XML 22 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Electric utility $ 999 $ 995 $ 2,579 $ 2,562
Gas utility 49 47 322 400
Other utility 12 13 36 38
Non-utility 21 22 68 66
Total revenues 1,081 1,077 3,005 3,066
Operating expenses:        
Electric production fuel and purchased power 192 231 493 553
Electric transmission service 165 154 464 438
Cost of gas sold 13 12 152 226
Asset valuation charge for IPL's Lansing Generating Station 0 0 60 0
Other operation and maintenance 174 160 510 499
Depreciation and amortization 195 170 571 503
Taxes other than income taxes 29 28 90 87
Total operating expenses 768 755 2,340 2,306
Operating income 313 322 665 760
Other (income) and deductions:        
Interest expense 114 99 329 289
Equity income from unconsolidated investments, net (14) (14) (44) (45)
Allowance for funds used during construction (20) (28) (58) (71)
Other 0 1 2 2
Total other (income) and deductions 80 58 229 175
Income before income taxes 233 264 436 585
Income tax expense (benefit) (62) 5 (104) 3
Net income attributable to common shareowners $ 295 $ 259 $ 540 $ 582
Weighted average number of common shares outstanding:        
Basic (in shares) 256,600 253,500 256,400 252,100
Diluted (in shares) 256,900 253,800 256,700 252,400
Earnings per weighted average common share attributable to Alliant Energy common shareowners:        
Basic (in dollars per share) $ 1.15 $ 1.02 $ 2.11 $ 2.31
Diluted (in dollars per share) $ 1.15 $ 1.02 $ 2.10 $ 2.31
IPL [Member]        
Revenues:        
Electric utility $ 523 $ 551 $ 1,318 $ 1,370
Gas utility 27 31 175 224
Other utility 11 12 34 36
Total revenues 561 594 1,527 1,630
Operating expenses:        
Electric production fuel and purchased power 79 99 195 213
Electric transmission service 115 115 317 316
Cost of gas sold 8 12 85 127
Asset valuation charge for IPL's Lansing Generating Station 0 0 60 0
Other operation and maintenance 96 84 281 264
Depreciation and amortization 100 97 294 288
Taxes other than income taxes 14 14 45 43
Total operating expenses 412 421 1,277 1,251
Operating income 149 173 250 379
Other (income) and deductions:        
Interest expense 44 38 128 113
Allowance for funds used during construction (13) (6) (34) (13)
Other (4) 2 (4) 3
Total other (income) and deductions 27 34 90 103
Income before income taxes 122 139 160 276
Income tax expense (benefit) (68) (31) (112) (55)
Net income attributable to common shareowners 190 170 272 331
WPL [Member]        
Revenues:        
Electric utility 476 444 1,261 1,192
Gas utility 22 16 147 176
Other utility 1 1 2 2
Total revenues 499 461 1,410 1,370
Operating expenses:        
Electric production fuel and purchased power 112 132 298 341
Electric transmission service 49 39 148 122
Cost of gas sold 5 0 67 99
Other operation and maintenance 72 64 200 197
Depreciation and amortization 91 71 269 208
Taxes other than income taxes 14 13 41 40
Total operating expenses 343 319 1,023 1,007
Operating income 156 142 387 363
Other (income) and deductions:        
Interest expense 42 38 124 110
Allowance for funds used during construction (7) (22) (24) (58)
Other 3 (2) 4 (3)
Total other (income) and deductions 38 14 104 49
Income before income taxes 118 128 283 314
Income tax expense (benefit) 4 21 13 47
Net income attributable to common shareowners $ 114 $ 107 $ 270 $ 267