The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the balance sheets and the statements of cash flows as of December 31, 2023 and 2022:


	December 31, 2023						December 31, 2022
	Ameren		Ameren Missouri		Ameren Illinois		Ameren		Ameren Missouri		Ameren Illinois
Cash and cash equivalents	$	25	$	—	$	—	$	10	$	—	$	—
Restricted cash included in “Other current assets”	13		5		5		13		5		6
Restricted cash included in “Other assets”	229		—		229		185		—		185
Restricted cash included in “Nuclear decommissioning trust fund”	5		5		—		8		8		—
Total cash, cash equivalents, and restricted cash	$	272	$	10	$	234	$	216	$	13	$	191

Restricted cash included in “Other current assets” primarily represents funds held by an irrevocable Voluntary Employee Beneficiary Association (VEBA) trust, which provides health care benefits for active employees. Restricted cash included in “Other assets” on Ameren’s and Ameren Illinois’ balance sheets primarily represents amounts collected under a cost recovery rider restricted for use in the procurement of renewable energy credits and amounts in a trust fund restricted for the use of funding certain asbestos-related claims.

“Accounts receivable – trade” on Ameren’s and Ameren Illinois’ balance sheets include certain receivables purchased at a discount from alternative retail electric suppliers that elect to participate in the utility consolidated billing program. At December 31, 2023 and 2022, “Other current liabilities” on Ameren’s and Ameren Illinois’ balance sheets included payables for purchased receivables of $42 million and $31 million, respectively.

The following table provides a reconciliation of the beginning and ending amount of the allowance for doubtful accounts for the years ended December 31, 2023 and 2022:


	December 31, 2023						December 31, 2022
	Ameren Missouri		Ameren Illinois(a)		Ameren			Ameren Missouri		Ameren Illinois(a)		Ameren
Beginning balance at January 1	$	13	$	18	$	31		$	13	$	16	$	29
Bad debt expense	11		40		51			9		25		34
Charged to other accounts(b)	—		5		5			—		4		4
Net write-offs	(12)		(45)		(57)			(9)		(27)		(36)
Ending balance at December 31	$	12	$	18	$	30		$	13	$	18	$	31

(a)Ameren Illinois has rate-adjustment mechanisms that allow it to recover the difference between its actual net bad debt write-offs under GAAP, including those associated with receivables purchased from alternative retail electric suppliers, and the amount of net bad debt write-offs included in its base rates.

(b)Amounts associated with the allowance for doubtful accounts related to receivables purchased by Ameren Illinois from alternative retail electric suppliers, as required by the Illinois Public Utilities Act.

As of December 31, 2023, accounts receivable balances that were 30 days or greater past due or that were a part of a deferred payment arrangement represented 22%, 16%, and 27%, or $114 million, $35 million, and $79 million, of Ameren’s, Ameren Missouri’s, and Ameren Illinois’ customer trade receivables before allowance for doubtful accounts, respectively. In comparison, as of December 31, 2022, these percentages were 17%, 14%, and 20%, or $107 million, $35 million, and $71 million, for Ameren, Ameren Missouri, and Ameren Illinois, respectively.


	December 31, 2023						December 31, 2022
	Ameren Missouri		Ameren Illinois		Ameren		Ameren Missouri		Ameren Illinois		Ameren
Fuel(a)	$	109	$	—	$	109	$	79	$	—	$	79
Natural gas stored underground	8		87		95		10		120		130
Materials, supplies, and other	391		138		529		345		113		458
Total inventories	$	508	$	225	$	733	$	434	$	233	$	667


	December 31, 2023									December 31, 2022
	Ameren Missouri			Ameren Illinois			Ameren			Ameren Missouri			Ameren Illinois			Ameren
Beginning balance at January 1	$	782	(a)	$	4	(b)	$	786	(a)	$	760		$	4		$	764
Liabilities incurred	—			—			—			1			—			1
Liabilities settled	(10)			—			(10)			(4)			—			(4)
Accretion(c)	33			—			33			32			—			32
Change in estimates	(18)			—			(18)			(7)			—			(7)
Ending balance at December 31	$	787	(a)(d)	$	4	(b)	$	791	(a)(d)	$	782	(a)	$	4	(b)	$	786	(a)

As of December 31, 2023, and 2022, the present value of benefits to be paid for deferred compensation obligations was $85 million and $87 million, respectively, which was primarily reflected in “Other deferred credits and liabilities” on Ameren’s consolidated balance sheet. Deferred compensation obligations are primarily recorded on the balance sheet of Ameren (parent).

Ameren Missouri and Ameren Illinois collect from their customers excise taxes, including municipal and state excise taxes and gross receipts taxes, that are levied on the sale or distribution of natural gas and electricity. The following table presents the excise taxes recorded on a gross basis in “Operating Revenues – Electric,” “Operating Revenues – Natural gas” and “Operating Expenses – Taxes other than income taxes” on the statements of income for the years ended December 31, 2023, 2022, and 2021:

The following table presents the average rate that was applied to eligible construction work in progress and the amounts of allowance for funds used during construction capitalized in 2023, 2022, and 2021:


	2023			2022			2021
Average rate:
Ameren Missouri	6		%	5		%	6		%
Ameren Illinois	6		%	5		%	5		%
Ameren:
Allowance for equity funds used during construction	$	54		$	43		$	43
Allowance for borrowed funds used during construction	48			26			17
Total Ameren	$	102		$	69		$	60
Ameren Missouri:
Allowance for equity funds used during construction	$	30		$	24		$	26
Allowance for borrowed funds used during construction	27			13			10
Total Ameren Missouri	$	57		$	37		$	36
Ameren Illinois:
Allowance for equity funds used during construction	$	19		$	18		$	17
Allowance for borrowed funds used during construction	17			12			7
Total Ameren Illinois	$	36		$	30		$	24

Earnings per basic and diluted share are computed by dividing “Net Income Attributable to Ameren Common Shareholders” by the weighted-average number of basic and diluted common shares outstanding, respectively, during the applicable period. The weighted-average shares outstanding for earnings per diluted share includes the incremental effects resulting from performance share units, restricted stock units, and forward sale agreements relating to common stock when the impact would be dilutive, as calculated using the treasury stock method. For information regarding performance share units and restricted stock units, see Note 11 – Stock-based Compensation. For information regarding forward sale agreements, see Note 5 – Long-term Debt and Equity Financings.

The following table reconciles the weighted-average number of common shares outstanding to the diluted weighted-average number of common shares outstanding for the years ended December 31, 2023, 2022, and 2021:


	2023	2022	2021


Weighted-average Common Shares Outstanding – Basic	262.8	258.4	256.3
Assumed settlement of performance share units and restricted stock units	0.6	1.0	1.3
Dilutive effect of forward sale agreements	—	0.1	—
Weighted-average Common Shares Outstanding – Diluted(a)	263.4	259.5	257.6

(a)There was an immaterial number of anti-dilutive securities excluded from the earnings per diluted share calculations for the years ended December 31, 2023, 2022, and 2021 related to performance share units and restricted stock units. The outstanding forward sale agreements as of December 31, 2023, were anti-dilutive for the year ended December 31, 2023, and excluded from the earnings per diluted share calculation as calculated using the treasury stock method.

The following table provides noncash financing and investing activity excluded from the statements of cash flows for the years ended December 31, 2023, 2022, and 2021:


	December 31, 2023						December 31, 2022							December 31, 2021
	Ameren		Ameren Missouri		Ameren Illinois			Ameren		Ameren Missouri		Ameren Illinois			Ameren		Ameren Missouri		Ameren Illinois
Investing
Accrued capital expenditures, including nuclear fuel expenditures	$	518	$	270	$	212		$	441	$	243	$	181		$	524	$	301	$	215


Net realized and unrealized gain (loss) – nuclear decommissioning trust fund	167		167		—			(218)		(218)		—			163		163		—
Return of investment in industrial development revenue bonds(a)	240		240		—			—		—		—			—		—		—
Financing
Issuance of common stock for stock-based compensation	$	40	$	—	$	—		$	31	$	—	$	—		$	33	$	—	$	—
Issuance of common stock under the DRPlus	7		—		—			8		—		—			—		—		—
Termination of a financing agreement(a)	240		240		—			—		—		—			—		—		—