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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 827 $ 62
Accounts receivable, less allowance for expected credit losses 463 475
Production fuel, at weighted average cost 60 62
Gas stored underground, at weighted average cost 60 79
Materials and supplies, at weighted average cost 200 202
Regulatory assets 214 232
Other 144 160
Total current assets 1,968 1,272
Property, plant and equipment, net 17,936 17,157
Investments:    
ATC Holdings 407 386
Other 226 216
Total investments 633 602
Other assets:    
Regulatory assets 2,136 2,029
Deferred charges and other 156 177
Total other assets 2,292 2,206
Total assets 22,829 21,237
Current liabilities:    
Current maturities of long-term debt 1,104 809
Commercial paper 330 475
Accounts payable 473 611
Regulatory liabilities 81 107
Other 300 302
Total current liabilities 2,288 2,304
Long-term debt, net (excluding current portion) 9,245 8,225
Other liabilities:    
Deferred tax liabilities 2,164 2,042
Regulatory liabilities 991 1,023
Pension and other benefit obligations 234 249
Other 939 617
Total other liabilities 4,328 3,931
Commitments and contingencies (Note 14)
Common equity:    
Common stock 3 3
Additional paid-in capital 3,052 3,030
Retained earnings 3,927 3,756
Accumulated other comprehensive income (loss) (1) 1
Shares in deferred compensation trust - 362,813 and 379,006 shares at a weighted average cost of $35.94 and $34.48 per share (13) (13)
Total common equity 6,968 6,777
Total liabilities and equity 22,829 21,237
IPL [Member]    
Current assets:    
Cash and cash equivalents 756 53
Accounts receivable, less allowance for expected credit losses 234 242
Production fuel, at weighted average cost 34 27
Gas stored underground, at weighted average cost 26 35
Materials and supplies, at weighted average cost 118 122
Regulatory assets 93 93
Other 71 51
Total current assets 1,332 623
Property, plant and equipment, net 8,801 8,298
Other assets:    
Regulatory assets 1,475 1,484
Deferred charges and other 72 84
Total other assets 1,547 1,568
Total assets 11,680 10,489
Current liabilities:    
Current maturities of long-term debt 800 500
Accounts payable 240 262
Accrued taxes 61 50
Accrued interest 45 40
Regulatory liabilities 34 72
Other 93 101
Total current liabilities 1,273 1,025
Long-term debt, net (excluding current portion) 3,789 3,445
Other liabilities:    
Deferred tax liabilities 1,195 1,091
Regulatory liabilities 519 572
Pension and other benefit obligations 47 51
Other 437 331
Total other liabilities 2,198 2,045
Commitments and contingencies (Note 14)
Common equity:    
Common stock 33 33
Additional paid-in capital 3,212 2,887
Retained earnings 1,175 1,054
Total common equity 4,420 3,974
Total liabilities and equity 11,680 10,489
WPL [Member]    
Current assets:    
Cash and cash equivalents 69 7
Accounts receivable, less allowance for expected credit losses 214 219
Production fuel, at weighted average cost 26 35
Gas stored underground, at weighted average cost 34 44
Materials and supplies, at weighted average cost 77 77
Regulatory assets 121 139
Prepaid gross receipts tax 37 49
Other 30 43
Total current assets 608 613
Property, plant and equipment, net 8,613 8,415
Other assets:    
Regulatory assets 661 545
Deferred charges and other 56 61
Total other assets 717 606
Total assets 9,938 9,634
Current liabilities:    
Commercial paper 0 318
Accounts payable 168 293
Accrued interest 41 40
Regulatory liabilities 47 35
Other 95 89
Total current liabilities 351 775
Long-term debt, net (excluding current portion) 3,369 3,070
Other liabilities:    
Deferred tax liabilities 843 827
Regulatory liabilities 472 451
Pension and other benefit obligations 109 121
Other 719 493
Total other liabilities 2,143 1,892
Commitments and contingencies (Note 14)
Common equity:    
Common stock 66 66
Additional paid-in capital 2,533 2,478
Retained earnings 1,476 1,353
Total common equity 4,075 3,897
Total liabilities and equity $ 9,938 $ 9,634