Alliant Energy Corporation (LNT) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
4902 NORTH BILTMORE LANE MADISON, WI 53718-2148 |
| State of Incorp. | WI |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4931 - Electric and Other Services Combined (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 6/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 81 | 62 | 20 | 39 | 54 | 16 | |||
| Cash and cash equivalent | 81 | 62 | 20 | 39 | 54 | 16 | |||
| Receivables | 427 | 475 | 516 | 440 | 412 | 402 | |||
| Inventory, net of allowances, customer advances and progress billings | 109 | 141 | 185 | 133 | 112 | 127 | |||
| Inventory | 109 | 141 | 185 | 133 | 112 | 127 | |||
| Prepaid expense | 42 | ||||||||
| Regulatory asset | 210 | 232 | 166 | 104 | 81 | 86 | |||
| Other current assets | 171 | 160 | 223 | 240 | 123 | 102 | |||
| Other undisclosed current assets | 186 | 202 | 140 | 113 | 105 | 101 | |||
| Total current assets: | 1,184 | 1,272 | 1,250 | 1,069 | 887 | 876 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 18,701 | 17,157 | 16,247 | 14,987 | 14,336 | ||||
| Long-term investments and receivables | 639 | 602 | 559 | 517 | 485 | ||||
| Long-term investments | 639 | 602 | 559 | 517 | 485 | ||||
| Regulated entity, other noncurrent assets | 1,758 | ||||||||
| Other noncurrent assets | 2,190 | 2,206 | 2,107 | 1,980 | 2,002 | 72 | |||
| Total noncurrent assets: | 21,530 | 19,965 | 18,913 | 17,484 | 16,823 | 1,830 | |||
| Other undisclosed assets | 13,995 | ||||||||
| TOTAL ASSETS: | 22,714 | 21,237 | 20,163 | 18,553 | 17,710 | 16,701 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 532 | 611 | 756 | 494 | 444 | 422 | |||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | 58 | 67 | |||
| Accounts payable | 532 | 611 | 756 | 436 | 377 | 422 | |||
| Debt | 1,729 | 1,284 | 1,050 | 1,148 | 397 | 995 | |||
| Regulatory liability | 69 | 107 | 206 | 186 | 249 | 212 | |||
| Other liabilities | 385 | 302 | 351 | 226 | 207 | 425 | |||
| Total current liabilities: | 2,715 | 2,304 | 2,363 | 2,054 | 1,297 | 2,054 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 8,677 | 8,225 | 7,668 | 6,735 | 6,769 | 5,547 | |||
| Long-term debt, excluding current maturities | 8,677 | 8,225 | 7,668 | 6,735 | 6,769 | 5,533 | |||
| Liabilities, other than long-term debt | 4,318 | 3,931 | 3,856 | 3,774 | 3,756 | 1,995 | |||
| Deferred income tax liabilities | 2,188 | 2,042 | 1,943 | 1,927 | 1,814 | ||||
| Liability, pension and other postretirement and postemployment benefits | 224 | 249 | 277 | 374 | 511 | 484 | |||
| Regulatory liability | 959 | 1,023 | 1,118 | 1,085 | 1,057 | 1,212 | |||
| Other liabilities | 947 | 617 | 518 | 388 | 374 | 299 | |||
| Operating lease, liability | 14 | ||||||||
| Other undisclosed noncurrent liabilities | 1,700 | ||||||||
| Total noncurrent liabilities: | 12,995 | 12,156 | 11,524 | 10,509 | 10,525 | 9,242 | |||
| Total liabilities: | 15,710 | 14,460 | 13,887 | 12,563 | 11,822 | 11,296 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 7,004 | 6,777 | 6,276 | 5,990 | 5,688 | 5,205 | |||
| Common stock | 3 | 3 | 3 | 3 | 2 | 3 | |||
| Additional paid in capital | 3,060 | 3,030 | 2,777 | 2,749 | 2,704 | 2,446 | |||
| Accumulated other comprehensive income (loss) | 1 | 1 | (1) | 1 | |||||
| Retained earnings | 3,954 | 3,756 | 3,509 | 3,250 | 2,994 | 2,765 | |||
| Other undisclosed equity, attributable to parent | (14) | (13) | (13) | (12) | (11) | (10) | |||
| Other undisclosed equity | 200 | 200 | |||||||
| Total equity: | 7,004 | 6,777 | 6,276 | 5,990 | 5,888 | 5,405 | |||
| TOTAL LIABILITIES AND EQUITY: | 22,714 | 21,237 | 20,163 | 18,553 | 17,710 | 16,701 | |||
Income Statement (P&L) ($ in millions)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 3,981 | 4,027 | 4,205 | 3,669 | 3,416 | 3,648 | ||
| Cost of revenue | (2,206) | (1,598) | (1,771) | (1,416) | (1,260) | (1,447) | ||
| Cost of product and service sold | (613) | (583) | (573) | (537) | (449) | (481) | ||
| Gross profit: | 1,775 | 2,429 | 2,434 | 2,253 | 2,156 | 2,201 | ||
| Operating expenses | (889) | (1,486) | (1,506) | (1,458) | (1,416) | (1,423) | ||
| Operating income: | 886 | 943 | 928 | 795 | 740 | 778 | ||
| Nonoperating expense | (310) | (236) | (220) | (195) | (173) | (142) | ||
| Public utilities, allowance for funds used during construction, additions | 75 | 100 | 60 | 25 | 55 | 93 | ||
| Interest and debt expense | (449) | (394) | (325) | (277) | (275) | (273) | ||
| Income from continuing operations before equity method investments, income taxes: | 127 | 313 | 383 | 323 | 292 | 363 | ||
| Other undisclosed income from continuing operations before income taxes | 449 | 394 | 325 | 277 | 275 | 273 | ||
| Income from continuing operations before income taxes: | 576 | 707 | 708 | 600 | 567 | 636 | ||
| Income tax expense (benefit) | 114 | (4) | (22) | 74 | 57 | (69) | ||
| Income from continuing operations: | 690 | 703 | 686 | 674 | 624 | 567 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 674 | 624 | 567 | |
| Net income attributable to parent: | 690 | 703 | 686 | 674 | 624 | 567 | ||
| Other undisclosed net loss available to common stockholders, basic | (15) | (10) | (10) | |||||
| Net income available to common stockholders, diluted: | 690 | 703 | 686 | 659 | 614 | 557 | ||
Comprehensive Income ($ in millions)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 690 | 703 | 686 | 674 | 624 | 567 | ||
| Other comprehensive income (loss) | 1 | 1 | (2) | (0) | ||||
| Other undisclosed comprehensive income | ||||||||
| Comprehensive income, net of tax, attributable to parent: | 690 | 704 | 686 | 675 | 622 | 567 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.