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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Jun. 30, 2020
Dec. 31, 2019
CURRENT ASSETS        
Cash and cash equivalents $ 0.0 $ 1.1 $ 67.5 $ 0.0
Accounts Receivable, after Allowance for Credit Loss, Current 173.2 157.8    
Accrued unbilled revenues 94.7 67.6    
Fuel inventories (46.1) (36.5)    
Income taxes receivable 4.1 8.1    
Materials and supplies, at average cost 119.0 116.2    
Fuel clause under recoveries 0.4 0.0    
Other 47.1 41.2    
Total current assets 484.6 428.5    
OTHER PROPERTY AND INVESTMENTS        
Investment in unconsolidated affiliates 451.7 397.4 376.5  
Other 90.3 86.7    
Total other property and investments 542.0 484.1    
PROPERTY, PLANT AND EQUIPMENT        
In service 13,582.7 13,296.7    
Construction work in progress 181.0 145.5    
Total property, plant and equipment 13,763.7 13,442.2    
Less: accumulated depreciation 4,188.5 4,067.6    
Property, Plant and Equipment, Net 9,575.2 9,374.6    
DEFERRED CHARGES AND OTHER ASSETS        
Regulatory assets 1,278.3 415.6    
Other 19.4 16.0    
Total deferred charges and other assets 1,297.7 431.6    
TOTAL ASSETS 11,899.5 10,718.8 10,439.1  
CURRENT LIABILITIES        
Short-term Debt 384.5 95.0    
Accounts payable 189.8 251.5    
Dividends payable 80.6 80.5    
Customer deposits 80.9 81.1    
Accrued taxes 56.5 55.7    
Accrued interest 40.8 40.2    
Accrued compensation 36.0 31.1    
Fuel clause over recoveries 4.7 28.6    
Other 37.5 33.7    
Total current liabilities 911.3 697.4    
LONG-TERM DEBT 4,495.2 3,494.4    
DEFERRED CREDITS AND OTHER LIABILITIES        
Accrued benefit obligations 179.8 231.4    
Deferred income taxes 1,206.5 1,268.6    
Deferred investment tax credits 10.9 10.9    
Regulatory liabilities 1,259.7 1,188.9    
Other 195.3 195.4    
Total deferred credits and other liabilities 2,852.2 2,895.2    
Total liabilities 8,258.7 7,087.0    
COMMITMENTS AND CONTINGENCIES (NOTE 14)    
STOCKHOLDERS' EQUITY        
Common stockholders' equity 1,120.9 1,124.6    
Retained earnings 2,547.9 2,544.6    
Accumulated other comprehensive loss, net of tax (27.9) (32.1) (27.9) (27.9)
Total stockholders' equity 3,640.8 3,631.8    
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 11,899.5 10,718.8    
Treasury Stock, Carrying Basis (0.1) (5.3)    
Accounts Receivable, Allowance for Credit Loss 1.8 2.6    
OG&E [Member]        
CURRENT ASSETS        
Cash and cash equivalents 0.0 0.0 67.5 0.0
Accounts Receivable, after Allowance for Credit Loss, Current 173.2 156.3    
Accrued unbilled revenues 94.7 67.7    
Advances to parent 118.0 272.0    
Fuel inventories (46.1) (36.5)    
Materials and supplies, at average cost 119.0 116.2    
Fuel clause under recoveries 0.4 0.0    
Other 38.3 36.9    
Total current assets 589.7 685.6    
OTHER PROPERTY AND INVESTMENTS        
Total other property and investments 3.9 4.1    
PROPERTY, PLANT AND EQUIPMENT        
In service 13,576.6 13,290.6    
Construction work in progress 181.0 145.5    
Total property, plant and equipment 13,757.6 13,436.1    
Less: accumulated depreciation 4,188.5 4,067.6    
Property, Plant and Equipment, Net 9,569.1 9,368.5    
DEFERRED CHARGES AND OTHER ASSETS        
Regulatory assets 1,278.3 415.6    
Other 18.3 15.2    
Total deferred charges and other assets 1,296.6 430.8    
TOTAL ASSETS 11,459.3 10,489.0    
CURRENT LIABILITIES        
Accounts payable 178.9 236.7    
Customer deposits 80.9 81.1    
Accrued taxes 53.4 53.3    
Accrued interest 40.5 40.2    
Accrued compensation 26.6 22.5    
Fuel clause over recoveries 4.7 28.6    
Other 37.4 33.5    
Total current liabilities 422.4 495.9    
LONG-TERM DEBT 3,995.4 3,494.4    
DEFERRED CREDITS AND OTHER LIABILITIES        
Accrued benefit obligations 98.0 135.4    
Deferred income taxes 951.2 1,020.8    
Deferred investment tax credits 10.9 10.9    
Regulatory liabilities 1,259.7 1,188.9    
Other 163.7 167.1    
Total deferred credits and other liabilities 2,483.5 2,523.1    
Total liabilities 6,901.3 6,513.4    
STOCKHOLDERS' EQUITY        
Common stockholders' equity 1,570.6 1,039.5    
Retained earnings 2,987.4 2,936.1    
Total stockholders' equity 4,558.0 3,975.6 $ 3,983.7 $ 3,958.3
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 11,459.3 $ 10,489.0