Interest Expense, Net

12 Months Ended

Dec. 31, 2025

Interest Expense, Operating and Nonoperating [Abstract]

The following table displays the components of Interest Expense, Net included on the Statements of Consolidated Income:


Year Ended December 31, (in millions)	2025		2024		2023
Interest on long-term debt	$	647.8	$	506.2	$	404.1
Interest on short-term borrowings	36.7		43.2		108.9
Debt discount/cost amortization	15.2		13.8		13.5
Accounts receivable securitization fees	1.4		1.5		2.7
Allowance for borrowed funds used and interest capitalized during construction	(37.8)		(40.1)		(25.3)
Debt-based post-in-service carrying charges	(47.4)		(26.4)		(30.7)
Other	23.1		19.0		16.4
Total Interest Expense, net	$	639.0	$	517.2	$	489.6

- Definition

The entire disclosure for interest income and interest expense for enterprises that derive a significant portion of their revenue from interest collected on investments, loans, and securities.

+ References

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+ Details