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Summarized Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Summarized Quarterly Financial Data (Unaudited)
Summarized Quarterly Financial Data (Unaudited)
 
 
Quarter Ended
(Millions of Dollars)
 
March 31, 2018
 
June 30, 2018
 
Sept. 30, 2018
 
Dec. 31, 2018
Operating revenues
 
$
447.2

 
$
481.3

 
$
540.1

 
$
464.6

Operating income
 
57.1

 
87.6

 
111.0

 
56.0

Net income
 
33.1

 
58.5

 
81.5

 
40.2

 
 
Quarter Ended
(Millions of Dollars)
 
March 31, 2017
 
June 30, 2017
 
Sept. 30, 2017
 
Dec. 31, 2017
Operating revenues
 
$
460.1

 
$
479.8

 
$
551.6

 
$
426.5

Operating income (a)
 
59.2

 
75.2

 
123.1

 
43.4

Net income
 
25.1

 
35.3

 
67.8

 
31.0


(a) 
In 2018, SPS implemented ASU No. 2017-07 related to net periodic benefit cost, which resulted in retrospective reclassification of pension costs from O&M expense to other income.