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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Electric $ 2,671,623 $ 2,319,416 $ 2,497,041
Natural gas 1,067,418 980,913 875,371
Other 66,620 26,121 28,718
Total operating revenue 3,805,661 3,326,450 3,401,130
Purchased electricity 784,565 593,719 652,560
Electric generation fuel 282,254 199,107 282,864
Residential exchange (82,225) (80,294) (79,187)
Purchased natural gas 398,553 362,872 290,976
Unrealized (gain) loss on derivative instruments, net (13,785) 26,807 3,574
Utility operations and maintenance 629,864 597,048 596,676
Non-utility expense and other 58,281 43,425 47,907
Depreciation and amortization 704,783 647,755 656,323
Conservation amortization 103,147 99,585 96,571
Taxes other than income taxes 362,527 328,602 333,858
Total operating expenses 3,227,964 2,818,626 2,882,122
Operating income (loss) 577,697 507,824 519,008
Other income 57,483 58,759 59,905
Other Nonoperating Expense (14,467) (23,207) (9,053)
AFUDC 16,743 14,827 14,559
Interest expense (352,092) (373,822) (356,638)
Income (loss) before income taxes 285,364 184,381 227,781
Income tax (benefit) expense 24,515 1,664 17,073
Net income (loss) 260,849 182,717 210,708
Subsidiaries [Member]      
Electric 2,671,623 2,319,416 2,497,041
Natural gas 1,067,418 980,913 875,371
Other 66,620 26,121 28,718
Total operating revenue 3,805,661 3,326,450 3,401,130
Purchased electricity 784,565 593,719 652,560
Electric generation fuel 282,254 199,107 282,864
Residential exchange (82,225) (80,294) (79,187)
Purchased natural gas 398,553 362,872 290,976
Unrealized (gain) loss on derivative instruments, net (13,785) 26,807 3,574
Utility operations and maintenance 629,864 597,048 596,676
Non-utility expense and other 56,242 42,266 44,403
Depreciation and amortization 704,372 647,546 656,220
Conservation amortization 103,147 99,585 96,571
Taxes other than income taxes 362,527 328,602 333,858
Total operating expenses 3,225,514 2,817,258 2,878,515
Operating income (loss) 580,147 509,192 522,615
Other income 46,523 46,923 47,766
Other Nonoperating Expense (14,467) (23,207) (9,053)
AFUDC 16,743 14,827 14,559
Interest expense (248,624) (247,213) (243,815)
Income (loss) before income taxes 380,322 300,522 332,072
Income tax (benefit) expense 44,259 26,242 39,148
Net income (loss) $ 336,063 $ 274,280 $ 292,924