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Condensed Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Electric utility $ 853 $ 791
Gas utility 240 205
Other utility 13 13
Non-utility 22 22
Total revenues 1,128 1,031
Operating expenses:    
Electric production fuel and purchased power 175 163
Electric transmission service 158 152
Cost of gas sold 137 114
Other operation and maintenance 160 160
Depreciation and amortization 211 189
Taxes other than income taxes 30 31
Total operating expenses 871 809
Operating income 257 222
Other (income) and deductions:    
Interest expense 119 107
Equity income from unconsolidated investments, net (13) (15)
Allowance for funds used during construction (18) (19)
Other 3 1
Total other (income) and deductions 91 74
Income before income taxes 166 148
Income tax expense (benefit) (47) (10)
Net income attributable to common shareowners $ 213 $ 158
Weighted average number of common shares outstanding:    
Basic (in shares) 256,800 256,200
Diluted (in shares) 257,200 256,500
Earnings per weighted average common share attributable to Alliant Energy common shareowners:    
Basic (in dollars per share) $ 0.83 $ 0.62
Diluted (in dollars per share) $ 0.83 $ 0.62
IPL [Member]    
Revenues:    
Electric utility $ 430 $ 392
Gas utility 118 108
Other utility 12 13
Total revenues 560 513
Operating expenses:    
Electric production fuel and purchased power 67 67
Electric transmission service 108 103
Cost of gas sold 65 60
Other operation and maintenance 82 86
Depreciation and amortization 115 96
Taxes other than income taxes 15 16
Total operating expenses 452 428
Operating income 108 85
Other (income) and deductions:    
Interest expense 47 42
Allowance for funds used during construction (9) (10)
Total other (income) and deductions 38 32
Income before income taxes 70 53
Income tax expense (benefit) (40) (10)
Net income attributable to common shareowners 110 63
WPL [Member]    
Revenues:    
Electric utility 423 399
Gas utility 122 97
Other utility 1 0
Total revenues 546 496
Operating expenses:    
Electric production fuel and purchased power 108 96
Electric transmission service 50 49
Cost of gas sold 72 53
Other operation and maintenance 67 63
Depreciation and amortization 93 90
Taxes other than income taxes 14 14
Total operating expenses 404 365
Operating income 142 131
Other (income) and deductions:    
Interest expense 43 41
Allowance for funds used during construction (9) (9)
Other 3 1
Total other (income) and deductions 37 33
Income before income taxes 105 98
Income tax expense (benefit) (5) 6
Net income attributable to common shareowners $ 110 $ 92