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Mergers and Acquisitions (Tables) - NMGI [Member]
9 Months Ended
Sep. 30, 2015
Pro Forma Financial Information

 

Pro Forma Impact of Acquisition

Three months ended

Nine months ended

 

(millions, except per share amounts)

Sept. 30, 2014

 

 

Sept. 30, 2014

 

Revenues

$

720.0

 

 

$

2,111.0

 

Net income from continuing operations

$

70.8

 

 

$

199.3

 

Basic and Diluted EPS from continuing operations

$

0.31

 

 

$

0.86

 

 

After-tax transaction and integration charges recognized in connection with the acquisition

The following after-tax transaction and integration charges were recognized in connection with the NMGI acquisition and are included in the TECO Energy Consolidated Statements of Operations for the three and nine months ended Sept. 30, 2015 and 2014.

 

Transaction and Integration Costs

Three months ended Sept. 30,

 

 

Nine months ended Sept. 30,

 

(millions)

2015

 

 

2014

 

 

2015

 

 

2014

 

Legal and other consultants

$

0.1

 

 

$

5.3

 

 

$

0.4

 

 

$

7.2

 

Bridge loan costs

 

0.0

 

 

 

0.4

 

 

 

0.0

 

 

 

2.9

 

Severance and relocation costs

 

0.0

 

 

 

1.7

 

 

 

0.5

 

 

 

1.7

 

Other costs and tax benefit

 

0.1

 

 

 

(6.5

)

 

 

0.3

 

 

 

(6.1

)

Total accounting charges

$

0.2

 

 

$

0.9

 

 

$

1.2

 

 

$

5.7