Risk Management Activities (Tables)

6 Months Ended

Jun. 30, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

Risk management assets and liabilities on our derivatives are presented on the Condensed Consolidated Balance Sheets (unaudited) as shown below:

	June 30, 2022				December 31, 2021
(in millions)	Assets		Liabilities		Assets		Liabilities
Current(1)
Derivatives designated as hedging instruments	$	—	$	9.5	$	—	$	136.4
Derivatives not designated as hedging instruments	33.7		0.5		10.6		0.4
Total	$	33.7	$	10.0	$	10.6	$	136.8
Noncurrent(2)
Derivatives designated as hedging instruments	$	—	$	—	$	—	$	—
Derivatives not designated as hedging instruments	71.9		1.5		13.8		7.4
Total	$	71.9	$	1.5	$	13.8	$	7.4

(1)Current assets and liabilities are presented in "Prepayments and other" and "Other accruals", respectively, on the Condensed Consolidated Balance Sheets (unaudited).

(2)Noncurrent assets and liabilities are presented in "Deferred charges and other" and "Other noncurrent liabilities", respectively, on the Condensed Consolidated Balance Sheets (unaudited).

Derivative Instruments, Gain (Loss)

The following table summarizes the gains and losses associated with the commodity price risk programs:

(in millions)	June 30, 2022		December 31, 2021
Regulatory Assets
Losses on commodity price risk programs	$	6.8	$	9.6
Regulatory Liabilities
Gains on commodity price risk programs	127.7		34.2

Reclassification out of Accumulated Other Comprehensive Income

Cash flow hedges included in "Accumulated other comprehensive loss" on the Condensed Consolidated Balance Sheets (unaudited) were:

(in millions)	AOCI(1)		Amounts Expected to be Reclassified to Earnings During the Next 12 Months(1)	Maximum Term
Interest Rate	$	(19.5)	(0.2)	365 months

(1) All amounts are net of tax.