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BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 16.2 $ 44.0
Accounts receivable, net 92.7 90.7
Accounts receivable from affiliates 4.2 10.5
Investments in money pool arrangements 0.0 0.0
Accrued unbilled revenues 115.1 114.5
Inventories 31.0 33.9
Regulatory assets 20.0 26.0
Derivative instruments 15.0 17.8
Prepaid taxes 0.8 14.2
Prepayments and other 21.4 10.7
Total current assets 316.4 362.3
Property, plant and equipment, net 6,631.6 5,946.4
Other assets    
Regulatory assets 364.0 366.2
Derivative instruments 12.6 15.8
Operating lease right-of-use assets 522.4 0.0
Other 3.9 5.1
Total other assets 902.9 387.1
Total assets 7,850.9 6,695.8
Current liabilities    
Short-term debt 0.0 42.0
Accounts payable 168.1 191.8
Accounts payable to affiliates 20.4 19.9
Regulatory liabilities 118.1 85.8
Taxes accrued 40.4 41.6
Accrued interest 26.2 25.8
Dividends payable 46.3 45.2
Derivative instruments 3.7 3.6
Operating lease liabilities 26.9 0.0
Other 30.7 28.3
Total current liabilities 480.8 484.0
Deferred credits and other liabilities    
Deferred income taxes 671.8 619.1
Regulatory liabilities 732.3 780.9
Asset retirement obligations 77.3 32.4
Derivative instruments 12.8 16.4
Pension and employee benefit obligations 67.0 92.4
Operating lease liabilities 495.3 0.0
Other 9.4 7.9
Total deferred credits and other liabilities 2,065.9 1,549.1
Commitments and contingencies
Capitalization    
Long-term debt 2,419.7 2,126.1
Common stock — 200 shares authorized of $1.00 par value; 100 shares outstanding at Dec. 31, 2019 and 2018, respectively 0.0 0.0
Additional paid in capital 2,350.9 1,932.3
Retained earnings 535.0 605.7
Accumulated other comprehensive loss (1.4) (1.4)
Total common stockholder’s equity 2,884.5 2,536.6
Total liabilities and equity $ 7,850.9 $ 6,695.8