COMMON EQUITY

12 Months Ended

Dec. 31, 2013

Stockholders' Equity Note [Abstract]

COMMON EQUITY

COMMON EQUITY

The Company’s articles of incorporation do not limit the dividends that may be paid on its common stock. However, SCANA’s junior subordinated indenture (relating to the Hybrids), SCE&G’s bond indenture (relating to the Bonds) and PSNC Energy’s note purchase and debenture purchase agreements each contain provisions that, under certain circumstances, which the Company considers to be remote, could limit the payment of cash dividends on their respective common stock.

The Federal Power Act requires the appropriation of a portion of certain earnings from hydroelectric projects. At December 31, 2013 and 2012, approximately $63.1 million and $61.0 million of retained earnings, respectively, were restricted by this requirement as to payment of cash dividends on SCE&G’s common stock.

Cash dividends on SCANA’s common stock were declared during 2013, 2012 and 2011 at an annual rate per share of $2.03, $1.98 and $1.94, respectively.

The accumulated balances related to each component of accumulated other comprehensive income (loss), net of tax, were as follows:

Millions of Dollars	Gains (Losses) on Cash Flow Hedges			Deferred Employee Benefit Plans			Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Loss as of January 1, 2012	$	(81	)	$	(13	)	$	(94	)
Other comprehensive income (loss)	11			(3		)	8
Accumulated Other Comprehensive Loss as of December 31, 2012	(70		)	(16		)	(86		)
Other comprehensive income	18			8			26
Accumulated Other Comprehensive Loss as of December 31, 2013	$	(52	)	$	(8	)	$	(60	)

Authorized shares of common stock were 200 million as of December 31, 2013 and 2012.

SCANA issued common stock valued at $100.9 million, $97.7 million and $97.8 million (when issued) during the years ended December 31, 2013, 2012 and 2011, respectively, which was satisfied using original issue shares, through various compensation and dividend reinvestment plans, including the Stock Purchase Savings Plan.

In March 2013, SCANA settled all forward sales contracts related to its common stock through the issuance of approximately 6.6 million common shares, resulting in net proceeds of approximately $196.2 million.

SCE&G

Stockholders' Equity Note [Abstract]

COMMON EQUITY

EQUITY

The balance for accumulated other comprehensive income (loss), net of tax, was as follows:

Millions of Dollars	Deferred Employee Benefit Plans
Accumulated Other Comprehensive Loss as of January 1, 2012	$	(3	)
Other comprehensive loss	(1		)
Accumulated Other Comprehensive Loss as of December 31, 2012	(4		)
Other comprehensive income	1
Accumulated Other Comprehensive Loss as of December 31, 2013	$	(3	)

     Authorized shares of SCE&G common stock were 50 million as of December 31, 2013 and 2012.  Authorized shares of SCE&G preferred stock were 20 million, of which 1,000 shares, no par value, were held by SCANA as of December 31, 2013 and 2012.

SCE&G’s articles of incorporation do not limit the dividends that may be paid on its common stock. However, SCE&G’s bond indenture contains provisions that, under certain circumstances, which SCE&G considers to be remote, could limit the payment of cash dividends on its common stock.

The Federal Power Act requires the appropriation of a portion of certain earnings from hydroelectric projects. At December 31, 2013 and 2012, approximately $63.1 million and $61.0 million of retained earnings, respectively, were restricted by this requirement as to payment of cash dividends on common stock.