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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Operating revenues    
Electric $ 1,936,782 $ 2,029,972
Natural gas 621,035 765,349
Other 20,262 21,219
Total operating revenues 2,578,079 2,816,540
Operating expenses    
Electric fuel and purchased power 863,980 931,828
Cost of natural gas sold and transported 417,946 543,376
Cost of sales - other 7,304 8,055
Operating and maintenance expenses 510,684 510,027
Conservation and demand side management program expenses 63,707 75,298
Depreciation and amortization 228,672 224,723
Taxes (other than income taxes) 105,624 96,570
Total operating expenses 2,197,917 2,389,877
Operating income 380,162 426,663
Other income, net 3,737 4,766
Equity earnings of unconsolidated subsidiaries 7,158 7,713
Allowance for funds used during construction - equity 13,450 13,244
Interest charges and financing costs    
Interest charges - includes other financing costs of $6,080 and $5,260, respectively 151,830 144,354
Allowance for funds used during construction - debt (6,607) (7,436)
Total interest charges and financing costs 145,223 136,918
Income from continuing operations before income taxes 259,284 315,468
Income taxes 75,515 112,001
Income from continuing operations 183,769 203,467
Income from discontinued operations, net of tax 124 102
Net income 183,893 203,569
Dividend requirements on preferred stock 0 1,060
Earnings available to common shareholders $ 183,893 $ 202,509
Weighted average common shares outstanding:    
Basic (in shares) 487,360 483,641
Diluted (in shares) 487,995 484,301
Earnings per average common share:    
Basic (in dollars per share) $ 0.38 $ 0.42
Diluted (in dollars per share) $ 0.38 $ 0.42
Cash dividends declared per common share (in dollars per share) $ 0.26 $ 0.25