Common Shareholders' Equity

9 Months Ended

Jun. 30, 2011

Common Shareholders' Equity [Abstract]

NOTE 5. COMMON SHAREHOLDERS' EQUITY

The tables below reflect the changes in “Common shareholders' equity” for WGL Holdings and Washington Gas for the nine months ended June 30, 2011.

WGL Holdings, Inc.
Components of Common Shareholders’ Equity
(In thousands)	Common Stock Amount		Paid-In Capital		Retained Earnings		Accumulated Other Comprehensive Loss, Net of Taxes		Total
Balance at September 30, 2010	$	543,121	$	8,889	$	609,956	$	(8,571)	$	1,153,395
Net income applicable to common stock		-		-		147,612		-		147,612
Post-retirement benefits adjustment, net of taxes		-		-		-		421		421
Comprehensive income										148,033
Stock-based compensation		11,675		(1,902)		-		-		9,773
Dividends declared:
Common Stock		-		-		(59,025)		-		(59,025)
Balance at June 30, 2011	$	554,796	$	6,987	$	698,543	$	(8,150)	$	1,252,176

Washington Gas Light Company
Components of Common Shareholder's Equity
(In thousands)	Common Stock Amount		Paid-In Capital		Retained Earnings		Accumulated Other Comprehensive Loss, Net of Taxes		Total
Balance at September 30, 2010	$	46,479	$	470,825	$	486,143	$	(8,571)	$	994,876
Net income		-		-		107,943		-		107,943
Post-retirement benefits adjustment, net of taxes		-		-		-		421		421
Comprehensive income										108,364
Stock-based compensation		-		1,499		-		-		1,499
Dividends declared:
Common Stock		-		-		(54,805)		-		(54,805)
Preferred Stock		-		-		(990)		-		(990)
Balance at June 30, 2011	$	46,479	$	472,324	$	538,291	$	(8,150)	$	1,048,944

WGL Holdings had 51,292,838 and 50,974,992 shares issued of common stock at June 30, 2011 and September 30, 2010, respectively. Washington Gas had 46,479,536 shares issued of common stock at both June 30, 2011 and September 30, 2010.

- Definition

Disclosures related to accounts comprising shareholders' equity, including other comprehensive income. Includes: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables; effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

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