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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Mar. 31, 2024
Current Assets:      
Cash and Cash Equivalents $ 10.2 $ 6.3 $ 6.3
Accounts Receivable, Net 95.5 75.0 83.9
Accrued Revenue 60.5 77.4 72.2
Exchange Gas Receivable 1.6 6.4 2.2
Gas Inventory 0.4 1.1 0.3
Materials and Supplies 16.1 14.2 14.0
Prepayments and Other 11.2 8.4 10.5
Total Current Assets 195.5 188.8 189.4
Utility Plant:      
Electric 705.8 699.4 659.8
Gas 1,273.8 1,189.9 1,129.6
Common 69.2 69.0 64.9
Construction Work in Progress 92.5 92.9 68.5
Utility Plant 2,141.3 2,051.2 1,922.8
Less: Accumulated Depreciation 522.4 511.6 493.0
Net Utility Plant 1,618.9 1,539.6 1,429.8
Other Noncurrent Assets:      
Regulatory Assets 47.2 41.9 52.1
Operating Lease Right of Use Assets 6.2 6.7 5.6
Other Assets 22.9 17.5 21.0
Total Other Noncurrent Assets 76.3 66.1 78.7
TOTAL ASSETS 1,890.7 1,794.5 1,697.9
Current Liabilities:      
Accounts Payable 42.9 49.7 37.9
Short-Term Debt 172.9 105.8 169.9
Long-Term Debt, Current Portion 4.9 4.9 4.9
Regulatory Liabilities 23.8 17.2 17.9
Energy Supply Obligations 6.2 10.0 7.0
Interest Payable 7.9 8.4 7.2
Environmental Obligations 0.7 0.7 0.7
Operating Lease Obligations 1.8 1.8 1.8
Taxes Payable 10.4 0.0 8.9
Other Current Liabilities 23.5 30.2 20.4
Total Current Liabilities 295.0 228.7 276.6
Noncurrent Liabilities:      
Retirement Benefit Obligations 25.8 25.5 46.0
Deferred Income Taxes, Net 184.6 186.1 179.1
Cost of Removal Obligations 143.9 139.2 130.6
Regulatory Liabilities 52.7 46.8 34.0
Environmental Obligations 7.1 7.1 4.1
Operating Lease Obligations 4.4 4.9 3.8
Other Noncurrent Liabilities 5.9 5.3 5.0
Total Noncurrent Liabilities 424.4 414.9 402.6
Capitalization:      
Long-Term Debt, Less Current Portion 637.2 638.4 507.9
Stockholders' Equity:      
Common Equity (No par value, Authorized: 25,000,000 and Outstanding: 16,250,032, 16,167,887 and 16,192,345 Shares) 342.6 341.2 338.7
Retained Earnings 191.3 171.1 171.9
Total Common Stock Equity 533.9 512.3 510.6
Preferred Stock 0.2 0.2 0.2
Total Stockholders' Equity 534.1 512.5 510.8
Total Capitalization 1,171.3 1,150.9 1,018.7
Commitments and Contingencies (Notes 6 & 7)
TOTAL LIABILITIES AND CAPITALIZATION $ 1,890.7 $ 1,794.5 $ 1,697.9