v3.25.2
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Jun. 30, 2024
Current Assets:      
Cash and Cash Equivalents $ 8.5 $ 6.3 $ 2.8
Accounts Receivable, Net 66.0 75.0 60.0
Accrued Revenue 56.8 77.4 65.9
Exchange Gas Receivable 9.1 6.4 5.8
Gas Inventory 0.7 1.1 0.4
Materials and Supplies 15.9 14.2 14.2
Prepayments and Other 13.1 8.4 10.9
Total Current Assets 170.1 188.8 160.0
Utility Plant:      
Electric 728.2 699.4 663.2
Gas 1,285.3 1,189.9 1,131.6
Common 72.3 69.0 67.8
Construction Work in Progress 89.5 92.9 92.2
Utility Plant 2,175.3 2,051.2 1,954.8
Less: Accumulated Depreciation 530.9 511.6 500.0
Net Utility Plant 1,644.4 1,539.6 1,454.8
Other Noncurrent Assets:      
Regulatory Assets 46.6 41.9 53.0
Operating Lease Right of Use Assets 5.7 6.7 5.1
Goodwill 1.6    
Other Assets 24.3 17.5 22.1
Total Other Noncurrent Assets 78.2 66.1 80.2
TOTAL ASSETS 1,892.7 1,794.5 1,695.0
Current Liabilities:      
Accounts Payable 41.1 49.7 37.2
Short-Term Debt 171.4 105.8 157.8
Long-Term Debt, Current Portion 4.9 4.9 4.9
Regulatory Liabilities 21.0 17.2 24.5
Energy Supply Obligations 11.1 10.0 8.6
Interest Payable 8.6 8.4 6.0
Environmental Obligations 0.7 0.7 0.7
Operating Lease Obligations 1.7 1.8 1.7
Taxes Payable 6.0 0.0 8.0
Other Current Liabilities 27.0 30.2 24.9
Total Current Liabilities 293.5 228.7 274.3
Noncurrent Liabilities:      
Retirement Benefit Obligations 26.3 25.5 46.4
Deferred Income Taxes, Net 187.2 186.1 178.6
Cost of Removal Obligations 147.4 139.2 134.9
Regulatory Liabilities 52.5 46.8 33.3
Environmental Obligations 7.1 7.1 4.0
Operating Lease Obligations 4.0 4.9 3.4
Other Noncurrent Liabilities 6.1 5.3 4.9
Total Noncurrent Liabilities 430.6 414.9 405.5
Capitalization:      
Long-Term Debt, Less Current Portion 635.8 638.4 506.4
Stockholders' Equity:      
Common Equity (No par value, Authorized: 25,000,000 and Outstanding 16,291,395, 16,173,132 and 16,192,345 Shares) 344.6 341.2 339.3
Retained Earnings 188.0 171.1 169.3
Total Common Stock Equity 532.6 512.3 508.6
Preferred Stock 0.2 0.2 0.2
Total Stockholders' Equity 532.8 512.5 508.8
Total Capitalization 1,168.6 1,150.9 1,015.2
Commitments and Contingencies (Notes 6 & 7)
TOTAL LIABILITIES AND CAPITALIZATION $ 1,892.7 $ 1,794.5 $ 1,695.0