Common Equity | 6 Months Ended |
Jun. 30, 2020 |
Common Equity [Line Items] | |
Common Equity | COMMON EQUITY Common Share Activity - A summary of Alliant Energy’s common stock activity was as follows: Shares outstanding, January 1, 2020 245,022,800 Equity forward agreements 4,275,127 Shareowner Direct Plan 248,220 Equity-based compensation plans 98,205 Shares outstanding, June 30, 2020 249,644,352 Equity Forward Agreements - In November 2019, Alliant Energy entered into forward sale agreements with a counterparty in connection with a public offering of 4,275,127 shares of Alliant Energy common stock. The initial forward sale price of $52.235 per share was subject to daily adjustment based on a floating interest rate factor, and decreased by other fixed amounts specified in the forward sale agreements. In the first quarter of 2020, Alliant Energy settled $222 million under the forward sale agreements by delivering 4,275,127 shares of newly issued Alliant Energy common stock at a weighted average forward sale price of $51.98 per share. Alliant Energy used the net proceeds from the settlements for general corporate purposes. Changes in Shareowners’ Equity - A summary of changes in shareowners’ equity was as follows (in millions): Alliant Energy Total Alliant Energy Common Equity Accumulated Shares in Cumulative Additional Other Deferred Preferred Common Paid-In Retained Comprehensive Compensation Stock Total Stock Capital Earnings Income (Loss) Trust of IPL Equity Three Months Ended June 30, 2020 Beginning balance, March 31, 2020 $2.5 $2,674.1 $2,833.7 $2.0 ($9.9 ) $200.0 $5,702.4 Net income attributable to Alliant Energy common shareowners 134.4 134.4 Common stock dividends ($0.38 per share) (94.6 ) (94.6 ) Shareowner Direct Plan issuances 6.4 6.4 Equity-based compensation plans and other 2.6 (0.3 ) 2.3 Other comprehensive loss, net of tax (2.6 ) (2.6 ) Ending balance, June 30, 2020 $2.5 $2,683.1 $2,873.5 ($0.6 ) ($10.2 ) $200.0 $5,748.3 Three Months Ended June 30, 2019 Beginning balance, March 31, 2019 $2.4 $2,100.0 $2,587.3 $2.4 ($9.7 ) $200.0 $4,882.4 Net income attributable to Alliant Energy common shareowners 94.6 94.6 Common stock dividends ($0.355 per share) (84.1 ) (84.1 ) Shareowner Direct Plan issuances 6.0 6.0 Equity-based compensation plans and other 2.4 (0.3 ) 2.1 Other comprehensive loss, net of tax (1.4 ) (1.4 ) Ending balance, June 30, 2019 $2.4 $2,108.4 $2,597.8 $1.0 ($10.0 ) $200.0 $4,899.6 Alliant Energy Total Alliant Energy Common Equity Accumulated Shares in Cumulative Additional Other Deferred Preferred Common Paid-In Retained Comprehensive Compensation Stock Total Stock Capital Earnings Income (Loss) Trust of IPL Equity Six Months Ended June 30, 2020 Beginning balance, December 31, 2019 $2.5 $2,445.9 $2,765.4 $1.3 ($10.0 ) $200.0 $5,405.1 Net income attributable to Alliant Energy common shareowners 304.4 304.4 Common stock dividends ($0.76 per share) (187.6 ) (187.6 ) Equity forward settlements and Shareowner Direct Plan issuances 234.8 234.8 Equity-based compensation plans and other 2.4 (0.2 ) 2.2 Adoption of new accounting standard, net of tax (refer to Note 1(d) ) (8.7 ) (8.7 ) Other comprehensive loss, net of tax (1.9 ) (1.9 ) Ending balance, June 30, 2020 $2.5 $2,683.1 $2,873.5 ($0.6 ) ($10.2 ) $200.0 $5,748.3 Six Months Ended June 30, 2019 Beginning balance, December 31, 2018 $2.4 $2,045.5 $2,545.9 $1.7 ($9.8 ) $200.0 $4,785.7 Net income attributable to Alliant Energy common shareowners 219.7 219.7 Common stock dividends ($0.71 per share) (167.8 ) (167.8 ) Equity forward settlements and Shareowner Direct Plan issuances 60.6 60.6 Equity-based compensation plans and other 2.3 (0.2 ) 2.1 Other comprehensive loss, net of tax (0.7 ) (0.7 ) Ending balance, June 30, 2019 $2.4 $2,108.4 $2,597.8 $1.0 ($10.0 ) $200.0 $4,899.6 IPL Total IPL Common Equity Additional Cumulative Common Paid-In Retained Preferred Total Stock Capital Earnings Stock Equity Three Months Ended June 30, 2020 Beginning balance, March 31, 2020 $33.4 $2,447.8 $914.2 $200.0 $3,595.4 Net income available for common stock 59.8 59.8 Common stock dividends (59.1 ) (59.1 ) Capital contributions from parent 75.0 75.0 Ending balance, June 30, 2020 $33.4 $2,522.8 $914.9 $200.0 $3,671.1 Three Months Ended June 30, 2019 Beginning balance, March 31, 2019 $33.4 $2,322.8 $785.8 $200.0 $3,342.0 Net income available for common stock 45.0 45.0 Common stock dividends (41.9 ) (41.9 ) Ending balance, June 30, 2019 $33.4 $2,322.8 $788.9 $200.0 $3,345.1 IPL Total IPL Common Equity Additional Cumulative Common Paid-In Retained Preferred Total Stock Capital Earnings Stock Equity Six Months Ended June 30, 2020 Beginning balance, December 31, 2019 $33.4 $2,347.8 $890.6 $200.0 $3,471.8 Net income available for common stock 142.4 142.4 Common stock dividends (118.1 ) (118.1 ) Capital contributions from parent 175.0 175.0 Ending balance, June 30, 2020 $33.4 $2,522.8 $914.9 $200.0 $3,671.1 Six Months Ended June 30, 2019 Beginning balance, December 31, 2018 $33.4 $2,222.8 $774.5 $200.0 $3,230.7 Net income available for common stock 98.3 98.3 Common stock dividends (83.9 ) (83.9 ) Capital contributions from parent 100.0 100.0 Ending balance, June 30, 2019 $33.4 $2,322.8 $788.9 $200.0 $3,345.1 WPL Additional Total Common Paid-In Retained Common Stock Capital Earnings Equity Three Months Ended June 30, 2020 Beginning balance, March 31, 2020 $66.2 $1,459.0 $910.9 $2,436.1 Net income 57.6 57.6 Common stock dividends (41.9 ) (41.9 ) Ending balance, June 30, 2020 $66.2 $1,459.0 $926.6 $2,451.8 Three Months Ended June 30, 2019 Beginning balance, March 31, 2019 $66.2 $1,309.0 $804.0 $2,179.2 Net income 42.0 42.0 Common stock dividends (36.0 ) (36.0 ) Ending balance, June 30, 2019 $66.2 $1,309.0 $810.0 $2,185.2 WPL Additional Total Common Paid-In Retained Common Stock Capital Earnings Equity Six Months Ended June 30, 2020 Beginning balance, December 31, 2019 $66.2 $1,434.0 $863.4 $2,363.6 Net income 147.2 147.2 Common stock dividends (84.0 ) (84.0 ) Capital contributions from parent 25.0 25.0 Ending balance, June 30, 2020 $66.2 $1,459.0 $926.6 $2,451.8 Six Months Ended June 30, 2019 Beginning balance, December 31, 2018 $66.2 $1,309.0 $774.3 $2,149.5 Net income 107.7 107.7 Common stock dividends (72.0 ) (72.0 ) Ending balance, June 30, 2019 $66.2 $1,309.0 $810.0 $2,185.2 |
IPL [Member] | |
Common Equity [Line Items] | |
Common Equity | COMMON EQUITY Common Share Activity - A summary of Alliant Energy’s common stock activity was as follows: Shares outstanding, January 1, 2020 245,022,800 Equity forward agreements 4,275,127 Shareowner Direct Plan 248,220 Equity-based compensation plans 98,205 Shares outstanding, June 30, 2020 249,644,352 Equity Forward Agreements - In November 2019, Alliant Energy entered into forward sale agreements with a counterparty in connection with a public offering of 4,275,127 shares of Alliant Energy common stock. The initial forward sale price of $52.235 per share was subject to daily adjustment based on a floating interest rate factor, and decreased by other fixed amounts specified in the forward sale agreements. In the first quarter of 2020, Alliant Energy settled $222 million under the forward sale agreements by delivering 4,275,127 shares of newly issued Alliant Energy common stock at a weighted average forward sale price of $51.98 per share. Alliant Energy used the net proceeds from the settlements for general corporate purposes. Changes in Shareowners’ Equity - A summary of changes in shareowners’ equity was as follows (in millions): Alliant Energy Total Alliant Energy Common Equity Accumulated Shares in Cumulative Additional Other Deferred Preferred Common Paid-In Retained Comprehensive Compensation Stock Total Stock Capital Earnings Income (Loss) Trust of IPL Equity Three Months Ended June 30, 2020 Beginning balance, March 31, 2020 $2.5 $2,674.1 $2,833.7 $2.0 ($9.9 ) $200.0 $5,702.4 Net income attributable to Alliant Energy common shareowners 134.4 134.4 Common stock dividends ($0.38 per share) (94.6 ) (94.6 ) Shareowner Direct Plan issuances 6.4 6.4 Equity-based compensation plans and other 2.6 (0.3 ) 2.3 Other comprehensive loss, net of tax (2.6 ) (2.6 ) Ending balance, June 30, 2020 $2.5 $2,683.1 $2,873.5 ($0.6 ) ($10.2 ) $200.0 $5,748.3 Three Months Ended June 30, 2019 Beginning balance, March 31, 2019 $2.4 $2,100.0 $2,587.3 $2.4 ($9.7 ) $200.0 $4,882.4 Net income attributable to Alliant Energy common shareowners 94.6 94.6 Common stock dividends ($0.355 per share) (84.1 ) (84.1 ) Shareowner Direct Plan issuances 6.0 6.0 Equity-based compensation plans and other 2.4 (0.3 ) 2.1 Other comprehensive loss, net of tax (1.4 ) (1.4 ) Ending balance, June 30, 2019 $2.4 $2,108.4 $2,597.8 $1.0 ($10.0 ) $200.0 $4,899.6 Alliant Energy Total Alliant Energy Common Equity Accumulated Shares in Cumulative Additional Other Deferred Preferred Common Paid-In Retained Comprehensive Compensation Stock Total Stock Capital Earnings Income (Loss) Trust of IPL Equity Six Months Ended June 30, 2020 Beginning balance, December 31, 2019 $2.5 $2,445.9 $2,765.4 $1.3 ($10.0 ) $200.0 $5,405.1 Net income attributable to Alliant Energy common shareowners 304.4 304.4 Common stock dividends ($0.76 per share) (187.6 ) (187.6 ) Equity forward settlements and Shareowner Direct Plan issuances 234.8 234.8 Equity-based compensation plans and other 2.4 (0.2 ) 2.2 Adoption of new accounting standard, net of tax (refer to Note 1(d) ) (8.7 ) (8.7 ) Other comprehensive loss, net of tax (1.9 ) (1.9 ) Ending balance, June 30, 2020 $2.5 $2,683.1 $2,873.5 ($0.6 ) ($10.2 ) $200.0 $5,748.3 Six Months Ended June 30, 2019 Beginning balance, December 31, 2018 $2.4 $2,045.5 $2,545.9 $1.7 ($9.8 ) $200.0 $4,785.7 Net income attributable to Alliant Energy common shareowners 219.7 219.7 Common stock dividends ($0.71 per share) (167.8 ) (167.8 ) Equity forward settlements and Shareowner Direct Plan issuances 60.6 60.6 Equity-based compensation plans and other 2.3 (0.2 ) 2.1 Other comprehensive loss, net of tax (0.7 ) (0.7 ) Ending balance, June 30, 2019 $2.4 $2,108.4 $2,597.8 $1.0 ($10.0 ) $200.0 $4,899.6 IPL Total IPL Common Equity Additional Cumulative Common Paid-In Retained Preferred Total Stock Capital Earnings Stock Equity Three Months Ended June 30, 2020 Beginning balance, March 31, 2020 $33.4 $2,447.8 $914.2 $200.0 $3,595.4 Net income available for common stock 59.8 59.8 Common stock dividends (59.1 ) (59.1 ) Capital contributions from parent 75.0 75.0 Ending balance, June 30, 2020 $33.4 $2,522.8 $914.9 $200.0 $3,671.1 Three Months Ended June 30, 2019 Beginning balance, March 31, 2019 $33.4 $2,322.8 $785.8 $200.0 $3,342.0 Net income available for common stock 45.0 45.0 Common stock dividends (41.9 ) (41.9 ) Ending balance, June 30, 2019 $33.4 $2,322.8 $788.9 $200.0 $3,345.1 IPL Total IPL Common Equity Additional Cumulative Common Paid-In Retained Preferred Total Stock Capital Earnings Stock Equity Six Months Ended June 30, 2020 Beginning balance, December 31, 2019 $33.4 $2,347.8 $890.6 $200.0 $3,471.8 Net income available for common stock 142.4 142.4 Common stock dividends (118.1 ) (118.1 ) Capital contributions from parent 175.0 175.0 Ending balance, June 30, 2020 $33.4 $2,522.8 $914.9 $200.0 $3,671.1 Six Months Ended June 30, 2019 Beginning balance, December 31, 2018 $33.4 $2,222.8 $774.5 $200.0 $3,230.7 Net income available for common stock 98.3 98.3 Common stock dividends (83.9 ) (83.9 ) Capital contributions from parent 100.0 100.0 Ending balance, June 30, 2019 $33.4 $2,322.8 $788.9 $200.0 $3,345.1 WPL Additional Total Common Paid-In Retained Common Stock Capital Earnings Equity Three Months Ended June 30, 2020 Beginning balance, March 31, 2020 $66.2 $1,459.0 $910.9 $2,436.1 Net income 57.6 57.6 Common stock dividends (41.9 ) (41.9 ) Ending balance, June 30, 2020 $66.2 $1,459.0 $926.6 $2,451.8 Three Months Ended June 30, 2019 Beginning balance, March 31, 2019 $66.2 $1,309.0 $804.0 $2,179.2 Net income 42.0 42.0 Common stock dividends (36.0 ) (36.0 ) Ending balance, June 30, 2019 $66.2 $1,309.0 $810.0 $2,185.2 WPL Additional Total Common Paid-In Retained Common Stock Capital Earnings Equity Six Months Ended June 30, 2020 Beginning balance, December 31, 2019 $66.2 $1,434.0 $863.4 $2,363.6 Net income 147.2 147.2 Common stock dividends (84.0 ) (84.0 ) Capital contributions from parent 25.0 25.0 Ending balance, June 30, 2020 $66.2 $1,459.0 $926.6 $2,451.8 Six Months Ended June 30, 2019 Beginning balance, December 31, 2018 $66.2 $1,309.0 $774.3 $2,149.5 Net income 107.7 107.7 Common stock dividends (72.0 ) (72.0 ) Ending balance, June 30, 2019 $66.2 $1,309.0 $810.0 $2,185.2 |
WPL [Member] | |
Common Equity [Line Items] | |
Common Equity | COMMON EQUITY Common Share Activity - A summary of Alliant Energy’s common stock activity was as follows: Shares outstanding, January 1, 2020 245,022,800 Equity forward agreements 4,275,127 Shareowner Direct Plan 248,220 Equity-based compensation plans 98,205 Shares outstanding, June 30, 2020 249,644,352 Equity Forward Agreements - In November 2019, Alliant Energy entered into forward sale agreements with a counterparty in connection with a public offering of 4,275,127 shares of Alliant Energy common stock. The initial forward sale price of $52.235 per share was subject to daily adjustment based on a floating interest rate factor, and decreased by other fixed amounts specified in the forward sale agreements. In the first quarter of 2020, Alliant Energy settled $222 million under the forward sale agreements by delivering 4,275,127 shares of newly issued Alliant Energy common stock at a weighted average forward sale price of $51.98 per share. Alliant Energy used the net proceeds from the settlements for general corporate purposes. Changes in Shareowners’ Equity - A summary of changes in shareowners’ equity was as follows (in millions): Alliant Energy Total Alliant Energy Common Equity Accumulated Shares in Cumulative Additional Other Deferred Preferred Common Paid-In Retained Comprehensive Compensation Stock Total Stock Capital Earnings Income (Loss) Trust of IPL Equity Three Months Ended June 30, 2020 Beginning balance, March 31, 2020 $2.5 $2,674.1 $2,833.7 $2.0 ($9.9 ) $200.0 $5,702.4 Net income attributable to Alliant Energy common shareowners 134.4 134.4 Common stock dividends ($0.38 per share) (94.6 ) (94.6 ) Shareowner Direct Plan issuances 6.4 6.4 Equity-based compensation plans and other 2.6 (0.3 ) 2.3 Other comprehensive loss, net of tax (2.6 ) (2.6 ) Ending balance, June 30, 2020 $2.5 $2,683.1 $2,873.5 ($0.6 ) ($10.2 ) $200.0 $5,748.3 Three Months Ended June 30, 2019 Beginning balance, March 31, 2019 $2.4 $2,100.0 $2,587.3 $2.4 ($9.7 ) $200.0 $4,882.4 Net income attributable to Alliant Energy common shareowners 94.6 94.6 Common stock dividends ($0.355 per share) (84.1 ) (84.1 ) Shareowner Direct Plan issuances 6.0 6.0 Equity-based compensation plans and other 2.4 (0.3 ) 2.1 Other comprehensive loss, net of tax (1.4 ) (1.4 ) Ending balance, June 30, 2019 $2.4 $2,108.4 $2,597.8 $1.0 ($10.0 ) $200.0 $4,899.6 Alliant Energy Total Alliant Energy Common Equity Accumulated Shares in Cumulative Additional Other Deferred Preferred Common Paid-In Retained Comprehensive Compensation Stock Total Stock Capital Earnings Income (Loss) Trust of IPL Equity Six Months Ended June 30, 2020 Beginning balance, December 31, 2019 $2.5 $2,445.9 $2,765.4 $1.3 ($10.0 ) $200.0 $5,405.1 Net income attributable to Alliant Energy common shareowners 304.4 304.4 Common stock dividends ($0.76 per share) (187.6 ) (187.6 ) Equity forward settlements and Shareowner Direct Plan issuances 234.8 234.8 Equity-based compensation plans and other 2.4 (0.2 ) 2.2 Adoption of new accounting standard, net of tax (refer to Note 1(d) ) (8.7 ) (8.7 ) Other comprehensive loss, net of tax (1.9 ) (1.9 ) Ending balance, June 30, 2020 $2.5 $2,683.1 $2,873.5 ($0.6 ) ($10.2 ) $200.0 $5,748.3 Six Months Ended June 30, 2019 Beginning balance, December 31, 2018 $2.4 $2,045.5 $2,545.9 $1.7 ($9.8 ) $200.0 $4,785.7 Net income attributable to Alliant Energy common shareowners 219.7 219.7 Common stock dividends ($0.71 per share) (167.8 ) (167.8 ) Equity forward settlements and Shareowner Direct Plan issuances 60.6 60.6 Equity-based compensation plans and other 2.3 (0.2 ) 2.1 Other comprehensive loss, net of tax (0.7 ) (0.7 ) Ending balance, June 30, 2019 $2.4 $2,108.4 $2,597.8 $1.0 ($10.0 ) $200.0 $4,899.6 IPL Total IPL Common Equity Additional Cumulative Common Paid-In Retained Preferred Total Stock Capital Earnings Stock Equity Three Months Ended June 30, 2020 Beginning balance, March 31, 2020 $33.4 $2,447.8 $914.2 $200.0 $3,595.4 Net income available for common stock 59.8 59.8 Common stock dividends (59.1 ) (59.1 ) Capital contributions from parent 75.0 75.0 Ending balance, June 30, 2020 $33.4 $2,522.8 $914.9 $200.0 $3,671.1 Three Months Ended June 30, 2019 Beginning balance, March 31, 2019 $33.4 $2,322.8 $785.8 $200.0 $3,342.0 Net income available for common stock 45.0 45.0 Common stock dividends (41.9 ) (41.9 ) Ending balance, June 30, 2019 $33.4 $2,322.8 $788.9 $200.0 $3,345.1 IPL Total IPL Common Equity Additional Cumulative Common Paid-In Retained Preferred Total Stock Capital Earnings Stock Equity Six Months Ended June 30, 2020 Beginning balance, December 31, 2019 $33.4 $2,347.8 $890.6 $200.0 $3,471.8 Net income available for common stock 142.4 142.4 Common stock dividends (118.1 ) (118.1 ) Capital contributions from parent 175.0 175.0 Ending balance, June 30, 2020 $33.4 $2,522.8 $914.9 $200.0 $3,671.1 Six Months Ended June 30, 2019 Beginning balance, December 31, 2018 $33.4 $2,222.8 $774.5 $200.0 $3,230.7 Net income available for common stock 98.3 98.3 Common stock dividends (83.9 ) (83.9 ) Capital contributions from parent 100.0 100.0 Ending balance, June 30, 2019 $33.4 $2,322.8 $788.9 $200.0 $3,345.1 WPL Additional Total Common Paid-In Retained Common Stock Capital Earnings Equity Three Months Ended June 30, 2020 Beginning balance, March 31, 2020 $66.2 $1,459.0 $910.9 $2,436.1 Net income 57.6 57.6 Common stock dividends (41.9 ) (41.9 ) Ending balance, June 30, 2020 $66.2 $1,459.0 $926.6 $2,451.8 Three Months Ended June 30, 2019 Beginning balance, March 31, 2019 $66.2 $1,309.0 $804.0 $2,179.2 Net income 42.0 42.0 Common stock dividends (36.0 ) (36.0 ) Ending balance, June 30, 2019 $66.2 $1,309.0 $810.0 $2,185.2 WPL Additional Total Common Paid-In Retained Common Stock Capital Earnings Equity Six Months Ended June 30, 2020 Beginning balance, December 31, 2019 $66.2 $1,434.0 $863.4 $2,363.6 Net income 147.2 147.2 Common stock dividends (84.0 ) (84.0 ) Capital contributions from parent 25.0 25.0 Ending balance, June 30, 2020 $66.2 $1,459.0 $926.6 $2,451.8 Six Months Ended June 30, 2019 Beginning balance, December 31, 2018 $66.2 $1,309.0 $774.3 $2,149.5 Net income 107.7 107.7 Common stock dividends (72.0 ) (72.0 ) Ending balance, June 30, 2019 $66.2 $1,309.0 $810.0 $2,185.2 |