Interest Expense, Net

12 Months Ended

Dec. 31, 2024

Interest Expense, Operating and Nonoperating [Abstract]

The following table displays the components of Interest Expense, Net included on the Statements of Consolidated Income:


Year Ended December 31, (in millions)	2024		2023		2022
Interest on long-term debt	$	506.2	$	404.1	$	344.5
Interest on short-term borrowings	43.2		108.9		22.7
Debt discount/cost amortization	13.8		13.5		11.7
Accounts receivable securitization fees	1.5		2.7		2.5
Allowance for borrowed funds used and interest capitalized during construction	(40.1)		(25.3)		(6.7)
Debt-based post-in-service carrying charges	(26.4)		(30.7)		(21.1)
Other	19.0		16.4		8.0
Total Interest Expense, net	$	517.2	$	489.6	$	361.6

- Definition

The entire disclosure for interest income and interest expense for enterprises that derive a significant portion of their revenue from interest collected on investments, loans, and securities.

+ References

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+ Details