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) | | Utility | | Other | | Wisconsin 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 maintenance | | 129.4 | | | — | | | 129.4 | | | Depreciation and amortization | | 69.4 | | | — | | | 69.4 | | Property and revenue taxes | | 12.7 | | | — | | | 12.7 | | Other income, net (1) | | 8.8 | | | 0.7 | | | 9.5 | | | Interest expense | | 23.9 | | | — | | | 23.9 | | | Income tax expense | | 9.4 | | | 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 assets | | 8,206.6 | | | 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) | | Utility | | Other | | Wisconsin 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 maintenance | | 121.8 | | | — | | | 121.8 | | | Depreciation and amortization | | 66.7 | | | — | | | 66.7 | | Property and revenue taxes | | 11.0 | | | — | | | 11.0 | | Other income, net (1) | | 3.7 | | | 0.5 | | | 4.2 | | | Interest expense | | 24.2 | | | — | | | 24.2 | | | Income tax expense | | 12.2 | | | 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 assets | | 7,599.7 | | | 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) | | Utility | | Other | | Wisconsin 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 maintenance | | 249.5 | | | — | | | 249.5 | | | Depreciation and amortization | | 138.0 | | | — | | | 138.0 | | Property and revenue taxes | | 25.8 | | | — | | | 25.8 | | Other income, net (1) | | 15.7 | | | 1.3 | | | 17.0 | | | Interest expense | | 47.7 | | | — | | | 47.7 | | | Income tax expense | | 24.4 | | | 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) | | Utility | | Other | | Wisconsin 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 maintenance | | 241.1 | | | — | | | 241.1 | | | Depreciation and amortization | | 132.5 | | | — | | | 132.5 | | Property and revenue taxes | | 22.4 | | | — | | | 22.4 | | Other income, net (1) | | 7.5 | | | 1.0 | | | 8.5 | | | Interest expense | | 48.2 | | | — | | | 48.2 | | | Income tax expense | | 28.6 | | | 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.
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