AMEREN ILLINOIS CO, 10-Q filed on 5/6/2022
Quarterly Report
v3.22.1
Cover Page - shares
3 Months Ended
Mar. 31, 2022
Apr. 29, 2022
Entity Information [Line Items]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Mar. 31, 2022  
Document Transition Report false  
Entity File Number 1-14756  
Entity Registrant Name Ameren Corporation  
Entity Tax Identification Number 43-1723446  
Entity Incorporation, State or Country Code MO  
Entity Address, Address Line One 1901 Chouteau Avenue  
Entity Address, City or Town St. Louis  
Entity Address, State or Province MO  
Entity Address, Postal Zip Code 63103  
City Area Code (314)  
Local Phone Number 621-3222  
Title of 12(b) Security Common Stock, $0.01 par value per share  
Trading Symbol(s) AEE  
Security Exchange Name NYSE  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Large Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Shares outstanding   258,226,506
Entity Central Index Key 0001002910  
Current Fiscal Year End Date --12-31  
Document Fiscal Year Focus 2022  
Document Fiscal Period Focus Q1  
Amendment Flag false  
Union Electric Company    
Entity Information [Line Items]    
Entity File Number 1-2967  
Entity Registrant Name Union Electric Company  
Entity Tax Identification Number 43-0559760  
Entity Incorporation, State or Country Code MO  
Entity Address, Address Line One 1901 Chouteau Avenue  
Entity Address, City or Town St. Louis  
Entity Address, State or Province MO  
Entity Address, Postal Zip Code 63103  
City Area Code (314)  
Local Phone Number 621-3222  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Non-accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Shares outstanding   102,123,834
Entity Central Index Key 0000100826  
Current Fiscal Year End Date --12-31  
Document Fiscal Year Focus 2022  
Document Fiscal Period Focus Q1  
Amendment Flag false  
Ameren Illinois Company    
Entity Information [Line Items]    
Entity File Number 1-3672  
Entity Registrant Name Ameren Illinois Company  
Entity Tax Identification Number 37-0211380  
Entity Incorporation, State or Country Code IL  
Entity Address, Address Line One 10 Executive Drive  
Entity Address, City or Town Collinsville  
Entity Address, State or Province IL  
Entity Address, Postal Zip Code 62234  
City Area Code (618)  
Local Phone Number 343-8150  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Non-accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Shares outstanding   25,452,373
Entity Central Index Key 0000018654  
Current Fiscal Year End Date --12-31  
Document Fiscal Year Focus 2022  
Document Fiscal Period Focus Q1  
Amendment Flag false  
v3.22.1
Consolidated Statement of Income (Loss) and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating Revenues:    
Total operating revenues $ 1,879 $ 1,566
Operating Expenses:    
Fuel 176 65
Purchased power 177 191
Natural gas purchased for resale 293 165
Other operations and maintenance 461 420
Depreciation and amortization 299 281
Taxes other than income taxes 142 128
Total operating expenses 1,548 1,250
Operating Income 331 316
Other Income, Net 60 46
Interest Charges 104 100
Income Before Income Taxes 287 262
Income Taxes 34 27
Net Income 253 235
Less: Net Income Attributable to Noncontrolling Interests 1 2
Net Income Attributable to Ameren Common Shareholders 252 233
Pension and other postretirement benefit plan activity, net of income taxes (benefit) 1 1
Comprehensive Income 254 236
Less: Comprehensive Income Attributable to Noncontrolling Interests 1 2
Comprehensive Income Attributable to Ameren Common Shareholders $ 253 $ 234
Earnings Per Share, Basic and Diluted [Abstract]    
Earnings per Common Share - Basic (in dollars per share) $ 0.98 $ 0.92
Earnings per Common Share - Diluted (in dollars per share) $ 0.97 $ 0.91
Weighted Average Common Shares Outstanding - Basic (in shares) 257.9 254.4
Weighted Average Number of Shares Outstanding - Diluted (in shares) 259.0 255.9
Electricity    
Operating Revenues:    
Total operating revenues $ 1,318 $ 1,156
Natural gas    
Operating Revenues:    
Total operating revenues 561 410
Union Electric Company    
Operating Revenues:    
Total operating revenues 818 704
Operating Expenses:    
Fuel 176 65
Purchased power 50 88
Natural gas purchased for resale 46 31
Other operations and maintenance 232 225
Depreciation and amortization 164 156
Taxes other than income taxes 85 77
Total operating expenses 753 642
Operating Income 65 62
Other Income, Net 23 23
Interest Charges 39 39
Income Before Income Taxes 49 46
Income Taxes (2) (2)
Net Income 51 48
Preferred Stock Dividends 1 1
Net Income (Loss) Attributable to Parent 50 47
Union Electric Company | Electricity    
Operating Revenues:    
Total operating revenues 738 641
Union Electric Company | Natural gas    
Operating Revenues:    
Total operating revenues 80 63
Ameren Illinois Company    
Operating Revenues:    
Total operating revenues 1,024 823
Operating Expenses:    
Purchased power 131 106
Natural gas purchased for resale 247 134
Other operations and maintenance 223 194
Depreciation and amortization 124 115
Taxes other than income taxes 53 46
Total operating expenses 778 595
Operating Income 246 228
Other Income, Net 24 14
Interest Charges 42 42
Income Before Income Taxes 228 200
Income Taxes 59 50
Net Income 169 150
Preferred Stock Dividends 0 1
Net Income (Loss) Attributable to Parent 169 149
Ameren Illinois Company | Electricity    
Operating Revenues:    
Total operating revenues 543 476
Ameren Illinois Company | Natural gas    
Operating Revenues:    
Total operating revenues $ 481 $ 347
v3.22.1
Consolidated Statement of Income (Loss) and Comprehensive Income (Parenthetical) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
Pension and other postretirement benefit plan activity, tax $ 0 $ 0
v3.22.1
Consolidated Balance Sheet - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 7 $ 8
Accounts receivable - trade (less allowance for doubtful accounts) 560 434
Unbilled revenue 283 301
Miscellaneous accounts receivable 87 85
Inventories 520 592
Mark-to-market derivative assets 137 66
Current regulatory assets 244 319
Current collateral assets 110 66
Other current assets 83 97
Total current assets 2,031 1,968
Property, Plant, and Equipment, Net 29,578 29,261
Investments and Other Assets:    
Nuclear decommissioning trust fund 1,094 1,159
Goodwill 411 411
Regulatory assets 1,377 1,289
Pension and other postretirement benefits 772 756
Other assets 934 891
Total investments and other assets 4,588 4,506
TOTAL ASSETS 36,197 35,735
Current Liabilities:    
Current maturities of long-term debt 505 505
Short-term debt 1,101 545
Accounts and wages payable 690 1,095
Current regulatory liabilities 219 113
Other current liabilities 630 568
Total current liabilities 3,145 2,826
Long-term Debt, Net 12,563 12,562
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes and tax credits, net 3,550 3,499
Regulatory liabilities 5,841 5,848
Asset retirement obligations 769 757
Other deferred credits and liabilities 394 414
Total deferred credits and other liabilities 10,554 10,518
Commitments and Contingencies
Shareholders’ Equity:    
Common Stock 3 3
Other paid-in capital, principally premium on common stock 6,507 6,502
Retained earnings 3,282 3,182
Accumulated other comprehensive income 14 13
Total shareholders’ equity 9,806 9,700
Noncontrolling Interests 129 129
Total equity 9,935 9,829
TOTAL LIABILITIES AND EQUITY 36,197 35,735
Union Electric Company    
Current Assets:    
Cash and cash equivalents 1 0
Accounts receivable - trade (less allowance for doubtful accounts) 190 190
Accounts receivable – affiliates 47 44
Unbilled revenue 134 142
Miscellaneous accounts receivable 57 71
Inventories 414 419
Current regulatory assets 141 127
Current collateral assets 110 66
Other current assets 86 76
Total current assets 1,180 1,135
Property, Plant, and Equipment, Net 15,434 15,296
Investments and Other Assets:    
Nuclear decommissioning trust fund 1,094 1,159
Regulatory assets 582 523
Pension and other postretirement benefits 212 208
Other assets 418 401
Total investments and other assets 2,306 2,291
TOTAL ASSETS 18,920 18,722
Current Liabilities:    
Current maturities of long-term debt 55 55
Short-term debt 528 165
Accounts and wages payable 342 631
Accounts payable – affiliates 36 46
Taxes accrued 80 34
Mark-to-market derivative liabilities 109 53
Current regulatory liabilities 101 58
Other current liabilities 159 175
Total current liabilities 1,410 1,217
Long-term Debt, Net 5,564 5,564
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes and tax credits, net 1,866 1,852
Regulatory liabilities 3,278 3,354
Asset retirement obligations 765 753
Other deferred credits and liabilities 76 71
Total deferred credits and other liabilities 5,985 6,030
Commitments and Contingencies
Shareholders’ Equity:    
Common Stock 511 511
Other paid-in capital, principally premium on common stock 2,725 2,725
Preferred stock 80 80
Retained earnings 2,645 2,595
Total shareholders’ equity 5,961 5,911
TOTAL LIABILITIES AND EQUITY 18,920 18,722
Ameren Illinois Company    
Current Assets:    
Cash and cash equivalents 0 0
Accounts receivable - trade (less allowance for doubtful accounts) 356 228
Accounts receivable – affiliates 12 24
Unbilled revenue 149 159
Miscellaneous accounts receivable 12 1
Inventories 106 173
Mark-to-market derivative assets 79 28
Current regulatory assets 93 180
Other current assets 26 30
Total current assets 833 823
Property, Plant, and Equipment, Net 12,396 12,223
Investments and Other Assets:    
Goodwill 411 411
Regulatory assets 780 752
Pension and other postretirement benefits 435 427
Other assets 436 399
Total investments and other assets 2,062 1,989
TOTAL ASSETS 15,291 15,035
Current Liabilities:    
Current maturities of long-term debt 400 400
Short-term debt 107 103
Accounts and wages payable 286 361
Accounts payable – affiliates 80 64
Current regulatory liabilities 118 54
Other current liabilities 251 251
Total current liabilities 1,242 1,233
Long-term Debt, Net 3,993 3,992
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes and tax credits, net 1,593 1,558
Regulatory liabilities 2,442 2,374
Other deferred credits and liabilities 212 238
Total deferred credits and other liabilities 4,247 4,170
Commitments and Contingencies
Shareholders’ Equity:    
Common Stock 0 0
Other paid-in capital, principally premium on common stock 2,914 2,914
Preferred stock 49 49
Retained earnings 2,846 2,677
Total shareholders’ equity 5,809 5,640
TOTAL LIABILITIES AND EQUITY $ 15,291 $ 15,035
v3.22.1
Consolidated Balance Sheet (Parenthetical) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Accounts Receivable, Allowance for Credit Loss, Current $ 28 $ 29
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 400,000,000.0 400,000,000.0
Common Stock, Shares, Outstanding 258,200,000 257,700,000
Union Electric Company    
Accounts Receivable, Allowance for Credit Loss, Current $ 11 $ 13
Common stock, par value (in dollars per share) $ 5 $ 5
Common stock, shares authorized (in shares) 150,000,000.0 150,000,000.0
Common Stock, Shares, Outstanding 102,100,000 102,100,000
Ameren Illinois Company    
Accounts Receivable, Allowance for Credit Loss, Current $ 17 $ 16
Common stock, no par value (in dollars per share) $ 0 $ 0
Common stock, shares authorized (in shares) 45,000,000.0 45,000,000.0
Common Stock, Shares, Outstanding 25,500,000 25,500,000
v3.22.1
Consolidated Statement of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash Flows From Operating Activities:    
Net income $ 253 $ 235
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 324 295
Amortization of nuclear fuel 22 0
Amortization of debt issuance costs and premium/discounts 4 5
Deferred income taxes and investment tax credits, net 31 26
Allowance for equity funds used during construction (8) (7)
Stock-based compensation costs 4 6
Other 11 8
Changes in assets and liabilities:    
Receivables (117) (5)
Inventories 72 54
Accounts and wages payable (235) (252)
Taxes accrued 47 60
Regulatory assets and liabilities 75 (421)
Assets, other (54) (9)
Liabilities, other (26) (34)
Pension and other postretirement benefits (15) 4
Net cash provided by (used in) operating activities 388 (35)
Cash Flows From Investing Activities:    
Capital expenditures (774) (887)
Nuclear fuel expenditures (16) (1)
Purchases of securities – nuclear decommissioning trust fund (97) (152)
Sales and maturities of securities – nuclear decommissioning trust fund 92 150
Other 15 1
Net cash used in investing activities (780) (889)
Cash Flows From Financing Activities:    
Dividends on common stock (152) (140)
Dividends paid to noncontrolling interest holders (1) (2)
Short-term debt, net 555 399
Issuances of long-term debt 0 450
Issuances of common stock 5 125
Redemptions of Ameren Illinois preferred stock 0 (13)
Employee payroll taxes related to stock-based compensation (16) (17)
Debt issuance costs 0 (3)
Other 0 (4)
Net cash provided by financing activities 391 795
Net change in cash, cash equivalents, and restricted cash (1) (129)
Cash, cash equivalents, and restricted cash at beginning of year 155 301
Cash, cash equivalents, and restricted cash at end of period 154 172
Union Electric Company    
Cash Flows From Operating Activities:    
Net income 51 48
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 189 171
Amortization of nuclear fuel 22 0
Amortization of debt issuance costs and premium/discounts 1 1
Deferred income taxes and investment tax credits, net 4 4
Allowance for equity funds used during construction (4) (4)
Other 0 3
Changes in assets and liabilities:    
Receivables 7 20
Inventories 5 24
Accounts and wages payable (201) (201)
Taxes accrued 41 39
Regulatory assets and liabilities (3) (164)
Assets, other (34) 13
Liabilities, other (18) (9)
Pension and other postretirement benefits (4) 4
Net cash provided by (used in) operating activities 56 (51)
Cash Flows From Investing Activities:    
Capital expenditures (414) (534)
Nuclear fuel expenditures (16) (1)
Purchases of securities – nuclear decommissioning trust fund (97) (152)
Sales and maturities of securities – nuclear decommissioning trust fund 92 150
Money pool advances, net 0 139
Other 18 0
Net cash used in investing activities (417) (398)
Cash Flows From Financing Activities:    
Dividends on preferred stock (1) (1)
Short-term debt, net 363 204
Capital contributions from parent 0 113
Net cash provided by financing activities 362 316
Net change in cash, cash equivalents, and restricted cash 1 (133)
Cash, cash equivalents, and restricted cash at beginning of year 8 145
Cash, cash equivalents, and restricted cash at end of period 9 12
Ameren Illinois Company    
Cash Flows From Operating Activities:    
Net income 169 150
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 124 115
Amortization of debt issuance costs and premium/discounts 3 3
Deferred income taxes and investment tax credits, net 27 53
Allowance for equity funds used during construction (4) (3)
Other 2 6
Changes in assets and liabilities:    
Receivables (126) (24)
Inventories 67 30
Accounts and wages payable (18) (40)
Taxes accrued 32 3
Regulatory assets and liabilities 79 (255)
Assets, other (18) (15)
Liabilities, other 13 (9)
Pension and other postretirement benefits (8) (1)
Net cash provided by (used in) operating activities 342 13
Cash Flows From Investing Activities:    
Capital expenditures (342) (337)
Net cash used in investing activities (342) (337)
Cash Flows From Financing Activities:    
Dividends on preferred stock 0 (1)
Short-term debt, net 4 323
Money pool borrowings, net 0 (19)
Capital contributions from parent 0 40
Redemption of preferred stock 0 (13)
Other 0 (4)
Net cash provided by financing activities 4 326
Net change in cash, cash equivalents, and restricted cash 4 2
Cash, cash equivalents, and restricted cash at beginning of year 133 147
Cash, cash equivalents, and restricted cash at end of period $ 137 $ 149
v3.22.1
Consolidated Statement of Stockholders' Equity - USD ($)
$ in Millions
Total
Common Stock
Other Paid-in Capital
Retained Earnings
Deferred Retirement Benefit Costs
Accumulated Other Comprehensive Income
Total Ameren Corporation Shareholders' Equity
Noncontrolling Interests
Union Electric Company
Union Electric Company
Common Stock
Union Electric Company
Other Paid-in Capital
Union Electric Company
Preferred Stock
Union Electric Company
Retained Earnings
Ameren Illinois Company
Ameren Illinois Company
Common Stock
Ameren Illinois Company
Other Paid-in Capital
Ameren Illinois Company
Preferred Stock
Ameren Illinois Company
Retained Earnings
Beginning of year at Dec. 31, 2020     $ 6,179 $ 2,757 $ (1)     $ 142     $ 2,518   $ 2,101     $ 2,652 $ 62 $ 2,252
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Settlement of forward sale agreement through common shares issuance     113                              
Shares issued under the DRPlus and 401(k) plan     12                              
Stock-based compensation activity     (9)                              
Capital contributions from parent                 $ 113   113     $ 40   40    
Net income $ 235               48       48 150       150
Net income attributable to Ameren common shareholders 233     233                            
Dividends on common stock       (140)                            
Preferred stock dividends                         (1)         (1)
Change in deferred retirement benefit costs 1       1                          
Net income attributable to noncontrolling interest holders $ (2)             2                    
Dividends paid to noncontrolling interest holders               (2)                    
Redemptions of preferred stock               (13)                 (13)  
Common stock shares outstanding at beginning of year (in shares) at Dec. 31, 2020 253,300,000                                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Shares issued under forward sale agreement (in shares) 1,600,000                                  
Shares issued under the DRPlus and 401(k) plan 100,000                                  
Shares issued for stock-based compensation (in shares) 500,000                                  
Common stock shares outstanding at end of period (in shares) at Mar. 31, 2021 255,500,000                                  
End of period at Mar. 31, 2021 $ 9,277 $ 3 6,295 2,850 0 $ 0   129   $ 511 2,631 $ 80 2,148   $ 0 2,692 49 2,401
Shareholders' equity, end of year at Mar. 31, 2021             $ 9,148   5,370         5,142        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Dividends per common share (in dollars per share) $ 0.55                                  
Beginning of year at Dec. 31, 2021 $ 9,829   6,502 3,182 13     129     2,725   2,595     2,914 49 2,677
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Settlement of forward sale agreement through common shares issuance     0                              
Shares issued under the DRPlus and 401(k) plan     13                              
Stock-based compensation activity     (8)                              
Capital contributions from parent                 0   0     0   0    
Net income 253               $ 51       51 $ 169       169
Net income attributable to Ameren common shareholders 252     252                            
Dividends on common stock       (152)                            
Preferred stock dividends                         (1)         0
Change in deferred retirement benefit costs 1       1                          
Net income attributable to noncontrolling interest holders $ (1)             1                    
Dividends paid to noncontrolling interest holders               (1)                    
Redemptions of preferred stock               0                 0  
Common stock shares outstanding at beginning of year (in shares) at Dec. 31, 2021 257,700,000               102,100,000         25,500,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Shares issued under forward sale agreement (in shares) 0                                  
Shares issued under the DRPlus and 401(k) plan 100,000                                  
Shares issued for stock-based compensation (in shares) 400,000                                  
Common stock shares outstanding at end of period (in shares) at Mar. 31, 2022 258,200,000               102,100,000         25,500,000        
End of period at Mar. 31, 2022 $ 9,935 $ 3 $ 6,507 $ 3,282 $ 14 $ 14   $ 129   $ 511 $ 2,725 $ 80 $ 2,645   $ 0 $ 2,914 $ 49 $ 2,846
Shareholders' equity, end of year at Mar. 31, 2022 $ 9,806           $ 9,806   $ 5,961         $ 5,809        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Dividends per common share (in dollars per share) $ 0.59                                  
v3.22.1
Summary Of Significant Accounting Policies
3 Months Ended
Mar. 31, 2022
Accounting Policies [Abstract]  
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
General
Ameren, headquartered in St. Louis, Missouri, is a public utility holding company whose primary assets are its equity interests in its subsidiaries. Ameren’s subsidiaries are separate, independent legal entities with separate businesses, assets, and liabilities. Dividends on Ameren’s common stock and the payment of expenses by Ameren depend on distributions made to it by its subsidiaries. Ameren’s principal subsidiaries are listed below. Ameren has other subsidiaries that conduct other activities, such as providing shared services.
Union Electric Company, doing business as Ameren Missouri, operates a rate-regulated electric generation, transmission, and distribution business and a rate-regulated natural gas distribution business in Missouri.
Ameren Illinois Company, doing business as Ameren Illinois, operates rate-regulated electric transmission, electric distribution, and natural gas distribution businesses in Illinois.
ATXI operates a FERC rate-regulated electric transmission business in the MISO.
The COVID-19 pandemic continues to affect our results of operations, financial position, and liquidity. While our electric sales volumes, excluding the estimated effects of weather and customer energy-efficiency programs, were comparable to the same period in 2021, and total sales volume levels were comparable to pre-pandemic levels, there has been a shift in sales volumes by customer class, which began in 2020, with an increase in residential sales, and a decrease in commercial and industrial sales. While the revenues from Ameren Illinois’ electric distribution business, residential and small nonresidential customers of Ameren Illinois’ natural gas distribution business, and Ameren Illinois’ and ATXI’s electric transmission businesses are decoupled from changes in sales volumes, earnings at Ameren Missouri and those associated with Ameren Illinois’ large nonresidential natural gas customers are exposed to such changes. The continued effect of the COVID-19 pandemic on our results of operations, financial position, and liquidity in subsequent periods will depend on its severity and longevity, future regulatory or legislative actions with respect thereto, and the resulting impact on business, economic, and capital market conditions.
Ameren’s and Ameren Missouri’s financial statements are prepared on a consolidated basis and therefore include the accounts of their majority-owned subsidiaries. All intercompany transactions have been eliminated. Ameren Missouri’s subsidiaries were created for the ownership of renewable generation projects. Ameren Illinois has no subsidiaries. All tabular dollar amounts are in millions, unless otherwise indicated.
Our accounting policies conform to GAAP. Our financial statements reflect all adjustments (which include normal, recurring adjustments) that are necessary, in our opinion, for a fair presentation of our results. The preparation of financial statements in conformity with GAAP requires management to make certain estimates and assumptions. Such estimates and assumptions affect reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the dates of financial statements, and reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. The results of operations for an interim period may not give a true indication of results that may be expected for a full year. These financial statements should be read in conjunction with the financial statements and accompanying notes included in the Form 10-K.
Variable Interest Entities
As of March 31, 2022, and December 31, 2021, Ameren had unconsolidated variable interests as a limited partner in various equity method investments, primarily to advance clean and resilient energy technologies, totaling $60 million and $56 million, respectively, included in “Other assets” on Ameren’s consolidated balance sheet. Any earnings or losses related to these investments are included in “Other Income, Net” on Ameren’s consolidated statement of income and comprehensive income. Ameren is not the primary beneficiary of these investments because it does not have the power to direct matters that most significantly affect the activities of these variable interest entities. As of March 31, 2022, the maximum exposure to loss related to these variable interests is limited to the investment in these partnerships of $60 million plus associated outstanding funding commitments of $28 million.
Company-owned Life Insurance
Ameren and Ameren Illinois have company-owned life insurance, which is recorded at the net cash surrender value. The net cash
surrender value is the amount that can be realized under the insurance policies at the balance sheet date. As of March 31, 2022, the cash surrender value of company-owned life insurance at Ameren and Ameren Illinois was $258 million (December 31, 2021 – $278 million) and $112 million (December 31, 2021 – $117 million), respectively, while total borrowings against the policies were $103 million (December 31, 2021 – $109 million) at both Ameren and Ameren Illinois. Ameren and Ameren Illinois have the right to offset the borrowings against the cash surrender value of the policies and, consequently, present the net asset in “Other assets” on their respective balance sheets. The net cash surrender value of Ameren’s company-owned life insurance is affected by the investment performance of a separate account in which Ameren holds a beneficial interest.
v3.22.1
Rate And Regulatory Matters
3 Months Ended
Mar. 31, 2022
Public Utilities, General Disclosures [Abstract]  
RATE AND REGULATORY MATTERS RATE AND REGULATORY MATTERS
Below is a summary of updates to significant regulatory proceedings and related legal proceedings. See Note 2 – Rate and Regulatory Matters under Part II, Item 8, of the Form 10-K for additional information and a summary of our regulatory frameworks. We are unable to predict the ultimate outcome of these matters, the timing of final decisions of the various agencies and courts, or the impact on our results of operations, financial position, or liquidity.
Missouri
December 2021 MoPSC Electric and Natural Gas Rate Orders
In December 2021, the MoPSC issued orders in Ameren Missouri’s 2021 electric service and natural gas delivery service regulatory rate reviews. The new electric and natural gas rates approved by these orders went into effect on February 28, 2022.
MoPSC Staff Review of Planned Rush Island Energy Center Retirement
In February 2022, the MoPSC issued an order directing the MoPSC staff to review Ameren Missouri’s planned accelerated retirement of the Rush Island Energy Center as a result of the NSR and Clean Air Act Litigation discussed in Note 9 – Commitments and Contingencies. The MoPSC staff’s review will include potential impacts on the reliability and cost of Ameren Missouri’s service to its customers, Ameren Missouri’s plans to mitigate the customer impacts of the accelerated retirement, and the prudence of Ameren Missouri’s actions and decisions with regard to the Rush Island Energy Center, among other things. In April 2022, the MoPSC staff filed an initial report with the MoPSC in which the staff concluded early retirement of the Rush Island Energy Center may cause reliability concerns. The MoPSC staff is under no deadline to complete this review. Ameren Missouri is unable to predict the results of this matter; however, results of the review could be used in other MoPSC proceedings, which could have a material adverse effect on the results of operations, financial position, and liquidity of Ameren and Ameren Missouri.
Illinois
MYRP ROE Performance Metrics
Under an MYRP, the ROE approved by the ICC would be subject to annual adjustments during the four-year period based on certain performance metrics, with aggregate symmetrical performance-based ROE incentives and penalties ranging from 20 to 60 basis points annually. In January 2022, Ameren Illinois filed a request with the ICC proposing performance metrics that would be used in determining ROE incentives and penalties. The ICC is required to issue an order on this matter by September 30, 2022.
Electric Distribution Service Rates Under IEIMA
In April 2022, Ameren Illinois filed its annual electric distribution service performance-based formula rate update with the ICC to be used for 2023 rates, requesting an increase of $83 million. This update reflects an increase to the annual performance-based formula rate based on 2021 actual recoverable costs and expected net plant additions for 2022, an increase to include the 2021 revenue requirement reconciliation adjustment including a capital structure composed of 54% common equity, and a decrease for the conclusion of the 2020 revenue requirement reconciliation adjustment, which will be fully collected from customers in 2022, consistent with the ICC’s December 2021 annual update filing order. An ICC decision in this proceeding is required by December 2022, with new rates effective in January 2023.
Electric Customer Energy-Efficiency Investments
In April 2022, Ameren Illinois filed a revised energy-efficiency plan with the ICC to invest approximately $120 million per year in electric energy-efficiency programs through 2025, which reflects the increased level of annual investments allowed under the IETL. The ICC has the ability to reduce the amount of electric energy-efficiency savings goals in future plan program years if there are insufficient cost-effective programs available, which could reduce the investments in electric energy-efficiency programs. The electric energy-efficiency program investments and the return on those investments are collected from customers through a rider and are not recovered through the electric distribution service performance-based formula ratemaking framework. The ICC is under no deadline to issue an order in this proceeding.
QIP Reconciliation Hearing
In March 2020, Ameren Illinois filed a request with the ICC for a reconciliation hearing to determine the accuracy and prudence of natural gas capital investments recovered under the QIP rider during 2019. In August 2021, the Illinois Attorney General’s office challenged the recovery of capital investments that were made during 2019, alleging that the ICC should disallow approximately $70 million in natural gas capital investments as improper and imprudent, providing a potential over-recovery of approximately $3 million in 2019. In August and December 2021, the ICC staff filed testimony that supports the prudence and reasonableness of the capital investments made during 2019. Ameren Illinois’ 2019 QIP rate recovery request under review by the ICC is within the rate increase limitations allowed by law. The ICC is under no deadline to issue an order in this proceeding.
Federal
Transmission Formula Rate Revisions
In February 2020, the MISO, on behalf of Ameren Missouri, Ameren Illinois, and ATXI, filed requests with the FERC to revise each company’s transmission formula rate calculations with respect to the calculation used for materials and supplies inventories included in rate base. In May 2020, the FERC issued orders approving the revisions prospectively. In addition, the FERC declined to order refunds for earlier periods, as requested by intervenors in Ameren Illinois’ filing, but directed its audit staff to review historical rate recovery in connection with an ongoing FERC audit. Separately, in March 2021, the FERC issued an order related to an intervenor challenge to Ameren Illinois’ 2020 transmission formula rate update. As a result of this order, in March 2021, Ameren Illinois recorded a regulatory liability of $9 million, largely as a reduction of electric operating revenues, to reflect expected refunds, including interest, primarily related to the historical rate recovery of materials and supplies inventories included in rate base. The refund amount was reflected in rates as of January 2022 and will be refunded to customers by the end of 2022. Ameren Missouri, Ameren Illinois, and ATXI filed appeals of the FERC's May 2020 and March 2021 orders, and related FERC orders denying requests for rehearing, to the United States Court of Appeals for the District of Columbia Circuit. In January 2022, the appeals were consolidated by the court. The court is under no deadline to address the appeal. Regardless of the outcome of the appeal, the impact of the May 2020 and March 2021 orders is not expected to be material to Ameren’s, Ameren Missouri’s, or Ameren Illinois’ results of operations, financial position, or liquidity.
FERC Complaint Cases
Since November 2013, the allowed base ROE for FERC-regulated transmission rate base under the MISO tariff has been subject to customer complaint cases and has been changed by various FERC orders. In May 2020, the FERC issued an order, which set the allowed base ROE to 10.02%, and required refunds, with interest, for the periods November 2013 to February 2015 and from late September 2016 forward. In June 2020, various parties filed requests for rehearing with the FERC, challenging the new ROE methodology established by the May 2020 order. In July 2020, the FERC denied the rehearing requests without addressing the issues raised, and indicated it will address the requests for rehearing in a future order. Also in July 2020, Ameren Missouri, Ameren Illinois, and ATXI filed an appeal of the May 2020 order to the United States Court of Appeals for the District of Columbia Circuit challenging the refunds required for the period from September 2016 to May 2020. The court is under no deadline to address the appeal.
As of March 31, 2022, Ameren and Ameren Illinois had paid the refunds, including interest, associated with the allowed base ROE set by the May 2020 order.
v3.22.1
Short-Term Debt And Liquidity
3 Months Ended
Mar. 31, 2022
Debt Disclosure [Abstract]  
SHORT-TERM DEBT AND LIQUIDITY SHORT-TERM DEBT AND LIQUIDITY
The liquidity needs of the Ameren Companies are typically supported through the use of available cash, drawings under committed credit agreements, commercial paper issuances, and, in the case of Ameren Missouri and Ameren Illinois, short-term affiliate borrowings. See Note 4 – Short-term Debt and Liquidity under Part II, Item 8, in the Form 10-K for a description of our indebtedness provisions and other covenants as well as a description of money pool arrangements.
Short-term Borrowings
The Missouri Credit Agreement and the Illinois Credit Agreement are available to support issuances under Ameren (parent)’s, Ameren Missouri’s, and Ameren Illinois’ commercial paper programs, respectively, subject to borrowing sublimits, and the issuance of letters of credit. As of March 31, 2022, based on commercial paper outstanding and letters of credit issued under the Credit Agreements, along with cash and cash equivalents, the net liquidity available to Ameren (parent), Ameren Missouri, and Ameren Illinois, collectively, was $1.2 billion. The Ameren Companies were in compliance with the covenants in their Credit Agreements as of March 31, 2022. As of March 31, 2022, the ratios of consolidated indebtedness to consolidated total capitalization, calculated in accordance with the provisions of the Credit Agreements, were 59%, 50%, and 44% for Ameren, Ameren Missouri, and Ameren Illinois, respectively.
The following table presents commercial paper outstanding, net of issuance discounts, as of March 31, 2022, and December 31, 2021. There were no borrowings outstanding under the Credit Agreements as of March 31, 2022, or December 31, 2021.
March 31, 2022December 31, 2021
Ameren (parent)$466 $277 
Ameren Missouri528 165 
Ameren Illinois107 103 
Ameren consolidated$1,101 $545 
The following table summarizes the activity and relevant interest rates for Ameren (parent)’s, Ameren Missouri’s, and Ameren Illinois’ commercial paper issuances and borrowings under the Credit Agreements in the aggregate for the three months ended March 31, 2022 and 2021:
Ameren
(parent)
Ameren
Missouri
Ameren
Illinois
Ameren
Consolidated
2022
Average daily amount outstanding$282 $408 $99 $789 
Weighted-average interest rate0.41 %0.44 %0.33 %0.41 %
Peak amount outstanding during period(a)
$466 $539 $142 $1,101 
Peak interest rate1.05 %1.06 %1.15 %1.15 %
2021
Average daily amount outstanding$454 $99 $96 $649 
Weighted-average interest rate0.25 %0.22 %0.21 %0.24 %
Peak amount outstanding during period(a)
$650 $206 $353 $916 
Peak interest rate0.33 %0.25 %0.25 %0.33 %
(a)The timing of peak outstanding commercial paper issuances and borrowings under the Credit Agreements varies by company. Therefore, the sum of individual company peak amounts may not equal the Ameren consolidated peak for the period.
Money Pools
Ameren has money pool agreements with and among its subsidiaries to coordinate and provide for certain short-term cash and working capital requirements. The average interest rate for borrowings under the utility money pool for the three months ended March 31, 2022, was 0.39% (2021 – 0.22% ). See Note 8 – Related-party Transactions for the amount of interest income and expense from the utility money pool arrangements recorded by Ameren Missouri and Ameren Illinois for the three months ended March 31, 2022 and 2021.
v3.22.1
Long-Term Debt And Equity Financings
3 Months Ended
Mar. 31, 2022
Long-Term Debt And Equity Financings [Abstract]  
LONG-TERM DEBT AND EQUITY FINANCINGS LONG-TERM DEBT AND EQUITY FINANCINGS
Ameren
For the three months ended March 31, 2022, Ameren issued a total of 0.1 million shares of common stock under its DRPlus and 401(k) plan, and received proceeds of $5 million and had a receivable of $8 million. In addition, in the first quarter of 2022, Ameren issued 0.4 million shares of common stock valued at $31 million upon the settlement of stock-based compensation awards.
In May 2021, Ameren entered into an equity distribution sales agreement pursuant to which Ameren may offer and sell from time to time up to $750 million of its common stock through an ATM program, which includes the ability to enter into forward sales agreements. There were no shares issued under the ATM program for the three months ended March 31, 2022. As of March 31, 2022, Ameren had approximately $320 million of common stock available to issue under the ATM program, which takes into account the forward sale agreements in effect as of March 31, 2022, discussed below.
Ameren has entered into multiple forward sale agreements, including the April 2022 forward sale agreement discussed below, under the ATM program with various counterparties relating to 3.4 million shares of common stock. Ameren expects to settle the forward sale agreements by December 31, 2022.
Related to the forward sale agreements outstanding as of March 31, 2022, these agreements can be settled at Ameren’s discretion on or prior to dates ranging from May 3, 2023 to September 30, 2023. On a settlement date or dates, if Ameren elects to physically settle the forward sale agreement, Ameren will issue shares of common stock to the counterparties at the then-applicable forward sale price. The initial forward sale price for the agreements ranged from $86.35 to $88.81 with a weighted average initial sale price of $87.61. Each initial forward sale price is subject to adjustment based on a floating interest rate factor equal to the overnight bank funding rate less a spread of 75 basis points, and will be subject to decrease on certain dates specified in the forward sale agreements by specified amounts related to expected dividends on shares of the common stock during the term of the forward sale agreements. If the overnight bank funding rate is less than the spread on any day, the interest rate factor will result in a reduction of the forward sale price. The forward sale agreements will be physically
settled unless Ameren elects to settle in cash or to net share settle. At March 31, 2022, Ameren could have settled the forward sale agreements with physical delivery of 3.2 million shares of common stock to the respective counterparties in exchange for cash of $276 million. The forward sale agreements could have also been settled at March 31, 2022, with delivery of approximately $21 million of cash or approximately 0.2 million shares of common stock to the counterparties. In connection to the forward sale agreements, the various counterparties, or their affiliates, borrowed from third parties and sold 3.2 million shares of common stock. The gross sales price of these shares totaled $280 million. In connection with such sales, the counterparties were deemed to have received commissions of $3 million. Ameren has not received any proceeds from such sales of borrowed shares. The forward sale agreements have been classified as equity transactions.
In April 2022, Ameren entered into a forward sale agreement under the ATM program relating to 0.2 million shares of common stock. The April 2022 forward sale can be settled at Ameren’s discretion on or prior to September 30, 2023. The forward sale price was initially $91.41 for the April 2022 forward sale agreement.
Ameren Missouri
In April 2022, Ameren Missouri issued $525 million of 3.90% first mortgage bonds due April 2052, with interest payable semiannually on April 1 and October 1 of each year, beginning October 1, 2022. Ameren Missouri received net proceeds of $519 million, which were used to repay short-term debt and for near-term capital expenditures. Ameren Missouri intends to allocate an amount equal to the net proceeds to sustainability projects meeting certain eligibility criteria.
ATXI
In November 2021, pursuant to a note purchase agreement, ATXI agreed to issue $95 million of its 2.96% senior unsecured notes due 2052, with interest payable semiannually on February 25 and August 25 of each year, beginning February 25, 2023, through a private placement offering exempt from registration under the Securities Act of 1933, as amended. ATXI expects to issue the notes and receive net proceeds of $95 million in August 2022, which will be used to refinance the remaining portion of an intercompany long-term note with Ameren (parent), repay a $50 million principal payment of its 3.43% senior unsecured notes, and to repay short-term debt.
Indenture Provisions and Other Covenants
See Note 5 – Long-term Debt and Equity Financings under Part II, Item 8, in the Form 10-K for a description of our indenture provisions and other covenants, as well as restrictions on the payment of dividends. At March 31, 2022, the Ameren Companies were in compliance with the provisions and covenants contained in their indentures and articles of incorporation, as applicable, and ATXI was in compliance with the provisions and covenants contained in its note purchase agreements.
Off-balance-sheet Arrangements
At March 31, 2022, none of the Ameren Companies had any significant off-balance-sheet financing arrangements, other than variable interest entities and the multiple forward sale agreements under the ATM program relating to common stock. See Note 1 – Summary of Significant Accounting Policies for further detail concerning variable interest entities.
v3.22.1
Other Income, Net
3 Months Ended
Mar. 31, 2022
Other Nonoperating Income (Expense) [Abstract]  
OTHER INCOME, NET OTHER INCOME, NET
The following table presents the components of “Other Income, Net” in the Ameren Companies’ statements of income for the three months ended March 31, 2022 and 2021:
Three Months
20222021
Ameren:
Allowance for equity funds used during construction
$8 $
Interest income on industrial development revenue bonds
6 
Non-service cost components of net periodic benefit income(a)
46 34 
Miscellaneous income
7 
Donations
(2)(3)
Miscellaneous expense
(5)(3)
Total Other Income, Net$60 $46 
Ameren Missouri:
Allowance for equity funds used during construction
$4 $
Interest income on industrial development revenue bonds
6 
Non-service cost components of net periodic benefit income(a)
14 14 
Miscellaneous income
2 
Donations
(1)— 
Miscellaneous expense
(2)(2)
Total Other Income, Net$23 $23 
Ameren Illinois:
Allowance for equity funds used during construction
$4 $
Non-service cost components of net periodic benefit income
21 14 
Miscellaneous income
2 
Donations
(1)(3)
Miscellaneous expense(2)(1)
Total Other Income, Net$24 $14 
(a)For the three months ended March 31, 2022 and 2021, the non-service cost components of net periodic benefit income were adjusted by amounts deferred of $6 million and less than $(1) million, respectively, due to a regulatory tracking mechanism for the difference between the level of such costs incurred by Ameren Missouri under GAAP and the level of such costs included in rates.
v3.22.1
Derivative Financial Instruments
3 Months Ended
Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
DERIVATIVE FINANCIAL INSTRUMENTS DERIVATIVE FINANCIAL INSTRUMENTS
We use derivatives to manage the risk of changes in market prices for natural gas, power, and uranium, as well as the risk of changes in rail transportation surcharges through fuel oil hedges. Such price fluctuations may cause the following:
an unrealized appreciation or depreciation of our contracted commitments to purchase or sell when purchase or sale prices under the commitments are compared with current commodity prices;
market values of natural gas and uranium inventories that differ from the cost of those commodities in inventory;
actual cash outlays for the purchase of these commodities that differ from anticipated cash outlays; and
actual off-system sales revenues that differ from anticipated revenues.
The derivatives that we use to hedge these risks are governed by our risk management policies for forward contracts, futures, options, and swaps. Our net positions are continually assessed within our structured hedging programs to determine whether new or offsetting transactions are required. The goal of the hedging program is generally to mitigate financial risks while ensuring that sufficient volumes are available to meet our requirements. Contracts we enter into as part of our risk management program may be settled financially, settled by physical delivery, or net settled with the counterparty.
All contracts considered to be derivative instruments are required to be recorded on the balance sheet at their fair values, unless the NPNS exception applies. Many of our physical contracts, such as our purchased power contracts, qualify for the NPNS exception to derivative accounting rules. The revenue or expense on NPNS contracts is recognized at the contract price upon physical delivery. The following disclosures exclude NPNS contracts and other non-derivative commodity contracts that are accounted for under the accrual method of accounting.
If we determine that a contract meets the definition of a derivative and is not eligible for the NPNS exception, we review the contract to determine whether the resulting gains or losses qualify for regulatory deferral. Derivative contracts that qualify for regulatory deferral are recorded at fair value, with changes in fair value recorded as regulatory assets or liabilities in the period in which the change occurs. We
believe derivative losses and gains deferred as regulatory assets and liabilities are probable of recovery, or refund, through future rates charged to customers. Regulatory assets and liabilities are amortized to operating income as related losses and gains are reflected in rates charged to customers. Therefore, gains and losses on these derivatives have no effect on operating income. As of March 31, 2022, and December 31, 2021, all contracts that met the definition of a derivative and were not eligible for the NPNS exception received regulatory deferral. Cash flows for all derivative financial instruments are classified in cash flows from operating activities.
The following table presents open gross commodity contract volumes by commodity type for derivative assets and liabilities as of March 31, 2022, and December 31, 2021. As of March 31, 2022, these contracts extended through October 2024, October 2027, May 2032 and March 2024 for fuel oils, natural gas, power and uranium, respectively.
Quantity (in millions)
March 31, 2022December 31, 2021
CommodityAmeren MissouriAmeren IllinoisAmerenAmeren MissouriAmeren IllinoisAmeren
Fuel oils (in gallons)25  25 30 — 30 
Natural gas (in mmbtu)36 146 182 35 144 179 
Power (in MWhs)4 6 10 12 
Uranium (pounds in thousands)496  496 586 — 586 
The following table presents the carrying value and balance sheet location of all derivative commodity contracts, none of which were designated as hedging instruments, as of March 31, 2022, and December 31, 2021:
March 31, 2022December 31, 2021
Balance Sheet LocationAmeren
Missouri
Ameren
Illinois
AmerenAmeren
Missouri
Ameren
Illinois
Ameren
Fuel oilsMark-to-market derivative assets$(a)$ $18 $(a)$— $
Other current assets18   — — 
Other assets8  8 — 
Natural gasMark-to-market derivative assets(a)74 90 (a)28 35 
Other current assets16   — — 
Other assets10 23 33 13 18 
PowerMark-to-market derivative assets(a)5 24 (a)— 23 
Other current assets19   23 — — 
Other assets   — — — 
UraniumMark-to-market derivative assets(a) 5 (a)— — 
Other current assets5   — — — 
Other assets2  2 — 
Total assets$78 $102 $180 $49 $41 $90 
Natural gasMark-to-market derivative liabilities (a)(a)(a)(a)
Other current liabilities 2 2 — 
Other deferred credits and liabilities1 1 2 
PowerMark-to-market derivative liabilities109 (a)(a)50 (a)(a)
Other current liabilities 1 110 — 59 
Other deferred credits and liabilities26 78 104 23 108 131 
UraniumMark-to-market derivative liabilities (a)(a)(a)(a)
Other current liabilities   — — 
Total liabilities$136 $82 $218 $77 $125 $202 
(a)Balance sheet line item not applicable to registrant.
We believe that entering into master netting arrangements or similar agreements mitigates the level of financial loss that could result from default by allowing net settlement of derivative assets and liabilities. These master netting arrangements allow the counterparties to net settle sale and purchase transactions. Further, collateral requirements are calculated at the master netting arrangement or similar agreement level by counterparty.
The following table provides the recognized gross derivative balances and the net amounts of those derivatives subject to an enforceable master netting arrangement or similar agreement as of March 31, 2022, and December 31, 2021.
Gross Amounts Not Offset in the Balance Sheet
Commodity Contracts Eligible to be OffsetGross Amounts Recognized in the Balance SheetDerivative Instruments
Cash Collateral Received/Posted(a)
Net
Amount
2022
Assets:
Ameren Missouri$78 $19 $5 $54 
Ameren Illinois102 6 9 87 
Ameren$180 $25 $14 $141 
Liabilities:
Ameren Missouri$136 $19 $92 $25 
Ameren Illinois82 6  76 
Ameren$218 $25 $92 $101 
2021
Assets:
Ameren Missouri$49 $15 $— $34 
Ameren Illinois41 — 37 
Ameren$90 $19 $— $71 
Liabilities:
Ameren Missouri$77 $15 $47 $15 
Ameren Illinois125 — 121 
Ameren$202 $19 $47 $136 
(a)Cash collateral received reduces gross asset balances and is included in “Other current liabilities” and “Other deferred credits and liabilities” on the balance sheet. Cash collateral posted reduces gross liability balances and is included in “Other current assets” and “Other assets” on the balance sheet.
Credit Risk
In determining our concentrations of credit risk related to derivative instruments, we review our individual counterparties and categorize each counterparty into groupings according to the primary business in which each engages. As of March 31, 2022, if counterparty groups were to fail completely to perform on contracts, Ameren, Ameren Missouri, and Ameren Illinois' maximum exposure related to derivative assets, predominantly from financial institutions, was $176 million, $79 million, and $97 million, respectively. The potential loss on counterparty exposures may be reduced or eliminated by the application of master netting arrangements or similar agreements and collateral held. As of March 31, 2022, the potential loss after consideration of the application of master netting arrangements or similar agreements and collateral held for Ameren, Ameren Missouri, and Ameren Illinois was $144 million, $56 million, and $88 million, respectively.
Certain of our derivative instruments contain collateral provisions tied to the Ameren Companies’ credit ratings. If our credit ratings were downgraded below investment grade, or if a counterparty with reasonable grounds for uncertainty regarding our ability to satisfy an obligation requested adequate assurance of performance, additional collateral postings might be required. The additional collateral required is the net liability position allowed under master netting arrangements or similar agreements, assuming (1) the credit risk-related contingent features underlying these arrangements were triggered and (2) those counterparties with rights to do so requested collateral. The following table presents, as of March 31, 2022, the aggregate fair value of all derivative instruments with credit risk-related contingent features in a gross liability position, the cash collateral posted, and the aggregate amount of additional collateral that counterparties could require.
Aggregate Fair Value of
Derivative Liabilities(a)
Cash
Collateral Posted
Potential Aggregate Amount of
Additional Collateral Required(b)
Ameren Missouri$36 $18 $
Ameren Illinois— 
Ameren$40 $18 $11 
(a)Before consideration of master netting arrangements or similar agreements.
(b)As collateral requirements with certain counterparties are based on master netting arrangements or similar agreements, the aggregate amount of additional collateral required to be posted is determined after consideration of the effects of such arrangements.
v3.22.1
Fair Value Measurements
3 Months Ended
Mar. 31, 2022
Fair Value Disclosures [Abstract]  
Fair Value Disclosures FAIR VALUE MEASUREMENTS
Fair value is defined as the price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Fair value measurements are classified in three levels based on the fair value hierarchy as defined by GAAP. See Note 8 – Fair Value Measurements under Part II, Item 8, of the Form 10-K for information related to hierarchy levels and valuation techniques.
We consider nonperformance risk in our valuation of derivative instruments by analyzing our own credit standing and the credit standing of our counterparties, and by considering any credit enhancements (e.g., collateral). Included in our valuation, and based on current market conditions, is a valuation adjustment for counterparty default derived from market data such as the price of credit default swaps, bond yields, and credit ratings. No material gains or losses related to valuation adjustments for counterparty default risk were recorded at Ameren, Ameren Missouri, or Ameren Illinois in the three months ended March 31, 2022 or 2021. At March 31, 2022, and December 31, 2021, the counterparty default risk valuation adjustment related to derivative contracts was immaterial for Ameren, Ameren Missouri, and Ameren Illinois.
The following table sets forth, by level within the fair value hierarchy, our assets and liabilities measured at fair value on a recurring basis as of March 31, 2022, and December 31, 2021:
March 31, 2022December 31, 2021
Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Assets:
Ameren Missouri
Derivative assets – commodity contracts:
Fuel oils$24 $ $2 $26 $13 $— $— $13 
Natural gas 26  26 — 12 — 12 
Power18  1 19 10 — 13 23 
Uranium  7 7 — — 
Total derivative assets – commodity contracts$42 $26 $10 $78 $23 $12 $14 $49 
Nuclear decommissioning trust fund:
Equity securities:
U.S. large capitalization$719 $ $ $719 $824 $— $— $824 
Debt securities:
U.S. Treasury and agency securities 174  174 — 141 — 141 
Corporate bonds 133  133 — 131 — 131 
Other 61  61 — 56 — 56 
Total nuclear decommissioning trust fund$719 $368 $ $1,087 
(a)
$824 $328 $— $1,152 
(a)
Total Ameren Missouri$761 $394 $10 $1,165 $847 $340 $14 $1,201 
Ameren Illinois
Derivative assets – commodity contracts:
Natural gas$7 $77 $13 $97 $$33 $$41 
Power  5 5 — — — — 
Total Ameren Illinois$7 $77 $18 $102 $$33 $$41 
Ameren
Derivative assets – commodity contracts(b)
$49 $103 $28 $180 $24 $45 $21 $90 
Nuclear decommissioning trust fund(c)
719 368  1,087 
(a)
824 328 — 1,152 
(a)
Total Ameren$768 $471 $28 $1,267 $848 $373 $21 $1,242 
Liabilities:
Ameren Missouri
Derivative liabilities – commodity contracts:
Natural gas$ $1 $ $1 $— $$$
Power81  54 135 45 — 28 73 
Uranium    — — 
Total Ameren Missouri$81 $1 $54 $136 $45 $$30 $77 
March 31, 2022December 31, 2021
Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Ameren Illinois
Derivative liabilities – commodity contracts:
Natural gas$ $1 $2 $3 $— $$$
Power  79 79 — — 117 117 
Total Ameren Illinois$ $1 $81 $82 $— $$120 $125 
Ameren
Derivative liabilities – commodity contracts(b)
$81 $2 $135 $218 $45 $$150 $202 
(a)Balance excludes $7 million of cash and cash equivalents, receivables, payables, and accrued income, net, for both March 31, 2022, and December 31, 2021.
(b)See the Ameren Missouri and Ameren Illinois sections of the table for a breakout of the fair value of Ameren’s derivative assets and liabilities by type of commodity.
(c)See the Ameren Missouri section of the table for a breakout of the fair value of Ameren's nuclear decommissioning trust fund by investment type.
Level 3 fuel oils, natural gas, and uranium derivative contract assets and liabilities measured at fair value on a recurring basis were immaterial for all periods presented. The following table presents the fair value reconciliation of Level 3 power derivative contract assets and liabilities measured at fair value on a recurring basis for the three months ended March 31, 2022 and 2021:
20222021
Ameren MissouriAmeren IllinoisAmerenAmeren MissouriAmeren IllinoisAmeren
For the three months ended March 31:
Beginning balance at January 1$(15)$(117)$(132)$$(198)$(196)
Realized and unrealized gains/(losses) included in regulatory assets/liabilities(41)42 1 (5)
Settlements3 1 4 — 
Ending balance at March 31
$(53)$(74)$(127)$(3)$(185)$(188)
Change in unrealized gains/(losses) related to assets/liabilities held at March 31
$(38)$42 $4 $(3)$$
All gains or losses related to our Level 3 derivative commodity contracts are expected to be recovered or returned through customer rates; therefore, there is no impact to either net income or other comprehensive income resulting from changes in the fair value of these instruments.
The following table describes the valuation techniques and significant unobservable inputs utilized for the fair value of our Level 3 power derivative contract assets and liabilities as of March 31, 2022, and December 31, 2021:
Fair Value
Weighted Average(b)
CommodityAssetsLiabilitiesValuation Technique(s)
Unobservable Input(a)
Range
2022
Power(c)
$6$(133)Discounted cash flow
Average forward peak and off-peak pricing  forwards/swaps ($/MWh)
35 – 82
51
Nodal basis ($/MWh)
(16) – 0
(3)
Trend rate (%)(e)(1)
2021
Power(d)
$13$(145)Discounted cash flowAverage forward peak and off-peak pricing – forwards/swaps ($/MWh)
32 – 55
40
Nodal basis ($/MWh)
(14) – 0
(2)
Trend rate (%)(e)0
(a)Generally, significant increases (decreases) in these inputs in isolation would result in a significantly higher (lower) fair value measurement.
(b)Unobservable inputs were weighted by relative fair value.
(c)Valuations through 2031 use visible forward prices adjusted for nodal-to-hub basis differentials. Valuations beyond 2031 use a trend rate factor and are similarly adjusted for nodal-to-hub basis differentials.
(d)Valuations through 2029 use visible forward prices adjusted for nodal-to-hub basis differentials. Valuations beyond 2029 use a trend rate factor and are similarly adjusted for nodal-to-hub basis differentials.
(e)No meaningful range around weighted average.
The following table sets forth the carrying amount and, by level within the fair value hierarchy, the fair value of financial assets and liabilities disclosed, but not recorded, at fair value as of March 31, 2022, and December 31, 2021:
Carrying
Amount
Fair Value
Level 1Level 2Level 3Total
March 31, 2022
Ameren:
Cash, cash equivalents, and restricted cash$154 $154 $ $ $154 
Investments in industrial development revenue bonds(a)
248  248  248 
Short-term debt1,101  1,101  1,101 
Long-term debt (including current portion)(a)
13,068 
(b)
 12,615 526 
(c)
13,141 
Ameren Missouri:
Cash, cash equivalents, and restricted cash$9 $9 $ $ $9 
Investments in industrial development revenue bonds(a)
248  248  248 
Short-term debt528  528  528 
Long-term debt (including current portion)(a)
5,619 
(b)
 5,701  5,701 
Ameren Illinois:
Cash, cash equivalents, and restricted cash$137 $137 $ $ $137 
Short-term debt107  107  107 
Long-term debt (including current portion)4,393 
(b)
 4,457  4,457 
December 31, 2021
Ameren:
Cash, cash equivalents, and restricted cash$155 $155 $— $— $155 
Investments in industrial development revenue bonds(a)
248 — 248 — 248 
Short-term debt545 — 545 — 545 
Long-term debt (including current portion)(a)
13,067 
(b)
— 13,930 591 
(c)
14,521 
Ameren Missouri:
Cash, cash equivalents, and restricted cash$$$— $— $
Investments in industrial development revenue bonds(a)
248 — 248 — 248 
Short-term debt165 — 165 — 165 
Long-term debt (including current portion)(a)
5,619 
(b)
— 6,321 — 6,321 
Ameren Illinois:
Cash, cash equivalents, and restricted cash$133 $133 $— $— $133 
Short-term debt103 — 103 — 103 
Long-term debt (including current portion)4,392 
(b)
— 4,971 — 4,971 
(a)Ameren and Ameren Missouri have investments in industrial development revenue bonds, classified as held-to-maturity and recorded in “Other Assets,” that are equal to the finance obligations for the Peno Creek and Audrain CT energy centers. As of March 31, 2022, and December 31, 2021, the carrying amount of both the investments in industrial development revenue bonds and the finance obligations approximated fair value.
(b)Included unamortized debt issuance costs, which were excluded from the fair value measurement, of $94 million, $38 million, and $38 million for Ameren, Ameren Missouri, and Ameren Illinois, respectively, as of March 31, 2022. Included unamortized debt issuance costs, which were excluded from the fair value measurement, of $94 million, $38 million, and $39 million for Ameren, Ameren Missouri, and Ameren Illinois, respectively, as of December 31, 2021.
(c)The Level 3 fair value amount consists of ATXI’s senior unsecured notes.
v3.22.1
Related Party Transactions
3 Months Ended
Mar. 31, 2022
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS RELATED-PARTY TRANSACTIONS
In the ordinary course of business, Ameren Missouri and Ameren Illinois have engaged in, and may in the future 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 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.
Support Services Agreements
At both March 31, 2022 and December 31, 2021, Ameren Missouri and Ameren Illinois had long-term receivables included in “Other assets” from Ameren Services of $77 million and $80 million, respectively, related to Ameren Services’ allocated portion of Ameren’s pension and postretirement benefit plans.
Tax Allocation Agreement
See Note 1 – Summary of Significant Accounting Policies under Part II, Item 8, of the Form 10-K for a discussion of the tax allocation agreement. The following table presents the affiliate balances related to income taxes for Ameren Missouri and Ameren Illinois as of March 31, 2022, and December 31, 2021:
March 31, 2022December 31, 2021
Ameren MissouriAmeren IllinoisAmeren MissouriAmeren Illinois
Income taxes payable to parent(a)
$ $42 $— $
Income taxes receivable from parent(b)
33  27 18 
(a)Included in “Accounts payable – affiliates” on the balance sheet.
(b)Included in “Accounts receivable – affiliates” on the balance sheet.
Effects of Related-party Transactions on the Statement of Income
The following table presents the impact on Ameren Missouri and Ameren Illinois of related-party transactions for the three months ended March 31, 2022 and 2021:
Three Months
AgreementIncome Statement
Line Item
Ameren
Missouri
Ameren
Illinois
Ameren Missouri power supplyOperating Revenues2022$4 $(a)
agreements with Ameren Illinois
2021(a)
Ameren Missouri and Ameren IllinoisOperating Revenues2022$6 $(b)
rent and facility services
2021(b)
Ameren Missouri and Ameren Illinois miscellaneousOperating Revenues2022$(b)$1 
support services and other services provided to ATXI2021(b)(b)
Total Operating Revenues2022$10 $1 
2021(b)
Ameren Illinois power supplyPurchased Power2022$(a)$4 
agreements with Ameren Missouri
2021(a)
Ameren Missouri and Ameren IllinoisPurchased Power2022$(b)$(b)
transmission services from ATXI2021(b)
Total Purchased Power2022$(b)$4 
2021
Ameren Missouri and Ameren IllinoisOther Operations and Maintenance2022$(b)$1 
rent and facility services
2021(b)
Ameren Services support servicesOther Operations and Maintenance2022$38 $35 
agreement
202135 33 
Total Other Operations and2022$38 $36 
Maintenance202135 34 
Money pool borrowings (advances)(Interest Charges)/Other Income, Net2022$(b)$(b)
2021(b)(b)
(a)Not applicable.
(b)Amount less than $1 million.
v3.22.1
Commitments And Contingencies
3 Months Ended
Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies COMMITMENTS AND CONTINGENCIES
We are involved in legal, tax, and regulatory proceedings before various courts, regulatory commissions, authorities, and governmental agencies with respect to matters that arise in the ordinary course of business, some of which involve substantial amounts of money. We believe that the final disposition of these proceedings, except as otherwise disclosed in the notes to our financial statements in this report and in the Form 10-K, will not have a material adverse effect on our results of operations, financial position, or liquidity.
Reference is made to Note 1 – Summary of Significant Accounting Policies, Note 2 – Rate and Regulatory Matters, Note 9 – Callaway Energy Center, Note 13 – Related-party Transactions, and Note 14 – Commitments and Contingencies under Part II, Item 8, of the Form 10-K. See also Note 1 – Summary of Significant Accounting Policies, Note 2 – Rate and Regulatory Matters, Note 8 – Related-party Transactions, and Note 10 – Callaway Energy Center of this report.
Environmental Matters
Our electric generation, transmission, and distribution and natural gas distribution and storage operations must comply with a variety of statutes and regulations relating to the protection of the environment and human health and safety including permitting programs implemented via federal, state, and local authorities. Such environmental laws address air emissions; discharges to water bodies; the storage, handling and disposal of hazardous substances and waste materials; siting and land use requirements; and potential ecological impacts. Complex and lengthy processes are required to obtain and renew approvals, permits, and licenses for new, existing, or modified facilities. Additionally, the use and handling of various chemicals or hazardous materials require release prevention plans and emergency response procedures. We employ dedicated personnel knowledgeable in environmental matters to oversee our business activities’ compliance with regulatory requirements.
Environmental regulations have a significant impact on the electric utility industry and compliance with these regulations could be costly for Ameren Missouri, which operates coal-fired power plants. Clean Air Act regulations that apply to the electric utility industry include the NSPS, the CSAPR, the MATS, and the National Ambient Air Quality Standards, which are subject to periodic review for certain pollutants. Collectively, these regulations cover a variety of pollutants, such as SO2, particulate matter, NOx, mercury, toxic metals and acid gases, and CO2 emissions from new power plants. Regulations implementing the Clean Water Act govern both intake and discharges of water, and may require evaluation of the ecological and biological impact of our operations and could require modifications to water intake structures or more stringent limitations on wastewater discharges. Depending upon the scope of modifications ultimately required by state regulators, these capital expenditures could be significant. The management and disposal of coal ash is regulated under the Resource Conservation and Recovery Act and the CCR Rule, which require the closure of our surface impoundments at Ameren Missouri’s coal-fired energy centers. The individual or combined effects of existing and new environmental regulations could result in significant capital expenditures, increased operating costs, or the closure or alteration of operations at some of Ameren Missouri’s energy centers. Ameren and Ameren Missouri expect that such compliance costs would be recoverable through rates, subject to MoPSC prudence review, but the timing of costs and their recovery could be subject to regulatory lag.
Ameren and Ameren Missouri estimate that they will need to make capital expenditures of $125 million to $175 million from 2022 through 2026 in order to comply with existing environmental regulations. Additional environmental controls beyond 2026 could be required. This estimate of capital expenditures includes ash pond closure and corrective action measures required by the CCR Rule and the effluent limitation guidelines applicable to steam electric generating units, and potential modifications to cooling water intake structures at existing power plants under Clean Water Act rules, all of which are discussed below. In addition to planned retirements of coal-fired energy centers as set forth in the 2020 IRP and as noted in the NSR and Clean Air Act litigation discussed below, Ameren Missouri’s current plan for compliance with existing air emission regulations includes the closure of the Venice Energy Center by 2030 as discussed below in Illinois Emission Standards, burning low-sulfur coal and installing new or optimizing existing air pollution control equipment. The actual amount of capital expenditures required to comply with existing environmental regulations may vary substantially from the above estimates because of uncertainty as to future permitting requirements made by state regulators and the EPA, potential revisions to regulatory obligations, and the cost of potential compliance strategies, among other things.
The following sections describe the more significant environmental laws and rules and environmental enforcement and remediation matters that affect or could affect our operations. The EPA has initiated an administrative review of several regulations and proposed amendments to regulations and guidelines, including the CSAPR, which could ultimately result in the revision of all or part of such rules. Additionally, Ameren Missouri’s wind generation facilities may be subject to operating restrictions to limit the impact on protected species. Seasonal nighttime curtailment began at the High Prairie Renewable Energy Center at the end of March 2022, but the extent and duration of the curtailment is unknown at this time as assessment of mitigation technologies is ongoing. Nighttime operating restrictions may be required during the critical biological season, which typically occurs from April through October. Ameren Missouri does not anticipate these operating curtailments to result in significant impacts on its results of operations, financial position, or liquidity.
Clean Air Act
Federal and state laws, including CSAPR, regulate emissions of SO2 and NOx through the reduction of emissions at their source and the use and retirement of emission allowances. CSAPR is implemented through a series of phases, and the second phase became effective in 2017. In April 2022, the EPA proposed revisions to the CSAPR and additional emission reduction requirements may apply in subsequent years. Ameren Missouri complies with current CSAPR requirements by minimizing emissions through the use of low-sulfur coal, operation of two scrubbers at its Sioux Energy Center, and optimization of other existing air pollution control equipment. Ameren Missouri could incur additional costs to lower its emissions at one or more of its energy centers to comply with additional CSAPR requirements in future years. These additional costs for compliance are expected to be recovered from customers through the FAC or higher base rates.
CO2 Emissions Standards
The EPA’s Affordable Clean Energy Rule repealed the Clean Power Plan and replaced it with a new rule that established emission guidelines for states to follow in developing plans to limit CO2 emissions and identified certain efficiency measures as the best system of
emission reduction for coal-fired electric generating units. In January 2021, the United States Court of Appeals for the District of Columbia Circuit vacated the Affordable Clean Energy Rule, and ruled that the EPA had the discretion to consider emission reduction measures that include efficiency measures and generation shifting to lower carbon emissions. The United States Supreme Court agreed to review the court of appeals’ ruling and oral arguments occurred in February 2022, with a decision expected by mid-2022. A decision by the United States Supreme Court could impact the EPA’s development of new regulations to address carbon emissions from coal- and natural gas-fired electric generating units. At this time, Ameren Missouri cannot predict the outcome of the legal challenge or future rulemakings. As such, any impact on the results of operations, financial position, and liquidity of Ameren and Ameren Missouri is uncertain.
NSR and Clean Air Act Litigation
In January 2011, the United States Department of Justice, on behalf of the EPA, filed a complaint against Ameren Missouri in the United States District Court for the Eastern District of Missouri alleging that in performing projects at its coal-fired Rush Island Energy Center in 2007 and 2010, Ameren Missouri violated provisions of the Clean Air Act and Missouri law. In January 2017, the district court issued a liability ruling against Ameren Missouri and, in September 2019, entered a remedy order that required Ameren Missouri to install a flue gas desulfurization system at the Rush Island Energy Center and a dry sorbent injection system at the Labadie Energy Center. Ameren Missouri appealed both the liability and remedy orders and, in August 2021, the United States Court of Appeals for the Eighth Circuit issued a decision that affirmed the liability ruling and the district court’s remedy order as it related to the installation of a flue gas desulfurization system at the Rush Island Energy Center, but reversed the order as it related to the installation of a dry sorbent injection system at the Labadie Energy Center. In November 2021, the court of appeals issued an order denying requests for consideration previously sought by both Ameren Missouri and the United States Department of Justice.
Based on its assessment of available legal, operational, and regulatory alternatives, Ameren Missouri has determined not to further appeal the court rulings and, in December 2021, filed a motion with the district court to modify the remedy order to allow the retirement of the Rush Island Energy Center in advance of its previously expected useful life in lieu of installing a flue gas desulfurization system. The district court is under no deadline to issue a ruling revising the remedy order. In January 2022, the MISO completed a preliminary informational assessment regarding potential impacts of the retirement to the regional electric power system, which indicated transmission upgrades and voltage support would be needed in advance of the retirement of the Rush Island Energy Center to address reliability concerns. In February 2022, Ameren Missouri formally notified the MISO of its intent to retire the Rush Island Energy Center and requested the MISO to perform a final reliability assessment, which is expected to be completed in May 2022. The MISO must also separately approve the specific upgrades and transmission support required to address reliability concerns noted in the final assessment. Additionally, the MISO will determine whether reliability concerns require the Rush Island Energy Center to be classified as a system support resource, which should continue operating until the completion of to-be-specified transmission upgrades. If the Rush Island Energy Center were identified as a system support resource, an agreement detailing the manner of and time for continued operation would be filed with the FERC for approval. The district court has the authority to determine the retirement date and operating parameters for the Rush Island Energy Center and is not bound by the MISO determination or FERC’s approval. Related to this matter, in February 2022, the MoPSC issued an order directing the MoPSC staff to review the planned accelerated retirement of the Rush Island Energy Center. See Note 2 – Rate and Regulatory Matters for additional information.
In connection with the planned accelerated retirement of the Rush Island Energy Center, Ameren Missouri expects to seek approval from the MoPSC to finance the costs associated with the retirement, including the remaining unrecovered net plant balance associated with the facility, through the issuance of securitized utility tariff bonds pursuant to the Missouri securitization statute that became effective in August 2021. As of March 31, 2022, the Rush Island Energy Center had a net plant balance of approximately $0.6 billion included in plant to be abandoned, net, within “Property, Plant, and Equipment, Net” and a rate base of approximately $0.4 billion. See Note 1 – Summary of Significant Accounting Policies under Part II, Item 8, of the Form 10-K for additional information regarding plant to be abandoned, net. In addition, Ameren Missouri expects to file an update to the 2020 IRP with the MoPSC in June 2022 to reflect the planned acceleration of the retirement of the Rush Island Energy Center from 2039, the retirement year for the facility as reflected in the 2020 IRP and reflected in depreciation rates approved by the December 2021 MoPSC electric rate order.
Ameren Missouri is unable to predict the ultimate resolution of this matter; however, such resolution could have a material adverse effect on the results of operations, financial position, and liquidity of Ameren and Ameren Missouri.
Clean Water Act
The EPA’s regulations implementing Section 316(b) of the Clean Water Act require power plant operators to evaluate cooling water intake structures and identify measures for reducing the number of aquatic organisms impinged on a power plant’s cooling water intake screens or entrained through the plant’s cooling water system. All of Ameren Missouri’s coal-fired and nuclear energy centers are subject to the cooling water intake structures rule. Requirements of the rule are implemented by state regulators through the permit renewal process of each power plant’s water discharge permit, which is expected to be completed by 2023 for Ameren Missouri.
In 2015, the EPA issued a rule to revise the effluent limitation guidelines applicable to steam electric generating units. These guidelines established national standards for water discharges, prohibit effluent discharges of certain waste streams, and impose more stringent
limitations on certain water discharges from power plants. To meet the requirements of the guidelines, Ameren Missouri installed dry ash handling systems and in 2020 completed construction of wastewater treatment facilities at three of its four coal-fired energy centers. The Meramec Energy Center is scheduled to retire in 2022 and, as a result, does not require new wastewater and dry ash handling systems.
CCR Management
The EPA’s CCR Rule establishes requirements for the management and disposal of CCR from coal-fired power plants and will result in the closure of certain surface impoundments at Ameren Missouri’s energy centers. Ameren Missouri completed the closure of all surface impoundments at its Labadie and Rush Island energy centers in 2021, and has made significant progress by closing several impoundments at its Sioux and Meramec energy centers. Ameren Missouri plans to complete the closures of the remaining surface impoundments as required by the CCR Rule in 2023. In January 2022, Ameren Missouri received notice of a proposed determination by the EPA that it has rejected Ameren Missouri’s requests to extend the timeline for operating certain impoundments located at the Sioux and Meramec energy centers. Pursuant to the terms of the proposed determination, compliance with the CCR Rule’s requirements for closure of the impoundments would be required 135 days after the EPA issues a final determination, which Ameren Missouri expects to be issued in the spring of 2022. If Ameren Missouri was no longer able to use the surface impoundments at the Sioux or Meramec energy centers, Ameren Missouri would not be able to operate the energy centers unless an alternative for handling the CCR material was available. Ameren Missouri will retire the Meramec Energy Center in 2022, and construction is underway to complete a CCR Rule-compliant impoundment at the Sioux Energy Center to allow for continued operations. Additionally, Ameren Missouri is seeking a reliability determination from the MISO, which, if granted and accepted by the EPA, would extend the deadline to comply with the requirement to close the surface impoundments and allow the energy centers to operate. Ameren expects the MISO determination to be completed in June 2022. Ameren Missouri does not expect that this matter will have a material adverse effect on its results of operations, financial position, or liquidity.
Ameren and Ameren Missouri have AROs of $79 million recorded on their respective balance sheets as of March 31, 2022, associated with CCR storage facilities. Ameren Missouri estimates it will need to make capital expenditures of $60 million to $80 million from 2022 through 2026 to implement its CCR management compliance plan, which includes installation of groundwater monitoring equipment and groundwater treatment facilities.
Remediation
The Ameren Companies are involved in a number of remediation actions to clean up sites impacted by the use or disposal of materials containing hazardous substances. Federal and state laws can require responsible parties to fund remediation regardless of their degree of fault, the legality of original disposal, or the ownership of a disposal site.
As of March 31, 2022, Ameren Illinois has remediated the majority of the 44 former MGP sites in Illinois and could substantially conclude remediation efforts at the remaining sites by 2023. The ICC allows Ameren Illinois to recover such remediation and related litigation costs from its electric and natural gas utility customers through environmental cost riders that are subject to annual prudence reviews by the ICC. As of March 31, 2022, Ameren Illinois estimated the remaining obligation related to these former MGP sites at $68 million to $125 million. Ameren and Ameren Illinois recorded a liability of $68 million to represent the estimated minimum obligation for these sites, as no other amount within the range was a better estimate.
The scope of the remediation activities at these former MGP sites may increase as remediation efforts continue. Considerable uncertainty remains in these estimates because many site-specific factors can influence the actual costs, including unanticipated underground structures, the degree to which groundwater is encountered, regulatory changes, local ordinances, and site accessibility. The actual costs and timing of completion may vary substantially from these estimates.
Our operations or those of our predecessor companies involve the use of, disposal of, and, in appropriate circumstances, the cleanup of substances regulated under environmental laws. We are unable to determine whether such historical practices will result in future environmental commitments or will affect our results of operations, financial position, or liquidity.
Illinois Emission Standards
The IETL established emission standards that became effective in September 2021. Ameren Missouri's natural gas-fired energy centers in Illinois are subject to limits on emissions, including CO2 and NOx, equal to their unit-specific average emissions from 2018 through 2020, for any rolling twelve-month period beginning October 1, 2021, through 2029. Further reductions to emissions limits will become effective between 2030 and 2040, which could limit the operations of Ameren Missouri's five natural gas-fired energy centers located in the state of Illinois, and will result in the closure of the Venice Energy Center by 2030. These energy centers are utilized to support peak loads. Subject to conditions in the IETL, these energy centers may be allowed to exceed the emissions limits in order to maintain reliability of electric utility service as necessary. Ameren Missouri is reviewing the emission standards and the effect they may have on its generation strategy, including any increases in capital expenditures or operating costs, and changes to the useful life of the Venice Energy Center. Ameren Missouri expects to file an update to the 2020 IRP with the MoPSC in June 2022 to reflect, among other things, the impact of these new emissions standards.
v3.22.1
Callaway Energy Center
3 Months Ended
Mar. 31, 2022
Nuclear Waste Matters [Abstract]  
CALLAWAY ENERGY CENTER CALLAWAY ENERGY CENTER
See Note 9 – Callaway Energy Center under Part II, Item 8, of the Form 10-K for information regarding spent nuclear fuel recovery, recovery of decommissioning costs, and the nuclear decommissioning trust fund. The fair value of the trust fund for Ameren Missouri’s Callaway Energy Center is reported as “Nuclear decommissioning trust fund” in Ameren’s and Ameren Missouri’s balance sheets. This amount is legally restricted and may be used only to fund the costs of nuclear decommissioning. Changes in the fair value of the trust fund are recorded as an increase or decrease to the nuclear decommissioning trust fund, with an offsetting adjustment to the related regulatory liability. Ameren and Ameren Missouri have recorded an ARO for the Callaway Energy Center decommissioning costs at fair value, which represents the present value of estimated future cash outflows. Annual decommissioning costs of $7 million are included in the costs used to establish electric rates for Ameren Missouri’s customers. Every three years, the MoPSC requires Ameren Missouri to file an updated cost study and funding analysis for decommissioning its Callaway Energy Center. An updated cost study and funding analysis was filed with the MoPSC in November 2020 and reflected within the ARO. In February 2021, the MoPSC approved no change in electric rates for decommissioning costs based on Ameren Missouri’s updated cost study funding analysis. See Note 13 – Supplemental Information for more information on Ameren Missouri’s AROs.
Maintenance Outage
See Note 9 – Callaway Energy Center under Part II, Item 8, of the Form 10-K for information regarding a maintenance outage from a non-nuclear operating issue related to the Callaway Energy Center’s generator in late December 2020 and subsequent return to service on August 4, 2021, along with the related insurance claims. As of March 31, 2022, a $26 million insurance receivable was included in “Miscellaneous accounts receivable” on Ameren’s and Ameren Missouri’s consolidated balance sheets related to lost sales insurance claims and capital expenditures. In April 2022, Ameren Missouri received $22 million from NEIL related to lost sales insurance claims.
Insurance
The following table presents insurance coverage at Ameren Missouri’s Callaway Energy Center at April 1, 2022:
Type and Source of CoverageMost Recent
Renewal Date
Maximum CoveragesMaximum Assessments
for Single Incidents
Public liability and nuclear worker liability:
American Nuclear InsurersJanuary 1, 2022$450 $— 
Pool participation(a)13,073 
(a) 
138 
(b) 
$13,523 
(c) 
$138 
Property damage:
NEIL and EMANIApril 1, 2022$3,200 
(d)
$26 
(e) 
Accidental outage:
NEILApril 1, 2022$490 
(f) 
$
(e) 
(a)Provided through mandatory participation in an industrywide retrospective premium assessment program. The maximum coverage available is dependent on the number of United States commercial reactors participating in the program.
(b)Retrospective premium under the Price-Anderson Act. This is subject to retrospective assessment with respect to a covered loss in excess of $450 million in the event of an incident at any licensed United States commercial reactor, payable at $21 million per year.
(c)Limit of liability for each incident under the Price-Anderson liability provisions of the Atomic Energy Act of 1954, as amended. This limit is subject to change to account for the effects of inflation and changes in the number of licensed power reactors.
(d)NEIL provides $2.7 billion in property damage, stabilization, decontamination, and premature decommissioning insurance for radiation events and $2.3 billion in property damage insurance for nonradiation events. EMANI provides $490 million in property damage insurance for both radiation and nonradiation events.
(e)All NEIL-insured plants could be subject to assessments should losses exceed the accumulated funds from NEIL.
(f)Accidental outage insurance provides for lost sales in the event of a prolonged accidental outage. Weekly indemnity up to $4.5 million for 52 weeks, which commences after the first 12 weeks of an outage, plus up to $3.6 million per week for a minimum of 71 weeks thereafter for a total not exceeding the policy limit of $490 million. Nonradiation events are limited to $328 million.
The Price-Anderson Act is a federal law that limits the liability for claims from an incident involving any licensed United States commercial nuclear energy center. The limit is based on the number of licensed reactors. The limit of liability and the maximum potential annual payments are adjusted at least every five years for inflation to reflect changes in the Consumer Price Index. The most recent five-year inflationary adjustment became effective in November 2018. Owners of a nuclear reactor cover this exposure through a combination of private insurance and mandatory participation in a financial protection pool, as established by the Price-Anderson Act.
Losses resulting from terrorist attacks on nuclear facilities insured by NEIL are subject to industrywide aggregates, such that terrorist acts against one or more commercial nuclear power plants within a stated time period would be treated as a single event, and the owners of the nuclear power plants would share the limit of liability. NEIL policies have an aggregate limit of $3.2 billion within a 12-month period for radiation events, or $1.8 billion for events not involving radiation contamination, resulting from terrorist attacks. The EMANI policies are not subject to industrywide aggregates in the event of terrorist attacks on nuclear facilities.
If losses from a nuclear incident at the Callaway Energy Center exceed the limits of, or are not covered by insurance, or if coverage is unavailable, Ameren Missouri is at risk for any uninsured losses. If a serious nuclear incident were to occur, it could have a material adverse effect on Ameren’s and Ameren Missouri’s results of operations, financial position, or liquidity.
v3.22.1
Retirement Benefits
3 Months Ended
Mar. 31, 2022
Retirement Benefits [Abstract]  
RETIREMENT BENEFITS RETIREMENT BENEFITS
The following table presents the components of the net periodic benefit cost (income) incurred for Ameren’s pension and postretirement benefit plans for the three months ended March 31, 2022 and 2021:
Pension BenefitsPostretirement Benefits
Three MonthsThree Months
2022202120222021
Service cost(a)
$33 $33 $5 $
Non-service cost components:
Interest cost40 38 8 
Expected return on plan assets(80)(75)(21)(20)
Amortization of:
Prior service benefit — (1)(1)
Actuarial loss (gain)6 17 (4)(1)
Total non-service cost components(b)
$(34)$(20)$(18)$(14)
Net periodic benefit cost (income)$(1)$13 $(13)$(8)
(a)Service cost, net of capitalization, is reflected in “Operating Expenses – Other operations and maintenance” on Ameren’s statement of income.
(b)Non-service cost components are reflected in “Other Income, Net” on Ameren’s statement of income. See Note 5 – Other Income, Net, for additional information.
Ameren Missouri and Ameren Illinois are responsible for their respective share of Ameren’s pension and other postretirement costs. The following table presents the respective share of net periodic pension and other postretirement benefit costs (income) incurred for the three months ended March 31, 2022 and 2021:
Pension BenefitsPostretirement Benefits
Three MonthsThree Months
2022202120222021
Ameren Missouri(a)
$(1)$$(3)$(1)
Ameren Illinois1 (10)(7)
Other(1)(1) — 
Ameren(a)
$(1)$13 $(13)$(8)
(a)Does not include the impact of the regulatory tracking mechanism for the difference between the level of pension and postretirement benefit costs incurred by Ameren Missouri under GAAP and the level of such costs included in rates.
v3.22.1
Income Taxes
3 Months Ended
Mar. 31, 2022
Income Tax Disclosure [Abstract]  
Income Taxes INCOME TAXES
The following table presents a reconciliation of the federal statutory corporate income tax rate to the effective income tax rate for the three months ended March 31, 2022 and 2021:
AmerenAmeren MissouriAmeren Illinois
202220212022202120222021
Three Months
Federal statutory corporate income tax rate21 %21 %21 %21 %21 %21 %
Increases (decreases) from:
Amortization of deferred investment tax credit (1)(1)(1) — 
Amortization of excess deferred taxes(a)
(8)(9)

(16)(17)

(2)(2)
Depreciation differences —   (1)
Renewable and other tax credits(b)
(5)(6)(11)(11) — 
State tax5 3 7 
Stock-based compensation(1)(1) —  — 
Effective income tax rate12 %10 %(4)%(4)%26 %25 %
(a)Reflects the amortization of amounts resulting from the revaluation of deferred income taxes subject to regulatory ratemaking, which are being refunded to customers. Deferred income taxes are revalued when federal or state income tax rates change, and the offset to the revaluation of deferred income taxes subject to regulatory ratemaking is recorded to a regulatory asset or liability.
(b)Includes credits associated with the High Prairie and Atchison renewable energy centers. Ameren Missouri placed the High Prairie renewable energy center in service in December 2020. Additionally, Ameren Missouri placed in service the wind turbines at its Atchison renewable energy center throughout the first half of 2021. The benefit of the credits associated with Missouri renewable energy standard compliance is refunded to customers through the RESRAM.
v3.22.1
Supplemental Information
3 Months Ended
Mar. 31, 2022
Supplemental Information [Abstract]  
Supplemental Information SUPPLEMENTAL INFORMATION
Cash, Cash Equivalents, and Restricted Cash
The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the balance sheets and the statements of cash flows at March 31, 2022, and December 31, 2021:
March 31, 2022December 31, 2021
AmerenAmeren
Missouri
Ameren
Illinois
AmerenAmeren
Missouri
Ameren
Illinois
“Cash and cash equivalents”$7 $1 $ $$— $— 
Restricted cash included in “Other current assets”10 3 5 16 
Restricted cash included in “Other assets”132  132 127 — 127 
Restricted cash included in “Nuclear decommissioning trust fund”5 5  — 
Total cash, cash equivalents, and restricted cash$154 $9 $137 $155 $$133 
Restricted cash included in “Other current assets” primarily represents funds held by an irrevocable Voluntary Employee Beneficiary Association (VEBA) trust, which provides health care benefits for active employees. Restricted cash included in “Other assets” on Ameren’s and Ameren Illinois’ balance sheets primarily represents amounts collected under a cost recovery rider restricted for use in the procurement of renewable energy credits and amounts in a trust fund restricted for the use of funding certain asbestos-related claims.
Accounts Receivable
“Accounts receivable – trade” on Ameren’s and Ameren Illinois’ balance sheets include certain receivables purchased at a discount from alternative retail electric suppliers that elect to participate in the utility consolidated billing program. At March 31, 2022, and December 31, 2021, “Other current liabilities” on Ameren’s and Ameren Illinois’ balance sheets included payables for purchased receivables of $29 million and $27 million, respectively.
The following table provides a reconciliation of the beginning and ending amount of the allowance for doubtful accounts for the three months ended March 31, 2022 and 2021:
Three Months
20222021
Ameren:
Beginning of period$29 $50 
Bad debt expense4 
Net write-offs(5)(7)
End of period$28 $47 
Ameren Missouri:
Beginning of period$13 $16 
Bad debt expense1 
Net write-offs(3)(2)
End of period$11 $15 
Ameren Illinois:(a)
Beginning of period$16 $34 
Bad debt expense3 
Net write-offs(2)(5)
End of period$17 $32 
(a)Ameren Illinois has rate-adjustment mechanisms that allow it to recover the difference between its actual net bad debt write-offs under GAAP, including those associated with receivables purchased from alternative retail electric suppliers, and the amount of net bad debt write-offs included in its base rates.
Supplemental Cash Flow Information
Capital expenditures at Ameren and Ameren Missouri included wind generation expenditures of an immaterial amount for the three months ended March 31, 2022, and $193 million for the three months ended March 31, 2021.
The following table provides noncash financing and investing activity excluded from the statements of cash flows for the three months ended March 31, 2022 and 2021:
March 31, 2022March 31, 2021
AmerenAmeren
Missouri
Ameren
Illinois
AmerenAmeren
Missouri
Ameren
Illinois
Investing
Accrued capital expenditures$345 $194 $147 $271 $141 $139 
Net realized and unrealized gain/(loss) – nuclear decommissioning trust fund(71)(71) 22 22 — 
Financing
Issuance of common stock for stock-based compensation$31 $ $ $33 $— $— 
Issuance of common stock under the DRPlus8   — — — 
Asset Retirement Obligations
The following table provides a reconciliation of the beginning and ending carrying amount of AROs for the three months ended March 31, 2022:
Ameren
Missouri
Ameren
Illinois
Ameren
Balance at December 31, 2021
$760 
(a)
$
(b)
$764 
(a)
Accretion
(c)
— 

(c)
Change in estimates
(d)
— 
(d)
Balance at March 31, 2022
$772 
(a)
$
(b)
$776 
(a)
(a)Balance included $7 million in “Other current liabilities” on the balance sheet as of both March 31, 2022, and December 31, 2021.
(b)Included in “Other deferred credits and liabilities” on the balance sheet.
(c)Accretion expense attributable to Ameren Missouri was recorded as a decrease to regulatory liabilities.
(d)Ameren Missouri changed its fair value estimate primarily due to the change in useful life of the Sioux Energy Center, as reflected in depreciation rates approved by the December 2021 electric rate order, which became effective in 2022.
Stock-based Compensation
In the first quarter of 2022, Ameren granted 267,849 performance share units with a grant date fair value of $25 million and 122,882 restricted share units with a grant date fair value of $11 million. Awards vest approximately 3 years after the grant date or on a pro-rata basis upon death or eligible retirement. The performance share units vest based on the achievement of certain specified market performance measures (229,566 performance share units) or clean energy transition targets (38,283 performance share units). The exact number of shares issued pursuant to a performance share unit varies from 0% to 200% of the target award, depending on actual company performance relative to the performance goals.
For the three months ended March 31, 2022 and 2021, excess tax benefits associated with the settlement of stock-based compensation awards reduced income tax expense by $5 million in both periods.
Deferred Compensation
At March 31, 2022, and December 31, 2021, the present value of benefits to be paid for deferred compensation obligations was $91 million in both periods, which was primarily reflected in “Other deferred credits and liabilities” on Ameren's consolidated balance sheet.
Operating Revenues
As of March 31, 2022 and 2021, our remaining performance obligations for contracts with a term greater than one year were immaterial. The Ameren Companies elected not to disclose the aggregate amount of the transaction price allocated to the performance obligations that are unsatisfied as of the end of the reporting period for contracts with an initial expected term of one year or less.
See Note 14 – Segment Information for disaggregated revenue information.
Excise Taxes
Ameren Missouri and Ameren Illinois collect from their customers excise taxes, including municipal and state excise taxes and gross receipts taxes that are levied on the sale or distribution of natural gas and electricity. The following table presents the excise taxes recorded on a gross basis in “Operating Revenues – Electric,” “Operating Revenues – Natural gas” and “Operating Expenses – Taxes other than income taxes” on the statements of income for the three months ended March 31, 2022 and 2021:
Three Months
20222021
Ameren Missouri$34 $31 
Ameren Illinois45 39 
Ameren$79 $70 
Earnings per Share
The following table reconciles the basic weighted-average number of common shares outstanding to the diluted weighted-average number of common shares outstanding for the three months ended March 31, 2022 and 2021:
Three Months
20222021
Weighted-average Common Shares Outstanding – Basic257.9 254.4 
Assumed settlement of performance share units and restricted stock units1.1 1.5 
Weighted-average Common Shares Outstanding – Diluted(a)
259.0 255.9 
(a)There was an immaterial number of anti-dilutive securities excluded from the earnings per diluted share calculations for the three months ended March 31, 2022. There were no anti-dilutive securities excluded from the earnings per diluted share calculations for the three months ended March 31, 2021.
v3.22.1
Segment Information
3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
The following tables present revenues, net income attributable to common shareholders, and capital expenditures by segment at Ameren and Ameren Illinois for the three months ended March 31, 2022 and 2021. Ameren, Ameren Missouri, and Ameren Illinois management review segment capital expenditure information rather than any individual or total asset amount. For additional information about our segments, see Note 16 – Segment Information under Part II, Item 8, of the Form 10-K.
Ameren
Ameren MissouriAmeren Illinois Electric DistributionAmeren Illinois Natural GasAmeren TransmissionOtherIntersegment EliminationsAmeren
Three Months 2022:
External revenues$808 $464 $481 $126 $ $ $1,879 
Intersegment revenues10 1  20  (31) 
Net income attributable to Ameren common shareholders50 49 80 58 
(a)
15  252 
Capital expenditures414 138 49 172 2 (1)774 
Three Months 2021:
External revenues$695 $411 $347 $113 $— $— $1,566 
Intersegment revenues— — 17 — (26)— 
Net income attributable to Ameren common shareholders47 46 75 47 
(a)
18 — 233 
Capital expenditures534 
(b)
157 48 141 887 
(b)
(a)Ameren Transmission earnings reflect an allocation of financing costs from Ameren (parent).
(b)Includes $193 million at Ameren and Ameren Missouri for wind generation expenditures for the three months ended March 31, 2021.
Ameren Illinois
Ameren Illinois Electric DistributionAmeren Illinois Natural GasAmeren Illinois TransmissionIntersegment EliminationsAmeren Illinois
Three Months 2022:
External revenues$465 $481 $78 $ $1,024 
Intersegment revenues  20 (20) 
Net income available to common shareholder49 80 40  169 
Capital expenditures138 49 155  342 
Three Months 2021:
External revenues$411 $347 $65 $— $823 
Intersegment revenues— — 16 (16)— 
Net income available to common shareholder46 75 28 — 149 
Capital expenditures157 48 132 — 337 
The following tables present disaggregated revenues by segment at Ameren and Ameren Illinois for the three months ended March 31, 2022 and 2021. Economic factors affect the nature, timing, amount, and uncertainty of revenues and cash flows in a similar manner across customer classes. Revenues from alternative revenue programs have a similar distribution among customer classes as revenues from contracts with customers. Other revenues not associated with contracts with customers are presented in the Other customer classification, along with electric transmission and off-system revenues.
Ameren
Ameren MissouriAmeren Illinois Electric DistributionAmeren Illinois Natural GasAmeren TransmissionIntersegment EliminationsAmeren
Three Months 2022:
Residential$332 $263 $ $ $ $595 
Commercial240 158    398 
Industrial57 45    102 
Other109 (1) 146 (31)223 
Total electric revenues$738 $465 $ $146 $(31)$1,318 
Residential$51 $ $369 $ $ $420 
Commercial22  97   119 
Industrial2  17   19 
Other5  (2)  3 
Total natural gas revenues$80 $ $481 $ $ $561 
Total revenues(a)
$818 $465 $481 $146 $(31)$1,879 
Three Months 2021:
Residential$312 $229 $— $— $— $541 
Commercial216 132 — — — 348 
Industrial52 34 — — — 86 
Other61 16 — 130 (26)181 
Total electric revenues$641 $411 $— $130 $(26)$1,156 
Residential$34 $— $251 $— $— $285 
Commercial15 — 64 — — 79 
Industrial— 14 — — 15 
Other13 — 18 — — 31 
Total natural gas revenues$63 $— $347 $— $— $410 
Total revenues(a)
$704 $411 $347 $130 $(26)$1,566 
(a)The following table presents increases/(decreases) in revenues from alternative revenue programs and other revenues not from contracts with customers for the three months ended March 31, 2022 and 2021:
Ameren MissouriAmeren Illinois Electric DistributionAmeren Illinois Natural GasAmeren TransmissionAmeren
Three Months 2022:
Revenues from alternative revenue programs$(6)$55 $(5)$1 $45 
Other revenues not from contracts with customers 
(a)
2 1  3 
(a)
Three Months 2021:
Revenues from alternative revenue programs$(10)$61 $$(1)$53 
Other revenues not from contracts with customers(2)— 
(a)Includes insurance recoveries related to lost sales associated with the Callaway Energy Center maintenance outage. See Note 10 Callaway Energy Center for additional information.
Ameren Illinois
Ameren Illinois Electric DistributionAmeren Illinois Natural GasAmeren Illinois TransmissionIntersegment EliminationsAmeren Illinois
Three Months 2022:
Residential$263 $369 $ $ $632 
Commercial158 97   255 
Industrial45 17   62 
Other(1)(2)98 (20)75 
Total revenues(a)
$465 $481 $98 $(20)$1,024 
Three Months 2021:
Residential$229 $251 $— $— $480 
Commercial132 64 — — 196 
Industrial34 14 — — 48 
Other16 18 81 (16)99 
Total revenues(a)
$411 $347 $81 $(16)$823 
(a)The following table presents increases/(decreases) in revenues from alternative revenue programs and other revenues not from contracts with customers for the Ameren Illinois segments for the three months ended March 31, 2022 and 2021:
Ameren Illinois Electric DistributionAmeren Illinois Natural GasAmeren Illinois TransmissionAmeren Illinois
Three Months 2022:
Revenues from alternative revenue programs$55 $(5)$1 $51 
Other revenues not from contracts with customers2 1  3 
Three Months 2021:
Revenues from alternative revenue programs$61 $$(1)$63 
Other revenues not from contracts with customers— 
v3.22.1
Summary Of Significant Accounting Policies (Policies)
3 Months Ended
Mar. 31, 2022
Accounting Policies [Abstract]  
Nature of Operations
Ameren, headquartered in St. Louis, Missouri, is a public utility holding company whose primary assets are its equity interests in its subsidiaries. Ameren’s subsidiaries are separate, independent legal entities with separate businesses, assets, and liabilities. Dividends on Ameren’s common stock and the payment of expenses by Ameren depend on distributions made to it by its subsidiaries. Ameren’s principal subsidiaries are listed below. Ameren has other subsidiaries that conduct other activities, such as providing shared services.
Union Electric Company, doing business as Ameren Missouri, operates a rate-regulated electric generation, transmission, and distribution business and a rate-regulated natural gas distribution business in Missouri.
Ameren Illinois Company, doing business as Ameren Illinois, operates rate-regulated electric transmission, electric distribution, and natural gas distribution businesses in Illinois.
ATXI operates a FERC rate-regulated electric transmission business in the MISO.
Consolidation
Ameren’s and Ameren Missouri’s financial statements are prepared on a consolidated basis and therefore include the accounts of their majority-owned subsidiaries. All intercompany transactions have been eliminated. Ameren Missouri’s subsidiaries were created for the ownership of renewable generation projects. Ameren Illinois has no subsidiaries. All tabular dollar amounts are in millions, unless otherwise indicated.
Our accounting policies conform to GAAP. Our financial statements reflect all adjustments (which include normal, recurring adjustments) that are necessary, in our opinion, for a fair presentation of our results. The preparation of financial statements in conformity with GAAP requires management to make certain estimates and assumptions. Such estimates and assumptions affect reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the dates of financial statements, and reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. The results of operations for an interim period may not give a true indication of results that may be expected for a full year. These financial statements should be read in conjunction with the financial statements and accompanying notes included in the Form 10-K.
Consolidation, Variable Interest Entity, Policy
Variable Interest Entities
As of March 31, 2022, and December 31, 2021, Ameren had unconsolidated variable interests as a limited partner in various equity method investments, primarily to advance clean and resilient energy technologies, totaling $60 million and $56 million, respectively, included in “Other assets” on Ameren’s consolidated balance sheet. Any earnings or losses related to these investments are included in “Other Income, Net” on Ameren’s consolidated statement of income and comprehensive income. Ameren is not the primary beneficiary of these investments because it does not have the power to direct matters that most significantly affect the activities of these variable interest entities. As of March 31, 2022, the maximum exposure to loss related to these variable interests is limited to the investment in these partnerships of $60 million plus associated outstanding funding commitments of $28 million.
Derivatives, Policy
We use derivatives to manage the risk of changes in market prices for natural gas, power, and uranium, as well as the risk of changes in rail transportation surcharges through fuel oil hedges. Such price fluctuations may cause the following:
an unrealized appreciation or depreciation of our contracted commitments to purchase or sell when purchase or sale prices under the commitments are compared with current commodity prices;
market values of natural gas and uranium inventories that differ from the cost of those commodities in inventory;
actual cash outlays for the purchase of these commodities that differ from anticipated cash outlays; and
actual off-system sales revenues that differ from anticipated revenues.
The derivatives that we use to hedge these risks are governed by our risk management policies for forward contracts, futures, options, and swaps. Our net positions are continually assessed within our structured hedging programs to determine whether new or offsetting transactions are required. The goal of the hedging program is generally to mitigate financial risks while ensuring that sufficient volumes are available to meet our requirements. Contracts we enter into as part of our risk management program may be settled financially, settled by physical delivery, or net settled with the counterparty.
All contracts considered to be derivative instruments are required to be recorded on the balance sheet at their fair values, unless the NPNS exception applies. Many of our physical contracts, such as our purchased power contracts, qualify for the NPNS exception to derivative accounting rules. The revenue or expense on NPNS contracts is recognized at the contract price upon physical delivery. The following disclosures exclude NPNS contracts and other non-derivative commodity contracts that are accounted for under the accrual method of accounting.
If we determine that a contract meets the definition of a derivative and is not eligible for the NPNS exception, we review the contract to determine whether the resulting gains or losses qualify for regulatory deferral. Derivative contracts that qualify for regulatory deferral are recorded at fair value, with changes in fair value recorded as regulatory assets or liabilities in the period in which the change occurs. We
believe derivative losses and gains deferred as regulatory assets and liabilities are probable of recovery, or refund, through future rates charged to customers. Regulatory assets and liabilities are amortized to operating income as related losses and gains are reflected in rates charged to customers. Therefore, gains and losses on these derivatives have no effect on operating income.We believe that entering into master netting arrangements or similar agreements mitigates the level of financial loss that could result from default by allowing net settlement of derivative assets and liabilities. These master netting arrangements allow the counterparties to net settle sale and purchase transactions. Further, collateral requirements are calculated at the master netting arrangement or similar agreement level by counterparty.
Life Insurance, Corporate Or Bank Owned
Company-owned Life Insurance
Ameren and Ameren Illinois have company-owned life insurance, which is recorded at the net cash surrender value. The net cash
surrender value is the amount that can be realized under the insurance policies at the balance sheet date.
Deferred Compensation
Deferred Compensation
At March 31, 2022, and December 31, 2021, the present value of benefits to be paid for deferred compensation obligations was $91 million in both periods, which was primarily reflected in “Other deferred credits and liabilities” on Ameren's consolidated balance sheet.
Revenue from Contract with Customer
Operating Revenues
As of March 31, 2022 and 2021, our remaining performance obligations for contracts with a term greater than one year were immaterial. The Ameren Companies elected not to disclose the aggregate amount of the transaction price allocated to the performance obligations that are unsatisfied as of the end of the reporting period for contracts with an initial expected term of one year or less.
See Note 14 – Segment Information for disaggregated revenue information.
Excise Taxes Excise TaxesAmeren Missouri and Ameren Illinois collect from their customers excise taxes, including municipal and state excise taxes and gross receipts taxes that are levied on the sale or distribution of natural gas and electricity.
v3.22.1
Short-Term Debt and Liquidity (Tables)
3 Months Ended
Mar. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Short-term Debt
The following table presents commercial paper outstanding, net of issuance discounts, as of March 31, 2022, and December 31, 2021. There were no borrowings outstanding under the Credit Agreements as of March 31, 2022, or December 31, 2021.
March 31, 2022December 31, 2021
Ameren (parent)$466 $277 
Ameren Missouri528 165 
Ameren Illinois107 103 
Ameren consolidated$1,101 $545 
The following table summarizes the activity and relevant interest rates for Ameren (parent)’s, Ameren Missouri’s, and Ameren Illinois’ commercial paper issuances and borrowings under the Credit Agreements in the aggregate for the three months ended March 31, 2022 and 2021:
Ameren
(parent)
Ameren
Missouri
Ameren
Illinois
Ameren
Consolidated
2022
Average daily amount outstanding$282 $408 $99 $789 
Weighted-average interest rate0.41 %0.44 %0.33 %0.41 %
Peak amount outstanding during period(a)
$466 $539 $142 $1,101 
Peak interest rate1.05 %1.06 %1.15 %1.15 %
2021
Average daily amount outstanding$454 $99 $96 $649 
Weighted-average interest rate0.25 %0.22 %0.21 %0.24 %
Peak amount outstanding during period(a)
$650 $206 $353 $916 
Peak interest rate0.33 %0.25 %0.25 %0.33 %
(a)The timing of peak outstanding commercial paper issuances and borrowings under the Credit Agreements varies by company. Therefore, the sum of individual company peak amounts may not equal the Ameren consolidated peak for the period.
v3.22.1
Other Income, Net (Tables)
3 Months Ended
Mar. 31, 2022
Other Nonoperating Income (Expense) [Abstract]  
Other Income And Expenses
The following table presents the components of “Other Income, Net” in the Ameren Companies’ statements of income for the three months ended March 31, 2022 and 2021:
Three Months
20222021
Ameren:
Allowance for equity funds used during construction
$8 $
Interest income on industrial development revenue bonds
6 
Non-service cost components of net periodic benefit income(a)
46 34 
Miscellaneous income
7 
Donations
(2)(3)
Miscellaneous expense
(5)(3)
Total Other Income, Net$60 $46 
Ameren Missouri:
Allowance for equity funds used during construction
$4 $
Interest income on industrial development revenue bonds
6 
Non-service cost components of net periodic benefit income(a)
14 14 
Miscellaneous income
2 
Donations
(1)— 
Miscellaneous expense
(2)(2)
Total Other Income, Net$23 $23 
Ameren Illinois:
Allowance for equity funds used during construction
$4 $
Non-service cost components of net periodic benefit income
21 14 
Miscellaneous income
2 
Donations
(1)(3)
Miscellaneous expense(2)(1)
Total Other Income, Net$24 $14 
(a)For the three months ended March 31, 2022 and 2021, the non-service cost components of net periodic benefit income were adjusted by amounts deferred of $6 million and less than $(1) million, respectively, due to a regulatory tracking mechanism for the difference between the level of such costs incurred by Ameren Missouri under GAAP and the level of such costs included in rates.
v3.22.1
Derivative Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Open Gross Derivative Volumes By Commodity Type
The following table presents open gross commodity contract volumes by commodity type for derivative assets and liabilities as of March 31, 2022, and December 31, 2021. As of March 31, 2022, these contracts extended through October 2024, October 2027, May 2032 and March 2024 for fuel oils, natural gas, power and uranium, respectively.
Quantity (in millions)
March 31, 2022December 31, 2021
CommodityAmeren MissouriAmeren IllinoisAmerenAmeren MissouriAmeren IllinoisAmeren
Fuel oils (in gallons)25  25 30 — 30 
Natural gas (in mmbtu)36 146 182 35 144 179 
Power (in MWhs)4 6 10 12 
Uranium (pounds in thousands)496  496 586 — 586 
Derivative Instruments Carrying Value
The following table presents the carrying value and balance sheet location of all derivative commodity contracts, none of which were designated as hedging instruments, as of March 31, 2022, and December 31, 2021:
March 31, 2022December 31, 2021
Balance Sheet LocationAmeren
Missouri
Ameren
Illinois
AmerenAmeren
Missouri
Ameren
Illinois
Ameren
Fuel oilsMark-to-market derivative assets$(a)$ $18 $(a)$— $
Other current assets18   — — 
Other assets8  8 — 
Natural gasMark-to-market derivative assets(a)74 90 (a)28 35 
Other current assets16   — — 
Other assets10 23 33 13 18 
PowerMark-to-market derivative assets(a)5 24 (a)— 23 
Other current assets19   23 — — 
Other assets   — — — 
UraniumMark-to-market derivative assets(a) 5 (a)— — 
Other current assets5   — — — 
Other assets2  2 — 
Total assets$78 $102 $180 $49 $41 $90 
Natural gasMark-to-market derivative liabilities (a)(a)(a)(a)
Other current liabilities 2 2 — 
Other deferred credits and liabilities1 1 2 
PowerMark-to-market derivative liabilities109 (a)(a)50 (a)(a)
Other current liabilities 1 110 — 59 
Other deferred credits and liabilities26 78 104 23 108 131 
UraniumMark-to-market derivative liabilities (a)(a)(a)(a)
Other current liabilities   — — 
Total liabilities$136 $82 $218 $77 $125 $202 
(a)Balance sheet line item not applicable to registrant.
Offsetting Assets and Liabilities
The following table provides the recognized gross derivative balances and the net amounts of those derivatives subject to an enforceable master netting arrangement or similar agreement as of March 31, 2022, and December 31, 2021.
Gross Amounts Not Offset in the Balance Sheet
Commodity Contracts Eligible to be OffsetGross Amounts Recognized in the Balance SheetDerivative Instruments
Cash Collateral Received/Posted(a)
Net
Amount
2022
Assets:
Ameren Missouri$78 $19 $5 $54 
Ameren Illinois102 6 9 87 
Ameren$180 $25 $14 $141 
Liabilities:
Ameren Missouri$136 $19 $92 $25 
Ameren Illinois82 6  76 
Ameren$218 $25 $92 $101 
2021
Assets:
Ameren Missouri$49 $15 $— $34 
Ameren Illinois41 — 37 
Ameren$90 $19 $— $71 
Liabilities:
Ameren Missouri$77 $15 $47 $15 
Ameren Illinois125 — 121 
Ameren$202 $19 $47 $136 
(a)Cash collateral received reduces gross asset balances and is included in “Other current liabilities” and “Other deferred credits and liabilities” on the balance sheet. Cash collateral posted reduces gross liability balances and is included in “Other current assets” and “Other assets” on the balance sheet.
Derivative Instruments With Credit Risk-Related Contingent Features The following table presents, as of March 31, 2022, the aggregate fair value of all derivative instruments with credit risk-related contingent features in a gross liability position, the cash collateral posted, and the aggregate amount of additional collateral that counterparties could require.
Aggregate Fair Value of
Derivative Liabilities(a)
Cash
Collateral Posted
Potential Aggregate Amount of
Additional Collateral Required(b)
Ameren Missouri$36 $18 $
Ameren Illinois— 
Ameren$40 $18 $11 
(a)Before consideration of master netting arrangements or similar agreements.
(b)As collateral requirements with certain counterparties are based on master netting arrangements or similar agreements, the aggregate amount of additional collateral required to be posted is determined after consideration of the effects of such arrangements.
v3.22.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2022
Fair Value Disclosures [Abstract]  
Schedule Of Fair Value Hierarchy Of Assets And Liabilities Measured At Fair Value On Recurring Basis
The following table sets forth, by level within the fair value hierarchy, our assets and liabilities measured at fair value on a recurring basis as of March 31, 2022, and December 31, 2021:
March 31, 2022December 31, 2021
Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Assets:
Ameren Missouri
Derivative assets – commodity contracts:
Fuel oils$24 $ $2 $26 $13 $— $— $13 
Natural gas 26  26 — 12 — 12 
Power18  1 19 10 — 13 23 
Uranium  7 7 — — 
Total derivative assets – commodity contracts$42 $26 $10 $78 $23 $12 $14 $49 
Nuclear decommissioning trust fund:
Equity securities:
U.S. large capitalization$719 $ $ $719 $824 $— $— $824 
Debt securities:
U.S. Treasury and agency securities 174  174 — 141 — 141 
Corporate bonds 133  133 — 131 — 131 
Other 61  61 — 56 — 56 
Total nuclear decommissioning trust fund$719 $368 $ $1,087 
(a)
$824 $328 $— $1,152 
(a)
Total Ameren Missouri$761 $394 $10 $1,165 $847 $340 $14 $1,201 
Ameren Illinois
Derivative assets – commodity contracts:
Natural gas$7 $77 $13 $97 $$33 $$41 
Power  5 5 — — — — 
Total Ameren Illinois$7 $77 $18 $102 $$33 $$41 
Ameren
Derivative assets – commodity contracts(b)
$49 $103 $28 $180 $24 $45 $21 $90 
Nuclear decommissioning trust fund(c)
719 368  1,087 
(a)
824 328 — 1,152 
(a)
Total Ameren$768 $471 $28 $1,267 $848 $373 $21 $1,242 
Liabilities:
Ameren Missouri
Derivative liabilities – commodity contracts:
Natural gas$ $1 $ $1 $— $$$
Power81  54 135 45 — 28 73 
Uranium    — — 
Total Ameren Missouri$81 $1 $54 $136 $45 $$30 $77 
March 31, 2022December 31, 2021
Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Ameren Illinois
Derivative liabilities – commodity contracts:
Natural gas$ $1 $2 $3 $— $$$
Power  79 79 — — 117 117 
Total Ameren Illinois$ $1 $81 $82 $— $$120 $125 
Ameren
Derivative liabilities – commodity contracts(b)
$81 $2 $135 $218 $45 $$150 $202 
(a)Balance excludes $7 million of cash and cash equivalents, receivables, payables, and accrued income, net, for both March 31, 2022, and December 31, 2021.
(b)See the Ameren Missouri and Ameren Illinois sections of the table for a breakout of the fair value of Ameren’s derivative assets and liabilities by type of commodity.
(c)See the Ameren Missouri section of the table for a breakout of the fair value of Ameren's nuclear decommissioning trust fund by investment type.
Schedule Of Changes In The Fair Value Of Financial Assets And Liabilities Classified As Level Three In The Fair Value Hierarchy The following table presents the fair value reconciliation of Level 3 power derivative contract assets and liabilities measured at fair value on a recurring basis for the three months ended March 31, 2022 and 2021:
20222021
Ameren MissouriAmeren IllinoisAmerenAmeren MissouriAmeren IllinoisAmeren
For the three months ended March 31:
Beginning balance at January 1$(15)$(117)$(132)$$(198)$(196)
Realized and unrealized gains/(losses) included in regulatory assets/liabilities(41)42 1 (5)
Settlements3 1 4 — 
Ending balance at March 31
$(53)$(74)$(127)$(3)$(185)$(188)
Change in unrealized gains/(losses) related to assets/liabilities held at March 31
$(38)$42 $4 $(3)$$
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques
The following table describes the valuation techniques and significant unobservable inputs utilized for the fair value of our Level 3 power derivative contract assets and liabilities as of March 31, 2022, and December 31, 2021:
Fair Value
Weighted Average(b)
CommodityAssetsLiabilitiesValuation Technique(s)
Unobservable Input(a)
Range
2022
Power(c)
$6$(133)Discounted cash flow
Average forward peak and off-peak pricing  forwards/swaps ($/MWh)
35 – 82
51
Nodal basis ($/MWh)
(16) – 0
(3)
Trend rate (%)(e)(1)
2021
Power(d)
$13$(145)Discounted cash flowAverage forward peak and off-peak pricing – forwards/swaps ($/MWh)
32 – 55
40
Nodal basis ($/MWh)
(14) – 0
(2)
Trend rate (%)(e)0
(a)Generally, significant increases (decreases) in these inputs in isolation would result in a significantly higher (lower) fair value measurement.
(b)Unobservable inputs were weighted by relative fair value.
(c)Valuations through 2031 use visible forward prices adjusted for nodal-to-hub basis differentials. Valuations beyond 2031 use a trend rate factor and are similarly adjusted for nodal-to-hub basis differentials.
(d)Valuations through 2029 use visible forward prices adjusted for nodal-to-hub basis differentials. Valuations beyond 2029 use a trend rate factor and are similarly adjusted for nodal-to-hub basis differentials.
(e)No meaningful range around weighted average.
Schedule of Financial Assets and Liabilities
The following table sets forth the carrying amount and, by level within the fair value hierarchy, the fair value of financial assets and liabilities disclosed, but not recorded, at fair value as of March 31, 2022, and December 31, 2021:
Carrying
Amount
Fair Value
Level 1Level 2Level 3Total
March 31, 2022
Ameren:
Cash, cash equivalents, and restricted cash$154 $154 $ $ $154 
Investments in industrial development revenue bonds(a)
248  248  248 
Short-term debt1,101  1,101  1,101 
Long-term debt (including current portion)(a)
13,068 
(b)
 12,615 526 
(c)
13,141 
Ameren Missouri:
Cash, cash equivalents, and restricted cash$9 $9 $ $ $9 
Investments in industrial development revenue bonds(a)
248  248  248 
Short-term debt528  528  528 
Long-term debt (including current portion)(a)
5,619 
(b)
 5,701  5,701 
Ameren Illinois:
Cash, cash equivalents, and restricted cash$137 $137 $ $ $137 
Short-term debt107  107  107 
Long-term debt (including current portion)4,393 
(b)
 4,457  4,457 
December 31, 2021
Ameren:
Cash, cash equivalents, and restricted cash$155 $155 $— $— $155 
Investments in industrial development revenue bonds(a)
248 — 248 — 248 
Short-term debt545 — 545 — 545 
Long-term debt (including current portion)(a)
13,067 
(b)
— 13,930 591 
(c)
14,521 
Ameren Missouri:
Cash, cash equivalents, and restricted cash$$$— $— $
Investments in industrial development revenue bonds(a)
248 — 248 — 248 
Short-term debt165 — 165 — 165 
Long-term debt (including current portion)(a)
5,619 
(b)
— 6,321 — 6,321 
Ameren Illinois:
Cash, cash equivalents, and restricted cash$133 $133 $— $— $133 
Short-term debt103 — 103 — 103 
Long-term debt (including current portion)4,392 
(b)
— 4,971 — 4,971 
(a)Ameren and Ameren Missouri have investments in industrial development revenue bonds, classified as held-to-maturity and recorded in “Other Assets,” that are equal to the finance obligations for the Peno Creek and Audrain CT energy centers. As of March 31, 2022, and December 31, 2021, the carrying amount of both the investments in industrial development revenue bonds and the finance obligations approximated fair value.
(b)Included unamortized debt issuance costs, which were excluded from the fair value measurement, of $94 million, $38 million, and $38 million for Ameren, Ameren Missouri, and Ameren Illinois, respectively, as of March 31, 2022. Included unamortized debt issuance costs, which were excluded from the fair value measurement, of $94 million, $38 million, and $39 million for Ameren, Ameren Missouri, and Ameren Illinois, respectively, as of December 31, 2021.
(c)The Level 3 fair value amount consists of ATXI’s senior unsecured notes.
v3.22.1
Related Party Transactions (Tables)
3 Months Ended
Mar. 31, 2022
Related Party Transactions [Abstract]  
Schedule of Affiliate Receivables and Payables The following table presents the affiliate balances related to income taxes for Ameren Missouri and Ameren Illinois as of March 31, 2022, and December 31, 2021:
March 31, 2022December 31, 2021
Ameren MissouriAmeren IllinoisAmeren MissouriAmeren Illinois
Income taxes payable to parent(a)
$ $42 $— $
Income taxes receivable from parent(b)
33  27 18 
(a)Included in “Accounts payable – affiliates” on the balance sheet.
(b)Included in “Accounts receivable – affiliates” on the balance sheet.
Schedule of Related Party Transactions
The following table presents the impact on Ameren Missouri and Ameren Illinois of related-party transactions for the three months ended March 31, 2022 and 2021:
Three Months
AgreementIncome Statement
Line Item
Ameren
Missouri
Ameren
Illinois
Ameren Missouri power supplyOperating Revenues2022$4 $(a)
agreements with Ameren Illinois
2021(a)
Ameren Missouri and Ameren IllinoisOperating Revenues2022$6 $(b)
rent and facility services
2021(b)
Ameren Missouri and Ameren Illinois miscellaneousOperating Revenues2022$(b)$1 
support services and other services provided to ATXI2021(b)(b)
Total Operating Revenues2022$10 $1 
2021(b)
Ameren Illinois power supplyPurchased Power2022$(a)$4 
agreements with Ameren Missouri
2021(a)
Ameren Missouri and Ameren IllinoisPurchased Power2022$(b)$(b)
transmission services from ATXI2021(b)
Total Purchased Power2022$(b)$4 
2021
Ameren Missouri and Ameren IllinoisOther Operations and Maintenance2022$(b)$1 
rent and facility services
2021(b)
Ameren Services support servicesOther Operations and Maintenance2022$38 $35 
agreement
202135 33 
Total Other Operations and2022$38 $36 
Maintenance202135 34 
Money pool borrowings (advances)(Interest Charges)/Other Income, Net2022$(b)$(b)
2021(b)(b)
(a)Not applicable.
(b)Amount less than $1 million.
v3.22.1
Callaway Energy Center (Tables)
3 Months Ended
Mar. 31, 2022
Nuclear Waste Matters [Abstract]  
Schedule of Insurance Coverage at Callaway Energy Center
The following table presents insurance coverage at Ameren Missouri’s Callaway Energy Center at April 1, 2022:
Type and Source of CoverageMost Recent
Renewal Date
Maximum CoveragesMaximum Assessments
for Single Incidents
Public liability and nuclear worker liability:
American Nuclear InsurersJanuary 1, 2022$450 $— 
Pool participation(a)13,073 
(a) 
138 
(b) 
$13,523 
(c) 
$138 
Property damage:
NEIL and EMANIApril 1, 2022$3,200 
(d)
$26 
(e) 
Accidental outage:
NEILApril 1, 2022$490 
(f) 
$
(e) 
(a)Provided through mandatory participation in an industrywide retrospective premium assessment program. The maximum coverage available is dependent on the number of United States commercial reactors participating in the program.
(b)Retrospective premium under the Price-Anderson Act. This is subject to retrospective assessment with respect to a covered loss in excess of $450 million in the event of an incident at any licensed United States commercial reactor, payable at $21 million per year.
(c)Limit of liability for each incident under the Price-Anderson liability provisions of the Atomic Energy Act of 1954, as amended. This limit is subject to change to account for the effects of inflation and changes in the number of licensed power reactors.
(d)NEIL provides $2.7 billion in property damage, stabilization, decontamination, and premature decommissioning insurance for radiation events and $2.3 billion in property damage insurance for nonradiation events. EMANI provides $490 million in property damage insurance for both radiation and nonradiation events.
(e)All NEIL-insured plants could be subject to assessments should losses exceed the accumulated funds from NEIL.
(f)Accidental outage insurance provides for lost sales in the event of a prolonged accidental outage. Weekly indemnity up to $4.5 million for 52 weeks, which commences after the first 12 weeks of an outage, plus up to $3.6 million per week for a minimum of 71 weeks thereafter for a total not exceeding the policy limit of $490 million. Nonradiation events are limited to $328 million.
v3.22.1
Retirement Benefits (Tables)
3 Months Ended
Mar. 31, 2022
Retirement Benefits [Abstract]  
Components Of Net Periodic Benefit Cost
The following table presents the components of the net periodic benefit cost (income) incurred for Ameren’s pension and postretirement benefit plans for the three months ended March 31, 2022 and 2021:
Pension BenefitsPostretirement Benefits
Three MonthsThree Months
2022202120222021
Service cost(a)
$33 $33 $5 $
Non-service cost components:
Interest cost40 38 8 
Expected return on plan assets(80)(75)(21)(20)
Amortization of:
Prior service benefit — (1)(1)
Actuarial loss (gain)6 17 (4)(1)
Total non-service cost components(b)
$(34)$(20)$(18)$(14)
Net periodic benefit cost (income)$(1)$13 $(13)$(8)
(a)Service cost, net of capitalization, is reflected in “Operating Expenses – Other operations and maintenance” on Ameren’s statement of income.
(b)Non-service cost components are reflected in “Other Income, Net” on Ameren’s statement of income. See Note 5 – Other Income, Net, for additional information.
Summary Of Benefit Plan Costs Incurred
Ameren Missouri and Ameren Illinois are responsible for their respective share of Ameren’s pension and other postretirement costs. The following table presents the respective share of net periodic pension and other postretirement benefit costs (income) incurred for the three months ended March 31, 2022 and 2021:
Pension BenefitsPostretirement Benefits
Three MonthsThree Months
2022202120222021
Ameren Missouri(a)
$(1)$$(3)$(1)
Ameren Illinois1 (10)(7)
Other(1)(1) — 
Ameren(a)
$(1)$13 $(13)$(8)
(a)Does not include the impact of the regulatory tracking mechanism for the difference between the level of pension and postretirement benefit costs incurred by Ameren Missouri under GAAP and the level of such costs included in rates.
v3.22.1
Income Taxes Income Taxes (Tables)
3 Months Ended
Mar. 31, 2022
Income Tax Disclosure [Abstract]  
Schedule of Effective Income Tax Rate Reconciliation
The following table presents a reconciliation of the federal statutory corporate income tax rate to the effective income tax rate for the three months ended March 31, 2022 and 2021:
AmerenAmeren MissouriAmeren Illinois
202220212022202120222021
Three Months
Federal statutory corporate income tax rate21 %21 %21 %21 %21 %21 %
Increases (decreases) from:
Amortization of deferred investment tax credit (1)(1)(1) — 
Amortization of excess deferred taxes(a)
(8)(9)

(16)(17)

(2)(2)
Depreciation differences —   (1)
Renewable and other tax credits(b)
(5)(6)(11)(11) — 
State tax5 3 7 
Stock-based compensation(1)(1) —  — 
Effective income tax rate12 %10 %(4)%(4)%26 %25 %
(a)Reflects the amortization of amounts resulting from the revaluation of deferred income taxes subject to regulatory ratemaking, which are being refunded to customers. Deferred income taxes are revalued when federal or state income tax rates change, and the offset to the revaluation of deferred income taxes subject to regulatory ratemaking is recorded to a regulatory asset or liability.
(b)Includes credits associated with the High Prairie and Atchison renewable energy centers. Ameren Missouri placed the High Prairie renewable energy center in service in December 2020. Additionally, Ameren Missouri placed in service the wind turbines at its Atchison renewable energy center throughout the first half of 2021. The benefit of the credits associated with Missouri renewable energy standard compliance is refunded to customers through the RESRAM.
v3.22.1
Supplemental Information (Tables)
3 Months Ended
Mar. 31, 2022
Supplemental Information [Abstract]  
Schedule of Cash and Cash Equivalents Including Restricted Cash
The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the balance sheets and the statements of cash flows at March 31, 2022, and December 31, 2021:
March 31, 2022December 31, 2021
AmerenAmeren
Missouri
Ameren
Illinois
AmerenAmeren
Missouri
Ameren
Illinois
“Cash and cash equivalents”$7 $1 $ $$— $— 
Restricted cash included in “Other current assets”10 3 5 16 
Restricted cash included in “Other assets”132  132 127 — 127 
Restricted cash included in “Nuclear decommissioning trust fund”5 5  — 
Total cash, cash equivalents, and restricted cash$154 $9 $137 $155 $$133 
Schedule of Accounts, Notes, Loans and Financing Receivable
The following table provides a reconciliation of the beginning and ending amount of the allowance for doubtful accounts for the three months ended March 31, 2022 and 2021:
Three Months
20222021
Ameren:
Beginning of period$29 $50 
Bad debt expense4 
Net write-offs(5)(7)
End of period$28 $47 
Ameren Missouri:
Beginning of period$13 $16 
Bad debt expense1 
Net write-offs(3)(2)
End of period$11 $15 
Ameren Illinois:(a)
Beginning of period$16 $34 
Bad debt expense3 
Net write-offs(2)(5)
End of period$17 $32 
(a)Ameren Illinois has rate-adjustment mechanisms that allow it to recover the difference between its actual net bad debt write-offs under GAAP, including those associated with receivables purchased from alternative retail electric suppliers, and the amount of net bad debt write-offs included in its base rates.
Schedule of Cash Flow, Supplemental Disclosures
The following table provides noncash financing and investing activity excluded from the statements of cash flows for the three months ended March 31, 2022 and 2021:
March 31, 2022March 31, 2021
AmerenAmeren
Missouri
Ameren
Illinois
AmerenAmeren
Missouri
Ameren
Illinois
Investing
Accrued capital expenditures$345 $194 $147 $271 $141 $139 
Net realized and unrealized gain/(loss) – nuclear decommissioning trust fund(71)(71) 22 22 — 
Financing
Issuance of common stock for stock-based compensation$31 $ $ $33 $— $— 
Issuance of common stock under the DRPlus8   — — — 
Asset Retirement Obligation Disclosure
The following table provides a reconciliation of the beginning and ending carrying amount of AROs for the three months ended March 31, 2022:
Ameren
Missouri
Ameren
Illinois
Ameren
Balance at December 31, 2021
$760 
(a)
$
(b)
$764 
(a)
Accretion
(c)
— 

(c)
Change in estimates
(d)
— 
(d)
Balance at March 31, 2022
$772 
(a)
$
(b)
$776 
(a)
(a)Balance included $7 million in “Other current liabilities” on the balance sheet as of both March 31, 2022, and December 31, 2021.
(b)Included in “Other deferred credits and liabilities” on the balance sheet.
(c)Accretion expense attributable to Ameren Missouri was recorded as a decrease to regulatory liabilities.
(d)Ameren Missouri changed its fair value estimate primarily due to the change in useful life of the Sioux Energy Center, as reflected in depreciation rates approved by the December 2021 electric rate order, which became effective in 2022.
Schedule of excise taxes The following table presents the excise taxes recorded on a gross basis in “Operating Revenues – Electric,” “Operating Revenues – Natural gas” and “Operating Expenses – Taxes other than income taxes” on the statements of income for the three months ended March 31, 2022 and 2021:
Three Months
20222021
Ameren Missouri$34 $31 
Ameren Illinois45 39 
Ameren$79 $70 
Schedule of Earnings Per Share, Basic and Diluted
The following table reconciles the basic weighted-average number of common shares outstanding to the diluted weighted-average number of common shares outstanding for the three months ended March 31, 2022 and 2021:
Three Months
20222021
Weighted-average Common Shares Outstanding – Basic257.9 254.4 
Assumed settlement of performance share units and restricted stock units1.1 1.5 
Weighted-average Common Shares Outstanding – Diluted(a)
259.0 255.9 
(a)There was an immaterial number of anti-dilutive securities excluded from the earnings per diluted share calculations for the three months ended March 31, 2022. There were no anti-dilutive securities excluded from the earnings per diluted share calculations for the three months ended March 31, 2021.
v3.22.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Schedule Of Segment Reporting Information By Segment
The following tables present revenues, net income attributable to common shareholders, and capital expenditures by segment at Ameren and Ameren Illinois for the three months ended March 31, 2022 and 2021. Ameren, Ameren Missouri, and Ameren Illinois management review segment capital expenditure information rather than any individual or total asset amount. For additional information about our segments, see Note 16 – Segment Information under Part II, Item 8, of the Form 10-K.
Ameren
Ameren MissouriAmeren Illinois Electric DistributionAmeren Illinois Natural GasAmeren TransmissionOtherIntersegment EliminationsAmeren
Three Months 2022:
External revenues$808 $464 $481 $126 $ $ $1,879 
Intersegment revenues10 1  20  (31) 
Net income attributable to Ameren common shareholders50 49 80 58 
(a)
15  252 
Capital expenditures414 138 49 172 2 (1)774 
Three Months 2021:
External revenues$695 $411 $347 $113 $— $— $1,566 
Intersegment revenues— — 17 — (26)— 
Net income attributable to Ameren common shareholders47 46 75 47 
(a)
18 — 233 
Capital expenditures534 
(b)
157 48 141 887 
(b)
(a)Ameren Transmission earnings reflect an allocation of financing costs from Ameren (parent).
(b)Includes $193 million at Ameren and Ameren Missouri for wind generation expenditures for the three months ended March 31, 2021.
Ameren Illinois
Ameren Illinois Electric DistributionAmeren Illinois Natural GasAmeren Illinois TransmissionIntersegment EliminationsAmeren Illinois
Three Months 2022:
External revenues$465 $481 $78 $ $1,024 
Intersegment revenues  20 (20) 
Net income available to common shareholder49 80 40  169 
Capital expenditures138 49 155  342 
Three Months 2021:
External revenues$411 $347 $65 $— $823 
Intersegment revenues— — 16 (16)— 
Net income available to common shareholder46 75 28 — 149 
Capital expenditures157 48 132 — 337 
Disaggregation of Revenue
The following tables present disaggregated revenues by segment at Ameren and Ameren Illinois for the three months ended March 31, 2022 and 2021. Economic factors affect the nature, timing, amount, and uncertainty of revenues and cash flows in a similar manner across customer classes. Revenues from alternative revenue programs have a similar distribution among customer classes as revenues from contracts with customers. Other revenues not associated with contracts with customers are presented in the Other customer classification, along with electric transmission and off-system revenues.
Ameren
Ameren MissouriAmeren Illinois Electric DistributionAmeren Illinois Natural GasAmeren TransmissionIntersegment EliminationsAmeren
Three Months 2022:
Residential$332 $263 $ $ $ $595 
Commercial240 158    398 
Industrial57 45    102 
Other109 (1) 146 (31)223 
Total electric revenues$738 $465 $ $146 $(31)$1,318 
Residential$51 $ $369 $ $ $420 
Commercial22  97   119 
Industrial2  17   19 
Other5  (2)  3 
Total natural gas revenues$80 $ $481 $ $ $561 
Total revenues(a)
$818 $465 $481 $146 $(31)$1,879 
Three Months 2021:
Residential$312 $229 $— $— $— $541 
Commercial216 132 — — — 348 
Industrial52 34 — — — 86 
Other61 16 — 130 (26)181 
Total electric revenues$641 $411 $— $130 $(26)$1,156 
Residential$34 $— $251 $— $— $285 
Commercial15 — 64 — — 79 
Industrial— 14 — — 15 
Other13 — 18 — — 31 
Total natural gas revenues$63 $— $347 $— $— $410 
Total revenues(a)
$704 $411 $347 $130 $(26)$1,566 
(a)The following table presents increases/(decreases) in revenues from alternative revenue programs and other revenues not from contracts with customers for the three months ended March 31, 2022 and 2021:
Ameren MissouriAmeren Illinois Electric DistributionAmeren Illinois Natural GasAmeren TransmissionAmeren
Three Months 2022:
Revenues from alternative revenue programs$(6)$55 $(5)$1 $45 
Other revenues not from contracts with customers 
(a)
2 1  3 
(a)
Three Months 2021:
Revenues from alternative revenue programs$(10)$61 $$(1)$53 
Other revenues not from contracts with customers(2)— 
(a)Includes insurance recoveries related to lost sales associated with the Callaway Energy Center maintenance outage. See Note 10 Callaway Energy Center for additional information.
Ameren Illinois
Ameren Illinois Electric DistributionAmeren Illinois Natural GasAmeren Illinois TransmissionIntersegment EliminationsAmeren Illinois
Three Months 2022:
Residential$263 $369 $ $ $632 
Commercial158 97   255 
Industrial45 17   62 
Other(1)(2)98 (20)75 
Total revenues(a)
$465 $481 $98 $(20)$1,024 
Three Months 2021:
Residential$229 $251 $— $— $480 
Commercial132 64 — — 196 
Industrial34 14 — — 48 
Other16 18 81 (16)99 
Total revenues(a)
$411 $347 $81 $(16)$823 
(a)The following table presents increases/(decreases) in revenues from alternative revenue programs and other revenues not from contracts with customers for the Ameren Illinois segments for the three months ended March 31, 2022 and 2021:
Ameren Illinois Electric DistributionAmeren Illinois Natural GasAmeren Illinois TransmissionAmeren Illinois
Three Months 2022:
Revenues from alternative revenue programs$55 $(5)$1 $51 
Other revenues not from contracts with customers2 1  3 
Three Months 2021:
Revenues from alternative revenue programs$61 $$(1)$63 
Other revenues not from contracts with customers— 
v3.22.1
Summary of Significant Accounting Policies (Narrative) (Details) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Basis Of Presentation And Significant Accounting Policies [Line Items]    
Unconsolidated variable interest $ 60 $ 56
Cash Surrender Value of Life Insurance 258 278
Corporate owned life insurance, borrowings 103 109
Ameren Illinois Company    
Basis Of Presentation And Significant Accounting Policies [Line Items]    
Cash Surrender Value of Life Insurance 112 117
Corporate owned life insurance, borrowings 103 $ 109
Partnership Funding Commitment    
Basis Of Presentation And Significant Accounting Policies [Line Items]    
Outstanding funding commitments $ 28  
v3.22.1
Rate And Regulatory Matters (Narrative-Illinois) (Details) - Ameren Illinois Company
$ in Millions
3 Months Ended
Mar. 31, 2022
USD ($)
Rate And Regulatory Matters [Line Items]  
Annual investment in energy-efficiency programs $ 120
Electric Distribution | Minimum  
Rate And Regulatory Matters [Line Items]  
Return on equity adjustment 0.20%
Electric Distribution | Maximum  
Rate And Regulatory Matters [Line Items]  
Return on equity adjustment 0.60%
Pending Rate Case | Electric Distribution | IEIMA  
Rate And Regulatory Matters [Line Items]  
Public Utilities, Requested Rate Increase (Decrease), Amount $ 83
Public Utilities, Requested Equity Capital Structure, Percentage 54.00%
Pending Rate Case | Natural gas  
Rate And Regulatory Matters [Line Items]  
Natural Gas Capital Investment Prudency Challenge $ 70
Challenged Recoveries Under the QIP $ 3
v3.22.1
Rate And Regulatory Matters (Narrative-Federal) (Details) - USD ($)
$ in Millions
1 Months Ended
May 31, 2020
Mar. 31, 2022
Dec. 31, 2021
Rate And Regulatory Matters [Line Items]      
Regulatory liabilities   $ 5,841 $ 5,848
Ameren Illinois Company      
Rate And Regulatory Matters [Line Items]      
Regulatory liabilities   2,442 $ 2,374
Final Rate Order | Ameren Illinois Company      
Rate And Regulatory Matters [Line Items]      
Regulatory liabilities   $ 9  
Midwest Independent Transmission System Operator, Inc | Final Rate Order      
Rate And Regulatory Matters [Line Items]      
Approved return on equity percentage 10.02%    
v3.22.1
Short-Term Debt And Liquidity (Narrative) (Details)
$ in Billions
3 Months Ended
Mar. 31, 2022
USD ($)
Mar. 31, 2021
Credit Agreements    
Short-term Debt [Line Items]    
Net Liquidity Available $ 1.2  
Actual debt-to-capital ratio 0.59  
Utilities    
Short-term Debt [Line Items]    
Short-term Debt, Weighted Average Interest Rate, over Time 0.39% 0.22%
Union Electric Company | Missouri Credit Agreement    
Short-term Debt [Line Items]    
Actual debt-to-capital ratio 0.50  
Ameren Illinois Company | Illinois Credit Agreement    
Short-term Debt [Line Items]    
Actual debt-to-capital ratio 0.44  
v3.22.1
Short-Term Debt and Liquidity (Short-Term Debt outstanding) (Details) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Short-term Debt [Line Items]    
Short-term debt $ 1,101 $ 545
Union Electric Company    
Short-term Debt [Line Items]    
Short-term debt 528 165
Ameren Illinois Company    
Short-term Debt [Line Items]    
Short-term debt 107 103
Commercial Paper    
Short-term Debt [Line Items]    
Short-term debt 1,101 545
Commercial Paper | Parent Company    
Short-term Debt [Line Items]    
Short-term debt 466 277
Commercial Paper | Union Electric Company    
Short-term Debt [Line Items]    
Short-term debt 528 165
Commercial Paper | Ameren Illinois Company    
Short-term Debt [Line Items]    
Short-term debt $ 107 $ 103
v3.22.1
Short-Term Debt and Liquidity (Short-Term Debt Activity) (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Short-term Debt [Line Items]    
Average daily amount outstanding $ 789 $ 649
Weighted-average interest rate 0.41% 0.24%
Short-term Debt, Maximum Amount Outstanding During Period $ 1,101 $ 916
Peak interest rate 1.15% 0.33%
Parent Company    
Short-term Debt [Line Items]    
Average daily amount outstanding $ 282 $ 454
Weighted-average interest rate 0.41% 0.25%
Short-term Debt, Maximum Amount Outstanding During Period $ 466 $ 650
Peak interest rate 1.05% 0.33%
Union Electric Company    
Short-term Debt [Line Items]    
Average daily amount outstanding $ 408 $ 99
Weighted-average interest rate 0.44% 0.22%
Short-term Debt, Maximum Amount Outstanding During Period $ 539 $ 206
Peak interest rate 1.06% 0.25%
Ameren Illinois Company    
Short-term Debt [Line Items]    
Average daily amount outstanding $ 99 $ 96
Weighted-average interest rate 0.33% 0.21%
Short-term Debt, Maximum Amount Outstanding During Period $ 142 $ 353
Peak interest rate 1.15% 0.25%
v3.22.1
Long-Term debt and Equity Financings (Details)
$ / shares in Units, shares in Millions, $ in Millions
1 Months Ended 3 Months Ended
Aug. 31, 2022
USD ($)
Apr. 30, 2022
USD ($)
$ / shares
shares
Mar. 31, 2022
USD ($)
$ / shares
shares
Sep. 30, 2021
USD ($)
shares
Mar. 31, 2021
USD ($)
shares
May 31, 2021
USD ($)
Long-Term Debt And Equity Financings [Line Items]            
Shares issued under the DRPlus and 401(k) plan | shares     0.1   0.1  
Stock Issued During Period, Shares, Other | shares     0.4 0.4 0.5  
Stock Issued During Period, Value, Other       $ 31.0    
Maximum Value Of Shares To Be Issued Under ATM Program           $ 750.0
Value of Shares Available to be Issued Under ATM Program     $ 320.0      
Forward Contract Indexed to Issuer's Equity, Basis Spread     75      
Issuances of common stock     $ 5.0   $ 125.0  
Minimum            
Long-Term Debt And Equity Financings [Line Items]            
Forward Contract Indexed to Issuer's Equity, Forward Rate Per Share | $ / shares     $ 86.35      
Maximum            
Long-Term Debt And Equity Financings [Line Items]            
Forward Contract Indexed to Issuer's Equity, Forward Rate Per Share | $ / shares     88.81      
Weighted Average            
Long-Term Debt And Equity Financings [Line Items]            
Forward Contract Indexed to Issuer's Equity, Forward Rate Per Share | $ / shares     $ 87.61      
Dividend reinvestment and 401 (k) plans            
Long-Term Debt And Equity Financings [Line Items]            
Accrued Proceeds from Issuance of Common Stock     $ 8.0      
Issuances of common stock     $ 5.0      
Forward Sale Agreements Outstanding            
Long-Term Debt And Equity Financings [Line Items]            
Forward Contract Indexed to Issuer's Equity, Settlement Alternatives, Shares, at Fair Value | shares     3.2      
Forward Contract Indexed to Issuer's Equity, Settlement Alternatives, Cash, at Fair Value     $ 276.0      
Period End Net Cash Settlement Price     21.0      
Period End Net Share Settlement Price     0.2      
Forward Sale Agreement Equity Offering Shares     3.2      
Forward Sale Agreement Gross Sales Price     280.0      
Forward Sale Agreement, Compensation Received by Counterparty     3.0      
Subsequent Event | Forward Sale Agreements Outstanding            
Long-Term Debt And Equity Financings [Line Items]            
Forward Contract Indexed to Issuer's Equity, Indexed Shares (in shares) | shares   3.4        
Subsequent Event | April 1, 2022 Forward Sale            
Long-Term Debt And Equity Financings [Line Items]            
Forward Contract Indexed to Issuer's Equity, Indexed Shares (in shares) | shares   0.2        
Forward Contract Indexed to Issuer's Equity, Forward Rate Per Share | $ / shares   $ 91.41        
Other Paid-in Capital            
Long-Term Debt And Equity Financings [Line Items]            
Shares issued under the DRPlus and 401(k) plan     13.0   $ 12.0  
Union Electric Company | Secured Debt | Senior Secured Notes 3.90% Due 2052 | Subsequent Event            
Long-Term Debt And Equity Financings [Line Items]            
Debt Instrument, Face Amount   $ 525.0        
Debt Instrument, Interest Rate, Stated Percentage   3.90%        
Proceeds from Issuance of Secured Debt   $ 519.0        
Ameren Transmission Company of Illinois | Unsecured Debt | Senior Unsecured Notes, 2.96%, Due 2052            
Long-Term Debt And Equity Financings [Line Items]            
Debt Instrument, Face Amount     $ 95.0      
Debt Instrument, Interest Rate, Stated Percentage     2.96%      
Ameren Transmission Company of Illinois | Unsecured Debt | Senior Unsecured Notes, 2.96%, Due 2052 | Subsequent Event            
Long-Term Debt And Equity Financings [Line Items]            
Proceeds from Issuance of Debt $ 95.0          
Ameren Transmission Company of Illinois | Unsecured Debt | Senior Unsecured Notes, 3.43%, Due 2050            
Long-Term Debt And Equity Financings [Line Items]            
Debt Instrument, Interest Rate, Stated Percentage     3.43%      
Long-Term Debt, Maturity, Year One     $ 50.0      
v3.22.1
Other Income, Net (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Other Nonoperating Income (Expense) [Line Items]    
Allowance for equity funds used during construction $ 8 $ 7
Interest income on industrial development revenue bonds 6 6
Non-service cost components of net periodic benefit income 46 34
Miscellaneous income 7 5
Donations (2) (3)
Miscellaneous expense (5) (3)
Total Other Income, Net 60 46
Union Electric Company    
Other Nonoperating Income (Expense) [Line Items]    
Allowance for equity funds used during construction 4 4
Interest income on industrial development revenue bonds 6 6
Non-service cost components of net periodic benefit income 14 14
Miscellaneous income 2 1
Donations (1) 0
Miscellaneous expense (2) (2)
Total Other Income, Net 23 23
Defined Benefit Plan, Non-service Cost or Income Components - Tracker 6 (1)
Ameren Illinois Company    
Other Nonoperating Income (Expense) [Line Items]    
Allowance for equity funds used during construction 4 3
Non-service cost components of net periodic benefit income 21 14
Miscellaneous income 2 1
Donations (1) (3)
Miscellaneous expense (2) (1)
Total Other Income, Net $ 24 $ 14
v3.22.1
Derivative Financial Instruments (Open Gross Derivative Volumes By Commodity Type) (Detail)
lb in Thousands, gal in Millions, MWh in Millions, MMBTU in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2022
MMBTU
MWh
lb
gal
Dec. 31, 2021
MMBTU
MWh
lb
gal
Fuel oils    
Derivative [Line Items]    
Derivative, Nonmonetary Notional Amount, Volume | gal 25 30
Natural gas    
Derivative [Line Items]    
Derivative, Nonmonetary Notional Amount, Energy Measure | MMBTU 182 179
Power    
Derivative [Line Items]    
Derivative, Nonmonetary Notional Amount, Energy Measure | MWh 10 12
Uranium    
Derivative [Line Items]    
Derivative, Nonmonetary Notional Amount, Mass | lb 496 586
Union Electric Company | Fuel oils    
Derivative [Line Items]    
Derivative, Nonmonetary Notional Amount, Volume | gal 25 30
Union Electric Company | Natural gas    
Derivative [Line Items]    
Derivative, Nonmonetary Notional Amount, Energy Measure | MMBTU 36 35
Union Electric Company | Power    
Derivative [Line Items]    
Derivative, Nonmonetary Notional Amount, Energy Measure | MWh 4 6
Union Electric Company | Uranium    
Derivative [Line Items]    
Derivative, Nonmonetary Notional Amount, Mass | lb 496 586
Ameren Illinois Company | Fuel oils    
Derivative [Line Items]    
Derivative, Nonmonetary Notional Amount, Volume | gal 0 0
Ameren Illinois Company | Natural gas    
Derivative [Line Items]    
Derivative, Nonmonetary Notional Amount, Energy Measure | MMBTU 146 144
Ameren Illinois Company | Power    
Derivative [Line Items]    
Derivative, Nonmonetary Notional Amount, Energy Measure | MWh 6 6
Ameren Illinois Company | Uranium    
Derivative [Line Items]    
Derivative, Nonmonetary Notional Amount, Mass | lb 0 0
v3.22.1
Derivative Financial Instruments (Derivative Instruments Carrying Value) (Detail) - Not Designated As Hedging Instrument - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Derivative [Line Items]    
Derivative assets $ 180 $ 90
Derivative Liability 218 202
Fuel oils | Mark-to-market derivative assets    
Derivative [Line Items]    
Derivative assets 18 8
Fuel oils | Other current assets    
Derivative [Line Items]    
Derivative assets 0 0
Fuel oils | Other assets    
Derivative [Line Items]    
Derivative assets 8 5
Natural gas | Mark-to-market derivative assets    
Derivative [Line Items]    
Derivative assets 90 35
Natural gas | Other current assets    
Derivative [Line Items]    
Derivative assets 0 0
Natural gas | Other assets    
Derivative [Line Items]    
Derivative assets 33 18
Natural gas | Other current liabilities    
Derivative [Line Items]    
Derivative Liability 2 8
Natural gas | Other deferred credits and liabilities    
Derivative [Line Items]    
Derivative Liability 2 3
Power | Mark-to-market derivative assets    
Derivative [Line Items]    
Derivative assets 24 23
Power | Other current assets    
Derivative [Line Items]    
Derivative assets 0 0
Power | Other assets    
Derivative [Line Items]    
Derivative assets 0 0
Power | Other current liabilities    
Derivative [Line Items]    
Derivative Liability 110 59
Power | Other deferred credits and liabilities    
Derivative [Line Items]    
Derivative Liability 104 131
Uranium | Mark-to-market derivative assets    
Derivative [Line Items]    
Derivative assets 5 0
Uranium | Other current assets    
Derivative [Line Items]    
Derivative assets 0 0
Uranium | Other assets    
Derivative [Line Items]    
Derivative assets 2 1
Uranium | Other current liabilities    
Derivative [Line Items]    
Derivative Liability 0 1
Union Electric Company    
Derivative [Line Items]    
Derivative assets 78 49
Derivative Liability 136 77
Union Electric Company | Fuel oils | Other current assets    
Derivative [Line Items]    
Derivative assets 18 8
Union Electric Company | Fuel oils | Other assets    
Derivative [Line Items]    
Derivative assets 8 5
Union Electric Company | Natural gas | Other current assets    
Derivative [Line Items]    
Derivative assets 16 7
Union Electric Company | Natural gas | Other assets    
Derivative [Line Items]    
Derivative assets 10 5
Union Electric Company | Natural gas | Mark-to-market derivative liabilities    
Derivative [Line Items]    
Derivative Liability 0 2
Union Electric Company | Natural gas | Other current liabilities    
Derivative [Line Items]    
Derivative Liability 0 0
Union Electric Company | Natural gas | Other deferred credits and liabilities    
Derivative [Line Items]    
Derivative Liability 1 1
Union Electric Company | Power | Other current assets    
Derivative [Line Items]    
Derivative assets 19 23
Union Electric Company | Power | Other assets    
Derivative [Line Items]    
Derivative assets 0 0
Union Electric Company | Power | Mark-to-market derivative liabilities    
Derivative [Line Items]    
Derivative Liability 109 50
Union Electric Company | Power | Other current liabilities    
Derivative [Line Items]    
Derivative Liability 0 0
Union Electric Company | Power | Other deferred credits and liabilities    
Derivative [Line Items]    
Derivative Liability 26 23
Union Electric Company | Uranium | Other current assets    
Derivative [Line Items]    
Derivative assets 5 0
Union Electric Company | Uranium | Other assets    
Derivative [Line Items]    
Derivative assets 2 1
Union Electric Company | Uranium | Mark-to-market derivative liabilities    
Derivative [Line Items]    
Derivative Liability 0 1
Union Electric Company | Uranium | Other current liabilities    
Derivative [Line Items]    
Derivative Liability 0 0
Ameren Illinois Company    
Derivative [Line Items]    
Derivative assets 102 41
Derivative Liability 82 125
Ameren Illinois Company | Fuel oils | Mark-to-market derivative assets    
Derivative [Line Items]    
Derivative assets 0 0
Ameren Illinois Company | Fuel oils | Other current assets    
Derivative [Line Items]    
Derivative assets 0 0
Ameren Illinois Company | Fuel oils | Other assets    
Derivative [Line Items]    
Derivative assets 0 0
Ameren Illinois Company | Natural gas | Mark-to-market derivative assets    
Derivative [Line Items]    
Derivative assets 74 28
Ameren Illinois Company | Natural gas | Other current assets    
Derivative [Line Items]    
Derivative assets 0 0
Ameren Illinois Company | Natural gas | Other assets    
Derivative [Line Items]    
Derivative assets 23 13
Ameren Illinois Company | Natural gas | Other current liabilities    
Derivative [Line Items]    
Derivative Liability 2 6
Ameren Illinois Company | Natural gas | Other deferred credits and liabilities    
Derivative [Line Items]    
Derivative Liability 1 2
Ameren Illinois Company | Power | Mark-to-market derivative assets    
Derivative [Line Items]    
Derivative assets 5 0
Ameren Illinois Company | Power | Other current assets    
Derivative [Line Items]    
Derivative assets 0 0
Ameren Illinois Company | Power | Other assets    
Derivative [Line Items]    
Derivative assets 0 0
Ameren Illinois Company | Power | Other current liabilities    
Derivative [Line Items]    
Derivative Liability 1 9
Ameren Illinois Company | Power | Other deferred credits and liabilities    
Derivative [Line Items]    
Derivative Liability 78 108
Ameren Illinois Company | Uranium | Mark-to-market derivative assets    
Derivative [Line Items]    
Derivative assets 0 0
Ameren Illinois Company | Uranium | Other current assets    
Derivative [Line Items]    
Derivative assets 0 0
Ameren Illinois Company | Uranium | Other assets    
Derivative [Line Items]    
Derivative assets 0 0
Ameren Illinois Company | Uranium | Other current liabilities    
Derivative [Line Items]    
Derivative Liability $ 0 $ 0
v3.22.1
Derivative Financial Instruments (Offsetting Assets and Liabilities) (Details) - Not Designated As Hedging Instrument - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Derivative [Line Items]    
Gross derivative asset amount recognized on the balance sheet $ 180 $ 90
Gross derivative instruments not offset in the balance sheet 25 19
Gross cash collateral received not offset in the balance sheet 14 0
Net derivative asset 141 71
Gross derivative liability amount recognized on the balance sheet 218 202
Gross derivative instruments not offset in the balance sheet 25 19
Gross cash collateral posted not offset in the balance sheet 92 47
Net derivative liability 101 136
Union Electric Company    
Derivative [Line Items]    
Gross derivative asset amount recognized on the balance sheet 78 49
Gross derivative instruments not offset in the balance sheet 19 15
Gross cash collateral received not offset in the balance sheet 5 0
Net derivative asset 54 34
Gross derivative liability amount recognized on the balance sheet 136 77
Gross derivative instruments not offset in the balance sheet 19 15
Gross cash collateral posted not offset in the balance sheet 92 47
Net derivative liability 25 15
Ameren Illinois Company    
Derivative [Line Items]    
Gross derivative asset amount recognized on the balance sheet 102 41
Gross derivative instruments not offset in the balance sheet 6 4
Gross cash collateral received not offset in the balance sheet 9 0
Net derivative asset 87 37
Gross derivative liability amount recognized on the balance sheet 82 125
Gross derivative instruments not offset in the balance sheet 6 4
Gross cash collateral posted not offset in the balance sheet 0 0
Net derivative liability $ 76 $ 121
v3.22.1
Derivative Financial Instruments (Credit Risk) (Details)
$ in Millions
3 Months Ended
Mar. 31, 2022
USD ($)
Credit Derivatives [Line Items]  
Credit Derivative, Maximum Exposure, Undiscounted $ 176
Concentration Risk, Credit Risk, Financial Instrument, Maximum Exposure 144
Union Electric Company  
Credit Derivatives [Line Items]  
Credit Derivative, Maximum Exposure, Undiscounted 79
Concentration Risk, Credit Risk, Financial Instrument, Maximum Exposure 56
Ameren Illinois Company  
Credit Derivatives [Line Items]  
Credit Derivative, Maximum Exposure, Undiscounted 97
Concentration Risk, Credit Risk, Financial Instrument, Maximum Exposure $ 88
v3.22.1
Derivative Financial Instruments (Derivative Instruments With Credit Risk-Related Contingent Features (Details)
$ in Millions
Mar. 31, 2022
USD ($)
Derivative [Line Items]  
Aggregate Fair Value of Derivative Liabilities $ 40
Cash Collateral Posted 18
Potential Aggregate Amount of Additional Collateral Required 11
Union Electric Company  
Derivative [Line Items]  
Aggregate Fair Value of Derivative Liabilities 36
Cash Collateral Posted 18
Potential Aggregate Amount of Additional Collateral Required 7
Ameren Illinois Company  
Derivative [Line Items]  
Aggregate Fair Value of Derivative Liabilities 4
Cash Collateral Posted 0
Potential Aggregate Amount of Additional Collateral Required $ 4
v3.22.1
Fair Value Measurements (Schedule Of Fair Value Hierarchy Of Assets And Liabilities Measured At Fair Value On Recurring Basis) (Details) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear decommissioning trust fund: $ 1,087 $ 1,152
Assets fair value 1,267 1,242
Excluded receivables, payables, and accrued income, net 7 7
Level 1    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear decommissioning trust fund: 719 824
Assets fair value 768 848
Level 2    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear decommissioning trust fund: 368 328
Assets fair value 471 373
Level 3    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear decommissioning trust fund: 0 0
Assets fair value 28 21
Commodity Contract    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 180 90
Derivative Liability 218 202
Commodity Contract | Level 1    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 49 24
Derivative Liability 81 45
Commodity Contract | Level 2    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 103 45
Derivative Liability 2 7
Commodity Contract | Level 3    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 28 21
Derivative Liability 135 150
Union Electric Company    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear decommissioning trust fund: 1,087 1,152
Assets fair value 1,165 1,201
Union Electric Company | Level 1    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear decommissioning trust fund: 719 824
Assets fair value 761 847
Union Electric Company | Level 2    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear decommissioning trust fund: 368 328
Assets fair value 394 340
Union Electric Company | Level 3    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear decommissioning trust fund: 0 0
Assets fair value 10 14
Union Electric Company | Commodity Contract    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 78 49
Derivative Liability 136 77
Union Electric Company | Commodity Contract | Level 1    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 42 23
Derivative Liability 81 45
Union Electric Company | Commodity Contract | Level 2    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 26 12
Derivative Liability 1 2
Union Electric Company | Commodity Contract | Level 3    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 10 14
Derivative Liability 54 30
Union Electric Company | Fuel oils | Commodity Contract    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 26 13
Union Electric Company | Fuel oils | Commodity Contract | Level 1    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 24 13
Union Electric Company | Fuel oils | Commodity Contract | Level 2    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 0 0
Union Electric Company | Fuel oils | Commodity Contract | Level 3    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 2 0
Union Electric Company | Natural gas | Commodity Contract    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 26 12
Derivative Liability 1 3
Union Electric Company | Natural gas | Commodity Contract | Level 1    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 0 0
Derivative Liability 0 0
Union Electric Company | Natural gas | Commodity Contract | Level 2    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 26 12
Derivative Liability 1 2
Union Electric Company | Natural gas | Commodity Contract | Level 3    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 0 0
Derivative Liability 0 1
Union Electric Company | Power | Commodity Contract    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 19 23
Derivative Liability 135 73
Union Electric Company | Power | Commodity Contract | Level 1    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 18 10
Derivative Liability 81 45
Union Electric Company | Power | Commodity Contract | Level 2    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 0 0
Derivative Liability 0 0
Union Electric Company | Power | Commodity Contract | Level 3    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 1 13
Derivative Liability 54 28
Union Electric Company | Uranium | Commodity Contract    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 7 1
Derivative Liability 0 1
Union Electric Company | Uranium | Commodity Contract | Level 1    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 0 0
Derivative Liability 0 0
Union Electric Company | Uranium | Commodity Contract | Level 2    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 0 0
Derivative Liability 0 0
Union Electric Company | Uranium | Commodity Contract | Level 3    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 7 1
Derivative Liability 0 1
Union Electric Company | Equity securities: | U.S. large capitalization    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear decommissioning trust fund: 719 824
Union Electric Company | Equity securities: | U.S. large capitalization | Level 1    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear decommissioning trust fund: 719 824
Union Electric Company | Equity securities: | U.S. large capitalization | Level 2    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear decommissioning trust fund: 0 0
Union Electric Company | Equity securities: | U.S. large capitalization | Level 3    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear decommissioning trust fund: 0 0
Union Electric Company | Debt securities: | U.S. Treasury and agency securities    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear decommissioning trust fund: 174 141
Union Electric Company | Debt securities: | U.S. Treasury and agency securities | Level 1    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear decommissioning trust fund: 0 0
Union Electric Company | Debt securities: | U.S. Treasury and agency securities | Level 2    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear decommissioning trust fund: 174 141
Union Electric Company | Debt securities: | U.S. Treasury and agency securities | Level 3    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear decommissioning trust fund: 0 0
Union Electric Company | Debt securities: | Corporate bonds    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear decommissioning trust fund: 133 131
Union Electric Company | Debt securities: | Corporate bonds | Level 1    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear decommissioning trust fund: 0 0
Union Electric Company | Debt securities: | Corporate bonds | Level 2    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear decommissioning trust fund: 133 131
Union Electric Company | Debt securities: | Corporate bonds | Level 3    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear decommissioning trust fund: 0 0
Union Electric Company | Debt securities: | Other Debt Securities    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear decommissioning trust fund: 61 56
Union Electric Company | Debt securities: | Other Debt Securities | Level 1    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear decommissioning trust fund: 0 0
Union Electric Company | Debt securities: | Other Debt Securities | Level 2    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear decommissioning trust fund: 61 56
Union Electric Company | Debt securities: | Other Debt Securities | Level 3    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear decommissioning trust fund: 0 0
Ameren Illinois Company    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Assets fair value 102 41
Ameren Illinois Company | Level 1    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Assets fair value 7 1
Ameren Illinois Company | Level 2    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Assets fair value 77 33
Ameren Illinois Company | Level 3    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Assets fair value 18 7
Ameren Illinois Company | Commodity Contract    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative Liability 82 125
Ameren Illinois Company | Commodity Contract | Level 1    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative Liability 0 0
Ameren Illinois Company | Commodity Contract | Level 2    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative Liability 1 5
Ameren Illinois Company | Commodity Contract | Level 3    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative Liability 81 120
Ameren Illinois Company | Natural gas | Commodity Contract    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 97 41
Derivative Liability 3 8
Ameren Illinois Company | Natural gas | Commodity Contract | Level 1    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 7 1
Derivative Liability 0 0
Ameren Illinois Company | Natural gas | Commodity Contract | Level 2    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 77 33
Derivative Liability 1 5
Ameren Illinois Company | Natural gas | Commodity Contract | Level 3    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 13 7
Derivative Liability 2 3
Ameren Illinois Company | Power | Commodity Contract    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 5 0
Derivative Liability 79 117
Ameren Illinois Company | Power | Commodity Contract | Level 1    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 0 0
Derivative Liability 0 0
Ameren Illinois Company | Power | Commodity Contract | Level 2    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 0 0
Derivative Liability 0 0
Ameren Illinois Company | Power | Commodity Contract | Level 3    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 5 0
Derivative Liability $ 79 $ 117
v3.22.1
Fair Value Measurements (Schedule Of Changes In The Fair Value Of Financial Assets And Liabilities Classified As Level Three In The Fair Value Hierarchy) (Details) - Power - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance $ (132) $ (196)
Included in regulatory assets/liabilities 1 4
Settlements, assets 4 4
Change in unrealized gains (losses) related to assets/liabilities held at period end 4 6
Ending balance (127) (188)
Union Electric Company    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance (15) 2
Included in regulatory assets/liabilities (41) (5)
Settlements, assets 3 0
Change in unrealized gains (losses) related to assets/liabilities held at period end (38) (3)
Ending balance (53) (3)
Ameren Illinois Company    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning balance (117) (198)
Included in regulatory assets/liabilities 42 9
Settlements, assets 1 4
Change in unrealized gains (losses) related to assets/liabilities held at period end 42 9
Ending balance $ (74) $ (185)
v3.22.1
Fair Value Measurements (Schedule Of Valuation Process And Unobservable Inputs) (Details) - Power
$ in Millions
Mar. 31, 2022
USD ($)
$ / MWh
$ / MMBTU
Dec. 31, 2021
USD ($)
$ / MWh
$ / MMBTU
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Derivative assets | $ $ 6 $ 13
Derivative liabilities | $ $ (133) $ (145)
Commodity Forward Price | Discounted cash flow | Minimum    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Measurement input 35 32
Commodity Forward Price | Discounted cash flow | Maximum    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Measurement input 82 55
Commodity Forward Price | Discounted cash flow | Weighted Average    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Measurement input 51 40
Nodal Basis | Discounted cash flow | Minimum    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Measurement input (16) (14)
Nodal Basis | Discounted cash flow | Maximum    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Measurement input 0 0
Nodal Basis | Discounted cash flow | Weighted Average    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Measurement input (3) (2)
Commodity Future Price | Discounted cash flow | Weighted Average    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Measurement input | $ / MMBTU (1) 0
v3.22.1
Fair Value Measurements (Schedule Of Carrying Amounts And Estimated Fair Values Of Financial Assets and Liabilities) (Details) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Mar. 31, 2021
Dec. 31, 2020
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, cash equivalents, and restricted cash $ 154 $ 155 $ 172 $ 301
Short-term debt 1,101 545    
Union Electric Company        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, cash equivalents, and restricted cash 9 8 12 145
Short-term debt 528 165    
Ameren Illinois Company        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, cash equivalents, and restricted cash 137 133 $ 149 $ 147
Short-term debt 107 103    
Carrying Amount        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, cash equivalents, and restricted cash 154 155    
Investments in industrial development revenue bonds 248 248    
Short-term debt 1,101 545    
Long-term debt (including current portion) 13,068 13,067    
Debt Issuance Costs, Net 94 94    
Carrying Amount | Union Electric Company        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, cash equivalents, and restricted cash 9 8    
Investments in industrial development revenue bonds 248 248    
Short-term debt 528 165    
Long-term debt (including current portion) 5,619 5,619    
Debt Issuance Costs, Net 38 38    
Carrying Amount | Ameren Illinois Company        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, cash equivalents, and restricted cash 137 133    
Short-term debt 107 103    
Long-term debt (including current portion) 4,393 4,392    
Debt Issuance Costs, Net 38 39    
Fair Value        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, cash equivalents, and restricted cash 154 155    
Investments, Fair Value Disclosure 248 248    
Short-term Debt, Fair Value 1,101 545    
Long-term Debt, Fair Value 13,141 14,521    
Fair Value | Level 1        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, cash equivalents, and restricted cash 154 155    
Investments, Fair Value Disclosure 0 0    
Short-term Debt, Fair Value 0 0    
Long-term Debt, Fair Value 0 0    
Fair Value | Level 2        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, cash equivalents, and restricted cash 0 0    
Investments, Fair Value Disclosure 248 248    
Short-term Debt, Fair Value 1,101 545    
Long-term Debt, Fair Value 12,615 13,930    
Fair Value | Level 3        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, cash equivalents, and restricted cash 0 0    
Investments, Fair Value Disclosure 0 0    
Short-term Debt, Fair Value 0 0    
Long-term Debt, Fair Value 526 591    
Fair Value | Union Electric Company        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, cash equivalents, and restricted cash 9 8    
Investments, Fair Value Disclosure 248 248    
Short-term Debt, Fair Value 528 165    
Long-term Debt, Fair Value 5,701 6,321    
Fair Value | Union Electric Company | Level 1        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, cash equivalents, and restricted cash 9 8    
Investments, Fair Value Disclosure 0 0    
Short-term Debt, Fair Value 0 0    
Long-term Debt, Fair Value 0 0    
Fair Value | Union Electric Company | Level 2        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, cash equivalents, and restricted cash 0 0    
Investments, Fair Value Disclosure 248 248    
Short-term Debt, Fair Value 528 165    
Long-term Debt, Fair Value 5,701 6,321    
Fair Value | Union Electric Company | Level 3        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, cash equivalents, and restricted cash 0 0    
Investments, Fair Value Disclosure 0 0    
Short-term Debt, Fair Value 0 0    
Long-term Debt, Fair Value 0 0    
Fair Value | Ameren Illinois Company        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, cash equivalents, and restricted cash 137 133    
Short-term Debt, Fair Value 107 103    
Long-term Debt, Fair Value 4,457 4,971    
Fair Value | Ameren Illinois Company | Level 1        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, cash equivalents, and restricted cash 137 133    
Short-term Debt, Fair Value 0 0    
Long-term Debt, Fair Value 0 0    
Fair Value | Ameren Illinois Company | Level 2        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, cash equivalents, and restricted cash 0 0    
Short-term Debt, Fair Value 107 103    
Long-term Debt, Fair Value 4,457 4,971    
Fair Value | Ameren Illinois Company | Level 3        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, cash equivalents, and restricted cash 0 0    
Short-term Debt, Fair Value 0 0    
Long-term Debt, Fair Value $ 0 $ 0    
v3.22.1
Related Party Transactions (Narrative) (Details) - Ameren Services Support Services Agreement - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Union Electric Company    
Related Party Transaction [Line Items]    
Due from Related Parties $ 77 $ 77
Ameren Illinois Company    
Related Party Transaction [Line Items]    
Due from Related Parties $ 80 $ 80
v3.22.1
Related Party Transactions (Schedule of Affiliate Receivables and Payables) (Details) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Union Electric Company    
Related Party Transaction [Line Items]    
Accounts Payable, Related Parties, Current $ 36 $ 46
Accounts Receivable, Related Parties, Current 47 44
Union Electric Company | Income taxes payable to parent    
Related Party Transaction [Line Items]    
Accounts Payable, Related Parties, Current 0 0
Union Electric Company | Income taxes receivable from parent    
Related Party Transaction [Line Items]    
Accounts Receivable, Related Parties, Current 33 27
Ameren Illinois Company    
Related Party Transaction [Line Items]    
Accounts Payable, Related Parties, Current 80 64
Accounts Receivable, Related Parties, Current 12 24
Ameren Illinois Company | Income taxes payable to parent    
Related Party Transaction [Line Items]    
Accounts Payable, Related Parties, Current 42 8
Ameren Illinois Company | Income taxes receivable from parent    
Related Party Transaction [Line Items]    
Accounts Receivable, Related Parties, Current $ 0 $ 18
v3.22.1
Related Party Transactions (Effects of Related-party Transactions on the Statement of Income) (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Union Electric Company | Ameren Missouri Power Supply Agreements with Ameren Illinois    
Related Party Transaction [Line Items]    
Operating Revenues $ 4 $ 2
Union Electric Company | Ameren Missouri and Ameren Illinois Rent and Facility Services    
Related Party Transaction [Line Items]    
Operating Revenues 6 7
Operating Expenses 1 1
Union Electric Company | Ameren Missouri and Ameren Illinois Miscellaneous Support Services    
Related Party Transaction [Line Items]    
Operating Revenues 1 1
Union Electric Company | Total Related Party Operating Revenues    
Related Party Transaction [Line Items]    
Operating Revenues 10 9
Union Electric Company | Ameren Missouri and Ameren Illinois Transmission Services from ATXI    
Related Party Transaction [Line Items]    
Operating Expenses 1 1
Union Electric Company | Purchased Power    
Related Party Transaction [Line Items]    
Operating Expenses 1 1
Union Electric Company | Ameren Services Support Services Agreement    
Related Party Transaction [Line Items]    
Operating Expenses 38 35
Union Electric Company | Total Related Party Other Operations and Maintenance    
Related Party Transaction [Line Items]    
Operating Expenses 38 35
Union Electric Company | Money pool borrowings (advances)    
Related Party Transaction [Line Items]    
Interest Charges (Income) 1 1
Ameren Illinois Company | Ameren Missouri and Ameren Illinois Rent and Facility Services    
Related Party Transaction [Line Items]    
Operating Revenues 1 1
Operating Expenses 1 1
Ameren Illinois Company | Ameren Missouri and Ameren Illinois Miscellaneous Support Services    
Related Party Transaction [Line Items]    
Operating Revenues 1 1
Ameren Illinois Company | Total Related Party Operating Revenues    
Related Party Transaction [Line Items]    
Operating Revenues 1 1
Ameren Illinois Company | Ameren Illinois Power Supply Agreements with Ameren Missouri    
Related Party Transaction [Line Items]    
Operating Expenses 4 2
Ameren Illinois Company | Ameren Missouri and Ameren Illinois Transmission Services from ATXI    
Related Party Transaction [Line Items]    
Operating Expenses 1 1
Ameren Illinois Company | Purchased Power    
Related Party Transaction [Line Items]    
Operating Expenses 4 2
Ameren Illinois Company | Ameren Services Support Services Agreement    
Related Party Transaction [Line Items]    
Operating Expenses 35 33
Ameren Illinois Company | Total Related Party Other Operations and Maintenance    
Related Party Transaction [Line Items]    
Operating Expenses 36 34
Ameren Illinois Company | Money pool borrowings (advances)    
Related Party Transaction [Line Items]    
Interest Charges (Income) $ 1 $ 1
v3.22.1
Commitments And Contingencies (Environmental Matters) (Detail)
$ in Millions
3 Months Ended
Mar. 31, 2022
USD ($)
energyCenter
scrubber
site
Dec. 31, 2021
USD ($)
Loss Contingencies [Line Items]    
Asset Retirement Obligation $ 776 $ 764
Minimum    
Loss Contingencies [Line Items]    
Estimated capital costs to comply with existing and known federal and state air emissions regulations 125  
Maximum    
Loss Contingencies [Line Items]    
Estimated capital costs to comply with existing and known federal and state air emissions regulations $ 175  
Union Electric Company    
Loss Contingencies [Line Items]    
Number of Energy Center Scrubbers | scrubber 2  
Number of Energy Centers Constructing Wastewater Treatment Facilities | energyCenter 3  
Number of energy centers | energyCenter 4  
Number of Days to Comply after Final EPA Determination 135 days  
Asset Retirement Obligation $ 772 760
Number of Ameren Missouri Natural Gas Energy Centers Subject To IETL | energyCenter 5  
Union Electric Company | Coal Fired Electric Generation Equipment    
Loss Contingencies [Line Items]    
Plant To Be Abandoned, Net $ 600  
Union Electric Company | Minimum    
Loss Contingencies [Line Items]    
Estimated capital costs to comply with existing and known federal and state air emissions regulations 125  
Union Electric Company | Maximum    
Loss Contingencies [Line Items]    
Estimated capital costs to comply with existing and known federal and state air emissions regulations 175  
Ameren Illinois Company    
Loss Contingencies [Line Items]    
Asset Retirement Obligation 4 $ 4
Coal Combustion Residuals Estimate | Union Electric Company | Minimum    
Loss Contingencies [Line Items]    
Estimated capital costs to comply with existing and known federal and state air emissions regulations 60  
Coal Combustion Residuals Estimate | Union Electric Company | Maximum    
Loss Contingencies [Line Items]    
Estimated capital costs to comply with existing and known federal and state air emissions regulations 80  
Manufactured Gas Plant    
Loss Contingencies [Line Items]    
Accrual for environmental loss contingencies $ 68  
Manufactured Gas Plant | Ameren Illinois Company    
Loss Contingencies [Line Items]    
Number of remediation sites | site 44  
Accrual for environmental loss contingencies $ 68  
Manufactured Gas Plant | Ameren Illinois Company | Minimum    
Loss Contingencies [Line Items]    
Estimate of possible loss 68  
Manufactured Gas Plant | Ameren Illinois Company | Maximum    
Loss Contingencies [Line Items]    
Estimate of possible loss 125  
Rush Island Energy Center | Union Electric Company    
Loss Contingencies [Line Items]    
Rate Base 400  
New CCR Rules Estimate    
Loss Contingencies [Line Items]    
Asset Retirement Obligation 79  
New CCR Rules Estimate | Union Electric Company    
Loss Contingencies [Line Items]    
Asset Retirement Obligation $ 79  
v3.22.1
Callaway Energy Center (Insurance Disclosure) (Details) - USD ($)
$ in Millions
1 Months Ended 3 Months Ended
Apr. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Nuclear Waste Matters [Line Items]      
Decommissioning Cost   $ 7.0  
Frequency of Decommissioning Cost Study   3 years  
Miscellaneous accounts receivable   $ 87.0 $ 85.0
Number Of Years The Limit Of Liability And The Maximum Potential Annual Payments Are Adjusted   5 years  
Number Of Weeks Of Coverage After The First Twelve Weeks Of An Outage   1  
Number Of Additional Weeks After Initial Indemnity Coverage For Power Outage   1.365  
Subsequent Event      
Nuclear Waste Matters [Line Items]      
Proceeds from Insurance Settlement, Investing Activities $ 22.0    
Union Electric Company      
Nuclear Waste Matters [Line Items]      
Miscellaneous accounts receivable   $ 57.0 $ 71.0
Public Liability And Nuclear Worker Liability - American Nuclear Insurers      
Nuclear Waste Matters [Line Items]      
Insurance Aggregate Maximum Coverage   450.0  
Insurance Maximum Coverage per Incident   0.0  
Public Liability And Nuclear Worker Liability - Pool Participation      
Nuclear Waste Matters [Line Items]      
Insurance Aggregate Maximum Coverage   13,073.0  
Insurance Maximum Coverage per Incident   138.0  
Threshold Amount For Retrospective Insurance Assessment For Covered Loss Under Public Liability And Nuclear Worker Liability Insurance Policy   450.0  
Maximum Annual Payment Per Incident At Licensed Commercial Nuclear Reactor   21.0  
Public Liability      
Nuclear Waste Matters [Line Items]      
Insurance Aggregate Maximum Coverage   13,523.0  
Insurance Maximum Coverage per Incident   138.0  
Property Damage - Nuclear Electric Insurance Ltd      
Nuclear Waste Matters [Line Items]      
Insurance Aggregate Maximum Coverage   3,200.0  
Insurance Maximum Coverage per Incident   26.0  
Accidental Outage - Nuclear Electric Insurance Ltd      
Nuclear Waste Matters [Line Items]      
Insurance Aggregate Maximum Coverage   490.0  
Insurance Maximum Coverage per Incident   7.0  
Amount Of Weekly Indemnity Coverage Commencing Twelve Weeks After Power Outage   4.5  
Amount Of Additional Weekly Indemnity Coverage Commencing After Initial Indemnity Coverage   3.6  
Amount Of Weekly Indemnity Coverage Thereafter Not Exceeding Policy Limit   490.0  
Sub-Limit Of Amount Of Weekly Indemnity Coverage Thereafter Not Exceeding Policy Limit For Non-Nuclear Events   328.0  
Radiation Event      
Nuclear Waste Matters [Line Items]      
Insurance Aggregate Maximum Coverage   2,700.0  
Aggregate Nuclear Power Industry Insurance Policy Limit For Losses From Terrorist Attacks Within Twelve Month Period   3,200.0  
Non-Radiation Event      
Nuclear Waste Matters [Line Items]      
Miscellaneous accounts receivable   26.0  
Insurance Aggregate Maximum Coverage   2,300.0  
Aggregate Nuclear Power Industry Insurance Policy Limit For Losses From Terrorist Attacks Within Twelve Month Period   1,800.0  
Property Damage European Mutual Association for Nuclear Insurance      
Nuclear Waste Matters [Line Items]      
Insurance Aggregate Maximum Coverage   $ 490.0  
v3.22.1
Retirement Benefits (Components Of Net Periodic Benefit Cost) (Detail) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]    
Total non-service cost components $ (46) $ (34)
Pension Plan    
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]    
Service Cost 33 33
Interest cost 40 38
Expected return on plan assets (80) (75)
Prior service benefit 0 0
Actuarial loss (gain) 6 17
Total non-service cost components (34) (20)
Net periodic benefit cost (income) (1) 13
Other Postretirement Benefit Plan, Defined Benefit    
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]    
Service Cost 5 6
Interest cost 8 8
Expected return on plan assets (21) (20)
Prior service benefit (1) (1)
Actuarial loss (gain) (4) (1)
Total non-service cost components (18) (14)
Net periodic benefit cost (income) $ (13) $ (8)
v3.22.1
Retirement Benefits (Summary of Benefit Plan Costs Incurred) (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Pension Plan    
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]    
Net periodic benefit cost $ (1) $ 13
Pension Plan | Union Electric Company    
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]    
Net periodic benefit cost (1) 6
Pension Plan | Ameren Illinois Company    
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]    
Net periodic benefit cost 1 8
Pension Plan | Other Affiliated Entities And Intercompany Eliminations    
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]    
Net periodic benefit cost (1) (1)
Other Postretirement Benefit Plan, Defined Benefit    
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]    
Net periodic benefit cost (13) (8)
Other Postretirement Benefit Plan, Defined Benefit | Union Electric Company    
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]    
Net periodic benefit cost (3) (1)
Other Postretirement Benefit Plan, Defined Benefit | Ameren Illinois Company    
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]    
Net periodic benefit cost (10) (7)
Other Postretirement Benefit Plan, Defined Benefit | Other Affiliated Entities And Intercompany Eliminations    
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]    
Net periodic benefit cost $ 0 $ 0
v3.22.1
Income Taxes (Schedule of Effective Income Tax Rate Reconciliation) (Details)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Taxes [Line Items]    
Federal statutory corporate income tax rate 21.00% 21.00%
Increases (decreases) from:    
Amortization of deferred investment tax credit 0.00% (1.00%)
Amortization of excess deferred taxes (8.00%) (9.00%)
Depreciation differences 0.00% 0.00%
Renewable and other tax credits (5.00%) (6.00%)
State tax 5.00% 6.00%
Stock-based compensation (1.00%) (1.00%)
Effective income tax rate 12.00% 10.00%
Union Electric Company    
Income Taxes [Line Items]    
Federal statutory corporate income tax rate 21.00% 21.00%
Increases (decreases) from:    
Amortization of deferred investment tax credit (1.00%) (1.00%)
Amortization of excess deferred taxes (16.00%) (17.00%)
Depreciation differences 0.00% 1.00%
Renewable and other tax credits (11.00%) (11.00%)
State tax 3.00% 3.00%
Stock-based compensation 0.00% 0.00%
Effective income tax rate (4.00%) (4.00%)
Ameren Illinois Company    
Income Taxes [Line Items]    
Federal statutory corporate income tax rate 21.00% 21.00%
Increases (decreases) from:    
Amortization of deferred investment tax credit 0.00% 0.00%
Amortization of excess deferred taxes (2.00%) (2.00%)
Depreciation differences 0.00% (1.00%)
Renewable and other tax credits 0.00% 0.00%
State tax 7.00% 7.00%
Stock-based compensation 0.00% 0.00%
Effective income tax rate 26.00% 25.00%
v3.22.1
Supplemental Information (Cash and Cash Equivalents) (Details) - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Mar. 31, 2021
Dec. 31, 2020
Schedule of Cash and Cash Equivalents Including Restricted Cash [Line Items]        
Cash and cash equivalents $ 7,000,000 $ 8,000,000    
Restricted cash included in “Other current assets” 10,000,000 16,000,000    
Restricted cash included in “Other assets” 132,000,000 127,000,000    
Restricted cash included in “Nuclear decommissioning trust fund” 5,000,000 4,000,000    
Total cash, cash equivalents, and restricted cash 154,000,000 155,000,000 $ 172,000,000 $ 301,000,000
Union Electric Company        
Schedule of Cash and Cash Equivalents Including Restricted Cash [Line Items]        
Cash and cash equivalents 1,000,000 0    
Restricted cash included in “Other current assets” 3,000,000 4,000,000    
Restricted cash included in “Other assets” 0 0    
Restricted cash included in “Nuclear decommissioning trust fund” 5,000,000 4,000,000    
Total cash, cash equivalents, and restricted cash 9,000,000 8,000,000 12,000,000 145,000,000
Ameren Illinois Company        
Schedule of Cash and Cash Equivalents Including Restricted Cash [Line Items]        
Cash and cash equivalents 0 0    
Restricted cash included in “Other current assets” 5,000,000 6,000,000    
Restricted cash included in “Other assets” 132,000,000 127,000,000    
Restricted cash included in “Nuclear decommissioning trust fund” 0 0    
Total cash, cash equivalents, and restricted cash $ 137,000,000 $ 133,000,000 $ 149,000,000 $ 147,000,000
v3.22.1
Supplemental Information (Allowance for Doubtful Accounts) (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Allowance for Doubtful Accounts Receivable [Roll Forward]      
Beginning of period $ 29 $ 50  
Bad debt expense 4 4  
Net write-offs (5) (7)  
End of period 28 47  
Payables for purchased receivables 29   $ 27
Union Electric Company      
Allowance for Doubtful Accounts Receivable [Roll Forward]      
Beginning of period 13 16  
Bad debt expense 1 1  
Net write-offs (3) (2)  
End of period 11 15  
Ameren Illinois Company      
Allowance for Doubtful Accounts Receivable [Roll Forward]      
Beginning of period 16 34  
Bad debt expense 3 3  
Net write-offs (2) (5)  
End of period 17 $ 32  
Payables for purchased receivables $ 29   $ 27
v3.22.1
Supplemental Information (Supplemental Cash Flow Information) (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Supplemental Cash Flow Information [Line Items]    
Wind generation expenditures $ 0 $ 193
Accrued capital expenditures 345 271
Net realized and unrealized gain/(loss) – nuclear decommissioning trust fund (71) 22
Issuance of common stock for stock-based compensation    
Supplemental Cash Flow Information [Line Items]    
Stock Issued 31 33
Issuance of common stock under the DRPlus    
Supplemental Cash Flow Information [Line Items]    
Stock Issued 8 0
Union Electric Company    
Supplemental Cash Flow Information [Line Items]    
Wind generation expenditures 0 193
Accrued capital expenditures 194 141
Net realized and unrealized gain/(loss) – nuclear decommissioning trust fund (71) 22
Union Electric Company | Issuance of common stock for stock-based compensation    
Supplemental Cash Flow Information [Line Items]    
Stock Issued 0 0
Union Electric Company | Issuance of common stock under the DRPlus    
Supplemental Cash Flow Information [Line Items]    
Stock Issued 0 0
Ameren Illinois Company    
Supplemental Cash Flow Information [Line Items]    
Accrued capital expenditures 147 139
Net realized and unrealized gain/(loss) – nuclear decommissioning trust fund 0 0
Ameren Illinois Company | Issuance of common stock for stock-based compensation    
Supplemental Cash Flow Information [Line Items]    
Stock Issued 0 0
Ameren Illinois Company | Issuance of common stock under the DRPlus    
Supplemental Cash Flow Information [Line Items]    
Stock Issued $ 0 $ 0
v3.22.1
Supplemental Information (Schedule of Asset Retirement Obligations) (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Dec. 31, 2021
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]    
Asset Retirement Obligation, Beginning Balance $ 764  
Accretion 8  
Change in estimates 4  
Asset Retirement Obligation, Ending Balance 776  
Other current liabilities 630 $ 568
Union Electric Company    
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]    
Asset Retirement Obligation, Beginning Balance 760  
Accretion 8  
Change in estimates 4  
Asset Retirement Obligation, Ending Balance 772  
Other current liabilities 159 175
Ameren Illinois Company    
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]    
Asset Retirement Obligation, Beginning Balance 4  
Accretion 0  
Change in estimates 0  
Asset Retirement Obligation, Ending Balance 4  
Other current liabilities 251 251
Asset Retirement Obligation Balance    
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]    
Other current liabilities 7 7
Asset Retirement Obligation Balance | Union Electric Company    
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]    
Other current liabilities $ 7 $ 7
v3.22.1
Supplemental Information (Narrative) (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Effective Income Tax Rate Reconciliation, Share-based Compensation, Excess Tax Benefit, Amount $ 5 $ 5  
Deferred Compensation Liability, Classified, Noncurrent $ 91   $ 91
Q1 2022 Issuance      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period 3 years    
Performance Shares | Q1 2022 Issuance      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Shares granted (in shares) 267,849    
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Granted in Period, Fair Value $ 25    
Stock Issued During Period Percentage Conversion Of Units, Low End 0.00%    
Stock Issued During Period Percentage Conversion Of Units, High End 200.00%    
Performance Shares | Market performance measures achievement | Q1 2022 Issuance      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Shares granted (in shares) 229,566    
Performance Shares | Renewable generation and energy storage installation targets | Q1 2022 Issuance      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Shares granted (in shares) 38,283    
Restricted Stock Units (RSUs) | Q1 2022 Issuance      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Shares granted (in shares) 122,882    
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Granted in Period, Fair Value $ 11    
v3.22.1
Supplemental Information (Schedule Of Excise Taxes) (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Accounting Policies [Line Items]    
Excise tax expense $ 79 $ 70
Union Electric Company    
Accounting Policies [Line Items]    
Excise tax expense 34 31
Ameren Illinois Company    
Accounting Policies [Line Items]    
Excise tax expense $ 45 $ 39
v3.22.1
Supplemental Information (Earnings Per Share) (Details) - shares
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Earnings Per Share Reconciliation [Abstract]    
Weighted-average Common Shares Outstanding – Basic 257,900,000 254,400,000
Assumed settlement of performance share units and restricted stock units 1,100,000 1,500,000
Weighted-average Common Shares Outstanding – Diluted 259,000,000.0 255,900,000
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares) 0 0
v3.22.1
Segment Information (Schedule Of Segment Reporting Information By Segment) (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Segment Reporting Information [Line Items]    
Revenues $ 1,879 $ 1,566
Net income (loss) attributable to common shareholders 252 233
Capital expenditures 774 887
Wind generation expenditures 0 193
Union Electric Company    
Segment Reporting Information [Line Items]    
Revenues 818 704
Net income (loss) attributable to common shareholders 50 47
Wind generation expenditures 0 193
Ameren Illinois Company    
Segment Reporting Information [Line Items]    
Revenues 1,024 823
Net income (loss) attributable to common shareholders 169 149
Capital expenditures 342 337
Operating Segments | Union Electric Company    
Segment Reporting Information [Line Items]    
Revenues 808 695
Net income (loss) attributable to common shareholders 50 47
Capital expenditures 414 534
Operating Segments | Ameren Illinois Electric Distribution    
Segment Reporting Information [Line Items]    
Revenues 464 411
Net income (loss) attributable to common shareholders 49 46
Capital expenditures 138 157
Operating Segments | Ameren Illinois Natural Gas    
Segment Reporting Information [Line Items]    
Revenues 481 347
Net income (loss) attributable to common shareholders 80 75
Capital expenditures 49 48
Operating Segments | Ameren Transmission    
Segment Reporting Information [Line Items]    
Revenues 126 113
Net income (loss) attributable to common shareholders 58 47
Capital expenditures 172 141
Operating Segments | Ameren Illinois Company | Ameren Illinois Electric Distribution    
Segment Reporting Information [Line Items]    
Revenues 465 411
Net income (loss) attributable to common shareholders 49 46
Capital expenditures 138 157
Operating Segments | Ameren Illinois Company | Ameren Illinois Natural Gas    
Segment Reporting Information [Line Items]    
Revenues 481 347
Net income (loss) attributable to common shareholders 80 75
Capital expenditures 49 48
Operating Segments | Ameren Illinois Company | Ameren Illinois Transmission    
Segment Reporting Information [Line Items]    
Revenues 78 65
Net income (loss) attributable to common shareholders 40 28
Capital expenditures 155 132
Intersegment Eliminations    
Segment Reporting Information [Line Items]    
Intersegment revenues (31) (26)
Capital expenditures (1) 6
Intersegment Eliminations | Union Electric Company    
Segment Reporting Information [Line Items]    
Intersegment revenues (10) (9)
Intersegment Eliminations | Ameren Illinois Electric Distribution    
Segment Reporting Information [Line Items]    
Intersegment revenues (1) 0
Intersegment Eliminations | Ameren Illinois Natural Gas    
Segment Reporting Information [Line Items]    
Intersegment revenues 0 0
Intersegment Eliminations | Ameren Transmission    
Segment Reporting Information [Line Items]    
Intersegment revenues (20) (17)
Intersegment Eliminations | Ameren Illinois Company    
Segment Reporting Information [Line Items]    
Intersegment revenues (20) (16)
Intersegment Eliminations | Ameren Illinois Company | Ameren Illinois Electric Distribution    
Segment Reporting Information [Line Items]    
Intersegment revenues 0 0
Intersegment Eliminations | Ameren Illinois Company | Ameren Illinois Natural Gas    
Segment Reporting Information [Line Items]    
Intersegment revenues 0 0
Intersegment Eliminations | Ameren Illinois Company | Ameren Illinois Transmission    
Segment Reporting Information [Line Items]    
Intersegment revenues (20) (16)
Other    
Segment Reporting Information [Line Items]    
Net income (loss) attributable to common shareholders 15 18
Capital expenditures $ 2 $ 1
v3.22.1
Segment Information (Disaggregation of Revenue) (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Disaggregation of Revenue [Line Items]    
Revenues $ 1,879 $ 1,566
Revenues 1,879 1,566
Revenues from alternative revenue programs 45 53
Other revenues not from contracts with customers 3 2
Union Electric Company    
Disaggregation of Revenue [Line Items]    
Revenues from alternative revenue programs (6) (10)
Other revenues not from contracts with customers 0 (2)
Ameren Illinois Electric Distribution    
Disaggregation of Revenue [Line Items]    
Revenues from alternative revenue programs 55 61
Other revenues not from contracts with customers 2 3
Ameren Illinois Natural Gas    
Disaggregation of Revenue [Line Items]    
Revenues from alternative revenue programs (5) 3
Other revenues not from contracts with customers 1 1
Ameren Transmission    
Disaggregation of Revenue [Line Items]    
Revenues from alternative revenue programs 1 (1)
Other revenues not from contracts with customers 0 0
Electricity    
Disaggregation of Revenue [Line Items]    
Revenues 1,318 1,156
Revenues 1,318 1,156
Electricity | Residential    
Disaggregation of Revenue [Line Items]    
Revenues 595 541
Electricity | Commercial    
Disaggregation of Revenue [Line Items]    
Revenues 398 348
Electricity | Industrial    
Disaggregation of Revenue [Line Items]    
Revenues 102 86
Electricity | Other    
Disaggregation of Revenue [Line Items]    
Revenues 223 181
Natural gas    
Disaggregation of Revenue [Line Items]    
Revenues 561 410
Revenues 561 410
Natural gas | Residential    
Disaggregation of Revenue [Line Items]    
Revenues 420 285
Natural gas | Commercial    
Disaggregation of Revenue [Line Items]    
Revenues 119 79
Natural gas | Industrial    
Disaggregation of Revenue [Line Items]    
Revenues 19 15
Natural gas | Other    
Disaggregation of Revenue [Line Items]    
Revenues 3 31
Ameren Illinois Company    
Disaggregation of Revenue [Line Items]    
Revenues 1,024 823
Revenues 1,024 823
Revenues from alternative revenue programs 51 63
Other revenues not from contracts with customers 3 4
Ameren Illinois Company | Residential    
Disaggregation of Revenue [Line Items]    
Revenues 632 480
Ameren Illinois Company | Commercial    
Disaggregation of Revenue [Line Items]    
Revenues 255 196
Ameren Illinois Company | Industrial    
Disaggregation of Revenue [Line Items]    
Revenues 62 48
Ameren Illinois Company | Other    
Disaggregation of Revenue [Line Items]    
Revenues 75 99
Ameren Illinois Company | Ameren Illinois Electric Distribution    
Disaggregation of Revenue [Line Items]    
Revenues from alternative revenue programs 55 61
Other revenues not from contracts with customers 2 3
Ameren Illinois Company | Ameren Illinois Natural Gas    
Disaggregation of Revenue [Line Items]    
Revenues from alternative revenue programs (5) 3
Other revenues not from contracts with customers 1 1
Ameren Illinois Company | Ameren Illinois Transmission    
Disaggregation of Revenue [Line Items]    
Revenues from alternative revenue programs 1 (1)
Other revenues not from contracts with customers 0 0
Ameren Illinois Company | Electricity    
Disaggregation of Revenue [Line Items]    
Revenues 543 476
Ameren Illinois Company | Natural gas    
Disaggregation of Revenue [Line Items]    
Revenues 481 347
Operating Segments | Union Electric Company    
Disaggregation of Revenue [Line Items]    
Revenues 808 695
Revenues 818 704
Operating Segments | Ameren Illinois Electric Distribution    
Disaggregation of Revenue [Line Items]    
Revenues 464 411
Revenues 465 411
Operating Segments | Ameren Illinois Natural Gas    
Disaggregation of Revenue [Line Items]    
Revenues 481 347
Revenues 481 347
Operating Segments | Ameren Transmission    
Disaggregation of Revenue [Line Items]    
Revenues 126 113
Revenues 146 130
Operating Segments | Electricity | Union Electric Company    
Disaggregation of Revenue [Line Items]    
Revenues 738 641
Operating Segments | Electricity | Union Electric Company | Residential    
Disaggregation of Revenue [Line Items]    
Revenues 332 312
Operating Segments | Electricity | Union Electric Company | Commercial    
Disaggregation of Revenue [Line Items]    
Revenues 240 216
Operating Segments | Electricity | Union Electric Company | Industrial    
Disaggregation of Revenue [Line Items]    
Revenues 57 52
Operating Segments | Electricity | Union Electric Company | Other    
Disaggregation of Revenue [Line Items]    
Revenues 109 61
Operating Segments | Electricity | Ameren Illinois Electric Distribution    
Disaggregation of Revenue [Line Items]    
Revenues 465 411
Operating Segments | Electricity | Ameren Illinois Electric Distribution | Residential    
Disaggregation of Revenue [Line Items]    
Revenues 263 229
Operating Segments | Electricity | Ameren Illinois Electric Distribution | Commercial    
Disaggregation of Revenue [Line Items]    
Revenues 158 132
Operating Segments | Electricity | Ameren Illinois Electric Distribution | Industrial    
Disaggregation of Revenue [Line Items]    
Revenues 45 34
Operating Segments | Electricity | Ameren Illinois Electric Distribution | Other    
Disaggregation of Revenue [Line Items]    
Revenues (1) 16
Operating Segments | Electricity | Ameren Illinois Natural Gas    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Operating Segments | Electricity | Ameren Illinois Natural Gas | Residential    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Operating Segments | Electricity | Ameren Illinois Natural Gas | Commercial    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Operating Segments | Electricity | Ameren Illinois Natural Gas | Industrial    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Operating Segments | Electricity | Ameren Illinois Natural Gas | Other    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Operating Segments | Electricity | Ameren Transmission    
Disaggregation of Revenue [Line Items]    
Revenues 146 130
Operating Segments | Electricity | Ameren Transmission | Residential    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Operating Segments | Electricity | Ameren Transmission | Commercial    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Operating Segments | Electricity | Ameren Transmission | Industrial    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Operating Segments | Electricity | Ameren Transmission | Other    
Disaggregation of Revenue [Line Items]    
Revenues 146 130
Operating Segments | Natural gas | Union Electric Company    
Disaggregation of Revenue [Line Items]    
Revenues 80 63
Operating Segments | Natural gas | Union Electric Company | Residential    
Disaggregation of Revenue [Line Items]    
Revenues 51 34
Operating Segments | Natural gas | Union Electric Company | Commercial    
Disaggregation of Revenue [Line Items]    
Revenues 22 15
Operating Segments | Natural gas | Union Electric Company | Industrial    
Disaggregation of Revenue [Line Items]    
Revenues 2 1
Operating Segments | Natural gas | Union Electric Company | Other    
Disaggregation of Revenue [Line Items]    
Revenues 5 13
Operating Segments | Natural gas | Ameren Illinois Electric Distribution    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Operating Segments | Natural gas | Ameren Illinois Electric Distribution | Residential    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Operating Segments | Natural gas | Ameren Illinois Electric Distribution | Commercial    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Operating Segments | Natural gas | Ameren Illinois Electric Distribution | Industrial    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Operating Segments | Natural gas | Ameren Illinois Electric Distribution | Other    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Operating Segments | Natural gas | Ameren Illinois Natural Gas    
Disaggregation of Revenue [Line Items]    
Revenues 481 347
Operating Segments | Natural gas | Ameren Illinois Natural Gas | Residential    
Disaggregation of Revenue [Line Items]    
Revenues 369 251
Operating Segments | Natural gas | Ameren Illinois Natural Gas | Commercial    
Disaggregation of Revenue [Line Items]    
Revenues 97 64
Operating Segments | Natural gas | Ameren Illinois Natural Gas | Industrial    
Disaggregation of Revenue [Line Items]    
Revenues 17 14
Operating Segments | Natural gas | Ameren Illinois Natural Gas | Other    
Disaggregation of Revenue [Line Items]    
Revenues (2) 18
Operating Segments | Natural gas | Ameren Transmission    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Operating Segments | Natural gas | Ameren Transmission | Residential    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Operating Segments | Natural gas | Ameren Transmission | Commercial    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Operating Segments | Natural gas | Ameren Transmission | Industrial    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Operating Segments | Natural gas | Ameren Transmission | Other    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Operating Segments | Ameren Illinois Company | Ameren Illinois Electric Distribution    
Disaggregation of Revenue [Line Items]    
Revenues 465 411
Operating Segments | Ameren Illinois Company | Ameren Illinois Natural Gas    
Disaggregation of Revenue [Line Items]    
Revenues 481 347
Operating Segments | Ameren Illinois Company | Ameren Illinois Transmission    
Disaggregation of Revenue [Line Items]    
Revenues 78 65
Operating Segments | Ameren Illinois Company | Electricity | Ameren Illinois Electric Distribution    
Disaggregation of Revenue [Line Items]    
Revenues 465 411
Operating Segments | Ameren Illinois Company | Electricity | Ameren Illinois Electric Distribution | Residential    
Disaggregation of Revenue [Line Items]    
Revenues 263 229
Operating Segments | Ameren Illinois Company | Electricity | Ameren Illinois Electric Distribution | Commercial    
Disaggregation of Revenue [Line Items]    
Revenues 158 132
Operating Segments | Ameren Illinois Company | Electricity | Ameren Illinois Electric Distribution | Industrial    
Disaggregation of Revenue [Line Items]    
Revenues 45 34
Operating Segments | Ameren Illinois Company | Electricity | Ameren Illinois Electric Distribution | Other    
Disaggregation of Revenue [Line Items]    
Revenues (1) 16
Operating Segments | Ameren Illinois Company | Electricity | Ameren Illinois Transmission    
Disaggregation of Revenue [Line Items]    
Revenues 98 81
Operating Segments | Ameren Illinois Company | Electricity | Ameren Illinois Transmission | Residential    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Operating Segments | Ameren Illinois Company | Electricity | Ameren Illinois Transmission | Commercial    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Operating Segments | Ameren Illinois Company | Electricity | Ameren Illinois Transmission | Industrial    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Operating Segments | Ameren Illinois Company | Electricity | Ameren Illinois Transmission | Other    
Disaggregation of Revenue [Line Items]    
Revenues 98 81
Operating Segments | Ameren Illinois Company | Natural gas | Ameren Illinois Natural Gas    
Disaggregation of Revenue [Line Items]    
Revenues 481 347
Operating Segments | Ameren Illinois Company | Natural gas | Ameren Illinois Natural Gas | Residential    
Disaggregation of Revenue [Line Items]    
Revenues 369 251
Operating Segments | Ameren Illinois Company | Natural gas | Ameren Illinois Natural Gas | Commercial    
Disaggregation of Revenue [Line Items]    
Revenues 97 64
Operating Segments | Ameren Illinois Company | Natural gas | Ameren Illinois Natural Gas | Industrial    
Disaggregation of Revenue [Line Items]    
Revenues 17 14
Operating Segments | Ameren Illinois Company | Natural gas | Ameren Illinois Natural Gas | Other    
Disaggregation of Revenue [Line Items]    
Revenues (2) 18
Intersegment Eliminations    
Disaggregation of Revenue [Line Items]    
Revenues (31) (26)
Revenues (31) (26)
Intersegment Eliminations | Union Electric Company    
Disaggregation of Revenue [Line Items]    
Revenues (10) (9)
Intersegment Eliminations | Ameren Illinois Electric Distribution    
Disaggregation of Revenue [Line Items]    
Revenues (1) 0
Intersegment Eliminations | Ameren Illinois Natural Gas    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Intersegment Eliminations | Ameren Transmission    
Disaggregation of Revenue [Line Items]    
Revenues (20) (17)
Intersegment Eliminations | Electricity    
Disaggregation of Revenue [Line Items]    
Revenues (31) (26)
Intersegment Eliminations | Electricity | Residential    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Intersegment Eliminations | Electricity | Commercial    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Intersegment Eliminations | Electricity | Industrial    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Intersegment Eliminations | Electricity | Other    
Disaggregation of Revenue [Line Items]    
Revenues (31) (26)
Intersegment Eliminations | Natural gas    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Intersegment Eliminations | Natural gas | Residential    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Intersegment Eliminations | Natural gas | Commercial    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Intersegment Eliminations | Natural gas | Industrial    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Intersegment Eliminations | Natural gas | Other    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Intersegment Eliminations | Ameren Illinois Company    
Disaggregation of Revenue [Line Items]    
Revenues (20) (16)
Revenues (20) (16)
Intersegment Eliminations | Ameren Illinois Company | Residential    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Intersegment Eliminations | Ameren Illinois Company | Commercial    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Intersegment Eliminations | Ameren Illinois Company | Industrial    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Intersegment Eliminations | Ameren Illinois Company | Other    
Disaggregation of Revenue [Line Items]    
Revenues (20) (16)
Intersegment Eliminations | Ameren Illinois Company | Ameren Illinois Electric Distribution    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Intersegment Eliminations | Ameren Illinois Company | Ameren Illinois Natural Gas    
Disaggregation of Revenue [Line Items]    
Revenues 0 0
Intersegment Eliminations | Ameren Illinois Company | Ameren Illinois Transmission    
Disaggregation of Revenue [Line Items]    
Revenues $ (20) $ (16)