	742

Fair Value (Quantitative Inform

Fair Value (Quantitative Information) (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Fair Value Inputs Quantitative Information [Line Items]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs	$ 17	$ 101	$ (90)
Foreign Exchange Contract [Member]
Fair Value Inputs Quantitative Information [Line Items]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs	64	108	146
Interest Rate Contract
Fair Value Inputs Quantitative Information [Line Items]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs	0	(6)	(236)
Cross Currency Interest Rate Contract [Member]
Fair Value Inputs Quantitative Information [Line Items]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs	0	0	(2)
Commodity Contract [Member]
Fair Value Inputs Quantitative Information [Line Items]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs	$ (47)	$ (1)	$ 2

Fair Value (Nonrecurring Measur

Fair Value (Nonrecurring Measurements) (Details) - USD ($)

3 Months Ended

12 Months Ended

Dec. 31, 2022

Sep. 30, 2022

Jun. 30, 2022

Dec. 31, 2021

Jun. 30, 2021

Mar. 31, 2021

Dec. 31, 2022

Dec. 31, 2021

Dec. 31, 2020

Mar. 31, 2022

Sep. 30, 2021

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Other Asset Impairment Charges

$ 230,000,000

$ 50,000,000

$ 482,000,000

$ 201,000,000

$ 872,000,000

$ 473,000,000

$ 763,000,000

$ 1,575,000,000

$ 864,000,000

Goodwill impairment expense

777,000,000

777,000,000

0

0

Other non-operating expense

175,000,000

175,000,000

0

$ 202,000,000

AES PR

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

$ 73,000,000

sPower [Member]

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Equity Method Investment, Other than Temporary Impairment

175,000,000

AES Jordan

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Selling Expense

5,000,000

Estimate of Fair Value Measurement [Member] | Level 3

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

1,195,000,000

1,195,000,000

Equity Method Investments [Member] | sPower [Member]

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Other Asset Impairment Charges

175,000,000

Assets Carrying Amount Disclosure Nonrecurring

607,000,000

607,000,000

Equity Method Investments [Member] | sPower [Member] | Level 3

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

432,000,000

432,000,000

Equity Method Investments [Member] | Estimate of Fair Value Measurement [Member] | sPower [Member] | Level 1

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

Equity Method Investments [Member] | Estimate of Fair Value Measurement [Member] | sPower [Member] | Level 2

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

0

Equity Method Investments [Member] | Estimate of Fair Value Measurement [Member] | sPower [Member] | Level 3

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

432,000,000

432,000,000

Long Lived Assets Held And Used [Member] | Buffalo Gap [Member]

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Other Asset Impairment Charges

29,000,000

Long Lived Assets Held And Used [Member] | Kilroot and Ballylumford [Member]

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Other Asset Impairment Charges

11,000,000

Long Lived Assets Held And Used [Member] | buffalo gap II [Member] [Member]

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Other Asset Impairment Charges

73,000,000

Long Lived Assets Held And Used [Member] | AES Hawaii

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Other Asset Impairment Charges

155,000,000

Long Lived Assets Held And Used [Member] | Angamos [Member]

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Other Asset Impairment Charges

475,000,000

Long Lived Assets Held And Used [Member] | buffalo gap III

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Other Asset Impairment Charges

91,000,000

Long Lived Assets Held And Used [Member] | Ventanas 1 & 2

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Other Asset Impairment Charges

649,000,000

Long Lived Assets Held And Used [Member] | AES PR

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Other Asset Impairment Charges

468,000,000

Long Lived Assets Held And Used [Member] | Mountain View Power Partners

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Other Asset Impairment Charges

193,000,000

67,000,000

Long Lived Assets Held And Used [Member] | Alto Maipo

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Other Asset Impairment Charges

0

Long Lived Assets Held And Used [Member] | Reported Value Measurement [Member] | Buffalo Gap [Member]

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

29,000,000

29,000,000

Long Lived Assets Held And Used [Member] | Reported Value Measurement [Member] | buffalo gap II [Member] [Member]

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

73,000,000

73,000,000

Long Lived Assets Held And Used [Member] | Reported Value Measurement [Member] | AES Hawaii

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

241,000,000

241,000,000

Long Lived Assets Held And Used [Member] | Reported Value Measurement [Member] | Angamos [Member]

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

[1]

548,000,000

548,000,000

Long Lived Assets Held And Used [Member] | Reported Value Measurement [Member] | buffalo gap III

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

91,000,000

91,000,000

Long Lived Assets Held And Used [Member] | Reported Value Measurement [Member] | Ventanas 1 & 2

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

661,000,000

661,000,000

Long Lived Assets Held And Used [Member] | Reported Value Measurement [Member] | Mountain View Power Partners

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

78,000,000

78,000,000

Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Buffalo Gap [Member] | Level 1

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

$ 0

Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Buffalo Gap [Member] | Level 2

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Buffalo Gap [Member] | Level 3

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

0

0

0

Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | buffalo gap II [Member] [Member] | Level 1

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | buffalo gap II [Member] [Member] | Level 2

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | buffalo gap II [Member] [Member] | Level 3

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

0

Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | AES Hawaii | Level 1

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | AES Hawaii | Level 2

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | AES Hawaii | Level 3

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

86,000,000

86,000,000

Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Angamos [Member] | Level 1

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Angamos [Member] | Level 2

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Angamos [Member] | Level 3

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

311,000,000

86,000,000

73,000,000

311,000,000

73,000,000

306,000,000

Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | buffalo gap III | Level 1

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | buffalo gap III | Level 2

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | buffalo gap III | Level 3

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

0

Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Ventanas 1 & 2 | Level 1

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Ventanas 1 & 2 | Level 2

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Ventanas 1 & 2 | Level 3

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

12,000,000

12,000,000

Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Mountain View Power Partners

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

504,000,000

Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Mountain View Power Partners | Level 1

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

0

Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Mountain View Power Partners | Level 2

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

$ 0

Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Mountain View Power Partners | Level 3

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

$ 311,000,000

11,000,000

11,000,000

Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Ventanas 3 & 4 | Level 3

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

12,000,000

Long Lived Assets Held For Sale [Member] | AES Panama

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Other Asset Impairment Charges

51,000,000

Assets Carrying Amount Disclosure Nonrecurring

216,000,000

Long Lived Assets Held For Sale [Member] | Alto Maipo

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Other Asset Impairment Charges

25,000,000

Assets Carrying Amount Disclosure Nonrecurring

190,000,000

190,000,000

Long Lived Assets Held For Sale [Member] | Estimate of Fair Value Measurement [Member] | AES Panama | Level 1

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

Long Lived Assets Held For Sale [Member] | Estimate of Fair Value Measurement [Member] | AES Panama | Level 2

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

170,000,000

Long Lived Assets Held For Sale [Member] | Estimate of Fair Value Measurement [Member] | AES Panama | Level 3

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

Long Lived Assets Held For Sale [Member] | Estimate of Fair Value Measurement [Member] | Alto Maipo | Level 1

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

Long Lived Assets Held For Sale [Member] | Estimate of Fair Value Measurement [Member] | Alto Maipo | Level 2

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

170,000,000

Long Lived Assets Held For Sale [Member] | Estimate of Fair Value Measurement [Member] | Alto Maipo | Level 3

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

Goodwill [Member] | AES Andes

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Other Asset Impairment Charges

644,000,000

Assets Carrying Amount Disclosure Nonrecurring

644,000,000

644,000,000

Goodwill [Member] | AES El Salvador

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Other Asset Impairment Charges

133,000,000

Assets Carrying Amount Disclosure Nonrecurring

133,000,000

133,000,000

Goodwill [Member] | Estimate of Fair Value Measurement [Member] | AES Andes | Level 1

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

0

Goodwill [Member] | Estimate of Fair Value Measurement [Member] | AES Andes | Level 2

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

0

Goodwill [Member] | Estimate of Fair Value Measurement [Member] | AES Andes | Level 3

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

0

Goodwill [Member] | Estimate of Fair Value Measurement [Member] | AES El Salvador | Level 1

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

$ 0

Goodwill [Member] | Estimate of Fair Value Measurement [Member] | AES El Salvador | Level 2

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

0

Goodwill [Member] | Estimate of Fair Value Measurement [Member] | AES El Salvador | Level 3

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

0

Fair Value, Nonrecurring [Member] | Long Lived Assets Held And Used [Member] | Reported Value Measurement [Member] | Kilroot and Ballylumford [Member]

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

[1]

17,000,000

17,000,000

Fair Value, Nonrecurring [Member] | Long Lived Assets Held And Used [Member] | Reported Value Measurement [Member] | AES PR

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

[1]

920,000,000

Fair Value, Nonrecurring [Member] | Long Lived Assets Held And Used [Member] | Reported Value Measurement [Member] | Alto Maipo

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

2,339,000,000

2,339,000,000

Fair Value, Nonrecurring [Member] | Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Kilroot and Ballylumford [Member] | Level 1

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

0

Fair Value, Nonrecurring [Member] | Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Kilroot and Ballylumford [Member] | Level 2

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

6,000,000

6,000,000

Fair Value, Nonrecurring [Member] | Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Kilroot and Ballylumford [Member] | Level 3

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

0

Fair Value, Nonrecurring [Member] | Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | AES PR | Level 1

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

Fair Value, Nonrecurring [Member] | Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | AES PR | Level 2

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

Fair Value, Nonrecurring [Member] | Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | AES PR | Level 3

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

$ 452,000,000

Fair Value, Nonrecurring [Member] | Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Alto Maipo | Level 1

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

$ 0

$ 0

Fair Value, Nonrecurring [Member] | Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Alto Maipo | Level 2

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

0

0

Fair Value, Nonrecurring [Member] | Long Lived Assets Held And Used [Member] | Estimate of Fair Value Measurement [Member] | Alto Maipo | Level 3

Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]

Assets Carrying Amount Disclosure Nonrecurring

$ 2,043,000,000

$ 2,043,000,000

[1]Represents the carrying values at the dates of initial measurement, before fair value adjustment. (2) See Note 22— Asset Impairment Expense for further information. (3) See Note 24 — Held-for-Sale and Dispositions for further information. (4) The pre-tax loss recognized was calculated using the $170 million fair value of the Jordan disposal group less cost to sell of $5 million. (5) See Note 9— Goodwill and Other Intangible Assets for further information. (6) See Note 8— Investments in and Advances to Affiliates for further information. (7) Fair value measurement performed for purposes of allocating $224 million of goodwill to the carrying amount of Alto Maipo in determining the loss on disposal. The goodwill allocation was determined based on the relative fair value of Alto Maipo, which was included in the AES Andes reporting unit. Note that the pre-tax loss column excludes the loss on disposal as this fair value measurement is only one component of such loss. See Note 24 — Held-for-Sale and Dispositions for further information.

Fair Value (Nonrecurring Unobse

Fair Value (Nonrecurring Unobservable Inputs) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021
Fair Value | Level 3
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Assets Carrying Amount Disclosure Nonrecurring	$ 1,195
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Assets Liabilities Value	17
AES PR
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Assets Carrying Amount Disclosure Nonrecurring				$ 73
Long Lived Assets Held For Sale [Member] | Fair Value | Level 3 | AES Panama
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Assets Carrying Amount Disclosure Nonrecurring		$ 0
Long Lived Assets Held For Sale [Member] | Fair Value | Level 3 | Alto Maipo
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Assets Carrying Amount Disclosure Nonrecurring		0
Long Lived Assets Held For Sale [Member] | AES Panama
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Assets Carrying Amount Disclosure Nonrecurring		216
Long Lived Assets Held For Sale [Member] | Alto Maipo
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Assets Carrying Amount Disclosure Nonrecurring	190
Long Lived Assets Held And Used [Member] | Fair Value | Mountain View Power Partners
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Assets Carrying Amount Disclosure Nonrecurring			$ 504
Long Lived Assets Held And Used [Member] | Fair Value | Level 3 | Buffalo Gap [Member]
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Assets Carrying Amount Disclosure Nonrecurring	0				$ 0
Long Lived Assets Held And Used [Member] | Fair Value | Level 3 | buffalo gap II [Member] [Member]
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Assets Carrying Amount Disclosure Nonrecurring					0
Long Lived Assets Held And Used [Member] | Fair Value | Level 3 | Mountain View Power Partners
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Assets Carrying Amount Disclosure Nonrecurring			$ 311		11
Long Lived Assets Held And Used [Member] | Fair Value | Level 3 | Angamos [Member]
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Assets Carrying Amount Disclosure Nonrecurring	311	86			73	$ 306
Long Lived Assets Held And Used [Member] | Fair Value | Level 3 | Ventanas 3 & 4
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Assets Carrying Amount Disclosure Nonrecurring		$ 12
Long Lived Assets Held And Used [Member] | Fair Value | Level 3 | buffalo gap III
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Assets Carrying Amount Disclosure Nonrecurring					$ 0
Long Lived Assets Held And Used [Member] | Fair Value | Level 3 | AES Bulgaria
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Assets Carrying Amount Disclosure Nonrecurring						$ 452
Long Lived Assets Held And Used [Member] | Level 3 | Hawaii Subsidiary [Member]
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Assets Carrying Amount Disclosure Nonrecurring	452
Equity Method Investments [Member] | Fair Value | Level 3 | sPower [Member]
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Assets Carrying Amount Disclosure Nonrecurring	432
Equity Method Investments [Member] | sPower [Member]
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Assets Carrying Amount Disclosure Nonrecurring	607
Equity Method Investments [Member] | Level 3 | sPower [Member]
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Assets Carrying Amount Disclosure Nonrecurring	$ 432
Measurement Input, Long-term Revenue Growth Rate [Member] | Valuation, Income Approach [Member] | Minimum | TEG TEP
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Fair Value Measurement Inputs, Nonrecurring	(15.00%)
Measurement Input, Long-term Revenue Growth Rate [Member] | Valuation, Income Approach [Member] | Minimum | AES Bulgaria
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Fair Value Measurement Inputs, Nonrecurring	(66.00%)
Measurement Input, Long-term Revenue Growth Rate [Member] | Valuation, Income Approach [Member] | Maximum | TEG TEP
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Fair Value Measurement Inputs, Nonrecurring	2%
Measurement Input, Long-term Revenue Growth Rate [Member] | Valuation, Income Approach [Member] | Maximum | AES Bulgaria
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Fair Value Measurement Inputs, Nonrecurring	11%
Measurement Input, Long-term Revenue Growth Rate [Member] | Valuation, Income Approach [Member] | Weighted Average | TEG TEP
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Fair Value Measurement Inputs, Nonrecurring	0%
Measurement Input, Long-term Revenue Growth Rate [Member] | Valuation, Income Approach [Member] | Weighted Average | AES Bulgaria
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Fair Value Measurement Inputs, Nonrecurring	(11.00%)
Measurement Input, Operating Margin [Member] | Valuation, Income Approach [Member] | Minimum | TEG TEP
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Fair Value Measurement Inputs, Nonrecurring	36%
Measurement Input, Operating Margin [Member] | Valuation, Income Approach [Member] | Minimum | AES Bulgaria
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Fair Value Measurement Inputs, Nonrecurring	(66.00%)
Measurement Input, Operating Margin [Member] | Valuation, Income Approach [Member] | Maximum | TEG TEP
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Fair Value Measurement Inputs, Nonrecurring	43%
Measurement Input, Operating Margin [Member] | Valuation, Income Approach [Member] | Maximum | AES Bulgaria
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Fair Value Measurement Inputs, Nonrecurring	23%
Measurement Input, Operating Margin [Member] | Valuation, Income Approach [Member] | Weighted Average | TEG TEP
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Fair Value Measurement Inputs, Nonrecurring	37%
Measurement Input, Operating Margin [Member] | Valuation, Income Approach [Member] | Weighted Average | AES Bulgaria
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Fair Value Measurement Inputs, Nonrecurring	(1.00%)
Measurement Input, Discount Rate [Member] | Valuation, Income Approach [Member] | Minimum | TEG TEP
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Fair Value Measurement Inputs, Nonrecurring	13%
Measurement Input, Discount Rate [Member] | Valuation, Income Approach [Member] | Minimum | AES Bulgaria
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Fair Value Measurement Inputs, Nonrecurring	20%
Measurement Input, Discount Rate [Member] | Valuation, Income Approach [Member] | Maximum | sPower [Member]
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Fair Value Measurement Inputs, Nonrecurring	7%
Measurement Input, Discount Rate [Member] | Valuation, Income Approach [Member] | Maximum | TEG TEP
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Fair Value Measurement Inputs, Nonrecurring	20%
Measurement Input, Discount Rate [Member] | Valuation, Income Approach [Member] | Maximum | AES Bulgaria
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Fair Value Measurement Inputs, Nonrecurring	25%
Measurement Input, Discount Rate [Member] | Valuation, Income Approach [Member] | Weighted Average | TEG TEP
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Fair Value Measurement Inputs, Nonrecurring	15%
Measurement Input, Discount Rate [Member] | Valuation, Income Approach [Member] | Weighted Average | AES Bulgaria
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Fair Value Measurement Inputs, Nonrecurring	21%
Measurement Input, Expected Dividend Rate | Valuation, Income Approach [Member] | Long Lived Assets Held And Used [Member] | Minimum | sPower [Member]
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Fair Value Measurement Inputs, Nonrecurring	(36.00%)
Measurement Input, Expected Dividend Rate | Valuation, Income Approach [Member] | Long Lived Assets Held And Used [Member] | Maximum | sPower [Member]
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Fair Value Measurement Inputs, Nonrecurring	41%
Measurement Input, Expected Dividend Rate | Valuation, Income Approach [Member] | Long Lived Assets Held And Used [Member] | Weighted Average | sPower [Member]
Fair Value Assets Measured On Nonrecurring Basis Unobservable Inputs [Line Items]
Fair Value Measurement Inputs, Nonrecurring	2%

Fair Value (Instruments Not Mea

Fair Value (Instruments Not Measured at Fair Value) (Details) - USD ($) $ in Millions		Dec. 31, 2022	Dec. 31, 2021
ASSETS
Non Recourse Debt Non Current		$ 17,846	$ 13,603
Liabilities [Abstract]
Recourse debt		3,894	3,754
Carrying Amount
ASSETS
Accounts receivable - noncurrent	[1]	301	55
Non Recourse Debt Non Current		19,429	14,811
Liabilities [Abstract]
Recourse debt		3,894	3,754
Fair Value
ASSETS
Accounts receivable - noncurrent	[1]	340	117
Non Recourse Debt Non Current		18,527	16,091
Liabilities [Abstract]
Recourse debt		3,505	3,818
Value added tax			2
Fair Value | Level 1
ASSETS
Accounts receivable - noncurrent		0	0
Non Recourse Debt Non Current		0	0
Liabilities [Abstract]
Recourse debt		0	0
Fair Value | Level 2
ASSETS
Accounts receivable - noncurrent		0	0
Non Recourse Debt Non Current		17,089	16,065
Liabilities [Abstract]
Recourse debt		3,505	3,818
Fair Value | Level 3
ASSETS
Accounts receivable - noncurrent	[1]	340	117
Non Recourse Debt Non Current		1,438	26
Liabilities [Abstract]
Recourse debt		$ 0	$ 0
[1] These amounts primarily relate to amounts due from CAMMESA, the administrator of the wholesale electricity market in Argentina, and amounts impacted by the Stabilization Fund enacted by the Chilean government, and are included in Other noncurrent assets

Derivative Instruments and He_3

Derivative Instruments and Hedging Activities (Outstanding Derivative Notionals and Terms by Type) (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Derivative [Line Items]
Derivative Liability, Noncurrent	$ 306,000,000	$ 301,000,000
Derivative Asset, Noncurrent	374,000,000	$ 148,000,000
Derivative, notional amount	1,300,000,000
Libor and Euribor [Member] | Interest Rate Contract
Derivative [Line Items]
Derivative, notional amount	6,040,000,000
Unidad de Fomento (funds code) | Cross Currency Interest Rate Contract [Member]
Derivative [Line Items]
Derivative, notional amount	293,000,000
Argentina, Pesos | Foreign Exchange Contract [Member]
Derivative [Line Items]
Derivative, notional amount	5,000,000
Chilean Peso CLP [Member] | Foreign Exchange Contract [Member]
Derivative [Line Items]
Derivative, notional amount	167,000,000
Colombian Peso COP [Member] | Foreign Exchange Contract [Member]
Derivative [Line Items]
Derivative, notional amount	57,000,000
Brazil, Brazil Real | Foreign Exchange Contract [Member]
Derivative [Line Items]
Derivative, notional amount	32,000,000
Euro Member Countries, Euro | Foreign Exchange Contract [Member]
Derivative [Line Items]
Derivative, notional amount	198,000,000
Natural Gas and Natural Gas Liquids [Member]
Derivative [Line Items]
Commodity Contract Asset, Current	71,000,000
Energy [Domain]
Derivative [Line Items]
Commodity Contract Asset, Current	15,000,000
Coal [Member]
Derivative [Line Items]
Commodity Contract Asset, Current	$ 6,000,000

Derivative Instruments and He_4

Derivative Instruments and Hedging Activities (Assets and LIabilities - Designated vs. Not Designated Hedging Instruments) (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Derivatives, Fair Value [Line Items]
Derivative Asset, Noncurrent	$ 374	$ 148
Derivative Asset, Current	271	85
Total asset derivatives	645	233
Total liability derivatives	474	384
Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Total asset derivatives	340	92
Total liability derivatives	116	333
Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Total asset derivatives	305	141
Total liability derivatives	358	51
Interest Rate Contract
Derivatives, Fair Value [Line Items]
Total asset derivatives	314	53
Total liability derivatives	6	294
Interest Rate Contract | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Total asset derivatives	313	53
Total liability derivatives	6	288
Interest Rate Contract | Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Total asset derivatives	1	0
Total liability derivatives	0	6
Cross Currency Interest Rate Contract [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	0	5
Total liability derivatives	42	11
Cross Currency Interest Rate Contract [Member] | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Total asset derivatives	0	5
Total liability derivatives	42	11
Cross Currency Interest Rate Contract [Member] | Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Total asset derivatives	0	0
Total liability derivatives	0	0
Foreign Exchange Contract [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	86	137
Total liability derivatives	20	35
Foreign Exchange Contract [Member] | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Total asset derivatives	27	28
Total liability derivatives	9	23
Foreign Exchange Contract [Member] | Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Total asset derivatives	59	109
Total liability derivatives	11	12
Commodity Contract [Member]
Derivatives, Fair Value [Line Items]
Total asset derivatives	245	38
Total liability derivatives	406	44
Commodity Contract [Member] | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Total asset derivatives	0	6
Total liability derivatives	59	11
Commodity Contract [Member] | Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Total asset derivatives	245	32
Total liability derivatives	$ 347	$ 33

Derivative Instruments and He_5

Derivative Instruments and Hedging Activities (Assets and Liabilities - Current vs. Noncurrent Derivative instruments) (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Derivatives, Fair Value [Line Items]
Derivative Asset, Current	$ 271	$ 85
Derivative Liability, Current	168	83
Derivative Asset, Noncurrent	374	148
Derivative Liability, Noncurrent	306	301
Total asset derivatives	645	233
Total liability derivatives	$ 474	$ 384
Derivative Asset, Current, Statement of Financial Position [Extensible Enumeration]	Other current assets, net of CECL allowance of $2 and $0, respectively
Derivative Liability, Statement of Financial Position [Extensible Enumeration]	Accrued and other liabilities
Derivative Asset, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other assets
Derivative Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other long-term liabilities

Derivative Instruments and He_6

Derivative Instruments and Hedging Activities Derivative Instruments and Hedging Activities (Effective Portion of Cash Flow Hedges) (Details) - Cash Flow Hedging - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Derivative Instruments, Gain (Loss) [Line Items]
Gains (Losses) Reclassified from AOCL into Earnings, Effective Portion	$ (68)	$ (492)	$ (91)
Gain (Loss) on Derivative Instruments, Net, Pretax	(18)	106	(1)
Interest Rate Contract
Derivative Instruments, Gain (Loss) [Line Items]
Gains (Losses) Reclassified from AOCL into Earnings, Effective Portion	(72)	(419)	(75)
AOCI before tax expected increase (decrease) next 12 months	(13)
Loss on discontinuation of cash flow hedge due to forecasted transaction probable of not occurring	(16)	0	(14)
Cross Currency Interest Rate Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gains (Losses) Reclassified from AOCL into Earnings, Effective Portion	0	(15)	(5)
Foreign Exchange Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gains (Losses) Reclassified from AOCL into Earnings, Effective Portion	2	(62)	(9)
Gain (Loss) on Derivative Instruments, Net, Pretax	21	29	68
Commodity Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gains (Losses) Reclassified from AOCL into Earnings, Effective Portion	2	4	(2)
Gain (Loss) on Derivative Instruments, Net, Pretax	$ (43)	$ (28)	$ (68)

Derivative Instruments and He_7

Derivative Instruments and Hedging Activities Derivative Instruments and Hedging Activities (Ineffective Portion of Cash Flow Hedges) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Interest Rate Contract | Not Designated as Hedging Instrument
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	$ 4	$ 105	$ (1)
Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	(68)	(492)	(91)
Fair Value, Net Derivative Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI	902	5	(478)
Cash Flow Hedging | Interest Rate Contract
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	(72)	(419)	(75)
Loss on discontinuation of cash flow hedge due to forecasted transaction probable of not occurring	(16)	0	(14)
Gain on Discontinuation of Cash Flow Hedge Due to Forecasted Transaction Probable of Not Occurring	26	0	0
Accumulated Other Comprehensive Income Loss Before Tax Expected Increase Decrease Next Twelve Months	13
Fair Value, Net Derivative Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI	869	51	(511)
Cash Flow Hedging | Foreign Exchange Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	2	(62)	(9)
Fair Value, Net Derivative Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI	17	(34)	25
Cash Flow Hedging | Cross Currency Interest Rate Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	0	(15)	(5)
Fair Value, Net Derivative Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI	0	(11)	3
Cash Flow Hedging | Commodity Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	2	4	(2)
Fair Value, Net Derivative Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss), OCI	16	(1)	5
Fair Value Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on Hedging Activity	(9)	(2)	0
Fair Value Hedging | Designated as Hedging Instrument
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on Hedging Activity	(35)	(6)	0
Fair Value Hedging | Other Contract
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on Hedging Activity	$ 26	$ 4	$ 0

Derivative Instruments and He_8

Derivative Instruments and Hedging Activities (Credit Risk-Related Contingent Features) (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Credit Risk-Related Contingent Features [Line Items]
Derivative Liability, Fair Value of Collateral	$ 104	$ 0
Derivative, Collateral, Right to Reclaim Cash	$ 42	$ 0

Financing Receivables (Details)

Financing Receivables (Details) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) agreement	Dec. 31, 2021 USD ($)	Jan. 01, 2020 USD ($)	Dec. 31, 2019 USD ($)
Schedule of Financing Receivables [Line Items]
Financing receivable	$ 303	$ 57
Number of Foninvemem Agreements | agreement	3
Foninvemem Agreement, collection period	10 years
Financing Receivable, before Allowance for Credit Loss	$ 303	58
Financing Receivable, Allowance for Credit Loss	0	1
Accounts receivable, net of allowance for doubtful accounts of $5 and $5, respectively	1,799	1,418	$ 1,479	$ 1,479
Other assets	2,979	2,188	$ 1,605	$ 1,635
ARGENTINA
Schedule of Financing Receivables [Line Items]
Financing receivable	5	10
Derivative Assets, Gross	64	108
Financing Receivable, before Allowance for Credit Loss	5	11
Financing Receivable, Allowance for Credit Loss	0	1
Other Entity [Member]
Schedule of Financing Receivables [Line Items]
Financing receivable	13	30
Financing Receivable, before Allowance for Credit Loss	13	30
Financing Receivable, Allowance for Credit Loss	0	0
CHILE
Schedule of Financing Receivables [Line Items]
Financing receivable	239	17
Financing Receivable, before Allowance for Credit Loss	239	17
Financing Receivable, Allowance for Credit Loss	0	0
Accounts receivable, net of allowance for doubtful accounts of $5 and $5, respectively	26
Accounts receivable - noncurrent	227
Other assets	12
UNITED STATES
Schedule of Financing Receivables [Line Items]
Financing receivable	46	0
Financing Receivable, before Allowance for Credit Loss	46	0
Financing Receivable, Allowance for Credit Loss	$ 0	$ 0

Investments In and Advances T_3

Investments In and Advances To Affiliates - Effective Equity Ownership Interest and Carrying Values (Details) - USD ($) $ in Millions			3 Months Ended		6 Months Ended	12 Months Ended
		Feb. 28, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2020	Dec. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020
Investments in and Advances to Affiliates [Line Items]
Investments in and advances to affiliates						$ 952	$ 1,080			$ 835
Other long-term liabilities						$ 3,168	$ 3,358
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain			$ 178	$ 36	$ 214
sPower [Member]
Investments in and Advances to Affiliates [Line Items]
Equity Method Investment, Ownership Percentage						50%	50%
Fluence [Member]
Investments in and Advances to Affiliates [Line Items]
Equity Method Investment, Ownership Percentage			43.20%	50%		33.50%	34%
Grupo Energia Gas Panama
Investments in and Advances to Affiliates [Line Items]
Equity Method Investment, Ownership Percentage						49%	49%
Uplight
Investments in and Advances to Affiliates [Line Items]
Equity Method Investment, Ownership Percentage						29%	29.40%	29.60%	32.30%
Energía Natural Dominicana Enadom
Investments in and Advances to Affiliates [Line Items]
Equity Method Investment, Ownership Percentage						43%	43%
Eolica Mesa La Paz [Member]
Investments in and Advances to Affiliates [Line Items]
Equity Method Investment, Ownership Percentage	[1]					50%	50%
Barry
Investments in and Advances to Affiliates [Line Items]
Equity Method Investment, Ownership Percentage	[2]					100%	100%
sPower [Member]
Investments in and Advances to Affiliates [Line Items]
Investments in and advances to affiliates						$ 432	$ 492
Equity Method Investment, Ownership Acquired							25%
Equity Method Investment, Other than Temporary Impairment						175
Uplight
Investments in and Advances to Affiliates [Line Items]
Investments in and advances to affiliates						81	$ 103
Eolica Mesa La Paz [Member]
Investments in and Advances to Affiliates [Line Items]
Investments in and advances to affiliates	[1]					32	48
Energía Natural Dominicana Enadom
Investments in and Advances to Affiliates [Line Items]
Investments in and advances to affiliates						64	53
Barry
Investments in and Advances to Affiliates [Line Items]
Investments in and advances to affiliates	[2]					0	0
Grupo Energia Gas Panama
Investments in and Advances to Affiliates [Line Items]
Investments in and advances to affiliates						82	41
Fluence [Member]
Investments in and Advances to Affiliates [Line Items]
Investments in and advances to affiliates						$ 205	304
Colon [Domain]
Investments in and Advances to Affiliates [Line Items]
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain							6
sPower OpCo B [Member]
Investments in and Advances to Affiliates [Line Items]
Equity method investment, ownership percentage sold						49%
sPower OpCo B [Member] | Subsequent Event [Member]
Investments in and Advances to Affiliates [Line Items]
Equity Method Investment, Amount Sold		$ 196
Other Affiliates [Member]
Investments in and Advances to Affiliates [Line Items]
Investments in and advances to affiliates	[3]					$ 56	$ 39
[1]The Company's ownership in Energía Natural Dominicana Enadom is held through Andres, an 85%-owned consolidated subsidiary. Andres owns 50% of Energía Natural Dominicana Enadom, resulting in an AES effective ownership of 43%.[2]Represents a VIE in which the Company holds a variable interest, but is not the primary beneficiary.[3]Includes Bosforo, Tucano and various other equity method investments.

Investments In and Advances T_4

Investments In and Advances To Affiliates - Summary of Financial Information of Affiliates & Subsidiaries (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions		3 Months Ended								6 Months Ended	12 Months Ended			21 Months Ended
	Feb. 28, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2022	Nov. 01, 2021	Mar. 04, 2021
Investments in and Advances to Affiliates [Line Items]
Gain (Loss) on Disposition of Business					$ (1,800)						$ (9)	$ (1,683)	$ (95)
Business Combination, Consideration Transferred											$ 28
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain			$ 178	$ 36						$ 214
Shares Issued, Price Per Share		$ 25.85									$ 25.85			$ 25.85		$ 25.88
Qatar Investment Authority
Investments in and Advances to Affiliates [Line Items]
Equity Method Investment, Purchase Price Agreement							$ 125
Qatar Investment Authority
Investments in and Advances to Affiliates [Line Items]
Equity Method Investment, Ownership Percentage Sold			13.60%
Guacolda Affiliate [Member]
Investments in and Advances to Affiliates [Line Items]
Equity Method Investment, Ownership Percentage							50%
Uplight
Investments in and Advances to Affiliates [Line Items]
Equity Method Investment, Ownership Percentage		29%			29.40%	29.60%	32.30%				29%	29.40%		29%
Fluence [Member]
Investments in and Advances to Affiliates [Line Items]
Equity Method Investment, Ownership Percentage		33.50%	43.20%	50%	34%						33.50%	34%		33.50%
Fluence [Member] | Additional Decimal Displayed
Investments in and Advances to Affiliates [Line Items]
Equity Method Investment, Ownership Percentage					34.20%							34.20%
Fluence [Member]
Investments in and Advances to Affiliates [Line Items]
Equity Method Investment, Realized Gain (Loss) on Disposal					$ 325	$ 60
Shares, Issued															35,650
Shares Issued, Price Per Share															$ 28
Proceeds from divestiture of business					936
Guacolda Affiliate [Member]
Investments in and Advances to Affiliates [Line Items]
Equity Method Investment, Realized Gain (Loss) on Disposal						34
Equity Method Investment, Purchase Price Agreement								$ 34
Equity Method Investment Long Lived Asset Impairment									$ 127
Uplight
Investments in and Advances to Affiliates [Line Items]
Equity Method Investment, Realized Gain (Loss) on Disposal						25
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable					$ 23	$ 37
sPower [Member]
Investments in and Advances to Affiliates [Line Items]
Equity Method Investment, Other than Temporary Impairment											$ 175
Business Combination, Consideration Transferred								$ 102
Equity Method Investment, Realized Gain (Loss) on Disposal		$ 35
Equity Method Investment, Ownership Acquired					25%							25%
Barry
Investments in and Advances to Affiliates [Line Items]
Other Long-term Debt		$ 39			$ 44						$ 39	$ 44		$ 39
Colon [Domain]
Investments in and Advances to Affiliates [Line Items]
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain												6
Grupo Energia Gas Panama
Investments in and Advances to Affiliates [Line Items]
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable												$ 44		$ 45
sPower OpCo B [Member]
Investments in and Advances to Affiliates [Line Items]
Equity Method Investment, Ownership Percentage Sold		49%									49%			49%
sPower OpCo B [Member] | Subsequent Event [Member]
Investments in and Advances to Affiliates [Line Items]
Equity Method Investment, Amount Sold	$ 196

Investments In and Advances T_5

Investments In and Advances To Affiliates - Summarized Financial Information (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Jan. 01, 2020	Dec. 31, 2019
Schedule of Equity Method Investments [Line Items]
Revenue	$ 3,060	$ 3,627	$ 3,078	$ 2,852	$ 2,770	$ 3,036	$ 2,700	$ 2,635	$ 12,617	$ 11,141	$ 9,660
Operating margin	563	$ 892	$ 563	$ 530	559	760	728	664	2,548	2,711	2,693
Net income (loss)					(1,330)	$ 485	$ (77)	$ (29)	(505)	(951)	152
Assets, Current	7,643				5,356				7,643	5,356
Liabilities, Current	6,491				4,732				6,491	4,732
Liabilities, Noncurrent	26,047				22,407				26,047	22,407
Stockholders' Equity Attributable to Noncontrolling Interest	2,067				1,769				2,067	1,769		$ 2,217	$ 2,233
Stockholders' Equity Attributable to Parent	2,437				2,798				2,437	2,798
Undistributed Earnings Of Minority Owned Affiliates Included In Retained Earnings	288								288
Distributions Received From Minority Owned Affiliates									47	25	14
Basis Difference Between Carrying Amount And Investment	202								202
Minority Owned Affiliates
Schedule of Equity Method Investments [Line Items]
Revenue									1,780	1,316	1,880
Operating margin									(361)	(53)	213
Net income (loss)									(527)	(242)	(538)
Net Income (Loss) Attributable to Affiliates									(405)	(40)	(411)
Assets, Current	2,223				1,180				2,223	1,180
Assets, Noncurrent	7,522				6,497				7,522	6,497
Liabilities, Current	1,931				1,414				1,931	1,414
Liabilities, Noncurrent	4,040				3,602				4,040	3,602
Stockholders' Equity Attributable to Noncontrolling Interest	796				869				796	869
Stockholders' Equity Attributable to Parent	2,978				1,792				2,978	1,792
Majority Owned Affiliates
Schedule of Equity Method Investments [Line Items]
Revenue									1	1	1
Operating margin									(1)	(1)	(3)
Net income (loss)									0	(3)	(4)
Net Income (Loss) Attributable to Affiliates									0	(3)	$ (4)
Assets, Current	125				122				125	122
Assets, Noncurrent	643				771				643	771
Liabilities, Current	118				126				118	126
Liabilities, Noncurrent	677				793				677	793
Stockholders' Equity Attributable to Noncontrolling Interest	(1)				0				(1)	0
Stockholders' Equity Attributable to Parent	$ (26)				$ (26)				$ (26)	$ (26)

Total Other Non-Operating Expen

Total Other Non-Operating Expense (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Schedule of Other Nonoperating Income (Expense) [Line Items]
Other Nonoperating Expense	$ (175)	$ (175)	$ 0	$ (202)

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets (Goodwill Roll Forward) (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Goodwill [Roll Forward]
Goodwill	$ 3,750	$ 3,750	$ 3,788
Accumulated impairment losses	(3,388)	(3,388)	(2,611)
Net balance	362	362	1,177
Goodwill impairment expense	(777)	(777)	0	$ 0
Goodwill, Acquired During Period		3
Goodwill, Written off Related to Sale of Business Unit		(41)
Operating Segments [Member] | MCAC [Member]
Goodwill [Roll Forward]
Goodwill	16	16	16
Accumulated impairment losses	0	0	0
Net balance	16	16	16
Goodwill impairment expense		0
Goodwill, Acquired During Period		0
Goodwill, Written off Related to Sale of Business Unit		0
Operating Segments [Member] | EURASIA [Member]
Goodwill [Roll Forward]
Goodwill	0	0	0
Accumulated impairment losses	0	0	0
Net balance	0	0	0
Goodwill impairment expense		0
Goodwill, Acquired During Period		0
Goodwill, Written off Related to Sale of Business Unit		0
Operating Segments [Member] | US and Utilities SBU
Goodwill [Roll Forward]
Goodwill	3,087	3,087	3,127
Accumulated impairment losses	(2,744)	(2,744)	(2,611)
Net balance	343	343	516
Goodwill impairment expense		133
Goodwill, Acquired During Period		0
Goodwill, Written off Related to Sale of Business Unit		(40)
Operating Segments [Member] | South America
Goodwill [Roll Forward]
Goodwill	644	644	644
Accumulated impairment losses	(644)	(644)	0
Net balance	0	0	644
Goodwill impairment expense		644
Goodwill, Acquired During Period		0
Goodwill, Written off Related to Sale of Business Unit		0
Operating Segments [Member] | Corporate and Other
Goodwill [Roll Forward]
Goodwill	3	3	1
Accumulated impairment losses	0	0	0
Net balance	$ 3	3	$ 1
Goodwill impairment expense		0
Goodwill, Acquired During Period		3
Goodwill, Written off Related to Sale of Business Unit		$ (1)

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets (Intangible Assets) (Details) - USD ($) $ in Millions		Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets, Net [Abstract]
Gross Balance		$ 2,216	$ 1,783
Accumulated Amortization		(434)	(385)
Net Balance		1,782	1,398
Indefinite-lived Intangible Assets (Excluding Goodwill)		59	52
Indefinite- lived intangible assets, Amortization		0	0
Intangible Assets, Gross		2,275	1,835
Intangible Assets, Net		1,841	1,450
Land Use Rights [Member]
Finite-Lived Intangible Assets, Net [Abstract]
Indefinite-lived Intangible Assets (Excluding Goodwill)		42	28
Indefinite- lived intangible assets, Amortization		0	0
Water rights
Finite-Lived Intangible Assets, Net [Abstract]
Indefinite-lived Intangible Assets (Excluding Goodwill)		0	3
Indefinite- lived intangible assets, Amortization		0	0
Transmission Rights [Member]
Finite-Lived Intangible Assets, Net [Abstract]
Indefinite-lived Intangible Assets (Excluding Goodwill)		16	19
Indefinite- lived intangible assets, Amortization		0	0
Other
Finite-Lived Intangible Assets, Net [Abstract]
Indefinite-lived Intangible Assets (Excluding Goodwill)		1	2
Indefinite- lived intangible assets, Amortization		0	0
Computer Software, Intangible Asset [Member]
Finite-Lived Intangible Assets, Net [Abstract]
Gross Balance		582	457
Accumulated Amortization		(307)	(279)
Net Balance		275	178
Emission allowances [Member]
Finite-Lived Intangible Assets, Net [Abstract]
Gross Balance		37	18
Accumulated Amortization		0	0
Net Balance		37	18
Project Development Rights [Member]
Finite-Lived Intangible Assets, Net [Abstract]
Gross Balance		991	819
Accumulated Amortization		(17)	(8)
Net Balance		974	811
Contracts
Finite-Lived Intangible Assets, Net [Abstract]
Gross Balance		342	183
Accumulated Amortization		(40)	(48)
Net Balance		302	135
Other
Finite-Lived Intangible Assets, Net [Abstract]
Gross Balance		57	111
Accumulated Amortization		(20)	(17)
Net Balance	[1]	37	94
Compensation from Concession Agreement
Finite-Lived Intangible Assets, Net [Abstract]
Gross Balance		207	195
Accumulated Amortization		(50)	(33)
Net Balance		$ 157	$ 162
[1]Acquired or purchased emissions allowances are finite-lived intangible assets that are expensed when utilized and included in net income for the year. (3) Includes management rights, renewable energy credits and incentives, and other individually insignificant intangible assets.

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets (Intangible Assets Acquired) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Indefinite-lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 448	$ 822
Computer Software, Intangible Asset [Member]
Indefinite-lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 136	$ 89
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	14 years	6 years
Other Intangible Assets [Member]
Indefinite-lived Intangible Assets [Line Items]
Other intangible assets acquired	$ 1	$ 2
Contracts
Indefinite-lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 196	$ 35
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	23 years	12 years
Project Development Rights [Member]
Indefinite-lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 67	$ 667
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	4 years	35 years
Emission allowances [Member]
Indefinite-lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 35	$ 22
Transmission Rights [Member]
Indefinite-lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired		$ 0
Compensation from Concession Agreement
Indefinite-lived Intangible Assets [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life		12 years
Use Rights [Member]
Indefinite-lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	13
Transmission Rights [Member]
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived Intangible Assets Acquired	$ 0
Compensation from Concession Agreement
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived Intangible Assets Acquired		$ 7

Goodwill and Other Intangible_6

Goodwill and Other Intangible Assets (Expected Amortization Expense) (Details) $ in Millions	Dec. 31, 2022 USD ($)
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2021	$ 71
2022	67
2023	66
2024	65
2025	64
Computer Software, Intangible Asset [Member]
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2021	29
2022	28
2023	27
2024	26
2025	25
Contract-Based Intangible Assets [Member]
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2021	20
2022	17
2023	16
2024	16
2025	16
Other
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2021	5
2022	6
2023	7
2024	7
2025	7
Compensation from Concession Agreement
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2021	17
2022	16
2023	16
2024	16
2025	$ 16

Goodwill and Other Intangible_7

Goodwill and Other Intangible Assets (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Goodwill [Line Items]
Amortization of Intangible Assets		$ 71	$ 69	$ 54
Goodwill impairment expense	$ 777	777	0	$ 0
Goodwill	362	362	1,177
Goodwill, Acquired During Period		3
Goodwill	$ 3,750	$ 3,750	$ 3,788

Goodwill and Other Intangible_8

Goodwill and Other Intangible Assets Schedule of Finite-Lived Intangible Assets (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	$ 71	$ 69	$ 54

Regulatory Assets and Liabili_3

Regulatory Assets and Liabilities (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021
Schedule of Regulatory Assets and Liabilities [Line Items]
Total Current Regulatory Assets		$ 237	$ 168
Total Non Current Regulatory Assets		$ 724	834
Remaining Amounts of Regulatory Assets for which No Return on Investment During Recovery Period is Provided		4 years
Total regulatory assets		$ 961	1,002
Total Current Regulatory Liabilities		$ 64	19
Remaining Recovery Period of Regulatory Liabilities		1 year
Total Non Current Regulatory Liabilities		$ 813	1,056
Total regulatory liabilities		877	1,075
Overcollection of Costs [Member]
Schedule of Regulatory Assets and Liabilities [Line Items]
Total Current Regulatory Liabilities		46	18
Deferred Income Tax Charge [Member]
Schedule of Regulatory Assets and Liabilities [Line Items]
Total Non Current Regulatory Liabilities		134	158
Asset Retirement Obligation Costs
Schedule of Regulatory Assets and Liabilities [Line Items]
Total Non Current Regulatory Liabilities		657	868
Other Regulatory Liabilities
Schedule of Regulatory Assets and Liabilities [Line Items]
Total Current Regulatory Liabilities		18	1
Total Non Current Regulatory Liabilities		22	30
El Salvador Tariff Recoveries
Schedule of Regulatory Assets and Liabilities [Line Items]
Total Current Regulatory Assets		78	80
Pension Costs
Schedule of Regulatory Assets and Liabilities [Line Items]
Total Non Current Regulatory Assets	[1]	194	191
Deferred Midwest Independent Service Operator Costs
Schedule of Regulatory Assets and Liabilities [Line Items]
Total Non Current Regulatory Assets		34	48
Environmental Restoration Costs [Member]
Schedule of Regulatory Assets and Liabilities [Line Items]
Total Non Current Regulatory Assets		73	76
Other Regulatory Assets
Schedule of Regulatory Assets and Liabilities [Line Items]
Total Current Regulatory Assets		79	79
Total Non Current Regulatory Assets		115	135
Petersburg Unit Retirement Costs
Schedule of Regulatory Assets and Liabilities [Line Items]
Total Non Current Regulatory Assets		287	300
Deferred Fuel and Purchase Power Costs
Schedule of Regulatory Assets and Liabilities [Line Items]
Total Non Current Regulatory Assets		21	84
Deferred fuel and purchased power costs (Current)
Schedule of Regulatory Assets and Liabilities [Line Items]
Total Current Regulatory Assets		$ 80	$ 9
[1] Past expenditures on which the Company earns a rate of return .

Regulatory Assets and Liabili_4

Regulatory Assets and Liabilities Regulatory Assets and Liabilities - by Reportable Segment (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Schedule of Regulatory Assets and Liabilities [Line Items]
Regulatory Assets	$ 961	$ 1,002
Regulatory Liabilities	$ 877	$ 1,075

Debt (Non-Recourse Debt Carryin

Debt (Non-Recourse Debt Carrying Amounts and Terms) (Details) - USD ($) $ in Millions		3 Months Ended	9 Months Ended	12 Months Ended
		Mar. 31, 2022	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 14, 2022	Dec. 13, 2022
Unamortized Discounts [Member]
Debt Instrument [Line Items]
Non-Recourse Debt				$ 309	$ 214
Non-recourse Debt, excluding Finance Lease Liabilities				19,429	14,811
Non-recourse Debt Current Maturities	[1]			(1,752)	(1,361)
Non-recourse Debt, excluding Finance Lease Liabilities, Noncurrent	[1]			17,677	13,450
Derivative, notional amount				1,300
Finance Lease, Liability, Noncurrent				169	128
Finance Lease, Liability, Current				6	6
Gain (Loss) on Extinguishment of Debt				(15)	(78)	$ (186)
Proceeds From Issuance Of Nonrecourse Debt				5,788	1,644	4,680
Repayments of Lines of Credit				4,687	2,420	$ 2,479
AES Panama
Debt Instrument [Line Items]
Gain (Loss) on Extinguishment of Debt			$ (16)
AES Clean Energy
Debt Instrument [Line Items]
Available-for-sale Securities, Failed Auction, Value					25
AES Clean Energy | Nonrecourse Debt
Debt Instrument [Line Items]
Gain (Loss) on Extinguishment of Debt				(12)
Proceeds From Issuance Of Nonrecourse Debt				1,153
AES Clean Energy | Revolving Credit Facilities, Initial Commitments
Debt Instrument [Line Items]
Debt face amount				1,300
Line of Credit Facility, Increase (Decrease), Net				964
AES Hispanola Holdings BV | Nonrecourse Debt
Debt Instrument [Line Items]
Gain (Loss) on Extinguishment of Debt		$ 0
Proceeds From Issuance Of Nonrecourse Debt		500
AES Hispanola Holdings BV | JPCB | Nonrecourse Debt
Debt Instrument [Line Items]
Proceeds From Issuance Of Nonrecourse Debt				450
AES Hispanola Holdings BV | Bridge Loan | JPCB
Debt Instrument [Line Items]
Debt face amount				500
Colon | JPCB | Nonrecourse Debt
Debt Instrument [Line Items]
Proceeds From Issuance Of Nonrecourse Debt				$ 50
Mercury Chile Hold Co LLC
Debt Instrument [Line Items]
Proceeds from Contributed Capital		196
Mercury Chile Hold Co LLC | Nonrecourse Debt
Debt Instrument [Line Items]
Gain (Loss) on Extinguishment of Debt		0
Proceeds From Issuance Of Nonrecourse Debt		710
Mercury Chile Hold Co LLC | Nonrecourse Debt | Bridge Loan
Debt Instrument [Line Items]
Proceeds From Issuance Of Nonrecourse Debt		350
Mercury Chile Hold Co LLC | 6.5% Senior Notes Due 2027 | Senior Notes [Member]
Debt Instrument [Line Items]
Debt face amount		$ 360
Stated interest rate				6.50%
AES Renewable Holdings
Debt Instrument [Line Items]
Gain (Loss) on Extinguishment of Debt				$ (12)
AES Renewable Holdings | AES Renewable Holdings Term Loan due 2027 | Nonrecourse Debt
Debt Instrument [Line Items]
Proceeds From Issuance Of Nonrecourse Debt				632
AES Renewable Holdings | AES Renewable Holdings Credit Facilities
Debt Instrument [Line Items]
Repayments of Lines of Credit				692
AES Clean Energy and sPower (Co-Issuers) | 6.55% Senior Notes Due 2047 | Senior Notes [Member]
Debt Instrument [Line Items]
Debt face amount								$ 647
Stated interest rate								6.55%
AES Clean Energy and sPower (Co-Issuers) | 6.55% Senior Notes Due 2047 Amount Borrowed | Senior Notes [Member]
Debt Instrument [Line Items]
Debt face amount							$ 647
AES Clean Energy Development | 6.55% Senior Notes Due 2047 Amount Borrowed | Senior Notes [Member]
Debt Instrument [Line Items]
Debt face amount				37			$ 37
AES Clean Energy and sPower (Co-Borrowers) | Revolving Credit Facilities, Initial Commitments
Debt Instrument [Line Items]
Debt face amount				2,500	1,200
Line of Credit Facility, Increase (Decrease), Net				1,300
Credit Facility, Commitments Used				$ 1,800
Variable Rate Debt | Bank loans
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage				7.42%
Non-Recourse Debt				$ 3,971	2,345
Variable Rate Debt | Notes and bonds
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage				1.48%
Non-Recourse Debt				$ 2,137	1,121
Variable Rate Debt | Debt to (or guaranteed by) multilateral, export credit agencies or development banks
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage	[2]			6.59%
Non-Recourse Debt	[2]			$ 4	79
Variable Rate Debt | Other
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage				6.64%
Non-Recourse Debt				$ 1,234	125
Fixed Rate Debt | Bank loans
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage				6.12%
Non-Recourse Debt				$ 461	359
Fixed Rate Debt | Notes and bonds
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage				5.05%
Non-Recourse Debt				$ 11,130	10,914
Fixed Rate Debt | Debt to (or guaranteed by) multilateral, export credit agencies or development banks
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage	[2]			6.75%
Non-Recourse Debt	[2]			$ 3	3
Fixed Rate Debt | Other
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage				4.95%
Non-Recourse Debt				$ 798	$ 79
[1] Excludes $6 million and $6 million (current) and $169 million and $128 million (noncurrent) finance lease liabilities included in the respective non-recourse debt line items on the Consolidated Balance Sheet as of December 31, 2022 and 2021, respectively. See Note 14— Leases for further information. (3) Excludes $25 million of failed sale-leaseback transaction liabilities included in the non-recourse debt line items on the Consolidated Balance Sheet as of December 31, 2021.

Debt (Non-Recourse Debt Maturit

Debt (Non-Recourse Debt Maturity Schedule) (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Debt Details [Line Items]
Non-Recourse Debt	$ (309)
Non Recourse Debt Total	19,429	$ 14,811
Construction line of credit facility remaining borrowing capacity	283
Other line of credit remaining borrowing capacity	1,400
Nonrecourse Debt
Debt Details [Line Items]
Long-Term Debt, Maturity, Year Two	2,687
Long-term Debt, Maturities, Repayments of Principal in Rolling Year Three	2,237
Long-Term Debt, Maturity, Year Four	1,040
Long-Term Debt, Maturity, Year Five	2,720
Long-term Debt, Maturities, Repayments of Principal in Rolling after Year Five	9,293
Nonrecourse Debt
Debt Details [Line Items]
Long-term Debt, Maturities, Repayments of Principal in Next Rolling Twelve Months	$ 1,761

Debt (Non-recourse Debt Narrati

Debt (Non-recourse Debt Narrative) (Details) - USD ($) $ in Millions	3 Months Ended				6 Months Ended	9 Months Ended	12 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Loss on extinguishment of debt							$ 15	$ 78	$ 186
Restricted cash and debt service reserves	$ 424						424	370
Restricted net assets	1,200						1,200
Finance Lease, Liability, Current	6						6	6
Proceeds From Issuance Of Nonrecourse Debt							5,788	1,644	$ 4,680
Restricted Cash
Debt Instrument [Line Items]
Restricted cash and debt service reserves	285						285	175
Debt Service Reserves
Debt Instrument [Line Items]
Restricted cash and debt service reserves	139						139	$ 195
AES Panama
Debt Instrument [Line Items]
Loss on extinguishment of debt						$ 16
AES Renewable Holdings
Debt Instrument [Line Items]
Loss on extinguishment of debt							12
Non-Recourse Debt | DPL Subsidiary
Debt Instrument [Line Items]
Repayments of long-term debt			$ 0
Loss on extinguishment of debt			0
Proceeds From Issuance Of Nonrecourse Debt			140
Non-Recourse Debt | AES Clean Energy
Debt Instrument [Line Items]
Repayments of long-term debt							(815)
Loss on extinguishment of debt							12
Proceeds From Issuance Of Nonrecourse Debt							1,153
Non-Recourse Debt | AES Bulgaria
Debt Instrument [Line Items]
Repayments of long-term debt	0
Loss on extinguishment of debt	0
Proceeds From Issuance Of Nonrecourse Debt	$ 159
Non-Recourse Debt | AES Andes
Debt Instrument [Line Items]
Repayments of long-term debt							(217)
Loss on extinguishment of debt							0
Proceeds From Issuance Of Nonrecourse Debt							999
Non-Recourse Debt | AES Brasil
Debt Instrument [Line Items]
Repayments of long-term debt							(201)
Loss on extinguishment of debt							0
Proceeds From Issuance Of Nonrecourse Debt							779
Non-Recourse Debt | IPL Subsidiary [Member]
Debt Instrument [Line Items]
Repayments of long-term debt							(200)
Loss on extinguishment of debt							0
Proceeds From Issuance Of Nonrecourse Debt							$ 550
Non-Recourse Debt | Mercury Chile Hold Co LLC
Debt Instrument [Line Items]
Repayments of long-term debt				$ (350)
Loss on extinguishment of debt				0
Proceeds From Issuance Of Nonrecourse Debt				710
Non-Recourse Debt | AES Hispanola Holdings BV
Debt Instrument [Line Items]
Repayments of long-term debt				0
Loss on extinguishment of debt				0
Proceeds From Issuance Of Nonrecourse Debt				$ 500
Non-Recourse Debt | AES El Salvador
Debt Instrument [Line Items]
Repayments of long-term debt			(345)
Loss on extinguishment of debt			0
Proceeds From Issuance Of Nonrecourse Debt			$ 348
Non-Recourse Debt | AES Dominicana Renewable Energy
Debt Instrument [Line Items]
Repayments of long-term debt		$ 0
Loss on extinguishment of debt		0
Proceeds From Issuance Of Nonrecourse Debt		$ 120
Nonrecourse [Member] | DPL Subsidiary
Debt Instrument [Line Items]
Loss on extinguishment of debt					$ 34

Debt (Subsidiary Non-Recourse D

Debt (Subsidiary Non-Recourse Debt in Default or Accelerated) (Details) $ in Millions	Dec. 31, 2022 USD ($)
Debt Details [Line Items]
Debt default amount	$ 177
Materiality threshold for cash distribution from business to Parent	20%
PUERTO RICO | Covenant Violation
Debt Details [Line Items]
Debt default amount	$ 143
Net assets	(178)
AES Jordan | Covenant Violation
Debt Details [Line Items]
Debt default amount	7
Net assets	(10)
AES llumina [Member] | Covenant Violation
Debt Details [Line Items]
Debt default amount	27
Net assets	$ (27)

Debt (Recourse Debt Carrying Am

Debt (Recourse Debt Carrying Amount and Terms) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Recourse Debt Total	$ 3,894	$ 3,754
Recourse Debt Current	0	(25)
Recourse Debt Non Current	$ 3,894	3,729
Revolving Credit Facility [Member] | Recourse Debt | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Revolving Credit Facility due 2027
Debt Instrument [Line Items]
Basis spread on variable rate	1.75%
CDI + 7.00% Limited Recourse Debt | Recourse Debt | AES Holdings Brasil
Debt Instrument [Line Items]
Interest Rate	7%
Recourse Debt Total	$ 0	25
Unamortized Discounts [Member]
Debt Instrument [Line Items]
Recourse Debt Total	(31)	(36)
Parent Company [Member]
Debt Instrument [Line Items]
Recourse Debt Total	3,894
Parent Company [Member] | Revolving Credit Facility [Member] | Recourse Debt | Senior Variable Rate Term Loan due 2024
Debt Instrument [Line Items]
Recourse Debt Total	200	0
Parent Company [Member] | Revolving Credit Facility [Member] | Recourse Debt | Revolving Credit Facility due 2027
Debt Instrument [Line Items]
Recourse Debt Total	$ 325	365
Parent Company [Member] | 3.30% Senior Notes Due 2025 | Recourse Debt
Debt Instrument [Line Items]
Interest Rate	3.30%
Recourse Debt Total	$ 900	900
Parent Company [Member] | 1.375% Senior Notes Due 2026 | Recourse Debt
Debt Instrument [Line Items]
Interest Rate	1.375%
Recourse Debt Total	$ 800	800
Parent Company [Member] | 3.95% Senior Notes Due 2030 | Recourse Debt
Debt Instrument [Line Items]
Interest Rate	3.95%
Recourse Debt Total	$ 700	700
Parent Company [Member] | 2.45% Senior Notes Due 2031 | Recourse Debt
Debt Instrument [Line Items]
Interest Rate	2.45%
Recourse Debt Total	$ 1,000	1,000
Parent Company [Member] | Senior Variable Rate Term Loan due 2024 | Recourse Debt | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Debt Instrument [Line Items]
Basis spread on variable rate	1.125%
Parent Company [Member] | Unamortized Discounts [Member]
Debt Instrument [Line Items]
Recourse Debt Total	$ (31)	$ (36)

Debt (Recourse Debt Net Princip

Debt (Recourse Debt Net Principal Amounts Due Over Five Years) (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Debt Details [Line Items]
Recourse Debt Total	$ 3,894	$ 3,754
Debt Maturity Year One [Member]
Debt Details [Line Items]
Recourse Debt Total	0
Debt Maturity Year Two [Member]
Debt Details [Line Items]
Recourse Debt Total	200
Debt Maturity Year Three [Member]
Debt Details [Line Items]
Recourse Debt Total	900
Debt Maturity Year Four [Member]
Debt Details [Line Items]
Recourse Debt Total	800
Debt Maturity Year Five [Member]
Debt Details [Line Items]
Recourse Debt Total	325
Thereafter
Debt Details [Line Items]
Recourse Debt Total	1,700
Unamortized (discounts)/premiums & debt issuance (costs)
Debt Details [Line Items]
Recourse Debt Total	$ (31)	$ (36)

Debt (Recourse Debt Narrative)

Debt (Recourse Debt Narrative) (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Sep. 30, 2022
Debt Instrument [Line Items]
Borrowings under the revolving credit facilities		$ 5,424	$ 2,802	$ 2,420
Repayments of Lines of Credit		4,687	2,420	2,479
Gain (Loss) on Extinguishment of Debt		(15)	(78)	(186)
Recourse Debt Total		$ 3,894	3,754
Senior Notes [Member] | Revolving Credit Facility due 2026 | Corporate and Other
Debt Instrument [Line Items]
Debt face amount					$ 1,250
Senior Notes [Member] | 1.375% Senior Notes Due 2026 | Corporate and Other
Debt Instrument [Line Items]
Debt Conversion, Converted Instrument, Amount	$ 798
Senior Notes [Member] | 1.375% Senior Notes Due 2026 | Corporate and Other | Secured Debt [Member]
Debt Instrument [Line Items]
Stated interest rate	1.375%
Debt face amount	$ 800
Senior Notes [Member] | 1.375% Senior Notes Due 2026 | Corporate and Other | Unsecured Debt [Member]
Debt Instrument [Line Items]
Stated interest rate	1.375%
Debt face amount	$ 800
Senior Notes [Member] | 2.45% Senior Notes Due 2031 | Corporate and Other
Debt Instrument [Line Items]
Debt Conversion, Converted Instrument, Amount	$ 997
Senior Notes [Member] | 2.45% Senior Notes Due 2031 | Corporate and Other | Secured Debt [Member]
Debt Instrument [Line Items]
Stated interest rate	2.45%
Debt face amount	$ 1,000
Senior Notes [Member] | 2.45% Senior Notes Due 2031 | Corporate and Other | Unsecured Debt [Member]
Debt Instrument [Line Items]
Stated interest rate	2.45%
Debt face amount	$ 1,000
Senior Notes [Member] | Revolving Credit Facility due 2027 | Corporate and Other
Debt Instrument [Line Items]
Debt face amount					1,500
Senior Notes [Member] | 200 Million Term Loan due September 2024 | Corporate and Other
Debt Instrument [Line Items]
Debt face amount					200
Senior Notes [Member] | 200 Million Term Loan due September 2024 Amount Borrowed | Corporate and Other
Debt Instrument [Line Items]
Debt face amount					$ 200
Recourse Debt
Debt Instrument [Line Items]
Percentage of capital stock of foreign subsidiaries securing obligations		65%
Maximum ratio of debt to cash flow		5.75
Parent Company [Member]
Debt Instrument [Line Items]
Gain (Loss) on Extinguishment of Debt		$ 0	0	$ (146)
Recourse Debt Total		$ 3,894
Parent Company [Member] | Recourse Debt | 3.30% Senior Notes Due 2025
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage		3.30%
Recourse Debt Total		$ 900	900
Parent Company [Member] | Recourse Debt | 3.95% Senior Notes Due 2030
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage		3.95%
Recourse Debt Total		$ 700	700
Parent Company [Member] | Recourse Debt | 1.375% Senior Notes Due 2026
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage		1.375%
Recourse Debt Total		$ 800	800
Parent Company [Member] | Recourse Debt | 2.45% Senior Notes Due 2031
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage		2.45%
Recourse Debt Total		$ 1,000	$ 1,000
Parent Company [Member] | Recourse Debt | Revolving Credit Facility due 2027 | Revolving Facility 2027
Debt Instrument [Line Items]
Recourse Debt Total		$ 325

Commitments (Long-Term Purchase

Commitments (Long-Term Purchase Commitments) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Electricity Purchase Contracts
Long-Term Purchase Commitment [Line Items]
Purchases Under Long Term Contracts	$ 1,156	$ 709	$ 756
Purchase Obligation, Due in Next Twelve Months	1,190
Purchase Obligation, Due in Second Year	873
Purchase Obligation, Due in Third Year	639
Purchase Obligation, Due in Fourth Year	588
Purchase Obligation, Due in Fifth Year	586
Future Commitments Thereafter	5,924
Future Commitments Total	9,800
Fuel Purchase Contracts
Long-Term Purchase Commitment [Line Items]
Purchases Under Long Term Contracts	3,375	2,070	1,573
Purchase Obligation, Due in Next Twelve Months	3,702
Purchase Obligation, Due in Second Year	2,624
Purchase Obligation, Due in Third Year	1,706
Purchase Obligation, Due in Fourth Year	1,099
Purchase Obligation, Due in Fifth Year	1,117
Future Commitments Thereafter	3,134
Future Commitments Total	13,382
Other Purchase Contracts
Long-Term Purchase Commitment [Line Items]
Purchases Under Long Term Contracts	3,602	$ 1,261	$ 1,506
Purchase Obligation, Due in Next Twelve Months	4,642
Purchase Obligation, Due in Second Year	477
Purchase Obligation, Due in Third Year	303
Purchase Obligation, Due in Fourth Year	215
Purchase Obligation, Due in Fifth Year	189
Future Commitments Thereafter	1,515
Future Commitments Total	$ 7,341

Contingencies (Loss Contingenci

Contingencies (Loss Contingencies) (Details) $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2022 USD ($) agreement	Dec. 31, 2022 USD ($) agreement	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Loss Contingencies [Line Items]
Guarantor Obligations, Term		less than one year to no more than 16 years
Guarantor Obligations, Maximum Exposure, Undiscounted	$ 2,693	$ 2,693
Obligations number of agreements | agreement	140	140
Litigation Contingencies
Commitments and Contingencies (see Notes 12 and 13)
Environmental Remediation Contingency [Domain]
Environmental Contingencies
Liability recorded for projected environmental remediation costs	10	10	4
Guarantee Obligations [Member]
Loss Contingencies [Line Items]
Guarantor Obligations, Maximum Exposure, Undiscounted	$ 2,406	$ 2,406
Obligations number of agreements | agreement	81	81
Litigation
Litigation Contingencies
Aggregate reserves for claims deemed both probable and reasonably estimable	$ 22	$ 22	$ 23
Parent Company [Member] | Guarantees [Member]
Loss Contingencies [Line Items]
Guarantor Obligations, Maximum Exposure, Undiscounted	$ 2,400	$ 2,400
Obligations number of agreements | agreement	81	81
AES Tiete [Domain] | Compensation from Concession Agreement
Litigation Contingencies
Deferred Compensation Arrangement with Individual, Requisite Service Period	2 years 8 months 12 days
AES Tiete | Compensation from Concession Agreement
Litigation Contingencies
Reversal of Cost of Goods Sold				$ 6
Other Intangible Assets, Net				184
Commitments and Contingencies (see Notes 12 and 13)				$ 190
Unsecured Debt [Member] | Financial Standby Letter of Credit [Member]
Loss Contingencies [Line Items]
Guarantor Obligations, Maximum Exposure, Undiscounted	$ 128	$ 128
Obligations number of agreements | agreement	39	39
Secured Debt [Member] | Financial Standby Letter of Credit [Member]
Loss Contingencies [Line Items]
Guarantor Obligations, Maximum Exposure, Undiscounted	$ 34	$ 34
Obligations number of agreements | agreement	16	16
Secured Debt [Member] | Standby Letters of Credit [Member]
Loss Contingencies [Line Items]
Guarantor Obligations, Maximum Exposure, Undiscounted	$ 123	$ 123
Obligations number of agreements | agreement	2	2
Secured Debt [Member] | Surety Bond
Loss Contingencies [Line Items]
Guarantor Obligations, Maximum Exposure, Undiscounted	$ 2	$ 2
Obligations number of agreements | agreement	2	2
Minimum [Member] | Standby Letters of Credit [Member]
Loss Contingencies [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage		1%
Minimum [Member] | Guarantee Obligations [Member]
Environmental Contingencies
Loss Contingency, Estimate of Possible Loss	$ 1	$ 1
Minimum [Member] | Litigation
Environmental Contingencies
Loss Contingency, Estimate of Possible Loss	51	51
Minimum [Member] | Unsecured Debt [Member] | Financial Standby Letter of Credit [Member]
Environmental Contingencies
Loss Contingency, Estimate of Possible Loss	1	1
Minimum [Member] | Secured Debt [Member] | Financial Standby Letter of Credit [Member]
Environmental Contingencies
Loss Contingency, Estimate of Possible Loss	1	1
Minimum [Member] | Secured Debt [Member] | Surety Bond
Environmental Contingencies
Loss Contingency, Estimate of Possible Loss	1	1
Minimum [Member] | Line of Credit | Financial Standby Letter of Credit [Member]
Environmental Contingencies
Loss Contingency, Estimate of Possible Loss	59	$ 59
Maximum [Member] | Standby Letters of Credit [Member]
Loss Contingencies [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage		3%
Maximum [Member] | Environmental Remediation Contingency [Domain]
Environmental Contingencies
Loss Contingency, Estimate of Possible Loss	12	$ 12
Maximum [Member] | Guarantee Obligations [Member]
Environmental Contingencies
Loss Contingency, Estimate of Possible Loss	400	400
Maximum [Member] | Litigation
Environmental Contingencies
Loss Contingency, Estimate of Possible Loss	88	88
Maximum [Member] | Unsecured Debt [Member] | Financial Standby Letter of Credit [Member]
Environmental Contingencies
Loss Contingency, Estimate of Possible Loss	36	36
Maximum [Member] | Secured Debt [Member] | Financial Standby Letter of Credit [Member]
Environmental Contingencies
Loss Contingency, Estimate of Possible Loss	15	15
Maximum [Member] | Secured Debt [Member] | Surety Bond
Environmental Contingencies
Loss Contingency, Estimate of Possible Loss	1	1
Maximum [Member] | Line of Credit | Financial Standby Letter of Credit [Member]
Environmental Contingencies
Loss Contingency, Estimate of Possible Loss	$ 64	$ 64

Leases Lessee (Details)

Leases Lessee (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Lessee, Lease, Description [Line Items]
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability		$ 14
Finance Lease, Principal Payments	$ 22	2
Operating Lease, Payments	54	39
Finance Lease Liabilities, Gross Difference, Amount [Abstract]
Finance Lease, Liability, Undiscounted Excess Amount	181
Operating Lease Liabilities, Gross Difference, Amount [Abstract]
Lessee, Operating Lease, Liability, Undiscounted Excess Amount	416
Finance Lease, Liability, Payment, Due [Abstract]
Finance Lease, Liability, Payments, Due Next Twelve Months	10
Finance Lease, Liability, Payments, Due Year Two	9
Finance Lease, Liability, Payments, Due Year Three	9
Finance Lease, Liability, Payments, Due Year Four	9
Finance Lease, Liability, Payments, Due Year Five	9
Finance Lease, Liability, Payments, Due after Year Five	310
Finance Lease, Liability, Payment, Due	356
Assets and Liabilities, Lessee [Abstract]
Finance Lease, Right-of-Use Asset	160	125
Operating Lease, Right-of-Use Asset	356	278
Right-of-use Asset, Operating and Financing	516	403
Finance Lease, Liability, Current	6	6
Finance Lease, Liability, Noncurrent	169	128
Finance Lease, Liability	175	134
Operating Lease, Liability, Current	26	20
Operating Lease, Liability, Noncurrent	374	294
Lease Liability, Operating and Financing	575	448
Operating Lease, Payments	54	39
Finance Lease, Principal Payments	22	2
Operating Lease, Liability	400	$ 314
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
Lessee, Operating Lease, Liability, Payments, Due Next Twelve Months	36
Lessee, Operating Lease, Liability, Payments, Due Year Two	35
Lessee, Operating Lease, Liability, Payments, Due Year Three	33
Lessee, Operating Lease, Liability, Payments, Due Year Four	32
Lessee, Operating Lease, Liability, Payments, Due Year Five	30
Lessee, Operating Lease, Liability, Payments, Due after Year Five	650
Lessee, Operating Lease, Liability, Payments, Due	$ 816
Lease, Cost [Abstract]
Finance Lease, Weighted Average Remaining Lease Term	33 years	32 years
Operating Lease, Weighted Average Remaining Lease Term	25 years	23 years
Finance Lease, Weighted Average Discount Rate, Percent	4.59%	4.65%
Operating Lease, Weighted Average Discount Rate, Percent	6.22%	6.70%
Operating Lease, Cost	$ 46	$ 36
Finance Lease, Right-of-Use Asset, Amortization	8	4
Finance Lease, Interest Expense	8	4
Short-term Lease, Cost	28	21
Variable Lease, Cost	1	1
Lease, Cost	$ 91	$ 66
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Property, Plant and Equipment, Net	Property, Plant and Equipment, Net
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other assets	Other assets
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Non Recourse Debt Current	Non Recourse Debt Current
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Non Recourse Debt Non Current	Non Recourse Debt Non Current
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Accrued and other liabilities	Accrued and other liabilities
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other long-term liabilities	Other long-term liabilities

Leases Lessor (Details)

Leases Lessor (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2022	Dec. 31, 2021
Lessor, Lease, Description [Line Items]
Loss from Catastrophes	$ 20
Operating Lease, Right-of-Use Asset		$ 356	$ 278
Sales-type Lease, Variable Lease Income		2	3
Sales-type Lease, Interest Income		23	15
Operating Lease, Lease Income		527	595
Lease Income		478	520
Variable Lease, Income		49	75
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment		8,651	$ 8,486
Sales-type and Direct Financing Leases, Lease Receivable, Fiscal Year Maturity [Abstract]
Sales-type and Direct Financing Leases, Lease Receivable, Payments to be Received, Next Twelve Months		25
Sales-type and Direct Financing Leases, Lease Receivable, Payments to be Received, Two Years		25
Sales-type and Direct Financing Leases, Lease Receivable, Payments to be Received, Three Years		25
Sales-type and Direct Financing Leases, Lease Receivable, Payments to be Received, Four Years		25
Sales-type and Direct Financing Leases, Lease Receivable, Payments to be Received, Five Years		25
Sales-type and Direct Financing Leases, Lease Receivable, Payments to be Received, Thereafter		367
Sales-type and Direct Financing Leases, Lease Receivable, Payments to be Received		492
Sales-type and Direct Financing Leases, Lease Receivable, Undiscounted Excess Amount		264
Sales-type and Direct Financing Leases, Lease Receivable		228
Lessor, Operating Lease, Payments, Fiscal Year Maturity [Abstract]
Lessor, Operating Lease, Payments to be Received, Next Twelve Months		387
Lessor, Operating Lease, Payments to be Received, Two Years		387
Lessor, Operating Lease, Payments to be Received, Three Years		388
Lessor, Operating Lease, Payments to be Received, Four Years		279
Lessor, Operating Lease, Payments to be Received, Five Years		203
Lessor, Operating Lease, Payments to be Received, Thereafter		545
Lessor, Operating Lease, Payments to be Received		$ 2,189
Operating Lease, Lease Income, Statement of Income or Comprehensive Income [Extensible Enumeration]		Revenues	Revenues
Property, Plant and Equipment [Member]
Lessor, Lease, Description [Line Items]
Operating Lease, Right-of-Use Asset		$ 1,319	$ 2,423
Assets
Lessor, Lease, Description [Line Items]
Operating Lease, Right-of-Use Asset		1,180	1,658
Accumulated Amortization on PP&E [Member]
Lessor, Lease, Description [Line Items]
Operating Lease, Right-of-Use Asset		$ 139	765
AES Renewable Holdings
Lessor, Lease, Description [Line Items]
Sales-type Lease, Selling Profit (Loss)			$ (13)

Benefit Plans (Level 3 Roll For

Benefit Plans (Level 3 Roll Forward) (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021
Foreign Plan [Member]
Change in plan assets:
Fair value of plan assets, beginning period		$ 106	$ 112
Effect of foreign currency exchange rate changes		9	(8)
Fair value of plan assets, ending period		114	106
UNITED STATES
Change in plan assets:
Fair value of plan assets, beginning period		1,218	1,249
Effect of foreign currency exchange rate changes		0	0
Fair value of plan assets, ending period		911	1,218
Mutual funds | Foreign Plan [Member]
Change in plan assets:
Fair value of plan assets, beginning period	[1]	87
Fair value of plan assets, ending period	[1]	105	87
Mutual funds | UNITED STATES
Change in plan assets:
Fair value of plan assets, beginning period		833
Fair value of plan assets, ending period		704	833
Cash and Cash Equivalents [Member] | UNITED STATES
Change in plan assets:
Fair value of plan assets, beginning period		4
Fair value of plan assets, ending period		5	4
Private equity | Foreign Plan [Member]
Change in plan assets:
Fair value of plan assets, beginning period		1
Fair value of plan assets, ending period		1	1
Real estate | Foreign Plan [Member]
Change in plan assets:
Fair value of plan assets, beginning period		1
Fair value of plan assets, ending period		1	1
Other assets | Foreign Plan [Member]
Change in plan assets:
Fair value of plan assets, beginning period		2
Fair value of plan assets, ending period		4	2
Equity Funds [Member] | Foreign Plan [Member]
Change in plan assets:
Fair value of plan assets, beginning period		15
Fair value of plan assets, ending period		3	15
Equity Funds [Member] | UNITED STATES
Change in plan assets:
Fair value of plan assets, beginning period		381
Fair value of plan assets, ending period		202	381
Level 3 | Foreign Plan [Member]
Change in plan assets:
Fair value of plan assets, beginning period		3
Fair value of plan assets, ending period		3	3
Level 3 | UNITED STATES
Change in plan assets:
Fair value of plan assets, beginning period		0
Fair value of plan assets, ending period		0	0
Level 3 | Mutual funds | Foreign Plan [Member]
Change in plan assets:
Fair value of plan assets, beginning period		0
Fair value of plan assets, ending period		0	0
Level 3 | Mutual funds | UNITED STATES
Change in plan assets:
Fair value of plan assets, beginning period		0
Fair value of plan assets, ending period		0	0
Level 3 | Cash and Cash Equivalents [Member] | UNITED STATES
Change in plan assets:
Fair value of plan assets, beginning period		0
Fair value of plan assets, ending period		0	0
Level 3 | Private equity | Foreign Plan [Member]
Change in plan assets:
Fair value of plan assets, beginning period		1
Fair value of plan assets, ending period		1	1
Level 3 | Real estate | Foreign Plan [Member]
Change in plan assets:
Fair value of plan assets, beginning period		1
Fair value of plan assets, ending period		1	1
Level 3 | Other assets | Foreign Plan [Member]
Change in plan assets:
Fair value of plan assets, beginning period		1
Fair value of plan assets, ending period		1	1
Level 3 | Equity Funds [Member] | Foreign Plan [Member]
Change in plan assets:
Fair value of plan assets, beginning period		0
Fair value of plan assets, ending period		0	0
Level 3 | Equity Funds [Member] | UNITED STATES
Change in plan assets:
Fair value of plan assets, beginning period		0
Fair value of plan assets, ending period		0	0
Level 1 | Foreign Plan [Member]
Change in plan assets:
Fair value of plan assets, beginning period		34
Fair value of plan assets, ending period		36	34
Level 1 | UNITED STATES
Change in plan assets:
Fair value of plan assets, beginning period		4
Fair value of plan assets, ending period		5	4
Level 1 | Mutual funds | Foreign Plan [Member]
Change in plan assets:
Fair value of plan assets, beginning period		18
Fair value of plan assets, ending period		35	18
Level 1 | Mutual funds | UNITED STATES
Change in plan assets:
Fair value of plan assets, beginning period		0
Fair value of plan assets, ending period		0	0
Level 1 | Cash and Cash Equivalents [Member] | UNITED STATES
Change in plan assets:
Fair value of plan assets, beginning period		4
Fair value of plan assets, ending period		5	4
Level 1 | Private equity | Foreign Plan [Member]
Change in plan assets:
Fair value of plan assets, beginning period		0
Fair value of plan assets, ending period		0	0
Level 1 | Real estate | Foreign Plan [Member]
Change in plan assets:
Fair value of plan assets, beginning period		0
Fair value of plan assets, ending period		0	0
Level 1 | Other assets | Foreign Plan [Member]
Change in plan assets:
Fair value of plan assets, beginning period		1
Fair value of plan assets, ending period		1	1
Level 1 | Equity Funds [Member] | Foreign Plan [Member]
Change in plan assets:
Fair value of plan assets, beginning period		15
Fair value of plan assets, ending period		0	15
Level 1 | Equity Funds [Member] | UNITED STATES
Change in plan assets:
Fair value of plan assets, beginning period		0
Fair value of plan assets, ending period		0	0
Level 2 | Foreign Plan [Member]
Change in plan assets:
Fair value of plan assets, beginning period		69
Fair value of plan assets, ending period		75	69
Level 2 | UNITED STATES
Change in plan assets:
Fair value of plan assets, beginning period		1,214
Fair value of plan assets, ending period		906	1,214
Level 2 | Mutual funds | Foreign Plan [Member]
Change in plan assets:
Fair value of plan assets, beginning period		69
Fair value of plan assets, ending period		70	69
Level 2 | Mutual funds | UNITED STATES
Change in plan assets:
Fair value of plan assets, beginning period		833
Fair value of plan assets, ending period		704	833
Level 2 | Cash and Cash Equivalents [Member] | UNITED STATES
Change in plan assets:
Fair value of plan assets, beginning period		0
Fair value of plan assets, ending period		0	0
Level 2 | Private equity | Foreign Plan [Member]
Change in plan assets:
Fair value of plan assets, beginning period		0
Fair value of plan assets, ending period		0	0
Level 2 | Real estate | Foreign Plan [Member]
Change in plan assets:
Fair value of plan assets, beginning period		0
Fair value of plan assets, ending period		0	0
Level 2 | Other assets | Foreign Plan [Member]
Change in plan assets:
Fair value of plan assets, beginning period		0
Fair value of plan assets, ending period		2	0
Level 2 | Equity Funds [Member] | Foreign Plan [Member]
Change in plan assets:
Fair value of plan assets, beginning period		0
Fair value of plan assets, ending period		3	0
Level 2 | Equity Funds [Member] | UNITED STATES
Change in plan assets:
Fair value of plan assets, beginning period		381
Fair value of plan assets, ending period		$ 202	$ 381
[1]Mutual funds categorized as debt securities consist of mutual funds for which debt securities are the primary underlying investment

Benefit Plans (Narrative) (Deta

Benefit Plans (Narrative) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) plan	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Defined Benefit Plan Disclosure [Line Items]
Defined contribution plan, number of plans	4
U.S. Non-Union Number of Defined Contribution Plans	2
Parent Company Number of Defined Contribution Plans	1
DPL Number of Non-Union Defined Contribution Plans	1
Defined contribution plan, award vesting period	5 years
Defined contribution plan contributions | $	$ 31	$ 26	$ 21
UNITED STATES
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, number of plans disclosure	5

Benefit Plans (Net Funded Statu

Benefit Plans (Net Funded Status) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
UNITED STATES
Change in projected benefit obligation:
Benefit obligation, beginning period	$ 1,225	$ 1,331
Service cost	14	14	$ 12
Interest cost	28	24	35
Plan amendments	0	8
Defined Benefit Plan, Benefit Obligation, (Increase) Decrease for Curtailment	0	0
Defined Benefit Plan, Benefit Obligation, (Increase) Decrease for Settlement	0	0
Defined Benefit Plan, Benefit Obligation, Benefits Paid	(65)	(101)
Defined Benefit Plan, Plan Assets, Divestiture	0	0
Actuarial (gain) loss	(288)	(51)
Effect of foreign currency exchange rate changes	0	0
Benefit obligation, ending period	914	1,225	1,331
Change in plan assets:
Fair value of plan assets, beginning period	1,218	1,249
Actual return on plan assets	(250)	60
Employer contributions	8	10
Defined Benefit Plan, Plan Assets, Payment for Settlement	0	0
Defined Benefit Plan, Plan Assets, Benefits Paid	(65)	(101)
Effect of foreign currency exchange rate changes	0	0
Fair value of plan assets, ending period	911	1,218	1,249
Funded status as of December 31	(3)	(7)
Foreign Plan [Member]
Change in projected benefit obligation:
Benefit obligation, beginning period	173	218
Service cost	4	6	6
Interest cost	17	15	14
Defined Benefit Plan, Benefit Obligation, Interest cost	17	15
Plan amendments	0	0
Defined Benefit Plan, Benefit Obligation, (Increase) Decrease for Curtailment	0	(23)
Defined Benefit Plan, Benefit Obligation, (Increase) Decrease for Settlement	0	(1)
Defined Benefit Plan, Benefit Obligation, Benefits Paid	(13)	(10)
Defined Benefit Plan, Plan Assets, Divestiture	(1)	0
Actuarial (gain) loss	(11)	(16)
Effect of foreign currency exchange rate changes	8	(16)
Benefit obligation, ending period	177	173	218
Change in plan assets:
Fair value of plan assets, beginning period	106	112
Actual return on plan assets	7	9
Employer contributions	5	4
Defined Benefit Plan, Plan Assets, Payment for Settlement	0	(1)
Defined Benefit Plan, Plan Assets, Benefits Paid	(13)	(10)
Effect of foreign currency exchange rate changes	9	(8)
Fair value of plan assets, ending period	114	106	$ 112
Funded status as of December 31	$ (63)	$ (67)

Benefit Plans (Amounts Recogniz

Benefit Plans (Amounts Recognized in the Consolidated Balance Sheets) (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
UNITED STATES
AMOUNTS RECOGNIZED ON THE CONSOLIDATED BALANCE SHEETS
Noncurrent assets	$ 34	$ 49
Accrued benefit liability—current	0	0
Accrued benefit liability—noncurrent	(37)	(56)
Net amount recognized at end of year	(3)	(7)
Foreign Plan [Member]
AMOUNTS RECOGNIZED ON THE CONSOLIDATED BALANCE SHEETS
Noncurrent assets	7	7
Accrued benefit liability—current	(8)	(7)
Accrued benefit liability—noncurrent	(62)	(67)
Net amount recognized at end of year	$ (63)	$ (67)

Benefit Plans (Accumulated Bene

Benefit Plans (Accumulated Benefit Obligation) (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
UNITED STATES
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation	$ 900	$ 1,199
Information for pension plans with an accumulated benefit obligation in excess of plan assets:
Projected benefit obligation	340	458
Accumulated benefit obligation	333	442
Fair value of plan assets	304	402
Information for pension plans with a projected benefit obligation in excess of plan assets:
Projected benefit obligation	340	458
Fair value of plan assets	304	402
Foreign Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation	170	165
Information for pension plans with an accumulated benefit obligation in excess of plan assets:
Projected benefit obligation	169	165
Accumulated benefit obligation	163	159
Fair value of plan assets	98	91
Information for pension plans with a projected benefit obligation in excess of plan assets:
Projected benefit obligation	169	165
Fair value of plan assets	$ 98	$ 91

Benefit Plans Benefit Plans (We

Benefit Plans Benefit Plans (Weighted Average Assumptions) (Details)		12 Months Ended
		Dec. 31, 2022 Rate	Dec. 31, 2021 Rate
UNITED STATES
Benefit Obligation:
Discount rate		5.41%	2.82%
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Rate of Compensation Increase		2.75%	2.75%
Periodic Benefit Cost:
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate		2.82%	2.45%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Rate of Return on Plan Assets		4.50%	4.91%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Rate of Compensation Increase		2.75%	2.75%
Foreign Plan [Member]
Benefit Obligation:
Discount rate		13.23%	10.45%
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Rate of Compensation Increase		11.06%	7.76%
Periodic Benefit Cost:
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate	[1]	10.45%	7.53%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Rate of Return on Plan Assets		6.36%	8.02%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Rate of Compensation Increase		7.76%	5.69%
[1]Includes an inflation factor that is used to calculate future periodic benefit cost, but is not used to calculate the benefit obligation

Benefit Plans (Impact of One Po

Benefit Plans (Impact of One Point Change in Assumptions) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($)
Defined Benefit Plan Assumptions Sensitivity To Changes [Abstract]
Increase of 1% in the discount rate	$ (1)
Decrease of 1% in the discount rate	4
Increase of 1% in the long-term rate of return on plan assets	(13)
Decrease of 1% in the long-term rate of return on plan assets	$ 13

Benefit Plans (Net Periodic Ben

Benefit Plans (Net Periodic Benefit Cost) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Foreign Plan [Member]
Components of Net Periodic Benefit Cost:
Service cost	$ 4	$ 6	$ 6
Interest cost	17	15	14
Expected return on plan assets	(7)	(8)	(7)
Amortization of prior service cost	0	0	0
Amortization of net loss	1	3	2
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment	0	(17)	0
Total pension cost	15	(1)	15
UNITED STATES
Components of Net Periodic Benefit Cost:
Service cost	14	14	12
Interest cost	28	24	35
Expected return on plan assets	(53)	(59)	(58)
Amortization of prior service cost	4	4	5
Amortization of net loss	8	15	14
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment	0	0	0
Total pension cost	$ 1	$ (2)	$ 8

Benefit Plans (Accumulated Othe

Benefit Plans (Accumulated Other Comprehensive Income (Loss)) (Details) $ in Millions	Dec. 31, 2022 USD ($)
UNITED STATES
Accumulated Other Comprehensive Income (Loss)
Prior service cost	$ (3)
Unrecognized net actuarial loss	(20)
Total	(23)
Foreign Plan [Member]
Accumulated Other Comprehensive Income (Loss)
Prior service cost	3
Unrecognized net actuarial loss	(27)
Total	$ (24)

Benefit Plans (Plan Asset Alloc

Benefit Plans (Plan Asset Allocations) (Details)	Dec. 31, 2022 Rate	Dec. 31, 2021 Rate
UNITED STATES
Defined Benefit Plan Disclosure [Line Items]
Percentage of Plan Assets	100%	100%
Foreign Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of Plan Assets	100%	100%
Equity securities | UNITED STATES
Defined Benefit Plan Disclosure [Line Items]
Target Allocations	22%
Percentage of Plan Assets	22.17%	31.26%
Equity securities | Foreign Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocations	12%
Percentage of Plan Assets	3.53%	14.76%
Debt securities | UNITED STATES
Defined Benefit Plan Disclosure [Line Items]
Target Allocations	78%
Percentage of Plan Assets	77.28%	68.37%
Debt securities | Foreign Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocations	82%
Percentage of Plan Assets	92.14%	82.40%
Real estate | UNITED STATES
Defined Benefit Plan Disclosure [Line Items]
Target Allocations	0%
Percentage of Plan Assets	0%	0%
Real estate | Foreign Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocations	2%
Percentage of Plan Assets	1.09%	1.11%
Other | UNITED STATES
Defined Benefit Plan Disclosure [Line Items]
Target Allocations	0%
Percentage of Plan Assets	0.55%	0.37%
Other | Foreign Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocations	4%
Percentage of Plan Assets	3.24%	1.73%

Benefit Plans (Fair Value of Pl

Benefit Plans (Fair Value of Plan Assets) (Details) - USD ($) $ in Millions		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
UNITED STATES
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		$ 911	$ 1,218	$ 1,249
UNITED STATES | Level 1
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		5	4
UNITED STATES | Level 2
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		906	1,214
UNITED STATES | Level 3
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		0	0
UNITED STATES | Mutual funds
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		704	833
UNITED STATES | Mutual funds | Level 1
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		0	0
UNITED STATES | Mutual funds | Level 2
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		704	833
UNITED STATES | Mutual funds | Level 3
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		0	0
UNITED STATES | Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		5	4
UNITED STATES | Cash and Cash Equivalents [Member] | Level 1
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		5	4
UNITED STATES | Cash and Cash Equivalents [Member] | Level 2
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		0	0
UNITED STATES | Cash and Cash Equivalents [Member] | Level 3
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		0	0
UNITED STATES | Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		202	381
UNITED STATES | Equity Funds [Member] | Level 1
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		0	0
UNITED STATES | Equity Funds [Member] | Level 2
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		202	381
UNITED STATES | Equity Funds [Member] | Level 3
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		0	0
Foreign Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		114	106	$ 112
Foreign Plan [Member] | Level 1
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		36	34
Foreign Plan [Member] | Level 2
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		75	69
Foreign Plan [Member] | Level 3
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		3	3
Foreign Plan [Member] | Private equity
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		1	1
Foreign Plan [Member] | Private equity | Level 1
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		0	0
Foreign Plan [Member] | Private equity | Level 2
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		0	0
Foreign Plan [Member] | Private equity | Level 3
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		1	1
Foreign Plan [Member] | Mutual funds
Defined Benefit Plan Disclosure [Line Items]
Total plan assets	[1]	105	87
Foreign Plan [Member] | Mutual funds | Level 1
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		35	18
Foreign Plan [Member] | Mutual funds | Level 2
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		70	69
Foreign Plan [Member] | Mutual funds | Level 3
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		0	0
Foreign Plan [Member] | Real estate
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		1	1
Foreign Plan [Member] | Real estate | Level 1
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		0	0
Foreign Plan [Member] | Real estate | Level 2
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		0	0
Foreign Plan [Member] | Real estate | Level 3
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		1	1
Foreign Plan [Member] | Other assets
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		4	2
Foreign Plan [Member] | Other assets | Level 1
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		1	1
Foreign Plan [Member] | Other assets | Level 2
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		2	0
Foreign Plan [Member] | Other assets | Level 3
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		1	1
Foreign Plan [Member] | Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		3	15
Foreign Plan [Member] | Equity Funds [Member] | Level 1
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		0	15
Foreign Plan [Member] | Equity Funds [Member] | Level 2
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		3	0
Foreign Plan [Member] | Equity Funds [Member] | Level 3
Defined Benefit Plan Disclosure [Line Items]
Total plan assets		$ 0	$ 0
[1]Mutual funds categorized as debt securities consist of mutual funds for which debt securities are the primary underlying investment

Benefit Plans (Expected Future

Benefit Plans (Expected Future Benefit Payments) (Details) $ in Millions	Dec. 31, 2022 USD ($)
UNITED STATES
Defined Benefit Plan Disclosure [Line Items]
Expected employer contribution in 2023	$ 8
Expected benefit payments for fiscal year ending:
2023	68
2024	69
2025	69
2026	69
2027	69
2028 - 2032	342
Foreign Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected employer contribution in 2023	10
Expected benefit payments for fiscal year ending:
2023	18
2024	16
2025	17
2026	19
2027	21
2028 - 2032	$ 125

Equity (Equity Units) (Details)

Equity (Equity Units) (Details) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) $ / shares shares	Dec. 31, 2021 USD ($) $ / shares shares	Mar. 31, 2021 USD ($)	Mar. 04, 2021 $ / shares
Equity [Abstract]
Equity Unit, Shares Issued | shares	10,430,500
Corporate Equity Unit, Stated Value Per Share | $ / shares	$ 100
Preferred Stock, Beneficial Ownership Interest in One Share	0.10
Preferred Stock, Dividend Rate, Percentage	0%
Preferred Stock, Liquidation Preference Per Share | $ / shares	$ 1,000
Proceeds from Equity Units, net of underwriting costs and commissions, before offering expenses	$ 1,000
Preferred Stock, Shares Issued | shares	1,043,050
Preferred stock (without par value, 50,000,000 shares authorized; 1,043,050 issued and outstanding at December 31, 2022 and December 31, 2021)	$ 838	$ 838
Forward Contract Indexed to Issuer's Equity, Forward Rate Per Share | $ / shares	$ 100	$ 100
Forward Contract Indexed to Issuer's Equity, Shares | shares	57,292,650
Forward Contract Indexed to Issuer's Equity, Settlement Rate | shares	3.8691	3.864
Shares Issued, Price Per Share | $ / shares	$ 25.85			$ 25.88
Forward Contract Indexed to Issuer's Equity, Interest Rate	0.06875
Forward Contract Indexed to Issuer's Equity, Present Value of Interest Payments	$ 89		$ 205
Accretion Expense	$ 5
Preferred Shares Deliverable Upon Early Settlement of Purchase Contracts	0.85
Corporate Unit, Notional Value	$ 1,043

Equity (Transactions with Nonco

Equity (Transactions with Noncontrolling Interests) (Details) - USD ($)	3 Months Ended								9 Months Ended			12 Months Ended
	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020	Sep. 30, 2020	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Sep. 13, 2021	Jan. 01, 2020	Dec. 31, 2019
Noncontrolling Interest [Line Items]
Gain (Loss) on Disposition of Business				$ (1,800,000,000)								$ (9,000,000)	$ (1,683,000,000)	$ (95,000,000)
Adjustments to Additional Paid in Capital, Other												13,000,000
Stockholders' Equity Attributable to Parent	$ 2,437,000,000			2,798,000,000								2,437,000,000	2,798,000,000
Additional Paid in Capital	6,688,000,000			7,106,000,000								6,688,000,000	7,106,000,000
Accumulated Other Comprehensive Income (Loss), Net of Tax	(1,640,000,000)			(2,220,000,000)			$ (2,397,000,000)					(1,640,000,000)	(2,220,000,000)	(2,397,000,000)
Contributions from noncontrolling interests												233,000,000	365,000,000	$ 1,000,000
Retained Earnings (Accumulated Deficit)	$ (1,635,000,000)			$ (1,089,000,000)								$ (1,635,000,000)	$ (1,089,000,000)			$ (731,000,000)	$ (692,000,000)
AES Brasil
Noncontrolling Interest [Line Items]
Equity Method Investment, Ownership Percentage				100%									100%
sPower [Member]
Noncontrolling Interest [Line Items]
Equity Method Investment, Ownership Percentage	50%			50%								50%	50%
AES Tiete [Domain]
Noncontrolling Interest [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent							44.10%							44.10%
Chile Renovables SpA
Noncontrolling Interest [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent					51%					51%
AES Brasil
Noncontrolling Interest [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent				46.70%	45.70%					45.70%			46.70%
AES Brasil [Domain]
Noncontrolling Interest [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent	47.40%											47.40%
AES Andes
Noncontrolling Interest [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent	99%											99%
Ownership interest acquired in subsidiary	1%											1%
AES Southland [Domain]
Noncontrolling Interest [Line Items]
Adjustments to Additional Paid in Capital, Other												$ 94,000,000
Sale of Stock, Percentage of Ownership after Transaction												50.10%		65%
Additional Paid in Capital							$ 266,000,000							$ 266,000,000
Sale of Stock, Consideration Received on Transaction														424,000,000
Stockholders' Equity, Period Increase (Decrease)												$ 91,000,000		$ 275,000,000
Payments to Acquire Additional Interest in Subsidiaries												157,000,000
Sale of Stock, Description of Transaction														35
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Changes, Purchase of Interest by Parent												0.149
Reclassification from AOCI, Current Period, Net of Tax, Attributable to Parent												3,000,000		$ 9,000,000
AES Tiete
Noncontrolling Interest [Line Items]
Adjustments to Additional Paid in Capital, Other														94,000,000
Stockholders' Equity, Period Increase (Decrease)														214,000,000
Payments to Acquire Additional Interest in Subsidiaries							16,000,000				$ 240,000,000
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Changes, Purchase of Interest by Parent							$ 0.013				0.185
Reclassification from AOCI, Current Period, Net of Tax, Attributable to Parent														$ 120,000,000
AES Gener
Noncontrolling Interest [Line Items]
Sale of Stock, Percentage of Ownership after Transaction								38%
Preferred Stock, Participation Rights								12 million
Sale of Stock, Consideration Received on Transaction								$ 113,000,000
Sale of Stock, Description of Transaction								5
Investments								$ 113,000,000			$ 113,000,000
Chile Renovables SpA
Noncontrolling Interest [Line Items]
Adjustments to Additional Paid in Capital, Other		$ 12,000,000	$ 9,000,000
Sale of Stock, Consideration Received on Transaction		80,000,000	37,000,000		$ 53,000,000
Stockholders' Equity, Period Increase (Decrease)		$ 68,000,000	28,000,000
Sale of Stock, Description of Transaction					49
Indirect ownership percentage in subsidiary by parent					34%					34%
Guaimbe Solar Complex [Member]
Noncontrolling Interest [Line Items]
Sale of Stock, Percentage of Ownership before Transaction						45.30%
Sale of Stock, Percentage of Ownership after Transaction						36.30%
Sale of Stock, Consideration Received on Transaction						$ 158,000,000
Sale of Stock, Description of Transaction						19.9
AES Andes
Noncontrolling Interest [Line Items]
Adjustments to Additional Paid in Capital, Other												$ 96,000,000
Sale of Stock, Percentage of Ownership before Transaction												67.10%	67.10%	67%
Sale of Stock, Percentage of Ownership after Transaction												98%	67%	67.10%
Sale of Stock, Consideration Received on Transaction	$ 172,000,000		$ 522,000,000
Stockholders' Equity, Period Increase (Decrease)													$ 3,000,000
Reclassification from AOCI, Current Period, Net of Tax, Attributable to Parent												$ 76,000,000
Stock Issued During Period, Shares, New Issues														1,980,000,000
Common Stock, Shares Subscribed but Unissued							1,350,000,000							1,350,000,000
Investment Owned, at Cost	$ 22,000,000						$ 205,000,000					22,000,000		$ 205,000,000
Other Noncontrolling Interests							$ 629,000,000							629,000,000
Contributions from noncontrolling interests														94,000,000
Colon [Domain]
Noncontrolling Interest [Line Items]
Adjustments to Additional Paid in Capital, Other					$ 8,000,000
Stockholders' Equity, Period Increase (Decrease)					12,000,000
Reclassification from AOCI, Current Period, Net of Tax, Attributable to Parent					$ 4,000,000
Redeemable noncontrolling interest, percentage acquired by parent															49.90%
AES Brasil
Noncontrolling Interest [Line Items]
Adjustments to Additional Paid in Capital, Other										$ 6,000,000		10,000,000
Stockholders' Equity, Period Increase (Decrease)				$ 7,000,000						13,000,000		98,000,000
Payments to Acquire Additional Interest in Subsidiaries									$ 17,000,000
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Changes, Purchase of Interest by Parent									$ 0.016
Reclassification from AOCI, Current Period, Net of Tax, Attributable to Parent										$ 7,000,000		3,000,000
Stock Issued During Period, Shares, New Issues				93,000,000
AES Brasil | Private Placement
Noncontrolling Interest [Line Items]
Subsidiary or Equity Method Investee, Cumulative Number of Shares Issued for All Transactions	107,000,000								116,000,000
Sale of Stock, Number of Shares Issued in Transaction	53,000,000								54,000,000
Alto Maipo
Noncontrolling Interest [Line Items]
Stockholders' Equity, Period Increase (Decrease)	$ 182,000,000
Reclassification from AOCI, Current Period, Net of Tax, Attributable to Parent	177,000,000
Retained Earnings (Accumulated Deficit)	$ 5,000,000											5,000,000
AES Clean Energy
Noncontrolling Interest [Line Items]
Sales to noncontrolling interests												230,000,000
AES Renewable Holdings
Noncontrolling Interest [Line Items]
Sales to noncontrolling interests												88,000,000	127,000,000	144,000,000
Ventus Wind Complex [Member]
Noncontrolling Interest [Line Items]
Sale of Stock, Percentage of Ownership after Transaction			35.80%
Sale of Stock, Consideration Received on Transaction			$ 63,000,000
Sale of Stock, Description of Transaction			3.5
Additional Paid-in Capital [Member]
Noncontrolling Interest [Line Items]
Sales to noncontrolling interests												78,000,000	(7,000,000)	260,000,000
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests												$ 78,000,000	$ 9,000,000	$ 89,000,000

Equity Equity - Net Income (Los

Equity Equity - Net Income (Loss) Attributable to The AES Corporation (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Equity [Abstract]
Net income (loss) attributable to The AES Corporation	$ (903)	$ 421	$ (179)	$ 115	$ (632)	$ 343	$ 28	$ (148)	$ (546)	$ (409)	$ 46
Transfers from the noncontrolling interest:
Net transfers (to) from noncontrolling interest									0	(16)	171
Change from net income (loss) attributable to The AES Corporation and transfers (to) from noncontrolling interests									(546)	(425)	217
Additional Paid-in Capital [Member]
Transfers from the noncontrolling interest:
Increase (decrease) in The AES Corporation's paid-in capital for sale of subsidiary shares									78	(7)	260
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests									(78)	(9)	(89)
Retained Earnings [Member]
Transfers from the noncontrolling interest:
Increase (decrease) in The AES Corporation's paid-in capital for sale of subsidiary shares									0	0	0
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests									$ 0	$ 0	$ 0

Equity (Accumulated Other Compr

Equity (Accumulated Other Comprehensive Loss) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax, Beginning Balance	$ (1,734)	$ (1,644)
Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net of Tax, Beginning Balance	(30)	(54)
Accumulated Other Comprehensive Income (Loss), Net of Tax, Beginning Balance	(2,220)	(2,397)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	618	(70)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	44	258
Reclassification to earnings, net of income tax expense of $9, $105, and $17, respectively	(59)	(387)	$ (74)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	(36)	(127)	140
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	14	27	(13)
Other Comprehensive Income (Loss), Net of Tax	748	292	(167)
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax, Ending Balance	(1,828)	(1,734)	(1,644)
Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net of Tax, Ending Balance	(23)	(30)	(54)
AOCI, Cash Flow Hedge, Cumulative Gain (Loss), after Tax	211	(456)	(699)
Accumulated Other Comprehensive Income (Loss), Net of Tax, Ending Balance	(1,640)	(2,220)	(2,397)
Available-for-Sale securities, net
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	(37)	(86)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	0	3
Derivative gains (losses), net
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	645	(7)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	44	254
Unfunded pension obligations, net
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	10	23
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	0	1
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income (Loss) [Line Items]
Reclassification to earnings, net of income tax expense of $9, $105, and $17, respectively	689	247
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	(37)	(83)	192
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	10	24	(12)
Other Comprehensive Income (Loss), Net of Tax	662	188	$ (57)
ASC 606 Impact [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax, Beginning Balance	(7)
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax, Ending Balance		(7)
ASC 606 Impact [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax		(11)
ASC 606 Impact [Member] | Derivative gains (losses), net
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax		(4)
ASC 606 Impact [Member] | Unfunded pension obligations, net
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net of Tax, Beginning Balance	0
Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net of Tax, Ending Balance		$ 0
Accounting Standards Update 2017-12 [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	(82)
Accounting Standards Update 2017-12 [Member] | Available-for-Sale securities, net
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	(57)
Accounting Standards Update 2017-12 [Member] | Derivative gains (losses), net
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	(22)
Accounting Standards Update 2017-12 [Member] | Unfunded pension obligations, net
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	$ (3)

Equity (Reclassifications Out o

Equity (Reclassifications Out of AOCL) (Details) - USD ($) $ in Millions	3 Months Ended											12 Months Ended
	Dec. 31, 2022		Sep. 30, 2022	Jun. 30, 2022		Mar. 31, 2022		Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Gain (Loss) on Disposition of Business								$ (1,800)				$ (9)	$ (1,683)	$ (95)
Impairment expenses												(1,715)	(1,575)	(1,066)
Cost of Goods and Services Sold												10,069	8,430	6,967
General and administrative expenses												207	166	165
Other Expenses												(68)	(60)	(53)
Interest expense												(1,117)	(911)	(1,038)
Foreign currency transaction gains (losses)												(77)	(10)	55
Income from continuing operations before taxes and equity in earnings of affiliates												(169)	(1,064)	488
Income tax expense												265	(133)	216
Net equity in losses of affiliates												(71)	(24)	(123)
Income from continuing operations	$ (986)	[1]	$ 446	$ (136)	[1]	$ 171	[1]	(1,330)	$ 485	$ (81)	$ (29)	(505)	(955)	149
Net gain from disposal of discontinued operations												0	4	3
Net income								(1,330)	485	(77)	(29)	(505)	(951)	152
Net income attributable to The AES Corporation	$ (903)		$ 421	$ (179)		$ 115		$ (632)	$ 343	$ 28	$ (148)	(546)	(409)	46
Net Income (Loss) Attributable to Noncontrolling Interest												41	(542)		$ 106
Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net income attributable to The AES Corporation												(44)	(258)	(264)
Available-for-Sale securities, net | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Gain (Loss) on Disposition of Business												0	(3)	(192)
Net income attributable to The AES Corporation												0	(3)	(192)
Accumulated Net Gain (Loss) from Cash Flow Hedges Including Portion Attributable to Noncontrolling Interest [Member] | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Gain (Loss) on Disposition of Business												0	(362)	0
Impairment expenses												(16)	(13)	(10)
Revenue from Contract with Customer, Excluding Assessed Tax												(1)	(1)	(1)
Cost of Goods and Services Sold												(1)	1	(3)
Interest expense												(58)	(85)	(60)
Foreign currency transaction gains (losses)												2	(15)	(7)
Income tax expense												9	105	17
Net equity in losses of affiliates												6	(17)	(10)
Derivative gains (losses), net | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income from continuing operations before taxes and equity in earnings of affiliates												(74)	(475)	(81)
Income from continuing operations												(59)	(387)	(74)
Net income attributable to The AES Corporation												(44)	(254)	(72)
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Noncontrolling Interest [Member] | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net Income (Loss) Attributable to Noncontrolling Interest												15	133	2
Amortization of defined benefit pension actuarial losses, net | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income from continuing operations before taxes and equity in earnings of affiliates												(2)	(4)	0
Income from continuing operations												(1)	(1)	0
Net income attributable to The AES Corporation												0	(1)	0
Amortization of defined benefit pension actuarial losses, net | Reclassification out of Accumulated Other Comprehensive Income | Regulated Operation [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of Goods and Services Sold												0	0	(1)
Amortization of defined benefit pension actuarial losses, net | Reclassification out of Accumulated Other Comprehensive Income | Unregulated Operation [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of Goods and Services Sold												1	(1)	1
Accumulated Defined Benefit Plans Adjustment Attributable to Noncontrolling Interest [Member] | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net Income (Loss) Attributable to Noncontrolling Interest												1	0	0
Accumulated Defined Benefit Plans Adjustment Including Portion Attributable to Noncontrolling Interest [Member] | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other Expenses												(1)	(3)	0
Income tax expense												$ (1)	$ 3	$ 0
[1] Includes pre-tax impairment expense of $482 million, $50 million, and $230 million in the second, third, and fourth quarters of 2022, respectively (See Note 22— Asset Impairment Expense ), pre-tax goodwill impairment expense of $777 million in the fourth quarter of 2022 (See Note 9— Goodwill and Other Intangible Assets ), and other non-operating expense of $175 million in the fourth quarter of 2022 (See Note 8— Investments in and Advances to Equity Affiliates ).

Equity Equity (Dividends) (Deta

Equity Equity (Dividends) (Details) - USD ($) $ / shares in Units, $ in Millions		3 Months Ended								12 Months Ended		126 Months Ended
	Feb. 15, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Subsequent Event [Line Items]
Common Stock, Dividends, Per Share, Cash Paid		$ 0.1580	$ 0.1580	$ 0.1580	$ 0.1580
Dividends declared on common stock (per share amount)		$ 0.32	$ 0.16	$ 0	$ 0.16	$ 0.31	$ 0.15	$ 0	$ 0.15	$ 0.6399	$ 0.6095
Treasury Stock, Value, Acquired, Cost Method												$ 1,900
Acquisition of treasury stock (shares)												154,300,000
Treasury Stock Acquired, Average Cost Per Share												$ 12.12
Stock Repurchase Program, Remaining Authorized Repurchase Amount		$ 264								$ 264
Treasury stock, shares (in shares)		150,046,537				151,923,418				150,046,537	151,923,418
Subsequent Event
Subsequent Event [Line Items]
Common Stock, Dividends, Per Share, Cash Paid	$ 0.1659

Equity Equity (Stock Repurchase

Equity Equity (Stock Repurchases) (Details) - USD ($) $ / shares in Units, $ in Millions	126 Months Ended
	Dec. 31, 2020	Dec. 31, 2022	Dec. 31, 2021
Equity, Class of Treasury Stock [Line Items]
Stock Repurchase Program, Remaining Authorized Repurchase Amount		$ 264
Treasury Stock, Shares		150,046,537	151,923,418
Acquisition of treasury stock (shares)	154,300,000
Treasury Stock Acquired, Average Cost Per Share	$ 12.12
Treasury Stock, Value, Acquired, Cost Method	$ 1,900

Equity Deconsolidation (Details

Equity Deconsolidation (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain (Loss) on Disposition of Business	$ (1,800)	$ (9)	$ (1,683)	$ (95)

Segment and Geographic Inform_3

Segment and Geographic Information (Details)	12 Months Ended
	Dec. 31, 2022 segment
Segment Reporting Information [Line Items]
Number of Reportable Segments	4

Segments and Geographic Infor_2

Segments and Geographic Information Segment and Geographic Information ( Revenue by Segment) (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	$ 3,060	$ 3,627	$ 3,078	$ 2,852	$ 2,770	$ 3,036	$ 2,700	$ 2,635	$ 12,617	$ 11,141	$ 9,660
US and Utilities SBU
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues									5,013	4,335	3,918
South America
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues									3,539	3,541	3,159
MCAC [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues									2,868	2,157	1,766
EURASIA [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues									1,217	1,123	828
Corporate and Other
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues									(20)	(15)	(11)
Corporate, Non-Segment [Member] | Corporate and Other
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues									119	116	231
Intersegment Eliminations
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues									(139)	(131)	(242)
Operating Segments [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues									12,617	11,141	9,660
Operating Segments [Member] | US and Utilities SBU
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues									5,013	4,335	3,918
Operating Segments [Member] | South America
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues									3,539	3,541	3,159
Operating Segments [Member] | MCAC [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues									2,868	2,157	1,766
Operating Segments [Member] | EURASIA [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues									$ 1,217	$ 1,123	$ 828

Segments and Geographic Infor_3

Segments and Geographic Information Segment and Geographic Information (Adjusted Pre-Tax Contributions & Reconcilliation of Income Before Income Taxes) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment Reporting Information Adjusted Pretax Contribution	$ 1,567	$ 1,418	$ 1,247
Reconciliation To Income From Continuing Operations Before Taxes
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE TAXES AND EQUITY IN EARNINGS OF AFFILIATES	(169)	(1,064)	488
Net equity in losses of affiliates	(71)	(24)	(123)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	(96)	(644)	192
Pre-tax contribution	(336)	(444)	173
Unrealized derivative and equity securities losses (gains)	(128)	1	(3)
Unrealized foreign currency losses (gains)	(42)	(14)	10
Disposition/acquisition losses	(40)	(861)	(112)
Impairment losses	(1,658)	(1,153)	(928)
Loss on extinguishment of debt	(35)	(91)	(223)
Gain (Loss) on Contract Termination	0	(256)	(182)
Operating Segments | US and Utilities SBU
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment Reporting Information Adjusted Pretax Contribution	570	660	505
Reconciliation To Income From Continuing Operations Before Taxes
Net equity in losses of affiliates	54	83	(8)
Operating Segments | South America
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment Reporting Information Adjusted Pretax Contribution	573	423	534
Reconciliation To Income From Continuing Operations Before Taxes
Net equity in losses of affiliates	2	0	(80)
Operating Segments | MCAC SBU
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment Reporting Information Adjusted Pretax Contribution	559	314	287
Reconciliation To Income From Continuing Operations Before Taxes
Net equity in losses of affiliates	(14)	(23)	(11)
Operating Segments | EURASIA [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment Reporting Information Adjusted Pretax Contribution	192	196	177
Reconciliation To Income From Continuing Operations Before Taxes
Net equity in losses of affiliates	0	2	4
Intersegment Eliminations
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment Reporting Information Adjusted Pretax Contribution	(1)	7	0
Corporate, Non-Segment [Member] | Corporate and Other
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment Reporting Information Adjusted Pretax Contribution	(326)	(182)	(256)
Reconciliation To Income From Continuing Operations Before Taxes
Net equity in losses of affiliates	$ (113)	$ (86)	$ (28)

Segments and Geographic Infor_4

Segments and Geographic Information Segment and Geographic Information (Assets, Depreciation and Amortization and Capital Expenditures ) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Total Assets	$ 38,363	$ 32,963	$ 34,603
Depreciation and Amortization	1,053	1,056	1,068
Capital Expenditures	4,584	2,140	1,960
Interest Income	389	298	268
Interest Expense	1,117	911	1,038
Investments in and Advances to Affiliates	952	1,080	835
Net Equity in Earnings (Losses) of Affiliates	(71)	(24)	(123)
Operating Segments [Member] | US and Utilities SBU
Segment Reporting Information [Line Items]
Total Assets	20,531	16,512	14,464
Depreciation and Amortization	574	549	534
Capital Expenditures	3,352	1,115	1,099
Interest Income	50	28	17
Interest Expense	359	362	371
Investments in and Advances to Affiliates	453	510	568
Net Equity in Earnings (Losses) of Affiliates	54	83	(8)
Operating Segments [Member] | South America
Segment Reporting Information [Line Items]
Total Assets	9,423	7,728	11,329
Depreciation and Amortization	267	273	294
Capital Expenditures	1,071	833	650
Interest Income	177	100	64
Interest Expense	342	239	237
Investments in and Advances to Affiliates	22	19	13
Net Equity in Earnings (Losses) of Affiliates	2	0	(80)
Operating Segments [Member] | MCAC SBU
Segment Reporting Information [Line Items]
Total Assets	4,760	4,545	4,847
Depreciation and Amortization	155	155	164
Capital Expenditures	127	143	183
Interest Income	8	7	14
Interest Expense	150	139	157
Investments in and Advances to Affiliates	180	144	168
Net Equity in Earnings (Losses) of Affiliates	(14)	(23)	(11)
Operating Segments [Member] | EURASIA [Member]
Segment Reporting Information [Line Items]
Total Assets	2,870	3,466	3,621
Depreciation and Amortization	44	66	63
Capital Expenditures	23	20	9
Interest Income	151	161	171
Interest Expense	107	98	113
Investments in and Advances to Affiliates	11	0	1
Net Equity in Earnings (Losses) of Affiliates	0	2	4
Corporate, Non-Segment [Member] | Corporate and Other
Segment Reporting Information [Line Items]
Total Assets	779	712	342
Depreciation and Amortization	13	13	13
Capital Expenditures	11	29	19
Interest Income	3	2	2
Interest Expense	159	73	160
Investments in and Advances to Affiliates	286	407	85
Net Equity in Earnings (Losses) of Affiliates	$ (113)	$ (86)	$ (28)

Segments and Geographic Infor_5

Segments and Geographic Information Segment and Geographic Information (Revenue and Assets by Country) (Details) - USD ($) $ in Millions		3 Months Ended								12 Months Ended
		Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue		$ 3,060	$ 3,627	$ 3,078	$ 2,852	$ 2,770	$ 3,036	$ 2,700	$ 2,635	$ 12,617	$ 11,141	$ 9,660
Property, plant and equipment, net		23,039				19,906				23,039	19,906
Long-Lived Assets		23,395				20,183				23,395	20,183
UNITED STATES
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	[1]									4,093	3,531	3,243
Long-Lived Assets	[1]	13,833				11,034				13,833	11,034
Total Non-U.S.
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue										8,524	7,610	6,417
Long-Lived Assets		9,562				9,149				9,562	9,149
VIET NAM
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue										323	320	285
Long-Lived Assets		1				0				1	0
Brazil
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue										560	471	401
Long-Lived Assets		1,811				1,215				1,811	1,215
CHILE
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue										2,064	2,297	2,092
Long-Lived Assets		2,730				2,241				2,730	2,241
Dominican Republic
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue										1,591	1,087	896
Long-Lived Assets		1,013				892				1,013	892
El Salvador
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue										902	792	666
Long-Lived Assets		395				371				395	371
Colombia
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue										417	383	358
Long-Lived Assets		308				349				308	349
ARGENTINA
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue										501	390	308
Long-Lived Assets		461				470				461	470
Mexico
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue										595	471	349
Long-Lived Assets		409				614				409	614
BULGARIA
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue										790	700	444
Long-Lived Assets		487				1,020				487	1,020
Panama
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue										678	595	519
Long-Lived Assets		1,880				1,907				1,880	1,907
Puerto Rico
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	[1]									293	311	298
Long-Lived Assets	[1]	96				79				96	79
JORDAN
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue										102	98	96
Long-Lived Assets		41				42				41	42
Other Non-U.S.
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue										1	6	$ 3
Long-Lived Assets		$ 26				$ 28				$ 26	$ 28
[1]Includes Puerto Rico revenues of $293 million, $311 million, and $298 million for the years ended December 31, 2022, 2021, and 2020, respectively, and long-lived assets of $96 million and $79 million as of December 31, 2022 and 2021, respectively.

Share-Based Compensation (Stock

Share-Based Compensation (Stock Option Compensation Expense) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Pretax compensation expense	$ 23	$ 14	$ 21
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Pretax compensation expense	16	12	10
Tax benefit	(2)	(2)	(2)
Compensation expense, net of tax	$ 14	$ 10	$ 8
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition	2 years 1 month 28 days

Share-Based Compensation (Sto_2

Share-Based Compensation (Stock Option Activity) (Details) - Stock Options	12 Months Ended
	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Option Grant Price As Percent Of Market Price	100%
Weighted Average Exercise Price (in dollars per share):
Stock option contractual term	10 years

Share-Based Compensation (RSU C

Share-Based Compensation (RSU Compensation Expense) (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Pretax compensation expense		$ 23	$ 14	$ 21
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Pretax compensation expense		16	12	10
Tax benefit		(2)	(2)	(2)
Compensation expense, net of tax		14	10	8
Total value of RSUs converted	[1]	8	13	11
Total fair value of RSUs vested		$ 13	$ 10	$ 10
[1]Amount represents fair market value on the date of conversion.

Share-Based Compensation (RSU A

Share-Based Compensation (RSU Activity) (Details) - RSUs - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Based Compensation Estimated Forfeiture Rate Non Officers	5.27%
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition	2 years 1 month 28 days
RSUs (Number of Shares):
Nonvested at beginning of period	1,558
Vested	(576)	(634)	(806)
Forfeited and expired	(102)
Granted	821
Nonvested at end of period	1,701	1,558
Vested and expected to vest at end of period	1,572
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount	$ 25
Weighted Average Grant Date Fair Value (in dollars per share):
Nonvested at beginning of period	$ 24.14
Vested	22.33
Forfeited and expired	23.72
Granted	20.92
Nonvested at end of period	23.22	$ 24.14
Vested and expected to vest at end of period	$ 23.25
Nonvested at end of period, weighted average remaining vesting term	1 year 11 months 19 days
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Related To Current Current Year Grants Per Year	$ 16
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Related To Current Current Year Grants Per Year, Weighted Average Period of Amortization	3 years

Share-Based Compensation (RSUs

Share-Based Compensation (RSUs Vested and Converted) (Details) - RSUs - shares shares in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSUs vested during the year	576	634	806
RSUs converted during the year, net of shares withheld for taxes	380	452	547
Shares withheld for taxes	196	182	259

Share-Based Compensation (PSU A

Share-Based Compensation (PSU Activity) (Details) - PSUs	Dec. 31, 2022
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Award Payout Range	0%
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Award Payout Range	200%

Share-Based Compensation (Narra

Share-Based Compensation (Narrative) (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Pretax compensation expense	$ 23	$ 14	$ 21
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Based Compensation Estimated Forfeiture Rate Non Officers	5.27%
Pretax compensation expense	$ 16	$ 12	$ 10
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount	$ 25
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition	2 years 1 month 28 days
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	$ 23.22	$ 24.14
Weighted Average Grant Date Fair Value	$ 20.92
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Related To Current Current Year Grants Per Year	$ 16
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option grant price as percent of market price	100%
Stock option contractual term	10 years
Weighted Average [Member] | RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	$ 20.92	$ 26.46	$ 20.75
Minimum | PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Award Payout Range	0%
Maximum | PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Award Payout Range	200%

Redeemable Stock of Subsidiar_3

Redeemable Stock of Subsidiaries (Narrative) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) series	Dec. 31, 2021 USD ($)	Sep. 30, 2022	Sep. 13, 2021	Jun. 30, 2021 USD ($)	Mar. 31, 2021	Dec. 31, 2020 USD ($)
Temporary Equity [Line Items]
Temporary Equity, Accretion to Redemption Value	$ 0	$ 4
Redeemable Preferred Stock Dividends	(64)	0
Temporary equity carrying amount	1,321	1,257					$ 872
Temporary Equity, Stock Issued During Period, Value, New Issues	168	0
Temporary Equity, Net Income	(87)	(6)
Temporary Equity, Interest in Subsidiary Earnings	$ 67	579
Potengi
Temporary Equity [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent	35.50%
AIMCo
Temporary Equity [Line Items]
Temporary equity carrying amount					$ 81
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners			25%			25%
Colon
Temporary Equity [Line Items]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners				49.90%
Noncontrolling Interest [Member]
Temporary Equity [Line Items]
Temporary Equity, Other Changes	$ (60)	(211)
Colon [Domain]
Temporary Equity [Line Items]
Redeemable noncontrolling interest, percentage acquired by parent				49.90%
IPALCO Enterprises, Inc. [Member]
Temporary Equity [Line Items]
Redeemable Noncontrolling Interest, Equity, Common, Carrying Amount	782	700
IPL Subsidiary
Temporary Equity [Line Items]
Redeemable Noncontrolling Interest, Equity, Preferred, Carrying Amount	$ 0	60
Number of preferred stock series | series	5
AES Clean Energy
Temporary Equity [Line Items]
Redeemable Noncontrolling Interest, Equity, Preferred, Carrying Amount	$ 436	497
CDPQ
Temporary Equity [Line Items]
Limited Partners' Contributed Capital	77
Temporary Equity, Interest in Subsidiary Earnings	48	34
AES Clean Energy Development
Temporary Equity [Line Items]
Redeemable Noncontrolling Interest, Equity, Preferred, Carrying Amount	86	0
Temporary Equity, Stock Issued During Period, Value, New Issues	157
Potengi
Temporary Equity [Line Items]
Redeemable Noncontrolling Interest, Equity, Preferred, Carrying Amount	$ 17	0
Sale of Stock, Description of Transaction	24
Sale of Stock, Consideration Received on Transaction	$ 12
Other Comprehensive Income (Loss) [Member]
Temporary Equity [Line Items]
Temporary Equity, Other Changes	$ 40	$ 19

Revenue Disaggregation of Reven

Revenue Disaggregation of Revenue (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2022		Dec. 31, 2021		Dec. 31, 2020
Disaggregation of Revenue [Line Items]
Revenues	$ 3,060	$ 3,627	$ 3,078	$ 2,852	$ 2,770	$ 3,036	$ 2,700	$ 2,635	$ 12,617		$ 11,141		$ 9,660
Loan receivable, net of allowance of $26	$ 1,051				$ 0				1,051		0
Regulated Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Including Assessed Tax									3,507		2,831		2,626
Other non-606 revenue									31		37		35
Revenues									3,538		2,868		2,661
Non-regulated revenue [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Including Assessed Tax									8,639		7,586		6,418
Other non-606 revenue									440	[1]	687	[1]	581
Revenues									9,079		8,273		6,999
US and Utilities [Domain]
Disaggregation of Revenue [Line Items]
Revenues									5,013		4,335		3,918
US and Utilities [Domain] | Regulated Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Including Assessed Tax									3,507		2,831		2,626
Other non-606 revenue									31		37		35
Revenues									3,538		2,868		2,661
US and Utilities [Domain] | Non-regulated revenue [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Including Assessed Tax									1,374		1,132		1,015
Other non-606 revenue									101	[1]	335	[1]	242
Revenues									1,475		1,467		1,257
South America
Disaggregation of Revenue [Line Items]
Revenues									3,539		3,541		3,159
South America | Regulated Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Including Assessed Tax									0		0		0
Other non-606 revenue									0		0		0
Revenues									0		0		0
South America | Non-regulated revenue [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Including Assessed Tax									3,514		3,531		3,151
Other non-606 revenue									25	[1]	10	[1]	8
Revenues									3,539		3,541		3,159
MCAC [Member]
Disaggregation of Revenue [Line Items]
Revenues									2,868		2,157		1,766
MCAC [Member] | Regulated Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Including Assessed Tax									0		0		0
Other non-606 revenue									0		0		0
Revenues									0		0		0
MCAC [Member] | Non-regulated revenue [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Including Assessed Tax									2,770		2,057		1,668
Other non-606 revenue									98	[1]	100	[1]	98
Revenues									2,868		2,157		1,766
EURASIA [Member]
Disaggregation of Revenue [Line Items]
Revenues									1,217		1,123		828
EURASIA [Member] | Regulated Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Including Assessed Tax									0		0		0
Other non-606 revenue									0		0		0
Revenues									0		0		0
EURASIA [Member] | Non-regulated revenue [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Including Assessed Tax									1,002		881		594
Other non-606 revenue									215	[1]	242	[1]	234
Revenues									1,217		1,123		828
Corporate Other And Other Eliminations [Member]
Disaggregation of Revenue [Line Items]
Revenues									(20)		(15)		(11)
Corporate Other And Other Eliminations [Member] | Regulated Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Including Assessed Tax									0		0		0
Other non-606 revenue									0		0		0
Revenues									0		0		0
Corporate Other And Other Eliminations [Member] | Non-regulated revenue [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Including Assessed Tax									(21)		(15)		(10)
Other non-606 revenue									1	[1]	0	[1]	(1)
Revenues									$ (20)		$ (15)		$ (11)
[1]Other non-regulated revenue primarily includes lease and derivative revenue not accounted for under ASC 606.

Revenue Contract Balances (Deta

Revenue Contract Balances (Details) - USD ($) $ in Millions	1 Months Ended	12 Months Ended
	Aug. 31, 2020	Dec. 31, 2022	Dec. 31, 2021
Revenue [Abstract]
Contract with Customer, Liability		$ 337	$ 216
Contract with Customer, Liability, Revenue Recognized		36	410
Loan receivable, net of allowance of $26		1,051	0
Disaggregation of Revenue [Line Items]
Loan receivable, net of allowance of $26		1,051	0
Contract with Customer, Liability		337	216
Financing Receivable, after Allowance for Credit Loss		303	57
Angamos [Member]
Revenue [Abstract]
Contract with Customer, Liability	$ 655
Disaggregation of Revenue [Line Items]
Contract with Customer, Liability	655
Servicing Liability at Amortized Cost, Amortization	$ 55
Discontinued Operations, Held-for-sale or Disposed of by Sale [Member] | Mong Duong held-dfor-sale [Member]
Disaggregation of Revenue [Line Items]
Accounts Receivable, Allowance for Credit Loss		28	30
Financing Receivable, after Allowance for Credit Loss, Current			91
Financing Receivable, after Allowance for Credit Loss		$ 1,100	1,200
Financing Receivable, after Allowance for Credit Loss, Noncurrent			$ 1,100

Revenue Remaining Performance O

Revenue Remaining Performance Obligations (Details) $ in Millions	Dec. 31, 2022 USD ($)
Remaining Performance Obligations [Abstract]
Revenue, Remaining Performance Obligation, Amount	$ 9

Other Income and Expense (Nonop

Other Income and Expense (Nonoperating Income) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended	12 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2020	Dec. 31, 2022		Dec. 31, 2021		Dec. 31, 2020
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain	$ 178	$ 36	$ 214
Other Income [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain				$ 5	[1]	$ 254		$ 0
Litigation Settlement, Amount Awarded from Other Party				6		53		0
Asset Acquisition of a VIE, Contingent Consideration, Remeasurement Gain				3		28		0
Gain (Loss) on Disposition of Other Assets				0		24	[2]	46
Gain on pension curtailment				0		11		0
Non-service pension income				5		10		0
Gain on acquired customer contracts				5		0		0
Public Utilities, Allowance for Funds Used During Construction, Additions				10		8		5
liquidated damages power sales				10		0		0
Insured Event, Gain (Loss)				12		0		0	[3]
Other				24		22		24
Other income				102		410		75
Gain on remeasurement of Investment				22		0		0
Other Expense [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cost of Disposition of Business Interest				15		0		0
Gain (Loss) on Disposition of Assets				$ 13		$ 14		$ 7
[1]of legal arbitration at Alto Maipo. (4) For the year ended December 31, 2021, related to the remeasurement of our existing equity interest in sPower’s development platform as part of the step acquisition to form AES Clean Energy Development. See Note 25— Acquisitions for further information. (5) For the year ended December 31, 2021, primarily related to the remeasurement of contingent consideration on the Great Cove Solar acquisition at AES Clean Energy. See Note 25— Acquisitions for further information. For the year ended December 31, 2020, primarily associated with the gain on sale of Redondo Beach land at Southland. See Note 24— Held-for-Sale and Dispositions for further information. (7) Cost of disposition of a business interest at AES Gilbert due to a fire incident in April 2022, including the recognition of an allowance on the sales-type lease receivable.

Other Income and Expense (Other

Other Income and Expense (Other Expense) (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2022		Dec. 31, 2021		Dec. 31, 2020
Schedule of other operating expense [Line Items]
Other Nonoperating Expense	$ 175	$ 175		$ 0		$ 202
Other Expenses		68		60		53
Other Expense [Member]
Schedule of other operating expense [Line Items]
Gain (Loss) on Disposition of Assets		13		14		7
Sales-type and Direct Financing Leases, Profit (Loss)		5	[1]	13		0	[1]
Gain (Loss) on Sale of Financing Receivable		0	[2]	9	[2]	20
Gain (Loss) Related to Litigation Settlement		8		2		15
Other Nonoperating Expense		27		22		11
Other Expenses		$ 68		$ 60		$ 53
[1]elated to losses recognized at commencement of sales-type leases at AES Renewable Holdings. See Note 14— Leases for further information. Associated with loss on sale of Stabilization Fund receivables at AES Andes. See Note 7— Financing Receivables for further information.

Asset Impairment Expense (Impai

Asset Impairment Expense (Impairment of Long-Lived Assets Held and Used by Asset) (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Asset Impairment Expense [Line Items]
Asset impairment expense	$ (230)	$ (50)	$ (482)		$ (201)		$ (872)	$ (473)	$ (763)	$ (1,575)	$ (864)
Impairment of Long-Lived Assets Held-for-use									$ 763	1,575	864
Impairment, Long-Lived Asset, Held-for-Use, Statement of Income or Comprehensive Income [Extensible Enumeration]									Asset impairment expense
Hawaii Subsidiary [Member]
Asset Impairment Expense [Line Items]
Impairment of Long-Lived Assets Held-for-use						$ 38			$ 0	0	38
Other
Asset Impairment Expense [Line Items]
Impairment of Long-Lived Assets Held-for-use									26	25	19
AES Gener
Asset Impairment Expense [Line Items]
Impairment of Long-Lived Assets Held-for-use						213			0	0	213
AES Panama
Asset Impairment Expense [Line Items]
Impairment of Long-Lived Assets Held-for-use		11				30			0	11	30
Ventanas 3 & 4
Asset Impairment Expense [Line Items]
Impairment of Long-Lived Assets Held-for-use		649							0	649	0
AES PR
Asset Impairment Expense [Line Items]
Impairment of Long-Lived Assets Held-for-use				$ 475					0	475	0
Angamos [Member]
Asset Impairment Expense [Line Items]
Impairment of Long-Lived Assets Held-for-use		$ 155				$ 564			0	155	564
buffalo gap III
Asset Impairment Expense [Line Items]
Impairment of Long-Lived Assets Held-for-use	91								0	91	0
buffalo gap II [Member] [Member]
Asset Impairment Expense [Line Items]
Impairment of Long-Lived Assets Held-for-use	73								0	73	0
Buffalo Gap [Member]
Asset Impairment Expense [Line Items]
Impairment of Long-Lived Assets Held-for-use	$ 29								0	29	0
Mountain View Power Partners
Asset Impairment Expense [Line Items]
Impairment of Long-Lived Assets Held-for-use			$ 67						0	67	0
AES Jordan
Asset Impairment Expense [Line Items]
Impairment of Long-Lived Assets Held-for-use									76	0	0
AES Bulgaria
Asset Impairment Expense [Line Items]
Impairment of Long-Lived Assets Held-for-use									468	0	0
TEG TEP
Asset Impairment Expense [Line Items]
Impairment of Long-Lived Assets Held-for-use									$ 193	$ 0	$ 0

Asset Impairment Expense (Narra

Asset Impairment Expense (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Asset Impairment Expense [Line Items]
Impairment of Long-Lived Assets Held-for-use									$ 763	$ 1,575	$ 864
Other Asset Impairment Charges	$ 230	$ 50	$ 482		$ 201		$ 872	$ 473	763	1,575	864
Long-Lived Assets	23,395				20,183				23,395	20,183
Level 3 | Fair Value
Asset Impairment Expense [Line Items]
Assets carrying amount	1,195								1,195
Hawaii Subsidiary [Member]
Asset Impairment Expense [Line Items]
Impairment of Long-Lived Assets Held-for-use						$ 38			0	0	38
Angamos [Member]
Asset Impairment Expense [Line Items]
Impairment of Long-Lived Assets Held-for-use		155				564			0	155	564
AES Gener
Asset Impairment Expense [Line Items]
Impairment of Long-Lived Assets Held-for-use						213			0	0	213
Buffalo Gap [Member]
Asset Impairment Expense [Line Items]
Impairment of Long-Lived Assets Held-for-use	29								0	29	0
buffalo gap II [Member] [Member]
Asset Impairment Expense [Line Items]
Impairment of Long-Lived Assets Held-for-use	73								0	73	0
buffalo gap III
Asset Impairment Expense [Line Items]
Impairment of Long-Lived Assets Held-for-use	91								0	91	0
Ventanas 3 & 4
Asset Impairment Expense [Line Items]
Impairment of Long-Lived Assets Held-for-use		649							0	649	0
Mountain View Power Partners
Asset Impairment Expense [Line Items]
Impairment of Long-Lived Assets Held-for-use			67						0	67	0
AES PR
Asset Impairment Expense [Line Items]
Impairment of Long-Lived Assets Held-for-use				$ 475					0	475	0
Assets carrying amount				$ 73
AES Panama
Asset Impairment Expense [Line Items]
Impairment of Long-Lived Assets Held-for-use		11				30			0	11	30
AES Bulgaria
Asset Impairment Expense [Line Items]
Impairment of Long-Lived Assets Held-for-use									468	0	$ 0
Long Lived Assets Held For Sale [Member] | AES Panama
Asset Impairment Expense [Line Items]
Other Asset Impairment Charges									51
Assets carrying amount		216
Long Lived Assets Held For Sale [Member] | AES Panama | Level 3 | Fair Value
Asset Impairment Expense [Line Items]
Assets carrying amount		0
Long Lived Assets Held And Used [Member] | Hawaii Subsidiary [Member] | Level 3
Asset Impairment Expense [Line Items]
Assets carrying amount	452								452
Long Lived Assets Held And Used [Member] | Kilroot and Ballylumford [Member]
Asset Impairment Expense [Line Items]
Other Asset Impairment Charges										11
Long Lived Assets Held And Used [Member] | Angamos [Member]
Asset Impairment Expense [Line Items]
Other Asset Impairment Charges										475
Long Lived Assets Held And Used [Member] | Angamos [Member] | Level 3 | Fair Value
Asset Impairment Expense [Line Items]
Assets carrying amount	311	86			73	306			311	73
Long Lived Assets Held And Used [Member] | Buffalo Gap [Member]
Asset Impairment Expense [Line Items]
Other Asset Impairment Charges										29
Long Lived Assets Held And Used [Member] | Buffalo Gap [Member] | Level 3 | Fair Value
Asset Impairment Expense [Line Items]
Assets carrying amount	$ 0				0				0	0
Long Lived Assets Held And Used [Member] | buffalo gap II [Member] [Member]
Asset Impairment Expense [Line Items]
Other Asset Impairment Charges										73
Long Lived Assets Held And Used [Member] | buffalo gap II [Member] [Member] | Level 3 | Fair Value
Asset Impairment Expense [Line Items]
Assets carrying amount					0					0
Long Lived Assets Held And Used [Member] | buffalo gap III
Asset Impairment Expense [Line Items]
Other Asset Impairment Charges										91
Long Lived Assets Held And Used [Member] | buffalo gap III | Level 3 | Fair Value
Asset Impairment Expense [Line Items]
Assets carrying amount					0					0
Long Lived Assets Held And Used [Member] | Ventanas 3 & 4 | Level 3 | Fair Value
Asset Impairment Expense [Line Items]
Assets carrying amount		$ 12
Long Lived Assets Held And Used [Member] | Mountain View Power Partners
Asset Impairment Expense [Line Items]
Other Asset Impairment Charges									193	67
Long Lived Assets Held And Used [Member] | Mountain View Power Partners | Fair Value
Asset Impairment Expense [Line Items]
Assets carrying amount			504
Long Lived Assets Held And Used [Member] | Mountain View Power Partners | Level 3 | Fair Value
Asset Impairment Expense [Line Items]
Assets carrying amount			$ 311		$ 11					$ 11
Long Lived Assets Held And Used [Member] | AES PR
Asset Impairment Expense [Line Items]
Other Asset Impairment Charges									$ 468
Long Lived Assets Held And Used [Member] | AES Bulgaria | Level 3 | Fair Value
Asset Impairment Expense [Line Items]
Assets carrying amount						$ 452

Income Taxes (Components of Inc

Income Taxes (Components of Income Taxes) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Federal:
Current	$ 3	$ (2)	$ (8)
Deferred	(18)	42	(17)
State:
Current	2	1	0
Deferred	1	18	2
Foreign:
Current	256	273	458
Deferred	$ 21	$ (465)	$ (219)

Income Taxes (Effective Income

Income Taxes (Effective Income Tax Reconciliation) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Statutory Federal tax rate	(21.00%)	(21.00%)	(21.00%)
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Impairment Losses, Amount	$ (1.27)
State taxes, net of Federal tax benefit	(1.00%)	(6.00%)	(6.00%)
Taxes on foreign earnings	(42.00%)	(2.00%)	15%
Valuation allowance	(10.00%)	7%	16%
Uncertain tax positions	7%	16%	0%
Effective Income Tax Rate Reconciliation, Repatriation of Foreign Earnings, Percent	0%	(1.00%)	(3.00%)
Income Tax Expense (Benefit)	$ 265,000,000	$ (133,000,000)	$ 216,000,000
Other—net	(5.00%)	(2.00%)	3%
Effective tax rate	(157.00%)	13%	44%
Investment Tax Credit	$ 0	$ 0	$ (0.08)
Deconsolidation, Gain (Loss), Amount	2,074,000,000
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount	41,000,000
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount	$ 41,000,000
Federal | Latest Tax Year
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Operating Loss Carryforwards, Limitations on Use	1.37 billion
Guacolda Affiliate [Member]
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Income Tax Expense (Benefit)	$ 20,000,000
Brazil subsidiary [Member]
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Income Tax Expense (Benefit)	93,000,000
Na Pua Makani Power Partners [Member]
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Investment Tax Credit	$ (35,000,000)
AES Southland [Domain]
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Uncertain tax positions	35%
Income Tax Expense (Benefit)	$ 27,000,000		$ 75,000,000
Buffalo Gap [Member]
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Statutory Federal tax rate	0%	(3.00%)	0%
Alto Maipo
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Taxes on foreign earnings	0%	(17.00%)	0%
Deconsolidation, Gain (Loss), Amount	$ 775,000,000
US and Utilities SBU
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Income Tax Expense (Benefit)	$ 176,000,000
AES Andes
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Statutory Federal tax rate	(127.00%)	0%	0%
UNITED STATES
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Statutory Federal tax rate	(21.00%)
Effective tax rate	35%
Non-US [Member]
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Income Tax Expense (Benefit)	$ 27,000,000	$ 27,000,000	$ 33,000,000

Income Taxes (Income Tax Payabl

Income Taxes (Income Tax Payables and Income Tax Receivables) (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Income taxes receivable—current	$ 107	$ 184
Income Taxes Receivable, Noncurrent	69	2
Total income taxes receivable	176	186
Income taxes payable—current	104	133
Income taxes payable—noncurrent	0	0
Total income taxes payable	$ 104	$ 133

Income Taxes (Deferred Tax Asse

Income Taxes (Deferred Tax Assets and Deferred Tax Liabilities) (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Deferred Tax Liabilities:
Differences between book and tax basis of property	$ (903)	$ (961)
Deferred Tax Liabilities, Investment in US Tax Partnerships	(582)	(629)
Deferred income taxes	1,139	977
Other taxable temporary differences	(350)	(418)
Deferred Tax Liabilities, Gross	(1,835)	(2,008)
Deferred Tax Assets:
Operating loss carryforwards	1,129	979
Capital loss carryforwards	62	77
Bad debt and other book provisions	57	380
Tax credit carryforwards	62	68
Other deductible temporary differences	282	464
Total gross deferred tax asset	1,592	1,968
Less: Valuation allowance	(577)	(528)
Total net deferred tax asset	1,015	1,440
Total deferred tax liability	$ (820)	$ (568)

Income Taxes (Income (Loss) fro

Income Taxes (Income (Loss) from Continuing Operations Before Income Tax) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest [Abstract]
U.S.	$ 22	$ 622	$ (135)
Non-U.S.	(191)	(1,686)	623
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE TAXES AND EQUITY IN EARNINGS OF AFFILIATES	$ (169)	$ (1,064)	$ 488

Income Taxes (Unrecognized Tax

Income Taxes (Unrecognized Tax Benefits) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Contingency [Line Items]
Unrecognized Tax Benefits, Interest on Income Taxes Accrued	$ 2	$ 2
Unrecognized Tax Benefits, Period Increase (Decrease)	$ 0	$ 1	$ 0
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21%	21%	21%
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	$ 107	$ 122	$ 439
Effective Income Tax Rate Reconciliation, Percent	(157.00%)	13%	44%
Payments for Legal Settlements	$ (3)	$ (377)	$ 0
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Beginning balance	122	458
Additions for current year tax positions	4	28	0
Additions for tax positions of prior years	0	14	3
Reductions for tax positions of prior years	(16)	0	(6)
Lapse of statute of limitations	0	(1)	(4)
Ending balance	107	122	458
Unrecognized Tax Benefits, Income Tax Penalties Accrued	0	1
Unrecognized Tax Benefits, Income Tax Penalties Expense	$ 0	$ 1	$ 0
UNITED STATES
Income Tax Contingency [Line Items]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21%
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	$ 34
Effective Income Tax Rate Reconciliation, Percent	35%

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2018
Income Tax Disclosures [Line Items]
Deferred Tax Liabilities, Undistributed Foreign Earnings	$ 0
Undistributed Earnings of Foreign Subsidiaries	$ 3,000,000,000
Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Percent	(42.00%)	(2.00%)	15%
Effective tax rate	(157.00%)	13%	44%
Increase (decrease) in valuation allowance	$ 49,000,000	$ (106,000,000)
Valuation allowance	(577,000,000)	(528,000,000)
Income tax benefit (expense)	$ (265,000,000)	$ 133,000,000	$ (216,000,000)
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21%	21%	21%
Tax benefits related to tax status of operations in countries subject to reduced tax rates per share (in dollars per share)	$ 0.02	$ 0.02	$ 0.03
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued:
Interest on income taxes accrued	$ 2,000,000	$ 2,000,000
Unrecognized Tax Benefits, Income Tax Penalties Accrued	0	1,000,000
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense:
Unrecognized Tax Benefits, Income Tax Penalties Expense	0	1,000,000	$ 0
Uncertain Tax Positions Additional Disclosures:
Unrecognized tax benefits	107,000,000	122,000,000	458,000,000	$ 465,000,000
Unrecognized tax benefits that would impact effective tax rate	107,000,000	122,000,000	439,000,000
Unrecognized tax benefits that would impact effective tax rate portion with attributes warranting full valuation allowance	2,000,000	4,000,000	33,000,000
Unrecognized tax benefits anticipated to result in net decrease of unrecognized tax benefits within 12 months, maximum	10,000,000
Federal
Income Tax Disclosures [Line Items]
Operating loss carryforward	1,400,000,000
Foreign Tax Authority
Income Tax Disclosures [Line Items]
Operating loss carryforward	2,100,000,000
State and Local Jurisdiction
Income Tax Disclosures [Line Items]
Operating loss carryforward	6,100,000,000
General Business Tax Credit Carryforward
Income Tax Disclosures [Line Items]
Tax credit carryforward	70,000,000
Non-US [Member]
Income Tax Disclosures [Line Items]
Income tax benefit (expense)	(27,000,000)	(27,000,000)	(33,000,000)
VIET NAM
Income Tax Disclosures [Line Items]
Income tax benefit (expense)	$ (18,000,000)	$ (16,000,000)	$ (16,000,000)
Tax benefits related to tax status of operations in countries subject to reduced tax rates per share (in dollars per share)	$ 0.01
Earliest Tax Year | Federal
Uncertain Tax Positions Additional Disclosures:
Operating Loss Carryforwards, Limitations on Use	30 million
Earliest Tax Year | General Business Tax Credit Carryforward
Income Tax Disclosures [Line Items]
Tax credit carryforward	$ 14,000,000
Latest Tax Year | Federal
Uncertain Tax Positions Additional Disclosures:
Operating Loss Carryforwards, Limitations on Use	1.37 billion
Latest Tax Year | General Business Tax Credit Carryforward
Income Tax Disclosures [Line Items]
Tax credit carryforward	$ 56,000,000
UNITED STATES
Income Tax Disclosures [Line Items]
Effective tax rate	35%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21%
Uncertain Tax Positions Additional Disclosures:
Unrecognized tax benefits that would impact effective tax rate	$ 34,000,000

Acquisitions and Dispositions (

Acquisitions and Dispositions (Details) - USD ($)	3 Months Ended	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Sep. 30, 2022
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Business Combination, Consideration Transferred		$ 28,000,000
Gain (Loss) on Disposition of Business	$ (1,800,000,000)	(9,000,000)	$ (1,683,000,000)	$ (95,000,000)
Proceeds from Divestiture of Businesses and Interests in Affiliates		1,000,000	95,000,000	169,000,000
Income (Loss) from Continuing Operations Attributable to Parent		546,000,000	413,000,000	(43,000,000)
Dispositions and Held-for-Sales Businesses
Asset Retirement Obligation, Revision of Estimate		35,000,000	13,000,000
Goodwill, Written off Related to Sale of Business Unit		41,000,000
Goodwill	$ 1,177,000,000	362,000,000	$ 1,177,000,000
JORDAN | AES Jordan
Dispositions and Held-for-Sales Businesses
Equity Method Investment, Ownership Percentage	10%		10%
Disposal Group, Held-for-sale, Not Discontinued Operations [Member] | Mong Duong Subsidiary [Member]
Dispositions and Held-for-Sales Businesses
Disposal Group Not Discontinued Operation Ownership Interest Sold	51%		51%
Disposal Group, Held-for-sale, Not Discontinued Operations [Member] | Mong Duong Finance Holdings B.V._Related Party [Member]
Dispositions and Held-for-Sales Businesses
Disposal Group Not Discontinued Operation Ownership Interest Sold	51%		51%
Disposal Group, Held-for-sale, Not Discontinued Operations [Member] | JORDAN
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Income (Loss) from Individually Significant Component Disposed of or Held-for-sale, Excluding Discontinued Operations, Attributable to Parent, before Income Tax		(6,000,000)	$ 21,000,000	20,000,000
Assets Carrying Amount Disclosure Nonrecurring		164,000,000
Proceeds from Divestiture of Businesses			$ 58,000,000
Dispositions and Held-for-Sales Businesses
Disposal Group Not Discontinued Operation Ownership Interest Sold	26%		26%
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Income (Loss) from Individually Significant Component Disposed of or Held-for-sale, Excluding Discontinued Operations, Attributable to Parent, before Income Tax			$ 40,000,000	57,000,000
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] | Redondo Beach [Member]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Assets Carrying Amount Disclosure Nonrecurring	$ 24,000,000		24,000,000
Dispositions and Held-for-Sales Businesses
Gain (Loss) on Disposition of Assets			41,000,000
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] | Kazakhstan Hydro [Member]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Gain (Loss) on Disposition of Business			(30,000,000)
Proceeds from Divestiture of Businesses and Interests in Affiliates					$ 75,000,000
Dispositions and Held-for-Sales Businesses
Proceeds from Legal Settlements			45,000,000
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] | Itabo Disposal Group
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Income (Loss) from Individually Significant Component Disposed of or Held-for-sale, Excluding Discontinued Operations, Attributable to Parent, before Income Tax			5,000,000	41,000,000
Proceeds from Divestiture of Businesses and Interests in Affiliates		$ 88,000,000
Dispositions and Held-for-Sales Businesses
Disposal Group Not Discontinued Operation Ownership Interest Sold		43%
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] | Estrella del Mar I
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Income (Loss) from Individually Significant Component Disposed of or Held-for-sale, Excluding Discontinued Operations, Attributable to Parent, before Income Tax			0	5,000,000
Proceeds from Divestiture of Businesses and Interests in Affiliates		$ 6,000,000
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] | Uruguaiana [Member]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Gain (Loss) on Disposition of Business			(95,000,000)
Dispositions and Held-for-Sales Businesses
Guaranty Liabilities	$ 22,000,000		22,000,000
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] | Alto Maipo
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Income (Loss) from Individually Significant Component Disposed of or Held-for-sale, Excluding Discontinued Operations, Attributable to Parent, before Income Tax			$ 35,000,000	$ 11,000,000
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] | AES Tiete Inova Solucoes
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Proceeds from Divestiture of Businesses and Interests in Affiliates		20,000,000
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] | Colon [Domain]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Proceeds from Divestiture of Businesses and Interests in Affiliates		51,000,000
Kazakhstan Hydro [Member] | Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]
Dispositions and Held-for-Sales Businesses
Disposal Group Not Discontinued Operation Ownership Interest Sold					100%
Itabo Disposal Group | Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Gain (Loss) on Disposition of Business		4,000,000
AES Tiete Inova Solucoes | Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Gain (Loss) on Disposition of Business		(1,000,000)
Alto Maipo
Dispositions and Held-for-Sales Businesses
Goodwill						$ 868,000,000
Alto Maipo | Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Gain (Loss) on Disposition of Business		2,074,000,000
Dispositions and Held-for-Sales Businesses
Goodwill, Written off Related to Sale of Business Unit		224,000,000
Colon [Domain] | Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Gain (Loss) on Disposition of Business		$ 6,000,000

Acquisitions Acquistions (Detai

Acquisitions Acquistions (Details) - USD ($) $ in Millions	3 Months Ended				6 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Mar. 31, 2021	Jun. 30, 2020	Sep. 30, 2022	Dec. 31, 2022		Dec. 31, 2021	Dec. 31, 2020
Business Acquisition [Line Items]
Business Combination, Consideration Transferred							$ 28
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain		$ 178	$ 36		$ 214
Business Combination, Goodwill Recognized, Description			81 million			45 million
Asset Acquisition, Contingent Consideration [Line Items]
Business Combination, Consideration Transferred, Including Equity Interest in Acquiree Held Prior to Combination						$ 7
Additional Paid in Capital							6,688		$ 7,106
Non Recourse Debt Non Current							17,846		13,603
Cubico II
Asset Acquisition, Contingent Consideration [Line Items]
Payments to Acquire Productive Assets							185
Windsor Solar
Asset Acquisition, Contingent Consideration [Line Items]
Asset Acquisition, Consideration Transferred, Contingent Consideration							5
Asset Acquisition, Indemnification Asset, Amount							17
Tunica Windpower LLC
Asset Acquisition, Contingent Consideration [Line Items]
Asset Acquisition, Consideration Transferred, Contingent Consideration							7
Asset Acquisition, Indemnification Asset, Amount							22
Agua Clara
Asset Acquisition, Contingent Consideration [Line Items]
Asset Acquisition, Indemnification Asset, Amount							98
AIMCo
Business Acquisition [Line Items]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	25%			25%		25%
Other Income [Member]
Business Acquisition [Line Items]
Asset Acquisition of a VIE, Contingent Consideration, Remeasurement Gain							3		28	$ 0
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain							5	[1]	254	$ 0
Cubico Wind Complex
Business Acquisition [Line Items]
Asset Acquisition, Purchase Price							109
Great Cove Solar I
Business Acquisition [Line Items]
Asset Acquisition, Purchase Price							13
Asset Acquisition, Contingent Consideration, Liability			$ 6
Asset Acquisition, Consideration Transferred, Other Assets	$ 2
Great Cove Solar II
Business Acquisition [Line Items]
Asset Acquisition, Purchase Price							24
Asset Acquisition, Contingent Consideration, Liability		$ 22
Asset Acquisition, Consideration Transferred, Other Assets	12
Great Cove
Business Acquisition [Line Items]
Asset Acquisition of a VIE, Contingent Consideration, Remeasurement Gain						$ 32
Cajuina Wind Complex
Business Acquisition [Line Items]
Asset Acquisition, Purchase Price							22
Payments to Acquire Businesses, Gross							6
Cajuina Wind Complex II
Business Acquisition [Line Items]
Asset Acquisition, Purchase Price							24
Payments to Acquire Businesses, Gross							6
Asset Acquisition, Contingent Consideration, Liability	$ 3					$ 3
Serra Verde Wind Complex
Business Acquisition [Line Items]
Asset Acquisition, Purchase Price							18
Payments to Acquire Businesses, Gross							6
Asset Acquisition, Contingent Consideration [Line Items]
Notes Payable							12
New York Wind
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired							$ 352
Business Combination, Goodwill Recognized, Description							199 million
Asset Acquisition, Contingent Consideration [Line Items]
Non Recourse Debt Non Current							$ 126
Community Energy
Business Acquisition [Line Items]
Payments to Acquire Businesses, Gross							232
Payments to Acquire Businesses, Net of Cash Acquired							217
Other Payments to Acquire Businesses							$ 15
Business Combination, Goodwill Recognized, Description							90 million
Asset Acquisition, Contingent Consideration [Line Items]
Non Recourse Debt Non Current							$ 38
sPower [Member]
Business Acquisition [Line Items]
Business Combination, Consideration Transferred				$ 102
Asset Acquisition, Contingent Consideration [Line Items]
Additional Paid in Capital							3
Hardy Hills Wind
Business Acquisition [Line Items]
Asset Acquisition, Contingent Consideration, Liability							3
Asset Acquisition, Contingent Consideration [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets							52
Business Combination, Bargain Purchase, Gain Recognized, Amount							$ 6
Penonome Wind [Member]
Business Acquisition [Line Items]
Asset Acquisition, Purchase Price									80
Ventus Wind Complex [Member]
Business Acquisition [Line Items]
Business Combination, Consideration Transferred									90
Payments to Acquire Businesses, Gross									44
Other Payments to Acquire Businesses									$ 3
Series of Individually Immaterial Business Acquisitions
Business Acquisition [Line Items]
Business Combination, Step Acquisition, Equity Interest in Acquiree, Percentage							25%
AES Clean Energy
Business Acquisition [Line Items]
Business Acquisition, Percentage of Voting Interests Acquired	75%					75%
Mountain View Power Partners
Business Acquisition [Line Items]
Business Acquisition, Percentage of Voting Interests Acquired							75%
Agua Clara
Business Acquisition [Line Items]
Business Acquisition, Percentage of Voting Interests Acquired							85%
Windsor Solar
Business Acquisition [Line Items]
Business Acquisition, Percentage of Voting Interests Acquired							100%
Tunica Windpower LLC
Business Acquisition [Line Items]
Business Acquisition, Percentage of Voting Interests Acquired							100%
Cubico II
Business Acquisition [Line Items]
Business Acquisition, Percentage of Voting Interests Acquired							100%
[1]of legal arbitration at Alto Maipo. (4) For the year ended December 31, 2021, related to the remeasurement of our existing equity interest in sPower’s development platform as part of the step acquisition to form AES Clean Energy Development. See Note 25— Acquisitions for further information. (5) For the year ended December 31, 2021, primarily related to the remeasurement of contingent consideration on the Great Cove Solar acquisition at AES Clean Energy. See Note 25— Acquisitions for further information.

Earnings Per Share (Schedule of

Earnings Per Share (Schedule of Earnings Per Share, Basic and Diluted) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended				12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Class of Stock [Line Items]
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent					$ (546)	$ (413)	$ 43
Weighted Average Number of Shares Outstanding, Basic (in shares)					668	666	665
Income (Loss) from Continuing Operations, Per Basic Share	$ (0.95)	$ 0.52	$ 0.03	$ (0.22)	$ (0.82)	$ (0.62)	$ 0.06
Net Income (Loss) from Continuing Operations Available to Common Shareholders, Diluted					$ (546)	$ (413)	$ 43
Weighted Average Number of Shares Outstanding, Diluted (in shares)					668	666	668
Income (Loss) from Continuing Operations, Per Diluted Share	$ (0.95)	$ 0.48	$ 0.03	$ (0.22)	$ (0.82)	$ (0.62)	$ 0.06
Share-based Payment Arrangement
Class of Stock [Line Items]
Weighted Average Number Antidilutive Securities Excluded from Computation of EPS					3	4
Share-based Payment Arrangement, Option [Member]
Class of Stock [Line Items]
Dilutive Securities, Effect on Basic Earnings Per Share, Options and Restrictive Stock Units					$ 0	$ 0	$ 0
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements (in shares)					0	0	1
Dilutive Securities Effect On Basic EPS, dilutive Stock Options, per diluted share					$ 0	$ 0	$ 0
Restricted Stock Units (RSUs) [Member]
Class of Stock [Line Items]
Dilutive Securities, Effect on Basic Earnings Per Share, Options and Restrictive Stock Units					$ 0	$ 0	$ 0
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements (in shares)					0	0	2
Dilutive Securities Effect On Basic EPS, dilutive Restricted Stock Units, per diluted share					$ 0	$ 0	$ 0
Equity Unit Purchase Agreements
Class of Stock [Line Items]
Dilutive Securities Effect on Basic EPS, dilutive Equity Unit Purchase Agreements, per diluted share					$ 0	$ 0	$ 0
Incremental Common Shares Attributable to Dilutive Effect of Equity Unit Purchase Agreements					0	0	0
Dilutive Securities, Effect on Basic Earnings Per Share, Dilutive Convertible Securities					$ 0	$ 0	$ 0

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) $ / shares shares	Dec. 31, 2021 USD ($) shares
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Corporate Unit, Notional Value | $	$ 1,043
Preferred stock (without par value, 50,000,000 shares authorized; 1,043,050 issued and outstanding at December 31, 2022 and December 31, 2021) | $	$ 838	$ 838
Preferred Stock, Convertible, Initial Conversion Rate	$ 31.5428
Preferred Stock, Convertible, Conversion Price	$ 31.66
Equity Unit, Shares Issued | shares	10,430,500
Corporate Equity Unit, Stated Value Per Share	$ 100
Preferred Stock, Beneficial Ownership Interest in One Share	0.10
Preferred stock, convertible, Final Conversion Rate	$ 31.5846
Preferred Stock, Convertible, Initial Conversion Price	$ 31.70
Share-based Payment Arrangement
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share | shares	5,000,000
Weighted Average Number Antidilutive Securities Excluded from Computation of EPS | shares	3,000,000	4,000,000
Equity Unit Purchase Agreements
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share | shares	40,000,000	33,000,000

Risks And Uncertainties (Detail

Risks And Uncertainties (Details) $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2021 USD ($) integer	Dec. 31, 2022 USD ($) segment integer business	Dec. 31, 2020 integer
Unusual Risk or Uncertainty [Line Items]
Number of Reportable Segments | segment		4
Segment Reporting, Additional Information about Entity's Reportable Segments | business		2
Cash and Cash Equivalents, at Carrying Value	$ 943	$ 1,374
Percentage of Total Revenue Non-U.S.		68%
Number Of Single Customers That Accounted For Ten Percent Or More Of Total Revenue | integer	0	0	0
Alto Maipo
Unusual Risk or Uncertainty [Line Items]
Deconsolidation, Revaluation of Retained Investment, Gain (Loss), Amount	$ 1,200
Cash and Cash Equivalents [Member]
Unusual Risk or Uncertainty [Line Items]
Cash and Cash Equivalents, at Carrying Value		$ 1,400

Related Party Transactions (Sch

Related Party Transactions (Schedule of related Party Transactions) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Nonrecourse Debt Type [Domain] | Mong Duong Finance Holdings B.V._Related Party [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Due from (to) Related Party	$ 1,000
Affiliated Entity
Related Party Transaction [Line Items]
Interest Income	10	$ 12	$ 20
Interest expense	95	88	131
Electricity, Generation [Member] | Affiliated Entity
Related Party Transaction [Line Items]
Revenue—Non-Regulated	1,093	1,159	1,506
Cost of Sales—Non-Regulated	$ 352	$ 324	$ 504

Related Party Transactions (S_2

Related Party Transactions (Schedule of Related Party Receivables Payables) (Details) - USD ($) $ in Millions		Dec. 31, 2022	Dec. 31, 2021
Related Party Transaction [Line Items]
Construction in progress		$ 4,621	$ 2,414
Affiliated Entity [Member]
Related Party Transaction [Line Items]
Receivables from Related Parties		484	131
Accounts and notes payable to related parties (1)	[1]	1,264	1,421
Construction in Progress [Member]
Related Party Transaction [Line Items]
Construction in progress		$ 714	$ 134
[1] Includes $1 billion of debt to Mong Duong Finance Holdings B.V., an SPV accounted for as an equity affiliate as of December 31, 2022 (see Note 11— Debt ). For the December 31, 2021 balance, the debt balance at the SPV was classified to held-for-sale liabilities on the Consolidated Balance Sheet.

Selected Quarterly Financial _3

Selected Quarterly Financial Data (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended											12 Months Ended
	Dec. 31, 2022		Sep. 30, 2022	Jun. 30, 2022		Mar. 31, 2022		Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Gain (Loss) on Disposition of Business								$ (1,800)				$ (9)	$ (1,683)	$ (95)
Other Asset Impairment Charges	$ 230		$ 50	$ 482				201		$ 872	$ 473	763	1,575	864
Revenues	3,060		3,627	3,078		$ 2,852		2,770	$ 3,036	2,700	2,635	12,617	11,141	9,660
Net equity in losses of affiliates												(71)	(24)	(123)
Deconsolidation, Gain (Loss), Amount												2,074
Selected Quarterly Financial Information [Abstract]
Operating margin	563		892	563		530		559	760	728	664	2,548	2,711	2,693
Income (Loss) from Continuing Operations, net of Tax	(986)	[1]	446	(136)	[1]	171	[1]	(1,330)	485	(81)	(29)	(505)	(955)	149
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest								0	0	4	0
NET INCOME (LOSS)								(1,330)	485	(77)	(29)	(505)	(951)	152
Net income (loss) attributable to The AES Corporation	$ (903)		$ 421	$ (179)		$ 115		$ (632)	$ 343	$ 28	$ (148)	$ (546)	$ (409)	$ 46
Basic earnings (loss) per share:
Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax								$ (0.95)	$ 0.52	$ 0.03	$ (0.22)	$ (0.82)	$ (0.62)	$ 0.06
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share								0	0	0.01	0	0	0.01	0.01
NET INCOME ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS	$ (1.35)		$ 0.63	$ (0.27)		$ 0.17		(0.95)	0.52	0.04	(0.22)	(0.82)	(0.61)	0.07
Diluted earnings (loss) per share:
Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax								(0.95)	0.48	0.03	(0.22)	(0.82)	(0.62)	0.06
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share								0	0	0.01	0	0	0.01	0.01
Earnings Per Share, Diluted	(1.35)		0.59	(0.27)		0.16		(0.95)	0.48	0.04	(0.22)	(0.82)	(0.61)	$ 0.07
Dividends declared per common share	$ 0.32		$ 0.16	$ 0		$ 0.16		$ 0.31	$ 0.15	$ 0	$ 0.15	$ 0.6399	$ 0.6095
Goodwill impairment expense	$ (777)											$ (777)	$ 0	$ 0
Other Nonoperating Expense	$ 175											$ 175	$ 0	$ 202
[1] Includes pre-tax impairment expense of $482 million, $50 million, and $230 million in the second, third, and fourth quarters of 2022, respectively (See Note 22— Asset Impairment Expense ), pre-tax goodwill impairment expense of $777 million in the fourth quarter of 2022 (See Note 9— Goodwill and Other Intangible Assets ), and other non-operating expense of $175 million in the fourth quarter of 2022 (See Note 8— Investments in and Advances to Equity Affiliates ).

Subsequent Events (Details)

Subsequent Events (Details) - sPower OpCo B [Member]	Feb. 28, 2023	Dec. 31, 2022
Subsequent Event [Line Items]
Equity Method Investment, Ownership Percentage		50%
Subsequent Event [Member]
Subsequent Event [Line Items]
Equity Method Investment, Ownership Percentage	26%

Schedule I - Condensed Financ_3

Schedule I - Condensed Financial Information of Parent (Balance Sheet) (Details) - USD ($)	Dec. 31, 2022	Jun. 30, 2022	Dec. 31, 2021	Dec. 31, 2020	Jan. 01, 2020	Dec. 31, 2019
Current Assets:
Cash and cash equivalents	$ 1,374,000,000		$ 943,000,000
Restricted cash	536,000,000		304,000,000
Assets, Current	7,643,000,000		5,356,000,000
Investment in and advances to subsidiaries and affiliates	952,000,000		1,080,000,000	$ 835,000,000
Office Equipment:
Cost	26,599,000,000		25,552,000,000
Accumulated depreciation	(8,651,000,000)		(8,486,000,000)
Property, plant and equipment, net	23,039,000,000		19,906,000,000
Other Assets:
Deferred income taxes	319,000,000		409,000,000
Other assets	2,979,000,000		2,188,000,000		$ 1,605,000,000	$ 1,635,000,000
Total other assets	7,681,000,000		7,701,000,000
Assets	38,363,000,000		32,963,000,000	34,603,000,000
Current Liabilities:
Accounts payable	1,730,000,000		1,153,000,000
Accrued and other liabilities	2,151,000,000		1,205,000,000
Total current liabilities	6,491,000,000		4,732,000,000
Long-term Liabilities:
Other long-term liabilities	3,168,000,000		3,358,000,000
Liabilities, Noncurrent	26,047,000,000		22,407,000,000
Stockholders' equity:
Common stock	8,000,000	$ 21.01	8,000,000
Additional paid-in capital	6,688,000,000		7,106,000,000
Accumulated deficit	(1,635,000,000)		(1,089,000,000)		$ (731,000,000)	(692,000,000)
Accumulated other comprehensive loss	(1,640,000,000)		(2,220,000,000)	(2,397,000,000)
Treasury stock	(1,822,000,000)		(1,845,000,000)
Total AES Corporation stockholders’ equity	2,437,000,000		2,798,000,000
TOTAL LIABILITIES AND EQUITY	38,363,000,000		32,963,000,000
Preferred stock (without par value, 50,000,000 shares authorized; 1,043,050 issued and outstanding at December 31, 2022 and December 31, 2021)	838,000,000		838,000,000
Parent Company [Member]
Current Assets:
Cash and cash equivalents	24,000,000		40,000,000	$ 70,000,000		$ 11,000,000
Accounts and notes receivable from subsidiaries	169,000,000		231,000,000
Prepaid expenses and other current assets	47,000,000		50,000,000
Assets, Current	240,000,000		321,000,000
Investment in and advances to subsidiaries and affiliates	7,204,000,000		7,159,000,000
Office Equipment:
Cost	16,000,000		29,000,000
Accumulated depreciation	(10,000,000)		(23,000,000)
Property, plant and equipment, net	6,000,000		6,000,000
Other Assets:
Debt Issuance Costs, Noncurrent, Net	8,000,000		6,000,000
Other assets	117,000,000		33,000,000
Total other assets	125,000,000		39,000,000
Assets	7,575,000,000		7,525,000,000
Current Liabilities:
Accounts payable	33,000,000		17,000,000
Accounts and notes payable to subsidiaries	609,000,000		161,000,000
Accrued and other liabilities	319,000,000		340,000,000
Total current liabilities	961,000,000		518,000,000
Long-term Liabilities:
Debt	3,894,000,000		3,729,000,000
Other long-term liabilities	283,000,000		480,000,000
Liabilities, Noncurrent	4,177,000,000		4,209,000,000
Stockholders' equity:
Common stock	8,000,000		8,000,000
Additional paid-in capital	6,688,000,000		7,106,000,000
Accumulated deficit	(1,635,000,000)		(1,089,000,000)
Accumulated other comprehensive loss	(1,640,000,000)		(2,220,000,000)
Treasury stock	(1,822,000,000)		(1,845,000,000)
Total AES Corporation stockholders’ equity	2,437,000,000		2,798,000,000
TOTAL LIABILITIES AND EQUITY	7,575,000,000		7,525,000,000
Accumulated Amortization, Debt Issuance Costs, Noncurrent	$ 9,000,000		$ 7,000,000

Schedule I - Condensed Financ_4

Schedule I - Condensed Financial Information of Parent Schedule I - Condensed Financial Information of Parent (Statement of Operations) (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Condensed Income Statements, Captions [Line Items]
Interest income									$ 389	$ 298	$ 268
General and administrative expenses									(207)	(166)	(165)
Other expense									(68)	(60)	(53)
Gain (Loss) on Extinguishment of Debt									(15)	(78)	(186)
Interest expense									(1,117)	(911)	(1,038)
Income (loss) before income taxes									96	644	(192)
Income tax benefit (expense)									(265)	133	(216)
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION	$ (903)	$ 421	$ (179)	$ 115	$ (632)	$ 343	$ 28	$ (148)	(546)	(409)	46
Parent Company
Condensed Income Statements, Captions [Line Items]
Revenue from subsidiaries and affiliates									30	28	29
Equity in earnings of subsidiaries and affiliates									(280)	(47)	383
Interest income									28	20	31
General and administrative expenses									(140)	(121)	(125)
Other income									14	51	26
Other expense									0	(65)	(6)
Gain (Loss) on Extinguishment of Debt									0	0	(146)
Interest expense									(163)	(74)	(163)
Income (loss) before income taxes									(511)	(208)	29
Income tax benefit (expense)									(35)	(201)	17
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION									$ (546)	$ (409)	$ 46

Schedule I - Condensed Financ_5

Schedule I - Condensed Financial Information of Parent (Statement of Comprehensive Income) (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Condensed Financial Statements, Captions [Line Items]
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION	$ (903)	$ 421	$ (179)	$ 115	$ (632)	$ 343	$ 28	$ (148)	$ (546)	$ (409)	$ 46
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax [Abstract]
Foreign currency translation adjustments, net of income tax (expense) benefit of $0, $0 and $(8), respectively									(36)	(130)	(52)
Reclassification to earnings, net of $0 income tax for all periods									0	3	192
Total foreign currency translation adjustments									(36)	(127)	140
Derivative activity:
Change in derivative fair value, net of income tax benefit (expense) of $(198), $8 and $90, respectively									711	5	(368)
Reclassification to earnings, net of income tax expense of $0, $73 and $19, respectively									59	387	74
Pension activity:
Prior service cost for the period, net of income tax expense of $0, $0 and $1, respectively									0	0	(1)
Change in pension adjustments due to net actuarial gain (loss) for the period, net of income tax (expense) benefit of $(2), $(9) and $4, respectively									13	26	(14)
Reclassification of earnings, net of income tax expense of $1, $3 and $0, respectively									(1)	(1)	0
Total pension adjustments									14	27	(13)
OTHER COMPREHENSIVE INCOME (LOSS)									748	292	(167)
COMPREHENSIVE INCOME (LOSS)									243	(659)	(15)
OCI, Foreign Currency Transaction and Translation Gain (Loss), Arising During Period, Tax									0	0	(8)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Tax									0	0	0
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Tax									191	(1)	(110)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax									9	105	17
Other Comprehensive (Income) Loss, Defined Benefit Plan, Prior Service Cost (Credit), Tax									0	0	0
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, Tax									5	10	(4)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, Tax									1	3	0
Total change in fair value of derivatives									770	392	(294)
Parent Company
Condensed Financial Statements, Captions [Line Items]
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION									(546)	(409)	46
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax [Abstract]
Foreign currency translation adjustments, net of income tax (expense) benefit of $0, $0 and $(8), respectively									(37)	(86)	0
Reclassification to earnings, net of $0 income tax for all periods									0	3	192
Total foreign currency translation adjustments									(37)	(83)	192
Derivative activity:
Change in derivative fair value, net of income tax benefit (expense) of $(198), $8 and $90, respectively									645	(7)	(309)
Reclassification to earnings, net of income tax expense of $0, $73 and $19, respectively									44	254	72
Pension activity:
Change in pension adjustments due to net actuarial gain (loss) for the period, net of income tax (expense) benefit of $(2), $(9) and $4, respectively									10	23	(12)
Reclassification of earnings, net of income tax expense of $1, $3 and $0, respectively									0	1	0
Total pension adjustments									10	24	(12)
OTHER COMPREHENSIVE INCOME (LOSS)									662	188	(57)
COMPREHENSIVE INCOME (LOSS)									116	(221)	(11)
OCI, Foreign Currency Transaction and Translation Gain (Loss), Arising During Period, Tax									0	0	(8)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Tax									0	0	0
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Tax									(198)	8	90
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax									0	(73)	(19)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, Tax									(2)	(9)	4
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, Tax									(1)	(3)	0
Total change in fair value of derivatives									$ 689	$ 247	$ (237)

Schedule I - Condensed Financ_6

Schedule I - Condensed Financial Information of Parent (Statement of Cash Flows) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by operating activities	$ (2,715)	$ (1,902)	$ (2,755)
Investing Activities:
Sale of short-term investments	1,049	616	627
Net cash used in investing activities	(5,836)	(3,051)	(2,295)
Financing Activities:
Common stock dividends paid	(422)	(401)	(381)
Payments for deferred financing costs	(120)	(32)	(107)
Sales to noncontrolling interests	742	173	553
Proceeds from (Payments for) Other Financing Activities	3	(101)	(29)
Net cash provided by (used in) financing activities	3,758	797	(78)
Cash and cash equivalents, beginning	943
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(56)	(46)	(24)
Cash and cash equivalents, ending	1,374	943
SUPPLEMENTAL DISCLOSURES:
Cash payments for interest, net of amounts capitalized	(928)	(815)	(908)
Cash payments for income taxes, net of refunds	(271)	(459)	(333)
Issuance of preferred stock	0	1,014	0
Parent Company [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by operating activities	(434)	(570)	434
Investing Activities:
Proceeds from the sale of business interests, net of expenses	157	64	412
Investment in and net advances to subsidiaries	(1,716)	(2,260)	(652)
Return of capital	907	698	346
Additions to property, plant and equipment	(10)	(14)	(8)
Sale of short-term investments	0	0	(1)
Net cash used in investing activities	(662)	(1,512)	97
Financing Activities:
(Repayments) Borrowings under the revolver, net	(40)	295	(110)
Borrowings of notes payable and other coupon bearing securities	200	0	3,397
Repayments of notes payable and other coupon bearing securities	0	0	(3,366)
Loans from subsidiaries	465	0	25
Proceeds from issuance of common stock	15	8	4
Common stock dividends paid	(422)	(401)	(381)
Payments for deferred financing costs	(4)	(4)	(38)
Sales to noncontrolling interests	0	(1)	0
Proceeds from (Payments for) Other Financing Activities	(2)	1	(3)
Net cash provided by (used in) financing activities	212	912	(472)
Cash and cash equivalents, beginning	40	70	11
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(16)	(30)	59
Cash and cash equivalents, ending	24	40	70
SUPPLEMENTAL DISCLOSURES:
Cash payments for interest, net of amounts capitalized	125	79	156
Cash payments for income taxes, net of refunds	1	0	(8)
Issuance of preferred stock	$ 0	$ 1,014	$ 0

Schedule I - Condensed Financ_7

Schedule I - Condensed Financial Information of Parent (Senior Notes and Junior Subordinated Notes) (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Condensed Financial Statements, Captions [Line Items]
Recourse Debt Total	$ 3,894	$ 3,754
Recourse Debt Non Current	3,894	3,729
Parent Company
Condensed Financial Statements, Captions [Line Items]
Recourse Debt Total	3,894
Debt Maturity Year One [Member]
Condensed Financial Statements, Captions [Line Items]
Recourse Debt Total	0
Debt Maturity Year One [Member] | Parent Company
Condensed Financial Statements, Captions [Line Items]
Recourse Debt Total	0
Debt Maturity Year Two [Member]
Condensed Financial Statements, Captions [Line Items]
Recourse Debt Total	200
Debt Maturity Year Two [Member] | Parent Company
Condensed Financial Statements, Captions [Line Items]
Recourse Debt Total	200
Debt Maturity Year Three [Member]
Condensed Financial Statements, Captions [Line Items]
Recourse Debt Total	900
Debt Maturity Year Three [Member] | Parent Company
Condensed Financial Statements, Captions [Line Items]
Recourse Debt Total	900
Debt Maturity Year Four [Member]
Condensed Financial Statements, Captions [Line Items]
Recourse Debt Total	800
Debt Maturity Year Four [Member] | Parent Company
Condensed Financial Statements, Captions [Line Items]
Recourse Debt Total	800
Debt Maturity Year Five [Member]
Condensed Financial Statements, Captions [Line Items]
Recourse Debt Total	325
Debt Maturity Year Five [Member] | Parent Company
Condensed Financial Statements, Captions [Line Items]
Recourse Debt Total	325
Thereafter
Condensed Financial Statements, Captions [Line Items]
Recourse Debt Total	1,700
Thereafter | Parent Company
Condensed Financial Statements, Captions [Line Items]
Recourse Debt Total	1,700
Recourse Debt Excluding Junior Subordinated Debt | Parent Company
Condensed Financial Statements, Captions [Line Items]
Recourse Debt Non Current	$ 3,894	$ 3,729

Schedule I - Condensed Financ_8

Schedule I - Condensed Financial Information of Parent (Dividends from Subsidiaries and Affiliates) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Condensed Cash Flow Statements, Captions [Line Items]
Proceeds from Divestiture of Businesses and Interests in Affiliates	$ 1	$ 95	$ 169
SEC Schedule, 12-04, Cash Dividends Paid to Registrant, Consolidated Subsidiaries	832	894	1,000
Parent Company [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Proceeds from Divestiture of Businesses and Interests in Affiliates	$ 157	$ 65	$ 302

Schedule I - Condensed Financ_9

Schedule I - Condensed Financial Information of Parent (Guarantees and Letters of Credit) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) agreement
Condensed Financial Statements, Captions [Line Items]
Obligations number of agreements | agreement	140
Guarantor Obligations, Maximum Exposure, Undiscounted	$ 2,693
Guarantees [Member] | Parent Company
Condensed Financial Statements, Captions [Line Items]
Obligations number of agreements | agreement	81
Guarantor Obligations, Maximum Exposure, Undiscounted	$ 2,400
Standby Letters of Credit [Member] | Minimum
Condensed Financial Statements, Captions [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	1%
Standby Letters of Credit [Member] | Maximum
Condensed Financial Statements, Captions [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	3%
Guarantee Obligations [Member]
Condensed Financial Statements, Captions [Line Items]
Obligations number of agreements | agreement	81
Guarantor Obligations, Maximum Exposure, Undiscounted	$ 2,406
Guarantee Obligations [Member] | Minimum
Condensed Financial Statements, Captions [Line Items]
Loss Contingency, Estimate of Possible Loss	1
Guarantee Obligations [Member] | Maximum
Condensed Financial Statements, Captions [Line Items]
Loss Contingency, Estimate of Possible Loss	$ 400
Unsecured Debt [Member] | Financial Standby Letter of Credit [Member]
Condensed Financial Statements, Captions [Line Items]
Obligations number of agreements | agreement	39
Guarantor Obligations, Maximum Exposure, Undiscounted	$ 128
Unsecured Debt [Member] | Financial Standby Letter of Credit [Member] | Minimum
Condensed Financial Statements, Captions [Line Items]
Loss Contingency, Estimate of Possible Loss	1
Unsecured Debt [Member] | Financial Standby Letter of Credit [Member] | Maximum
Condensed Financial Statements, Captions [Line Items]
Loss Contingency, Estimate of Possible Loss	$ 36
Secured Debt [Member] | Standby Letters of Credit [Member]
Condensed Financial Statements, Captions [Line Items]
Obligations number of agreements | agreement	2
Guarantor Obligations, Maximum Exposure, Undiscounted	$ 123
Secured Debt [Member] | Financial Standby Letter of Credit [Member]
Condensed Financial Statements, Captions [Line Items]
Obligations number of agreements | agreement	16
Guarantor Obligations, Maximum Exposure, Undiscounted	$ 34
Secured Debt [Member] | Financial Standby Letter of Credit [Member] | Minimum
Condensed Financial Statements, Captions [Line Items]
Loss Contingency, Estimate of Possible Loss	1
Secured Debt [Member] | Financial Standby Letter of Credit [Member] | Maximum
Condensed Financial Statements, Captions [Line Items]
Loss Contingency, Estimate of Possible Loss	$ 15