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Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues:      
Electric utility $ 3,697 $ 3,372 $ 3,345
Gas utility 525 465 540
Other utility 51 54 52
Non-utility 89 90 90
Total revenues 4,362 3,981 4,027
Operating expenses:      
Electric production fuel and purchased power 742 628 736
Electric transmission service 625 613 583
Cost of gas sold 263 224 299
Asset valuation charge for IPL's Lansing Generating Station 0 60 0
Other operation and maintenance 740 676 675
Depreciation and amortization 846 772 676
Taxes other than income taxes 121 122 115
Total operating expenses 3,337 3,095 3,084
Operating income (loss) 1,025 886 943
Other (income) and deductions:      
Interest expense 512 449 394
Equity income from unconsolidated investments, net (60) (61) (61)
Allowance for funds used during construction (89) (75) (100)
Other 1 (3) 3
Total other (income) and deductions 364 310 236
Income before income taxes 661 576 707
Income tax expense (benefit) (149) (114) 4
Net income attributable to common shareowners $ 810 $ 690 $ 703
Weighted average number of common shares outstanding:      
Basic (in shares) 257.0 256.5 253.0
Diluted (in shares) 257.8 256.8 253.3
Earnings per weighted average common share attributable to Alliant Energy common shareowners:      
Basic (in dollars per share) $ 3.15 $ 2.69 $ 2.78
Diluted (in dollars per share) $ 3.14 $ 2.69 $ 2.78
IPL [Member]      
Revenues:      
Electric utility $ 1,896 $ 1,747 $ 1,761
Gas utility 265 250 300
Other utility 47 49 49
Total revenues 2,208 2,046 2,110
Operating expenses:      
Electric production fuel and purchased power 283 269 282
Electric transmission service 422 417 420
Cost of gas sold 130 123 166
Asset valuation charge for IPL's Lansing Generating Station 0 60 0
Other operation and maintenance 373 358 353
Depreciation and amortization 463 404 388
Taxes other than income taxes 59 60 57
Total operating expenses 1,730 1,691 1,666
Operating income (loss) 478 355 444
Other (income) and deductions:      
Interest expense 211 177 155
Allowance for funds used during construction (56) (43) (21)
Other (7) (12) 2
Total other (income) and deductions 148 122 136
Income before income taxes 330 233 308
Income tax expense (benefit) (127) (129) (58)
Net income attributable to common shareowners 457 362 366
WPL [Member]      
Revenues:      
Electric utility 1,801 1,625 1,584
Gas utility 260 215 240
Other utility 4 5 3
Total revenues 2,065 1,845 1,827
Operating expenses:      
Electric production fuel and purchased power 459 359 455
Electric transmission service 203 196 163
Cost of gas sold 133 101 134
Other operation and maintenance 306 279 271
Depreciation and amortization 370 357 280
Taxes other than income taxes 55 56 52
Total operating expenses 1,526 1,348 1,355
Operating income (loss) 539 497 472
Other (income) and deductions:      
Interest expense 173 165 149
Allowance for funds used during construction (33) (32) (79)
Other 12 8 (3)
Total other (income) and deductions 152 141 67
Income before income taxes 387 356 405
Income tax expense (benefit) (14) 11 60
Net income attributable to common shareowners $ 401 $ 345 $ 345