XML 102 R39.htm IDEA: XBRL DOCUMENT v2.4.0.8
RELATED PARTY TRANSACTIONS (Tables)
6 Months Ended
Jun. 30, 2013
Related Party Transactions [Abstract]  
Schedule of information related to transactions entered into with related parties
The table below includes information summarizing transactions entered into with related parties as of:
(Millions)
 
June 30, 2013
 
December 31, 2012
Notes payable *
 
 

 
 

Integrys Energy Group
 
$
6.8

 
$
7.2

Accounts Payable
 
 

 
 

ATC
 
10.3

 
9.2

Liability related to income tax allocation
 
 

 
 

Integrys Energy Group
 
7.0

 
7.4


*
WPS Leasing, our consolidated subsidiary, has a note payable to our parent company, Integrys Energy Group.
Schedule of activity associated with related party transactions
The following table shows activity associated with related party transactions:
 
 
Three Months Ended June 30
 
Six Months Ended June 30
(Millions)
 
2013
 
2012
 
2013
 
2012
Electric transactions
 
 

 
 

 
 

 
 

Sales to UPPCO
 
$
6.0

 
$
5.6

 
$
11.3

 
$
11.0

Natural gas transactions
 
 

 
 

 
 

 
 

Sales to Integrys Energy Services
 
0.1

 
0.1

 
0.2

 
0.4

Purchases from Integrys Energy Services
 
0.2

 
0.2

 
0.4

 
0.4

Interest expense (1)
 
 

 
 

 
 

 
 

Integrys Energy Group
 
0.1

 
0.2

 
0.3

 
0.3

Transactions with equity-method investees
 
 

 
 

 
 

 
 

Charges from ATC for network transmission services
 
24.6

 
23.5

 
49.2

 
47.1

Charges to ATC for services and construction
 
2.3

 
2.4

 
4.1

 
5.1

Net proceeds from WRPC sales of energy to MISO
 

 
1.0

 

 
1.8

Purchases of energy from WRPC
 
1.0

 
1.4

 
2.0

 
2.5

Charges to WRPC for operations
 
0.3

 
0.2

 
0.5

 
0.4

Equity earnings from WPS Investments, LLC (2)
 
2.6

 
2.6

 
5.1

 
5.1


(1) 
WPS Leasing, our consolidated subsidiary, has a note payable to our parent company, Integrys Energy Group.

(2) 
WPS Investments, LLC is a consolidated subsidiary of Integrys Energy Group that is jointly owned by Integrys Energy Group, UPPCO, and us. At June 30, 2013, we had an 11.53% interest in WPS Investments accounted for under the equity method. Our ownership percentage has continued to decrease as additional equity contributions are made by Integrys Energy Group to WPS Investments.