WEC ENERGY GROUP INC
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
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FY2023 · Filed Feb 22, 2024
WEC$117.15+1.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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F. Consolidated Statements of Equity
| WEC Energy Group Common Shareholders' Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Common Stock | Additional Paid In Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Total Common Shareholders' Equity | Preferred Stock of Subsidiary | Non-controlling Interests | Total Equity | |
| (in millions, except per share amounts) | ||||||||
| Balance at December 31, 2020 | $3.2 | $4,143.7 | $6,329.6 | $(6.8) | $10,469.7 | $30.4 | $162.4 | $10,662.5 |
| Net income attributed to common shareholders | — | — | 1,300.3 | — | 1,300.3 | — | — | 1,300.3 |
| Net loss attributed to noncontrolling interests | — | — | — | — | — | — | (3.0) | (3.0) |
| Other comprehensive income | — | — | — | 3.6 | 3.6 | — | — | 3.6 |
| Common stock dividends of $2.71 per share | — | — | (854.8) | — | (854.8) | — | — | (854.8) |
| Exercise of stock options | — | 15.7 | — | — | 15.7 | — | — | 15.7 |
| Purchase of common stock | — | (33.1) | — | — | (33.1) | — | — | (33.1) |
| Acquisition of noncontrolling interests | — | — | — | — | — | — | 6.3 | 6.3 |
| Capital contributions from noncontrolling interest | — | — | — | — | — | — | 7.6 | 7.6 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (4.1) | (4.1) |
| Stock-based compensation and other | — | 11.8 | — | — | 11.8 | — | 0.5 | 12.3 |
| Balance at December 31, 2021 | $3.2 | $4,138.1 | $6,775.1 | $(3.2) | $10,913.2 | $30.4 | $169.7 | $11,113.3 |
| Net income attributed to common shareholders | — | — | 1,408.1 | — | 1,408.1 | — | — | 1,408.1 |
| Net income attributed to noncontrolling interests | — | — | — | — | — | — | 0.4 | 0.4 |
| Other comprehensive loss | — | — | — | (3.6) | (3.6) | — | — | (3.6) |
| Common stock dividends of $2.91 per share | — | — | (917.9) | — | (917.9) | — | — | (917.9) |
| Exercise of stock options | — | 33.6 | — | — | 33.6 | — | — | 33.6 |
| Purchase of common stock | — | (69.2) | — | — | (69.2) | — | — | (69.2) |
| Acquisition of noncontrolling interests | — | — | — | — | — | — | 42.5 | 42.5 |
| Capital contributions from noncontrolling interest | — | — | — | — | — | — | 1.1 | 1.1 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (4.3) | (4.3) |
| Stock-based compensation and other | — | 12.7 | — | — | 12.7 | — | (0.1) | 12.6 |
| Balance at December 31, 2022 | $3.2 | $4,115.2 | $7,265.3 | $(6.8) | $11,376.9 | $30.4 | $209.3 | $11,616.6 |
| Net income attributed to common shareholders | — | — | 1,331.7 | — | 1,331.7 | — | — | 1,331.7 |
| Net loss attributed to noncontrolling interests | — | — | — | — | — | — | (1.2) | (1.2) |
| Other comprehensive loss | — | — | — | (0.9) | (0.9) | — | — | (0.9) |
| Common stock dividends of $3.12 per share | — | — | (984.2) | — | (984.2) | — | — | (984.2) |
| Exercise of stock options | — | 6.3 | — | — | 6.3 | — | — | 6.3 |
| Purchase of common stock | — | (16.6) | — | — | (16.6) | — | — | (16.6) |
| Acquisition of noncontrolling interests | — | — | — | — | — | — | 114.9 | 114.9 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (6.0) | (6.0) |
| Stock-based compensation and other | — | 11.0 | — | — | 11.0 | — | (0.1) | 10.9 |
| Balance at December 31, 2023 | $3.2 | $4,115.9 | $7,612.8 | $(7.7) | $11,724.2 | $30.4 | $316.9 | $12,071.5 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.