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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
OPERATING REVENUES $ 906,264 $ 915,822 $ 1,592,515 $ 1,602,474
OPERATING EXPENSES        
Fuel and purchased power 290,854 277,584 540,640 508,263
Operations and maintenance 211,222 229,300 424,104 452,550
Depreciation and amortization 105,150 106,292 206,922 210,022
Taxes other than income taxes 44,004 40,814 89,849 80,835
Other expenses 921 2,020 1,717 4,069
Total 652,151 656,010 1,263,232 1,255,739
OPERATING INCOME 254,113 259,812 329,283 346,735
OTHER INCOME (DEDUCTIONS)        
Allowance for equity funds used during construction 7,499 6,265 14,941 13,129
Other income (Note 10) 2,781 469 5,148 1,227
Other expense (Note 10) (508) (2,234) (5,192) (5,986)
Total 9,772 4,500 14,897 8,370
INTEREST EXPENSE        
Interest charges 51,751 51,307 104,720 100,785
Allowance for borrowed funds used during construction (3,790) (3,636) (7,560) (7,626)
Total 47,961 47,671 97,160 93,159
INCOME BEFORE INCOME TAXES 215,924 216,641 247,020 261,946
INCOME TAXES 74,540 77,043 80,945 89,512
NET INCOME 141,384 139,598 166,075 172,434
Less: Net income attributable to noncontrolling interests (Note 6) 8,926 8,391 17,851 16,783
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS $ 132,458 $ 131,207 $ 148,224 $ 155,651
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING - BASIC (in shares) 110,565 109,962 110,546 109,898
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING - DILUTED (in shares) 111,002 110,932 110,925 110,843
EARNINGS PER WEIGHTED-AVERAGE COMMON SHARE OUTSTANDING        
Net income attributable to common shareholders - basic (in dollars per share) $ 1.20 $ 1.19 $ 1.34 $ 1.42
Net income attributable to common shareholders - diluted (in dollars per share) $ 1.19 $ 1.18 $ 1.34 $ 1.40
DIVIDENDS DECLARED PER SHARE (in dollars per share) $ 1.14 $ 1.09 $ 1.14 $ 1.09