Property, Plant, and Equipment (Tables)

12 Months Ended

Dec. 31, 2022

Property, plant, and equipment consisted of the following at December 31:


(in millions)	2022		2021
Electric – generation	$	5,480.5	$	6,981.4
Electric – distribution	8,233.3		7,854.7
Natural gas – distribution, storage, and transmission	14,203.3		13,526.6
Property, plant, and equipment to be retired, net	1,085.6		277.0
Other	2,302.7		2,212.6
Less: Accumulated depreciation	8,416.2		8,894.9
Net	22,889.2		21,957.4
CWIP	972.1		406.0
Net utility and non-utility property, plant, and equipment	23,861.3		22,363.4

We Power generation	3,237.1		3,240.5
Renewable generation	2,537.1		1,837.5
Natural gas storage	292.2		289.9
Net non-utility energy infrastructure	6,066.4		5,367.9
Corporate services	163.0		188.7
Other	23.8		27.0
Less: Accumulated depreciation	1,082.3		994.4
Net	5,170.9		4,589.2
CWIP	81.6		29.8
Net other property, plant, and equipment	5,252.5		4,619.0

Total property, plant, and equipment	$	29,113.8	$	26,982.4

Activity related to these severance liabilities for the years ended December 31 was as follows:


(in millions)	2022		2021		2020
Severance liability at January 1	$	4.9	$	0.7	$	2.1
Severance expense	11.3		4.6		—
Severance payments	—		(0.4)		(0.1)
Other	—		—		(1.3)
Total severance liability at December 31	$	16.2	$	4.9	$	0.7