Condensed Consolidated Balance Sheets (unaudited) - USD ($) $ in Thousands	Jun. 30, 2026	Dec. 31, 2025
Current assets
Cash and cash equivalents	$ 238,732	$ 501,778
Restricted cash	218	478,968
Accounts receivable and unbilled revenues, net	520,390	491,526
Regulatory assets	51,669	50,039
Other	389,695	305,999
Assets held for sale	52,248	56,266
Total current assets	1,252,952	1,884,576
Noncurrent assets:
Property, plant and equipment, net of accumulated depreciation of $3,626,536 and $3,518,501 at June 30, 2026 and December 31, 2025, respectively	6,347,255	6,188,372
Operating lease right-of-use assets	48,172	56,604
Regulatory assets	274,578	258,076
Defined benefit pension and other postretirement benefit plans asset	221,553	219,211
Other	257,292	316,040
Total noncurrent assets	7,148,850	7,038,303
Total assets	8,401,802	8,922,879
Current liabilities:
Accounts payable	305,686	219,062
Interest and dividends payable	30,925	31,458
Current portion of long-term debt, net	0	124,959
Regulatory liabilities	31,265	51,997
Wildfire related claims	457,563	530,000
Other	383,699	410,458
Liabilities held for sale	60,998	59,803
Total current liabilities	1,270,136	1,427,737
Noncurrent liabilities:
Long-term debt, net	2,265,630	2,285,016
Operating lease liabilities	35,623	43,278
Finance lease liabilities	499,402	505,590
Regulatory liabilities	1,442,389	1,392,147
Defined benefit pension liability	23,570	23,656
Wildfire tort-related claims	890,280	1,436,250
Other	211,885	203,286
Total noncurrent liabilities	5,368,779	5,889,223
Total liabilities	6,638,915	7,316,960
Commitments and contingencies (Notes 2 and 4)
Shareholders’ equity
Preferred stock, no par value, authorized 10,000,000 shares; issued: none	0	0
Common stock, no par value, authorized 400,000,000 shares; issued and outstanding: 172,728,004 shares and 172,620,476 shares at June 30, 2026 and December 31, 2025, respectively	2,271,654	2,268,187
Retained earnings (deficit)	(511,956)	(665,606)
Accumulated other comprehensive income, net of taxes	3,189	3,338
Total shareholders’ equity	1,762,887	1,605,919
Total liabilities and shareholders’ equity	$ 8,401,802	$ 8,922,879

Sum of the carrying values as of the balance sheet date of (a) interest payable on all forms of debt, including trade payables, that has been incurred, and (b) dividends declared but unpaid on equity securities issued by the entity and outstanding (also includes dividends collected on behalf of another owner of securities that are being held by the entity). This includes dividends on preferred stock of subsidiaries.

No definition available.