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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, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
OPERATING REVENUES        
Electric Utility $ 611.8 $ 573.9 $ 1,172.2 $ 1,027.6
Natural Gas Midstream Operations (Note 1) 0 160.3 0 608.0
Total operating revenues 611.8 734.2 1,172.2 1,635.6
COST OF SALES        
Electric Utility 270.9 243.6 564.3 444.8
Natural Gas Midstream Operations (Note 1) 0 127.0 0 478.8
Total cost of sales 270.9 370.6 564.3 923.6
OPERATING EXPENSES        
Other operation and maintenance 111.4 122.0 223.8 270.0
Depreciation and amortization 68.3 74.4 135.5 166.3
Taxes other than income 19.4 23.3 45.0 56.4
Total operating expenses 199.1 219.7 404.3 492.7
OPERATING INCOME 141.8 143.9 203.6 219.3
OTHER INCOME (EXPENSE)        
Equity in earnings of unconsolidated affiliates (Note 1) 39.3 18.5 87.2 18.5
Allowance for equity funds used during construction 0.8 1.5 1.9 2.7
Other income 3.1 4.5 4.5 19.2
Other expense (2.1) (4.2) (5.4) (10.7)
Net other income 41.1 20.3 88.2 29.7
INTEREST EXPENSE        
Interest on long-term debt 37.8 36.0 72.9 75.7
Allowance for borrowed funds used during construction (0.5) (0.7) (1.1) (1.4)
Interest on short-term debt and other interest charges 2.1 2.0 3.5 4.2
Interest expense 39.4 37.3 75.3 78.5
INCOME BEFORE TAXES 143.5 126.9 216.5 170.5
INCOME TAX EXPENSE 42.7 33.9 66.4 49.5
NET INCOME 100.8 93.0 150.1 121.0
Less: Net income attributable to noncontrolling interests 0 1.3 0 6.2
NET INCOME ATTRIBUTABLE TO OGE ENERGY $ 100.8 $ 91.7 $ 150.1 $ 114.8
BASIC AVERAGE COMMON SHARES OUTSTANDING 199.2 198.3 199.0 198.0
DILUTED AVERAGE COMMON SHARES OUTSTANDING 200.0 199.4 199.8 199.1
BASIC EARNINGS PER AVERAGE COMMON SHARE ATTRIBUTABLE TO OGE ENERGY COMMON SHAREHOLDERS $ 0.51 $ 0.46 $ 0.75 $ 0.58
DILUTED EARNINGS PER AVERAGE COMMON SHARES ATTRIBUTABLE TO OGE ENERGY COMMON SHAREHOLDERS $ 0.50 $ 0.46 $ 0.75 $ 0.58
DIVIDENDS DECLARED PER COMMON SHARE $ 0.225 $ 0.20875 $ 0.45 $ 0.41750