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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating revenues    
Electric $ 2,301,710 $ 2,092,196
Natural gas 879,688 669,596
Other 21,206 21,057
Total operating revenues 3,202,604 2,782,849
Operating expenses    
Electric fuel and purchased power 1,067,321 925,043
Cost of natural gas sold and transported 623,828 439,375
Cost of sales — other 9,129 8,411
Operating and maintenance expenses 560,143 529,231
Conservation and demand side management program expenses 77,546 64,032
Depreciation and amortization 245,943 248,706
Taxes (other than income taxes) 124,702 113,427
Total operating expenses 2,708,612 2,328,225
Operating income 493,992 454,624
Other income, net 3,201 3,922
Equity earnings of unconsolidated subsidiaries 7,438 7,577
Allowance for funds used during construction — equity 21,907 19,754
Interest charges and financing costs    
Interest charges — includes other financing costs of $5,792 and $5,809, respectively 139,094 139,631
Allowance for funds used during construction — debt (9,548) (8,758)
Total interest charges and financing costs 129,546 130,873
Income before income taxes 396,992 355,004
Income taxes 135,771 118,434
Net income $ 261,221 $ 236,570
Weighted average common shares outstanding:    
Basic (in shares) 499,523 489,781
Diluted (in shares) 499,746 490,531
Earnings per average common share:    
Basic (in dollars per share) $ 0.52 $ 0.48
Diluted (in dollars per share) $ 0.52 $ 0.48
Cash dividends declared per common share (in dollars per share) $ 0.30 $ 0.27