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v3.20.2

Condensed Consolidated Statements Of Income - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019
Revenues: |  |  |  |
Electric utility | $ 675.2 | $ 691.2 | $ 1,405.5 | $ 1,434.6
Gas utility | 58.9 | 65.2 | 211.1 | 281.0
Other utility | 10.1 | 10.9 | 21.7 | 22.0
Non-utility | 18.9 | 22.9 | 40.5 | 39.8
Total revenues | 763.1 | 790.2 | 1,678.8 | 1,777.4
Operating expenses: |  |  |  |
Electric production fuel and purchased power | 163.5 | 164.8 | 347.6 | 383.2
Electric transmission service | 71.6 | 112.4 | 193.8 | 235.4
Cost of gas sold | 20.9 | 20.4 | 105.9 | 142.0
Other operation and maintenance | 159.8 | 172.3 | 322.0 | 353.5
Depreciation and amortization | 152.1 | 142.9 | 298.4 | 279.8
Taxes other than income taxes | 27.1 | 27.6 | 54.7 | 56.9
Total operating expenses | 595.0 | 640.4 | 1,322.4 | 1,450.8
Operating income | 168.1 | 149.8 | 356.4 | 326.6
Other (income) and deductions: |  |  |  |
Interest expense | 69.6 | 69.2 | 138.5 | 135.5
Equity income from unconsolidated investments, net | (17.4) | (12.7) | (30.8) | (23.6)
Allowance for funds used during construction | (15.2) | (18.3) | (38.2) | (43.7)
Other | 2.5 | 3.3 | 4.4 | 7.3
Total other (income) and deductions | 39.5 | 41.5 | 73.9 | 75.5
Income before income taxes | 128.6 | 108.3 | 282.5 | 251.1
Income tax expense (benefit) | (8.3) | 11.2 | (27.0) | 26.3
Net income | 136.9 | 97.1 | 309.5 | 224.8
Preferred dividend requirements of Interstate Power and Light Company | 2.5 | 2.5 | 5.1 | 5.1
Net income attributable to common shareowners | $ 134.4 | $ 94.6 | $ 304.4 | $ 219.7
Weighted average number of common shares outstanding: |  |  |  |
Basic (in shares) | 249.6 | 237.5 | 247.0 | 237.0
Diluted (in shares) | 249.8 | 238.1 | 247.2 | 237.3
Earnings per weighted average common share attributable to Alliant Energy common shareowners (basic and diluted) (in dollars per share) | $ 0.54 | $ 0.40 | $ 1.23 | $ 0.93
IPL [Member] |  |  |  |
Revenues: |  |  |  |
Electric utility | $ 388.4 | $ 392.3 | $ 813.2 | $ 812.1
Gas utility | 33.9 | 38.4 | 116.9 | 163.0
Other utility | 9.6 | 10.5 | 20.7 | 21.2
Total revenues | 431.9 | 441.2 | 950.8 | 996.3
Operating expenses: |  |  |  |
Electric production fuel and purchased power | 96.0 | 83.3 | 202.2 | 212.2
Electric transmission service | 34.0 | 77.4 | 118.5 | 165.1
Cost of gas sold | 12.4 | 10.8 | 56.6 | 74.1
Other operation and maintenance | 97.5 | 97.4 | 184.1 | 205.4
Depreciation and amortization | 88.7 | 82.6 | 174.6 | 159.7
Taxes other than income taxes | 14.6 | 15.2 | 29.4 | 31.8
Total operating expenses | 343.2 | 366.7 | 765.4 | 848.3
Operating income | 88.7 | 74.5 | 185.4 | 148.0
Other (income) and deductions: |  |  |  |
Interest expense | 34.8 | 31.5 | 69.3 | 60.9
Allowance for funds used during construction | (5.6) | (7.9) | (15.4) | (23.7)
Other | 1.0 | 1.5 | 1.9 | 3.4
Total other (income) and deductions | 30.2 | 25.1 | 55.8 | 40.6
Income before income taxes | 58.5 | 49.4 | 129.6 | 107.4
Income tax expense (benefit) | (3.8) | 1.9 | (17.9) | 4.0
Net income | 62.3 | 47.5 | 147.5 | 103.4
Preferred dividend requirements of Interstate Power and Light Company | 2.5 | 2.5 | 5.1 | 5.1
Net income attributable to common shareowners | 59.8 | 45.0 | 142.4 | 98.3
WPL [Member] |  |  |  |
Revenues: |  |  |  |
Electric utility | 286.8 | 298.9 | 592.3 | 622.5
Gas utility | 25.0 | 26.8 | 94.2 | 118.0
Other utility | 0.5 | 0.4 | 1.0 | 0.8
Total revenues | 312.3 | 326.1 | 687.5 | 741.3
Operating expenses: |  |  |  |
Electric production fuel and purchased power | 67.5 | 81.5 | 145.4 | 171.0
Electric transmission service | 37.6 | 35.0 | 75.3 | 70.3
Cost of gas sold | 8.5 | 9.6 | 49.3 | 67.9
Other operation and maintenance | 53.2 | 62.4 | 107.4 | 125.9
Depreciation and amortization | 62.0 | 59.1 | 121.1 | 117.7
Taxes other than income taxes | 11.8 | 11.5 | 23.5 | 23.4
Total operating expenses | 240.6 | 259.1 | 522.0 | 576.2
Operating income | 71.7 | 67.0 | 165.5 | 165.1
Other (income) and deductions: |  |  |  |
Interest expense | 27.3 | 26.1 | 52.4 | 51.9
Allowance for funds used during construction | (9.5) | (10.4) | (22.7) | (20.0)
Other | 0.8 | 1.6 | 1.3 | 3.2
Total other (income) and deductions | 18.6 | 17.3 | 31.0 | 35.1
Income before income taxes | 53.1 | 49.7 | 134.5 | 130.0
Income tax expense (benefit) | (4.5) | 7.7 | (12.7) | 22.3
Net income | $ 57.6 | $ 42.0 | $ 147.2 | $ 107.7

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