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Business segment data (Tables)
12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Information on the Company's businesses
The information below follows the same accounting policies as described in the Summary of Significant Accounting Policies. Information on the Company's businesses as of December 31 and for the years then ended was as follows:
 
2016

2015

2014

 
 
(In thousands)

 
External operating revenues:
 
 
 
Regulated operations:
 
 
 
Electric
$
322,356

$
280,615

$
277,874

Natural gas distribution
766,115

817,419

921,986

Pipeline and midstream
52,983

51,004

47,043

 
1,141,454

1,149,038

1,246,903

Nonregulated operations:
 
 
 
Pipeline and midstream
39,602

54,281

64,494

Construction materials and contracting
1,873,696

1,901,530

1,740,089

Construction services
1,072,663

907,767

1,062,055

Other
1,413

1,436

1,532

 
2,987,374

2,865,014

2,868,170

Total external operating revenues
$
4,128,828

$
4,014,052

$
4,115,073

 
 
 
 
Intersegment operating revenues:
 

 

 

Regulated operations:
 
 
 
Electric
$

$

$

Natural gas distribution



Pipeline and midstream
48,794

49,065

45,013

 
48,794

49,065

45,013

Nonregulated operations:
 
 
 
Pipeline and midstream
223

554

742

Construction materials and contracting
574

2,752

25,241

Construction services
609

18,660

57,474

Other
7,230

7,755

7,832

 
8,636

29,721

91,289

Intersegment eliminations
(57,430
)
(78,786
)
(136,302
)
Total intersegment operating revenues
$

$

$

 
 
 
 
Depreciation, depletion and amortization:
 

 

 

Electric
$
50,220

$
37,583

$
35,008

Natural gas distribution
65,426

64,756

54,700

Pipeline and midstream
24,885

27,981

29,749

Construction materials and contracting
58,413

65,937

68,557

Construction services
15,307

13,420

12,874

Other
2,067

2,070

2,196

Total depreciation, depletion and amortization
$
216,318

$
211,747

$
203,084

 
 
 
 
Interest expense:
 

 

 

Electric
$
24,982

$
17,421

$
15,595

Natural gas distribution
30,405

29,471

27,217

Pipeline and midstream
7,903

9,895

9,946

Construction materials and contracting
15,265

15,183

16,368

Construction services
4,059

3,959

4,176

Other
5,854

15,853

13,823

Intersegment eliminations
(620
)
(603
)
(254
)
Total interest expense
$
87,848

$
91,179

$
86,871

 
 
 
 
 
2016

2015

2014

 
 
(In thousands)

 
Income taxes:
 

 

 

Electric
$
1,449

$
11,523

$
12,442

Natural gas distribution
9,181

11,377

11,350

Pipeline and midstream
12,408

7,505

12,232

Construction materials and contracting
60,625

41,619

18,586

Construction services
17,748

16,432

24,753

Other
(2,028
)
(9,834
)
(11,136
)
Intersegment eliminations
(6,251
)
(7,958
)
(3,805
)
Total income taxes
$
93,132

$
70,664

$
64,422

 
 
 
 
Earnings (loss) on common stock:
 

 

 

Regulated operations:
 
 
 
Electric
$
42,222

$
35,914

$
36,731

Natural gas distribution
27,102

23,607

30,484

Pipeline and midstream
22,060

20,680

15,440

 
91,384

80,201

82,655

Nonregulated operations:
 
 
 
Pipeline and midstream
1,375

(7,430
)
9,226

Construction materials and contracting
102,687

89,096

51,510

Construction services
33,945

23,762

54,432

Other
(3,231
)
(14,941
)
(7,386
)
 
134,776

90,487

107,782

Intersegment eliminations (a)
6,251

5,016

(6,095
)
Earnings on common stock before income (loss)
from discontinued operations
232,411

175,704

184,342

Income (loss) from discontinued operations, net of tax (a)
(300,354
)
(834,080
)
109,311

Loss from discontinued operations attributable to noncontrolling interest
(131,691
)
(35,256
)
(3,895
)
Total earnings (loss) on common stock
$
63,748

$
(623,120
)
$
297,548

 
 
 
 
Capital expenditures:
 

 

 

Electric
$
111,134

$
332,876

$
185,121

Natural gas distribution
126,272

130,793

120,613

Pipeline and midstream
34,467

18,315

61,754

Construction materials and contracting
37,845

48,126

37,896

Construction services
60,344

38,269

26,942

Other
2,358

3,755

2,131

Total capital expenditures (b)
$
372,420

$
572,134

$
434,457

 
 
 
 
Assets:
 

 

 

Electric (c)
$
1,406,694

$
1,325,858

$
1,028,001

Natural gas distribution (c)
2,099,296

2,038,433

1,935,271

Pipeline and midstream
550,615

591,651

651,925

Construction materials and contracting
1,220,459

1,261,963

1,260,534

Construction services
513,093

442,845

437,322

Other (d)
283,255

287,940

315,495

Assets held for sale
211,055

616,464

2,176,857

Total assets
$
6,284,467

$
6,565,154

$
7,805,405

 
 
 
 
 
2016

2015

2014

 
 
(In thousands)

 
Property, plant and equipment:
 

 

 

Electric (c)
$
1,888,613

$
1,786,148

$
1,457,101

Natural gas distribution (c)
2,179,413

2,076,581

1,904,759

Pipeline and midstream
672,199

758,729

818,388

Construction materials and contracting
1,549,375

1,553,428

1,529,942

Construction services
171,361

163,279

144,395

Other
49,268

49,537

50,937

Less accumulated depreciation, depletion and amortization
2,578,902

2,489,322

2,385,202

Net property, plant and equipment
$
3,931,327

$
3,898,380

$
3,520,320


(a)
Includes eliminations for the presentation of income tax adjustments between continuing and discontinued operations.
(b)
Capital expenditures for 2016, 2015 and 2014 include noncash capital expenditure-related accounts payable and AFUDC, totaling $(15.8) million, $35.3 million and $5.1 million, respectively.
(c)
Includes allocations of common utility property.
(d)
Includes assets not directly assignable to a business (i.e. cash and cash equivalents, certain accounts receivable, certain investments and other miscellaneous current and deferred assets).