$WELPP
WISCONSIN ELECTRIC POWER CO

2015 Q3 Form 10-Q Financial Statement

#000010781515000131 Filed on November 06, 2015

View on sec.gov

Income Statement

Concept 2015 Q3 2014 Q4 2014 Q3
Revenue $981.1M $989.2M $937.8M
YoY Change 4.62% -2.78%
Cost Of Revenue $350.6M
YoY Change
Gross Profit $630.5M
YoY Change
Gross Profit Margin 64.26%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $76.20M $71.40M
YoY Change 6.72% 2.73%
% of Gross Profit 12.09%
Operating Expenses
YoY Change
Operating Profit $169.8M $128.2M $156.2M
YoY Change 8.71% -5.1%
Interest Expense $30.40M $29.00M
YoY Change 4.83% -1.02%
% of Operating Profit 17.9% 18.57%
Other Income/Expense, Net -$12.50M -$11.70M
YoY Change 6.84% -354.35%
Pretax Income $157.3M $144.5M
YoY Change 8.86% -6.77%
Income Tax $56.90M $54.40M
% Of Pretax Income 36.17% 37.65%
Net Earnings $100.4M $90.10M
YoY Change 11.43% -9.17%
Net Earnings / Revenue 10.23% 9.61%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 33.29M shares 33.29M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q3 2014 Q4 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $10.70M $24.00M $15.40M
Short-Term Investments
Other Short-Term Assets $19.00M
YoY Change 118.39%
Inventory
Prepaid Expenses $98.90M $139.5M
Receivables $265.3M $277.5M
Other Receivables
Total Short-Term Assets $979.9M $999.5M $862.1M
YoY Change 13.66% -10.26% -10.48%
LONG-TERM ASSETS
Property, Plant & Equipment $9.590B $9.494B $9.411B
YoY Change 1.91% 2.28% 2.03%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $387.7M $372.9M
YoY Change
Other Assets $160.7M $106.3M $155.7M
YoY Change 3.21% -35.38% 5.92%
Total Long-Term Assets $11.85B $11.60B $11.39B
YoY Change 4.08% 3.81% 1.73%
TOTAL ASSETS
Total Short-Term Assets $979.9M $999.5M $862.1M
Total Long-Term Assets $11.85B $11.60B $11.39B
Total Assets $12.83B $12.60B $12.25B
YoY Change 4.76% 2.54% 0.76%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $257.6M $287.2M $249.7M
YoY Change 3.16% 4.89% -1.85%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $81.00M $306.8M
YoY Change
Long-Term Debt Due $355.6M
YoY Change 18.53%
Total Short-Term Liabilities $1.079B $1.261B $866.6M
YoY Change 24.51% 8.85% -11.14%
LONG-TERM LIABILITIES
Long-Term Debt $2.415B $2.163B $2.415B
YoY Change 0.0% -0.21% 11.45%
Other Long-Term Liabilities $239.8M $230.6M $204.8M
YoY Change 17.09% 3.78% -5.45%
Total Long-Term Liabilities $2.655B $2.393B $2.620B
YoY Change 1.34% 0.16% 9.92%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.079B $1.261B $866.6M
Total Long-Term Liabilities $2.655B $2.393B $2.620B
Total Liabilities $3.734B $3.654B $3.486B
YoY Change 7.1% 3.0% 3.81%
SHAREHOLDERS EQUITY
Retained Earnings $2.212B $2.096B
YoY Change -0.63%
Common Stock $332.9M $1.317B $3.396B
YoY Change -90.2% -69.87% -0.91%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.443B
YoY Change
Total Liabilities & Shareholders Equity $12.83B $12.60B $12.25B
YoY Change 4.76% 2.54% 0.76%

Cashflow Statement

Concept 2015 Q3 2014 Q4 2014 Q3
OPERATING ACTIVITIES
Net Income $100.4M $90.10M
YoY Change 11.43% -9.17%
Depreciation, Depletion And Amortization $76.20M $71.40M
YoY Change 6.72% 2.73%
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
dei Document Period End Date
DocumentPeriodEndDate
2015-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000107815
CY2015Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
33289327 shares
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2015Q2 dei Entity Public Float
EntityPublicFloat
26900000 USD
dei Entity Registrant Name
EntityRegistrantName
WISCONSIN ELECTRIC POWER CO
dei Entity Voluntary Filers
EntityVoluntaryFilers
No
dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2014Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
488400000 USD
CY2015Q3 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
434500000 USD
CY2014Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
287200000 USD
CY2015Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
257600000 USD
CY2014Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
6000000 USD
CY2015Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
55800000 USD
CY2014Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3406100000 USD
CY2015Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3531600000 USD
CY2014Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
984400000 USD
CY2015Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
997100000 USD
CY2014Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
46800000 USD
CY2015Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
47000000 USD
CY2014Q4 us-gaap Assets
Assets
12646700000 USD
CY2015Q3 us-gaap Assets
Assets
12830200000 USD
CY2014Q4 us-gaap Assets Current
AssetsCurrent
1046200000 USD
CY2015Q3 us-gaap Assets Current
AssetsCurrent
979900000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
4800000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
5000000 USD
CY2014Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
2712500000 USD
CY2015Q3 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
2689800000 USD
CY2014Q4 us-gaap Capital Leases Balance Sheet Assets By Major Class Net
CapitalLeasesBalanceSheetAssetsByMajorClassNet
2215000000 USD
CY2015Q3 us-gaap Capital Leases Balance Sheet Assets By Major Class Net
CapitalLeasesBalanceSheetAssetsByMajorClassNet
2151700000 USD
CY2014Q4 us-gaap Capitalization Longterm Debt And Equity
CapitalizationLongtermDebtAndEquity
8321200000 USD
CY2015Q3 us-gaap Capitalization Longterm Debt And Equity
CapitalizationLongtermDebtAndEquity
8677100000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
25100000 USD
CY2014Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
15400000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
24000000 USD
CY2015Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10700000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-9700000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-13300000 USD
CY2014Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
10
CY2015Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
65000000 shares
CY2015Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
33289327 shares
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
332900000 USD
CY2015Q3 us-gaap Common Stock Value
CommonStockValue
332900000 USD
CY2014Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
140900000 USD
CY2015Q3 us-gaap Construction In Progress Gross
ConstructionInProgressGross
169200000 USD
CY2014Q3 us-gaap Cost Of Domestic Regulated Gas Revenue
CostOfDomesticRegulatedGasRevenue
27700000 USD
us-gaap Cost Of Domestic Regulated Gas Revenue
CostOfDomesticRegulatedGasRevenue
327800000 USD
CY2015Q3 us-gaap Cost Of Domestic Regulated Gas Revenue
CostOfDomesticRegulatedGasRevenue
21400000 USD
us-gaap Cost Of Domestic Regulated Gas Revenue
CostOfDomesticRegulatedGasRevenue
189100000 USD
CY2014Q3 us-gaap Cost Of Purchased Power
CostOfPurchasedPower
338200000 USD
us-gaap Cost Of Purchased Power
CostOfPurchasedPower
951800000 USD
CY2015Q3 us-gaap Cost Of Purchased Power
CostOfPurchasedPower
329200000 USD
us-gaap Cost Of Purchased Power
CostOfPurchasedPower
901000000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
125600000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
49400000 USD
CY2014Q4 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
46700000 USD
CY2015Q3 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
61000000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
1963900000 USD
CY2015Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
2022700000 USD
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
226200000 USD
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
239600000 USD
CY2014Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
71400000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
210800000 USD
CY2015Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
76200000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
226500000 USD
CY2014Q4 us-gaap Derivative Asset Fair Value Gross Asset Including Not Subject To Master Netting Arrangement
DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement
12600000 USD
CY2015Q3 us-gaap Derivative Asset Fair Value Gross Asset Including Not Subject To Master Netting Arrangement
DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement
4400000 USD
CY2014Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
6900000 USD
CY2015Q3 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
11000000 USD
CY2014Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
1500000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
17100000 USD
CY2015Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
500000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-3500000 USD
CY2014Q4 us-gaap Derivative Instruments And Hedges
DerivativeInstrumentsAndHedges
12000000 USD
CY2015Q3 us-gaap Derivative Instruments And Hedges
DerivativeInstrumentsAndHedges
4200000 USD
CY2014Q4 us-gaap Derivative Instruments And Hedges Liabilities Noncurrent
DerivativeInstrumentsAndHedgesLiabilitiesNoncurrent
700000 USD
CY2015Q3 us-gaap Derivative Instruments And Hedges Liabilities Noncurrent
DerivativeInstrumentsAndHedgesLiabilitiesNoncurrent
1700000 USD
CY2014Q4 us-gaap Derivative Instruments And Hedges Noncurrent
DerivativeInstrumentsAndHedgesNoncurrent
600000 USD
CY2015Q3 us-gaap Derivative Instruments And Hedges Noncurrent
DerivativeInstrumentsAndHedgesNoncurrent
200000 USD
CY2014Q4 us-gaap Derivative Liability Fair Value Gross Liability Including Not Subject To Master Netting Arrangement
DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement
7300000 USD
CY2015Q3 us-gaap Derivative Liability Fair Value Gross Liability Including Not Subject To Master Netting Arrangement
DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement
11300000 USD
CY2014Q3 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
300000 USD
us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
900000 USD
CY2015Q3 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
300000 USD
us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
900000 USD
CY2014Q4 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
8100000 USD
CY2015Q3 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
37500000 USD
CY2014Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
87800000 USD
CY2015Q3 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
95600000 USD
CY2014Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
87100000 USD
CY2015Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
77500000 USD
CY2014Q4 us-gaap Energy Related Inventory
EnergyRelatedInventory
320500000 USD
CY2015Q3 us-gaap Energy Related Inventory
EnergyRelatedInventory
321900000 USD
CY2014Q4 us-gaap Equity Method Investments
EquityMethodInvestments
372900000 USD
CY2015Q3 us-gaap Equity Method Investments
EquityMethodInvestments
387700000 USD
CY2014Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
0 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
15600000 USD
CY2015Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
0 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
3900000 USD
CY2014Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
-4000000 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
-9000000 USD
CY2015Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
-1100000 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
-8400000 USD
CY2013Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
3500000 USD
CY2014Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
14100000 USD
CY2014Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
10100000 USD
CY2014Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
7000000 USD
CY2015Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
3600000 USD
CY2015Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
2500000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
144500000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
489000000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
157300000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
465400000 USD
CY2014Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
15900000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
46400000 USD
CY2015Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
15700000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
42100000 USD
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
54400000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
181300000 USD
CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
56900000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
168400000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
15700000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
58700000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-7400000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-28100000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-136000000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-27500000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
28800000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
51300000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-36000000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-36600000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
51400000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
59400000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-24100000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
900000 USD
CY2014Q3 us-gaap Interest Expense
InterestExpense
29000000 USD
us-gaap Interest Expense
InterestExpense
87600000 USD
CY2015Q3 us-gaap Interest Expense
InterestExpense
30400000 USD
us-gaap Interest Expense
InterestExpense
88600000 USD
us-gaap Interest Paid Net
InterestPaidNet
65600000 USD
us-gaap Interest Paid Net
InterestPaidNet
60600000 USD
CY2015Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
18000000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
12646700000 USD
CY2015Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
12830200000 USD
CY2014Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1260600000 USD
CY2015Q3 us-gaap Liabilities Current
LiabilitiesCurrent
1079000000 USD
CY2015Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
401000000 USD
CY2014Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
355600000 USD
CY2015Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
369100000 USD
CY2014Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2165500000 USD
CY2015Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2415100000 USD
CY2014Q4 us-gaap Long Term Investments
LongTermInvestments
373100000 USD
CY2015Q3 us-gaap Long Term Investments
LongTermInvestments
388000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-378300000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-151500000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-399400000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-370700000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
768000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
508900000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
90100000 USD
us-gaap Net Income Loss
NetIncomeLoss
307700000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
100400000 USD
us-gaap Net Income Loss
NetIncomeLoss
297000000 USD
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
89800000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
306800000 USD
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
100100000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
296100000 USD
CY2014Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-11700000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-33200000 USD
CY2015Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-12500000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-37800000 USD
CY2014Q4 us-gaap Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
22400000 USD
CY2015Q3 us-gaap Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
19700000 USD
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
156200000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
522200000 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
169800000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
503200000 USD
CY2014Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
106300000 USD
CY2015Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
160700000 USD
CY2014Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
781600000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
2548000000 USD
CY2015Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
811300000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
2445500000 USD
CY2014Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
1626900000 USD
CY2015Q3 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
1711200000 USD
CY2014Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
615900000 USD
CY2014Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
107700000 USD
CY2015Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
122700000 USD
CY2014Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
230600000 USD
CY2015Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
239800000 USD
CY2014Q4 us-gaap Other Long Term Investments
OtherLongTermInvestments
200000 USD
CY2015Q3 us-gaap Other Long Term Investments
OtherLongTermInvestments
300000 USD
CY2014Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1400000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
8000000 USD
CY2015Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2200000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
8700000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-3100000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-1600000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
330000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
180000000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
900000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
900000 USD
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
9200000 USD
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
3500000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
377700000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
350200000 USD
us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
9400000 USD
us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
105900000 USD
CY2014Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
254500000 USD
CY2015Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
195000000 USD
us-gaap Pension Contributions
PensionContributions
0 USD
us-gaap Pension Contributions
PensionContributions
100000000 USD
CY2014Q4 us-gaap Preferred Stock Value
PreferredStockValue
30400000 USD
CY2015Q3 us-gaap Preferred Stock Value
PreferredStockValue
30400000 USD
CY2014Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
19000000 USD
CY2015Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
15400000 USD
CY2014Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
139500000 USD
CY2015Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
98900000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
250000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
250000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
6500000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
5200000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-3900000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-225800000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9494200000 USD
CY2015Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9590400000 USD
CY2014Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
10544400000 USD
CY2015Q3 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
10801100000 USD
CY2014Q4 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
7138300000 USD
CY2015Q3 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
7269500000 USD
CY2015Q3 us-gaap Purchase Obligation
PurchaseObligation
10632800000 USD
CY2015Q3 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
616600000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
300000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2095500000 USD
CY2015Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2211800000 USD
CY2014Q3 us-gaap Revenues
Revenues
937800000 USD
us-gaap Revenues
Revenues
3070200000 USD
CY2015Q3 us-gaap Revenues
Revenues
981100000 USD
us-gaap Revenues
Revenues
2948700000 USD
CY2014Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
306800000 USD
CY2015Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
81000000 USD
CY2014Q3 us-gaap Taxes Other
TaxesOther
28500000 USD
us-gaap Taxes Other
TaxesOther
85400000 USD
CY2015Q3 us-gaap Taxes Other
TaxesOther
29200000 USD
us-gaap Taxes Other
TaxesOther
88000000 USD
CY2014Q3 us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
315800000 USD
us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
972200000 USD
CY2015Q3 us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
355300000 USD
us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
1040900000 USD
wec Costof Removal Netof Salvage
CostofRemovalNetofSalvage
15600000 USD
wec Costof Removal Netof Salvage
CostofRemovalNetofSalvage
18600000 USD
CY2014Q4 wec Derivative Instruments And Hedges Liabilities Gross Current
DerivativeInstrumentsAndHedgesLiabilitiesGrossCurrent
6600000 USD
CY2015Q3 wec Derivative Instruments And Hedges Liabilities Gross Current
DerivativeInstrumentsAndHedgesLiabilitiesGrossCurrent
9600000 USD
CY2015Q2 wec Durationofearningscapconditionimposedbythe Pscw
DurationofearningscapconditionimposedbythePSCW
P3Y
CY2015Q2 wec Percentage Of First50 Basis Points Shared With Customers
PercentageOfFirst50BasisPointsSharedWithCustomers
0.5
CY2015Q2 wec Percentageof Integryscommonsharesacquired
PercentageofIntegryscommonsharesacquired
1.00
CY2015Q2 wec Ro Einexcessofauthorizedamount
ROEinexcessofauthorizedamount
0.005
CY2014Q4 wec Total Deferred Charges And Other Assets
TotalDeferredChargesAndOtherAssets
1733200000 USD
CY2015Q3 wec Total Deferred Charges And Other Assets
TotalDeferredChargesAndOtherAssets
1871900000 USD
CY2014Q4 wec Total Deferred Credits And Other Liabilities
TotalDeferredCreditsAndOtherLiabilities
3064900000 USD
CY2015Q3 wec Total Deferred Credits And Other Liabilities
TotalDeferredCreditsAndOtherLiabilities
3074100000 USD
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:11pt;"><font style="font-family:Calibri,sans-serif;font-size:11pt;font-weight:bold;">NEW ACCOUNTING PRONOUNCEMENTS</font><font style="font-family:Calibri,sans-serif;font-size:11pt;font-weight:bold;"> </font></div><div style="line-height:120%;font-size:11pt;"><font style="font-family:Calibri,sans-serif;font-size:11pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Calibri,sans-serif;font-size:11pt;font-weight:bold;">Revenue Recognition</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Calibri,sans-serif;font-size:11pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:Calibri,sans-serif;font-size:10pt;">In May 2014, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board issued their joint revenue recognition standard, Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers. The guidance is based on the principle that revenue is recognized when promised goods or services are transferred to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. This guidance is effective for fiscal years and interim periods beginning after December 15, 2017, with early adoption for fiscal years and interim periods beginning after December 15, 2016, permitted. The standard can either be applied retrospectively or as a cumulative-effect adjustment as of the date of adoption. We are currently assessing the effects this guidance may have on our consolidated financial statements.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:Calibri,sans-serif;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Calibri,sans-serif;font-size:11pt;font-weight:bold;">Debt Issuance Costs</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Calibri,sans-serif;font-size:11pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:Calibri,sans-serif;font-size:10pt;">In April 2015, the FASB issued ASU 2015-03, Simplifying the Presentation of Debt Issuance Costs. The guidance requires debt issuance costs to be presented on the balance sheet as a reduction to the carrying value of the corresponding debt, rather than as an asset as it is currently presented. This guidance is effective for fiscal years and interim periods beginning after December 15, 2015. The standard requires retrospective application by restating each prior period presented in the financial statements. We are currently assessing the effects this guidance may have on our consolidated financial statements.</font></div></div>

Files In Submission

Name View Source Status
0000107815-15-000131-index-headers.html Edgar Link pending
0000107815-15-000131-index.html Edgar Link pending
0000107815-15-000131.txt Edgar Link pending
0000107815-15-000131-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
wec-20150930.xml Edgar Link completed
wec-20150930.xsd Edgar Link pending
wec-20150930_cal.xml Edgar Link unprocessable
wec-20150930_def.xml Edgar Link unprocessable
wec-20150930_lab.xml Edgar Link unprocessable
wec-20150930_pre.xml Edgar Link unprocessable
wepco0930201510q.htm Edgar Link pending
wepco09302015ex121.htm Edgar Link pending
wepco09302015ex311.htm Edgar Link pending
wepco09302015ex312.htm Edgar Link pending
wepco09302015ex321.htm Edgar Link pending
wepco09302015ex322.htm Edgar Link pending