Discontinued Operations

6 Months Ended

Jun. 30, 2011

Discontinued Operations

Discontinued Operations

(14) DISCONTINUED OPERATIONS

In March 2011, Alliant Energy sold its Industrial Energy Applications, Inc. (IEA) business to narrow its strategic focus and risk profile and received net proceeds of $5 million. IEA was included in Alliant Energy's "Non-regulated, Parent and Other - Other" segment. The operating results of IEA have been separately classified and reported as discontinued operations in Alliant Energy's Condensed Consolidated Statements of Income. A summary of the components of discontinued operations in Alliant Energy's Condensed Consolidated Statements of Income for the three and six months ended June 30 was as follows (in millions):

	Three Months					Six Months
	2011		2010			2011			2010
Operating revenues	$	—	$	1.8		$	1.1		$	3.0
Operating expenses		—		0.8			0.6			1.7
Gain on sale of IEA		—		—			(2.5	)		—
Interest expense and other		—		0.1			—			0.2
Income before income taxes		—		0.9			3.0			1.1
Income taxes		—		1.1			1.7			1.3
Income (loss) from discontinued operations, net of tax	$	—	($	0.2	)	$	1.3		($	0.2	)

In June 2011, RMT sold its environmental business unit and received net proceeds of $12 million. RMT's environmental business unit was included in Alliant Energy's "Non-regulated, Parent and Other - RMT" segment. The operating results of RMT's environmental business unit and the gain realized from the sale of RMT's environmental business unit were not material and therefore have not been separately classified and reported as discontinued operations in Alliant Energy's Condensed Consolidated Statements of Income.