XML 36 R52.htm IDEA: XBRL DOCUMENT v2.4.0.6
Quarterly Financial Information (Unaudited) (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2010
Mar. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues $ 853.3 [1] $ 879.9 [1] $ 808.1 [1] $ 617.9 [1] $ 587.9 [1] $ 578.3 [1] $ 542.3 [1] $ 592.1 [1] $ 3,159.2 [1] $ 2,300.6 [1] $ 2,011.2
Operating income 16.5 183.4 168.9 137.1 125.5 149.3 127.6 142.9 505.9 545.3 585.5
Income from continuing operations 0.7 102.4 93.5 73.8 65.8 71.9 69.5 78.7 270.4 285.9 215.4
Discontinued operations, net of income tax         0 0 22.0 21.2 0 43.2 80.7
Net income (loss) attributable to QEP (0.3) 101.5 92.8 73.2 65.0 71.1 90.8 99.3 267.2 326.2 293.5
Per share information attributable to QEP                      
Basic EPS from continuing operations         $ 0.37 $ 0.40 $ 0.39 $ 0.45 $ 1.51 $ 1.61 $ 1.23
Basic EPS attributable to QEP $ (0.01) $ 0.58 $ 0.52 $ 0.42 $ 0.37 $ 0.40 $ 0.52 $ 0.57 $ 1.51 $ 1.86 $ 1.69
Diluted EPS from continuing operations         $ 0.37 $ 0.40 $ 0.39 $ 0.44 $ 1.50 $ 1.60 $ 1.21
Diluted EPS attributable to QEP $ 0 $ 0.57 $ 0.52 $ 0.41 $ 0.37 $ 0.40 $ 0.51 $ 0.56 $ 1.50 $ 1.84 $ 1.67
Prior periods presentation of revenues
                     
Revenues   $ 852.4 $ 784.1 $ 596.2 $ 572.0 $ 564.6 $ 529.6 $ 580.2   $ 2,246.4  
[1] During the year ended December 31, 2011, QEP revised its reporting of transportation and handling costs which have been recast on the Consolidated Income Statement from revenues to "Natural gas, oil and NGL transportation and other handling costs" for all periods presented. See Note 1, "Summary of Significant Accounting Policies" for additional information. The following table presents prior periods presentation of revenues as previously disclosed: First Quarter Second Quarter Third Quarter Fourth Quarter Year 2011 $ 596.2 $ 784.1 $ 852.4 n/a n/a 2010 580.2 529.6 564.6 572.0 2,246.4