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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Current Assets    
Cash and cash equivalents $ 15.4 $ 27.1
Accounts receivable, net of allowance for doubtful accounts of $40.9 and $43.0, respectively 503.2 461.4
Accounts receivable from related parties 58.2 41.1
Materials, supplies and inventories 271.0 301.6
Prepayments 138.0 171.8
Other 24.6 19.6
Total current assets 1,010.4 1,022.6
Long-term assets    
Property, plant, and equipment, net of accumulated depreciation of $3,619.6 and $3,461.9, respectively 9,832.3 9,767.5
Regulatory assets 2,036.6 1,855.9
Equity investment in transmission affiliate 402.0 382.2
Other 90.2 111.4
Long-term assets 12,361.1 12,117.0
Total Assets 13,371.5 13,139.6
Current Liabilities    
Short-term debt 159.0 144.0
Current portion of capital lease obligations 28.5 123.6
Subsidiary note payable to WEC Energy Group 18.5 19.6
Accounts payable 297.9 286.4
Accounts payable to related parties 112.9 95.7
Accrued payroll and benefits 51.8 87.5
Accrued taxes 46.0 15.6
Other 100.1 100.1
Current liabilities 814.7 872.5
Long-term liabilities    
Long-term debt 2,661.1 2,658.8
Capital lease obligations 2,756.5 2,692.5
Deferred income taxes 2,333.3 2,110.0
Regulatory liabilities 853.9 741.2
Pension and OPEB obligations 167.6 210.9
Other 260.2 259.3
Long-term liabilities 9,032.6 8,672.7
Commitments and contingencies (Note 16)
Common shareholder's equity    
Common stock - $10 par value; 65,000,000 shares authorized; 33,289,327 shares outstanding 332.9 332.9
Additional paid in capital 1,020.1 999.7
Retained earnings 2,140.8 2,231.4
Common shareholder's equity 3,493.8 3,564.0
Preferred stock 30.4 30.4
Total liabilities and equity $ 13,371.5 $ 13,139.6