XML 1086 R64.htm IDEA: XBRL DOCUMENT v3.3.1.900
Income Taxes (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Current Federal Tax Expense (Benefit) $ 0.0 $ 0.0 $ 0.0  
Current State and Local Tax Expense (Benefit) (5.2) (4.5) 4.3  
Current Income Tax Expense (Benefit) (5.2) (4.5) 4.3  
Deferred Federal Income Tax Expense (Benefit) 98.8 160.0 154.4  
Deferred State and Local Income Tax Expense (Benefit) 4.5 18.2 (26.4)  
Deferred Income Tax Expense (Benefit) 103.3 178.2 128.0  
Investment Tax Credit (0.7) (0.9) (2.0)  
Income Tax Expense (Benefit) $ 97.4 $ 172.8 $ 130.3  
Statutory Federal tax rate 35.00% 35.00% 35.00%  
Amortization of net unfunded deferred taxes 0.90% 0.60% 0.60%  
State income taxes, net of Federal income tax benefit 0.10% 1.20% 0.40%  
Federal investment tax credits, net (0.20%) (0.20%) (0.40%)  
401(k) dividends (0.70%) (0.50%) (0.50%)  
Income attributable to noncontrolling interest 0.00% 0.00% (0.30%)  
Federal renewable energy credit [1] (8.90%) (6.70%) (7.20%)  
Uncertain tax positions 0.70% 0.50% 1.50%  
Remeasurement of state deferred tax liabilities (0.80%) 0.40% (4.10%)  
Other 0.30% 0.10% (0.10%)  
Effective income tax rate 26.40% 30.40% 24.90%  
Net operating losses   $ 158.4    
Accrued liabilities $ (14.0) (15.6)    
Federal tax credits   12.4    
Accrued vacation (3.2) (4.4)    
Uncollectible accounts (0.5) (0.6)    
Total Current Deferred Income Tax Assets   191.4    
Accelerated depreciation and other property related differences 2,016.0 1,936.8    
Investment in Enable Midstream Partners 623.4 641.8    
Regulatory asset 32.7 24.7    
Income taxes refundable to customers, net 22.0 21.7    
Company pension plan 13.7 34.6    
Bond redemption-unamortized costs 4.8 5.3    
Derivative instruments 1.5 1.8    
Federal tax credits (184.4) (139.0)    
State tax credits (106.7) (98.6)    
Net operating losses (94.6) (19.8)    
Postretirement medical and life insurance benefits (56.2) (56.4)    
Regulatory liabilities (46.3) (58.0)    
Asset retirement obligations (22.5) (21.4)    
Deferred Federal investment tax credits (0.9) (0.4)    
Other (6.6) (4.8)    
Non-Current Deferred Income Tax Liabilities, net 2,178.2 2,268.3    
Unrecognized Tax Benefits 13.2      
Unrecognized Tax Benefits 13.2 10.5 $ 7.8 $ 0.0
Current year additions 2.7 2.7 2.7  
Prior year additions 0.0 0.0 $ 5.1  
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued 0.0      
Unrecognized Tax Benefits, Period Increase (Decrease) 4.2      
Tax Credit Carryforward, Deferred Tax Asset 184.4 $ 139.0    
Employee Service Share-based Compensation, Unrecognized Tax Benefit from Compensation Expense 28.3      
State operating loss [Member]        
Operating Loss Carryforwards 695.5      
Deferred Tax Assets, Operating Loss Carryforwards, State and Local $ 25.6      
Tax Credit Carryforward, Expiration Date Dec. 31, 2030      
Federal operating loss [Member]        
Operating Loss Carryforwards $ 197.3      
Net operating losses $ 69.0      
Tax Credit Carryforward, Expiration Date Dec. 31, 2030      
Federal tax credits [Member]        
Federal tax credits $ (184.4)      
Tax Credit Carryforward, Amount 184.4      
Tax Credit Carryforward, Deferred Tax Asset $ 184.4      
Tax Credit Carryforward, Expiration Date Dec. 31, 2029      
Oklahoma investment tax credits [Member]        
Federal tax credits $ (83.0)      
Tax Credit Carryforward, Amount 127.8      
Tax Credit Carryforward, Deferred Tax Asset 83.0      
Oklahoma capital investment board credits [Member]        
Federal tax credits (7.3)      
Tax Credit Carryforward, Amount 7.3      
Tax Credit Carryforward, Deferred Tax Asset 7.3      
Oklahoma zero emission tax credits [Member]        
Federal tax credits (16.4)      
Tax Credit Carryforward, Amount 24.3      
Tax Credit Carryforward, Deferred Tax Asset $ 16.4      
Tax Credit Carryforward, Expiration Date Dec. 31, 2020      
State and Local Jurisdiction [Member]        
Unrecognized Tax Benefits, Period Increase (Decrease) $ 2.7      
[1] Represents credits associated with the production from OG&E's wind farms.