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CONDENSED CONSOLIDATED INCOME STATEMENTS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Operating revenues $ 1,772.0 $ 1,830.0 $ 4,452.2 $ 4,718.1
Operating expenses        
Cost of sales 469.7 533.0 1,396.8 1,842.7
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
Property and revenue taxes 67.5 61.8 143.0 131.4
Total operating expenses 1,407.2 1,404.7 3,274.0 3,623.5
Operating income 364.8 425.3 1,178.2 1,094.6
Equity in earnings of transmission affiliates 46.8 43.6 91.6 87.4
Other income, net 40.6 48.3 84.7 89.1
Interest expense 200.6 178.7 392.6 350.9
Other expense (113.2) (86.8) (216.3) (174.4)
Income before income taxes 251.6 338.5 961.9 920.2
Income tax expense 41.6 48.5 129.3 122.6
Net income 210.0 290.0 832.6 797.6
Preferred stock dividends of subsidiary 0.3 0.3 0.6 0.6
Net loss attributed to noncontrolling interests 1.6 0.0 1.6 0.2
Net income attributed to common shareholders $ 211.3 $ 289.7 $ 833.6 $ 797.2
Earnings per share        
Basic (in dollars per share) $ 0.67 $ 0.92 $ 2.64 $ 2.53
Diluted (in dollars per share) $ 0.67 $ 0.92 $ 2.64 $ 2.52
Weighted average common shares outstanding        
Basic (in shares) 315.9 315.4 315.8 315.4
Diluted (in shares) 316.2 315.9 316.1 315.9