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Related Party Transactions
6 Months Ended
Jun. 30, 2018
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS
RELATED-PARTY TRANSACTIONS
In the normal course of business, the Ameren Companies engage in affiliate transactions. These transactions primarily consist of natural gas and power purchases and sales, services received or rendered, and borrowings and lendings. Transactions between Ameren’s subsidiaries are reported as affiliate transactions on their individual financial statements, but those transactions are eliminated in consolidation for Ameren’s consolidated financial statements. For a discussion of our material related-party agreements and money pool arrangements, see Note 13 – Related-party Transactions and Note 4 – Short-term Debt and Liquidity under Part II, Item 8, of the Form 10-K.
Electric Power Supply Agreement
In April 2018, Ameren Illinois conducted a procurement event, administered by the IPA, to purchase energy products. Ameren Missouri was among the winning suppliers in this event. As a result, in April 2018, Ameren Missouri and Ameren Illinois entered into an energy product agreement by which Ameren Missouri agreed to sell, and Ameren Illinois agreed to purchase, 110,000 megawatthours at an average price of $32 per megawatthour during the period of June 2019 through September 2020.
The following table presents the impact on Ameren Missouri and Ameren Illinois of related-party transactions for the three and six months ended June 30, 2018 and 2017:
 
 
 
 
Three Months
 
Six Months
Agreement
Income Statement
Line Item
 
 
Ameren
Missouri
 
Ameren
Illinois
 
Ameren
Missouri
 
Ameren
Illinois
Ameren Missouri power supply
Operating Revenues
2018
$
3

$
(a)

$
6

$
(a)

agreements with Ameren Illinois
 
2017
 
6

 
(a)

 
17

 
(a)

Ameren Missouri and Ameren Illinois
Operating Revenues
2018
 
6

 
1

 
11

 
2

rent and facility services
 
2017
 
6

 
1

 
13

 
2

Ameren Missouri and Ameren Illinois
Operating Revenues
2018
 
(b)

 
(b)

 
(b)

 
(b)

miscellaneous support services
 
2017
 
(b)

 
1

 
(b)

 
1

Total Operating Revenues
 
2018
$
9

$
1

$
17

$
2

 
 
2017
 
12

 
2

 
30

 
3

Ameren Illinois power supply
Purchased Power
2018
$
(a)

$
3

$
(a)

$
6

agreements with Ameren Missouri
 
2017
 
(a)

 
6

 
(a)

 
17

Ameren Illinois transmission
Purchased Power
2018
 
(a)

 
1

 
(a)

 
1

services with ATXI
 
2017
 
(a)

 
1

 
(a)

 
1

Total Purchased Power
 
2018
$
(a)

$
4

$
(a)

$
7

 
 
2017
 
(a)

 
7

 
(a)

 
18

Ameren Services support services
Other Operations and Maintenance
2018
$
32

$
30

$
65

$
60

agreement
 
2017
 
34

 
34

 
69

 
66

Money pool borrowings (advances)
Interest Charges/ Other Income, Net
2018
$
(b)

$
(b)

$
(b)

$
(b)

 
 
2017
 
(b)

 
(b)

 
(b)

 
(b)

(a)
Not applicable.
(b)
Amount less than $1 million.