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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income $ 323 $ 351
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 333 332
Equity component of allowance for funds used during construction (32) (18)
Other 14 14
Other changes in assets and liabilities:    
Accounts receivable (186) (283)
Gas stored underground 63 17
Derivative assets 86 (183)
Regulatory assets (36) (116)
Accounts payable (84) 95
Derivative liabilities 18 86
Regulatory liabilities (116) 74
Deferred income taxes 24 34
Other (96) (103)
Net cash flows from operating activities 311 300
Cash flows from (used for) investing activities:    
Utility business construction and acquisition expenditures (758) (550)
Other construction and acquisition expenditures (62) (43)
Cash receipts on sold receivables 272 233
Proceeds from sales of partial ownership interest in West Riverside 120 0
Other (54) (10)
Net cash flows from (used for) investing activities (482) (370)
Cash flows from (used for) financing activities:    
Common stock dividends (226) (215)
Proceeds from issuance of common stock, net 76 13
Proceeds from issuance of long-term debt 862 650
Payments to retire long-term debt (404) (304)
Net change in commercial paper and other short-term borrowings (146) (116)
Contributions from noncontrolling interest 0 29
Other (1) (7)
Net cash flows from (used for) financing activities 161 50
Net increase (decrease) in cash, cash equivalents and restricted cash (10) (20)
Cash, cash equivalents and restricted cash at beginning of period 24 40
Cash, cash equivalents and restricted cash at end of period 14 20
Supplemental cash flows information:    
Interest (179) (146)
Income taxes, net 3 (4)
Significant non-cash investing and financing activities:    
Accrued capital expenditures 300 200
Beneficial interest obtained in exchange for securitized accounts receivable 175 244
IPL [Member]    
Cash flows from operating activities:    
Net income 161 173
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 191 189
Other 2 (9)
Other changes in assets and liabilities:    
Accounts receivable (216) (256)
Gas stored underground 33 12
Derivative assets 43 (123)
Regulatory assets (2) (52)
Accounts payable (32) 67
Derivative liabilities (9) 63
Regulatory liabilities (78) 53
Deferred income taxes 8 24
Other (49) (58)
Net cash flows from operating activities 52 83
Cash flows from (used for) investing activities:    
Utility business construction and acquisition expenditures (251) (172)
Cash receipts on sold receivables 272 233
Other (36) (1)
Net cash flows from (used for) investing activities (15) 60
Cash flows from (used for) financing activities:    
Common stock dividends (140) (160)
Capital contributions from parent 40 0
Net change in commercial paper and other short-term borrowings 55 0
Other 2 (4)
Net cash flows from (used for) financing activities (43) (164)
Net increase (decrease) in cash, cash equivalents and restricted cash (6) (21)
Cash, cash equivalents and restricted cash at beginning of period 15 34
Cash, cash equivalents and restricted cash at end of period 9 13
Supplemental cash flows information:    
Interest (74) (74)
Income taxes, net 25 19
Significant non-cash investing and financing activities:    
Accrued capital expenditures 95 45
Beneficial interest obtained in exchange for securitized accounts receivable 175 244
WPL [Member]    
Cash flows from operating activities:    
Net income 160 156
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 137 139
Equity component of allowance for funds used during construction (26) (14)
Other (4) 18
Other changes in assets and liabilities:    
Accounts receivable 33 (17)
Gas stored underground 31 5
Derivative assets 47 (60)
Regulatory assets (35) (65)
Accounts payable (54) 38
Derivative liabilities 27 23
Regulatory liabilities (38) 20
Other (10) (45)
Net cash flows from operating activities 268 198
Cash flows from (used for) investing activities:    
Utility business construction and acquisition expenditures (507) (378)
Proceeds from sales of partial ownership interest in West Riverside 120 0
Other (15) (6)
Net cash flows from (used for) investing activities (402) (384)
Cash flows from (used for) financing activities:    
Common stock dividends (92) (89)
Capital contributions from parent 180 265
Proceeds from issuance of long-term debt 297 0
Net change in commercial paper and other short-term borrowings (246) (14)
Contributions from noncontrolling interest 0 29
Other (7) (3)
Net cash flows from (used for) financing activities 132 188
Net increase (decrease) in cash, cash equivalents and restricted cash (2) 2
Cash, cash equivalents and restricted cash at beginning of period 5 2
Cash, cash equivalents and restricted cash at end of period 3 4
Supplemental cash flows information:    
Interest (69) (54)
Income taxes, net (42) (31)
Significant non-cash investing and financing activities:    
Accrued capital expenditures $ 196 $ 150