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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Property, Plant and Equipment    
In service $ 14,966.3 $ 14,238.8
Accumulated depreciation (4,257.1) (4,036.0)
In service, net 10,709.2 10,202.8
Construction work in progress 149.6 315.9
Leased facilities, net 47.8 53.5
Net Property, Plant and Equipment 10,906.6 10,572.2
Investments    
Equity investment in transmission affiliate 402.7 378.3
Other 36.1 35.5
Total Investments 438.8 413.8
Current Assets    
Cash and cash equivalents 26.0 35.6
Accounts receivable, net of allowance for doubtful accounts of $61.0 and $58.0 406.0 285.3
Accrued revenues 321.1 278.1
Materials, supplies and inventories 329.4 360.7
Deferred Tax Assets, Net, Current 310.0 105.3
Prepayments 145.7 145.5
Other 12.9 62.1
Total Current Assets 1,551.1 1,272.6
Deferred Charges and Other Assets    
Regulatory assets 1,108.5 1,380.3
Goodwill 441.9 441.9
Other 322.5 204.2
Total Deferred Charges and Other Assets 1,872.9 2,026.4
Total Assets 14,769.4 [1] 14,285.0 [1]
Capitalization    
Common equity 4,233.0 4,135.1
Preferred Stock 30.4 30.4
Long-term debt 4,363.2 4,453.8
Total Capitalization 8,626.6 8,619.3
Current Liabilities    
Long-term debt due currently 342.2 412.1
Short-term debt 537.4 394.6
Accounts payable 342.6 368.4
Accrued payroll and benefits 96.9 100.9
Other 177.3 165.4
Total Current Liabilities 1,496.4 1,441.4
Deferred Credits and Other Liabilities    
Regulatory liabilities 879.1 868.4
Deferred income taxes - long-term 2,634.0 2,117.0
Deferred revenue, net 664.2 709.7
Pension and other benefit obligations 173.2 244.0
Other long-term liabilities 295.9 285.2
Total Deferred Credits and Other Liabilities 4,646.4 4,224.3
Commitments and Contingencies (Note Q)      
Total Capitalization and Liabilities $ 14,769.4 $ 14,285.0
[1] An elimination of $2,231.2 million, $2,286.7 million and $2,369.0 million is included in Total Assets as of December 31, 2013, 2012 and 2011, respectively, for all PTF-related activity between We Power and Wisconsin Electric.