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Condensed Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:    
Electric utility $ 768 $ 773
Gas utility 276 262
Other utility 11 11
Non-utility 22 22
Total revenues 1,077 1,068
Operating expenses:    
Electric production fuel and purchased power 157 168
Electric transmission service 146 138
Cost of gas sold 181 168
Other operation and maintenance 174 153
Depreciation and amortization 166 166
Taxes other than income taxes 31 27
Total operating expenses 855 820
Operating income 222 248
Other (income) and deductions:    
Interest expense 94 74
Equity income from unconsolidated investments, net (17) (15)
Allowance for funds used during construction (19) (11)
Other 3 0
Total other (income) and deductions 61 48
Income before income taxes 161 200
Income tax expense (benefit) (2) 8
Net income 163 192
Net income attributable to common shareowners $ 163 $ 192
Weighted average number of common shares outstanding:    
Basic (in shares) 251,200 250,600
Diluted (in shares) 251,400 250,900
Earnings per weighted average common share attributable to Alliant Energy common shareowners:    
Basic (in dollars per share) $ 0.65 $ 0.77
Diluted (in dollars per share) $ 0.65 $ 0.77
IPL [Member]    
Revenues:    
Electric utility $ 388 $ 400
Gas utility 150 139
Other utility 11 11
Total revenues 549 550
Operating expenses:    
Electric production fuel and purchased power 47 67
Electric transmission service 104 97
Cost of gas sold 95 85
Other operation and maintenance 95 83
Depreciation and amortization 96 94
Taxes other than income taxes 16 14
Total operating expenses 453 440
Operating income 96 110
Other (income) and deductions:    
Interest expense 37 37
Allowance for funds used during construction (3) (3)
Other 1 0
Total other (income) and deductions 35 34
Income before income taxes 61 76
Income tax expense (benefit) (11) (11)
Net income 72 87
WPL [Member]    
Revenues:    
Electric utility 380 373
Gas utility 126 123
Total revenues 506 496
Operating expenses:    
Electric production fuel and purchased power 109 101
Electric transmission service 42 41
Cost of gas sold 86 83
Other operation and maintenance 66 58
Depreciation and amortization 68 70
Taxes other than income taxes 14 12
Total operating expenses 385 365
Operating income 121 131
Other (income) and deductions:    
Interest expense 36 27
Allowance for funds used during construction (16) (9)
Other 1 0
Total other (income) and deductions 21 18
Income before income taxes 100 113
Income tax expense (benefit) 12 21
Net income $ 88 $ 92