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Condensed Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues:        
Electric utility $ 852 $ 916 $ 2,257 $ 2,350
Gas utility 42 42 253 323
Other utility 10 11 32 33
Non-utility 16 21 57 62
Total revenues 920 990 2,599 2,768
Operating expenses:        
Electric production fuel and purchased power 179 219 527 602
Electric transmission service 132 127 326 363
Cost of gas sold 11 9 117 151
Other operation and maintenance 143 174 465 527
Depreciation and amortization 156 144 454 424
Taxes other than income taxes 27 27 82 84
Total operating expenses 648 700 1,971 2,151
Operating income 272 290 628 617
Other (income) and deductions:        
Interest expense 68 68 207 204
Equity income from unconsolidated investments, net (15) (12) (46) (35)
Allowance for funds used during construction (13) (22) (51) (66)
Other 3 4 7 11
Total other (income) and deductions 43 38 117 114
Income before income taxes 229 252 511 503
Income tax expense (benefit) (20) 23 (47) 49
Net income 249 229 558 454
Preferred dividend requirements of Interstate Power and Light Company 3 3 8 8
Net income attributable to common shareowners $ 246 $ 226 $ 550 $ 446
Weighted average number of common shares outstanding:        
Basic (in shares) 249.7 239.1 247.9 237.7
Diluted (in shares) 250.0 239.9 248.1 238.2
Earnings per weighted average common share attributable to Alliant Energy common shareowners:        
Basic (in dollars per share) $ 0.99 $ 0.95 $ 2.22 $ 1.88
Diluted (in dollars per share) $ 0.98 $ 0.94 $ 2.22 $ 1.87
IPL [Member]        
Revenues:        
Electric utility $ 519 $ 561 $ 1,332 $ 1,373
Gas utility 24 25 141 188
Other utility 10 11 31 32
Total revenues 553 597 1,504 1,593
Operating expenses:        
Electric production fuel and purchased power 102 127 304 339
Electric transmission service 93 92 212 257
Cost of gas sold 6 6 63 80
Other operation and maintenance 85 100 269 306
Depreciation and amortization 89 84 264 243
Taxes other than income taxes 16 14 45 46
Total operating expenses 391 423 1,157 1,271
Operating income 162 174 347 322
Other (income) and deductions:        
Interest expense 35 32 104 93
Allowance for funds used during construction (6) (11) (21) (34)
Other 1 2 3 5
Total other (income) and deductions 30 23 86 64
Income before income taxes 132 151 261 258
Income tax expense (benefit) (19) 7 (37) 11
Net income 151 144 298 247
Preferred dividend requirements of Interstate Power and Light Company 3 3 8 8
Net income attributable to common shareowners 148 141 290 239
WPL [Member]        
Revenues:        
Electric utility 333 355 925 977
Gas utility 18 17 112 135
Other utility 0 0 1 1
Total revenues 351 372 1,038 1,113
Operating expenses:        
Electric production fuel and purchased power 78 92 223 263
Electric transmission service 39 36 114 106
Cost of gas sold 4 3 53 71
Other operation and maintenance 65 62 172 188
Depreciation and amortization 65 59 186 177
Taxes other than income taxes 11 12 35 35
Total operating expenses 262 264 783 840
Operating income 89 108 255 273
Other (income) and deductions:        
Interest expense 26 25 78 77
Allowance for funds used during construction (6) (11) (29) (31)
Other 1 1 3 4
Total other (income) and deductions 21 15 52 50
Income before income taxes 68 93 203 223
Income tax expense (benefit) (5) 17 (17) 40
Net income $ 73 $ 76 $ 220 $ 183