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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - OPCo - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:    
Depreciation and Amortization $ 2,566.1 $ 2,461.7
Deferred Income Taxes 123.6 89.5
Asset Impairments and Other Related Charges 0.0 142.5
Allowance for Equity Funds Used During Construction (172.9) (153.0)
Mark-to-Market of Risk Management Contracts (192.6) (97.6)
Property Taxes 541.3 508.3
Change in Other Noncurrent Assets (719.7) (244.0)
Change in Other Noncurrent Liabilities 133.8 193.8
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (212.4) (131.8)
Materials and Supplies 150.7 188.5
Accounts Payable 327.3 14.2
Accrued Taxes, Net (687.2) (532.3)
Other Current Assets 37.7 (139.2)
Other Current Liabilities 74.3 161.8
Net Cash Flows from Operating Activities 5,130.8 5,076.9
INVESTING ACTIVITIES    
Construction Expenditures (6,001.2) (5,168.6)
Other Investing Activities 43.5 73.0
Net Cash Flows Used for Investing Activities (7,749.1) (4,769.5)
FINANCING ACTIVITIES    
Issuance of Long-term Debt 6,249.2 3,748.5
Principal Payments for Finance Lease Obligations (37.9) (51.2)
Dividends Paid on Common Stock (1,497.9) (1,402.7)
Other Financing Activities 2.8 (50.4)
Net Cash Flows from (Used for) Financing Activities 3,479.1 (387.2)
Net Increase in Cash and Cash Equivalents 860.8 (79.8)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 246.0 379.0
Cash, Cash Equivalents and Restricted Cash at End of Period 1,106.8 299.2
SUPPLEMENTARY INFORMATION    
Cash Paid for Interest, Net of Capitalized Amounts 1,315.1 1,247.3
Net Cash Paid (Received) for Income Taxes 60.1 87.9
Noncash Acquisitions Under Finance Leases 30.0 24.5
Construction Expenditures Included in Current Liabilities as of September 30, 1,168.8 1,015.1
OPCo    
OPERATING ACTIVITIES    
Net Income 266.7 201.7
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:    
Depreciation and Amortization 285.3 293.9
Deferred Income Taxes 33.9 0.2
Asset Impairments and Other Related Charges 0.0 52.9
Allowance for Equity Funds Used During Construction (19.3) (16.2)
Mark-to-Market of Risk Management Contracts (3.2) 0.9
Property Taxes 306.4 286.6
Change in Other Noncurrent Assets 39.2 19.2
Change in Other Noncurrent Liabilities (11.4) 47.2
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net 48.4 (39.8)
Materials and Supplies (10.2) 33.8
Accounts Payable 131.3 (43.4)
Customer Deposits (7.7) 6.1
Accrued Taxes, Net (416.0) (322.3)
Other Current Assets 2.5 (11.9)
Other Current Liabilities 0.1 17.2
Net Cash Flows from Operating Activities 646.0 526.1
INVESTING ACTIVITIES    
Construction Expenditures (747.1) (688.5)
Change in Advances to Affiliates, Net 114.9 (97.4)
Other Investing Activities 45.3 29.4
Net Cash Flows Used for Investing Activities (586.9) (756.5)
FINANCING ACTIVITIES    
Capital Contribution from Parent 1.8 0.8
Issuance of Long-term Debt 0.0 346.3
Change in Advances from Affiliates, Net 13.0 (110.5)
Principal Payments for Finance Lease Obligations (3.4) (4.0)
Dividends Paid on Common Stock (71.0) 0.0
Other Financing Activities 1.4 1.0
Net Cash Flows from (Used for) Financing Activities (58.2) 233.6
Net Increase in Cash and Cash Equivalents 0.9 3.2
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 4.5 6.4
Cash, Cash Equivalents and Restricted Cash at End of Period 5.4 9.6
SUPPLEMENTARY INFORMATION    
Cash Paid for Interest, Net of Capitalized Amounts 90.6 82.8
Net Cash Paid (Received) for Income Taxes 53.1 (5.1)
Noncash Acquisitions Under Finance Leases 1.5 1.1
Construction Expenditures Included in Current Liabilities as of September 30, $ 118.5 $ 126.8