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CONDENSED STATEMENTS OF EQUITY - USD ($)
$ in Millions
Total
Total common shareholder's equity
Common stock
Additional paid in capital
Retained earnings
Balance at Dec. 31, 2023   $ 2,553.7 $ 95.6 $ 1,782.0 $ 676.1
Statements of equity          
Net income   67.4 0.0 0.0 67.4
Equity contribution from parent   20.0 0.0 20.0 0.0
Payment of dividends to parent   (80.0) 0.0 0.0 (80.0)
Stock-based compensation and other   0.2 0.0 0.2 0.0
Balance at Mar. 31, 2024   2,561.3 95.6 1,802.2 663.5
Balance at Dec. 31, 2023   2,553.7 95.6 1,782.0 676.1
Statements of equity          
Net income $ 111.1        
Equity contribution from parent 75.0        
Payment of dividends to parent (110.0)        
Balance at Jun. 30, 2024   2,630.0 95.6 1,857.2 677.2
Balance at Mar. 31, 2024   2,561.3 95.6 1,802.2 663.5
Statements of equity          
Net income 43.7 43.7 0.0 0.0 43.7
Equity contribution from parent   55.0 0.0 55.0 0.0
Payment of dividends to parent   (30.0) 0.0 0.0 (30.0)
Balance at Jun. 30, 2024   2,630.0 95.6 1,857.2 677.2
Balance at Dec. 31, 2024   2,711.8 95.6 1,857.2 759.0
Statements of equity          
Net income   75.8 0.0 0.0 75.8
Payment of dividends to parent   (30.0) 0.0 0.0 (30.0)
Stock-based compensation and other   0.1 0.0 0.1 0.0
Balance at Mar. 31, 2025   2,757.7 95.6 1,857.3 804.8
Balance at Dec. 31, 2024   2,711.8 95.6 1,857.2 759.0
Statements of equity          
Net income 131.0        
Equity contribution from parent 0.0        
Payment of dividends to parent (60.0)        
Balance at Jun. 30, 2025   2,783.0 95.6 1,857.4 830.0
Balance at Mar. 31, 2025   2,757.7 95.6 1,857.3 804.8
Statements of equity          
Net income $ 55.2 55.2 0.0 0.0 55.2
Payment of dividends to parent   (30.0) 0.0 0.0 (30.0)
Stock-based compensation and other   0.1 0.0 0.1 0.0
Balance at Jun. 30, 2025   $ 2,783.0 $ 95.6 $ 1,857.4 $ 830.0