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CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
OPERATING REVENUES $ 716.8 $ 743.9 $ 1,759.2 $ 1,728.4
COST OF SALES 255.7 269.8 696.5 645.4
OPERATING EXPENSES        
Other operation and maintenance 120.2 115.2 362.8 356.3
Depreciation and amortization 76.2 80.8 204.6 235.9
Taxes other than income 21.7 20.9 64.2 63.6
Total operating expenses 218.1 216.9 631.6 655.8
OPERATING INCOME 243.0 257.2 431.1 427.2
OTHER INCOME (EXPENSE)        
Allowance for equity funds used during construction 11.8 3.9 27.2 9.2
Other income 13.4 2.9 27.5 11.3
Other expense (0.5) (0.8) (1.5) (2.2)
Net other income 24.7 6.0 53.2 18.3
INTEREST EXPENSE        
Interest on long-term debt 38.3 35.4 112.4 106.3
Allowance for borrowed funds used during construction (5.2) (2.0) (12.6) (4.7)
Interest on short-term debt and other interest charges 1.4 0.9 3.9 3.2
Interest expense 34.5 34.3 103.7 104.8
INCOME BEFORE TAXES 233.2 228.9 380.6 340.7
INCOME TAX EXPENSE 71.7 69.0 116.7 102.4
NET INCOME 161.5 159.9 263.9 238.3
Other comprehensive income (loss), net of tax 0.0 0.0 0.0 0.0
COMPREHENSIVE INCOME $ 161.5 $ 159.9 $ 263.9 $ 238.3