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Condensed Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues:    
Electric utility $ 701 $ 730
Gas utility 170 152
Other utility 13 12
Non-utility 17 22
Total revenues 901 916
Operating expenses:    
Electric production fuel and purchased power 133 184
Electric transmission service 134 122
Cost of gas sold 100 85
Other operation and maintenance 146 163
Depreciation and amortization 164 146
Taxes other than income taxes 26 28
Total operating expenses 703 728
Operating income 198 188
Other (income) and deductions:    
Interest expense 69 69
Equity income from unconsolidated investments, net (15) (13)
Allowance for funds used during construction (4) (23)
Other 2 1
Total other (income) and deductions 52 34
Income before income taxes 146 154
Income tax benefit (28) (19)
Net income 174 173
Preferred dividend requirements of Interstate Power and Light Company 3 3
Net income attributable to common shareowners $ 171 $ 170
Weighted average number of common shares outstanding:    
Basic (in shares) 250.0 244.4
Diluted (in shares) 250.4 244.6
Earnings per weighted average common share attributable to Alliant Energy common shareowners (basic and diluted) $ 0.68 $ 0.70
IPL [Member]    
Revenues:    
Electric utility $ 386 $ 425
Gas utility 91 83
Other utility 12 11
Total revenues 489 519
Operating expenses:    
Electric production fuel and purchased power 59 106
Electric transmission service 92 84
Cost of gas sold 50 44
Other operation and maintenance 77 87
Depreciation and amortization 94 86
Taxes other than income taxes 14 15
Total operating expenses 386 422
Operating income 103 97
Other (income) and deductions:    
Interest expense 35 34
Allowance for funds used during construction (2) (10)
Other 0 1
Total other (income) and deductions 33 25
Income before income taxes 70 72
Income tax benefit (12) (14)
Net income 82 86
Preferred dividend requirements of Interstate Power and Light Company 3 3
Net income attributable to common shareowners 79 83
WPL [Member]    
Revenues:    
Electric utility 315 305
Gas utility 79 69
Other utility 1 1
Total revenues 395 375
Operating expenses:    
Electric production fuel and purchased power 74 78
Electric transmission service 42 38
Cost of gas sold 50 41
Other operation and maintenance 59 54
Depreciation and amortization 69 59
Taxes other than income taxes 11 11
Total operating expenses 305 281
Operating income 90 94
Other (income) and deductions:    
Interest expense 26 25
Allowance for funds used during construction (2) (13)
Other 1 0
Total other (income) and deductions 25 12
Income before income taxes 65 82
Income tax benefit (19) (8)
Net income $ 84 $ 90