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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income $ 351 $ 320
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 332 329
Deferred tax expense (benefit) and tax credits 12 (42)
Other (16) 2
Other changes in assets and liabilities:    
Accounts receivable (283) (265)
Derivative assets (183) (68)
Regulatory assets (116) 4
Accounts payable 95 11
Regulatory liabilities 74 (69)
Derivative liabilities 86 (22)
Deferred income taxes 34 93
Pension and other benefit obligations (18) (34)
Other (68) (52)
Net cash flows from operating activities 300 207
Cash flows from (used for) investing activities:    
Utility business construction and acquisition expenditures (550) (426)
Other construction and acquisition expenditures (43) (32)
Cash receipts on sold receivables 233 295
Other (10) (27)
Net cash flows from (used for) investing activities (370) (190)
Cash flows from (used for) financing activities:    
Common stock dividends (215) (203)
Proceeds from issuance of long-term debt 650 0
Payments to retire long-term debt (304) (4)
Net change in commercial paper (116) 146
Contributions from noncontrolling interest 29 0
Other 6 4
Net cash flows from (used for) financing activities 50 (57)
Net increase (decrease) in cash, cash equivalents and restricted cash (20) (40)
Cash, cash equivalents and restricted cash at beginning of period 40 56
Cash, cash equivalents and restricted cash at end of period 20 16
Supplemental cash flows information:    
Interest (146) (137)
Income taxes, net (4) (1)
Significant non-cash investing and financing activities:    
Accrued capital expenditures 200 139
Beneficial interest obtained in exchange for securitized accounts receivable 244 154
IPL [Member]    
Cash flows from operating activities:    
Net income 173 170
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 189 187
Other (9) (13)
Other changes in assets and liabilities:    
Accounts receivable (256) (270)
Derivative assets (123) (27)
Regulatory assets (52) (14)
Accounts payable 67 1
Regulatory liabilities 53 (36)
Derivative liabilities 63 (11)
Deferred income taxes 24 30
Other (46) 1
Net cash flows from operating activities 83 18
Cash flows from (used for) investing activities:    
Utility business construction and acquisition expenditures (172) (191)
Cash receipts on sold receivables 233 295
Other (1) (6)
Net cash flows from (used for) investing activities 60 98
Cash flows from (used for) financing activities:    
Common stock dividends (160) (200)
Capital contributions from parent 0 50
Other (4) (5)
Net cash flows from (used for) financing activities (164) (155)
Net increase (decrease) in cash, cash equivalents and restricted cash (21) (39)
Cash, cash equivalents and restricted cash at beginning of period 34 50
Cash, cash equivalents and restricted cash at end of period 13 11
Supplemental cash flows information:    
Interest (74) (69)
Income taxes, net 19 27
Significant non-cash investing and financing activities:    
Accrued capital expenditures 45 32
Beneficial interest obtained in exchange for securitized accounts receivable 244 154
WPL [Member]    
Cash flows from operating activities:    
Net income 156 122
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 139 139
Deferred tax expense (benefit) and tax credits 10 (35)
Other (6) 10
Other changes in assets and liabilities:    
Accounts receivable (17) 9
Derivative assets (60) (41)
Regulatory assets (65) 17
Accounts payable 38 1
Regulatory liabilities 20 (33)
Derivative liabilities 23 (12)
Deferred income taxes 11 63
Other (51) (40)
Net cash flows from operating activities 198 200
Cash flows from (used for) investing activities:    
Utility business construction and acquisition expenditures (378) (235)
Other (6) (18)
Net cash flows from (used for) investing activities (384) (253)
Cash flows from (used for) financing activities:    
Common stock dividends (89) (85)
Capital contributions from parent 265 210
Net change in commercial paper (14) (65)
Contributions from noncontrolling interest 29 0
Other (3) (7)
Net cash flows from (used for) financing activities 188 53
Net increase (decrease) in cash, cash equivalents and restricted cash 2 0
Cash, cash equivalents and restricted cash at beginning of period 2 3
Cash, cash equivalents and restricted cash at end of period 4 3
Supplemental cash flows information:    
Interest (54) (52)
Income taxes, net (31) (27)
Significant non-cash investing and financing activities:    
Accrued capital expenditures $ 150 $ 104