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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 13 $ 20
Accounts receivable, less allowance for expected credit losses 428 516
Production fuel, at weighted average cost 64 53
Gas stored underground, at weighted average cost 69 132
Materials and supplies, at weighted average cost 172 140
Regulatory assets 196 166
Other 196 223
Total current assets 1,138 1,250
Property, plant and equipment, net 16,306 16,247
Investments:    
ATC Holdings 372 358
Other 212 201
Total investments 584 559
Other assets:    
Regulatory assets 2,148 1,880
Deferred charges and other 207 227
Total other assets 2,355 2,107
Total assets 20,383 20,163
Current liabilities:    
Current maturities of long-term debt 409 408
Commercial paper 391 642
Other short-term borrowings 50 0
Accounts payable 585 756
Regulatory liabilities 121 206
Other 337 351
Total current liabilities 1,893 2,363
Long-term debt, net (excluding current portion) 8,186 7,668
Other liabilities:    
Deferred tax liabilities 1,969 1,943
Regulatory liabilities 1,087 1,118
Pension and other benefit obligations 262 277
Other 534 518
Total other liabilities 3,852 3,856
Commitments and contingencies (Note 13)
Common equity:    
Common stock 3 3
Additional paid-in capital 2,854 2,777
Retained earnings 3,606 3,509
Accumulated other comprehensive income 3 0
Shares in deferred compensation trust - 405,051 and 402,134 shares at a weighted average cost of $33.69 and $32.63 per share (14) (13)
Total common equity 6,452 6,276
Total liabilities and equity 20,383 20,163
IPL [Member]    
Current assets:    
Cash and cash equivalents 9 15
Accounts receivable, less allowance for expected credit losses 204 259
Production fuel, at weighted average cost 31 23
Gas stored underground, at weighted average cost 27 60
Materials and supplies, at weighted average cost 100 83
Regulatory assets 90 85
Other 78 93
Total current assets 539 618
Property, plant and equipment, net 7,923 8,046
Other assets:    
Regulatory assets 1,558 1,301
Deferred charges and other 101 110
Total other assets 1,659 1,411
Total assets 10,121 10,075
Current liabilities:    
Accounts payable 247 239
Accounts payable to associated companies 40 28
Accrued taxes 51 52
Accrued interest 35 35
Regulatory liabilities 73 114
Other 97 113
Total current liabilities 543 581
Long-term debt, net (excluding current portion) 3,702 3,646
Other liabilities:    
Deferred tax liabilities 1,061 1,047
Regulatory liabilities 603 640
Pension and other benefit obligations 60 62
Other 283 291
Total other liabilities 2,007 2,040
Commitments and contingencies (Note 13)
Common equity:    
Common stock 33 33
Additional paid-in capital 2,847 2,807
Retained earnings 989 968
Total common equity 3,869 3,808
Total liabilities and equity 10,121 10,075
WPL [Member]    
Current assets:    
Cash and cash equivalents 3 5
Accounts receivable, less allowance for expected credit losses 210 244
Production fuel, at weighted average cost 33 29
Gas stored underground, at weighted average cost 42 73
Materials and supplies, at weighted average cost 70 54
Regulatory assets 106 81
Prepaid gross receipts tax 47 42
Other 47 60
Total current assets 558 588
Property, plant and equipment, net 7,882 7,722
Other assets:    
Regulatory assets 590 579
Deferred charges and other 69 98
Total other assets 659 677
Total assets 9,099 8,987
Current liabilities:    
Commercial paper 44 290
Accounts payable 277 456
Regulatory liabilities 48 92
Other 140 111
Total current liabilities 509 949
Long-term debt, net (excluding current portion) 3,068 2,770
Other liabilities:    
Deferred tax liabilities 785 789
Regulatory liabilities 484 478
Pension and other benefit obligations 127 140
Other 387 370
Total other liabilities 1,783 1,777
Commitments and contingencies (Note 13)
Common equity:    
Common stock 66 66
Additional paid-in capital 2,413 2,233
Retained earnings 1,260 1,192
Total common equity 3,739 3,491
Total liabilities and equity $ 9,099 $ 8,987