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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues from contracts with customers $ 741.1 $ 582.6
Other revenues 6.6 14.2
Operating revenues 747.7 596.8
FUEL, PURCHASED POWER AND DIRECT TRANSMISSION EXPENSE 324.0 232.2
OPERATING EXPENSES    
Other operation and maintenance 121.8 132.4
Depreciation and amortization 137.4 129.2
Taxes other than income 31.2 29.0
Operating expenses 290.4 290.6
OPERATING INCOME 133.3 74.0
OTHER INCOME (EXPENSE)    
Allowance for equity funds used during construction 7.0 4.7
Other net periodic benefit income (expense) (2.6) 1.7
Other income 7.0 4.5
Other expense (4.5) (4.5)
Net other income 6.9 6.4
INTEREST EXPENSE    
Interest on long-term debt 61.4 52.0
Allowance for borrowed funds used during construction (4.5) (3.4)
Interest on short-term debt and other interest charges 10.4 11.6
Interest expense 67.3 60.2
INCOME BEFORE TAXES 72.9 20.2
INCOME TAX EXPENSE 10.2 1.6
NET INCOME $ 62.7 $ 18.6
BASIC AVERAGE COMMON SHARES OUTSTANDING 201.2 200.4
DILUTED AVERAGE COMMON SHARES OUTSTANDING 201.9 200.6
BASIC EARNINGS PER AVERAGE COMMON SHARE $ 0.31 $ 0.09
DILUTED EARNINGS PER AVERAGE COMMON SHARE $ 0.31 $ 0.09
Other comprehensive income, net of tax $ 0.1 $ 3.9
Comprehensive income 62.8 22.5
OG&E [Member]    
Revenues from contracts with customers 741.1 582.6
Other revenues 6.6 14.2
Operating revenues 747.7 596.8
FUEL, PURCHASED POWER AND DIRECT TRANSMISSION EXPENSE 324.0 232.2
OPERATING EXPENSES    
Other operation and maintenance 121.8 132.4
Depreciation and amortization 137.4 129.2
Taxes other than income 31.2 29.0
Operating expenses 290.4 290.6
OPERATING INCOME 133.3 74.0
OTHER INCOME (EXPENSE)    
Allowance for equity funds used during construction 7.0 4.7
Other net periodic benefit income (expense) (2.5) 1.8
Other income 5.3 2.0
Other expense (0.9) (1.9)
Net other income 8.9 6.6
INTEREST EXPENSE    
Interest on long-term debt 55.6 51.1
Allowance for borrowed funds used during construction (4.5) (3.4)
Interest on short-term debt and other interest charges 5.7 3.7
Interest expense 56.8 51.4
INCOME BEFORE TAXES 85.4 29.2
INCOME TAX EXPENSE 14.4 4.0
NET INCOME 71.0 25.2
Other comprehensive income, net of tax 0.0 0.0
Comprehensive income $ 71.0 $ 25.2