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SUPPLEMENTAL CASH FLOW INFORMATION | 9 Months Ended
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Sep. 30, 2021
Additional Cash Flow Elements and Supplemental Cash Flow Information [Abstract] |
SUPPLEMENTAL CASH FLOW INFORMATION | SUPPLEMENTAL CASH FLOW INFORMATION
|  | Nine Months Ended September 30
(in millions) |  | 2021 |  | 2020
Cash paid for interest, net of amount capitalized |  | $ | 310.9 |  |  | $ | 332.4 |
Cash paid for income taxes, net |  | 33.8 |  |  | 27.6 |
Significant non-cash investing and financing transactions: |  |  |  |
Accounts payable related to construction costs |  | 144.0 |  |  | 177.8 |
Increase in receivable related to insurance proceeds for property damage (1) |  | 58.3 |  |  | — |
(1)See Note 6, Property, Plant, and Equipment, for information about a steam incident at WE's PSB. The statements of cash flows include our activity related to cash, cash equivalents, and restricted cash. Our restricted cash primarily consists of the cash held in the Integrys rabbi trust, which is used to fund participants' benefits under the Integrys deferred compensation plan and certain Integrys non-qualified pension plans. All assets held within the rabbi trust are restricted as they can only be withdrawn from the trust to make qualifying benefit payments. Our restricted cash also consists of cash on deposit in financial institutions that is restricted to satisfy the requirements of certain debt agreements at WECI Wind Holding I and WEPCo Environmental Trust. The restricted cash we received when WECI acquired ownership interests in certain wind generation projects is included in our restricted cash as well. This cash is restricted as it can only be used to pay for any remaining costs associated with the construction of the wind generation facilities. The following table reconciles the cash, cash equivalents, and restricted cash amounts reported within the balance sheets to the total of these amounts shown on the statements of cash flows:
(in millions) |  | September 30, 2021 |  | December 31, 2020
Cash and cash equivalents |  | $ | 26.0 |  |  | $ | 24.8 |
Restricted cash included in other current assets |  | 36.4 |  |  | — |
Restricted cash included in other long term assets |  | 46.8 |  |  | 47.8 |
Cash, cash equivalents, and restricted cash |  | $ | 109.2 |  |  | $ | 72.6 |

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- Definition The entire disclosure for supplemental cash flow activities, including cash, noncash, and part noncash transactions, for the period. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -URI http://asc.fasb.org/topic&trid=2134446 + Details
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