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SEGMENT INFORMATION (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
USD ($)
Mar. 31, 2024
USD ($)
Jun. 30, 2023
USD ($)
Mar. 31, 2023
USD ($)
Jun. 30, 2024
USD ($)
numberOfSegments
Jun. 30, 2023
USD ($)
Segment information            
Number of reportable segments | numberOfSegments         6  
Operating revenues $ 1,772.0   $ 1,830.0   $ 4,452.2 $ 4,718.1
Other operation and maintenance 533.4   496.0   1,064.2 1,030.0
Depreciation and amortization 336.6   313.9   670.0 619.4
Equity in earnings of transmission affiliates 46.8   43.6   91.6 87.4
Interest expense 200.6   178.7   392.6 350.9
Income tax expense (benefit) 41.6   48.5   129.3 122.6
Net income (loss) 210.0   290.0   832.6 797.6
Net income (loss) attributed to common shareholders 211.3 $ 622.3 289.7 $ 507.5 833.6 797.2
External revenues            
Segment information            
Operating revenues 1,772.0   1,830.0   4,452.2 4,718.1
Intersegment revenues            
Segment information            
Operating revenues 0.0   0.0   0.0 0.0
Utility operations            
Segment information            
Other operation and maintenance 516.4   478.9   1,033.9 998.1
Depreciation and amortization 303.5   279.4   603.0 555.6
Equity in earnings of transmission affiliates 0.0   0.0   0.0 0.0
Interest expense 184.8   175.6   371.6 352.0
Income tax expense (benefit) 44.9   65.8   204.9 184.9
Net income (loss) 158.7   219.7   651.5 623.5
Net income (loss) attributed to common shareholders 158.4   219.4   650.9 622.9
Utility operations | External revenues            
Segment information            
Operating revenues 1,716.0   1,779.9   4,345.4 4,625.9
Utility operations | Intersegment revenues            
Segment information            
Operating revenues 0.0   0.0   0.0 0.0
Reconciling eliminations            
Segment information            
Other operation and maintenance (4.0)   (3.9)   (5.5) (5.5)
Depreciation and amortization (21.9)   (19.1)   (42.7) (37.6)
Equity in earnings of transmission affiliates 0.0   0.0   0.0 0.0
Interest expense (89.7)   (88.8)   (180.0) (173.3)
Income tax expense (benefit) 0.0   0.0   0.0 0.0
Net income (loss) 0.0   0.0   0.0 0.0
Net income (loss) attributed to common shareholders 0.0   0.0   0.0 0.0
Reconciling eliminations | External revenues            
Segment information            
Operating revenues 0.0   0.0   0.0 0.0
Reconciling eliminations | Intersegment revenues            
Segment information            
Operating revenues $ (119.6)   (119.0)   $ (239.7) (243.1)
ATC            
Segment information            
Ownership interest (as a percent) 60.00%       60.00%  
Equity in earnings of transmission affiliates $ 46.2   43.1   $ 90.6 86.0
ATC Holdco            
Segment information            
Ownership interest (as a percent) 75.00%       75.00%  
Equity in earnings of transmission affiliates $ 0.6   0.5   $ 1.0 1.4
Wisconsin | Operating Segments            
Segment information            
Operating revenues 1,368.2   1,424.5   3,147.0 3,420.8
Wisconsin | Operating Segments | Utility operations            
Segment information            
Other operation and maintenance 389.2   351.8   779.1 732.6
Depreciation and amortization 228.3   210.3   452.9 417.6
Equity in earnings of transmission affiliates 0.0   0.0   0.0 0.0
Interest expense 157.3   150.1   315.1 300.7
Income tax expense (benefit) 34.4   53.6   109.3 119.5
Net income (loss) 132.4   185.9   399.1 443.4
Net income (loss) attributed to common shareholders 132.1   185.6   398.5 442.8
Wisconsin | Operating Segments | Utility operations | External revenues            
Segment information            
Operating revenues 1,368.2   1,424.5   3,147.0 3,420.8
Wisconsin | Operating Segments | Utility operations | Intersegment revenues            
Segment information            
Operating revenues 0.0   0.0   0.0 0.0
Illinois | Operating Segments            
Segment information            
Operating revenues 276.8   273.5   942.8 873.2
Illinois | Operating Segments | Utility operations            
Segment information            
Other operation and maintenance 102.6   105.3   209.6 219.0
Depreciation and amortization 63.7   58.5   127.2 117.0
Equity in earnings of transmission affiliates 0.0   0.0   0.0 0.0
Interest expense 23.5   21.4   48.5 43.0
Income tax expense (benefit) 10.2   10.9   82.3 52.9
Net income (loss) 25.7   30.1   213.2 143.2
Net income (loss) attributed to common shareholders 25.7   30.1   213.2 143.2
Illinois | Operating Segments | Utility operations | External revenues            
Segment information            
Operating revenues 276.8   273.5   942.8 873.2
Illinois | Operating Segments | Utility operations | Intersegment revenues            
Segment information            
Operating revenues 0.0   0.0   0.0 0.0
Other States | Operating Segments            
Segment information            
Operating revenues 71.0   81.9   255.6 331.9
Other States | Operating Segments | Utility operations            
Segment information            
Other operation and maintenance 24.6   21.8   45.2 46.5
Depreciation and amortization 11.5   10.6   22.9 21.0
Equity in earnings of transmission affiliates 0.0   0.0   0.0 0.0
Interest expense 4.0   4.1   8.0 8.3
Income tax expense (benefit) 0.3   1.3   13.3 12.5
Net income (loss) 0.6   3.7   39.2 36.9
Net income (loss) attributed to common shareholders 0.6   3.7   39.2 36.9
Other States | Operating Segments | Utility operations | External revenues            
Segment information            
Operating revenues 71.0   81.9   255.6 331.9
Other States | Operating Segments | Utility operations | Intersegment revenues            
Segment information            
Operating revenues 0.0   0.0   0.0 0.0
Electric Transmission | Operating Segments            
Segment information            
Other operation and maintenance 0.0   0.0   0.0 0.0
Depreciation and amortization 0.0   0.0   0.0 0.0
Equity in earnings of transmission affiliates 46.8   43.6   91.6 87.4
Interest expense 4.9   4.8   9.7 9.6
Income tax expense (benefit) 10.5   9.7   20.4 19.4
Net income (loss) 31.4   29.1   61.5 58.4
Net income (loss) attributed to common shareholders 31.4   29.1   61.5 58.4
Electric Transmission | Operating Segments | External revenues            
Segment information            
Operating revenues 0.0   0.0   0.0 0.0
Electric Transmission | Operating Segments | Intersegment revenues            
Segment information            
Operating revenues $ 0.0   0.0   $ 0.0 0.0
Electric Transmission | ATC            
Segment information            
Ownership interest (as a percent) 60.00%       60.00%  
Electric Transmission | ATC Holdco            
Segment information            
Ownership interest (as a percent) 75.00%       75.00%  
Non-Utility Energy Infrastructure            
Segment information            
Natural gas storage needs provided to Wisconsin utilities         33.00%  
Non-Utility Energy Infrastructure | Operating Segments            
Segment information            
Operating revenues $ 175.6   169.0   $ 346.5 335.2
Other operation and maintenance 25.0   20.3   43.2 38.1
Depreciation and amortization 49.6   48.4   98.7 91.1
Equity in earnings of transmission affiliates 0.0   0.0   0.0 0.0
Interest expense 24.1   25.1   48.2 45.0
Income tax expense (benefit) (20.2)   (19.7)   (43.6) (37.5)
Net income (loss) 91.7   85.9   186.0 174.2
Net income (loss) attributed to common shareholders 93.3   85.9   187.6 174.4
Non-Utility Energy Infrastructure | Operating Segments | External revenues            
Segment information            
Operating revenues 56.0   50.0   106.8 92.1
Non-Utility Energy Infrastructure | Operating Segments | Intersegment revenues            
Segment information            
Operating revenues 119.6   119.0   239.7 243.1
Corporate and Other | Operating Segments            
Segment information            
Operating revenues 0.0   0.1   0.0 0.1
Other operation and maintenance (4.0)   0.7   (7.4) (0.7)
Depreciation and amortization 5.4   5.2   11.0 10.3
Equity in earnings of transmission affiliates 0.0   0.0   0.0 0.0
Interest expense 76.5   62.0   143.1 117.6
Income tax expense (benefit) 6.4   (7.3)   (52.4) (44.2)
Net income (loss) (71.8)   (44.7)   (66.4) (58.5)
Net income (loss) attributed to common shareholders (71.8)   (44.7)   (66.4) (58.5)
Corporate and Other | Operating Segments | External revenues            
Segment information            
Operating revenues 0.0   0.1   0.0 0.1
Corporate and Other | Operating Segments | Intersegment revenues            
Segment information            
Operating revenues $ 0.0   $ 0.0   $ 0.0 $ 0.0