Company: AILIM
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001002910-25-000112
Chunk: 87

Company: Ameren Illinois Co
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 1
Chunk 87
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 a portion of its interest rate risk on cash flows related to certain forecasted debt issuances to occur in 2026 and 2027. 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. As of June 30, 2025, and December 31, 2024, Ameren had interest rate swaps with notional amounts of $490 million and $140 million respectively. Ameren recorded an unrealized loss, net of income tax benefits, on the change in fair value of interest rate swaps of $2 million and $6 million to "Accumulated other comprehensive loss" for the three and six months ended June 30, 2025.The following table presents open gross commodity contract volumes by commodity type for derivative assets and liabilities as of June 30, 2025, and December 31, 2024. As of June 30, 2025, these contracts extended through October 2028, October 2030 and May 2032 for fuel oils, natural gas, and power, respectively.Quantity (in millions, except as indicated)June 30, 2025December 31, 2024CommodityAmeren MissouriAmeren IllinoisAmerenAmeren MissouriAmeren IllinoisAmerenFuel oils (in gallons)24 — 24 23 — 23 Natural gas (in mmbtu)44 223 267 45 213 258 Power (in MWhs)— 4 4 — 4 4 The following table presents the carrying value and balance sheet location of all derivative commodity contracts, none of which were designated as hedging instruments because all qualify for regulatory deferral, as of June 30, 2025, and December 31, 2024:June 30, 2025December 31, 2024Balance Sheet LocationAmerenMissouriAmerenIllinoisAmerenAmerenMissouriAmerenIllinoisAmerenNatural gasOther current assets2 4 6 2 2 4 Other assets2 8 10 2 4 6 PowerOther current assets13 — 13 6 — 6 Total assets$17 $