Segment Information Segment Information (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

:

	For the Year Ended December 31,
	2024								2023
(in millions)	Regulated		Unregulated		Other and Eliminations (1)		Total		Regulated		Unregulated		Other and Eliminations (1)		Total
Operating revenues, unaffiliated customers	$	578.3	$	208.9	$	0.2	$	787.4	$	471.6	$	199.0	$	0.2	$	670.8
Intersegment revenues (2)	5.1		19.5		(24.8)		(0.2)		2.0		24.1		(26.3)		(0.2)
	583.4		228.4		(24.6)		787.2		473.6		223.1		(26.1)		670.6
Less:
Natural gas, propane and electric costs	144.2		100.2		(24.6)		219.8		140.0		102.5		(26.0)		216.5
Operations and maintenance expenses	158.5		74.4		(0.3)		232.6		125.3		73.8		(0.3)		198.8
Depreciation and amortization	48.8		16.9		—		65.7		48.2		17.3		—		65.5
Other segment items (3)	35.7		5.2		—		40.9		33.9		5.1		—		39.0
Segment operating income	$	196.2	$	31.7	$	0.3	$	228.2	$	126.2	$	24.4	$	0.2	$	150.8
Other income, net							2.0								1.4
Interest charges							68.4								36.9
Income before income taxes							161.8								115.3
Income taxes							43.2								28.1
Net Income							$	118.6							$	87.2
Capital expenditures (4)	$	320.2	$	33.9	$	1.7	$	355.8	$	1,095.9	$	40.3	$	1.8	$	1,138.0

(1) Other revenues and other operating income (loss) amounts are attributable to eliminations and unregulated subsidiaries that own real estate leased to the Company.

(2) All significant intersegment revenues are billed at market rates and have been eliminated from consolidated revenues.

(3) Other segment items for each reportable segment include: Regulated - Other taxes and transaction and transition costs related to the acquisition and integration of FCG; Unregulated - Other taxes.

(4) Regulated capital expenditures in 2023 include our acquisition of FCG for $922.8 million. See Note 4 for additional details.

	For the Year Ended December 31, 2022
(in millions)	Regulated		Unregulated		Other and Eliminations (1)		Total
Operating revenues, unaffiliated customers	$	422.9	$	257.8	$	0.3	$	681.0
Intersegment revenues (2)	6.5		23.0		(29.8)		(0.3)
	429.4		280.8		(29.5)		680.7
Less:
Natural gas, propane and electric costs	127.2		162.7		(29.4)		260.5
Operations and maintenance expenses	113.0		70.0		(0.3)		182.7
Depreciation and amortization	52.7		16.3		—		69.0
Other segment items (3)	21.2		4.3		0.1		25.6
Segment operating income	$	115.3	$	27.5	$	0.1	$	142.9
Other income, net							5.1
Interest charges							24.4
Income before income taxes							123.6
Income taxes							33.8
Net Income							$	89.8
Capital expenditures	$	97.6	$	40.8	$	2.4	$	140.8

(1) Other revenues and other operating income (loss) amounts are attributable to eliminations and unregulated subsidiaries that own real estate leased to the Company.

(2) All significant intersegment revenues are billed at market rates and have been eliminated from consolidated revenues.

(3) Other segment items for each reportable segment include: Regulated - Other taxes; Unregulated - Other taxes.

	As of December 31,
(in millions)	2024		2023
Identifiable Assets
Regulated Energy segment	$	3,042.9	$	2,781.6
Unregulated Energy segment	486.4		477.4
Other businesses and eliminations	47.7		45.7
Total identifiable assets	$	3,577.0	$	3,304.7