REGULATORY ASSETS AND LIABILITIES

6 Months Ended

Jun. 30, 2021

Regulatory Assets and Liabilities Disclosure [Abstract]

REGULATORY ASSETS AND LIABILITIES

REGULATORY ASSETS AND LIABILITIES

The following regulatory assets and liabilities were reflected on our balance sheets at June 30, 2021 and December 31, 2020. For more information on our regulatory assets and liabilities, see Note 5, Regulatory Assets and Liabilities, in our 2020 Annual Report on Form 10-K.

(in millions)	June 30, 2021		December 31, 2020
Regulatory assets
Finance leases	$	1,010.2	$	985.5
Plant retirements	661.7		669.8
Pension and OPEB costs	457.4		477.0
Income tax related items	390.4		392.6
SSR	132.8		135.6
Securitization (1)	106.0		105.2
Asset retirement obligations	27.9		28.6
Other, net	4.2		9.0
Total regulatory assets	$	2,790.6	$	2,803.3

(1)See Note 16, Variable Interest Entities, for more information.

(in millions)	June 30, 2021		December 31, 2020
Regulatory liabilities
Income tax related items	$	768.7	$	806.7
Removal costs	689.3		677.2
Pension and OPEB benefits	129.1		132.1
Electric transmission costs	61.4		61.7
Derivatives	36.1		5.9
Other, net	19.1		24.3
Total regulatory liabilities	$	1,703.7	$	1,707.9
Balance sheet presentation
Other current liabilities	$	2.9	$	4.2
Regulatory liabilities	1,700.8		1,703.7
Total regulatory liabilities	$	1,703.7	$	1,707.9