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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Operating revenues        
Electric $ 915.9 $ 880.7 $ 2,343.1 $ 2,314.8
Natural gas 156.4 153.9 674.1 830.7
Other 8.8 9.7 31.7 31.8
Total operating revenues 1,081.1 1,044.3 3,048.9 3,177.3
Operating expenses        
Electric fuel and purchased power 299.1 284.7 828.3 829.5
Cost of natural gas sold and transported 34.7 34.3 222.1 376.7
Cost of sales — steam and other 3.7 3.5 9.7 11.9
Operating and maintenance expenses 195.9 198.4 589.7 597.9
Demand side management expenses 35.6 36.6 107.3 100.9
Depreciation and amortization 164.4 153.5 478.9 448.6
Taxes (other than income taxes) 57.9 49.0 166.5 154.8
Total operating expenses 791.3 760.0 2,402.5 2,520.3
Operating income 289.8 284.3 646.4 657.0
Other (expense) income, net (0.6) 1.4 (0.8) 1.9
Allowance for funds used during construction — equity 9.5 3.8 29.5 12.9
Interest charges and financing costs        
Interest charges — includes other financing costs of $1.9, $1.6, $5.4 and $4.9, respectively 60.3 59.2 183.3 176.3
Debt Related Commitment Fees and Debt Issuance Costs 1.9 1.6 5.4 4.9
Allowance for funds used during construction — debt (4.0) (2.2) (12.5) (7.0)
Total interest charges and financing costs 56.3 57.0 170.8 169.3
Income before income taxes 242.4 232.5 504.3 502.5
Income tax expense 24.0 28.0 49.1 57.7
Net income $ 218.4 $ 204.5 $ 455.2 $ 444.8