AMEREN CORP, 10-Q filed on 11/8/2019
Quarterly Report
v3.19.3
Document and Entity Information - shares
9 Months Ended
Sep. 30, 2019
Oct. 31, 2019
Entity Information [Line Items]    
Entity Central Index Key 0001002910  
Current Fiscal Year End Date --12-31  
Document Fiscal Year Focus 2019  
Document Fiscal Period Focus Q3  
Amendment Flag false  
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Sep. 30, 2019  
Document Transition Report false  
Entity Registrant Name Ameren Corporation  
Entity File Number 1-14756  
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 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  
Entity Common Stock, Shares Outstanding   246,029,792
Union Electric Company    
Entity Information [Line Items]    
Entity Central Index Key 0000100826  
Current Fiscal Year End Date --12-31  
Document Fiscal Year Focus 2019  
Document Fiscal Period Focus Q3  
Amendment Flag false  
Entity Registrant Name Union Electric Company  
Entity File Number 1-2967  
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  
Entity Common Stock, Shares Outstanding   102,123,834
Ameren Illinois Company    
Entity Information [Line Items]    
Entity Central Index Key 0000018654  
Current Fiscal Year End Date --12-31  
Document Fiscal Year Focus 2019  
Document Fiscal Period Focus Q3  
Amendment Flag false  
Entity Registrant Name Ameren Illinois Company  
Entity File Number 1-3672  
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  
Entity Common Stock, Shares Outstanding   25,452,373
v3.19.3
Consolidated Statement of Income (Loss) and Comprehensive Income (Loss) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Operating Revenues:        
Revenue from Contract with Customer, Including Assessed Tax $ 1,659 $ 1,724 $ 4,594 $ 4,872
Operating Expenses:        
Fuel 147 216 409 590
Purchased Power 148 148 440 453
Natural gas purchased for resale 31 30 236 252
Other operations and maintenance 434 429 1,301 1,299
Depreciation and amortization 248 241 745 713
Taxes other than income taxes 131 127 375 374
Total operating expenses 1,139 1,191 3,506 3,681
Operating Income 520 533 1,088 1,191
Other Income (Expense), Net 34 32 99 84
Interest Charges 96 101 290 302
Income Before Income Taxes 458 464 897 973
Income Taxes 92 105 158 221
Net income 366 359 739 752
Less: Net Income Attributable to Noncontrolling Interests 2 2 5 5
Net income attributable to Ameren common shareholders 364 357 734 747
Pension and other postretirement benefit plan activity, net of income taxes (benefit) 0 2 1 1
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest 366 361 740 753
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest 2 2 5 5
Comprehensive Income $ 364 $ 359 $ 735 $ 748
Earnings Per Share, Basic and Diluted [Abstract]        
Earnings Per Share, Basic $ 1.48 $ 1.46 $ 2.99 $ 3.06
Earnings Per Share, Diluted $ 1.47 $ 1.45 $ 2.97 $ 3.04
Average Common Shares Outstanding - Basic (in shares) 245.9 244.1 245.5 243.6
Weighted Average Number of Shares Outstanding, Diluted (in shares) 247.5 246.3 247.0 245.5
Electricity        
Operating Revenues:        
Revenue from Contract with Customer, Including Assessed Tax $ 1,528 $ 1,590 $ 3,928 $ 4,209
Natural Gas        
Operating Revenues:        
Revenue from Contract with Customer, Including Assessed Tax 131 134 666 663
Union Electric Company        
Operating Revenues:        
Revenue from Contract with Customer, Including Assessed Tax 1,059 1,129 2,615 2,876
Operating Expenses:        
Fuel 147 216 409 590
Purchased Power 49 49 160 131
Natural gas purchased for resale 6 5 41 37
Other operations and maintenance 242 234 720 707
Depreciation and amortization 138 137 417 411
Taxes other than income taxes 96 94 256 258
Total operating expenses 678 735 2,003 2,134
Operating Income 381 394 612 742
Other Income (Expense), Net 15 16 43 45
Interest Charges 44 50 136 152
Income Before Income Taxes 352 360 519 635
Income Taxes 51 65 70 132
Net income 301 295 449 503
Preferred Stock Dividends 1 1 3 3
Net Income (Loss) Attributable to Parent 300 294 446 500
Union Electric Company | Electricity        
Operating Revenues:        
Revenue from Contract with Customer, Including Assessed Tax 1,040 1,111 2,517 2,782
Union Electric Company | Natural Gas        
Operating Revenues:        
Revenue from Contract with Customer, Including Assessed Tax 19 18 98 94
Ameren Illinois Company        
Operating Revenues:        
Revenue from Contract with Customer, Including Assessed Tax 564 564 1,873 1,902
Operating Expenses:        
Purchased Power 101 105 284 334
Natural gas purchased for resale 25 25 195 215
Other operations and maintenance 193 195 580 590
Depreciation and amortization 102 94 304 278
Taxes other than income taxes 33 32 110 108
Total operating expenses 454 451 1,473 1,525
Operating Income 110 113 400 377
Other Income (Expense), Net 13 11 39 30
Interest Charges 38 38 111 112
Income Before Income Taxes 85 86 328 295
Income Taxes 20 23 79 73
Net income 65 63 249 222
Preferred Stock Dividends 0 0 2 2
Net Income (Loss) Attributable to Parent 65 63 247 220
Ameren Illinois Company | Electricity        
Operating Revenues:        
Revenue from Contract with Customer, Including Assessed Tax 452 448 1,305 1,333
Ameren Illinois Company | Natural Gas        
Operating Revenues:        
Revenue from Contract with Customer, Including Assessed Tax $ 112 $ 116 $ 568 $ 569
v3.19.3
Consolidated Statement of Income (Loss) and Comprehensive Income (Loss) (Parenthetical) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Pension and other postretirement benefit plan activity, tax expense (benefit) $ 0 $ 0 $ 0 $ 0
v3.19.3
Consolidated Balance Sheet - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 20 $ 16
Accounts receivable - trade (less allowance for doubtful accounts) 478 463
Unbilled revenue 273 295
Miscellaneous accounts receivable 56 79
Inventories 488 483
Current regulatory assets 74 134
Other current assets 106 63
Total current assets 1,495 1,533
Property, Plant, and Equipment, Net 23,894 22,810
Investments and Other Assets:    
Nuclear decommissioning trust fund 798 684
Goodwill 411 411
Regulatory Assets, Noncurrent 1,168 1,127
Other assets 780 650
Total investments and other assets 3,157 2,872
TOTAL ASSETS 28,546 27,215
Current Liabilities:    
Current maturities of long-term debt 336 580
Short-term Debt 544 597
Accounts and wages payable 598 817
Taxes accrued 164 53
Current regulatory liabilities 121 149
Other current liabilities 522 491
Total current liabilities 2,285 2,687
Long-term Debt, Net 8,651 7,859
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes, net 2,902 2,666
Regulatory Liability, Noncurrent 4,845 4,637
Asset retirement obligations 671 627
Pension and other postretirement benefits 522 558
Other deferred credits and liabilities 466 408
Total deferred credits and other liabilities 9,406 8,896
Commitments and Contingencies
Stockholders' Equity:    
Common Stock 2 2
Other paid-in capital 5,673 5,627
Retained earnings 2,408 2,024
Accumulated other comprehensive income (loss) (21) (22)
Shareholder's equity 8,062 7,631
Noncontrolling Interest 142 142
Total equity 8,204 7,773
TOTAL LIABILITIES AND EQUITY 28,546 27,215
Union Electric Company    
Current Assets:    
Cash and cash equivalents 0 0
Accounts receivable - trade (less allowance for doubtful accounts) 243 223
Accounts receivable - affiliates 20 14
Unbilled revenue 156 155
Miscellaneous accounts receivable 41 42
Inventories 356 358
Other current assets 66 40
Total current assets 882 832
Property, Plant, and Equipment, Net 12,452 12,103
Investments and Other Assets:    
Nuclear decommissioning trust fund 798 684
Regulatory Assets, Noncurrent 358 366
Other assets 370 306
Total investments and other assets 1,526 1,356
TOTAL ASSETS 14,860 14,291
Current Liabilities:    
Current maturities of long-term debt 336 580
Short-term Debt 144 55
Accounts and wages payable 261 428
Accounts payable - affiliates 126 69
Taxes accrued 148 27
Other current liabilities 240 243
Total current liabilities 1,255 1,402
Long-term Debt, Net 3,779 3,418
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes, net 1,619 1,576
Regulatory Liability, Noncurrent 2,860 2,799
Asset retirement obligations 667 623
Pension and other postretirement benefits 211 228
Other deferred credits and liabilities 44 16
Total deferred credits and other liabilities 5,401 5,242
Commitments and Contingencies
Stockholders' Equity:    
Common Stock 511 511
Other paid-in capital 1,903 1,903
Preferred stock 80 80
Retained earnings 1,931 1,735
Shareholder's equity 4,425 4,229
TOTAL LIABILITIES AND EQUITY 14,860 14,291
Ameren Illinois Company    
Current Assets:    
Cash and cash equivalents 0 0
Accounts receivable - trade (less allowance for doubtful accounts) 222 224
Accounts receivable - affiliates 38 21
Unbilled revenue 117 140
Miscellaneous accounts receivable 16 40
Inventories 132 125
Current regulatory assets 58 110
Other current assets 26 16
Total current assets 609 676
Property, Plant, and Equipment, Net 9,819 9,198
Investments and Other Assets:    
Goodwill 411 411
Regulatory Assets, Noncurrent 796 759
Other assets 311 275
Total investments and other assets 1,518 1,445
TOTAL ASSETS 11,946 11,319
Current Liabilities:    
Short-term Debt 310 72
Accounts and wages payable 247 302
Accounts payable - affiliates 67 58
Customer deposits 71 76
Current environmental remediation 56 42
Current regulatory liabilities 49 62
Other current liabilities 176 184
Total current liabilities 976 796
Long-term Debt, Net 3,279 3,296
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes, net 1,180 1,119
Regulatory Liability, Noncurrent 1,884 1,741
Pension and other postretirement benefits 261 280
Environmental remediation 85 109
Other deferred credits and liabilities 260 204
Total deferred credits and other liabilities 3,670 3,453
Commitments and Contingencies
Stockholders' Equity:    
Common Stock 0 0
Other paid-in capital 2,173 2,173
Preferred stock 62 62
Retained earnings 1,786 1,539
Shareholder's equity 4,021 3,774
TOTAL LIABILITIES AND EQUITY $ 11,946 $ 11,319
v3.19.3
Consolidated Balance Sheet (Parenthetical) - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Accounts receivable - trade allowance for doubtful accounts $ 19 $ 18
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 400,000,000 400,000,000
Common Stock, Shares, Outstanding 246,000,000 244,500,000
Union Electric Company    
Accounts receivable - trade allowance for doubtful accounts $ 8 $ 7
Common stock, par value (in dollars per share) $ 5 $ 5
Common stock, shares authorized (in shares) 150,000,000 150,000,000
Common Stock, Shares, Outstanding 102,100,000 102,100,000
Ameren Illinois Company    
Accounts receivable - trade allowance for doubtful accounts $ 11 $ 11
Common stock, no par value (in dollars per share) $ 0 $ 0
Common stock, shares authorized (in shares) 45,000,000 45,000,000
Common Stock, Shares, Outstanding 25,500,000 25,500,000
v3.19.3
Consolidated Statement of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash Flows From Operating Activities:    
Net income $ 739 $ 752
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 745 699
Amortization of nuclear fuel 56 71
Amortization of debt issuance costs and premium/discounts 14 16
Deferred income taxes and investment tax credits, net 144 212
Allowance for equity funds used during construction (20) (25)
Stock-based compensation costs 15 15
Other (11) 21
Changes in assets and liabilities:    
Receivables 10 (129)
Inventories (4) (4)
Accounts and wages payable (205) (198)
Taxes accrued 118 92
Regulatory assets and liabilities 147 213
Assets, other (56) (2)
Liabilities, other 11 (45)
Pension and other postretirement benefits (35) (2)
Net cash provided by operating activities 1,668 1,686
Cash Flows From Investing Activities:    
Capital expenditures (1,761) (1,689)
Nuclear fuel expenditures (26) (30)
Purchases of securities – nuclear decommissioning trust fund (192) (172)
Sales and maturities of securities – nuclear decommissioning trust fund 184 159
Purchase of bonds (207) 0
Proceeds from sale of remarketed bonds 207 0
Other (3) 13
Net cash used in investing activities (1,798) (1,719)
Cash Flows From Financing Activities:    
Dividends on common stock (350) (334)
Dividends paid to noncontrolling interest holders (5) (5)
Short-term debt, net (53) 36
Maturities of long-term debt (329) (522)
Issuances of long-term debt 900 853
Issuances of common stock 54 56
Employee payroll taxes related to stock-based compensation (29) (19)
Debt issuance costs (10) (9)
Other 0 1
Net cash provided by financing activities 178 57
Net change in cash, cash equivalents, and restricted cash 48 24
Cash, cash equivalents, and restricted cash at beginning of year 107 68
Cash, cash equivalents, and restricted cash at end of period 155 92
Union Electric Company    
Cash Flows From Operating Activities:    
Net income 449 503
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 419 398
Amortization of nuclear fuel 56 71
Amortization of debt issuance costs and premium/discounts 4 4
Deferred income taxes and investment tax credits, net (9) 4
Allowance for equity funds used during construction (14) (19)
Other 10 14
Changes in assets and liabilities:    
Receivables (32) (156)
Inventories 3 3
Accounts and wages payable (153) (168)
Taxes accrued 148 148
Regulatory assets and liabilities 5 149
Assets, other (37) 0
Liabilities, other (4) 7
Pension and other postretirement benefits (5) 3
Net cash provided by operating activities 840 961
Cash Flows From Investing Activities:    
Capital expenditures (751) (664)
Nuclear fuel expenditures (26) (30)
Purchases of securities – nuclear decommissioning trust fund (192) (172)
Sales and maturities of securities – nuclear decommissioning trust fund 184 159
Purchase of bonds (207) 0
Proceeds from sale of remarketed bonds 207 0
Money pool advances, net 0 (28)
Net cash used in investing activities (785) (735)
Cash Flows From Financing Activities:    
Dividends on common stock (250) (225)
Dividends on preferred stock (3) (3)
Short-term debt, net 89 (39)
Maturities of long-term debt (329) (378)
Issuances of long-term debt 450 423
Debt issuance costs (6) (4)
Net cash provided by financing activities (49) (226)
Net change in cash, cash equivalents, and restricted cash 6 0
Cash, cash equivalents, and restricted cash at beginning of year 8 7
Cash, cash equivalents, and restricted cash at end of period 14 7
Ameren Illinois Company    
Cash Flows From Operating Activities:    
Net income 249 222
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 303 278
Amortization of debt issuance costs and premium/discounts 9 10
Deferred income taxes and investment tax credits, net 42 56
Allowance for equity funds used during construction (6) (6)
Other 8 5
Changes in assets and liabilities:    
Receivables 18 21
Inventories (7) (7)
Accounts and wages payable (48) (44)
Taxes accrued 14 (40)
Regulatory assets and liabilities 147 63
Assets, other (15) 0
Liabilities, other 13 (40)
Pension and other postretirement benefits (27) (8)
Net cash provided by operating activities 706 516
Cash Flows From Investing Activities:    
Capital expenditures (900) (947)
Other (3) 10
Net cash used in investing activities (903) (937)
Cash Flows From Financing Activities:    
Dividends on preferred stock (2) (2)
Short-term debt, net 237 46
Money pool borrowings, net 0 45
Maturities of long-term debt 0 (144)
Issuances of long-term debt 0 430
Debt issuance costs 0 (5)
Capital contribution from parent 0 80
Other (1) 1
Net cash provided by financing activities 234 451
Net change in cash, cash equivalents, and restricted cash 37 30
Cash, cash equivalents, and restricted cash at beginning of year 80 41
Cash, cash equivalents, and restricted cash at end of period $ 117 $ 71
v3.19.3
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 (Loss)
Noncontrolling Interests
Total Ameren Corporation Shareholders' Equity
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 period at Dec. 31, 2017     $ 5,540 $ 1,660 $ (18)   $ 142           $ 1,632     $ 2,013   $ 1,235
Shares issued under the DRPlus and 401(k) plan     56                              
Stock-based compensation activity     2                              
Capital contribution from parent                           $ (80)   80    
Net income $ 752               $ 503       503 222       222
Net income attributable to Ameren common shareholders 747     747                            
Common stock dividends       (334)                 (225)          
Preferred stock dividends                         (3)         (2)
Change in deferred retirement benefit costs 1       1                          
Net income attributable to noncontrolling interest holders $ (5)           5                      
Dividends paid to noncontrolling interest holders             (5)                      
Common stock shares outstanding at beginning of period at Dec. 31, 2017 242,600,000                                  
Stock Issued During Period, Shares, New Issues 900,000                                  
Stock Issued During Period, Shares, Other 700,000                                  
Common stock shares outstanding at end of period at Sep. 30, 2018 244,200,000                                  
End of period at Sep. 30, 2018 $ 7,798 $ 2 5,598 2,073 (17) $ (17) 142     $ 511 $ 1,858 $ 80 1,907   $ 0 2,093 $ 62 1,455
Dividends per Common Share (in dollars per share) $ 1.3725                                  
Shareholders' equity, end of year at Sep. 30, 2018               $ 7,656 4,356         3,610        
Beginning of period at Jun. 30, 2018     5,576 1,827 (19)   142           1,788     2,093   1,392
Shares issued under the DRPlus and 401(k) plan     16                              
Stock-based compensation activity     6                              
Capital contribution from parent                               0    
Net income $ 359               295       295 63       63
Net income attributable to Ameren common shareholders 357     357                            
Common stock dividends       (111)                 (175)          
Preferred stock dividends                         (1)         0
Change in deferred retirement benefit costs 2       2                          
Net income attributable to noncontrolling interest holders $ (2)           2                      
Dividends paid to noncontrolling interest holders             (2)                      
Common stock shares outstanding at beginning of period at Jun. 30, 2018 244,000,000.0                                  
Stock Issued During Period, Shares, New Issues 200,000                                  
Stock Issued During Period, Shares, Other 0                                  
Common stock shares outstanding at end of period at Sep. 30, 2018 244,200,000                                  
End of period at Sep. 30, 2018 $ 7,798 2 5,598 2,073 (17) (17) 142     511 1,858 80 1,907   0 2,093 62 1,455
Dividends per Common Share (in dollars per share) $ 0.4575                                  
Shareholders' equity, end of year at Sep. 30, 2018               7,656 4,356         3,610        
Beginning of period at Dec. 31, 2018 $ 7,773   5,627 2,024 (22)   142           1,735     2,173   1,539
Shares issued under the DRPlus and 401(k) plan     54                              
Stock-based compensation activity     (8)                              
Capital contribution from parent                           0   0    
Net income 739               $ 449       449 $ 249       249
Net income attributable to Ameren common shareholders 734     734                            
Common stock dividends       (350)                 (250)          
Preferred stock dividends                         (3)         (2)
Change in deferred retirement benefit costs 1       1                          
Net income attributable to noncontrolling interest holders $ (5)           5                      
Dividends paid to noncontrolling interest holders             (5)                      
Common stock shares outstanding at beginning of period at Dec. 31, 2018 244,500,000               102,100,000         25,500,000        
Stock Issued During Period, Shares, New Issues 700,000                                  
Stock Issued During Period, Shares, Other 800,000                                  
Common stock shares outstanding at end of period at Sep. 30, 2019 246,000,000               102,100,000         25,500,000        
End of period at Sep. 30, 2019 $ 8,204 2 5,673 2,408 (21) (21) 142     511 1,903 80 1,931   0 2,173 62 1,786
Dividends per Common Share (in dollars per share) $ 1.4250                                  
Shareholders' equity, end of year at Sep. 30, 2019 $ 8,062             8,062 $ 4,425         $ 4,021        
Beginning of period at Jun. 30, 2019     5,649 2,161 (21)   142           1,781     2,173   1,721
Shares issued under the DRPlus and 401(k) plan     17                              
Stock-based compensation activity     7                              
Capital contribution from parent                               0    
Net income 366               $ 301       301 $ 65       65
Net income attributable to Ameren common shareholders 364     364                            
Common stock dividends       (117)                 (150)          
Preferred stock dividends                         (1)         0
Change in deferred retirement benefit costs 0       0                          
Net income attributable to noncontrolling interest holders $ (2)           2                      
Dividends paid to noncontrolling interest holders             (2)                      
Common stock shares outstanding at beginning of period at Jun. 30, 2019 245,800,000                                  
Stock Issued During Period, Shares, New Issues 200,000                                  
Stock Issued During Period, Shares, Other 0                                  
Common stock shares outstanding at end of period at Sep. 30, 2019 246,000,000               102,100,000         25,500,000        
End of period at Sep. 30, 2019 $ 8,204 $ 2 $ 5,673 $ 2,408 $ (21) $ (21) $ 142     $ 511 $ 1,903 $ 80 $ 1,931   $ 0 $ 2,173 $ 62 $ 1,786
Dividends per Common Share (in dollars per share) $ 0.4750                                  
Shareholders' equity, end of year at Sep. 30, 2019 $ 8,062             $ 8,062 $ 4,425         $ 4,021        
v3.19.3
Summary Of Significant Accounting Policies
9 Months Ended
Sep. 30, 2019
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. ATXI is developing the MISO-approved Illinois Rivers and Mark Twain electric transmission projects.
Ameren’s financial statements are prepared on a consolidated basis and therefore include the accounts of its majority-owned subsidiaries. All intercompany transactions have been eliminated, except as disclosed in Note 8 – Related-party Transactions. Ameren Missouri and Ameren Illinois have 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 statement 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 the reported amounts of revenues and expenses during the reported periods. Actual results could differ from those estimates. The results of operations of 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 September 30, 2019, Ameren and Ameren Missouri had interests in unconsolidated variable interest entities that were established to construct wind generation facilities and, ultimately, sell those constructed facilities to Ameren Missouri. Neither Ameren nor Ameren Missouri are the primary beneficiary of these variable interest entities because neither has the power to direct matters that most significantly affect the entities' activities, which include designing, financing, and constructing the wind generation facilities. As a result, these variable interest entities have not been consolidated. As of September 30, 2019, the maximum exposure to loss related to these variable interest entities was approximately $12 million, which primarily represents legal costs incurred. The risk of a loss was assessed to be remote and, accordingly, Ameren and Ameren Missouri have not recognized a liability associated with any portion of the maximum exposure to loss. See Note 2 – Rate and Regulatory Matters for additional information on the agreements to acquire these wind generation facilities.
As of September 30, 2019, and December 31, 2018, Ameren had unconsolidated variable interests as a limited partner in various equity method investments, totaling $27 million and $22 million, respectively, included in “Other assets” on Ameren’s consolidated balance sheet. 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 September 30, 2019, the maximum exposure to loss related to these variable interests is limited to the investment in these partnerships of $27 million plus associated outstanding funding commitments of $37 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 September 30, 2019, the cash surrender value of company-owned life insurance at Ameren and Ameren Illinois was $258 million (December 31, 2018 – $244 million) and $121 million (December 31, 2018 – $122 million), respectively, while total borrowings against the policies were $114 million (December 31, 2018 – $113 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.
Accounting and Reporting Developments
See Note 13 – Supplemental Information for additional information on our adoption of authoritative accounting guidance related to leases. See Note 1 – Summary of Significant Accounting Policies under Part II, Item 8, of the Form 10-K for additional information about recently issued authoritative accounting standards relating to the measurement of credit losses on financial instruments, fair value measurement disclosures, and defined benefit plan disclosures.
v3.19.3
Rate And Regulatory Matters
9 Months Ended
Sep. 30, 2019
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 lawsuits. See also Note 2 – Rate and Regulatory Matters under Part II, Item 8, of the Form 10-K. We are unable to predict the ultimate outcome of these matters, the timing of the final decisions of the various agencies and courts, or the impact on our results of operations, financial position, or liquidity.
Missouri
2019 Electric Service Regulatory Rate Review
In July 2019, Ameren Missouri filed a request with the MoPSC seeking approval to decrease its annual revenues for electric service by $1 million. The electric rate decrease request is based on a 9.95% return on common equity, a capital structure composed of 51.9% common equity, a rate base of $8.0 billion, and a test year ended December 31, 2018, with certain pro-forma adjustments expected through an anticipated true-up date of December 31, 2019. Pro-forma adjustments are also expected for fuel costs, transportation costs, MISO multi-value transmission project expenses, and payroll costs effective as of January 1, 2020. The electric rate decrease request reflects the following:
decreased net energy costs of approximately $100 million otherwise subject to FAC recovery;
higher weather-normalized customer sales volumes, which reduced the rate request by approximately $55 million;
decreased expenses, other than net energy costs, of approximately $20 million, which includes a decrease to those expenses subject to regulatory recovery mechanisms and changes in amortization of regulatory assets and liabilities of approximately $80 million;
increased depreciation and amortization expense of approximately $115 million for new electric infrastructure investments, of which approximately $35 million reflects higher depreciation rates and another $35 million would otherwise be deferred under PISA; and
an increase of approximately $60 million of pre-tax return on rate base, which includes both the debt and equity components, of which approximately $30 million would otherwise be deferred under PISA.
Ameren Missouri’s base rates for electric service, which were last reset on April 1, 2017, and adjusted by a July 2018 MoPSC order, are required to be reset at least every four years to allow for continued use of the FAC. This filing, which includes a request for continued use of the FAC, allows Ameren Missouri to meet that requirement while providing flexibility to time its next regulatory rate review to include wind generation investments expected to be made by the end of 2020.
Ameren Missouri also requested continued use of the regulatory recovery mechanisms for pension and postretirement benefits, uncertain income tax positions and certain excess deferred taxes that the MoPSC previously authorized in earlier electric rate orders.
The MoPSC proceeding relating to the proposed electric service rate changes will take place over a period of up to 11 months, with a decision by the MoPSC expected by late April 2020 and new rates effective by late May 2020. Ameren Missouri cannot predict the level of any electric service rate change the MoPSC may approve, when any rate change may go into effect, whether the requested regulatory recovery mechanisms will be approved, or whether any rate change that may eventually be approved will be sufficient for Ameren Missouri to recover its costs and earn a reasonable return on its investments when the rate change goes into effect.
Wind Generation Facilities and RESRAM
In May 2019, Ameren Missouri entered into a build-transfer agreement to acquire, after construction, an up-to 300-megawatt wind generation facility. In 2018, Ameren Missouri entered into a build-transfer agreement to acquire, after construction, an up-to 400-megawatt wind generation facility. The two build-transfer agreements, which are subject to customary contract terms and conditions, collectively represent approximately $1.2 billion of capital expenditures, are expected to be completed by the end of 2020, and would support Ameren Missouri’s compliance with the Missouri renewable energy standard. Both acquisitions have received all regulatory approvals, and both projects have received all applicable zoning approvals, have entered into RTO interconnection agreements, and have begun construction activities. The county zoning approval process for the Schuyler County portion of the 400-megawatt project is subject to litigation filed in August 2019, which is not expected to affect the completion of the project by the end of 2020. The following table provides information with respect to each build-transfer agreement:    
 
 
Up-to 400-Megawatt Facility
 
Up-to 300-Megawatt Facility
Build-transfer agreement date
 
May 2018
 
May 2019
Wind facility developer
 
Terra-Gen, LLC
 
Invenergy Renewables, LLC(a)
Location
 
Northeastern Missouri
 
Northwestern Missouri
Status of certificate of convenience and necessity from the MoPSC
 
Approved October 2018
 
Approved August 2019
Status of final interconnection costs
 
Received July 2019
 
Received July 2019
Status of RTO transmission interconnection agreement
 
Executed August 2019
 
Executed October 2019
Status of FERC approval
 
Received December 2018
 
Received October 2019
Expected completion date
 
By the end of 2020
 
By the end of 2020
(a)
In October 2019, Invenergy Renewables, LLC acquired the project from Enel North America, Inc.
In 2018, Ameren Missouri entered into a build-transfer agreement to acquire, after construction, a 157-megawatt wind generation facility. In July 2019, Ameren Missouri and the developer mutually agreed to terminate the project due to unacceptable interconnection costs, which made the project uneconomic and not in the best interest of Ameren Missouri’s customers. Abandonment costs incurred as a result of terminating the project were immaterial to Ameren Missouri.
In January 2019, the MoOPC filed an appeal with the Missouri Court of Appeals, Western District, challenging the MoPSC’s December 2018 order allowing Ameren Missouri to recover, through the RESRAM, the 15% of depreciation expense and weighted average cost of capital return not recovered under PISA. In October 2019, the Missouri Court of Appeals, Western District upheld the MoPSC’s order. In November 2019, the MoOPC filed a request for appeal of the MoPSC’s order to the Missouri Supreme Court. The RESRAM is designed to mitigate the impacts of regulatory lag for the cost of compliance with renewable energy standards, including recovery of investments in wind and other renewable energy generation, by providing more timely recovery of costs and a return on investments not already provided for in customer rates or recovered under PISA.
MEEIA
As a result of MoPSC orders issued in September 2017, October 2018, January 2019, and September 2019 related to performance incentives for the MEEIA 2013 and MEEIA 2016 programs, Ameren Missouri recognized revenues of $20 million and $5 million during the first quarter of 2019 and 2018, respectively, and $18 million in the third quarter of 2019.
Request for Deferral of Maintenance Expenses Related to Scheduled Callaway Refueling and Maintenance Outages
In October 2019, Ameren Missouri filed a request with the MoPSC for deferral accounting treatment that would allow Ameren Missouri to defer and amortize maintenance expenses related to scheduled refueling and maintenance outages at its Callaway nuclear energy center. These expenses would be amortized over the period between refueling and maintenance outages, which is approximately 18 months. Ameren Missouri cannot predict the ultimate outcome of this regulatory proceeding. If the request is approved prior to the fall 2020 refueling and maintenance outage, Ameren Missouri would defer the maintenance expenses incurred related to the outage as a regulatory asset and begin to amortize those expenses after completion of the outage.
2018 Natural Gas Delivery Service Regulatory Rate Review
In December 2018, Ameren Missouri filed a request with the MoPSC to increase its annual revenues for natural gas delivery service. In August 2019, the MoPSC issued an order approving a stipulation and agreement to decrease Ameren Missouri’s annual revenues for natural gas delivery service by $1 million. The decrease in annual rates is based on a return on common equity range of 9.4% to 9.95% and a capital structure composed of 52.0% common equity, which was Ameren Missouri’s capital structure as of May 31, 2019. This order allows for the use of ISRS, which will be calculated using an ROE of 9.725%. The order represents a $1 million increase to Ameren Missouri’s annual revenues for natural gas delivery service from interim rates, which were approved by the MoPSC in December 2018. The new rates became effective September 1, 2019.
Illinois
Electric Distribution Service Rates
In April 2019, Ameren Illinois filed its annual electric distribution service formula rate update to establish the revenue requirement to be used for 2020 rates with the ICC. Pending ICC approval, this update filing will result in a $7 million decrease in Ameren Illinois’ electric distribution service rates, beginning in January 2020. This update reflects a decrease for the conclusion of the 2017 revenue requirement reconciliation adjustment, which will be fully collected from customers in 2019, consistent with the ICC’s November 2018 annual update filing order. It also reflects an increase to the annual formula rate based on 2018 actual costs and expected net plant additions for 2019, and an increase to include the 2018 revenue requirement reconciliation adjustment. In August 2019, the ICC staff submitted an updated calculation
of the revenue requirement included in Ameren Illinois’ filing, recommending an amount comparable to that included in Ameren Illinois’ filing. In October 2019, the administrative law judges issued a proposed order consistent with Ameren Illinois’ filing. An ICC decision in this proceeding is expected by December 2019.
Electric Customer Energy-Efficiency Investments
In May 2019, Ameren Illinois filed its annual electric customer energy-efficiency formula rate update to establish the revenue requirement to be used for 2020 rates with the ICC. This rate update is based on an 8.9% return on common equity, a capital structure composed of 50% common equity, and $205 million of net electric customer energy-efficiency investments. Pending ICC approval, this update filing will result in 2020 electric customer energy-efficiency rates of $44 million, which represents an increase of $10 million from 2019 rates. In September 2019, the ICC staff submitted an updated calculation of the revenue requirement included in Ameren Illinois’ filing, recommending an amount comparable to that included in Ameren Illinois’ filing. An ICC decision in this proceeding is expected by December 2019.
ATXI’s Illinois Rivers Project
In August 2017, the Illinois Circuit Court for Edgar County dismissed several of ATXI’s condemnation cases related to the one remaining line segment to be completed in the Illinois Rivers project. These cases had been filed to obtain easements and rights of way necessary to complete the line segment. The court found that required notice was not given to the relevant landowners during the underlying ICC proceeding. Upon appeal, in October 2018, the Illinois Supreme Court reversed the Illinois Circuit Court for Edgar County’s decision and remanded the case for further proceedings. In February 2019, the landowners filed an appeal with the United States Supreme Court, which was denied in April 2019. In the second quarter of 2019, at ATXI’s request, the Illinois Circuit Court for Edgar County reinstated the condemnation cases that were previously dismissed. ATXI expects to complete the line segment in 2020. The estimated line segment capital expenditure investment is approximately $81 million, of which $39 million was invested as of September 30, 2019.
Federal
FERC Complaint Cases
In November 2013, a customer group filed a complaint case with the FERC seeking a reduction in the allowed base return on common equity for FERC-regulated transmission rate base under the MISO tariff from 12.38% to 9.15%. In September 2016, the FERC issued an order in the November 2013 complaint case, which lowered the allowed base return on common equity to 10.32%, or a 10.82% total allowed return on common equity with the inclusion of a 50 basis point incentive adder for participation in an RTO, effective since September 2016. The 10.82% allowed return on common equity may be replaced prospectively after the FERC issues a final order in the February 2015 complaint case, discussed below.
Since the maximum FERC-allowed refund period for the November 2013 complaint case ended in February 2015, another customer complaint case was filed in February 2015. MISO transmission owners subsequently filed a motion to dismiss the February 2015 complaint, as discussed below. The February 2015 complaint case seeks a further reduction in the allowed base return on common equity for FERC-regulated transmission rate base under the MISO tariff. In June 2016, an administrative law judge issued an initial decision in the February 2015 complaint case. If approved by the FERC, it would lower the allowed base return on common equity for the 15-month period of February 2015 to May 2016 to 9.70%, or a 10.20% total allowed return on equity with the inclusion of a 50 basis point incentive adder for participation in an RTO. It would also require customer refunds, with interest, for that 15-month period. A final FERC order would also establish the allowed return on common equity that will apply prospectively from the effective date of such order, replacing the current 10.82% total return on common equity. In April 2017, the United States Court of Appeals for the District of Columbia Circuit vacated and remanded to the FERC an order in an unrelated case in which the FERC established the allowed base return on common equity methodology subsequently used in the two MISO complaint cases described above. In October 2018, the FERC issued an order in the unrelated case that proposed a new methodology for determining the base return on equity, which required further briefs from the participants. In November 2018, the FERC issued an order related to the February 2015 complaint case and the September 2016 order, which required participants to file briefs in February 2019 regarding the FERC’s proposed methodology for determining the base return on common equity, including whether and how to apply the proposed methodology to the two MISO complaint cases. In March 2019, the FERC issued separate Notices of Inquiry regarding its allowed base return on common equity policy and its transmission incentives policy. Initial comments were due by June 2019, and reply comments were due by late August 2019. The Notice of Inquiry addressing the FERC’s return on common equity policy, among other things, broadened the ability to comment on the new methodology beyond electric utilities that are participants in the complaint cases. The transmission incentives Notice of Inquiry was open for comment on the FERC’s transmission incentive policy, including incentive adders to the return on common equity. Ameren is unable to predict the ultimate impact of the proposed methodology on these complaint cases or the Notices of Inquiry at this time. As the FERC is under no deadline to issue a final order, the timing of the final order in the February 2015 complaint case and any potential impact to the amounts refunded as a result of the September 2016 order is uncertain.
In September 2017, MISO transmission owners, including Ameren Missouri, Ameren Illinois, and ATXI, filed a motion to dismiss the February 2015 complaint case with the FERC. The MISO transmission owners maintain that the February 2015 complaint was predicated on
the now superseded 12.38% allowed base return on common equity and is therefore inapplicable given the current 10.32% allowed base return on common equity. The MISO transmission owners further maintain that the current 10.32% allowed base return on common equity has not been proven to be unjust and unreasonable based on information provided, including the base return on common equity methodology ranges set forth in the February 2015 complaint case and in the initial decision issued by an administrative law judge in June 2016. Additionally, the MISO transmission owners maintain that the February 2015 complaint should be dismissed because the approach utilized in the case to assert that a return on common equity was unjust and unreasonable was insufficient. That same approach was rejected by the United States Court of Appeals for the District of Columbia Circuit in an unrelated case, as discussed above. The FERC is under no deadline to issue an order on this motion.
As of September 30, 2019, Ameren and Ameren Illinois had recorded current regulatory liabilities of $46 million and $27 million, respectively, to reflect the expected refunds, including interest, associated with the reduced allowed return on common equity in the initial decision in the February 2015 complaint case. Ameren Missouri does not expect that a reduction in the FERC-allowed base return on common equity would be material to its results of operations, financial position, or liquidity.
v3.19.3
Short-Term Debt And Liquidity
9 Months Ended
Sep. 30, 2019
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.
The Missouri Credit Agreement and the Illinois Credit Agreement were not utilized for direct borrowings during the nine months ended September 30, 2019, but were used to support commercial paper issuances and to issue letters of credit. Based on commercial paper outstanding and letters of credit issued under the Credit Agreements, the aggregate credit capacity available under the Credit Agreements to Ameren (parent), Ameren Missouri, and Ameren Illinois, collectively, at September 30, 2019, was $1.6 billion. The Ameren Companies were in compliance with the covenants in their Credit Agreements as of September 30, 2019. As of September 30, 2019, the ratios of consolidated indebtedness to consolidated total capitalization, calculated in accordance with the provisions of the Credit Agreements, were 53%, 48%, and 47% for Ameren, Ameren Missouri, and Ameren Illinois, respectively.
Commercial Paper
The following table presents commercial paper outstanding, net of issuance discounts, as of September 30, 2019, and December 31, 2018:
 
September 30, 2019
 
December 31, 2018
Ameren (parent)
$
90

 
$
470

Ameren Missouri
144

 
55

Ameren Illinois
310

 
72

Ameren consolidated
$
544

 
$
597

The following table summarizes the borrowing activity and relevant interest rates under Ameren (parent)’s, Ameren Missouri’s, and Ameren Illinois’ commercial paper programs for the nine months ended September 30, 2019 and 2018:
 
 
Ameren
(parent)
 
Ameren
Missouri
 
Ameren
Illinois
 
Ameren
Consolidated
 
2019
 
 
 
 
 
 
 
 
 
Average daily commercial paper outstanding at par value
 
$
532

 
$
141

 
$
147

 
$
821

 
Weighted-average interest rate
 
2.70
%
 
2.73
%
 
2.58
%
 
2.68
%
 
Peak commercial paper during period at par value(a)
 
$
651

 
$
549

 
$
310

 
$
1,113

 
Peak interest rate
 
3.80
%
 
2.97
%
 
5.00
%
(b) 
5.00
%
(b) 
2018
 
 
 
 
 
 
 
 
 
Average daily commercial paper outstanding at par value
 
$
431

 
$
81

 
$
117

 
$
629

 
Weighted-average interest rate
 
2.23
%
 
1.94
%
 
2.21
%
 
2.18
%
 
Peak commercial paper during period at par value(a)
 
$
543

 
$
481

 
$
442

 
$
1,295

 
Peak interest rate
 
2.45
%
 
2.42
%
 
2.55
%
 
2.55
%
 
(a)
The timing of peak outstanding commercial paper issuances varies by company. Therefore, the sum of individual company peak amounts may not equal the Ameren consolidated peak commercial paper issuances for the period.
(b)
In the third quarter of 2019, Ameren’s and Ameren Illinois’ peak interest rate was affected by temporary disruptions in the commercial paper market.
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 money pool for the three and nine months ended September 30, 2019, was 2.40% and 2.67%, respectively (2018 – 2.00% and 2.02%, respectively). See Note 8 – Related-party Transactions for the amount of interest income and expense from the money pool arrangements recorded by the Ameren Companies for the three and nine months ended September 30, 2019 and 2018.
v3.19.3
Long-Term Debt And Equity Financings
9 Months Ended
Sep. 30, 2019
Long-Term Debt And Equity Financings [Abstract]  
LONG-TERM DEBT AND EQUITY FINANCINGS LONG-TERM DEBT AND EQUITY FINANCINGS
Ameren
For the three and nine months ended September 30, 2019, Ameren issued a total of 0.2 million and 0.7 million shares of common stock under its DRPlus and 401(k) plan, and received proceeds of $17 million and $54 million, respectively. In addition, in the first quarter of 2019, Ameren issued 0.8 million shares of common stock valued at $54 million upon the vesting of stock-based compensation.
In August 2019, Ameren entered into a forward sale agreement with a counterparty relating to 7.5 million shares of common stock. The forward sale agreement can be settled at Ameren’s discretion on or prior to March 31, 2021. 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 counterparty at the then-applicable forward sale price. The forward sale price was initially $74.18 per share. The 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 agreement by specified amounts related to expected dividends on shares of the common stock during the term of the forward sale agreement. 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 agreement will be physically settled unless Ameren elects to settle in cash or to net share settle. At September 30, 2019, Ameren could have settled the forward sale agreement with physical delivery of 7.5 million shares of common stock to the counterparty in exchange for cash of $557 million. The forward sale agreement could also have been settled at September 30, 2019, with delivery of approximately $47 million of cash or approximately 0.6 million shares of common stock to the counterparty, if Ameren had elected to net cash or net share settle, respectively.
The forward sale agreement has been classified as an equity transaction because it is indexed to Ameren’s common stock, physical settlement is within Ameren’s control, and the other requirements necessary for equity classification were met. As a result of the equity classification, no gain or loss will be recognized within earnings due to subsequent changes in the fair value of the forward sale agreement. If the average price of Ameren’s common stock exceeds the adjusted forward sale price during a quarterly period, the forward sale agreement could have a dilutive effect on earnings per share.
In September 2019, Ameren issued $450 million of 2.50% senior unsecured notes due September 2024, with interest payable semiannually on March 15 and September 15, beginning March 15, 2020. Ameren received net proceeds of $447 million, which were used to repay outstanding short-term debt.
Ameren Missouri
In March 2019, Ameren Missouri issued $450 million of 3.50% first mortgage bonds due March 2029, with interest payable semiannually on March 15 and September 15 of each year, beginning September 15, 2019. Ameren Missouri received net proceeds of $447 million, which were used to repay outstanding short-term debt, including short-term debt that Ameren Missouri incurred in connection with the repayment of $329 million of its 6.70% senior secured notes that matured February 1, 2019.
In June and July 2019, all of the 1992 Series bonds, 1998 Series A bonds, 1998 Series B bonds, and 1998 Series C bonds issued by the Missouri Environmental Improvement and Energy Resources Authority on behalf of Ameren Missouri were subject to purchase in lieu of redemption or a mandatory tender as a result of a change in the method of determining the interest rates on the bonds. The interest rate method of each of the series of bonds, as well as Ameren Missouri’s first mortgage bonds that collaterally secure each of the series of bonds, was changed from a variable rate to a fixed rate. Upon the change in the method of determining the interest rate, the bonds, totaling $207 million, were remarketed to new investors. The following table provides additional information on the bonds:
 
1992 Series
1998 Series A
1998 Series B
1998 Series C
Transaction month
June 2019
July 2019
July 2019
June 2019
Principal amount
$47
$60
$50
$50
Fixed interest rate
1.60%
2.90%
2.90%
2.75%
Variable interest rate (a)
2.36%
3.35%
3.34%
3.83%
Maturity
December 2022
September 2033
September 2033
September 2033
Interest payment dates
June 1 and December 1
March 1 and September 1
March 1 and September 1
March 1 and September 1
Initial interest payment date
December 2019
September 2019
September 2019
September 2019
(a)
Represents the variable interest rate of the bonds effective prior to the change in method of determining the interest rate.
In October 2019, Ameren Missouri issued $330 million of 3.25% first mortgage bonds due October 2049, with interest payable semiannually on April 1 and October 1 of each year, beginning April 1, 2020. Ameren Missouri received net proceeds of $326 million, which were used to repay $244 million of its 5.10% senior unsecured notes due October 1, 2019, with the remaining proceeds used to repay a portion of its short-term debt.
In October 2019, Ameren Missouri redeemed the remaining amount outstanding of its 5.45% first mortgage bonds due 2028 for less than $1 million.
Ameren Illinois
In 2006, Ameren Illinois purchased all $17 million of the 1993 Series B-1 bonds due 2028 issued by the Illinois Finance Authority on behalf of Ameren Illinois pursuant to a mandatory tender. Ameren Illinois’ 1993 Series B-1 senior unsecured notes due 2028 were not extinguished and remained as “Long-term debt, net” on Ameren’s and Ameren Illinois’ balance sheets. In September 2019, Ameren Illinois exchanged its bond investments for the extinguishment of its senior unsecured notes.
In September 2019, Ameren Illinois redeemed the remaining amount outstanding of its 5.70% first mortgage bonds due 2024 for less than $1 million. Additionally, in October 2019, Ameren Illinois redeemed the remaining amount outstanding of its 5.90% first mortgage bonds due 2023 for less than $1 million. Following the redemption of the 5.90% first mortgage bonds, Ameren Illinois collaterally secured its 6.70% senior secured notes due 2036 with first mortgage bonds issued under its 1992 mortgage indenture.
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 September 30, 2019, 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 agreement.
Off-balance-sheet Arrangements
At September 30, 2019, none of the Ameren Companies had any significant off-balance-sheet financing arrangements, other than variable interest entities, letters of credit, and Ameren (parent) guarantee arrangements on behalf of its subsidiaries. See Note 1 – Summary of Significant Accounting Policies for further detail concerning variable interest entities.
v3.19.3
Other Income and Expenses
9 Months Ended
Sep. 30, 2019
Other Nonoperating Income (Expense) [Abstract]  
OTHER INCOME AND EXPENSES OTHER INCOME, NET
The following table presents the components of “Other Income, Net” in the Ameren Companies’ statements of income for the three and nine months ended September 30, 2019 and 2018:
 
Three Months
 
Nine Months
 
 
2019
 
2018
 
2019
 
2018
 
Ameren:
 
 
 
 
 
 
 
 
Allowance for equity funds used during construction
$
7

 
$
11

 
$
20

 
$
25

 
Interest income on industrial development revenue bonds
6

 
6

 
19

 
19

 
Other interest income
2

 
2

 
6

 
6

 
Non-service cost components of net periodic benefit income(a)
23

 
17

 
67

 
52

 
Miscellaneous income
2

 
2

 
6

 
5

 
Donations
(1
)
 
(4
)
 
(8
)
 
(15
)
 
Miscellaneous expense
(5
)
 
(2
)
 
(11
)
 
(8
)
 
Total Other Income, Net
$
34

 
$
32

 
$
99

 
$
84

 

 
Three Months
 
Nine Months
 
 
2019
 
2018
 
2019
 
2018
 
Ameren Missouri:
 
 
 
 
 
 
 
 
Allowance for equity funds used during construction
$
6

 
$
8

 
$
14

 
$
19

 
Interest income on industrial development revenue bonds
6

 
6

 
19

 
19

 
Other interest income

 
1

 

 
2

 
Non-service cost components of net periodic benefit income(a)
4

 
4

 
13

 
13

 
Miscellaneous income
2

 
2

 
4

 
3

 
Donations
(1
)
 
(3
)
 
(3
)
 
(6
)
 
Miscellaneous expense
(2
)
 
(2
)
 
(4
)
 
(5
)
 
Total Other Income, Net
$
15

 
$
16

 
$
43

 
$
45

 
Ameren Illinois:
 
 
 
 
 
 
 
 
Allowance for equity funds used during construction
$
1

 
$
3

 
$
6

 
$
6

 
Interest income
1

 
1

 
5

 
4

 
Non-service cost components of net periodic benefit income
12

 
8

 
36

 
25

 
Miscellaneous income
1

 
1

 
3

 
3

 
Donations

 

 
(5
)
 
(5
)
 
Miscellaneous expense
(2
)
 
(2
)
 
(6
)
 
(3
)
 
Total Other Income, Net
$
13

 
$
11

 
$
39

 
$
30

 

(a)
For the three and nine months ended September 30, 2019, the non-service cost components of net periodic benefit income were partially offset by a $7 million and $22 million deferral, 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 (2018 – $5 million and $13 million, respectively).
v3.19.3
Derivative Financial Instruments
9 Months Ended
Sep. 30, 2019
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 and power, 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 inventories that differ from the cost of those commodities in inventory; and
actual cash outlays for the purchase of these commodities that differ from anticipated cash outlays.
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 September 30, 2019, and December 31, 2018, all contracts that met the definition of a derivative and were not eligible for the NPNS exception received regulatory deferral.
The following table presents open gross commodity contract volumes by commodity type for derivative assets and liabilities as of September 30, 2019, and December 31, 2018. As of September 30, 2019, these contracts extended through October 2022, March 2024, and May 2032 for fuel oils, natural gas, and power, respectively.
 
Quantity (in millions)
 
2019
2018
Commodity
Ameren Missouri
Ameren Illinois
Ameren
Ameren Missouri
Ameren Illinois
Ameren
Fuel oils (in gallons)(a)
63


63

66


66

Natural gas (in mmbtu)
20

142

162

19

154

173

Power (in megawatthours)
4

8

12

1

8

9

(a)
Consists of ultra-low-sulfur diesel products.
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 September 30, 2019, and December 31, 2018:
 
 
 
September 30, 2019
December 31, 2018
 
Balance Sheet Location
 
Ameren
Missouri
 
 
Ameren
Illinois
 
 
Ameren
 
 
 
Ameren
Missouri
 
 
Ameren
Illinois
 
 
Ameren
Fuel oils
Other current assets
$
4

 
$

 
$
4

 
 
$
3

 
$

 
$
3

 
Other assets
 
2

 
 

 
 
2

 
 
 
5

 
 

 
 
5

Natural gas
Other current assets
 

 
 
2

 
 
2

 
 
 

 
 
1

 
 
1

 
Other assets
 

 
 
1

 
 
1

 
 
 

 
 
2

 
 
2

Power
Other current assets
 
8

 
 

 
 
8

 
 
 
4

 
 

 
 
4

 
Other assets
 
4

 
 

 
 
4

 
 
 

 
 

 
 

 
Total assets
$
18

 
$
3

 
$
21

 
 
$
12

 
$
3

 
$
15

Fuel oils
Other current liabilities
$
7

 
$

 
$
7

 
 
$
4

 
$

 
$
4

 
Other deferred credits and liabilities
 
5

 
 

 
 
5

 
 
 
9

 
 

 
 
9

Natural gas
Other current liabilities
 
3

 
 
12

 
 
15

 
 
 
4

 
 
8

 
 
12

 
Other deferred credits and liabilities
 
1

 
 
7

 
 
8

 
 
 
1

 
 
6

 
 
7

Power
Other current liabilities
 
3

 
 
15

 
 
18

 
 
 
4

 
 
14

 
 
18

 
Other deferred credits and liabilities
 
1

 
 
189

 
 
190

 
 
 

 
 
169

 
 
169

 
Total liabilities
$
20

 
$
223

 
$
243

 
 
$
22

 
$
197

 
$
219


The Ameren Companies elect to present the fair value amounts of derivative assets and derivative liabilities subject to an enforceable master netting arrangement or similar agreement at the gross amounts on the balance sheet. However, if the gross amounts recognized on the balance sheet were netted with derivative instruments and cash collateral received or posted, the net amounts would not be materially different from the gross amounts at September 30, 2019, and December 31, 2018.
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 September 30, 2019, if counterparty groups were to fail completely to perform on contracts, the Ameren Companies’ maximum exposure related to derivative assets would have been immaterial with or without consideration of the application of master netting arrangements or similar agreements and collateral held.
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. As of September 30, 2019, the aggregate fair value of 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 were each immaterial to Ameren, Ameren Missouri, and Ameren Illinois.
v3.19.3
Fair Value Measurements
9 Months Ended
Sep. 30, 2019
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 and nine months ended September 30, 2019 or 2018. At September 30, 2019, and December 31, 2018, 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 September 30, 2019, and December 31, 2018:
 
 
September 30, 2019
 
 
December 31, 2018
 
 
 
Level 1
Level 2
Level 3
Total
 
 
Level 1
Level 2
Level 3
Total
 
Assets:
 
 
 
 
 
 
 
 
 
 
 
Ameren
 
 
 
 
 
 
 
 
 
 
 
 
Derivative assets – commodity contracts(a):
 
 
 
 
 
 
 
 
 
 
 
 
Fuel oils
$

$

$
6

$
6

 
 
$
1

$

$
7

$
8

 
 
Natural gas


3

3

 
 

2

1

3

 
 
Power
1


11

12

 
 

1

3

4

 
 
Total derivative assets – commodity contracts
$
1

$

$
20

$
21

 
 
$
1

$
3

$
11

$
15

 
 
Nuclear decommissioning trust fund:
 
 
 
 
 
 
 
 
 
 
 
 
Equity securities:
 
 
 
 
 
 
 
 
 
 
 
 
U.S. large capitalization
$
518

$

$

$
518

 
 
$
427

$

$

$
427

 
 
Debt securities:
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Treasury and agency securities

136


136

 
 

148


148

 
 
Corporate bonds

86


86

 
 

72


72

 
 
Other

50


50

 
 

32


32

 
 
Total nuclear decommissioning trust fund
$
518

$
272

$

$
790

(b) 
 
$
427

$
252

$

$
679

(b) 
 
Total Ameren
$
519

$
272

$
20

$
811

 
 
$
428

$
255

$
11

$
694

 
Ameren Missouri
 
 
 
 
 
 
 
 
 
 
 
 
Derivative assets – commodity contracts(a):
 
 
 
 
 
 
 
 
 
 
 
 
Fuel oils
$

$

$
6

$
6

 
 
$
1

$

$
7

$
8

 
 
Power
1


11

12

 
 

1

3

4

 
 
Total derivative assets – commodity contracts
$
1

$

$
17

$
18

 
 
$
1

$
1

$
10

$
12

 
 
Nuclear decommissioning trust fund:
 
 
 
 
 
 
 
 
 
 
 
 
Equity securities:
 
 
 
 
 
 
 
 
 
 
 
 
U.S. large capitalization
$
518

$

$

$
518

 
 
$
427

$

$

$
427

 
 
Debt securities:
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Treasury and agency securities

136


136

 
 

148


148

 
 
Corporate bonds

86


86

 
 

72


72

 
 
Other

50


50

 
 

32


32

 
 
Total nuclear decommissioning trust fund
$
518

$
272

$

$
790

(b) 
 
$
427

$
252

$

$
679

(b) 
 
Total Ameren Missouri
$
519

$
272

$
17

$
808

 
 
$
428

$
253

$
10

$
691

 
Ameren Illinois
 
 
 
 
 
 
 
 
 
 
 
 
Derivative assets – commodity contracts(a):
 
 
 
 
 
 
 
 
 
 
 
 
Natural gas
$

$

$
3

$
3

 
 
$

$
2

$
1

$
3

 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
Ameren
 
 
 
 
 
 
 
 
 
 
 
 
Derivative liabilities – commodity contracts(a):
 
 
 
 
 
 
 
 
 
 
 
 
Fuel oils
$
4

$

$
8

$
12

 
 
$
2

$

$
11

$
13

 
 
Natural gas
2

17

4

23

 
 

15

4

19

 
 
Power

1

207

208

 
 

1

186

187

 
 
Total Ameren
$
6

$
18

$
219

$
243

 
 
$
2

$
16

$
201

$
219

 
 
 
September 30, 2019
 
 
December 31, 2018
 
 
 
Level 1
Level 2
Level 3
Total
 
 
Level 1
Level 2
Level 3
Total
 
Ameren Missouri
 
 
 
 
 
 
 
 
 
 
 
 
Derivative liabilities – commodity contracts(a):
 
 
 
 
 
 
 
 
 
 
 
 
Fuel oils
$
4

$

$
8

$
12

 
 
$
2

$

$
11

$
13

 
 
Natural gas

3

1

4

 
 

5


5

 
 
Power

1

3

4

 
 

1

3

4

 
 
Total Ameren Missouri
$
4

$
4

$
12

$
20

 
 
$
2

$
6

$
14

$
22

 
Ameren Illinois
 
 
 
 
 
 
 
 
 
 
 
 
Derivative liabilities – commodity contracts(a):
 
 
 
 
 
 
 
 
 
 
 
 
Natural gas
$
2

$
14

$
3

$
19

 
 
$

$
10

$
4

$
14

 
 
Power


204

204

 
 


183

183

 
 
Total Ameren Illinois
$
2

$
14

$
207

$
223

 
 
$

$
10

$
187

$
197

 
(a)
The derivative asset and liability balances are presented net of registrant and counterparty credit considerations.
(b)
Balance excludes $8 million and $5 million of cash and cash equivalents, receivables, payables, and accrued income, net, for September 30, 2019, and December 31, 2018, respectively.
Level 3 fuel oils and natural gas 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 and nine months ended September 30, 2019 and 2018:
 
2019
 
 
2018
 
Ameren
Missouri
Ameren
Illinois
Ameren
 
 
Ameren Missouri
Ameren Illinois
Ameren
For the three months ended September 30:
 
 
 
 
 
 
 
 
Beginning balance at July 1
$
15

$
(191
)
$
(176
)
 
 
$
5

$
(190
)
$
(185
)
Realized and unrealized gains/(losses) included in regulatory assets/liabilities
(4
)
(17
)
(21
)
 
 
(4
)

(4
)
Purchases



 
 
1


1

Settlements
(1
)
4

3

 
 
(1
)
3

2

Transfers out of Level 3
(2
)

(2
)
 
 
(1
)

(1
)
Ending balance at September 30
$
8

$
(204
)
$
(196
)
 
 
$

$
(187
)
$
(187
)
Change in unrealized gains/(losses) related to assets/liabilities held at September 30
$
(4
)
$
(17
)
$
(21
)
 
 
$

$

$

For the nine months ended September 30:
 
 
 
 
 
 
 
 
Beginning balance at January 1
$

$
(183
)
$
(183
)
 
 
$
7

$
(195
)
$
(188
)
Realized and unrealized gains/(losses) included in regulatory assets/liabilities
12

(32
)
(20
)
 
 
(7
)
(1
)
(8
)
Purchases



 
 
5


5

Settlements
(2
)
11

9

 
 
(4
)
9

5

Transfers out of Level 3
(2
)

(2
)
 
 
(1
)

(1
)
Ending balance at September 30
8

(204
)
(196
)
 
 

(187
)
(187
)
Change in unrealized gains/(losses) related to assets/liabilities held at September 30
$
8

$
(31
)
$
(23
)
 
 
$
(1
)
$
(2
)
$
(3
)

For the three and nine months ended September 30, 2019 and 2018, there were no material transfers between fair value hierarchy levels.
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 net 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 September 30, 2019, and December 31, 2018:
 
 
 
Fair Value(a)
 
 
 
Weighted Average
 
Commodity
 
Assets
 
Liabilities
Valuation Technique(s)
Unobservable Input
Range
2019
Power(b)
$
11
$
(207)
Discounted cash flow
Average forward peak and off-peak pricing  forwards/swaps ($/MWh)(c)
22 – 37
25
 
 
 
 
 
 
 
Nodal basis ($/MWh)(c)
(7) – 0
(3)
 
 
 
 
 
 
Fundamental energy production model
Estimated future natural gas prices ($/mmbtu)(c)
3 – 3
3
2018
Power(d)
$
3
$
(186)
Discounted cash flow
Average forward peak and off-peak pricing – forwards/swaps ($/MWh)(c)
23 – 39
28
 
 
 
 
 
 
 
Nodal basis ($/MWh)(c)
(9) – 0
(2)
 
 
 
 
 
 
Fundamental energy production model
Estimated future natural gas prices ($/mmbtu)(c)
3 – 4
3
(a)
The derivative asset and liability balances are presented net of registrant and counterparty credit considerations.
(b)
Power valuations use visible third-party pricing evaluated by month for peak and off-peak demand through 2024. Valuations beyond 2024 use fundamentally modeled pricing by month for peak and off-peak demand.
(c)
Generally, significant increases (decreases) in this input in isolation would result in a significantly higher (lower) fair value measurement.
(d)
Power valuations use visible third-party pricing evaluated by month for peak and off-peak demand through 2022. Valuations beyond 2022 use fundamentally modeled pricing by month for peak and off-peak demand.
The following table sets forth, by level within the fair value hierarchy, the carrying amount and fair value of financial assets and liabilities disclosed, but not carried, at fair value as of September 30, 2019, and December 31, 2018:
 
September 30, 2019
 
Carrying
Amount
 
Fair Value
 
 
 
 
Level 1
 
Level 2
 
Level 3
 
Total
Ameren:
 
 
 
 
 
 
 
 
 
Cash, cash equivalents, and restricted cash
$
155

 
$
155

 
$

 
$

 
$
155

Investments in industrial development revenue bonds(a)
270

 

 
270

 

 
270

Short-term debt
544

 

 
544

 

 
544

Long-term debt (including current portion)(a)
8,987

(b) 

 
9,727

 
491

(c) 
10,218

Ameren Missouri:
 
 
 
 
 
 
 
 
 
Cash, cash equivalents, and restricted cash
$
14

 
$
14

 
$

 
$

 
$
14

Investments in industrial development revenue bonds(a)
270

 

 
270

 

 
270

Short-term debt
144

 

 
144

 

 
144

Long-term debt (including current portion)(a)
4,115

(b) 

 
4,766

 

 
4,766

Ameren Illinois:
 
 
 
 
 
 
 
 
 
Cash, cash equivalents, and restricted cash
$
117

 
$
117

 
$

 
$

 
$
117

Short-term debt
310

 

 
310

 

 
310

Long-term debt (including current portion)
3,279

(b) 

 
3,788

 

 
3,788

 
December 31, 2018
Ameren:
 
 
 
 
 
 
 
 


Cash, cash equivalents, and restricted cash
$
107

 
$
107

 
$

 
$

 
$
107

Investments in industrial development revenue bonds(a)
270

 

 
270

 

 
270

Short-term debt
597

 

 
597

 

 
597

Long-term debt (including current portion)(a)
8,439

(b) 

 
8,240

 
429

(c) 
8,669

Ameren Missouri:
 
 
 
 
 
 
 
 


Cash, cash equivalents, and restricted cash
$
8

 
$
8

 
$

 
$

 
$
8

Investments in industrial development revenue bonds(a)
270

 

 
270

 

 
270

Short-term debt
55

 

 
55

 

 
55

Long-term debt (including current portion)(a)
3,998

(b) 

 
4,156

 

 
4,156

Ameren Illinois:
 
 
 
 
 
 
 
 


Cash, cash equivalents, and restricted cash
$
80

 
$
80

 
$

 
$

 
$
80

Short-term debt
72

 

 
72

 

 
72

Long-term debt (including current portion)
3,296

(b) 

 
3,391

 

 
3,391

(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 September 30, 2019, and December 31, 2018, the carrying amount of both the investments in industrial development revenue bonds and the finance obligations approximated fair value.
(b)
Includes unamortized debt issuance costs, which were excluded from the fair value measurement, of $65 million, $27 million, and $31 million for Ameren, Ameren Missouri, and Ameren Illinois, respectively, as of September 30, 2019. Includes unamortized debt issuance costs, which were excluded from the fair value measurement, of $58 million, $22 million, and $31 million for Ameren, Ameren Missouri, and Ameren Illinois, respectively, as of December 31, 2018.
(c)
The Level 3 fair value amount consists of ATXI’s senior unsecured notes.
v3.19.3
Related Party Transactions
9 Months Ended
Sep. 30, 2019
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS RELATED-PARTY TRANSACTIONS
In the normal 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.
Electric Power Supply Agreement
In April and September 2019, Ameren Illinois conducted procurement events, administered by the IPA, to purchase energy products. Ameren Missouri was among the winning suppliers in these events. As a result, in April 2019, Ameren Missouri and Ameren Illinois entered into an energy product agreement by which Ameren Missouri agreed to sell, and Ameren Illinois agreed to purchase, 288,000 megawatthours at an average price of $35 per megawatthour during the period of January 2020 through December 2021. In September 2019, Ameren Missouri and Ameren Illinois entered into an energy product agreement by which Ameren Missouri agreed to sell, and Ameren Illinois agreed to purchase, 170,800 megawatthours at an average price of $29 per megawatthour during the period of April 2020 through November 2021.
Software Licensing Agreement
In September 2019, Ameren Missouri purchased a license for advanced metering infrastructure software from Ameren Illinois. The amount of the $24 million cost-based transaction price over the $5 million remaining carrying value of the software was recorded as revenue by Ameren Illinois, with $14 million of revenue recorded at Ameren Illinois Electric Distribution and $5 million recorded at Ameren Illinois Natural Gas. The revenue recorded at Ameren Illinois Electric Distribution was reflected in formula ratemaking, which resulted in no impact to net income. Per authoritative accounting guidance for sales to rate-regulated entities, the revenue recognized by Ameren Illinois was not eliminated upon consolidation by Ameren. Ameren Missouri's $24 million software investment is included in "Property, Plant, and Equipment, Net.” Ameren Missouri and Ameren Illinois included $24 million in "Accounts payable – affiliates" and "Accounts receivable – affiliates," respectively, as of September 30, 2019, as a result of this transaction.
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 September 30, 2019, and December 31, 2018:
 
September 30, 2019
 
 
December 31, 2018
 
Ameren Missouri
Ameren Illinois
 
 
Ameren Missouri
Ameren Illinois
Income taxes payable to parent(a)
$
58

$
24

 
 
$
16

$
7

Income taxes receivable from parent(b)


 
 

6

(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 effect on Ameren Missouri and Ameren Illinois of related-party transactions for the three and nine months ended September 30, 2019 and 2018:
 
 
 
 
Three Months
 
Nine Months
Agreement
Income Statement
Line Item
 
 
Ameren
Missouri

Ameren
Illinois

Ameren
Missouri

Ameren
Illinois
Ameren Missouri power supply
Operating Revenues
2019
$
1

$
(a)

$
3

$
(a)

agreements with Ameren Illinois
 
2018
 
5

 
(a)

 
11

 
(a)

Ameren Missouri and Ameren Illinois
Operating Revenues
2019
$
7

$
1

$
20

$
2

rent and facility services
 
2018
 
6

 
(b)

 
17

 
2

Ameren Missouri and Ameren Illinois
Operating Revenues
2019
$
1

$
(b)

$
1

$
1

miscellaneous support services
 
2018
 
(b)

 
(b)

 
(b)

 
(b)

 
 
 
 
Three Months
 
Nine Months
Agreement
Income Statement
Line Item
 
 
Ameren
Missouri

Ameren
Illinois

Ameren
Missouri

Ameren
Illinois
Ameren Missouri software licensing
Operating Revenues
2019
$
(a)

$
19

$
(a)

$
19

with Ameren Illinois
 
2018
 
(a)

 
(a)

 
(a)

 
(a)

Total Operating Revenues
 
2019
$
9

$
20

$
24

$
22

 
 
2018
 
11

 
(b)

 
28

 
2

Ameren Illinois power supply
Purchased Power
2019
$
(a)

$
1

$
(a)

$
3

agreements with Ameren Missouri
 
2018
 
(a)

 
5

 
(a)

 
11

Ameren Illinois transmission
Purchased Power
2019
$
(a)

$
1

$
(a)

$
1

services with ATXI
 
2018
 
(a)

 
(b)

 
(a)

 
1

Total Purchased Power
 
2019
$
(a)

$
2

$
(a)

$
4

 
 
2018
 
(a)

 
5

 
(a)

 
12

Ameren Missouri and Ameren Illinois
Other Operations and Maintenance
2019
$
(b)

$
1

$
1

$
4

rent and facility services
 
2018
 
1

 
1

 
2

 
4

Ameren Services support services
Other Operations and Maintenance
2019
$
34

$
30

$
98

$
91

agreement
 
2018
 
36

 
33

 
101

 
93

Total Other Operations and
 
2019
$
34

$
31

$
99

$
95

Maintenance
 
2018
 
37

 
34

 
103

 
97

Money pool borrowings (advances)
Interest Charges/Other Income, Net
2019
$
(b)

$
(b)

$
(b)

$
(b)

 
 
2018
 
(b)

 
(b)

 
(b)

 
(b)

(a)
Not applicable.
(b)
Amount less than $1 million.
v3.19.3
Commitments And Contingencies
9 Months Ended
Sep. 30, 2019
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 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.
Other Obligations
To supply a portion of the fuel requirements of Ameren Missouri’s energy centers, Ameren Missouri has entered into various long-term commitments for the procurement of coal, natural gas, nuclear fuel, and methane gas. Ameren Missouri and Ameren Illinois also have entered into various long-term commitments for purchased power and natural gas for distribution. The table below presents our estimated minimum fuel, purchased power, and other commitments at September 30, 2019. Ameren’s and Ameren Illinois’ purchased power commitments include the Ameren Illinois agreements entered into as part of the IPA-administered power procurement process. Included in the Other column are minimum purchase commitments under contracts for equipment, design and construction, and meter reading services, among other agreements, at September 30, 2019.
 
Coal
 
Natural
Gas(a)
 
Nuclear
Fuel
 
Purchased
Power(b)(c)
 
Methane
Gas
 
Other
 
Total
Ameren:
 
 
 
 
 
 
 
 
 
 
 
 
 
2019
$
142

 
$
51

 
$
21

 
$
56

(d) 
$
1

 
$
20

 
$
291

2020
226

 
172

 
43

 
146

(d) 
3

 
40

 
630

2021
195

 
105

 
59

 
50

 
3

 
26

 
438

2022
137

 
49

 
12

 
12

 
3

 
22

 
235

2023
46

 
25

 
42

 
2

 
3

 
22

 
140

Thereafter

 
48

 
29

 

 
26

 
85

 
188

Total
$
746


$
450


$
206


$
266


$
39


$
215


$
1,922

Ameren Missouri:
 
 
 
 
 
 
 
 
 
 
 
 
 
2019
$
142

 
$
10

 
$
21

 
$

 
$
1

 
$
16

 
$
190

2020
226

 
39

 
43

 

 
3

 
29

 
340

2021
195

 
23

 
59

 

 
3

 
22

 
302

2022
137

 
11

 
12

 

 
3

 
22

 
185

2023
46

 
10

 
42

 

 
3

 
22

 
123

Thereafter

 
17

 
29

 

 
26

 
48

 
120

Total
$
746


$
110


$
206


$


$
39


$
159


$
1,260

Ameren Illinois:
 
 
 
 
 
 
 
 
 
 
 
 
 
2019
$

 
$
41

 
$

 
$
56

(d) 
$

 
$
2

 
$
99

2020

 
133

 

 
146

(d) 

 
1

 
280

2021

 
82

 

 
50

 

 

 
132

2022

 
38

 

 
12

 

 

 
50

2023

 
15

 

 
2

 

 

 
17

Thereafter

 
31

 

 

 

 

 
31

Total
$


$
340


$


$
266


$


$
3


$
609

(a)
Includes amounts for generation and for distribution.
(b)
The purchased power amounts for Ameren and Ameren Illinois exclude agreements for renewable energy credits through 2035 with various renewable energy suppliers due to the contingent nature of the payment amounts, with the exception of expected payments of $11 million through 2023.
(c)
The purchased power amounts for Ameren and Ameren Missouri exclude a 102-megawatt power purchase agreement with a wind farm operator, which expires in 2024, due to the contingent nature of the payment amounts.
(d)
In January 2018, as required by the FEJA, Ameren Illinois entered into 10-year agreements to acquire zero emission credits. Annual zero emission credit commitment amounts will be published by the IPA each May prior to the start of the subsequent planning year. The amounts above reflect Ameren Illinois’ commitment to acquire approximately $44 million of zero emission credits through May 2020.
Environmental Matters
We are subject to various environmental laws, including statutes and regulations, enforced by federal, state, and local authorities. The development and operation of electric generation, transmission, and distribution facilities and natural gas storage, transmission, and distribution facilities can trigger compliance obligations with respect to environmental laws. These laws address emissions, discharges to water, water intake, impacts to air, land, and water, and chemical and waste handling. 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.
The EPA has promulgated environmental regulations that have a significant impact on the electric utility industry. Over time, compliance with these regulations could be costly for Ameren Missouri, which operates coal-fired power plants. As of December 31, 2018, Ameren Missouri’s fossil fuel-fired energy centers represented 16% and 32% of Ameren’s and Ameren Missouri’s rate base, respectively. Regulations that apply to air emissions from 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. Water intake and discharges from power plants are regulated under the Clean Water Act. Such regulation could require modifications to water intake structures or more stringent limitations on wastewater discharges at Ameren Missouri’s energy centers, either of which could result in significant capital expenditures. The management and disposal of coal ash is regulated under the CCR rule, which will require the closure of surface impoundments and the installations of dry ash handling systems at several of Ameren Missouri’s energy centers. The individual or combined effects of existing 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 $300 million to $400 million from 2019 through 2023 in order to comply with existing environmental regulations. Additional environmental controls beyond 2023 could be required. This estimate of capital expenditures includes expenditures required by the CCR regulations, by the Clean Water Act rule applicable to cooling water intake structures at existing power plants, and by effluent limitation guidelines applicable to steam electric generating units, all of which are discussed below. This estimate does not include capital expenditures that may be required as a result of the NSR and Clean Air litigation discussed below. Ameren Missouri’s current plan for compliance with existing air emission regulations includes burning ultra-low-sulfur coal and installing new or optimizing existing pollution control equipment. The actual amount of capital expenditures required to comply with existing environmental regulations may vary substantially from the above estimate because of uncertainty as to whether the EPA will substantially revise regulatory obligations, exactly which compliance strategies will be used and their ultimate cost, 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 to the effluent limitation guidelines and the CCR Rule, which could ultimately result in the revision of all or part of such rules.
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. The first phase of the CSAPR emission reduction requirements became effective in 2015. The second phase of emission reduction requirements, which were revised by the EPA in 2016, became effective in 2017; additional emission reduction requirements may apply in subsequent years. To achieve compliance with the CSAPR, Ameren Missouri burns ultra-low-sulfur coal, operates two scrubbers at its Sioux energy center, and optimizes other existing pollution control equipment. Ameren Missouri expects to incur additional costs to lower its emissions at one or more of its energy centers to comply with the CSAPR in future years. These higher costs are expected to be recovered from customers through the FAC or higher base rates.
CO2 Emissions Standards
In 2015, the EPA issued the Clean Power Plan, which would have established CO2 emissions standards applicable to existing power plants. The United States Supreme Court stayed the rule in February 2016. In July 2019, the EPA finalized regulations that repealed the Clean Power Plan and replaced it with the Affordable Clean Energy Rule, which establishes emission guidelines for states to follow in developing plans to limit CO2 emissions from coal-fired electric generating units. The EPA has identified certain efficiency measures as the best system of emission reduction for coal-fired electric generating units. The Affordable Clean Energy Rule went into effect on September 6, 2019. The rule requires the state of Missouri to develop a compliance plan and submit it to the EPA for approval by September 2022. The plan is expected to include a standard of performance for each affected generating unit. We are evaluating the impact of the adoption and implementation of the Affordable Clean Energy Rule and, along with other stakeholders, will be working with the state of Missouri to develop the compliance plan submitted to the EPA. At this time, we cannot predict the outcome of Missouri’s compliance plan development process. As such, the impact on the results of operations, financial position, and liquidity of Ameren and Ameren Missouri is uncertain. We also cannot predict the outcome of any potential legal challenges to the rule.
NSR and Clean Air Litigation
In January 2011, the 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 Rush Island coal-fired 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 and in September 2019 entered a final judgment that ordered 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. There were no fines in the order. In October 2019, Ameren Missouri appealed the district court’s ruling to the United States Court of Appeals for the Eighth Circuit. Additionally, in October 2019, following a request by Ameren Missouri, the district court stayed the majority of its order while the case is appealed. Ameren Missouri believes that the district court both misinterpreted and misapplied the law in its ruling. We are unable to predict the ultimate resolution of this matter. Based on the initial procedural schedule, the Court of Appeals for the Eighth Circuit is expected to hear oral arguments in 2020; however, it is under no deadline to issue a ruling in this case.
The ultimate resolution of this matter could have a material adverse effect on the results of operations, financial position, and liquidity of Ameren and Ameren Missouri. Among other things and subject to economic and regulatory considerations, resolution of this matter could result in increased capital expenditures for the installation of pollution control equipment, as well as increased operations and maintenance expenses. Capital expenditures to comply with the district court’s order for installation of a flue gas desulfurization system at the Rush Island energy center are estimated at approximately $1 billion. Further, the flue gas desulfurization system would result in additional operation and maintenance expenses of $30 million to $50 million annually for the life of the energy center. Estimates for the additional capital expenditures and operation and maintenance expenses for the Labadie energy center to comply with the district court’s order are under development. As a
result of the district court’s stay, Ameren Missouri does not expect to make significant capital expenditures or incur operations and maintenance expenses related to the district court’s order while the case is under appeal.
Clean Water Act
In July 2018, the United States Court of Appeals for the Second Circuit upheld the EPA’s Section 316(b) Rule applicable to cooling water intake structures at existing power plants. The rule requires a case-by-case evaluation and plan 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 being implemented by Ameren Missouri during the permit renewal process of each energy center’s water discharge permit, which is expected to be completed by 2023.
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 that are based on the effectiveness of available control technology. The EPA’s 2015 rule prohibits effluent discharges of certain waste streams and imposes more stringent limitations on certain water discharges from power plants. In September 2017, the EPA published a rule that postponed the compliance dates by two years for the limitations applicable to two specific waste streams so that it could potentially revise those standards. To meet the requirements of the guidelines, Ameren Missouri is constructing wastewater treatment facilities and dry ash handling systems at three of its energy centers and is scheduled to complete the projects in 2020. Estimated capital expenditures to complete these projects are included in the CCR management compliance plan, discussed below.
CCR Management
In 2015, the EPA issued the CCR rule, which established requirements for the management and disposal of CCR from coal-fired power plants. These regulations affect CCR disposal and handling costs at Ameren Missouri’s energy centers. Ameren Missouri is in the process of closing its surface impoundments, with the last of such closures scheduled for 2023. In July 2018, the EPA issued revisions to the CCR rule, proposed additional revisions, and indicated that additional revisions to the CCR rule are likely. Ameren and Ameren Missouri have AROs of $160 million recorded on their respective balance sheets as of September 30, 2019, associated with CCR storage facilities. Ameren Missouri estimates it will need to make capital expenditures of $150 million to $200 million from 2019 through 2023 to implement its CCR management compliance plan, which includes installation of dry ash handling systems, wastewater treatment facilities, and groundwater monitoring equipment.
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. Ameren Missouri and Ameren Illinois have each been identified as a potentially responsible party at several contaminated sites.
As of September 30, 2019, Ameren Illinois has remediated the majority of the 44 former MGP sites in Illinois it owned or for which it was otherwise responsible. Ameren Illinois estimates it 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. Costs are subject to annual prudence review by the ICC. As of September 30, 2019, Ameren Illinois estimated the remaining obligation related to these former MGP sites at $139 million to $209 million. Ameren and Ameren Illinois recorded a liability of $139 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 ultimate 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 practices will result in future environmental commitments or will affect our results of operations, financial position, or liquidity.
v3.19.3
Callaway Energy Center
9 Months Ended
Sep. 30, 2019
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.
Insurance
The following table presents insurance coverage at Ameren Missouri’s Callaway energy center as of September 30, 2019. The property coverage and the nuclear liability coverage renewal dates are April 1 and January 1, respectively, of each year. Both coverages were renewed in 2019.
Type and Source of Coverage
Maximum Coverages
 
Maximum Assessments
for Single Incidents
 
Public liability and nuclear worker liability:
 
 
 
 
American Nuclear Insurers
$
450

 
$

 
Pool participation
13,486

(a) 
138

(b) 
 
$
13,936

(c) 
$
138

 
Property damage:
 
 
 
 
NEIL and EMANI
$
3,200

(d) 
$
28

(e) 
Replacement power:
 
 
 
 
NEIL
$
490

(f) 
$
7

(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 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)
Provides replacement power cost insurance in the event of a prolonged accidental outage. Weekly indemnity up to $4.5 million for 52 weeks, which commences after the first twelve 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 nuclear reactors 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. 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.
v3.19.3
Retirement Benefits
9 Months Ended
Sep. 30, 2019
Defined Benefit Plan [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 and nine months ended September 30, 2019 and 2018:
 
Pension Benefits
 
Postretirement Benefits
 
Three Months
 
Nine Months
 
Three Months
 
Nine Months
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
Service cost(a)
$
22

 
$
25

 
$
66

 
$
75

 
$
4

 
$
6

 
$
13

 
$
16

Non-service cost components:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest cost
46

 
42

 
139

 
126

 
11

 
10

 
32

 
30

Expected return on plan assets
(69
)
 
(68
)
 
(207
)
 
(206
)
 
(19
)
 
(20
)
 
(57
)
 
(58
)
Amortization of:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Prior service benefit

 

 

 

 
(1
)
 
(1
)
 
(4
)
 
(3
)
Actuarial loss (gain)
6

 
17

 
19

 
51

 
(4
)
 
(2
)
 
(11
)
 
(5
)
Total non-service cost components(b)
$
(17
)
 
$
(9
)
 
$
(49
)
 
$
(29
)
 
$
(13
)
 
$
(13
)
 
$
(40
)
 
$
(36
)
Net periodic benefit cost (income)
$
5

 
$
16

 
$
17

 
$
46

 
$
(9
)
 
$
(7
)
 
$
(27
)
 
$
(20
)
(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 shares of Ameren’s pension and postretirement costs. The following table presents the respective share of net periodic pension and other postretirement benefit costs (income) incurred for the three and nine months ended September 30, 2019 and 2018:
 
Pension Benefits
 
Postretirement Benefits
 
Three Months
 
Nine Months
 
Three Months
 
Nine Months
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
Ameren Missouri(a)
$
1

 
$
6

 
$
3

 
$
17

 
$
(1
)
 
$
(1
)
 
$
(4
)
 
$
(1
)
Ameren Illinois
5

 
11

 
15

 
30

 
(8
)
 
(6
)
 
(23
)
 
(19
)
Other
(1
)
 
(1
)
 
(1
)
 
(1
)
 

 

 

 

Ameren(a)
$
5

 
$
16

 
$
17

 
$
46

 
$
(9
)
 
$
(7
)
 
$
(27
)
 
$
(20
)

(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.
v3.19.3
Income Taxes
9 Months Ended
Sep. 30, 2019
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 and nine months ended September 30, 2019 and 2018:
 
Ameren
 
Ameren Missouri
 
Ameren Illinois
 
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
 
Three Months
 
 
 
 
 
 
 
 
 
 
 
 
Federal statutory corporate income tax rate:
21%
 
21%
 
21%
 
21%
 
21%
 
21%
 
Increases (decreases) from:
 
 
 
 
 
 
 
 
 
 
 
 
Amortization of excess deferred taxes
(7)
 
(6)
(a) 
(11)
 
(7)
(a) 
(3)
 
(3)
 
Depreciation differences
 
 
 
 
 
(1)
 
Amortization of deferred investment tax credit
(1)
 
(1)
 
(1)
 
 
 
 
State tax
6
 
6
 
5
 
4
 
6
 
5
 
Stock-based compensation
1





 
TCJA
 
3
(b) 
 
 
 
4
(b) 
Effective income tax rate
20%
 
23%
 
14%
 
18%
 
24%
 
26%
 

 
Ameren
 
Ameren Missouri
 
Ameren Illinois
 
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
 
Nine Months
 
Federal statutory corporate income tax rate:
21%
 
21%
 
21%
 
21%
 
21%
 
21%
 
Increases (decreases) from:
 
 
 
 
 
 
 
 
 
 
 
 
Amortization of excess deferred taxes
(7)
 
(3)
(a) 
(12)
 
(4)
(a) 
(4)
 
(4)
 
Amortization of deferred investment tax credit
(1)
 
(1)
 
(1)
 
 
 
 
State tax
6
 
6
 
5
 
4
 
7
 
7
 
Stock-based compensation
(1)
 
 
 
 
 
 
TCJA

1
(b) 



1
(b) 
Other
 
(1)
 
 
 
 
 
Effective income tax rate
18%
 
23%
 
13%
 
21%
 
24%
 
25%
 

(a)
Based on an order by the MoPSC in July 2018, Ameren Missouri began amortizing excess deferred taxes in August 2018.
(b)
The Ameren Companies updated their respective provisional estimates recorded related to TCJA, as discussed below.
Federal Tax Reform
As of December 31, 2017, the Ameren Companies made provisional estimates for the measurement and accounting of certain effects of the TCJA in accordance with SEC guidance, which provides for a one-year period in which to complete the required analysis and update provisional estimates. During the three and nine months ended September 30, 2018, Ameren, Ameren Missouri, and Ameren Illinois updated their respective provisional estimates and recorded $13 million, $4 million, and $4 million, respectively, of income tax expense, primarily due to the application of proposed IRS regulations on depreciation transition rules. As of December 31, 2018, Ameren, Ameren Missouri, and Ameren Illinois completed their accounting for certain effects of the TCJA.
v3.19.3
Supplemental Information
9 Months Ended
Sep. 30, 2019
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 as of September 30, 2019, and December 31, 2018:
 
September 30, 2019
 
 
December 31, 2018
Ameren
 
Ameren
Missouri
 
Ameren
Illinois
 
 
Ameren
 
Ameren
Missouri
 
Ameren
Illinois
Cash and cash equivalents
$
20

 
$

 
$

 
 
$
16

 
$

 
$

Restricted cash included in “Other current assets”
14

 
4

 
6

 
 
13

 
4

 
6

Restricted cash included in “Other assets”
111

 

 
111

 
 
74

 

 
74

Restricted cash included in “Nuclear decommissioning trust fund”
10

 
10

 

 
 
4

 
4

 

Total cash, cash equivalents, and restricted cash
$
155

 
$
14

 
$
117

 
 
$
107

 
$
8

 
$
80


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 September 30, 2019, and December 31, 2018, “Other current liabilities” on Ameren’s and Ameren Illinois’ balance sheets included payables for purchased receivables of $37 million and $33 million, respectively.
For the three and nine months ended September 30, 2019 and 2018, the Ameren Companies recorded immaterial bad debt expense.
Leases
In the first quarter of 2019, we adopted authoritative accounting guidance related to leases, which affected our financial position, but did not materially affect our results of operations or liquidity. The most significant impact for us was the recognition of right-of-use assets and lease liabilities for operating leases, while the accounting for our finance leases remained substantially unchanged. Ameren and Ameren Missouri recognized right-of-use assets and offsetting lease liabilities of $38 million and $36 million at January 1, 2019, respectively, primarily
related to rail car leases. The effect of the adoption was immaterial at Ameren Illinois. No adjustment to comparative periods was made. We elected the available practical expedients upon adoption.
Ameren Missouri primarily leases rail cars under operating lease arrangements for the transportation of coal inventory to its energy centers. Although Ameren Missouri has options to renew a portion of these arrangements for up to five years on similar terms, the exercise of these options was not assumed in the recognition of right-of-use assets and lease obligations. For rail car leases, we account for the lease and non-lease components as a single lease component.
The operating lease expense and the cash paid for amounts included in the measurement of operating lease liabilities at Ameren and Ameren Missouri were immaterial for the three and nine months ended September 30, 2019 and 2018.
The following table provides supplemental balance sheet information related to operating leases as of September 30, 2019:
 
Ameren
 
Ameren Missouri
Other assets
$
38

 
$
36

Other current liabilities
8

 
7

Other deferred credits and liabilities
30

 
29

Weighted average remaining operating lease term
6 years

 
6 years

Weighted average discount rate(a)
3.5
%
 
3.4
%
(a)
As an implicit rate is not readily determinable under most of our lease agreements, we use our incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. We use an implicit rate when readily determinable.
The following table presents Ameren’s and Ameren Missouri’s remaining maturities of operating lease liabilities as of September 30, 2019:
 
Ameren
 
Ameren Missouri
2019
$
2

 
$
2

2020
8

 
8

2021
8

 
7

2022
7

 
6

2023
6

 
6

Thereafter
11

 
10

Total lease payments
42

 
39

Less imputed interest
4

 
3

Total(a)
$
38

 
$
36


(a)
The amount of remaining maturities of operating lease liabilities under previous authoritative accounting guidance as of December 31, 2018, is materially consistent with the amount as of September 30, 2019. Maturities of certain financing arrangements, including the Peno Creek and Audrain energy centers' long-term agreements, are no longer required to be disclosed as lease-related maturities. See Note 5 – Long-Term Debt and Equity Financings under Part II, Item 8, in the Form 10-K for further information on financing arrangements.
Supplemental Cash Flow Information
The following table provides noncash financing and investing activity excluded from the statements of cash flows for the nine months ended September 30, 2019 and 2018:
 
September 30, 2019
 
September 30, 2018
Ameren
Ameren
Missouri
Ameren
Illinois
Ameren
Ameren
Missouri
Ameren
Illinois
Investing
 
 
 
 
 
 
 
Exchange of bond investments for the extinguishment of senior unsecured notes(a)
$
17

$

$
17

 
$

$

$

Accrued capital expenditures
273

138

128

 
240

94

133

Net realized and unrealized gain  nuclear decommissioning trust fund
100

100


 
33

33


Financing
 
 
 
 
 
 
 
Exchange of bond investments for the extinguishment of senior unsecured notes(a)
$
(17
)
$

$
(17
)
 
$

$

$

Issuance of common stock for stock-based compensation
54



 
35




(a)
See Note 4 – Long-term Debt and Equity Financings for additional information.
Asset Retirement Obligations
The following table provides a reconciliation of the beginning and ending carrying amount of AROs for the nine months ended September 30, 2019:
 
Ameren
Missouri
 
Ameren
Illinois
 
Ameren
 
Balance at December 31, 2018
$
646

(a) 
$
4

(b) 
$
650

(a) 
Liabilities settled
(10
)
 

 
(10
)
 
Accretion
21

(c) 

 
21

(c) 
Change in estimates
33

(d) 

 
33

(d) 
Balance at September 30, 2019
$
690

(a) 
$
4

(b) 
$
694

(a) 
(a)
Balance included $23 million in “Other current liabilities” on the balance sheet as of both December 31, 2018, and September 30, 2019.
(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 an increase in the cost estimate for closure of certain CCR storage facilities.
Stock-based Compensation
The following table summarizes Ameren's nonvested performance share unit and restricted stock unit activity for the nine months ended September 30, 2019:
 
Performance Share Units
 
Restricted Stock Units
 
Share Units
 
Weighted-average Fair Value per Share Unit
 
Stock Units
 
Weighted-average Fair Value per Stock Unit
Nonvested at January 1, 2019(a)
682,811

 
$
56.58

 
155,253

 
$
57.38

Granted
297,728

 
67.42

(b) 
128,883

 
65.49

Forfeitures
(33,195
)
 
64.34

 
(11,028
)
 
62.74

Vested and undistributed(c)
(180,823
)
 
62.24

 
(40,616
)
 
61.91

Vested and distributed
(176,923
)
 
44.13

 
(2,403
)
 
54.30

Nonvested at September 30, 2019(d)
589,598

 
$
63.62

 
230,089

 
$
60.90

(a)
Does not include 619,783 performance share units and 26,557 restricted stock units that were vested and undistributed.
(b)
Significant inputs to the Monte Carlo simulation model used to calculate the fair value of performance share units granted include Ameren’s closing common share price of $65.23 at December 31, 2018, Ameren’s common stock volatility of 17%, a volatility range for the peer group of 15% to 25%, and a three-year risk-free rate of 2.46%.
(c)
Vested and undistributed units are awards that vest on a pro-rata basis due to attainment of retirement eligibility by certain employees, but have not yet been distributed. For vested and undistributed performance share units, the number of shares issued for retirement-eligible employees will vary depending on actual performance over the three year performance period.
(d)
Does not include 448,831 performance share units and 67,173 restricted stock units that were vested and undistributed.
For the nine months ended September 30, 2019 and 2018, excess tax benefits associated with the settlement of stock-based compensation awards reduced income tax expense by $14 million and $6 million, respectively.
Deferred Compensation
As of September 30, 2019, and December 31, 2018, “Other deferred credits and liabilities” on Ameren’s balance sheet included deferred compensation obligations of $78 million and $80 million, respectively, recorded at the present value of future benefits to be paid.
Operating Revenues
As of September 30, 2019 and 2018, 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 and nine months ended September 30, 2019 and 2018:
 
Three Months
 
Nine Months
 
 
2019
2018
 
2019
2018
 
Ameren Missouri
$
49

$
52

 
$
118

$
133

 
Ameren Illinois
27

26

 
91

89

 
Ameren
$
76

$
78

 
$
209

$
222

 

Earnings per Share
Earnings per basic and diluted share are computed by dividing “Net Income Attributable to Ameren Common Shareholders” by the weighted-average number of basic and diluted common shares outstanding, respectively, during the applicable period. The weighted-average shares outstanding for earnings per diluted share includes the incremental effects of stock-based performance share units, restricted stock units, and the forward sale agreement when the impact would be dilutive, as calculated using the treasury stock method.
The following table presents Ameren’s basic and diluted earnings per share calculations and reconciles the weighted-average number of common shares outstanding to the diluted weighted-average number of common shares outstanding for the three and nine months ended September 30, 2019 and 2018:
 
Three Months
 
Nine Months


2019
 
2018
 
2019
 
2018
Weighted-average Common Shares Outstanding – Basic
245.9

 
244.1

 
245.5

 
243.6

Assumed settlement of performance share units and restricted stock units
1.4

 
2.2

 
1.4

 
1.9

Dilutive effect of forward sale agreement
0.2

 

 
0.1

 

Weighted-average Common Shares Outstanding – Diluted(a)
247.5

 
246.3

 
247.0

 
245.5


(a)
There were no potentially dilutive securities excluded from the earnings per diluted share calculations for the three and nine months ended September 30, 2019 and 2018.
v3.19.3
Segment Information
9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
Ameren has four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. The Ameren Missouri segment includes all of the operations of Ameren Missouri. Ameren Illinois Electric Distribution consists of the electric distribution business of Ameren Illinois. Ameren Illinois Natural Gas consists of the natural gas business of Ameren Illinois. Ameren Transmission primarily consists of the aggregated electric transmission businesses of Ameren Illinois and ATXI. The category called Other primarily includes Ameren (parent) activities and Ameren Services.
Ameren Missouri has one segment. Ameren Illinois has three segments: Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Illinois Transmission. See Note 1 – Summary of Significant Accounting Policies for additional information regarding the operations of Ameren Missouri, Ameren Illinois, and ATXI.
Segment operating revenues and a majority of operating expenses are directly recognized and incurred by Ameren Illinois at each Ameren Illinois segment. Common operating expenses, miscellaneous income and expenses, interest charges, and income tax expense are allocated by Ameren Illinois to each Ameren Illinois segment based on factors that primarily relate to the nature of the cost. Additionally, Ameren Illinois Transmission earns revenue from transmission services provided to Ameren Illinois Electric Distribution, other retail electric suppliers, and wholesale customers. The transmission expense for Illinois customers who have elected to purchase their power from Ameren Illinois is recovered through a cost recovery mechanism with no net effect on Ameren Illinois Electric Distribution earnings, as costs are offset by corresponding revenues. Transmission revenues from these transactions are reflected in Ameren Transmission’s and Ameren Illinois Transmission’s operating revenues. An intersegment elimination at Ameren and Ameren Illinois occurs to eliminate these transmission revenues and expenses.
The following tables present revenues, net income attributable to common shareholders, and capital expenditures by segment at Ameren and Ameren Illinois for the three and nine months ended September 30, 2019 and 2018. Ameren, Ameren Missouri, and Ameren Illinois management review segment capital expenditure information rather than any individual or total asset amount.
Ameren
 
Ameren
Missouri
 
Ameren Illinois Electric Distribution
 
Ameren Illinois Natural Gas
 
Ameren Transmission
 
Other
 
Intersegment
Eliminations
 
Ameren
 
Three Months 2019:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
External revenues
$
1,050

 
$
374

 
$
107

 
$
109

 
$

 
$

 
$
1,640

 
Intersegment revenues
9

 
15

 
5

 
19

 

 
(29
)
 
19

(b) 
Net income (loss) attributable to Ameren common shareholders
300

 
32

 
(1
)
 
53

(a) 
(20
)
 

 
364

 
Capital expenditures
256

 
139

 
113

 
129

 
(7
)
 
6

 
636

 
Three Months 2018:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
External revenues
$
1,118

 
$
392

 
$
116

 
$
98

 
$

 
$

 
$
1,724

 
Intersegment revenues
11

 

 

 
15

 

 
(26
)
 

 
Net income (loss) attributable to Ameren common shareholders
294

 
35

 

 
48

(a) 
(20
)
 

 
357

 
Capital expenditures
210

 
135

 
111

 
124

 
1

 
(4
)
 
577

 
Nine Months 2019:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
External revenues
$
2,591

 
$
1,118

 
$
563

 
$
303

 
$

 
$

 
$
4,575

 
Intersegment revenues
24

 
17

 
5

 
48

 

 
(75
)
 
19

(b) 
Net income (loss) attributable to Ameren common shareholders
446

 
105

 
57

 
139

(a) 
(13
)
 

 
734

 
Capital expenditures
751

 
390

 
241

 
377

 
3

 
(1
)
 
1,761

 
Nine Months 2018:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
External revenues
$
2,848

 
$
1,177

 
$
569

 
$
278

 
$

 
$

 
$
4,872

 
Intersegment revenues
28

 
2

 

 
42

 

 
(72
)
 

 
Net income (loss) attributable to Ameren common shareholders
500

 
101

 
49

 
121

(a) 
(24
)
 

 
747

 
Capital expenditures
664

 
389

 
237

 
399

 
6

 
(6
)
 
1,689

 

(a)
Ameren Transmission earnings include an allocation of financing costs from Ameren (parent).
(b)
Intersegment revenues at Ameren include $14 million and $5 million of revenue from Ameren Illinois Electric Distribution and Ameren Illinois Natural Gas, respectively, for the three and nine months ended September 30, 2019, for a software licensing agreement with Ameren Missouri. Under authoritative accounting guidance for rate-regulated entities, the revenue recognized by Ameren Illinois was not eliminated upon consolidation. See Note 8 – Related-party Transactions under Part I, Item 1, of this report for additional information.
Ameren Illinois
 
Ameren Illinois Electric Distribution
 
Ameren Illinois Natural Gas
 
Ameren Illinois Transmission
 
Intersegment
Eliminations
 
Ameren Illinois
Three Months 2019:
 
 
 
 
 
 
 
 
 
External revenues
$
389

 
$
112

 
$
63

 
$

 
$
564

Intersegment revenues

 

 
18

 
(18
)
 

Net income (loss) available to common shareholder
32

 
(1
)
 
34

 

 
65

Capital expenditures
139

 
113

 
92

 

 
344

Three Months 2018:
 
 
 
 
 
 
 
 
 
External revenues
$
392

 
$
116

 
$
56

 
$

 
$
564

Intersegment revenues

 

 
15

 
(15
)
 

Net income available to common shareholder
35

 

 
28

 

 
63

Capital expenditures
135

 
111

 
99

 

 
345

Nine Months 2019:
 
 
 
 
 
 
 
 
 
External revenues
$
1,135

 
$
568

 
$
170

 
$

 
$
1,873

Intersegment revenues

 

 
47

 
(47
)
 

Net income available to common shareholder
105

 
57

 
85

 

 
247

Capital expenditures
390

 
241

 
269

 

 
900

Nine Months 2018:
 
 
 
 
 
 
 
 
 
External revenues
$
1,179

 
$
569

 
$
154

 
$

 
$
1,902

Intersegment revenues

 

 
41

 
(41
)
 

Net income available to common shareholder
101

 
49

 
70

 

 
220

Capital expenditures
389

 
237

 
321

 

 
947


The following tables present disaggregated revenues by segment at Ameren and Ameren Illinois for the three and nine months ended September 30, 2019 and 2018. 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
Missouri
 
Ameren Illinois Electric Distribution
 
Ameren Illinois Natural Gas
 
Ameren Transmission
 
Intersegment
Eliminations
 
Ameren
 
Three Months 2019:
 
 
 
 
 
 
 
 
 
 
 
 
Residential
$
489

 
$
224

 
$

 
$

 
$

 
$
713

 
Commercial
394

 
123

 

 

 

 
517

 
Industrial
94

 
27

 

 

 

 
121

 
Other
63

 
15

(a) 

 
128

 
(29
)
 
177

 
Total electric revenues
$
1,040

 
$
389

 
$

 
$
128

 
$
(29
)
 
$
1,528

 
Residential
$
8

 
$

 
$
65

 
$

 
$

 
$
73

 
Commercial
4

 

 
17

 

 

 
21

 
Industrial
1

 

 
2

 

 

 
3

 
Other
6

 

 
28

(a) 

 

 
34

 
Total gas revenues
$
19

 
$

 
$
112

 
$

 
$

 
$
131

 
Total revenues(c)
$
1,059

 
$
389

 
$
112

 
$
128

 
$
(29
)
 
$
1,659

 
 
Ameren
Missouri
 
Ameren Illinois Electric Distribution
 
Ameren Illinois Natural Gas
 
Ameren Transmission
 
Intersegment
Eliminations
 
Ameren
 
Three Months 2018:
 
 
 
 
 
 
 
 
 
 
 
 
Residential
$
508

 
$
223

 
$

 
$

 
$

 
$
731

 
Commercial
417

 
131

 

 

 

 
548

 
Industrial
101

 
28

 

 

 

 
129

 
Other
85

(b) 
10

 

 
113

 
(26
)
 
182

(b) 
Total electric revenues
$
1,111

 
$
392

 
$

 
$
113

 
$
(26
)
 
$
1,590

 
Residential
$
8

 
$

 
$
68

 
$

 
$

 
$
76

 
Commercial
3

 

 
20

 

 

 
23

 
Industrial
1

 

 
1

 

 

 
2

 
Other
6

 

 
27

 

 

 
33

 
Total gas revenues
$
18

 
$

 
$
116

 
$

 
$

 
$
134

 
Total revenues(c)
$
1,129

 
$
392

 
$
116

 
$
113

 
$
(26
)
 
$
1,724

 
Nine Months 2019:
 
 
 
 
 
 
 
 
 
 
 
 
Residential
$
1,134

 
$
640

 
$

 
$

 
$

 
$
1,774

 
Commercial
943

 
370

 

 

 

 
1,313

 
Industrial
226

 
94

 

 

 

 
320

 
Other
214

 
31

(a) 

 
351

 
(75
)
 
521

 
Total electric revenues
$
2,517

 
$
1,135

 
$

 
$
351

 
$
(75
)
 
$
3,928

 
Residential
$
56

 
$

 
$
399

 
$

 
$

 
$
455

 
Commercial
24

 

 
105

 

 

 
129

 
Industrial
3

 

 
9

 

 

 
12

 
Other
15

 

 
55

(a) 

 

 
70

 
Total gas revenues
$
98

 
$

 
$
568

 
$

 
$

 
$
666

 
Total revenues(c)
$
2,615

 
$
1,135

 
$
568

 
$
351

 
$
(75
)
 
$
4,594

 
Nine Months 2018:
 
 
 
 
 
 
 
 
 
 
 
 
Residential
$
1,272

 
$
663

 
$

 
$

 
$

 
$
1,935

 
Commercial
1,033

 
381

 

 

 

 
1,414

 
Industrial
249

 
96

 

 

 

 
345

 
Other
228

(b) 
39

 

 
320

 
(72
)
 
515

(b) 
Total electric revenues
$
2,782

 
$
1,179

 
$

 
$
320

 
$
(72
)
 
$
4,209

 
Residential
$
62

 
$

 
$
408

 
$

 
$

 
$
470

 
Commercial
25

 

 
113

 

 

 
138

 
Industrial
3

 

 
12

 

 

 
15

 
Other
4

 

 
36

 

 

 
40

 
Total gas revenues
$
94

 
$

 
$
569

 
$

 
$

 
$
663

 
Total revenues(c)
$
2,876

 
$
1,179

 
$
569

 
$
320

 
$
(72
)
 
$
4,872

 
(a)
Includes $14 million and $5 million for Ameren Illinois Electric Distribution and Ameren Illinois Natural Gas, respectively, for the three and nine months ended September 30, 2019, for a software licensing agreement with Ameren Missouri. See Note 8 – Related-party Transactions for additional information.
(b)
Includes $13 million and $60 million for the three and nine months ended September 30, 2018, respectively, for the reduction to revenue for the excess amounts collected in rates to be refunded related to the TCJA from January 1, 2018, through July 31, 2018. See Note 2 – Rate and Regulatory Matters under Part II, Item 8, of the Form 10-K for additional information.
(c)
The following table presents increases/(decreases) in revenues from alternative revenue programs and other revenues not from contracts with customers for the three and nine months ended September 30, 2019 and 2018:
 
Ameren
Missouri
 
Ameren Illinois Electric Distribution
 
Ameren Illinois Natural Gas
 
Ameren Transmission
 
Ameren
Three Months 2019:
 
 
 
 
 
 
 
 
 
Revenues from alternative revenue programs
$
26

 
$
(145
)
 
$
1

 
$
(12
)
 
$
(130
)
Other revenues not from contracts with customers
5

 
1

 
1

 

 
7

Three Months 2018:
 
 
 
 
 
 
 
 
 
Revenues from alternative revenue programs
$
1

 
$
(98
)
 
$
(2
)
 
$
(12
)
 
$
(111
)
Other revenues not from contracts with customers
3

 
1

 
1

 

 
5

 
Ameren
Missouri
 
Ameren Illinois Electric Distribution
 
Ameren Illinois Natural Gas
 
Ameren Transmission
 
Ameren
Nine Months 2019:
 
 
 
 
 
 
 
 
 
Revenues from alternative revenue programs
$
41

 
$
(111
)
 
$
2

 
$
(25
)
 
$
(93
)
Other revenues not from contracts with customers
14

 
5

 
2

 

 
21

Nine Months 2018:
 
 
 
 
 
 
 
 
 
Revenues from alternative revenue programs
$
(8
)
 
$
(52
)
 
$
(10
)
 
$
(21
)
 
$
(91
)
Other revenues not from contracts with customers
22

 
14

 
2

 

 
38

Ameren Illinois
 
Ameren Illinois Electric Distribution
 
Ameren Illinois Natural Gas
 
Ameren Illinois Transmission
 
Intersegment Eliminations
 
Ameren Illinois
 
Three Months 2019:
 
 
 
 
 
 
 
 
 
 
Residential
$
224

 
$
65

 
$

 
$

 
$
289

 
Commercial
123

 
17

 

 

 
140

 
Industrial
27

 
2

 

 

 
29

 
Other
15

(a) 
28

(a) 
81

 
(18
)
 
106

 
Total revenues(b)
$
389

 
$
112

 
$
81

 
$
(18
)
 
$
564

 
Three Months 2018:
 
 
 
 
 
 
 
 
 
 
Residential
$
223

 
$
68

 
$

 
$

 
$
291

 
Commercial
131

 
20

 

 

 
151

 
Industrial
28

 
1

 

 

 
29

 
Other
10

 
27

 
71

 
(15
)
 
93

 
Total revenues(b)
$
392

 
$
116

 
$
71

 
$
(15
)
 
$
564

 
Nine Months 2019:
 
 
 
 
 
 
 
 
 
 
Residential
$
640

 
$
399

 
$

 
$

 
$
1,039

 
Commercial
370

 
105

 

 

 
475

 
Industrial
94

 
9

 

 

 
103

 
Other
31

(a) 
55

(a) 
217

 
(47
)
 
256

 
Total revenues(b)
$
1,135

 
$
568

 
$
217

 
$
(47
)
 
$
1,873

 
Nine Months 2018:
 
 
 
 
 
 
 
 
 
 
Residential
$
663

 
$
408

 
$

 
$

 
$
1,071

 
Commercial
381

 
113

 

 

 
494

 
Industrial
96

 
12

 

 

 
108

 
Other
39

 
36

 
195

 
(41
)
 
229

 
Total revenues(b)
$
1,179

 
$
569

 
$
195

 
$
(41
)
 
$
1,902

 
(a)
Includes $14 million and $5 million for Ameren Illinois Electric Distribution and Ameren Illinois Natural Gas, respectively, for the three and nine months ended September 30, 2019, for a software licensing agreement with Ameren Missouri. See Note 8 – Related-party Transactions for additional information.
(b)
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 and nine months ended September 30, 2019 and 2018:
 
Ameren Illinois Electric Distribution
 
Ameren Illinois Natural Gas
 
Ameren Illinois Transmission
 
Ameren Illinois
Three Months 2019:
 
 
 
 
 
 
 
Revenues from alternative revenue programs
$
(145
)
 
$
1

 
$
(12
)
 
$
(156
)
Other revenues not from contracts with customers
1

 
1

 

 
2

Three Months 2018:
 
 
 
 
 
 
 
Revenues from alternative revenue programs
$
(98
)
 
$
(2
)
 
$
(10
)
 
$
(110
)
Other revenues not from contracts with customers
1

 
1

 

 
2


 
Ameren Illinois Electric Distribution
 
Ameren Illinois Natural Gas
 
Ameren Illinois Transmission
 
Ameren Illinois
Nine Months 2019:
 
 
 
 
 
 
 
Revenues from alternative revenue programs
$
(111
)
 
$
2

 
$
(26
)
 
$
(135
)
Other revenues not from contracts with customers
5

 
2

 

 
7

Nine Months 2018:
 
 
 
 
 
 
 
Revenues from alternative revenue programs
$
(52
)
 
$
(10
)
 
$
(19
)
 
$
(81
)
Other revenues not from contracts with customers
14

 
2

 

 
16


v3.19.3
Summary Of Significant Accounting Policies (Policies)
9 Months Ended
Sep. 30, 2019
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. ATXI is developing the MISO-approved Illinois Rivers and Mark Twain electric transmission projects.
Consolidation
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 statement 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 the reported amounts of revenues and expenses during the reported periods. Actual results could differ from those estimates. The results of operations of 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 September 30, 2019, Ameren and Ameren Missouri had interests in unconsolidated variable interest entities that were established to construct wind generation facilities and, ultimately, sell those constructed facilities to Ameren Missouri. Neither Ameren nor Ameren Missouri are the primary beneficiary of these variable interest entities because neither has the power to direct matters that most significantly affect the entities' activities, which include designing, financing, and constructing the wind generation facilities. As a result, these variable interest entities have not been consolidated. As of September 30, 2019, the maximum exposure to loss related to these variable interest entities was approximately $12 million, which primarily represents legal costs incurred. The risk of a loss was assessed to be remote and, accordingly, Ameren and Ameren Missouri have not recognized a liability associated with any portion of the maximum exposure to loss. See Note 2 – Rate and Regulatory Matters for additional information on the agreements to acquire these wind generation facilities.
As of September 30, 2019, and December 31, 2018, Ameren had unconsolidated variable interests as a limited partner in various equity method investments, totaling $27 million and $22 million, respectively, included in “Other assets” on Ameren’s consolidated balance sheet. 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 September 30, 2019, the maximum exposure to loss related to these variable interests is limited to the investment in these partnerships of $27 million plus associated outstanding funding commitments of $37 million.
Company-owned Life Insurance
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 September 30, 2019, the cash surrender value of company-owned life insurance at Ameren and Ameren Illinois was $258 million (December 31, 2018 – $244 million) and $121 million (December 31, 2018 – $122 million), respectively, while total borrowings against the policies were $114 million (December 31, 2018 – $113 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.
Accounting and Reporting Developments
Accounting and Reporting Developments
See Note 13 – Supplemental Information for additional information on our adoption of authoritative accounting guidance related to leases. See Note 1 – Summary of Significant Accounting Policies under Part II, Item 8, of the Form 10-K for additional information about recently issued authoritative accounting standards relating to the measurement of credit losses on financial instruments, fair value measurement disclosures, and defined benefit plan disclosures.
Derivatives, Policy The Ameren Companies elect to present the fair value amounts of derivative assets and derivative liabilities subject to an enforceable master netting arrangement or similar agreement at the gross amounts on the balance sheet.
We use derivatives to manage the risk of changes in market prices for natural gas and power, 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 inventories that differ from the cost of those commodities in inventory; and
actual cash outlays for the purchase of these commodities that differ from anticipated cash outlays.
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.
Lease Accounting Policy
In the first quarter of 2019, we adopted authoritative accounting guidance related to leases, which affected our financial position, but did not materially affect our results of operations or liquidity. The most significant impact for us was the recognition of right-of-use assets and lease liabilities for operating leases, while the accounting for our finance leases remained substantially unchanged. Ameren and Ameren Missouri recognized right-of-use assets and offsetting lease liabilities of $38 million and $36 million at January 1, 2019, respectively, primarily
related to rail car leases. The effect of the adoption was immaterial at Ameren Illinois. No adjustment to comparative periods was made. We elected the available practical expedients upon adoption.
Ameren Missouri primarily leases rail cars under operating lease arrangements for the transportation of coal inventory to its energy centers. Although Ameren Missouri has options to renew a portion of these arrangements for up to five years on similar terms, the exercise of these options was not assumed in the recognition of right-of-use assets and lease obligations. For rail car leases, we account for the lease and non-lease components as a single lease component.
Deferred Compensation
Deferred Compensation
As of September 30, 2019, and December 31, 2018, “Other deferred credits and liabilities” on Ameren’s balance sheet included deferred compensation obligations of $78 million and $80 million, respectively, recorded at the present value of future benefits to be paid.
Revenue from Contract with Customer
Operating Revenues
As of September 30, 2019 and 2018, 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 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.
v3.19.3
Rate And Regulatory Matters (Tables)
9 Months Ended
Sep. 30, 2019
Public Utilities, General Disclosures [Abstract]  
Schedule of Wind Generation Facilities The following table provides information with respect to each build-transfer agreement:    
 
 
Up-to 400-Megawatt Facility
 
Up-to 300-Megawatt Facility
Build-transfer agreement date
 
May 2018
 
May 2019
Wind facility developer
 
Terra-Gen, LLC
 
Invenergy Renewables, LLC(a)
Location
 
Northeastern Missouri
 
Northwestern Missouri
Status of certificate of convenience and necessity from the MoPSC
 
Approved October 2018
 
Approved August 2019
Status of final interconnection costs
 
Received July 2019
 
Received July 2019
Status of RTO transmission interconnection agreement
 
Executed August 2019
 
Executed October 2019
Status of FERC approval
 
Received December 2018
 
Received October 2019
Expected completion date
 
By the end of 2020
 
By the end of 2020
(a)
In October 2019, Invenergy Renewables, LLC acquired the project from Enel North America, Inc.
v3.19.3
Short-Term Debt and Liquidity (Tables)
9 Months Ended
Sep. 30, 2019
Debt Disclosure [Abstract]  
Schedule of Short-term Debt
The following table presents commercial paper outstanding, net of issuance discounts, as of September 30, 2019, and December 31, 2018:
 
September 30, 2019
 
December 31, 2018
Ameren (parent)
$
90

 
$
470

Ameren Missouri
144

 
55

Ameren Illinois
310

 
72

Ameren consolidated
$
544

 
$
597

The following table summarizes the borrowing activity and relevant interest rates under Ameren (parent)’s, Ameren Missouri’s, and Ameren Illinois’ commercial paper programs for the nine months ended September 30, 2019 and 2018:
 
 
Ameren
(parent)
 
Ameren
Missouri
 
Ameren
Illinois
 
Ameren
Consolidated
 
2019
 
 
 
 
 
 
 
 
 
Average daily commercial paper outstanding at par value
 
$
532

 
$
141

 
$
147

 
$
821

 
Weighted-average interest rate
 
2.70
%
 
2.73
%
 
2.58
%
 
2.68
%
 
Peak commercial paper during period at par value(a)
 
$
651

 
$
549

 
$
310

 
$
1,113

 
Peak interest rate
 
3.80
%
 
2.97
%
 
5.00
%
(b) 
5.00
%
(b) 
2018
 
 
 
 
 
 
 
 
 
Average daily commercial paper outstanding at par value
 
$
431

 
$
81

 
$
117

 
$
629

 
Weighted-average interest rate
 
2.23
%
 
1.94
%
 
2.21
%
 
2.18
%
 
Peak commercial paper during period at par value(a)
 
$
543

 
$
481

 
$
442

 
$
1,295

 
Peak interest rate
 
2.45
%
 
2.42
%
 
2.55
%
 
2.55
%
 
(a)
The timing of peak outstanding commercial paper issuances varies by company. Therefore, the sum of individual company peak amounts may not equal the Ameren consolidated peak commercial paper issuances for the period.
(b)
In the third quarter of 2019, Ameren’s and Ameren Illinois’ peak interest rate was affected by temporary disruptions in the commercial paper market.
v3.19.3
Long-Term Debt and Equity Financings (Tables)
9 Months Ended
Sep. 30, 2019
Long-Term Debt And Equity Financings [Abstract]  
Schedule of Long-term Debt Instruments [Table Text Block] The following table provides additional information on the bonds:
 
1992 Series
1998 Series A
1998 Series B
1998 Series C
Transaction month
June 2019
July 2019
July 2019
June 2019
Principal amount
$47
$60
$50
$50
Fixed interest rate
1.60%
2.90%
2.90%
2.75%
Variable interest rate (a)
2.36%
3.35%
3.34%
3.83%
Maturity
December 2022
September 2033
September 2033
September 2033
Interest payment dates
June 1 and December 1
March 1 and September 1
March 1 and September 1
March 1 and September 1
Initial interest payment date
December 2019
September 2019
September 2019
September 2019
(a)
Represents the variable interest rate of the bonds effective prior to the change in method of determining the interest rate.
v3.19.3
Other Income and Expenses (Tables)
9 Months Ended
Sep. 30, 2019
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 and nine months ended September 30, 2019 and 2018:
 
Three Months
 
Nine Months
 
 
2019
 
2018
 
2019
 
2018
 
Ameren:
 
 
 
 
 
 
 
 
Allowance for equity funds used during construction
$
7

 
$
11

 
$
20

 
$
25

 
Interest income on industrial development revenue bonds
6

 
6

 
19

 
19

 
Other interest income
2

 
2

 
6

 
6

 
Non-service cost components of net periodic benefit income(a)
23

 
17

 
67

 
52

 
Miscellaneous income
2

 
2

 
6

 
5

 
Donations
(1
)
 
(4
)
 
(8
)
 
(15
)
 
Miscellaneous expense
(5
)
 
(2
)
 
(11
)
 
(8
)
 
Total Other Income, Net
$
34

 
$
32

 
$
99

 
$
84

 

 
Three Months
 
Nine Months
 
 
2019
 
2018
 
2019
 
2018
 
Ameren Missouri:
 
 
 
 
 
 
 
 
Allowance for equity funds used during construction
$
6

 
$
8

 
$
14

 
$
19

 
Interest income on industrial development revenue bonds
6

 
6

 
19

 
19

 
Other interest income

 
1

 

 
2

 
Non-service cost components of net periodic benefit income(a)
4

 
4

 
13

 
13

 
Miscellaneous income
2

 
2

 
4

 
3

 
Donations
(1
)
 
(3
)
 
(3
)
 
(6
)
 
Miscellaneous expense
(2
)
 
(2
)
 
(4
)
 
(5
)
 
Total Other Income, Net
$
15

 
$
16

 
$
43

 
$
45

 
Ameren Illinois:
 
 
 
 
 
 
 
 
Allowance for equity funds used during construction
$
1

 
$
3

 
$
6

 
$
6

 
Interest income
1

 
1

 
5

 
4

 
Non-service cost components of net periodic benefit income
12

 
8

 
36

 
25

 
Miscellaneous income
1

 
1

 
3

 
3

 
Donations

 

 
(5
)
 
(5
)
 
Miscellaneous expense
(2
)
 
(2
)
 
(6
)
 
(3
)
 
Total Other Income, Net
$
13

 
$
11

 
$
39

 
$
30

 

(a)
For the three and nine months ended September 30, 2019, the non-service cost components of net periodic benefit income were partially offset by a $7 million and $22 million deferral, 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 (2018 – $5 million and $13 million, respectively).
v3.19.3
Derivative Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2019
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 September 30, 2019, and December 31, 2018. As of September 30, 2019, these contracts extended through October 2022, March 2024, and May 2032 for fuel oils, natural gas, and power, respectively.
 
Quantity (in millions)
 
2019
2018
Commodity
Ameren Missouri
Ameren Illinois
Ameren
Ameren Missouri
Ameren Illinois
Ameren
Fuel oils (in gallons)(a)
63


63

66


66

Natural gas (in mmbtu)
20

142

162

19

154

173

Power (in megawatthours)
4

8

12

1

8

9

(a)
Consists of ultra-low-sulfur diesel products.
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 September 30, 2019, and December 31, 2018:
 
 
 
September 30, 2019
December 31, 2018
 
Balance Sheet Location
 
Ameren
Missouri
 
 
Ameren
Illinois
 
 
Ameren
 
 
 
Ameren
Missouri
 
 
Ameren
Illinois
 
 
Ameren
Fuel oils
Other current assets
$
4

 
$

 
$
4

 
 
$
3

 
$

 
$
3

 
Other assets
 
2

 
 

 
 
2

 
 
 
5

 
 

 
 
5

Natural gas
Other current assets
 

 
 
2

 
 
2

 
 
 

 
 
1

 
 
1

 
Other assets
 

 
 
1

 
 
1

 
 
 

 
 
2

 
 
2

Power
Other current assets
 
8

 
 

 
 
8

 
 
 
4

 
 

 
 
4

 
Other assets
 
4

 
 

 
 
4

 
 
 

 
 

 
 

 
Total assets
$
18

 
$
3

 
$
21

 
 
$
12

 
$
3

 
$
15

Fuel oils
Other current liabilities
$
7

 
$

 
$
7

 
 
$
4

 
$

 
$
4

 
Other deferred credits and liabilities
 
5

 
 

 
 
5

 
 
 
9

 
 

 
 
9

Natural gas
Other current liabilities
 
3

 
 
12

 
 
15

 
 
 
4

 
 
8

 
 
12

 
Other deferred credits and liabilities
 
1

 
 
7

 
 
8

 
 
 
1

 
 
6

 
 
7

Power
Other current liabilities
 
3

 
 
15

 
 
18

 
 
 
4

 
 
14

 
 
18

 
Other deferred credits and liabilities
 
1

 
 
189

 
 
190

 
 
 

 
 
169

 
 
169

 
Total liabilities
$
20

 
$
223

 
$
243

 
 
$
22

 
$
197

 
$
219


v3.19.3
Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2019
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 September 30, 2019, and December 31, 2018:
 
 
September 30, 2019
 
 
December 31, 2018
 
 
 
Level 1
Level 2
Level 3
Total
 
 
Level 1
Level 2
Level 3
Total
 
Assets:
 
 
 
 
 
 
 
 
 
 
 
Ameren
 
 
 
 
 
 
 
 
 
 
 
 
Derivative assets – commodity contracts(a):
 
 
 
 
 
 
 
 
 
 
 
 
Fuel oils
$

$

$
6

$
6

 
 
$
1

$

$
7

$
8

 
 
Natural gas


3

3

 
 

2

1

3

 
 
Power
1


11

12

 
 

1

3

4

 
 
Total derivative assets – commodity contracts
$
1

$

$
20

$
21

 
 
$
1

$
3

$
11

$
15

 
 
Nuclear decommissioning trust fund:
 
 
 
 
 
 
 
 
 
 
 
 
Equity securities:
 
 
 
 
 
 
 
 
 
 
 
 
U.S. large capitalization
$
518

$

$

$
518

 
 
$
427

$

$

$
427

 
 
Debt securities:
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Treasury and agency securities

136


136

 
 

148


148

 
 
Corporate bonds

86


86

 
 

72


72

 
 
Other

50


50

 
 

32


32

 
 
Total nuclear decommissioning trust fund
$
518

$
272

$

$
790

(b) 
 
$
427

$
252

$

$
679

(b) 
 
Total Ameren
$
519

$
272

$
20

$
811

 
 
$
428

$
255

$
11

$
694

 
Ameren Missouri
 
 
 
 
 
 
 
 
 
 
 
 
Derivative assets – commodity contracts(a):
 
 
 
 
 
 
 
 
 
 
 
 
Fuel oils
$

$

$
6

$
6

 
 
$
1

$

$
7

$
8

 
 
Power
1


11

12

 
 

1

3

4

 
 
Total derivative assets – commodity contracts
$
1

$

$
17

$
18

 
 
$
1

$
1

$
10

$
12

 
 
Nuclear decommissioning trust fund:
 
 
 
 
 
 
 
 
 
 
 
 
Equity securities:
 
 
 
 
 
 
 
 
 
 
 
 
U.S. large capitalization
$
518

$

$

$
518

 
 
$
427

$

$

$
427

 
 
Debt securities:
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Treasury and agency securities

136


136

 
 

148


148

 
 
Corporate bonds

86


86

 
 

72


72

 
 
Other

50


50

 
 

32


32

 
 
Total nuclear decommissioning trust fund
$
518

$
272

$

$
790

(b) 
 
$
427

$
252

$

$
679

(b) 
 
Total Ameren Missouri
$
519

$
272

$
17

$
808

 
 
$
428

$
253

$
10

$
691

 
Ameren Illinois
 
 
 
 
 
 
 
 
 
 
 
 
Derivative assets – commodity contracts(a):
 
 
 
 
 
 
 
 
 
 
 
 
Natural gas
$

$

$
3

$
3

 
 
$

$
2

$
1

$
3

 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
Ameren
 
 
 
 
 
 
 
 
 
 
 
 
Derivative liabilities – commodity contracts(a):
 
 
 
 
 
 
 
 
 
 
 
 
Fuel oils
$
4

$

$
8

$
12

 
 
$
2

$

$
11

$
13

 
 
Natural gas
2

17

4

23

 
 

15

4

19

 
 
Power

1

207

208

 
 

1

186

187

 
 
Total Ameren
$
6

$
18

$
219

$
243

 
 
$
2

$
16

$
201

$
219

 
 
 
September 30, 2019
 
 
December 31, 2018
 
 
 
Level 1
Level 2
Level 3
Total
 
 
Level 1
Level 2
Level 3
Total
 
Ameren Missouri
 
 
 
 
 
 
 
 
 
 
 
 
Derivative liabilities – commodity contracts(a):
 
 
 
 
 
 
 
 
 
 
 
 
Fuel oils
$
4

$

$
8

$
12

 
 
$
2

$

$
11

$
13

 
 
Natural gas

3

1

4

 
 

5


5

 
 
Power

1

3

4

 
 

1

3

4

 
 
Total Ameren Missouri
$
4

$
4

$
12

$
20

 
 
$
2

$
6

$
14

$
22

 
Ameren Illinois
 
 
 
 
 
 
 
 
 
 
 
 
Derivative liabilities – commodity contracts(a):
 
 
 
 
 
 
 
 
 
 
 
 
Natural gas
$
2

$
14

$
3

$
19

 
 
$

$
10

$
4

$
14

 
 
Power


204

204

 
 


183

183

 
 
Total Ameren Illinois
$
2

$
14

$
207

$
223

 
 
$

$
10

$
187

$
197

 
(a)
The derivative asset and liability balances are presented net of registrant and counterparty credit considerations.
(b)
Balance excludes $8 million and $5 million of cash and cash equivalents, receivables, payables, and accrued income, net, for September 30, 2019, and December 31, 2018, respectively.
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 and nine months ended September 30, 2019 and 2018:
 
2019
 
 
2018
 
Ameren
Missouri
Ameren
Illinois
Ameren
 
 
Ameren Missouri
Ameren Illinois
Ameren
For the three months ended September 30:
 
 
 
 
 
 
 
 
Beginning balance at July 1
$
15

$
(191
)
$
(176
)
 
 
$
5

$
(190
)
$
(185
)
Realized and unrealized gains/(losses) included in regulatory assets/liabilities
(4
)
(17
)
(21
)
 
 
(4
)

(4
)
Purchases



 
 
1


1

Settlements
(1
)
4

3

 
 
(1
)
3

2

Transfers out of Level 3
(2
)

(2
)
 
 
(1
)

(1
)
Ending balance at September 30
$
8

$
(204
)
$
(196
)
 
 
$

$
(187
)
$
(187
)
Change in unrealized gains/(losses) related to assets/liabilities held at September 30
$
(4
)
$
(17
)
$
(21
)
 
 
$

$

$

For the nine months ended September 30:
 
 
 
 
 
 
 
 
Beginning balance at January 1
$

$
(183
)
$
(183
)
 
 
$
7

$
(195
)
$
(188
)
Realized and unrealized gains/(losses) included in regulatory assets/liabilities
12

(32
)
(20
)
 
 
(7
)
(1
)
(8
)
Purchases



 
 
5


5

Settlements
(2
)
11

9

 
 
(4
)
9

5

Transfers out of Level 3
(2
)

(2
)
 
 
(1
)

(1
)
Ending balance at September 30
8

(204
)
(196
)
 
 

(187
)
(187
)
Change in unrealized gains/(losses) related to assets/liabilities held at September 30
$
8

$
(31
)
$
(23
)
 
 
$
(1
)
$
(2
)
$
(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 September 30, 2019, and December 31, 2018:
 
 
 
Fair Value(a)
 
 
 
Weighted Average
 
Commodity
 
Assets
 
Liabilities
Valuation Technique(s)
Unobservable Input
Range
2019
Power(b)
$
11
$
(207)
Discounted cash flow
Average forward peak and off-peak pricing  forwards/swaps ($/MWh)(c)
22 – 37
25
 
 
 
 
 
 
 
Nodal basis ($/MWh)(c)
(7) – 0
(3)
 
 
 
 
 
 
Fundamental energy production model
Estimated future natural gas prices ($/mmbtu)(c)
3 – 3
3
2018
Power(d)
$
3
$
(186)
Discounted cash flow
Average forward peak and off-peak pricing – forwards/swaps ($/MWh)(c)
23 – 39
28
 
 
 
 
 
 
 
Nodal basis ($/MWh)(c)
(9) – 0
(2)
 
 
 
 
 
 
Fundamental energy production model
Estimated future natural gas prices ($/mmbtu)(c)
3 – 4
3
(a)
The derivative asset and liability balances are presented net of registrant and counterparty credit considerations.
(b)
Power valuations use visible third-party pricing evaluated by month for peak and off-peak demand through 2024. Valuations beyond 2024 use fundamentally modeled pricing by month for peak and off-peak demand.
(c)
Generally, significant increases (decreases) in this input in isolation would result in a significantly higher (lower) fair value measurement.
(d)
Power valuations use visible third-party pricing evaluated by month for peak and off-peak demand through 2022. Valuations beyond 2022 use fundamentally modeled pricing by month for peak and off-peak demand.
Schedule of Financial Assets and Liabilities
The following table sets forth, by level within the fair value hierarchy, the carrying amount and fair value of financial assets and liabilities disclosed, but not carried, at fair value as of September 30, 2019, and December 31, 2018:
 
September 30, 2019
 
Carrying
Amount
 
Fair Value
 
 
 
 
Level 1
 
Level 2
 
Level 3
 
Total
Ameren:
 
 
 
 
 
 
 
 
 
Cash, cash equivalents, and restricted cash
$
155

 
$
155

 
$

 
$

 
$
155

Investments in industrial development revenue bonds(a)
270

 

 
270

 

 
270

Short-term debt
544

 

 
544

 

 
544

Long-term debt (including current portion)(a)
8,987

(b) 

 
9,727

 
491

(c) 
10,218

Ameren Missouri:
 
 
 
 
 
 
 
 
 
Cash, cash equivalents, and restricted cash
$
14

 
$
14

 
$

 
$

 
$
14

Investments in industrial development revenue bonds(a)
270

 

 
270

 

 
270

Short-term debt
144

 

 
144

 

 
144

Long-term debt (including current portion)(a)
4,115

(b) 

 
4,766

 

 
4,766

Ameren Illinois:
 
 
 
 
 
 
 
 
 
Cash, cash equivalents, and restricted cash
$
117

 
$
117

 
$

 
$

 
$
117

Short-term debt
310

 

 
310

 

 
310

Long-term debt (including current portion)
3,279

(b) 

 
3,788

 

 
3,788

 
December 31, 2018
Ameren:
 
 
 
 
 
 
 
 


Cash, cash equivalents, and restricted cash
$
107

 
$
107

 
$

 
$

 
$
107

Investments in industrial development revenue bonds(a)
270

 

 
270

 

 
270

Short-term debt
597

 

 
597

 

 
597

Long-term debt (including current portion)(a)
8,439

(b) 

 
8,240

 
429

(c) 
8,669

Ameren Missouri:
 
 
 
 
 
 
 
 


Cash, cash equivalents, and restricted cash
$
8

 
$
8

 
$

 
$

 
$
8

Investments in industrial development revenue bonds(a)
270

 

 
270

 

 
270

Short-term debt
55

 

 
55

 

 
55

Long-term debt (including current portion)(a)
3,998

(b) 

 
4,156

 

 
4,156

Ameren Illinois:
 
 
 
 
 
 
 
 


Cash, cash equivalents, and restricted cash
$
80

 
$
80

 
$

 
$

 
$
80

Short-term debt
72

 

 
72

 

 
72

Long-term debt (including current portion)
3,296

(b) 

 
3,391

 

 
3,391

(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 September 30, 2019, and December 31, 2018, the carrying amount of both the investments in industrial development revenue bonds and the finance obligations approximated fair value.
(b)
Includes unamortized debt issuance costs, which were excluded from the fair value measurement, of $65 million, $27 million, and $31 million for Ameren, Ameren Missouri, and Ameren Illinois, respectively, as of September 30, 2019. Includes unamortized debt issuance costs, which were excluded from the fair value measurement, of $58 million, $22 million, and $31 million for Ameren, Ameren Missouri, and Ameren Illinois, respectively, as of December 31, 2018.
(c)
The Level 3 fair value amount consists of ATXI’s senior unsecured notes.
v3.19.3
Related Party Transactions (Tables)
9 Months Ended
Sep. 30, 2019
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 September 30, 2019, and December 31, 2018:
 
September 30, 2019
 
 
December 31, 2018
 
Ameren Missouri
Ameren Illinois
 
 
Ameren Missouri
Ameren Illinois
Income taxes payable to parent(a)
$
58

$
24

 
 
$
16

$
7

Income taxes receivable from parent(b)


 
 

6

(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 effect on Ameren Missouri and Ameren Illinois of related-party transactions for the three and nine months ended September 30, 2019 and 2018:
 
 
 
 
Three Months
 
Nine Months
Agreement
Income Statement
Line Item
 
 
Ameren
Missouri

Ameren
Illinois

Ameren
Missouri

Ameren
Illinois
Ameren Missouri power supply
Operating Revenues
2019
$
1

$
(a)

$
3

$
(a)

agreements with Ameren Illinois
 
2018
 
5

 
(a)

 
11

 
(a)

Ameren Missouri and Ameren Illinois
Operating Revenues
2019
$
7

$
1

$
20

$
2

rent and facility services
 
2018
 
6

 
(b)

 
17

 
2

Ameren Missouri and Ameren Illinois
Operating Revenues
2019
$
1

$
(b)

$
1

$
1

miscellaneous support services
 
2018
 
(b)

 
(b)

 
(b)

 
(b)

 
 
 
 
Three Months
 
Nine Months
Agreement
Income Statement
Line Item
 
 
Ameren
Missouri

Ameren
Illinois

Ameren
Missouri

Ameren
Illinois
Ameren Missouri software licensing
Operating Revenues
2019
$
(a)

$
19

$
(a)

$
19

with Ameren Illinois
 
2018
 
(a)

 
(a)

 
(a)

 
(a)

Total Operating Revenues
 
2019
$
9

$
20

$
24

$
22

 
 
2018
 
11

 
(b)

 
28

 
2

Ameren Illinois power supply
Purchased Power
2019
$
(a)

$
1

$
(a)

$
3

agreements with Ameren Missouri
 
2018
 
(a)

 
5

 
(a)

 
11

Ameren Illinois transmission
Purchased Power
2019
$
(a)

$
1

$
(a)

$
1

services with ATXI
 
2018
 
(a)

 
(b)

 
(a)

 
1

Total Purchased Power
 
2019
$
(a)

$
2

$
(a)

$
4

 
 
2018
 
(a)

 
5

 
(a)

 
12

Ameren Missouri and Ameren Illinois
Other Operations and Maintenance
2019
$
(b)

$
1

$
1

$
4

rent and facility services
 
2018
 
1

 
1

 
2

 
4

Ameren Services support services
Other Operations and Maintenance
2019
$
34

$
30

$
98

$
91

agreement
 
2018
 
36

 
33

 
101

 
93

Total Other Operations and
 
2019
$
34

$
31

$
99

$
95

Maintenance
 
2018
 
37

 
34

 
103

 
97

Money pool borrowings (advances)
Interest Charges/Other Income, Net
2019
$
(b)

$
(b)

$
(b)

$
(b)

 
 
2018
 
(b)

 
(b)

 
(b)

 
(b)

(a)
Not applicable.
(b)
Amount less than $1 million.
v3.19.3
Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2019
Commitments and Contingencies Disclosure [Abstract]  
Long-term Purchase Commitment The table below presents our estimated minimum fuel, purchased power, and other commitments at September 30, 2019. Ameren’s and Ameren Illinois’ purchased power commitments include the Ameren Illinois agreements entered into as part of the IPA-administered power procurement process. Included in the Other column are minimum purchase commitments under contracts for equipment, design and construction, and meter reading services, among other agreements, at September 30, 2019.
 
Coal
 
Natural
Gas(a)
 
Nuclear
Fuel
 
Purchased
Power(b)(c)
 
Methane
Gas
 
Other
 
Total
Ameren:
 
 
 
 
 
 
 
 
 
 
 
 
 
2019
$
142

 
$
51

 
$
21

 
$
56

(d) 
$
1

 
$
20

 
$
291

2020
226

 
172

 
43

 
146

(d) 
3

 
40

 
630

2021
195

 
105

 
59

 
50

 
3

 
26

 
438

2022
137

 
49

 
12

 
12

 
3

 
22

 
235

2023
46

 
25

 
42

 
2

 
3

 
22

 
140

Thereafter

 
48

 
29

 

 
26

 
85

 
188

Total
$
746


$
450


$
206


$
266


$
39


$
215


$
1,922

Ameren Missouri:
 
 
 
 
 
 
 
 
 
 
 
 
 
2019
$
142

 
$
10

 
$
21

 
$

 
$
1

 
$
16

 
$
190

2020
226

 
39

 
43

 

 
3

 
29

 
340

2021
195

 
23

 
59

 

 
3

 
22

 
302

2022
137

 
11

 
12

 

 
3

 
22

 
185

2023
46

 
10

 
42

 

 
3

 
22

 
123

Thereafter

 
17

 
29

 

 
26

 
48

 
120

Total
$
746


$
110


$
206


$


$
39


$
159


$
1,260

Ameren Illinois:
 
 
 
 
 
 
 
 
 
 
 
 
 
2019
$

 
$
41

 
$

 
$
56

(d) 
$

 
$
2

 
$
99

2020

 
133

 

 
146

(d) 

 
1

 
280

2021

 
82

 

 
50

 

 

 
132

2022

 
38

 

 
12

 

 

 
50

2023

 
15

 

 
2

 

 

 
17

Thereafter

 
31

 

 

 

 

 
31

Total
$


$
340


$


$
266


$


$
3


$
609

(a)
Includes amounts for generation and for distribution.
(b)
The purchased power amounts for Ameren and Ameren Illinois exclude agreements for renewable energy credits through 2035 with various renewable energy suppliers due to the contingent nature of the payment amounts, with the exception of expected payments of $11 million through 2023.
(c)
The purchased power amounts for Ameren and Ameren Missouri exclude a 102-megawatt power purchase agreement with a wind farm operator, which expires in 2024, due to the contingent nature of the payment amounts.
(d)
In January 2018, as required by the FEJA, Ameren Illinois entered into 10-year agreements to acquire zero emission credits. Annual zero emission credit commitment amounts will be published by the IPA each May prior to the start of the subsequent planning year. The amounts above reflect Ameren Illinois’ commitment to acquire approximately $44 million of zero emission credits through May 2020.
v3.19.3
Callaway Energy Center (Tables)
9 Months Ended
Sep. 30, 2019
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 as of September 30, 2019. The property coverage and the nuclear liability coverage renewal dates are April 1 and January 1, respectively, of each year. Both coverages were renewed in 2019.
Type and Source of Coverage
Maximum Coverages
 
Maximum Assessments
for Single Incidents
 
Public liability and nuclear worker liability:
 
 
 
 
American Nuclear Insurers
$
450

 
$

 
Pool participation
13,486

(a) 
138

(b) 
 
$
13,936

(c) 
$
138

 
Property damage:
 
 
 
 
NEIL and EMANI
$
3,200

(d) 
$
28

(e) 
Replacement power:
 
 
 
 
NEIL
$
490

(f) 
$
7

(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 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)
Provides replacement power cost insurance in the event of a prolonged accidental outage. Weekly indemnity up to $4.5 million for 52 weeks, which commences after the first twelve 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.
v3.19.3
Retirement Benefits (Tables)
9 Months Ended
Sep. 30, 2019
Defined Benefit Plan [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 and nine months ended September 30, 2019 and 2018:
 
Pension Benefits
 
Postretirement Benefits
 
Three Months
 
Nine Months
 
Three Months
 
Nine Months
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
Service cost(a)
$
22

 
$
25

 
$
66

 
$
75

 
$
4

 
$
6

 
$
13

 
$
16

Non-service cost components:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest cost
46

 
42

 
139

 
126

 
11

 
10

 
32

 
30

Expected return on plan assets
(69
)
 
(68
)
 
(207
)
 
(206
)
 
(19
)
 
(20
)
 
(57
)
 
(58
)
Amortization of:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Prior service benefit

 

 

 

 
(1
)
 
(1
)
 
(4
)
 
(3
)
Actuarial loss (gain)
6

 
17

 
19

 
51

 
(4
)
 
(2
)
 
(11
)
 
(5
)
Total non-service cost components(b)
$
(17
)
 
$
(9
)
 
$
(49
)
 
$
(29
)
 
$
(13
)
 
$
(13
)
 
$
(40
)
 
$
(36
)
Net periodic benefit cost (income)
$
5

 
$
16

 
$
17

 
$
46

 
$
(9
)
 
$
(7
)
 
$
(27
)
 
$
(20
)
(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 shares of Ameren’s pension and postretirement costs. The following table presents the respective share of net periodic pension and other postretirement benefit costs (income) incurred for the three and nine months ended September 30, 2019 and 2018:
 
Pension Benefits
 
Postretirement Benefits
 
Three Months
 
Nine Months
 
Three Months
 
Nine Months
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
Ameren Missouri(a)
$
1

 
$
6

 
$
3

 
$
17

 
$
(1
)
 
$
(1
)
 
$
(4
)
 
$
(1
)
Ameren Illinois
5

 
11

 
15

 
30

 
(8
)
 
(6
)
 
(23
)
 
(19
)
Other
(1
)
 
(1
)
 
(1
)
 
(1
)
 

 

 

 

Ameren(a)
$
5

 
$
16

 
$
17

 
$
46

 
$
(9
)
 
$
(7
)
 
$
(27
)
 
$
(20
)

(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.
v3.19.3
Income Taxes Income Taxes (Tables)
9 Months Ended
Sep. 30, 2019
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 and nine months ended September 30, 2019 and 2018:
 
Ameren
 
Ameren Missouri
 
Ameren Illinois
 
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
 
Three Months
 
 
 
 
 
 
 
 
 
 
 
 
Federal statutory corporate income tax rate:
21%
 
21%
 
21%
 
21%
 
21%
 
21%
 
Increases (decreases) from:
 
 
 
 
 
 
 
 
 
 
 
 
Amortization of excess deferred taxes
(7)
 
(6)
(a) 
(11)
 
(7)
(a) 
(3)
 
(3)
 
Depreciation differences
 
 
 
 
 
(1)
 
Amortization of deferred investment tax credit
(1)
 
(1)
 
(1)
 
 
 
 
State tax
6
 
6
 
5
 
4
 
6
 
5
 
Stock-based compensation
1





 
TCJA
 
3
(b) 
 
 
 
4
(b) 
Effective income tax rate
20%
 
23%
 
14%
 
18%
 
24%
 
26%
 

 
Ameren
 
Ameren Missouri
 
Ameren Illinois
 
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
 
Nine Months
 
Federal statutory corporate income tax rate:
21%
 
21%
 
21%
 
21%
 
21%
 
21%
 
Increases (decreases) from:
 
 
 
 
 
 
 
 
 
 
 
 
Amortization of excess deferred taxes
(7)
 
(3)
(a) 
(12)
 
(4)
(a) 
(4)
 
(4)
 
Amortization of deferred investment tax credit
(1)
 
(1)
 
(1)
 
 
 
 
State tax
6
 
6
 
5
 
4
 
7
 
7
 
Stock-based compensation
(1)
 
 
 
 
 
 
TCJA

1
(b) 



1
(b) 
Other
 
(1)
 
 
 
 
 
Effective income tax rate
18%
 
23%
 
13%
 
21%
 
24%
 
25%
 

(a)
Based on an order by the MoPSC in July 2018, Ameren Missouri began amortizing excess deferred taxes in August 2018.
(b)
The Ameren Companies updated their respective provisional estimates recorded related to TCJA, as discussed below.
v3.19.3
Supplemental Information (Tables)
9 Months Ended
Sep. 30, 2019
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 as of September 30, 2019, and December 31, 2018:
 
September 30, 2019
 
 
December 31, 2018
Ameren
 
Ameren
Missouri
 
Ameren
Illinois
 
 
Ameren
 
Ameren
Missouri
 
Ameren
Illinois
Cash and cash equivalents
$
20

 
$

 
$

 
 
$
16

 
$

 
$

Restricted cash included in “Other current assets”
14

 
4

 
6

 
 
13

 
4

 
6

Restricted cash included in “Other assets”
111

 

 
111

 
 
74

 

 
74

Restricted cash included in “Nuclear decommissioning trust fund”
10

 
10

 

 
 
4

 
4

 

Total cash, cash equivalents, and restricted cash
$
155

 
$
14

 
$
117

 
 
$
107

 
$
8

 
$
80


Lease Supplemental Information
The following table provides supplemental balance sheet information related to operating leases as of September 30, 2019:
 
Ameren
 
Ameren Missouri
Other assets
$
38

 
$
36

Other current liabilities
8

 
7

Other deferred credits and liabilities
30

 
29

Weighted average remaining operating lease term
6 years

 
6 years

Weighted average discount rate(a)
3.5
%
 
3.4
%
(a)
As an implicit rate is not readily determinable under most of our lease agreements, we use our incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. We use an implicit rate when readily determinable.
Schedule of Maturity of Operating Lease Liabilities
The following table presents Ameren’s and Ameren Missouri’s remaining maturities of operating lease liabilities as of September 30, 2019:
 
Ameren
 
Ameren Missouri
2019
$
2

 
$
2

2020
8

 
8

2021
8

 
7

2022
7

 
6

2023
6

 
6

Thereafter
11

 
10

Total lease payments
42

 
39

Less imputed interest
4

 
3

Total(a)
$
38

 
$
36


(a)
The amount of remaining maturities of operating lease liabilities under previous authoritative accounting guidance as of December 31, 2018, is materially consistent with the amount as of September 30, 2019. Maturities of certain financing arrangements, including the Peno Creek and Audrain energy centers' long-term agreements, are no longer required to be disclosed as lease-related maturities. See Note 5 – Long-Term Debt and Equity Financings under Part II, Item 8, in the Form 10-K for further information on financing arrangements.
Schedule of Cash Flow, Supplemental Disclosures
Supplemental Cash Flow Information
The following table provides noncash financing and investing activity excluded from the statements of cash flows for the nine months ended September 30, 2019 and 2018:
 
September 30, 2019
 
September 30, 2018
Ameren
Ameren
Missouri
Ameren
Illinois
Ameren
Ameren
Missouri
Ameren
Illinois
Investing
 
 
 
 
 
 
 
Exchange of bond investments for the extinguishment of senior unsecured notes(a)
$
17

$

$
17

 
$

$

$

Accrued capital expenditures
273

138

128

 
240

94

133

Net realized and unrealized gain  nuclear decommissioning trust fund
100

100


 
33

33


Financing
 
 
 
 
 
 
 
Exchange of bond investments for the extinguishment of senior unsecured notes(a)
$
(17
)
$

$
(17
)
 
$

$

$

Issuance of common stock for stock-based compensation
54



 
35




(a)
See Note 4 – Long-term Debt and Equity Financings for additional information.
Asset Retirement Obligation Disclosure
The following table provides a reconciliation of the beginning and ending carrying amount of AROs for the nine months ended September 30, 2019:
 
Ameren
Missouri
 
Ameren
Illinois
 
Ameren
 
Balance at December 31, 2018
$
646

(a) 
$
4

(b) 
$
650

(a) 
Liabilities settled
(10
)
 

 
(10
)
 
Accretion
21

(c) 

 
21

(c) 
Change in estimates
33

(d) 

 
33

(d) 
Balance at September 30, 2019
$
690

(a) 
$
4

(b) 
$
694

(a) 
(a)
Balance included $23 million in “Other current liabilities” on the balance sheet as of both December 31, 2018, and September 30, 2019.
(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 an increase in the cost estimate for closure of certain CCR storage facilities.
Summary Of Nonvested Shares Related To Long-Term Incentive Plan
The following table summarizes Ameren's nonvested performance share unit and restricted stock unit activity for the nine months ended September 30, 2019:
 
Performance Share Units
 
Restricted Stock Units
 
Share Units
 
Weighted-average Fair Value per Share Unit
 
Stock Units
 
Weighted-average Fair Value per Stock Unit
Nonvested at January 1, 2019(a)
682,811

 
$
56.58

 
155,253

 
$
57.38

Granted
297,728

 
67.42

(b) 
128,883

 
65.49

Forfeitures
(33,195
)
 
64.34

 
(11,028
)
 
62.74

Vested and undistributed(c)
(180,823
)
 
62.24

 
(40,616
)
 
61.91

Vested and distributed
(176,923
)
 
44.13

 
(2,403
)
 
54.30

Nonvested at September 30, 2019(d)
589,598

 
$
63.62

 
230,089

 
$
60.90

(a)
Does not include 619,783 performance share units and 26,557 restricted stock units that were vested and undistributed.
(b)
Significant inputs to the Monte Carlo simulation model used to calculate the fair value of performance share units granted include Ameren’s closing common share price of $65.23 at December 31, 2018, Ameren’s common stock volatility of 17%, a volatility range for the peer group of 15% to 25%, and a three-year risk-free rate of 2.46%.
(c)
Vested and undistributed units are awards that vest on a pro-rata basis due to attainment of retirement eligibility by certain employees, but have not yet been distributed. For vested and undistributed performance share units, the number of shares issued for retirement-eligible employees will vary depending on actual performance over the three year performance period.
(d)
Does not include 448,831 performance share units and 67,173 restricted stock units that were vested and undistributed.
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 and nine months ended September 30, 2019 and 2018:
 
Three Months
 
Nine Months
 
 
2019
2018
 
2019
2018
 
Ameren Missouri
$
49

$
52

 
$
118

$
133

 
Ameren Illinois
27

26

 
91

89

 
Ameren
$
76

$
78

 
$
209

$
222

 

Schedule of Earnings Per Share, Basic and Diluted
The following table presents Ameren’s basic and diluted earnings per share calculations and reconciles the weighted-average number of common shares outstanding to the diluted weighted-average number of common shares outstanding for the three and nine months ended September 30, 2019 and 2018:
 
Three Months
 
Nine Months


2019
 
2018
 
2019
 
2018
Weighted-average Common Shares Outstanding – Basic
245.9

 
244.1

 
245.5

 
243.6

Assumed settlement of performance share units and restricted stock units
1.4

 
2.2

 
1.4

 
1.9

Dilutive effect of forward sale agreement
0.2

 

 
0.1

 

Weighted-average Common Shares Outstanding – Diluted(a)
247.5

 
246.3

 
247.0

 
245.5


(a)
There were no potentially dilutive securities excluded from the earnings per diluted share calculations for the three and nine months ended September 30, 2019 and 2018.
v3.19.3
Segment Information (Tables)
9 Months Ended
Sep. 30, 2019
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 and nine months ended September 30, 2019 and 2018. Ameren, Ameren Missouri, and Ameren Illinois management review segment capital expenditure information rather than any individual or total asset amount.
Ameren
 
Ameren
Missouri
 
Ameren Illinois Electric Distribution
 
Ameren Illinois Natural Gas
 
Ameren Transmission
 
Other
 
Intersegment
Eliminations
 
Ameren
 
Three Months 2019:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
External revenues
$
1,050

 
$
374

 
$
107

 
$
109

 
$

 
$

 
$
1,640

 
Intersegment revenues
9

 
15

 
5

 
19

 

 
(29
)
 
19

(b) 
Net income (loss) attributable to Ameren common shareholders
300

 
32

 
(1
)
 
53

(a) 
(20
)
 

 
364

 
Capital expenditures
256

 
139

 
113

 
129

 
(7
)
 
6

 
636

 
Three Months 2018:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
External revenues
$
1,118

 
$
392

 
$
116

 
$
98

 
$

 
$

 
$
1,724

 
Intersegment revenues
11

 

 

 
15

 

 
(26
)
 

 
Net income (loss) attributable to Ameren common shareholders
294

 
35

 

 
48

(a) 
(20
)
 

 
357

 
Capital expenditures
210

 
135

 
111

 
124

 
1

 
(4
)
 
577

 
Nine Months 2019:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
External revenues
$
2,591

 
$
1,118

 
$
563

 
$
303

 
$

 
$

 
$
4,575

 
Intersegment revenues
24

 
17

 
5

 
48

 

 
(75
)
 
19

(b) 
Net income (loss) attributable to Ameren common shareholders
446

 
105

 
57

 
139

(a) 
(13
)
 

 
734

 
Capital expenditures
751

 
390

 
241

 
377

 
3

 
(1
)
 
1,761

 
Nine Months 2018:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
External revenues
$
2,848

 
$
1,177

 
$
569

 
$
278

 
$

 
$

 
$
4,872

 
Intersegment revenues
28

 
2

 

 
42

 

 
(72
)
 

 
Net income (loss) attributable to Ameren common shareholders
500

 
101

 
49

 
121

(a) 
(24
)
 

 
747

 
Capital expenditures
664

 
389

 
237

 
399

 
6

 
(6
)
 
1,689

 

(a)
Ameren Transmission earnings include an allocation of financing costs from Ameren (parent).
(b)
Intersegment revenues at Ameren include $14 million and $5 million of revenue from Ameren Illinois Electric Distribution and Ameren Illinois Natural Gas, respectively, for the three and nine months ended September 30, 2019, for a software licensing agreement with Ameren Missouri. Under authoritative accounting guidance for rate-regulated entities, the revenue recognized by Ameren Illinois was not eliminated upon consolidation. See Note 8 – Related-party Transactions under Part I, Item 1, of this report for additional information.
Ameren Illinois
 
Ameren Illinois Electric Distribution
 
Ameren Illinois Natural Gas
 
Ameren Illinois Transmission
 
Intersegment
Eliminations
 
Ameren Illinois
Three Months 2019:
 
 
 
 
 
 
 
 
 
External revenues
$
389

 
$
112

 
$
63

 
$

 
$
564

Intersegment revenues

 

 
18

 
(18
)
 

Net income (loss) available to common shareholder
32

 
(1
)
 
34

 

 
65

Capital expenditures
139

 
113

 
92

 

 
344

Three Months 2018:
 
 
 
 
 
 
 
 
 
External revenues
$
392

 
$
116

 
$
56

 
$

 
$
564

Intersegment revenues

 

 
15

 
(15
)
 

Net income available to common shareholder
35

 

 
28

 

 
63

Capital expenditures
135

 
111

 
99

 

 
345

Nine Months 2019:
 
 
 
 
 
 
 
 
 
External revenues
$
1,135

 
$
568

 
$
170

 
$

 
$
1,873

Intersegment revenues

 

 
47

 
(47
)
 

Net income available to common shareholder
105

 
57

 
85

 

 
247

Capital expenditures
390

 
241

 
269

 

 
900

Nine Months 2018:
 
 
 
 
 
 
 
 
 
External revenues
$
1,179

 
$
569

 
$
154

 
$

 
$
1,902

Intersegment revenues

 

 
41

 
(41
)
 

Net income available to common shareholder
101

 
49

 
70

 

 
220

Capital expenditures
389

 
237

 
321

 

 
947


Disaggregation of Revenue
The following tables present disaggregated revenues by segment at Ameren and Ameren Illinois for the three and nine months ended September 30, 2019 and 2018. 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
Missouri
 
Ameren Illinois Electric Distribution
 
Ameren Illinois Natural Gas
 
Ameren Transmission
 
Intersegment
Eliminations
 
Ameren
 
Three Months 2019:
 
 
 
 
 
 
 
 
 
 
 
 
Residential
$
489

 
$
224

 
$

 
$

 
$

 
$
713

 
Commercial
394

 
123

 

 

 

 
517

 
Industrial
94

 
27

 

 

 

 
121

 
Other
63

 
15

(a) 

 
128

 
(29
)
 
177

 
Total electric revenues
$
1,040

 
$
389

 
$

 
$
128

 
$
(29
)
 
$
1,528

 
Residential
$
8

 
$

 
$
65

 
$

 
$

 
$
73

 
Commercial
4

 

 
17

 

 

 
21

 
Industrial
1

 

 
2

 

 

 
3

 
Other
6

 

 
28

(a) 

 

 
34

 
Total gas revenues
$
19

 
$

 
$
112

 
$

 
$

 
$
131

 
Total revenues(c)
$
1,059

 
$
389

 
$
112

 
$
128

 
$
(29
)
 
$
1,659

 
 
Ameren
Missouri
 
Ameren Illinois Electric Distribution
 
Ameren Illinois Natural Gas
 
Ameren Transmission
 
Intersegment
Eliminations
 
Ameren
 
Three Months 2018:
 
 
 
 
 
 
 
 
 
 
 
 
Residential
$
508

 
$
223

 
$

 
$

 
$

 
$
731

 
Commercial
417

 
131

 

 

 

 
548

 
Industrial
101

 
28

 

 

 

 
129

 
Other
85

(b) 
10

 

 
113

 
(26
)
 
182

(b) 
Total electric revenues
$
1,111

 
$
392

 
$

 
$
113

 
$
(26
)
 
$
1,590

 
Residential
$
8

 
$

 
$
68

 
$

 
$

 
$
76

 
Commercial
3

 

 
20

 

 

 
23

 
Industrial
1

 

 
1

 

 

 
2

 
Other
6

 

 
27

 

 

 
33

 
Total gas revenues
$
18

 
$

 
$
116

 
$

 
$

 
$
134

 
Total revenues(c)
$
1,129

 
$
392

 
$
116

 
$
113

 
$
(26
)
 
$
1,724

 
Nine Months 2019:
 
 
 
 
 
 
 
 
 
 
 
 
Residential
$
1,134

 
$
640

 
$

 
$

 
$

 
$
1,774

 
Commercial
943

 
370

 

 

 

 
1,313

 
Industrial
226

 
94

 

 

 

 
320

 
Other
214

 
31

(a) 

 
351

 
(75
)
 
521

 
Total electric revenues
$
2,517

 
$
1,135

 
$

 
$
351

 
$
(75
)
 
$
3,928

 
Residential
$
56

 
$

 
$
399

 
$

 
$

 
$
455

 
Commercial
24

 

 
105

 

 

 
129

 
Industrial
3

 

 
9

 

 

 
12

 
Other
15

 

 
55

(a) 

 

 
70

 
Total gas revenues
$
98

 
$

 
$
568

 
$

 
$

 
$
666

 
Total revenues(c)
$
2,615

 
$
1,135

 
$
568

 
$
351

 
$
(75
)
 
$
4,594

 
Nine Months 2018:
 
 
 
 
 
 
 
 
 
 
 
 
Residential
$
1,272

 
$
663

 
$

 
$

 
$

 
$
1,935

 
Commercial
1,033

 
381

 

 

 

 
1,414

 
Industrial
249

 
96

 

 

 

 
345

 
Other
228

(b) 
39

 

 
320

 
(72
)
 
515

(b) 
Total electric revenues
$
2,782

 
$
1,179

 
$

 
$
320

 
$
(72
)
 
$
4,209

 
Residential
$
62

 
$

 
$
408

 
$

 
$

 
$
470

 
Commercial
25

 

 
113

 

 

 
138

 
Industrial
3

 

 
12

 

 

 
15

 
Other
4

 

 
36

 

 

 
40

 
Total gas revenues
$
94

 
$

 
$
569

 
$

 
$

 
$
663

 
Total revenues(c)
$
2,876

 
$
1,179

 
$
569

 
$
320

 
$
(72
)
 
$
4,872

 
(a)
Includes $14 million and $5 million for Ameren Illinois Electric Distribution and Ameren Illinois Natural Gas, respectively, for the three and nine months ended September 30, 2019, for a software licensing agreement with Ameren Missouri. See Note 8 – Related-party Transactions for additional information.
(b)
Includes $13 million and $60 million for the three and nine months ended September 30, 2018, respectively, for the reduction to revenue for the excess amounts collected in rates to be refunded related to the TCJA from January 1, 2018, through July 31, 2018. See Note 2 – Rate and Regulatory Matters under Part II, Item 8, of the Form 10-K for additional information.
(c)
The following table presents increases/(decreases) in revenues from alternative revenue programs and other revenues not from contracts with customers for the three and nine months ended September 30, 2019 and 2018:
 
Ameren
Missouri
 
Ameren Illinois Electric Distribution
 
Ameren Illinois Natural Gas
 
Ameren Transmission
 
Ameren
Three Months 2019:
 
 
 
 
 
 
 
 
 
Revenues from alternative revenue programs
$
26

 
$
(145
)
 
$
1

 
$
(12
)
 
$
(130
)
Other revenues not from contracts with customers
5

 
1

 
1

 

 
7

Three Months 2018:
 
 
 
 
 
 
 
 
 
Revenues from alternative revenue programs
$
1

 
$
(98
)
 
$
(2
)
 
$
(12
)
 
$
(111
)
Other revenues not from contracts with customers
3

 
1

 
1

 

 
5

 
Ameren
Missouri
 
Ameren Illinois Electric Distribution
 
Ameren Illinois Natural Gas
 
Ameren Transmission
 
Ameren
Nine Months 2019:
 
 
 
 
 
 
 
 
 
Revenues from alternative revenue programs
$
41

 
$
(111
)
 
$
2

 
$
(25
)
 
$
(93
)
Other revenues not from contracts with customers
14

 
5

 
2

 

 
21

Nine Months 2018:
 
 
 
 
 
 
 
 
 
Revenues from alternative revenue programs
$
(8
)
 
$
(52
)
 
$
(10
)
 
$
(21
)
 
$
(91
)
Other revenues not from contracts with customers
22

 
14

 
2

 

 
38

Ameren Illinois
 
Ameren Illinois Electric Distribution
 
Ameren Illinois Natural Gas
 
Ameren Illinois Transmission
 
Intersegment Eliminations
 
Ameren Illinois
 
Three Months 2019:
 
 
 
 
 
 
 
 
 
 
Residential
$
224

 
$
65

 
$

 
$

 
$
289

 
Commercial
123

 
17

 

 

 
140

 
Industrial
27

 
2

 

 

 
29

 
Other
15

(a) 
28

(a) 
81

 
(18
)
 
106

 
Total revenues(b)
$
389

 
$
112

 
$
81

 
$
(18
)
 
$
564

 
Three Months 2018:
 
 
 
 
 
 
 
 
 
 
Residential
$
223

 
$
68

 
$

 
$

 
$
291

 
Commercial
131

 
20

 

 

 
151

 
Industrial
28

 
1

 

 

 
29

 
Other
10

 
27

 
71

 
(15
)
 
93

 
Total revenues(b)
$
392

 
$
116

 
$
71

 
$
(15
)
 
$
564

 
Nine Months 2019:
 
 
 
 
 
 
 
 
 
 
Residential
$
640

 
$
399

 
$

 
$

 
$
1,039

 
Commercial
370

 
105

 

 

 
475

 
Industrial
94

 
9

 

 

 
103

 
Other
31

(a) 
55

(a) 
217

 
(47
)
 
256

 
Total revenues(b)
$
1,135

 
$
568

 
$
217

 
$
(47
)
 
$
1,873

 
Nine Months 2018:
 
 
 
 
 
 
 
 
 
 
Residential
$
663

 
$
408

 
$

 
$

 
$
1,071

 
Commercial
381

 
113

 

 

 
494

 
Industrial
96

 
12

 

 

 
108

 
Other
39

 
36

 
195

 
(41
)
 
229

 
Total revenues(b)
$
1,179

 
$
569

 
$
195

 
$
(41
)
 
$
1,902

 
(a)
Includes $14 million and $5 million for Ameren Illinois Electric Distribution and Ameren Illinois Natural Gas, respectively, for the three and nine months ended September 30, 2019, for a software licensing agreement with Ameren Missouri. See Note 8 – Related-party Transactions for additional information.
(b)
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 and nine months ended September 30, 2019 and 2018:
 
Ameren Illinois Electric Distribution
 
Ameren Illinois Natural Gas
 
Ameren Illinois Transmission
 
Ameren Illinois
Three Months 2019:
 
 
 
 
 
 
 
Revenues from alternative revenue programs
$
(145
)
 
$
1

 
$
(12
)
 
$
(156
)
Other revenues not from contracts with customers
1

 
1

 

 
2

Three Months 2018:
 
 
 
 
 
 
 
Revenues from alternative revenue programs
$
(98
)
 
$
(2
)
 
$
(10
)
 
$
(110
)
Other revenues not from contracts with customers
1

 
1

 

 
2


 
Ameren Illinois Electric Distribution
 
Ameren Illinois Natural Gas
 
Ameren Illinois Transmission
 
Ameren Illinois
Nine Months 2019:
 
 
 
 
 
 
 
Revenues from alternative revenue programs
$
(111
)
 
$
2

 
$
(26
)
 
$
(135
)
Other revenues not from contracts with customers
5

 
2

 

 
7

Nine Months 2018:
 
 
 
 
 
 
 
Revenues from alternative revenue programs
$
(52
)
 
$
(10
)
 
$
(19
)
 
$
(81
)
Other revenues not from contracts with customers
14

 
2

 

 
16


v3.19.3
Summary of Significant Accounting Policies (Narrative) (Details) - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Basis Of Presentation And Significant Accounting Policies [Line Items]    
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net $ 27 $ 22
Unrecorded Unconditional Purchase Obligation 1,922  
Cash Surrender Value of Life Insurance 258 244
Corporate owned life insurance, borrowings 114 113
Ameren Illinois Company    
Basis Of Presentation And Significant Accounting Policies [Line Items]    
Unrecorded Unconditional Purchase Obligation 609  
Cash Surrender Value of Life Insurance 121 122
Corporate owned life insurance, borrowings 118 $ 113
Variable Interest Entity, Not Primary Beneficiary [Member]    
Basis Of Presentation And Significant Accounting Policies [Line Items]    
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount 12  
Partnership Funding Commitment    
Basis Of Presentation And Significant Accounting Policies [Line Items]    
Unrecorded Unconditional Purchase Obligation $ 37  
v3.19.3
Rate And Regulatory Matters (Narrative-Missouri) (Detail)
$ in Millions
3 Months Ended 9 Months Ended
Dec. 31, 2019
Sep. 30, 2019
USD ($)
MWh
Mar. 31, 2019
USD ($)
Dec. 31, 2018
MWh
Sep. 30, 2018
USD ($)
MWh
Sep. 30, 2019
USD ($)
Sep. 30, 2018
USD ($)
Rate And Regulatory Matters [Line Items]              
Total operating revenues   $ 1,640     $ 1,724 $ 4,575 $ 4,872
Union Electric Company              
Rate And Regulatory Matters [Line Items]              
Frequency Rates Must be Reset to Use the FAC   four years          
Depreciation Percentage Not Included in PISA Deferral           15.00%  
Pending Rate Case | Electricity | Union Electric Company              
Rate And Regulatory Matters [Line Items]              
Public Utilities, Requested Rate Increase (Decrease), Amount   $ 1          
Public Utilities, Requested Return on Equity, Percentage   9.95%          
Public Utilities, Requested Equity Capital Structure, Percentage   51.90%          
Rate Base   $ 8,000          
Number of Months to Complete MoPSC Electric Service Proceeding   11 months          
Pending Rate Case | Natural Gas | Union Electric Company              
Rate And Regulatory Matters [Line Items]              
Public Utilities, Requested Rate Increase (Decrease), Amount   $ 1          
Public Utilities, Requested Equity Capital Structure, Percentage   52.00%          
ISRS Return on Equity Percentage   9.725%          
Public Utilities, Requested Rate Increase (Decrease) on Interim Rates, Amount   $ 1          
Components of Rate Decrease - Net Energy Costs | Electricity | Union Electric Company              
Rate And Regulatory Matters [Line Items]              
Public Utilities, Requested Rate Increase (Decrease), Amount   100          
Components of Rate Decrease - Customer Sales Volume | Electricity | Union Electric Company              
Rate And Regulatory Matters [Line Items]              
Public Utilities, Requested Rate Increase (Decrease), Amount   55          
Components of Rate Decrease - Other Expenses | Electricity | Union Electric Company              
Rate And Regulatory Matters [Line Items]              
Public Utilities, Requested Rate Increase (Decrease), Amount   20          
Components of Rate Decrease - Other Expenses Subject to Cost Recovery Mechanisms | Electricity | Union Electric Company              
Rate And Regulatory Matters [Line Items]              
Public Utilities, Requested Rate Increase (Decrease), Amount   80          
Components of Rate Decrease - Depreciation and Amortization | Electricity | Union Electric Company              
Rate And Regulatory Matters [Line Items]              
Public Utilities, Requested Rate Increase (Decrease), Amount   115          
Components of Rate Decrease - Higher Depreciation Rates | Electricity | Union Electric Company              
Rate And Regulatory Matters [Line Items]              
Public Utilities, Requested Rate Increase (Decrease), Amount   35          
Components of Rate Decrease - PISA Eligible Depreciation | Electricity | Union Electric Company              
Rate And Regulatory Matters [Line Items]              
Public Utilities, Requested Rate Increase (Decrease), Amount   35          
Components of Rate Decrease - Return on Rate Base | Electricity | Union Electric Company              
Rate And Regulatory Matters [Line Items]              
Public Utilities, Requested Rate Increase (Decrease), Amount   60          
Components of Rate Decrease - PISA Eligible Return on Rate Base | Electricity | Union Electric Company              
Rate And Regulatory Matters [Line Items]              
Public Utilities, Requested Rate Increase (Decrease), Amount   $ 30          
Wind Generation Facility | Union Electric Company              
Rate And Regulatory Matters [Line Items]              
Amount of Megawatts | MWh   300   157 400    
Estimated Capital Project Costs           $ 1,200  
MEEIA 2013 & 2016 | Final Rate Order | Electricity | Union Electric Company              
Rate And Regulatory Matters [Line Items]              
Total operating revenues     $ 20        
MEEIA 2016 | Final Rate Order | Electricity | Union Electric Company              
Rate And Regulatory Matters [Line Items]              
Total operating revenues   $ 18 $ 5        
Subsequent Event | Pending Rate Case | Electricity | Union Electric Company              
Rate And Regulatory Matters [Line Items]              
Number of Months Between Callaway Maintenance Outages 18 months            
Minimum | Pending Rate Case | Natural Gas | Union Electric Company              
Rate And Regulatory Matters [Line Items]              
Public Utilities, Requested Return on Equity, Percentage   9.40%          
Maximum | Pending Rate Case | Natural Gas | Union Electric Company              
Rate And Regulatory Matters [Line Items]              
Public Utilities, Requested Return on Equity, Percentage   9.95%          
v3.19.3
Rate And Regulatory Matters (Narrative-Illinois) (Detail)
$ in Millions
9 Months Ended
Sep. 30, 2019
USD ($)
Ameren Transmission Company of Illinois  
Rate And Regulatory Matters [Line Items]  
Estimated Capital Project Costs $ 81
Property, Plant and Equipment, Additions $ 39
Pending Rate Case | Ameren Illinois Company | Electric Distribution  
Rate And Regulatory Matters [Line Items]  
Public Utilities, Requested Return on Equity, Percentage 8.90%
Public Utilities, Requested Equity Capital Structure, Percentage 50.00%
Electric Energy-Efficiency Investment $ 205
Electric Energy-Efficiency Revenue Requirement 44
Pending Rate Case | IEIMA | Ameren Illinois Company | Electric Distribution  
Rate And Regulatory Matters [Line Items]  
Public Utilities, Requested Rate Increase (Decrease), Amount 7
Pending Rate Case | FEJA energy-efficiency rider | Ameren Illinois Company | Electric Distribution  
Rate And Regulatory Matters [Line Items]  
Public Utilities, Requested Rate Increase (Decrease), Amount $ 10
v3.19.3
Rate And Regulatory Matters (Narrative-Federal) (Detail) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Dec. 31, 2018
Rate And Regulatory Matters [Line Items]    
Current regulatory liabilities $ 121 $ 149
Ameren Illinois Company    
Rate And Regulatory Matters [Line Items]    
Current regulatory liabilities $ 49 $ 62
Midwest Independent Transmission System Operator, Inc    
Rate And Regulatory Matters [Line Items]    
Public Utilities, Requested Return on Equity, Percentage 12.38%  
Midwest Independent Transmission System Operator, Inc | Final Rate Order    
Rate And Regulatory Matters [Line Items]    
Public Utilities, Requested Return on Equity, Percentage 10.32%  
Customer Requested Rate on Equity 9.15%  
Incentive adder to FERC allowed base return on common equity 0.50%  
Midwest Independent Transmission System Operator, Inc | Administrative Law Judge    
Rate And Regulatory Matters [Line Items]    
Public Utilities, Requested Return on Equity, Percentage 9.70%  
Midwest Independent Transmission System Operator, Inc | Pending Ferc Case    
Rate And Regulatory Matters [Line Items]    
Current regulatory liabilities $ 46  
Midwest Independent Transmission System Operator, Inc | Pending Ferc Case | Ameren Illinois Company    
Rate And Regulatory Matters [Line Items]    
Current regulatory liabilities $ 27  
Maximum | Midwest Independent Transmission System Operator, Inc | Final Rate Order    
Rate And Regulatory Matters [Line Items]    
Public Utilities, Requested Return on Equity, Percentage 10.82%  
Maximum | Midwest Independent Transmission System Operator, Inc | Administrative Law Judge    
Rate And Regulatory Matters [Line Items]    
Public Utilities, Requested Return on Equity, Percentage 10.20%  
v3.19.3
Short-Term Debt And Liquidity (Narrative) (Detail)
$ in Billions
3 Months Ended 9 Months Ended
Sep. 30, 2019
USD ($)
Sep. 30, 2018
Sep. 30, 2019
USD ($)
Sep. 30, 2018
Credit Agreements        
Short-term Debt [Line Items]        
Line of credit facility, maximum borrowing capacity $ 1.6   $ 1.6  
Actual debt-to-capital ratio 0.53   0.53  
Utilities        
Short-term Debt [Line Items]        
Short-term Debt, Weighted Average Interest Rate, over Time 2.40% 2.00% 2.67% 2.02%
Union Electric Company | Missouri Credit Agreement        
Short-term Debt [Line Items]        
Actual debt-to-capital ratio 0.48   0.48  
Ameren Illinois Company | Illinois Credit Agreement        
Short-term Debt [Line Items]        
Actual debt-to-capital ratio 0.47   0.47  
v3.19.3
Short-Term Debt and Liquidity (Commercial Paper outstanding) (Details) - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Short-term Debt [Line Items]    
Commercial paper outstanding $ 544 $ 597
Ameren (parent)    
Short-term Debt [Line Items]    
Commercial paper outstanding 90 470
Union Electric Company    
Short-term Debt [Line Items]    
Commercial paper outstanding 144 55
Ameren Illinois Company    
Short-term Debt [Line Items]    
Commercial paper outstanding $ 310 $ 72
v3.19.3
Short-Term Debt and Liquidity (Commercial Paper) (Details) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Short-term Debt [Line Items]    
Short-term Debt, Average Outstanding Amount $ 821 $ 629
Weighted-average interest rate 2.68% 2.18%
Short-term Debt, Maximum Amount Outstanding During Period $ 1,113 $ 1,295
Peak interest rate 5.00% 2.55%
Ameren (parent)    
Short-term Debt [Line Items]    
Short-term Debt, Average Outstanding Amount $ 532 $ 431
Weighted-average interest rate 2.70% 2.23%
Short-term Debt, Maximum Amount Outstanding During Period $ 651 $ 543
Peak interest rate 3.80% 2.45%
Union Electric Company    
Short-term Debt [Line Items]    
Short-term Debt, Average Outstanding Amount $ 141 $ 81
Weighted-average interest rate 2.73% 1.94%
Short-term Debt, Maximum Amount Outstanding During Period $ 549 $ 481
Peak interest rate 2.97% 2.42%
Ameren Illinois Company    
Short-term Debt [Line Items]    
Short-term Debt, Average Outstanding Amount $ 147 $ 117
Weighted-average interest rate 2.58% 2.21%
Short-term Debt, Maximum Amount Outstanding During Period $ 310 $ 442
Peak interest rate 5.00% 2.55%
v3.19.3
Long-Term debt and Equity Financings (Narrative) (Details) - USD ($)
$ / shares in Units, shares in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2019
Oct. 30, 2019
Oct. 01, 2019
Aug. 05, 2019
Long-Term Debt And Equity Financings [Line Items]                
Stock Issued During Period, Shares, New Issues 0.2 0.2 0.7 0.9        
Issuance of common stock $ 17,000,000   $ 54,000,000 $ 56,000,000        
Stock Issued During Period, Shares, Other 0.0 0.0 0.8 0.7        
Noncash financing activity – Issuance of common stock for stock-based compensation     $ 54,000,000 $ 35,000,000        
Forward Contract Indexed to Issuer's Equity, Indexed Shares (in shares)               7.5
Forward Contract Indexed to Issuer's Equity, Initial Forward Rate (in dollars per share)               $ 74.18
Forward Contract Indexed To Issuer's Equity, Basis Spread on Variable Rate     0.75%          
Forward Contract Indexed to Issuer's Equity, Settlement Alternatives, Cash, at Fair Value $ 557,000,000   $ 557,000,000          
Period End Net Cash Settlement Price $ 47,000,000   $ 47,000,000          
Period End Net Share Settlement Price (in shares) 0.6   0.6          
Unsecured Debt [Member] | First Mortgage Bonds, 2.50%, Due 2024 - $450 Issuance [Domain]                
Long-Term Debt And Equity Financings [Line Items]                
Debt Instrument, Face Amount $ 450,000,000   $ 450,000,000          
Debt Instrument, Interest Rate, Stated Percentage 2.50%   2.50%          
Proceeds from Issuance of Debt     $ 447,000,000          
Union Electric Company                
Long-Term Debt And Equity Financings [Line Items]                
Noncash financing activity – Issuance of common stock for stock-based compensation     0 0        
Union Electric Company | Secured Debt | First Mortgage Bonds, 3.50%, Due 2029 - $450 Issuance                
Long-Term Debt And Equity Financings [Line Items]                
Debt Instrument, Face Amount $ 450,000,000   $ 450,000,000          
Debt Instrument, Interest Rate, Stated Percentage 3.50%   3.50%          
Proceeds from Issuance of Secured Debt     $ 447,000,000          
Union Electric Company | Secured Debt | Senior Secured Notes 6.70% Due 2019                
Long-Term Debt And Equity Financings [Line Items]                
Debt Instrument, Interest Rate, Stated Percentage 6.70%   6.70%          
Repayments of other long-term debt     $ 329,000,000          
Union Electric Company | Secured Debt | 1992 Series Bonds, 1998 Series A Bonds, 1998 Series B Bonds, 1998 Series C Bonds [Domain]                
Long-Term Debt And Equity Financings [Line Items]                
Debt Instrument, Face Amount $ 207,000,000   207,000,000          
Union Electric Company | Secured Debt | First Mortgage Bonds, 5.45%, Due 2028 - Less Than $1 Million Outstanding [Domain]                
Long-Term Debt And Equity Financings [Line Items]                
Debt Instrument, Face Amount $ 1,000,000   $ 1,000,000          
Debt Instrument, Interest Rate, Stated Percentage 5.45%   5.45%          
Ameren Illinois Company                
Long-Term Debt And Equity Financings [Line Items]                
Noncash financing activity – Issuance of common stock for stock-based compensation     $ 0 $ 0        
Ameren Illinois Company | Unsecured Debt [Member] | Senior Unsecured 1993 Series B-1 [Domain]                
Long-Term Debt And Equity Financings [Line Items]                
Debt Instrument, Face Amount $ 17,000,000   17,000,000          
Ameren Illinois Company | Secured Debt | First Mortgage Bonds, 5.70%, Due 2024 - Less Than $1 Million Outstanding [Domain]                
Long-Term Debt And Equity Financings [Line Items]                
Debt Instrument, Face Amount $ 1,000,000   $ 1,000,000          
Debt Instrument, Interest Rate, Stated Percentage 5.70%   5.70%          
Subsequent Event | Union Electric Company | Unsecured Debt [Member] | Senior Unsecured Notes 5.10% Due 2019 [Domain]                
Long-Term Debt And Equity Financings [Line Items]                
Debt Instrument, Interest Rate, Stated Percentage             5.10%  
Repayments of other long-term debt         $ 244,000,000      
Subsequent Event | Union Electric Company | Secured Debt | First Mortgage Bonds, 3.25%, Due 2049 - $330 Issuance [Member]                
Long-Term Debt And Equity Financings [Line Items]                
Debt Instrument, Face Amount             $ 330,000,000  
Debt Instrument, Interest Rate, Stated Percentage         3.25%      
Proceeds from Issuance of Secured Debt         $ 326,000,000      
Subsequent Event | Ameren Illinois Company | Secured Debt | First Mortgage Bonds, 5.90%, Due 2023 - Less Than $1 Million Outstanding [Domain]                
Long-Term Debt And Equity Financings [Line Items]                
Debt Instrument, Face Amount           $ 1,000,000    
Debt Instrument, Interest Rate, Stated Percentage           5.90%    
Subsequent Event | Ameren Illinois Company | Secured Debt | Senior Secured Notes. 6.70%, Due 2023 [Domain]                
Long-Term Debt And Equity Financings [Line Items]                
Debt Instrument, Interest Rate, Stated Percentage           6.70%    
v3.19.3
Long-Term Debt and Equity Financings Environmental Bonds (Details) - Union Electric Company - Environmental Improvement And Pollution Control Revenue Bonds [Member]
9 Months Ended
Sep. 30, 2019
USD ($)
Series 1992 Due 2022 [Member]  
Debt Instrument [Line Items]  
Debt Instrument, Face Amount $ 47,000,000
Debt Instrument, Interest Rate, Stated Percentage 1.60%
Debt Instrument, Interest Rate During Period 2.36%
Series 1998 Due 2033 [Member]  
Debt Instrument [Line Items]  
Debt Instrument, Face Amount $ 60,000,000
Debt Instrument, Interest Rate, Stated Percentage 2.90%
Debt Instrument, Interest Rate During Period 3.35%
Series B 1998 Due 2033 [Member]  
Debt Instrument [Line Items]  
Debt Instrument, Face Amount $ 50,000,000
Debt Instrument, Interest Rate, Stated Percentage 2.90%
Debt Instrument, Interest Rate During Period 3.34%
Series C 1998 Due 2033 [Member]  
Debt Instrument [Line Items]  
Debt Instrument, Face Amount $ 50,000,000
Debt Instrument, Interest Rate, Stated Percentage 2.75%
Debt Instrument, Interest Rate During Period 3.83%
v3.19.3
Other Income, Net (Detail) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Other Nonoperating Income (Expense) [Line Items]        
Allowance for equity funds used during construction $ 7 $ 11 $ 20 $ 25
Interest income on industrial development revenue bonds 6 6 19 19
Other interest income 2 2 6 6
Non-service cost components of net periodic benefit income 23 17 67 52
Miscellaneous income 2 2 6 5
Donations (1) (4) (8) (15)
Miscellaneous expense (5) (2) (11) (8)
Total Other Income, Net 34 32 99 84
Union Electric Company        
Other Nonoperating Income (Expense) [Line Items]        
Allowance for equity funds used during construction 6 8 14 19
Interest income on industrial development revenue bonds 6 6 19 19
Other interest income 0 1 0 2
Non-service cost components of net periodic benefit income 4 4 13 13
Miscellaneous income 2 2 4 3
Donations (1) (3) (3) (6)
Miscellaneous expense (2) (2) (4) (5)
Total Other Income, Net 15 16 43 45
Defined Benefit Plan, Non-service Cost or Income Components - Tracker 7 5 22 13
Ameren Illinois Company        
Other Nonoperating Income (Expense) [Line Items]        
Allowance for equity funds used during construction 1 3 6 6
Other interest income 1 1 5 4
Non-service cost components of net periodic benefit income 12 8 36 25
Miscellaneous income 1 1 3 3
Donations 0 0 (5) (5)
Miscellaneous expense (2) (2) (6) (3)
Total Other Income, Net $ 13 $ 11 $ 39 $ 30
v3.19.3
Derivative Financial Instruments (Open Gross Derivative Volumes By Commodity Type) (Detail) - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Fuel Oils    
Derivative [Line Items]    
Derivative Asset, Notional Amount $ 63 $ 66
Natural Gas    
Derivative [Line Items]    
Derivative Asset, Notional Amount 162 173
Power    
Derivative [Line Items]    
Derivative Asset, Notional Amount 12 9
Union Electric Company | Fuel Oils    
Derivative [Line Items]    
Derivative Asset, Notional Amount 63 66
Union Electric Company | Natural Gas    
Derivative [Line Items]    
Derivative Asset, Notional Amount 20 19
Union Electric Company | Power    
Derivative [Line Items]    
Derivative Asset, Notional Amount 4 1
Ameren Illinois Company | Fuel Oils    
Derivative [Line Items]    
Derivative Asset, Notional Amount 0 0
Ameren Illinois Company | Natural Gas    
Derivative [Line Items]    
Derivative Asset, Notional Amount 142 154
Ameren Illinois Company | Power    
Derivative [Line Items]    
Derivative Asset, Notional Amount $ 8 $ 8
v3.19.3
Derivative Financial Instruments (Derivative Instruments Carrying Value) (Detail) - Not Designated As Hedging Instrument - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Derivative [Line Items]    
Derivative assets $ 21 $ 15
Derivative liabilities 243 219
Fuel Oils | Other Current Assets    
Derivative [Line Items]    
Derivative assets 4 3
Fuel Oils | Other Assets    
Derivative [Line Items]    
Derivative assets 2 5
Fuel Oils | Other Current Liabilities    
Derivative [Line Items]    
Derivative liabilities 7 4
Fuel Oils | Other Deferred Credits And Liabilities    
Derivative [Line Items]    
Derivative liabilities 5 9
Natural Gas | Other Current Assets    
Derivative [Line Items]    
Derivative assets 2 1
Natural Gas | Other Assets    
Derivative [Line Items]    
Derivative assets 1 2
Natural Gas | Other Current Liabilities    
Derivative [Line Items]    
Derivative liabilities 15 12
Natural Gas | Other Deferred Credits And Liabilities    
Derivative [Line Items]    
Derivative liabilities 8 7
Power | Other Current Assets    
Derivative [Line Items]    
Derivative assets 8 4
Power | Other Assets    
Derivative [Line Items]    
Derivative assets 4 0
Power | Other Current Liabilities    
Derivative [Line Items]    
Derivative liabilities 18 18
Power | Other Deferred Credits And Liabilities    
Derivative [Line Items]    
Derivative liabilities 190 169
Union Electric Company    
Derivative [Line Items]    
Derivative assets 18 12
Derivative liabilities 20 22
Union Electric Company | Fuel Oils | Other Current Assets    
Derivative [Line Items]    
Derivative assets 4 3
Union Electric Company | Fuel Oils | Other Assets    
Derivative [Line Items]    
Derivative assets 2 5
Union Electric Company | Fuel Oils | Other Current Liabilities    
Derivative [Line Items]    
Derivative liabilities 7 4
Union Electric Company | Fuel Oils | Other Deferred Credits And Liabilities    
Derivative [Line Items]    
Derivative liabilities 5 9
Union Electric Company | Natural Gas | Other Current Assets    
Derivative [Line Items]    
Derivative assets 0 0
Union Electric Company | Natural Gas | Other Assets    
Derivative [Line Items]    
Derivative assets 0 0
Union Electric Company | Natural Gas | Other Current Liabilities    
Derivative [Line Items]    
Derivative liabilities 3 4
Union Electric Company | Natural Gas | Other Deferred Credits And Liabilities    
Derivative [Line Items]    
Derivative liabilities 1 1
Union Electric Company | Power | Other Current Assets    
Derivative [Line Items]    
Derivative assets 8 4
Union Electric Company | Power | Other Assets    
Derivative [Line Items]    
Derivative assets 4 0
Union Electric Company | Power | Other Current Liabilities    
Derivative [Line Items]    
Derivative liabilities 3 4
Union Electric Company | Power | Other Deferred Credits And Liabilities    
Derivative [Line Items]    
Derivative liabilities 1 0
Ameren Illinois Company    
Derivative [Line Items]    
Derivative assets 3 3
Derivative liabilities 223 197
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 | Fuel Oils | Other Current Liabilities    
Derivative [Line Items]    
Derivative liabilities 0 0
Ameren Illinois Company | Fuel Oils | Other Deferred Credits And Liabilities    
Derivative [Line Items]    
Derivative liabilities 0 0
Ameren Illinois Company | Natural Gas | Other Current Assets    
Derivative [Line Items]    
Derivative assets 2 1
Ameren Illinois Company | Natural Gas | Other Assets    
Derivative [Line Items]    
Derivative assets 1 2
Ameren Illinois Company | Natural Gas | Other Current Liabilities    
Derivative [Line Items]    
Derivative liabilities 12 8
Ameren Illinois Company | Natural Gas | Other Deferred Credits And Liabilities    
Derivative [Line Items]    
Derivative liabilities 7 6
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 liabilities 15 14
Ameren Illinois Company | Power | Other Deferred Credits And Liabilities    
Derivative [Line Items]    
Derivative liabilities $ 189 $ 169
v3.19.3
Fair Value Measurements (Schedule Of Fair Value Hierarchy Of Assets And Liabilities Measured At Fair Value On Recurring Basis) (Detail) - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund $ 790 $ 679
Assets fair value 811 694
Excluded receivables, payables, and accrued income, net 8 5
Quoted Prices In Active Markets For Identical Assets or Liabilities (Level 1)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 518 427
Assets fair value 519 428
Significant Other Observable Inputs (Level 2)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 272 252
Assets fair value 272 255
Significant Other Unobservable Inputs (Level 3)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 0 0
Assets fair value 20 11
Commodity Contract    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 21 15
Derivative liabilities 243 219
Commodity Contract | Quoted Prices In Active Markets For Identical Assets or Liabilities (Level 1)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 1 1
Derivative liabilities 6 2
Commodity Contract | Significant Other Observable Inputs (Level 2)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 0 3
Derivative liabilities 18 16
Commodity Contract | Significant Other Unobservable Inputs (Level 3)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 20 11
Derivative liabilities 219 201
Fuel Oils | Commodity Contract    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 6 8
Derivative liabilities 12 13
Fuel Oils | Commodity Contract | Quoted Prices In Active Markets For Identical Assets or Liabilities (Level 1)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 0 1
Derivative liabilities 4 2
Fuel Oils | Commodity Contract | Significant Other Observable Inputs (Level 2)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 0 0
Derivative liabilities 0 0
Fuel Oils | Commodity Contract | Significant Other Unobservable Inputs (Level 3)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 6 7
Derivative liabilities 8 11
Power | Commodity Contract    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 12 4
Derivative liabilities 208 187
Power | Commodity Contract | Quoted Prices In Active Markets For Identical Assets or Liabilities (Level 1)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 1 0
Derivative liabilities 0 0
Power | Commodity Contract | Significant Other Observable Inputs (Level 2)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 0 1
Derivative liabilities 1 1
Power | Commodity Contract | Significant Other Unobservable Inputs (Level 3)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 11 3
Derivative liabilities 207 186
Natural Gas | Commodity Contract    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 3 3
Derivative liabilities 23 19
Natural Gas | Commodity Contract | Quoted Prices In Active Markets For Identical Assets or Liabilities (Level 1)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 0 0
Derivative liabilities 2 0
Natural Gas | Commodity Contract | Significant Other Observable Inputs (Level 2)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 0 2
Derivative liabilities 17 15
Natural Gas | Commodity Contract | Significant Other Unobservable Inputs (Level 3)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 3 1
Derivative liabilities 4 4
Equity Securities | U.S. large capitalization    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 518 427
Equity Securities | Quoted Prices In Active Markets For Identical Assets or Liabilities (Level 1) | U.S. large capitalization    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 518 427
Equity Securities | Significant Other Observable Inputs (Level 2) | U.S. large capitalization    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 0 0
Equity Securities | Significant Other Unobservable Inputs (Level 3) | U.S. large capitalization    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 0 0
Debt Securities | Corporate bonds    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 86 72
Debt Securities | US treasury and government securities    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 136 148
Debt Securities | Other Debt Securities    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 50 32
Debt Securities | Quoted Prices In Active Markets For Identical Assets or Liabilities (Level 1) | Corporate bonds    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 0 0
Debt Securities | Quoted Prices In Active Markets For Identical Assets or Liabilities (Level 1) | US treasury and government securities    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 0 0
Debt Securities | Quoted Prices In Active Markets For Identical Assets or Liabilities (Level 1) | Other Debt Securities    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 0 0
Debt Securities | Significant Other Observable Inputs (Level 2) | Corporate bonds    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 86 72
Debt Securities | Significant Other Observable Inputs (Level 2) | US treasury and government securities    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 136 148
Debt Securities | Significant Other Observable Inputs (Level 2) | Other Debt Securities    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 50 32
Debt Securities | Significant Other Unobservable Inputs (Level 3) | Corporate bonds    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 0 0
Debt Securities | Significant Other Unobservable Inputs (Level 3) | US treasury and government securities    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 0 0
Debt Securities | Significant Other Unobservable Inputs (Level 3) | Other Debt Securities    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 0 0
Union Electric Company    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 790 679
Assets fair value 808 691
Excluded receivables, payables, and accrued income, net 8 5
Union Electric Company | Quoted Prices In Active Markets For Identical Assets or Liabilities (Level 1)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 518 427
Assets fair value 519 428
Union Electric Company | Significant Other Observable Inputs (Level 2)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 272 252
Assets fair value 272 253
Union Electric Company | Significant Other Unobservable Inputs (Level 3)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 0 0
Assets fair value 17 10
Union Electric Company | Commodity Contract    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 18 12
Derivative liabilities 20 22
Union Electric Company | Commodity Contract | Quoted Prices In Active Markets For Identical Assets or Liabilities (Level 1)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 1 1
Derivative liabilities 4 2
Union Electric Company | Commodity Contract | Significant Other Observable Inputs (Level 2)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 0 1
Derivative liabilities 4 6
Union Electric Company | Commodity Contract | Significant Other Unobservable Inputs (Level 3)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 17 10
Derivative liabilities 12 14
Union Electric Company | Fuel Oils | Commodity Contract    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 6 8
Derivative liabilities 12 13
Union Electric Company | Fuel Oils | Commodity Contract | Quoted Prices In Active Markets For Identical Assets or Liabilities (Level 1)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 0 1
Derivative liabilities 4 2
Union Electric Company | Fuel Oils | Commodity Contract | Significant Other Observable Inputs (Level 2)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 0 0
Derivative liabilities 0 0
Union Electric Company | Fuel Oils | Commodity Contract | Significant Other Unobservable Inputs (Level 3)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 6 7
Derivative liabilities 8 11
Union Electric Company | Power | Commodity Contract    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 12 4
Derivative liabilities 4 4
Union Electric Company | Power | Commodity Contract | Quoted Prices In Active Markets For Identical Assets or Liabilities (Level 1)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 1 0
Derivative liabilities 0 0
Union Electric Company | Power | Commodity Contract | Significant Other Observable Inputs (Level 2)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 0 1
Derivative liabilities 1 1
Union Electric Company | Power | Commodity Contract | Significant Other Unobservable Inputs (Level 3)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 11 3
Derivative liabilities 3 3
Union Electric Company | Natural Gas | Commodity Contract    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative liabilities 4 5
Union Electric Company | Natural Gas | Commodity Contract | Quoted Prices In Active Markets For Identical Assets or Liabilities (Level 1)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative liabilities 0 0
Union Electric Company | Natural Gas | Commodity Contract | Significant Other Observable Inputs (Level 2)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative liabilities 3 5
Union Electric Company | Natural Gas | Commodity Contract | Significant Other Unobservable Inputs (Level 3)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative liabilities 1 0
Union Electric Company | Equity Securities | U.S. large capitalization    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 518 427
Union Electric Company | Equity Securities | Quoted Prices In Active Markets For Identical Assets or Liabilities (Level 1) | U.S. large capitalization    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 518 427
Union Electric Company | Equity Securities | Significant Other Observable Inputs (Level 2) | U.S. large capitalization    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 0 0
Union Electric Company | Equity Securities | Significant Other Unobservable Inputs (Level 3) | U.S. large capitalization    
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 86 72
Union Electric Company | Debt Securities | US treasury and government securities    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 136 148
Union Electric Company | Debt Securities | Other Debt Securities    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 50 32
Union Electric Company | Debt Securities | Quoted Prices In Active Markets For Identical Assets or Liabilities (Level 1) | Corporate bonds    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 0 0
Union Electric Company | Debt Securities | Quoted Prices In Active Markets For Identical Assets or Liabilities (Level 1) | US treasury and government securities    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 0 0
Union Electric Company | Debt Securities | Quoted Prices In Active Markets For Identical Assets or Liabilities (Level 1) | Other Debt Securities    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 0 0
Union Electric Company | Debt Securities | Significant Other Observable Inputs (Level 2) | Corporate bonds    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 86 72
Union Electric Company | Debt Securities | Significant Other Observable Inputs (Level 2) | US treasury and government securities    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 136 148
Union Electric Company | Debt Securities | Significant Other Observable Inputs (Level 2) | Other Debt Securities    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 50 32
Union Electric Company | Debt Securities | Significant Other Unobservable Inputs (Level 3) | Corporate bonds    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 0 0
Union Electric Company | Debt Securities | Significant Other Unobservable Inputs (Level 3) | US treasury and government securities    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 0 0
Union Electric Company | Debt Securities | Significant Other Unobservable Inputs (Level 3) | Other Debt Securities    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Nuclear Decommissioning Trust Fund 0 0
Ameren Illinois Company | Commodity Contract    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative liabilities 223 197
Ameren Illinois Company | Commodity Contract | Quoted Prices In Active Markets For Identical Assets or Liabilities (Level 1)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative liabilities 2 0
Ameren Illinois Company | Commodity Contract | Significant Other Observable Inputs (Level 2)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative liabilities 14 10
Ameren Illinois Company | Commodity Contract | Significant Other Unobservable Inputs (Level 3)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative liabilities 207 187
Ameren Illinois Company | Power | Commodity Contract    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative liabilities 204 183
Ameren Illinois Company | Power | Commodity Contract | Quoted Prices In Active Markets For Identical Assets or Liabilities (Level 1)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative liabilities 0 0
Ameren Illinois Company | Power | Commodity Contract | Significant Other Observable Inputs (Level 2)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative liabilities 0 0
Ameren Illinois Company | Power | Commodity Contract | Significant Other Unobservable Inputs (Level 3)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative liabilities 204 183
Ameren Illinois Company | Natural Gas | Commodity Contract    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 3 3
Derivative liabilities 19 14
Ameren Illinois Company | Natural Gas | Commodity Contract | Quoted Prices In Active Markets For Identical Assets or Liabilities (Level 1)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 0 0
Derivative liabilities 2 0
Ameren Illinois Company | Natural Gas | Commodity Contract | Significant Other Observable Inputs (Level 2)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 0 2
Derivative liabilities 14 10
Ameren Illinois Company | Natural Gas | Commodity Contract | Significant Other Unobservable Inputs (Level 3)    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets 3 1
Derivative liabilities $ 3 $ 4
v3.19.3
Fair Value Measurements (Schedule Of Changes In The Fair Value Of Financial Assets And Liabilities Classified As Level Three In The Fair Value Hierarchy) (Detail) - Power - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Mar. 31, 2019
Dec. 31, 2018
Mar. 31, 2018
Dec. 31, 2017
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases $ 0 $ 1 $ 0 $ 5        
Change in unrealized gains (losses) related to assets/liabilities held at period end (21) 0 (23) (3)        
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs (196) (187) (196) (187) $ (176) $ (183) $ (185) $ (188)
Included in regulatory assets/liabilities (21) (4) (20) (8)        
Settlements 3 2 9 5        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 (2) (1) (2) (1)        
Union Electric Company                
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases 0 1 0 5        
Change in unrealized gains (losses) related to assets/liabilities held at period end (4) 0 8 (1)        
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs 8 0 8 0 15 0 5 7
Included in regulatory assets/liabilities (4) (4) 12 (7)        
Settlements (1) (1) (2) (4)        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 (2) (1) (2) (1)        
Ameren Illinois Company                
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]                
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases 0 0 0 0        
Change in unrealized gains (losses) related to assets/liabilities held at period end (17) 0 (31) (2)        
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs (204) (187) (204) (187) $ (191) $ (183) $ (190) $ (195)
Included in regulatory assets/liabilities (17) 0 (32) (1)        
Settlements 4 3 $ 11 9        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 $ 0 $ 0   $ 0        
v3.19.3
Fair Value Measurements (Schedule Of Valuation Process And Unobservable Inputs) (Detail) - Power
$ in Millions
Sep. 30, 2019
USD ($)
$ / MWh
$ / MMBTU
Sep. 30, 2018
USD ($)
$ / MWh
$ / MMBTU
Derivative Assets    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Derivative assets | $ $ 11 $ 3
Derivative Liabilities    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Derivative liabilities | $ $ (207) $ (186)
Measurement Input, Quoted Price [Member] | Discounted Cash Flow | Minimum    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Measurement input 22  
Measurement Input, Quoted Price [Member] | Discounted Cash Flow | Maximum    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Measurement input 37  
Commodity Forward Price | Discounted Cash Flow | Minimum    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Measurement input   23
Commodity Forward Price | Discounted Cash Flow | Maximum    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Measurement input   39
Commodity Forward Price | Discounted Cash Flow | Weighted Average    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Measurement input 25 28
Nodal Basis | Discounted Cash Flow | Minimum    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Measurement input (7) (9)
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 | Fundamental Energy Production Model | Minimum    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Measurement input | $ / MMBTU 3 3
Commodity Future Price | Fundamental Energy Production Model | Maximum    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Measurement input | $ / MMBTU 3 4
Commodity Future Price | Fundamental Energy Production Model | Weighted Average    
Fair Value Inputs, Assets and Liabilities, Quantitative Information [Line Items]    
Measurement input | $ / MMBTU 3 3
v3.19.3
Fair Value Measurements (Schedule Of Carrying Amounts And Estimated Fair Values Of Financial Assets and Liabilities) (Detail) - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Sep. 30, 2018
Dec. 31, 2017
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ 155 $ 107 $ 92 $ 68
Short-term Debt 544 597    
Union Electric Company        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 14 8 7 7
Short-term Debt 144 55    
Ameren Illinois Company        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 117 80 $ 71 $ 41
Short-term Debt 310 72    
Carrying Amount        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 155 107    
Available-for-sale Securities and Held-to-maturity Securities 270 270    
Short-term Debt 544 597    
Long-term debt (including current portion) 8,987 8,439    
Debt Issuance Costs, Net 65 58    
Carrying Amount | Union Electric Company        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 14 8    
Available-for-sale Securities and Held-to-maturity Securities 270 270    
Short-term Debt 144 55    
Long-term debt (including current portion) 4,115 3,998    
Debt Issuance Costs, Net 27 22    
Carrying Amount | Ameren Illinois Company        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 117 80    
Short-term Debt 310 72    
Long-term debt (including current portion) 3,279 3,296    
Debt Issuance Costs, Net 31 31    
Fair Value        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 155 107    
Short-term Debt, Fair Value 544 597    
Investments, Fair Value Disclosure 270 270    
Long-term Debt, Fair Value 10,218 8,669    
Fair Value | Quoted Prices In Active Markets For Identical Assets or Liabilities (Level 1)        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 155 107    
Short-term Debt, Fair Value 0 0    
Investments, Fair Value Disclosure 0 0    
Long-term Debt, Fair Value 0 0    
Fair Value | Significant Other Observable Inputs (Level 2)        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 0 0    
Short-term Debt, Fair Value 544 597    
Investments, Fair Value Disclosure 270 270    
Long-term Debt, Fair Value 9,727 8,240    
Fair Value | Significant Other Unobservable Inputs (Level 3)        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 0 0    
Short-term Debt, Fair Value 0 0    
Investments, Fair Value Disclosure 0 0    
Long-term Debt, Fair Value 491 429    
Fair Value | Union Electric Company        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 14 8    
Short-term Debt, Fair Value 144 55    
Investments, Fair Value Disclosure 270 270    
Long-term Debt, Fair Value 4,766 4,156    
Fair Value | Union Electric Company | Quoted Prices In Active Markets For Identical Assets or Liabilities (Level 1)        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 14 8    
Short-term Debt, Fair Value 0 0    
Investments, Fair Value Disclosure 0 0    
Long-term Debt, Fair Value 0 0    
Fair Value | Union Electric Company | Significant Other Observable Inputs (Level 2)        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 0 0    
Short-term Debt, Fair Value 144 55    
Investments, Fair Value Disclosure 270 270    
Long-term Debt, Fair Value 4,766 4,156    
Fair Value | Union Electric Company | Significant Other Unobservable Inputs (Level 3)        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 0 0    
Short-term Debt, Fair Value 0 0    
Investments, Fair Value Disclosure 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, Restricted Cash and Restricted Cash Equivalents 117 80    
Short-term Debt, Fair Value 310 72    
Long-term Debt, Fair Value 3,788 3,391    
Fair Value | Ameren Illinois Company | Quoted Prices In Active Markets For Identical Assets or Liabilities (Level 1)        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 117 80    
Short-term Debt, Fair Value 0 0    
Long-term Debt, Fair Value 0 0    
Fair Value | Ameren Illinois Company | Significant Other Observable Inputs (Level 2)        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 0 0    
Short-term Debt, Fair Value 310 72    
Long-term Debt, Fair Value 3,788 3,391    
Fair Value | Ameren Illinois Company | Significant Other Unobservable Inputs (Level 3)        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 0 0    
Short-term Debt, Fair Value 0 0    
Long-term Debt, Fair Value $ 0 $ 0    
v3.19.3
Related Party Transactions (Schedule of Related Party Transactions) (Detail) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Related Party Transaction [Line Items]        
Operating Revenues $ 19 $ 0 $ 19 $ 0
Ameren Illinois Company        
Related Party Transaction [Line Items]        
Operating Revenues 0 0 0 0
Ameren Missouri Power Supply Agreements with Ameren Illinois | Union Electric Company        
Related Party Transaction [Line Items]        
Operating Revenues 1 5 3 11
Ameren Missouri and Ameren Illinois Rent and Facility Services | Union Electric Company        
Related Party Transaction [Line Items]        
Operating Revenues 7 6 20 17
Operating Expenses 1 1 1 2
Ameren Missouri and Ameren Illinois Rent and Facility Services | Ameren Illinois Company        
Related Party Transaction [Line Items]        
Operating Revenues 1 1 2 2
Operating Expenses 1 1 4 4
Ameren Missouri and Ameren Illinois Miscellaneous Support Services | Union Electric Company        
Related Party Transaction [Line Items]        
Operating Revenues 1 1 1 1
Ameren Missouri and Ameren Illinois Miscellaneous Support Services | Ameren Illinois Company        
Related Party Transaction [Line Items]        
Operating Revenues 1 1 1 1
Ameren Missouri Software Licensing with Ameren Illinois | Ameren Illinois Natural Gas        
Related Party Transaction [Line Items]        
Operating Revenues 5      
Ameren Missouri Software Licensing with Ameren Illinois | Ameren Illinois Company        
Related Party Transaction [Line Items]        
Operating Revenues 19   19  
Total Related Party Operating Revenues | Union Electric Company        
Related Party Transaction [Line Items]        
Operating Revenues 9 11 24 28
Total Related Party Operating Revenues | Ameren Illinois Company        
Related Party Transaction [Line Items]        
Operating Revenues 20 1 22 2
Ameren Illinois Power Supply Agreements with Ameren Missouri | Ameren Illinois Company        
Related Party Transaction [Line Items]        
Operating Expenses 1 5 3 11
Ameren Illinois Transmission Services With ATXI | Ameren Illinois Company        
Related Party Transaction [Line Items]        
Operating Expenses 1 1 1 1
Purchased Power | Ameren Illinois Company        
Related Party Transaction [Line Items]        
Operating Expenses 2 5 4 12
Ameren Services Support Services Agreement | Union Electric Company        
Related Party Transaction [Line Items]        
Operating Expenses 34 36 98 101
Ameren Services Support Services Agreement | Ameren Illinois Company        
Related Party Transaction [Line Items]        
Operating Expenses 30 33 91 93
Total Related Party Other Operations and Maintenance | Union Electric Company        
Related Party Transaction [Line Items]        
Operating Expenses 34 37 99 103
Total Related Party Other Operations and Maintenance | Ameren Illinois Company        
Related Party Transaction [Line Items]        
Operating Expenses 31 34 95 97
Money Pool | Union Electric Company        
Related Party Transaction [Line Items]        
Interest Charges 1 1 1 1
Money Pool | Ameren Illinois Company        
Related Party Transaction [Line Items]        
Interest Charges $ 1 $ 1 $ 1 $ 1
v3.19.3
Related Party Transactions Narrative (Details)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
USD ($)
Sep. 30, 2018
USD ($)
Sep. 30, 2019
USD ($)
MWh
$ / MWh
Sep. 30, 2018
USD ($)
Dec. 31, 2018
USD ($)
Related Party Transaction [Line Items]          
Revenue from Related Parties $ 19 $ 0 $ 19 $ 0  
Ameren Illinois Company          
Related Party Transaction [Line Items]          
Revenue from Related Parties 0 $ 0 0 $ 0  
Accounts payable - affiliates 67   67   $ 58
Accounts receivable - affiliates 38   38   21
Ameren Illinois Company | Ameren Missouri Software Licensing with Ameren Illinois          
Related Party Transaction [Line Items]          
Related Party Software Licensing Agreement 24        
Capitalized Computer Software, Net 5   5    
Revenue from Related Parties 19   19    
Accounts receivable - affiliates 24   24    
Ameren Illinois Electric Distribution | Ameren Missouri Software Licensing with Ameren Illinois          
Related Party Transaction [Line Items]          
Revenue from Related Parties 14        
Ameren Illinois Natural Gas | Ameren Missouri Software Licensing with Ameren Illinois          
Related Party Transaction [Line Items]          
Revenue from Related Parties 5        
Union Electric Company          
Related Party Transaction [Line Items]          
Accounts payable - affiliates 126   126   69
Accounts receivable - affiliates 20   20   $ 14
Union Electric Company | Ameren Missouri Software Licensing with Ameren Illinois          
Related Party Transaction [Line Items]          
Capitalized Computer Software, Gross 24   24    
Accounts payable - affiliates $ 24   $ 24    
April 2019 Procurement | Ameren Illinois Company | Ameren Illinois Power Supply Agreements with Ameren Missouri          
Related Party Transaction [Line Items]          
Long-term Contract for Purchase of Electric Power, Related Party Contract, Fixed Power | MWh     288,000    
Long-term Contract for Purchase of Electric Power, Related Party Contract, Fixed Power, Rate | $ / MWh     35    
September 2019 Procurement | Ameren Illinois Company | Ameren Illinois Power Supply Agreements with Ameren Missouri          
Related Party Transaction [Line Items]          
Long-term Contract for Purchase of Electric Power, Related Party Contract, Fixed Power | MWh     170,800    
Long-term Contract for Purchase of Electric Power, Related Party Contract, Fixed Power, Rate | $ / MWh     29    
v3.19.3
Related Party Transactions (Schedule of Affiliate Receivables and Payables) (Details) - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Union Electric Company    
Related Party Transaction [Line Items]    
Accounts payable - affiliates $ 126 $ 69
Accounts receivable - affiliates 20 14
Union Electric Company | Income taxes payable to parent    
Related Party Transaction [Line Items]    
Accounts payable - affiliates 58 16
Union Electric Company | Income taxes receivable from parent    
Related Party Transaction [Line Items]    
Accounts receivable - affiliates 0 0
Ameren Illinois Company    
Related Party Transaction [Line Items]    
Accounts payable - affiliates 67 58
Accounts receivable - affiliates 38 21
Ameren Illinois Company | Income taxes payable to parent    
Related Party Transaction [Line Items]    
Accounts payable - affiliates 24 7
Ameren Illinois Company | Income taxes receivable from parent    
Related Party Transaction [Line Items]    
Accounts receivable - affiliates $ 0 $ 6
v3.19.3
Commitments And Contingencies (Other Obligations) (Detail)
$ in Millions
9 Months Ended
Sep. 30, 2019
USD ($)
MWh
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]  
2019 $ 291
2020 630
2021 438
2022 235
2023 140
Thereafter 188
Total unrecorded unconditional purchase obligation 1,922
Coal  
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]  
2019 142
2020 226
2021 195
2022 137
2023 46
Thereafter 0
Total unrecorded unconditional purchase obligation 746
Natural Gas  
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]  
2019 51
2020 172
2021 105
2022 49
2023 25
Thereafter 48
Total unrecorded unconditional purchase obligation 450
Nuclear Fuel  
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]  
2019 21
2020 43
2021 59
2022 12
2023 42
Thereafter 29
Total unrecorded unconditional purchase obligation 206
Purchased Power  
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]  
2019 56
2020 146
2021 50
2022 12
2023 2
Thereafter 0
Total unrecorded unconditional purchase obligation $ 266
Amount of Megawatts | MWh 102
Methane Gas  
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]  
2019 $ 1
2020 3
2021 3
2022 3
2023 3
Thereafter 26
Total unrecorded unconditional purchase obligation 39
Other  
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]  
2019 20
2020 40
2021 26
2022 22
2023 22
Thereafter 85
Total unrecorded unconditional purchase obligation 215
Renewable Energy Credits  
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]  
Total unrecorded unconditional purchase obligation 11
Zero Emission Credits  
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]  
Total unrecorded unconditional purchase obligation 44
Union Electric Company  
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]  
2019 190
2020 340
2021 302
2022 185
2023 123
Thereafter 120
Total unrecorded unconditional purchase obligation 1,260
Union Electric Company | Coal  
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]  
2019 142
2020 226
2021 195
2022 137
2023 46
Thereafter 0
Total unrecorded unconditional purchase obligation 746
Union Electric Company | Natural Gas  
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]  
2019 10
2020 39
2021 23
2022 11
2023 10
Thereafter 17
Total unrecorded unconditional purchase obligation 110
Union Electric Company | Nuclear Fuel  
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]  
2019 21
2020 43
2021 59
2022 12
2023 42
Thereafter 29
Total unrecorded unconditional purchase obligation 206
Union Electric Company | Purchased Power  
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]  
2019 0
2020 0
2021 0
2022 0
2023 0
Thereafter 0
Total unrecorded unconditional purchase obligation $ 0
Amount of Megawatts | MWh 102
Union Electric Company | Methane Gas  
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]  
2019 $ 1
2020 3
2021 3
2022 3
2023 3
Thereafter 26
Total unrecorded unconditional purchase obligation 39
Union Electric Company | Other  
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]  
2019 16
2020 29
2021 22
2022 22
2023 22
Thereafter 48
Total unrecorded unconditional purchase obligation 159
Ameren Illinois Company  
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]  
2019 99
2020 280
2021 132
2022 50
2023 17
Thereafter 31
Total unrecorded unconditional purchase obligation 609
Ameren Illinois Company | Coal  
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]  
2019 0
2020 0
2021 0
2022 0
2023 0
Thereafter 0
Total unrecorded unconditional purchase obligation 0
Ameren Illinois Company | Natural Gas  
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]  
2019 41
2020 133
2021 82
2022 38
2023 15
Thereafter 31
Total unrecorded unconditional purchase obligation 340
Ameren Illinois Company | Nuclear Fuel  
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]  
2019 0
2020 0
2021 0
2022 0
2023 0
Thereafter 0
Total unrecorded unconditional purchase obligation 0
Ameren Illinois Company | Purchased Power  
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]  
2019 56
2020 146
2021 50
2022 12
2023 2
Thereafter 0
Total unrecorded unconditional purchase obligation 266
Ameren Illinois Company | Methane Gas  
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]  
2019 0
2020 0
2021 0
2022 0
2023 0
Thereafter 0
Total unrecorded unconditional purchase obligation 0
Ameren Illinois Company | Other  
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]  
2019 2
2020 1
2021 0
2022 0
2023 0
Thereafter 0
Total unrecorded unconditional purchase obligation 3
Ameren Illinois Company | Renewable Energy Credits  
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]  
Total unrecorded unconditional purchase obligation 11
Ameren Illinois Company | Zero Emission Credits  
Unrecorded Unconditional Purchase Obligation, Fiscal Year Maturity [Abstract]  
Total unrecorded unconditional purchase obligation $ 44
v3.19.3
Commitments And Contingencies (Environmental Matters) (Detail)
$ in Millions
9 Months Ended
Sep. 30, 2019
USD ($)
waste_stream
scrubber
center
site
Dec. 31, 2018
USD ($)
Loss Contingencies [Line Items]    
Percentage of Rate Base Related to Carbon Dioxide Energy Centers   16.00%
Asset Retirement Obligation $ 694 $ 650
Minimum    
Loss Contingencies [Line Items]    
Estimated capital costs to comply with existing and known federal and state air emissions regulations 300  
Maximum    
Loss Contingencies [Line Items]    
Estimated capital costs to comply with existing and known federal and state air emissions regulations $ 400  
Union Electric Company    
Loss Contingencies [Line Items]    
Percentage of Rate Base Related to Carbon Dioxide Energy Centers   32.00%
Number of Energy Center Scrubbers | scrubber 2  
Postponement of EPA's 2015 Rule two years  
Waste Streams with Postponed Compliance Dates | waste_stream 2  
Number of Energy Centers Constructing Wastewater Treatment Facilities | center 3  
Asset Retirement Obligation $ 690 $ 646
Union Electric Company | Minimum    
Loss Contingencies [Line Items]    
Estimated capital costs to comply with existing and known federal and state air emissions regulations 300  
Union Electric Company | Maximum    
Loss Contingencies [Line Items]    
Estimated capital costs to comply with existing and known federal and state air emissions regulations 400  
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 150  
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 200  
Manufactured Gas Plant    
Loss Contingencies [Line Items]    
Accrual for environmental loss contingencies $ 145  
Manufactured Gas Plant | Ameren Illinois Company    
Loss Contingencies [Line Items]    
Number of remediation sites | site 44  
Accrual for environmental loss contingencies $ 139  
Manufactured Gas Plant | Ameren Illinois Company | Minimum    
Loss Contingencies [Line Items]    
Estimate of possible loss 139  
Manufactured Gas Plant | Ameren Illinois Company | Maximum    
Loss Contingencies [Line Items]    
Estimate of possible loss 209  
Rush Island Energy Center [Member] | Union Electric Company    
Loss Contingencies [Line Items]    
Estimated capital costs to comply with preliminary court order 1,000  
Rush Island Energy Center [Member] | Union Electric Company | Minimum    
Loss Contingencies [Line Items]    
Estimated operations and maintenance costs to comply with preliminary court order 30  
Rush Island Energy Center [Member] | Union Electric Company | Maximum    
Loss Contingencies [Line Items]    
Estimated operations and maintenance costs to comply with preliminary court order 50  
New CCR Rules Estimate    
Loss Contingencies [Line Items]    
Asset Retirement Obligation 162  
New CCR Rules Estimate | Union Electric Company    
Loss Contingencies [Line Items]    
Asset Retirement Obligation $ 160  
v3.19.3
Callaway Energy Center (Insurance Disclosure) (Detail)
$ in Millions
9 Months Ended
Sep. 30, 2019
USD ($)
Nuclear Waste Matters [Line Items]  
Inflationary Adjustment Prescribed By Most Recent Price-Anderson Act Renewal, In Years five 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
Public Liability And Nuclear Worker Liability - American Nuclear Insurers  
Nuclear Waste Matters [Line Items]  
Maximum Coverages $ 450.0
Maximum Assessments for Single Incidents 0.0
Public Liability And Nuclear Worker Liability - Pool Participation  
Nuclear Waste Matters [Line Items]  
Maximum Coverages 13,486.0
Maximum Assessments for Single Incidents 138.0
Threshold For Which A Retrospective Assessment For A Covered Loss Is Necessary 450.0
Annual Payment In The Event Of An Incident At Any Licensed Commercial Reactor 21.0
Public Liability  
Nuclear Waste Matters [Line Items]  
Maximum Coverages 13,936.0
Maximum Assessments for Single Incidents 138.0
Property Damage - Nuclear Electric Insurance Ltd  
Nuclear Waste Matters [Line Items]  
Maximum Coverages 3,200.0
Maximum Assessments for Single Incidents 28.0
Replacement Power - Nuclear Electric Insurance Ltd  
Nuclear Waste Matters [Line Items]  
Maximum Coverages 490.0
Maximum Assessments for Single Incidents 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]  
Maximum Coverages 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]  
Maximum Coverages 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]  
Maximum Coverages $ 490.0
v3.19.3
Retirement Benefits (Components Of Net Periodic Benefit Cost) (Detail) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]        
Total non-service cost components $ (23) $ (17) $ (67) $ (52)
Pension Plan        
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]        
Service cost 22 25 66 75
Interest cost 46 42 139 126
Expected return on plan assets (69) (68) (207) (206)
Prior service cost (benefit) 0 0 0 0
Actuarial loss 6 17 19 51
Total non-service cost components (17) (9) (49) (29)
Net periodic benefit cost 5 16 17 46
Other Postretirement Benefit Plan, Defined Benefit        
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]        
Service cost 4 6 13 16
Interest cost 11 10 32 30
Expected return on plan assets (19) (20) (57) (58)
Prior service cost (benefit) (1) (1) (4) (3)
Actuarial loss (4) (2) (11) (5)
Total non-service cost components (13) (13) (40) (36)
Net periodic benefit cost (9) (7) (27) (20)
Union Electric Company        
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]        
Total non-service cost components (4) (4) (13) (13)
Union Electric Company | Pension Plan        
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]        
Net periodic benefit cost 1 6 3 17
Union Electric Company | Other Postretirement Benefit Plan, Defined Benefit        
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]        
Net periodic benefit cost (1) (1) (4) (1)
Ameren Illinois Company        
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]        
Total non-service cost components (12) (8) (36) (25)
Ameren Illinois Company | Pension Plan        
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]        
Net periodic benefit cost 5 11 15 30
Ameren Illinois Company | Other Postretirement Benefit Plan, Defined Benefit        
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]        
Net periodic benefit cost $ (8) $ (6) $ (23) $ (19)
v3.19.3
Retirement Benefits (Summary of Benefit Plan Costs Incurred) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Pension Plan        
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]        
Net periodic benefit cost $ 5 $ 16 $ 17 $ 46
Pension Plan | Union Electric Company        
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]        
Net periodic benefit cost 1 6 3 17
Pension Plan | Ameren Illinois Company        
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]        
Net periodic benefit cost 5 11 15 30
Pension Plan | Other Affiliated Entities and Intercompany Eliminations [Member]        
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]        
Net periodic benefit cost (1) (1) (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 (9) (7) (27) (20)
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 (1) (1) (4) (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 (8) (6) (23) (19)
Other Postretirement Benefit Plan, Defined Benefit | Other Affiliated Entities and Intercompany Eliminations [Member]        
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]        
Net periodic benefit cost $ 0 $ 0 $ 0 $ 0
v3.19.3
Income Taxes Income Taxes (Schedule of Effective Income Tax Rate Reconciliation) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Taxes [Line Items]        
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 21.00% 21.00% 21.00% 21.00%
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Amortization of Excess Deferred Taxes, Percent (7.00%) (6.00%) (7.00%) (3.00%)
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Depreciation, Percent 0.00% 0.00%    
Effective Income Tax Rate Reconciliation, Tax Credit, Investment, Percent (1.00%) (1.00%) (1.00%) (1.00%)
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent 6.00% 6.00% 6.00% 6.00%
Effective Income Tax Rate Reconciliation, Share-based Compensation, Excess Tax Benefit, Percent 1.00% 0.00% (1.00%) 0.00%
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Percent 0.00% 3.00% 0.00% 1.00%
Effective Income Tax Rate Reconciliation, Other Adjustments, Percent     0.00% (1.00%)
Effective Income Tax Rate Reconciliation, Percent 20.00% 23.00% 18.00% 23.00%
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability       $ 13
Union Electric Company        
Income Taxes [Line Items]        
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 21.00% 21.00% 21.00% 21.00%
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Amortization of Excess Deferred Taxes, Percent (11.00%) (7.00%) (12.00%) (4.00%)
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Depreciation, Percent 0.00% 0.00%    
Effective Income Tax Rate Reconciliation, Tax Credit, Investment, Percent (1.00%) 0.00% (1.00%) 0.00%
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent 5.00% 4.00% 5.00% 4.00%
Effective Income Tax Rate Reconciliation, Share-based Compensation, Excess Tax Benefit, Percent 0.00% 0.00% 0.00% 0.00%
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Percent 0.00% 0.00% 0.00% 0.00%
Effective Income Tax Rate Reconciliation, Other Adjustments, Percent     0.00% 0.00%
Effective Income Tax Rate Reconciliation, Percent 14.00% 18.00% 13.00% 21.00%
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability       $ 4
Ameren Illinois Company        
Income Taxes [Line Items]        
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 21.00% 21.00% 21.00% 21.00%
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Amortization of Excess Deferred Taxes, Percent (3.00%) (3.00%) (4.00%) (4.00%)
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Depreciation, Percent 0.00% (1.00%)    
Effective Income Tax Rate Reconciliation, Tax Credit, Investment, Percent 0.00% 0.00% 0.00% 0.00%
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent 6.00% 5.00% 7.00% 7.00%
Effective Income Tax Rate Reconciliation, Share-based Compensation, Excess Tax Benefit, Percent 0.00% 0.00% 0.00% 0.00%
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Percent 0.00% 4.00% 0.00% 1.00%
Effective Income Tax Rate Reconciliation, Other Adjustments, Percent     0.00% 0.00%
Effective Income Tax Rate Reconciliation, Percent 24.00% 26.00% 24.00% 25.00%
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability       $ 4
v3.19.3
Supplemental Information (Narrative) (Details) - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Supplemental Information [Abstract]    
Payables for purchased receivables $ 37 $ 33
Deferred Compensation Liability, Classified, Noncurrent $ 78 $ 80
v3.19.3
Supplemental Information (Cash and Cash Equivalents) (Details) - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Sep. 30, 2018
Dec. 31, 2017
Schedule of Cash and Cash Equivalents Including Restricted Cash [Line Items]        
Cash and cash equivalents $ 20 $ 16    
Restricted Cash and Cash Equivalents, Current 14 13    
Restricted Cash and Cash Equivalents, Noncurrent 111 74    
Restricted Cash and Cash Equivalents, Nuclear Decommissioning Trust Fund 10 4    
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 155 107 $ 92 $ 68
Union Electric Company        
Schedule of Cash and Cash Equivalents Including Restricted Cash [Line Items]        
Cash and cash equivalents 0 0    
Restricted Cash and Cash Equivalents, Current 4 4    
Restricted Cash and Cash Equivalents, Noncurrent 0 0    
Restricted Cash and Cash Equivalents, Nuclear Decommissioning Trust Fund 10 4    
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 14 8 7 7
Ameren Illinois Company        
Schedule of Cash and Cash Equivalents Including Restricted Cash [Line Items]        
Cash and cash equivalents 0 0    
Restricted Cash and Cash Equivalents, Current 6 6    
Restricted Cash and Cash Equivalents, Noncurrent 111 74    
Restricted Cash and Cash Equivalents, Nuclear Decommissioning Trust Fund 0 0    
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ 117 $ 80 $ 71 $ 41
v3.19.3
Supplemental Information (Leases - Supplemental Balance Sheet Information) (Details)
$ in Millions
9 Months Ended
Sep. 30, 2019
USD ($)
Lessee, Lease, Description [Line Items]  
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability $ 38
Operating Lease, Right-of-Use Asset 38
Operating Lease, Liability, Current 8
Operating Lease, Liability, Noncurrent $ 30
Operating Lease, Weighted Average Remaining Lease Term 6 years
Operating Lease, Weighted Average Discount Rate, Percent 3.50%
Union Electric Company  
Lessee, Lease, Description [Line Items]  
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability $ 36
Lessee, Operating Lease, Renewal Term 5 years
Operating Lease, Right-of-Use Asset $ 36
Operating Lease, Liability, Current 7
Operating Lease, Liability, Noncurrent $ 29
Operating Lease, Weighted Average Remaining Lease Term 6 years
Operating Lease, Weighted Average Discount Rate, Percent 3.40%
v3.19.3
Supplemental Information (Leases - Maturities of Operating Lease Liabilities) (Details)
$ in Millions
Sep. 30, 2019
USD ($)
Lessee, Lease, Description [Line Items]  
2019 $ 2
2020 8
2021 8
2022 7
2023 6
Thereafter 11
Total lease payments 42
Less imputed interest 4
Total 38
Union Electric Company  
Lessee, Lease, Description [Line Items]  
2019 2
2020 8
2021 7
2022 6
2023 6
Thereafter 10
Total lease payments 39
Less imputed interest 3
Total $ 36
v3.19.3
Supplemental Information (Supplemental Cash Flow Information) (Details) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Supplemental Cash Flow Information [Line Items]    
Exchange of bond investments for extinguishment of senior unsecured notes $ 17 $ 0
Accrued Capital Expenditures 273 240
Net Realized and Unrealized Gain (Loss) - nuclear decommissioning trust fund 100 33
Noncash financing activity – Issuance of common stock for stock-based compensation 54 35
Union Electric Company    
Supplemental Cash Flow Information [Line Items]    
Exchange of bond investments for extinguishment of senior unsecured notes 0 0
Accrued Capital Expenditures 138 94
Net Realized and Unrealized Gain (Loss) - nuclear decommissioning trust fund 100 33
Noncash financing activity – Issuance of common stock for stock-based compensation 0 0
Ameren Illinois Company    
Supplemental Cash Flow Information [Line Items]    
Exchange of bond investments for extinguishment of senior unsecured notes 17 0
Accrued Capital Expenditures 128 133
Net Realized and Unrealized Gain (Loss) - nuclear decommissioning trust fund 0 0
Noncash financing activity – Issuance of common stock for stock-based compensation $ 0 $ 0
v3.19.3
Supplemental Information (Schedule of Asset Retirement Obligations) (Details) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Dec. 31, 2018
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]    
Asset Retirement Obligation $ 694 $ 650
Liabilities settled (10)  
Accretion 21  
Asset Retirement Obligation, Revision of Estimate 33  
Other current liabilities 522 491
Union Electric Company    
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]    
Asset Retirement Obligation 690 646
Liabilities settled (10)  
Accretion 21  
Asset Retirement Obligation, Revision of Estimate 33  
Other current liabilities 240 243
Ameren Illinois Company    
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]    
Asset Retirement Obligation 4 4
Liabilities settled 0  
Accretion 0  
Asset Retirement Obligation, Revision of Estimate 0  
Other current liabilities 176 184
Asset Retirement Obligation Balance [Member]    
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]    
Other current liabilities 23 23
Asset Retirement Obligation Balance [Member] | Union Electric Company    
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]    
Other current liabilities $ 23 $ 23
v3.19.3
Supplemental Information (Summary of Nonvested Shares Related To Long-Term Incentive Plan) (Details) - USD ($)
$ / shares in Units, $ in Millions
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2018
Weighted-average Fair Value per Unit at Grant Date      
Effective Income Tax Rate Reconciliation, Share-based Compensation, Excess Tax Benefit, Amount $ 14 $ 6  
Performance Shares      
Share Units      
Nonvested at the beginning of the period (in shares) 682,811    
Granted (in shares) 297,728    
Forfeitures (in shares) (33,195)    
Undistributed vested units (in shares) (180,823)    
Vested and distributed (in shares) (176,923)    
Nonvested at the end of the period (in shares) 589,598    
Fully Vested Undistributed to Retirement-eligible employees (in shares) 448,831   619,783
Weighted-average Fair Value per Unit at Grant Date      
Weighted-average Fair Value per Unit, Nonvested as of Beginning of year (in dollars per share) $ 56.58    
Weighted-average Fair Value per Unit, Granted (in dollars per share) 67.42    
Weighted-average Fair Value per Unit, Forfeitures (in dollars per share) 64.34    
Weighted-average Fair Value per Unit, Undistributed Vested Units (in dollars per share) 62.24    
Weighted-average Fair Value per Unit, Vested (in dollars per share) 44.13    
Weighted-average Fair Value per Unit, Nonvested as of Current period end (in dollars per share) $ 63.62    
Performance period three year    
Closing common share price (in dollars per share)     $ 65.23
Expected Volatility Rate 17.00%    
Three-year risk-free rate 2.46%    
Volatility rate, minimum 15.00%    
Volatility rate, maximum 25.00%    
Restricted Stock Units (RSUs)      
Share Units      
Nonvested at the beginning of the period (in shares) 155,253    
Granted (in shares) 128,883    
Forfeitures (in shares) (11,028)    
Undistributed vested units (in shares) (40,616)    
Vested and distributed (in shares) (2,403)    
Nonvested at the end of the period (in shares) 230,089    
Fully Vested Undistributed to Retirement-eligible employees (in shares) 67,173   26,557
Weighted-average Fair Value per Unit at Grant Date      
Weighted-average Fair Value per Unit, Nonvested as of Beginning of year (in dollars per share) $ 57.38    
Weighted-average Fair Value per Unit, Granted (in dollars per share) 65.49    
Weighted-average Fair Value per Unit, Forfeitures (in dollars per share) 62.74    
Weighted-average Fair Value per Unit, Undistributed Vested Units (in dollars per share) 61.91    
Weighted-average Fair Value per Unit, Vested (in dollars per share) 54.30    
Weighted-average Fair Value per Unit, Nonvested as of Current period end (in dollars per share) $ 60.90    
v3.19.3
Supplemental Information (Schedule Of Excise Taxes) (Detail) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Accounting Policies [Line Items]        
Excise tax expense $ 76 $ 78 $ 209 $ 222
Union Electric Company        
Accounting Policies [Line Items]        
Excise tax expense 49 52 118 133
Ameren Illinois Company        
Accounting Policies [Line Items]        
Excise tax expense $ 27 $ 26 $ 91 $ 89
v3.19.3
Supplemental Information (Earnings Per Share) (Details) - shares
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Earnings Per Share Reconciliation [Abstract]        
Average Common Shares Outstanding - Basic (in shares) 245,900,000 244,100,000 245,500,000 243,600,000
Assumed settlement of performance share units and restricted stock units (in shares) 1,400,000 2,200,000 1,400,000 1,900,000
Dilutive effect of forward sale agreement (in shares) 200,000 0 100,000 0
Weighted Average Number of Shares Outstanding, Diluted (in shares) 247,500,000 246,300,000 247,000,000.0 245,500,000
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares) 0 0 0 0
v3.19.3
Segment Information (Schedule Of Segment Reporting Information By Segment) (Detail)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
USD ($)
Sep. 30, 2018
USD ($)
Sep. 30, 2019
USD ($)
segment
Sep. 30, 2018
USD ($)
Segment Reporting Information [Line Items]        
Number of Reportable Segments | segment     4  
External revenues $ 1,640 $ 1,724 $ 4,575 $ 4,872
Intersegment revenues 19 0 19 0
Net income (loss) attributable to common shareholders 364 357 734 747
Capital expenditures 636 577 $ 1,761 1,689
Union Electric Company        
Segment Reporting Information [Line Items]        
Number of Reportable Segments | segment     1  
Ameren Illinois Electric Distribution | Ameren Missouri Software Licensing with Ameren Illinois        
Segment Reporting Information [Line Items]        
Intersegment revenues 14   $ 14  
Ameren Illinois Natural Gas | Ameren Missouri Software Licensing with Ameren Illinois        
Segment Reporting Information [Line Items]        
Intersegment revenues 5   $ 5  
Ameren Illinois Company        
Segment Reporting Information [Line Items]        
Number of Reportable Segments | segment     3  
Ameren Illinois Company        
Segment Reporting Information [Line Items]        
External revenues 564 564 $ 1,873 1,902
Intersegment revenues 0 0 0 0
Net income (loss) attributable to common shareholders 65 63 247 220
Capital expenditures 344 345 900 947
Ameren Illinois Company | Ameren Missouri Software Licensing with Ameren Illinois        
Segment Reporting Information [Line Items]        
Intersegment revenues 19   19  
Operating Segments | Union Electric Company        
Segment Reporting Information [Line Items]        
External revenues 1,050 1,118 2,591 2,848
Intersegment revenues 9 11 24 28
Net income (loss) attributable to common shareholders 300 294 446 500
Capital expenditures 256 210 751 664
Operating Segments | Ameren Illinois Electric Distribution        
Segment Reporting Information [Line Items]        
External revenues 374 392 1,118 1,177
Intersegment revenues 15 0 17 2
Net income (loss) attributable to common shareholders 32 35 105 101
Capital expenditures 139 135 390 389
Operating Segments | Ameren Illinois Natural Gas        
Segment Reporting Information [Line Items]        
External revenues 107 116 563 569
Intersegment revenues 5 0 5 0
Net income (loss) attributable to common shareholders (1) 0 57 49
Capital expenditures 113 111 241 237
Operating Segments | Ameren Transmission        
Segment Reporting Information [Line Items]        
External revenues 109 98 303 278
Intersegment revenues 19 15 48 42
Net income (loss) attributable to common shareholders 53 48 139 121
Capital expenditures 129 124 377 399
Operating Segments | Other        
Segment Reporting Information [Line Items]        
External revenues 0 0 0 0
Intersegment revenues 0 0 0 0
Net income (loss) attributable to common shareholders (20) (20) (13) (24)
Capital expenditures (7) 1 3 6
Operating Segments | Ameren Illinois Company | Ameren Illinois Electric Distribution        
Segment Reporting Information [Line Items]        
External revenues 389 392 1,135 1,179
Intersegment revenues 0 0 0 0
Net income (loss) attributable to common shareholders 32 35 105 101
Capital expenditures 139 135 390 389
Operating Segments | Ameren Illinois Company | Ameren Illinois Natural Gas        
Segment Reporting Information [Line Items]        
External revenues 112 116 568 569
Intersegment revenues 0 0 0 0
Net income (loss) attributable to common shareholders (1) 0 57 49
Capital expenditures 113 111 241 237
Operating Segments | Ameren Illinois Company | Ameren Illinois Transmission        
Segment Reporting Information [Line Items]        
External revenues 63 56 170 154
Intersegment revenues 18 15 47 41
Net income (loss) attributable to common shareholders 34 28 85 70
Capital expenditures 92 99 269 321
Intersegment Eliminations        
Segment Reporting Information [Line Items]        
External revenues 0 0 0 0
Intersegment revenues (29) (26) (75) (72)
Net income (loss) attributable to common shareholders 0 0 0 0
Capital expenditures 6 (4) (1) (6)
Intersegment Eliminations | Ameren Illinois Company        
Segment Reporting Information [Line Items]        
External revenues 0 0 0 0
Intersegment revenues (18) (15) (47) (41)
Net income (loss) attributable to common shareholders 0 0 0 0
Capital expenditures $ 0 $ 0 $ 0 $ 0
v3.19.3
Segment Information (Disaggregation of Revenue) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax $ 1,659 $ 1,724 $ 4,594 $ 4,872
Intersegment revenues 19 0 19 0
TCJA Revenue Reduction   13   60
Revenues from alternative revenue programs (130) (111) (93) (91)
Other revenues not from contracts with customers 7 5 21 38
Ameren Illinois Electric Distribution | Ameren Missouri Software Licensing with Ameren Illinois        
Disaggregation of Revenue [Line Items]        
Intersegment revenues 14   14  
Ameren Illinois Natural Gas | Ameren Missouri Software Licensing with Ameren Illinois        
Disaggregation of Revenue [Line Items]        
Intersegment revenues 5   5  
Electricity        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 1,528 1,590 3,928 4,209
Electricity | Residential        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 713 731 1,774 1,935
Electricity | Commercial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 517 548 1,313 1,414
Electricity | Industrial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 121 129 320 345
Electricity | Other        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 177 182 521 515
Natural Gas        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 131 134 666 663
Natural Gas | Residential        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 73 76 455 470
Natural Gas | Commercial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 21 23 129 138
Natural Gas | Industrial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 3 2 12 15
Natural Gas | Other        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 34 33 70 40
Ameren Illinois Company        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 564 564 1,873 1,902
Intersegment revenues 0 0 0 0
Ameren Illinois Company | Ameren Missouri Software Licensing with Ameren Illinois        
Disaggregation of Revenue [Line Items]        
Intersegment revenues 19   19  
Ameren Illinois Company | Ameren Illinois Company        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 564 564 1,873 1,902
Revenues from alternative revenue programs (156) (110) (135) (81)
Other revenues not from contracts with customers 2 2 7 16
Ameren Illinois Company | Ameren Illinois Company | Residential        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 289 291 1,039 1,071
Ameren Illinois Company | Ameren Illinois Company | Commercial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 140 151 475 494
Ameren Illinois Company | Ameren Illinois Company | Industrial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 29 29 103 108
Ameren Illinois Company | Ameren Illinois Company | Other        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 106 93 256 229
Ameren Illinois Company | Electricity        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 452 448 1,305 1,333
Ameren Illinois Company | Natural Gas        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 112 116 568 569
Operating Segments | Union Electric Company        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 1,059 1,129 2,615 2,876
Intersegment revenues 9 11 24 28
Revenues from alternative revenue programs 26 1 41 (8)
Other revenues not from contracts with customers 5 3 14 22
Operating Segments | Ameren Illinois Electric Distribution        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 389 392 1,135 1,179
Intersegment revenues 15 0 17 2
Revenues from alternative revenue programs (145) (98) (111) (52)
Other revenues not from contracts with customers 1 1 5 14
Operating Segments | Ameren Illinois Natural Gas        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 112 116 568 569
Intersegment revenues 5 0 5 0
Revenues from alternative revenue programs 1 (2) 2 (10)
Other revenues not from contracts with customers 1 1 2 2
Operating Segments | Ameren Transmission        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 128 113 351 320
Intersegment revenues 19 15 48 42
Revenues from alternative revenue programs (12) (12) (25) (21)
Other revenues not from contracts with customers 0 0 0 0
Operating Segments | Electricity | Union Electric Company        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 1,040 1,111 2,517 2,782
Operating Segments | Electricity | Union Electric Company | Residential        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 489 508 1,134 1,272
Operating Segments | Electricity | Union Electric Company | Commercial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 394 417 943 1,033
Operating Segments | Electricity | Union Electric Company | Industrial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 94 101 226 249
Operating Segments | Electricity | Union Electric Company | Other        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 63 85 214 228
Operating Segments | Electricity | Ameren Illinois Electric Distribution        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 389 392 1,135 1,179
Operating Segments | Electricity | Ameren Illinois Electric Distribution | Residential        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 224 223 640 663
Operating Segments | Electricity | Ameren Illinois Electric Distribution | Commercial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 123 131 370 381
Operating Segments | Electricity | Ameren Illinois Electric Distribution | Industrial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 27 28 94 96
Operating Segments | Electricity | Ameren Illinois Electric Distribution | Other        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 15 10 31 39
Operating Segments | Electricity | Ameren Illinois Natural Gas        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Operating Segments | Electricity | Ameren Illinois Natural Gas | Residential        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Operating Segments | Electricity | Ameren Illinois Natural Gas | Commercial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Operating Segments | Electricity | Ameren Illinois Natural Gas | Industrial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Operating Segments | Electricity | Ameren Illinois Natural Gas | Other        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Operating Segments | Electricity | Ameren Transmission        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 128 113 351 320
Operating Segments | Electricity | Ameren Transmission | Residential        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Operating Segments | Electricity | Ameren Transmission | Commercial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Operating Segments | Electricity | Ameren Transmission | Industrial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Operating Segments | Electricity | Ameren Transmission | Other        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 128 113 351 320
Operating Segments | Natural Gas | Union Electric Company        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 19 18 98 94
Operating Segments | Natural Gas | Union Electric Company | Residential        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 8 8 56 62
Operating Segments | Natural Gas | Union Electric Company | Commercial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 4 3 24 25
Operating Segments | Natural Gas | Union Electric Company | Industrial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 1 1 3 3
Operating Segments | Natural Gas | Union Electric Company | Other        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 6 6 15 4
Operating Segments | Natural Gas | Ameren Illinois Electric Distribution        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Operating Segments | Natural Gas | Ameren Illinois Electric Distribution | Residential        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Operating Segments | Natural Gas | Ameren Illinois Electric Distribution | Commercial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Operating Segments | Natural Gas | Ameren Illinois Electric Distribution | Industrial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Operating Segments | Natural Gas | Ameren Illinois Electric Distribution | Other        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Operating Segments | Natural Gas | Ameren Illinois Natural Gas        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 112 116 568 569
Operating Segments | Natural Gas | Ameren Illinois Natural Gas | Residential        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 65 68 399 408
Operating Segments | Natural Gas | Ameren Illinois Natural Gas | Commercial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 17 20 105 113
Operating Segments | Natural Gas | Ameren Illinois Natural Gas | Industrial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 2 1 9 12
Operating Segments | Natural Gas | Ameren Illinois Natural Gas | Other        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 28 27 55 36
Operating Segments | Natural Gas | Ameren Transmission        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Operating Segments | Natural Gas | Ameren Transmission | Residential        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Operating Segments | Natural Gas | Ameren Transmission | Commercial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Operating Segments | Natural Gas | Ameren Transmission | Industrial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Operating Segments | Natural Gas | Ameren Transmission | Other        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Operating Segments | Ameren Illinois Company | Ameren Illinois Electric Distribution        
Disaggregation of Revenue [Line Items]        
Intersegment revenues 0 0 0 0
Revenues from alternative revenue programs (145) (98) (111) (52)
Other revenues not from contracts with customers 1 1 5 14
Operating Segments | Ameren Illinois Company | Ameren Illinois Natural Gas        
Disaggregation of Revenue [Line Items]        
Intersegment revenues 0 0 0 0
Revenues from alternative revenue programs 1 (2) 2 (10)
Other revenues not from contracts with customers 1 1 2 2
Operating Segments | Ameren Illinois Company | Ameren Illinois Transmission        
Disaggregation of Revenue [Line Items]        
Intersegment revenues 18 15 47 41
Revenues from alternative revenue programs (12) (10) (26) (19)
Other revenues not from contracts with customers 0 0 0 0
Operating Segments | Ameren Illinois Company | Electricity | Ameren Illinois Electric Distribution        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 389 392 1,135 1,179
Operating Segments | Ameren Illinois Company | Electricity | Ameren Illinois Electric Distribution | Residential        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 224 223 640 663
Operating Segments | Ameren Illinois Company | Electricity | Ameren Illinois Electric Distribution | Commercial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 123 131 370 381
Operating Segments | Ameren Illinois Company | Electricity | Ameren Illinois Electric Distribution | Industrial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 27 28 94 96
Operating Segments | Ameren Illinois Company | Electricity | Ameren Illinois Electric Distribution | Other        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 15 10 31 39
Operating Segments | Ameren Illinois Company | Electricity | Ameren Illinois Transmission        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 81 71 217 195
Operating Segments | Ameren Illinois Company | Electricity | Ameren Illinois Transmission | Residential        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Operating Segments | Ameren Illinois Company | Electricity | Ameren Illinois Transmission | Commercial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Operating Segments | Ameren Illinois Company | Electricity | Ameren Illinois Transmission | Industrial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Operating Segments | Ameren Illinois Company | Electricity | Ameren Illinois Transmission | Other        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 81 71 217 195
Operating Segments | Ameren Illinois Company | Natural Gas | Ameren Illinois Natural Gas        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 112 116 568 569
Operating Segments | Ameren Illinois Company | Natural Gas | Ameren Illinois Natural Gas | Residential        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 65 68 399 408
Operating Segments | Ameren Illinois Company | Natural Gas | Ameren Illinois Natural Gas | Commercial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 17 20 105 113
Operating Segments | Ameren Illinois Company | Natural Gas | Ameren Illinois Natural Gas | Industrial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 2 1 9 12
Operating Segments | Ameren Illinois Company | Natural Gas | Ameren Illinois Natural Gas | Other        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 28 27 55 36
Intersegment Eliminations        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax (29) (26) (75) (72)
Intersegment revenues (29) (26) (75) (72)
Intersegment Eliminations | Electricity        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax (29) (26) (75) (72)
Intersegment Eliminations | Electricity | Residential        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Intersegment Eliminations | Electricity | Commercial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Intersegment Eliminations | Electricity | Industrial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Intersegment Eliminations | Electricity | Other        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax (29) (26) (75) (72)
Intersegment Eliminations | Natural Gas        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Intersegment Eliminations | Natural Gas | Residential        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Intersegment Eliminations | Natural Gas | Commercial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Intersegment Eliminations | Natural Gas | Industrial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Intersegment Eliminations | Natural Gas | Other        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Intersegment Eliminations | Ameren Illinois Company        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax (18) (15) (47) (41)
Intersegment revenues (18) (15) (47) (41)
Intersegment Eliminations | Ameren Illinois Company | Residential        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Intersegment Eliminations | Ameren Illinois Company | Commercial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Intersegment Eliminations | Ameren Illinois Company | Industrial        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 0 0
Intersegment Eliminations | Ameren Illinois Company | Other        
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer, Including Assessed Tax $ (18) $ (15) $ (47) $ (41)