Company: AILIM
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001002910-25-000129
Chunk: 33

Company: Ameren Illinois Co
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 2
Chunk 33
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 for sale under the ATM program by $1.25 billion to a total of $3 billion. As of September 30, 2025, Ameren had approximately $1.5 billion of common stock remaining available for sale under the ATM program. The Ameren Companies expect their equity to total capitalization and cash flow metrics to support solid investment-grade credit ratings. See Long-term Debt and Equity below and Note 4 – Long-term Debt and Equity Financings under Part I, Item 1, of this report for additional information on the ATM program and forward sale agreements relating to common stock, including those under the ATM program.

The following table presents net cash provided by (used in) operating, investing, and financing activities for the nine months ended September 30, 2025 and 2024:

Net Cash Provided ByOperating ActivitiesNet Cash Used InInvesting ActivitiesNet Cash Provided ByFinancing Activities20252024Variance20252024Variance20252024VarianceAmeren$2,397 (a)$1,946 (a)$451 $(3,112)$(3,106)$(6)$822 $1,212 $(390)Ameren Missouri1,273 997 276 (1,875)(1,932)57 678 935 (257)Ameren Illinois1,117 (a)1,067 (a)50 (1,181)(1,090)(91)92 82 10 

(a)Both Ameren and Ameren Illinois’ cash provided by operating activities included cash outflows of $85 million and $82 million for the electric energy-efficiency rider and $40 million and $20 million for the customer generation rebate program for the nine months ended September 30, 2025 and 2024, respectively.

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Cash Flows from Operating Activities

Our cash provided by operating activities is affected by fluctuations of trade accounts receivable, inventories, and accounts and wages payable, among other things, as well as the unique regulatory environment for each of our businesses. Substantially all expenditures related to fuel, purchased power, and natural gas purchased for resale are recovered from customers through rate adjustment mechanisms, which may be adjusted without a traditional regulatory rate review, subject to prudence reviews. Similar regulatory mechanisms exist for certain other operating expenses that can also affect the timing of cash provided by operating activities. The timing of cash payments for costs recoverable under our regulatory mechanisms