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Condensed Consolidated Statements of Income (unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues        
Revenues $ 746,392 $ 795,417 $ 1,490,462 $ 1,587,431
Expenses        
Total expenses 692,645 2,457,006 1,374,295 3,198,133
Operating income (loss)        
Operating income (loss) 53,747 (1,661,589) 116,167 (1,610,702)
Retirement defined benefits credit—other than service costs 919 1,001 1,836 2,002
Interest expense, net (27,256) (32,400) (61,468) (63,991)
Allowance for borrowed funds used during construction 1,462 1,344 2,879 2,730
Allowance for equity funds used during construction 3,702 3,336 7,287 6,976
Interest income 7,579 3,134 20,202 6,267
Loss on sale of a subsidiary and impairment loss on assets held for sale (178) 0 (13,389) 0
Income (loss) before income taxes 39,975 (1,685,174) 73,514 (1,656,718)
Income tax expense (benefit) 13,417 (435,950) 19,812 (429,155)
Income (loss) from continuing operations 26,558 (1,249,224) 53,702 (1,227,563)
Preferred stock dividends of subsidiaries 473 473 946 946
Income (loss) from continuing operations for common stock 26,085 (1,249,697) 52,756 (1,228,509)
Loss from discontinued operations 0 (45,787) 0 (24,853)
Net income (loss) for common stock $ 26,085 $ (1,295,484) $ 52,756 $ (1,253,362)
Continuing operations - Basic earnings (loss) per common share (in dollars per share) $ 0.15 $ (11.33) $ 0.31 $ (11.14)
Discontinued operations - Basic loss per common share (in dollars per share) 0 (0.42) 0 (0.23)
Basic earnings (loss) per common share (in dollars per share) 0.15 (11.74) 0.31 (11.37)
Continuing operations - Diluted earnings (loss) per common share (in dollars per share) 0.15 (11.33) 0.31 (11.14)
Discontinued operations - Diluted loss per common share (in dollars per share) 0 (0.42) 0 (0.23)
Diluted earnings (loss) per common share (in dollars per share) $ 0.15 $ (11.74) $ 0.31 $ (11.37)
Weighted-average number of common shares outstanding:        
Basic (in shares) 172,496 110,303 172,487 110,260
Diluted (in shares) 172,655 110,303 172,832 110,260
Electric utility        
Revenues        
Revenues $ 742,482 $ 792,331 $ 1,480,848 $ 1,580,909
Expenses        
Total expenses 677,938 2,436,771 1,340,367 3,161,994
Operating income (loss)        
Operating income (loss) 64,544 (1,644,440) 140,481 (1,581,085)
Other        
Revenues        
Revenues 3,910 3,086 9,614 6,522
Expenses        
Total expenses 14,707 20,235 33,928 36,139
Operating income (loss)        
Operating income (loss) $ (10,797) $ (17,149) $ (24,314) $ (29,617)