CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Income Statement [Abstract] | ||||
| Operating Revenues | $ 2,903,189 | $ 2,838,068 | $ 7,407,552 | $ 6,956,423 |
| Operating Expenses: | ||||
| Purchased Power, Purchased Natural Gas and Transmission | 939,514 | 818,747 | 2,457,688 | 2,159,084 |
| Operations and Maintenance | 480,441 | 467,557 | 987,420 | 955,008 |
| Depreciation | 423,914 | 385,595 | 844,396 | 765,175 |
| Amortization | (44,323) | 109,103 | 358,441 | 564,552 |
| Energy Efficiency Programs | 173,231 | 135,290 | 464,730 | 392,840 |
| Taxes Other Than Income Taxes | 278,178 | 258,727 | 566,495 | 530,321 |
| Sale of Aquarion | 111,360 | 0 | 111,360 | 0 |
| Total Operating Expenses | 2,362,315 | 2,175,019 | 5,790,530 | 5,366,980 |
| Operating Income | 540,874 | 663,049 | 1,617,022 | 1,589,443 |
| Interest Expense | 355,490 | 293,193 | 720,749 | 594,042 |
| Loss on Offshore Wind | 194,000 | 0 | 194,000 | 0 |
| Other Income, Net | 144,033 | 95,363 | 245,192 | 187,706 |
| Income Before Income Tax Expense | 135,417 | 465,219 | 947,465 | 1,183,107 |
| Income Tax Expense | 79,857 | 110,611 | 283,184 | 275,831 |
| Net Income | 55,560 | 354,608 | 664,281 | 907,276 |
| Net Income Attributable to Noncontrolling Interests | 1,880 | 1,880 | 3,759 | 3,759 |
| Net Income Attributable to Common Shareholders | $ 53,680 | $ 352,728 | $ 660,522 | $ 903,517 |
| Basic Earnings Per Common Share (in dollars per share) | $ 0.14 | $ 0.96 | $ 1.76 | $ 2.46 |
| Diluted Earnings Per Common Share (in dollars per share) | $ 0.14 | $ 0.96 | $ 1.75 | $ 2.45 |
| Weighted Average Common Shares Outstanding: | ||||
| Basic (in shares) | 376,488,004 | 368,661,995 | 376,257,047 | 367,991,121 |
| Diluted (in shares) | 376,998,879 | 368,917,187 | 376,791,247 | 368,297,404 |
| X | ||||||||||
- Definition These costs are in accordance with energy efficiency and conservation program guidelines established by regulators. No definition available.
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- Definition Utilities Operating Expense, Purchased Power, Purchased Transmission, And Fuel Used No definition available.
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- Definition The aggregate amount of recurring noncash expense charged against earnings in the period to allocate the cost of assets over their estimated remaining economic lives. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of other-than-temporary decline in value that has been recognized against investment accounted for under equity method of accounting. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of gain (loss) from sale and disposal of integrated set of activities and assets capable of being conducted and managed for purpose of providing return in form of dividend, lower cost, or other economic benefit to investor, owner, member and participant. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The portion of earnings or loss from continuing operations before income taxes that is attributable to domestic operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition All taxes not related to income of the entity or excise or sales taxes levied on the revenue of the entity that are not reported elsewhere. These taxes could include production, real estate, personal property, and pump tax. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of operating expense for routine plant maintenance, repairs and operations of regulated operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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