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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 344 $ 39
Accounts receivable, less allowance for expected credit losses 509 440
Production fuel, at weighted average cost 49 51
Gas stored underground, at weighted average cost 124 82
Materials and supplies, at weighted average cost 126 113
Regulatory assets 177 104
Other 364 240
Total current assets 1,693 1,069
Property, plant and equipment, net 15,858 14,987
Investments:    
ATC Holdings 351 338
Other 200 179
Total investments 551 517
Other assets:    
Regulatory assets 1,864 1,836
Deferred charges and other 239 144
Total other assets 2,103 1,980
Total assets 20,205 18,553
Current liabilities:    
Current maturities of long-term debt 658 633
Commercial paper 383 515
Accounts payable 786 436
Accrued taxes 86 58
Regulatory liabilities 229 186
Other 280 226
Total current liabilities 2,422 2,054
Long-term debt, net (excluding current portion) 7,570 6,735
Other liabilities:    
Deferred tax liabilities 1,919 1,927
Regulatory liabilities 1,158 1,085
Pension and other benefit obligations 349 374
Other 522 388
Total other liabilities 3,948 3,774
Commitments and contingencies (Note 13)
Common equity:    
Common stock 3 3
Additional paid-in capital 2,767 2,749
Retained earnings 3,508 3,250
Shares in deferred compensation trust - 395,224 and 383,532 shares at a weighted average cost of $32.23 and $30.59 per share (13) (12)
Total common equity 6,265 5,990
Total liabilities and equity 20,205 18,553
IPL [Member]    
Current assets:    
Cash and cash equivalents 45 34
Accounts receivable, less allowance for expected credit losses 286 241
Income tax refunds receivable 1 8
Production fuel, at weighted average cost 31 29
Gas stored underground, at weighted average cost 66 40
Materials and supplies, at weighted average cost 77 70
Regulatory assets 108 73
Other 134 69
Total current assets 748 564
Property, plant and equipment, net 8,013 7,983
Other assets:    
Regulatory assets 1,315 1,370
Deferred charges and other 132 79
Total other assets 1,447 1,449
Total assets 10,208 9,996
Current liabilities:    
Accounts payable 232 173
Accounts payable to associated companies 37 39
Accrued taxes 69 56
Accrued interest 35 36
Regulatory liabilities 105 84
Other 112 67
Total current liabilities 590 455
Long-term debt, net (excluding current portion) 3,645 3,643
Other liabilities:    
Deferred tax liabilities 1,029 1,083
Regulatory liabilities 656 607
Pension and other benefit obligations 118 127
Other 314 312
Total other liabilities 2,117 2,129
Commitments and contingencies (Note 13)
Common equity:    
Common stock 33 33
Additional paid-in capital 2,807 2,807
Retained earnings 1,016 929
Total common equity 3,856 3,769
Total liabilities and equity 10,208 9,996
WPL [Member]    
Current assets:    
Cash and cash equivalents 299 2
Accounts receivable, less allowance for expected credit losses 211 188
Production fuel, at weighted average cost 18 23
Gas stored underground, at weighted average cost 58 42
Materials and supplies, at weighted average cost 47 41
Regulatory assets 69 31
Prepaid gross receipts tax 31 40
Other 130 86
Total current assets 863 453
Property, plant and equipment, net 7,371 6,538
Other assets:    
Regulatory assets 549 466
Deferred charges and other 115 61
Total other assets 664 527
Total assets 8,898 7,518
Current liabilities:    
Current maturities of long-term debt 250 250
Commercial paper 0 236
Accounts payable 470 190
Accounts payable to associated companies 51 39
Regulatory liabilities 124 102
Other 93 73
Total current liabilities 988 890
Long-term debt, net (excluding current portion) 2,769 2,179
Other liabilities:    
Deferred tax liabilities 783 753
Regulatory liabilities 502 478
Pension and other benefit obligations 148 159
Other 352 236
Total other liabilities 1,785 1,626
Commitments and contingencies (Note 13)
Common equity:    
Common stock 66 66
Additional paid-in capital 2,123 1,704
Retained earnings 1,167 1,053
Total common equity 3,356 2,823
Total liabilities and equity $ 8,898 $ 7,518