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SEGMENT INFORMATION
3 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
SEGMENT INFORMATION
SEGMENT INFORMATION

We use operating income to measure segment profitability and to allocate resources to our businesses. At March 31, 2019, we reported six segments, which are described below.

The Wisconsin segment includes the electric and natural gas utility operations of WE, WG, WPS, and UMERC.

The Illinois segment includes the natural gas utility and non-utility operations of PGL and NSG.

The other states segment includes the natural gas utility and non-utility operations of MERC and MGU.

The electric transmission segment includes our approximate 60% ownership interest in ATC, a for-profit, transmission-only company regulated by the FERC for cost of service and certain state regulatory commissions for routing and siting of transmission projects, and our approximate 75% ownership interest in ATC Holdco, which invests in transmission-related projects outside of ATC's traditional footprint.

The non-utility energy infrastructure segment includes We Power, which owns and leases generating facilities to WE, Bluewater, which owns underground natural gas storage facilities in Michigan that provide approximately one-third of the current storage needs for our Wisconsin natural gas utilities, our 90% membership interest in Bishop Hill III, a wind generating facility located in Henry County, Illinois, our 80% membership interest in Coyote Ridge, a wind generating facility under construction in Brookings County, South Dakota, and our 80% membership interest in Upstream, a wind generating facility located in Antelope County, Nebraska. See Note 2, Acquisitions, for more information on Bishop Hill III, Coyote Ridge, and Upstream.

The corporate and other segment includes the operations of the WEC Energy Group holding company, the Integrys holding company, the Peoples Energy, LLC holding company, Wispark LLC, Wisvest LLC, Wisconsin Energy Capital Corporation, WEC Business Services LLC, and WPS Power Development, LLC.

All of our operations are located within the United States. The following tables show summarized financial information related to our reportable segments for the three months ended March 31, 2019 and 2018:
 
 
Utility Operations
 
 
 
 
 
 
 
 
 
 
(in millions)
 
Wisconsin
 
Illinois
 
Other States
 
Total Utility
Operations
 
Electric Transmission
 
Non-Utility Energy Infrastructure
 
Corporate
and Other
 
Reconciling
Eliminations
 
WEC Energy Group Consolidated
Three Months Ended
 
 

 
 

 
 
 
 

 
 
 
 
 
 

 
 

 
 

March 31, 2019
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
External revenues
 
$
1,633.4

 
$
536.5

 
$
185.2

 
$
2,355.1

 
$

 
$
20.6

 
$
1.7

 
$

 
$
2,377.4

Intersegment revenues
 

 

 

 

 

 
107.2

 

 
(107.2
)
 

Other operation and maintenance
 
392.7

 
128.2

 
27.6

 
548.5

 

 
3.8

 
(1.0
)
 
(0.7
)
 
550.6

Depreciation and amortization
 
151.0

 
44.5

 
6.5

 
202.0

 

 
22.6

 
6.4

 
(4.6
)
 
226.4

Operating income (loss)
 
361.8

 
137.9

 
41.5

 
541.2

 

 
92.7

 
(3.9
)
 
(87.2
)
 
542.8

Equity in earnings of transmission affiliates
 

 

 

 

 
36.1

 

 

 

 
36.1

Interest expense
 
143.4

 
14.8

 
2.3

 
160.5

 
2.6

 
15.7

 
35.1

 
(89.5
)
 
124.4


 
 
Utility Operations
 
 
 
 
 
 
 
 
 
 
(in millions)
 
Wisconsin
 
Illinois
 
Other States
 
Total Utility
Operations
 
Electric Transmission
 
Non-Utility Energy Infrastructure
 
Corporate
and Other
 
Reconciling
Eliminations
 
WEC Energy Group Consolidated
Three Months Ended
 
 

 
 

 
 
 
 

 
 
 
 
 
 

 
 

 
 

March 31, 2018
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
External revenues
 
$
1,589.1

 
$
507.3

 
$
169.9

 
$
2,266.3

 
$

 
$
18.8

 
$
1.4

 
$

 
$
2,286.5

Intersegment revenues
 

 

 

 

 

 
99.3

 

 
(99.3
)
 

Other operation and maintenance
 
468.5

 
112.2

 
26.6

 
607.3

 

 
1.7

 
(0.3
)
 
(96.8
)
 
511.9

Depreciation and amortization
 
135.1

 
40.9

 
6.6

 
182.6

 

 
18.3

 
7.7

 

 
208.6

Operating income (loss)
 
273.7

 
147.6

 
36.2

 
457.5

 

 
93.0

 
(5.4
)
 

 
545.1

Equity in earnings of transmission affiliates
 

 

 

 

 
32.8

 

 

 

 
32.8

Interest expense
 
49.4

 
12.3

 
2.1

 
63.8

 

 
16.1

 
28.0

 
(1.2
)
 
106.7