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CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 2.7 $ 0.5
Accounts receivable and unbilled revenues, net of reserves of $13.2 and $11.7, respectively 264.2 267.8
Accounts receivable from related parties 25.8 31.8
Materials, supplies, and inventories 140.2 164.5
Prepaid taxes 39.1 58.4
Other prepayments 4.4 6.0
Collateral on deposit 40.6 26.6
Other 4.4 9.5
Current assets 521.4 565.1
Long-term assets    
Property, plant, and equipment, net of accumulated depreciation and amortization of $1,925.3 and $1,820.6, respectively 5,444.3 5,376.7
Regulatory assets 375.4 365.5
Goodwill 36.4 36.4
Pension and OPEB assets 288.2 282.1
Other 50.8 83.0
Long-term assets 6,195.1 6,143.7
Total assets 6,716.5 6,708.8
Current liabilities    
Short-term debt 45.0 194.9
Accounts payable 118.5 176.9
Accounts payable to related parties 50.8 49.8
Accrued payroll and benefits 20.0 22.4
Accrued interest 27.3 12.0
Amounts refundable to customers 36.3 9.9
Derivative liabilities 26.8 16.3
Customer credit balances 20.0 20.1
Other 12.7 17.5
Current liabilities 357.4 519.8
Long-term liabilities    
Long-term debt 2,000.1 1,999.9
Deferred income taxes 870.7 860.7
Deferred ITCs 77.5 78.5
Regulatory liabilities 648.6 650.3
Environmental remediation liabilities 84.5 88.6
Other 128.0 127.7
Long-term liabilities 3,809.4 3,805.7
Commitments and contingencies (Note 17)
Common shareholder's equity    
Common stock – $4 par value; 32,000,000 shares authorized; 23,896,962 shares issued and outstanding 95.6 95.6
Additional paid in capital 1,781.9 1,616.8
Retained earnings 672.2 670.9
Common shareholders' equity 2,549.7 2,383.3
Total liabilities and equity $ 6,716.5 $ 6,708.8