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Condensed Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Electric utility $ 791 $ 768
Gas utility 205 276
Other utility 13 11
Non-utility 22 22
Total revenues 1,031 1,077
Operating expenses:    
Electric production fuel and purchased power 163 157
Electric transmission service 152 146
Cost of gas sold 114 181
Other operation and maintenance 160 174
Depreciation and amortization 189 166
Taxes other than income taxes 31 31
Total operating expenses 809 855
Operating income 222 222
Other (income) and deductions:    
Interest expense 107 94
Equity income from unconsolidated investments, net (15) (17)
Allowance for funds used during construction (19) (19)
Other 1 3
Total other (income) and deductions 74 61
Income before income taxes 148 161
Income tax expense (benefit) (10) (2)
Net income 158 163
Net income attributable to common shareowners $ 158 $ 163
Weighted average number of common shares outstanding:    
Basic (in shares) 256,200 251,200
Diluted (in shares) 256,500 251,400
Earnings per weighted average common share attributable to Alliant Energy common shareowners:    
Basic (in dollars per share) $ 0.62 $ 0.65
Diluted (in dollars per share) $ 0.62 $ 0.65
IPL [Member]    
Revenues:    
Electric utility $ 392 $ 388
Gas utility 108 150
Other utility 13 11
Total revenues 513 549
Operating expenses:    
Electric production fuel and purchased power 67 47
Electric transmission service 103 104
Cost of gas sold 60 95
Other operation and maintenance 86 95
Depreciation and amortization 96 96
Taxes other than income taxes 16 16
Total operating expenses 428 453
Operating income 85 96
Other (income) and deductions:    
Interest expense 42 37
Allowance for funds used during construction (10) (3)
Other 0 1
Total other (income) and deductions 32 35
Income before income taxes 53 61
Income tax expense (benefit) (10) (11)
Net income 63 72
WPL [Member]    
Revenues:    
Electric utility 399 380
Gas utility 97 126
Total revenues 496 506
Operating expenses:    
Electric production fuel and purchased power 96 109
Electric transmission service 49 42
Cost of gas sold 53 86
Other operation and maintenance 63 66
Depreciation and amortization 90 68
Taxes other than income taxes 14 14
Total operating expenses 365 385
Operating income 131 121
Other (income) and deductions:    
Interest expense 41 36
Allowance for funds used during construction (9) (16)
Other 1 1
Total other (income) and deductions 33 21
Income before income taxes 98 100
Income tax expense (benefit) 6 12
Net income $ 92 $ 88