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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 10, 2025
NET INCOME $ 21.0 $ 13.8 $ 35.7  
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net income (loss) 33.0 13.8 35.7  
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization 119.4 95.2 82.1  
Amortization of deferred financing costs and debt discounts 3.0 3.5 3.8  
Deferred income taxes 25.5 14.8 26.2  
Gain (Loss) on Disposition of Business 0.0 1.3 0.0  
Increase (Decrease) in Allowance for Equity Funds Used During Construction 0.4 6.2 5.0  
Changes in certain assets and liabilities:        
Accounts receivable, net (54.4) (14.3) (0.6)  
Inventories 0.2 (15.3) (17.7)  
Taxes applicable to subsequent years (13.3) (24.1) (19.0)  
Increase (Decrease) in Prepaid Expense and Other Assets (1.6) (0.4) 2.8  
Non-current regulatory assets and liabilities, net (12.4) 33.3 39.8  
Increase (Decrease) in Other Regulatory Assets 5.7 19.1 (35.3)  
Accounts payable (22.2) (21.0) 19.7  
Accrued taxes payable / receivable 41.3 19.7 34.1  
Accrued interest (3.2) (6.0) (0.8)  
Increase (Decrease) in Deferred Liabilities (4.0) (6.9) 2.2  
Accrued pension and other postretirement obligations (14.2) 7.0 4.1  
Increase (Decrease) in Other Noncurrent Liabilities 3.9 (0.5) (3.8)  
Other (0.6) (0.7) (0.7)  
Net cash provided by operating activities 125.3 118.7 26.7  
CASH FLOWS FROM INVESTING ACTIVITIES:        
Capital expenditures (387.2) (549.5) (387.9)  
Proceeds from Contribution in Aid of Construction, Investing Activity 60.0 0.0 0.0  
Payments for (Proceeds from) Removal Costs (18.8) (27.5) (26.8)  
Other investing activities, net (0.6) (0.5) 0.2  
Net cash used in investing activities (346.6) (577.5) (414.5)  
Cash flows from financing activities:        
Deferred financing costs (4.5)      
Retirement of debt (415.0) 0.0 0.0  
Equity Contribution from Parent 0.0 200.0 239.0  
Premium paid for early redemption of debt   (3.2) (0.7)  
Issuance of long-term debt 375.0 0.0 300.0  
Borrowings from revolving credit facilities 385.0 485.0 315.0  
Repayment of borrowings from revolving credit facilities (525.0) (360.0) (455.0)  
Net cash from financing activities 250.2 471.8 398.3  
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation 28.9 13.0 10.5  
Cash and cash equivalents:        
Restricted Cash and Cash Equivalent 83.0 54.1 41.1  
Supplemental cash flow information:        
Interest paid, net of amounts capitalized 84.1 78.4 71.0  
Non-cash financing and investing activities:        
Accruals for capital expenditures 82.9 48.8 101.6  
Non Cash Contribution from Noncontrolling interests   0.0 0.0 $ 8.6
Payments of Ordinary Dividends 8.6 0.0 0.0  
Non-cash capital contribution   200.0 239.0  
Increase (Decrease) in Other Noncurrent Assets (5.2) 18.4 (5.3)  
Proceeds from Short-Term Debt 0.0 150.0 0.0  
Repayments of Short-Term Debt (150.0) 0.0 0.0  
Proceeds from Issuance of Redeemable Convertible Preferred Stock 539.7 0.0 0.0  
Proceeds from Issuance of Common Stock $ 45.0 $ 0.0 $ 0.0