XML 79 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Utility revenues $ 3,294.5 $ 3,368.5 $ 3,495.8
Nonregulated revenues 1,414.2 1,834.7 4,004.0
Total revenues 4,708.7 5,203.2 7,499.8
Utility cost of fuel, natural gas, and purchased power 1,635.3 1,685.5 1,919.8
Nonregulated cost of sales 1,281.6 1,619.8 3,701.3
Operating and maintenance expense 1,028.2 1,045.6 1,098.4
Impairment losses on property, plant, and equipment 4.6 43.2 0.7
Restructuring expense 2.0 7.9 43.5
Net (gain) loss on Integrys Energy Services' dispositions related to strategy change (0.3) 14.1 28.9
Goodwill impairment loss     291.1
Depreciation and amortization expense 250.1 265.8 230.6
Taxes other than income taxes 98.4 93.2 96.3
Operating income 408.8 428.1 89.2
Miscellaneous income 84.8 91.5 89.0
Interest expense (128.8) (147.9) (164.8)
Other expense (44.0) (56.4) (75.8)
Income before taxes 364.8 371.7 13.4
Provision for income taxes 133.9 148.2 83.7
Net income (loss) from continuing operations 230.9 223.5 (70.3)
Discontinued operations, net of tax (0.4) 0.2 2.8
Net income (loss) 230.5 223.7 (67.5)
Preferred stock dividends of subsidiary (3.1) (3.1) (3.1)
Noncontrolling interest in subsidiaries   0.3 1.0
Net income (loss) attributed to common shareholders $ 227.4 $ 220.9 $ (69.6)
Average shares of common stock      
Basic (in shares) 78.6 77.5 76.8
Diluted (in shares) 79.1 78.0 76.8
Earnings (loss) per common share (basic)      
Net income (loss) from continuing operations (in dollars per share) $ 2.90 $ 2.85 $ (0.95)
Discontinued operations, net of tax (in dollars per share) $ (0.01)   $ 0.04
Earnings (loss) per common share (basic) (in dollars per share) $ 2.89 $ 2.85 $ (0.91)
Earnings (loss) per common share (diluted)      
Net income (loss) from continuing operations (in dollars per share) $ 2.88 $ 2.83 $ (0.95)
Discontinued operations, net of tax (in dollars per share) $ (0.01)   $ 0.04
Earnings (loss) per common share (diluted) (in dollars per share) $ 2.87 $ 2.83 $ (0.91)
Dividends per common share declared (in dollars per share) $ 2.72 $ 2.72 $ 2.72