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Redeemable Preferred Stock (Tables)
12 Months Ended
Dec. 31, 2013
Class of Stock [Line Items]  
Schedule of Carrying Value Of Cumulative Preferred Stock
Information related to the carrying value of cumulative preferred stock, net at December 31 was as follows (dollars in millions):
Liquidation Preference/ Stated Value
 
Shares Outstanding
 
Series
 
Redemption (none are mandatorily redeemable)
 
2013
 
2012
IPL (16,000,000 shares authorized):
 
 
 
 
 
 
$25
 
8,000,000
 
5.1%
 
On or after March 15, 2018
 

$200.0

 

$—

$25
 
6,000,000
 
8.375%
 
(a)
 

 
150.0

Less: discount
 
 
 
 
 
 
 

 
(4.9
)
 
 
 
 
 
 
 
 
200.0

 
145.1

WPL (16,000,000 and 3,750,000 shares authorized as of December 31, 2013 and 2012, respectively):
 
 
$25 to $100
 
1,049,225
 
4.40-6.50%
 
(b)
 

 
60.0

Alliant Energy
 
 
 
 
 
 
 

$200.0

 

$205.1


(a)
In 2013, IPL redeemed all 6,000,000 outstanding shares of its 8.375% cumulative preferred stock for $150 million plus accrued and unpaid dividends to the redemption date. Alliant Energy and IPL recorded a $5 million charge in 2013 related to this transaction in “Preferred dividend requirements” in their Consolidated Statements of Income.
(b)
In 2013, WPL redeemed all 1,049,225 outstanding shares of its 4.40% through 6.50% cumulative preferred stock for $61 million plus accrued and unpaid dividends to the redemption date. Alliant Energy and WPL recorded a $1 million charge in 2013 related to this transaction in “Preferred dividend requirements” in their Consolidated Statements of Income.

IPL [Member]
 
Class of Stock [Line Items]  
Schedule of Carrying Value Of Cumulative Preferred Stock
Information related to the carrying value of cumulative preferred stock, net at December 31 was as follows (dollars in millions):
Liquidation Preference/ Stated Value
 
Shares Outstanding
 
Series
 
Redemption (none are mandatorily redeemable)
 
2013
 
2012
IPL (16,000,000 shares authorized):
 
 
 
 
 
 
$25
 
8,000,000
 
5.1%
 
On or after March 15, 2018
 

$200.0

 

$—

$25
 
6,000,000
 
8.375%
 
(a)
 

 
150.0

Less: discount
 
 
 
 
 
 
 

 
(4.9
)
 
 
 
 
 
 
 
 
200.0

 
145.1

WPL (16,000,000 and 3,750,000 shares authorized as of December 31, 2013 and 2012, respectively):
 
 
$25 to $100
 
1,049,225
 
4.40-6.50%
 
(b)
 

 
60.0

Alliant Energy
 
 
 
 
 
 
 

$200.0

 

$205.1


(a)
In 2013, IPL redeemed all 6,000,000 outstanding shares of its 8.375% cumulative preferred stock for $150 million plus accrued and unpaid dividends to the redemption date. Alliant Energy and IPL recorded a $5 million charge in 2013 related to this transaction in “Preferred dividend requirements” in their Consolidated Statements of Income.
(b)
In 2013, WPL redeemed all 1,049,225 outstanding shares of its 4.40% through 6.50% cumulative preferred stock for $61 million plus accrued and unpaid dividends to the redemption date. Alliant Energy and WPL recorded a $1 million charge in 2013 related to this transaction in “Preferred dividend requirements” in their Consolidated Statements of Income.
WPL [Member]
 
Class of Stock [Line Items]  
Schedule of Carrying Value Of Cumulative Preferred Stock
Information related to the carrying value of cumulative preferred stock, net at December 31 was as follows (dollars in millions):
Liquidation Preference/ Stated Value
 
Shares Outstanding
 
Series
 
Redemption (none are mandatorily redeemable)
 
2013
 
2012
IPL (16,000,000 shares authorized):
 
 
 
 
 
 
$25
 
8,000,000
 
5.1%
 
On or after March 15, 2018
 

$200.0

 

$—

$25
 
6,000,000
 
8.375%
 
(a)
 

 
150.0

Less: discount
 
 
 
 
 
 
 

 
(4.9
)
 
 
 
 
 
 
 
 
200.0

 
145.1

WPL (16,000,000 and 3,750,000 shares authorized as of December 31, 2013 and 2012, respectively):
 
 
$25 to $100
 
1,049,225
 
4.40-6.50%
 
(b)
 

 
60.0

Alliant Energy
 
 
 
 
 
 
 

$200.0

 

$205.1


(a)
In 2013, IPL redeemed all 6,000,000 outstanding shares of its 8.375% cumulative preferred stock for $150 million plus accrued and unpaid dividends to the redemption date. Alliant Energy and IPL recorded a $5 million charge in 2013 related to this transaction in “Preferred dividend requirements” in their Consolidated Statements of Income.
(b)
In 2013, WPL redeemed all 1,049,225 outstanding shares of its 4.40% through 6.50% cumulative preferred stock for $61 million plus accrued and unpaid dividends to the redemption date. Alliant Energy and WPL recorded a $1 million charge in 2013 related to this transaction in “Preferred dividend requirements” in their Consolidated Statements of Income.