v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Utility Plant    
Plant in Service $ 9,580,229 $ 9,000,669
Construction Work in Progress 672,215 890,095
Total Utility Plant 10,252,444 9,890,764
Accumulated Depreciation and Amortization (2,980,003) (2,837,619)
Total Utility Plant, Net 7,272,441 7,053,145
Investments and Other Property 70,392 75,717
Current Assets    
Cash and Cash Equivalents 81,326 26,192
Accounts Receivable (Net of Allowance for Credit Losses of $11,788 and $13,827 as of September 30, 2026 and December 31, 2025, respectively) 266,818 195,923
Fuel Inventory 54,785 59,281
Materials and Supplies 225,130 211,555
Regulatory Assets 115,223 126,836
Derivative Instruments 15,441 9,187
Other 37,376 31,864
Total Current Assets 796,099 660,838
Regulatory Assets 189,805 167,108
Derivative Instruments 16,391 21,123
Other Noncurrent Assets 191,554 161,339
Total Assets 8,536,682 8,139,270
Common Stock Equity:    
Common Stock (No Par Value, 75,000,000 Shares Authorized, 32,139,434 Shares Outstanding as of September 30, 2026 and December 31, 2025) 1,906,539 1,811,539
Capital Stock Expense (6,357) (6,357)
Retained Earnings 1,754,862 1,650,295
Accumulated Other Comprehensive Loss (6,597) (6,930)
Total Common Stock Equity 3,648,447 3,448,547
Preferred Stock (No Par Value, 1,000,000 Shares Authorized, None Outstanding as of September 30, 2026 and December 31, 2025) 0 0
Long-Term Debt, Net 2,794,278 2,792,642
Total Capitalization 6,442,725 6,241,189
Current Liabilities    
Accounts Payable 163,708 128,540
Accrued Taxes Other than Income Taxes 85,324 58,410
Accrued Employee Expenses 44,264 42,383
Accrued Interest 37,144 23,627
Regulatory Liabilities 166,638 143,851
Customer Deposits 18,903 17,508
Derivative Instruments 18,414 31,143
Other 29,335 29,743
Total Current Liabilities 563,730 475,205
Deferred Income Taxes, Net 721,084 704,199
Regulatory Liabilities 486,892 419,132
Pension and Other Postretirement Benefits 53,706 54,158
Derivative Instruments 4,018 1,750
Asset Retirement Obligations 194,253 175,128
Other Noncurrent Liabilities 70,274 68,509
Total Liabilities 2,093,957 1,898,081
Commitments and Contingencies
Total Capitalization and Liabilities $ 8,536,682 $ 8,139,270