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Condensed Parent Company Financial Statements (Tables)
 12 Months Ended
Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Condensed Statements of Income
ALLIANT ENERGY CORPORATION (Parent Company Only)
CONDENSED STATEMENTS OF INCOME
 
Year Ended December 31,
 
2015
 
2014
 
2013
 
(in millions)
Operating revenues

$2

 

$2

 

$2

Operating expenses
3

 
3

 
1

Operating income (loss)
(1
)
 
(1
)
 
1

Interest expense and other:
 
 
 
 
 
Equity earnings from consolidated subsidiaries
(379
)
 
(388
)
 
(361
)
Interest expense
3

 
9

 
11

Interest income
(3
)
 
(2
)
 
(2
)
Total interest expense and other
(379
)
 
(381
)
 
(352
)
Income before income taxes
378

 
380

 
353

Income tax benefit
(1
)
 
(3
)
 
(5
)
Net income

$379

 

$383

 

$358


The accompanying Notes to Condensed Financial Statements are an integral part of these statements.
Condensed Balance Sheets
ALLIANT ENERGY CORPORATION (Parent Company Only)
CONDENSED BALANCE SHEETS
 
December 31,
 
2015
 
2014
 
(in millions)
ASSETS
 
 
 
Current assets:
 
 
 
Notes receivable from affiliated companies

$93

 

$95

Other
9

 
25

Total current assets
102

 
120

Investments:
 
 
 
Investments in consolidated subsidiaries
3,999

 
3,721

Other
14

 
15

Total investments
4,013

 
3,736

Other assets
20

 
10

Total assets

$4,135

 

$3,866

LIABILITIES AND EQUITY
 
 
 
Current liabilities:
 
 
 
Current maturities of long-term debt

$250

 

$—

Commercial paper
140

 
141

Other
12

 
29

Total current liabilities
402

 
170

Long-term debt, net (excluding current portion)
—

 
250

Other liabilities
12

 
11

Common equity:
 
 
 
Common stock and additional paid-in capital
1,664

 
1,510

Retained earnings
2,066

 
1,934

Shares in deferred compensation trust
(9
)
 
(9
)
Total common equity
3,721

 
3,435

Total liabilities and equity

$4,135

 

$3,866


The accompanying Notes to Condensed Financial Statements are an integral part of these statements.
Condensed Statements of Cash Flows
ALLIANT ENERGY CORPORATION (Parent Company Only)
CONDENSED STATEMENTS OF CASH FLOWS

Year Ended December 31,

2015

2014

2013

(in millions)
Net cash flows from operating activities

$262



$246



$238

Cash flows used for investing activities:








Capital contributions to consolidated subsidiaries
(165
)

(90
)

(120
)
Capital repayments from consolidated subsidiaries
—


50


95

Net change in notes receivable from affiliates
2

 
(23
)
 
5

Other
—


—


(2
)
Net cash flows used for investing activities
(163
)

(63
)

(22
)
Cash flows used for financing activities:








Common stock dividends
(247
)

(226
)

(208
)
Proceeds from issuance of common stock, net
151

 
—

 
—

Proceeds from issuance of long-term debt
—

 
250

 
—

Payments to retire long-term debt
—

 
(250
)
 
—

Net change in commercial paper
(1
)

45


(9
)
Other
(2
)

(2
)

1

Net cash flows used for financing activities
(99
)

(183
)

(216
)
Net decrease in cash and cash equivalents
—


—


—

Cash and cash equivalents at beginning of period
—


—


—

Cash and cash equivalents at end of period

$—



$—



$—

Supplemental cash flows information:








Cash paid during the period for:








Interest, net of capitalized interest

($3
)


($11
)


($13
)
Income taxes, net
(9
)

(5
)

(7
)
The accompanying Notes to Condensed Financial Statements are an integral part of these statements.