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Benefit Plans (Funded Status of Benefits Plans) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Pension Plans, Defined Benefit [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Projected benefit obligations $ 824 $ 841  
Change in benefit obligation:      
Net benefit obligation at January 1 841 876  
Service cost 4 5 $ 5
Interest cost 46 45 47
Plan participants' contributions 0 0  
Actuarial (gain) loss 17 (19)  
Gross benefits paid (84) (66)  
Net benefit obligation at December 31 824 841 876
Change in plan assets:      
Fair value of plan assets at January 1 715 732  
Actual return on plan assets 93 38  
Employer contributions 23 11  
Plan participants' contributions 0 0  
Gross benefits paid (84) (66)  
Fair value of plan assets at December 31 747 715 732
Under funded status at December 31 (77) (126)  
Fair value of plan assets 747 715  
Pension Plans, Defined Benefit [Member] | IPL [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Projected benefit obligations 363 372  
Change in benefit obligation:      
Net benefit obligation at January 1 372 387  
Service cost 3 3 3
Interest cost 20 20 21
Plan participants' contributions 0 0  
Actuarial (gain) loss 6 (8)  
Gross benefits paid (38) (30)  
Net benefit obligation at December 31 363 372 387
Change in plan assets:      
Fair value of plan assets at January 1 340 352  
Actual return on plan assets 43 18  
Employer contributions 1 0  
Plan participants' contributions 0 0  
Gross benefits paid (38) (30)  
Fair value of plan assets at December 31 346 340 352
Under funded status at December 31 (17) (32)  
Fair value of plan assets 346 340  
Pension Plans, Defined Benefit [Member] | WPL [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Projected benefit obligations 362 365  
Change in benefit obligation:      
Net benefit obligation at January 1 365 381  
Service cost 1 2 2
Interest cost 20 20 20
Plan participants' contributions 0 0  
Actuarial (gain) loss 9 (8)  
Gross benefits paid (33) (30)  
Net benefit obligation at December 31 362 365 381
Change in plan assets:      
Fair value of plan assets at January 1 303 306  
Actual return on plan assets 41 17  
Employer contributions 16 10  
Plan participants' contributions 0 0  
Gross benefits paid (33) (30)  
Fair value of plan assets at December 31 327 303 306
Under funded status at December 31 (35) (62)  
Fair value of plan assets 327 303  
Other Postretirement Benefits Plans [Member]      
Change in benefit obligation:      
Net benefit obligation at January 1 148 160  
Service cost 1 2 2
Interest cost 8 8 9
Plan participants' contributions 4 3  
Actuarial (gain) loss 6 (7)  
Gross benefits paid (21) (18)  
Net benefit obligation at December 31 146 148 160
Change in plan assets:      
Fair value of plan assets at January 1 80 83  
Actual return on plan assets 7 5  
Employer contributions 8 7  
Plan participants' contributions 4 3  
Gross benefits paid (21) (18)  
Fair value of plan assets at December 31 78 80 83
Under funded status at December 31 (68) (68)  
Other Postretirement Benefits Plans [Member] | IPL [Member]      
Change in benefit obligation:      
Net benefit obligation at January 1 59 65  
Service cost 1 1 1
Interest cost 3 3 3
Plan participants' contributions 2 1  
Actuarial (gain) loss 3 (3)  
Gross benefits paid (9) (8)  
Net benefit obligation at December 31 59 59 65
Change in plan assets:      
Fair value of plan assets at January 1 59 61  
Actual return on plan assets 6 4  
Employer contributions 2 1  
Plan participants' contributions 2 1  
Gross benefits paid (9) (8)  
Fair value of plan assets at December 31 60 59 61
Under funded status at December 31 1 0  
Other Postretirement Benefits Plans [Member] | WPL [Member]      
Change in benefit obligation:      
Net benefit obligation at January 1 56 61  
Service cost 1 1 1
Interest cost 3 3 3
Plan participants' contributions 1 1  
Actuarial (gain) loss 2 (3)  
Gross benefits paid (8) (7)  
Net benefit obligation at December 31 55 56 61
Change in plan assets:      
Fair value of plan assets at January 1 13 14  
Actual return on plan assets 2 0  
Employer contributions 6 5  
Plan participants' contributions 1 1  
Gross benefits paid (8) (7)  
Fair value of plan assets at December 31 14 13 $ 14
Under funded status at December 31 $ (41) $ (43)