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Condensed Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Electric utility $ 1,039 $ 939 $ 2,624 $ 2,357
Gas utility 62 50 418 289
Other utility 11 13 35 36
Non-utility 23 22 70 60
Total revenues 1,135 1,024 3,147 2,742
Operating expenses:        
Electric production fuel and purchased power 274 207 633 478
Electric transmission service 157 148 428 403
Cost of gas sold 26 18 242 149
Other operation and maintenance 172 171 492 477
Depreciation and amortization 169 165 501 494
Taxes other than income taxes 28 26 82 78
Total operating expenses 826 735 2,378 2,079
Operating income 309 289 769 663
Other (income) and deductions:        
Interest expense 83 68 235 206
Equity income from unconsolidated investments, net (5) (13) (37) (47)
Allowance for funds used during construction (10) (7) (34) (16)
Other 0 3 0 7
Total other (income) and deductions 68 51 164 150
Income before income taxes 241 238 605 513
Income tax expense (benefit) 14 (21) 26 (66)
Net income 227 259 579 579
Preferred dividend requirements of Interstate Power and Light Company 0 3 0 8
Net income attributable to common shareowners $ 227 $ 256 $ 579 $ 571
Weighted average number of common shares outstanding:        
Basic (in shares) 251,000 250,300 250,800 250,200
Diluted (in shares) 251,300 250,800 251,100 250,600
Earnings per weighted average common share attributable to Alliant Energy common shareowners:        
Basic (in dollars per share) $ 0.90 $ 1.02 $ 2.31 $ 2.28
Diluted (in dollars per share) $ 0.90 $ 1.02 $ 2.31 $ 2.28
IPL [Member]        
Revenues:        
Electric utility $ 596 $ 555 $ 1,438 $ 1,343
Gas utility 33 31 224 165
Other utility 11 13 34 35
Total revenues 640 599 1,696 1,543
Operating expenses:        
Electric production fuel and purchased power 140 101 290 215
Electric transmission service 115 103 303 274
Cost of gas sold 14 12 126 84
Other operation and maintenance 90 95 260 253
Depreciation and amortization 95 94 285 281
Taxes other than income taxes 15 14 43 42
Total operating expenses 469 419 1,307 1,149
Operating income 171 180 389 394
Other (income) and deductions:        
Interest expense 37 34 111 103
Allowance for funds used during construction (3) (2) (8) (7)
Other (1) 0 (2) 2
Total other (income) and deductions 33 32 101 98
Income before income taxes 138 148 288 296
Income tax expense (benefit) (16) (12) (39) (34)
Net income 154 160 327 330
Preferred dividend requirements of Interstate Power and Light Company 0 3 0 8
Net income attributable to common shareowners 154 157 327 322
WPL [Member]        
Revenues:        
Electric utility 443 384 1,186 1,014
Gas utility 29 19 194 124
Other utility 0 0 1 1
Total revenues 472 403 1,381 1,139
Operating expenses:        
Electric production fuel and purchased power 134 105 343 263
Electric transmission service 42 44 125 128
Cost of gas sold 13 6 117 65
Other operation and maintenance 70 66 193 194
Depreciation and amortization 71 70 211 209
Taxes other than income taxes 11 12 35 35
Total operating expenses 341 303 1,024 894
Operating income 131 100 357 245
Other (income) and deductions:        
Interest expense 31 25 86 77
Allowance for funds used during construction (7) (5) (26) (9)
Other 0 2 0 3
Total other (income) and deductions 24 22 60 71
Income before income taxes 107 78 297 174
Income tax expense (benefit) 16 (15) 50 (41)
Net income $ 91 $ 93 $ 247 $ 215