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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current Assets:    
Cash $ 270,184 $ 135,351
Receivables, Net (net of allowance for uncollectible accounts) 2,080,805 1,847,094
Unbilled Revenues 217,605 275,108
Materials, Supplies, Natural Gas and REC Inventory 489,415 491,592
Regulatory Assets 1,897,191 1,975,083
Prepayments and Other Current Assets 389,535 352,958
Total Current Assets 5,344,735 5,077,186
Property, Plant and Equipment, Net 46,470,244 45,930,959
Deferred Debits and Other Assets:    
Regulatory Assets 5,768,159 5,718,646
Goodwill 4,233,767 4,233,767
Prepaid Pension and PBOP 1,566,418 1,511,169
Marketable Securities 322,189 317,101
Other Long-Term Assets 1,002,089 997,883
Total Deferred Debits and Other Assets 12,892,622 12,778,566
Total Assets 64,707,601 63,786,711
Current Liabilities:    
Notes Payable 533,000 1,525,445
Long-Term Debt – Current Portion 2,643,097 1,392,948
Rate Reduction Bonds – Current Portion 43,210 43,210
Accounts Payable 1,662,046 1,859,692
Regulatory Liabilities 1,739,987 1,264,609
Offshore Wind Contingent Liability 298,157 448,158
Other Current Liabilities 1,290,226 1,274,450
Total Current Liabilities 8,209,723 7,808,512
Deferred Credits and Other Liabilities:    
Accumulated Deferred Income Taxes 5,894,583 5,647,218
Regulatory Liabilities 4,323,619 4,273,465
Derivative Liabilities 636,179 753,149
Asset Retirement Obligations 597,713 595,442
Accrued SERP and PBOP 100,531 100,859
Other Long-Term Liabilities 1,138,347 1,101,932
Total Deferred Credits and Other Liabilities 12,690,972 12,472,065
Long-Term Debt 26,861,131 26,872,433
Rate Reduction Bonds 259,257 280,862
Noncontrolling Interest – Preferred Stock of Subsidiaries 155,568 155,568
Common Shareholders' Equity:    
Common Shares 1,914,273 1,914,273
Capital Surplus, Paid In 9,950,113 9,937,878
Retained Earnings 4,815,846 4,504,983
Accumulated Other Comprehensive Income (Loss) (20,377) (20,507)
Treasury Stock (128,905) (139,356)
Common Shareholders' Equity 16,530,950 16,197,271
Commitments and Contingencies (Note 9)
Total Liabilities and Capitalization $ 64,707,601 $ 63,786,711