AES CORP

For the period ended Dec 31, 2024. Filed Mar 11, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 11, 2025

AES$14.90+0.2%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Balance Sheets

December 31, 2024 and 2023

	2024	2023
(in millions, except share and per share data)
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$1,524	$1,426
Restricted cash	437	370
Short-term investments	79	395
Accounts receivable, net of allowance of $52 and $15, respectively	1,646	1,420
Inventory	593	712
Prepaid expenses	157	177
Other current assets, net of allowance of $0 and $14, respectively	1,533	1,387
Current held-for-sale assets	862	762
Total current assets	6,831	6,649
NONCURRENT ASSETS
Property, plant and equipment, net of accumulated depreciation of $8,701 and $8,602, respectively	33,166	29,958
Investments in and advances to affiliates	1,124	941
Debt service reserves and other deposits	78	194
Goodwill	345	348
Other intangible assets, net of accumulated amortization of $426 and $498, respectively	1,947	2,243
Deferred income taxes	365	396
Other noncurrent assets, net of allowance of $20 and $9, respectively	2,917	3,259
Noncurrent held-for-sale assets	633	811
Total noncurrent assets	40,575	38,150
TOTAL ASSETS	$47,406	$44,799
LIABILITIES, REDEEMABLE STOCK OF SUBSIDIARIES, AND EQUITY
CURRENT LIABILITIES
Accounts payable	$1,654	$2,199
Accrued interest	256	315
Accrued non-income taxes	249	278
Supplier financing arrangements	917	974
Accrued and other liabilities	1,246	1,334
Recourse debt	899	200
Non-recourse debt	2,688	3,932
Current held-for-sale liabilities	662	499
Total current liabilities	8,571	9,731
NONCURRENT LIABILITIES
Recourse debt	4,805	4,264
Non-recourse debt	20,626	18,482
Deferred income taxes	1,490	1,245
Other noncurrent liabilities	2,881	3,114
Noncurrent held-for-sale liabilities	391	514
Total noncurrent liabilities	30,193	27,619
Commitments and Contingencies (see Notes 13 and 14)
Redeemable stock of subsidiaries	938	1,464
EQUITY
THE AES CORPORATION STOCKHOLDERS’ EQUITY
Preferred stock (without par value, 50,000,000 shares authorized; 1,043,050 issued and outstanding at December 31, 2023)	—	838
Common stock ($0.01 par value, 1,200,000,000 shares authorized; 859,709,987 issued and 711,074,269 outstanding at December 31, 2024 and 819,051,591 issued and 669,693,234 outstanding at December 31, 2023)	9	8
Additional paid-in capital	5,913	6,355
Retained earnings (accumulated deficit)	293	(1,386)
Accumulated other comprehensive loss	(766)	(1,514)
Treasury stock, at cost (148,635,718 and 149,358,357 shares, respectively)	(1,805)	(1,813)
Total AES Corporation stockholders’ equity	3,644	2,488
NONCONTROLLING INTERESTS	4,060	3,497
Total equity	7,704	5,985
TOTAL LIABILITIES, REDEEMABLE STOCK OF SUBSIDIARIES, AND EQUITY	$47,406	$44,799

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.