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CONDENSED STATEMENTS OF INCOME (Unaudited) (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
OPERATING REVENUES $ 723.2 $ 721.0 $ 1,753.3 $ 1,675.7
COST OF GOODS SOLD (exclusive of depreciation and amortization shown below) 273.0 271.8 733.6 671.9
Gross margin on revenues 450.2 449.2 1,019.7 1,003.8
OPERATING EXPENSES        
Other operation and maintenance 105.9 108.6 318.0 333.9
Depreciation and amortization 62.5 63.5 185.8 185.9
Taxes other than income 20.8 19.1 63.9 58.4
Total operating expenses 189.2 191.2 567.7 578.2
OPERATING INCOME 261.0 258.0 452.0 425.6
OTHER INCOME (EXPENSE)        
Allowance for equity funds used during construction 1.7 1.3 4.4 4.9
Other income (loss) 2.9 (0.3) 6.4 5.7
Other expense (0.5) (2.2) (1.3) (3.5)
Net other income (expense) 4.1 (1.2) 9.5 7.1
INTEREST EXPENSE        
Interest on long-term debt 33.5 31.0 97.0 93.1
Allowance for borrowed funds used during construction (0.9) (0.8) (2.3) (2.8)
Interest on short-term debt and other interest charges (1.0) 1.0 1.3 2.9
Interest expense 31.6 31.2 96.0 93.2
INCOME BEFORE TAXES 233.5 225.6 365.5 339.5
INCOME TAX EXPENSE 62.0 58.4 102.0 86.8
NET INCOME $ 171.5 $ 167.2 $ 263.5 $ 252.7