v3.26.1
Restricted and Designated Cash and Investments
 3 Months Ended
Mar. 31, 2026
Cash and Cash Equivalents [Abstract]  
Restricted and Designated Cash and Investments RESTRICTED AND DESIGNATED CASH AND INVESTMENTS
Cash, cash equivalents, and restricted and designated cash and cash equivalents reported within the
consolidated balance sheets and included in the consolidated statement of cash flows are as follows:
March 31,
2026		December 31,
2025
(In thousands)
Cash and cash equivalents$622,221 $685,570 
Restricted and designated cash and equivalents:
MBPP operating funds31,190 29,923 
Deferred revenue272,000 272,000 
303,190 301,923 
Total cash, cash equivalents and restricted and designated cash and equivalents included in the consolidated statements of cash flows
$925,411 $987,493 
Restricted and designated investments reported within the consolidated balance sheets are as follows:
March 31,
2026		December 31,
2025
(In thousands)
Restricted and designated investments:
Funds held in trust for an asset retirement obligation by Bank of Montreal as trustee for SVPL
5,487 5,244 
Asset retirement obligations54,620 56,118 
$60,107 $61,362 
Restricted cash and investments include funds held by a financial institution, as trustee. Designated cash and investments includes amounts designated by the Basin Electric Board of Directors.