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STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating revenues    
Operating revenues $ 395.0 $ 454.1
Operating expenses    
Electric fuel and purchased power 187.8 230.9
Operating and maintenance expenses 69.6 72.4
Demand side management expenses 3.9 4.6
Depreciation and amortization 59.1 53.2
Taxes (other than income taxes) 21.3 18.5
Total operating expenses 341.7 379.6
Operating income 53.3 74.5
Other (expense) income, net (2.0) 0.4
Allowance for funds used during construction — equity 5.9 10.3
Interest charges and financing costs    
Interest charges — includes other financing costs of $0.9 and $0.8, respectively 24.2 24.4
Allowance for funds used during construction — debt (2.6) (4.5)
Total interest charges and financing costs 21.6 19.9
Income before income taxes 35.6 65.3
Income tax (benefit) expense (7.1) 11.2
Net income $ 42.7 $ 54.1