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Segments Of Business
12 Months Ended
Dec. 31, 2012
Segment Reporting Information [Line Items]  
Segments Of Business
SEGMENTS OF BUSINESS
Alliant Energy - Alliant Energy’s principal businesses as of December 31, 2012 are:
Utility - includes the operations of IPL and WPL, which serve customers in Iowa, Wisconsin and Minnesota. The utility business has three reportable segments: a) utility electric operations; b) utility gas operations; and c) utility other, which includes steam operations, various other energy-related products and services and the unallocated portions of the utility business. Various line items in the following tables are not allocated to the electric and gas segments for management reporting purposes and therefore are included only in “Total Utility.”
Non-regulated, Parent and Other - includes the operations of Resources and its subsidiaries, Corporate Services, the Alliant Energy parent company, and any Alliant Energy parent company consolidating adjustments. Resources’ businesses include Transportation, Non-regulated Generation and other non-regulated investments described in Note 1(a).

Alliant Energy’s administrative support services are directly charged to the applicable segment where practicable. In all other cases, administrative support services are allocated to the applicable segment based on services agreements. Intersegment revenues were not material to Alliant Energy’s operations and there was no single customer whose revenues were 10% or more of Alliant Energy’s consolidated revenues. Certain financial information relating to Alliant Energy’s business segments, products and services and geographic information was as follows (in millions):
 
Utility
 
Non-Regulated,
 
Alliant Energy
2012
Electric
 
Gas
 
Other
 
Total
 
Parent and Other
 
Consolidated
Operating revenues

$2,589.3

 

$396.3

 

$56.7

 

$3,042.3

 

$52.2

 

$3,094.5

Depreciation and amortization
299.3

 
29.1

 
1.4

 
329.8

 
2.6

 
332.4

Operating income
426.2

 
51.5

 
7.4

 
485.1

 
34.6

 
519.7

Interest expense, net of AFUDC
 
 
 
 
 
 
136.8

 
(2.0
)
 
134.8

Equity (income) loss from unconsolidated investments, net
(42.1
)
 

 

 
(42.1
)
 
0.8

 
(41.3
)
Interest income and other
 
 
 
 
 
 
(0.3
)
 
(3.7
)
 
(4.0
)
Income taxes
 
 
 
 
 
 
74.8

 
14.6

 
89.4

Income from continuing operations, net of tax
 
 
 
 
 
 
315.9

 
24.9

 
340.8

Loss from discontinued operations, net of tax
 
 
 
 
 
 

 
(5.1
)
 
(5.1
)
Net income
 
 
 
 
 
 
315.9

 
19.8

 
335.7

Preferred dividends
 
 
 
 
 
 
15.9

 

 
15.9

Net income attributable to Alliant Energy common shareowners
 
 
 
 
 
 
300.0

 
19.8

 
319.8

Total assets
8,438.8

 
814.8

 
966.0

 
10,219.6

 
565.9

 
10,785.5

Investments in equity method subsidiaries
264.3

 

 

 
264.3

 
2.3

 
266.6

Construction and acquisition expenditures
994.0

 
31.4

 
0.1

 
1,025.5

 
132.6

 
1,158.1

 
Utility
 
Non-Regulated,
 
Alliant Energy
2011
Electric
 
Gas
 
Other
 
Total
 
Parent and Other
 
Consolidated
Operating revenues

$2,635.8

 

$476.7

 

$62.0

 

$3,174.5

 

$46.9

 

$3,221.4

Depreciation and amortization
289.0

 
28.4

 
1.8

 
319.2

 
1.8

 
321.0

Operating income (loss)
444.2

 
47.8

 
(3.2
)
 
488.8

 
24.5

 
513.3

Interest expense, net of AFUDC
 
 
 
 
 
 
146.6

 
(0.3
)
 
146.3

Equity income from unconsolidated investments, net
(38.7
)
 

 

 
(38.7
)
 
(0.6
)
 
(39.3
)
Interest income and other
 
 
 
 
 
 
(0.2
)
 
(4.1
)
 
(4.3
)
Income tax expense (benefit)
 
 
 
 
 
 
78.3

 
(9.1
)
 
69.2

Income from continuing operations, net of tax
 
 
 
 
 
 
302.8

 
38.6

 
341.4

Loss from discontinued operations, net of tax
 
 
 
 
 
 

 
(19.5
)
 
(19.5
)
Net income
 
 
 
 
 
 
302.8

 
19.1

 
321.9

Preferred dividends
 
 
 
 
 
 
18.3

 

 
18.3

Net income attributable to Alliant Energy common shareowners
 
 
 
 
 
 
284.5

 
19.1

 
303.6

Total assets
7,524.5

 
831.9

 
781.1

 
9,137.5

 
550.4

 
9,687.9

Investments in equity method subsidiaries
246.5

 

 

 
246.5

 
3.1

 
249.6

Construction and acquisition expenditures
542.7

 
38.0

 
27.4

 
608.1

 
65.3

 
673.4

 
Utility
 
Non-Regulated,
 
Alliant Energy
2010
Electric
 
Gas
 
Other
 
Total
 
Parent and Other
 
Consolidated
Operating revenues

$2,674.2

 

$480.6

 

$64.6

 

$3,219.4

 

$42.7

 

$3,262.1

Depreciation and amortization
255.1

 
25.2

 
5.3

 
285.6

 
1.7

 
287.3

Operating income (loss)
489.8

 
53.4

 
(2.5
)
 
540.7

 
19.3

 
560.0

Interest expense, net of AFUDC
 
 
 
 
 
 
142.8

 
2.0

 
144.8

Equity income from unconsolidated investments, net
(37.8
)
 

 

 
(37.8
)
 
(0.3
)
 
(38.1
)
Interest income and other
 
 
 
 
 
 
(0.6
)
 
(4.0
)
 
(4.6
)
Income taxes
 
 
 
 
 
 
140.6

 
7.1

 
147.7

Income from continuing operations, net of tax
 
 
 
 
 
 
295.7

 
14.5

 
310.2

Loss from discontinued operations, net of tax
 
 
 
 
 
 

 
(3.9
)
 
(3.9
)
Net income
 
 
 
 
 
 
295.7

 
10.6

 
306.3

Preferred dividends
 
 
 
 
 
 
18.7

 

 
18.7

Net income attributable to Alliant Energy common shareowners
 
 
 
 
 
 
277.0

 
10.6

 
287.6

Total assets
7,227.2

 
817.6

 
782.4

 
8,827.2

 
455.7

 
9,282.9

Investments in equity method subsidiaries
236.0

 

 

 
236.0

 
2.5

 
238.5

Construction and acquisition expenditures
729.1

 
39.9

 
64.3

 
833.3

 
33.6

 
866.9



Products and Services - Alliant Energy’s consolidated operating revenues by segment were as follows:
 
2012
 
2011
 
2010
Utility electric operations
84
%
 
82
%
 
82
%
Utility gas operations
13
%
 
15
%
 
15
%
Utility other
2
%
 
2
%
 
2
%
Other
1
%
 
1
%
 
1
%
 
100
%
 
100
%
 
100
%


Geographic Information - At December 31, 2012, 2011 and 2010, Alliant Energy did not have any long-lived assets to be held and used in foreign countries.

IPL - IPL is a utility serving customers in Iowa and Minnesota and includes three reportable segments: a) electric operations; b) gas operations; and c) other, which includes steam operations, various other energy-related products and services and the unallocated portions of the utility business. Various line items in the following tables are not allocated to the electric and gas segments for management reporting purposes and therefore are included only in “Total.” Intersegment revenues were not material to IPL’s operations and there was no single customer whose revenues were 10% or more of IPL’s consolidated revenues. Certain financial information relating to IPL’s business segments was as follows (in millions):
2012
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,371.1

 

$226.7

 

$52.5

 

$1,650.3

Depreciation and amortization
171.2

 
16.3

 
1.4

 
188.9

Operating income
166.2

 
24.2

 
9.9

 
200.3

Interest expense, net of AFUDC
 
 
 
 
 
 
70.1

Interest income and other
 
 
 
 
 
 
(0.2
)
Income tax benefit
 
 
 
 
 
 
(19.8
)
Net income
 
 
 
 
 
 
150.2

Preferred dividends
 
 
 
 
 
 
12.6

Earnings available for common stock
 
 
 
 
 
 
137.6

Total assets
4,500.9

 
479.5

 
476.6

 
5,457.0

Construction and acquisition expenditures
291.0

 
16.4

 
0.1

 
307.5

2011
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,408.3

 

$276.3

 

$55.5

 

$1,740.1

Depreciation and amortization
161.3

 
16.0

 
1.8

 
179.1

Operating income
181.6

 
20.6

 
6.2

 
208.4

Interest expense, net of AFUDC
 
 
 
 
 
 
72.9

Interest income and other
 
 
 
 
 
 
(0.2
)
Income tax benefit
 
 
 
 
 
 
(3.6
)
Net income
 
 
 
 
 
 
139.3

Preferred dividends
 
 
 
 
 
 
15.0

Earnings available for common stock
 
 
 
 
 
 
124.3

Total assets
4,208.2

 
471.1

 
414.2

 
5,093.5

Construction and acquisition expenditures
245.6

 
21.2

 
26.9

 
293.7

2010
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,464.3

 

$274.3

 

$57.2

 
$1,795.8
Depreciation and amortization
157.1

 
14.6

 
5.3

 
177.0

Operating income (loss)
239.7

 
23.6

 
(1.4
)
 
261.9

Interest expense, net of AFUDC
 
 
 
 
 
 
76.7

Interest income and other
 
 
 
 
 
 
(0.5
)
Income taxes
 
 
 
 
 
 
42.3

Net income
 
 
 
 
 
 
143.4

Preferred dividends
 
 
 
 
 
 
15.4

Earnings available for common stock
 
 
 
 
 
 
128.0

Total assets
4,025.3

 
460.3

 
452.0

 
4,937.6

Construction and acquisition expenditures
298.8

 
20.0

 
64.0

 
382.8



WPL - WPL is a utility serving customers in Wisconsin and includes three reportable segments: a) electric operations; b) gas operations; and c) other, which includes various other energy-related products and services and the unallocated portions of the utility business. Various line items in the following tables are not allocated to the electric and gas segments for management reporting purposes and therefore are included only in “Total.” Intersegment revenues were not material to WPL’s operations and there was no single customer whose revenues were 10% or more of WPL’s consolidated revenues. Certain financial information relating to WPL’s business segments was as follows (in millions):
2012
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,218.2

 

$169.6

 

$4.2

 

$1,392.0

Depreciation and amortization
128.1

 
12.8

 

 
140.9

Operating income (loss)
260.0

 
27.3

 
(2.5
)
 
284.8

Interest expense, net of AFUDC
 
 
 
 
 
 
66.7

Equity income from unconsolidated investments
(42.1
)
 

 

 
(42.1
)
Interest income and other
 
 
 
 
 
 
(0.1
)
Income taxes
 
 
 
 
 
 
94.6

Net income
 
 
 
 
 
 
165.7

Preferred dividends
 
 
 
 
 
 
3.3

Earnings available for common stock
 
 
 
 
 
 
162.4

Total assets
3,937.9

 
335.3

 
489.4

 
4,762.6

Investments in equity method subsidiaries
264.3

 

 

 
264.3

Construction and acquisition expenditures
703.0

 
15.0

 

 
718.0

2011
Electric
 
Gas
 
Other
 
Total
Operating revenues
$1,227.5
 

$200.4

 

$6.5

 

$1,434.4

Depreciation and amortization
127.7
 
12.4
 
 
140.1

Operating income (loss)
262.6
 
27.2
 
(9.4)
 
280.4

Interest expense, net of AFUDC
 
 
 
 
 
 
73.7

Equity income from unconsolidated investments
(38.7)
 
 
 
(38.7
)
Income taxes
 
 
 
 
 
 
81.9

Net income
 
 
 
 
 
 
163.5

Preferred dividends
 
 
 
 
 
 
3.3

Earnings available for common stock
 
 
 
 
 
 
160.2

Total assets
3,316.3
 
360.8
 
366.9
 
4,044.0

Investments in equity method subsidiaries
246.5
 
 
 
246.5

Construction and acquisition expenditures
297.1
 
16.8
 
0.5
 
314.4

2010
Electric
 
Gas
 
Other
 
Total
Operating revenues
$1,209.9
 

$206.3

 

$7.4

 

$1,423.6

Depreciation and amortization
98.0
 
10.6
 
 
108.6

Operating income (loss)
250.1
 
29.8
 
(1.1)
 
278.8

Interest expense, net of AFUDC
 
 
 
 
 
 
66.1

Equity income from unconsolidated investments
(37.8)
 
 
 
(37.8
)
Interest income and other
 
 
 
 
 
 
(0.1
)
Income taxes
 
 
 
 
 
 
98.3

Net income
 
 
 
 
 
 
152.3

Preferred dividends
 
 
 
 
 
 
3.3

Earnings available for common stock
 
 
 
 
 
 
149.0

Total assets
3,201.9
 
357.3
 
330.4
 
3,889.6

Investments in equity method subsidiaries
236.0
 
 
 
236.0

Construction and acquisition expenditures
430.3
 
19.9

 
0.3

 
450.5

IPL [Member]
 
Segment Reporting Information [Line Items]  
Segments Of Business
SEGMENTS OF BUSINESS
Alliant Energy - Alliant Energy’s principal businesses as of December 31, 2012 are:
Utility - includes the operations of IPL and WPL, which serve customers in Iowa, Wisconsin and Minnesota. The utility business has three reportable segments: a) utility electric operations; b) utility gas operations; and c) utility other, which includes steam operations, various other energy-related products and services and the unallocated portions of the utility business. Various line items in the following tables are not allocated to the electric and gas segments for management reporting purposes and therefore are included only in “Total Utility.”
Non-regulated, Parent and Other - includes the operations of Resources and its subsidiaries, Corporate Services, the Alliant Energy parent company, and any Alliant Energy parent company consolidating adjustments. Resources’ businesses include Transportation, Non-regulated Generation and other non-regulated investments described in Note 1(a).

Alliant Energy’s administrative support services are directly charged to the applicable segment where practicable. In all other cases, administrative support services are allocated to the applicable segment based on services agreements. Intersegment revenues were not material to Alliant Energy’s operations and there was no single customer whose revenues were 10% or more of Alliant Energy’s consolidated revenues. Certain financial information relating to Alliant Energy’s business segments, products and services and geographic information was as follows (in millions):
 
Utility
 
Non-Regulated,
 
Alliant Energy
2012
Electric
 
Gas
 
Other
 
Total
 
Parent and Other
 
Consolidated
Operating revenues

$2,589.3

 

$396.3

 

$56.7

 

$3,042.3

 

$52.2

 

$3,094.5

Depreciation and amortization
299.3

 
29.1

 
1.4

 
329.8

 
2.6

 
332.4

Operating income
426.2

 
51.5

 
7.4

 
485.1

 
34.6

 
519.7

Interest expense, net of AFUDC
 
 
 
 
 
 
136.8

 
(2.0
)
 
134.8

Equity (income) loss from unconsolidated investments, net
(42.1
)
 

 

 
(42.1
)
 
0.8

 
(41.3
)
Interest income and other
 
 
 
 
 
 
(0.3
)
 
(3.7
)
 
(4.0
)
Income taxes
 
 
 
 
 
 
74.8

 
14.6

 
89.4

Income from continuing operations, net of tax
 
 
 
 
 
 
315.9

 
24.9

 
340.8

Loss from discontinued operations, net of tax
 
 
 
 
 
 

 
(5.1
)
 
(5.1
)
Net income
 
 
 
 
 
 
315.9

 
19.8

 
335.7

Preferred dividends
 
 
 
 
 
 
15.9

 

 
15.9

Net income attributable to Alliant Energy common shareowners
 
 
 
 
 
 
300.0

 
19.8

 
319.8

Total assets
8,438.8

 
814.8

 
966.0

 
10,219.6

 
565.9

 
10,785.5

Investments in equity method subsidiaries
264.3

 

 

 
264.3

 
2.3

 
266.6

Construction and acquisition expenditures
994.0

 
31.4

 
0.1

 
1,025.5

 
132.6

 
1,158.1

 
Utility
 
Non-Regulated,
 
Alliant Energy
2011
Electric
 
Gas
 
Other
 
Total
 
Parent and Other
 
Consolidated
Operating revenues

$2,635.8

 

$476.7

 

$62.0

 

$3,174.5

 

$46.9

 

$3,221.4

Depreciation and amortization
289.0

 
28.4

 
1.8

 
319.2

 
1.8

 
321.0

Operating income (loss)
444.2

 
47.8

 
(3.2
)
 
488.8

 
24.5

 
513.3

Interest expense, net of AFUDC
 
 
 
 
 
 
146.6

 
(0.3
)
 
146.3

Equity income from unconsolidated investments, net
(38.7
)
 

 

 
(38.7
)
 
(0.6
)
 
(39.3
)
Interest income and other
 
 
 
 
 
 
(0.2
)
 
(4.1
)
 
(4.3
)
Income tax expense (benefit)
 
 
 
 
 
 
78.3

 
(9.1
)
 
69.2

Income from continuing operations, net of tax
 
 
 
 
 
 
302.8

 
38.6

 
341.4

Loss from discontinued operations, net of tax
 
 
 
 
 
 

 
(19.5
)
 
(19.5
)
Net income
 
 
 
 
 
 
302.8

 
19.1

 
321.9

Preferred dividends
 
 
 
 
 
 
18.3

 

 
18.3

Net income attributable to Alliant Energy common shareowners
 
 
 
 
 
 
284.5

 
19.1

 
303.6

Total assets
7,524.5

 
831.9

 
781.1

 
9,137.5

 
550.4

 
9,687.9

Investments in equity method subsidiaries
246.5

 

 

 
246.5

 
3.1

 
249.6

Construction and acquisition expenditures
542.7

 
38.0

 
27.4

 
608.1

 
65.3

 
673.4

 
Utility
 
Non-Regulated,
 
Alliant Energy
2010
Electric
 
Gas
 
Other
 
Total
 
Parent and Other
 
Consolidated
Operating revenues

$2,674.2

 

$480.6

 

$64.6

 

$3,219.4

 

$42.7

 

$3,262.1

Depreciation and amortization
255.1

 
25.2

 
5.3

 
285.6

 
1.7

 
287.3

Operating income (loss)
489.8

 
53.4

 
(2.5
)
 
540.7

 
19.3

 
560.0

Interest expense, net of AFUDC
 
 
 
 
 
 
142.8

 
2.0

 
144.8

Equity income from unconsolidated investments, net
(37.8
)
 

 

 
(37.8
)
 
(0.3
)
 
(38.1
)
Interest income and other
 
 
 
 
 
 
(0.6
)
 
(4.0
)
 
(4.6
)
Income taxes
 
 
 
 
 
 
140.6

 
7.1

 
147.7

Income from continuing operations, net of tax
 
 
 
 
 
 
295.7

 
14.5

 
310.2

Loss from discontinued operations, net of tax
 
 
 
 
 
 

 
(3.9
)
 
(3.9
)
Net income
 
 
 
 
 
 
295.7

 
10.6

 
306.3

Preferred dividends
 
 
 
 
 
 
18.7

 

 
18.7

Net income attributable to Alliant Energy common shareowners
 
 
 
 
 
 
277.0

 
10.6

 
287.6

Total assets
7,227.2

 
817.6

 
782.4

 
8,827.2

 
455.7

 
9,282.9

Investments in equity method subsidiaries
236.0

 

 

 
236.0

 
2.5

 
238.5

Construction and acquisition expenditures
729.1

 
39.9

 
64.3

 
833.3

 
33.6

 
866.9



Products and Services - Alliant Energy’s consolidated operating revenues by segment were as follows:
 
2012
 
2011
 
2010
Utility electric operations
84
%
 
82
%
 
82
%
Utility gas operations
13
%
 
15
%
 
15
%
Utility other
2
%
 
2
%
 
2
%
Other
1
%
 
1
%
 
1
%
 
100
%
 
100
%
 
100
%


Geographic Information - At December 31, 2012, 2011 and 2010, Alliant Energy did not have any long-lived assets to be held and used in foreign countries.

IPL - IPL is a utility serving customers in Iowa and Minnesota and includes three reportable segments: a) electric operations; b) gas operations; and c) other, which includes steam operations, various other energy-related products and services and the unallocated portions of the utility business. Various line items in the following tables are not allocated to the electric and gas segments for management reporting purposes and therefore are included only in “Total.” Intersegment revenues were not material to IPL’s operations and there was no single customer whose revenues were 10% or more of IPL’s consolidated revenues. Certain financial information relating to IPL’s business segments was as follows (in millions):
2012
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,371.1

 

$226.7

 

$52.5

 

$1,650.3

Depreciation and amortization
171.2

 
16.3

 
1.4

 
188.9

Operating income
166.2

 
24.2

 
9.9

 
200.3

Interest expense, net of AFUDC
 
 
 
 
 
 
70.1

Interest income and other
 
 
 
 
 
 
(0.2
)
Income tax benefit
 
 
 
 
 
 
(19.8
)
Net income
 
 
 
 
 
 
150.2

Preferred dividends
 
 
 
 
 
 
12.6

Earnings available for common stock
 
 
 
 
 
 
137.6

Total assets
4,500.9

 
479.5

 
476.6

 
5,457.0

Construction and acquisition expenditures
291.0

 
16.4

 
0.1

 
307.5

2011
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,408.3

 

$276.3

 

$55.5

 

$1,740.1

Depreciation and amortization
161.3

 
16.0

 
1.8

 
179.1

Operating income
181.6

 
20.6

 
6.2

 
208.4

Interest expense, net of AFUDC
 
 
 
 
 
 
72.9

Interest income and other
 
 
 
 
 
 
(0.2
)
Income tax benefit
 
 
 
 
 
 
(3.6
)
Net income
 
 
 
 
 
 
139.3

Preferred dividends
 
 
 
 
 
 
15.0

Earnings available for common stock
 
 
 
 
 
 
124.3

Total assets
4,208.2

 
471.1

 
414.2

 
5,093.5

Construction and acquisition expenditures
245.6

 
21.2

 
26.9

 
293.7

2010
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,464.3

 

$274.3

 

$57.2

 
$1,795.8
Depreciation and amortization
157.1

 
14.6

 
5.3

 
177.0

Operating income (loss)
239.7

 
23.6

 
(1.4
)
 
261.9

Interest expense, net of AFUDC
 
 
 
 
 
 
76.7

Interest income and other
 
 
 
 
 
 
(0.5
)
Income taxes
 
 
 
 
 
 
42.3

Net income
 
 
 
 
 
 
143.4

Preferred dividends
 
 
 
 
 
 
15.4

Earnings available for common stock
 
 
 
 
 
 
128.0

Total assets
4,025.3

 
460.3

 
452.0

 
4,937.6

Construction and acquisition expenditures
298.8

 
20.0

 
64.0

 
382.8



WPL - WPL is a utility serving customers in Wisconsin and includes three reportable segments: a) electric operations; b) gas operations; and c) other, which includes various other energy-related products and services and the unallocated portions of the utility business. Various line items in the following tables are not allocated to the electric and gas segments for management reporting purposes and therefore are included only in “Total.” Intersegment revenues were not material to WPL’s operations and there was no single customer whose revenues were 10% or more of WPL’s consolidated revenues. Certain financial information relating to WPL’s business segments was as follows (in millions):
2012
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,218.2

 

$169.6

 

$4.2

 

$1,392.0

Depreciation and amortization
128.1

 
12.8

 

 
140.9

Operating income (loss)
260.0

 
27.3

 
(2.5
)
 
284.8

Interest expense, net of AFUDC
 
 
 
 
 
 
66.7

Equity income from unconsolidated investments
(42.1
)
 

 

 
(42.1
)
Interest income and other
 
 
 
 
 
 
(0.1
)
Income taxes
 
 
 
 
 
 
94.6

Net income
 
 
 
 
 
 
165.7

Preferred dividends
 
 
 
 
 
 
3.3

Earnings available for common stock
 
 
 
 
 
 
162.4

Total assets
3,937.9

 
335.3

 
489.4

 
4,762.6

Investments in equity method subsidiaries
264.3

 

 

 
264.3

Construction and acquisition expenditures
703.0

 
15.0

 

 
718.0

2011
Electric
 
Gas
 
Other
 
Total
Operating revenues
$1,227.5
 

$200.4

 

$6.5

 

$1,434.4

Depreciation and amortization
127.7
 
12.4
 
 
140.1

Operating income (loss)
262.6
 
27.2
 
(9.4)
 
280.4

Interest expense, net of AFUDC
 
 
 
 
 
 
73.7

Equity income from unconsolidated investments
(38.7)
 
 
 
(38.7
)
Income taxes
 
 
 
 
 
 
81.9

Net income
 
 
 
 
 
 
163.5

Preferred dividends
 
 
 
 
 
 
3.3

Earnings available for common stock
 
 
 
 
 
 
160.2

Total assets
3,316.3
 
360.8
 
366.9
 
4,044.0

Investments in equity method subsidiaries
246.5
 
 
 
246.5

Construction and acquisition expenditures
297.1
 
16.8
 
0.5
 
314.4

2010
Electric
 
Gas
 
Other
 
Total
Operating revenues
$1,209.9
 

$206.3

 

$7.4

 

$1,423.6

Depreciation and amortization
98.0
 
10.6
 
 
108.6

Operating income (loss)
250.1
 
29.8
 
(1.1)
 
278.8

Interest expense, net of AFUDC
 
 
 
 
 
 
66.1

Equity income from unconsolidated investments
(37.8)
 
 
 
(37.8
)
Interest income and other
 
 
 
 
 
 
(0.1
)
Income taxes
 
 
 
 
 
 
98.3

Net income
 
 
 
 
 
 
152.3

Preferred dividends
 
 
 
 
 
 
3.3

Earnings available for common stock
 
 
 
 
 
 
149.0

Total assets
3,201.9
 
357.3
 
330.4
 
3,889.6

Investments in equity method subsidiaries
236.0
 
 
 
236.0

Construction and acquisition expenditures
430.3
 
19.9

 
0.3

 
450.5

WPL [Member]
 
Segment Reporting Information [Line Items]  
Segments Of Business
SEGMENTS OF BUSINESS
Alliant Energy - Alliant Energy’s principal businesses as of December 31, 2012 are:
Utility - includes the operations of IPL and WPL, which serve customers in Iowa, Wisconsin and Minnesota. The utility business has three reportable segments: a) utility electric operations; b) utility gas operations; and c) utility other, which includes steam operations, various other energy-related products and services and the unallocated portions of the utility business. Various line items in the following tables are not allocated to the electric and gas segments for management reporting purposes and therefore are included only in “Total Utility.”
Non-regulated, Parent and Other - includes the operations of Resources and its subsidiaries, Corporate Services, the Alliant Energy parent company, and any Alliant Energy parent company consolidating adjustments. Resources’ businesses include Transportation, Non-regulated Generation and other non-regulated investments described in Note 1(a).

Alliant Energy’s administrative support services are directly charged to the applicable segment where practicable. In all other cases, administrative support services are allocated to the applicable segment based on services agreements. Intersegment revenues were not material to Alliant Energy’s operations and there was no single customer whose revenues were 10% or more of Alliant Energy’s consolidated revenues. Certain financial information relating to Alliant Energy’s business segments, products and services and geographic information was as follows (in millions):
 
Utility
 
Non-Regulated,
 
Alliant Energy
2012
Electric
 
Gas
 
Other
 
Total
 
Parent and Other
 
Consolidated
Operating revenues

$2,589.3

 

$396.3

 

$56.7

 

$3,042.3

 

$52.2

 

$3,094.5

Depreciation and amortization
299.3

 
29.1

 
1.4

 
329.8

 
2.6

 
332.4

Operating income
426.2

 
51.5

 
7.4

 
485.1

 
34.6

 
519.7

Interest expense, net of AFUDC
 
 
 
 
 
 
136.8

 
(2.0
)
 
134.8

Equity (income) loss from unconsolidated investments, net
(42.1
)
 

 

 
(42.1
)
 
0.8

 
(41.3
)
Interest income and other
 
 
 
 
 
 
(0.3
)
 
(3.7
)
 
(4.0
)
Income taxes
 
 
 
 
 
 
74.8

 
14.6

 
89.4

Income from continuing operations, net of tax
 
 
 
 
 
 
315.9

 
24.9

 
340.8

Loss from discontinued operations, net of tax
 
 
 
 
 
 

 
(5.1
)
 
(5.1
)
Net income
 
 
 
 
 
 
315.9

 
19.8

 
335.7

Preferred dividends
 
 
 
 
 
 
15.9

 

 
15.9

Net income attributable to Alliant Energy common shareowners
 
 
 
 
 
 
300.0

 
19.8

 
319.8

Total assets
8,438.8

 
814.8

 
966.0

 
10,219.6

 
565.9

 
10,785.5

Investments in equity method subsidiaries
264.3

 

 

 
264.3

 
2.3

 
266.6

Construction and acquisition expenditures
994.0

 
31.4

 
0.1

 
1,025.5

 
132.6

 
1,158.1

 
Utility
 
Non-Regulated,
 
Alliant Energy
2011
Electric
 
Gas
 
Other
 
Total
 
Parent and Other
 
Consolidated
Operating revenues

$2,635.8

 

$476.7

 

$62.0

 

$3,174.5

 

$46.9

 

$3,221.4

Depreciation and amortization
289.0

 
28.4

 
1.8

 
319.2

 
1.8

 
321.0

Operating income (loss)
444.2

 
47.8

 
(3.2
)
 
488.8

 
24.5

 
513.3

Interest expense, net of AFUDC
 
 
 
 
 
 
146.6

 
(0.3
)
 
146.3

Equity income from unconsolidated investments, net
(38.7
)
 

 

 
(38.7
)
 
(0.6
)
 
(39.3
)
Interest income and other
 
 
 
 
 
 
(0.2
)
 
(4.1
)
 
(4.3
)
Income tax expense (benefit)
 
 
 
 
 
 
78.3

 
(9.1
)
 
69.2

Income from continuing operations, net of tax
 
 
 
 
 
 
302.8

 
38.6

 
341.4

Loss from discontinued operations, net of tax
 
 
 
 
 
 

 
(19.5
)
 
(19.5
)
Net income
 
 
 
 
 
 
302.8

 
19.1

 
321.9

Preferred dividends
 
 
 
 
 
 
18.3

 

 
18.3

Net income attributable to Alliant Energy common shareowners
 
 
 
 
 
 
284.5

 
19.1

 
303.6

Total assets
7,524.5

 
831.9

 
781.1

 
9,137.5

 
550.4

 
9,687.9

Investments in equity method subsidiaries
246.5

 

 

 
246.5

 
3.1

 
249.6

Construction and acquisition expenditures
542.7

 
38.0

 
27.4

 
608.1

 
65.3

 
673.4

 
Utility
 
Non-Regulated,
 
Alliant Energy
2010
Electric
 
Gas
 
Other
 
Total
 
Parent and Other
 
Consolidated
Operating revenues

$2,674.2

 

$480.6

 

$64.6

 

$3,219.4

 

$42.7

 

$3,262.1

Depreciation and amortization
255.1

 
25.2

 
5.3

 
285.6

 
1.7

 
287.3

Operating income (loss)
489.8

 
53.4

 
(2.5
)
 
540.7

 
19.3

 
560.0

Interest expense, net of AFUDC
 
 
 
 
 
 
142.8

 
2.0

 
144.8

Equity income from unconsolidated investments, net
(37.8
)
 

 

 
(37.8
)
 
(0.3
)
 
(38.1
)
Interest income and other
 
 
 
 
 
 
(0.6
)
 
(4.0
)
 
(4.6
)
Income taxes
 
 
 
 
 
 
140.6

 
7.1

 
147.7

Income from continuing operations, net of tax
 
 
 
 
 
 
295.7

 
14.5

 
310.2

Loss from discontinued operations, net of tax
 
 
 
 
 
 

 
(3.9
)
 
(3.9
)
Net income
 
 
 
 
 
 
295.7

 
10.6

 
306.3

Preferred dividends
 
 
 
 
 
 
18.7

 

 
18.7

Net income attributable to Alliant Energy common shareowners
 
 
 
 
 
 
277.0

 
10.6

 
287.6

Total assets
7,227.2

 
817.6

 
782.4

 
8,827.2

 
455.7

 
9,282.9

Investments in equity method subsidiaries
236.0

 

 

 
236.0

 
2.5

 
238.5

Construction and acquisition expenditures
729.1

 
39.9

 
64.3

 
833.3

 
33.6

 
866.9



Products and Services - Alliant Energy’s consolidated operating revenues by segment were as follows:
 
2012
 
2011
 
2010
Utility electric operations
84
%
 
82
%
 
82
%
Utility gas operations
13
%
 
15
%
 
15
%
Utility other
2
%
 
2
%
 
2
%
Other
1
%
 
1
%
 
1
%
 
100
%
 
100
%
 
100
%


Geographic Information - At December 31, 2012, 2011 and 2010, Alliant Energy did not have any long-lived assets to be held and used in foreign countries.

IPL - IPL is a utility serving customers in Iowa and Minnesota and includes three reportable segments: a) electric operations; b) gas operations; and c) other, which includes steam operations, various other energy-related products and services and the unallocated portions of the utility business. Various line items in the following tables are not allocated to the electric and gas segments for management reporting purposes and therefore are included only in “Total.” Intersegment revenues were not material to IPL’s operations and there was no single customer whose revenues were 10% or more of IPL’s consolidated revenues. Certain financial information relating to IPL’s business segments was as follows (in millions):
2012
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,371.1

 

$226.7

 

$52.5

 

$1,650.3

Depreciation and amortization
171.2

 
16.3

 
1.4

 
188.9

Operating income
166.2

 
24.2

 
9.9

 
200.3

Interest expense, net of AFUDC
 
 
 
 
 
 
70.1

Interest income and other
 
 
 
 
 
 
(0.2
)
Income tax benefit
 
 
 
 
 
 
(19.8
)
Net income
 
 
 
 
 
 
150.2

Preferred dividends
 
 
 
 
 
 
12.6

Earnings available for common stock
 
 
 
 
 
 
137.6

Total assets
4,500.9

 
479.5

 
476.6

 
5,457.0

Construction and acquisition expenditures
291.0

 
16.4

 
0.1

 
307.5

2011
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,408.3

 

$276.3

 

$55.5

 

$1,740.1

Depreciation and amortization
161.3

 
16.0

 
1.8

 
179.1

Operating income
181.6

 
20.6

 
6.2

 
208.4

Interest expense, net of AFUDC
 
 
 
 
 
 
72.9

Interest income and other
 
 
 
 
 
 
(0.2
)
Income tax benefit
 
 
 
 
 
 
(3.6
)
Net income
 
 
 
 
 
 
139.3

Preferred dividends
 
 
 
 
 
 
15.0

Earnings available for common stock
 
 
 
 
 
 
124.3

Total assets
4,208.2

 
471.1

 
414.2

 
5,093.5

Construction and acquisition expenditures
245.6

 
21.2

 
26.9

 
293.7

2010
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,464.3

 

$274.3

 

$57.2

 
$1,795.8
Depreciation and amortization
157.1

 
14.6

 
5.3

 
177.0

Operating income (loss)
239.7

 
23.6

 
(1.4
)
 
261.9

Interest expense, net of AFUDC
 
 
 
 
 
 
76.7

Interest income and other
 
 
 
 
 
 
(0.5
)
Income taxes
 
 
 
 
 
 
42.3

Net income
 
 
 
 
 
 
143.4

Preferred dividends
 
 
 
 
 
 
15.4

Earnings available for common stock
 
 
 
 
 
 
128.0

Total assets
4,025.3

 
460.3

 
452.0

 
4,937.6

Construction and acquisition expenditures
298.8

 
20.0

 
64.0

 
382.8



WPL - WPL is a utility serving customers in Wisconsin and includes three reportable segments: a) electric operations; b) gas operations; and c) other, which includes various other energy-related products and services and the unallocated portions of the utility business. Various line items in the following tables are not allocated to the electric and gas segments for management reporting purposes and therefore are included only in “Total.” Intersegment revenues were not material to WPL’s operations and there was no single customer whose revenues were 10% or more of WPL’s consolidated revenues. Certain financial information relating to WPL’s business segments was as follows (in millions):
2012
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,218.2

 

$169.6

 

$4.2

 

$1,392.0

Depreciation and amortization
128.1

 
12.8

 

 
140.9

Operating income (loss)
260.0

 
27.3

 
(2.5
)
 
284.8

Interest expense, net of AFUDC
 
 
 
 
 
 
66.7

Equity income from unconsolidated investments
(42.1
)
 

 

 
(42.1
)
Interest income and other
 
 
 
 
 
 
(0.1
)
Income taxes
 
 
 
 
 
 
94.6

Net income
 
 
 
 
 
 
165.7

Preferred dividends
 
 
 
 
 
 
3.3

Earnings available for common stock
 
 
 
 
 
 
162.4

Total assets
3,937.9

 
335.3

 
489.4

 
4,762.6

Investments in equity method subsidiaries
264.3

 

 

 
264.3

Construction and acquisition expenditures
703.0

 
15.0

 

 
718.0

2011
Electric
 
Gas
 
Other
 
Total
Operating revenues
$1,227.5
 

$200.4

 

$6.5

 

$1,434.4

Depreciation and amortization
127.7
 
12.4
 
 
140.1

Operating income (loss)
262.6
 
27.2
 
(9.4)
 
280.4

Interest expense, net of AFUDC
 
 
 
 
 
 
73.7

Equity income from unconsolidated investments
(38.7)
 
 
 
(38.7
)
Income taxes
 
 
 
 
 
 
81.9

Net income
 
 
 
 
 
 
163.5

Preferred dividends
 
 
 
 
 
 
3.3

Earnings available for common stock
 
 
 
 
 
 
160.2

Total assets
3,316.3
 
360.8
 
366.9
 
4,044.0

Investments in equity method subsidiaries
246.5
 
 
 
246.5

Construction and acquisition expenditures
297.1
 
16.8
 
0.5
 
314.4

2010
Electric
 
Gas
 
Other
 
Total
Operating revenues
$1,209.9
 

$206.3

 

$7.4

 

$1,423.6

Depreciation and amortization
98.0
 
10.6
 
 
108.6

Operating income (loss)
250.1
 
29.8
 
(1.1)
 
278.8

Interest expense, net of AFUDC
 
 
 
 
 
 
66.1

Equity income from unconsolidated investments
(37.8)
 
 
 
(37.8
)
Interest income and other
 
 
 
 
 
 
(0.1
)
Income taxes
 
 
 
 
 
 
98.3

Net income
 
 
 
 
 
 
152.3

Preferred dividends
 
 
 
 
 
 
3.3

Earnings available for common stock
 
 
 
 
 
 
149.0

Total assets
3,201.9
 
357.3
 
330.4
 
3,889.6

Investments in equity method subsidiaries
236.0
 
 
 
236.0

Construction and acquisition expenditures
430.3
 
19.9

 
0.3

 
450.5