v3.25.4
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenue:      
Revenue $ 2,310.0 $ 2,127.7 $ 2,331.3
Operating expenses:      
Fuel, purchased power and cost of natural gas sold 831.5 730.3 982.9
Operations and maintenance 589.8 557.0 552.0
Depreciation and amortization 283.8 270.1 256.8
Taxes other than income taxes 67.4 67.2 66.9
Total operating expenses 1,772.5 1,624.6 1,858.6
Operating income 537.5 503.1 472.7
Other income (expense):      
Interest expense incurred net of amounts capitalized (206.9) (195.2) (180.0)
Interest income 6.8 13.5 12.1
Other income (expense), net 6.1 (1.4) (3.2)
Total other income (expense) (194.0) (183.1) (171.1)
Income before income taxes 343.5 320.0 301.6
Income tax (expense) (43.7) (36.3) (25.6)
Net income 299.8 283.7 276.0
Net income attributable to non-controlling interest (8.2) (10.6) (13.8)
Net income available for common stock $ 291.6 $ 273.1 $ 262.2
Earnings per share of common stock:      
Earnings per share, Basic (usd per share) $ 3.99 $ 3.91 $ 3.91
Earnings per share, Diluted (usd per share) $ 3.98 $ 3.91 $ 3.91
Weighted average common shares outstanding:      
Basic (in shares) 73.0 69.8 67.0
Diluted (in shares) 73.2 69.9 67.1