Company: AILIM
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001002910-25-000055
Chunk: 264

Company: Ameren Illinois Co
Filing Date: 2025-02-18
Form: 10-K
Item: Item 7
Chunk 264
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Ameren Illinois Natural GasOther/Intersegment EliminationsAmeren Illinois Electric DistributionAmeren Transmission

Taxes other than income taxes increased $25 million in 2024, compared with 2023, primarily because of an increase of $7 million and $2 million at Ameren Missouri and Ameren Illinois Electric Distribution, respectively, due to the absence in 2024 of employee retention tax credits received under the Coronavirus Aid, Relief, and Economic Security Act; a $9 million increase at Ameren Illinois Natural Gas due to an increase in excise taxes, primarily resulting from higher invested capital taxes; and a $3 million increase in gross receipts taxes at Ameren Missouri, primarily due to increased retail electric sales.

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Table of Contents

Other Income, Net

Total by SegmentIncrease (Decrease) by SegmentOverall Ameren Increase of $69 Million

Ameren MissouriAmeren Illinois Natural GasOther/Intersegment EliminationsAmeren Illinois Electric DistributionAmeren Transmission

See Note 6 – Other Income, Net under Part II, Item 8, of this report for additional information. See Note 5 – Long-term Debt and Equity Financings and Note 10 – Retirement Benefits under Part II, Item 8, for additional information on the debt extinguishment and the non-service cost components of net periodic benefit income.

Ameren 

Other income, net, increased $69 million in 2024, compared with 2023. In addition to changes discussed below, other income, net, increased $14 million for activity not reported as part of a segment, primarily due to lower charitable contributions of $18 million at Ameren (parent) and a gain of $16 million for Ameren (parent)’s repurchase of senior secured notes and first mortgage bonds issued by Ameren Missouri and first mortgage bonds issued by Ameren Illinois. These increases were partially offset by a decrease of $13 million due to the non-service cost component of net periodic benefit income for activity not reported as part of a segment and $7 million in intersegment eliminations.

Ameren Transmission

Other income, net, decreased $2 million in 2024, compared with 2023 due to a decrease of $5 million in lower allowance for equity funds used during construction, primarily related to lower average construction work in progress balances and a decrease of $2 million in the non-service cost component of net periodic benefit income. These