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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
OPERATING ACTIVITIES  
Net income$ 269.7$ 263.3
Discontinued operations, net of income tax0(43.2)
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation, depletion and amortization566.4469.5
Deferred income taxes155.9206.3
Abandonment and impairment16.429.1
Share-based compensation16.511.3
Amortization of debt issuance costs and discounts2.41.8
Dry exploratory well expense0.50
Net gain from asset sales(1.4)(12.3)
Income from unconsolidated affiliates(4.5)(2.5)
Distributions from unconsolidated affiliates and other7.62.1
Loss on early extinguishment of debt0.713.3
Unrealized gain on basis-only swaps(86.7)(90.0)
Changes in operating assets and liabilities12.2(80.7)
Net Cash Provided by Operating Activities of Continuing Operations955.7768.0
INVESTING ACTIVITIES  
Property acquisitions(40.7)(94.1)
Property, plant and equipment, including dry exploratory well expense(957.7)(941.8)
Proceeds from disposition of assets7.425.4
Change in notes receivable052.9
Net Cash Used in Investing Activities of Continuing Operations(991.0)(957.6)
FINANCING ACTIVITIES  
Checks outstanding in excess of cash balances7.20
Long-term debt issued280.0819.3
Long-term debt issuance costs paid(10.5)(18.1)
Current portion long-term debt repaid(58.5)(91.5)
Repayments of notes payable0(39.3)
Long-term debt repaid(170.0)(721.5)
Long-term debt extinguishment costs0(4.9)
Other capital contributions1.61.4
Equity contribution0250.0
Dividends paid(10.6)(3.5)
Distribution from Questar0.2(15.7)
Distribution to noncontrolling interest(4.1)(3.7)
Net Cash Provided by Financing Activities of Continuing Operations35.3172.5
CASH USED IN CONTINUING OPERATIONS0(17.1)
Cash provided by operating activities of discontinued operations068.6
Cash used in investing activities of discontinued operations0(39.9)
Cash used in financing activities of discontinued operations0(26.9)
Effect of change in cash and cash equivalents of discontinued operations0(1.8)
Change in cash and cash equivalents0(17.1)
Beginning cash and cash equivalents019.3
Ending cash and cash equivalents$ 0$ 2.2