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
Parent [Member]
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)     0   0 (149) [1]    
Total foreign currency translation adjustment, net of income tax     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     0 0 1 0 [1]    
OTHER COMPREHENSIVE INCOME (LOSS)         (82) (8) [1]    
Reclassifications of Temporary to Permanent Equity           38    
Distributions to noncontrolling interests     0 0 0 (57) [1]    
Contributions from noncontrolling interests     0 0 0 114 [1]    
Sales to noncontrolling interests     (15) 0 0 250 [1]    
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)  
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    
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) $ (223)              
Total foreign currency translation adjustment, net of income tax 72              
Total pension adjustments, net of income tax 4              
OTHER COMPREHENSIVE INCOME (LOSS) (87)              
Reclassifications of Temporary to Permanent Equity (56)              
Acquisition of subsidiary shares from noncontrolling interests     26          
Contributions from noncontrolling interests 274              
Sales to noncontrolling interests     184          
Issuance of Preferred Shares in Subsidiaries $ 452              
Common Stock, Dividends, Per Share, Declared $ 0.17595              
Ending Balance (Shares) at Jun. 30, 2025   859,700,000            
Ending Balance at Jun. 30, 2025   $ 9 6,070 (79) (836) 4,314 [1] $ (1,795)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Proceeds from Issuance of Convertible Preferred Stock     0 0 0      
Treasury Stock, Common, Shares             147,800,000  
Beginning Balance (Shares) at Mar. 31, 2025   859,700,000            
Beginning Balance at Mar. 31, 2025   $ 9 5,888 214 (848) 4,257 [1] $ (1,795)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) $ (150)   0 (95) 0 (58) [1]    
Total foreign currency translation adjustment, net of income tax 42   0 0 41 1 [1]    
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax     0 0 (15) (19) [1]    
Total pension adjustments, net of income tax 5 0 0 0 (5) 0 0  
OTHER COMPREHENSIVE INCOME (LOSS) 3       21 (18) [1]    
Fair Value Adjustment   $ 0 0 (10) 0 0 $ 0  
Reclassifications of Temporary to Permanent Equity (18)         18    
Distributions to noncontrolling interests     0 0 0 (290) [1]    
Acquisition of subsidiary shares from noncontrolling interests     26 0 17 (46)    
Contributions from noncontrolling interests 246              
Sales to noncontrolling interests     199   8 200 [1]   $ (188)
Issuance of Preferred Shares in Subsidiaries 5              
Issuance and exercise of stock-based compensation benefit plans (Shares)   0         0  
Issuance and exercise of stock-based compensation benefit plans, net of income tax   $ 0 (9) 0 0 0 [1] $ 0  
Ending Balance (Shares) at Jun. 30, 2025   859,700,000            
Ending Balance at Jun. 30, 2025   $ 9 6,070 (79) (836) 4,314 [1] $ (1,795)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
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)     0   0 (211) [1]    
Total foreign currency translation adjustment, net of income tax     0 0 2 0 [1]    
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax     0 0 (1) 12 [1]    
OTHER COMPREHENSIVE INCOME (LOSS)         1 12 [1]    
Distributions to noncontrolling interests     0 0 0 (225) [1]    
Acquisition of subsidiary shares from noncontrolling interests     1 0 (1) (29)    
Contributions from noncontrolling interests [1]           226    
Sales to noncontrolling interests     (1) 0 0 120 [1]    
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     (17) 0 0 0 [1] $ (12)  
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period             (900,000)  
Ending Balance (Shares) at Mar. 31, 2026   859,800,000            
Ending Balance at Mar. 31, 2026   $ 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    
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) 662              
Total foreign currency translation adjustment, net of income tax 13              
Total pension adjustments, net of income tax 0              
OTHER COMPREHENSIVE INCOME (LOSS) 115              
Reclassifications of Temporary to Permanent Equity 0              
Acquisition of subsidiary shares from noncontrolling interests     1          
Contributions from noncontrolling interests 128              
Sales to noncontrolling interests     (6)          
Issuance of Preferred Shares in Subsidiaries 282              
Issuance and exercise of stock-based compensation benefit plans, net of income tax   $ 0            
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period   0            
Ending Balance (Shares) at Jun. 30, 2026   859,800,000            
Ending Balance at Jun. 30, 2026 9,772 $ 9 5,888 1,429 (603) 4,830 [1] $ (1,781)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Other Ownership Interests, Contributed Capital     0 0 0      
Noncontrolling Interest, Amount Represented by Preferred Stock     0 0 0      
Treasury Stock, Common, Shares             146,700,000  
Beginning Balance (Shares) at Mar. 31, 2026   859,800,000            
Beginning Balance at Mar. 31, 2026   $ 9 5,885 1,003 (696) 4,936 [1] $ (1,781)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 387   0 426 0 (3) [1]    
Total foreign currency translation adjustment, net of income tax 11   0 0 11 0 [1]    
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax     0 0 82 9 [1]    
Total pension adjustments, net of income tax 0              
OTHER COMPREHENSIVE INCOME (LOSS) 102       93 9 [1]    
Reclassifications of Temporary to Permanent Equity $ 0              
Distributions to noncontrolling interests     0 0 0 (616) [1]    
Contributions from noncontrolling interests     0 0 0 335 [1]    
Sales to noncontrolling interests     (5) 0 0 0 [1]    
Preferred Stock, Shares Issued     0 0 0 169    
Issuance and exercise of stock-based compensation benefit plans, net of income tax   $ 0 (8) 0 0 0 [1] $ 0  
Common Stock, Dividends, Per Share, Declared $ 0.17595              
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period   0         0  
Ending Balance (Shares) at Jun. 30, 2026   859,800,000            
Ending Balance at Jun. 30, 2026 $ 9,772 $ 9 $ 5,888 $ 1,429 $ (603) $ 4,830 [1] $ (1,781)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Accumulated Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, after Tax 3              
Stockholders' Equity Attributable to Parent 4,942              
Treasury Stock, Value $ (1,781)              
Treasury Stock, Common, Shares 146,679,966           146,700,000  
Stockholders' Equity Attributable to Parent $ 1,429              
[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 and certain tax equity partnerships at AES Clean Energy from Redeemable stock of subsidiaries to Noncontrolling interests. See Note 11—Redeemable Stock of Subsidiaries.
(3) Adjustment to record the redeemable stock of AES Global Insurance at redemption value.