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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash and Cash Equivalents $ 259,340 $ 26,656
Receivables, Net (net of allowance for uncollectible accounts) 1,656,090 1,651,325
Unbilled Revenues 162,932 242,169
Materials, Supplies, Natural Gas and REC Inventory 528,111 594,568
Regulatory Assets 1,831,224 2,189,660
Current Assets Held for Sale 68,472 56,327
Prepayments and Other Current Assets 352,589 315,368
Total Current Assets 4,858,758 5,076,073
Property, Plant and Equipment, Net 43,044,113 40,986,578
Deferred Debits and Other Assets:    
Regulatory Assets 4,838,923 4,880,974
Goodwill 3,571,333 3,571,333
Prepaid Pension and PBOP 1,434,847 1,336,633
Marketable Securities 321,043 320,272
Long-Term Assets Held for Sale 2,691,412 2,611,145
Other Long-Term Assets 942,146 811,521
Total Deferred Debits and Other Assets 13,799,704 13,531,878
Total Assets 61,702,575 59,594,529
Current Liabilities:    
Notes Payable 1,517,500 2,042,793
Long-Term Debt – Current Portion 1,140,007 1,003,150
Rate Reduction Bonds – Current Portion 43,210 43,210
Accounts Payable 1,483,634 1,736,880
Accrued Interest 308,690 341,558
Regulatory Liabilities 1,064,050 632,282
Current Liabilities Held for Sale 57,403 52,593
Offshore Wind Contingent Liability - Current Portion 507,658 15,000
Other Current Liabilities 676,136 853,491
Total Current Liabilities 6,798,288 6,720,957
Deferred Credits and Other Liabilities:    
Accumulated Deferred Income Taxes 5,546,906 5,411,206
Regulatory Liabilities 4,114,348 4,032,564
Asset Retirement Obligations 598,209 590,890
Long-Term Liabilities Held for Sale 405,611 398,859
Offshore Wind Contingent Liability - Long-Term Portion 0 350,000
Accrued SERP and PBOP 95,120 95,400
Other Long-Term Liabilities 824,988 773,999
Total Deferred Credits and Other Liabilities 11,585,182 11,652,918
Long-Term Debt 26,854,425 25,701,627
Rate Reduction Bonds 280,862 324,072
Noncontrolling Interest – Preferred Stock of Subsidiaries 155,568 155,568
Common Shareholders' Equity:    
Common Shares 1,914,273 1,878,622
Capital Surplus, Paid In 9,916,324 9,428,905
Retained Earnings 4,366,085 3,929,141
Accumulated Other Comprehensive Loss (23,075) (26,472)
Treasury Stock (145,357) (170,809)
Common Shareholders' Equity 16,028,250 15,039,387
Commitments and Contingencies (Note 9)
Total Liabilities and Capitalization $ 61,702,575 $ 59,594,529