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SEGMENT INFORMATION (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
USD ($)
Mar. 31, 2023
USD ($)
Jun. 30, 2022
USD ($)
Mar. 31, 2022
USD ($)
Jun. 30, 2023
USD ($)
segment
Jun. 30, 2022
USD ($)
Segment information            
Number of reportable segments | segment         6  
Operating revenues $ 1,830.0   $ 2,127.9   $ 4,718.1 $ 5,036.0
Other operation and maintenance 496.0   449.0   1,030.0 903.4
Depreciation and amortization 313.9   279.6   619.4 557.7
Equity in earnings of transmission affiliates 43.6   43.0   87.4 84.7
Interest expense 178.7   119.8   350.9 237.4
Income tax expense (benefit) 48.5   63.4   122.6 190.5
Net income (loss) 290.0   287.8   797.6 855.8
Net income (loss) attributed to common shareholders 289.7 $ 507.5 287.5 $ 565.9 797.2 853.4
External revenues            
Segment information            
Operating revenues 1,830.0   2,127.9   4,718.1 5,036.0
Intersegment revenues            
Segment information            
Operating revenues 0.0   0.0   0.0 0.0
Utility operations            
Segment information            
Other operation and maintenance 478.9   439.9   998.1 890.7
Depreciation and amortization 279.4   255.3   555.6 509.2
Equity in earnings of transmission affiliates 0.0   0.0   0.0 0.0
Interest expense 175.6   156.8   352.0 314.1
Income tax expense (benefit) 65.8   71.4   184.9 219.3
Net income (loss) 219.7   207.8   623.5 641.1
Net income (loss) attributed to common shareholders 219.4   207.5   622.9 640.5
Utility operations | External revenues            
Segment information            
Operating revenues 1,779.9   2,099.7   4,625.9 4,965.0
Utility operations | Intersegment revenues            
Segment information            
Operating revenues 0.0   0.0   0.0 0.0
Reconciling eliminations            
Segment information            
Other operation and maintenance (3.9)   (3.9)   (5.5) (5.5)
Depreciation and amortization (19.1)   (16.8)   (37.6) (33.1)
Equity in earnings of transmission affiliates 0.0   0.0   0.0 0.0
Interest expense (88.8)   (83.8)   (173.3) (168.2)
Income tax expense (benefit) 0.0   0.0   0.0 0.0
Net income (loss) 0.0   0.0   0.0 0.0
Net income (loss) attributed to common shareholders 0.0   0.0   0.0 0.0
Reconciling eliminations | External revenues            
Segment information            
Operating revenues 0.0   0.0   0.0 0.0
Reconciling eliminations | Intersegment revenues            
Segment information            
Operating revenues $ (119.0)   (115.5)   $ (243.1) (232.4)
ATC            
Segment information            
Ownership interest (as a percent) 60.00%       60.00%  
Equity in earnings of transmission affiliates $ 43.1   42.6   $ 86.0 83.6
ATC Holdco            
Segment information            
Ownership interest (as a percent) 75.00%       75.00%  
Equity in earnings of transmission affiliates $ 0.5   0.4   $ 1.4 1.1
Wisconsin            
Segment information            
Operating revenues 1,424.5   1,557.4   3,420.8 3,499.7
Wisconsin | Utility operations            
Segment information            
Other operation and maintenance 351.8   337.9   732.6 650.5
Depreciation and amortization 210.3   187.7   417.6 374.8
Equity in earnings of transmission affiliates 0.0   0.0   0.0 0.0
Interest expense 150.1   135.6   300.7 271.9
Income tax expense (benefit) 53.6   49.3   119.5 144.7
Net income (loss) 185.9   148.7   443.4 437.1
Net income (loss) attributed to common shareholders 185.6   148.4   442.8 436.5
Wisconsin | Utility operations | External revenues            
Segment information            
Operating revenues 1,424.5   1,557.4   3,420.8 3,499.7
Wisconsin | Utility operations | Intersegment revenues            
Segment information            
Operating revenues 0.0   0.0   0.0 0.0
Illinois            
Segment information            
Operating revenues 273.5   442.4   873.2 1,124.5
Illinois | Utility operations            
Segment information            
Other operation and maintenance 105.3   79.1   219.0 192.7
Depreciation and amortization 58.5   57.4   117.0 114.2
Equity in earnings of transmission affiliates 0.0   0.0   0.0 0.0
Interest expense 21.4   18.0   43.0 35.7
Income tax expense (benefit) 10.9   21.2   52.9 63.3
Net income (loss) 30.1   56.4   143.2 169.8
Net income (loss) attributed to common shareholders 30.1   56.4   143.2 169.8
Illinois | Utility operations | External revenues            
Segment information            
Operating revenues 273.5   442.4   873.2 1,124.5
Illinois | Utility operations | Intersegment revenues            
Segment information            
Operating revenues 0.0   0.0   0.0 0.0
Other States            
Segment information            
Operating revenues 81.9   99.9   331.9 340.8
Other States | Utility operations            
Segment information            
Other operation and maintenance 21.8   22.9   46.5 47.5
Depreciation and amortization 10.6   10.2   21.0 20.2
Equity in earnings of transmission affiliates 0.0   0.0   0.0 0.0
Interest expense 4.1   3.2   8.3 6.5
Income tax expense (benefit) 1.3   0.9   12.5 11.3
Net income (loss) 3.7   2.7   36.9 34.2
Net income (loss) attributed to common shareholders 3.7   2.7   36.9 34.2
Other States | Utility operations | External revenues            
Segment information            
Operating revenues 81.9   99.9   331.9 340.8
Other States | Utility operations | Intersegment revenues            
Segment information            
Operating revenues 0.0   0.0   0.0 0.0
Electric Transmission            
Segment information            
Other operation and maintenance 0.0   0.0   0.0 0.0
Depreciation and amortization 0.0   0.0   0.0 0.0
Equity in earnings of transmission affiliates 43.6   43.0   87.4 84.7
Interest expense 4.8   4.8   9.6 9.7
Income tax expense (benefit) 9.7   9.3   19.4 18.2
Net income (loss) 29.1   29.0   58.4 56.8
Net income (loss) attributed to common shareholders 29.1   29.0   58.4 56.8
Electric Transmission | External revenues            
Segment information            
Operating revenues 0.0   0.0   0.0 0.0
Electric Transmission | Intersegment revenues            
Segment information            
Operating revenues $ 0.0   0.0   $ 0.0 0.0
Electric Transmission | ATC            
Segment information            
Ownership interest (as a percent) 60.00%       60.00%  
Electric Transmission | ATC Holdco            
Segment information            
Ownership interest (as a percent) 75.00%       75.00%  
Non-Utility Energy Infrastructure            
Segment information            
Natural gas storage needs provided to Wisconsin utilities         33.00%  
Operating revenues $ 169.0   143.6   $ 335.2 303.1
Other operation and maintenance 20.3   13.9   38.1 24.8
Depreciation and amortization 48.4   34.3   91.1 68.3
Equity in earnings of transmission affiliates 0.0   0.0   0.0 0.0
Interest expense 25.1   17.4   45.0 34.6
Income tax expense (benefit) (19.7)   (7.3)   (37.5) (12.2)
Net income (loss) 85.9   80.3   174.2 173.6
Net income (loss) attributed to common shareholders 85.9   80.3   174.4 171.8
Non-Utility Energy Infrastructure | External revenues            
Segment information            
Operating revenues 50.0   28.1   92.1 70.7
Non-Utility Energy Infrastructure | Intersegment revenues            
Segment information            
Operating revenues 119.0   115.5   243.1 232.4
Corporate and Other            
Segment information            
Operating revenues 0.1   0.1   0.1 0.3
Other operation and maintenance 0.7   (0.9)   (0.7) (6.6)
Depreciation and amortization 5.2   6.8   10.3 13.3
Equity in earnings of transmission affiliates 0.0   0.0   0.0 0.0
Interest expense 62.0   24.6   117.6 47.2
Income tax expense (benefit) (7.3)   (10.0)   (44.2) (34.8)
Net income (loss) (44.7)   (29.3)   (58.5) (15.7)
Net income (loss) attributed to common shareholders (44.7)   (29.3)   (58.5) (15.7)
Corporate and Other | External revenues            
Segment information            
Operating revenues 0.1   0.1   0.1 0.3
Corporate and Other | Intersegment revenues            
Segment information            
Operating revenues $ 0.0   $ 0.0   $ 0.0 $ 0.0