v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - I&M - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:    
Depreciation and Amortization $ 1,686.5 $ 1,609.0
Deferred Income Taxes (53.6) (56.1)
Asset Impairments and Other Related Charges 0.0 142.5
Allowance for Equity Funds Used During Construction (114.4) (98.8)
Mark-to-Market of Risk Management Contracts (240.6) (75.0)
Deferred Fuel Over/Under-Recovery, Net (41.3) 120.0
Change in Other Noncurrent Assets (439.5) (131.0)
Change in Other Noncurrent Liabilities 41.4 189.9
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (176.4) (209.3)
Fuel, Materials and Supplies 114.3 111.3
Accounts Payable 286.9 77.0
Accrued Taxes, Net (468.5) (301.3)
Other Current Assets 10.6 (144.0)
Other Current Liabilities (170.7) 108.6
Net Cash Flows from Operating Activities 2,671.1 2,904.2
INVESTING ACTIVITIES    
Construction Expenditures (4,020.2) (3,318.3)
Purchases of Investment Securities (1,336.5) (1,190.1)
Sales of Investment Securities 1,311.0 1,157.1
Acquisitions of Nuclear Fuel (45.6) (69.8)
Other Investing Activities 103.3 57.4
Net Cash Flows Used for Investing Activities (5,347.3) (3,249.7)
FINANCING ACTIVITIES    
Issuance of Long-term Debt 3,163.2 3,663.3
Retirement of Long-term Debt (1,324.1) (1,769.1)
Principal Payments for Finance Lease Obligations (25.0) (35.8)
Dividends Paid on Common Stock (1,000.5) (936.0)
Other Financing Activities 2.7 (35.3)
Net Cash Flows from Financing Activities 2,708.8 214.4
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 32.6 (131.1)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 246.0 379.0
Cash, Cash Equivalents and Restricted Cash at End of Period 278.6 247.9
SUPPLEMENTARY INFORMATION    
Cash Paid for Interest, Net of Capitalized Amounts 946.2 881.0
Net Cash Paid (Received) for Income Taxes 59.3 60.8
Noncash Acquisitions Under Finance Leases 16.7 20.5
Construction Expenditures Included in Current Liabilities as of June 30, 1,059.1 1,049.9
Acquisition of Nuclear Fuel Included in Current Liabilities as of June 30, 33.4 8.2
I&M    
OPERATING ACTIVITIES    
Net Income 181.6 180.2
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:    
Depreciation and Amortization 252.7 226.6
Deferred Income Taxes (45.7) (69.8)
Deferral of Incremental Nuclear Refueling Outage Expenses, Net (22.8) (20.5)
Asset Impairments and Other Related Charges 0.0 13.4
Allowance for Equity Funds Used During Construction (8.1) (6.7)
Mark-to-Market of Risk Management Contracts 6.6 9.5
Amortization of Nuclear Fuel 51.8 46.1
Deferred Fuel Over/Under-Recovery, Net 8.8 (9.5)
Change in Other Noncurrent Assets (13.9) 10.2
Change in Other Noncurrent Liabilities 55.3 29.3
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (9.5) (0.1)
Fuel, Materials and Supplies 26.1 8.6
Accounts Payable 27.8 (7.5)
Accrued Taxes, Net (0.7) 36.1
Other Current Assets 2.5 (8.8)
Other Current Liabilities (13.6) (10.8)
Net Cash Flows from Operating Activities 498.9 426.3
INVESTING ACTIVITIES    
Construction Expenditures (305.7) (275.0)
Purchases of Investment Securities (1,330.0) (1,187.1)
Sales of Investment Securities 1,294.4 1,154.1
Acquisitions of Nuclear Fuel (45.6) (69.8)
Other Investing Activities 27.2 3.7
Net Cash Flows Used for Investing Activities (359.7) (374.1)
FINANCING ACTIVITIES    
Capital Contribution from Parent 7.4 5.0
Issuance of Long-term Debt 249.0 80.4
Change in Advances from Affiliates, Net (101.1) (10.7)
Retirement of Long-term Debt (240.0) (48.6)
Principal Payments for Finance Lease Obligations (3.1) (3.6)
Dividends Paid on Common Stock (50.0) (75.0)
Other Financing Activities 0.6 0.6
Net Cash Flows from Financing Activities (137.2) (51.9)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 2.0 0.3
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 1.5 2.1
Cash, Cash Equivalents and Restricted Cash at End of Period 3.5 2.4
SUPPLEMENTARY INFORMATION    
Cash Paid for Interest, Net of Capitalized Amounts 71.5 72.8
Net Cash Paid (Received) for Income Taxes 2.9 (14.5)
Noncash Acquisitions Under Finance Leases 1.4 1.0
Construction Expenditures Included in Current Liabilities as of June 30, 81.8 86.2
Acquisition of Nuclear Fuel Included in Current Liabilities as of June 30, $ 33.4 $ 8.2