v3.25.2
Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 8.1 $ 16.1
Restricted cash and equivalents 7.7 7.3
Accounts receivable, net 260.8 351.2
Materials, supplies and fuel 145.2 153.9
Income tax receivable, net 20.9 19.8
Regulatory assets, current 132.1 154.8
Other current assets 33.6 39.2
Total current assets 608.4 742.3
Property, plant and equipment 9,894.5 9,566.5
Less accumulated depreciation (2,034.1) (1,936.6)
Total property, plant and equipment, net 7,860.4 7,629.9
Other assets:    
Goodwill 1,299.5 1,299.5
Intangible assets, net 7.0 7.6
Regulatory assets, non-current 247.8 272.9
Other assets, non-current 68.5 70.4
Total other assets, non-current 1,622.8 1,650.4
TOTAL ASSETS 10,091.6 10,022.6
Current liabilities:    
Accounts payable 180.8 229.1
Accrued liabilities 251.1 302.2
Derivative liabilities, current 1.7 4.2
Regulatory liabilities, current 96.6 94.1
Notes payable 123.7 133.8
Current maturities of long-term debt 300.0 0.0
Total current liabilities 953.9 763.4
Long-term debt, net of current maturities 3,952.4 4,250.2
Deferred credits and other liabilities:    
Deferred income tax liabilities, net 674.0 625.1
Regulatory liabilities, non-current 480.1 474.6
Benefit plan liabilities 119.9 122.9
Other deferred credits and other liabilities 191.9 201.2
Total deferred credits and other liabilities 1,465.9 1,423.8
Commitments, contingencies and guarantees (Note 3)
Equity:    
Common stock $1 par value; 100,000,000 shares authorized; issued 72,902,676 and 71,676,756 shares, respectively 72.9 71.7
Additional paid-in capital 2,260.7 2,193.4
Retained earnings 1,313.3 1,249.1
Treasury stock, at cost - 47,947 and 56,608 shares, respectively (2.8) (3.3)
Accumulated other comprehensive (loss) (8.0) (9.4)
Total stockholders’ equity 3,636.1 3,501.5
Non-controlling interest 83.3 83.7
Total equity 3,719.4 3,585.2
TOTAL LIABILITIES AND TOTAL EQUITY $ 10,091.6 $ 10,022.6