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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 0.2 $ 88.1
Accounts receivable 208.8 250.1
Accrued unbilled revenues 72.7 74.2
Income taxes receivable 18.2 20.7
Fuel inventories 158.5 108.8
Materials and supplies, at average cost 254.3 180.5
Fuel clause under recoveries 0.0 514.9
Other 58.8 103.5
Total current assets 771.5 1,340.8
OTHER PROPERTY AND INVESTMENTS    
Other 114.0 105.8
Total other property and investments 114.0 105.8
PROPERTY, PLANT AND EQUIPMENT    
In service 15,588.2 14,695.2
Construction work in progress 522.2 436.1
Total property, plant and equipment 16,110.4 15,131.3
Less: accumulated depreciation 4,809.4 4,584.5
Net property, plant and equipment 11,301.0 10,546.8
DEFERRED CHARGES AND OTHER ASSETS    
Regulatory assets 577.6 524.3
Other 26.6 27.0
Total deferred charges and other assets 604.2 551.3
TOTAL ASSETS 12,790.7 12,544.7
CURRENT LIABILITIES    
Short-term debt 499.2 0.0
Accounts payable 276.4 448.9
Dividends payable 83.8 82.9
Customer deposits 103.5 88.8
Accrued taxes 47.6 54.0
Accrued interest 57.4 41.1
Accrued compensation 46.8 37.0
Long-term debt due within one year 0.0 999.9
Fuel clause over recoveries 20.5 0.0
Other 44.0 49.6
Total current liabilities 1,179.2 1,802.2
LONG-TERM DEBT 4,340.5 3,548.7
DEFERRED CREDITS AND OTHER LIABILITIES    
Accrued benefit obligations 172.7 176.9
Deferred income taxes 1,300.8 1,233.5
Deferred investment tax credits 11.3 12.0
Regulatory liabilities 1,061.6 1,147.1
Other 213.0 210.9
Total deferred credits and other liabilities 2,759.4 2,780.4
Total liabilities 8,279.1 8,131.3
COMMITMENTS AND CONTINGENCIES (NOTE 13)
STOCKHOLDERS' EQUITY    
Common stockholders' equity 1,145.1 1,134.5
Retained earnings 3,373.7 3,290.9
Accumulated other comprehensive loss, net of tax (7.2) (11.9)
Treasury stock, at cost 0.0 (0.1)
Total stockholders' equity 4,511.6 4,413.4
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 12,790.7 12,544.7
OG&E [Member]    
CURRENT ASSETS    
Cash and cash equivalents 0.2 0.0
Accounts receivable 208.8 249.4
Accrued unbilled revenues 72.7 74.2
Advances to parent 0.0 91.0
Fuel inventories 158.5 108.8
Materials and supplies, at average cost 254.3 180.5
Fuel clause under recoveries 0.0 514.9
Other 46.7 97.8
Total current assets 741.2 1,316.6
OTHER PROPERTY AND INVESTMENTS    
Total other property and investments 4.6 4.4
PROPERTY, PLANT AND EQUIPMENT    
In service 15,582.1 14,689.1
Construction work in progress 522.2 436.1
Total property, plant and equipment 16,104.3 15,125.2
Less: accumulated depreciation 4,809.4 4,584.5
Net property, plant and equipment 11,294.9 10,540.7
DEFERRED CHARGES AND OTHER ASSETS    
Regulatory assets 577.6 524.3
Other 24.3 24.5
Total deferred charges and other assets 601.9 548.8
TOTAL ASSETS 12,642.6 12,410.5
CURRENT LIABILITIES    
Accounts payable 228.5 395.8
Advances from parent 147.7 0.0
Customer deposits 103.5 88.8
Accrued taxes 47.2 46.5
Accrued interest 56.6 40.8
Accrued compensation 37.0 27.8
Long-term debt due within one year 0.0 500.0
Fuel clause over recoveries 20.5 0.0
Other 43.6 49.3
Total current liabilities 684.6 1,149.0
LONG-TERM DEBT 4,290.6 3,498.9
DEFERRED CREDITS AND OTHER LIABILITIES    
Accrued benefit obligations 96.2 98.3
Deferred income taxes 1,340.8 1,271.1
Deferred investment tax credits 11.3 12.0
Regulatory liabilities 1,061.6 1,147.1
Other 182.8 188.9
Total deferred credits and other liabilities 2,692.7 2,717.4
Total liabilities 7,667.9 7,365.3
COMMITMENTS AND CONTINGENCIES (NOTE 13)
STOCKHOLDERS' EQUITY    
Common stockholders' equity 1,577.7 1,574.6
Retained earnings 3,397.0 3,470.6
Total stockholders' equity 4,974.7 5,045.2
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 12,642.6 $ 12,410.5