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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 624.8 $ 86.6
Restricted cash and equivalents 6.9 6.4
Accounts receivable, net 221.5 350.3
Materials, supplies and fuel 134.8 160.9
Income tax receivable, net 19.8 18.5
Regulatory assets, current 142.9 175.7
Other current assets 22.9 28.2
Total current assets 1,173.6 826.6
Property, plant and equipment 9,238.1 8,917.2
Less accumulated depreciation (1,882.6) (1,797.9)
Total property, plant and equipment, net 7,355.5 7,119.3
Other assets:    
Goodwill 1,299.5 1,299.5
Intangible assets, net 8.1 8.4
Regulatory assets, non-current 281.9 304.4
Other assets, non-current 67.3 62.2
Total other assets, non-current 1,656.8 1,674.5
TOTAL ASSETS 10,185.9 9,620.4
Current liabilities:    
Accounts payable 155.2 186.4
Accrued liabilities 259.6 293.3
Derivative liabilities, current 1.7 6.5
Regulatory liabilities, current 90.3 98.9
Notes payable 0.0 0.0
Current maturities of long-term debt 600.0 600.0
Total current liabilities 1,106.8 1,185.1
Long-term debt, net of current maturities 4,247.1 3,801.2
Deferred credits and other liabilities:    
Deferred income tax liabilities, net 598.5 548.0
Regulatory liabilities, non-current 467.1 467.7
Benefit plan liabilities 122.0 123.9
Other deferred credits and other liabilities 201.0 188.7
Total deferred credits and other liabilities 1,388.6 1,328.3
Commitments, contingencies and guarantees (Note 3)
Equity:    
Common stock $1 par value; 100,000,000 shares authorized; issued 69,747,220 and 68,265,042 shares, respectively 69.7 68.3
Additional paid-in capital 2,084.2 2,007.7
Retained earnings 1,219.6 1,158.2
Treasury stock, at cost - 83,160 and 68,073 shares, respectively (4.9) (4.1)
Accumulated other comprehensive income (loss) (11.3) (14.8)
Total stockholders’ equity 3,357.3 3,215.3
Non-controlling interest 86.1 90.5
Total equity 3,443.4 3,305.8
TOTAL LIABILITIES AND TOTAL EQUITY $ 10,185.9 $ 9,620.4