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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 189 $ 16
Accounts receivable, less allowance for expected credit losses 399 402
Production fuel, at weighted average cost 62 78
Gas stored underground, at weighted average cost 48 49
Materials and supplies, at weighted average cost 113 100
Regulatory assets 74 87
Prepaid gross receipts tax 30 42
Other 118 102
Total current assets 1,033 876
Property, plant and equipment, net 14,199 13,527
Investments:    
ATC Holdings 328 320
Other 150 148
Total investments 478 468
Other assets:    
Regulatory assets 1,762 1,758
Deferred charges and other 68 72
Total other assets 1,830 1,830
Total assets 17,540 16,701
Current liabilities:    
Current maturities of long-term debt 7 657
Commercial paper 422 337
Accounts payable 417 422
Regulatory liabilities 163 212
Other 286 426
Total current liabilities 1,295 2,054
Long-term debt, net (excluding current portion) 6,574 5,533
Other liabilities:    
Deferred tax liabilities 1,803 1,714
Regulatory liabilities 1,188 1,212
Pension and other benefit obligations 423 484
Other 348 299
Total other liabilities 3,762 3,709
Commitments and contingencies (Note 13)
Common equity:    
Common stock 2 2
Additional paid-in capital 2,693 2,446
Retained earnings 3,026 2,766
Accumulated other comprehensive income (loss) (1) 1
Shares in deferred compensation trust - 374,246 and 381,232 shares at a weighted average cost of $28.28 and $26.24 per share (11) (10)
Total common equity 5,709 5,205
Cumulative preferred stock of Interstate Power and Light Company 200 200
Total equity 5,909 5,405
Total liabilities and equity 17,540 16,701
IPL [Member]    
Current assets:    
Cash and cash equivalents 185 9
Accounts receivable, less allowance for expected credit losses 219 203
Production fuel, at weighted average cost 45 47
Gas stored underground, at weighted average cost 21 22
Materials and supplies, at weighted average cost 63 55
Regulatory assets 52 44
Other 53 29
Total current assets 638 409
Property, plant and equipment, net 7,818 7,481
Other assets:    
Regulatory assets 1,366 1,356
Deferred charges and other 36 31
Total other assets 1,402 1,387
Total assets 9,858 9,277
Current liabilities:    
Current maturities of long-term debt 0 200
Accounts payable 231 207
Regulatory liabilities 117 116
Other 198 307
Total current liabilities 546 830
Long-term debt, net (excluding current portion) 3,344 2,947
Other liabilities:    
Deferred tax liabilities 1,028 1,008
Regulatory liabilities 574 599
Pension and other benefit obligations 149 168
Other 287 253
Total other liabilities 2,038 2,028
Commitments and contingencies (Note 13)
Common equity:    
Common stock 33 33
Additional paid-in capital 2,693 2,348
Retained earnings 1,004 891
Total common equity 3,730 3,272
Cumulative preferred stock of Interstate Power and Light Company 200 200
Total equity 3,930 3,472
Total liabilities and equity 9,858 9,277
WPL [Member]    
Current assets:    
Cash and cash equivalents 2 4
Accounts receivable, less allowance for expected credit losses 170 191
Production fuel, at weighted average cost 17 31
Gas stored underground, at weighted average cost 27 27
Materials and supplies, at weighted average cost 48 43
Regulatory assets 22 43
Prepaid gross receipts tax 30 42
Other 22 62
Total current assets 338 443
Property, plant and equipment, net 5,977 5,638
Other assets:    
Regulatory assets 396 402
Deferred charges and other 33 24
Total other assets 429 426
Total assets 6,744 6,507
Current liabilities:    
Current maturities of long-term debt 0 150
Commercial paper 139 168
Accounts payable 126 160
Regulatory liabilities 46 96
Other 117 116
Total current liabilities 428 690
Long-term debt, net (excluding current portion) 2,130 1,783
Other liabilities:    
Deferred tax liabilities 696 626
Regulatory liabilities 614 613
Finance lease obligations - Sheboygan Falls Energy Facility 44 51
Pension and other benefit obligations 189 211
Other 161 169
Total other liabilities 1,704 1,670
Commitments and contingencies (Note 13)
Common equity:    
Common stock 66 66
Additional paid-in capital 1,459 1,434
Retained earnings 957 864
Total common equity 2,482 2,364
Total equity 2,482 2,364
Total liabilities and equity $ 6,744 $ 6,507