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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating Activities      
Net income $ 259,624 $ 290,807 $ 256,325
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, depletion and amortization 283,997 247,865 235,084
Accretion expense 6,837 6,178 4,935
Deferred income taxes 129,041 133,840 84,616
Bad debt expense 2,525 1,565 10,688
Change in derivative fair value 36,210 (819) (104)
Gain on sale of assets (5,994) (2,521) (5,617)
Other, net 13,298 (568) 23,843
Exploratory expense 10,916 63,668 9,874
Net change in:      
Accounts receivable (16,359) (31,939) (31,914)
Inventories (14,710) 4,022 30,679
Accounts payable 12,978 18,889 5,539
Amounts due customers including gas supply pass-through (2,597) 20,751 16,967
Income tax receivable 37,146 (39,937) 45,924
Pension and other postretirement benefit contributions (5,986) (42,233) (24,137)
Other current assets and liabilities 14,905 1,454 16,755
Net cash provided by operating activities 761,831 671,022 679,457
Investing Activities      
Additions to property, plant and equipment (889,614) (434,121) (340,107)
Acquisitions, net of cash acquired (310,193) (410,348) (185,131)
Proceeds from sale of assets 7,987 3,155 7,923
Purchase of short-term investments 0 (154,880) 0
Sale of short-term investments 0 154,965 0
Other, net (1,679) (1,464) (1,808)
Net cash used in investing activities (1,193,499) (842,693) (519,123)
Financing Activities      
Payment of dividends on common stock (38,922) (37,377) (35,542)
Issuance of common stock 6,415 685 621
Issuance of long-term debt 749,952 0 0
Reduction of long-term debt (5,547) (150,729) (1,035)
Net change in short-term debt (290,000) 305,000 (62,000)
Tax benefit on stock compensation 986 907 606
Other (4,334) 0 (317)
Net cash provided by (used in) financing activities 418,550 118,486 (97,667)
Net change in cash and cash equivalents (13,118) (53,185) 62,667
Cash and cash equivalents at beginning of period 22,659 75,844 13,177
Cash and Cash Equivalents at end of period 9,541 22,659 75,844
Alabama Gas Corporation
     
Operating Activities      
Net income 46,602 46,883 45,415
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, depletion and amortization 39,916 44,042 50,995
Deferred income taxes 28,058 28,861 16,257
Bad debt expense 2,457 1,561 10,605
Other, net 1,560 (10,958) 9,092
Net change in:      
Accounts receivable 4,862 (26,567) 7,001
Inventories (7,371) 5,854 34,585
Accounts payable (1,499) 2,663 (30,320)
Amounts due customers including gas supply pass-through (2,597) 20,751 16,967
Income tax receivable 553 (6,846) 27,185
Pension and other postretirement benefit contributions (2,811) (26,083) (14,731)
Other current assets and liabilities (2,802) 14,273 585
Net cash provided by operating activities 106,928 94,434 173,636
Investing Activities      
Additions to property, plant and equipment (73,447) (92,099) (77,070)
Other, net (2,743) (1,827) (1,320)
Net cash used in investing activities (76,190) (93,926) (78,390)
Financing Activities      
Payment of dividends on common stock (29,183) (37,367) (35,859)
Issuance of long-term debt 50,000 0 0
Reduction of long-term debt (5,547) (729) (1,035)
Net decreases in advances from affiliates 0 (24,962) 3,380
Net change in short-term debt (55,000) 70,000 (62,000)
Debt issuance costs (101) 0 0
Net cash provided by (used in) financing activities (39,831) 6,942 (95,514)
Net change in cash and cash equivalents (9,093) 7,450 (268)
Cash and cash equivalents at beginning of period 16,910 9,460 9,728
Cash and Cash Equivalents at end of period $ 7,817 $ 16,910 $ 9,460