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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 307.0 $ 88.1
Accounts receivable 215.8 250.1
Accrued unbilled revenues 65.1 74.2
Income taxes receivable 14.8 20.7
Fuel inventories 128.6 108.8
Materials and supplies, at average cost 198.7 180.5
Fuel clause under recoveries 370.1 514.9
Other 101.0 103.5
Total current assets 1,401.1 1,340.8
OTHER PROPERTY AND INVESTMENTS    
Other 107.1 105.8
Total other property and investments 107.1 105.8
PROPERTY, PLANT AND EQUIPMENT    
In service 14,866.8 14,695.2
Construction work in progress 484.9 436.1
Total property, plant and equipment 15,351.7 15,131.3
Less: accumulated depreciation 4,632.0 4,584.5
Net property, plant and equipment 10,719.7 10,546.8
DEFERRED CHARGES AND OTHER ASSETS    
Regulatory assets 531.6 524.3
Other 30.8 27.0
Total deferred charges and other assets 562.4 551.3
TOTAL ASSETS 12,790.3 12,544.7
CURRENT LIABILITIES    
Accounts payable 327.6 448.9
Dividends payable 82.9 82.9
Customer deposits 92.4 88.8
Accrued taxes 35.8 54.0
Accrued interest 48.7 41.1
Accrued compensation 28.5 37.0
Long-term debt due within one year 1,000.0 999.9
Other 50.0 49.6
Total current liabilities 1,665.9 1,802.2
LONG-TERM DEBT 3,994.1 3,548.7
DEFERRED CREDITS AND OTHER LIABILITIES    
Accrued benefit obligations 172.5 176.9
Deferred income taxes 1,248.7 1,233.5
Deferred investment tax credits 11.8 12.0
Regulatory liabilities 1,123.2 1,147.1
Other 204.1 210.9
Total deferred credits and other liabilities 2,760.3 2,780.4
Total liabilities 8,420.3 8,131.3
COMMITMENTS AND CONTINGENCIES (NOTE 12)
STOCKHOLDERS' EQUITY    
Common stockholders' equity 1,135.2 1,134.5
Retained earnings 3,245.6 3,290.9
Accumulated other comprehensive loss, net of tax (10.8) (11.9)
Treasury stock, at cost 0.0 (0.1)
Total stockholders' equity 4,370.0 4,413.4
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 12,790.3 12,544.7
OG&E [Member]    
CURRENT ASSETS    
Accounts receivable 214.6 249.4
Accrued unbilled revenues 65.1 74.2
Advances to parent 412.7 91.0
Fuel inventories 128.6 108.8
Materials and supplies, at average cost 198.7 180.5
Fuel clause under recoveries 370.1 514.9
Other 94.7 97.8
Total current assets 1,484.5 1,316.6
OTHER PROPERTY AND INVESTMENTS    
Total other property and investments 4.6 4.4
PROPERTY, PLANT AND EQUIPMENT    
In service 14,860.7 14,689.1
Construction work in progress 484.9 436.1
Total property, plant and equipment 15,345.6 15,125.2
Less: accumulated depreciation 4,632.0 4,584.5
Net property, plant and equipment 10,713.6 10,540.7
DEFERRED CHARGES AND OTHER ASSETS    
Regulatory assets 531.6 524.3
Other 28.4 24.5
Total deferred charges and other assets 560.0 548.8
TOTAL ASSETS 12,762.7 12,410.5
CURRENT LIABILITIES    
Accounts payable 290.9 395.8
Customer deposits 92.4 88.8
Accrued taxes 28.8 46.5
Accrued interest 47.5 40.8
Accrued compensation 22.6 27.8
Long-term debt due within one year 500.0 500.0
Other 49.6 49.3
Total current liabilities 1,031.8 1,149.0
LONG-TERM DEBT 3,944.3 3,498.9
DEFERRED CREDITS AND OTHER LIABILITIES    
Accrued benefit obligations 96.2 98.3
Deferred income taxes 1,284.8 1,271.1
Deferred investment tax credits 11.8 12.0
Regulatory liabilities 1,123.2 1,147.1
Other 185.0 188.9
Total deferred credits and other liabilities 2,701.0 2,717.4
Total liabilities 7,677.1 7,365.3
COMMITMENTS AND CONTINGENCIES (NOTE 12)
STOCKHOLDERS' EQUITY    
Common stockholders' equity 1,575.2 1,574.6
Retained earnings 3,510.4 3,470.6
Total stockholders' equity 5,085.6 5,045.2
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 12,762.7 $ 12,410.5