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Consolidated Income Statements - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
Operating revenues $ 8,893.0 $ 9,597.4 $ 8,316.0
Operating expenses      
Cost of sales 3,191.2 4,358.9 3,311.0
Other operation and maintenance 2,100.5 1,938.0 2,005.5
Impairment related to ICC disallowances 178.9 0.0 0.0
Depreciation and amortization 1,264.2 1,122.6 1,074.3
Property and revenue taxes 250.2 253.7 210.3
Total operating expenses 6,985.0 7,673.2 6,601.1
Operating income 1,908.0 1,924.2 1,714.9
Equity in earnings of transmission affiliates 177.5 194.7 158.1
Other income, net 177.7 128.8 133.2
Interest expense 726.9 515.1 471.1
Loss on debt extinguishment 0.0 0.0 36.3
Other expense (371.7) (191.6) (216.1)
Income before income taxes 1,536.3 1,732.6 1,498.8
Income tax expense 204.6 322.9 200.3
Net income 1,331.7 1,409.7 1,298.5
Preferred stock dividends of subsidiary 1.2 1.2 1.2
Net (income) loss attributed to noncontrolling interests 1.2 (0.4) 3.0
Net income attributed to common shareholders $ 1,331.7 $ 1,408.1 $ 1,300.3
Earnings per share      
Basic (in dollars per share) $ 4.22 $ 4.46 $ 4.12
Diluted (in dollars per share) $ 4.22 $ 4.45 $ 4.11
Weighted average common shares outstanding      
Basic (in shares) 315.4 315.4 315.4
Diluted (in shares) 315.9 316.1 316.3