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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net income $ 540 $ 582
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 571 503
Deferred tax expense (benefit) and tax credits (103) (8)
Asset valuation charge for IPL's Lansing Generating Station 60 0
Other (9) (30)
Other changes in assets and liabilities:    
Accounts receivable (388) (279)
Derivative assets 7 102
Accounts payable 59 (91)
Regulatory liabilities (67) (126)
Deferred income taxes 222 (23)
Other 21 (8)
Net cash flows from operating activities 913 622
Cash flows from (used for) investing activities:    
Utility business construction and acquisition expenditures (1,280) (1,201)
Other construction and acquisition expenditures (154) (92)
Cash receipts on sold receivables 399 306
Proceeds from sales of partial ownership interests in West Riverside 123 120
Other (28) (85)
Net cash flows from (used for) investing activities (940) (952)
Cash flows from (used for) financing activities:    
Common stock dividends (369) (341)
Proceeds from issuance of common stock, net 18 201
Proceeds from issuance of long-term debt 1,613 1,158
Payments to retire long-term debt (305) (404)
Net change in commercial paper and other short-term borrowings (145) (141)
Other (18) 42
Net cash flows from (used for) financing activities 794 515
Net increase (decrease) in cash, cash equivalents and restricted cash 767 185
Cash, cash equivalents and restricted cash at beginning of period 63 24
Cash, cash equivalents and restricted cash at end of period 830 209
Supplemental cash flows information:    
Interest (326) (280)
Income taxes, net 158 (6)
Significant non-cash investing and financing activities:    
Accrued capital expenditures 194 287
Beneficial interest obtained in exchange for securitized accounts receivable 212 236
Indemnification Agreement [Member] | Renewable Tax Credits Transferred [Member]    
Supplemental cash flows information:    
Proceeds from renewable tax credits transferred to other corporate taxpayers 172  
IPL [Member]    
Cash flows from operating activities:    
Net income 272 331
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 294 288
Deferred tax expense (benefit) and tax credits (64) (17)
Asset valuation charge for IPL's Lansing Generating Station 60 0
Other (1) (6)
Other changes in assets and liabilities:    
Accounts receivable (392) (306)
Derivative assets (1) 53
Regulatory assets (36) 55
Regulatory liabilities (65) (90)
Deferred income taxes 166 (44)
Other (2) (73)
Net cash flows from operating activities 231 191
Cash flows from (used for) investing activities:    
Utility business construction and acquisition expenditures (702) (427)
Cash receipts on sold receivables 399 306
Other (29) (56)
Net cash flows from (used for) investing activities (332) (177)
Cash flows from (used for) financing activities:    
Common stock dividends (151) (210)
Capital contributions from parent 325 60
Proceeds from issuance of long-term debt 643 296
Other (13) 13
Net cash flows from (used for) financing activities 804 159
Net increase (decrease) in cash, cash equivalents and restricted cash 703 173
Cash, cash equivalents and restricted cash at beginning of period 53 15
Cash, cash equivalents and restricted cash at end of period 756 188
Supplemental cash flows information:    
Interest (122) (107)
Income taxes, net 114 36
Significant non-cash investing and financing activities:    
Accrued capital expenditures 120 108
Beneficial interest obtained in exchange for securitized accounts receivable 212 236
IPL [Member] | Indemnification Agreement [Member] | Renewable Tax Credits Transferred [Member]    
Supplemental cash flows information:    
Proceeds from renewable tax credits transferred to other corporate taxpayers 89  
WPL [Member]    
Cash flows from operating activities:    
Net income 270 267
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 269 208
Other (47) (38)
Other changes in assets and liabilities:    
Derivative assets 7 55
Regulatory assets 62 (16)
Accounts payable 28 (55)
Deferred income taxes 60 19
Other 2 (3)
Net cash flows from operating activities 651 437
Cash flows from (used for) investing activities:    
Utility business construction and acquisition expenditures (578) (774)
Proceeds from sales of partial ownership interests in West Riverside 123 120
Other (9) (26)
Net cash flows from (used for) investing activities (464) (680)
Cash flows from (used for) financing activities:    
Common stock dividends (147) (138)
Capital contributions from parent 55 245
Proceeds from issuance of long-term debt 297 297
Net change in commercial paper and other short-term borrowings (318) (170)
Other (12) 20
Net cash flows from (used for) financing activities (125) 254
Net increase (decrease) in cash, cash equivalents and restricted cash 62 11
Cash, cash equivalents and restricted cash at beginning of period 7 5
Cash, cash equivalents and restricted cash at end of period 69 16
Supplemental cash flows information:    
Interest (123) (106)
Income taxes, net 36 (63)
Significant non-cash investing and financing activities:    
Accrued capital expenditures 68 $ 172
WPL [Member] | Indemnification Agreement [Member] | Renewable Tax Credits Transferred [Member]    
Supplemental cash flows information:    
Proceeds from renewable tax credits transferred to other corporate taxpayers $ 83