XML 51 R40.htm IDEA: XBRL DOCUMENT v3.5.0.2
Segment Information (Tables)
9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Financial information of reportable segments
The following tables show summarized financial information related to our reportable segments for the three and nine months ended September 30, 2016 and 2015:
 
 
Regulated Operations
 
 
 
 
 
 
 
 
(in millions)
 
Wisconsin
 
Illinois
 
Other States
 
Electric Transmission
 
Total Regulated
Operations
 
We Power
 
Corporate
and Other
 
Reconciling
Eliminations
 
WEC Energy Group Consolidated
Three Months Ended
 
 

 
 

 
 
 
 

 
 

 
 
 
 

 
 

 
 

September 30, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
External revenues
 
$
1,470.6

 
$
181.8

 
$
49.9

 
$

 
$
1,702.3

 
$
6.2

 
$
4.0

 
$

 
$
1,712.5

Intersegment revenues
 

 

 

 

 

 
105.0

 

 
(105.0
)
 

Other operation and maintenance
 
498.2

 
105.9

 
21.2

 

 
625.3

 
0.4

 
(3.2
)
 
(105.0
)
 
517.5

Depreciation and amortization
 
124.5

 
33.5

 
5.2

 

 
163.2

 
17.1

 
11.3

 

 
191.6

Operating income (loss)
 
299.1

 
11.7

 
(1.0
)
 

 
309.8

 
93.7

 
(4.5
)
 

 
399.0

Equity in earnings of transmission affiliate
 

 

 

 
38.3

 
38.3

 

 

 

 
38.3

Interest expense
 
44.6

 
9.3

 
1.9

 

 
55.8

 
15.6

 
29.7

 
(2.0
)
 
99.1


 
 
Regulated Operations
 
 
 
 
 
 
 
 
(in millions)
 
Wisconsin
 
Illinois
 
Other States
 
Electric Transmission
 
Total Regulated
Operations
 
We Power
 
Corporate
and Other
 
Reconciling
Eliminations
 
WEC Energy Group Consolidated
Three Months Ended
 
 

 
 

 
 
 
 

 
 

 
 
 
 

 
 

 
 

September 30, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
External revenues
 
$
1,439.7

 
$
171.8

 
$
49.6

 
$

 
$
1,661.1

 
$
9.7

 
$
27.9

 
$

 
$
1,698.7

Intersegment revenues
 
2.6

 

 

 

 
2.6

 
101.0

 

 
(103.6
)
 

Other operation and maintenance
 
501.9

 
101.0

 
23.1

 

 
626.0

 
0.6

 
12.9

 
(103.6
)
 
535.9

Depreciation and amortization
 
117.5

 
31.2

 
4.9

 

 
153.6

 
16.9

 
6.1

 
(0.1
)
 
176.5

Operating income (loss)
 
256.6

 
3.5

 
(3.7
)
 

 
256.4

 
93.2

 
(3.9
)
 

 
345.7

Equity in earnings of transmission affiliate
 

 

 

 
40.0

 
40.0

 

 

 

 
40.0

Interest expense
 
45.9

 
9.7

 
2.6

 

 
58.2

 
15.8

 
31.3

 
(2.1
)
 
103.2


 
 
Regulated Operations
 
 
 
 
 
 
 
 
(in millions)
 
Wisconsin
 
Illinois
 
Other States
 
Electric Transmission
 
Total Regulated
Operations
 
We Power
 
Corporate
and Other
 
Reconciling
Eliminations
 
WEC Energy Group Consolidated
Nine Months Ended
 
 

 
 

 
 
 
 

 
 

 
 
 
 

 
 

 
 

September 30, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
External revenues
 
$
4,354.9

 
$
853.1

 
$
262.3

 
$

 
$
5,470.3

 
$
18.7

 
$
20.3

 
$

 
$
5,509.3

Intersegment revenues
 
0.3

 

 

 

 
0.3

 
317.1

 

 
(317.4
)
 

Other operation and maintenance
 
1,477.3

 
340.0

 
80.6

 

 
1,897.9

 
3.5

 
(13.0
)
 
(317.4
)
 
1,571.0

Depreciation and amortization
 
370.1

 
99.4

 
15.5

 

 
485.0

 
51.1

 
33.4

 

 
569.5

Operating income (loss)
 
841.3

 
171.3

 
33.1

 

 
1,045.7

 
281.1

 
(6.4
)
 

 
1,320.4

Equity in earnings of transmission affiliate
 

 

 

 
107.7

 
107.7

 

 

 

 
107.7

Interest expense
 
133.5

 
28.8

 
6.5

 


168.8

 
46.8

 
91.2

 
(6.7
)
 
300.1


 
 
Regulated Operations
 
 
 
 
 
 
 
 
(in millions)
 
Wisconsin
 
Illinois
 
Other States
 
Electric Transmission
 
Total Regulated
Operations
 
We Power
 
Corporate
and Other
 
Reconciling
Eliminations
 
WEC Energy Group Consolidated
Nine Months Ended
 
 

 
 

 
 
 
 

 
 

 
 
 
 

 
 

 
 

September 30, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
External revenues
 
$
3,794.7

 
$
171.8

 
$
49.6

 
$

 
$
4,016.1

 
$
30.4

 
$
31.3

 
$

 
$
4,077.8

Intersegment revenues
 
4.4

 

 

 

 
4.4

 
302.7

 

 
(307.1
)
 

Other operation and maintenance
 
1,239.3

 
101.0

 
23.1

 

 
1,363.4

 
3.7

 
93.1

 
(306.6
)
 
1,153.6

Depreciation and amortization
 
289.2

 
31.2

 
4.9

 

 
325.3

 
50.6

 
6.8

 
(0.1
)
 
382.6

Operating income (loss)
 
673.5

 
3.5

 
(3.7
)
 

 
673.3

 
278.9

 
(81.9
)
 

 
870.3

Equity in earnings of transmission affiliate
 

 

 

 
70.4

 
70.4

 

 

 

 
70.4

Interest expense
 
109.4

 
9.7

 
2.6

 

 
121.7

 
47.6

 
57.5

 
(2.4
)
 
224.4