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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 28.5 $ 16.3
Accounts receivable and unbilled revenues, net of reserves of $168.5 and $198.3, respectively 1,321.8 1,505.7
Materials, supplies, and inventories 924.6 635.8
Prepaid taxes 124.3 182.1
Other prepayments 32.2 63.4
Derivative assets 191.0 107.0
Other 148.6 146.4
Current assets 2,771.0 2,656.7
Long-term assets    
Property, plant, and equipment, net of accumulated depreciation and amortization of $10,348.8 and $9,889.3, respectively 28,575.3 26,982.4
Regulatory assets (September 30, 2022 and December 31, 2021 include $94.0 and $100.7, respectively, related to WEPCo Environmental Trust) 3,164.2 3,264.8
Equity investment in transmission affiliates 1,875.9 1,789.4
Goodwill 3,052.8 3,052.8
Pension and OPEB assets 965.8 881.3
Other 356.0 361.1
Long-term assets 37,990.0 36,331.8
Total assets 40,761.0 38,988.5
Current liabilities    
Short-term debt 1,259.5 1,897.0
Current portion of long-term debt (September 30, 2022 and December 31, 2021 each include $8.8, respectively, related to WEPCo Environmental Trust) 167.2 169.4
Accounts payable 1,158.0 1,005.7
Customer credit balances 170.9 140.4
Other 614.1 540.5
Current liabilities 3,369.7 3,753.0
Long-term liabilities    
Long-term debt (September 30, 2022 and December 31, 2021 include $98.5 and $102.7, respectively, related to WEPCo Environmental Trust) 14,910.7 13,523.7
Deferred income taxes 4,524.9 4,308.5
Deferred revenue, net 374.2 389.2
Regulatory liabilities 3,947.0 3,946.0
Environmental remediation liabilities 497.7 532.6
Pension and OPEB obligations 217.7 219.0
Other 1,323.0 1,203.2
Long-term liabilities 25,795.2 24,122.2
Commitments and contingencies (Note 22)
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 4,113.5 4,138.1
Retained earnings 7,242.0 6,775.1
Accumulated other comprehensive loss (3.2) (3.2)
Common shareholders' equity 11,355.5 10,913.2
Preferred stock of subsidiary 30.4 30.4
Noncontrolling interests 210.2 169.7
Total liabilities and equity $ 40,761.0 $ 38,988.5