Company: AILIM
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001002910-25-000098
Chunk: 78

Company: Ameren Illinois Co
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 1
Chunk 78
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 Total Ameren Illinois$— $17 $70 $87 $1 $28 $59 $88 AmerenDerivative liabilities – commodity contracts(b)$3 $25 $71 $99 $5 $39 $59 $103 (a)Balance excludes $8 million and $9 million of cash and cash equivalents, receivables, payables, and accrued income, net, for March 31, 2025, and December 31, 2024, respectively.(b)See the Ameren Missouri and Ameren Illinois sections of the table for a breakout of the fair value of Ameren’s derivative assets and liabilities by type of commodity.(c)See the Ameren Missouri section of the table for a breakout of the fair value of Ameren’s nuclear decommissioning trust fund by investment type.Level 3 fuel oils 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 months ended March 31, 2025 and 2024:20252024Ameren MissouriAmeren IllinoisAmerenAmeren MissouriAmeren IllinoisAmerenFor the three months ended March 31:Beginning balance at January 1$6 $(53)$(47)$4 $(68)$(64)Realized and unrealized gains/(losses) included in regulatory assets/liabilities2 (16)(14)(1)10 9 Settlements(3)2 (1)(1)4 3 Ending balance at March 31$5 $(67)$(62)$2 $(54)$(52)Change in unrealized gains/(losses) related to assets/liabilities held at March 31$2 $(16)$(14)$— $11 $11 All gains or losses related to our Level 3 derivative commodity contracts are expected to be recovered or returned through customer rates; therefore, there is no impact to either net income or other comprehensive income resulting from changes in the fair value of these instruments.The following table describes the valuation techniques and significant unobservable inputs utilized for the fair value of our Level 3 power derivative contract assets and liabilities as of March 31, 2025, and December 31, 2024:Fair Value