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Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Electric utility $ 3,081 $ 2,920 $ 3,064
Gas utility 456 373 455
Other utility 49 49 46
Non-utility 83 74 83
Total revenues 3,669 3,416 3,648
Operating expenses:      
Electric production fuel and purchased power 642 652 777
Electric transmission service 537 449 481
Cost of gas sold 258 182 222
Other operation and maintenance 676 670 712
Depreciation and amortization 657 615 567
Taxes other than income taxes 104 108 111
Total operating expenses 2,874 2,676 2,870
Operating income (loss) 795 740 778
Other (income) and deductions:      
Interest expense 277 275 273
Equity income from unconsolidated investments, net (62) (61) (53)
Allowance for funds used during construction (25) (55) (93)
Other 5 14 15
Total other (income) and deductions 195 173 142
Income before income taxes 600 567 636
Income tax expense (benefit) (74) (57) 69
Net income 674 624 567
Preferred dividend requirements of Interstate Power and Light Company 15 10 10
Net income attributable to common shareowners $ 659 $ 614 $ 557
Weighted average number of common shares outstanding:      
Basic (in shares) 250.2 248.4 238.5
Diluted (in shares) 250.7 248.7 239.0
Earnings per weighted average common share attributable to Alliant Energy common shareowners:      
Basic (in dollars per share) $ 2.63 $ 2.47 $ 2.34
Diluted (in dollars per share) $ 2.63 $ 2.47 $ 2.33
IPL [Member]      
Revenues:      
Electric utility $ 1,752 $ 1,695 $ 1,781
Gas utility 265 208 264
Other utility 46 44 44
Total revenues 2,063 1,947 2,089
Operating expenses:      
Electric production fuel and purchased power 295 352 435
Electric transmission service 367 298 340
Cost of gas sold 149 99 120
Other operation and maintenance 362 375 404
Depreciation and amortization 375 356 327
Taxes other than income taxes 55 57 60
Total operating expenses 1,603 1,537 1,686
Operating income (loss) 460 410 403
Other (income) and deductions:      
Interest expense 139 139 127
Allowance for funds used during construction (9) (24) (50)
Other 1 8 8
Total other (income) and deductions 131 123 85
Income before income taxes 329 287 318
Income tax expense (benefit) (36) (47) 24
Net income 365 334 294
Preferred dividend requirements of Interstate Power and Light Company 15 10 10
Net income attributable to common shareowners 350 324 284
WPL [Member]      
Revenues:      
Electric utility 1,329 1,225 1,283
Gas utility 191 165 191
Other utility 3 5 2
Total revenues 1,523 1,395 1,476
Operating expenses:      
Electric production fuel and purchased power 347 300 342
Electric transmission service 170 151 141
Cost of gas sold 109 83 102
Other operation and maintenance 268 254 261
Depreciation and amortization 276 254 236
Taxes other than income taxes 45 47 47
Total operating expenses 1,215 1,089 1,129
Operating income (loss) 308 306 347
Other (income) and deductions:      
Interest expense 105 104 102
Allowance for funds used during construction (16) (31) (43)
Other 2 3 6
Total other (income) and deductions 91 76 65
Income before income taxes 217 230 282
Income tax expense (benefit) (51) (19) 49
Net income $ 268 $ 249 $ 233