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Segments Of Business
12 Months Ended
Dec. 31, 2017
Segment Reporting Information [Line Items]  
Segments Of Business
SEGMENTS OF BUSINESS
In the fourth quarter of 2017, Alliant Energy and WPL modified the segment reporting related to their ATC Investment, consistent with information used by their chief operating decision maker to evaluate performance and allocate resources. As of December 31, 2017, the ATC Investment is no longer included in Alliant Energy’s utility electric operations reportable segment or WPL’s electric operations reportable segment. As a result, all prior period amounts impacted by this change were reclassified to conform to the new presentation. Alliant Energy’s related amounts were reclassified from “Electric Utility” to “ATC Investment, Non-Utility, Parent and Other.” WPL’s related amounts were reclassified from “Electric” to “Other.”

Alliant Energy - Alliant Energy’s principal businesses as of December 31, 2017 are:
Utility - includes the operations of IPL and WPL, which primarily serve retail customers in Iowa and Wisconsin. The utility business has three reportable segments: a) utility electric operations; b) utility gas operations; and c) utility other, which includes steam operations 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.”
ATC Investment, Non-utility, Parent and Other - includes the operations of AEF and its subsidiaries, Corporate Services, the Alliant Energy parent company, and any Alliant Energy parent company consolidating adjustments. AEF is comprised of Alliant Energy’s ATC Investment, Transportation, a non-utility wind investment, the Sheboygan Falls Energy Facility and other non-utility investments, which are 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. All of Alliant Energy’s operations and assets are located in the U.S.

Certain financial information relating to Alliant Energy’s business segments, which represent the services provided to its customers, was as follows (in millions):
 
 
 
 
 
 
 
 
 
ATC Investment,
 
 
 
Utility
 
Non-utility,
 
Alliant Energy
2017
Electric
 
Gas
 
Other
 
Total
 
Parent and Other
 
Consolidated
Operating revenues

$2,894.7

 

$400.9

 

$47.5

 

$3,343.1

 

$39.1

 

$3,382.2

Depreciation and amortization
412.0

 
38.2

 
7.7

 
457.9

 
3.9

 
461.8

Operating income (loss)
586.5

 
45.3

 
(11.7
)
 
620.1

 
33.3

 
653.4

Interest expense
 
 
 
 
 
 
206.2

 
9.4

 
215.6

Equity income from unconsolidated investments, net
(0.7
)
 

 

 
(0.7
)
 
(44.1
)
 
(44.8
)
Income taxes
 
 
 
 
 
 
51.0

 
15.7

 
66.7

Net income attributable to Alliant Energy common shareowners
 
 
 
 
 
 
403.4

 
53.9

 
457.3

Total assets
11,396.2

 
1,199.8

 
766.5

 
13,362.5

 
825.3

 
14,187.8

Investments in equity method subsidiaries
8.3

 

 

 
8.3

 
373.1

 
381.4

Construction and acquisition expenditures
1,154.9

 
125.2

 
1.7

 
1,281.8

 
185.1

 
1,466.9

 
 
 
 
 
 
 
 
 
ATC Investment,
 
 
 
Utility
 
Non-utility,
 
Alliant Energy
2016
Electric
 
Gas
 
Other
 
Total
 
Parent and Other
 
Consolidated
Operating revenues

$2,875.5

 

$355.4

 

$48.6

 

$3,279.5

 

$40.5

 

$3,320.0

Depreciation and amortization
367.0

 
34.2

 
2.1

 
403.3

 
8.3

 
411.6

Operating income (loss)
571.9

 
30.7

 
(4.8
)
 
597.8

 
(60.8
)
 
537.0

Interest expense
 
 
 
 
 
 
194.6

 
1.6

 
196.2

Equity income from unconsolidated investments, net
(0.7
)
 

 

 
(0.7
)
 
(38.9
)
 
(39.6
)
Income tax expense (benefit)
 
 
 
 
 
 
71.4

 
(12.0
)
 
59.4

Net income (loss) attributable to Alliant Energy common shareowners
 
 
 
 
 
 
385.2

 
(13.7
)
 
371.5

Total assets
10,722.9

 
1,091.1

 
781.0

 
12,595.0

 
778.8

 
13,373.8

Investments in equity method subsidiaries
7.7

 

 

 
7.7

 
318.3

 
326.0

Construction and acquisition expenditures
994.0

 
137.1

 
0.1

 
1,131.2

 
65.6

 
1,196.8

 
 
 
 
 
 
 
 
 
ATC Investment,
 
 
 
Utility
 
Non-utility,
 
Alliant Energy
2015
Electric
 
Gas
 
Other
 
Total
 
Parent and Other
 
Consolidated
Operating revenues

$2,770.5

 

$381.2

 

$57.9

 

$3,209.6

 

$44.0

 

$3,253.6

Depreciation and amortization
358.6

 
31.1

 
1.8

 
391.5

 
9.8

 
401.3

Operating income
514.1

 
34.6

 
1.9

 
550.6

 
26.4

 
577.0

Interest expense
 
 
 
 
 
 
189.2

 
(2.1
)
 
187.1

Equity income from unconsolidated investments, net
(0.9
)
 

 

 
(0.9
)
 
(32.9
)
 
(33.8
)
Income taxes
 
 
 
 
 
 
46.2

 
24.2

 
70.4

Net income attributable to Alliant Energy common shareowners
 
 
 
 
 
 
343.4

 
34.8

 
378.2

Total assets
9,918.0

 
939.3

 
828.9

 
11,686.2

 
809.0

 
12,495.2

Investments in equity method subsidiaries
8.7

 

 

 
8.7

 
294.2

 
302.9

Construction and acquisition expenditures
852.5

 
106.4

 
1.4

 
960.3

 
74.0

 
1,034.3



IPL - IPL is a utility primarily serving retail customers in Iowa and includes three reportable segments: a) electric operations; b) gas operations; and c) other, which includes steam operations 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. All of IPL’s operations and assets are located in the U.S. Certain financial information relating to IPL’s business segments, which represent the services provided to its customers, was as follows (in millions):
2017
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,598.9

 

$226.0

 

$45.4

 

$1,870.3

Depreciation and amortization
215.1

 
22.2

 
7.7

 
245.0

Operating income (loss)
281.1

 
20.8

 
(5.0
)
 
296.9

Interest expense
 
 
 
 
 
 
112.4

Income tax benefit
 
 
 
 
 
 
(10.9
)
Earnings available for common stock
 
 
 
 
 
 
216.8

Total assets
6,524.4

 
727.9

 
353.7

 
7,606.0

Construction and acquisition expenditures
594.1

 
80.7

 
1.2

 
676.0

2016
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,569.7

 

$204.0

 

$46.7

 

$1,820.4

Depreciation and amortization
189.4

 
19.3

 
2.1

 
210.8

Operating income
252.0

 
15.5

 
3.3

 
270.8

Interest expense
 
 
 
 
 
 
103.2

Income tax benefit
 
 
 
 
 
 
(5.9
)
Earnings available for common stock
 
 
 
 
 
 
215.6

Total assets
6,278.2

 
653.3

 
373.2

 
7,304.7

Construction and acquisition expenditures
598.1

 
91.5

 
0.1

 
689.7

2015
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,503.8

 

$217.3

 

$53.4

 

$1,774.5

Depreciation and amortization
187.9

 
17.5

 
1.8

 
207.2

Operating income
218.8

 
17.7

 
5.4

 
241.9

Interest expense
 
 
 
 
 
 
96.8

Income tax benefit
 
 
 
 
 
 
(22.7
)
Earnings available for common stock
 
 
 
 
 
 
186.0

Total assets
5,754.1

 
548.2

 
406.8

 
6,709.1

Construction and acquisition expenditures
561.2

 
56.7

 
1.4

 
619.3



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 WPL’s investment in ATC in 2015 and 2016, and the unallocated portions of the utility business. Refer to Note 6(a) for discussion of WPL’s transfer of its investment in ATC to ATI as of December 31, 2016. 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. All of WPL’s operations and assets are located in the U.S. Certain financial information relating to WPL’s business segments, which represent the services provided to its customers, was as follows (in millions):
2017
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,295.8

 

$174.9

 

$2.1

 

$1,472.8

Depreciation and amortization
196.9

 
16.0

 

 
212.9

Operating income (loss)
305.4

 
24.5

 
(6.7
)
 
323.2

Interest expense
 
 
 
 
 
 
93.8

Equity income from unconsolidated investments
(0.7
)
 

 

 
(0.7
)
Income taxes
 
 
 
 
 
 
61.9

Earnings available for common stock
 
 
 
 
 
 
186.6

Total assets
4,871.8

 
471.9

 
412.8

 
5,756.5

Investments in equity method subsidiaries
8.3

 

 

 
8.3

Construction and acquisition expenditures
592.4

 
44.5

 
0.5

 
637.4

2016
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,305.8

 

$151.4

 

$1.9

 

$1,459.1

Depreciation and amortization
177.6

 
14.9

 

 
192.5

Operating income (loss)
319.9

 
15.2

 
(8.1
)
 
327.0

Interest expense
 
 
 
 
 
 
91.4

Equity income from unconsolidated investments
(0.7
)
 

 
(39.1
)
 
(39.8
)
Income taxes
 
 
 
 
 
 
93.3

Earnings available for common stock
 
 
 
 
 
 
190.4

Total assets
4,444.7

 
437.8

 
407.8

 
5,290.3

Investments in equity method subsidiaries
7.7

 

 

 
7.7

Construction and acquisition expenditures
395.9

 
45.6

 
11.5

 
453.0

2015
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,266.7

 

$163.9

 

$4.5

 

$1,435.1

Depreciation and amortization
170.7

 
13.6

 

 
184.3

Operating income (loss)
295.3

 
16.9

 
(3.5
)
 
308.7

Interest expense
 
 
 
 
 
 
92.4

Equity income from unconsolidated investments
(0.9
)
 

 
(34.2
)
 
(35.1
)
Income taxes
 
 
 
 
 
 
82.9

Earnings available for common stock
 
 
 
 
 
 
176.3

Total assets
4,163.9

 
391.1

 
715.4

 
5,270.4

Investments in equity method subsidiaries
8.7

 

 
293.3

 
302.0

Construction and acquisition expenditures
291.3

 
49.7

 
3.3

 
344.3

IPL [Member]  
Segment Reporting Information [Line Items]  
Segments Of Business
SEGMENTS OF BUSINESS
In the fourth quarter of 2017, Alliant Energy and WPL modified the segment reporting related to their ATC Investment, consistent with information used by their chief operating decision maker to evaluate performance and allocate resources. As of December 31, 2017, the ATC Investment is no longer included in Alliant Energy’s utility electric operations reportable segment or WPL’s electric operations reportable segment. As a result, all prior period amounts impacted by this change were reclassified to conform to the new presentation. Alliant Energy’s related amounts were reclassified from “Electric Utility” to “ATC Investment, Non-Utility, Parent and Other.” WPL’s related amounts were reclassified from “Electric” to “Other.”

Alliant Energy - Alliant Energy’s principal businesses as of December 31, 2017 are:
Utility - includes the operations of IPL and WPL, which primarily serve retail customers in Iowa and Wisconsin. The utility business has three reportable segments: a) utility electric operations; b) utility gas operations; and c) utility other, which includes steam operations 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.”
ATC Investment, Non-utility, Parent and Other - includes the operations of AEF and its subsidiaries, Corporate Services, the Alliant Energy parent company, and any Alliant Energy parent company consolidating adjustments. AEF is comprised of Alliant Energy’s ATC Investment, Transportation, a non-utility wind investment, the Sheboygan Falls Energy Facility and other non-utility investments, which are 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. All of Alliant Energy’s operations and assets are located in the U.S.

Certain financial information relating to Alliant Energy’s business segments, which represent the services provided to its customers, was as follows (in millions):
 
 
 
 
 
 
 
 
 
ATC Investment,
 
 
 
Utility
 
Non-utility,
 
Alliant Energy
2017
Electric
 
Gas
 
Other
 
Total
 
Parent and Other
 
Consolidated
Operating revenues

$2,894.7

 

$400.9

 

$47.5

 

$3,343.1

 

$39.1

 

$3,382.2

Depreciation and amortization
412.0

 
38.2

 
7.7

 
457.9

 
3.9

 
461.8

Operating income (loss)
586.5

 
45.3

 
(11.7
)
 
620.1

 
33.3

 
653.4

Interest expense
 
 
 
 
 
 
206.2

 
9.4

 
215.6

Equity income from unconsolidated investments, net
(0.7
)
 

 

 
(0.7
)
 
(44.1
)
 
(44.8
)
Income taxes
 
 
 
 
 
 
51.0

 
15.7

 
66.7

Net income attributable to Alliant Energy common shareowners
 
 
 
 
 
 
403.4

 
53.9

 
457.3

Total assets
11,396.2

 
1,199.8

 
766.5

 
13,362.5

 
825.3

 
14,187.8

Investments in equity method subsidiaries
8.3

 

 

 
8.3

 
373.1

 
381.4

Construction and acquisition expenditures
1,154.9

 
125.2

 
1.7

 
1,281.8

 
185.1

 
1,466.9

 
 
 
 
 
 
 
 
 
ATC Investment,
 
 
 
Utility
 
Non-utility,
 
Alliant Energy
2016
Electric
 
Gas
 
Other
 
Total
 
Parent and Other
 
Consolidated
Operating revenues

$2,875.5

 

$355.4

 

$48.6

 

$3,279.5

 

$40.5

 

$3,320.0

Depreciation and amortization
367.0

 
34.2

 
2.1

 
403.3

 
8.3

 
411.6

Operating income (loss)
571.9

 
30.7

 
(4.8
)
 
597.8

 
(60.8
)
 
537.0

Interest expense
 
 
 
 
 
 
194.6

 
1.6

 
196.2

Equity income from unconsolidated investments, net
(0.7
)
 

 

 
(0.7
)
 
(38.9
)
 
(39.6
)
Income tax expense (benefit)
 
 
 
 
 
 
71.4

 
(12.0
)
 
59.4

Net income (loss) attributable to Alliant Energy common shareowners
 
 
 
 
 
 
385.2

 
(13.7
)
 
371.5

Total assets
10,722.9

 
1,091.1

 
781.0

 
12,595.0

 
778.8

 
13,373.8

Investments in equity method subsidiaries
7.7

 

 

 
7.7

 
318.3

 
326.0

Construction and acquisition expenditures
994.0

 
137.1

 
0.1

 
1,131.2

 
65.6

 
1,196.8

 
 
 
 
 
 
 
 
 
ATC Investment,
 
 
 
Utility
 
Non-utility,
 
Alliant Energy
2015
Electric
 
Gas
 
Other
 
Total
 
Parent and Other
 
Consolidated
Operating revenues

$2,770.5

 

$381.2

 

$57.9

 

$3,209.6

 

$44.0

 

$3,253.6

Depreciation and amortization
358.6

 
31.1

 
1.8

 
391.5

 
9.8

 
401.3

Operating income
514.1

 
34.6

 
1.9

 
550.6

 
26.4

 
577.0

Interest expense
 
 
 
 
 
 
189.2

 
(2.1
)
 
187.1

Equity income from unconsolidated investments, net
(0.9
)
 

 

 
(0.9
)
 
(32.9
)
 
(33.8
)
Income taxes
 
 
 
 
 
 
46.2

 
24.2

 
70.4

Net income attributable to Alliant Energy common shareowners
 
 
 
 
 
 
343.4

 
34.8

 
378.2

Total assets
9,918.0

 
939.3

 
828.9

 
11,686.2

 
809.0

 
12,495.2

Investments in equity method subsidiaries
8.7

 

 

 
8.7

 
294.2

 
302.9

Construction and acquisition expenditures
852.5

 
106.4

 
1.4

 
960.3

 
74.0

 
1,034.3



IPL - IPL is a utility primarily serving retail customers in Iowa and includes three reportable segments: a) electric operations; b) gas operations; and c) other, which includes steam operations 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. All of IPL’s operations and assets are located in the U.S. Certain financial information relating to IPL’s business segments, which represent the services provided to its customers, was as follows (in millions):
2017
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,598.9

 

$226.0

 

$45.4

 

$1,870.3

Depreciation and amortization
215.1

 
22.2

 
7.7

 
245.0

Operating income (loss)
281.1

 
20.8

 
(5.0
)
 
296.9

Interest expense
 
 
 
 
 
 
112.4

Income tax benefit
 
 
 
 
 
 
(10.9
)
Earnings available for common stock
 
 
 
 
 
 
216.8

Total assets
6,524.4

 
727.9

 
353.7

 
7,606.0

Construction and acquisition expenditures
594.1

 
80.7

 
1.2

 
676.0

2016
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,569.7

 

$204.0

 

$46.7

 

$1,820.4

Depreciation and amortization
189.4

 
19.3

 
2.1

 
210.8

Operating income
252.0

 
15.5

 
3.3

 
270.8

Interest expense
 
 
 
 
 
 
103.2

Income tax benefit
 
 
 
 
 
 
(5.9
)
Earnings available for common stock
 
 
 
 
 
 
215.6

Total assets
6,278.2

 
653.3

 
373.2

 
7,304.7

Construction and acquisition expenditures
598.1

 
91.5

 
0.1

 
689.7

2015
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,503.8

 

$217.3

 

$53.4

 

$1,774.5

Depreciation and amortization
187.9

 
17.5

 
1.8

 
207.2

Operating income
218.8

 
17.7

 
5.4

 
241.9

Interest expense
 
 
 
 
 
 
96.8

Income tax benefit
 
 
 
 
 
 
(22.7
)
Earnings available for common stock
 
 
 
 
 
 
186.0

Total assets
5,754.1

 
548.2

 
406.8

 
6,709.1

Construction and acquisition expenditures
561.2

 
56.7

 
1.4

 
619.3



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 WPL’s investment in ATC in 2015 and 2016, and the unallocated portions of the utility business. Refer to Note 6(a) for discussion of WPL’s transfer of its investment in ATC to ATI as of December 31, 2016. 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. All of WPL’s operations and assets are located in the U.S. Certain financial information relating to WPL’s business segments, which represent the services provided to its customers, was as follows (in millions):
2017
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,295.8

 

$174.9

 

$2.1

 

$1,472.8

Depreciation and amortization
196.9

 
16.0

 

 
212.9

Operating income (loss)
305.4

 
24.5

 
(6.7
)
 
323.2

Interest expense
 
 
 
 
 
 
93.8

Equity income from unconsolidated investments
(0.7
)
 

 

 
(0.7
)
Income taxes
 
 
 
 
 
 
61.9

Earnings available for common stock
 
 
 
 
 
 
186.6

Total assets
4,871.8

 
471.9

 
412.8

 
5,756.5

Investments in equity method subsidiaries
8.3

 

 

 
8.3

Construction and acquisition expenditures
592.4

 
44.5

 
0.5

 
637.4

2016
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,305.8

 

$151.4

 

$1.9

 

$1,459.1

Depreciation and amortization
177.6

 
14.9

 

 
192.5

Operating income (loss)
319.9

 
15.2

 
(8.1
)
 
327.0

Interest expense
 
 
 
 
 
 
91.4

Equity income from unconsolidated investments
(0.7
)
 

 
(39.1
)
 
(39.8
)
Income taxes
 
 
 
 
 
 
93.3

Earnings available for common stock
 
 
 
 
 
 
190.4

Total assets
4,444.7

 
437.8

 
407.8

 
5,290.3

Investments in equity method subsidiaries
7.7

 

 

 
7.7

Construction and acquisition expenditures
395.9

 
45.6

 
11.5

 
453.0

2015
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,266.7

 

$163.9

 

$4.5

 

$1,435.1

Depreciation and amortization
170.7

 
13.6

 

 
184.3

Operating income (loss)
295.3

 
16.9

 
(3.5
)
 
308.7

Interest expense
 
 
 
 
 
 
92.4

Equity income from unconsolidated investments
(0.9
)
 

 
(34.2
)
 
(35.1
)
Income taxes
 
 
 
 
 
 
82.9

Earnings available for common stock
 
 
 
 
 
 
176.3

Total assets
4,163.9

 
391.1

 
715.4

 
5,270.4

Investments in equity method subsidiaries
8.7

 

 
293.3

 
302.0

Construction and acquisition expenditures
291.3

 
49.7

 
3.3

 
344.3

WPL [Member]  
Segment Reporting Information [Line Items]  
Segments Of Business
SEGMENTS OF BUSINESS
In the fourth quarter of 2017, Alliant Energy and WPL modified the segment reporting related to their ATC Investment, consistent with information used by their chief operating decision maker to evaluate performance and allocate resources. As of December 31, 2017, the ATC Investment is no longer included in Alliant Energy’s utility electric operations reportable segment or WPL’s electric operations reportable segment. As a result, all prior period amounts impacted by this change were reclassified to conform to the new presentation. Alliant Energy’s related amounts were reclassified from “Electric Utility” to “ATC Investment, Non-Utility, Parent and Other.” WPL’s related amounts were reclassified from “Electric” to “Other.”

Alliant Energy - Alliant Energy’s principal businesses as of December 31, 2017 are:
Utility - includes the operations of IPL and WPL, which primarily serve retail customers in Iowa and Wisconsin. The utility business has three reportable segments: a) utility electric operations; b) utility gas operations; and c) utility other, which includes steam operations 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.”
ATC Investment, Non-utility, Parent and Other - includes the operations of AEF and its subsidiaries, Corporate Services, the Alliant Energy parent company, and any Alliant Energy parent company consolidating adjustments. AEF is comprised of Alliant Energy’s ATC Investment, Transportation, a non-utility wind investment, the Sheboygan Falls Energy Facility and other non-utility investments, which are 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. All of Alliant Energy’s operations and assets are located in the U.S.

Certain financial information relating to Alliant Energy’s business segments, which represent the services provided to its customers, was as follows (in millions):
 
 
 
 
 
 
 
 
 
ATC Investment,
 
 
 
Utility
 
Non-utility,
 
Alliant Energy
2017
Electric
 
Gas
 
Other
 
Total
 
Parent and Other
 
Consolidated
Operating revenues

$2,894.7

 

$400.9

 

$47.5

 

$3,343.1

 

$39.1

 

$3,382.2

Depreciation and amortization
412.0

 
38.2

 
7.7

 
457.9

 
3.9

 
461.8

Operating income (loss)
586.5

 
45.3

 
(11.7
)
 
620.1

 
33.3

 
653.4

Interest expense
 
 
 
 
 
 
206.2

 
9.4

 
215.6

Equity income from unconsolidated investments, net
(0.7
)
 

 

 
(0.7
)
 
(44.1
)
 
(44.8
)
Income taxes
 
 
 
 
 
 
51.0

 
15.7

 
66.7

Net income attributable to Alliant Energy common shareowners
 
 
 
 
 
 
403.4

 
53.9

 
457.3

Total assets
11,396.2

 
1,199.8

 
766.5

 
13,362.5

 
825.3

 
14,187.8

Investments in equity method subsidiaries
8.3

 

 

 
8.3

 
373.1

 
381.4

Construction and acquisition expenditures
1,154.9

 
125.2

 
1.7

 
1,281.8

 
185.1

 
1,466.9

 
 
 
 
 
 
 
 
 
ATC Investment,
 
 
 
Utility
 
Non-utility,
 
Alliant Energy
2016
Electric
 
Gas
 
Other
 
Total
 
Parent and Other
 
Consolidated
Operating revenues

$2,875.5

 

$355.4

 

$48.6

 

$3,279.5

 

$40.5

 

$3,320.0

Depreciation and amortization
367.0

 
34.2

 
2.1

 
403.3

 
8.3

 
411.6

Operating income (loss)
571.9

 
30.7

 
(4.8
)
 
597.8

 
(60.8
)
 
537.0

Interest expense
 
 
 
 
 
 
194.6

 
1.6

 
196.2

Equity income from unconsolidated investments, net
(0.7
)
 

 

 
(0.7
)
 
(38.9
)
 
(39.6
)
Income tax expense (benefit)
 
 
 
 
 
 
71.4

 
(12.0
)
 
59.4

Net income (loss) attributable to Alliant Energy common shareowners
 
 
 
 
 
 
385.2

 
(13.7
)
 
371.5

Total assets
10,722.9

 
1,091.1

 
781.0

 
12,595.0

 
778.8

 
13,373.8

Investments in equity method subsidiaries
7.7

 

 

 
7.7

 
318.3

 
326.0

Construction and acquisition expenditures
994.0

 
137.1

 
0.1

 
1,131.2

 
65.6

 
1,196.8

 
 
 
 
 
 
 
 
 
ATC Investment,
 
 
 
Utility
 
Non-utility,
 
Alliant Energy
2015
Electric
 
Gas
 
Other
 
Total
 
Parent and Other
 
Consolidated
Operating revenues

$2,770.5

 

$381.2

 

$57.9

 

$3,209.6

 

$44.0

 

$3,253.6

Depreciation and amortization
358.6

 
31.1

 
1.8

 
391.5

 
9.8

 
401.3

Operating income
514.1

 
34.6

 
1.9

 
550.6

 
26.4

 
577.0

Interest expense
 
 
 
 
 
 
189.2

 
(2.1
)
 
187.1

Equity income from unconsolidated investments, net
(0.9
)
 

 

 
(0.9
)
 
(32.9
)
 
(33.8
)
Income taxes
 
 
 
 
 
 
46.2

 
24.2

 
70.4

Net income attributable to Alliant Energy common shareowners
 
 
 
 
 
 
343.4

 
34.8

 
378.2

Total assets
9,918.0

 
939.3

 
828.9

 
11,686.2

 
809.0

 
12,495.2

Investments in equity method subsidiaries
8.7

 

 

 
8.7

 
294.2

 
302.9

Construction and acquisition expenditures
852.5

 
106.4

 
1.4

 
960.3

 
74.0

 
1,034.3



IPL - IPL is a utility primarily serving retail customers in Iowa and includes three reportable segments: a) electric operations; b) gas operations; and c) other, which includes steam operations 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. All of IPL’s operations and assets are located in the U.S. Certain financial information relating to IPL’s business segments, which represent the services provided to its customers, was as follows (in millions):
2017
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,598.9

 

$226.0

 

$45.4

 

$1,870.3

Depreciation and amortization
215.1

 
22.2

 
7.7

 
245.0

Operating income (loss)
281.1

 
20.8

 
(5.0
)
 
296.9

Interest expense
 
 
 
 
 
 
112.4

Income tax benefit
 
 
 
 
 
 
(10.9
)
Earnings available for common stock
 
 
 
 
 
 
216.8

Total assets
6,524.4

 
727.9

 
353.7

 
7,606.0

Construction and acquisition expenditures
594.1

 
80.7

 
1.2

 
676.0

2016
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,569.7

 

$204.0

 

$46.7

 

$1,820.4

Depreciation and amortization
189.4

 
19.3

 
2.1

 
210.8

Operating income
252.0

 
15.5

 
3.3

 
270.8

Interest expense
 
 
 
 
 
 
103.2

Income tax benefit
 
 
 
 
 
 
(5.9
)
Earnings available for common stock
 
 
 
 
 
 
215.6

Total assets
6,278.2

 
653.3

 
373.2

 
7,304.7

Construction and acquisition expenditures
598.1

 
91.5

 
0.1

 
689.7

2015
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,503.8

 

$217.3

 

$53.4

 

$1,774.5

Depreciation and amortization
187.9

 
17.5

 
1.8

 
207.2

Operating income
218.8

 
17.7

 
5.4

 
241.9

Interest expense
 
 
 
 
 
 
96.8

Income tax benefit
 
 
 
 
 
 
(22.7
)
Earnings available for common stock
 
 
 
 
 
 
186.0

Total assets
5,754.1

 
548.2

 
406.8

 
6,709.1

Construction and acquisition expenditures
561.2

 
56.7

 
1.4

 
619.3



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 WPL’s investment in ATC in 2015 and 2016, and the unallocated portions of the utility business. Refer to Note 6(a) for discussion of WPL’s transfer of its investment in ATC to ATI as of December 31, 2016. 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. All of WPL’s operations and assets are located in the U.S. Certain financial information relating to WPL’s business segments, which represent the services provided to its customers, was as follows (in millions):
2017
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,295.8

 

$174.9

 

$2.1

 

$1,472.8

Depreciation and amortization
196.9

 
16.0

 

 
212.9

Operating income (loss)
305.4

 
24.5

 
(6.7
)
 
323.2

Interest expense
 
 
 
 
 
 
93.8

Equity income from unconsolidated investments
(0.7
)
 

 

 
(0.7
)
Income taxes
 
 
 
 
 
 
61.9

Earnings available for common stock
 
 
 
 
 
 
186.6

Total assets
4,871.8

 
471.9

 
412.8

 
5,756.5

Investments in equity method subsidiaries
8.3

 

 

 
8.3

Construction and acquisition expenditures
592.4

 
44.5

 
0.5

 
637.4

2016
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,305.8

 

$151.4

 

$1.9

 

$1,459.1

Depreciation and amortization
177.6

 
14.9

 

 
192.5

Operating income (loss)
319.9

 
15.2

 
(8.1
)
 
327.0

Interest expense
 
 
 
 
 
 
91.4

Equity income from unconsolidated investments
(0.7
)
 

 
(39.1
)
 
(39.8
)
Income taxes
 
 
 
 
 
 
93.3

Earnings available for common stock
 
 
 
 
 
 
190.4

Total assets
4,444.7

 
437.8

 
407.8

 
5,290.3

Investments in equity method subsidiaries
7.7

 

 

 
7.7

Construction and acquisition expenditures
395.9

 
45.6

 
11.5

 
453.0

2015
Electric
 
Gas
 
Other
 
Total
Operating revenues

$1,266.7

 

$163.9

 

$4.5

 

$1,435.1

Depreciation and amortization
170.7

 
13.6

 

 
184.3

Operating income (loss)
295.3

 
16.9

 
(3.5
)
 
308.7

Interest expense
 
 
 
 
 
 
92.4

Equity income from unconsolidated investments
(0.9
)
 

 
(34.2
)
 
(35.1
)
Income taxes
 
 
 
 
 
 
82.9

Earnings available for common stock
 
 
 
 
 
 
176.3

Total assets
4,163.9

 
391.1

 
715.4

 
5,270.4

Investments in equity method subsidiaries
8.7

 

 
293.3

 
302.0

Construction and acquisition expenditures
291.3

 
49.7

 
3.3

 
344.3