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SUPPLEMENTAL CASH FLOW INFORMATION | 9 Months Ended
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Sep. 30, 2023
Additional Cash Flow Elements and Supplemental Cash Flow Information [Abstract] |
SUPPLEMENTAL CASH FLOW INFORMATION | SUPPLEMENTAL CASH FLOW INFORMATION Non-Cash Transactions
|  | Nine Months Ended September 30
(in millions) |  | 2023 |  | 2022
Cash paid for interest, net of amount capitalized |  | $ | 432.9 |  |  | $ | 311.4 |
Cash paid for income taxes, net |  | 15.8 |  |  | 52.3 |
Significant non-cash investing and financing transactions: |  |  |  |
Accounts payable related to construction costs |  | 236.5 |  |  | 170.9 |
Accounts payable related to Thunderhead acquisition milestone payments |  | — |  |  | 19.0 |
Increase in receivables related to insurance proceeds |  | 6.2 |  |  | — |
Liabilities accrued for software licensing agreement |  | — |  |  | 7.4 |
Restricted Cash The statements of cash flows include our activity related to cash, cash equivalents, and restricted cash. 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, 2023 |  | December 31, 2022
Cash and cash equivalents |  | $ | 45.9 |  |  | $ | 28.9 |
Restricted cash included in other current assets |  | 43.6 |  |  | 25.6 |
Restricted cash included in other long-term assets |  | 51.9 |  |  | 127.7 |
Cash, cash equivalents, and restricted cash |  | $ | 141.4 |  |  | $ | 182.2 |
Our restricted cash consisted of the following: •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 All assets held within the rabbi trust are restricted as they can only be withdrawn from the trust to make qualifying benefit payments. •Cash on deposit in financial institutions that is restricted to satisfy the requirements of certain debt agreements at WEC Infrastructure Wind Holding I LLC, WECI Wind Holding II, and WEPCo Environmental Trust. •Cash we received when WECI acquired ownership interests in certain renewable generation projects. This cash is restricted as it can only be used to pay for any remaining costs associated with the construction of the renewable generation facilities. •Cash used by WE and WPS during January 2023 to purchase a natural gas-fired cogeneration facility located in Whitewater, Wisconsin. This cash was included in other long-term assets at December 31, 2022. See Note 2, Acquisitions, for more information on the purchase of this facility.

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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 -Topic 230 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//230/tableOfContent + Details
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