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CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 0.3 $ 1.5
Materials, supplies, and inventories 158.2 167.1
Prepaid taxes 50.7 57.4
Other prepayments 3.8 8.2
Other 19.1 13.8
Current assets 483.8 502.7
Long-term assets    
Property, plant, and equipment, net of accumulated depreciation and amortization of $2,260.7 and $2,190.8, respectively 6,280.0 6,139.2
Regulatory assets 432.2 449.7
Goodwill 36.4 36.4
Pension and OPEB assets 340.7 328.9
Other 42.5 38.8
Long-term assets 7,131.8 6,993.0
Total assets 7,615.6 7,495.7
Current liabilities    
Short-term debt 83.5 62.0
Current portion of long-term debt 300.0 300.0
Customer credit balances 31.1 33.7
Other 60.2 53.0
Current liabilities 646.7 645.1
Long-term liabilities    
Long-term debt 1,958.5 1,958.0
Finance lease obligations 75.7 65.7
Deferred income taxes 1,014.8 996.9
Deferred ITCs 72.9 68.2
Regulatory liabilities 698.8 696.3
Environmental remediation liabilities 76.8 77.3
AROs 196.9 191.2
Other 91.5 85.2
Long-term liabilities 4,185.9 4,138.8
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 1,857.4 1,857.2
Retained earnings 830.0 759.0
Common shareholder's equity 2,783.0 2,711.8
Total liabilities and equity 7,615.6 7,495.7
Related party    
Current assets    
Accounts receivables 16.3 29.6
Current liabilities    
Accounts payable 77.7 77.5
Nonrelated party    
Current assets    
Accounts receivables 235.4 225.1
Current liabilities    
Accounts payable $ 94.2 $ 118.9