Segment financial information (Tables)

12 Months Ended

Dec. 31, 2024

Schedule of Segment Financial Information

Electric utility reportable segment and All Other information were as follows:


(in thousands)	Electric utility		All Other		Total
2024


Revenues	$	3,206,700	$	13,150	$	3,219,850
Depreciation and amortization	282,970		10,563		293,533
Interest income	6,633		12,729		19,362
Interest expense, net	82,082		45,125		127,207
Loss from continuing operations before income taxes	(1,663,914)		(127,681)		(1,791,595)
Income tax benefit	(439,547)		(31,415)		(470,962)
Loss from continuing operations	(1,224,367)		(96,266)		(1,320,633)
Preferred stock dividends of subsidiaries	1,995		(105)		1,890
Loss from continuing operations for common stock	(1,226,362)		(96,161)		(1,322,523)
Capital expenditures1	329,479		14,772		344,251
Assets (at December 31, 2024)	7,613,604		1,317,812		8,931,416
2023


Revenues	$	3,269,521	$	17,982	$	3,287,503
Depreciation and amortization	270,195		12,111		282,306
Interest income	6,454		2,651		9,105
Interest expense, net	86,140		39,392		125,532
Income (loss) from continuing operations before income taxes	247,140		(64,840)		182,300
Income tax expense (benefit)	51,193		(16,659)		34,534
Income (loss) from continuing operations	195,947		(48,181)		147,766
Preferred stock dividends of subsidiaries	1,995		(105)		1,890
Income (loss) from continuing operations for common stock	193,952		(48,076)		145,876
Capital expenditures1	438,775		3,952		442,727
Assets (at December 31, 2023)	7,283,554		393,818		7,677,372
2022
Revenues from external customers	$	3,408,583	$	12,334	$	3,420,917
Intersegment revenues (eliminations)	4		(4)		—
Revenues	3,408,587		12,330		3,420,917
Depreciation and amortization	260,744		9,661		270,405
Interest expense, net	76,416		26,986		103,402
Income (loss) from continuing operations before income taxes	240,600		(38,646)		201,954
Income tax expense (benefit)	49,676		(10,761)		38,915
Income (loss) from continuing operations	190,924		(27,885)		163,039
Preferred stock dividends of subsidiaries	1,995		(105)		1,890
Income (loss) from continuing operations for common stock	188,929		(27,780)		161,149
Capital expenditures1	329,457		9,876		339,333

1 Contributions in aid of construction balances are included in capital expenditures.