Investment in ATC

6 Months Ended

Jun. 30, 2015

Equity Method Investments and Joint Ventures [Abstract]

As a result of the acquisition, our ownership of ATC increased from 26.2% to approximately 60% as of June 30, 2015. ATC is a for-profit, transmission-only company regulated by FERC. The following table shows changes to our investment in ATC:



	Three Months Ended June 30				Six Months Ended June 30
	2015		2014		2015		2014
	(Millions of Dollars)				(Millions of Dollars)
Balance at beginning of period:	$	431.1	$	409.6	$	424.1	$	402.7
Add: Earnings from equity method investment	14.3		17.5		30.4		34.8
Add: Capital contributions	1.2		3.9		2.5		7.8
Add: Acquisition of Integrys equity in ATC	552.0		—		552.0		—
Less: Distributions received	10.8		14.2		21.2		28.5
Balance at end of period:	$	987.8	$	416.8	$	987.8	$	416.8

Summarized financial data for ATC is included in the following tables:



	Three Months Ended June 30				Six Months Ended June 30
	2015		2014		2015		2014
	(Millions of Dollars)
Income Statement Data
Revenues	$	165.2	$	160.0	$	317.5	$	323.3
Operating expenses	80.3		74.4		160.3		153.0
Other expense	24.3		21.9		48.6		43.5
Net Income	$	60.6	$	63.7	$	108.6	$	126.8



	June 30, 2015		December 31, 2014
	(Millions of Dollars)
Balance Sheet Data
Current assets	$	78.1	$	66.4
Noncurrent assets	3,835.2		3,728.7
Total assets	$	3,913.3	$	3,795.1

Current liabilities	$	255.7	$	313.1
Long-term debt	1,800.0		1,701.0
Other noncurrent liabilities	197.7		163.8
Shareholders' equity	1,659.9		1,617.2
Total liabilities and shareholders' equity	$	3,913.3	$	3,795.1