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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 20 $ 54
Accounts receivable, less allowance for expected credit losses 392 412
Production fuel, at weighted average cost 42 66
Gas stored underground, at weighted average cost 58 46
Materials and supplies, at weighted average cost 118 105
Regulatory assets 111 81
Other 274 123
Total current assets 1,015 887
Property, plant and equipment, net 14,738 14,336
Investments:    
ATC Holdings 338 331
Other 176 154
Total investments 514 485
Other assets:    
Regulatory assets 1,907 1,929
Deferred charges and other 155 73
Total other assets 2,062 2,002
Total assets 18,329 17,710
Current liabilities:    
Current maturities of long-term debt 383 8
Commercial paper 316 389
Accounts payable 361 377
Regulatory liabilities 231 249
Other 266 274
Total current liabilities 1,557 1,297
Long-term debt, net (excluding current portion) 6,692 6,769
Other liabilities:    
Deferred tax liabilities 1,906 1,814
Regulatory liabilities 1,130 1,057
Pension and other benefit obligations 452 511
Other 407 374
Total other liabilities 3,895 3,756
Commitments and contingencies (Note 14)
Common equity:    
Common stock 3 2
Additional paid-in capital 2,733 2,704
Retained earnings 3,261 2,994
Accumulated other comprehensive loss (1) (1)
Shares in deferred compensation trust - 377,875 and 380,542 shares at a weighted average cost of $30.14 and $28.73 per share (11) (11)
Total common equity 5,985 5,688
Cumulative preferred stock of Interstate Power and Light Company 200 200
Total equity 6,185 5,888
Total liabilities and equity 18,329 17,710
IPL [Member]    
Current assets:    
Cash and cash equivalents 13 50
Accounts receivable, less allowance for expected credit losses 205 210
Production fuel, at weighted average cost 32 48
Gas stored underground, at weighted average cost 33 20
Materials and supplies, at weighted average cost 71 63
Regulatory assets 86 52
Other 108 53
Total current assets 548 496
Property, plant and equipment, net 7,931 7,889
Other assets:    
Regulatory assets 1,421 1,431
Deferred charges and other 78 33
Total other assets 1,499 1,464
Total assets 9,978 9,849
Current liabilities:    
Accounts payable 140 162
Regulatory liabilities 104 103
Other 171 182
Total current liabilities 415 447
Long-term debt, net (excluding current portion) 3,347 3,345
Other liabilities:    
Deferred tax liabilities 1,079 1,035
Regulatory liabilities 616 573
Pension and other benefit obligations 161 186
Other 325 299
Total other liabilities 2,181 2,093
Commitments and contingencies (Note 14)
Common equity:    
Common stock 33 33
Additional paid-in capital 2,802 2,752
Retained earnings 1,000 979
Total common equity 3,835 3,764
Cumulative preferred stock of Interstate Power and Light Company 200 200
Total equity 4,035 3,964
Total liabilities and equity 9,978 9,849
WPL [Member]    
Current assets:    
Cash and cash equivalents 4 3
Accounts receivable, less allowance for expected credit losses 175 192
Production fuel, at weighted average cost 10 18
Gas stored underground, at weighted average cost 25 26
Materials and supplies, at weighted average cost 45 40
Regulatory assets 25 29
Prepaid gross receipts tax 29 42
Other 99 12
Total current assets 412 362
Property, plant and equipment, net 6,367 6,022
Other assets:    
Regulatory assets 486 498
Deferred charges and other 76 30
Total other assets 562 528
Total assets 7,341 6,912
Current liabilities:    
Commercial paper 3 257
Accounts payable 160 154
Regulatory liabilities 127 146
Other 116 117
Total current liabilities 406 674
Long-term debt, net (excluding current portion) 2,429 2,130
Other liabilities:    
Deferred tax liabilities 747 702
Regulatory liabilities 514 484
Finance lease obligations - Sheboygan Falls Energy Facility 34 42
Pension and other benefit obligations 193 222
Other 206 180
Total other liabilities 1,694 1,630
Commitments and contingencies (Note 14)
Common equity:    
Common stock 66 66
Additional paid-in capital 1,704 1,459
Retained earnings 1,042 953
Total common equity 2,812 2,478
Total equity 2,812 2,478
Total liabilities and equity $ 7,341 $ 6,912