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Supplemental Cash Flow Information
12 Months Ended
Dec. 31, 2019
Supplemental Cash Flow Information [Abstract]  
SUPPLEMENTAL CASH FLOW INFORMATION SUPPLEMENTAL CASH FLOW INFORMATION
(in millions)
 
2019
 
2018
 
2017
Cash paid for interest, net of amount capitalized (1)
 
$
475.2

 
$
115.0

 
$
115.1

Cash paid for income taxes, net
 
45.8

 
17.7

 
71.7

Significant non-cash investing and financing transactions:
 
 
 
 
 
 
Accounts payable related to construction costs
 
36.1

 
14.0

 
13.2

Transfer of investment in ATC to another subsidiary of WEC Energy
 Group (2) (3)
 

 

 
415.4

Transfer of net assets to UMERC (2)
 

 

 
61.1

Equity settlement of a short-term note receivable between Bostco and our parent company
 

 

 
4.8



(1)
On January 1, 2019, we adopted ASU 2016-02, Leases (Topic 842). This ASU required us to prospectively change the classification of our finance lease payments on the income statement. As a result, during 2019, we classified the interest component of our finance lease payments as cash paid for interest since it was included in interest expense on the income statement. However, prior to our adoption of Topic 842, the interest component was not considered cash paid for interest since it was not included in interest expense on the income statement. See Note 12, Leases, for more information on Topic 842 and our finance leases.

(2)
See Note 3, Related Parties, for more information on these transactions.

(3)
The amount transferred includes a $13.4 million receivable for distributions approved and recorded in December 2016.