WEC ENERGY GROUP INC
For the period ended Sep 30, 2024. Filed Nov 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 1, 2024
WEC$117.01-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Equity
| CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (Unaudited) | ||||||||
|---|---|---|---|---|---|---|---|---|
| WEC Energy Group Common Shareholders' Equity | ||||||||
| (in millions, except per share amounts) | Common Stock | Additional Paid In Capital | Retained Earnings | Accumulated Other Comprehensive Loss | Total Common Shareholders' Equity | Preferred Stock of Subsidiary | Non-controlling Interests | Total Equity |
| 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 |
| Net income attributed to common shareholders | — | — | 622.3 | — | 622.3 | — | — | 622.3 |
| Other comprehensive loss | — | — | — | (0.1) | (0.1) | — | — | (0.1) |
| Issuance of common stock | — | 19.2 | — | — | 19.2 | — | — | 19.2 |
| Common stock dividends of $0.8350 per share | — | — | (263.5) | — | (263.5) | — | — | (263.5) |
| Exercise of stock options | — | 3.7 | — | — | 3.7 | — | — | 3.7 |
| Purchase of common stock | — | (2.0) | — | — | (2.0) | — | — | (2.0) |
| Purchase of additional ownership interest in Samson I from noncontrolling interest | — | 4.3 | — | — | 4.3 | — | (32.4) | (28.1) |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (1.5) | (1.5) |
| Stock-based compensation and other | — | 4.6 | — | — | 4.6 | — | — | 4.6 |
| Balance at March 31, 2024 | $3.2 | $4,145.7 | $7,971.6 | $(7.8) | $12,112.7 | $30.4 | $283.0 | $12,426.1 |
| Net income attributed to common shareholders | — | — | 211.3 | — | 211.3 | — | — | 211.3 |
| Net loss attributed to noncontrolling interests | — | — | — | — | — | — | (1.6) | (1.6) |
| Issuance of common stock | — | 19.0 | — | — | 19.0 | — | — | 19.0 |
| Common stock dividends of $0.8350 per share | — | — | (263.7) | — | (263.7) | — | — | (263.7) |
| Exercise of stock options | — | 1.0 | — | — | 1.0 | — | — | 1.0 |
| Purchase of common stock | — | (1.2) | — | — | (1.2) | — | — | (1.2) |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (0.3) | (0.3) |
| Stock-based compensation and other | — | 3.8 | — | — | 3.8 | — | — | 3.8 |
| Balance at June 30, 2024 | $3.2 | $4,168.3 | $7,919.2 | $(7.8) | $12,082.9 | $30.4 | $281.1 | $12,394.4 |
| Net income attributed to common shareholders | — | — | 240.1 | — | 240.1 | — | — | 240.1 |
| Net loss attributed to noncontrolling interests | — | — | — | — | — | — | (1.8) | (1.8) |
| Other comprehensive loss | — | — | — | (0.1) | (0.1) | — | — | (0.1) |
| Issuance of common stock | — | 12.8 | — | — | 12.8 | — | — | 12.8 |
| Common stock dividends of $0.8350 per share | — | — | (264.0) | — | (264.0) | — | — | (264.0) |
| Exercise of stock options | — | 8.7 | — | — | 8.7 | — | — | 8.7 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (0.5) | (0.5) |
| Stock-based compensation and other | — | 1.6 | — | — | 1.6 | — | — | 1.6 |
| Balance at September 30, 2024 | $3.2 | $4,191.4 | $7,895.3 | $(7.9) | $12,082.0 | $30.4 | $278.8 | $12,391.2 |
| 09/30/2024 Form 10-Q | 8 | WEC Energy Group, Inc. |
|---|
| WEC Energy Group Common Shareholders' Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| (in millions, except per share amounts) | Common Stock | Additional Paid In Capital | Retained Earnings | Accumulated Other Comprehensive Loss | Total Common Shareholders' Equity | Preferred Stock of Subsidiary | Non-controlling Interests | Total Equity |
| 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 | — | — | 507.5 | — | 507.5 | — | — | 507.5 |
| Net loss attributed to noncontrolling interests | — | — | — | — | — | — | (0.2) | (0.2) |
| Other comprehensive loss | — | — | — | (0.1) | (0.1) | — | — | (0.1) |
| Common stock dividends of $0.7800 per share | — | — | (246.1) | — | (246.1) | — | — | (246.1) |
| Exercise of stock options | — | 0.9 | — | — | 0.9 | — | — | 0.9 |
| Purchase of common stock | — | (6.9) | — | — | (6.9) | — | — | (6.9) |
| Acquisition of noncontrolling interests | — | — | — | — | — | — | 112.9 | 112.9 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (1.3) | (1.3) |
| Stock-based compensation and other | — | 4.4 | — | — | 4.4 | — | — | 4.4 |
| Balance at March 31, 2023 | $3.2 | $4,113.6 | $7,526.7 | $(6.9) | $11,636.6 | $30.4 | $320.7 | $11,987.7 |
| Net income attributed to common shareholders | — | — | 289.7 | — | 289.7 | — | — | 289.7 |
| Common stock dividends of $0.7800 per share | — | — | (246.0) | — | (246.0) | — | — | (246.0) |
| Exercise of stock options | — | 1.4 | — | — | 1.4 | — | — | 1.4 |
| Purchase of common stock | — | (2.6) | — | — | (2.6) | — | — | (2.6) |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (1.0) | (1.0) |
| Stock-based compensation and other | — | 2.3 | — | — | 2.3 | — | (0.1) | 2.2 |
| Balance at June 30, 2023 | $3.2 | $4,114.7 | $7,570.4 | $(6.9) | $11,681.4 | $30.4 | $319.6 | $12,031.4 |
| Net income attributed to common shareholders | — | — | 316.0 | — | 316.0 | — | — | 316.0 |
| Net loss attributed to noncontrolling interests | — | — | — | — | — | — | (0.7) | (0.7) |
| Other comprehensive loss | — | — | — | (0.1) | (0.1) | — | — | (0.1) |
| Common stock dividends of $0.7800 per share | — | — | (246.0) | — | (246.0) | — | — | (246.0) |
| Exercise of stock options | — | 0.7 | — | — | 0.7 | — | — | 0.7 |
| Purchase of common stock | — | (1.2) | — | — | (1.2) | — | — | (1.2) |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (2.0) | (2.0) |
| Stock-based compensation and other | — | 2.2 | — | — | 2.2 | — | — | 2.2 |
| Balance at September 30, 2023 | $3.2 | $4,116.4 | $7,640.4 | $(7.0) | $11,753.0 | $30.4 | $316.9 | $12,100.3 |
| 09/30/2024 Form 10-Q | 9 | WEC Energy Group, Inc. |
|---|
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.