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Common Equity (Changes in Shareowners' Equity) (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Changes in Shareowners' Equity Roll Forward [Line Items]        
Beginning balance     $ 6,777  
Beginning balance $ 6,817 $ 6,328 6,777 $ 6,276
Net income attributable to common shareowners 87 160 245 323
Net income     245 323
Common stock dividends (123) (113) (246) (226)
Shareowner Direct Plan issuances 6 70 12 76
Equity-based compensation plans and other 3 3 1 0
Other comprehensive income (loss), net of tax 1 4 2 3
Ending balance 6,791   6,791  
Ending balance $ 6,791 $ 6,452 $ 6,791 $ 6,452
Common stock dividends (in dollars per share) $ 0.48 $ 0.4525 $ 0.96 $ 0.905
Common Stock [Member]        
Changes in Shareowners' Equity Roll Forward [Line Items]        
Beginning balance $ 3 $ 3 $ 3 $ 3
Ending balance 3 3 3 3
Additional Paid-in Capital [Member]        
Changes in Shareowners' Equity Roll Forward [Line Items]        
Beginning balance 3,033 2,780 3,030 2,777
Shareowner Direct Plan issuances 6 70 12 76
Equity-based compensation plans and other 3 4   1
Ending balance 3,042 2,854 3,042 2,854
Retained Earnings [Member]        
Changes in Shareowners' Equity Roll Forward [Line Items]        
Beginning balance 3,791 3,559 3,756 3,509
Net income attributable to common shareowners 87 160 245 323
Common stock dividends (123) (113) (246) (226)
Ending balance 3,755 3,606 3,755 3,606
Accumulated Other Comprehensive Income (Loss) [Member]        
Changes in Shareowners' Equity Roll Forward [Line Items]        
Beginning balance 2 (1) 1 0
Other comprehensive income (loss), net of tax 1 4 2 3
Ending balance 3 3 3 3
Shares in Deferred Compensation Trust [Member]        
Changes in Shareowners' Equity Roll Forward [Line Items]        
Beginning balance (12) (13) (13) (13)
Equity-based compensation plans and other   (1) 1 (1)
Ending balance (12) (14) (12) (14)
IPL [Member]        
Changes in Shareowners' Equity Roll Forward [Line Items]        
Beginning balance     3,974  
Beginning balance 4,037 3,810 3,974 3,808
Net income attributable to common shareowners 18 89 81 161
Net income 18 89 81 161
Common stock dividends (50) (70) (100) (140)
Capital contributions from parent 75 40 125 40
Ending balance 4,080   4,080  
Ending balance 4,080 3,869 4,080 3,869
IPL [Member] | Common Stock [Member]        
Changes in Shareowners' Equity Roll Forward [Line Items]        
Beginning balance 33 33 33 33
Ending balance 33 33 33 33
IPL [Member] | Additional Paid-in Capital [Member]        
Changes in Shareowners' Equity Roll Forward [Line Items]        
Beginning balance 2,937 2,807 2,887 2,807
Capital contributions from parent 75 40 125 40
Ending balance 3,012 2,847 3,012 2,847
IPL [Member] | Retained Earnings [Member]        
Changes in Shareowners' Equity Roll Forward [Line Items]        
Beginning balance 1,067 970 1,054 968
Net income 18 89 81 161
Common stock dividends (50) (70) (100) (140)
Ending balance 1,035 989 1,035 989
WPL [Member]        
Changes in Shareowners' Equity Roll Forward [Line Items]        
Beginning balance     3,897  
Beginning balance 3,995 3,713 3,897 3,491
Net income attributable to common shareowners 64 72 156 160
Net income 64 72 156 160
Common stock dividends (49) (46) (98) (92)
Capital contributions from parent     55 180
Ending balance 4,010   4,010  
Ending balance 4,010 3,739 4,010 3,739
WPL [Member] | Common Stock [Member]        
Changes in Shareowners' Equity Roll Forward [Line Items]        
Beginning balance 66 66 66 66
Ending balance 66 66 66 66
WPL [Member] | Additional Paid-in Capital [Member]        
Changes in Shareowners' Equity Roll Forward [Line Items]        
Beginning balance 2,533 2,413 2,478 2,233
Capital contributions from parent     55 180
Ending balance 2,533 2,413 2,533 2,413
WPL [Member] | Retained Earnings [Member]        
Changes in Shareowners' Equity Roll Forward [Line Items]        
Beginning balance 1,396 1,234 1,353 1,192
Net income 64 72 156 160
Common stock dividends (49) (46) (98) (92)
Ending balance $ 1,411 $ 1,260 $ 1,411 $ 1,260