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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 24.2 $ 41.0
Accounts Receivable, after Allowance for Credit Loss, Current 99.8 92.5
Inventories 52.0 44.5
Taxes applicable to subsequent years 83.4 113.0
Regulatory assets, current 63.9 56.6
Income Taxes Receivable, Current 13.0 8.9
Prepayments and other current assets 7.4 6.6
Total current assets 343.7 363.1
Property, plant & equipment:    
Property, plant & equipment 2,562.4 2,521.9
Less: Accumulated depreciation and amortization (548.7) (535.1)
Property, plant and equipment, net of depreciation 2,013.7 1,986.8
Construction work in process 298.7 234.2
Total net property, plant & equipment 2,312.4 2,221.0
Other non-current assets:    
Regulatory assets, non-current 146.0 155.7
Intangible assets, net of amortization 130.9 114.0
Other non-current assets 54.7 52.4
Total other non-current assets 331.6 322.1
Total assets 2,987.7 2,906.2
Current liabilities:    
Current portion of long-term debt 170.2 15.2
Accounts payable 124.3 163.9
Accrued taxes 109.9 101.6
Accrued interest 25.8 16.9
Contract with Customer, Liability, Current 20.4 12.7
Regulatory liabilities, current 16.8 18.0
Other current liabilities 21.8 22.6
Total current liabilities 489.2 350.9
Non-current liabilities:    
Long-term debt 1,838.0 1,837.4
Deferred Tax Liabilities, Net 233.3 227.3
Taxes payable 56.0 113.4
Regulatory liabilities, non-current 180.6 182.1
Pension, retiree and other benefits 30.7 37.7
Other deferred credits 8.6 8.5
Total non-current liabilities 2,347.2 2,406.4
Commitments and contingencies
Common shareholder's equity:    
Common stock 0.0 0.0
Other paid-in capital 2,840.4 2,840.4
Accumulated other comprehensive income (4.8) (4.6)
Retained Earnings (Accumulated Deficit) (2,684.3) (2,686.9)
Total common shareholder's equity 151.3 148.9
Total liabilities and shareholder's equity $ 2,987.7 $ 2,906.2
Common Stock, Shares Authorized 1,500 1,500
Common stock, shares issued 1 1
Subsidiaries [Member]    
CURRENT ASSETS:    
Cash and cash equivalents $ 7.6 $ 15.5
Accounts Receivable, after Allowance for Credit Loss, Current 100.7 93.1
Inventories 51.4 44.5
Taxes applicable to subsequent years 83.4 112.9
Regulatory assets, current 63.9 56.6
Income Taxes Receivable, Current 24.4 24.4
Prepayments and other current assets 7.5 8.1
Total current assets 338.9 355.1
Property, plant & equipment:    
Property, plant & equipment 3,099.7 3,063.2
Less: Accumulated depreciation and amortization (1,107.8) (1,098.1)
Property, plant and equipment, net of depreciation 1,991.9 1,965.1
Construction work in process 295.4 230.8
Total net property, plant & equipment 2,287.3 2,195.9
Other non-current assets:    
Regulatory assets, non-current 146.0 155.7
Intangible assets, net of amortization 128.7 111.4
Other non-current assets 55.0 52.9
Total other non-current assets 329.7 320.0
Total assets 2,955.9 2,871.0
Current liabilities:    
Current portion of long-term debt 170.2 15.2
Accounts payable 123.3 163.8
Accrued taxes 109.8 101.4
Accrued interest 13.4 4.2
Contract with Customer, Liability, Current 20.4 12.7
Regulatory liabilities, current 16.8 18.0
Other current liabilities 19.4 20.2
Total current liabilities 473.3 335.5
Non-current liabilities:    
Long-term debt 1,012.4 1,012.3
Deferred Tax Liabilities, Net 209.0 206.1
Taxes payable 56.0 113.4
Regulatory liabilities, non-current 180.6 182.1
Pension, retiree and other benefits 30.7 37.7
Other deferred credits 4.8 4.7
Total non-current liabilities 1,493.5 1,556.3
Commitments and contingencies
Par value common shares (in USD per share) $ 0.01 $ 0.01
Common shareholder's equity:    
Common stock $ 0.4 $ 0.4
Other paid-in capital 977.5 977.4
Accumulated other comprehensive income (27.5) (27.9)
Retained Earnings (Accumulated Deficit) 38.7 29.3
Total common shareholder's equity 989.1 979.2
Total liabilities and shareholder's equity $ 2,955.9 $ 2,871.0
Common Stock, Shares, Outstanding 41,172,173 41,172,173
Common Stock, Shares Authorized 50,000,000 50,000,000