v3.25.4
SEGMENT INFORMATION - Summarized Financial Information (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting Information [Line Items]      
Revenues $ 28,479,697 $ 23,672,795 $ 20,882,206
Segment operating expense (excluding segment depreciation expense) 25,385,596 21,163,879 18,754,901
Segment depreciation expense 391,198 335,678 300,379
Segment operating expenses 25,776,794 21,499,557 19,055,280
Equity in earnings of integral unconsolidated affiliates 55,635 50,484 41,609
Segment operating income 2,758,538 2,223,722 1,868,535
Corporate and non-allocated costs (1,147,029) (877,254) (740,559)
Operating income 1,611,509 1,346,468 1,127,976
Non-cash stock compensation expense 181,947 150,526 126,762
Corporate and Non-Allocated      
Segment Reporting Information [Line Items]      
Amortization expense 498,800 383,000 289,000
Non-cash stock compensation expense 181,900 150,500 126,800
Electric      
Segment Reporting Information [Line Items]      
Revenues 23,001,468 19,012,379 15,867,198
Segment operating expense (excluding segment depreciation expense) 20,411,709 16,855,409 14,195,394
Segment depreciation expense 285,132 248,762 222,855
Segment operating expenses 20,696,841 17,104,171 14,418,249
Equity in earnings of integral unconsolidated affiliates 55,635 50,484 41,609
Segment operating income $ 2,360,262 $ 1,958,692 $ 1,490,558
Segment operating margin (percent) 10.30% 10.30% 9.40%
Electric | Termination Of The Peru Telecommunications Project      
Segment Reporting Information [Line Items]      
Revenues   $ 30,200  
Segment operating income   20,700  
Underground and Infrastructure      
Segment Reporting Information [Line Items]      
Revenues $ 5,478,229 4,660,416 $ 5,015,008
Segment operating expense (excluding segment depreciation expense) 4,973,887 4,308,470 4,559,507
Segment depreciation expense 106,066 86,916 77,524
Segment operating expenses 5,079,953 4,395,386 4,637,031
Equity in earnings of integral unconsolidated affiliates 0 0 0
Segment operating income $ 398,276 $ 265,030 $ 377,977
Segment operating margin (percent) 7.30% 5.70% 7.50%
Loss on disposition of business   $ 11,900