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SCHEDULE I - CONDENSED FINANCIAL INFORMATION OF PARENT COMPANY - CONDENSED STATEMENTS OF CASH FLOWS (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:      
Depreciation and Amortization $ 3,289.9 $ 3,090.4 $ 3,202.8
Deferred Income Taxes 58.3 185.1 (137.2)
Loss on the Expected Sale of the Kentucky Operations 0.0 0.0 363.3
Change in Other Noncurrent Assets (347.6) (465.1) (187.7)
Change in Other Noncurrent Liabilities 306.3 29.0 337.8
Changes in Certain Components of Working Capital:      
Accounts Receivable, Net (156.0) 236.5 (681.7)
Accounts Payable 85.1 (253.2) 489.2
Other Current Assets (13.2) (43.9) 109.0
Other Current Liabilities 182.6 (161.4) 54.3
Net Cash Flows from Operating Activities 6,804.3 5,012.2 5,288.0
INVESTING ACTIVITIES      
Construction Expenditures (7,630.7) (7,378.3) (6,671.7)
Other Investing Activities 141.9 122.1 50.3
Net Cash Flows Used for Investing Activities (7,596.5) (6,266.7) (7,751.8)
FINANCING ACTIVITIES      
Issuance of Common Stock, Net 552.1 999.6 826.5
Issuance of Long-term Debt 5,117.0 5,462.8 4,649.7
Issuance of Short-term Debt with Original Maturities greater than 90 Days 723.8 1,069.9 833.9
Change in Short-term Debt with Original Maturities less than 90 Day, Net (159.1) (1,223.1) 1,650.4
Retirement of Long-term Debt (2,685.0) (2,196.1) (2,345.4)
Redemption of Short-term Debt with Original Maturities greater than 90 Days (871.1) (1,128.8) (986.1)
Dividends Paid on Common Stock (1,903.9) (1,760.4) (1,645.2)
Other Financing Activities (49.8) (78.6) (105.4)
Net Cash Flows from Financing Activities 659.2 1,077.0 2,568.9
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (133.0) (177.5) 105.1
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 379.0 556.5 451.4
Cash, Cash Equivalents and Restricted Cash at End of Period 246.0 379.0 556.5
Parent Company      
OPERATING ACTIVITIES      
Net Income 2,967.1 2,208.1 2,307.2
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:      
Depreciation and Amortization 0.6 0.5 0.4
Amortization of KPCo Basis Difference (21.4) (16.5) 0.0
Deferred Income Taxes (53.3) 59.7 (63.3)
Loss on the Expected Sale of the Kentucky Operations 0.0 0.0 363.3
Equity Earnings of Unconsolidated Subsidiaries (3,280.2) (2,468.2) (2,809.6)
Cash Dividends Received from Unconsolidated Subsidiaries 1,143.4 686.3 603.9
Change in Other Noncurrent Assets 4.9 (28.4) (5.0)
Change in Other Noncurrent Liabilities 70.8 92.3 83.5
Changes in Certain Components of Working Capital:      
Accounts Receivable, Net 17.9 28.7 (61.0)
Accounts Payable (16.5) (15.9) 1.1
Other Current Assets 0.0 (3.6) (6.0)
Other Current Liabilities 55.3 (14.5) (76.6)
Net Cash Flows from Operating Activities 888.6 528.5 337.9
INVESTING ACTIVITIES      
Construction Expenditures (0.6) (0.8) (0.7)
Change in Advances to Affiliates, Net 59.9 2,007.6 (1,411.3)
Capital Contributions to Unconsolidated Subsidiaries (399.9) (789.9) (568.3)
Return of Capital Contributions from Unconsolidated Subsidiaries 898.9 56.6 24.5
Issuance of Notes Receivable to Unconsolidated Subsidiaries 0.0 (210.0) (20.0)
Repayment of Notes Receivable from Unconsolidated Subsidiaries 190.0 0.0 0.0
Other Investing Activities 0.0 0.0 (0.2)
Net Cash Flows Used for Investing Activities 748.3 1,063.5 (1,976.0)
FINANCING ACTIVITIES      
Issuance of Common Stock, Net 552.1 999.6 826.5
Issuance of Long-term Debt 1,285.4 1,829.8 986.6
Issuance of Short-term Debt with Original Maturities greater than 90 Days 723.8 1,069.9 833.9
Change in Short-term Debt with Original Maturities less than 90 Day, Net (172.3) (1,365.4) 1,650.4
Retirement of Long-term Debt (1,104.0) (1,050.0) (300.0)
Change in Advances from Affiliates, Net (221.7) (191.6) 336.9
Redemption of Short-term Debt with Original Maturities greater than 90 Days (871.1) (1,128.8) (986.1)
Dividends Paid on Common Stock (1,898.3) (1,752.3) (1,628.7)
Other Financing Activities (41.1) (59.6) (74.5)
Net Cash Flows from Financing Activities (1,747.2) (1,648.4) 1,645.0
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (110.3) (56.4) 6.9
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 197.8 254.2 247.3
Cash, Cash Equivalents and Restricted Cash at End of Period $ 87.5 $ 197.8 $ 254.2