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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Sep. 30, 2020
Dec. 31, 2019
CURRENT ASSETS        
Cash and cash equivalents $ 1.5 $ 1.1 $ 32.0 $ 0.0
Accounts Receivable, after Allowance for Credit Loss, Current 242.3 157.8    
Accrued unbilled revenues 82.5 67.6    
Fuel inventories (35.0) (36.5)    
Income taxes receivable 0.5 8.1    
Materials and supplies, at average cost 111.4 116.2    
Fuel clause under recoveries 98.2 0.0    
Other 55.6 41.2    
Total current assets 627.0 428.5    
OTHER PROPERTY AND INVESTMENTS        
Investment in unconsolidated affiliates 478.9 397.4 376.8  
Other 90.8 86.7    
Total other property and investments 569.7 484.1    
PROPERTY, PLANT AND EQUIPMENT        
In service 13,703.9 13,296.7    
Construction work in progress 249.3 145.5    
Total property, plant and equipment 13,953.2 13,442.2    
Less: accumulated depreciation 4,257.3 4,067.6    
Property, Plant and Equipment, Net 9,695.9 9,374.6    
DEFERRED CHARGES AND OTHER ASSETS        
Regulatory assets 1,264.9 415.6    
Other 20.0 16.0    
Total deferred charges and other assets 1,284.9 431.6    
TOTAL ASSETS 12,177.5 10,718.8 10,497.6  
CURRENT LIABILITIES        
Short-term Debt 383.2 95.0    
Accounts payable 243.5 251.5    
Dividends payable 82.1 80.5    
Customer deposits 80.6 81.1    
Accrued taxes 82.8 55.7    
Accrued interest 42.5 40.2    
Accrued compensation 38.6 31.1    
Fuel clause over recoveries 0.0 28.6    
Other 40.6 33.7    
Total current liabilities 993.9 697.4    
LONG-TERM DEBT 4,495.8 3,494.4    
DEFERRED CREDITS AND OTHER LIABILITIES        
Accrued benefit obligations 175.2 231.4    
Deferred income taxes 1,240.9 1,268.6    
Deferred investment tax credits 11.0 10.9    
Regulatory liabilities 1,247.7 1,188.9    
Other 198.1 195.4    
Total deferred credits and other liabilities 2,872.9 2,895.2    
Total liabilities 8,362.6 7,087.0    
COMMITMENTS AND CONTINGENCIES (NOTE 14)    
STOCKHOLDERS' EQUITY        
Common stockholders' equity 1,123.0 1,124.6    
Retained earnings 2,718.3 2,544.6    
Accumulated other comprehensive loss, net of tax (26.3) (32.1) (25.7) (27.9)
Total stockholders' equity 3,814.9 3,631.8    
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 12,177.5 10,718.8    
Treasury Stock, Carrying Basis (0.1) (5.3)    
Accounts Receivable, Allowance for Credit Loss 2.4 2.6    
OG&E [Member]        
CURRENT ASSETS        
Cash and cash equivalents 1.5 0.0 32.0 0.0
Accounts Receivable, after Allowance for Credit Loss, Current 242.3 156.3    
Accrued unbilled revenues 82.5 67.7    
Advances to parent 0.0 272.0    
Fuel inventories (35.0) (36.5)    
Materials and supplies, at average cost 111.4 116.2    
Fuel clause under recoveries 98.2 0.0    
Other 49.4 36.9    
Total current assets 620.3 685.6    
OTHER PROPERTY AND INVESTMENTS        
Total other property and investments 3.9 4.1    
PROPERTY, PLANT AND EQUIPMENT        
In service 13,697.8 13,290.6    
Construction work in progress 249.3 145.5    
Total property, plant and equipment 13,947.1 13,436.1    
Less: accumulated depreciation 4,257.3 4,067.6    
Property, Plant and Equipment, Net 9,689.8 9,368.5    
DEFERRED CHARGES AND OTHER ASSETS        
Regulatory assets 1,264.9 415.6    
Other 19.0 15.2    
Total deferred charges and other assets 1,283.9 430.8    
TOTAL ASSETS 11,597.9 10,489.0    
CURRENT LIABILITIES        
Accounts payable 230.7 236.7    
Advances from parent 42.2 0.0    
Customer deposits 80.6 81.1    
Accrued taxes 76.1 53.3    
Accrued interest 41.3 40.2    
Accrued compensation 28.1 22.5    
Fuel clause over recoveries 0.0 28.6    
Other 40.4 33.5    
Total current liabilities 539.4 495.9    
LONG-TERM DEBT 3,995.9 3,494.4    
DEFERRED CREDITS AND OTHER LIABILITIES        
Accrued benefit obligations 93.5 135.4    
Deferred income taxes 981.5 1,020.8    
Deferred investment tax credits 11.0 10.9    
Regulatory liabilities 1,247.7 1,188.9    
Other 166.5 167.1    
Total deferred credits and other liabilities 2,500.2 2,523.1    
Total liabilities 7,035.5 6,513.4    
STOCKHOLDERS' EQUITY        
Common stockholders' equity 1,571.2 1,039.5    
Retained earnings 2,991.2 2,936.1    
Total stockholders' equity 4,562.4 3,975.6 $ 3,933.8 $ 3,958.3
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 11,597.9 $ 10,489.0