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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Utility Plant [Abstract]    
Electric plant $ 9,729,643 $ 9,200,231
Natural gas plant 4,498,198 4,227,532
Common plant 1,155,567 1,116,524
Less: accumulated provision for depreciation (4,031,458) (3,671,094)
Net utility plant 11,351,950 10,873,193
Other property and investments:    
Goodwill 1,656,513 1,656,513
Other property and investments 324,897 324,184
Total other property and investments 1,981,410 1,980,697
Current assets:    
Cash and cash equivalents 56,946 52,307
Restricted cash 46,204 29,544
Accounts receivable, net of allowance for doubtful accounts 398,895 352,132
Unbilled revenue 271,606 221,871
Materials and supplies, at average cost 113,287 118,333
Fuel and natural gas inventory, at average cost 59,393 48,795
Unrealized gain on derivative instruments 128,210 33,015
Prepaid expenses and other 46,293 45,746
Power contract acquisition adjustment gain 17,274 14,874
Total current assets 1,138,108 916,617
Other long-term and regulatory assets:    
Power cost adjustment mechanism 79,546 82,801
purchase gas adjustment, long-term 57,935 87,655
Regulatory assets related to power contracts 9,689 11,728
Other regulatory assets 815,058 747,651
Unrealized gain on derivative instruments 26,197 8,805
Operating lease right-of-use asset 184,957 172,167
Power contract acquisition adjustment gain 63,660 80,900
Other 163,374 80,751
Total other long-term and regulatory assets 1,400,416 1,272,458
Total assets 15,871,884 15,042,965
Common shareholder’s equity:    
Common stock 0 0
Additional paid-in capital 3,523,532 3,313,532
Retained earnings 1,067,216 912,787
Accumulated other comprehensive income (loss), net of tax (27,432) (86,437)
Total common shareholder’s equity 4,563,316 4,139,882
Long-term debt:    
First mortgage bonds and senior notes 4,662,000 4,212,000
Pollution control bonds 161,860 161,860
Long-term debt 1,583,300 1,724,700
Debt discount, issuance costs and other (203,394) (206,120)
Total long-term debt 6,203,766 5,892,440
Total capitalization 10,767,082 10,032,322
Current liabilities:    
Accounts payable 444,384 342,404
Short-term debt 140,000 373,800
Current maturities of long-term debt 450,000 526,412
Accrued expenses:    
Taxes 127,398 110,752
Salaries and wages 47,936 42,530
Interest 67,807 73,647
Unrealized loss on derivative instruments 63,309 31,441
Power contract acquisition adjustment loss 1,785 2,039
Operating lease liabilities 20,398 19,204
Other 62,406 73,385
Total current liabilities 1,425,423 1,595,614
Other Long-term and regulatory liabilities:    
Deferred income taxes 912,484 810,729
Unrealized loss on derivative instruments 40,965 29,833
Regulatory liabilities 844,184 732,498
Regulatory liability for deferred income taxes 865,976 953,274
Regulatory liabilities related to power contracts 80,934 95,774
Power contract acquisition adjustment loss 7,904 9,689
Operating lease liabilities 172,510 160,980
Finance Lease, Liability, Noncurrent 105,303 320
Other deferred credits 649,119 621,932
Total long-term and regulatory liabilities 3,679,379 3,415,029
Commitments and contingencies (Note 16)
Total capitalization and liabilities $ 15,871,884 $ 15,042,965
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 1,000 1,000
Common stock, shares outstanding (in shares) 200 200
Subsidiaries [Member]    
Utility Plant [Abstract]    
Electric plant $ 11,535,976 $ 11,035,402
Natural gas plant 5,054,622 4,786,419
Common plant 1,177,598 1,139,120
Less: accumulated provision for depreciation (6,416,246) (6,087,748)
Net utility plant 11,351,950 10,873,193
Other property and investments:    
Other property and investments 74,602 83,855
Total other property and investments 74,602 83,855
Current assets:    
Cash and cash equivalents 50,043 51,177
Restricted cash 46,204 29,544
Accounts receivable, net of allowance for doubtful accounts 402,602 355,850
Unbilled revenue 271,606 221,871
Materials and supplies, at average cost 113,287 118,333
Fuel and natural gas inventory, at average cost 58,129 47,531
Unrealized gain on derivative instruments 128,210 33,015
Prepaid expenses and other 46,293 45,746
Total current assets 1,116,374 903,067
Other long-term and regulatory assets:    
Power cost adjustment mechanism 79,546 82,801
purchase gas adjustment, long-term 57,935 87,655
Other regulatory assets 815,058 747,651
Unrealized gain on derivative instruments 26,197 8,805
Operating lease right-of-use asset 184,957 172,167
Other 162,391 79,231
Total other long-term and regulatory assets 1,326,084 1,178,310
Total assets 13,869,010 13,038,425
Common shareholder’s equity:    
Common stock 859 859
Additional paid-in capital 3,485,105 3,485,105
Retained earnings 982,607 876,401
Accumulated other comprehensive income (loss), net of tax (113,141) (180,956)
Total common shareholder’s equity 4,355,430 4,181,409
Long-term debt:    
First mortgage bonds and senior notes 4,662,000 4,212,000
Pollution control bonds 161,860 161,860
Debt discount, issuance costs and other (39,141) (35,816)
Total long-term debt 4,784,719 4,338,044
Total capitalization 9,140,149 8,519,453
Current liabilities:    
Accounts payable 451,716 342,504
Short-term debt 140,000 373,800
Current maturities of long-term debt 0 2,412
Accrued expenses:    
Taxes 133,406 107,254
Salaries and wages 47,936 42,530
Interest 51,832 48,189
Unrealized loss on derivative instruments 63,309 31,441
Operating lease liabilities 20,398 19,204
Other 62,406 73,385
Total current liabilities 971,003 1,040,719
Other Long-term and regulatory liabilities:    
Deferred income taxes 1,084,203 987,382
Unrealized loss on derivative instruments 40,965 29,833
Regulatory liabilities 842,920 731,234
Regulatory liability for deferred income taxes 866,541 953,987
Operating lease liabilities 172,510 160,980
Finance Lease, Liability, Noncurrent 105,303 320
Other deferred credits 645,416 614,517
Total long-term and regulatory liabilities 3,757,858 3,478,253
Commitments and contingencies (Note 16)
Total capitalization and liabilities $ 13,869,010 $ 13,038,425
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 150,000,000 150,000,000
Common stock, shares outstanding (in shares) 85,903,791 85,903,791