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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from (used for) operating activities:      
Net income $ 624 $ 567 $ 522
Adjustments to reconcile net income to net cash flows from (used for) operating activities:      
Depreciation and amortization 615 567 507
Deferred tax expense (benefit) and tax credits (66) 56 67
Equity component of allowance for funds used during construction (39) (66) (51)
Other 37 20 8
Other changes in assets and liabilities:      
Accounts receivable (468) (472) (475)
Regulatory assets (130) (16) (16)
Regulatory liabilities (113) (40) 1
Deferred income taxes 171 54 56
DAEC PPA amendment buyout payment (110) 0 0
Other (20) (10) (91)
Net cash flows from (used for) operating activities 501 660 528
Cash flows used for investing activities:      
Utility construction and acquisition expenditures (1,293) (1,539) (1,569)
Other construction and acquisition expenditures (73) (101) (65)
Cash receipts on sold receivables 458 413 605
Other (43) (60) (38)
Net cash flows used for investing activities (951) (1,287) (1,067)
Cash flows from financing activities:      
Common stock dividends (377) (337) (312)
Proceeds from issuance of common stock, net 247 390 197
Proceeds from issuance of long-term debt 1,250 950 1,500
Payments to retire long-term debt (657) (256) (856)
Net change in commercial paper and other short-term borrowings 52 (104) 26
Other (27) (24) (24)
Net cash flows from (used for) financing activities 488 619 531
Net increase (decrease) in cash, cash equivalents and restricted cash 38 (8) (8)
Cash, cash equivalents and restricted cash at beginning of period 18 26 34
Cash, cash equivalents and restricted cash at end of period 56 18 26
Supplemental cash flows information:      
Interest (274) (268) (247)
Income taxes, net 5 21 (5)
Significant non-cash investing and financing activities:      
Accrued capital expenditures 131 196 299
Beneficial interest obtained in exchange for securitized accounts receivable 188 188 119
IPL [Member]      
Cash flows from (used for) operating activities:      
Net income 334 294 274
Adjustments to reconcile net income to net cash flows from (used for) operating activities:      
Depreciation and amortization 356 327 283
Deferred tax expense (benefit) and tax credits (52) 15 2
Equity component of allowance for funds used during construction (17) (35) (29)
Other 12 1 4
Other changes in assets and liabilities:      
Accounts receivable (466) (467) (494)
Regulatory assets (93) (11) (20)
Accounts payable 6 (21) (25)
Regulatory liabilities (20) 2 1
Deferred income taxes 79 35 44
DAEC PPA amendment buyout payment (110) 0 0
Other (35) 33 (45)
Net cash flows from (used for) operating activities (6) 173 (5)
Cash flows used for investing activities:      
Utility construction and acquisition expenditures (687) (1,020) (991)
Cash receipts on sold receivables 458 413 605
Other (72) (60) (44)
Net cash flows used for investing activities (301) (667) (430)
Cash flows from financing activities:      
Common stock dividends (236) (168) (168)
Capital contributions from parent 404 125 425
Proceeds from issuance of long-term debt 400 600 500
Payments to retire long-term debt (200) 0 (350)
Net change in commercial paper and other short-term borrowings 0 (50) 50
Other (20) (16) (17)
Net cash flows from (used for) financing activities 348 491 440
Net increase (decrease) in cash, cash equivalents and restricted cash 41 (3) 5
Cash, cash equivalents and restricted cash at beginning of period 9 12 7
Cash, cash equivalents and restricted cash at end of period 50 9 12
Supplemental cash flows information:      
Interest (141) (122) (120)
Income taxes, net (18) 7 (24)
Significant non-cash investing and financing activities:      
Accrued capital expenditures 73 112 187
Beneficial interest obtained in exchange for securitized accounts receivable 188 188 119
WPL [Member]      
Cash flows from (used for) operating activities:      
Net income 249 233 208
Adjustments to reconcile net income to net cash flows from (used for) operating activities:      
Depreciation and amortization 254 236 219
Deferred tax expense (benefit) and tax credits (15) 24 50
Other 2 (12) (17)
Other changes in assets and liabilities:      
Regulatory liabilities (93) (42) 1
Deferred income taxes 90 20 9
Other (21) (36) (13)
Net cash flows from (used for) operating activities 466 423 457
Cash flows used for investing activities:      
Utility construction and acquisition expenditures (606) (519) (578)
Other (7) (38) (30)
Net cash flows used for investing activities (613) (557) (608)
Cash flows from financing activities:      
Common stock dividends (160) (144) (140)
Capital contributions from parent 25 125 200
Proceeds from issuance of long-term debt 350 350 0
Payments to retire long-term debt (150) (250) 0
Net change in commercial paper and other short-term borrowings 89 63 81
Other (8) (15) (5)
Net cash flows from (used for) financing activities 146 129 136
Net increase (decrease) in cash, cash equivalents and restricted cash (1) (5) (15)
Cash, cash equivalents and restricted cash at beginning of period 4 9 24
Cash, cash equivalents and restricted cash at end of period 3 4 9
Supplemental cash flows information:      
Interest (102) (103) (98)
Income taxes, net 13 (29) 14
Significant non-cash investing and financing activities:      
Accrued capital expenditures $ 55 $ 82 $ 102