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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, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
OPERATING REVENUES        
Electric Utility $ 754.7 $ 723.2 $ 1,926.9 $ 1,750.8
Natural Gas Midstream Operations (Note 1) 0 0 0 608.0
Total operating revenues 754.7 723.2 1,926.9 2,358.8
COST OF SALES        
Electric Utility 305.3 273.0 869.6 717.8
Natural Gas Midstream Operations (Note 1) 0 0 0 478.8
Total cost of sales 305.3 273.0 869.6 1,196.6
OPERATING EXPENSES        
Other operation and maintenance 108.1 102.2 331.9 372.2
Depreciation and amortization 71.7 65.4 207.2 231.7
Taxes other than income 21.5 21.7 66.5 78.1
Total operating expenses 201.3 189.3 605.6 682.0
OPERATING INCOME 248.1 260.9 451.7 480.2
OTHER INCOME (EXPENSE)        
Equity in earnings of unconsolidated affiliates (Note 1) 44.7 46.0 131.9 64.5
Allowance for equity funds used during construction 1.1 1.7 3.0 4.4
Other income 7.2 6.2 11.7 25.4
Other expense (5.8) (5.2) (11.2) (15.9)
Net other income 47.2 48.7 135.4 78.4
INTEREST EXPENSE        
Interest on long-term debt 36.3 35.0 109.2 110.7
Allowance for borrowed funds used during construction (0.6) (0.9) (1.7) (2.3)
Interest on short-term debt and other interest charges 1.5 (0.4) 5.0 3.8
Interest expense 37.2 33.7 112.5 112.2
INCOME BEFORE TAXES 258.1 275.9 474.6 446.4
INCOME TAX EXPENSE 70.8 60.7 137.2 110.2
NET INCOME 187.3 215.2 337.4 336.2
Less: Net income attributable to noncontrolling interests 0 0 0 6.2
NET INCOME ATTRIBUTABLE TO OGE ENERGY $ 187.3 $ 215.2 $ 337.4 $ 330.0
BASIC AVERAGE COMMON SHARES OUTSTANDING 199.3 198.4 199.1 198.1
DILUTED AVERAGE COMMON SHARES OUTSTANDING 200.2 199.7 199.9 199.3
BASIC EARNINGS PER AVERAGE COMMON SHARE ATTRIBUTABLE TO OGE ENERGY COMMON SHAREHOLDERS $ 0.94 $ 1.08 $ 1.69 $ 1.67
DILUTED EARNINGS PER AVERAGE COMMON SHARES ATTRIBUTABLE TO OGE ENERGY COMMON SHAREHOLDERS $ 0.94 $ 1.08 $ 1.69 $ 1.66
DIVIDENDS DECLARED PER COMMON SHARE $ 0.25 $ 0.20875 $ 0.70 $ 0.62625