XML 24 R7.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 0.6 $ 0.2
Accounts receivable 240.6 208.8
Accrued unbilled revenues 74.6 72.7
Income taxes receivable 0.0 18.2
Fuel inventories 148.3 158.5
Materials and supplies, at average cost 229.4 254.3
Fuel clause under recoveries 112.7 0.0
Other 88.9 58.8
Total current assets 895.1 771.5
OTHER PROPERTY AND INVESTMENTS    
Other 124.2 114.0
Total other property and investments 124.2 114.0
PROPERTY, PLANT AND EQUIPMENT    
In service 16,254.6 15,588.2
Construction work in progress 814.2 522.2
Total property, plant and equipment 17,068.8 16,110.4
Less: accumulated depreciation 4,982.2 4,809.4
Net property, plant and equipment 12,086.6 11,301.0
DEFERRED CHARGES AND OTHER ASSETS    
Regulatory assets 568.1 577.6
Other 42.0 26.6
Total deferred charges and other assets 610.1 604.2
TOTAL ASSETS 13,716.0 12,790.7
CURRENT LIABILITIES    
Short-term debt 469.3 499.2
Accounts payable 305.7 276.4
Dividends payable 84.7 83.8
Customer deposits 111.1 103.5
Accrued taxes 58.8 47.6
Accrued interest 63.8 57.4
Accrued compensation 53.0 46.8
Long-term debt due within one year 32.4 0.0
Fuel clause over recoveries 9.3 20.5
Other 41.7 44.0
Total current liabilities 1,229.8 1,179.2
LONG-TERM DEBT 5,020.9 4,340.5
DEFERRED CREDITS AND OTHER LIABILITIES    
Accrued benefit obligations 170.9 172.7
Deferred income taxes 1,371.1 1,300.8
Deferred investment tax credits 10.6 11.3
Regulatory liabilities 1,016.4 1,061.6
Other 255.4 213.0
Total deferred credits and other liabilities 2,824.4 2,759.4
Total liabilities 9,075.1 8,279.1
COMMITMENTS AND CONTINGENCIES (NOTE 13)
STOCKHOLDER'S EQUITY    
Common stockholder's equity 1,167.9 1,145.1
Retained earnings 3,475.7 3,373.7
Accumulated other comprehensive loss, net of tax (2.7) (7.2)
Total stockholder's equity 4,640.9 4,511.6
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY 13,716.0 12,790.7
OG&E [Member]    
CURRENT ASSETS    
Cash and cash equivalents 0.2 0.2
Accounts receivable 240.1 208.8
Accrued unbilled revenues 74.6 72.7
Fuel inventories 148.3 158.5
Materials and supplies, at average cost 229.4 254.3
Fuel clause under recoveries 112.7 0.0
Other 83.2 46.7
Total current assets 888.5 741.2
OTHER PROPERTY AND INVESTMENTS    
Total other property and investments 4.5 4.6
PROPERTY, PLANT AND EQUIPMENT    
In service 16,248.5 15,582.1
Construction work in progress 814.2 522.2
Total property, plant and equipment 17,062.7 16,104.3
Less: accumulated depreciation 4,982.2 4,809.4
Net property, plant and equipment 12,080.5 11,294.9
DEFERRED CHARGES AND OTHER ASSETS    
Regulatory assets 568.1 577.6
Other 39.7 24.3
Total deferred charges and other assets 607.8 601.9
TOTAL ASSETS 13,581.3 12,642.6
CURRENT LIABILITIES    
Accounts payable 272.2 228.5
Advances from parent 247.6 147.7
Customer deposits 111.1 103.5
Accrued taxes 51.4 47.2
Accrued interest 61.4 56.6
Accrued compensation 53.0 37.0
Long-term debt due within one year 32.4 0.0
Fuel clause over recoveries 9.3 20.5
Other 41.8 43.6
Total current liabilities 880.2 684.6
LONG-TERM DEBT 4,614.3 4,290.6
DEFERRED CREDITS AND OTHER LIABILITIES    
Accrued benefit obligations 102.2 96.2
Deferred income taxes 1,410.7 1,340.8
Deferred investment tax credits 10.6 11.3
Regulatory liabilities 1,016.4 1,061.6
Other 220.5 182.8
Total deferred credits and other liabilities 2,760.4 2,692.7
Total liabilities 8,254.9 7,667.9
COMMITMENTS AND CONTINGENCIES (NOTE 13)
STOCKHOLDER'S EQUITY    
Common stockholder's equity 1,589.5 1,577.7
Retained earnings 3,736.9 3,397.0
Total stockholder's equity 5,326.4 4,974.7
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY $ 13,581.3 $ 12,642.6