XML 27 R7.htm IDEA: XBRL DOCUMENT v3.25.4
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Property, Plant and Equipment    
Regulated Energy $ 2,941.6 $ 2,661.8
Unregulated Energy 492.4 463.7
Other businesses 38.3 29.9
Total property, plant and equipment 3,472.3 3,155.4
Accumulated depreciation 637.6 567.6
Construction Work in Progress 283.7 148.1
Net property, plant and equipment 3,118.4 2,735.9
Current Assets    
Cash and cash equivalents 1.8 7.9
Accounts Receivable, before Allowance for Credit Loss, Current 106.9 80.0
Allowance for uncollectible accounts 5.4 3.3
Trade and other receivables, net 101.5 76.7
Accrued Revenue 50.1 37.8
Propane inventory, at average cost 8.8 8.9
Other inventory, at average cost 17.9 18.0
Regulatory assets 29.7 23.9
Storage gas prepayments 4.5 3.8
Income taxes receivable 0.0 6.8
Prepaid expenses 19.7 17.3
Derivative assets, at fair value 0.0 0.6
Other current assets 3.0 2.6
Total current assets 237.0 204.3
Deferred Charges and Other Assets    
Goodwill 507.5 507.7
Other intangible assets, net 13.2 15.0
Investments, Fair Value Disclosure 17.2 14.4
Operating Lease, Right-of-Use Asset 9.9 10.5
Regulatory assets 74.3 77.4
Receivables and other deferred charges 17.3 11.7
Total deferred charges and other assets 639.4 636.8
Total Assets 3,994.8 3,577.0
Stockholders’ equity    
Preferred stock, par value $0.01 per share (authorized 2,000,000 shares), no shares issued and outstanding 0.0 0.0
Common stock, par value $0.4867 per share (authorized 75,000,000 shares) 11.6 11.1
Additional paid-in capital 962.8 830.5
Retained earnings 626.8 550.3
Accumulated other comprehensive loss (2.7) (1.7)
Deferred compensation obligation 12.6 9.8
Treasury Stock, Value (12.6) (9.8)
Total stockholders’ equity 1,598.5 1,390.2
Long-term debt, net of current maturities 1,327.1 1,261.7
Total capitalization 2,925.6 2,651.9
Current Liabilities    
Current portion of long-term debt 134.6 25.5
Short-term borrowing 158.0 196.5
Accounts payable 115.2 78.3
Customer deposits and refunds 45.1 45.7
Accrued interest 8.7 4.8
Dividends payable 16.4 14.7
Accrued compensation 21.6 23.9
Regulatory liabilities 14.5 16.1
Derivative liabilities, at fair value 0.8 0.0
Other accrued liabilities 15.0 13.9
Total current liabilities 529.9 419.4
Deferred Credits and Other Liabilities    
Deferred income taxes 313.3 296.1
Regulatory liabilities 188.1 184.0
Environmental liabilities 2.9 2.2
Other pension and benefit costs 14.0 13.2
Operating Lease, Liability, Noncurrent 7.9 8.7
Deferred investment tax credits and other liabilities 12.5 1.4
Total deferred credits and other liabilities 539.3 505.7
Commitments and Contingencies
Total Capitalization and Liabilities 3,994.8 3,577.0
Regulated Energy 2,941.6 2,661.8
Unregulated Energy 492.4 463.7
Other businesses 38.3 29.9
Total property, plant and equipment 3,472.3 3,155.4
Accumulated depreciation 637.6 567.6
Construction Work in Progress 283.7 148.1
Net property, plant and equipment 3,118.4 2,735.9
Cash and cash equivalents 1.8 7.9
Accounts Receivable, before Allowance for Credit Loss, Current 106.9 80.0
Allowance for uncollectible accounts 5.4 3.3
Trade and other receivables, net 101.5 76.7
Accrued Revenue 50.1 37.8
Propane inventory, at average cost 8.8 8.9
Other inventory, at average cost 17.9 18.0
Regulatory assets 29.7 23.9
Storage gas prepayments 4.5 3.8
Income taxes receivable 0.0 6.8
Prepaid expenses 19.7 17.3
Derivative assets, at fair value 0.0 0.6
Other current assets 3.0 2.6
Disposal Group, Including Discontinued Operation, Assets, Current 237.0 204.3
Goodwill 507.5 507.7
Other intangible assets, net 13.2 15.0
Investments, Fair Value Disclosure 17.2 14.4
Energy Marketing Contracts Assets, Noncurrent 0.0 0.1
Operating Lease, Right-of-Use Asset 9.9 10.5
Regulatory assets 74.3 77.4
Receivables and other deferred charges 17.3 11.7
Deferred Charges And Other Assets 639.4 636.8
Total identifiable assets 3,994.8 3,577.0
Preferred stock, par value $0.01 per share (authorized 2,000,000 shares), no shares issued and outstanding 0.0 0.0
Common stock, par value $0.4867 per share (authorized 75,000,000 shares) 11.6 11.1
Additional paid-in capital 962.8 830.5
Retained earnings 626.8 550.3
Accumulated other comprehensive loss (2.7) (1.7)
Deferred compensation obligation 12.6 9.8
Treasury Stock, Value 12.6 9.8
Stockholders' Equity Attributable to Parent 1,598.5 1,390.2
Long-term debt, net of current maturities 1,327.1 1,261.7
Total capitalization 2,925.6 2,651.9
Current portion of long-term debt 134.6 25.5
Short-term borrowing 158.0 196.5
Accounts payable 115.2 78.3
Customer deposits and refunds 45.1 45.7
Accrued interest 8.7 4.8
Dividends payable 16.4 14.7
Accrued compensation 21.6 23.9
Regulatory liabilities 14.5 16.1
Derivative liabilities, at fair value 0.8 0.0
Other accrued liabilities 15.0 13.9
Liabilities, Current 529.9 419.4
Deferred income taxes 313.3 296.1
Regulatory liabilities 188.1 184.0
Environmental liabilities 2.9 2.2
Other pension and benefit costs 14.0 13.2
Energy Marketing Contract Liabilities, Noncurrent 0.6 0.1
Operating Lease, Liability, Noncurrent 7.9 8.7
Deferred investment tax credits and other liabilities 12.5 1.4
Deferred Credits and Other Liabilities 539.3 505.7
Liabilities and Equity 3,994.8 3,577.0
Allowance for uncollectible accounts 5.4 3.3
Operating Lease, Liability, Noncurrent $ 7.9 $ 8.7