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Condensed Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Electric utility $ 717 $ 675 $ 1,418 $ 1,405
Gas utility 69 59 239 211
Other utility 10 10 23 22
Non-utility 21 19 38 41
Total revenues 817 763 1,718 1,679
Operating expenses:        
Electric production fuel and purchased power 138 164 271 348
Electric transmission service 121 72 255 194
Cost of gas sold 31 21 131 106
Other operation and maintenance 160 159 306 322
Depreciation and amortization 165 152 329 298
Taxes other than income taxes 26 27 52 55
Total operating expenses 641 595 1,344 1,323
Operating income 176 168 374 356
Other (income) and deductions:        
Interest expense 69 70 138 139
Equity income from unconsolidated investments, net (19) (18) (34) (31)
Allowance for funds used during construction (5) (15) (9) (38)
Other 2 3 4 4
Total other (income) and deductions 47 40 99 74
Income before income taxes 129 128 275 282
Income tax benefit (17) (8) (45) (27)
Net income 146 136 320 309
Preferred dividend requirements of Interstate Power and Light Company 2 2 5 5
Net income attributable to common shareowners $ 144 $ 134 $ 315 $ 304
Weighted average number of common shares outstanding:        
Basic (in shares) 250.2 249.6 250.1 247.0
Diluted (in shares) 250.6 249.8 250.5 247.2
Earnings per weighted average common share attributable to Alliant Energy common shareowners:        
Basic (in dollars per share) $ 0.58 $ 0.54 $ 1.26 $ 1.23
Diluted (in dollars per share) $ 0.57 $ 0.54 $ 1.26 $ 1.23
IPL [Member]        
Revenues:        
Electric utility $ 402 $ 388 $ 788 $ 813
Gas utility 43 34 134 117
Other utility 10 10 22 21
Total revenues 455 432 944 951
Operating expenses:        
Electric production fuel and purchased power 55 96 114 202
Electric transmission service 79 35 171 119
Cost of gas sold 22 13 72 57
Other operation and maintenance 81 97 158 184
Depreciation and amortization 93 89 187 175
Taxes other than income taxes 14 14 28 29
Total operating expenses 344 344 730 766
Operating income 111 88 214 185
Other (income) and deductions:        
Interest expense 34 35 69 69
Allowance for funds used during construction (3) (5) (5) (15)
Other 2 0 2 2
Total other (income) and deductions 33 30 66 56
Income before income taxes 78 58 148 129
Income tax benefit (10) (4) (22) (18)
Net income 88 62 170 147
Preferred dividend requirements of Interstate Power and Light Company 2 2 5 5
Net income attributable to common shareowners 86 60 165 142
WPL [Member]        
Revenues:        
Electric utility 315 287 630 592
Gas utility 26 25 105 94
Other utility 0 0 1 1
Total revenues 341 312 736 687
Operating expenses:        
Electric production fuel and purchased power 84 67 158 145
Electric transmission service 42 37 84 75
Cost of gas sold 9 8 59 49
Other operation and maintenance 69 53 128 107
Depreciation and amortization 70 62 139 121
Taxes other than income taxes 12 13 23 24
Total operating expenses 286 240 591 521
Operating income 55 72 145 166
Other (income) and deductions:        
Interest expense 26 27 52 52
Allowance for funds used during construction (2) (10) (4) (23)
Other 0 2 1 2
Total other (income) and deductions 24 19 49 31
Income before income taxes 31 53 96 135
Income tax benefit (7) (5) (26) (12)
Net income $ 38 $ 58 $ 122 $ 147