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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 35.0 $ 24.8
Accounts receivable and unbilled revenues, net of reserves of $231.7 and $220.1, respectively 1,182.7 1,202.8
Materials, supplies, and inventories 452.7 528.6
Prepayments 283.7 263.4
Amounts recoverable from customers 213.6 20.0
Other 110.4 43.4
Current assets 2,278.1 2,083.0
Long-term assets    
Property, plant, and equipment, net of accumulated depreciation and amortization of $9,625.3 and $9,364.7, respectively 26,266.4 25,707.4
Regulatory assets (June 30, 2021 includes $106.0 related to WEPCo Environmental Trust) 3,409.9 3,524.1
Equity investment in transmission affiliates 1,782.0 1,764.3
Goodwill 3,052.8 3,052.8
Other 1,005.7 896.5
Long-term assets 35,516.8 34,945.1
Total assets 37,794.9 37,028.1
Current liabilities    
Short-term debt 1,424.5 1,776.9
Current portion of long-term debt (June 30, 2021 includes $4.1 related to WEPCo Environmental Trust) 493.6 785.8
Accounts payable 744.6 880.7
Other 711.2 704.7
Current liabilities 3,373.9 4,148.1
Long-term liabilities    
Long-term debt (June 30, 2021 includes $111.1 related to WEPCo Environmental Trust) 12,695.7 11,728.1
Deferred income taxes 4,269.6 4,059.8
Deferred revenue, net 400.7 412.2
Regulatory liabilities 3,935.5 3,928.1
Environmental remediation liabilities 518.2 532.9
Pension and OPEB obligations 314.2 327.0
Other 1,256.7 1,229.4
Long-term liabilities 23,390.6 22,217.5
Commitments and contingencies (Note 20)
Common shareholders' equity    
Common stock – $0.01 par value; 325,000,000 shares authorized; 315,434,531 shares outstanding 3.2 3.2
Additional paid in capital 4,144.1 4,143.7
Retained earnings 6,688.2 6,329.6
Accumulated other comprehensive loss (4.6) (6.8)
Common shareholders' equity 10,830.9 10,469.7
Preferred stock of subsidiary 30.4 30.4
Noncontrolling interests 169.1 162.4
Total liabilities and equity 37,794.9 37,028.1
Regulatory Assets 3,623.5 3,544.1
Securitization    
Common shareholders' equity    
Regulatory Assets $ 106.0 $ 105.2