XML 35 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 39 $ 54
Accounts receivable, less allowance for expected credit losses 440 412
Production fuel, at weighted average cost 51 66
Gas stored underground, at weighted average cost 82 46
Materials and supplies, at weighted average cost 113 105
Regulatory assets 104 81
Other 240 123
Total current assets 1,069 887
Property, plant and equipment, net 14,987 14,336
Investments:    
ATC Holdings 338 331
Other 179 154
Total investments 517 485
Other assets:    
Regulatory assets 1,836 1,929
Deferred charges and other 144 73
Total other assets 1,980 2,002
Total assets 18,553 17,710
Current liabilities:    
Current maturities of long-term debt 633 8
Commercial paper 515 389
Accounts payable 436 377
Accrued taxes 58 67
Regulatory liabilities 186 249
Other 226 207
Total current liabilities 2,054 1,297
Long-term debt, net (excluding current portion) 6,735 6,769
Other liabilities:    
Deferred tax liabilities 1,927 1,814
Regulatory liabilities 1,085 1,057
Pension and other benefit obligations 374 511
Other 388 374
Total other liabilities 3,774 3,756
Commitments and contingencies (Note 17)
Common equity:    
Common stock 3 2
Additional paid-in capital 2,749 2,704
Retained earnings 3,250 2,994
Accumulated other comprehensive loss 0 (1)
Shares in deferred compensation trust - 383,532 and 380,542 shares at a weighted average cost of $30.59 and $28.73 per share (12) (11)
Total common equity 5,990 5,688
Cumulative preferred stock of Interstate Power and Light Company 0 200
Total equity 5,990 5,888
Total liabilities and equity 18,553 17,710
IPL [Member]    
Current assets:    
Cash and cash equivalents 34 50
Accounts receivable, less allowance for expected credit losses 241 210
Income taxes refunds receivable 8 26
Production fuel, at weighted average cost 29 48
Gas stored underground, at weighted average cost 40 20
Materials and supplies, at weighted average cost 70 63
Regulatory assets 73 52
Other 69 27
Total current assets 564 496
Property, plant and equipment, net 7,983 7,889
Other assets:    
Regulatory assets 1,370 1,431
Deferred charges and other 79 33
Total other assets 1,449 1,464
Total assets 9,996 9,849
Current liabilities:    
Current maturities of long-term debt 0 0
Commercial paper 0 0
Accounts payable 173 162
Accounts payable to associated companies 39 45
Accrued taxes 56 54
Regulatory liabilities 84 103
Accrued interest 36 34
Other 67 49
Total current liabilities 455 447
Long-term debt, net (excluding current portion) 3,643 3,345
Other liabilities:    
Deferred tax liabilities 1,083 1,035
Regulatory liabilities 607 573
Pension and other benefit obligations 127 186
Other 312 299
Total other liabilities 2,129 2,093
Commitments and contingencies (Note 17)
Common equity:    
Common stock 33 33
Additional paid-in capital 2,807 2,752
Retained earnings 929 979
Total common equity 3,769 3,764
Cumulative preferred stock of Interstate Power and Light Company 0 200
Total equity 3,769 3,964
Total liabilities and equity 9,996 9,849
WPL [Member]    
Current assets:    
Cash and cash equivalents 2 3
Accounts receivable, less allowance for expected credit losses 188 192
Production fuel, at weighted average cost 23 18
Gas stored underground, at weighted average cost 42 26
Materials and supplies, at weighted average cost 41 40
Regulatory assets 31 29
Prepaid gross receipts tax 40 42
Other 86 12
Total current assets 453 362
Property, plant and equipment, net 6,538 6,022
Other assets:    
Regulatory assets 466 498
Deferred charges and other 61 30
Total other assets 527 528
Total assets 7,518 6,912
Current liabilities:    
Current maturities of long-term debt 250 0
Commercial paper 236 257
Accounts payable 190 154
Accounts payable to associated companies 39 35
Regulatory liabilities 102 146
Other 73 82
Total current liabilities 890 674
Long-term debt, net (excluding current portion) 2,179 2,130
Other liabilities:    
Deferred tax liabilities 753 702
Regulatory liabilities 478 484
Pension and other benefit obligations 159 222
Other 236 222
Total other liabilities 1,626 1,630
Commitments and contingencies (Note 17)
Common equity:    
Common stock 66 66
Additional paid-in capital 1,704 1,459
Retained earnings 1,053 953
Total common equity 2,823 2,478
Total equity 2,823 2,478
Total liabilities and equity $ 7,518 $ 6,912