XML 20 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Condensed Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues        
Regulated electric and gas $ 639.6 $ 670.1 $ 1,782.7 $ 1,826.8
Unregulated 126.3 188.5 380.2 481.4
Total revenues 765.9 858.6 2,162.9 2,308.2
Expenses        
Fuel 202.8 209.1 517.3 534.5
Purchased power 15.7 25.8 50.8 85.2
Cost of natural gas sold 26.7 40.5 116.9 118.5
Other 127.0 115.4 377.4 342.2
Operation and maintenance other expense        
Mining related costs 108.3 141.5 314.0 358.7
Other 3.6 1.5 8.3 4.4
Depreciation and amortization 85.4 83.4 251.3 246.9
Taxes, other than income 55.9 58.3 162.8 170.8
Total expenses 625.4 675.5 1,798.8 1,861.2
Income from continuing operations 140.5 183.1 364.1 447.0
Other income        
Allowance for other funds used during construction 1.8 0.7 4.3 1.6
Other income (0.3) 2.7 2.9 5.8
Total other income 1.5 3.4 7.2 7.4
Interest charges        
Interest expense 42.6 45.0 129.1 141.7
Allowance for borrowed funds used during construction (1.1) (0.4) (2.5) (0.9)
Total interest charges 41.5 44.6 126.6 140.8
Income from continuing operations before provision for income taxes 100.5 141.9 244.7 313.6
Provision for income taxes 37.6 51.7 89.0 113.2
Net income from continuing operations 62.9 90.2 155.7 200.4
Discontinued operations        
Loss from discontinued operations (0.2) (27.4) 0 (7.9)
(Benefit) Provision for income taxes (0.1) 18.7 0 24.6
Loss from discontinued operations, net (0.1) (46.1) 0 (32.5)
Less: Income from discontinued operations attributable to noncontrolling interest 0 0.1 0 0.3
Loss from discontinued operations attributable to TECO Energy, net (0.1) (46.2) 0 (32.8)
Net income attributable to TECO Energy $ 62.8 $ 44.0 $ 155.7 $ 167.6
Average common shares outstanding - Basic 215.2 214.5 214.9 214.2
Average common shares outstanding - Diluted 215.6 215.4 215.4 215.3
Earnings per share from continuing operations - Basic $ 0.29 $ 0.42 $ 0.72 $ 0.93
Earnings per share from continuing operations - Diluted $ 0.29 $ 0.42 $ 0.72 $ 0.93
Earnings per share from discontinued operations - Basic $ 0.00 $ (0.22) $ 0.00 $ (0.15)
Earnings per share from discontinued operations - Diluted $ 0.00 $ (0.22) $ 0.00 $ (0.15)
Earnings per share attributable to TECO Energy - Basic $ 0.29 $ 0.20 $ 0.72 $ 0.78
Earnings per share attributable to TECO Energy - Diluted $ 0.29 $ 0.20 $ 0.72 $ 0.78
Dividends paid per common share outstanding $ 0.22 $ 0.22 $ 0.66 $ 0.66