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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 88,100,000 $ 0
Accounts receivable 250,100,000 162,300,000
Accrued unbilled revenues 74,200,000 65,000,000.0
Income taxes receivable 20,700,000 2,600,000
Fuel inventories 108,800,000 40,600,000
Materials and supplies, at average cost 180,500,000 117,900,000
Fuel clause under recoveries 514,900,000 151,900,000
Other 103,500,000 73,300,000
Total current assets 1,340,800,000 613,600,000
OTHER PROPERTY AND INVESTMENTS    
Equity securities investment in Energy Transfer 0 785,100,000
Other 105,800,000 120,000,000.0
Total other property and investments 105,800,000 905,100,000
PROPERTY, PLANT AND EQUIPMENT    
In service 14,695,200,000 13,899,800,000
Construction work in progress 436,100,000 252,000,000.0
Total property, plant and equipment 15,131,300,000 14,151,800,000
Less: accumulated depreciation 4,584,500,000 4,318,900,000
Net property, plant and equipment 10,546,800,000 9,832,900,000
DEFERRED CHARGES AND OTHER ASSETS    
Regulatory assets 524,300,000 1,230,800,000
Other 27,000,000.0 24,000,000.0
Total deferred charges and other assets 551,300,000 1,254,800,000
TOTAL ASSETS 12,544,700,000 12,606,400,000
CURRENT LIABILITIES    
Short-term debt 0 486,900,000
Accounts payable 448,900,000 274,000,000.0
Dividends payable 82,900,000 82,100,000
Customer deposits 88,800,000 81,100,000
Accrued taxes 54,000,000.0 52,900,000
Accrued interest 41,100,000 40,800,000
Accrued compensation 37,000,000.0 37,700,000
Long-term debt due within one year 999,900,000 0
Other 49,600,000 34,100,000
Total current liabilities 1,802,200,000 1,089,600,000
LONG-TERM DEBT 3,548,700,000 4,496,400,000
DEFERRED CREDITS AND OTHER LIABILITIES    
Accrued benefit obligations 176,900,000 159,800,000
Deferred income taxes 1,233,500,000 1,333,300,000
Deferred investment tax credits 12,000,000.0 12,800,000
Regulatory liabilities 1,147,100,000 1,231,100,000
Other 210,900,000 227,100,000
Total deferred credits and other liabilities 2,780,400,000 2,964,100,000
Total liabilities 8,131,300,000 8,550,100,000
COMMITMENTS AND CONTINGENCIES (NOTE 13)
STOCKHOLDERS' EQUITY    
Common stockholders' equity 1,134,500,000 1,125,800,000
Retained earnings 3,290,900,000 2,955,400,000
Accumulated other comprehensive loss, net of tax (11,900,000) (24,800,000)
Treasury stock, at cost (100,000) (100,000)
Total stockholders' equity 4,413,400,000 4,056,300,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 12,544,700,000 12,606,400,000
OG&E [Member]    
CURRENT ASSETS    
Accounts receivable 249,400,000 162,000,000.0
Accrued unbilled revenues 74,200,000 65,000,000.0
Advances to parent 91,000,000.0 0
Fuel inventories 108,800,000 40,600,000
Materials and supplies, at average cost 180,500,000 117,900,000
Fuel clause under recoveries 514,900,000 151,900,000
Other 97,800,000 67,700,000
Total current assets 1,316,600,000 605,100,000
OTHER PROPERTY AND INVESTMENTS    
Total other property and investments 4,400,000 3,900,000
PROPERTY, PLANT AND EQUIPMENT    
In service 14,689,100,000 13,893,700,000
Construction work in progress 436,100,000 252,000,000.0
Total property, plant and equipment 15,125,200,000 14,145,700,000
Less: accumulated depreciation 4,584,500,000 4,318,900,000
Net property, plant and equipment 10,540,700,000 9,826,800,000
DEFERRED CHARGES AND OTHER ASSETS    
Regulatory assets 524,300,000 1,230,800,000
Other 24,500,000 21,400,000
Total deferred charges and other assets 548,800,000 1,252,200,000
TOTAL ASSETS 12,410,500,000 11,688,000,000.0
CURRENT LIABILITIES    
Accounts payable 395,800,000 240,600,000
Advances from parent 0 101,300,000
Customer deposits 88,800,000 81,100,000
Accrued taxes 46,500,000 50,800,000
Accrued interest 40,800,000 40,400,000
Accrued compensation 27,800,000 27,800,000
Long-term debt due within one year 500,000,000.0 0
Other 49,300,000 33,800,000
Total current liabilities 1,149,000,000.0 575,800,000
LONG-TERM DEBT 3,498,900,000 3,996,500,000
DEFERRED CREDITS AND OTHER LIABILITIES    
Accrued benefit obligations 98,300,000 75,100,000
Deferred income taxes 1,271,100,000 1,000,400,000
Deferred investment tax credits 12,000,000.0 12,800,000
Regulatory liabilities 1,147,100,000 1,231,100,000
Other 188,900,000 193,500,000
Total deferred credits and other liabilities 2,717,400,000 2,512,900,000
Total liabilities 7,365,300,000 7,085,200,000
COMMITMENTS AND CONTINGENCIES (NOTE 13)
STOCKHOLDERS' EQUITY    
Common stockholders' equity 1,574,600,000 1,571,700,000
Retained earnings 3,470,600,000 3,031,100,000
Total stockholders' equity 5,045,200,000 4,602,800,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 12,410,500,000 $ 11,688,000,000.0