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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net income $ 320 $ 309
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 329 298
Deferred tax benefit and tax credits (42) (29)
Equity component of allowance for funds used during construction (6) (27)
Other 8 27
Other changes in assets and liabilities:    
Accounts receivable (265) (198)
Derivative assets (68) (16)
Regulatory liabilities (69) (63)
Deferred income taxes 93 82
Pension and other benefit obligations (34) (34)
Other (59) (30)
Net cash flows from operating activities 207 319
Cash flows from (used for) investing activities:    
Utility business construction and acquisition expenditures (426) (584)
Other construction and acquisition expenditures (32) (24)
Cash receipts on sold receivables 295 210
Other (27) 6
Net cash flows from (used for) investing activities (190) (392)
Cash flows from (used for) financing activities:    
Common stock dividends (203) (187)
Proceeds from issuance of common stock, net 15 235
Proceeds from issuance of long-term debt 0 1,050
Payments to retire long-term debt (4) (654)
Net change in commercial paper 146 (152)
Other (11) (28)
Net cash flows from (used for) financing activities (57) 264
Net increase (decrease) in cash, cash equivalents and restricted cash (40) 191
Cash, cash equivalents and restricted cash at beginning of period 56 18
Cash, cash equivalents and restricted cash at end of period 16 209
Supplemental cash flows information:    
Interest (137) (138)
Income taxes, net (1) (5)
Significant non-cash investing and financing activities:    
Accrued capital expenditures 139 208
Beneficial interest obtained in exchange for securitized accounts receivable 154 194
IPL [Member]    
Cash flows from operating activities:    
Net income 170 147
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 187 175
Deferred tax benefit and tax credits (11) (21)
Other (2) (6)
Other changes in assets and liabilities:    
Accounts receivable (270) (219)
Derivative assets (27) (15)
Accounts payable 1 26
Regulatory liabilities (36) 0
Deferred income taxes 30 26
Other (24) (36)
Net cash flows from operating activities 18 77
Cash flows from (used for) investing activities:    
Utility business construction and acquisition expenditures (191) (310)
Cash receipts on sold receivables 295 210
Other (6) (25)
Net cash flows from (used for) investing activities 98 (125)
Cash flows from (used for) financing activities:    
Common stock dividends (200) (118)
Capital contributions from parent 50 175
Proceeds from issuance of long-term debt 0 400
Payments to retire long-term debt 0 (200)
Other (5) (15)
Net cash flows from (used for) financing activities (155) 242
Net increase (decrease) in cash, cash equivalents and restricted cash (39) 194
Cash, cash equivalents and restricted cash at beginning of period 50 9
Cash, cash equivalents and restricted cash at end of period 11 203
Supplemental cash flows information:    
Interest (69) (72)
Income taxes, net 27 7
Significant non-cash investing and financing activities:    
Accrued capital expenditures 32 94
Beneficial interest obtained in exchange for securitized accounts receivable 154 194
WPL [Member]    
Cash flows from operating activities:    
Net income 122 147
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 139 121
Deferred tax benefit and tax credits (35) (12)
Other 10 (7)
Other changes in assets and liabilities:    
Accounts receivable 9 23
Derivative assets (41) (1)
Regulatory liabilities (33) (63)
Deferred income taxes 63 53
Other (34) (5)
Net cash flows from operating activities 200 256
Cash flows from (used for) investing activities:    
Utility business construction and acquisition expenditures (235) (274)
Other (18) 14
Net cash flows from (used for) investing activities (253) (260)
Cash flows from (used for) financing activities:    
Common stock dividends (85) (84)
Capital contributions from parent 210 25
Proceeds from issuance of long-term debt 0 350
Payments to retire long-term debt 0 (150)
Net change in commercial paper (65) (130)
Other (7) (8)
Net cash flows from (used for) financing activities 53 3
Net increase (decrease) in cash, cash equivalents and restricted cash 0 (1)
Cash, cash equivalents and restricted cash at beginning of period 3 4
Cash, cash equivalents and restricted cash at end of period 3 3
Supplemental cash flows information:    
Interest (52) (50)
Income taxes, net (27) 1
Significant non-cash investing and financing activities:    
Accrued capital expenditures $ 104 $ 114