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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Millions, except Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Operating Revenues:        
Gas transportation $ 244.3 $ 227.9 $ 534.8 $ 499.8
Parking and lending 3.1 8.9 6.3 18.3
Gas storage 11.7 13.3 25.5 28.4
Other 2.9 6.6 6.4 10.7
Total operating revenues 262.0 256.7 573.0 557.2
Operating Costs and Expenses:        
Fuel and gas transportation 28.2 24.2 52.0 54.1
Operation and maintenance 42.1 34.0 77.2 63.4
Administrative and general 33.7 29.9 70.8 65.6
Depreciation and amortization 56.7 53.7 113.1 107.1
Asset impairment 28.5 2.2 28.5 2.5
Net loss on disposal of operating assets (3.0) 0 1.4 1.1
Taxes other than income taxes 21.2 20.7 44.9 44.0
Total operating costs and expenses 207.4 164.7 387.9 337.8
Operating income 54.6 92.0 185.1 219.4
Other Deductions (Income):        
Interest expense 37.6 35.7 75.9 70.9
Interest expense - affiliates 2.0 2.0 4.0 4.0
Loss on debt extinguishment 0 0 7.4 0
Interest income (0.1) (0.2) (0.2) (0.3)
Miscellaneous other income, net (0.1) 0 (0.4) (0.1)
Total other deductions 39.4 37.5 86.7 74.5
Income before income taxes 15.2 54.5 98.4 144.9
Income taxes 0 0.1 0.2 0.2
Net Income $ 15.2 $ 54.4 $ 98.2 $ 144.7
Basic and diluted net income per unit:        
Common units $ 0.07 $ 0.28 $ 0.49 $ 0.74
Class B units $ (0.16) $ 0.07 $ 0.04 $ 0.32
Cash distribution declared and paid to common units $ 0.5225 $ 0.505 $ 1.0425 $ 1.005
Cash distribution declared and paid to class B units $ 0.30 $ 0.30 $ 0.60 $ 0.60
Weighted-average number of units outstanding:        
Common units 172.0 169.7 170.9 169.7
Class B units 22.9 22.9 22.9 22.9