← AES CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent ($1.1b) ($1.2b) $1.2b $303.0m $46.0m ($409.0m) ($546.0m) $249.0m $1.7b $910.0m
Net Income (Loss) Available to Common Stockholders, Basic — — — — — — — — — $900.0m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ($777.0m) ($777.0m) $1.6b $478.0m $152.0m ($951.0m) ($505.0m) ($182.0m) $802.0m $162.0m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $8.0m ($507.0m) $985.0m $302.0m $43.0m ($413.0m) ($546.0m) $242.0m $1.7b $949.0m
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $361.0m ($148.0m) $1.3b $477.0m $149.0m ($955.0m) ($505.0m) ($189.0m) $809.0m $201.0m
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent ($1.1b) ($654.0m) $218.0m $1.0m $3.0m $4.0m $0 $7.0m ($7.0m) —
Net Income (Loss) Attributable to Noncontrolling Interest $353.0m $398.0m — — — — ($41.0m) $431.0m ($877.0m) ($748.0m)
Depreciation and amortization $1.2b $1.2b $1.0b $1.0b $1.1b $1.1b $1.1b $1.1b $1.3b $1.5b
Amortization of Intangible Assets $46.0m $34.0m $47.0m $45.0m $54.0m $69.0m $71.0m $82.0m $88.0m $94.0m
Depreciation $1.1b $1.0b $960.0m $977.0m $1.0b $972.0m $982.0m $1.0b $1.1b $1.3b
Depreciation, Amortization and Accretion, Net — — — — — — — — ($1.3b) ($1.5b)
Deferred Income Tax Expense (Benefit) ($793.0m) $672.0m $313.0m ($8.0m) ($233.0m) ($406.0m) $4.0m ($54.0m) $111.0m $92.0m
Share-based Payment Arrangement, Expense — $8.0m $20.0m $22.0m $21.0m $14.0m $23.0m $2.0m $12.0m $14.0m
Equity Method Investment, Other than Temporary Impairment — — $144.0m — — — — — — —
Gain (Loss) on Sale of Assets and Asset Impairment Charges ($1.4b) ($611.0m) $269.0m $0 $0 — — — — —
Goodwill, Impairment Loss $0 $0 — — — — $777.0m $12.0m $0 $0
Gain (Loss) on Disposition of Assets ($38.0m) ($43.0m) ($27.0m) ($54.0m) — — — — — —
Gain (Loss) on Disposition of Business $29.0m ($52.0m) $984.0m $28.0m ($95.0m) ($1.7b) ($9.0m) $134.0m $351.0m $58.0m
Gain (Loss) on Disposition of Other Assets $5.0m — — — $19.0m — — — — —
Gain (Loss) on Extinguishment of Debt ($13.0m) ($68.0m) ($188.0m) ($169.0m) ($186.0m) ($78.0m) ($15.0m) ($63.0m) ($17.0m) ($26.0m)
Income (Loss) from Equity Method Investments $36.0m $71.0m $39.0m ($172.0m) ($123.0m) ($24.0m) ($71.0m) ($32.0m) ($26.0m) ($55.0m)
Income Tax Expense (Benefit) ($188.0m) $990.0m $708.0m $352.0m $216.0m ($133.0m) $265.0m $261.0m $59.0m ($181.0m)
Operating Lease, Expense — — $51.0m — — — — — — —
Operating Lease, Lease Income — — — — $580.0m $595.0m $527.0m $490.0m $414.0m $325.0m
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions — — — ($194.0m) ($128.0m) ($36.0m) ($111.0m) — — —
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable ($237.0m) $177.0m $206.0m ($73.0m) ($48.0m) $170.0m $532.0m ($161.0m) $361.0m ($130.0m)
Increase (Decrease) in Inventories ($42.0m) $28.0m $36.0m ($28.0m) $20.0m $93.0m $417.0m ($306.0m) ($86.0m) ($6.0m)
Accretion Expense — — — — — $5.0m $5.0m $5.0m $5.0m $5.0m
Accretion Expense, Including Asset Retirement Obligations — — — — — — — — $22.0m —
Asset Retirement Obligation, Accretion Expense $15.0m $16.0m $18.0m $21.0m $22.0m $22.0m $30.0m $31.0m $41.0m $43.0m
Deconsolidation, Gain (Loss), Amount — — — — — $2.1b $2.1b $2.1b — —
Foreign Currency Transaction Gain (Loss), before Tax ($15.0m) $42.0m ($72.0m) ($67.0m) $55.0m ($10.0m) ($77.0m) ($359.0m) $31.0m ($79.0m)
Foreign Currency Transaction Gain (Loss), Unrealized — $59.0m $51.0m $36.0m ($10.0m) $14.0m $42.0m — ($16.0m) ($26.0m)
General and Administrative Expense $194.0m $215.0m $192.0m $196.0m $165.0m $166.0m $207.0m $255.0m $288.0m $241.0m
Goodwill $1.2b $1.1b $1.1b $1.1b $1.1b $1.2b $362.0m $348.0m $345.0m $342.0m
Inventory Write-down — — — — — — — $6.0m $6.0m —
Investment Income, Interest $464.0m $244.0m $310.0m $318.0m $268.0m $298.0m $389.0m $551.0m $381.0m $287.0m
Payments of Financing Costs $105.0m $100.0m $39.0m $126.0m $107.0m $32.0m $120.0m $142.0m $138.0m $134.0m
Proceeds from Issuance of Redeemable Preferred Stock $134.0m $0 $0 — — — — — — —
Sales-type Lease, Selling Profit (Loss) — — — — — — — $20.0m $67.0m ($231.0m)
Unrealized Gain (Loss) on Derivatives — $3.0m $33.0m $113.0m $3.0m ($1.0m) $128.0m — — —
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax ($1.1b) ($611.0m) $225.0m $1.0m $3.0m $4.0m $0 $7.0m ($7.0m) ($39.0m)
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax ($19.0m) ($18.0m) ($9.0m) $0 $0 — — — — —
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax ($37.0m) ($50.0m) ($93.0m) ($42.0m) ($74.0m) — — — — —
Net Cash Provided by (Used in) Operating Activities $2.9b $2.5b $2.3b $2.5b $2.8b $1.9b $2.7b $3.0b $2.8b $4.3b
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $2.3b $2.2b $2.1b $2.4b $1.9b $2.1b $4.6b $7.7b $7.4b $5.9b
Payments for (Proceeds from) Other Investing Activities $31.0m $61.0m $84.0m $24.0m $79.0m $97.0m $29.0m $116.0m $160.0m ($139.0m)
Net Cash Provided by (Used in) Investing Activities ($2.1b) ($2.7b) ($505.0m) ($2.7b) ($2.3b) ($3.1b) ($5.8b) ($8.2b) ($7.7b) ($6.2b)
Cash flows from financing activities:
Payments for Repurchase of Common Stock $79.0m $0 $0 — — — — — — —
Payments of Ordinary Dividends, Common Stock $290.0m $317.0m $344.0m $362.0m $381.0m $401.0m $422.0m $444.0m $483.0m $501.0m
Proceeds from Noncontrolling Interests $190.0m $73.0m $43.0m $17.0m — $365.0m $233.0m $102.0m $222.0m $437.0m
Dividends Payable $174.0m $86.0m $90.0m $95.0m $100.0m $105.0m $111.0m $116.0m $125.0m $125.0m
Proceeds from (Payments for) Other Financing Activities ($44.0m) ($52.0m) $101.0m $120.0m ($52.0m) ($45.0m) $3.0m ($121.0m) ($109.0m) ($59.0m)
Net Cash Provided by (Used in) Financing Activities ($747.0m) $43.0m ($1.6b) ($86.0m) ($78.0m) $797.0m $3.8b $5.4b $5.0b $2.0b
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — — — ($56.0m) ($270.0m) ($63.0m) ($27.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — $215.0m ($431.0m) $255.0m ($343.0m) $603.0m ($97.0m) $49.0m $123.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $2.0b $1.6b $1.8b $1.5b $2.1b $2.0b $2.0b $2.2b
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $1.3b $1.2b $1.0b $946.0m $908.0m $815.0m $928.0m $1.3b $1.3b $1.2b
Income Taxes Paid, Net $487.0m $377.0m $370.0m $363.0m $333.0m $459.0m $271.0m $301.0m $345.0m $227.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.