v3.25.2
Receivables (Tables)
 6 Months Ended
Jun. 30, 2025
Receivables [Line Items]  
Maximum And Average Outstanding Cash Proceeds IPL’s maximum and average outstanding aggregate cash proceeds (based on daily outstanding balances) related to the sales of accounts receivable program for the three and six months ended June 30 were as follows (in millions):
Three MonthsSix Months
2025202420252024
Maximum outstanding aggregate cash proceeds$110$110$110$110
Average outstanding aggregate cash proceeds60738448
Attributes of Receivables Sold Under the Receivables Agreement
The attributes of IPL’s receivables sold under the Receivables Agreement were as follows (in millions):
June 30, 2025December 31, 2024
Customer accounts receivable$135$137
Unbilled utility revenues114108
Receivables sold to third party249245
Less: cash proceeds170
Deferred proceeds248175
Less: allowance for expected credit losses1312
Fair value of deferred proceeds$235$163
Additional Attributes Of Receivables Sold Under The Receivables Agreement Additional attributes of IPL’s receivables sold under the Receivables Agreement for the three and six months ended June 30 were as follows (in millions):
Three MonthsSix Months
2025202420252024
Collections$445$456$1,052$1,013
Write-offs, net of recoveries2245
IPL [Member]  
Receivables [Line Items]  
Maximum And Average Outstanding Cash Proceeds IPL’s maximum and average outstanding aggregate cash proceeds (based on daily outstanding balances) related to the sales of accounts receivable program for the three and six months ended June 30 were as follows (in millions):
Three MonthsSix Months
2025202420252024
Maximum outstanding aggregate cash proceeds$110$110$110$110
Average outstanding aggregate cash proceeds60738448
Attributes of Receivables Sold Under the Receivables Agreement
The attributes of IPL’s receivables sold under the Receivables Agreement were as follows (in millions):
June 30, 2025December 31, 2024
Customer accounts receivable$135$137
Unbilled utility revenues114108
Receivables sold to third party249245
Less: cash proceeds170
Deferred proceeds248175
Less: allowance for expected credit losses1312
Fair value of deferred proceeds$235$163
Additional Attributes Of Receivables Sold Under The Receivables Agreement Additional attributes of IPL’s receivables sold under the Receivables Agreement for the three and six months ended June 30 were as follows (in millions):
Three MonthsSix Months
2025202420252024
Collections$445$456$1,052$1,013
Write-offs, net of recoveries2245