Condensed Consolidated Balance Sheets (unaudited) - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	$ 548,242	$ 750,535
Restricted cash	478,968	492,317
Accounts receivable and unbilled revenues, net	498,229	457,171
Regulatory assets	36,032	53,895
Other	296,351	380,408
Assets held for sale	55,878	0
Total current assets	1,913,700	2,134,326
Noncurrent assets:
Property, plant and equipment, net of accumulated depreciation of $3,497,615 and $3,378,282 at September 30, 2025 and December 31, 2024, respectively	6,155,343	6,134,318
Operating lease right-of-use assets	58,197	66,553
Regulatory assets	251,205	227,424
Other	435,191	368,795
Total noncurrent assets	6,899,936	6,797,090
Total assets	8,813,636	8,931,416
Current liabilities:
Accounts payable	217,329	203,452
Interest and dividends payable	34,691	27,203
Short-term borrowings, net	0	48,623
Current portion of long-term debt, net	143,472	109,171
Regulatory liabilities	37,642	26,568
Wildfire related claims (Note 2)	526,500	478,750
Other	402,034	430,824
Liabilities held for sale	59,075	0
Total current liabilities	1,420,743	1,324,591
Noncurrent liabilities:
Long-term debt, net	2,295,219	2,690,387
Operating lease liabilities	45,610	56,523
Finance lease liabilities	509,776	426,598
Regulatory liabilities	1,285,879	1,217,515
Defined benefit plans liability	23,080	23,213
Wildfire tort-related claims (Note 2)	1,436,250	1,436,250
Other	198,950	242,957
Total noncurrent liabilities	5,794,764	6,093,443
Total liabilities	7,215,507	7,418,034
Preferred stock of subsidiaries - not subject to mandatory redemption	34,293	34,293
Commitments and contingencies (Notes 2 and 4)
Shareholders’ equity
Preferred stock, no par value, authorized 10,000,000 shares; issued: none	0	0
Common stock, no par value, authorized 400,000,000 shares; issued and outstanding: 172,620,476 shares and 172,465,608 shares at September 30, 2025 and December 31, 2024, respectively	2,267,288	2,264,544
Retained earnings (deficit)	(705,413)	(788,916)
Accumulated other comprehensive income, net of taxes	1,961	3,461
Total shareholders’ equity	1,563,836	1,479,089
Total liabilities and shareholders’ equity	$ 8,813,636	$ 8,931,416