v3.26.1
SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of information related to reportable segments
The following tables show summarized financial information related to our reportable segments for the three and six months ended June 30, 2026 and 2025.
(in millions)UtilityOtherWisconsin Public Service Corporation
Three Months Ended June 30, 2026
External revenues$407.5 $ $407.5 
Fuel and purchased power
87.4  87.4 
Cost of natural gas sold
29.3  29.3 
Other operation and maintenance129.4  129.4 
Depreciation and amortization69.4  69.4 
Property and revenue taxes
12.7  12.7 
Other income, net (1)
8.8 0.7 9.5 
Interest expense23.9  23.9 
Income tax expense9.4 0.2 9.6 
Net income$54.8 $0.5 $55.3 
Other Segment Disclosures
Three Months Ended June 30, 2026
Capital expenditures$172.3 $ $172.3 
Balance at June 30, 2026
Equity method investments
0.9 18.2 19.1 
Total assets8,206.6 18.2 8,224.8 

(1)Includes equity earnings from equity method investments of $0.7 million included in the other segment, as well as amounts that are not material for interest income in the utility segment.
(in millions)UtilityOtherWisconsin Public Service Corporation
Three Months Ended June 30, 2025
External revenues$410.5 $— $410.5 
Fuel and purchased power
90.8 — 90.8 
Cost of natural gas sold
32.7 — 32.7 
Other operation and maintenance121.8 — 121.8 
Depreciation and amortization66.7 — 66.7 
Property and revenue taxes
11.0 — 11.0 
Other income, net (1)
3.7 0.5 4.2 
Interest expense24.2 — 24.2 
Income tax expense12.2 0.1 12.3 
Net income$54.8 $0.4 $55.2 
Other Segment Disclosures
Three Months Ended June 30, 2025
Capital expenditures$129.0 $— $129.0 
Balance at June 30, 2025
Equity method investments
0.9 15.9 16.8 
Total assets7,599.7 15.9 7,615.6 

(1)Includes equity earnings from equity method investments of $0.5 million included in the other segment, as well as amounts that are not material for interest income in the utility segment.
(in millions)UtilityOtherWisconsin Public Service Corporation
Six Months Ended June 30, 2026
External revenues$971.8 $ $971.8 
Fuel and purchased power
199.5  199.5 
Cost of natural gas sold
164.3  164.3 
Other operation and maintenance249.5  249.5 
Depreciation and amortization138.0  138.0 
Property and revenue taxes
25.8  25.8 
Other income, net (1)
15.7 1.3 17.0 
Interest expense47.7  47.7 
Income tax expense24.4 0.4 24.8 
Net income$138.3 $0.9 $139.2 
Other Segment Disclosures
Capital expenditures$319.9 $ $319.9 

(1)Includes equity earnings from equity method investments of $1.3 million included in the other segment, as well as amounts that are not material for interest income in the utility segment.
(in millions)UtilityOtherWisconsin Public Service Corporation
Six Months Ended June 30, 2025
External revenues$909.2 $— $909.2 
Fuel and purchased power
188.3 — 188.3 
Cost of natural gas sold
125.4 — 125.4 
Other operation and maintenance241.1 — 241.1 
Depreciation and amortization132.5 — 132.5 
Property and revenue taxes
22.4 — 22.4 
Other income, net (1)
7.5 1.0 8.5 
Interest expense48.2 — 48.2 
Income tax expense28.6 0.2 28.8 
Net income$130.2 $0.8 $131.0 
Other Segment Disclosures
Capital expenditures$253.6 $— $253.6 

(1)Includes equity earnings from equity method investments of $1.0 million included in the other segment, as well as amounts that are not material for interest income in the utility segment.