diff --git a/libraries/stdlib/src/generated/_Elements.kt b/libraries/stdlib/src/generated/_Elements.kt
index f70c09381f9..cb10a8ecddb 100644
--- a/libraries/stdlib/src/generated/_Elements.kt
+++ b/libraries/stdlib/src/generated/_Elements.kt
@@ -453,111 +453,176 @@ public fun <T> Stream<T>.contains(element: T): Boolean {
 }
 
 /**
- * Returns element at given *index*
+ * Returns element at the given [index] or throws an IndexOutOfBoundsException if the [index] is out of bounds of this collection.
  */
 public fun <T> Array<out T>.elementAt(index: Int): T {
     return get(index)
 }
 
 /**
- * Returns element at given *index*
+ * Returns element at the given [index] or throws an IndexOutOfBoundsException if the [index] is out of bounds of this collection.
  */
 public fun BooleanArray.elementAt(index: Int): Boolean {
     return get(index)
 }
 
 /**
- * Returns element at given *index*
+ * Returns element at the given [index] or throws an IndexOutOfBoundsException if the [index] is out of bounds of this collection.
  */
 public fun ByteArray.elementAt(index: Int): Byte {
     return get(index)
 }
 
 /**
- * Returns element at given *index*
+ * Returns element at the given [index] or throws an IndexOutOfBoundsException if the [index] is out of bounds of this collection.
  */
 public fun CharArray.elementAt(index: Int): Char {
     return get(index)
 }
 
 /**
- * Returns element at given *index*
+ * Returns element at the given [index] or throws an IndexOutOfBoundsException if the [index] is out of bounds of this collection.
  */
 public fun DoubleArray.elementAt(index: Int): Double {
     return get(index)
 }
 
 /**
- * Returns element at given *index*
+ * Returns element at the given [index] or throws an IndexOutOfBoundsException if the [index] is out of bounds of this collection.
  */
 public fun FloatArray.elementAt(index: Int): Float {
     return get(index)
 }
 
 /**
- * Returns element at given *index*
+ * Returns element at the given [index] or throws an IndexOutOfBoundsException if the [index] is out of bounds of this collection.
  */
 public fun IntArray.elementAt(index: Int): Int {
     return get(index)
 }
 
 /**
- * Returns element at given *index*
+ * Returns element at the given [index] or throws an IndexOutOfBoundsException if the [index] is out of bounds of this collection.
  */
 public fun LongArray.elementAt(index: Int): Long {
     return get(index)
 }
 
 /**
- * Returns element at given *index*
+ * Returns element at the given [index] or throws an IndexOutOfBoundsException if the [index] is out of bounds of this collection.
  */
 public fun ShortArray.elementAt(index: Int): Short {
     return get(index)
 }
 
 /**
- * Returns element at given *index*
+ * Returns element at the given [index] or throws an IndexOutOfBoundsException if the [index] is out of bounds of this collection.
  */
 public fun <T> Iterable<T>.elementAt(index: Int): T {
-    if (this is List<*>)
-        return get(index) as T
-    val iterator = iterator()
-    var count = 0
-    while (iterator.hasNext()) {
-        val element = iterator.next()
-        if (index == count++)
-            return element
-    }
-    throw IndexOutOfBoundsException("Collection doesn't contain element at index")
+    if (this is List<T>)
+        return get(index)
+    return elementAtOrElse(index) { throw IndexOutOfBoundsException("Collection doesn't contain element at index $index") }
 }
 
 /**
- * Returns element at given *index*
+ * Returns element at the given [index] or throws an IndexOutOfBoundsException if the [index] is out of bounds of this collection.
  */
 public fun <T> List<T>.elementAt(index: Int): T {
     return get(index)
 }
 
 /**
- * Returns element at given *index*
+ * Returns element at the given [index] or throws an IndexOutOfBoundsException if the [index] is out of bounds of this collection.
  */
 public fun <T> Sequence<T>.elementAt(index: Int): T {
-    val iterator = iterator()
-    var count = 0
-    while (iterator.hasNext()) {
-        val element = iterator.next()
-        if (index == count++)
-            return element
-    }
-    throw IndexOutOfBoundsException("Collection doesn't contain element at index")
+    return elementAtOrElse(index) { throw IndexOutOfBoundsException("Sequence doesn't contain element at index $index") }
 }
 
 
 deprecated("Migrate to using Sequence<T> and respective functions")
 /**
- * Returns element at given *index*
+ * Returns element at the given [index] or throws an IndexOutOfBoundsException if the [index] is out of bounds of this collection.
  */
 public fun <T> Stream<T>.elementAt(index: Int): T {
+    return elementAtOrElse(index) { throw IndexOutOfBoundsException("Stream doesn't contain element at index $index") }
+}
+
+/**
+ * Returns element at the given [index] or throws an IndexOutOfBoundsException if the [index] is out of bounds of this collection.
+ */
+public fun String.elementAt(index: Int): Char {
+    return get(index)
+}
+
+/**
+ * Returns element at the given [index] or calls [defaultValue] and returns its result if the [index] is out of bounds of this collection.
+ */
+public inline fun <T> Array<out T>.elementAtOrElse(index: Int, defaultValue: (Int) -> T): T {
+    return if (index >= 0 && index <= lastIndex) get(index) else defaultValue(index)
+}
+
+/**
+ * Returns element at the given [index] or calls [defaultValue] and returns its result if the [index] is out of bounds of this collection.
+ */
+public inline fun BooleanArray.elementAtOrElse(index: Int, defaultValue: (Int) -> Boolean): Boolean {
+    return if (index >= 0 && index <= lastIndex) get(index) else defaultValue(index)
+}
+
+/**
+ * Returns element at the given [index] or calls [defaultValue] and returns its result if the [index] is out of bounds of this collection.
+ */
+public inline fun ByteArray.elementAtOrElse(index: Int, defaultValue: (Int) -> Byte): Byte {
+    return if (index >= 0 && index <= lastIndex) get(index) else defaultValue(index)
+}
+
+/**
+ * Returns element at the given [index] or calls [defaultValue] and returns its result if the [index] is out of bounds of this collection.
+ */
+public inline fun CharArray.elementAtOrElse(index: Int, defaultValue: (Int) -> Char): Char {
+    return if (index >= 0 && index <= lastIndex) get(index) else defaultValue(index)
+}
+
+/**
+ * Returns element at the given [index] or calls [defaultValue] and returns its result if the [index] is out of bounds of this collection.
+ */
+public inline fun DoubleArray.elementAtOrElse(index: Int, defaultValue: (Int) -> Double): Double {
+    return if (index >= 0 && index <= lastIndex) get(index) else defaultValue(index)
+}
+
+/**
+ * Returns element at the given [index] or calls [defaultValue] and returns its result if the [index] is out of bounds of this collection.
+ */
+public inline fun FloatArray.elementAtOrElse(index: Int, defaultValue: (Int) -> Float): Float {
+    return if (index >= 0 && index <= lastIndex) get(index) else defaultValue(index)
+}
+
+/**
+ * Returns element at the given [index] or calls [defaultValue] and returns its result if the [index] is out of bounds of this collection.
+ */
+public inline fun IntArray.elementAtOrElse(index: Int, defaultValue: (Int) -> Int): Int {
+    return if (index >= 0 && index <= lastIndex) get(index) else defaultValue(index)
+}
+
+/**
+ * Returns element at the given [index] or calls [defaultValue] and returns its result if the [index] is out of bounds of this collection.
+ */
+public inline fun LongArray.elementAtOrElse(index: Int, defaultValue: (Int) -> Long): Long {
+    return if (index >= 0 && index <= lastIndex) get(index) else defaultValue(index)
+}
+
+/**
+ * Returns element at the given [index] or calls [defaultValue] and returns its result if the [index] is out of bounds of this collection.
+ */
+public inline fun ShortArray.elementAtOrElse(index: Int, defaultValue: (Int) -> Short): Short {
+    return if (index >= 0 && index <= lastIndex) get(index) else defaultValue(index)
+}
+
+/**
+ * Returns element at the given [index] or calls [defaultValue] and returns its result if the [index] is out of bounds of this collection.
+ */
+public inline fun <T> Iterable<T>.elementAtOrElse(index: Int, defaultValue: (Int) -> T): T {
+    if (this is List<T>)
+        return this.elementAtOrElse(index, defaultValue)
     val iterator = iterator()
     var count = 0
     while (iterator.hasNext()) {
@@ -565,14 +630,174 @@ public fun <T> Stream<T>.elementAt(index: Int): T {
         if (index == count++)
             return element
     }
-    throw IndexOutOfBoundsException("Collection doesn't contain element at index")
+    return defaultValue(index)
 }
 
 /**
- * Returns element at given *index*
+ * Returns element at the given [index] or calls [defaultValue] and returns its result if the [index] is out of bounds of this collection.
  */
-public fun String.elementAt(index: Int): Char {
-    return get(index)
+public inline fun <T> List<T>.elementAtOrElse(index: Int, defaultValue: (Int) -> T): T {
+    return if (index >= 0 && index <= lastIndex) get(index) else defaultValue(index)
+}
+
+/**
+ * Returns element at the given [index] or calls [defaultValue] and returns its result if the [index] is out of bounds of this collection.
+ */
+public inline fun <T> Sequence<T>.elementAtOrElse(index: Int, defaultValue: (Int) -> T): T {
+    val iterator = iterator()
+    var count = 0
+    while (iterator.hasNext()) {
+        val element = iterator.next()
+        if (index == count++)
+            return element
+    }
+    return defaultValue(index)
+}
+
+
+deprecated("Migrate to using Sequence<T> and respective functions")
+/**
+ * Returns element at the given [index] or calls [defaultValue] and returns its result if the [index] is out of bounds of this collection.
+ */
+public inline fun <T> Stream<T>.elementAtOrElse(index: Int, defaultValue: (Int) -> T): T {
+    val iterator = iterator()
+    var count = 0
+    while (iterator.hasNext()) {
+        val element = iterator.next()
+        if (index == count++)
+            return element
+    }
+    return defaultValue(index)
+}
+
+/**
+ * Returns element at the given [index] or calls [defaultValue] and returns its result if the [index] is out of bounds of this collection.
+ */
+public inline fun String.elementAtOrElse(index: Int, defaultValue: (Int) -> Char): Char {
+    return if (index >= 0 && index <= lastIndex) get(index) else defaultValue(index)
+}
+
+/**
+ * Returns element at the given [index] or `null` if the [index] is out of bounds of this collection.
+ */
+public fun <T> Array<out T>.elementAtOrNull(index: Int): T? {
+    return if (index >= 0 && index <= lastIndex) get(index) else null
+}
+
+/**
+ * Returns element at the given [index] or `null` if the [index] is out of bounds of this collection.
+ */
+public fun BooleanArray.elementAtOrNull(index: Int): Boolean? {
+    return if (index >= 0 && index <= lastIndex) get(index) else null
+}
+
+/**
+ * Returns element at the given [index] or `null` if the [index] is out of bounds of this collection.
+ */
+public fun ByteArray.elementAtOrNull(index: Int): Byte? {
+    return if (index >= 0 && index <= lastIndex) get(index) else null
+}
+
+/**
+ * Returns element at the given [index] or `null` if the [index] is out of bounds of this collection.
+ */
+public fun CharArray.elementAtOrNull(index: Int): Char? {
+    return if (index >= 0 && index <= lastIndex) get(index) else null
+}
+
+/**
+ * Returns element at the given [index] or `null` if the [index] is out of bounds of this collection.
+ */
+public fun DoubleArray.elementAtOrNull(index: Int): Double? {
+    return if (index >= 0 && index <= lastIndex) get(index) else null
+}
+
+/**
+ * Returns element at the given [index] or `null` if the [index] is out of bounds of this collection.
+ */
+public fun FloatArray.elementAtOrNull(index: Int): Float? {
+    return if (index >= 0 && index <= lastIndex) get(index) else null
+}
+
+/**
+ * Returns element at the given [index] or `null` if the [index] is out of bounds of this collection.
+ */
+public fun IntArray.elementAtOrNull(index: Int): Int? {
+    return if (index >= 0 && index <= lastIndex) get(index) else null
+}
+
+/**
+ * Returns element at the given [index] or `null` if the [index] is out of bounds of this collection.
+ */
+public fun LongArray.elementAtOrNull(index: Int): Long? {
+    return if (index >= 0 && index <= lastIndex) get(index) else null
+}
+
+/**
+ * Returns element at the given [index] or `null` if the [index] is out of bounds of this collection.
+ */
+public fun ShortArray.elementAtOrNull(index: Int): Short? {
+    return if (index >= 0 && index <= lastIndex) get(index) else null
+}
+
+/**
+ * Returns element at the given [index] or `null` if the [index] is out of bounds of this collection.
+ */
+public fun <T> Iterable<T>.elementAtOrNull(index: Int): T? {
+    if (this is List<T>)
+        return this.elementAtOrNull(index)
+    val iterator = iterator()
+    var count = 0
+    while (iterator.hasNext()) {
+        val element = iterator.next()
+        if (index == count++)
+            return element
+    }
+    return null
+}
+
+/**
+ * Returns element at the given [index] or `null` if the [index] is out of bounds of this collection.
+ */
+public fun <T> List<T>.elementAtOrNull(index: Int): T? {
+    return if (index >= 0 && index <= lastIndex) get(index) else null
+}
+
+/**
+ * Returns element at the given [index] or `null` if the [index] is out of bounds of this collection.
+ */
+public fun <T> Sequence<T>.elementAtOrNull(index: Int): T? {
+    val iterator = iterator()
+    var count = 0
+    while (iterator.hasNext()) {
+        val element = iterator.next()
+        if (index == count++)
+            return element
+    }
+    return null
+}
+
+
+deprecated("Migrate to using Sequence<T> and respective functions")
+/**
+ * Returns element at the given [index] or `null` if the [index] is out of bounds of this collection.
+ */
+public fun <T> Stream<T>.elementAtOrNull(index: Int): T? {
+    val iterator = iterator()
+    var count = 0
+    while (iterator.hasNext()) {
+        val element = iterator.next()
+        if (index == count++)
+            return element
+    }
+    return null
+}
+
+/**
+ * Returns element at the given [index] or `null` if the [index] is out of bounds of this collection.
+ */
+public fun String.elementAtOrNull(index: Int): Char? {
+    return if (index >= 0 && index <= lastIndex) get(index) else null
 }
 
 /**
diff --git a/libraries/stdlib/test/collections/IterableTests.kt b/libraries/stdlib/test/collections/IterableTests.kt
index 1eac9153059..ea6a4608283 100644
--- a/libraries/stdlib/test/collections/IterableTests.kt
+++ b/libraries/stdlib/test/collections/IterableTests.kt
@@ -54,6 +54,14 @@ abstract class OrderedIterableTests<T : Iterable<String>>(data: T, empty: T) : I
         fails { data.elementAt(2) }
         fails { data.elementAt(-1) }
         fails { empty.elementAt(0) }
+
+        expect("foo") { data.elementAtOrElse(0, {""} )}
+        expect("zoo") { data.elementAtOrElse(-1, { "zoo" })}
+        expect("zoo") { data.elementAtOrElse(2, { "zoo" })}
+        expect("zoo") { empty.elementAtOrElse(0) { "zoo" }}
+
+        expect(null) { empty.elementAtOrNull(0) }
+
     }
 
     Test fun first() {
diff --git a/libraries/tools/kotlin-stdlib-gen/src/templates/Elements.kt b/libraries/tools/kotlin-stdlib-gen/src/templates/Elements.kt
index cfe1a79d19d..e0eee2af93a 100644
--- a/libraries/tools/kotlin-stdlib-gen/src/templates/Elements.kt
+++ b/libraries/tools/kotlin-stdlib-gen/src/templates/Elements.kt
@@ -176,12 +176,37 @@ fun elements(): List<GenericFunction> {
     }
 
     templates add f("elementAt(index: Int)") {
-        doc { "Returns element at given *index*" }
+        val index = '$' + "index"
+        doc { "Returns element at the given [index] or throws an IndexOutOfBoundsException if the [index] is out of bounds of this collection." }
         returns("T")
         body {
             """
-            if (this is List<*>)
-                return get(index) as T
+            if (this is List<T>)
+                return get(index)
+
+            return elementAtOrElse(index) { throw IndexOutOfBoundsException("Collection doesn't contain element at index $index") }
+            """
+        }
+        body(Sequences) {
+            """
+            return elementAtOrElse(index) { throw IndexOutOfBoundsException("Sequence doesn't contain element at index $index") }
+            """
+        }
+        body(Strings, Lists, ArraysOfObjects, ArraysOfPrimitives) {
+            """
+            return get(index)
+            """
+        }
+    }
+
+    templates add f("elementAtOrElse(index: Int, defaultValue: (Int) -> T)") {
+        doc { "Returns element at the given [index] or calls [defaultValue] and returns its result if the [index] is out of bounds of this collection." }
+        returns("T")
+        inline(true)
+        body {
+            """
+            if (this is List<T>)
+                return this.elementAtOrElse(index, defaultValue)
             val iterator = iterator()
             var count = 0
             while (iterator.hasNext()) {
@@ -189,7 +214,7 @@ fun elements(): List<GenericFunction> {
                 if (index == count++)
                     return element
             }
-            throw IndexOutOfBoundsException("Collection doesn't contain element at index")
+            return defaultValue(index)
             """
         }
         body(Sequences) {
@@ -201,12 +226,49 @@ fun elements(): List<GenericFunction> {
                 if (index == count++)
                     return element
             }
-            throw IndexOutOfBoundsException("Collection doesn't contain element at index")
+            return defaultValue(index)
             """
         }
         body(Strings, Lists, ArraysOfObjects, ArraysOfPrimitives) {
             """
-            return get(index)
+            return if (index >= 0 && index <= lastIndex) get(index) else defaultValue(index)
+            """
+        }
+    }
+
+
+    templates add f("elementAtOrNull(index: Int)") {
+        doc { "Returns element at the given [index] or `null` if the [index] is out of bounds of this collection." }
+        returns("T?")
+        body {
+            """
+            if (this is List<T>)
+                return this.elementAtOrNull(index)
+            val iterator = iterator()
+            var count = 0
+            while (iterator.hasNext()) {
+                val element = iterator.next()
+                if (index == count++)
+                    return element
+            }
+            return null
+            """
+        }
+        body(Sequences) {
+            """
+            val iterator = iterator()
+            var count = 0
+            while (iterator.hasNext()) {
+                val element = iterator.next()
+                if (index == count++)
+                    return element
+            }
+            return null
+            """
+        }
+        body(Strings, Lists, ArraysOfObjects, ArraysOfPrimitives) {
+            """
+            return if (index >= 0 && index <= lastIndex) get(index) else null
             """
         }
     }