WEC Energy Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	27.6	9.8	42.9	28.9	16.3
Accounts Receivable	2,063	1,669	1,503	1,818	1,506
Inventory	803.4	813.2	775.2	807.1	635.8
Prepaid Expenses	271.2	297.5	250.7	271.6	245.5
Restricted Cash	-	5.3	70.1	25.6	19.6
Other Current Assets	119.8	116.6	153.6	236.1	233.8
Total Current Assets	3,285	2,912	2,796	3,188	2,657
Property, Plant & Equipment	38,278	34,678	31,614	29,130	27,002
Regulatory Assets	3,156	3,340	3,250	3,265	3,265
Goodwill	3,053	3,053	3,053	3,053	3,053
Other Intangible Assets	-	34.5	34.5	24.9	5.7
Long-Term Investments	2,280	2,109	2,006	1,909	1,789
Other Long-Term Assets	1,466	1,238	1,188	1,303	1,217
Total Assets	51,518	47,363	43,940	41,872	38,989
Accounts Payable	1,140	1,137	896.6	1,198	1,006
Short-Term Debt	1,925	1,117	2,021	1,647	1,897
Current Portion of Long-Term Debt	1,519	1,729	1,264	808.5	91
Current Portion of Leases	-	4.5	4.7	76.7	82.1
Other Current Liabilities	1,009	854.9	928.4	880.6	677.2
Total Current Liabilities	5,593	4,842	5,115	4,611	3,753
Long-Term Debt	18,498	17,178	15,367	14,656	13,472
Long-Term Leases	372	340.8	184.7	135.9	80.4
Long-Term Unearned Revenue	314.2	334.6	356.4	370.7	389.2
Pension & Post-Retirement Benefits	-	-	-	171.6	219
Long-Term Deferred Tax Liabilities	5,892	5,515	4,919	4,626	4,309
Other Long-Term Liabilities	6,796	6,351	5,927	5,685	5,653
Total Liabilities	37,466	34,561	31,868	30,256	27,875
Common Stock	3.3	3.2	3.2	3.2	3.2
Additional Paid-In Capital	5,124	4,316	4,116	4,115	4,138
Retained Earnings	8,494	8,084	7,613	7,265	6,775
Comprehensive Income & Other	-7.6	-7.8	-7.7	-6.8	-3.2
Total Common Equity	13,614	12,395	11,724	11,377	10,913
Minority Interest	439.2	406.9	347.3	239.7	200.1
Shareholders' Equity	14,053	12,802	12,072	11,617	11,113
Total Liabilities & Equity	51,518	47,363	43,940	41,872	38,989
Total Debt	22,314	20,369	18,841	17,324	15,623
Net Cash (Debt)	-22,287	-20,359	-18,799	-17,295	-15,607
Net Cash Per Share	-68.83	-64.33	-59.51	-54.71	-49.34
Filing Date Shares Outstanding	325.46	317.75	315.56	315.43	315.43
Total Common Shares Outstanding	325.46	317.68	315.43	315.43	315.43
Working Capital	-2,309	-1,930	-2,319	-1,423	-1,096
Book Value Per Share	41.83	39.02	37.17	36.07	34.60
Tangible Book Value	10,561	9,308	8,637	8,299	7,855
Tangible Book Value Per Share	32.45	29.30	27.38	26.31	24.90
Machinery	-	39,953	36,693	33,691	33,441
Construction In Progress	-	1,695	1,154	1,054	435.8

Source: S&P Global Market Intelligence. Utility template. Financial Sources.