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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 157 $ 20
Accounts receivable, less allowance for expected credit losses 428 516
Production fuel, at weighted average cost 60 53
Gas stored underground, at weighted average cost 64 132
Materials and supplies, at weighted average cost 158 140
Regulatory assets 193 166
Other 132 223
Total current assets 1,192 1,250
Property, plant and equipment, net 16,396 16,247
Investments:    
ATC Holdings 363 358
Other 206 201
Total investments 569 559
Other assets:    
Regulatory assets 1,887 1,880
Deferred charges and other 196 227
Total other assets 2,083 2,107
Total assets 20,240 20,163
Current liabilities:    
Current maturities of long-term debt 808 408
Commercial paper 60 642
Other short-term borrowings 50 0
Accounts payable 518 756
Regulatory liabilities 129 206
Other 343 351
Total current liabilities 1,908 2,363
Long-term debt, net (excluding current portion) 8,132 7,668
Other liabilities:    
Deferred tax liabilities 1,957 1,943
Regulatory liabilities 1,102 1,118
Pension and other benefit obligations 273 277
Other 540 518
Total other liabilities 3,872 3,856
Commitments and contingencies (Note 13)
Common equity:    
Common stock 3 3
Additional paid-in capital 2,780 2,777
Retained earnings 3,559 3,509
Accumulated other comprehensive loss (1) 0
Shares in deferred compensation trust - 394,363 and 402,134 shares at a weighted average cost of $33.12 and $32.63 per share (13) (13)
Total common equity 6,328 6,276
Total liabilities and equity 20,240 20,163
IPL [Member]    
Current assets:    
Cash and cash equivalents 35 15
Accounts receivable, less allowance for expected credit losses 191 259
Production fuel, at weighted average cost 26 23
Gas stored underground, at weighted average cost 26 60
Materials and supplies, at weighted average cost 92 83
Regulatory assets 75 85
Other 49 93
Total current assets 494 618
Property, plant and equipment, net 8,112 8,046
Other assets:    
Regulatory assets 1,308 1,301
Deferred charges and other 93 110
Total other assets 1,401 1,411
Total assets 10,007 10,075
Current liabilities:    
Accounts payable 222 239
Accounts payable to associated companies 37 28
Accrued taxes 59 52
Accrued interest 35 35
Regulatory liabilities 73 114
Other 92 113
Total current liabilities 518 581
Long-term debt, net (excluding current portion) 3,647 3,646
Other liabilities:    
Deferred tax liabilities 1,053 1,047
Regulatory liabilities 624 640
Pension and other benefit obligations 61 62
Other 294 291
Total other liabilities 2,032 2,040
Commitments and contingencies (Note 13)
Common equity:    
Common stock 33 33
Additional paid-in capital 2,807 2,807
Retained earnings 970 968
Total common equity 3,810 3,808
Total liabilities and equity 10,007 10,075
WPL [Member]    
Current assets:    
Cash and cash equivalents 86 5
Accounts receivable, less allowance for expected credit losses 225 244
Production fuel, at weighted average cost 34 29
Gas stored underground, at weighted average cost 38 73
Materials and supplies, at weighted average cost 63 54
Regulatory assets 118 81
Prepaid gross receipts tax 31 42
Other 26 60
Total current assets 621 588
Property, plant and equipment, net 7,792 7,722
Other assets:    
Regulatory assets 579 579
Deferred charges and other 82 98
Total other assets 661 677
Total assets 9,074 8,987
Current liabilities:    
Commercial paper 60 290
Accounts payable 233 456
Regulatory liabilities 56 92
Other 163 111
Total current liabilities 512 949
Long-term debt, net (excluding current portion) 3,067 2,770
Other liabilities:    
Deferred tax liabilities 787 789
Regulatory liabilities 478 478
Pension and other benefit obligations 139 140
Other 378 370
Total other liabilities 1,782 1,777
Commitments and contingencies (Note 13)
Common equity:    
Common stock 66 66
Additional paid-in capital 2,413 2,233
Retained earnings 1,234 1,192
Total common equity 3,713 3,491
Total liabilities and equity $ 9,074 $ 8,987