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SEGMENT INFORMATION (Details)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
USD ($)
Jun. 30, 2023
USD ($)
Mar. 31, 2023
USD ($)
Sep. 30, 2022
USD ($)
Jun. 30, 2022
USD ($)
Mar. 31, 2022
USD ($)
Sep. 30, 2023
USD ($)
segment
Sep. 30, 2022
USD ($)
Segment information                
Number of reportable segments | segment             6  
Operating revenues $ 1,957.4     $ 2,003.0     $ 6,675.5 $ 7,039.0
Other operation and maintenance 516.6     454.3     1,546.6 1,357.7
Depreciation and amortization 320.3     280.3     939.7 838.0
Equity in earnings of transmission affiliates 44.7     63.7     132.1 148.4
Interest expense 182.5     127.5     533.4 364.9
Income tax expense (benefit) 60.4     73.4     183.0 263.9
Net income (loss) 315.6     301.7     1,113.2 1,157.5
Net income (loss) attributed to common shareholders 316.0 $ 289.7 $ 507.5 302.0 $ 287.5 $ 565.9 1,113.2 1,155.4
External revenues                
Segment information                
Operating revenues 1,957.4     2,003.0     6,675.5 7,039.0
Intersegment revenues                
Segment information                
Operating revenues 0.0     0.0     0.0 0.0
Utility operations                
Segment information                
Other operation and maintenance 495.3     450.3     1,493.4 1,341.0
Depreciation and amortization 285.8     257.4     841.4 766.6
Equity in earnings of transmission affiliates 0.0     0.0     0.0 0.0
Interest expense 174.4     158.6     526.4 472.7
Income tax expense (benefit) 76.2     67.6     261.1 286.9
Net income (loss) 262.1     204.0     885.6 845.1
Net income (loss) attributed to common shareholders 261.8     203.7     884.7 844.2
Utility operations | External revenues                
Segment information                
Operating revenues 1,912.9     1,976.3     6,538.8 6,941.3
Utility operations | Intersegment revenues                
Segment information                
Operating revenues 0.0     0.0     0.0 0.0
Reconciling eliminations                
Segment information                
Other operation and maintenance (1.5)     (1.6)     (7.0) (7.1)
Depreciation and amortization (19.6)     (17.3)     (57.2) (50.4)
Equity in earnings of transmission affiliates 0.0     0.0     0.0 0.0
Interest expense (88.0)     (83.9)     (261.3) (252.1)
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 $ (115.3)     (113.3)     $ (358.4) (345.7)
ATC                
Segment information                
Ownership interest (as a percent) 60.00%           60.00%  
Equity in earnings of transmission affiliates $ 44.2     63.2     $ 130.2 146.8
ATC Holdco                
Segment information                
Ownership interest (as a percent) 75.00%           75.00%  
Equity in earnings of transmission affiliates $ 0.5     0.5     $ 1.9 1.6
Wisconsin | Operating Segments                
Segment information                
Operating revenues 1,622.0     1,676.8     5,042.8 5,176.5
Wisconsin | Operating Segments | Utility operations                
Segment information                
Other operation and maintenance 387.1     329.1     1,119.7 979.6
Depreciation and amortization 215.3     189.2     632.9 564.0
Equity in earnings of transmission affiliates 0.0     0.0     0.0 0.0
Interest expense 148.7     137.2     449.4 409.1
Income tax expense (benefit) 69.3     63.7     188.8 208.4
Net income (loss) 243.4     195.2     686.8 632.3
Net income (loss) attributed to common shareholders 243.1     194.9     685.9 631.4
Wisconsin | Operating Segments | Utility operations | External revenues                
Segment information                
Operating revenues 1,622.0     1,676.8     5,042.8 5,176.5
Wisconsin | Operating Segments | Utility operations | Intersegment revenues                
Segment information                
Operating revenues 0.0     0.0     0.0 0.0
Illinois | Operating Segments                
Segment information                
Operating revenues 243.3     230.3     1,116.5 1,354.8
Illinois | Operating Segments | Utility operations                
Segment information                
Other operation and maintenance 86.5     100.2     305.5 292.9
Depreciation and amortization 59.3     57.9     176.3 172.1
Equity in earnings of transmission affiliates 0.0     0.0     0.0 0.0
Interest expense 22.0     18.1     65.0 53.8
Income tax expense (benefit) 8.9     5.8     61.8 69.1
Net income (loss) 24.7     14.9     167.9 184.7
Net income (loss) attributed to common shareholders 24.7     14.9     167.9 184.7
Illinois | Operating Segments | Utility operations | External revenues                
Segment information                
Operating revenues 243.3     230.3     1,116.5 1,354.8
Illinois | Operating Segments | Utility operations | Intersegment revenues                
Segment information                
Operating revenues 0.0     0.0     0.0 0.0
Other States | Operating Segments                
Segment information                
Operating revenues 47.6     69.2     379.5 410.0
Other States | Operating Segments | Utility operations                
Segment information                
Other operation and maintenance 21.7     21.0     68.2 68.5
Depreciation and amortization 11.2     10.3     32.2 30.5
Equity in earnings of transmission affiliates 0.0     0.0     0.0 0.0
Interest expense 3.7     3.3     12.0 9.8
Income tax expense (benefit) (2.0)     (1.9)     10.5 9.4
Net income (loss) (6.0)     (6.1)     30.9 28.1
Net income (loss) attributed to common shareholders (6.0)     (6.1)     30.9 28.1
Other States | Operating Segments | Utility operations | External revenues                
Segment information                
Operating revenues 47.6     69.2     379.5 410.0
Other States | Operating Segments | Utility operations | Intersegment revenues                
Segment information                
Operating revenues 0.0     0.0     0.0 0.0
Electric Transmission | Operating Segments                
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 44.7     63.7     132.1 148.4
Interest expense 5.0     4.9     14.6 14.6
Income tax expense (benefit) 10.0     14.3     29.4 32.5
Net income (loss) 29.7     44.5     88.1 101.3
Net income (loss) attributed to common shareholders 29.7     44.5     88.1 101.3
Electric Transmission | Operating Segments | External revenues                
Segment information                
Operating revenues 0.0     0.0     0.0 0.0
Electric Transmission | Operating Segments | 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%  
Non-Utility Energy Infrastructure | Operating Segments                
Segment information                
Operating revenues $ 159.8     139.9     $ 495.0 443.0
Other operation and maintenance 21.5     12.1     59.6 36.9
Depreciation and amortization 48.8     34.0     139.9 102.3
Equity in earnings of transmission affiliates 0.0     0.0     0.0 0.0
Interest expense 24.8     17.0     69.8 51.6
Income tax expense (benefit) (6.7)     1.7     (44.2) (10.5)
Net income (loss) 66.7     70.4     240.9 244.0
Net income (loss) attributed to common shareholders 67.4     71.0     241.8 242.8
Non-Utility Energy Infrastructure | Operating Segments | External revenues                
Segment information                
Operating revenues 44.5     26.6     136.6 97.3
Non-Utility Energy Infrastructure | Operating Segments | Intersegment revenues                
Segment information                
Operating revenues 115.3     113.3     358.4 345.7
Corporate and Other | Operating Segments                
Segment information                
Operating revenues 0.0     0.1     0.1 0.4
Other operation and maintenance 1.3     (6.5)     0.6 (13.1)
Depreciation and amortization 5.3     6.2     15.6 19.5
Equity in earnings of transmission affiliates 0.0     0.0     0.0 0.0
Interest expense 66.3     30.9     183.9 78.1
Income tax expense (benefit) (19.1)     (10.2)     (63.3) (45.0)
Net income (loss) (42.9)     (17.2)     (101.4) (32.9)
Net income (loss) attributed to common shareholders (42.9)     (17.2)     (101.4) (32.9)
Corporate and Other | Operating Segments | External revenues                
Segment information                
Operating revenues 0.0     0.1     0.1 0.4
Corporate and Other | Operating Segments | Intersegment revenues                
Segment information                
Operating revenues $ 0.0     $ 0.0     $ 0.0 $ 0.0