Company Quick10K Filing
AES
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 667 $10,885
10-Q 2019-11-06 Quarter: 2019-09-30
10-Q 2019-08-06 Quarter: 2019-06-30
10-Q 2019-05-07 Quarter: 2019-03-31
10-K 2019-02-27 Annual: 2018-12-31
10-Q 2018-11-06 Quarter: 2018-09-30
10-Q 2018-08-07 Quarter: 2018-06-30
10-Q 2018-05-08 Quarter: 2018-03-31
10-K 2018-02-27 Annual: 2017-12-31
10-Q 2017-11-02 Quarter: 2017-09-30
10-Q 2017-08-08 Quarter: 2017-06-30
10-Q 2017-05-08 Quarter: 2017-03-31
10-K 2017-02-27 Annual: 2016-12-31
10-Q 2016-11-04 Quarter: 2016-09-30
10-Q 2016-08-05 Quarter: 2016-06-30
10-Q 2016-05-09 Quarter: 2016-03-31
10-K 2016-02-24 Annual: 2015-12-31
10-Q 2015-11-05 Quarter: 2015-09-30
10-Q 2015-08-10 Quarter: 2015-06-30
10-Q 2015-05-11 Quarter: 2015-03-31
10-K 2015-02-26 Annual: 2014-12-31
10-Q 2014-11-06 Quarter: 2014-09-30
10-Q 2014-08-07 Quarter: 2014-06-30
10-Q 2014-05-08 Quarter: 2014-03-31
10-K 2014-02-26 Annual: 2013-12-31
10-Q 2013-11-07 Quarter: 2013-09-30
10-Q 2013-08-08 Quarter: 2013-06-30
10-Q 2013-05-09 Quarter: 2013-03-31
10-K 2013-02-27 Annual: 2012-12-31
10-Q 2012-11-07 Quarter: 2012-09-30
10-Q 2012-08-06 Quarter: 2012-06-30
10-Q 2012-05-04 Quarter: 2012-03-31
10-K 2012-02-27 Annual: 2011-12-31
10-Q 2011-11-04 Quarter: 2011-09-30
10-Q 2011-08-05 Quarter: 2011-06-30
10-Q 2011-05-09 Quarter: 2011-03-31
10-K 2011-02-28 Annual: 2010-12-31
10-Q 2010-11-04 Quarter: 2010-09-30
10-Q 2010-08-06 Quarter: 2010-06-30
10-Q 2010-05-07 Quarter: 2010-03-31
10-K 2010-02-26 Annual: 2009-12-31
8-K 2020-01-06 Officers, Exhibits
8-K 2019-12-06 Amend Bylaw, Exhibits
8-K 2019-11-22 Regulation FD
8-K 2019-11-06 Earnings, Regulation FD, Exhibits
8-K 2019-08-06 Earnings, Regulation FD, Exhibits
8-K 2019-05-07 Earnings, Regulation FD, Exhibits
8-K 2019-04-18 Shareholder Vote
8-K 2019-02-26 Earnings, Regulation FD, Exhibits
8-K 2019-02-22 Officers
8-K 2018-11-05 Earnings, Regulation FD, Exhibits
8-K 2018-11-01 Officers
8-K 2018-08-07 Earnings, Regulation FD, Exhibits
8-K 2018-05-08 Earnings, Regulation FD, Exhibits
8-K 2018-04-19 Shareholder Vote
8-K 2018-03-21 M&A, Exhibits
8-K 2018-03-21 Shareholder Rights, Exhibits
8-K 2018-03-15 Shareholder Rights, Exhibits
8-K 2018-03-15 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-03-01 Enter Agreement, Exhibits
8-K 2018-02-27 Earnings, Regulation FD, Exhibits
8-K 2018-01-30 Officers
8-K 2018-01-17 Officers
8-K 2018-01-16 Earnings, Other Events
AES 2019-09-30
Part I: Financial Information
Item 1. Financial Statements
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations
Item 3. Quantitative and Qualitative Disclosures About Market Risk
Item 4. Controls and Procedures
Part Ii: Other Information
Item 1. Legal Proceedings
Item 1A. Risk Factors
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Item 3. Defaults Upon Senior Securities
Item 4. Mine Safety Disclosures
Item 5. Other Information
Item 6. Exhibits
EX-31.1 aes09302019exhibit311.htm
EX-31.2 aes09302019exhibit312.htm
EX-32.1 aes09302019exhibit321.htm
EX-32.2 aes09302019exhibit322.htm

AES Earnings 2019-09-30

AES 10Q Quarterly Report

Balance SheetIncome StatementCash Flow

Comparables ($MM TTM)
Ticker M Cap Assets Liab Rev G Profit Net Inc EBITDA EV G Margin EV/EBITDA ROA
AGR 15,863 33,141 17,592 6,453 0 580 1,871 22,347 0% 11.9 2%
CNP 14,898 34,189 25,932 11,577 7,115 562 2,025 16,428 61% 8.1 2%
CPL 14,495 42,212 0 0 0 0 14,495 0%
CEPU 13,172 57,260 24,331 0 0 0 0 13,172 0%
VST 11,860 26,520 18,616 11,662 0 726 3,642 22,208 0% 6.1 3%
PNW 10,933 18,166 12,492 3,634 2,522 622 1,672 16,500 69% 9.9 3%
AES 10,885 33,238 26,874 10,592 2,405 672 3,100 8,932 23% 2.9 2%
NRG 9,628 9,171 10,800 10,073 2,892 624 1,417 15,334 29% 10.8 7%
KEP 9,392 185,249,061 114,156,299 0 0 0 0 9,254 0%
OGE 8,718 10,886 6,879 2,214 1,350 407 934 11,912 61% 12.8 4%

Document
0.04380.020.0447900000031200000029220000003350000000false--12-31Q3201900008747612300000021000000200000010000000.13650.13650.130.130.13650.13650.010.01120000000012000000008172036918177839166622980966638926560.01750.02250.04158140200000000200000044000000004570000003020000001500000029600000015700000001000000012000000600000040000000000200000030000000000007000000150000006000000900000002000000013000000300000030000004400000097000000154905595153891260 0000874761 2019-01-01 2019-09-30 0000874761 2019-10-31 0000874761 2019-09-30 0000874761 2018-12-31 0000874761 us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2019-09-30 0000874761 us-gaap:VariableInterestEntityPrimaryBeneficiaryMember 2018-12-31 0000874761 2018-01-01 2018-09-30 0000874761 2018-07-01 2018-09-30 0000874761 2019-07-01 2019-09-30 0000874761 us-gaap:ElectricityGenerationMember 2019-01-01 2019-09-30 0000874761 us-gaap:ElectricDistributionMember 2019-07-01 2019-09-30 0000874761 us-gaap:ElectricityGenerationMember 2018-01-01 2018-09-30 0000874761 us-gaap:ElectricDistributionMember 2018-01-01 2018-09-30 0000874761 us-gaap:ElectricityGenerationMember 2018-07-01 2018-09-30 0000874761 us-gaap:ElectricityGenerationMember 2019-07-01 2019-09-30 0000874761 us-gaap:ElectricDistributionMember 2019-01-01 2019-09-30 0000874761 us-gaap:ElectricDistributionMember 2018-07-01 2018-09-30 0000874761 us-gaap:RetainedEarningsMember 2019-01-01 2019-03-31 0000874761 us-gaap:RetainedEarningsMember 2019-07-01 2019-09-30 0000874761 us-gaap:TreasuryStockMember 2019-07-01 2019-09-30 0000874761 us-gaap:CommonStockMember 2019-01-01 2019-03-31 0000874761 us-gaap:CommonStockMember 2019-07-01 2019-09-30 0000874761 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-01-01 2019-03-31 0000874761 us-gaap:CommonStockMember 2019-04-01 2019-06-30 0000874761 us-gaap:RetainedEarningsMember 2019-03-31 0000874761 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-07-01 2019-09-30 0000874761 us-gaap:TreasuryStockMember 2019-06-30 0000874761 us-gaap:NoncontrollingInterestMember 2019-07-01 2019-09-30 0000874761 us-gaap:NoncontrollingInterestMember 2019-04-01 2019-06-30 0000874761 us-gaap:TreasuryStockMember 2019-04-01 2019-06-30 0000874761 us-gaap:AdditionalPaidInCapitalMember 2019-07-01 2019-09-30 0000874761 us-gaap:RetainedEarningsMember 2019-04-01 2019-06-30 0000874761 us-gaap:TreasuryStockMember 2018-12-31 0000874761 us-gaap:NoncontrollingInterestMember 2018-12-31 0000874761 us-gaap:NoncontrollingInterestMember 2019-01-01 2019-03-31 0000874761 us-gaap:RetainedEarningsMember 2019-09-30 0000874761 us-gaap:TreasuryStockMember 2019-01-01 2019-03-31 0000874761 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-06-30 0000874761 us-gaap:TreasuryStockMember 2019-03-31 0000874761 us-gaap:AdditionalPaidInCapitalMember 2019-04-01 2019-06-30 0000874761 us-gaap:AdditionalPaidInCapitalMember 2019-03-31 0000874761 us-gaap:CommonStockMember 2019-06-30 0000874761 us-gaap:RetainedEarningsMember 2018-12-31 0000874761 us-gaap:AdditionalPaidInCapitalMember 2019-01-01 2019-03-31 0000874761 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-04-01 2019-06-30 0000874761 us-gaap:NoncontrollingInterestMember 2019-09-30 0000874761 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-03-31 0000874761 us-gaap:CommonStockMember 2019-03-31 0000874761 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-09-30 0000874761 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-12-31 0000874761 us-gaap:NoncontrollingInterestMember 2019-03-31 0000874761 us-gaap:TreasuryStockMember 2019-09-30 0000874761 us-gaap:CommonStockMember 2019-09-30 0000874761 us-gaap:RetainedEarningsMember 2019-06-30 0000874761 us-gaap:CommonStockMember 2018-12-31 0000874761 us-gaap:NoncontrollingInterestMember 2019-06-30 0000874761 us-gaap:AdditionalPaidInCapitalMember 2018-12-31 0000874761 us-gaap:AdditionalPaidInCapitalMember 2019-06-30 0000874761 us-gaap:AdditionalPaidInCapitalMember 2019-09-30 0000874761 us-gaap:NoncontrollingInterestMember 2018-01-01 2018-03-31 0000874761 us-gaap:CommonStockMember 2017-12-31 0000874761 us-gaap:CommonStockMember 2018-07-01 2018-09-30 0000874761 us-gaap:RetainedEarningsMember 2018-07-01 2018-09-30 0000874761 us-gaap:TreasuryStockMember 2018-01-01 2018-03-31 0000874761 us-gaap:RetainedEarningsMember 2018-01-01 2018-03-31 0000874761 us-gaap:NoncontrollingInterestMember 2018-07-01 2018-09-30 0000874761 us-gaap:CommonStockMember 2018-01-01 2018-03-31 0000874761 us-gaap:TreasuryStockMember 2018-03-31 0000874761 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-12-31 0000874761 us-gaap:TreasuryStockMember 2018-07-01 2018-09-30 0000874761 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-07-01 2018-09-30 0000874761 us-gaap:RetainedEarningsMember 2018-04-01 2018-06-30 0000874761 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-04-01 2018-06-30 0000874761 us-gaap:AdditionalPaidInCapitalMember 2018-01-01 2018-03-31 0000874761 us-gaap:CommonStockMember 2018-06-30 0000874761 us-gaap:CommonStockMember 2018-04-01 2018-06-30 0000874761 us-gaap:NoncontrollingInterestMember 2018-09-30 0000874761 us-gaap:TreasuryStockMember 2018-04-01 2018-06-30 0000874761 us-gaap:AdditionalPaidInCapitalMember 2018-04-01 2018-06-30 0000874761 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-01-01 2018-03-31 0000874761 us-gaap:RetainedEarningsMember 2018-03-31 0000874761 us-gaap:CommonStockMember 2018-03-31 0000874761 us-gaap:AdditionalPaidInCapitalMember 2018-07-01 2018-09-30 0000874761 us-gaap:NoncontrollingInterestMember 2018-04-01 2018-06-30 0000874761 us-gaap:AdditionalPaidInCapitalMember 2018-06-30 0000874761 us-gaap:AdditionalPaidInCapitalMember 2018-03-31 0000874761 us-gaap:TreasuryStockMember 2017-12-31 0000874761 us-gaap:RetainedEarningsMember 2018-09-30 0000874761 us-gaap:RetainedEarningsMember 2017-12-31 0000874761 us-gaap:TreasuryStockMember 2018-09-30 0000874761 us-gaap:AdditionalPaidInCapitalMember 2018-09-30 0000874761 us-gaap:RetainedEarningsMember 2018-06-30 0000874761 us-gaap:NoncontrollingInterestMember 2018-06-30 0000874761 us-gaap:TreasuryStockMember 2018-06-30 0000874761 us-gaap:CommonStockMember 2018-09-30 0000874761 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-06-30 0000874761 us-gaap:NoncontrollingInterestMember 2018-03-31 0000874761 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-03-31 0000874761 us-gaap:NoncontrollingInterestMember 2017-12-31 0000874761 us-gaap:AdditionalPaidInCapitalMember 2017-12-31 0000874761 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-09-30 0000874761 2018-01-01 2018-03-31 0000874761 2019-01-01 2019-03-31 0000874761 aes:FluenceMember aes:NoncashMember 2019-01-01 2019-09-30 0000874761 aes:SPowerMember 2019-01-01 2019-09-30 0000874761 2018-09-30 0000874761 aes:SPowerMember 2018-01-01 2018-09-30 0000874761 2017-12-31 0000874761 aes:FluenceMember aes:NoncashMember 2018-01-01 2018-09-30 0000874761 us-gaap:AccountingStandardsUpdate201602Member 2018-12-31 0000874761 2019-01-01 0000874761 country:AR us-gaap:AccountingStandardsUpdate201613Member 2019-09-30 0000874761 us-gaap:AccountingStandardsUpdate201613Member us-gaap:DebtSecuritiesMember 2019-09-30 0000874761 us-gaap:AccountingStandardsUpdate201613Member 2019-09-30 0000874761 us-gaap:AccountingStandardsUpdate201409Member us-gaap:RetainedEarningsMember 2019-01-01 0000874761 us-gaap:AccountingStandardsUpdate201712Member us-gaap:RetainedEarningsMember 2019-01-01 0000874761 2019-03-31 0000874761 currency:ARS us-gaap:ForeignExchangeContractMember 2019-09-30 0000874761 us-gaap:CrossCurrencyInterestRateContractMember 2019-09-30 0000874761 us-gaap:InterestRateContractMember 2019-09-30 0000874761 us-gaap:CommodityContractMember 2019-09-30 0000874761 aes:KilrootandBallylumfordMember aes:LongLivedAssetsHeldForSaleMember us-gaap:FairValueInputsLevel1Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2019-09-30 0000874761 aes:KilrootandBallylumfordMember aes:LongLivedAssetsHeldForSaleMember us-gaap:FairValueInputsLevel2Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2019-09-30 0000874761 aes:KilrootandBallylumfordMember aes:LongLivedAssetsHeldForSaleMember us-gaap:CarryingReportedAmountFairValueDisclosureMember 2019-09-30 0000874761 aes:KilrootandBallylumfordMember aes:LongLivedAssetsHeldForSaleMember 2019-01-01 2019-09-30 0000874761 aes:KilrootandBallylumfordMember aes:LongLivedAssetsHeldForSaleMember us-gaap:FairValueInputsLevel3Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2019-09-30 0000874761 us-gaap:CrossCurrencyInterestRateContractMember 2018-01-01 2018-09-30 0000874761 aes:OthercomprehensiveincomeDerivativeactivityMember 2018-01-01 2018-09-30 0000874761 us-gaap:CrossCurrencyInterestRateContractMember aes:OthercomprehensiveincomeDerivativeactivityMember 2018-01-01 2018-09-30 0000874761 us-gaap:CommodityContractMember 2018-01-01 2018-09-30 0000874761 us-gaap:InterestRateContractMember 2018-01-01 2018-09-30 0000874761 us-gaap:ForeignExchangeContractMember 2018-01-01 2018-09-30 0000874761 us-gaap:CommodityContractMember 2018-09-30 0000874761 us-gaap:CommodityContractMember aes:OthercomprehensiveincomeDerivativeactivityMember 2018-01-01 2018-09-30 0000874761 us-gaap:InterestRateContractMember 2018-09-30 0000874761 us-gaap:CrossCurrencyInterestRateContractMember 2018-09-30 0000874761 us-gaap:CommodityContractMember 2017-12-31 0000874761 us-gaap:InterestRateContractMember 2017-12-31 0000874761 us-gaap:CrossCurrencyInterestRateContractMember 2017-12-31 0000874761 us-gaap:ForeignExchangeContractMember 2018-09-30 0000874761 us-gaap:InterestRateContractMember aes:OthercomprehensiveincomeDerivativeactivityMember 2018-01-01 2018-09-30 0000874761 us-gaap:ForeignExchangeContractMember aes:OthercomprehensiveincomeDerivativeactivityMember 2018-01-01 2018-09-30 0000874761 us-gaap:ForeignExchangeContractMember 2017-12-31 0000874761 us-gaap:ForeignExchangeContractMember 2019-01-01 2019-09-30 0000874761 us-gaap:CommodityContractMember aes:OthercomprehensiveincomeDerivativeactivityMember 2019-01-01 2019-09-30 0000874761 us-gaap:InterestRateContractMember 2019-01-01 2019-09-30 0000874761 us-gaap:CommodityContractMember 2019-01-01 2019-09-30 0000874761 us-gaap:CrossCurrencyInterestRateContractMember 2019-01-01 2019-09-30 0000874761 us-gaap:CommodityContractMember 2018-12-31 0000874761 us-gaap:ForeignExchangeContractMember 2019-09-30 0000874761 us-gaap:ForeignExchangeContractMember aes:OthercomprehensiveincomeDerivativeactivityMember 2019-01-01 2019-09-30 0000874761 us-gaap:ForeignExchangeContractMember 2018-12-31 0000874761 us-gaap:InterestRateContractMember 2018-12-31 0000874761 us-gaap:CrossCurrencyInterestRateContractMember 2018-12-31 0000874761 aes:OthercomprehensiveincomeDerivativeactivityMember 2019-01-01 2019-09-30 0000874761 us-gaap:InterestRateContractMember aes:OthercomprehensiveincomeDerivativeactivityMember 2019-01-01 2019-09-30 0000874761 aes:ShadyPointMember aes:LongLivedAssetsHeldAndUsedMember us-gaap:CarryingReportedAmountFairValueDisclosureMember 2018-09-30 0000874761 aes:ShadyPointMember aes:LongLivedAssetsHeldAndUsedMember us-gaap:FairValueInputsLevel1Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2018-09-30 0000874761 aes:ElstaMember us-gaap:EquityMethodInvestmentsMember us-gaap:CarryingReportedAmountFairValueDisclosureMember 2018-09-30 0000874761 aes:ElstaMember us-gaap:EquityMethodInvestmentsMember us-gaap:FairValueInputsLevel2Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2018-09-30 0000874761 aes:ElstaMember us-gaap:EquityMethodInvestmentsMember us-gaap:FairValueInputsLevel1Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2018-09-30 0000874761 aes:ElstaMember us-gaap:EquityMethodInvestmentsMember us-gaap:FairValueInputsLevel3Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2018-09-30 0000874761 aes:ShadyPointMember aes:LongLivedAssetsHeldAndUsedMember us-gaap:FairValueInputsLevel2Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2018-09-30 0000874761 aes:ShadyPointMember aes:LongLivedAssetsHeldAndUsedMember 2018-01-01 2018-09-30 0000874761 aes:ElstaMember us-gaap:EquityMethodInvestmentsMember 2018-01-01 2018-09-30 0000874761 aes:ShadyPointMember aes:LongLivedAssetsHeldAndUsedMember us-gaap:FairValueInputsLevel3Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2018-09-30 0000874761 us-gaap:CommodityContractMember 2018-07-01 2018-09-30 0000874761 2018-06-30 0000874761 us-gaap:ForeignExchangeContractMember 2018-07-01 2018-09-30 0000874761 us-gaap:CrossCurrencyInterestRateContractMember 2018-06-30 0000874761 us-gaap:InterestRateContractMember aes:OthercomprehensiveincomeDerivativeactivityMember 2018-07-01 2018-09-30 0000874761 us-gaap:InterestRateContractMember 2018-06-30 0000874761 us-gaap:ForeignExchangeContractMember aes:OthercomprehensiveincomeDerivativeactivityMember 2018-07-01 2018-09-30 0000874761 us-gaap:CommodityContractMember 2018-06-30 0000874761 us-gaap:CrossCurrencyInterestRateContractMember 2018-07-01 2018-09-30 0000874761 us-gaap:InterestRateContractMember 2018-07-01 2018-09-30 0000874761 us-gaap:CommodityContractMember aes:OthercomprehensiveincomeDerivativeactivityMember 2018-07-01 2018-09-30 0000874761 aes:OthercomprehensiveincomeDerivativeactivityMember 2018-07-01 2018-09-30 0000874761 us-gaap:ForeignExchangeContractMember 2018-06-30 0000874761 us-gaap:CrossCurrencyInterestRateContractMember aes:OthercomprehensiveincomeDerivativeactivityMember 2018-07-01 2018-09-30 0000874761 us-gaap:EstimateOfFairValueFairValueDisclosureMember 2018-12-31 0000874761 us-gaap:EstimateOfFairValueFairValueDisclosureMember 2019-09-30 0000874761 us-gaap:CrossCurrencyInterestRateContractMember 2019-07-01 2019-09-30 0000874761 us-gaap:InterestRateContractMember 2019-07-01 2019-09-30 0000874761 us-gaap:CommodityContractMember 2019-06-30 0000874761 us-gaap:ForeignExchangeContractMember 2019-07-01 2019-09-30 0000874761 us-gaap:CommodityContractMember 2019-07-01 2019-09-30 0000874761 us-gaap:InterestRateContractMember 2019-06-30 0000874761 us-gaap:ForeignExchangeContractMember aes:OthercomprehensiveincomeDerivativeactivityMember 2019-07-01 2019-09-30 0000874761 us-gaap:CrossCurrencyInterestRateContractMember aes:OthercomprehensiveincomeDerivativeactivityMember 2019-07-01 2019-09-30 0000874761 us-gaap:ForeignExchangeContractMember 2019-06-30 0000874761 2019-06-30 0000874761 aes:OthercomprehensiveincomeDerivativeactivityMember 2019-07-01 2019-09-30 0000874761 us-gaap:InterestRateContractMember aes:OthercomprehensiveincomeDerivativeactivityMember 2019-07-01 2019-09-30 0000874761 us-gaap:CrossCurrencyInterestRateContractMember 2019-06-30 0000874761 us-gaap:CommodityContractMember aes:OthercomprehensiveincomeDerivativeactivityMember 2019-07-01 2019-09-30 0000874761 us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:FairValueInputsLevel3Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:FairValueInputsLevel2Member 2018-12-31 0000874761 us-gaap:FairValueInputsLevel1Member us-gaap:DebtSecuritiesMember 2018-12-31 0000874761 us-gaap:CommodityContractMember us-gaap:FairValueInputsLevel3Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:OtherDebtSecuritiesMember us-gaap:AvailableforsaleSecuritiesMember 2018-12-31 0000874761 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:FairValueInputsLevel1Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:FairValueInputsLevel1Member 2018-12-31 0000874761 us-gaap:CorporateDebtSecuritiesMember us-gaap:FairValueInputsLevel1Member us-gaap:AvailableforsaleSecuritiesMember 2019-09-30 0000874761 us-gaap:EquityFundsMember us-gaap:FairValueInputsLevel1Member us-gaap:AvailableforsaleSecuritiesMember 2018-12-31 0000874761 us-gaap:CommodityContractMember us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:FairValueInputsLevel2Member 2019-09-30 0000874761 us-gaap:FairValueInputsLevel1Member us-gaap:EquitySecuritiesMember 2019-09-30 0000874761 us-gaap:CommodityContractMember us-gaap:FairValueInputsLevel2Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:InterestRateContractMember us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:FairValueInputsLevel3Member us-gaap:EquitySecuritiesMember 2019-09-30 0000874761 us-gaap:MutualFundMember us-gaap:AvailableforsaleSecuritiesMember 2019-09-30 0000874761 us-gaap:FairValueInputsLevel3Member 2018-12-31 0000874761 us-gaap:MutualFundMember us-gaap:FairValueInputsLevel2Member us-gaap:AvailableforsaleSecuritiesMember 2019-09-30 0000874761 us-gaap:DebtSecuritiesMember 2019-09-30 0000874761 us-gaap:EquitySecuritiesMember 2019-09-30 0000874761 us-gaap:InterestRateContractMember us-gaap:FairValueInputsLevel1Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:FairValueInputsLevel3Member us-gaap:DebtSecuritiesMember 2018-12-31 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:FairValueInputsLevel1Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:FairValueInputsLevel1Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:DebtSecuritiesMember 2018-12-31 0000874761 us-gaap:FairValueInputsLevel2Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:FairValueInputsLevel3Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:FairValueInputsLevel1Member 2019-09-30 0000874761 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:FairValueInputsLevel1Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:FairValueInputsLevel1Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:FairValueInputsLevel3Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:FairValueInputsLevel3Member us-gaap:EquitySecuritiesMember 2018-12-31 0000874761 us-gaap:FairValueInputsLevel2Member us-gaap:EquitySecuritiesMember 2018-12-31 0000874761 us-gaap:OtherDebtSecuritiesMember us-gaap:FairValueInputsLevel3Member us-gaap:AvailableforsaleSecuritiesMember 2018-12-31 0000874761 us-gaap:MutualFundMember us-gaap:FairValueInputsLevel3Member us-gaap:AvailableforsaleSecuritiesMember 2019-09-30 0000874761 us-gaap:InterestRateContractMember us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:FairValueInputsLevel1Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:FairValueInputsLevel2Member us-gaap:DebtSecuritiesMember 2018-12-31 0000874761 us-gaap:InterestRateContractMember us-gaap:FairValueInputsLevel2Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:CommodityContractMember us-gaap:FairValueInputsLevel2Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:OtherDebtSecuritiesMember us-gaap:FairValueInputsLevel2Member us-gaap:AvailableforsaleSecuritiesMember 2018-12-31 0000874761 us-gaap:FairValueInputsLevel2Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:FairValueInputsLevel3Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:InterestRateContractMember us-gaap:FairValueInputsLevel3Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:CommodityContractMember us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:OtherDebtSecuritiesMember us-gaap:FairValueInputsLevel1Member us-gaap:AvailableforsaleSecuritiesMember 2019-09-30 0000874761 us-gaap:CommodityContractMember us-gaap:FairValueInputsLevel1Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:CommodityContractMember us-gaap:FairValueInputsLevel2Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:FairValueInputsLevel2Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:FairValueInputsLevel1Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:CommodityContractMember us-gaap:FairValueInputsLevel3Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:CorporateDebtSecuritiesMember us-gaap:FairValueInputsLevel3Member us-gaap:AvailableforsaleSecuritiesMember 2019-09-30 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:FairValueInputsLevel1Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:FairValueInputsLevel2Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:CorporateDebtSecuritiesMember us-gaap:AvailableforsaleSecuritiesMember 2018-12-31 0000874761 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:FairValueInputsLevel2Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:CommodityContractMember us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:FairValueInputsLevel1Member us-gaap:EquitySecuritiesMember 2018-12-31 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:FairValueInputsLevel2Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:FairValueInputsLevel3Member 2019-09-30 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:FairValueInputsLevel1Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:OtherDebtSecuritiesMember us-gaap:FairValueInputsLevel1Member us-gaap:AvailableforsaleSecuritiesMember 2018-12-31 0000874761 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:OtherDebtSecuritiesMember us-gaap:AvailableforsaleSecuritiesMember 2019-09-30 0000874761 us-gaap:EquityFundsMember us-gaap:FairValueInputsLevel2Member us-gaap:AvailableforsaleSecuritiesMember 2018-12-31 0000874761 us-gaap:FairValueInputsLevel3Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:InterestRateContractMember us-gaap:FairValueInputsLevel2Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:FairValueInputsLevel2Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:InterestRateContractMember us-gaap:FairValueInputsLevel3Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:CommodityContractMember us-gaap:FairValueInputsLevel3Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:OtherDebtSecuritiesMember us-gaap:FairValueInputsLevel2Member us-gaap:AvailableforsaleSecuritiesMember 2019-09-30 0000874761 us-gaap:InterestRateContractMember us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:FairValueInputsLevel3Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:CommodityContractMember us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:InterestRateContractMember us-gaap:FairValueInputsLevel1Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:InterestRateContractMember us-gaap:FairValueInputsLevel2Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:InterestRateContractMember us-gaap:FairValueInputsLevel2Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:CommodityContractMember us-gaap:FairValueInputsLevel1Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:InterestRateContractMember us-gaap:FairValueInputsLevel1Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:CommodityContractMember us-gaap:FairValueInputsLevel1Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:FairValueInputsLevel3Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:FairValueInputsLevel3Member us-gaap:DebtSecuritiesMember 2019-09-30 0000874761 us-gaap:CorporateDebtSecuritiesMember us-gaap:FairValueInputsLevel2Member us-gaap:AvailableforsaleSecuritiesMember 2019-09-30 0000874761 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:FairValueInputsLevel3Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:FairValueInputsLevel2Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:InterestRateContractMember us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:OtherDebtSecuritiesMember us-gaap:FairValueInputsLevel3Member us-gaap:AvailableforsaleSecuritiesMember 2019-09-30 0000874761 us-gaap:InterestRateContractMember us-gaap:FairValueInputsLevel3Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:MutualFundMember us-gaap:FairValueInputsLevel1Member us-gaap:AvailableforsaleSecuritiesMember 2019-09-30 0000874761 us-gaap:FairValueInputsLevel3Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:FairValueInputsLevel3Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:EquityFundsMember us-gaap:AvailableforsaleSecuritiesMember 2018-12-31 0000874761 us-gaap:CommodityContractMember us-gaap:FairValueInputsLevel1Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:CorporateDebtSecuritiesMember us-gaap:FairValueInputsLevel3Member us-gaap:AvailableforsaleSecuritiesMember 2018-12-31 0000874761 us-gaap:InterestRateContractMember us-gaap:FairValueInputsLevel3Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:FairValueInputsLevel1Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:CommodityContractMember us-gaap:FairValueInputsLevel3Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:FairValueInputsLevel2Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:CorporateDebtSecuritiesMember us-gaap:FairValueInputsLevel1Member us-gaap:AvailableforsaleSecuritiesMember 2018-12-31 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:FairValueInputsLevel2Member us-gaap:DerivativeMember 2018-12-31 0000874761 us-gaap:FairValueInputsLevel2Member us-gaap:EquitySecuritiesMember 2019-09-30 0000874761 us-gaap:CommodityContractMember us-gaap:FairValueInputsLevel2Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:FairValueInputsLevel1Member us-gaap:DebtSecuritiesMember 2019-09-30 0000874761 us-gaap:EquityFundsMember us-gaap:FairValueInputsLevel3Member us-gaap:AvailableforsaleSecuritiesMember 2018-12-31 0000874761 us-gaap:InterestRateContractMember us-gaap:FairValueInputsLevel1Member us-gaap:DerivativeMember 2019-09-30 0000874761 us-gaap:CorporateDebtSecuritiesMember us-gaap:AvailableforsaleSecuritiesMember 2019-09-30 0000874761 us-gaap:CorporateDebtSecuritiesMember us-gaap:FairValueInputsLevel2Member us-gaap:AvailableforsaleSecuritiesMember 2018-12-31 0000874761 us-gaap:EquitySecuritiesMember 2018-12-31 0000874761 us-gaap:FairValueInputsLevel1Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2018-12-31 0000874761 us-gaap:FairValueInputsLevel3Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2018-12-31 0000874761 us-gaap:FairValueInputsLevel2Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2018-12-31 0000874761 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2018-12-31 0000874761 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2019-09-30 0000874761 us-gaap:FairValueInputsLevel1Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2019-09-30 0000874761 us-gaap:FairValueInputsLevel2Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2019-09-30 0000874761 us-gaap:FairValueInputsLevel3Member us-gaap:EstimateOfFairValueFairValueDisclosureMember 2019-09-30 0000874761 currency:ARS srt:MaximumMember us-gaap:ForeignExchangeContractMember 2019-09-30 0000874761 srt:MinimumMember us-gaap:InterestRateContractMember us-gaap:MeasurementInputEntityCreditRiskMember 2019-01-01 2019-09-30 0000874761 srt:WeightedAverageMember us-gaap:InterestRateContractMember us-gaap:MeasurementInputEntityCreditRiskMember 2019-01-01 2019-09-30 0000874761 currency:ARS srt:WeightedAverageMember us-gaap:ForeignExchangeContractMember 2019-09-30 0000874761 currency:ARS srt:MinimumMember us-gaap:ForeignExchangeContractMember 2019-09-30 0000874761 srt:MaximumMember us-gaap:InterestRateContractMember us-gaap:MeasurementInputEntityCreditRiskMember 2019-01-01 2019-09-30 0000874761 us-gaap:PublicUtilitiesInventoryCoalMember 2019-09-30 0000874761 srt:EnergyDomain 2019-09-30 0000874761 srt:NaturalGasPerThousandCubicFeetMember 2019-09-30 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:NondesignatedMember 2019-01-01 2019-09-30 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:CashFlowHedgingMember 2018-07-01 2018-09-30 0000874761 us-gaap:CommodityContractMember us-gaap:CashFlowHedgingMember 2018-01-01 2018-03-31 0000874761 us-gaap:InterestRateContractMember us-gaap:CashFlowHedgingMember 2019-07-01 2019-09-30 0000874761 us-gaap:NondesignatedMember 2019-01-01 2019-09-30 0000874761 us-gaap:NondesignatedMember 2019-07-01 2019-09-30 0000874761 us-gaap:CashFlowHedgingMember 2018-07-01 2018-09-30 0000874761 us-gaap:OtherContractMember us-gaap:NondesignatedMember 2019-01-01 2019-09-30 0000874761 us-gaap:CashFlowHedgingMember 2019-07-01 2019-09-30 0000874761 us-gaap:CashFlowHedgingMember 2018-01-01 2018-09-30 0000874761 us-gaap:InterestRateContractMember us-gaap:NondesignatedMember 2019-07-01 2019-09-30 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:NondesignatedMember 2019-07-01 2019-09-30 0000874761 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:CashFlowHedgingMember 2018-01-01 2018-09-30 0000874761 us-gaap:CashFlowHedgingMember 2019-01-01 2019-09-30 0000874761 us-gaap:NondesignatedMember 2018-07-01 2018-09-30 0000874761 us-gaap:OtherContractMember us-gaap:NondesignatedMember 2018-01-01 2018-09-30 0000874761 us-gaap:CommodityContractMember us-gaap:CashFlowHedgingMember 2019-01-01 2019-09-30 0000874761 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:CashFlowHedgingMember 2019-01-01 2019-09-30 0000874761 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:CashFlowHedgingMember 2019-07-01 2019-09-30 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:CashFlowHedgingMember 2019-01-01 2019-09-30 0000874761 us-gaap:InterestRateContractMember us-gaap:CashFlowHedgingMember 2019-01-01 2019-09-30 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:CashFlowHedgingMember 2019-07-01 2019-09-30 0000874761 us-gaap:InterestRateContractMember us-gaap:CashFlowHedgingMember 2018-01-01 2018-03-31 0000874761 us-gaap:OtherContractMember us-gaap:NondesignatedMember 2019-07-01 2019-09-30 0000874761 us-gaap:InterestRateContractMember us-gaap:CashFlowHedgingMember 2018-01-01 2018-09-30 0000874761 us-gaap:NondesignatedMember 2018-01-01 2018-09-30 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:CashFlowHedgingMember 2018-01-01 2018-09-30 0000874761 us-gaap:InterestRateContractMember us-gaap:CashFlowHedgingMember 2018-07-01 2018-09-30 0000874761 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:CashFlowHedgingMember 2018-07-01 2018-09-30 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:NondesignatedMember 2018-01-01 2018-09-30 0000874761 us-gaap:CommodityContractMember us-gaap:CashFlowHedgingMember 2018-01-01 2018-09-30 0000874761 us-gaap:InterestRateContractMember us-gaap:NondesignatedMember 2018-01-01 2018-09-30 0000874761 us-gaap:CommodityContractMember us-gaap:CashFlowHedgingMember 2019-07-01 2019-09-30 0000874761 us-gaap:OtherContractMember us-gaap:NondesignatedMember 2018-07-01 2018-09-30 0000874761 us-gaap:CommodityContractMember us-gaap:CashFlowHedgingMember 2018-07-01 2018-09-30 0000874761 us-gaap:InterestRateContractMember us-gaap:NondesignatedMember 2018-07-01 2018-09-30 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:NondesignatedMember 2018-07-01 2018-09-30 0000874761 us-gaap:InterestRateContractMember us-gaap:NondesignatedMember 2019-01-01 2019-09-30 0000874761 us-gaap:OtherCurrentAssetsMember 2018-12-31 0000874761 us-gaap:OtherNoncurrentLiabilitiesMember 2018-12-31 0000874761 us-gaap:OtherCurrentLiabilitiesMember 2019-09-30 0000874761 us-gaap:OtherNoncurrentAssetsMember 2018-12-31 0000874761 us-gaap:OtherNoncurrentLiabilitiesMember 2019-09-30 0000874761 us-gaap:OtherNoncurrentAssetsMember 2019-09-30 0000874761 us-gaap:OtherCurrentLiabilitiesMember 2018-12-31 0000874761 us-gaap:OtherCurrentAssetsMember 2019-09-30 0000874761 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:NondesignatedMember 2019-09-30 0000874761 us-gaap:NondesignatedMember 2019-09-30 0000874761 us-gaap:NondesignatedMember 2018-12-31 0000874761 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:DesignatedAsHedgingInstrumentMember 2018-12-31 0000874761 us-gaap:CommodityContractMember us-gaap:DesignatedAsHedgingInstrumentMember 2018-12-31 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:DesignatedAsHedgingInstrumentMember 2018-12-31 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:NondesignatedMember 2019-09-30 0000874761 us-gaap:InterestRateContractMember us-gaap:NondesignatedMember 2018-12-31 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:DesignatedAsHedgingInstrumentMember 2019-09-30 0000874761 us-gaap:InterestRateContractMember us-gaap:DesignatedAsHedgingInstrumentMember 2019-09-30 0000874761 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:DesignatedAsHedgingInstrumentMember 2019-09-30 0000874761 us-gaap:InterestRateContractMember us-gaap:DesignatedAsHedgingInstrumentMember 2018-12-31 0000874761 us-gaap:DesignatedAsHedgingInstrumentMember 2018-12-31 0000874761 us-gaap:CommodityContractMember us-gaap:NondesignatedMember 2019-09-30 0000874761 us-gaap:ForeignExchangeContractMember us-gaap:NondesignatedMember 2018-12-31 0000874761 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:NondesignatedMember 2018-12-31 0000874761 us-gaap:CommodityContractMember us-gaap:DesignatedAsHedgingInstrumentMember 2019-09-30 0000874761 us-gaap:CommodityContractMember us-gaap:NondesignatedMember 2018-12-31 0000874761 us-gaap:DesignatedAsHedgingInstrumentMember 2019-09-30 0000874761 us-gaap:InterestRateContractMember us-gaap:NondesignatedMember 2019-09-30 0000874761 us-gaap:InterestRateContractMember us-gaap:CashFlowHedgingMember 2019-09-30 0000874761 currency:BRL us-gaap:ForeignExchangeContractMember 2019-09-30 0000874761 aes:OtherunspecifiedcurrencyDomain us-gaap:ForeignExchangeContractMember 2019-09-30 0000874761 currency:CLF us-gaap:CrossCurrencyInterestRateContractMember 2019-09-30 0000874761 aes:LiborandEuriborMember us-gaap:InterestRateContractMember 2019-09-30 0000874761 currency:CLP us-gaap:ForeignExchangeContractMember 2019-09-30 0000874761 currency:COP us-gaap:ForeignExchangeContractMember 2019-09-30 0000874761 country:BR 2018-12-31 0000874761 country:AR 2019-09-30 0000874761 country:AR 2018-12-31 0000874761 aes:OtherEntityMember 2019-09-30 0000874761 2019-09-01 2019-09-30 0000874761 aes:SPowerMember 2019-04-18 2019-04-18 0000874761 2019-07-01 0000874761 2019-07-01 2019-07-31 0000874761 aes:SPowerMember 2019-04-18 0000874761 aes:SimpleEnergyMember 2018-04-09 2018-04-09 0000874761 aes:SPowerMember 2019-03-31 0000874761 aes:GasNaturaldelEsteMember 2019-09-01 2019-09-30 0000874761 aes:MinorityOwnedAffiliatesMember 2018-01-01 2018-09-30 0000874761 aes:MinorityOwnedAffiliatesMember 2019-01-01 2019-09-30 0000874761 aes:A4.0SeniorNotesDue2021DomainDomain us-gaap:UnsecuredDebtMember 2018-03-31 0000874761 aes:A7.375SeniorNotesDue2021MemberMember us-gaap:UnsecuredDebtMember 2018-03-31 0000874761 aes:A7.25SeniorNotesdue2021Domain us-gaap:UnsecuredDebtMember 2019-09-30 0000874761 aes:A4.41SPVLoanMember us-gaap:SeniorNotesMember 2019-09-30 0000874761 aes:LIBOR2.25SeniorNotesDueIn2029Member us-gaap:SeniorNotesMember 2019-09-30 0000874761 aes:A4.0SeniorNotesDue2021DomainDomain us-gaap:SeniorNotesMember 2018-03-31 0000874761 aes:A7.25SeniorNotesdue2021Domain 2019-01-01 2019-09-30 0000874761 aes:A4.5SeniorNotesDue2023DomainDomain us-gaap:SeniorNotesMember 2018-03-31 0000874761 aes:A8.0SeniorNotesDue2020Domain 2018-01-01 2018-03-31 0000874761 aes:A7.25SeniorNotesdue2021Domain us-gaap:SeniorNotesMember 2019-09-30 0000874761 aes:A4.875SeniorNotesDue2023MemberMember us-gaap:UnsecuredDebtMember aes:RecourseDebtMember 2018-01-01 2018-03-31 0000874761 aes:A4.35SeniorNotesdue2029Domain us-gaap:SeniorNotesMember 2019-09-30 0000874761 aes:A4.875SeniorNotesDue2023MemberMember 2019-01-01 2019-09-30 0000874761 aes:A7.375SeniorNotesDue2021MemberMember 2018-01-01 2018-03-31 0000874761 aes:A7.18SPVLoanMemberMember us-gaap:SeniorNotesMember 2019-09-30 0000874761 aes:A4.0SeniorNotesDue2021DomainDomain us-gaap:UnsecuredDebtMember aes:RecourseDebtMember 2018-01-01 2018-03-31 0000874761 aes:A4.5SeniorNotesDue2023DomainDomain us-gaap:UnsecuredDebtMember 2018-03-31 0000874761 aes:A7.25SeniorNotesdue2021Domain us-gaap:UnsecuredDebtMember aes:NonrecourseDebtMember 2019-01-01 2019-09-30 0000874761 aes:A5.5SeniorNotesDue2024MemberMember us-gaap:SeniorNotesMember 2018-03-31 0000874761 aes:A5.5SeniorNotesDue2025MemberMember us-gaap:SeniorNotesMember 2018-03-31 0000874761 aes:A5.5SeniorNotesDue2025MemberMember 2018-01-01 2018-03-31 0000874761 us-gaap:VariableRateDomain us-gaap:SeniorNotesMember 2019-09-30 0000874761 aes:A8.0SeniorNotesDue2020Domain us-gaap:UnsecuredDebtMember 2018-03-31 0000874761 aes:A3.95SeniorNotesdue2049Domain us-gaap:SeniorNotesMember 2019-09-30 0000874761 aes:A5.5SeniorNotesDue2024MemberMember us-gaap:UnsecuredDebtMember aes:RecourseDebtMember 2018-01-01 2018-03-31 0000874761 aes:A4.875SeniorNotesDue2023MemberMember us-gaap:SeniorNotesMember 2019-09-30 0000874761 aes:A5.5SeniorNotesDue2024MemberMember 2018-01-01 2018-03-31 0000874761 us-gaap:VariableRateDomain 2019-01-01 2019-09-30 0000874761 aes:LIBOR4.15SeniorNotesDueIn2029MemberMember us-gaap:SeniorNotesMember aes:NonrecourseDebtMember 2019-01-01 2019-09-30 0000874761 aes:LIBOR1.75TermLoanDueIn2022Member 2019-01-01 2019-09-30 0000874761 aes:JordanMember aes:CovenantViolationMember 2019-09-30 0000874761 country:PR aes:CovenantViolationMember 2019-09-30 0000874761 aes:AESlluminaMember aes:CovenantViolationMember 2019-09-30 0000874761 aes:GenerSubsidiaryMember aes:NonrecourseDebtMember 2019-09-30 0000874761 aes:DplSubsidiaryMember aes:NonrecourseDebtMember 2019-01-01 2019-09-30 0000874761 aes:AngamosMember aes:NonrecourseDebtMember 2019-09-30 0000874761 aes:AltoMaipoMember aes:NonrecourseDebtMember 2019-01-01 2019-09-30 0000874761 aes:AngamosMember aes:NonrecourseDebtMember 2019-01-01 2019-09-30 0000874761 aes:GenerSubsidiaryMember aes:NonrecourseDebtMember 2019-01-01 2019-09-30 0000874761 aes:AESSouthlandDomain aes:NonrecourseDebtMember 2019-01-01 2019-03-31 0000874761 aes:DplSubsidiaryMember aes:NonrecourseDebtMember 2019-09-30 0000874761 aes:AESTieteDomain aes:NonrecourseDebtMember 2019-03-31 0000874761 aes:AESSouthlandDomain aes:NonrecourseDebtMember 2019-03-31 0000874761 aes:AESTieteDomain aes:NonrecourseDebtMember 2019-01-01 2019-03-31 0000874761 aes:AltoMaipoMember aes:NonrecourseDebtMember 2019-09-30 0000874761 aes:LIBOR4.15SeniorNotesDueIn2029MemberMember us-gaap:LondonInterbankOfferedRateLIBORMember 2019-01-01 2019-09-30 0000874761 aes:LIBOR2.25SeniorNotesDueIn2029Member us-gaap:LondonInterbankOfferedRateLIBORMember 2019-01-01 2019-09-30 0000874761 aes:LIBOR1.75TermLoanDueIn2022Member us-gaap:LondonInterbankOfferedRateLIBORMember 2019-01-01 2019-09-30 0000874761 us-gaap:SecuredDebtMember us-gaap:FinancialStandbyLetterOfCreditMember 2019-09-30 0000874761 us-gaap:IndemnificationGuaranteeMember 2019-09-30 0000874761 srt:MaximumMember us-gaap:IndemnificationGuaranteeMember 2019-09-30 0000874761 us-gaap:UnsecuredDebtMember us-gaap:FinancialStandbyLetterOfCreditMember 2019-09-30 0000874761 us-gaap:GuaranteeObligationsMember 2019-09-30 0000874761 aes:LitigationMember 2019-09-30 0000874761 srt:MaximumMember us-gaap:EnvironmentalRemediationContingencyDomain 2019-09-30 0000874761 aes:LitigationMember 2018-12-31 0000874761 srt:MaximumMember aes:LitigationMember 2019-09-30 0000874761 srt:MinimumMember aes:LitigationMember 2019-09-30 0000874761 us-gaap:EnvironmentalRemediationContingencyDomain 2019-09-30 0000874761 srt:MaximumMember us-gaap:StandbyLettersOfCreditMember 2019-01-01 2019-09-30 0000874761 srt:MinimumMember us-gaap:StandbyLettersOfCreditMember 2019-01-01 2019-09-30 0000874761 us-gaap:EnvironmentalRemediationContingencyDomain 2018-12-31 0000874761 srt:MinimumMember us-gaap:GuaranteeObligationsMember 2019-09-30 0000874761 srt:MaximumMember us-gaap:UnsecuredDebtMember us-gaap:FinancialStandbyLetterOfCreditMember 2019-09-30 0000874761 srt:MaximumMember us-gaap:SecuredDebtMember us-gaap:FinancialStandbyLetterOfCreditMember 2019-09-30 0000874761 srt:MaximumMember us-gaap:GuaranteeObligationsMember 2019-09-30 0000874761 srt:MinimumMember us-gaap:SecuredDebtMember us-gaap:FinancialStandbyLetterOfCreditMember 2019-09-30 0000874761 srt:MinimumMember us-gaap:IndemnificationGuaranteeMember 2019-09-30 0000874761 srt:MinimumMember us-gaap:UnsecuredDebtMember us-gaap:FinancialStandbyLetterOfCreditMember 2019-09-30 0000874761 us-gaap:PropertySubjectToOperatingLeaseMember 2019-09-30 0000874761 aes:ColonDomain 2019-09-30 0000874761 aes:IPALCOEnterprisesInc.Member 2019-09-30 0000874761 aes:IplSubsidiaryMember 2019-09-30 0000874761 aes:IPALCOEnterprisesInc.Member 2018-12-31 0000874761 aes:ColonDomain 2018-12-31 0000874761 aes:IplSubsidiaryMember 2018-12-31 0000874761 aes:ColonDomain 2019-01-01 2019-09-30 0000874761 aes:ColonDomain 2018-01-01 2018-09-30 0000874761 us-gaap:SubsequentEventMember 2019-10-04 2019-10-04 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetGainLossFromCashFlowHedgesIncludingPortionAttributableToNoncontrollingInterestMember 2019-01-01 2019-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember 2018-07-01 2018-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetGainLossFromCashFlowHedgesIncludingPortionAttributableToNoncontrollingInterestMember 2018-01-01 2018-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember 2019-01-01 2019-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember 2019-07-01 2019-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetGainLossFromCashFlowHedgesIncludingPortionAttributableToNoncontrollingInterestMember 2018-07-01 2018-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedTranslationAdjustmentMember 2018-01-01 2018-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2018-07-01 2018-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2018-07-01 2018-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetGainLossFromCashFlowHedgesIncludingPortionAttributableToNoncontrollingInterestMember 2019-07-01 2019-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember 2018-01-01 2018-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2019-01-01 2019-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedTranslationAdjustmentMember 2019-01-01 2019-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2019-07-01 2019-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2019-07-01 2019-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetGainLossFromCashFlowHedgesAttributableToNoncontrollingInterestMember 2018-07-01 2018-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetGainLossFromCashFlowHedgesAttributableToNoncontrollingInterestMember 2019-01-01 2019-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2018-01-01 2018-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetGainLossFromCashFlowHedgesAttributableToNoncontrollingInterestMember 2019-07-01 2019-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2019-01-01 2019-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedTranslationAdjustmentMember 2018-07-01 2018-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetGainLossFromCashFlowHedgesAttributableToNoncontrollingInterestMember 2018-01-01 2018-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedTranslationAdjustmentMember 2019-07-01 2019-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2018-07-01 2018-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2019-01-01 2019-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2018-01-01 2018-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2018-01-01 2018-09-30 0000874761 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2019-07-01 2019-09-30 0000874761 us-gaap:AccountingStandardsUpdate201712Member us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2019-01-01 2019-09-30 0000874761 us-gaap:AccountingStandardsUpdate201712Member us-gaap:AccumulatedTranslationAdjustmentMember 2019-01-01 2019-09-30 0000874761 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2019-01-01 2019-09-30 0000874761 us-gaap:AccumulatedTranslationAdjustmentMember 2019-01-01 2019-09-30 0000874761 us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2019-01-01 2019-09-30 0000874761 us-gaap:AccountingStandardsUpdate201712Member 2019-01-01 2019-09-30 0000874761 us-gaap:AccountingStandardsUpdate201712Member us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2019-01-01 2019-09-30 0000874761 2019-04-01 2019-06-30 0000874761 us-gaap:IntersegmentEliminationMember 2019-01-01 2019-09-30 0000874761 us-gaap:OperatingSegmentsMember aes:CorporateOtherAndOtherEliminationsMember 2019-01-01 2019-09-30 0000874761 us-gaap:OperatingSegmentsMember aes:CorporateOtherAndOtherEliminationsMember 2018-01-01 2018-09-30 0000874761 us-gaap:OperatingSegmentsMember aes:MCACMember 2018-07-01 2018-09-30 0000874761 us-gaap:IntersegmentEliminationMember 2019-07-01 2019-09-30 0000874761 us-gaap:OperatingSegmentsMember aes:CorporateOtherAndOtherEliminationsMember 2018-07-01 2018-09-30 0000874761 us-gaap:OperatingSegmentsMember aes:MCACMember 2019-07-01 2019-09-30 0000874761 us-gaap:OperatingSegmentsMember aes:USandUtilitiesMember 2018-01-01 2018-09-30 0000874761 us-gaap:OperatingSegmentsMember aes:MCACMember 2018-01-01 2018-09-30 0000874761 us-gaap:OperatingSegmentsMember aes:USandUtilitiesMember 2019-01-01 2019-09-30 0000874761 us-gaap:OperatingSegmentsMember srt:SouthAmericaMember 2018-07-01 2018-09-30 0000874761 us-gaap:IntersegmentEliminationMember 2018-07-01 2018-09-30 0000874761 us-gaap:OperatingSegmentsMember srt:SouthAmericaMember 2019-07-01 2019-09-30 0000874761 us-gaap:OperatingSegmentsMember aes:MCACMember 2019-01-01 2019-09-30 0000874761 us-gaap:OperatingSegmentsMember aes:CorporateOtherAndOtherEliminationsMember 2019-07-01 2019-09-30 0000874761 us-gaap:OperatingSegmentsMember aes:USandUtilitiesMember 2019-07-01 2019-09-30 0000874761 us-gaap:OperatingSegmentsMember aes:EURASIAMember 2018-01-01 2018-09-30 0000874761 us-gaap:OperatingSegmentsMember srt:SouthAmericaMember 2019-01-01 2019-09-30 0000874761 us-gaap:OperatingSegmentsMember aes:EURASIAMember 2019-07-01 2019-09-30 0000874761 us-gaap:OperatingSegmentsMember srt:SouthAmericaMember 2018-01-01 2018-09-30 0000874761 us-gaap:OperatingSegmentsMember aes:EURASIAMember 2019-01-01 2019-09-30 0000874761 us-gaap:IntersegmentEliminationMember 2018-01-01 2018-09-30 0000874761 us-gaap:OperatingSegmentsMember aes:EURASIAMember 2018-07-01 2018-09-30 0000874761 us-gaap:OperatingSegmentsMember aes:USandUtilitiesMember 2018-07-01 2018-09-30 0000874761 us-gaap:OperatingSegmentsMember aes:MCACMember 2018-12-31 0000874761 us-gaap:OperatingSegmentsMember srt:SouthAmericaMember 2019-09-30 0000874761 us-gaap:OperatingSegmentsMember aes:CorporateOtherAndOtherEliminationsMember 2018-12-31 0000874761 us-gaap:OperatingSegmentsMember aes:CorporateOtherAndOtherEliminationsMember 2019-09-30 0000874761 us-gaap:OperatingSegmentsMember aes:EURASIAMember 2018-12-31 0000874761 us-gaap:OperatingSegmentsMember srt:SouthAmericaMember 2018-12-31 0000874761 us-gaap:OperatingSegmentsMember aes:USandUtilitiesMember 2019-09-30 0000874761 us-gaap:OperatingSegmentsMember aes:USandUtilitiesMember 2018-12-31 0000874761 us-gaap:OperatingSegmentsMember aes:EURASIAMember 2019-09-30 0000874761 us-gaap:OperatingSegmentsMember aes:MCACMember 2019-09-30 0000874761 aes:NonregulatedrevenueMember 2018-01-01 2018-09-30 0000874761 aes:NonregulatedrevenueMember aes:USandUtilitiesDomain 2019-01-01 2019-09-30 0000874761 aes:RegulatedRevenueMember aes:EURASIAMember 2018-01-01 2018-09-30 0000874761 aes:NonregulatedrevenueMember aes:EURASIAMember 2019-01-01 2019-09-30 0000874761 aes:RegulatedRevenueMember aes:MCACMember 2019-01-01 2019-09-30 0000874761 aes:NonregulatedrevenueMember 2019-01-01 2019-09-30 0000874761 aes:NonregulatedrevenueMember srt:SouthAmericaMember 2018-01-01 2018-09-30 0000874761 aes:RegulatedRevenueMember aes:EURASIAMember 2019-01-01 2019-09-30 0000874761 aes:EURASIAMember 2019-01-01 2019-09-30 0000874761 aes:RegulatedRevenueMember 2019-01-01 2019-09-30 0000874761 aes:NonregulatedrevenueMember srt:SouthAmericaMember 2019-01-01 2019-09-30 0000874761 aes:EURASIAMember 2018-01-01 2018-09-30 0000874761 aes:NonregulatedrevenueMember aes:MCACMember 2018-01-01 2018-09-30 0000874761 aes:RegulatedRevenueMember aes:CorporateOtherAndOtherEliminationsMember 2018-01-01 2018-09-30 0000874761 aes:RegulatedRevenueMember aes:MCACMember 2018-01-01 2018-09-30 0000874761 srt:SouthAmericaMember 2019-01-01 2019-09-30 0000874761 aes:NonregulatedrevenueMember aes:CorporateOtherAndOtherEliminationsMember 2019-01-01 2019-09-30 0000874761 aes:NonregulatedrevenueMember aes:MCACMember 2019-01-01 2019-09-30 0000874761 aes:MCACMember 2018-01-01 2018-09-30 0000874761 aes:RegulatedRevenueMember srt:SouthAmericaMember 2019-01-01 2019-09-30 0000874761 aes:NonregulatedrevenueMember aes:CorporateOtherAndOtherEliminationsMember 2018-01-01 2018-09-30 0000874761 aes:RegulatedRevenueMember 2018-01-01 2018-09-30 0000874761 aes:NonregulatedrevenueMember aes:EURASIAMember 2018-01-01 2018-09-30 0000874761 aes:RegulatedRevenueMember srt:SouthAmericaMember 2018-01-01 2018-09-30 0000874761 aes:RegulatedRevenueMember aes:USandUtilitiesDomain 2019-01-01 2019-09-30 0000874761 aes:NonregulatedrevenueMember aes:USandUtilitiesDomain 2018-01-01 2018-09-30 0000874761 aes:RegulatedRevenueMember aes:CorporateOtherAndOtherEliminationsMember 2019-01-01 2019-09-30 0000874761 aes:USandUtilitiesDomain 2019-01-01 2019-09-30 0000874761 srt:SouthAmericaMember 2018-01-01 2018-09-30 0000874761 aes:CorporateOtherAndOtherEliminationsMember 2018-01-01 2018-09-30 0000874761 aes:MCACMember 2019-01-01 2019-09-30 0000874761 aes:RegulatedRevenueMember aes:USandUtilitiesDomain 2018-01-01 2018-09-30 0000874761 aes:CorporateOtherAndOtherEliminationsMember 2019-01-01 2019-09-30 0000874761 aes:USandUtilitiesDomain 2018-01-01 2018-09-30 0000874761 aes:USandUtilitiesDomain 2019-07-01 2019-09-30 0000874761 aes:RegulatedRevenueMember aes:EURASIAMember 2018-07-01 2018-09-30 0000874761 aes:NonregulatedrevenueMember aes:EURASIAMember 2019-07-01 2019-09-30 0000874761 aes:CorporateOtherAndOtherEliminationsMember 2018-07-01 2018-09-30 0000874761 aes:NonregulatedrevenueMember aes:EURASIAMember 2018-07-01 2018-09-30 0000874761 aes:NonregulatedrevenueMember aes:CorporateOtherAndOtherEliminationsMember 2019-07-01 2019-09-30 0000874761 aes:CorporateOtherAndOtherEliminationsMember 2019-07-01 2019-09-30 0000874761 aes:RegulatedRevenueMember aes:CorporateOtherAndOtherEliminationsMember 2018-07-01 2018-09-30 0000874761 aes:NonregulatedrevenueMember aes:USandUtilitiesDomain 2019-07-01 2019-09-30 0000874761 aes:RegulatedRevenueMember srt:SouthAmericaMember 2018-07-01 2018-09-30 0000874761 aes:NonregulatedrevenueMember aes:MCACMember 2018-07-01 2018-09-30 0000874761 aes:RegulatedRevenueMember 2019-07-01 2019-09-30 0000874761 aes:NonregulatedrevenueMember srt:SouthAmericaMember 2018-07-01 2018-09-30 0000874761 aes:NonregulatedrevenueMember 2019-07-01 2019-09-30 0000874761 aes:NonregulatedrevenueMember aes:USandUtilitiesDomain 2018-07-01 2018-09-30 0000874761 aes:NonregulatedrevenueMember srt:SouthAmericaMember 2019-07-01 2019-09-30 0000874761 aes:RegulatedRevenueMember 2018-07-01 2018-09-30 0000874761 aes:RegulatedRevenueMember aes:CorporateOtherAndOtherEliminationsMember 2019-07-01 2019-09-30 0000874761 aes:RegulatedRevenueMember srt:SouthAmericaMember 2019-07-01 2019-09-30 0000874761 aes:NonregulatedrevenueMember 2018-07-01 2018-09-30 0000874761 aes:RegulatedRevenueMember aes:USandUtilitiesDomain 2018-07-01 2018-09-30 0000874761 aes:RegulatedRevenueMember aes:MCACMember 2018-07-01 2018-09-30 0000874761 aes:MCACMember 2019-07-01 2019-09-30 0000874761 aes:NonregulatedrevenueMember aes:MCACMember 2019-07-01 2019-09-30 0000874761 aes:RegulatedRevenueMember aes:MCACMember 2019-07-01 2019-09-30 0000874761 aes:EURASIAMember 2019-07-01 2019-09-30 0000874761 srt:SouthAmericaMember 2019-07-01 2019-09-30 0000874761 aes:NonregulatedrevenueMember aes:CorporateOtherAndOtherEliminationsMember 2018-07-01 2018-09-30 0000874761 aes:RegulatedRevenueMember aes:EURASIAMember 2019-07-01 2019-09-30 0000874761 aes:RegulatedRevenueMember aes:USandUtilitiesDomain 2019-07-01 2019-09-30 0000874761 aes:EURASIAMember 2018-07-01 2018-09-30 0000874761 srt:SouthAmericaMember 2018-07-01 2018-09-30 0000874761 aes:MCACMember 2018-07-01 2018-09-30 0000874761 aes:USandUtilitiesDomain 2018-07-01 2018-09-30 0000874761 us-gaap:OtherExpenseMember 2019-07-01 2019-09-30 0000874761 us-gaap:OtherIncomeMember 2019-01-01 2019-09-30 0000874761 us-gaap:OtherExpenseMember 2018-01-01 2018-09-30 0000874761 us-gaap:OtherExpenseMember 2019-01-01 2019-09-30 0000874761 us-gaap:OtherExpenseMember 2018-07-01 2018-09-30 0000874761 us-gaap:OtherIncomeMember 2018-07-01 2018-09-30 0000874761 us-gaap:OtherIncomeMember 2019-07-01 2019-09-30 0000874761 us-gaap:OtherIncomeMember 2018-01-01 2018-09-30 0000874761 aes:ShadyPointMember 2018-09-30 0000874761 aes:KilrootandBallylumfordMember 2019-01-01 2019-09-30 0000874761 aes:ShadyPointMember 2018-07-01 2018-09-30 0000874761 aes:ShadyPointMember 2018-06-30 0000874761 aes:KilrootandBallylumfordMember 2019-09-30 0000874761 aes:ShadyPointMember 2018-01-01 2018-06-30 0000874761 aes:ShadyPointMember 2019-01-01 2019-09-30 0000874761 aes:OtherSubsidiariesMember 2019-01-01 2019-09-30 0000874761 aes:ShadyPointMember 2019-07-01 2019-09-30 0000874761 aes:OtherSubsidiariesMember 2018-07-01 2018-09-30 0000874761 aes:OtherSubsidiariesMember 2019-07-01 2019-09-30 0000874761 aes:KilrootandBallylumfordMember 2019-07-01 2019-09-30 0000874761 aes:KilrootandBallylumfordMember 2018-07-01 2018-09-30 0000874761 aes:KilrootandBallylumfordMember 2018-01-01 2018-09-30 0000874761 aes:ShadyPointMember 2018-01-01 2018-09-30 0000874761 aes:OtherSubsidiariesMember 2018-01-01 2018-09-30 0000874761 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember aes:ElectricaSantiagoGenerESSAMember 2018-04-01 2018-06-30 0000874761 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember aes:MasinlocSubsidiaryMember 2018-01-01 2018-03-31 0000874761 country:US us-gaap:ChangeInAccountingEstimateTypeDomain 2018-07-01 2018-09-30 0000874761 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember aes:ElectricaSantiagoGenerESSAMember 2018-07-01 2018-09-30 0000874761 aes:MasinlocSubsidiaryMember 2018-03-20 0000874761 country:US us-gaap:ChangeInAccountingEstimateTypeDomain 2019-01-01 2019-03-31 0000874761 aes:EletropauloSubsidiaryMember 2018-04-01 2018-06-30 0000874761 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember aes:DPLPeakingGenerationDomain 2018-01-01 2018-03-31 0000874761 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember aes:BeckjordFacilityMember 2018-01-01 2018-03-31 0000874761 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember aes:ShadyPointMember 2019-05-22 2019-05-22 0000874761 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember aes:KilrootandBallylumfordMember 2019-06-13 0000874761 us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember aes:RedondoBeachMember 2019-09-30 0000874761 us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember aes:JordanMember 2019-09-30 0000874761 us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember aes:JordanMember 2019-01-01 2019-09-30 0000874761 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember aes:KilrootandBallylumfordMember 2019-06-13 2019-06-13 0000874761 us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember aes:JordanMember 2018-01-01 2018-09-30 0000874761 us-gaap:DisposalGroupNotDiscontinuedOperationsMember aes:AdvancionEnergyStorageMember 2018-01-01 2018-03-31 0000874761 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember 2018-01-01 2018-09-30 0000874761 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember 2019-01-01 2019-09-30 0000874761 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember aes:DplSubsidiaryMember 2019-01-01 2019-09-30 0000874761 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember aes:KilrootandBallylumfordMember 2018-07-01 2018-09-30 0000874761 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember aes:DplSubsidiaryMember 2018-01-01 2018-09-30 0000874761 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember 2019-07-01 2019-09-30 0000874761 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember 2018-07-01 2018-09-30 0000874761 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember aes:DplSubsidiaryMember 2018-07-01 2018-09-30 0000874761 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember aes:KilrootandBallylumfordMember 2019-01-01 2019-09-30 0000874761 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember aes:KilrootandBallylumfordMember 2018-01-01 2018-09-30 0000874761 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember aes:OtherSubsidiariesMember 2018-07-01 2018-09-30 0000874761 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember aes:KilrootandBallylumfordMember 2019-07-01 2019-09-30 0000874761 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember aes:OtherSubsidiariesMember 2019-07-01 2019-09-30 0000874761 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember aes:DplSubsidiaryMember 2019-07-01 2019-09-30 0000874761 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember aes:OtherSubsidiariesMember 2019-01-01 2019-09-30 0000874761 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember aes:OtherSubsidiariesMember 2018-01-01 2018-09-30 0000874761 aes:LosCururosMember 2019-07-01 2019-09-30 0000874761 aes:GuaimbeSolarComplexMember 2018-07-01 2018-09-30 0000874761 us-gaap:StockCompensationPlanMember 2018-01-01 2018-09-30 0000874761 us-gaap:StockCompensationPlanMember 2019-01-01 2019-09-30 0000874761 us-gaap:StockCompensationPlanMember 2018-07-01 2018-09-30 0000874761 us-gaap:StockCompensationPlanMember 2019-07-01 2019-09-30 iso4217:USD iso4217:USD xbrli:shares xbrli:shares xbrli:pure utreg:Rate aes:segment aes:agreement



 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
______________________________________________________________________________________________
FORM 10-Q
(Mark One)
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the Quarterly Period Ended September 30, 2019
or
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Commission file number 1-12291
aeslogominia02a01a01a02a13.jpg
THE AES CORPORATION
(Exact name of registrant as specified in its charter)
Delaware
 
54-1163725
(State or other jurisdiction of incorporation or organization)
 
(I.R.S. Employer Identification No.)
4300 Wilson Boulevard
 

Arlington,
Virginia
 
22203
(Address of principal executive offices)
 
(Zip Code)
Registrant's telephone number, including area code:
(703)
522-1315
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class
Trading Symbol(s)
Name of Each Exchange on Which Registered
Common Stock, par value $0.01 per share
AES
New York Stock Exchange
______________________________________________________________________________________________
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes  No 
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes  No 
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer”, “accelerated filer”, “smaller reporting company”, and “emerging growth company” in Rule 12b-2 of the Exchange Act.
Large accelerated filer
Accelerated filer
Smaller reporting company
Emerging growth company
Non-accelerated filer
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes  No 
______________________________________________________________________________________________
The number of shares outstanding of Registrant’s Common Stock, par value $0.01 per share, on October 31, 2019 was 663,892,656.
 





THE AES CORPORATION
FORM 10-Q
FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2019
TABLE OF CONTENTS
 
 
 
 
 
 
ITEM 1.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ITEM 2.
 
 
 
 
 
 
 
 
 
ITEM 3.
 
 
 
ITEM 4.
 
 
 
 
 
ITEM 1.
 
 
 
ITEM 1A.
 
 
 
ITEM 2.
 
 
 
ITEM 3.
 
 
 
ITEM 4.
 
 
 
ITEM 5.
 
 
 
ITEM 6.
 
 





GLOSSARY OF TERMS
The following terms and acronyms appear in the text of this report and have the definitions indicated below:
Adjusted EPS
Adjusted Earnings Per Share, a non-GAAP measure
Adjusted PTC
Adjusted Pre-tax Contribution, a non-GAAP measure of operating performance
AFS
Available For Sale
AFUDC
Allowance for Funds Used During Construction
AOCI
Accumulated Other Comprehensive Income
AOCL
Accumulated Other Comprehensive Loss
ARO
Asset Retirement Obligations
ASC
Accounting Standards Codification
ASU
Accounting Standards Update
CAA
United States Clean Air Act
CAMMESA
Wholesale Electric Market Administrator in Argentina
CCR
Coal Combustion Residuals, which includes bottom ash, fly ash and air pollution control wastes generated at coal-fired generation plant sites.
CO2
Carbon Dioxide
DMP
Distribution Modernization Plan
DMR
Distribution Modernization Rider
DP&L
The Dayton Power & Light Company
DPL
DPL Inc.
EPA
United States Environmental Protection Agency
EPC
Engineering, Procurement and Construction
ESP
Electric Security Plan
EURIBOR
Euro Interbank Offered Rate
FASB
Financial Accounting Standards Board
FX
Foreign Exchange
GAAP
Generally Accepted Accounting Principles in the United States
GHG
Greenhouse Gas
GILTI
Global Intangible Low Taxed Income
GW
Gigawatts
HLBV
Hypothetical Liquidation Book Value
HPP
Hydropower Plant
IPALCO
IPALCO Enterprises, Inc.
IPL
Indianapolis Power & Light Company
IURC
Indiana Utility Regulatory Commission
LIBOR
London Interbank Offered Rate
LNG
Liquid Natural Gas
MMBtu
Million British Thermal Units
MW
Megawatts
MWh
Megawatt Hours
NCI
Noncontrolling Interest
NM
Not Meaningful
NOV
Notice of Violation
NOX
Nitrogen Oxide
NPDES
National Pollutant Discharge Elimination System
PPA
Power Purchase Agreement
PREPA
Puerto Rico Electric Power Authority
PUCO
The Public Utilities Commission of Ohio
RSU
Restricted Stock Unit
SBU
Strategic Business Unit
SEC
United States Securities and Exchange Commission
SEET
Significantly Excessive Earnings Test
SIP
State Implementation Plan
SO2
Sulfur Dioxide
TBTU
Trillion British Thermal Units
TCJA
Tax Cuts and Jobs Act
U.S.
United States
USD
United States Dollar
VAT
Value-Added Tax
VIE
Variable Interest Entity

1




PART I: FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS
THE AES CORPORATION
Condensed Consolidated Balance Sheets
(Unaudited)
 
September 30,
2019
 
December 31,
2018
 
(in millions, except share and per share data)
ASSETS
 
 
 
CURRENT ASSETS
 
 
 
Cash and cash equivalents
$
1,145

 
$
1,166

Restricted cash
455

 
370

Short-term investments
334

 
313

Accounts receivable, net of allowance for doubtful accounts of $21 and $23, respectively
1,503

 
1,595

Inventory
495

 
577

Prepaid expenses
72

 
130

Other current assets
856

 
807

Current held-for-sale assets
610

 
57

Total current assets
5,470

 
5,015

NONCURRENT ASSETS
 
 
 
Property, Plant and Equipment:
 
 
 
Land
442

 
449

Electric generation, distribution assets and other
25,148

 
25,242

Accumulated depreciation
(8,599
)
 
(8,227
)
Construction in progress
4,862

 
3,932

Property, plant and equipment, net
21,853

 
21,396

Other Assets:
 
 
 
Investments in and advances to affiliates
1,209

 
1,114

Debt service reserves and other deposits
241

 
467

Goodwill
1,059

 
1,059

Other intangible assets, net of accumulated amortization of $302 and $457, respectively
462

 
436

Deferred income taxes
135

 
97

Loan receivable
1,370

 
1,423

Other noncurrent assets
1,624

 
1,514

Total other assets
6,100

 
6,110

TOTAL ASSETS
$
33,423

 
$
32,521

LIABILITIES AND EQUITY
 
 
 
CURRENT LIABILITIES
 
 
 
Accounts payable
$
1,237

 
$
1,329

Accrued interest
236

 
191

Accrued non-income taxes
230

 
250

Accrued and other liabilities
951

 
962

Non-recourse debt, including $312 and $479, respectively, related to variable interest entities
1,882

 
1,659

Current held-for-sale liabilities
455

 
8

Total current liabilities
4,991

 
4,399

NONCURRENT LIABILITIES
 
 
 
Recourse debt
3,556

 
3,650

Non-recourse debt, including $3,350 and $2,922 respectively, related to variable interest entities
14,323

 
13,986

Deferred income taxes
1,198

 
1,280

Other noncurrent liabilities
3,083

 
2,723

Total noncurrent liabilities
22,160

 
21,639

Commitments and Contingencies (see Note 9)
 
 
 
Redeemable stock of subsidiaries
886

 
879

EQUITY
 
 
 
THE AES CORPORATION STOCKHOLDERS’ EQUITY
 
 
 
Common stock ($0.01 par value, 1,200,000,000 shares authorized; 817,783,916 issued and 663,892,656 outstanding at September 30, 2019 and 817,203,691 issued and 662,298,096 outstanding at December 31, 2018)
8

 
8

Additional paid-in capital
7,948

 
8,154

Accumulated deficit
(614
)
 
(1,005
)
Accumulated other comprehensive loss
(2,335
)
 
(2,071
)
Treasury stock, at cost (153,891,260 and 154,905,595 shares at September 30, 2019 and December 31, 2018, respectively)
(1,867
)
 
(1,878
)
Total AES Corporation stockholders’ equity
3,140

 
3,208

NONCONTROLLING INTERESTS
2,246

 
2,396

Total equity
5,386

 
5,604

TOTAL LIABILITIES AND EQUITY
$
33,423

 
$
32,521

See Notes to Condensed Consolidated Financial Statements.

2




THE AES CORPORATION
Condensed Consolidated Statements of Operations
(Unaudited)
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2019
 
2018
 
2019
 
2018
 
 
 
 
 
 
 
 
 
(in millions, except per share amounts)
Revenue:
 
 
 
 
 
 
 
Regulated
$
799

 
$
777

 
$
2,308

 
$
2,215

Non-Regulated
1,826

 
2,060

 
5,450

 
5,899

Total revenue
2,625

 
2,837

 
7,758

 
8,114

Cost of Sales:
 
 
 
 
 
 
 
Regulated
(633
)
 
(638
)
 
(1,873
)
 
(1,856
)
Non-Regulated
(1,291
)
 
(1,528
)
 
(4,096
)
 
(4,331
)
Total cost of sales
(1,924
)
 
(2,166
)
 
(5,969
)
 
(6,187
)
Operating margin
701

 
671

 
1,789

 
1,927

General and administrative expenses
(41
)
 
(43
)
 
(136
)
 
(134
)
Interest expense
(250
)
 
(255
)
 
(788
)
 
(799
)
Interest income
81

 
79

 
242

 
231

Loss on extinguishment of debt
(65
)
 
(11
)
 
(126
)
 
(187
)
Other expense
(9
)
 
(29
)
 
(35
)
 
(42
)
Other income
78

 
10

 
126

 
30

Gain (loss) on disposal and sale of business interests
16

 
(21
)
 
9

 
856

Asset impairment expense

 
(74
)
 
(116
)
 
(166
)
Foreign currency transaction gains (losses)
(87
)
 
5

 
(69
)
 
(44
)
INCOME FROM CONTINUING OPERATIONS BEFORE TAXES AND EQUITY IN EARNINGS OF AFFILIATES
424

 
332

 
896

 
1,672

Income tax expense
(130
)
 
(146
)
 
(302
)
 
(509
)
Net equity in earnings of affiliates
4

 
6

 
3

 
31

INCOME FROM CONTINUING OPERATIONS
298

 
192

 
597

 
1,194

Loss from operations of discontinued businesses, net of income tax expense of $0, $0, $0, and $2, respectively

 
(4
)
 

 
(9
)
Gain from disposal of discontinued businesses, net of income tax expense of $0, $2, $0, and $44, respectively

 
3

 
1

 
199

NET INCOME
298

 
191

 
598

 
1,384

Less: Income from continuing operations attributable to noncontrolling interests and redeemable stock of subsidiaries
(88
)
 
(90
)
 
(217
)
 
(311
)
Less: Loss from discontinued operations attributable to noncontrolling interests

 

 

 
2

NET INCOME ATTRIBUTABLE TO THE AES CORPORATION
$
210

 
$
101

 
$
381

 
$
1,075

AMOUNTS ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS:
 
 
 
 
 
 
 
Income from continuing operations, net of tax
$
210

 
$
102

 
$
380

 
$
883

Income (loss) from discontinued operations, net of tax

 
(1
)
 
1

 
192

NET INCOME ATTRIBUTABLE TO THE AES CORPORATION
$
210

 
$
101

 
$
381

 
$
1,075

BASIC EARNINGS PER SHARE:
 
 
 
 
 
 
 
Income from continuing operations attributable to The AES Corporation common stockholders, net of tax
$
0.32

 
$
0.15

 
$
0.57

 
$
1.33

Income from discontinued operations attributable to The AES Corporation common stockholders, net of tax

 

 

 
0.29

NET INCOME ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS
$
0.32

 
$
0.15

 
$
0.57

 
$
1.62

DILUTED EARNINGS PER SHARE:
 
 
 
 
 
 
 
Income from continuing operations attributable to The AES Corporation common stockholders, net of tax
$
0.32

 
$
0.15

 
$
0.57

 
$
1.33

Income from discontinued operations attributable to The AES Corporation common stockholders, net of tax

 

 

 
0.29

NET INCOME ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS
$
0.32

 
$
0.15

 
$
0.57

 
$
1.62

DILUTED SHARES OUTSTANDING
667

 
665

 
667

 
664

See Notes to Condensed Consolidated Financial Statements.

3




THE AES CORPORATION
Condensed Consolidated Statements of Comprehensive Income (Loss)
(Unaudited)
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2019
 
2018
 
2019
 
2018
 
 
 
 
 
 
 
 
 
(in millions)
NET INCOME
$
298

 
$
191

 
$
598

 
$
1,384

Foreign currency translation activity:
 
 
 
 
 
 
 
Foreign currency translation adjustments, net of income tax benefit of $0, $2, $0 and $3, respectively
(75
)
 
(42
)
 
(67
)
 
(159
)
Reclassification to earnings, net of $0 income tax for all periods

 
(3
)
 
23

 
(1
)
Total foreign currency translation adjustments
(75
)
 
(45
)
 
(44
)
 
(160
)
Derivative activity:
 
 
 
 
 
 
 
Change in derivative fair value, net of income tax benefit (expense) of $44, $(3), $97 and $(3), respectively
(178
)
 
15

 
(375
)
 
32

Reclassification to earnings, net of income tax expense of $6, $7, $9 and $15, respectively
17

 
21

 
36

 
67

Total change in fair value of derivatives
(161
)
 
36

 
(339
)
 
99

Pension activity:
 
 
 
 
 
 
 
Change in pension adjustments due to net actuarial gain (loss) for the period, net of $0 income tax for all periods

 

 
2

 

Reclassification to earnings, net of income tax expense of $0, $0, $13 and $2, respectively

 
1

 
27

 
5

Total pension adjustments

 
1

 
29

 
5

OTHER COMPREHENSIVE LOSS
(236
)
 
(8
)
 
(354
)
 
(56
)
COMPREHENSIVE INCOME
62

 
183

 
244

 
1,328

Less: Comprehensive income attributable to noncontrolling interests and redeemable stock of subsidiaries
(40
)
 
(114
)
 
(123
)
 
(416
)
COMPREHENSIVE INCOME ATTRIBUTABLE TO THE AES CORPORATION
$
22

 
$
69

 
$
121

 
$
912

See Notes to Condensed Consolidated Financial Statements.

4




THE AES CORPORATION
Condensed Consolidated Statements of Changes in Equity
For The Nine Months Ended September 30, 2019
(Unaudited)
 
Common Stock
 
Treasury Stock
 
Additional
Paid-In
Capital
 
Accumulated
Deficit
 
Accumulated
Other
Comprehensive
Loss
 
Noncontrolling
Interests
 
Shares
 
Amount
 
Shares
 
Amount
 
 
 
 
 
(in millions)
Balance at January 1, 2019
817.2

 
$
8

 
154.9