v3.26.1
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Jun. 30, 2025
Current Assets:      
Cash and Cash Equivalents $ 9.2 $ 15.6 $ 8.5
Accounts Receivable, Net 75.1 98.6 66.0
Accrued Revenue 69.5 87.0 56.8
Exchange Gas Receivable 8.6 9.8 9.1
Gas Inventory 0.9 1.3 0.7
Materials and Supplies 16.3 15.4 15.9
Prepayments and Other 18.9 12.4 13.1
Total Current Assets 198.5 240.1 170.1
Utility Plant:      
Electric 763.9 752.2 728.2
Gas 1,450.6 1,413.0 1,285.3
Water 58.8 0.0 0.0
Common 75.8 75.3 72.3
Construction Work in Progress 123.3 101.7 89.5
Utility Plant 2,472.4 2,342.2 2,175.3
Less: Accumulated Depreciation 567.6 543.7 530.9
Net Utility Plant 1,904.8 1,798.5 1,644.4
Other Noncurrent Assets:      
Regulatory Assets 39.1 38.8 46.6
Operating Lease Right of Use Assets 6.4 7.0 5.7
Goodwill 6.8 4.3 1.6
Derivative Asset 21.9 14.9 0.0
Other Assets 43.4 30.6 24.3
Total Other Noncurrent Assets 117.6 95.6 78.2
TOTAL ASSETS 2,220.9 2,134.2 1,892.7
Current Liabilities:      
Accounts Payable 43.5 62.9 41.1
Short-Term Debt 234.8 255.7 171.4
Long-Term Debt, Current Portion 40.8 37.9 4.9
Regulatory Liabilities 25.5 16.7 21.0
Energy Supply Obligations 10.6 11.6 11.1
Interest Payable 9.5 9.4 8.6
Environmental Obligations 0.8 0.8 0.7
Operating Lease Obligations 2.1 2.1 1.7
Taxes Payable 10.3 0.6 6.0
Other Current Liabilities 26.6 28.1 27.0
Total Current Liabilities 404.5 425.8 293.5
Noncurrent Liabilities:      
Retirement Benefit Obligations 33.8 32.9 26.3
Deferred Income Taxes, Net 197.3 196.7 187.2
Cost of Removal Obligations 160.6 153.0 147.4
Regulatory Liabilities 74.0 64.1 52.5
Environmental Obligations 7.5 7.3 7.1
Operating Lease Obligations 4.3 4.9 4.0
Other Noncurrent Liabilities 14.8 7.3 6.1
Total Noncurrent Liabilities 492.3 466.2 430.6
Capitalization:      
Long-Term Debt, Less Current Portion 680.4 632.6 635.8
Stockholders' Equity:      
Common Equity (No par value, Authorized 25,000,000 shares; Outstanding 18,225,964, 16,291,395 and 17,919,191 Shares) 431.5 418.2 344.6
Retained Earnings 212.0 191.2 188.0
Total Common Stock Equity 643.5 609.4 532.6
Preferred Stock 0.2 0.2 0.2
Total Stockholders' Equity 643.7 609.6 532.8
Total Capitalization 1,324.1 1,242.2 1,168.6
Commitments and Contingencies (Notes 7 & 8)
TOTAL LIABILITIES AND CAPITALIZATION $ 2,220.9 $ 2,134.2 $ 1,892.7