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CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 2.0 $ 2.3
Accounts receivable and unbilled revenues, net of reserves of $14.7 and $4.2, respectively 180.9 210.0
Accounts receivable from related parties 19.2 38.7
Materials, supplies, and inventories 105.7 106.4
Prepaid taxes 37.3 63.4
Other 8.5 11.2
Current assets 353.6 432.0
Long-term assets    
Property, plant, and equipment, net of accumulated depreciation and amortization of $1,755.0 and $1,672.1, respectively 4,794.0 4,544.5
Regulatory assets 424.6 437.9
Goodwill 36.4 36.4
Pension and OPEB assets 165.6 148.3
Other 38.0 42.5
Long-term assets 5,458.6 5,209.6
Total assets 5,812.2 5,641.6
Current liabilities    
Short-term debt 16.0 91.5
Accounts payable 171.5 176.9
Accounts payable to related parties 40.8 68.5
Accrued payroll and benefits 23.2 26.5
Accrued interest 21.6 10.6
Customer credit balances 15.5 17.3
Other 22.1 27.8
Current liabilities 310.7 419.1
Long-term liabilities    
Long-term debt 1,644.2 1,642.8
Deferred income taxes 693.9 654.6
Deferred investment tax credits 36.7 6.1
Regulatory liabilities 761.5 782.5
Environmental remediation liabilities 83.8 83.8
Pension and OPEB obligations 18.1 18.6
Other 96.1 94.3
Long-term liabilities 3,334.3 3,282.7
Commitments and contingencies (Note 15)
Shareholder's equity    
Common stock – $4 par value; 32,000,000 shares authorized; 23,896,962 shares issued and outstanding 95.6 95.6
Additional paid in capital 1,426.3 1,221.1
Retained earnings 645.3 623.1
Common shareholders' equity 2,167.2 1,939.8
Total liabilities and equity $ 5,812.2 $ 5,641.6