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Condensed Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Electric utility $ 773 $ 701
Gas utility 262 170
Other utility 11 13
Non-utility 22 17
Total revenues 1,068 901
Operating expenses:    
Electric production fuel and purchased power 168 133
Electric transmission service 138 134
Cost of gas sold 168 100
Other operation and maintenance 153 146
Depreciation and amortization 166 164
Taxes other than income taxes 27 26
Total operating expenses 820 703
Operating income 248 198
Other (income) and deductions:    
Interest expense 74 69
Equity income from unconsolidated investments, net (15) (15)
Allowance for funds used during construction (11) (4)
Other 0 2
Total other (income) and deductions 48 52
Income before income taxes 200 146
Income tax expense (benefit) 8 (28)
Net income 192 174
Preferred dividend requirements of Interstate Power and Light Company 0 3
Net income attributable to common shareowners $ 192 $ 171
Weighted average number of common shares outstanding:    
Basic (in shares) 250,600 250,000
Diluted (in shares) 250,900 250,400
Earnings per weighted average common share attributable to Alliant Energy common shareowners (basic) (in dollars per share) $ 0.77 $ 0.68
Earnings per weighted average common share attributable to Alliant Energy common shareowners (diluted) (in dollars per share) $ 0.77 $ 0.68
IPL [Member]    
Revenues:    
Electric utility $ 400 $ 386
Gas utility 139 91
Other utility 11 12
Total revenues 550 489
Operating expenses:    
Electric production fuel and purchased power 67 59
Electric transmission service 97 92
Cost of gas sold 85 50
Other operation and maintenance 83 77
Depreciation and amortization 94 94
Taxes other than income taxes 14 14
Total operating expenses 440 386
Operating income 110 103
Other (income) and deductions:    
Interest expense 37 35
Allowance for funds used during construction (3) (2)
Total other (income) and deductions 34 33
Income before income taxes 76 70
Income tax expense (benefit) (11) (12)
Net income 87 82
Preferred dividend requirements of Interstate Power and Light Company 0 3
Net income attributable to common shareowners 87 79
WPL [Member]    
Revenues:    
Electric utility 373 315
Gas utility 123 79
Other utility 0 1
Total revenues 496 395
Operating expenses:    
Electric production fuel and purchased power 101 74
Electric transmission service 41 42
Cost of gas sold 83 50
Other operation and maintenance 58 59
Depreciation and amortization 70 69
Taxes other than income taxes 12 11
Total operating expenses 365 305
Operating income 131 90
Other (income) and deductions:    
Interest expense 27 26
Allowance for funds used during construction (9) (2)
Other 0 1
Total other (income) and deductions 18 25
Income before income taxes 113 65
Income tax expense (benefit) 21 (19)
Net income $ 92 $ 84