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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 1.3 $ 2.2
Accounts receivable, net 59.2 75.1
Accrued unbilled revenues 53.1 56.2
Other receivables 0.3 6.8
Inventories 16.0 17.1
Regulatory assets 71.9 22.6
Prepaid taxes 23.0 30.2
Prepayments 4.3 3.3
Total current assets 229.1 213.5
Property, Plant and Equipment, Net 2,359.4 2,241.6
Other assets    
Regulatory assets 224.4 285.5
Other investments 2.9 2.7
Other 0.2 0.2
Total other assets 227.5 288.4
Total assets 2,816.0 2,743.5
Current liabilities    
Short-term debt 65.0 51.0
Notes payable to affiliates 0.0 0.6
Accounts payable 53.6 56.8
Accounts payable to affiliates 19.0 20.0
Dividends payable to parent 14.7 17.4
Regulatory liabilities 78.9 20.9
Accrued taxes 6.8 3.0
Environmental liabilities 5.7 10.9
Accrued interest 9.3 8.8
Other 20.7 14.8
Total current liabilities 273.7 204.2
Deferred credits and other liabilities    
Deferred income taxes 298.1 280.7
Deferred investment tax credits 6.5 7.0
Regulatory liabilities 370.8 400.1
Environmental liabilities 17.8 18.0
Customer advances 18.5 16.8
Pension and employee benefit obligations 33.4 44.5
Other 22.6 22.3
Total deferred credits and other liabilities 767.7 789.4
Commitments and contingencies
Capitalization    
Long-term debt 808.0 807.5
Common stock — 1,000,000 shares authorized of $100 par value; 933,000 shares outstanding at Dec. 31, 2019 and 2018, respectively 93.3 93.3
Additional paid in capital 537.3 510.1
Retained earnings 336.0 339.0
Accumulated other comprehensive loss 0.0 0.0
Total common stockholder’s equity 966.6 942.4
Total liabilities and equity $ 2,816.0 $ 2,743.5