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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 67 $ 39
Accounts receivable, less allowance for expected credit losses 481 440
Production fuel, at weighted average cost 39 51
Gas stored underground, at weighted average cost 27 82
Materials and supplies, at weighted average cost 119 113
Regulatory assets 88 104
Other 271 240
Total current assets 1,092 1,069
Property, plant and equipment, net 15,192 14,987
Investments:    
ATC Holdings 346 338
Other 187 179
Total investments 533 517
Other assets:    
Regulatory assets 1,831 1,836
Deferred charges and other 191 144
Total other assets 2,022 1,980
Total assets 18,839 18,553
Current liabilities:    
Current maturities of long-term debt 333 633
Commercial paper 276 515
Accounts payable 383 436
Accrued taxes 66 58
Regulatory liabilities 251 186
Other 212 226
Total current liabilities 1,521 2,054
Long-term debt, net (excluding current portion) 7,383 6,735
Other liabilities:    
Deferred tax liabilities 1,958 1,927
Regulatory liabilities 1,121 1,085
Pension and other benefit obligations 363 374
Other 416 388
Total other liabilities 3,858 3,774
Commitments and contingencies (Note 12)
Common equity:    
Common stock 3 3
Additional paid-in capital 2,750 2,749
Retained earnings 3,336 3,250
Shares in deferred compensation trust - 381,397 and 383,532 shares at a weighted average cost of $31.17 and $30.59 per share (12) (12)
Total common equity 6,077 5,990
Total liabilities and equity 18,839 18,553
IPL [Member]    
Current assets:    
Cash and cash equivalents 62 34
Accounts receivable, less allowance for expected credit losses 257 241
Income tax refunds receivable 25 8
Production fuel, at weighted average cost 28 29
Gas stored underground, at weighted average cost 11 40
Materials and supplies, at weighted average cost 71 70
Regulatory assets 60 73
Other 85 69
Total current assets 599 564
Property, plant and equipment, net 7,976 7,983
Other assets:    
Regulatory assets 1,372 1,370
Deferred charges and other 103 79
Total other assets 1,475 1,449
Total assets 10,050 9,996
Current liabilities:    
Accounts payable 135 173
Accounts payable to associated companies 46 39
Accrued taxes 57 56
Accrued interest 35 36
Regulatory liabilities 122 84
Other 62 67
Total current liabilities 457 455
Long-term debt, net (excluding current portion) 3,644 3,643
Other liabilities:    
Deferred tax liabilities 1,107 1,083
Regulatory liabilities 632 607
Pension and other benefit obligations 124 127
Other 311 312
Total other liabilities 2,174 2,129
Commitments and contingencies (Note 12)
Common equity:    
Common stock 33 33
Additional paid-in capital 2,807 2,807
Retained earnings 935 929
Total common equity 3,775 3,769
Total liabilities and equity 10,050 9,996
WPL [Member]    
Current assets:    
Cash and cash equivalents 4 2
Accounts receivable, less allowance for expected credit losses 211 188
Production fuel, at weighted average cost 11 23
Gas stored underground, at weighted average cost 16 42
Materials and supplies, at weighted average cost 45 41
Regulatory assets 28 31
Prepaid gross receipts tax 30 40
Other 102 86
Total current assets 447 453
Property, plant and equipment, net 6,747 6,538
Other assets:    
Regulatory assets 459 466
Deferred charges and other 90 61
Total other assets 549 527
Total assets 7,743 7,518
Current liabilities:    
Current maturities of long-term debt 250 250
Commercial paper 157 236
Accounts payable 185 190
Accounts payable to associated companies 34 39
Regulatory liabilities 129 102
Other 102 73
Total current liabilities 857 890
Long-term debt, net (excluding current portion) 2,180 2,179
Other liabilities:    
Deferred tax liabilities 759 753
Regulatory liabilities 489 478
Pension and other benefit obligations 154 159
Other 253 236
Total other liabilities 1,655 1,626
Commitments and contingencies (Note 12)
Common equity:    
Common stock 66 66
Additional paid-in capital 1,884 1,704
Retained earnings 1,101 1,053
Total common equity 3,051 2,823
Total liabilities and equity $ 7,743 $ 7,518