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Income Taxes (Tables)
6 Months Ended
Jun. 30, 2012
Income Tax [Line Items]  
Schedule Of Effective Income Tax Rates
The effective income tax rates shown in the following table for the three and six months ended June 30 were computed by dividing income tax expense (benefit) by income from continuing operations before income taxes.
 
Three Months
 
Six Months
 
2012
 
2011
 
2012
 
2011
Alliant Energy
19.5
%
 
(25.9
%)
 
28.3
%
 
7.8
%
IPL
(12.0
%)
 
(233.3
%)
 
22.6
%
 
3.4
%
WPL
34.6
%
 
31.1
%
 
39.4
%
 
32.0
%
Production Tax Credits (Net Of State Tax Impacts)
For the three and six months ended June 30, production tax credits (net of state tax impacts) resulting from these wind projects were as follows (in millions):
 
Three Months
 
Six Months
 
2012
 
2011
 
2012
 
2011
Cedar Ridge (WPL)

$1.0

 

$1.1

 

$2.3

 

$2.6

Bent Tree - Phase I (WPL)
2.7

 
2.8

 
4.2

 
5.3

Subtotal (WPL)
3.7

 
3.9

 
6.5

 
7.9

Whispering Willow - East (IPL)
3.1

 
3.6

 
6.7

 
6.4

 

$6.8

 

$7.5

 

$13.2

 

$14.3

Alliant Energy [Member]
 
Income Tax [Line Items]  
Summary Of Tax Credit Carryforwards
At June 30, 2012, tax carryforwards and associated deferred tax assets and expiration dates were estimated as follows (in millions):
Alliant Energy
Carryforward
Amount
 
Deferred
Tax Assets
 
Earliest
Expiration Date
Federal net operating losses

$1,026

 

$352

 
2028
Federal net operating losses offset - uncertain tax positions
(57
)
 
(20
)
 
 
State net operating losses
756

 
39

 
2014
State net operating losses offset - uncertain tax positions
(27
)
 
(2
)
 
 
Federal tax credits
122

 
121

 
2022
 
 
 

$490

 
 
IPL [Member]
 
Income Tax [Line Items]  
Summary Of Tax Credit Carryforwards
IPL
Carryforward
Amount
 
Deferred
Tax Assets
 
Earliest
Expiration Date
Federal net operating losses

$472

 

$162

 
2028
Federal net operating losses offset - uncertain tax positions
(26
)
 
(9
)
 
 
State net operating losses
171

 
10

 
2022
Federal tax credits
32

 
32

 
2022
 
 
 

$195

 
 
WPL [Member]
 
Income Tax [Line Items]  
Summary Of Tax Credit Carryforwards
WPL
Carryforward
Amount
 
Deferred
Tax Assets
 
Earliest
Expiration Date
Federal net operating losses

$437

 

$150

 
2028
Federal net operating losses offset - uncertain tax positions
(31
)
 
(11
)
 
 
State net operating losses
142

 
7

 
2022
State net operating losses offset - uncertain tax positions
(27
)
 
(2
)
 
 
Federal tax credits
33

 
33

 
2022
 
 
 

$177