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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 45.9 $ 28.9
Accounts receivable and unbilled revenues, net of reserves of $176.8 and $199.3, respectively 1,243.2 1,818.4
Materials, supplies, and inventories 749.9 807.1
Prepaid taxes 157.8 201.8
Other prepayments 40.6 69.8
Collateral on deposit 118.4 122.4
Other 87.8 139.3
Current assets 2,443.6 3,187.7
Long-term assets    
Property, plant, and equipment, net of accumulated depreciation and amortization of $10,914.6 and $10,383.8, respectively 31,467.5 29,113.8
Regulatory assets (September 30, 2023 and December 31, 2022 include $87.5 and $92.4, respectively, related to WEPCo Environmental Trust) 3,197.1 3,264.6
Equity investment in transmission affiliates 1,983.8 1,909.2
Goodwill 3,052.8 3,052.8
Pension and OPEB assets 918.7 916.7
Other 378.2 427.3
Long-term assets 40,998.1 38,684.4
Total assets 43,441.7 41,872.1
Current liabilities    
Short-term debt 1,549.3 1,647.1
Current portion of long-term debt (September 30, 2023 and December 31, 2022 include $9.0 and $8.9, respectively, related to WEPCo Environmental Trust) 712.9 881.2
Accounts payable 867.7 1,198.1
Other 943.8 884.6
Current liabilities 4,073.7 4,611.0
Long-term liabilities    
Long-term debt (September 30, 2023 and December 31, 2022 include $89.8 and $94.1, respectively, related to WEPCo Environmental Trust) 15,956.5 14,766.2
Deferred income taxes 4,832.2 4,625.6
Deferred revenue, net 360.4 370.7
Regulatory liabilities 3,720.0 3,735.5
Intangible liabilities 608.2 335.4
Asset Retirement Obligation 505.5 479.3
Environmental remediation liabilities 456.6 499.6
Other 828.3 832.2
Long-term liabilities 27,267.7 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 4,116.4 4,115.2
Retained earnings 7,640.4 7,265.3
Accumulated other comprehensive loss (7.0) (6.8)
Common shareholders' equity 11,753.0 11,376.9
Preferred stock of subsidiary 30.4 30.4
Noncontrolling interests 316.9 209.3
Total liabilities and equity $ 43,441.7 $ 41,872.1