XML 47 R5.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income $ 381.7 $ 388.4 $ 393.3
Adjustments to reconcile net income to net cash flows from operating activities:      
Depreciation and amortization 411.6 401.3 388.1
Other amortizations (4.8) 12.4 54.2
Deferred tax expense (benefit) and tax credits 84.6 114.2 55.2
Equity (income) loss from unconsolidated investments, net (39.6) (33.8) (40.4)
Distributions from equity method investments 28.3 30.6 36.4
Equity component of allowance for funds used during construction (42.3) (24.4) (23.1)
Asset valuation charges for Franklin County wind farm 86.4 0.0 0.0
Other 0.8 15.7 2.0
Other changes in assets and liabilities:      
Accounts receivable (121.4) 36.8 48.7
Sales of accounts receivable 16.0 (17.0) (7.0)
Regulatory assets (3.6) (104.5) (439.8)
Regulatory liabilities (63.0) (67.8) 10.8
Deferred income taxes 102.4 94.6 138.4
Pension and other benefit obligations 38.1 30.1 215.1
Other (15.6) (5.4) 59.7
Net cash flows from operating activities 859.6 871.2 891.6
Cash flows from (used for) investing activities:      
Utility business construction and acquisition expenditures (1,142.7) (963.6) (838.9)
Alliant Energy Corporate Services, Inc. and non-regulated businesses construction and acquisition expenditures (54.1) (70.7) (63.9)
Proceeds from Minnesota electric and natural gas distribution asset sales 0.0 139.9 0.0
Other 10.3 (24.8) (14.9)
Net cash flows from (used for) investing activities (1,186.5) (919.2) (917.7)
Cash flows from (used for) financing activities:      
Common stock dividends (266.5) (247.3) (225.8)
Proceeds from issuance of common stock, net 26.6 151.2 [1] 0.0
Proceeds from issuance of long-term debt 800.0 250.7 812.9
Payments to retire long-term debt (313.4) (183.0) (358.5)
Net change in commercial paper 84.3 18.5 (138.1)
Other (1.7) 6.8 (17.3)
Net cash flows from (used for) financing activities 329.3 (3.1) 73.2
Net increase (decrease) in cash and cash equivalents 2.4 (51.1) 47.1
Cash and cash equivalents at beginning of period 5.8 56.9 9.8
Cash and cash equivalents at end of period 8.2 5.8 56.9
Supplemental cash flows information:      
Interest, net of capitalized interest (192.4) (184.8) (180.8)
Income taxes, net (9.8) 0.0 5.3
Significant non-cash investing and financing activities:      
Accrued capital expenditures 154.4 148.3 160.3
IPL [Member]      
Cash flows from operating activities:      
Net income 225.8 196.2 191.8
Adjustments to reconcile net income to net cash flows from operating activities:      
Depreciation and amortization 210.8 207.2 197.5
Deferred tax expense (benefit) and tax credits 35.6 28.9 (11.5)
Equity component of allowance for funds used during construction (35.2) (18.6) (17.1)
Other 2.9 19.5 11.3
Other changes in assets and liabilities:      
Accounts receivable (59.7) 20.4 43.3
Sales of accounts receivable 16.0 (17.0) (7.0)
Regulatory assets (54.7) (76.3) (272.9)
Accounts payable 8.0 (42.7) 18.8
Regulatory liabilities (67.3) (75.5) (18.9)
Deferred income taxes 97.7 82.1 140.4
Pension and other benefit obligations 13.1 17.8 93.8
Other (31.1) 43.0 36.6
Net cash flows from operating activities 361.9 385.0 406.1
Cash flows from (used for) investing activities:      
Utility business construction and acquisition expenditures (689.7) (619.3) (526.0)
Proceeds from Minnesota electric and natural gas distribution asset sales 0.0 139.9 0.0
Other (3.9) (32.5) (26.7)
Net cash flows from (used for) investing activities (693.6) (511.9) (552.7)
Cash flows from (used for) financing activities:      
Common stock dividends (151.9) (140.0) (140.0)
Capital contributions from parent 190.0 165.0 90.0
Proceeds from issuance of long-term debt 300.0 250.0 250.0
Payments to retire long-term debt 0.0 (150.0) (38.4)
Other (7.6) 1.1 (14.1)
Net cash flows from (used for) financing activities 330.5 126.1 147.5
Net increase (decrease) in cash and cash equivalents (1.2) (0.8) 0.9
Cash and cash equivalents at beginning of period 4.5 5.3 4.4
Cash and cash equivalents at end of period 3.3 4.5 5.3
Supplemental cash flows information:      
Interest, net of capitalized interest (99.7) (93.9) (89.8)
Income taxes, net (11.1) 19.3 20.1
Significant non-cash investing and financing activities:      
Accrued capital expenditures 53.8 77.0 113.2
WPL [Member]      
Cash flows from operating activities:      
Net income 192.8 177.6 181.1
Adjustments to reconcile net income to net cash flows from operating activities:      
Depreciation and amortization 192.5 184.3 181.2
Other amortizations (8.7) 5.3 47.3
Deferred tax expense (benefit) and tax credits 114.5 77.6 82.6
Equity (income) loss from unconsolidated investments, net (39.8) (35.1) (42.8)
Distributions from equity method investments 28.3 30.6 36.4
Other (6.3) (5.7) (7.2)
Other changes in assets and liabilities:      
Accounts receivable (47.6) 3.7 2.2
Regulatory assets 51.1 (28.2) (166.9)
Pension and other benefit obligations 19.1 8.3 92.0
Other 25.5 31.4 18.5
Net cash flows from operating activities 521.4 449.8 424.4
Cash flows from (used for) investing activities:      
Utility business construction and acquisition expenditures (453.0) (344.3) (312.9)
Other (25.9) (13.9) (7.2)
Net cash flows from (used for) investing activities (478.9) (358.2) (320.1)
Cash flows from (used for) financing activities:      
Common stock dividends (135.0) (126.9) (118.7)
Capital contributions from parent 60.0 0.0 0.0
Proceeds from issuance of long-term debt 0.0 0.0 250.0
Net change in commercial paper 32.4 19.9 (183.7)
Other 3.9 (30.9) (5.7)
Net cash flows from (used for) financing activities (38.7) (137.9) (58.1)
Net increase (decrease) in cash and cash equivalents 3.8 (46.3) 46.2
Cash and cash equivalents at beginning of period 0.4 46.7 0.5
Cash and cash equivalents at end of period 4.2 0.4 46.7
Supplemental cash flows information:      
Interest, net of capitalized interest (91.5) (93.1) (84.6)
Income taxes, net 27.8 (7.4) (12.2)
Significant non-cash investing and financing activities:      
Accrued capital expenditures 93.1 55.2 38.4
Transfer of investment in ATC and tax liability to ATI $ (163.6) $ 0.0 $ 0.0
[1] Amounts reflect the effects of a two-for-one common stock split distributed in May 2016.