XML 48 R19.htm IDEA: XBRL DOCUMENT v3.25.1
Income Taxes
 3 Months Ended
Mar. 31, 2025
Income Tax Disclosure [Abstract]  
Income Taxes INCOME TAXES
The following table presents a reconciliation of the federal statutory corporate income tax rate to the effective income tax rate for the three months ended March 31, 2025 and 2024:
AmerenAmeren MissouriAmeren Illinois
202520242025202420252024
Three Months
Federal statutory corporate income tax rate21 %21 %21 %21 %21 %21 %
Increases (decreases) from:
Amortization of excess deferred taxes(a)
(7)(8)

(8)(12)

(3)(4)
Amortization of deferred investment tax credit(1)— (1)— — — 
Renewable and other tax credits(b)
(4)(4)(7)(8)— — 
State tax6 6 4 4 7 7 
Depreciation differences(1)(1)(1)(1)(1)— 
Stock-based compensation— 1 — — — — 
Other permanent items— (1)— — — — 
Effective income tax rate14 %14 %8 %4 %24 %24 %
(a)Reflects the amortization of amounts resulting from the revaluation of deferred income taxes subject to regulatory ratemaking, which are being refunded to customers.
(b)The benefit of the credits associated with Missouri renewable energy standard compliance is refunded to customers through the RESRAM. The benefit of the credits associated with the production and investment tax credit tracker will be refunded to customers based on MoPSC approval in a regulatory rate review.