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Segments Of Business
12 Months Ended
Dec. 31, 2021
Segment Reporting Information [Line Items]  
Segments Of Business SEGMENTS OF BUSINESS
Alliant Energy - Alliant Energy’s principal businesses as of December 31, 2021 are:
Utility - includes the operations of IPL and WPL, which primarily serve retail customers in Iowa and Wisconsin. The utility business has three reportable segments: a) utility electric operations; b) utility gas operations; and c) utility other, which includes steam operations and the unallocated portions of the utility business. Various line items in the following tables are not allocated to the electric and gas segments for management reporting purposes, and therefore, are included only in “Total Utility.”
ATC Holdings, Non-utility, Parent and Other - includes the operations of AEF and its subsidiaries, Corporate Services, the Alliant Energy parent company, and any Alliant Energy parent company consolidating adjustments. AEF is comprised of Alliant Energy’s interest in ATC Holdings, Travero, a non-utility wind farm, corporate venture investments, the Sheboygan Falls Energy Facility and other non-utility holdings.

Alliant Energy’s administrative support services are directly charged to the applicable segment where practicable. In all other cases, administrative support services are allocated to the applicable segment based on services agreements. Intersegment revenues were not material to Alliant Energy’s operations and there was no single customer whose revenues were 10% or more of Alliant Energy’s consolidated revenues. All of Alliant Energy’s operations and assets are located in the U.S. Certain financial information relating to Alliant Energy’s business segments, which represent the services provided to its customers, was as follows (in millions):
ATC Holdings,
UtilityNon-utility,Alliant Energy
2021ElectricGasOtherTotalParent and OtherConsolidated
Revenues$3,081 $456 $49 $3,586 $83$3,669
Depreciation and amortization591 54 6 651 6657
Operating income (loss)716 63 (11)768 27795
Interest expense244 33277
Equity income from unconsolidated investments, net(2)  (2)(60)(62)
Income tax expense (benefit)(87)13(74)
Net income attributable to Alliant Energy common shareowners618 41659
Total assets14,924 1,487 1,103 17,514 1,03918,553
Investments in equity method subsidiaries17   17 491508
Construction and acquisition expenditures980 90  1,070 991,169
ATC Holdings,
UtilityNon-utility,Alliant Energy
2020ElectricGasOtherTotalParent and OtherConsolidated
Revenues$2,920 $373 $49 $3,342 $74$3,416
Depreciation and amortization556 49 610 5615
Operating income (loss)643 74 (1)716 24740
Interest expense243 32275
Equity income from unconsolidated investments, net(2)— — (2)(59)(61)
Income tax expense (benefit)(66)9(57)
Net income attributable to Alliant Energy common shareowners573 41614
Total assets14,358 1,413 990 16,761 94917,710
Investments in equity method subsidiaries11 — — 11 465476
Construction and acquisition expenditures1,109 182 1,293 731,366
ATC Holdings,
UtilityNon-utility,Alliant Energy
2019ElectricGasOtherTotalParent and OtherConsolidated
Revenues$3,064 $455 $46 $3,565 $83$3,648
Depreciation and amortization513 47 563 4567
Operating income679 70 750 28778
Interest expense229 44273
Equity income from unconsolidated investments, net(1)— — (1)(52)(53)
Income tax expense (benefit)73 (4)69
Net income attributable to Alliant Energy common shareowners517 40557
Total assets13,659 1,269 856 15,784 91716,701
Investments in equity method subsidiaries— — 449458
Construction and acquisition expenditures1,439 100 — 1,539 1011,640
IPL - IPL is a utility primarily serving retail customers in Iowa and includes three reportable segments: a) electric operations; b) gas operations; and c) other, which includes steam operations and the unallocated portions of the utility business. Various line items in the following tables are not allocated to the electric and gas segments for management reporting purposes, and therefore, are included only in “Total.” Intersegment revenues were not material to IPL’s operations and there was no single customer whose revenues were 10% or more of IPL’s consolidated revenues. All of IPL’s operations and assets are located in the U.S. Certain financial information relating to IPL’s business segments, which represent the services provided to its customers, was as follows (in millions):
2021ElectricGasOtherTotal
Revenues$1,752$265$46$2,063 
Depreciation and amortization338316375 
Operating income (loss)42043(3)460 
Interest expense139 
Income tax benefit(36)
Net income available for common stock350 
Total assets8,6028195759,996 
Construction and acquisition expenditures34242384 
2020ElectricGasOtherTotal
Revenues$1,695$208$44$1,947 
Depreciation and amortization321305356 
Operating income358502410 
Interest expense139 
Income tax benefit(47)
Net income available for common stock324 
Total assets8,5187665659,849 
Construction and acquisition expenditures626592687 
2019ElectricGasOtherTotal
Revenues$1,781$264$44$2,089 
Depreciation and amortization295293327 
Operating income360394403 
Interest expense127 
Income taxes24 
Net income available for common stock284 
Total assets8,0757344689,277 
Construction and acquisition expenditures964561,020 

WPL - WPL is a utility serving customers in Wisconsin and includes three reportable segments: a) electric operations; b) gas operations; and c) other, which includes the unallocated portions of the utility business. Various line items in the following tables are not allocated to the electric and gas segments for management reporting purposes, and therefore, are included only in “Total.” Intersegment revenues were not material to WPL’s operations and there was no single customer whose revenues were 10% or more of WPL’s consolidated revenues. All of WPL’s operations and assets are located in the U.S. Certain financial information relating to WPL’s business segments, which represent the services provided to its customers, was as follows (in millions):
2021ElectricGasOtherTotal
Revenues$1,329 $191 $3 $1,523 
Depreciation and amortization253 23  276 
Operating income (loss)296 20 (8)308 
Interest expense105 
Income tax benefit(51)
Net income268 
Total assets6,322 668 528 7,518 
Construction and acquisition expenditures638 48  686 
2020ElectricGasOtherTotal
Revenues$1,225 $165 $5 $1,395 
Depreciation and amortization235 19 — 254 
Operating income (loss)285 24 (3)306 
Interest expense104 
Income tax benefit(19)
Net income249 
Total assets5,840 647 425 6,912 
Construction and acquisition expenditures483 123 — 606 
2019ElectricGasOtherTotal
Revenues$1,283 $191 $2 $1,476 
Depreciation and amortization218 18 — 236 
Operating income (loss)319 31 (3)347 
Interest expense102 
Income taxes49 
Net income233 
Total assets5,584 535 388 6,507 
Construction and acquisition expenditures475 44 — 519 
IPL [Member]  
Segment Reporting Information [Line Items]  
Segments Of Business SEGMENTS OF BUSINESS
Alliant Energy - Alliant Energy’s principal businesses as of December 31, 2021 are:
Utility - includes the operations of IPL and WPL, which primarily serve retail customers in Iowa and Wisconsin. The utility business has three reportable segments: a) utility electric operations; b) utility gas operations; and c) utility other, which includes steam operations and the unallocated portions of the utility business. Various line items in the following tables are not allocated to the electric and gas segments for management reporting purposes, and therefore, are included only in “Total Utility.”
ATC Holdings, Non-utility, Parent and Other - includes the operations of AEF and its subsidiaries, Corporate Services, the Alliant Energy parent company, and any Alliant Energy parent company consolidating adjustments. AEF is comprised of Alliant Energy’s interest in ATC Holdings, Travero, a non-utility wind farm, corporate venture investments, the Sheboygan Falls Energy Facility and other non-utility holdings.

Alliant Energy’s administrative support services are directly charged to the applicable segment where practicable. In all other cases, administrative support services are allocated to the applicable segment based on services agreements. Intersegment revenues were not material to Alliant Energy’s operations and there was no single customer whose revenues were 10% or more of Alliant Energy’s consolidated revenues. All of Alliant Energy’s operations and assets are located in the U.S. Certain financial information relating to Alliant Energy’s business segments, which represent the services provided to its customers, was as follows (in millions):
ATC Holdings,
UtilityNon-utility,Alliant Energy
2021ElectricGasOtherTotalParent and OtherConsolidated
Revenues$3,081 $456 $49 $3,586 $83$3,669
Depreciation and amortization591 54 6 651 6657
Operating income (loss)716 63 (11)768 27795
Interest expense244 33277
Equity income from unconsolidated investments, net(2)  (2)(60)(62)
Income tax expense (benefit)(87)13(74)
Net income attributable to Alliant Energy common shareowners618 41659
Total assets14,924 1,487 1,103 17,514 1,03918,553
Investments in equity method subsidiaries17   17 491508
Construction and acquisition expenditures980 90  1,070 991,169
ATC Holdings,
UtilityNon-utility,Alliant Energy
2020ElectricGasOtherTotalParent and OtherConsolidated
Revenues$2,920 $373 $49 $3,342 $74$3,416
Depreciation and amortization556 49 610 5615
Operating income (loss)643 74 (1)716 24740
Interest expense243 32275
Equity income from unconsolidated investments, net(2)— — (2)(59)(61)
Income tax expense (benefit)(66)9(57)
Net income attributable to Alliant Energy common shareowners573 41614
Total assets14,358 1,413 990 16,761 94917,710
Investments in equity method subsidiaries11 — — 11 465476
Construction and acquisition expenditures1,109 182 1,293 731,366
ATC Holdings,
UtilityNon-utility,Alliant Energy
2019ElectricGasOtherTotalParent and OtherConsolidated
Revenues$3,064 $455 $46 $3,565 $83$3,648
Depreciation and amortization513 47 563 4567
Operating income679 70 750 28778
Interest expense229 44273
Equity income from unconsolidated investments, net(1)— — (1)(52)(53)
Income tax expense (benefit)73 (4)69
Net income attributable to Alliant Energy common shareowners517 40557
Total assets13,659 1,269 856 15,784 91716,701
Investments in equity method subsidiaries— — 449458
Construction and acquisition expenditures1,439 100 — 1,539 1011,640
IPL - IPL is a utility primarily serving retail customers in Iowa and includes three reportable segments: a) electric operations; b) gas operations; and c) other, which includes steam operations and the unallocated portions of the utility business. Various line items in the following tables are not allocated to the electric and gas segments for management reporting purposes, and therefore, are included only in “Total.” Intersegment revenues were not material to IPL’s operations and there was no single customer whose revenues were 10% or more of IPL’s consolidated revenues. All of IPL’s operations and assets are located in the U.S. Certain financial information relating to IPL’s business segments, which represent the services provided to its customers, was as follows (in millions):
2021ElectricGasOtherTotal
Revenues$1,752$265$46$2,063 
Depreciation and amortization338316375 
Operating income (loss)42043(3)460 
Interest expense139 
Income tax benefit(36)
Net income available for common stock350 
Total assets8,6028195759,996 
Construction and acquisition expenditures34242384 
2020ElectricGasOtherTotal
Revenues$1,695$208$44$1,947 
Depreciation and amortization321305356 
Operating income358502410 
Interest expense139 
Income tax benefit(47)
Net income available for common stock324 
Total assets8,5187665659,849 
Construction and acquisition expenditures626592687 
2019ElectricGasOtherTotal
Revenues$1,781$264$44$2,089 
Depreciation and amortization295293327 
Operating income360394403 
Interest expense127 
Income taxes24 
Net income available for common stock284 
Total assets8,0757344689,277 
Construction and acquisition expenditures964561,020 

WPL - WPL is a utility serving customers in Wisconsin and includes three reportable segments: a) electric operations; b) gas operations; and c) other, which includes the unallocated portions of the utility business. Various line items in the following tables are not allocated to the electric and gas segments for management reporting purposes, and therefore, are included only in “Total.” Intersegment revenues were not material to WPL’s operations and there was no single customer whose revenues were 10% or more of WPL’s consolidated revenues. All of WPL’s operations and assets are located in the U.S. Certain financial information relating to WPL’s business segments, which represent the services provided to its customers, was as follows (in millions):
2021ElectricGasOtherTotal
Revenues$1,329 $191 $3 $1,523 
Depreciation and amortization253 23  276 
Operating income (loss)296 20 (8)308 
Interest expense105 
Income tax benefit(51)
Net income268 
Total assets6,322 668 528 7,518 
Construction and acquisition expenditures638 48  686 
2020ElectricGasOtherTotal
Revenues$1,225 $165 $5 $1,395 
Depreciation and amortization235 19 — 254 
Operating income (loss)285 24 (3)306 
Interest expense104 
Income tax benefit(19)
Net income249 
Total assets5,840 647 425 6,912 
Construction and acquisition expenditures483 123 — 606 
2019ElectricGasOtherTotal
Revenues$1,283 $191 $2 $1,476 
Depreciation and amortization218 18 — 236 
Operating income (loss)319 31 (3)347 
Interest expense102 
Income taxes49 
Net income233 
Total assets5,584 535 388 6,507 
Construction and acquisition expenditures475 44 — 519 
WPL [Member]  
Segment Reporting Information [Line Items]  
Segments Of Business SEGMENTS OF BUSINESS
Alliant Energy - Alliant Energy’s principal businesses as of December 31, 2021 are:
Utility - includes the operations of IPL and WPL, which primarily serve retail customers in Iowa and Wisconsin. The utility business has three reportable segments: a) utility electric operations; b) utility gas operations; and c) utility other, which includes steam operations and the unallocated portions of the utility business. Various line items in the following tables are not allocated to the electric and gas segments for management reporting purposes, and therefore, are included only in “Total Utility.”
ATC Holdings, Non-utility, Parent and Other - includes the operations of AEF and its subsidiaries, Corporate Services, the Alliant Energy parent company, and any Alliant Energy parent company consolidating adjustments. AEF is comprised of Alliant Energy’s interest in ATC Holdings, Travero, a non-utility wind farm, corporate venture investments, the Sheboygan Falls Energy Facility and other non-utility holdings.

Alliant Energy’s administrative support services are directly charged to the applicable segment where practicable. In all other cases, administrative support services are allocated to the applicable segment based on services agreements. Intersegment revenues were not material to Alliant Energy’s operations and there was no single customer whose revenues were 10% or more of Alliant Energy’s consolidated revenues. All of Alliant Energy’s operations and assets are located in the U.S. Certain financial information relating to Alliant Energy’s business segments, which represent the services provided to its customers, was as follows (in millions):
ATC Holdings,
UtilityNon-utility,Alliant Energy
2021ElectricGasOtherTotalParent and OtherConsolidated
Revenues$3,081 $456 $49 $3,586 $83$3,669
Depreciation and amortization591 54 6 651 6657
Operating income (loss)716 63 (11)768 27795
Interest expense244 33277
Equity income from unconsolidated investments, net(2)  (2)(60)(62)
Income tax expense (benefit)(87)13(74)
Net income attributable to Alliant Energy common shareowners618 41659
Total assets14,924 1,487 1,103 17,514 1,03918,553
Investments in equity method subsidiaries17   17 491508
Construction and acquisition expenditures980 90  1,070 991,169
ATC Holdings,
UtilityNon-utility,Alliant Energy
2020ElectricGasOtherTotalParent and OtherConsolidated
Revenues$2,920 $373 $49 $3,342 $74$3,416
Depreciation and amortization556 49 610 5615
Operating income (loss)643 74 (1)716 24740
Interest expense243 32275
Equity income from unconsolidated investments, net(2)— — (2)(59)(61)
Income tax expense (benefit)(66)9(57)
Net income attributable to Alliant Energy common shareowners573 41614
Total assets14,358 1,413 990 16,761 94917,710
Investments in equity method subsidiaries11 — — 11 465476
Construction and acquisition expenditures1,109 182 1,293 731,366
ATC Holdings,
UtilityNon-utility,Alliant Energy
2019ElectricGasOtherTotalParent and OtherConsolidated
Revenues$3,064 $455 $46 $3,565 $83$3,648
Depreciation and amortization513 47 563 4567
Operating income679 70 750 28778
Interest expense229 44273
Equity income from unconsolidated investments, net(1)— — (1)(52)(53)
Income tax expense (benefit)73 (4)69
Net income attributable to Alliant Energy common shareowners517 40557
Total assets13,659 1,269 856 15,784 91716,701
Investments in equity method subsidiaries— — 449458
Construction and acquisition expenditures1,439 100 — 1,539 1011,640
IPL - IPL is a utility primarily serving retail customers in Iowa and includes three reportable segments: a) electric operations; b) gas operations; and c) other, which includes steam operations and the unallocated portions of the utility business. Various line items in the following tables are not allocated to the electric and gas segments for management reporting purposes, and therefore, are included only in “Total.” Intersegment revenues were not material to IPL’s operations and there was no single customer whose revenues were 10% or more of IPL’s consolidated revenues. All of IPL’s operations and assets are located in the U.S. Certain financial information relating to IPL’s business segments, which represent the services provided to its customers, was as follows (in millions):
2021ElectricGasOtherTotal
Revenues$1,752$265$46$2,063 
Depreciation and amortization338316375 
Operating income (loss)42043(3)460 
Interest expense139 
Income tax benefit(36)
Net income available for common stock350 
Total assets8,6028195759,996 
Construction and acquisition expenditures34242384 
2020ElectricGasOtherTotal
Revenues$1,695$208$44$1,947 
Depreciation and amortization321305356 
Operating income358502410 
Interest expense139 
Income tax benefit(47)
Net income available for common stock324 
Total assets8,5187665659,849 
Construction and acquisition expenditures626592687 
2019ElectricGasOtherTotal
Revenues$1,781$264$44$2,089 
Depreciation and amortization295293327 
Operating income360394403 
Interest expense127 
Income taxes24 
Net income available for common stock284 
Total assets8,0757344689,277 
Construction and acquisition expenditures964561,020 

WPL - WPL is a utility serving customers in Wisconsin and includes three reportable segments: a) electric operations; b) gas operations; and c) other, which includes the unallocated portions of the utility business. Various line items in the following tables are not allocated to the electric and gas segments for management reporting purposes, and therefore, are included only in “Total.” Intersegment revenues were not material to WPL’s operations and there was no single customer whose revenues were 10% or more of WPL’s consolidated revenues. All of WPL’s operations and assets are located in the U.S. Certain financial information relating to WPL’s business segments, which represent the services provided to its customers, was as follows (in millions):
2021ElectricGasOtherTotal
Revenues$1,329 $191 $3 $1,523 
Depreciation and amortization253 23  276 
Operating income (loss)296 20 (8)308 
Interest expense105 
Income tax benefit(51)
Net income268 
Total assets6,322 668 528 7,518 
Construction and acquisition expenditures638 48  686 
2020ElectricGasOtherTotal
Revenues$1,225 $165 $5 $1,395 
Depreciation and amortization235 19 — 254 
Operating income (loss)285 24 (3)306 
Interest expense104 
Income tax benefit(19)
Net income249 
Total assets5,840 647 425 6,912 
Construction and acquisition expenditures483 123 — 606 
2019ElectricGasOtherTotal
Revenues$1,283 $191 $2 $1,476 
Depreciation and amortization218 18 — 236 
Operating income (loss)319 31 (3)347 
Interest expense102 
Income taxes49 
Net income233 
Total assets5,584 535 388 6,507 
Construction and acquisition expenditures475 44 — 519