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STATEMENTS OF INCOME (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
OPERATING REVENUES $ 2,211.5 $ 2,109.9 $ 1,751.2
COST OF GOODS SOLD (exclusive of depreciation and amortization shown below) 1,013.5 1,000.2 796.3
Gross margin on revenues 1,198.0 1,109.7 954.9
OPERATING EXPENSES      
Other operation and maintenance 436.0 418.1 348.0
Depreciation and amortization 216.1 208.7 187.4
Impairment of assets 0 0 0.3
Taxes other than income 73.6 69.2 65.1
Total operating expenses 725.7 696.0 600.8
OPERATING INCOME 472.3 413.7 354.1
OTHER INCOME (EXPENSE)      
Interest income 0.5 0.1 1.1
Allowance for equity funds used during construction 20.4 11.4 15.1
Other income 8.0 6.5 20.4
Other expense (8.4) (1.6) (6.7)
Net other income 20.5 16.4 29.9
INTEREST EXPENSE      
Interest on long-term debt 118.7 104.7 96.5
Allowance for borrowed funds used during construction (10.4) (5.5) (8.3)
Interest on short-term debt and other interest charges 3.3 4.2 5.4
Interest expense 111.6 103.4 93.6
INCOME BEFORE TAXES 381.2 326.7 290.4
INCOME TAX EXPENSE 117.9 111.0 90.0
NET INCOME $ 263.3 $ 215.7 $ 200.4