XML 16 R4.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 322.5 $ 42.9
Accounts receivable and unbilled revenues, net of reserves of $155.0 and $193.5, respectively 1,175.5 1,503.2
Materials, supplies, and inventories 789.9 775.2
Prepaid taxes 124.5 173.9
Other prepayments 50.7 76.8
Other 156.1 223.7
Current assets 2,619.2 2,795.7
Long-term assets    
Property, plant, and equipment, net of accumulated depreciation and amortization of $11,442.8 and $11,073.1, respectively 32,852.9 31,581.5
Regulatory assets (September 30, 2024 and December 31, 2023 include $79.1 and $85.9, respectively, related to WEPCo Environmental Trust) 3,346.5 3,249.8
Equity investment in transmission affiliates 2,080.8 2,005.9
Goodwill 3,052.8 3,052.8
Pension and OPEB assets 918.1 870.9
Other 326.2 383.1
Long-term assets 42,577.3 41,144.0
Total assets 45,196.5 43,939.7
Current liabilities    
Short-term debt 597.0 2,020.9
Current portion of long-term debt (September 30, 2024 and December 31, 2023 include $9.1 and $9.0, respectively, related to WEPCo Environmental Trust) 1,823.7 1,264.2
Accounts payable 740.7 896.6
Accrued interest 202.4 154.4
Other 645.6 778.7
Current liabilities 4,009.4 5,114.8
Long-term liabilities    
Long-term debt (September 30, 2024 and December 31, 2023 include $80.9 and $85.3, respectively, related to WEPCo Environmental Trust) 16,889.2 15,512.8
Deferred income taxes 5,322.2 4,918.5
Deferred revenue, net 339.9 356.4
Regulatory liabilities 3,889.1 3,697.7
Intangible liabilities 554.6 594.8
Environmental remediation liabilities 430.5 463.7
AROs 547.9 374.2
Other 822.5 835.3
Long-term liabilities 28,795.9 26,753.4
Commitments and contingencies (Note 23)
Common shareholders' equity    
Common stock – $0.01 par value; 650,000,000 shares authorized; 316,354,446 and $315,434,531 shares outstanding, respectively 3.2 3.2
Additional paid in capital 4,191.4 4,115.9
Retained earnings 7,895.3 7,612.8
Accumulated other comprehensive loss (7.9) (7.7)
Common shareholders' equity 12,082.0 11,724.2
Preferred stock of subsidiary 30.4 30.4
Noncontrolling interests 278.8 316.9
Total liabilities and equity $ 45,196.5 $ 43,939.7