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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
OPERATING REVENUES    
Regulated electricity$ 1,124,049$ 1,116,211$ 2,570,692$ 2,527,052
Other revenues7924992,7954,715
Total1,124,8411,116,7102,573,4872,531,767
OPERATING EXPENSES    
Regulated electricity fuel and purchased power337,896353,904793,952821,244
Operations and maintenance210,035219,658675,654639,580
Depreciation and amortization106,350104,177319,550307,806
Taxes other than income taxes34,22337,528112,002100,933
Other expenses1,3201,1694,5363,572
Total689,824716,4361,905,6941,873,135
OPERATING INCOME435,017400,274667,793658,632
OTHER INCOME (DEDUCTIONS)    
Allowance for equity funds used during construction7,3785,52418,69716,417
Other income (Note 11)4414,2612,6303,851
Other expense (Note 11)(3,052)(3,894)(7,921)(8,768)
Total4,7675,89113,40611,500
INTEREST EXPENSE    
Interest charges62,03460,419183,251181,937
Allowance for borrowed funds used during construction(6,939)(6,163)(14,371)(12,254)
Total55,09554,256168,880169,683
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES384,689351,909512,319500,449
INCOME TAXES131,416122,347176,229165,882
INCOME FROM CONTINUING OPERATIONS253,273229,562336,090334,567
INCOME FROM DISCONTINUED OPERATIONS    
Net of income tax expense of $6,216 and $5,859 for three months ended September 30, 2011 and 2010, $7,121 and $14,873 for nine months ended September 30, 2011 and 2010 (Note 13)9,5129,47710,86023,141
NET INCOME262,785239,039346,950357,708
Less: Net income attributable to noncontrolling interests (Note 7)7,4265,11920,04115,005
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS255,359233,920326,909342,703
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING - BASIC (in shares)109,128108,632109,003105,846
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING - DILUTED (in shares)109,861109,094109,683106,318
EARNINGS PER WEIGHTED-AVERAGE COMMON SHARE OUTSTANDING    
Income from continuing operations attributable to common shareholders - basic (in dollars per share)$ 2.25$ 2.07$ 2.90$ 3.02
Net income attributable to common shareholders - basic (in dollars per share)$ 2.34$ 2.15$ 3.00$ 3.24
Income from continuing operations attributable to common shareholders - diluted (in dollars per share)$ 2.24$ 2.06$ 2.88$ 3.01
Net income attributable to common shareholders - diluted (in dollars per share)$ 2.32$ 2.14$ 2.98$ 3.22
DIVIDENDS DECLARED PER SHARE (in dollars per share)  $ 1.575$ 1.575
AMOUNTS ATTRIBUTABLE TO COMMON SHAREHOLDERS:    
Income from continuing operations, net of tax245,838224,434316,001319,533
Discontinued operations, net of tax9,5219,48610,90823,170
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS$ 255,359$ 233,920$ 326,909$ 342,703