Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2011

Wexpro's operating results prior to the Spin-off are reflected in this Annual Report on Form 10-K as discontinued operations and summarized below:

	Year Ended December 31,
	2011		2010			2009
	(in millions, except per share amounts)
Revenues	$	-	$	131.2		$	242.9

Income before income taxes		-		67.4			126.9
Income taxes		-		(24.2	)		(46.2	)
Discontinued operations, net of income taxes	$	-	$	43.2		$	80.7

Earnings per common share attributable to QEP
Basic from discontinued operations	$	-	$	0.25		$	0.46
Diluted from discontinued operations		-		0.24			0.46

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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