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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
OPERATING REVENUES        
Electric Utility operating revenues $ 723.2 $ 721.0 $ 1,753.3 $ 1,675.7
Natural Gas Midstream Operations operating revenues (Note 1) 0 392.4 605.5 1,133.4
Total operating revenues 723.2 1,113.4 2,358.8 2,809.1
COST OF GOODS SOLD (exclusive of depreciation and amortization shown below)        
Electric Utility cost of goods sold 273.0 259.8 715.2 636.1
Natural Gas Midstream Operations cost of goods sold (Note 1) 0 279.8 481.4 798.1
Total cost of goods sold 273.0 539.6 1,196.6 1,434.2
Gross margin on revenues 450.2 573.8 1,162.2 1,374.9
OPERATING EXPENSES        
Other operation and maintenance 102.2 147.1 372.2 447.7
Depreciation and amortization 65.4 93.0 231.7 270.1
Impairment of assets 0 0 0 0.3
Gain on insurance proceeds 0 0 0 (7.5)
Taxes other than income 21.7 29.7 78.1 84.7
Total operating expenses 189.3 269.8 682.0 795.3
OPERATING INCOME 260.9 304.0 480.2 579.6
OTHER INCOME (EXPENSE)        
Equity in earnings of unconsolidated affiliates (Note 1) 46.0 0 64.5 0
Allowance for equity funds used during construction 1.7 1.3 4.4 4.9
Other income 6.2 2.6 25.4 12.8
Other expense (5.2) (5.6) (15.9) (11.1)
Net other income (expense) 48.7 (1.7) 78.4 6.6
INTEREST EXPENSE        
Interest on long-term debt 35.0 40.2 110.7 118.3
Allowance for borrowed funds used during construction (0.9) (0.8) (2.3) (2.8)
Interest on short-term debt and other interest charges (0.4) 2.2 3.8 6.6
Interest expense 33.7 41.6 112.2 122.1
INCOME BEFORE TAXES 275.9 260.7 446.4 464.1
INCOME TAX EXPENSE 60.7 68.3 110.2 122.6
NET INCOME 215.2 192.4 336.2 341.5
Less: Net income attributable to noncontrolling interests 0 6.9 6.2 25.0
NET INCOME ATTRIBUTABLE TO OGE ENERGY $ 215.2 $ 185.5 $ 330.0 $ 316.5
BASIC AVERAGE COMMON SHARES OUTSTANDING 198.4 197.4 198.1 197.0
DILUTED AVERAGE COMMON SHARES OUTSTANDING 199.7 198.3 199.3 197.9
BASIC EARNINGS PER AVERAGE COMMON SHARE ATTRIBUTABLE TO OGE ENERGY COMMON SHAREHOLDERS $ 1.08 $ 0.94 $ 1.67 $ 1.61
DILUTED EARNINGS PER AVERAGE COMMON SHARES ATTRIBUTABLE TO OGE ENERGY COMMON SHAREHOLDERS $ 1.08 $ 0.94 $ 1.66 $ 1.60
DIVIDENDS DECLARED PER COMMON SHARE $ 0.20875 $ 0.19625 $ 0.62625 $ 0.58875