Consolidated Condensed Balance Sheets (Unaudited) (USD $) In Millions, unless otherwise specified	Mar. 31, 2012		Dec. 31, 2011
Property, Plant and Equipment
In service	$ 13,485.5		$ 12,977.7
Accumulated depreciation	(3,855.5)		(3,797.8)
Property, Plant and Equipment in Service, Net	9,630.0		9,179.9
Construction work in progress	547.3		921.3
Leased facilities, net	57.7		59.2
Net Property, Plant and Equipment	10,235.0		10,160.4
Investments
Equity investment in transmission affiliate	355.0		349.7
Other	38.4		43.6
Total Investments	393.4		393.3
Current Assets
Cash and cash equivalents	18.1		14.1
Restricted cash	24.7		45.5
Accounts receivable, net	386.9		349.4
Accrued revenues	190.3		252.7
Materials, supplies and inventories	311.6		382.0
Prepayments and other	348.2		382.5
Total Current Assets	1,279.8		1,426.2
Deferred Charges and Other Assets
Regulatory assets	1,286.3		1,238.7
Goodwill	441.9		441.9
Other	184.9		201.6
Total Deferred Charges and Other Assets	1,913.1		1,882.2
Total Assets	13,821.3	[1]	13,862.1
Capitalization
Common equity	4,051.5		3,963.3
Preferred stock of subsidiary	30.4		30.4
Long-term debt	4,602.8		4,614.3
Total Capitalization	8,684.7		8,608.0
Current Liabilities
Long-term debt due currently	33.8		32.6
Short-term debt	557.3		669.9
Accounts payable	239.3		325.7
Accrued payroll and vacation	78.9		105.9
Other	262.6		230.4
Total Current Liabilities	1,171.9		1,364.5
Deferred Credits and Other Liabilities
Regulatory liabilities	911.6		902.0
Deferred income taxes - long term	1,791.2		1,696.1
Deferred revenue, net	740.9		754.5
Pension and other benefit obligations	221.0		222.7
Other	300.0		314.3
Total Deferred Credits and Other Liabilities	3,964.7		3,889.6
Total Capitalization and Liabilities	$ 13,821.3		$ 13,862.1

[1] An elimination of $2,355.9 million and $2,437.8 million is included in Total Assets as of March 31, 2012 and 2011, respectively, for all PTF-related activity between We Power and Wisconsin Electric.