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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from (used for) operating activities:      
Net income $ 686 $ 674 $ 624
Adjustments to reconcile net income to net cash flows from (used for) operating activities:      
Depreciation and amortization 671 657 615
Deferred tax expense (benefit) and tax credits 13 (78) (66)
Other (18) 17 (2)
Other changes in assets and liabilities:      
Accounts receivable (672) (530) (468)
Regulatory assets (108) 51 (130)
Derivative assets (61) (142) (7)
Accounts payable 78 37 (3)
Regulatory liabilities 22 (66) (113)
Derivative liabilities 70 (17) (12)
Deferred income taxes 4 193 171
Pension and other benefit obligations (97) (137) 27
DAEC PPA amendment buyout payment 0 0 (110)
Other (102) (77) (25)
Net cash flows from (used for) operating activities 486 582 501
Cash flows from (used for) investing activities:      
Utility construction and acquisition expenditures (1,392) (1,070) (1,293)
Other construction and acquisition expenditures (92) (99) (73)
Cash receipts on sold receivables 598 502 458
Other (47) (61) (43)
Net cash flows from (used for) investing activities (933) (728) (951)
Cash flows from (used for) financing activities:      
Common stock dividends (428) (403) (377)
Proceeds from issuance of common stock, net 25 28 247
Payments to redeem cumulative preferred stock of IPL 0 (200) 0
Proceeds from issuance of long-term debt 1,338 600 1,250
Payments to retire long-term debt (633) (8) (657)
Net change in commercial paper 127 126 52
Contributions from noncontrolling interest 29 0 0
Distributions to noncontrolling interest (29) 0 0
Other 2 (13) (27)
Net cash flows from (used for) financing activities 431 130 488
Net increase (decrease) in cash, cash equivalents and restricted cash (16) (16) 38
Cash, cash equivalents and restricted cash at beginning of period 40 56 18
Cash, cash equivalents and restricted cash at end of period 24 40 56
Supplemental cash flows information:      
Interest (311) (272) (274)
Income taxes, net (6) (3) 5
Significant non-cash investing and financing activities:      
Accrued capital expenditures 382 141 131
Beneficial interest obtained in exchange for securitized accounts receivable 185 214 188
IPL [Member]      
Cash flows from (used for) operating activities:      
Net income 360 365 334
Adjustments to reconcile net income to net cash flows from (used for) operating activities:      
Depreciation and amortization 381 375 356
Deferred tax expense (benefit) and tax credits (13) (14) (52)
Equity component of allowance for funds used during construction (8) (7) (17)
Other 0 11 12
Other changes in assets and liabilities:      
Accounts receivable (611) (539) (466)
Regulatory assets 56 30 (93)
Derivative assets (54) (55) (7)
Gas stored underground (20) (20) 2
Accounts payable 65 15 6
Regulatory liabilities 53 1 (20)
Derivative liabilities 42 (8) (5)
Deferred income taxes (24) 62 79
Pension and other benefit obligations (65) (59) 18
DAEC PPA amendment buyout payment 0 0 (110)
Other (79) (4) (43)
Net cash flows from (used for) operating activities 83 153 (6)
Cash flows from (used for) investing activities:      
Utility construction and acquisition expenditures (372) (384) (687)
Cash receipts on sold receivables 598 502 458
Other (11) (27) (72)
Net cash flows from (used for) investing activities 215 91 (301)
Cash flows from (used for) financing activities:      
Common stock dividends (321) (400) (236)
Capital contributions from parent 0 50 404
Payments to redeem cumulative preferred stock of IPL 0 (200) 0
Proceeds from issuance of long-term debt 0 300 400
Payments to retire long-term debt 0 0 (200)
Other 4 (10) (20)
Net cash flows from (used for) financing activities (317) (260) 348
Net increase (decrease) in cash, cash equivalents and restricted cash (19) (16) 41
Cash, cash equivalents and restricted cash at beginning of period 34 50 9
Cash, cash equivalents and restricted cash at end of period 15 34 50
Supplemental cash flows information:      
Interest (148) (138) (141)
Income taxes, net 36 47 (18)
Significant non-cash investing and financing activities:      
Accrued capital expenditures 56 57 73
Beneficial interest obtained in exchange for securitized accounts receivable 185 214 188
WPL [Member]      
Cash flows from (used for) operating activities:      
Net income 315 268 249
Adjustments to reconcile net income to net cash flows from (used for) operating activities:      
Depreciation and amortization 283 276 254
Deferred tax expense (benefit) and tax credits 4 (79) (15)
Other (15) 11 2
Other changes in assets and liabilities:      
Accounts receivable (53) 3 (1)
Regulatory assets (163) 21 (37)
Derivative assets (7) (87) 0
Regulatory liabilities (31) (67) (93)
Deferred income taxes 32 132 90
Pension and other benefit obligations (19) (63) 11
Other (47) (44) 6
Net cash flows from (used for) operating activities 299 371 466
Cash flows from (used for) investing activities:      
Utility construction and acquisition expenditures (1,020) (686) (606)
Other (13) (30) (7)
Net cash flows from (used for) investing activities (1,033) (716) (613)
Cash flows from (used for) financing activities:      
Common stock dividends (176) (168) (160)
Capital contributions from parent 530 245 25
Proceeds from issuance of long-term debt 588 300 350
Payments to retire long-term debt (250) 0 (150)
Net change in commercial paper 54 (21) 89
Contributions from noncontrolling interest 29 0 0
Distributions to noncontrolling interest (29) 0 0
Other (9) (12) (8)
Net cash flows from (used for) financing activities 737 344 146
Net increase (decrease) in cash, cash equivalents and restricted cash 3 (1) (1)
Cash, cash equivalents and restricted cash at beginning of period 2 3 4
Cash, cash equivalents and restricted cash at end of period 5 2 3
Supplemental cash flows information:      
Interest (111) (101) (102)
Income taxes, net (56) (38) 13
Significant non-cash investing and financing activities:      
Accrued capital expenditures $ 319 $ 81 $ 55