XML 15 R4.htm IDEA: XBRL DOCUMENT v3.23.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 54.7 $ 28.9
Accounts receivable and unbilled revenues, net of reserves of $178.7 and $199.3, respectively 1,315.1 1,818.4
Materials, supplies, and inventories 603.7 807.1
Prepaid taxes 215.1 201.8
Other prepayments 42.8 69.8
Collateral on deposit 151.3 122.4
Other 74.9 139.3
Current assets 2,457.6 3,187.7
Long-term assets    
Property, plant, and equipment, net of accumulated depreciation and amortization of $10,717.0 and $10,383.8, respectively 31,010.4 29,113.8
Regulatory assets (June 30, 2023 and December 31, 2022 include $89.5 and $92.4, respectively, related to WEPCo Environmental Trust) 3,238.9 3,264.6
Equity investment in transmission affiliates 1,955.9 1,909.2
Goodwill 3,052.8 3,052.8
Pension and OPEB assets 951.0 916.7
Other 352.7 427.3
Long-term assets 40,561.7 38,684.4
Total assets 43,019.3 41,872.1
Current liabilities    
Short-term debt 1,090.3 1,647.1
Current portion of long-term debt (June 30, 2023 and December 31, 2022 include $9.0 and $8.9, respectively, related to WEPCo Environmental Trust) 1,377.5 881.2
Accounts payable 748.5 1,198.1
Other 880.6 884.6
Current liabilities 4,096.9 4,611.0
Long-term liabilities    
Long-term debt (June 30, 2023 and December 31, 2022 include $89.7 and $94.1, respectively, related to WEPCo Environmental Trust) 15,608.3 14,766.2
Deferred income taxes 4,774.0 4,625.6
Deferred revenue, net 363.5 370.7
Regulatory liabilities 3,712.9 3,735.5
Intangible liabilities 621.6 335.4
Asset Retirement Obligation 502.9 479.3
Environmental remediation liabilities 475.8 499.6
Other 832.0 832.2
Long-term liabilities 26,891.0 25,644.5
Commitments and contingencies (Note 23)
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 4,114.7 4,115.2
Retained earnings 7,570.4 7,265.3
Accumulated other comprehensive loss (6.9) (6.8)
Common shareholders' equity 11,681.4 11,376.9
Preferred stock of subsidiary 30.4 30.4
Noncontrolling interests 319.6 209.3
Total liabilities and equity $ 43,019.3 $ 41,872.1