(13)Selected Balance Sheet Information Accounts Receivable and Allowance for Credit Losses Following is a summary of Accounts receivable, net included in the accompanying Consolidated Balance Sheets as of:
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|
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|
|
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|
June 30, 2025 |
|
December 31, 2024 |
|
|
(in millions) |
|
Billed Accounts Receivable |
$ |
180.9 |
|
$ |
201.5 |
|
Unbilled Revenue |
|
83.6 |
|
|
151.8 |
|
Less: Allowance for Credit Losses |
|
(3.7 |
) |
|
(2.1 |
) |
Account Receivable, net |
$ |
260.8 |
|
$ |
351.2 |
|
Changes to allowance for credit losses for the six months ended June 30, 2025 and 2024, respectively, were as follows:
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|
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|
|
|
Balance at Beginning of Year |
|
Additions Charged to Costs and Expenses |
|
Recoveries and Other Additions |
|
Write-offs and Other Deductions |
|
Balance at June 30, |
|
|
(in millions) |
|
2025 |
$ |
2.1 |
|
$ |
4.4 |
|
$ |
1.6 |
|
$ |
(4.4 |
) |
$ |
3.7 |
|
2024 |
$ |
2.2 |
|
$ |
2.7 |
|
$ |
1.8 |
|
$ |
(3.6 |
) |
$ |
3.1 |
|
Materials, Supplies and Fuel The following amounts by major classification are included in Materials, supplies, and fuel on the accompanying Consolidated Balance Sheets as of:
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|
|
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|
|
June 30, 2025 |
|
December 31, 2024 |
|
|
(in millions) |
|
Materials and supplies |
$ |
113.4 |
|
$ |
106.1 |
|
Fuel - Electric Utilities |
|
6.7 |
|
|
7.5 |
|
Natural gas in storage |
|
25.1 |
|
|
40.3 |
|
Total materials, supplies, and fuel |
$ |
145.2 |
|
$ |
153.9 |
|
Accrued Liabilities The following amounts by major classification are included in Accrued liabilities on the accompanying Consolidated Balance Sheets as of:
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|
June 30, 2025 |
|
December 31, 2024 |
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|
(in millions) |
|
Accrued employee compensation, benefits, and withholdings |
$ |
73.1 |
|
$ |
85.5 |
|
Accrued property taxes |
|
43.2 |
|
|
54.7 |
|
Customer deposits and prepayments |
|
44.7 |
|
|
55.6 |
|
Accrued interest |
|
52.3 |
|
|
56.4 |
|
Other (none of which is individually significant) |
|
37.8 |
|
|
50.0 |
|
Total accrued liabilities |
$ |
251.1 |
|
$ |
302.2 |
|
|