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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues from contracts with customers $ 719.7 $ 644.1 $ 1,460.8 $ 1,226.7
Other revenues 21.9 18.5 28.5 32.7
Operating revenues 741.6 662.6 1,489.3 1,259.4
FUEL, PURCHASED POWER AND DIRECT TRANSMISSION EXPENSE 261.1 193.9 585.1 426.1
OPERATING EXPENSES        
Other operation and maintenance 127.1 130.4 248.9 262.8
Depreciation and amortization 140.6 135.5 278.0 264.7
Taxes other than income 26.2 26.9 57.4 55.9
Operating expenses 293.9 292.8 584.3 583.4
OPERATING INCOME 186.6 175.9 319.9 249.9
OTHER INCOME (EXPENSE)        
Allowance for equity funds used during construction 6.0 6.6 13.0 11.3
Other net periodic benefit income (expense) (2.9) 1.6 (5.5) 3.3
Other income 17.2 8.9 24.2 13.4
Other expense (5.2) (6.6) (9.7) (11.1)
Net other income 15.1 10.5 22.0 16.9
INTEREST EXPENSE        
Interest on long-term debt 66.6 54.9 128.0 106.9
Allowance for borrowed funds used during construction (3.7) (3.4) (8.2) (6.8)
Interest on short-term debt and other interest charges 9.3 13.4 19.7 25.0
Interest expense 72.2 64.9 139.5 125.1
INCOME BEFORE TAXES 129.5 121.5 202.4 141.7
INCOME TAX EXPENSE 22.0 19.2 32.2 20.8
NET INCOME $ 107.5 $ 102.3 $ 170.2 $ 120.9
BASIC AVERAGE COMMON SHARES OUTSTANDING 201.3 200.8 201.3 200.6
DILUTED AVERAGE COMMON SHARES OUTSTANDING 202.1 201.4 202.0 201.0
BASIC EARNINGS PER AVERAGE COMMON SHARE $ 0.53 $ 0.51 $ 0.85 $ 0.6
DILUTED EARNINGS PER AVERAGE COMMON SHARE $ 0.53 $ 0.51 $ 0.84 $ 0.6
Other comprehensive income, net of tax $ 0.1 $ 0.1    
Comprehensive income 107.6 102.4 $ 170.4 $ 124.9
OG&E [Member]        
Revenues from contracts with customers 719.7 644.1 1,460.8 1,226.7
Other revenues 21.9 18.5 28.5 32.7
Operating revenues 741.6 662.6 1,489.3 1,259.4
FUEL, PURCHASED POWER AND DIRECT TRANSMISSION EXPENSE 261.1 193.9 585.1 426.1
OPERATING EXPENSES        
Other operation and maintenance 126.3 130.2 248.1 262.6
Depreciation and amortization 140.6 135.5 278.0 264.7
Taxes other than income 26.2 26.9 57.4 55.9
Operating expenses 293.1 292.6 583.5 583.2
OPERATING INCOME 187.4 176.1 320.7 250.1
OTHER INCOME (EXPENSE)        
Allowance for equity funds used during construction 6.0 6.6 13.0 11.3
Other net periodic benefit income (expense) (2.6) 1.8 (5.1) 3.6
Other income 4.1 3.2 9.4 5.2
Other expense (0.5) (1.4) (1.4) (3.3)
Net other income 7.0 10.2 15.9 16.8
INTEREST EXPENSE        
Interest on long-term debt 60.8 51.3 116.4 102.4
Allowance for borrowed funds used during construction (3.7) (3.4) (8.2) (6.8)
Interest on short-term debt and other interest charges 6.3 7.0 12.0 10.7
Interest expense 63.4 54.9 120.2 106.3
INCOME BEFORE TAXES 131.0 131.4 216.4 160.6
INCOME TAX EXPENSE 23.3 22.1 37.7 26.1
NET INCOME 107.7 109.3 178.7 134.5
Other comprehensive income, net of tax 0.0 0.0 0.0 0.0
Comprehensive income $ 107.7 $ 109.3 $ 178.7 $ 134.5