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SEGMENT INFORMATION (Tables)
9 Months Ended
Sep. 30, 2019
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, 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
 
 

 
 

 
 
 
 

 
 
 
 
 
 

 
 

 
 

September 30, 2019
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
External revenues
 
$
1,339.3

 
$
198.0

 
$
48.9

 
$
1,586.2

 
$

 
$
20.5

 
$
1.3

 
$

 
$
1,608.0

Intersegment revenues
 

 

 

 

 

 
98.9

 

 
(98.9
)
 

Other operation and maintenance
 
400.2

 
101.8

 
22.0

 
524.0

 

 
3.9

 
1.3

 

 
529.2

Depreciation and amortization
 
155.6

 
45.7

 
6.8

 
208.1

 

 
23.3

 
6.0

 
(3.6
)
 
233.8

Operating income (loss)
 
290.8

 
24.8

 
(2.2
)
 
313.4

 

 
90.3

 
(6.0
)
 
(86.8
)
 
310.9

Equity in earnings of transmission affiliates
 

 

 

 

 
38.7

 

 

 

 
38.7

Interest expense
 
142.9

 
14.7

 
2.3

 
159.9

 
3.0

 
15.5

 
35.9

 
(88.5
)
 
125.8


 
 
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
 
 

 
 

 
 
 
 

 
 
 
 
 
 

 
 

 
 

September 30, 2018
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
External revenues
 
$
1,388.7

 
$
197.9

 
$
50.2

 
$
1,636.8

 
$

 
$
4.5

 
$
2.4

 
$

 
$
1,643.7

Intersegment revenues
 

 

 

 

 

 
110.7

 

 
(110.7
)
 

Other operation and maintenance
 
525.0

 
104.5

 
23.0

 
652.5

 

 
3.0

 
(4.4
)
 
(98.0
)
 
553.1

Depreciation and amortization
 
137.2

 
43.0

 
6.4

 
186.6

 

 
19.1

 
7.1

 

 
212.8

Operating income (loss)
 
201.4

 
15.5

 
(5.4
)
 
211.5

 

 
91.6

 
(0.4
)
 

 
302.7

Equity in earnings of transmission affiliates
 

 

 

 

 
33.7

 

 

 

 
33.7

Interest expense
 
49.6

 
12.8

 
2.1

 
64.5

 

 
15.9

 
32.9

 
(1.3
)
 
112.0



 
 
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
Nine Months Ended
 
 

 
 

 
 
 
 

 
 
 
 
 
 

 
 

 
 

September 30, 2019
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
External revenues
 
$
4,226.0

 
$
977.4

 
$
302.9

 
$
5,506.3

 
$

 
$
65.4

 
$
3.9

 
$

 
$
5,575.6

Intersegment revenues
 

 

 

 

 

 
305.1

 

 
(305.1
)
 

Other operation and maintenance
 
1,156.8

 
337.0

 
73.0

 
1,566.8

 

 
14.5

 
2.1

 

 
1,583.4

Depreciation and amortization
 
459.5

 
135.2

 
20.0

 
614.7

 

 
68.8

 
18.4

 
(11.8
)
 
690.1

Operating income (loss)
 
922.8

 
205.3

 
43.9

 
1,172.0

 

 
274.3

 
(17.0
)
 
(261.0
)
 
1,168.3

Equity in earnings of transmission affiliates
 

 

 

 

 
111.7

 

 

 

 
111.7

Interest expense
 
429.0

 
43.4

 
6.5

 
478.9

 
8.3

 
46.7

 
107.5

 
(267.1
)
 
374.3


 
 
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
Nine Months Ended
 
 

 
 

 
 
 
 

 
 
 
 
 
 

 
 

 
 

September 30, 2018
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
External revenues
 
$
4,303.3

 
$
973.2

 
$
292.5

 
$
5,569.0

 
$

 
$
26.8

 
$
6.9

 
$

 
$
5,602.7

Intersegment revenues
 

 

 

 

 

 
323.5

 

 
(323.5
)
 

Other operation and maintenance
 
1,495.9

 
320.8

 
74.5

 
1,891.2

 

 
9.2

 
(2.5
)
 
(295.2
)
 
1,602.7

Depreciation and amortization
 
406.9

 
125.7

 
17.5

 
550.1

 

 
55.7

 
22.3

 

 
628.1

Operating income (loss)
 
670.2

 
204.8

 
38.9

 
913.9

 

 
277.0

 
(12.3
)
 

 
1,178.6

Equity in earnings of transmission affiliates
 

 

 

 

 
95.2

 

 

 

 
95.2

Interest expense
 
147.5

 
37.4

 
6.3

 
191.2

 

 
48.0

 
91.2

 
(3.2
)
 
327.2