XML 11 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues from contracts with customers $ 684.5 $ 0.0 $ 1,710.1 $ 0.0
Other revenues 14.3 0.0 48.4 0.0
Operating revenues 698.8 716.8 1,758.5 1,759.2
COST OF SALES 244.4 255.7 663.6 696.5
OPERATING EXPENSES        
Other operation and maintenance 123.3 111.9 353.2 340.9
Depreciation and amortization 81.1 76.9 240.8 207.2
Taxes other than income 22.7 23.2 69.3 68.4
Operating expenses 227.1 212.0 663.3 616.5
OPERATING INCOME 227.3 249.1 431.6 446.2
OTHER INCOME (EXPENSE)        
Equity in earnings of unconsolidated affiliates 40.1 33.6 103.3 98.6
Allowance for equity funds used during construction 6.7 11.8 20.0 27.2
Other net periodic benefit income (expense) (0.7) (5.8) (10.7) (15.6)
Other income 4.1 15.0 14.2 34.1
Other expense (3.4) (2.0) (11.1) (9.3)
Net other income 46.8 52.6 115.7 135.0
INTEREST EXPENSE        
Interest on long-term debt 40.2 38.7 119.5 113.8
Allowance for borrowed funds used during construction (3.3) (5.2) (9.8) (12.6)
Interest on short-term debt and other interest charges 1.8 2.4 8.5 6.8
Interest expense 38.7 35.9 118.2 108.0
INCOME BEFORE TAXES 235.4 265.8 429.1 473.2
INCOME TAX EXPENSE 30.3 82.4 58.3 149.0
NET INCOME $ 205.1 $ 183.4 $ 370.8 $ 324.2
BASIC AVERAGE COMMON SHARES OUTSTANDING 199.7 199.7 199.7 199.7
DILUTED AVERAGE COMMON SHARES OUTSTANDING 200.6 200.1 200.4 200.0
BASIC EARNINGS PER AVERAGE COMMON SHARE $ 1.03 $ 0.92 $ 1.86 $ 1.62
DILUTED EARNINGS PER AVERAGE COMMON SHARE 1.02 0.92 1.85 1.62
DIVIDENDS DECLARED PER COMMON SHARE $ 0.36500 $ 0.33250 $ 1.03000 $ 0.93750