We had the following regulatory assets and liabilities:
|
|
|
|
|
|
|
|
As of |
|
As of |
|
|
June 30, 2026 |
|
December 31, 2025 |
|
|
(in millions) |
|
Regulatory assets |
|
|
|
|
Winter Storm Uri |
$ |
18.1 |
|
$ |
50.7 |
|
Deferred energy and fuel cost adjustments |
|
93.7 |
|
|
83.3 |
|
Deferred gas cost adjustments |
|
9.0 |
|
|
10.2 |
|
Gas price derivatives |
|
0.4 |
|
|
4.6 |
|
Deferred taxes on AFUDC |
|
11.2 |
|
|
10.6 |
|
Employee benefit plans and related deferred taxes |
|
85.9 |
|
|
87.4 |
|
Environmental |
|
13.2 |
|
|
13.1 |
|
Loss on reacquired debt |
|
13.3 |
|
|
14.1 |
|
Deferred taxes on flow through accounting |
|
98.1 |
|
|
94.8 |
|
Other regulatory assets |
|
35.1 |
|
|
25.9 |
|
Total regulatory assets |
|
378.0 |
|
|
394.7 |
|
Less current regulatory assets |
|
(121.0 |
) |
|
(139.7 |
) |
Regulatory assets, non-current |
$ |
257.0 |
|
$ |
255.0 |
|
|
|
|
|
|
Regulatory liabilities |
|
|
|
|
Deferred energy and fuel cost adjustments |
$ |
21.9 |
|
$ |
12.3 |
|
Deferred gas cost adjustments |
|
31.7 |
|
|
51.5 |
|
Employee benefit plan costs and related deferred taxes |
|
35.7 |
|
|
36.2 |
|
Cost of removal |
|
225.3 |
|
|
216.5 |
|
Excess deferred income taxes |
|
226.1 |
|
|
230.3 |
|
Colorado renewable energy |
|
38.3 |
|
|
33.2 |
|
Other regulatory liabilities |
|
9.7 |
|
|
8.2 |
|
Total regulatory liabilities |
|
588.7 |
|
|
588.2 |
|
Less current regulatory liabilities |
|
(94.4 |
) |
|
(99.9 |
) |
Regulatory liabilities, non-current |
$ |
494.3 |
|
$ |
488.3 |
|
|