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Segment Information (Tables)
12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Schedule of Segment Information

 

 

Tampa

 

 

 

 

 

Eliminations/

 

 

 

 

(millions)

 

Electric

 

 

PGS

 

 

Reclassifications

 

 

TEC

 

2023

 

 

 

 

 

 

 

 

 

 

 

 

Revenues - external

 

$

2,637

 

 

 

 

 

 

 

 

$

2,637

 

Intracompany sales

 

 

0

 

 

 

 

 

 

 

 

 

0

 

Total revenues

 

 

2,637

 

 

 

 

 

 

 

 

 

2,637

 

Depreciation and amortization

 

 

422

 

 

 

 

 

 

 

 

 

422

 

Interest income from affiliates

 

 

38

 

 

 

 

 

 

 

 

 

38

 

Total interest charges

 

 

239

 

 

 

 

 

 

 

 

 

239

 

Provision for income taxes

 

 

87

 

 

 

 

 

 

 

 

 

87

 

Net income

 

 

466

 

 

 

 

 

 

 

 

 

466

 

Total assets

 

 

11,831

 

 

 

 

 

 

 

 

 

11,831

 

Capital expenditures

 

 

1,294

 

 

 

 

 

 

 

 

 

1,294

 

2022

 

 

 

 

 

 

 

 

 

 

 

 

Revenues - external

 

$

2,519

 

 

$

650

 

 

$

0

 

 

$

3,169

 

Intracompany sales

 

 

4

 

 

 

6

 

 

 

(10

)

 

 

0

 

Total revenues

 

 

2,523

 

 

 

656

 

 

 

(10

)

 

 

3,169

 

Depreciation and amortization

 

 

389

 

 

 

47

 

 

 

0

 

 

 

436

 

Total interest charges

 

 

142

 

 

 

25

 

 

 

0

 

 

 

167

 

Provision for income taxes

 

 

94

 

 

 

27

 

 

 

0

 

 

 

121

 

Net income

 

 

458

 

 

 

82

 

 

 

0

 

 

 

540

 

Total assets

 

 

12,064

 

 

 

2,471

 

 

 

(732

)

(1)

 

13,803

 

Capital expenditures

 

 

1,099

 

 

 

328

 

 

 

0

 

 

 

1,427

 

2021

 

 

 

 

 

 

 

 

 

 

 

 

Revenues - external

 

$

2,170

 

 

$

525

 

 

$

0

 

 

$

2,695

 

Intracompany sales

 

 

4

 

 

 

3

 

 

 

(7

)

 

 

0

 

Total revenues

 

 

2,174

 

 

 

528

 

 

 

(7

)

 

 

2,695

 

Depreciation and amortization

 

 

374

 

 

 

56

 

 

 

0

 

 

 

430

 

Total interest charges

 

 

110

 

 

 

20

 

 

 

0

 

 

 

130

 

Provision for income taxes

 

 

57

 

 

 

23

 

 

 

0

 

 

 

80

 

Net income

 

 

369

 

 

 

77

 

 

 

0

 

 

 

446

 

Total assets

 

 

10,650

 

 

 

2,209

 

 

 

(663

)

(1)

 

12,196

 

Capital expenditures

 

 

1,081

 

 

 

316

 

 

 

0

 

 

 

1,397

 

 

(1)
Amounts relate to consolidated deferred tax reclassifications. Deferred tax assets are reclassified and netted with deferred tax liabilities upon consolidation.