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AES CORP (AES)

AES CORP (AES)

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Cash Flow Overview

Change in Cash
$64M
Free Cash flow
-$597M
Unit: Million (M) dollars
Positive Cash Flow Breakdown
    • Borrowings under the revolving c...
    • Issuance of recourse debt
    • Issuance of non-recourse debt
    • Others
Negative Cash Flow Breakdown
    • Capital expenditures
    • Repayments under the revolving c...
    • Distributions to noncontrolling ...
    • Others
Cash Flow
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Net income (loss)
387
275
-132
517
Depreciation, amortization, and accretion of aros
434
433
401
365
Emissions allowance expense
23
71
120
63
Loss (gain) on realized/unrealized derivatives
29
-6
-1
-22
Sales-type lease, selling profit (loss)
-44
-
-10
-13
Gain on disposal and sale of business interests
209
-
-12
1
Asset, impairment loss
30
12
369
63
Loss on realized/unrealized foreign currency
16
-20
19
11
Deferred income tax expense (benefit)
35
-9
-310
253
Tax credit transfer proceeds allocated to noncontrolling interests
-
-
460
356
Noncash contributions from noncontrolling interest related to tax credit transfers
306
190
-
-
Other
-8
-93
-127
-48
(increase) decrease in accounts receivable
244
-38
-146
42
(increase) decrease in inventory
-2
38
4
-39
(increase) decrease in prepaid expenses and other current assets
-175
-403
1
222
(increase) decrease in other assets
-62
-19
58
12
Increase (decrease) in accounts payable and other current liabilities
127
-161
68
263
Increase (decrease) in income tax payables, net, and other tax payables
-152
-112
384
-402
Increase (decrease) in other liabilities
-27
13
-122
7
Net cash provided by operating activities
1,046
1,201
1,488
1,297
Capital expenditures
1,643
1,766
1,535
1,808
Payments to acquire businesses and interest in affiliates
21
0
4
-8
Proceeds from divestiture of businesses and interests in affiliates
233
0
3
100
Sale of short-term investments
3
126
23
18
Purchase of short-term investments
1
0
128
21
Contributions and loans to equity affiliates
-
-
17
1
Payments to acquire intangible assets
64
159
49
26
Other investing
-29
0
-115
6
Net cash used in investing activities
-1,464
-1,799
-1,592
-1,736
Borrowings under the revolving credit facilities
1,423
1,403
1,154
583
Repayments under the revolving credit facilities
1,449
533
1,379
1,553
Proceeds from (repayments of) commercial paper
-120
41
-564
576
Issuance of recourse debt
1,000
800
0
0
Repayments of recourse debt
500
800
0
124
Issuance of non-recourse debt
965
459
1,469
2,065
Repayments of non-recourse debt
347
373
1,294
1,033
Payments for financing fees
60
5
33
52
Purchases under supplier financing arrangements
-201
-468
2,617
-670
Repayments of obligations under supplier financing arrangements
181
267
573
246
Distributions to noncontrolling interests
750
488
389
185
Acquisitions of noncontrolling interests
-
-
0
143
Contributions from noncontrolling interests
91
37
100
63
Sales to noncontrolling interests
189
117
795
151
Issuance of preferred shares in subsidiaries
169
113
464
76
Dividends paid on aes common stock
126
125
125
126
Payments for financed capital expenditures
14
44
25
7
Other financing
-6
-47
-21
76
Net cash provided by financing activities
485
756
-278
791
Effect of exchange rate changes on cash, cash equivalents, and restricted cash
-3
-1
-5
-17
Net cash change of discontinued and held for sale businesses
0
0
0
13
Cash, cash equivalents, restricted cash and restricted cash equivalents, period increase (decrease), including exchange rate effect
64
157
-387
348
Cash, cash equivalents and restricted cash, beginning
2,319
2,162
2,566
2,566
Cash, cash equivalents and restricted cash, ending
2,383
2,319
2,162
2,549
Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Depreciation, amortization,and accretion of...$434M (22.60%↑ Y/Y)Net income (loss)$387M (358.00%↑ Y/Y)Noncash contributionsfrom noncontrolling...$306M Borrowings under therevolving credit...$1,423M (51.22%↑ Y/Y)(increase) decrease inprepaid expenses and...-$175M (-503.45%↓ Y/Y)Increase (decrease) inaccounts payable and...$127M (206.72%↑ Y/Y)(increase) decrease inother assets-$62M (-8.77%↓ Y/Y)Sales-type lease, sellingprofit (loss)-$44M (78.85%↑ Y/Y)Deferred income taxexpense (benefit)$35M (-74.82%↓ Y/Y)Asset, impairment loss$30M (120.83%↑ Y/Y)Loss (gain) onrealized/unrealized derivatives$29M (-66.28%↓ Y/Y)Emissions allowanceexpense$23M (-69.74%↓ Y/Y)Loss onrealized/unrealized foreign...$16M (-33.33%↓ Y/Y)Other-$8M (91.21%↑ Y/Y)(increase) decrease ininventory-$2M (-300.00%↓ Y/Y)Issuance of recourse debt$1,000M Issuance of non-recoursedebt$965M (-7.12%↓ Y/Y)Purchases under supplierfinancing arrangements-$201M (19.60%↑ Y/Y)Sales tononcontrolling interests$189M (-78.84%↓ Y/Y)Issuance of preferredshares in subsidiaries$169M (-62.61%↓ Y/Y)Contributions fromnoncontrolling interests$91M (-54.73%↓ Y/Y)Net cash provided byoperating activities$1,046M (7.17%↑ Y/Y)Net cash provided byfinancing activities$485M (234.48%↑ Y/Y)Canceled cashflow$632M Canceled cashflow$3,553M Cash, cashequivalents, restricted cash...$64M (117.53%↑ Y/Y)Canceled cashflow$1,467M (increase) decrease inaccounts receivable$244M (295.20%↑ Y/Y)Gain on disposal andsale of business...$209M (198.57%↑ Y/Y)Increase (decrease) inincome tax payables,...-$152M (-15300.00%↓ Y/Y)Increase (decrease) inother liabilities-$27M (-146.55%↓ Y/Y)Proceeds fromdivestiture of businesses...$233M Other investing-$29M (14.71%↑ Y/Y)Sale of short-terminvestments$3M (-84.21%↓ Y/Y)Repayments under therevolving credit...$1,449M (-25.58%↓ Y/Y)Distributions tononcontrolling interests$750M (195.28%↑ Y/Y)Repayments of recourse debt$500M Repayments of non-recoursedebt$347M (-52.53%↓ Y/Y)Repayments of obligationsunder supplier...$181M (-22.65%↓ Y/Y)Dividends paid on aescommon stock$126M (0.80%↑ Y/Y)Proceeds from(repayments of) commercial...-$120M (36.17%↑ Y/Y)Payments for financingfees$60M (114.29%↑ Y/Y)Payments for financedcapital expenditures$14M (0.00%↑ Y/Y)Other financing-$6M (94.55%↑ Y/Y)Net cash used ininvesting activities-$1,464M (8.50%↑ Y/Y)Effect of exchange ratechanges on cash, cash...-$3M (25.00%↑ Y/Y)Canceled cashflow$265M Capital expenditures$1,643M (23.35%↑ Y/Y)Payments to acquireintangible assets$64M (-67.18%↓ Y/Y)Payments to acquirebusinesses and interest in...$21M (-80.56%↓ Y/Y)Purchase of short-terminvestments$1M (-94.44%↓ Y/Y)