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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 206 $ 20
Accounts receivable, less allowance for expected credit losses 486 516
Production fuel, at weighted average cost 44 53
Gas stored underground, at weighted average cost 87 132
Materials and supplies, at weighted average cost 196 140
Regulatory assets 179 166
Other 174 223
Total current assets 1,372 1,250
Property, plant and equipment, net 16,633 16,247
Investments:    
ATC Holdings 380 358
Other 214 201
Total investments 594 559
Other assets:    
Regulatory assets 2,090 1,880
Deferred charges and other 215 227
Total other assets 2,305 2,107
Total assets 20,904 20,163
Current liabilities:    
Current maturities of long-term debt 409 408
Commercial paper 451 642
Other short-term borrowings 50 0
Accounts payable 604 756
Regulatory liabilities 92 206
Other 329 351
Total current liabilities 1,935 2,363
Long-term debt, net (excluding current portion) 8,429 7,668
Other liabilities:    
Deferred tax liabilities 1,913 1,943
Regulatory liabilities 1,095 1,118
Pension and other benefit obligations 262 277
Other 544 518
Total other liabilities 3,814 3,856
Commitments and contingencies (Note 13)
Common equity:    
Common stock 3 3
Additional paid-in capital 2,982 2,777
Retained earnings 3,750 3,509
Accumulated other comprehensive income 4 0
Shares in deferred compensation trust - 393,781 and 402,134 shares at a weighted average cost of $34.13 and $32.63 per share (13) (13)
Total common equity 6,726 6,276
Total liabilities and equity 20,904 20,163
IPL [Member]    
Current assets:    
Cash and cash equivalents 188 15
Accounts receivable, less allowance for expected credit losses 258 259
Production fuel, at weighted average cost 22 23
Gas stored underground, at weighted average cost 40 60
Materials and supplies, at weighted average cost 111 83
Regulatory assets 86 85
Other 70 93
Total current assets 775 618
Property, plant and equipment, net 8,042 8,046
Other assets:    
Regulatory assets 1,504 1,301
Deferred charges and other 106 110
Total other assets 1,610 1,411
Total assets 10,427 10,075
Current liabilities:    
Accounts payable 255 239
Accounts payable to associated companies 59 28
Accrued taxes 68 52
Accrued interest 41 35
Regulatory liabilities 63 114
Other 84 113
Total current liabilities 570 581
Long-term debt, net (excluding current portion) 3,944 3,646
Other liabilities:    
Deferred tax liabilities 987 1,047
Regulatory liabilities 592 640
Pension and other benefit obligations 59 62
Other 286 291
Total other liabilities 1,924 2,040
Commitments and contingencies (Note 13)
Common equity:    
Common stock 33 33
Additional paid-in capital 2,867 2,807
Retained earnings 1,089 968
Total common equity 3,989 3,808
Total liabilities and equity 10,427 10,075
WPL [Member]    
Current assets:    
Cash and cash equivalents 16 5
Accounts receivable, less allowance for expected credit losses 214 244
Production fuel, at weighted average cost 21 29
Gas stored underground, at weighted average cost 47 73
Materials and supplies, at weighted average cost 82 54
Regulatory assets 93 81
Prepaid gross receipts tax 36 42
Other 50 60
Total current assets 559 588
Property, plant and equipment, net 8,085 7,722
Other assets:    
Regulatory assets 586 579
Deferred charges and other 71 98
Total other assets 657 677
Total assets 9,301 8,987
Current liabilities:    
Commercial paper 120 290
Accounts payable 281 456
Regulatory liabilities 29 92
Other 117 111
Total current liabilities 547 949
Long-term debt, net (excluding current portion) 3,069 2,770
Other liabilities:    
Deferred tax liabilities 796 789
Regulatory liabilities 503 478
Pension and other benefit obligations 128 140
Other 393 370
Total other liabilities 1,820 1,777
Commitments and contingencies (Note 13)
Common equity:    
Common stock 66 66
Additional paid-in capital 2,478 2,233
Retained earnings 1,321 1,192
Total common equity 3,865 3,491
Total liabilities and equity $ 9,301 $ 8,987