Segment Reporting

12 Months Ended

Dec. 31, 2011

Segment Reporting [Abstract]

Segment Reporting

22.   Segment Reporting

The Company segregates its operations into three groups: 1) Utility Group, 2) Nonutility Group, and 3) Corporate and Other.

The Utility Group is comprised of Vectren Utility Holdings, Inc.'s operations, which consist of the Company's regulated operations and other operations that provide information technology and other support services to those regulated operations.  The Company segregates its regulated operations between a Gas Utility Services operating segment and an Electric Utility Services operating segment.  The Gas Utility Services segment provides natural gas distribution and transportation services to nearly two-thirds of Indiana and to west central Ohio.  The Electric Utility Services segment provides electric distribution services primarily to southwestern Indiana, and includes the Company's power generating and wholesale power operations.  Regulated operations supply natural gas and/or electricity to over one million customers.  In total, the Utility Group is comprised of three operating segments:  Gas Utility Services, Electric Utility Services, and Other operations.

The Nonutility Group is comprised of five operating segments:  Infrastructure Services, Energy Services, Coal Mining, Energy Marketing, and Other Businesses.

Corporate and Other includes unallocated corporate expenses such as advertising and charitable contributions, among other activities, that benefit the Company's other operating segments.  Net income is the measure of profitability used by management for all operations.  The acquisition of Minnesota Limited was completed on March 31, 2011 (See Note 5) and is included in the Infrastructure Services nonutility operating segment.  Information related to the Company's business segments is summarized as follows:

	Year Ended December 31,
(In millions)	2011			2010			2009
Revenues
Utility Group
Gas Utility Services	$	819.1		$	954.1		$	1,066.0
Electric Utility Services		635.9			608.0			528.6
Other Operations		43.9			44.5			42.8
Eliminations		(41.9	)		(42.9	)		(41.2	)
Total Utility Group		1,457.0			1,563.7			1,596.2
Nonutility Group
Infrastructure Services		421.3			235.6			202.0
Energy Services		161.8			146.9			121.3
Coal Mining		285.6			209.9			193.4
Energy Marketing		149.9			142.8			157.2
Total Nonutility Group		1,018.6			735.2			673.9
Eliminations		(150.4	)		(169.4	)		(181.2	)
Consolidated Revenues	$	2,325.2		$	2,129.5		$	2,088.9
Profitability Measures - Net Income
Utility Group Net Income
Gas Utility Services	$	52.5		$	53.7		$	50.2
Electric Utility Services		65.0			60.9			48.3
Other Operations		5.4			9.3			8.9
Total Utility Group Net Income		122.9			123.9			107.4
Nonutility Group Net Income
Infrastructure Services		14.9			3.1			2.4
Energy Services		6.7			6.4			8.4
Coal Mining		16.6			11.9			13.4
Energy Marketing		(4.2	)		(4.2	)		4.1
Other Businesses		(10.2	)		(7.4	)		(2.5	)
Total Nonutility Group Net Income		23.8			9.8			25.8
Corporate & Other Net Loss		(5.1	)		-			(0.1	)
Consolidated Net Income	$	141.6		$	133.7		$	133.1

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	Year Ended December 31,
(In millions)	2011			2010			2009
Amounts Included in Profitability Measures
Depreciation & Amortization
Utility Group
Gas Utility Services	$	84.3		$	80.7		$	76.9
Electric Utility Services		80.2			80.8			77.5
Other Operations		27.8			26.7			26.5
Total Utility Group		192.3			188.2			180.9
Nonutility Group
Infrastructure Services		14.9			8.8			8.3
Energy Services		1.5			1.2			1.2
Coal Mining		35.1			30.4			21.0
Energy Marketing		0.5			0.5			0.5
Total Nonutility Group		52.0			40.9			31.0
Consolidated Depreciation & Amortization	$	244.3		$	229.1		$	211.9
Interest Expense
Utility Group
Gas Utility Services	$	37.1		$	38.8		$	38.8
Electric Utility Services		36.4			36.4			34.8
Other Operations		6.8			6.2			5.6
Total Utility Group		80.3			81.4			79.2
Nonutility Group
Infrastructure Services		7.4			3.3			2.6
Energy Services		0.6			0.2			0.6
Coal Mining		11.3			10.1			8.1
Energy Marketing		6.4			8.5			8.3
Other Businesses		1.3			1.5			1.3
Total Nonutility Group		27.0			23.6			20.9
Corporate & Other		(0.8	)		(0.4	)		(0.1	)
Consolidated Interest Expense	$	106.5		$	104.6		$	100.0
Income Taxes
Utility Group
Gas Utility Services	$	34.5		$	35.1		$	31.3
Electric Utility Services		45.3			40.8			27.4
Other Operations		3.1			1.2			0.5
Total Utility Group		82.9			77.1			59.2
Nonutility Group
Infrastructure Services		10.7			2.7			2.1
Energy Services		1.1			2.5			1.6
Coal Mining		3.9			1.9			4.1
Energy Marketing		(2.4	)		(2.7	)		0.3
Other Businesses		(7.0	)		(5.9	)		(2.2	)
Total Nonutility Group		6.3			(1.5	)		5.9
Corporate & Other		(2.8	)		(0.9	)		(1.0	)
Consolidated Income Taxes	$	86.4		$	74.7		$	64.1

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	Year Ended December 31,
(In millions)	2011			2010			2009
Capital Expenditures
Utility Group
Gas Utility Services	$	113.5		$	88.7		$	121.1
Electric Utility Services		102.2			120.1			154.1
Other Operations		17.8			22.5			16.7
Non-cash costs & changes in accruals		(0.1	)		(6.2	)		10.8
Total Utility Group		233.4			225.1			302.7
Nonutility Group
Infrastructure Services		22.8			12.0			11.0
Energy Services		9.7			1.2			1.9
Coal Mining		55.1			38.7			126.8
Energy Marketing		0.3			0.2			0.6
Other Businesses, net of eliminations		-			-			(11.0	)
Total Nonutility Group		87.9			52.1			129.3
Consolidated Capital Expenditures	$	321.3		$	277.2		$	432.0
	At December 31,
(In millions)		2011			2010			2009
Assets
Utility Group
Gas Utility Services	$	2,125.2		$	2,161.7		$	2,102.4
Electric Utility Services		1,656.5			1,666.5			1,592.4
Other Operations, net of eliminations		192.8			96.3			128.3
Total Utility Group		3,974.5			3,924.5			3,823.1
Nonutility Group
Infrastructure Services		295.0			174.6			141.4
Energy Services		81.2			67.4			54.5
Coal Mining		352.8			362.5			342.8
Energy Marketing		112.5			209.1			229.6
Other Businesses		39.6			57.1			65.7
Eliminations & Reclassifications		7.2			(2.2	)		2.0
Total Nonutility Group		888.3			868.5			836.0
Corporate & Other		727.3			706.2			715.9
Eliminations		(711.2	)		(735.0	)		(703.2	)
Consolidated Assets	$	4,878.9		$	4,764.2		$	4,671.8