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Contingent Value Obligations	9 Months Ended
Sep. 30, 2011
Contingent Value Obligations Disclosure [Abstract]
Contingent value obligations	10. CONTINGENT VALUE OBLIGATIONS In connection with the acquisition of Florida Progress Corporation (Florida Progress) during 2000, the Parent issued 98.6 million CVOs. Each CVO represents the right of the holder to receive contingent payments based on the performance of four coal-based solid synthetic fuels limited liability companies purchased by subsidiaries of Florida Progress in October 1999. All of our synthetic fuels businesses were abandoned and all operations ceased as of December 31, 2007 (See Note 15 of the 2010 Form 10-K). On June 10, 2011, Davidson Kempner Partners, M.H. Davidson & Co., Davidson Kempner Institutional Partners, L.P., and Davidson Kempner International, Ltd. (jointly, Davidson Kempner) filed a lawsuit against us (see Note 15C) related to their ownership of CVOs. On October 3, 2011, we entered a settlement agreement and release with Davidson Kempner under which the parties mutually released all claims related to the CVOs and we purchased all of Davidson Kempner's CVOs at a negotiated purchase price of $0.75 per CVO. The settlement agreement also contemplated a tender offer to remaining CVO holders at the same purchase price. Accordingly, we determined the purchase price included in the settlement agreement represented the fair value of the CVOs at September 30, 2011 (see Note 8). We commenced the tender offer in early November. The unrealized loss due to the change in fair value is recorded in other, net on the Consolidated Statements of Income. At September 30, 2011, the CVO liability included in other current liabilities on our Consolidated Balance Sheets was $74 million, and at December 31, 2010, the CVO liability included in other liabilities and deferred credits on our Consolidated Balance Sheets was $15 million.

Contingent Value Obligations

9 Months Ended

Sep. 30, 2011

Contingent Value Obligations Disclosure [Abstract]

10. CONTINGENT VALUE OBLIGATIONS

In connection with the acquisition of Florida Progress Corporation (Florida Progress) during 2000, the Parent issued 98.6 million CVOs. Each CVO represents the right of the holder to receive contingent payments based on the performance of four coal-based solid synthetic fuels limited liability companies purchased by subsidiaries of Florida Progress in October 1999. All of our synthetic fuels businesses were abandoned and all operations ceased as of December 31, 2007 (See Note 15 of the 2010 Form 10-K).

On June 10, 2011, Davidson Kempner Partners, M.H. Davidson & Co., Davidson Kempner Institutional Partners, L.P., and Davidson Kempner International, Ltd. (jointly, Davidson Kempner) filed a lawsuit against us (see Note 15C) related to their ownership of CVOs. On October 3, 2011, we entered a settlement agreement and release with Davidson Kempner under which the parties mutually released all claims related to the CVOs and we purchased all of Davidson Kempner's CVOs at a negotiated purchase price of $0.75 per CVO. The settlement agreement also contemplated a tender offer to remaining CVO holders at the same purchase price. Accordingly, we determined the purchase price included in the settlement agreement represented the fair value of the CVOs at September 30, 2011 (see Note 8). We commenced the tender offer in early November. The unrealized loss due to the change in fair value is recorded in other, net on the Consolidated Statements of Income. At September 30, 2011, the CVO liability included in other current liabilities on our Consolidated Balance Sheets was $74 million, and at December 31, 2010, the CVO liability included in other liabilities and deferred credits on our Consolidated Balance Sheets was $15 million.