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Condensed Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Electric utility $ 939 $ 852 $ 2,357 $ 2,257
Gas utility 50 42 289 253
Other utility 13 10 36 32
Non-utility 22 16 60 57
Total revenues 1,024 920 2,742 2,599
Operating expenses:        
Electric production fuel and purchased power 207 179 478 527
Electric transmission service 148 132 403 326
Cost of gas sold 18 11 149 117
Other operation and maintenance 171 143 477 465
Depreciation and amortization 165 156 494 454
Taxes other than income taxes 26 27 78 82
Total operating expenses 735 648 2,079 1,971
Operating income 289 272 663 628
Other (income) and deductions:        
Interest expense 68 68 206 207
Equity income from unconsolidated investments, net (13) (15) (47) (46)
Allowance for funds used during construction (7) (13) (16) (51)
Other 3 3 7 7
Total other (income) and deductions 51 43 150 117
Income before income taxes 238 229 513 511
Income tax benefit (21) (20) (66) (47)
Net income 259 249 579 558
Preferred dividend requirements of Interstate Power and Light Company 3 3 8 8
Net income attributable to common shareowners $ 256 $ 246 $ 571 $ 550
Weighted average number of common shares outstanding:        
Basic (in shares) 250.3 249.7 250.2 247.9
Diluted (in shares) 250.8 250.0 250.6 248.1
Earnings per weighted average common share attributable to Alliant Energy common shareowners:        
Basic (in dollars per share) $ 1.02 $ 0.99 $ 2.28 $ 2.22
Diluted (in dollars per share) $ 1.02 $ 0.98 $ 2.28 $ 2.22
IPL [Member]        
Revenues:        
Electric utility $ 555 $ 519 $ 1,343 $ 1,332
Gas utility 31 24 165 141
Other utility 13 10 35 31
Total revenues 599 553 1,543 1,504
Operating expenses:        
Electric production fuel and purchased power 101 102 215 304
Electric transmission service 103 93 274 212
Cost of gas sold 12 6 84 63
Other operation and maintenance 95 85 253 269
Depreciation and amortization 94 89 281 264
Taxes other than income taxes 14 16 42 45
Total operating expenses 419 391 1,149 1,157
Operating income 180 162 394 347
Other (income) and deductions:        
Interest expense 34 35 103 104
Allowance for funds used during construction (2) (6) (7) (21)
Other 0 1 2 3
Total other (income) and deductions 32 30 98 86
Income before income taxes 148 132 296 261
Income tax benefit (12) (19) (34) (37)
Net income 160 151 330 298
Preferred dividend requirements of Interstate Power and Light Company 3 3 8 8
Net income attributable to common shareowners 157 148 322 290
WPL [Member]        
Revenues:        
Electric utility 384 333 1,014 925
Gas utility 19 18 124 112
Other utility 0 0 1 1
Total revenues 403 351 1,139 1,038
Operating expenses:        
Electric production fuel and purchased power 105 78 263 223
Electric transmission service 44 39 128 114
Cost of gas sold 6 4 65 53
Other operation and maintenance 66 65 194 172
Depreciation and amortization 70 65 209 186
Taxes other than income taxes 12 11 35 35
Total operating expenses 303 262 894 783
Operating income 100 89 245 255
Other (income) and deductions:        
Interest expense 25 26 77 78
Allowance for funds used during construction (5) (6) (9) (29)
Other 2 1 3 3
Total other (income) and deductions 22 21 71 52
Income before income taxes 78 68 174 203
Income tax benefit (15) (5) (41) (17)
Net income $ 93 $ 73 $ 215 $ 220