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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 26.0 $ 24.8
Accounts receivable and unbilled revenues, net of reserves of $199.7 and $220.1, respectively 1,103.8 1,202.8
Materials, supplies, and inventories 645.7 528.6
Prepayments 195.7 263.4
Amounts recoverable from customers 139.4 20.0
Derivative assets 247.1 17.0
Other 51.2 26.4
Current assets 2,408.9 2,083.0
Long-term assets    
Property, plant, and equipment, net of accumulated depreciation and amortization of $9,799.3 and $9,364.7, respectively 26,622.7 25,707.4
Regulatory assets (September 30, 2021 includes $102.9 related to WEPCo Environmental Trust) 3,488.7 3,524.1
Equity investment in transmission affiliates 1,791.3 1,764.3
Goodwill 3,052.8 3,052.8
Other 1,036.5 896.5
Long-term assets 35,992.0 34,945.1
Total assets 38,400.9 37,028.1
Current liabilities    
Short-term debt 1,508.9 1,776.9
Current portion of long-term debt (September 30, 2021 includes $8.5 related to WEPCo Environmental Trust) 496.7 785.8
Accounts payable 872.8 880.7
Other 814.2 704.7
Current liabilities 3,692.6 4,148.1
Long-term liabilities    
Long-term debt (September 30, 2021 includes $107.0 related to WEPCo Environmental Trust) 12,678.1 11,728.1
Deferred income taxes 4,295.8 4,059.8
Deferred revenue, net 394.9 412.2
Regulatory liabilities 4,131.2 3,928.1
Environmental remediation liabilities 510.3 532.9
Pension and OPEB obligations 307.8 327.0
Other 1,283.6 1,229.4
Long-term liabilities 23,601.7 22,217.5
Commitments and contingencies (Note 20)
Common shareholders' equity    
Common stock – $0.01 par value; 325,000,000 shares authorized; 315,434,531 shares outstanding 3.2 3.2
Additional paid in capital 4,144.4 4,143.7
Retained earnings 6,764.5 6,329.6
Accumulated other comprehensive loss (3.6) (6.8)
Common shareholders' equity 10,908.5 10,469.7
Preferred stock of subsidiary 30.4 30.4
Noncontrolling interests 167.7 162.4
Total liabilities and equity $ 38,400.9 $ 37,028.1