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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Millions, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Operating revenues        
Gas distribution (includes revenue taxes of $31.4, $23.9, $106.3 and $97.8, respectively) $ 358.9 $ 299.5 $ 1,274.7 $ 1,368.3
Shipping 79.9 86.0 160.7 169.5
Other energy ventures 48.5 50.3 111.5 116.0
Corporate and eliminations (10.3) (10.2) (32.9) (35.3)
Total operating revenues 477.0 425.6 1,514.0 1,618.5
Operating expenses        
Gas distribution - Cost of gas 181.8 118.9 821.8 906.8
Gas distribution - Operating and maintenance 66.4 79.1 150.0 142.9
Gas distribution - Depreciation 47.1 45.9 94.2 91.9
Gas distribution - Taxes, other than income taxes 35.7 28.2 114.9 106.1
Shipping 80.2 81.8 162.2 165.8
Other energy ventures 39.1 38.9 97.6 100.2
Other corporate expenses and eliminations (8.5) (10.6) (27.7) (34.6)
Total operating expenses 441.8 382.2 1,413.0 1,479.1
Operating income 35.2 43.4 101.0 139.4
Interest expense, net of amounts capitalized 8.7 9.7 15.6 18.7
Equity investment income, net 3.3 2.1 7.7 3.6
Other income, net 0.4 1.0 0.8 1.4
Income before income taxes 30.2 36.8 93.9 125.7
Income tax expense, net of benefits 11.0 12.6 29.5 41.0
Net income $ 19.2 $ 24.2 $ 64.4 $ 84.7
Average shares of common stock outstanding        
Basic 45.9 45.6 45.9 45.5
Diluted 45.9 45.8 45.9 45.7
Earnings per average share of common stock        
Basic $ 0.42 $ 0.53 $ 1.40 $ 1.86
Diluted $ 0.42 $ 0.53 $ 1.40 $ 1.85
Dividends declared per share of common stock $ 0.465 $ 0.465 $ 0.930 $ 0.930