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Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues:      
Electric utility $ 2,920 $ 3,064 $ 3,000
Gas utility 373 455 447
Other utility 49 46 48
Non-utility 74 83 39
Total revenues 3,416 3,648 3,534
Operating expenses:      
Electric production fuel and purchased power 652 777 855
Electric transmission service 449 481 496
Cost of gas sold 182 222 232
Other operation and maintenance 670 712 646
Depreciation and amortization 615 567 507
Taxes other than income taxes 108 111 104
Total operating expenses 2,676 2,870 2,840
Operating income (loss) 740 778 694
Other (income) and deductions:      
Interest expense 275 273 247
Equity income from unconsolidated investments, net (61) (53) (55)
Allowance for funds used during construction (55) (93) (76)
Other 14 15 8
Total other (income) and deductions 173 142 124
Income before income taxes 567 636 570
Income tax expense (benefit) (57) 69 48
Net income 624 567 522
Preferred dividend requirements of Interstate Power and Light Company 10 10 10
Net income attributable to common shareowners $ 614 $ 557 $ 512
Weighted average number of common shares outstanding:      
Basic (in shares) 248.4 238.5 233.6
Diluted (in shares) 248.7 239.0 233.6
Earnings per weighted average common share attributable to Alliant Energy common shareowners:      
Basic (in dollars per share) $ 2.47 $ 2.34 $ 2.19
Diluted (in dollars per share) $ 2.47 $ 2.33 $ 2.19
IPL [Member]      
Revenues:      
Electric utility $ 1,695 $ 1,781 $ 1,731
Gas utility 208 264 266
Other utility 44 44 45
Total revenues 1,947 2,089 2,042
Operating expenses:      
Electric production fuel and purchased power 352 435 469
Electric transmission service 298 340 353
Cost of gas sold 99 120 129
Other operation and maintenance 375 404 403
Depreciation and amortization 356 327 283
Taxes other than income taxes 57 60 54
Total operating expenses 1,537 1,686 1,691
Operating income (loss) 410 403 351
Other (income) and deductions:      
Interest expense 139 127 119
Allowance for funds used during construction (24) (50) (42)
Other 8 8 3
Total other (income) and deductions 123 85 80
Income before income taxes 287 318 271
Income tax expense (benefit) (47) 24 (3)
Net income 334 294 274
Preferred dividend requirements of Interstate Power and Light Company 10 10 10
Net income attributable to common shareowners 324 284 264
WPL [Member]      
Revenues:      
Electric utility 1,225 1,283 1,269
Gas utility 165 191 181
Other utility 5 2 3
Total revenues 1,395 1,476 1,453
Operating expenses:      
Electric production fuel and purchased power 300 342 386
Electric transmission service 151 141 143
Cost of gas sold 83 102 103
Other operation and maintenance 254 261 242
Depreciation and amortization 254 236 219
Taxes other than income taxes 47 47 47
Total operating expenses 1,089 1,129 1,140
Operating income (loss) 306 347 313
Other (income) and deductions:      
Interest expense 104 102 98
Allowance for funds used during construction (31) (43) (34)
Other 3 6 5
Total other (income) and deductions 76 65 69
Income before income taxes 230 282 244
Income tax expense (benefit) (19) 49 36
Net income $ 249 $ 233 $ 208