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CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
OPERATING REVENUES $ 586.4 $ 551.4 $ 1,042.4 $ 984.5
COST OF SALES 232.1 197.7 440.8 375.6
OPERATING EXPENSES        
Other operation and maintenance 116.5 124.8 242.6 241.1
Depreciation and amortization 73.7 78.4 128.4 155.1
Taxes other than income 20.2 19.1 42.5 42.7
Total operating expenses 210.4 222.3 413.5 438.9
OPERATING INCOME 143.9 131.4 188.1 170.0
OTHER INCOME (EXPENSE)        
Allowance for equity funds used during construction 8.5 3.7 15.4 5.3
Other income 7.7 4.4 14.1 8.4
Other expense (0.6) (1.1) (1.0) (1.4)
Net other income 15.6 7.0 28.5 12.3
INTEREST EXPENSE        
Interest on long-term debt 38.6 35.4 74.1 70.9
Allowance for borrowed funds used during construction (4.1) (1.8) (7.4) (2.7)
Interest on short-term debt and other interest charges 1.1 1.4 2.5 2.3
Interest expense 35.6 35.0 69.2 70.5
INCOME BEFORE TAXES 123.9 103.4 147.4 111.8
INCOME TAX EXPENSE 37.7 31.1 45.0 33.4
NET INCOME 86.2 72.3 102.4 78.4
Other comprehensive income (loss), net of tax 0.0 0.0 0.0 0.0
COMPREHENSIVE INCOME $ 86.2 $ 72.3 $ 102.4 $ 78.4