REVENUES

Revenues from Alliant Energy’s, IPL’s and WPL’s utility businesses are primarily from electric and gas sales provided to customers based on approved tariffs or specific contracts with customers. IPL’s and WPL’s primary performance obligations under such arrangements are to deliver electricity and gas, and their customers simultaneously receive and consume the electricity and gas. For such arrangements, revenues are recognized equivalent to the value of the electricity or gas supplied during each period, including amounts billed during each period and changes in amounts estimated to be billed at the end of each period. IPL and WPL apply the right to invoice method to measure progress towards completing performance obligations to transfer electricity and gas to their customers.

IPL provides retail electric and gas service to customers in Iowa, and WPL provides retail and wholesale electric and retail gas service to customers in Wisconsin. IPL also sells electricity to wholesale customers in Minnesota, Illinois and Iowa, as well as steam from its Prairie Creek Generating Station to high-pressure steam customers in Iowa.

IPL’s and WPL’s retail electric and gas revenues include sales to residential, commercial and industrial customers. IPL’s and WPL’s retail electric and gas customer prices are based on IPL’s and WPL’s cost of service and are determined through general rate review proceedings and various tariff filings with the IUB and PSCW, respectively. Such tariff-based services provide electricity or gas to customers without a defined contractual term.

IPL and WPL have wholesale electric market-based rate authority from FERC allowing them to participate in wholesale energy markets (e.g. MISO) and transact directly with third parties. This authority from FERC allows sales of electricity referred to as bulk power sales based on current market values. FERC also allows IPL and WPL to enter into power supply agreements with municipalities and rural electric cooperatives with defined contractual terms, which include standard pricing mechanisms that are detailed in current tariffs accepted by FERC through wholesale rate review proceedings.

Revenues from Alliant Energy’s non-utility business customers are primarily from its Transportation business, which includes a short-line railway that provides freight service; a barge terminal and hauling services on the Mississippi River; customized supply chain solution capabilities; freight and logistics brokering services; and other transfer and storage services.

Disaggregation of revenues from contracts with customers, which correlates to revenues for each reportable segment, was as follows (in millions):



	Alliant Energy						IPL						WPL
	2019		2018		2017		2019		2018		2017		2019		2018		2017
Electric Utility:
Retail - residential		$1,092.4		$1,063.4		$1,006.2		$601.5		$590.6		$535.6		$490.9		$472.8		$470.6
Retail - commercial	769.7		735.6		710.3		510.3		486.8		452.7		259.4		248.8		257.6
Retail - industrial	889.1		888.8		853.1		503.9		500.8		459.7		385.2		388.0		393.4
Wholesale	176.4		188.4		238.4		63.5		71.2		95.5		112.9		117.2		142.9
Bulk power and other	136.0		124.1		86.7		102.0		81.7		55.4		34.0		42.4		31.3
Total Electric Utility	3,063.6		3,000.3		2,894.7		1,781.2		1,731.1		1,598.9		1,282.4		1,269.2		1,295.8
Gas Utility:
Retail - residential	259.4		254.4		224.7		149.3		152.3		123.2		110.1		102.1		101.5
Retail - commercial	133.0		133.0		123.2		74.9		75.9		67.9		58.1		57.1		55.3
Retail - industrial	16.0		14.9		16.7		11.7		10.2		11.1		4.3		4.7		5.6
Transportation/other	46.8		44.3		36.3		28.3		27.8		23.8		18.5		16.5		12.5
Total Gas Utility	455.2		446.6		400.9		264.2		266.2		226.0		191.0		180.4		174.9
Other Utility:
Steam	37.2		35.2		34.6		37.2		35.2		34.6		—		—		—
Other utility	9.3		12.8		12.9		7.0		9.8		10.8		2.3		3.0		2.1
Total Other Utility	46.5		48.0		47.5		44.2		45.0		45.4		2.3		3.0		2.1
Non-Utility and Other:
Transportation and other	82.4		39.6		39.1		—		—		—		—		—		—
Total Non-Utility and Other	82.4		39.6		39.1		—		—		—		—		—		—
Total revenues		$3,647.7		$3,534.5		$3,382.2		$2,089.6		$2,042.3		$1,870.3		$1,475.7		$1,452.6		$1,472.8

Disaggregation of Revenue [Line Items]

Revenues

REVENUES

Revenues from Alliant Energy’s, IPL’s and WPL’s utility businesses are primarily from electric and gas sales provided to customers based on approved tariffs or specific contracts with customers. IPL’s and WPL’s primary performance obligations under such arrangements are to deliver electricity and gas, and their customers simultaneously receive and consume the electricity and gas. For such arrangements, revenues are recognized equivalent to the value of the electricity or gas supplied during each period, including amounts billed during each period and changes in amounts estimated to be billed at the end of each period. IPL and WPL apply the right to invoice method to measure progress towards completing performance obligations to transfer electricity and gas to their customers.

IPL provides retail electric and gas service to customers in Iowa, and WPL provides retail and wholesale electric and retail gas service to customers in Wisconsin. IPL also sells electricity to wholesale customers in Minnesota, Illinois and Iowa, as well as steam from its Prairie Creek Generating Station to high-pressure steam customers in Iowa.

IPL’s and WPL’s retail electric and gas revenues include sales to residential, commercial and industrial customers. IPL’s and WPL’s retail electric and gas customer prices are based on IPL’s and WPL’s cost of service and are determined through general rate review proceedings and various tariff filings with the IUB and PSCW, respectively. Such tariff-based services provide electricity or gas to customers without a defined contractual term.

IPL and WPL have wholesale electric market-based rate authority from FERC allowing them to participate in wholesale energy markets (e.g. MISO) and transact directly with third parties. This authority from FERC allows sales of electricity referred to as bulk power sales based on current market values. FERC also allows IPL and WPL to enter into power supply agreements with municipalities and rural electric cooperatives with defined contractual terms, which include standard pricing mechanisms that are detailed in current tariffs accepted by FERC through wholesale rate review proceedings.

Revenues from Alliant Energy’s non-utility business customers are primarily from its Transportation business, which includes a short-line railway that provides freight service; a barge terminal and hauling services on the Mississippi River; customized supply chain solution capabilities; freight and logistics brokering services; and other transfer and storage services.

Disaggregation of revenues from contracts with customers, which correlates to revenues for each reportable segment, was as follows (in millions):



	Alliant Energy						IPL						WPL
	2019		2018		2017		2019		2018		2017		2019		2018		2017
Electric Utility:
Retail - residential		$1,092.4		$1,063.4		$1,006.2		$601.5		$590.6		$535.6		$490.9		$472.8		$470.6
Retail - commercial	769.7		735.6		710.3		510.3		486.8		452.7		259.4		248.8		257.6
Retail - industrial	889.1		888.8		853.1		503.9		500.8		459.7		385.2		388.0		393.4
Wholesale	176.4		188.4		238.4		63.5		71.2		95.5		112.9		117.2		142.9
Bulk power and other	136.0		124.1		86.7		102.0		81.7		55.4		34.0		42.4		31.3
Total Electric Utility	3,063.6		3,000.3		2,894.7		1,781.2		1,731.1		1,598.9		1,282.4		1,269.2		1,295.8
Gas Utility:
Retail - residential	259.4		254.4		224.7		149.3		152.3		123.2		110.1		102.1		101.5
Retail - commercial	133.0		133.0		123.2		74.9		75.9		67.9		58.1		57.1		55.3
Retail - industrial	16.0		14.9		16.7		11.7		10.2		11.1		4.3		4.7		5.6
Transportation/other	46.8		44.3		36.3		28.3		27.8		23.8		18.5		16.5		12.5
Total Gas Utility	455.2		446.6		400.9		264.2		266.2		226.0		191.0		180.4		174.9
Other Utility:
Steam	37.2		35.2		34.6		37.2		35.2		34.6		—		—		—
Other utility	9.3		12.8		12.9		7.0		9.8		10.8		2.3		3.0		2.1
Total Other Utility	46.5		48.0		47.5		44.2		45.0		45.4		2.3		3.0		2.1
Non-Utility and Other:
Transportation and other	82.4		39.6		39.1		—		—		—		—		—		—
Total Non-Utility and Other	82.4		39.6		39.1		—		—		—		—		—		—
Total revenues		$3,647.7		$3,534.5		$3,382.2		$2,089.6		$2,042.3		$1,870.3		$1,475.7		$1,452.6		$1,472.8