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CONSOLIDATED STATEMENT OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating revenues:      
Natural gas gathering and processing $ 1,179,680 $ 1,008,023 $ 732,251
Natural gas distribution 666,650 698,513 692,904
Natural gas transportation and storage 803,650 769,450 749,161
Other 15,974 13,927 4,702
Total operating revenues 2,665,954 2,489,913 2,179,018
Operating expenses:      
Cost of natural gas and other energy 1,362,177 1,243,749 1,060,892
Operating, maintenance and general 498,255 463,517 468,721
Depreciation and amortization 237,690 228,637 213,827
Revenue-related taxes 35,608 37,619 36,375
Taxes, other than on income and revenues 54,366 55,776 53,114
Total operating expenses 2,188,096 2,029,298 1,832,929
Operating income 477,858 460,615 346,089
Other income (expenses):      
Interest expense (219,232) (216,665) (196,800)
Earnings from unconsolidated investments 98,935 105,415 80,790
Other, net 1,643 312 21,401
Total other expenses, net (118,654) (110,938) (94,609)
Earnings from continuing operations before income taxes 359,204 349,677 251,480
Federal and state income tax expense 103,780 107,029 71,900
Earnings from continuing operations 255,424 242,648 179,580
Loss from discontinued operations 0 (18,100) 0
Net earnings 255,424 224,548 179,580
Preferred stock dividends 0 (5,040) (8,683)
Loss on extinguishment of preferred stock 0 (3,295) 0
Net earnings available for common stockholders $ 255,424 $ 216,213 $ 170,897
Net earnings available for common stockholders from continuing operations per share:      
Basic $ 2.05 $ 1.88 $ 1.38
Diluted $ 2.02 $ 1.87 $ 1.37
Net earnings available for common stockholders per share:      
Basic $ 2.05 $ 1.74 $ 1.38
Diluted $ 2.02 $ 1.73 $ 1.37
Cash dividends declared on common stock per share: $ 0.60 $ 0.60 $ 0.60
Weighted average shares outstanding:      
Basic 124,720 124,474 124,076
Diluted 126,283 125,191 124,409