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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net income $ 579 $ 558
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 494 454
Deferred tax benefit and tax credits (69) (48)
Other 7 (17)
Other changes in assets and liabilities:    
Accounts receivable (397) (316)
Derivative assets (202) (22)
Regulatory liabilities 25 (72)
Deferred income taxes 160 143
Pension and other benefit obligations (59) (61)
DAEC PPA amendment buyout payment 0 (110)
Other (61) (73)
Net cash flows from operating activities 477 436
Cash flows from (used for) investing activities:    
Utility business construction and acquisition expenditures (772) (935)
Other construction and acquisition expenditures (60) (39)
Cash receipts on sold receivables 423 318
Other (43) (23)
Net cash flows from (used for) investing activities (452) (679)
Cash flows from (used for) financing activities:    
Common stock dividends (304) (281)
Proceeds from issuance of common stock, net 22 241
Proceeds from issuance of long-term debt 300 1,050
Payments to retire long-term debt (4) (654)
Net change in commercial paper (73) 85
Other 2 (22)
Net cash flows from (used for) financing activities (57) 419
Net increase (decrease) in cash, cash equivalents and restricted cash (32) 176
Cash, cash equivalents and restricted cash at beginning of period 56 18
Cash, cash equivalents and restricted cash at end of period 24 194
Supplemental cash flows information:    
Interest (197) (197)
Income taxes, net (1) 6
Significant non-cash investing and financing activities:    
Accrued capital expenditures 91 202
Beneficial interest obtained in exchange for securitized accounts receivable 164 201
IPL [Member]    
Cash flows from operating activities:    
Net income 330 298
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 281 264
Deferred tax benefit and tax credits (13) (42)
Other (1) (9)
Other changes in assets and liabilities:    
Accounts receivable (412) (337)
Derivative assets (86) (12)
Regulatory assets (33) (32)
Regulatory liabilities 30 (11)
Deferred income taxes 56 62
Pension and other benefit obligations (25) (19)
DAEC PPA amendment buyout payment 0 (110)
Other (32) (33)
Net cash flows from operating activities 95 19
Cash flows from (used for) investing activities:    
Utility business construction and acquisition expenditures (285) (465)
Cash receipts on sold receivables 423 318
Other (16) (55)
Net cash flows from (used for) investing activities 122 (202)
Cash flows from (used for) financing activities:    
Common stock dividends (301) (177)
Capital contributions from parent 50 345
Proceeds from issuance of long-term debt 0 400
Payments to retire long-term debt 0 (200)
Other (3) (9)
Net cash flows from (used for) financing activities (254) 359
Net increase (decrease) in cash, cash equivalents and restricted cash (37) 176
Cash, cash equivalents and restricted cash at beginning of period 50 9
Cash, cash equivalents and restricted cash at end of period 13 185
Supplemental cash flows information:    
Interest (106) (109)
Income taxes, net 28 (12)
Significant non-cash investing and financing activities:    
Accrued capital expenditures 30 150
Beneficial interest obtained in exchange for securitized accounts receivable 164 201
WPL [Member]    
Cash flows from operating activities:    
Net income 215 220
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 209 186
Deferred tax benefit and tax credits (63) (9)
Other 12 (8)
Other changes in assets and liabilities:    
Derivative assets (116) (10)
Regulatory liabilities (5) (61)
Deferred income taxes 108 79
Other (11) 5
Net cash flows from operating activities 349 402
Cash flows from (used for) investing activities:    
Utility business construction and acquisition expenditures (487) (470)
Other (23) 5
Net cash flows from (used for) investing activities (510) (465)
Cash flows from (used for) financing activities:    
Common stock dividends (126) (127)
Capital contributions from parent 245 25
Proceeds from issuance of long-term debt 300 350
Payments to retire long-term debt 0 (150)
Net change in commercial paper (254) (29)
Other (3) (8)
Net cash flows from (used for) financing activities 162 61
Net increase (decrease) in cash, cash equivalents and restricted cash 1 (2)
Cash, cash equivalents and restricted cash at beginning of period 3 4
Cash, cash equivalents and restricted cash at end of period 4 2
Supplemental cash flows information:    
Interest (72) (71)
Income taxes, net (24) 5
Significant non-cash investing and financing activities:    
Accrued capital expenditures $ 59 $ 50