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Segment Information (Tables)
12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Schedule of information concerning our reportable segments The following tables show summarized financial information related to our reportable segments for the years ended December 31, 2023, 2022, and 2021.
 Utility Operations  
2023 (in millions)
WisconsinIllinoisOther StatesTotal Utility
Operations
Electric TransmissionNon-Utility Energy InfrastructureCorporate and OtherReconciling
Eliminations
WEC Energy Group Consolidated
External revenues $6,625.9 $1,557.8 $519.1 $8,702.8 $ $190.1 $0.1 $ $8,893.0 
Intersegment revenues     476.4  (476.4) 
Other operation and maintenance1,531.3 397.9 94.5 2,023.7  80.1 5.8 (9.1)2,100.5 
Impairment related to ICC disallowances 178.9  178.9     178.9 
Depreciation and amortization851.5 237.3 43.3 1,132.1  188.7 20.9 (77.5)1,264.2 
Equity in earnings of transmission affiliates    177.5    177.5 
Interest expense601.0 88.9 15.9 705.8 19.4 94.3 257.6 (350.2)726.9 
Income tax expense (benefit)237.4 48.6 16.3 302.3 39.0 (68.4)(68.3) 204.6 
Net income (loss)852.5 140.0 48.1 1,040.6 119.1 334.8 (162.8) 1,331.7 
Net income (loss) attributed to common shareholders851.3 140.0 48.1 1,039.4 119.1 336.0 (162.8) 1,331.7 
Capital expenditures and asset acquisitions2,134.4 489.8 103.5 2,727.7  754.4 25.8  3,507.9 
Total assets (1)
28,527.3 7,970.2 1,571.5 38,069.0 2,006.0 6,404.7 1,100.1 (3,640.1)43,939.7 

(1)    Total assets at December 31, 2023 reflect an elimination of $1,630.6 million for all lease activity between We Power and WE.
Utility Operations  
2022 (in millions)
WisconsinIllinoisOther StatesTotal Utility
Operations
Electric TransmissionNon-Utility Energy InfrastructureCorporate and OtherReconciling
Eliminations
WEC Energy Group Consolidated
External revenues $6,960.5 $1,890.9 $618.5 $9,469.9 $— $127.0 $0.5 $— $9,597.4 
Intersegment revenues— — — — — 463.0 — (463.0)— 
Other operation and maintenance1,351.3 459.2 98.5 1,909.0 — 51.0 (12.9)(9.1)1,938.0 
Depreciation and amortization754.7 230.9 40.9 1,026.5 — 139.2 25.0 (68.1)1,122.6 
Equity in earnings of transmission affiliates— — — — 194.7 — — — 194.7 
Interest expense555.9 73.8 13.9 643.6 19.4 68.9 119.4 (336.2)515.1 
Income tax expense (benefit)247.5 83.1 13.1 343.7 45.8 (20.9)(45.7)— 322.9 
Net income (loss)759.6 226.9 39.7 1,026.2 129.5 324.8 (70.8)— 1,409.7 
Net income (loss) attributed to common shareholders758.4 226.9 39.7 1,025.0 129.5 324.4 (70.8)— 1,408.1 
Capital expenditures and asset acquisitions1,610.8 484.9 101.1 2,196.8 — 483.8 16.3 — 2,696.9 
Total assets (1)
27,384.0 8,101.0 1,639.6 37,124.6 1,909.4 5,320.6 774.0 (3,256.5)41,872.1 

(1)    Total assets at December 31, 2022 reflect an elimination of $1,632.9 million for all lease activity between We Power and WE.
 Utility Operations  
2021 (in millions)
WisconsinIllinoisOther StatesTotal Utility
Operations
Electric TransmissionNon-Utility Energy InfrastructureCorporate and OtherReconciling
Eliminations
WEC Energy Group Consolidated
External revenues $6,037.0 $1,672.8 $519.0 $8,228.8 $— $86.7 $0.5 $— $8,316.0 
Intersegment revenues— — — — — 452.8 — (452.8)— 
Other operation and maintenance1,455.2 433.5 90.4 1,979.1 — 43.1 (7.5)(9.2)2,005.5 
Depreciation and amortization726.9 218.1 38.1 983.1 — 125.3 25.9 (60.0)1,074.3 
Equity in earnings of transmission affiliates— — — — 158.1 — — — 158.1 
Interest expense555.6 66.6 6.2 628.4 19.4 71.0 92.8 (340.5)471.1 
Loss on debt extinguishment— — — — — — 36.3 — 36.3 
Income tax expense (benefit)119.9 79.3 11.5 210.7 32.3 3.1 (45.8)— 200.3 
Net income (loss)707.7 223.0 35.8 966.5 106.3 276.2 (50.5)— 1,298.5 
Net income (loss) attributed to common shareholders706.5 223.0 35.8 965.3 106.3 279.2 (50.5)— 1,300.3 
Capital expenditures and asset acquisitions1,389.7 533.7 95.9 2,019.3 — 335.3 18.1 — 2,372.7 
Total assets (1)
25,687.9 7,853.4 1,506.1 35,047.4 1,792.7 4,627.7 785.3 (3,264.6)38,988.5 

(1)    Total assets at December 31, 2021 reflect an elimination of $1,729.9 million for all lease activity between We Power and WE.