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Condensed Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues:        
Electric utility $ 1,124 $ 999 $ 2,828 $ 2,579
Gas utility 51 49 366 322
Other utility 12 12 37 36
Non-utility 23 21 67 68
Total revenues 1,210 1,081 3,298 3,005
Operating expenses:        
Electric production fuel and purchased power 239 192 564 493
Electric transmission service 166 165 474 464
Cost of gas sold 12 13 180 152
Asset valuation charge for IPL's Lansing Generating Station 0 0 0 60
Other operation and maintenance 204 174 530 510
Depreciation and amortization 211 195 631 571
Taxes other than income taxes 29 29 91 90
Total operating expenses 861 768 2,470 2,340
Operating income 349 313 828 665
Other (income) and deductions:        
Interest expense 128 114 372 329
Equity income from unconsolidated investments, net (18) (14) (41) (44)
Allowance for funds used during construction (24) (20) (65) (58)
Other 0 0 3 2
Total other (income) and deductions 86 80 269 229
Income before income taxes 263 233 559 436
Income tax expense (benefit) (18) (62) (109) (104)
Net income attributable to common shareowners $ 281 $ 295 $ 668 $ 540
Weighted average number of common shares outstanding:        
Basic (in shares) 257,000 256,600 256,900 256,400
Diluted (in shares) 257,800 256,900 257,500 256,700
Earnings per weighted average common share attributable to Alliant Energy common shareowners:        
Basic (in dollars per share) $ 1.09 $ 1.15 $ 2.60 $ 2.11
Diluted (in dollars per share) $ 1.09 $ 1.15 $ 2.59 $ 2.10
IPL [Member]        
Revenues:        
Electric utility $ 608 $ 523 $ 1,455 $ 1,318
Gas utility 27 27 185 175
Other utility 12 11 36 34
Total revenues 647 561 1,676 1,527
Operating expenses:        
Electric production fuel and purchased power 106 79 213 195
Electric transmission service 115 115 322 317
Cost of gas sold 7 8 89 85
Asset valuation charge for IPL's Lansing Generating Station 0 0 0 60
Other operation and maintenance 108 96 275 281
Depreciation and amortization 116 100 346 294
Taxes other than income taxes 15 14 44 45
Total operating expenses 467 412 1,289 1,277
Operating income 180 149 387 250
Other (income) and deductions:        
Interest expense 54 44 154 128
Allowance for funds used during construction (15) (13) (37) (34)
Other (3) (4) (6) (4)
Total other (income) and deductions 36 27 111 90
Income before income taxes 144 122 276 160
Income tax expense (benefit) (21) (68) (98) (112)
Net income attributable to common shareowners 165 190 374 272
WPL [Member]        
Revenues:        
Electric utility 516 476 1,373 1,261
Gas utility 24 22 181 147
Other utility 0 1 1 2
Total revenues 540 499 1,555 1,410
Operating expenses:        
Electric production fuel and purchased power 133 112 351 298
Electric transmission service 51 49 152 148
Cost of gas sold 5 5 91 67
Other operation and maintenance 84 72 222 200
Depreciation and amortization 92 91 275 269
Taxes other than income taxes 13 14 42 41
Total operating expenses 378 343 1,133 1,023
Operating income 162 156 422 387
Other (income) and deductions:        
Interest expense 43 42 129 124
Allowance for funds used during construction (9) (7) (28) (24)
Other 4 3 9 4
Total other (income) and deductions 38 38 110 104
Income before income taxes 124 118 312 283
Income tax expense (benefit) 1 4 (9) 13
Net income attributable to common shareowners $ 123 $ 114 $ 321 $ 270