XML 13 R6.htm IDEA: XBRL DOCUMENT v3.24.1.u1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 4.3 $ 0.2
Accounts receivable 181.6 208.8
Accrued unbilled revenues 63.2 72.7
Income taxes receivable 19.0 18.2
Fuel inventories 157.9 158.5
Materials and supplies, at average cost 245.3 254.3
Other 53.7 58.8
Total current assets 725.0 771.5
OTHER PROPERTY AND INVESTMENTS    
Other 118.9 114.0
Total other property and investments 118.9 114.0
PROPERTY, PLANT AND EQUIPMENT    
In service 15,743.0 15,588.2
Construction work in progress 599.0 522.2
Total property, plant and equipment 16,342.0 16,110.4
Less: accumulated depreciation 4,873.2 4,809.4
Net property, plant and equipment 11,468.8 11,301.0
DEFERRED CHARGES AND OTHER ASSETS    
Regulatory assets 576.6 577.6
Other 28.7 26.6
Total deferred charges and other assets 605.3 604.2
TOTAL ASSETS 12,918.0 12,790.7
CURRENT LIABILITIES    
Short-term debt 755.7 499.2
Accounts payable 211.9 276.4
Dividends payable 83.9 83.8
Customer deposits 105.6 103.5
Accrued taxes 29.0 47.6
Accrued interest 55.5 57.4
Accrued compensation 30.7 46.8
Long-term debt due within one year 79.4 0.0
Fuel clause over recoveries 36.5 20.5
Other 41.5 44.0
Total current liabilities 1,429.7 1,179.2
LONG-TERM DEBT 4,261.9 4,340.5
DEFERRED CREDITS AND OTHER LIABILITIES    
Accrued benefit obligations 161.5 172.7
Deferred income taxes 1,318.4 1,300.8
Deferred investment tax credits 11.1 11.3
Regulatory liabilities 1,047.4 1,061.6
Other 242.7 213.0
Total deferred credits and other liabilities 2,781.1 2,759.4
Total liabilities 8,472.7 8,279.1
COMMITMENTS AND CONTINGENCIES (NOTE 12)
STOCKHOLDERS' EQUITY    
Common stockholders' equity 1,142.4 1,145.1
Retained earnings 3,306.2 3,373.7
Accumulated other comprehensive loss, net of tax (3.3) (7.2)
Total stockholders' equity 4,445.3 4,511.6
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 12,918.0 12,790.7
OG&E [Member]    
CURRENT ASSETS    
Cash and cash equivalents 4.3 0.2
Accounts receivable 181.6 208.8
Accrued unbilled revenues 63.2 72.7
Fuel inventories 157.9 158.5
Materials and supplies, at average cost 245.3 254.3
Other 45.1 46.7
Total current assets 697.4 741.2
OTHER PROPERTY AND INVESTMENTS    
Total other property and investments 8.0 4.6
PROPERTY, PLANT AND EQUIPMENT    
In service 15,736.9 15,582.1
Construction work in progress 599.0 522.2
Total property, plant and equipment 16,335.9 16,104.3
Less: accumulated depreciation 4,873.2 4,809.4
Net property, plant and equipment 11,462.7 11,294.9
DEFERRED CHARGES AND OTHER ASSETS    
Regulatory assets 576.6 577.6
Other 26.4 24.3
Total deferred charges and other assets 603.0 601.9
TOTAL ASSETS 12,771.1 12,642.6
CURRENT LIABILITIES    
Short-term debt 46.6 0.0
Accounts payable 180.3 228.5
Advances from parent 223.4 147.7
Customer deposits 105.6 103.5
Accrued taxes 28.7 47.2
Accrued interest 55.5 56.6
Accrued compensation 30.7 37.0
Long-term debt due within one year 79.4 0.0
Fuel clause over recoveries 36.5 20.5
Other 41.7 43.6
Total current liabilities 828.4 684.6
LONG-TERM DEBT 4,212.0 4,290.6
DEFERRED CREDITS AND OTHER LIABILITIES    
Accrued benefit obligations 96.4 96.2
Deferred income taxes 1,358.7 1,340.8
Deferred investment tax credits 11.1 11.3
Regulatory liabilities 1,047.4 1,061.6
Other 214.0 182.8
Total deferred credits and other liabilities 2,727.6 2,692.7
Total liabilities 7,768.0 7,667.9
COMMITMENTS AND CONTINGENCIES (NOTE 12)
STOCKHOLDERS' EQUITY    
Common stockholders' equity 1,580.9 1,577.7
Retained earnings 3,422.2 3,397.0
Total stockholders' equity 5,003.1 4,974.7
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 12,771.1 $ 12,642.6