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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
OPERATING ACTIVITIES    
Net income $ 156.2 $ 167.3
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 413.3 377.4
Deferred income taxes 77.1 95.7
Abandonment and impairment 62.3 10.7
Share-based compensation 12.3 10.8
Amortization of debt issuance costs and discounts 2.4 1.5
Dry exploratory well expense 0.1 0.5
Net gain from asset sales (1.5) (0.2)
Income from unconsolidated affiliates (3.3) (2.2)
Distributions from unconsolidated affiliates and other 3.5 2.6
Non-cash loss on early extinguishment of debt 0.1 0
Unrealized gain on derivative contracts (89.9) (58.8)
Changes in operating assets and liabilities 61.7 23.3
Net Cash Provided by Operating Activities 694.3 628.6
INVESTING ACTIVITIES    
Property acquisitions (4.0) (29.8)
Property, plant and equipment, including dry exploratory well expense (681.5) (632.0)
Proceeds from disposition of assets 3.6 1.6
Net Cash Used in Investing Activities (681.9) (660.2)
FINANCING ACTIVITIES    
Checks outstanding in excess of cash balances (29.4) (1.5)
Long-term debt issued 800.0 0
Long-term debt issuance costs paid (8.8) 0
Long-term debt repaid (6.7) (58.5)
Proceeds from credit facility 194.5 200.0
Repayments of credit facility (801) (100)
Other capital contributions (6.4) (0.4)
Dividends paid (7.1) (7.1)
Excess tax benefit on share-based compensation 2.0 1.4
Distribution from Questar 0 0.2
Distribution to noncontrolling interest (3.1) (2.5)
Net Cash Provided by Financing Activities 134.0 31.6
Change in cash and cash equivalents 146.4 0
Beginning cash and cash equivalents 0 0
Ending cash and cash equivalents 146.4 0
Supplemental Disclosures:    
Cash paid for interest 42.7 64.6
Cash paid (received) for income taxes 8.0 (7.2)
Non-cash investing activities    
Change in capital expenditure accrual balance $ 45.3 $ 12.3