XML 1062 R40.htm IDEA: XBRL DOCUMENT v3.3.1.900
Report of Business Segments (Tables)
12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
The following tables summarize the results of the Company's business segments for the years ended December 31, 2015, 2014 and 2013.
2015
Electric Utility
Natural Gas Midstream Operations
Other Operations
Eliminations
Total
(In millions)
 
 
 
 
 
Operating revenues
$
2,196.9

$

$

$

$
2,196.9

Cost of sales
865.0




865.0

Other operation and maintenance
444.5

7.5

(0.4
)

451.6

Depreciation and amortization
299.9


8.0


307.9

Taxes other than income
87.1


4.1


91.2

Operating income (loss)
500.4

(7.5
)
(11.7
)

481.2

Equity in earnings of unconsolidated affiliates (A)

15.5



15.5

Other income (expense)
20.0

0.4

0.9

(0.3
)
21.0

Interest expense
146.7


2.6

(0.3
)
149.0

Income tax expense (benefit)
104.8

(1.0
)
(6.4
)

97.4

Net income (loss)
$
268.9

$
9.4

$
(7.0
)
$

$
271.3

Investment in unconsolidated affiliates
$

$
1,194.4

$

$

$
1,194.4

Total assets
$
8,541.8

$
1,439.5

$
175.1

$
(559.0
)
$
9,597.4

Capital expenditures
$
551.6

$

$
(3.8
)
$

$
547.8

(A)
In September 2015, the Company recorded a $108.4 million pre-tax charge for its share of the goodwill impairment, as adjusted for the basis difference. See Note 3 for further discussion of Enable's goodwill impairment.
2014
Electric Utility
Natural Gas Midstream Operations
Other Operations
Eliminations
Total
(In millions)
 
 
 
 
 
Operating revenues
$
2,453.1

$

$

$

$
2,453.1

Cost of sales
1,106.6




1,106.6

Other operation and maintenance
453.2

1.2

(14.8
)

439.6

Depreciation and amortization
270.8


10.6


281.4

Taxes other than income
84.5


4.2


88.7

Operating income (loss)
538.0

(1.2
)


536.8

Equity in earnings of unconsolidated affiliates

172.6



172.6

Other income (expense)
7.1


0.7

(0.2
)
7.6

Interest expense
141.5


7.1

(0.2
)
148.4

Income tax expense (benefit)
111.6

69.1

(7.9
)

172.8

Net income (loss)
$
292.0

$
102.3

$
1.5

$

$
395.8

Investment in unconsolidated affiliates
$

$
1,318.2

$

$

$
1,318.2

Total assets
$
8,266.2

$
1,461.2

$
129.2

$
(328.8
)
$
9,527.8

Capital expenditures
$
565.4

$

$
10.8

$
(6.9
)
$
569.3



2013
Electric Utility
Natural Gas Midstream Operations
Other Operations
Eliminations
Total
(In millions)
 
 
 
 
 
Operating revenues
$
2,262.2

$
630.4

$

$
(24.9
)
$
2,867.7

Cost of sales
965.9

489.0


(26.0
)
1,428.9

Other operation and maintenance
438.8

60.9

(10.5
)

489.2

Depreciation and amortization
248.4

36.8

12.1


297.3

Taxes other than income
83.8

10.5

4.5


98.8

Operating income (loss)
525.3

33.2

(6.1
)
1.1

553.5

Equity in earnings of unconsolidated affiliates

101.9



101.9

Other income (expense)
10.1

8.9

(2.3
)
(0.5
)
16.2

Interest expense
129.3

10.6

8.1

(0.5
)
147.5

Income tax expense (benefit)
113.5

26.9

(10.6
)
0.5

130.3

Net income (loss)
292.6

106.5

(5.9
)
0.6

393.8

Less: Net income attributable to noncontrolling interests

6.6


(0.4
)
6.2

Net income attributable to OGE Energy
$
292.6

$
99.9

$
(5.9
)
$
1.0

$
387.6

Investment in unconsolidated affiliates
$

$
1,298.8

$

$

$
1,298.8

Total assets
$
7,694.9

$
1,348.6

$
216.2

$
(125.0
)
$
9,134.7

Capital expenditures
$
797.6

$
181.5

$
11.5

$

$
990.6