Company: AILIM
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001002910-25-000055
Chunk: 82

Company: Ameren Illinois Co
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 82
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 receive regulatory deferral and were included in accumulated OCI. The cash flows from our derivative financial instruments follow the cash flow classification of the hedged item.In 2024, Ameren (parent) entered into interest rate swaps to hedge a portion of our interest rate risk on cash flows related to forecasted debt issuances through 2026. The interest rate swaps are designated as cash flow hedges and the corresponding changes in fair value each period are initially recorded on the balance sheet in “Accumulated other comprehensive loss” and reclassified into earnings when the debt is issued and the corresponding interest payments affect earnings during the debt term. At December 31, 2024, Ameren had interest rate swaps with notional amounts of $140 million. The changes in fair value of the interest rate swaps were immaterial at December 31, 2024.The following table presents open gross commodity contract volumes by commodity type for derivative assets and liabilities as of December 31, 2024 and 2023. As of December 31, 2024, these contracts extended through October 2028, October 2029, and May 2032 for fuel oils, natural gas, and power, respectively.Quantity (in millions, except as indicated)20242023CommodityAmeren MissouriAmeren IllinoisAmerenAmeren MissouriAmeren IllinoisAmerenFuel oils (in gallons)23 — 23 17 — 17 Natural gas (in mmbtu)45 213 258 53 218 271 Power (in MWhs)— 4 4 — 5 5 Uranium (pounds in thousands)— — — 186 — 186 The following table presents the carrying value and balance sheet location of all derivative commodity contracts, none of which were designated as hedging instruments, as of December 31, 2024 and 2023:20242023CommodityBalance Sheet LocationAmerenMissouriAmerenIllinoisAmerenAmerenMissouriAmerenIllinoisAmerenFuel oilsOther current assets$— $— $— $2 $— $2 Other assets— — — — — — Natural gasOther current assets2 2 4 — — — Other assets2 4 6 3 3 6 PowerOther current assets6 — 6 5 —