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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 20 $ 39
Accounts receivable, less allowance for expected credit losses 516 440
Production fuel, at weighted average cost 53 51
Gas stored underground, at weighted average cost 132 82
Materials and supplies, at weighted average cost 140 113
Regulatory assets 166 104
Other 223 240
Total current assets 1,250 1,069
Property, plant and equipment, net 16,247 14,987
Investments:    
ATC Holdings 358 338
Other 201 179
Total investments 559 517
Other assets:    
Regulatory assets 1,880 1,836
Deferred charges and other 227 144
Total other assets 2,107 1,980
Total assets 20,163 18,553
Current liabilities:    
Current maturities of long-term debt 408 633
Commercial paper 642 515
Accounts payable 756 436
Regulatory liabilities 206 186
Other 351 284
Total current liabilities 2,363 2,054
Long-term debt, net (excluding current portion) 7,668 6,735
Other liabilities:    
Deferred tax liabilities 1,943 1,927
Regulatory liabilities 1,118 1,085
Pension and other benefit obligations 277 374
Other 518 388
Total other liabilities 3,856 3,774
Commitments and contingencies (Note 17)
Common equity:    
Common stock 3 3
Additional paid-in capital 2,777 2,749
Retained earnings 3,509 3,250
Shares in deferred compensation trust - 402,134 and 383,532 shares at a weighted average cost of $32.63 and $30.59 per share (13) (12)
Total common equity 6,276 5,990
Total liabilities and equity 20,163 18,553
IPL [Member]    
Current assets:    
Cash and cash equivalents 15 34
Accounts receivable, less allowance for expected credit losses 259 241
Production fuel, at weighted average cost 23 29
Gas stored underground, at weighted average cost 60 40
Materials and supplies, at weighted average cost 83 70
Regulatory assets 85 73
Other 93 77
Total current assets 618 564
Property, plant and equipment, net 8,046 7,983
Other assets:    
Regulatory assets 1,301 1,370
Deferred charges and other 110 79
Total other assets 1,411 1,449
Total assets 10,075 9,996
Current liabilities:    
Current maturities of long-term debt 0 0
Commercial paper 0 0
Accounts payable 239 173
Accounts payable to associated companies 28 39
Accrued taxes 52 56
Accrued interest 35 36
Regulatory liabilities 114 84
Other 113 67
Total current liabilities 581 455
Long-term debt, net (excluding current portion) 3,646 3,643
Other liabilities:    
Deferred tax liabilities 1,047 1,083
Regulatory liabilities 640 607
Pension and other benefit obligations 62 127
Other 291 312
Total other liabilities 2,040 2,129
Commitments and contingencies (Note 17)
Common equity:    
Common stock 33 33
Additional paid-in capital 2,807 2,807
Retained earnings 968 929
Total common equity 3,808 3,769
Total liabilities and equity 10,075 9,996
WPL [Member]    
Current assets:    
Cash and cash equivalents 5 2
Accounts receivable, less allowance for expected credit losses 244 188
Production fuel, at weighted average cost 29 23
Gas stored underground, at weighted average cost 73 42
Materials and supplies, at weighted average cost 54 41
Regulatory assets 81 31
Prepaid gross receipts tax 42 40
Other 60 86
Total current assets 588 453
Property, plant and equipment, net 7,722 6,538
Other assets:    
Regulatory assets 579 466
Deferred charges and other 98 61
Total other assets 677 527
Total assets 8,987 7,518
Current liabilities:    
Current maturities of long-term debt 0 250
Commercial paper 290 236
Accounts payable 456 190
Regulatory liabilities 92 102
Other 111 112
Total current liabilities 949 890
Long-term debt, net (excluding current portion) 2,770 2,179
Other liabilities:    
Deferred tax liabilities 789 753
Regulatory liabilities 478 478
Pension and other benefit obligations 140 159
Other 370 236
Total other liabilities 1,777 1,626
Commitments and contingencies (Note 17)
Common equity:    
Common stock 66 66
Additional paid-in capital 2,233 1,704
Retained earnings 1,192 1,053
Total common equity 3,491 2,823
Total liabilities and equity $ 8,987 $ 7,518