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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from (used for) operating activities:    
Net income $ 192 $ 174
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 166 164
Deferred tax expense (benefit) and tax credits 18 (29)
Other (6) 4
Other changes in assets and liabilities:    
Accounts receivable (161) (126)
Gas stored underground 55 20
Derivative assets (85) 6
Regulatory assets 19 (4)
Accounts payable (37) (6)
Regulatory liabilities 92 (60)
Deferred income taxes 15 58
Other (17) (56)
Net cash flows from (used for) operating activities 251 145
Cash flows from (used for) investing activities:    
Utility business construction and acquisition expenditures (307) (214)
Other construction and acquisition expenditures (23) (17)
Cash receipts on sold receivables 115 209
Other (8) (16)
Net cash flows from (used for) investing activities (223) (38)
Cash flows from (used for) financing activities:    
Common stock dividends (107) (102)
Proceeds from issuance of long-term debt 650 0
Payments to retire long-term debt (300) 0
Net change in commercial paper (239) (53)
Other (1) 10
Net cash flows from (used for) financing activities 3 (145)
Net increase (decrease) in cash, cash equivalents and restricted cash 31 (38)
Cash, cash equivalents and restricted cash at beginning of period 40 56
Cash, cash equivalents and restricted cash at end of period 71 18
Supplemental cash flows information:    
Interest (62) (59)
Significant non-cash investing and financing activities:    
Accrued capital expenditures 134 64
Beneficial interest obtained in exchange for securitized accounts receivable 227 107
IPL [Member]    
Cash flows from (used for) operating activities:    
Net income 87 82
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 94 94
Deferred tax expense (benefit) and tax credits 15 (2)
Other (2) (1)
Other changes in assets and liabilities:    
Accounts receivable (128) (133)
Income tax refunds receivable (17) (3)
Gas stored underground 29 12
Derivative assets (43) 10
Regulatory assets 9 (16)
Regulatory liabilities 59 (19)
Other (14) (69)
Net cash flows from (used for) operating activities 89 (45)
Cash flows from (used for) investing activities:    
Utility business construction and acquisition expenditures (96) (106)
Cash receipts on sold receivables 115 209
Other (1) (5)
Net cash flows from (used for) investing activities 18 98
Cash flows from (used for) financing activities:    
Common stock dividends (81) (101)
Other 2 9
Net cash flows from (used for) financing activities (79) (92)
Net increase (decrease) in cash, cash equivalents and restricted cash 28 (39)
Cash, cash equivalents and restricted cash at beginning of period 34 50
Cash, cash equivalents and restricted cash at end of period 62 11
Supplemental cash flows information:    
Interest (37) (37)
Income taxes, net 0 (7)
Significant non-cash investing and financing activities:    
Accrued capital expenditures 27 31
Beneficial interest obtained in exchange for securitized accounts receivable 227 107
WPL [Member]    
Cash flows from (used for) operating activities:    
Net income 92 84
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 70 69
Deferred tax expense (benefit) and tax credits (2) (28)
Other (3) 4
Other changes in assets and liabilities:    
Accounts receivable (23) 9
Gas stored underground 26 9
Derivative assets (42) (4)
Accounts payable (24) (24)
Regulatory liabilities 32 (41)
Accrued taxes 21 8
Deferred income taxes 8 44
Other 12 18
Net cash flows from (used for) operating activities 167 148
Cash flows from (used for) investing activities:    
Utility business construction and acquisition expenditures (212) (108)
Other (5) (11)
Net cash flows from (used for) investing activities (217) (119)
Cash flows from (used for) financing activities:    
Common stock dividends (44) (42)
Capital contributions from parent 180 125
Net change in commercial paper (79) (109)
Other (5) (4)
Net cash flows from (used for) financing activities 52 (30)
Net increase (decrease) in cash, cash equivalents and restricted cash 2 (1)
Cash, cash equivalents and restricted cash at beginning of period 2 3
Cash, cash equivalents and restricted cash at end of period 4 2
Supplemental cash flows information:    
Interest (23) (21)
Significant non-cash investing and financing activities:    
Accrued capital expenditures $ 104 $ 32