XML 26 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating revenues:      
Electric, natural gas distribution and regulated pipeline and midstream $ 1,148,272 $ 1,246,646 $ 1,156,838
Nonregulated pipeline and midstream, construction materials and contracting, construction services, refining and other 3,043,277 2,868,170 2,763,333
Total operating revenues 4,191,549 4,114,816 3,920,171
Operating expenses:      
Fuel and purchased power 86,238 89,312 83,528
Purchased natural gas sold 450,114 558,463 495,471
Cost of crude oil 159,811 0 0
Operation and maintenance:      
Electric, natural gas distribution and regulated pipeline and midstream 277,638 269,225 253,214
Nonregulated pipeline and midstream, construction materials and contracting, construction services, refining and other 2,593,300 2,529,020 2,426,145
Depreciation, depletion and amortization 227,730 203,980 200,398
Taxes, other than income 142,585 145,393 140,713
Total operating expenses 3,937,416 3,795,393 3,599,469
Operating income 254,133 319,423 320,702
Other income 19,232 9,873 6,086
Interest expense 93,068 86,906 83,803
Income before income taxes 180,297 242,390 242,985
Income taxes 65,603 63,227 74,294
Income from continuing operations 114,694 179,163 168,691
Income (loss) from discontinued operations, net of tax (Note 2) (772,385) 115,175 109,879
Net income (loss) (657,691) 294,338 278,570
Net loss attributable to noncontrolling interest (35,256) (3,895) (363)
Dividends declared on preferred stocks 685 685 685
Earnings (loss) on common stock $ (623,120) $ 297,548 $ 278,248
Earnings (loss) per common share - basic:      
Earnings before discontinued operations $ 0.77 $ 0.95 $ 0.89
Discontinued operations, net of tax (3.97) 0.60 0.58
Earnings (loss) per common share - basic (3.20) 1.55 1.47
Earnings (loss) per common share - diluted:      
Earnings before discontinued operations 0.77 0.95 0.89
Discontinued operations, net of tax (3.97) 0.60 0.58
Earnings (loss) per common share - diluted $ (3.20) $ 1.55 $ 1.47
Weighted average common shares outstanding - basic 194,928 192,507 188,855
Weighted average common shares outstanding - diluted 194,986 192,587 189,693