WEC ENERGY GROUP INC
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
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FY2024 · Filed Feb 21, 2025
WEC$117.01-0.1%Stored close · as of Nov 10, 2026
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C. Consolidated Statements of Comprehensive Income
| (in millions) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net income | $1,524.3 | $1,331.7 | $1,409.7 |
| Other comprehensive income (loss), net of tax | |||
| Derivatives accounted for as cash flow hedges | |||
| Reclassification of realized derivative gains to net income, net of tax | (0.3) | (0.3) | (0.3) |
| Defined benefit plans | |||
| Pension and OPEB adjustments arising during the period, net of tax expense (benefit) of $0.1, $(0.2), and $(1.3), respectively | 0.1 | (0.6) | (3.5) |
| Amortization of pension and OPEB costs included in net periodic benefit cost, net of tax | 0.1 | — | 0.2 |
| Defined benefit plans, net | 0.2 | (0.6) | (3.3) |
| Other comprehensive loss, net of tax | (0.1) | (0.9) | (3.6) |
| Comprehensive income | 1,524.2 | 1,330.8 | 1,406.1 |
| Preferred stock dividends of subsidiary | 1.2 | 1.2 | 1.2 |
| Comprehensive (income) loss attributed to noncontrolling interests | 4.1 | 1.2 | (0.4) |
| Comprehensive income attributed to common shareholders | $1,527.1 | $1,330.8 | $1,404.5 |
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