Other Income, Net

3 Months Ended

Mar. 31, 2023

Other Nonoperating Income (Expense) [Abstract]

OTHER INCOME, NET

OTHER INCOME, NET

The following table presents the components of “Other Income, Net” in the Ameren Companies’ statements of income for the three months ended March 31, 2023 and 2022:

	Three Months
	2023		2022
Ameren:
Allowance for equity funds used during construction	$	9	$	8
Interest income on industrial development revenue bonds	1		6
Non-service cost components of net periodic benefit income(a)	64		46
Miscellaneous income	9		4
Earnings related to equity method investments	2		3
Donations	(2)		(2)
Miscellaneous expense	(5)		(5)
Total Other Income, Net	$	78	$	60
Ameren Missouri:
Allowance for equity funds used during construction	$	4	$	4
Interest income on industrial development revenue bonds	1		6
Non-service cost components of net periodic benefit income(a)	14		14
Miscellaneous income	4		2
Donations	(1)		(1)
Miscellaneous expense	(3)		(2)
Total Other Income, Net	$	19	$	23
Ameren Illinois:
Allowance for equity funds used during construction	$	4	$	4
Non-service cost components of net periodic benefit income	31		21
Miscellaneous income	5		2
Donations	(1)		(1)
Miscellaneous expense	(2)		(2)
Total Other Income, Net	$	37	$	24

(a)For the three months ended March 31, 2023 and 2022, the non-service cost components of net periodic benefit income were adjusted by amounts deferred of $17 million and $6 million, respectively, due to a regulatory tracking mechanism for the difference between the level of such costs incurred by Ameren Missouri under GAAP and the level of such costs included in rates. See Note 11– Retirement Benefits for additional information.