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Summarized Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Summarized Quarterly Financial Data (Unaudited)
 
 
Quarter Ended
(Millions of Dollars)
 
March 31, 2019
 
June 30, 2019
 
Sept. 30, 2019
 
Dec. 31, 2019
Operating revenues
 
$
454.1

 
$
410.5

 
$
533.1

 
$
428.1

Operating income
 
74.5

 
81.9

 
135.4

 
54.9

Net income
 
54.1

 
58.8

 
105.1

 
45.1

 
 
Quarter Ended
(Millions of Dollars)
 
March 31, 2018
 
June 30, 2018
 
Sept. 30, 2018
 
Dec. 31, 2018
Operating revenues
 
$
447.2

 
$
481.3

 
$
540.1

 
$
464.6

Operating income (a)
 
57.1

 
87.6

 
111.0

 
56.0

Net income
 
33.1

 
58.5

 
81.5

 
40.2


(a) 
In 2018, SPS implemented ASU No. 2017-07 related to net periodic benefit cost, which resulted in retrospective reclassification of pension costs from O&M expense to other income.