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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
CURRENT ASSETS    
Accounts Receivable, after Allowance for Credit Loss, Current $ 164.6 $ 162.3
Accrued unbilled revenues 62.3 65.0
Income taxes receivable 1.0 2.6
Fuel inventories 64.3 40.6
Materials and supplies, at average cost 119.5 117.9
Fuel clause under recoveries 182.3 151.9
Other 63.4 73.3
Total current assets 657.4 613.6
OTHER PROPERTY AND INVESTMENTS    
Other 116.6 120.0
Total other property and investments 1,184.0 905.1
PROPERTY, PLANT AND EQUIPMENT    
In service 14,111.7 13,899.8
Construction work in progress 229.6 252.0
Total property, plant and equipment 14,341.3 14,151.8
Less: accumulated depreciation 4,370.0 4,318.9
Net property, plant and equipment 9,971.3 9,832.9
DEFERRED CHARGES AND OTHER ASSETS    
Regulatory assets 1,256.7 1,230.8
Other 24.2 24.0
Total deferred charges and other assets 1,280.9 1,254.8
TOTAL ASSETS 13,093.6 12,606.4
CURRENT LIABILITIES    
Short-term debt 731.5 486.9
Accounts payable 300.9 274.0
Dividends payable 82.1 82.1
Customer deposits 81.5 81.1
Accrued taxes 39.9 52.9
Accrued interest 42.6 40.8
Accrued compensation 26.0 37.7
Other 38.3 34.1
Total current liabilities 1,342.8 1,089.6
LONG-TERM DEBT 4,497.0 4,496.4
DEFERRED CREDITS AND OTHER LIABILITIES    
Accrued benefit obligations 148.8 159.8
Deferred income taxes 1,385.6 1,333.3
Deferred investment tax credits 14.2 12.8
Regulatory liabilities 1,223.3 1,231.1
Other 219.2 227.1
Total deferred credits and other liabilities 2,991.1 2,964.1
Total liabilities 8,830.9 8,550.1
COMMITMENTS AND CONTINGENCIES (NOTE 13)
STOCKHOLDERS' EQUITY    
Common stockholders' equity 1,127.2 1,125.8
Retained earnings 3,152.6 2,955.4
Accumulated other comprehensive loss, net of tax (17.0) (24.8)
Treasury Stock, Carrying Basis 0.1 (0.1)
Total stockholders' equity 4,262.7 4,056.3
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 13,093.6 12,606.4
OG&E [Member]    
CURRENT ASSETS    
Accounts Receivable, after Allowance for Credit Loss, Current 164.5 162.0
Accrued unbilled revenues 62.3 65.0
Fuel inventories 64.3 40.6
Materials and supplies, at average cost 119.5 117.9
Fuel clause under recoveries 182.3 151.9
Other 58.5 67.7
Total current assets 651.4 605.1
OTHER PROPERTY AND INVESTMENTS    
Total other property and investments 3.8 3.9
PROPERTY, PLANT AND EQUIPMENT    
In service 14,105.6 13,893.7
Construction work in progress 229.6 252.0
Total property, plant and equipment 14,335.2 14,145.7
Less: accumulated depreciation 4,370.0 4,318.9
Net property, plant and equipment 9,965.2 9,826.8
DEFERRED CHARGES AND OTHER ASSETS    
Regulatory assets 1,256.7 1,230.8
Other 21.7 21.4
Total deferred charges and other assets 1,278.4 1,252.2
TOTAL ASSETS 11,898.8 11,688.0
CURRENT LIABILITIES    
Short-term debt 182.5 0.0
Accounts payable 270.5 240.6
Advances from parent 90.3 101.3
Customer deposits 81.5 81.1
Accrued taxes 31.9 50.8
Accrued interest 41.3 40.4
Accrued compensation 20.5 27.8
Other 38.2 33.8
Total current liabilities 756.7 575.8
LONG-TERM DEBT 3,997.1 3,996.5
DEFERRED CREDITS AND OTHER LIABILITIES    
Accrued benefit obligations 70.7 75.1
Deferred income taxes 1,007.2 1,000.4
Deferred investment tax credits 14.2 12.8
Regulatory liabilities 1,223.3 1,231.1
Other 187.0 193.5
Total deferred credits and other liabilities 2,502.4 2,512.9
Total liabilities 7,256.2 7,085.2
STOCKHOLDERS' EQUITY    
Common stockholders' equity 1,572.5 1,571.7
Retained earnings 3,070.1 3,031.1
Total stockholders' equity 4,642.6 4,602.8
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 11,898.8 $ 11,688.0