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Schedule I - Statements of Cash Flows (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating activities      
Net income attributed to common shareholders $ 1,331.7 $ 1,408.1 $ 1,300.3
Reconciliation to cash provided by operating activities      
Equity income in subsidiaries, net of distributions (33.0) (74.3) (25.1)
Deferred income taxes, net 229.9 278.5 111.0
Loss on debt extinguishment 0.0 0.0 36.3
Change in -      
Other current assets 18.9 (27.7) 17.6
Other current liabilities 47.5 126.9 (17.2)
Other, net (156.5) (169.5) (92.5)
Net cash provided by operating activities 3,018.4 2,060.7 2,032.7
Investing activities      
Capital contributions to subsidiaries (63.7) (45.5) 0.0
Other, net (12.6) (11.4) 27.3
Net cash used in investing activities (3,558.2) (2,642.4) (2,311.8)
Financing activities      
Exercise of stock options 6.3 33.6 15.7
Purchase of common stock (16.6) (69.2) (33.1)
Dividends paid on common stock (984.2) (917.9) (854.8)
Issuance of long-term debt 2,170.0 1,999.3 2,383.8
Retirement of long-term debt (1,005.4) (92.1) (1,260.4)
Repayment of short-term loan (0.8) 0.0 (340.0)
Change in commercial paper 373.7 (252.6) 459.2
Payments for debt extinguishment and issuance costs (14.2) (15.6) (67.2)
Other, net (6.0) (9.1) (9.2)
Net cash provided by financing activities 522.8 676.4 294.0
Net change in cash, cash equivalents, and restricted cash (17.0) 94.7 14.9
Cash, cash equivalents, and restricted cash at beginning of year 182.2 87.5 72.6
Cash, cash equivalents, and restricted cash at end of year 165.2 182.2 87.5
WEC Energy Group      
Operating activities      
Net income attributed to common shareholders 1,331.7 1,408.1 1,300.3
Reconciliation to cash provided by operating activities      
Equity income in subsidiaries, net of distributions (566.8) (437.4) (571.3)
Deferred income taxes, net (3.8) 11.6 (1.9)
Loss on debt extinguishment 0.0 0.0 23.1
Change in -      
Accounts receivable from related parties (2.0) (0.1) 0.1
Prepaid income taxes 35.4 21.1 (2.1)
Other current assets (0.1) 0.0 0.0
Accounts payable to related parties 0.9 (3.5) (26.2)
Accrued interest 42.1 15.4 0.4
Other current liabilities (0.7) (5.1) 8.2
Other, net 14.4 5.8 (2.5)
Net cash provided by operating activities 851.1 1,015.9 728.1
Investing activities      
Capital contributions to subsidiaries (1,807.4) (1,099.7) (734.0)
Return of capital from subsidiaries 175.2 372.9 196.1
Short-term notes receivable from related parties, net 14.9 (1.9) 81.8
Other, net 0.0 (2.0) (1.1)
Net cash used in investing activities (1,617.3) (730.7) (457.2)
Financing activities      
Exercise of stock options 6.3 33.6 15.7
Purchase of common stock (16.6) (69.2) (33.1)
Dividends paid on common stock (984.2) (917.9) (854.8)
Issuance of long-term debt 2,050.0 900.0 1,100.0
Retirement of long-term debt (700.0) 0.0 (300.0)
Repayment of short-term loan 0.0 0.0 (340.0)
Change in commercial paper 297.3 (336.4) 255.7
Short-term notes payable to related parties, net 127.1 112.1 (82.6)
Payments for debt extinguishment and issuance costs (13.3) (6.7) (33.9)
Other, net (0.4) (1.2) (1.4)
Net cash provided by financing activities 766.2 (285.7) (274.4)
Net change in cash, cash equivalents, and restricted cash 0.0 (0.5) (3.5)
Cash, cash equivalents, and restricted cash at beginning of year 0.0 0.5 4.0
Cash, cash equivalents, and restricted cash at end of year $ 0.0 $ 0.0 $ 0.5