Divestiture Transactions and Discontinued Operations

9 Months Ended

Sep. 30, 2016

Discontinued Operations and Disposal Groups [Abstract]

DIVESTITURE TRANSACTIONS AND DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS

There was no net income attributable to Ameren common shareholders from discontinued operations during 2016. The following table presents the components of discontinued operations in Ameren's consolidated statement of income for the three and nine months ended September 30, 2015:

	2015			2015
	Three Months			Nine Months
Operating revenues	$	—		$	—
Operating benefits (expenses)	(1		)	2
Operating income (loss) before income tax	(1		)	2
Income tax benefit	1			50
Income from discontinued operations, net of taxes	$	—		$	52

During the second quarter of 2015, based on the completion of the IRS audit for 2013, Ameren removed a previously recorded reserve for unrecognized tax benefits and recognized a tax benefit from discontinued operations. See Note 16 – Divestiture Transactions and Discontinued Operations under Part II, Item 8, of the Form 10-K for additional information related to discontinued operations.

The following table presents the carrying amounts of the components of assets and liabilities of Ameren’s discontinued operations, which consist primarily of AROs and related deferred income tax assets associated with the abandoned Meredosia and Hutsonville energy centers, at September 30, 2016, and December 31, 2015:

	September 30, 2016		December 31, 2015
Assets of discontinued operations
Accumulated deferred income taxes, net	$	15	$	14
Total assets of discontinued operations	$	15	$	14
Liabilities of discontinued operations
Accounts payable and other current obligations	$	1	$	1
Asset retirement obligations(a)	26		28
Total liabilities of discontinued operations	$	27	$	29

(a) Ameren has completed its retirement obligations at the Hutsonville energy center. The remaining ARO liabilities relate to the abandoned Meredosia energy center.