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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current Assets    
Cash and cash equivalents $ 146.4 $ 0
Accounts receivable, net 236.9 397.4
Fair value of derivative contracts 268.2 273.7
Inventories, at lower of average cost or market    
Gas, oil and NGL 11.6 16.2
Materials and supplies 90.0 87.6
Prepaid expenses and other 42.5 43.7
Total Current Assets 795.6 818.6
Property, Plant and Equipment (successful efforts method for gas and oil properties)    
Proved properties 8,822.3 8,172.4
Unproved properties 305.4 326.8
Midstream field services 1,550.1 1,463.6
Marketing and other 53.6 49.8
Total Property, Plant and Equipment 10,731.4 10,012.6
Less Accumulated Depreciation, Depletion and Amortization    
Exploration and production 3,763.7 3,339.2
Midstream field services 327.8 297.5
Marketing and other 16.3 14.6
Total Accumulated Depreciation, Depletion and Amortization 4,107.8 3,651.3
Net Property, Plant and Equipment 6,623.6 6,361.3
Investment in unconsolidated affiliates 41.9 42.2
Goodwill 59.5 59.5
Fair value of derivative contracts 76.2 123.5
Other noncurrent assets 40.8 37.6
TOTAL ASSETS 7,637.6 7,442.7
Current Liabilities    
Checks outstanding in excess of cash balances 0 29.4
Accounts payable and accrued expenses 373.8 457.3
Production and property taxes 47.2 40.0
Interest payable 33.0 24.4
Fair value of derivative contracts 2.3 1.3
Deferred income taxes 31.0 85.4
Total Current Liabilities 487.3 637.8
Long-term debt 1,866.6 1,679.4
Deferred income taxes 1,563.1 1,484.7
Asset retirement obligations 172.2 163.9
Fair value of derivative contracts 2.4 0
Other long-term liabilities 129.8 124.8
Commitments and contingencies      
EQUITY    
Common stock - par value $0.01 per share; 500.0 million shares authorized; 178.5 million and 177.2 million shares issued, respectively 1.8 1.8
Treasury stock - 0.7 million and 0.4 million shares, respectively (24.0) (13.1)
Additional paid-in capital 450.4 431.4
Retained earnings 2,820.7 2,673.5
Accumulated other comprehensive income 118.1 207.9
Total Common Shareholders' Equity 3,367.0 3,301.5
Noncontrolling interest 49.2 50.6
Total Equity 3,416.2 3,352.1
TOTAL LIABILITIES AND EQUITY $ 7,637.6 $ 7,442.7