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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 38.9 $ 42.9
Accounts receivable and unbilled revenues, net of reserves of $190.7 and $193.5, respectively 1,557.0 1,503.2
Materials, supplies, and inventories 608.6 775.2
Prepaid taxes 143.0 173.9
Other prepayments 70.9 76.8
Other 186.2 223.7
Current assets 2,604.6 2,795.7
Long-term assets    
Property, plant, and equipment, net of accumulated depreciation and amortization of $11,275.0 and $11,073.1, respectively 31,729.8 31,581.5
Regulatory assets (March 31, 2024 and December 31, 2023 include $84.1 and $85.9, respectively, related to WEPCo Environmental Trust) 3,247.0 3,249.8
Equity investment in transmission affiliates 2,027.1 2,005.9
Goodwill 3,052.8 3,052.8
Pension and OPEB assets 883.9 870.9
Other 382.0 383.1
Long-term assets 41,322.6 41,144.0
Total assets 43,927.2 43,939.7 CloseClose
Current liabilities     Close
Short-term debt 2,574.2 2,020.9 Close
Current portion of long-term debt (March 31, 2024 and December 31, 2023 include $9.0, related to WEPCo Environmental Trust) 640.5 1,264.2 Close
Accounts payable 640.9 896.6 Close
Other 854.1 933.1 Close
Current liabilities 4,709.7 5,114.8 Close
Long-term liabilities     Close
Long-term debt (March 31, 2024 and December 31, 2023 include $85.4 and $85.3, respectively, related to WEPCo Environmental Trust) 15,375.8 15,512.8 Close
Deferred income taxes 5,120.0 4,918.5 Close
Deferred revenue, net 351.1 356.4 Close
Regulatory liabilities 3,730.2 3,697.7 Close
Intangible liabilities 581.4 594.8 Close
Environmental remediation liabilities 448.9 463.7 Close
AROs 377.7 374.2 Close
Other 806.3 835.3 Close
Long-term liabilities 26,791.4 26,753.4 Close
Commitments and contingencies (Note 20) Close
Common shareholders' equity    
Total Liabilities 63002.2 63736.4 0 0 0 Close
Common stock – $0.01 par value; 325,000,000 shares authorized; 315,822,587 and 315,434,531 shares outstanding, respectively 3.2 3.2 Close
Additional paid in capital 4,145.7 4,115.9
Retained earnings 7,971.6 7,612.8
Accumulated other comprehensive loss (7.8) (7.7)
Common shareholders' equity 12,112.7 11,724.2 CloseClose
Preferred stock of subsidiary 30.4 30.4
Noncontrolling interests 283.0 316.9
Total liabilities and equity $ 43,927.2 $ 43,939.7