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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
OPERATING REVENUES:      
OPERATING REVENUES $ 2,943,307 $ 3,280,222 $ 3,585,798
Operating Expenses      
Fuel for power generation 680,585 821,484 881,768
Purchased power 633,874 648,881 758,736
Gas purchased for resale 125,155 137,702 153,607
Deferred energy (83,333) 113,107 289,076
Energy efficiency program costs 43,537 0 0
Other operating expenses 411,115 414,241 453,413
Maintenance 103,307 104,567 102,309
Depreciation and amortization 357,937 333,059 321,921
Taxes other than income 60,465 62,746 60,885
Total Operating Expenses 2,332,642 2,635,787 3,021,715
OPERATING INCOME 610,665 644,435 564,083
OTHER INCOME (EXPENSE):      
Interest expense (net of AFUDC-debt) (328,710) (333,010) (334,314)
Interest income (expense) on regulatory items (16,321) (12,517) (2,280)
AFUDC - equity 10,873 28,112 24,274
Other income 22,764 36,841 33,122
Other expense (48,924) (23,113) (26,498)
Total Other Income (Expense) (360,318) (303,687) (305,696)
Income Before Income Tax Expense 250,347 340,748 258,387
Income Tax Expense (Benefit) 86,915 113,764 75,451
NET INCOME 163,432 226,984 182,936
Other comprehensive income (loss):      
Change in compensation retirement benefits liability and amortization (357) (403) (128)
Change in market value of risk management assets and liabilities (686) 0 0
OTHER COMPREHENSIVE INCOME(LOSS) (1,043) (403) (128)
COMPREHENSIVE INCOME 162,389 226,581 182,808
Amount per share basic and diluted - (Note 15)      
Net income per share - basic $ 0.69 $ 0.97 $ 0.78
Net income per share - diluted $ 0.69 $ 0.96 $ 0.78
Weighted Average Shares of Common Stock Outstanding - basic 235,847,596 235,048,347 234,542,292
Weighted Average Shares of Common Stock Outstanding - diluted 237,767,071 [1] 236,294,812 [1] 235,180,688 [1]
Dividends Declared Per Share of Common Stock $ 0.49 $ 0.45 $ 0.41
NPC [Member]
     
OPERATING REVENUES:      
OPERATING REVENUES 2,054,393 2,252,377 2,423,377
Operating Expenses      
Fuel for power generation 498,487 588,419 587,647
Purchased power 477,226 505,239 627,759
Deferred energy (16,300) 94,843 207,611
Energy efficiency program costs 37,292    
Other operating expenses 260,127 260,535 279,865
Maintenance 64,320 71,759 71,019
Depreciation and amortization 252,191 226,252 215,873
Taxes other than income 37,254 37,918 37,241
Total Operating Expenses 1,610,597 1,784,965 2,027,015
OPERATING INCOME 443,796 467,412 396,362
OTHER INCOME (EXPENSE):      
Interest expense (net of AFUDC-debt) (221,953) (214,367) (226,252)
Interest income (expense) on regulatory items (8,572) (3,169) 3,463
AFUDC - equity 8,298 25,229 21,025
Other income 14,774 15,541 19,658
Other expense (33,020) (12,946) (18,320)
Total Other Income (Expense) (240,473) (189,712) (200,426)
Income Before Income Tax Expense 203,323 277,700 195,936
Income Tax Expense (Benefit) 70,737 91,757 61,652
NET INCOME 132,586 185,943 134,284
Other comprehensive income (loss):      
Change in compensation retirement benefits liability and amortization (241) (380) 175
COMPREHENSIVE INCOME 132,345 185,563 134,459
SPPC [Member]
     
OPERATING REVENUES:      
Electric 716,417 836,879 957,130
Gas 172,482 190,943 205,263
OPERATING REVENUES 888,899 1,027,822 1,162,393
Operating Expenses      
Fuel for power generation 182,098 233,065 294,121
Purchased power 156,648 143,642 130,977
Gas purchased for resale 125,155 137,702 153,607
Deferral of energy - electric-net (65,445) 8,475 73,829
Deferral of energy - gas-net (1,588) 9,789 7,636
Energy efficiency program costs 6,245    
Other operating expenses 146,699 149,946 170,849
Maintenance 38,987 32,808 31,290
Depreciation and amortization 105,746 106,807 106,048
Taxes other than income 22,921 24,593 23,447
Total Operating Expenses 717,466 846,827 991,804
OPERATING INCOME 171,433 180,995 170,589
OTHER INCOME (EXPENSE):      
Interest expense (net of AFUDC-debt) (67,435) (68,514) (69,413)
Interest income (expense) on regulatory items (7,749) (9,348) (5,743)
AFUDC - equity 2,575 2,883 3,249
Other income 6,883 16,748 13,276
Other expense (14,624) (9,985) (7,648)
Total Other Income (Expense) (80,350) (68,216) (66,279)
Income Before Income Tax Expense 91,083 112,779 104,310
Income Tax Expense (Benefit) 31,197 40,404 31,225
NET INCOME 59,886 72,375 73,085
Other comprehensive income (loss):      
Change in compensation retirement benefits liability and amortization 1,236 (215) (87)
COMPREHENSIVE INCOME $ 61,122 $ 72,160 $ 72,998
[1] The denominator does not include stock equivalents for options issued under the LTIP due to conversion prices being higher than market prices for all periods. Under this plan, an additional 557,793, 701,658 and 679,272 shares for 2011, 2010 and 2009, respectively, would be included in each of these periods if the conditions for conversion were met.