XML 22 R5.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 49.3 $ 30.5
Accounts Receivable, after Allowance for Credit Loss, Current 85.1 91.9
Inventories 38.0 26.8
Taxes applicable to subsequent years 24.1 94.0
Regulatory assets, current 49.0 39.2
Income Taxes Receivable, Current 4.9 10.9
Prepayments and other current assets 9.4 3.9
Total current assets 259.8 297.2
Property, plant & equipment:    
Property, plant & equipment 2,428.6 2,193.6
Less: Accumulated depreciation and amortization (520.0) (505.7)
Property, plant and equipment, net of depreciation 1,908.6 1,687.9
Construction work in process 175.8 197.1
Net property, plant & equipment 2,084.4 1,885.0
Other non-current assets:    
Regulatory assets, non-current 160.2 129.8
Intangible assets, net of amortization 100.3 70.1
Other non-current assets 51.0 40.3
Total other non-current assets 311.5 240.2
Total assets 2,655.7 2,422.4
Current liabilities:    
Current portion of long-term debt 120.2 155.2
Accounts payable 91.8 129.5
Accrued taxes 104.6 88.4
Accrued interest 22.9 16.1
Contract with Customer, Liability, Current 26.0 16.7
Regulatory liabilities, current 22.2 40.4
Other current liabilities 27.1 20.9
Total current liabilities 414.8 467.2
Non-current liabilities:    
Long-term debt 1,637.3 1,535.7
Deferred Tax Liabilities, Net 223.8 199.0
Taxes payable 0.4 94.5
Regulatory liabilities, non-current 186.8 198.7
Pension, retiree and other benefits 34.7 41.8
Other deferred credits 8.4 9.2
Total non-current liabilities 2,091.4 2,078.9
Commitments and contingencies
Common shareholder's equity:    
Common stock 0.0 0.0
Other paid-in capital 2,840.4 2,601.3
Accumulated other comprehensive income (2.9) (2.4)
Retained Earnings (Accumulated Deficit) (2,688.0) (2,722.6)
Total common shareholder's equity 149.5 (123.7)
Total liabilities and shareholder's equity $ 2,655.7 $ 2,422.4
Common Stock, Shares Authorized 1,500 1,500
Common stock, shares issued 1 1
Subsidiaries [Member]    
CURRENT ASSETS:    
Cash and cash equivalents $ 33.0 $ 19.7
Accounts Receivable, after Allowance for Credit Loss, Current 84.5 92.3
Inventories 38.0 26.8
Taxes applicable to subsequent years 24.1 93.9
Regulatory assets, current 49.0 39.2
Income Taxes Receivable, Current 28.9 29.6
Prepayments and other current assets 11.3 4.2
Total current assets 268.8 305.7
Property, plant & equipment:    
Property, plant & equipment 2,972.9 2,752.7
Less: Accumulated depreciation and amortization (1,086.1) (1,086.5)
Property, plant and equipment, net of depreciation 1,886.8 1,666.2
Construction work in process 172.6 195.3
Net property, plant & equipment 2,059.4 1,861.5
Other non-current assets:    
Regulatory assets, non-current 160.2 129.8
Intangible assets, net of amortization 98.4 68.5
Other non-current assets 51.2 40.4
Total other non-current assets 309.8 238.7
Total assets 2,638.0 2,405.9
Current liabilities:    
Current portion of long-term debt 120.2 120.2
Accounts payable 91.1 129.5
Accrued taxes 104.4 88.3
Accrued interest 10.5 3.4
Contract with Customer, Liability, Current 25.9 16.3
Regulatory liabilities, current 22.2 40.4
Other current liabilities 24.4 18.7
Total current liabilities 398.7 416.8
Non-current liabilities:    
Long-term debt 812.7 712.5
Deferred Tax Liabilities, Net 210.3 194.9
Taxes payable 0.4 94.3
Regulatory liabilities, non-current 186.8 198.7
Pension, retiree and other benefits 34.7 41.8
Other deferred credits 4.4 5.1
Total non-current liabilities 1,249.3 1,247.3
Commitments and contingencies
Par value common shares (in USD per share) $ 0.01 $ 0.01
Common shareholder's equity:    
Common stock $ 0.4 $ 0.4
Other paid-in capital 977.4 773.6
Accumulated other comprehensive income (26.5) (26.8)
Retained Earnings (Accumulated Deficit) 38.7 (5.4)
Total common shareholder's equity 990.0 741.8
Total liabilities and shareholder's equity $ 2,638.0 $ 2,405.9
Common Stock, Shares, Outstanding 41,172,173 41,172,173
Common Stock, Shares Authorized 50,000,000 50,000,000