XML 60 R35.htm IDEA: XBRL DOCUMENT v3.22.4
Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Fair Value, by Balance Sheet Grouping [Table Text Block] The following table presents OGE Energy's previous financial instrument measured at fair value on a recurring basis and the carrying amount and fair value of the Registrants' financial instruments at December 31, 2022 and 2021, as well as the classification level within the fair value hierarchy. As of the end of September 2022, OGE Energy had sold all of the Energy Transfer limited partner units it received as a result of the merger transaction between Enable and Energy Transfer in December 2021.

 

2022

 

 

2021

 

 

December 31 (In millions)

Carrying
Amount

 

Fair
Value

 

 

Carrying
Amount

 

Fair
Value

 

Classification

Financial instrument measured at fair value on a recurring basis:

 

 

 

 

 

 

 

 

 

 

OGE Energy investment in Energy Transfer's equity securities

$

—

 

$

—

 

 

$

785.1

 

$

785.1

 

Level 1

Financial instruments for which fair value is only disclosed:

 

 

 

 

 

 

 

 

 

 

Long-term Debt (including Long-term Debt due within one year):

 

 

 

 

 

 

 

 

 

 

OGE Energy Senior Notes

$

499.9

 

$

491.2

 

 

$

499.9

 

$

497.8

 

Level 2

OGE Energy Term Loan

$

49.8

 

$

50.0

 

 

$

—

 

$

—

 

Level 2

OG&E Senior Notes

$

3,854.2

 

$

3,477.1

 

 

$

3,851.8

 

$

4,460.2

 

Level 2

OG&E Industrial Authority Bonds

$

135.4

 

$

135.4

 

 

$

135.4

 

$

135.4

 

Level 2

Tinker Debt

$

9.3

 

$

7.3

 

 

$

9.3

 

$

10.0

 

Level 3