WEC ENERGY GROUP, INC. WEC Balance Sheet

Wec energy group, inc. (WEC)

Balance Sheet / Yearly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Dec'08
Assets
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	91	88	87	-	97	181	33	32	32	35	35	36	36	38	36	35	36	37	38	43	36	35	38	45	38	38	37	44	37	38	41
Total investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,544	1,513	1,510	-	1,096	1,169	464	456	455	452	445	438	433	428	419	413	408	399	393	393	382	376	374	376	365	362	358	358	397	442	490
Current assets
Cash and cash equivalents
15	37	20	37	30	84	14	29	48	38	18	36	45	37	25	32	34	49	22	214	65	61	88	33	27	26	18	21	24	35	13	13	18	14	15	10	236	24	11	10	12	20	10	12	32
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	9	17	24	45	45	45	45	8	62	112	151	194	180	173	214
Accounts receivable and unbilled revenues, net of reserves of $137.8 and $149.2, respectively
1,176	1,176	911	1,004	1,430	1,280	1,017	1,086	1,356	1,350	948	1,004	1,191	1,241	871	914	1,088	1,028	844	667	437	643	339	404	605	406	299	327	389	285	298	297	386	349	314	344	425	344	300	317	407	298	309	354	369
Income taxes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	48	-	-	155	-	-	-	83	-	-	-	-	-	-	-
Accrued revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	289	221	-	159	174	289	321	161	174	246	278	178	201	190	252	162	172	224	280	157	177	192	288	147	159	341
Energy Related Inventory
391	549	593	461	330	548	608	466	376	539	672	510	417	587	654	494	470	687	719	562	289	400	379	304	234	329	367	317	266	360	342	335	311	382	368	339	284	379	422	390	337	378	388	314	344
Assets held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	96	140	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Regulatory assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	53	53	-	54	54	54	58	69	95	82
Prepayments
200	261	166	254	167	256	137	178	165	210	142	181	161	204	217	235	243	285	-	-	-	148	-	-	-	145	-	-	-	145	-	-	-	140	227	206	190	125	179	210	165	290	221	190	323
Other
61	68	81	80	50	77	61	49	34	74	43	47	39	97	49	89	59	58	204	306	142	38	142	168	126	12	161	430	387	62	194	372	348	87	-	-	-	85	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	250	236	170	-	165	199	261	310	230	-	-	105	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets, Current
1,845	2,093	1,773	1,838	2,008	2,247	1,839	1,810	1,980	2,213	1,823	1,779	1,855	2,168	1,817	1,765	1,896	2,206	2,181	2,276	1,326	1,292	1,274	1,285	1,545	1,551	1,238	1,271	1,313	1,272	1,084	1,236	1,279	1,426	1,132	1,171	1,459	1,331	1,188	1,273	1,319	1,529	1,328	1,300	1,707
Long-term assets
In service
-	-	-	-	-	-	-	-	-	-	-	-	-	-	26,965	26,690	26,523	-	25,741	25,447	15,580	15,509	15,330	15,179	15,043	14,966	14,530	14,424	14,325	14,238	14,086	13,595	13,485	12,977	12,479	12,413	12,343	11,590	11,500	11,444	11,495	10,192	10,235	10,167	9,909
Accumulated depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,141	8,049	8,005	-	7,930	7,857	4,560	4,485	4,449	4,384	4,323	4,257	4,202	4,140	4,098	4,036	3,972	3,915	3,855	3,797	3,741	3,687	3,639	3,624	3,581	3,538	3,524	3,431	3,465	3,409	3,312
In service, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,823	18,641	18,517	-	17,810	17,590	11,019	11,023	10,881	10,795	10,719	10,709	10,328	10,284	10,226	10,202	10,114	9,679	9,630	9,179	8,738	8,726	8,703	7,966	7,919	7,905	7,970	6,760	6,769	6,758	6,596
Construction work in progress
-	-	-	-	-	-	-	-	-	-	-	-	-	-	756	723	706	-	936	899	255	191	209	183	175	149	427	369	337	315	269	604	547	921	1,200	1,032	871	1,569	1,414	1,316	1,197	2,185	2,062	1,920	1,829
Leased facilities, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	32	33	35	-	37	39	40	42	43	45	46	47	49	50	52	53	54	56	57	59	60	62	63	64	66	67	69	70	72	73	76
Property, plant, and equipment, net of accumulated depreciation and amortization of $9,042.3 and $8,878.7, respectively
23,797	23,620	23,035	22,535	22,193	22,000	21,663	21,078	21,466	21,347	20,882	20,524	19,990	19,915	19,612	19,398	19,259	19,189	18,785	18,529	11,316	11,257	11,134	11,024	10,941	10,906	10,805	10,704	10,616	10,572	10,438	10,340	10,235	10,160	9,999	9,821	9,639	9,601	9,399	9,290	9,237	9,015	8,903	8,751	8,502
Regulatory Assets, Noncurrent
3,566	3,506	3,999	4,007	4,009	3,805	3,643	3,645	2,929	2,803	3,107	3,108	3,084	3,087	3,004	3,031	3,060	3,064	2,805	2,796	1,270	1,271	1,096	1,094	1,098	1,108	1,267	1,285	1,323	1,380	1,280	1,287	1,286	1,238	1,082	1,055	1,057	1,090	1,139	1,143	1,179	1,180	1,186	1,204	1,261
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	56	109	172
Equity investment in transmission affiliates
1,717	1,720	1,720	1,696	1,670	1,665	1,613	1,596	1,598	1,553	1,560	1,544	1,513	1,443	1,453	1,425	1,422	1,380	999	987	431	424	423	416	409	402	396	390	383	378	372	362	355	349	346	341	336	330	327	323	321	314	303	293	276
Goodwill
3,052	3,052	3,052	3,052	3,052	3,052	3,052	3,052	3,052	3,053	3,053	3,053	3,046	3,046	3,046	3,046	2,999	3,023	3,389	3,386	441	441	441	441	441	441	441	441	441	441	441	441	441	441	441	441	441	441	441	441	441	441	441	441	441
Other
853	957	796	803	802	704	749	753	757	619	584	549	527	461	418	419	379	489	511	455	317	184	321	321	328	322	186	185	179	204	179	180	184	201	210	209	215	218	183	182	184	171	162	158	214
Assets, Noncurrent
32,986	32,858	32,604	32,095	31,728	31,228	30,722	30,127	29,804	29,377	29,189	28,779	28,161	27,954	-	-	-	27,148	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total deferred charges and other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,469	6,497	6,439	-	6,706	6,638	2,029	1,897	1,859	1,858	1,868	1,872	1,896	1,912	1,945	2,026	1,902	1,910	1,913	1,882	1,735	1,706	1,715	1,750	1,764	1,767	1,805	1,794	1,790	1,804	1,917
Total assets
34,832	34,951	34,377	33,934	33,737	33,475	32,562	31,937	31,785	31,590	31,013	30,559	30,016	30,123	29,443	29,175	29,104	29,355	28,769	28,614	15,135	14,905	14,724	14,619	14,800	14,769	14,372	14,317	14,295	14,285	13,834	13,887	13,821	13,862	13,249	13,076	13,188	13,059	12,718	12,693	12,721	12,697	12,420	12,298	12,617
Liabilities and Equity
Total capitalization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,010	17,766	17,804	-	17,438	17,085	8,710	8,620	8,998	8,985	8,701	8,626	8,599	8,609	8,675	8,619	8,418	8,409	8,684	8,608	8,590	8,312	8,274	7,764	7,693	7,650	8,068	7,473	7,148	7,317	7,442
Current liabilities
Short-term debt
827	830	686	1,262	1,145	1,440	1,788	1,370	1,200	1,444	993	774	670	860	789	927	896	1,095	661	826	563	617	475	410	422	537	361	335	316	394	453	559	557	669	496	542	281	657	518	520	478	825	938	780	602
Current portion of long-term debt
694	693	692	766	366	365	369	293	957	842	709	708	158	157	89	95	152	157	606	608	426	424	47	45	343	342	371	414	413	412	381	334	33	32	31	30	479	473	472	493	42	295	312	273	61
Accounts payable
597	908	769	715	674	876	690	681	592	859	743	724	582	861	663	620	584	815	777	777	291	363	315	288	435	342	296	276	257	368	277	267	239	325	274	309	269	315	254	270	279	290	263	279	441
Accrued payroll and benefits
128	199	167	159	125	185	143	130	107	169	136	140	107	163	127	134	102	169	154	135	58	95	71	70	73	96	90	75	71	100	101	89	78	105	-	-	-	88	-	-	-	-	-	-	-
Accrued taxes
-	-	-	-	-	-	217	213	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued interest
-	-	-	-	-	-	-	-	-	-	-	-	115	-	115	-	118	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amounts refundable to customers
155	87	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	15	-	66	121	168	222	234	239	310
Other
443	463	503	457	578	464	393	364	747	553	442	440	421	388	240	358	375	471	466	592	219	168	155	166	150	177	170	178	219	165	173	177	262	230	286	245	294	186	297	247	287	259	261	249	319
Liabilities, Current
2,847	3,182	2,818	3,362	2,889	3,331	3,602	3,053	3,605	3,869	3,026	2,787	2,054	2,431	2,025	2,137	2,229	2,709	2,666	2,940	1,560	1,668	1,065	980	1,424	1,496	1,291	1,280	1,278	1,441	1,387	1,428	1,171	1,364	1,089	1,143	1,340	1,721	1,609	1,652	1,255	1,894	2,009	1,821	1,735
Long-term liabilities
Long-term debt
11,194	11,211	10,897	9,921	10,326	9,994	9,119	9,209	8,617	8,746	8,785	8,799	9,143	9,158	9,088	8,902	8,955	9,124	8,727	8,547	4,169	4,170	4,569	4,587	4,348	4,363	4,370	4,383	4,441	4,453	4,240	4,297	4,602	4,614	4,618	4,334	4,339	3,932	3,935	3,942	4,396	3,875	3,631	3,820	4,074
Deferred income taxes
3,870	3,769	3,613	3,598	3,459	3,388	3,172	3,117	3,069	2,999	5,616	5,416	5,287	5,146	5,067	4,938	4,856	4,622	4,690	4,624	2,942	2,664	2,752	2,714	2,699	-2,634	2,470	2,369	2,275	-2,117	1,994	1,862	-1,791	-1,696	-1,447	-1,339	-1,267	-1,154	1,047	1,039	1,038	-1,017	950	839	814
Asset retirement obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	57	-	-	57
Accumulated deferred investment tax credits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37	-	-	41
Deferred revenue, net
428	497	502	508	514	520	525	531	538	543	549	554	561	566	569	572	576	579	588	596	604	614	627	639	651	664	676	689	702	709	714	727	740	754	767	781	795	805	791	778	764	739	687	639	545
Regulatory liabilities
3,987	3,992	4,198	4,243	4,274	4,251	3,960	3,959	3,924	3,718	1,534	1,574	1,563	1,563	1,451	1,469	1,411	1,392	1,312	1,313	820	830	839	854	874	879	830	854	853	868	872	906	911	902	918	931	924	883	880	890	896	876	949	1,014	1,084
Environmental remediation liabilities
589	589	631	631	631	616	617	617	617	617	617	622	630	633	608	617	617	628	611	-	-	32	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension and OPEB obligations
324	326	411	414	418	422	489	490	523	397	463	451	458	498	545	541	541	543	427	428	203	203	168	169	169	173	214	225	233	244	149	251	221	222	100	233	227	353	335	329	324	318	316	317	635
Other Liabilities, Noncurrent
1,106	1,128	1,116	1,106	1,109	1,108	1,233	1,203	1,191	1,206	1,194	1,171	1,161	1,164	1,167	1,132	1,067	1,071	1,034	1,626	294	270	273	275	280	295	289	288	276	285	298	302	300	314	336	333	359	376	360	352	374	283	358	348	263
Long-term liabilities
21,499	21,514	21,372	20,424	20,735	20,301	19,117	19,128	18,481	18,229	18,761	18,589	18,806	18,731	-	-	-	17,961	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total deferred credits and other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,408	9,272	9,070	-	8,664	8,588	4,865	4,615	4,661	4,654	4,675	4,646	4,482	4,427	4,342	4,224	4,029	4,050	3,964	3,889	3,570	3,620	3,574	3,574	3,415	3,390	3,397	3,330	3,262	3,159	3,440
Commitments and contingencies (Note 19)
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-
Equity [Abstract]
Common stock – $0.01 par value; 325,000,000 shares authorized; 315,434,531 shares outstanding
3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	8,456	4,510	2	4,398	4,367	4,322	4,233	4,198	4,195	4,203	4,135	4,147	4,081	4,051	3,963	3,940	3,947	3,904	3,802	3,727	3,677	3,641	3,566	3,486	3,467	3,336
Additional paid in capital
4,167	4,186	4,185	4,197	4,213	4,250	4,261	4,271	4,267	4,278	4,281	4,290	4,297	4,309	4,308	4,310	4,321	4,347	4,350	-	-	300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retained earnings
6,180	5,927	5,869	5,821	5,772	5,538	5,508	5,449	5,392	5,176	4,908	4,857	4,822	4,613	4,575	4,515	4,489	4,299	4,264	-	-	4,117	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated other comprehensive loss
-7	-4	-7	-6	-4	-2	2	2	4	2	2	2	2	2	3	4	4	4	11	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common shareholders' equity
10,344	10,113	10,051	10,016	9,984	9,788	9,775	9,725	9,667	9,461	9,195	9,152	9,125	8,929	-	-	-	8,654	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock of subsidiary
30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	81	81	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30	30
Noncontrolling interests
110	110	105	101	97	23	37	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities and Equity
34,832	34,951	34,377	33,934	33,737	33,475	32,562	31,937	31,785	31,590	31,013	30,559	30,016	30,123	29,443	29,175	29,104	29,355	28,769	28,614	15,135	14,905	14,724	14,619	14,800	14,769	14,372	14,317	14,295	14,285	13,834	13,887	13,821	13,862	13,249	13,076	13,188	13,059	12,718	12,693	12,721	12,697	12,420	12,298	12,617
Allowance for Doubtful Accounts Receivable, Current
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	128	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock, Par or Stated Value Per Share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock, Shares Authorized
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	325	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock, Shares, Outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	315	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-