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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Operating revenues        
Electric, non-affiliates $ 194.9 $ 184.3 $ 523.6 $ 519.6
Electric, affiliates 41.0 44.7 123.5 132.3
Natural gas 14.5 14.6 78.7 96.6
Other 0.1 0.1 0.3 0.3
Total operating revenues 250.5 243.7 726.1 748.8
Operating expenses        
Electric fuel and purchased power, non-affiliates 3.4 3.2 9.8 8.2
Purchased power, affiliates 99.5 94.9 285.0 298.3
Cost of natural sold and transported 5.5 5.4 33.5 45.9
Operating and maintenance expenses 47.0 47.5 140.5 150.8
Conservation program expenses 3.2 3.3 9.5 9.3
Depreciation and amortization 39.0 34.4 116.4 102.9
Taxes (other than income taxes) 6.9 7.3 21.0 22.0
Total operating expenses 204.5 196.0 615.7 637.4
Operating income 46.0 47.7 110.4 111.4
Other expense, net (1.8) (0.3) (6.3) (0.9)
Allowance for funds used during construction — equity 1.6 0.7 4.1 2.2
Interest charges and financing costs        
Interest charges — includes other financing costs of $0.3, $0.3, $1.0 and $1.0, respectively 10.5 9.7 30.2 29.5
Other financing costs 0.3 0.3 1.0 1.0
Allowance for funds used during construction — debt (0.7) (0.3) (1.7) (0.9)
Total interest charges and financing costs 9.8 9.4 28.5 28.6
Income before income taxes 36.0 38.7 79.7 84.1
Income tax (benefit) expense (3.5) 9.3 (5.5) 22.2
Net income $ 39.5 $ 29.4 $ 85.2 $ 61.9