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Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:      
Electric utility $ 3,421 $ 3,081 $ 2,920
Gas utility 642 456 373
Other utility 49 49 49
Non-utility 93 83 74
Total revenues 4,205 3,669 3,416
Operating expenses:      
Electric production fuel and purchased power 830 642 652
Electric transmission service 573 537 449
Cost of gas sold 389 258 182
Other operation and maintenance 704 676 670
Depreciation and amortization 671 657 615
Taxes other than income taxes 110 104 108
Total operating expenses 3,277 2,874 2,676
Operating income (loss) 928 795 740
Other (income) and deductions:      
Interest expense 325 277 275
Equity income from unconsolidated investments, net (51) (62) (61)
Allowance for funds used during construction (60) (25) (55)
Other 6 5 14
Total other (income) and deductions 220 195 173
Income before income taxes 708 600 567
Income tax expense (benefit) 22 (74) (57)
Net income 686 674 624
Preferred dividend requirements of Interstate Power and Light Company 0 15 10
Net income attributable to common shareowners $ 686 $ 659 $ 614
Weighted average number of common shares outstanding:      
Basic (in shares) 250.9 250.2 248.4
Diluted (in shares) 251.2 250.7 248.7
Earnings per weighted average common share attributable to Alliant Energy common shareowners:      
Basic (in dollars per share) $ 2.73 $ 2.63 $ 2.47
Diluted (in dollars per share) $ 2.73 $ 2.63 $ 2.47
IPL [Member]      
Revenues:      
Electric utility $ 1,859 $ 1,752 $ 1,695
Gas utility 351 265 208
Other utility 46 46 44
Total revenues 2,256 2,063 1,947
Operating expenses:      
Electric production fuel and purchased power 383 295 352
Electric transmission service 407 367 298
Cost of gas sold 206 149 99
Other operation and maintenance 369 362 375
Depreciation and amortization 381 375 356
Taxes other than income taxes 57 55 57
Total operating expenses 1,803 1,603 1,537
Operating income (loss) 453 460 410
Other (income) and deductions:      
Interest expense 148 139 139
Allowance for funds used during construction (11) (9) (24)
Other 6 1 8
Total other (income) and deductions 143 131 123
Income before income taxes 310 329 287
Income tax expense (benefit) (50) (36) (47)
Net income 360 365 334
Preferred dividend requirements of Interstate Power and Light Company 0 15 10
Net income attributable to common shareowners 360 350 324
WPL [Member]      
Revenues:      
Electric utility 1,562 1,329 1,225
Gas utility 291 191 165
Other utility 3 3 5
Total revenues 1,856 1,523 1,395
Operating expenses:      
Electric production fuel and purchased power 447 347 300
Electric transmission service 166 170 151
Cost of gas sold 183 109 83
Other operation and maintenance 278 268 254
Depreciation and amortization 283 276 254
Taxes other than income taxes 47 45 47
Total operating expenses 1,404 1,215 1,089
Operating income (loss) 452 308 306
Other (income) and deductions:      
Interest expense 121 105 104
Allowance for funds used during construction (49) (16) (31)
Other (1) 2 3
Total other (income) and deductions 71 91 76
Income before income taxes 381 217 230
Income tax expense (benefit) 66 (51) (19)
Net income $ 315 $ 268 $ 249