Segments Of Business

12 Months Ended

Dec. 31, 2013

Segment Reporting [Abstract]

Segments Of Business

Segments of Business

Operating segments are components of an enterprise for which separate financial information is available and evaluated regularly by the chief operating decision maker in deciding how to allocate resources and assess performance. The NiSource Chief Executive Officer is the chief operating decision maker.

At December 31, 2013, NiSource’s operations are divided into three primary business segments. The Gas Distribution Operations segment provides natural gas service and transportation for residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, Maryland, Indiana and Massachusetts. The Columbia Pipeline Group Operations segment offers gas transportation and storage services for LDCs, marketers and industrial and commercial customers located in northeastern, mid-Atlantic, midwestern and southern states and the District of Columbia along with unregulated businesses that include midstream services and development of mineral rights positions. The Electric Operations segment provides electric service in 20 counties in the northern part of Indiana.

The following table provides information about business segments. NiSource uses operating income as its primary measurement for each of the reported segments and makes decisions on finance, dividends and taxes at the corporate level on a consolidated basis. Segment revenues include intersegment sales to affiliated subsidiaries, which are eliminated in consolidation. Affiliated sales are recognized on the basis of prevailing market, regulated prices or at levels provided for under contractual agreements. Operating income is derived from revenues and expenses directly associated with each segment.

Year Ended December 31, (in millions)	2013			2012			2011
REVENUES
Gas Distribution Operations
Unaffiliated (1)	$	3,053.5		$	2,660.3		$	3,456.5
Intersegment	0.3			0.4			1.4
Total	3,053.8			2,660.7			3,457.9
Columbia Pipeline Group Operations
Unaffiliated (2)	1,031.6			852.8			856.7
Intersegment	148.2			148.7			148.9
Total	1,179.8			1,001.5			1,005.6
Electric Operations
Unaffiliated	1,564.2			1,508.9			1,428.5
Intersegment	0.7			0.8			0.8
Total	1,564.9			1,509.7			1,429.3
Corporate and Other
Unaffiliated	8.0			8.9			9.3
Intersegment	489.0			474.7			464.6
Total	497.0			483.6			473.9
Eliminations	(638.2		)	(624.6		)	(615.7		)
Consolidated Revenues	$	5,657.3		$	5,030.9		$	5,751.0

⁽¹⁾ With the implementation of the standard choice offer, Columbia of Ohio reported lower gross revenues and cost of sales beginning April 1, 2012. There was no impact on net revenues.

⁽²⁾ Effective June 1, 2012, NiSource received approval from the FERC to implement a new surcharge to recover the costs of certain operational purchases and sales required to ensure a sufficient amount of flowing supply into Columbia Transmission’s system in northern Ohio in order to both meet its firm service obligations to customers and its storage operational requirements. Net revenues associated with this service, recorded in other revenue and offset in expense, were $170.5 million and $53.6 million for 2013 and 2012, respectively.

Year Ended December 31, (in millions)	2013			2012			2011
Operating Income (Loss)
Gas Distribution Operations	$	445.4		$	391.3		$	376.4
Columbia Pipeline Group Operations	441.4			398.4			360.0
Electric Operations	265.5			250.8			208.4
Corporate and Other	(8.9		)	(0.4		)	(30.4		)
Consolidated	$	1,143.4		$	1,040.1		$	914.4
Depreciation and Amortization
Gas Distribution Operations	$	201.4		$	189.9		$	171.5
Columbia Pipeline Group Operations	106.9			99.3			130.0
Electric Operations	244.4			249.7			214.7
Corporate and Other	24.6			23.0			19.5
Consolidated	$	577.3		$	561.9		$	535.7
Assets
Gas Distribution Operations	$	8,571.3		$	8,200.7		$	7,467.4
Columbia Pipeline Group Operations	5,193.3			4,660.7			4,215.3
Electric Operations	4,565.7			4,970.0			4,306.4
Corporate and Other	4,323.6			4,013.3			4,719.2
Consolidated	$	22,653.9		$	21,844.7		$	20,708.3
Capital Expenditures(1)
Gas Distribution Operations	$	790.8		$	649.4		$	498.9
Columbia Pipeline Group Operations	797.5			489.6			312.6
Electric Operations	426.3			422.8			296.3
Corporate and Other	31.4			23.3			17.4
Consolidated	$	2,046.0		$	1,585.1		$	1,125.2

⁽¹⁾ Amounts differ from those presented on the Statements of Consolidated Cash Flows due to the inclusion of capital expenditures included in current liabilities and contributions to equity method investees.