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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Jun. 30, 2025
Dec. 31, 2024
CURRENT ASSETS    
Cash and cash equivalents $ 500,000 $ 600,000
Accounts receivable 326,500,000 240,600,000
Accrued unbilled revenues 105,600,000 74,600,000
Income taxes receivable 200,000 0
Fuel inventories 144,900,000 148,300,000
Materials and supplies, at average cost 228,700,000 229,400,000
Fuel clause under recoveries 97,900,000 112,700,000
Other 65,000,000 88,900,000
Total current assets 969,300,000 895,100,000
OTHER PROPERTY AND INVESTMENTS    
Other 134,400,000 124,200,000
Total other property and investments 134,400,000 124,200,000
PROPERTY, PLANT AND EQUIPMENT    
In service 16,785,200,000 16,254,600,000
Construction work in progress 690,700,000 814,200,000
Total property, plant and equipment 17,475,900,000 17,068,800,000
Less: accumulated depreciation 5,100,600,000 4,982,200,000
Net property, plant and equipment 12,375,300,000 12,086,600,000
DEFERRED CHARGES AND OTHER ASSETS    
Regulatory assets 561,800,000 568,100,000
Other 48,300,000 42,000,000
Total deferred charges and other assets 610,100,000 610,100,000
TOTAL ASSETS 14,089,100,000 13,716,000,000
CURRENT LIABILITIES    
Short-term debt 534,500,000 469,300,000
Accounts payable 287,900,000 305,700,000
Dividends payable 84,800,000 84,700,000
Customer deposits 120,300,000 111,100,000
Accrued taxes 69,900,000 58,800,000
Accrued interest 68,700,000 63,800,000
Accrued compensation 37,300,000 53,000,000
Long-term debt due within one year 0 32,400,000
Fuel clause over recoveries 6,300,000 9,300,000
Other 41,000,000 41,700,000
Total current liabilities 1,250,700,000 1,229,800,000
LONG-TERM DEBT 5,367,200,000 5,020,900,000
DEFERRED CREDITS AND OTHER LIABILITIES    
Accrued benefit obligations 165,600,000 170,900,000
Deferred income taxes 1,402,900,000 1,371,100,000
Deferred investment tax credits 10,200,000 10,600,000
Regulatory liabilities 985,200,000 1,016,400,000
Other 262,400,000 255,400,000
Total deferred credits and other liabilities 2,826,300,000 2,824,400,000
Total liabilities 9,444,200,000 9,075,100,000
COMMITMENTS AND CONTINGENCIES (NOTE 12)
STOCKHOLDERS' EQUITY    
Common stockholders' equity 1,173,200,000 1,167,900,000
Retained earnings 3,474,200,000 3,475,700,000
Accumulated other comprehensive loss, net of tax (2,500,000) (2,700,000)
Total stockholders' equity 4,644,900,000 4,640,900,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 14,089,100,000 13,716,000,000
OG&E [Member]    
CURRENT ASSETS    
Cash and cash equivalents 200,000 200,000
Accounts receivable 326,000,000 240,100,000
Accrued unbilled revenues 105,600,000 74,600,000
Advances to parent 42,300,000 0
Fuel inventories 144,900,000 148,300,000
Materials and supplies, at average cost 228,700,000 229,400,000
Fuel clause under recoveries 97,900,000 112,700,000
Other 63,500,000 83,200,000
Total current assets 1,009,100,000 888,500,000
OTHER PROPERTY AND INVESTMENTS    
Total other property and investments 4,500,000 4,500,000
PROPERTY, PLANT AND EQUIPMENT    
In service 16,779,100,000 16,248,500,000
Construction work in progress 690,700,000 814,200,000
Total property, plant and equipment 17,469,800,000 17,062,700,000
Less: accumulated depreciation 5,100,600,000 4,982,200,000
Net property, plant and equipment 12,369,200,000 12,080,500,000
DEFERRED CHARGES AND OTHER ASSETS    
Regulatory assets 561,800,000 568,100,000
Other 46,200,000 39,700,000
Total deferred charges and other assets 608,000,000 607,800,000
TOTAL ASSETS 13,990,800,000 13,581,300,000
CURRENT LIABILITIES    
Accounts payable 283,700,000 272,200,000
Advances from parent 0 247,600,000
Customer deposits 120,300,000 111,100,000
Accrued taxes 50,200,000 51,400,000
Accrued interest 66,300,000 61,400,000
Accrued compensation 37,300,000 53,000,000
Long-term debt due within one year 0 32,400,000
Fuel clause over recoveries 6,300,000 9,300,000
Other 40,900,000 41,800,000
Total current liabilities 605,000,000 880,200,000
LONG-TERM DEBT 4,960,200,000 4,614,300,000
DEFERRED CREDITS AND OTHER LIABILITIES    
Accrued benefit obligations 97,500,000 102,200,000
Deferred income taxes 1,443,400,000 1,410,700,000
Deferred investment tax credits 10,200,000 10,600,000
Regulatory liabilities 985,200,000 1,016,400,000
Other 227,600,000 220,500,000
Total deferred credits and other liabilities 2,763,900,000 2,760,400,000
Total liabilities 8,329,100,000 8,254,900,000
COMMITMENTS AND CONTINGENCIES (NOTE 12)
STOCKHOLDERS' EQUITY    
Common stockholders' equity 1,746,100,000 1,589,500,000
Retained earnings 3,915,600,000 3,736,900,000
Total stockholders' equity 5,661,700,000 5,326,400,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 13,990,800,000 $ 13,581,300,000