XML 61 R44.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Report of Business Segments (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Segment Reporting [Abstract] |
Summary of OGE Energy's Business Segments | The following tables, which include significant segment expenses, present the results of OGE Energy's business segments for the years ended December 31, 2024, 2023 and 2022.
2024 |  | Electric Company |  |  | Other Operations |  |  | Eliminations |  |  | Total |
(In millions) |  |  |  |  |  |  |  |  |  |  |  |
Operating revenues |  | $ | 2,985.3 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,985.3 |
Fuel, purchased power and direct transmission expense |  |  | 1,076.4 |  |  |  | — |  |  |  | — |  |  |  | 1,076.4 |
Other operation and maintenance |  |  | 514.1 |  |  |  | 0.3 |  |  |  | — |  |  |  | 514.4 |
Depreciation and amortization |  |  | 539.5 |  |  |  | — |  |  |  | — |  |  |  | 539.5 |
Taxes other than income |  |  | 109.7 |  |  |  | — |  |  |  | — |  |  |  | 109.7 |
Operating income (loss) |  |  | 745.6 |  |  |  | (0.3 | ) |  |  | — |  |  |  | 745.3 |
Other income |  |  | 31.9 |  |  |  | 2.4 |  |  |  | (4.5 | ) |  |  | 29.8 |
Interest expense |  |  | 214.4 |  |  |  | 44.6 |  |  |  | (4.5 | ) |  |  | 254.5 |
Income tax expense (benefit) |  |  | 93.2 |  |  |  | (14.1 | ) |  |  | — |  |  |  | 79.1 |
Net income (loss) |  | $ | 469.9 |  |  | $ | (28.4 | ) |  | $ | — |  |  | $ | 441.5 |
Total assets |  | $ | 13,581.3 |  |  | $ | 402.9 |  |  | $ | (268.2 | ) |  | $ | 13,716.0 |
Capital expenditures |  | $ | 1,090.9 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,090.9 |
2023 |  | Electric Company |  |  | Other Operations |  |  | Eliminations |  |  | Total |
(In millions) |  |  |  |  |  |  |  |  |  |  |  |
Operating revenues |  | $ | 2,674.3 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,674.3 |
Fuel, purchased power and direct transmission expense |  |  | 911.7 |  |  |  | — |  |  |  | — |  |  |  | 911.7 |
Other operation and maintenance |  |  | 505.0 |  |  |  | (2.4 | ) |  |  | — |  |  |  | 502.6 |
Depreciation and amortization |  |  | 506.6 |  |  |  | — |  |  |  | — |  |  |  | 506.6 |
Taxes other than income |  |  | 99.4 |  |  |  | 3.8 |  |  |  | — |  |  |  | 103.2 |
Operating income (loss) |  |  | 651.6 |  |  |  | (1.4 | ) |  |  | — |  |  |  | 650.2 |
Other income |  |  | 43.5 |  |  |  | 8.1 |  |  |  | (7.4 | ) |  |  | 44.2 |
Interest expense |  |  | 199.9 |  |  |  | 28.9 |  |  |  | (7.4 | ) |  |  | 221.4 |
Income tax expense (benefit) |  |  | 68.8 |  |  |  | (12.6 | ) |  |  | — |  |  |  | 56.2 |
Net income (loss) |  | $ | 426.4 |  |  | $ | (9.6 | ) |  | $ | — |  |  | $ | 416.8 |
Total assets |  | $ | 12,642.6 |  |  | $ | 301.1 |  |  | $ | (153.0 | ) |  | $ | 12,790.7 |
Capital expenditures |  | $ | 1,178.2 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,178.2 |
2022 |  | Electric Company |  |  | Natural Gas Midstream Operations (A) |  |  | Other Operations |  |  | Eliminations |  |  | Total |
(In millions) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating revenues |  | $ | 3,375.7 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 3,375.7 |
Fuel, purchased power and direct transmission expense |  |  | 1,662.4 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,662.4 |
Other operation and maintenance |  |  | 491.9 |  |  |  | 12.6 |  |  |  | (3.1 | ) |  |  | — |  |  |  | 501.4 |
Depreciation and amortization |  |  | 460.9 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 460.9 |
Taxes other than income |  |  | 98.0 |  |  |  | 0.1 |  |  |  | 3.4 |  |  |  | — |  |  |  | 101.5 |
Operating income (loss) |  |  | 662.5 |  |  |  | (12.7 | ) |  |  | (0.3 | ) |  |  | — |  |  |  | 649.5 |
Gain on equity securities |  |  | — |  |  |  | 282.1 |  |  |  | — |  |  |  | — |  |  |  | 282.1 |
Other income |  |  | 11.2 |  |  |  | 10.0 |  |  |  | 4.9 |  |  |  | (2.1 | ) |  |  | 24.0 |
Interest expense |  |  | 157.8 |  |  |  | — |  |  |  | 10.6 |  |  |  | (2.1 | ) |  |  | 166.3 |
Income tax expense (benefit) |  |  | 76.4 |  |  |  | 48.1 |  |  |  | (0.9 | ) |  |  | — |  |  |  | 123.6 |
Net income (loss) |  | $ | 439.5 |  |  | $ | 231.3 |  |  | $ | (5.1 | ) |  | $ | — |  |  | $ | 665.7 |
Total assets |  | $ | 12,410.5 |  |  | $ | 1.2 |  |  | $ | 683.7 |  |  | $ | (550.7 | ) |  | $ | 12,544.7 |
Capital expenditures |  | $ | 1,050.9 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 1,050.9 |
(A) During 2022, OGE Energy held an investment in Energy Transfer's equity securities and reported the investment's activity, as well as Enable legacy pension and postretirement costs, through the natural gas midstream operations segment. As of the end of September 2022, OGE Energy sold all of Energy Transfer's limited partner units; therefore, beginning in 2023, OGE Energy no longer has a natural gas midstream operations segment.

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration