v3.26.1
Condensed Consolidated Statements of Changes in Equity Statement - USD ($)
$ in Millions
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Noncontrolling Interest [Member]
Treasury Stock, Common
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Treasury Stock, Common, Shares             148,600,000
Beginning Balance (Shares) at Dec. 31, 2024   859,700,000          
Beginning Balance at Dec. 31, 2024   $ 9 $ 5,913 $ 293 $ (766) $ 4,060 [1] $ (1,805)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) $ (73)   0   0 (149) [1]  
Total foreign currency translation adjustment, net of income tax 30   0 0 30 0 [1]  
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax     0 0 (113) (8) [1]  
Total pension adjustments, net of income tax (1)   0 0 1 0 [1]  
OTHER COMPREHENSIVE INCOME (LOSS) (90)       (82) (8) [1]  
Reclassifications of Temporary to Permanent Equity (38)         38  
Distributions to noncontrolling interests     0 0 0 (57) [1]  
Acquisition of subsidiary shares from noncontrolling interests     0        
Contributions from noncontrolling interests 73            
Contributions from noncontrolling interests     0 0 0 114 [1]  
Sales to noncontrolling interests     (15) 0 0 250 [1]  
Issuance of Preferred Shares in Subsidiaries $ 8            
Adjustments to Additional Paid in Capital, Dividends in Excess of Retained Earnings     0 (125) 0 0 [1]  
Issuance and exercise of stock-based compensation benefit plans (Shares)   0         (800,000)
Issuance and exercise of stock-based compensation benefit plans, net of income tax   $ 0 (10) 0 0 0 [1] $ (10)
Common Stock, Dividends, Per Share, Declared $ 0.17595            
Ending Balance (Shares) at Mar. 31, 2025   859,700,000          
Ending Balance at Mar. 31, 2025   $ 9 5,888 214 (848) 4,257 [1] $ (1,795)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Noncontrolling Interest, Increase from Issuance of Preferred Shares of Subsidiaries [1]           9  
Proceeds from Issuance of Convertible Preferred Stock     0 0 0    
Treasury Stock, Common, Shares             147,800,000
Accumulated Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, after Tax $ 3            
Stockholders' Equity Attributable to Parent 4,063            
Treasury Stock, Value $ (1,793)            
Treasury Stock, Common, Shares 147,634,762           147,600,000
Stockholders' Equity Attributable to Parent $ 641            
Beginning Balance (Shares) at Dec. 31, 2025   859,800,000          
Beginning Balance at Dec. 31, 2025 9,105 $ 9 5,904 641 (698) 5,042 [1] $ (1,793)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 275   0   0 (211) [1]  
Total foreign currency translation adjustment, net of income tax 2   0 0 2 0 [1]  
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax     0 0 (1) 12 [1]  
Total pension adjustments, net of income tax 0            
OTHER COMPREHENSIVE INCOME (LOSS) 13       1 12 [1]  
Reclassifications of Temporary to Permanent Equity 0            
Distributions to noncontrolling interests     0 0 0 (225) [1]  
Acquisition of subsidiary shares from noncontrolling interests     1 0 (1) (29)  
Contributions from noncontrolling interests 37            
Contributions from noncontrolling interests [1]           226  
Sales to noncontrolling interests     (1) 0 0 120 [1]  
Issuance of Preferred Shares in Subsidiaries $ 113            
Adjustments to Additional Paid in Capital, Dividends in Excess of Retained Earnings     0 (125) 0 0 [1]  
Issuance and exercise of stock-based compensation benefit plans, net of income tax   $ 0 (17) 0 0 0 [1] $ (12)
Common Stock, Dividends, Per Share, Declared $ 0.17595            
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period   0         (900,000)
Ending Balance (Shares) at Mar. 31, 2026   859,800,000          
Ending Balance at Mar. 31, 2026 $ 9,356 $ 9 5,885 1,003 (696) 4,936 [1] $ (1,781)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Noncontrolling Interest, Increase from Issuance of Preferred Shares of Subsidiaries [1]           $ 1  
Accumulated Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, after Tax 3            
Stockholders' Equity Attributable to Parent 4,420            
Other Ownership Interests, Contributed Capital     0 0 0    
Noncontrolling Interest, Amount Represented by Preferred Stock     $ 0 $ 0 $ 0    
Treasury Stock, Value $ (1,781)            
Treasury Stock, Common, Shares 146,699,814           146,700,000
Stockholders' Equity Attributable to Parent $ 1,003            
[1] Excludes redeemable stock of subsidiaries. See Note 11—Redeemable Stock of Subsidiaries.
(2) Related to the reclassification of the AES Indiana Pike County BESS tax equity partnership from Redeemable stock of subsidiaries to Noncontrolling interests. See Note 11—Redeemable Stock of Subsidiaries.