v3.26.1
Statements of Consolidated Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating Activities    
Net Income $ 593.1 $ 627.2
Adjustments to Reconcile Net Income to Net Cash from Operating Activities:    
Depreciation and amortization 650.5 545.3
Deferred income taxes and investment tax credits 107.6 120.4
Loss on sale of assets 0.0 0.8
Payments for asset retirement obligations (12.1) (31.3)
Other adjustments 38.2 22.3
Changes in Assets and Liabilities:    
Components of working capital(1) (272.0) (64.8)
Regulatory assets/liabilities (56.1) (23.7)
Deferred charges and other noncurrent assets 18.0 (14.9)
Other noncurrent liabilities and deferred credits and charges 55.5 0.5
Net Cash Flows from Operating Activities 1,122.7 1,181.8
Investing Activities    
Capital expenditures (1,902.6) (1,295.5)
Payment to renewable generation asset developer 0.0 (958.0)
Advanced deposits (92.1) (160.9)
Other investing activities (112.1) (151.9)
Net Cash Flows used for Investing Activities (2,106.8) (2,566.3)
Financing Activities    
Proceeds from issuance of long-term debt 1,239.7 2,362.0
Repayments of finance lease obligations (10.4) (10.9)
Net change in commercial paper and other short-term borrowings (44.0) (604.6)
Issuance of common stock, net of issuance costs 7.0 6.8
Equity costs, premiums and other debt related costs (24.7) (17.7)
Contributions from NIPSCO and GenCo minority interest holders 124.5 134.3
Distributions to tax equity partners (8.0) (9.8)
Distribution to NIPSCO minority interest holders (47.0) (44.4)
Dividends paid - common stock (293.3) (264.2)
Net Cash Flows from Financing Activities 943.8 1,551.5
Change in cash, cash equivalents and restricted cash (40.3) 167.0
Cash, cash equivalents and restricted cash at beginning of period 135.7 198.6
Cash, Cash Equivalents and Restricted Cash at End of Period $ 95.4 $ 365.6