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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
OPERATING REVENUES        
Electric Utility operating revenues $ 574.6 $ 528.0 $ 1,030.1 $ 954.7
Natural Gas Midstream Operations operating revenues (Note 1) 159.6 327.0 605.5 741.0
Total operating revenues 734.2 855.0 1,635.6 1,695.7
COST OF GOODS SOLD (exclusive of depreciation and amortization shown below)        
Electric Utility cost of goods sold 242.8 192.7 442.2 376.3
Natural Gas Midstream Operations cost of goods sold (Note 1) 127.8 216.6 481.4 518.3
Total cost of goods sold 370.6 409.3 923.6 894.6
Gross margin on revenues 363.6 445.7 712.0 801.1
OPERATING EXPENSES        
Other operation and maintenance 122.0 153.0 270.0 300.6
Depreciation and amortization 74.4 90.5 166.3 177.1
Impairment of assets 0 0.1 0 0.3
Gain on insurance proceeds 0 0 0 (7.5)
Taxes other than income 23.3 24.8 56.4 55.0
Total operating expenses 219.7 268.4 492.7 525.5
OPERATING INCOME 143.9 177.3 219.3 275.6
OTHER INCOME (EXPENSE)        
Equity in earnings of unconsolidated affiliates (Note 1) 18.5 0 18.5 0
Allowance for equity funds used during construction 1.5 1.7 2.7 3.6
Other income 4.5 2.5 19.2 10.2
Other expense (4.2) (3.6) (10.7) (5.5)
Net other income 20.3 0.6 29.7 8.3
INTEREST EXPENSE        
Interest on long-term debt 36.0 38.9 75.7 78.1
Allowance for borrowed funds used during construction (0.7) (0.9) (1.4) (2.0)
Interest on short-term debt and other interest charges 2.0 2.4 4.2 4.4
Interest expense 37.3 40.4 78.5 80.5
INCOME BEFORE TAXES 126.9 137.5 170.5 203.4
INCOME TAX EXPENSE 33.9 35.9 49.5 54.3
NET INCOME 93.0 101.6 121.0 149.1
Less: Net income attributable to noncontrolling interests 1.3 7.7 6.2 18.1
NET INCOME ATTRIBUTABLE TO OGE ENERGY $ 91.7 $ 93.9 $ 114.8 $ 131.0
BASIC AVERAGE COMMON SHARES OUTSTANDING 198.3 197.2 198.0 196.8
DILUTED AVERAGE COMMON SHARES OUTSTANDING 199.4 197.8 199.1 197.6
BASIC EARNINGS PER AVERAGE COMMON SHARE ATTRIBUTABLE TO OGE ENERGY COMMON SHAREHOLDERS $ 0.46 $ 0.48 $ 0.58 $ 0.66
DILUTED EARNINGS PER AVERAGE COMMON SHARE ATTRIBUTABLE TO OGE ENERGY COMMON SHAREHOLDERS $ 0.46 $ 0.47 $ 0.58 $ 0.66
DIVIDENDS DECLARED PER COMMON SHARE $ 0.20875 $ 0.19625 $ 0.4175 $ 0.3925