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SEGMENTS OF BUSINESS (Tables)
6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Schedule of information related to reportable segments
The tables below present information related to our reportable segments:
 
 
Regulated Operations
 
 
 
 
 
 
(Millions)
 
Wisconsin
 
Illinois
 
Other States
 
Electric Transmission
Investment
 
Total Regulated
Operations
 
Corporate and Other
 
Reconciling
Eliminations
 
Integrys Holding
Consolidated
Three Months Ended
 
 

 
 

 
 
 
 

 
 

 
 

 
 

 
 

June 30, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
External revenues
 
$
330.2

 
$
218.6

 
$
67.9

 
$

 
$
616.7

 
$
21.6

 
$

 
$
638.3

Depreciation and amortization expense
 
30.2

 
30.8

 
4.8

 

 
65.8

 
6.3

 

 
72.1

Merger costs
 

 

 

 

 

 
59.3

 

 
59.3

Impairment loss on property, plant, and equipment at PDL
 

 

 

 

 

 
10.7

 

 
10.7

Gain on sale of certain PDL solar power generation plants
 

 

 

 

 

 
(5.2
)
 

 
(5.2
)
Equity in earnings of transmission affiliate
 

 

 

 
22.4

 
22.4

 

 

 
22.4

Miscellaneous income (expense)
 
4.3

 
0.2

 

 

 
4.5

 
(0.2
)
 
(2.5
)
 
1.8

Interest expense
 
14.5

 
9.9

 
2.7

 

 
27.1

 
15.4

 
(2.5
)
 
40.0

Provision (benefit) for income taxes
 
13.0

 
3.6

 
0.6

 
8.9

 
26.1

 
(34.2
)
 

 
(8.1
)
Net income (loss)
 
21.0

 
4.7

 
0.9

 
13.5

 
40.1

 
(49.4
)
 

 
(9.3
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Regulated Operations
 
 
 
 
 
 
(Millions)
 
Wisconsin
 
Illinois
 
Other States
 
Electric Transmission
Investment
 
Total Regulated
Operations
 
Corporate and Other
 
Reconciling
Eliminations
 
Integrys Holding
Consolidated
Three Months Ended
 
 

 
 

 
 
 
 

 
 

 
 

 
 

 
 

June 30, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
External revenues
 
$
353.1

 
$
351.0

 
$
106.5

 
$

 
$
810.6

 
$
26.5

 
$

 
$
837.1

Intersegment revenues
 
5.8

 

 

 

 
5.8

 

 
(5.8
)
 

Depreciation and amortization expense
 
29.0

 
28.4

 
6.6

 

 
64.0

 
8.8

 

 
72.8

Merger costs
 

 

 

 

 

 
5.9

 

 
5.9

Equity in earnings of transmission affiliate
 

 

 

 
23.0

 
23.0

 

 

 
23.0

Miscellaneous income (expense)
 
4.2

 
(0.5
)
 

 

 
3.7

 
5.2

 
(3.1
)
 
5.8

Interest expense
 
15.1

 
8.2

 
3.1

 

 
26.4

 
16.0

 
(3.1
)
 
39.3

Provision (benefit) for income taxes
 
9.9

 
(3.8
)
 
(2.2
)
 
9.2

 
13.1

 
(8.6
)
 

 
4.5

Net income (loss) from continuing operations
 
15.5

 
(5.4
)
 
(2.6
)
 
13.8

 
21.3

 
(13.3
)
 

 
8.0

Discontinued operations
 

 

 

 

 

 
(0.8
)
 

 
(0.8
)
Net income (loss)
 
15.5

 
(5.4
)
 
(2.6
)
 
13.8

 
21.3

 
(14.1
)
 

 
7.2


 
 
Regulated Operations
 
 
 
 
 
 
(Millions)
 
Wisconsin
 
Illinois
 
Other States
 
Electric Transmission
Investment
 
Total Regulated
Operations
 
Corporate and Other
 
Reconciling
Eliminations
 
Integrys Holding
Consolidated
Six Months Ended
 
 

 
 

 
 
 
 

 
 

 
 

 
 

 
 

June 30, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
External revenues
 
$
755.3

 
$
750.2

 
$
250.4

 
$

 
$
1,755.9

 
$
45.9

 
$

 
$
1,801.8

Depreciation and amortization expense
 
60.1

 
62.5

 
9.5

 

 
132.1

 
15.4

 

 
147.5

Merger costs
 

 

 

 

 

 
60.0

 

 
60.0

Impairment loss on property, plant, and equipment at PDL
 

 

 

 

 

 
10.7

 

 
10.7

Gain on sale of certain PDL solar power generation plants
 

 

 

 

 

 
(5.2
)
 

 
(5.2
)
Equity in earnings of transmission affiliate
 

 

 

 
39.4

 
39.4

 

 

 
39.4

Miscellaneous income
 
8.8

 
0.9

 

 

 
9.7

 
3.9

 
(4.5
)
 
9.1

Interest expense
 
29.2

 
19.4

 
5.0

 

 
53.6

 
29.9

 
(4.5
)
 
79.0

Provision (benefit) for income taxes
 
35.1

 
52.3

 
12.3

 
15.6

 
115.3

 
(44.4
)
 

 
70.9

Net income (loss) from continuing operations
 
58.6

 
76.2

 
18.3

 
23.8

 
176.9

 
(55.9
)
 

 
121.0

Discontinued operations
 

 

 

 

 

 
(0.8
)
 

 
(0.8
)
Net income (loss)
 
58.6

 
76.2

 
18.3

 
23.8

 
176.9

 
(56.7
)
 

 
120.2

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Regulated Operations
 
 
 
 
 
 
(Millions)
 
Wisconsin
 
Illinois
 
Other States
 
Electric Transmission
Investment
 
Total Regulated
Operations
 
Corporate and Other
 
Reconciling
Eliminations
 
Integrys Holding
Consolidated
Six Months Ended
 
 

 
 

 
 
 
 

 
 

 
 

 
 

 
 

June 30, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
External revenues
 
$
903.7

 
$
1,127.8

 
$
399.7

 
$

 
$
2,431.2

 
$
44.2

 
$

 
$
2,475.4

Intersegment revenues
 
11.2

 

 

 

 
11.2

 

 
(11.2
)
 

Depreciation and amortization expense
 
57.4

 
56.4

 
13.1

 

 
126.9

 
17.3

 

 
144.2

Merger costs
 

 

 

 

 

 
5.9

 

 
5.9

Equity in earnings of transmission affiliate
 

 

 

 
45.5

 
45.5

 

 

 
45.5

Miscellaneous income (expense)
 
9.2

 
(0.2
)
 

 

 
9.0

 
9.8

 
(6.5
)
 
12.3

Interest expense
 
29.9

 
16.5

 
6.5

 

 
52.9

 
32.6

 
(6.5
)
 
79.0

Provision (benefit) for income taxes
 
38.7

 
35.6

 
14.1

 
18.0

 
106.4

 
(20.0
)
 

 
86.4

Net income (loss) from continuing operations
 
64.3

 
52.3

 
22.0

 
27.5

 
166.1

 
(18.6
)
 

 
147.5

Discontinued operations
 

 

 

 

 

 
12.1

 

 
12.1

Net income (loss)
 
64.3

 
52.3

 
22.0

 
27.5

 
166.1

 
(6.5
)
 

 
159.6