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Consolidated Condensed Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current Assets    
Cash and cash equivalents $ 49,618 $ 9,541
Accounts receivable    
Allowance for doubtful accounts (7,744) (12,946)
Accounts receivable, net of allowance for doubtful accounts of $7,744 at March 31, 2012, and $12,946 at December 31, 2011 203,642 231,925
Inventories    
Storage gas inventory 37,986 44,047
Materials and supplies 30,930 26,420
Liquified natural gas in storage 3,623 3,545
Regulatory asset 54,790 57,143
Income tax receivable 1,491 7,343
Deferred income taxes 39,471 48,818
Prepayments and other 14,952 15,386
Total current assets 436,503 444,168
Property, Plant and Equipment    
Oil and gas properties, successful efforts method 5,491,919 5,166,368
Less accumulated depreciation, depletion and amortization 1,486,756 1,382,526
Oil and gas properties, net 4,005,163 3,783,842
Utility plant 1,369,107 1,358,266
Less accumulated depreciation 550,687 544,838
Utility plant, net 818,420 813,428
Other property, net 23,827 23,506
Total property, plant and equipment, net 4,847,410 4,620,776
Other Assets    
Regulatory asset 91,478 95,633
Long-term derivative instruments 10,608 31,056
Deferred charges and other 46,773 45,783
Total other assets 148,859 172,472
TOTAL ASSETS 5,432,772 5,237,416
Current Liabilities    
Long-term debt due within one year 1,000 1,000
Notes payable to banks 165,000 15,000
Accounts payable 340,633 302,048
Accrued taxes 34,434 32,359
Customers' deposits 25,174 23,950
Amounts due customers 10,755 21,065
Accrued wages and benefits 18,417 35,258
Regulatory liability 30,049 58,279
Royalty payable 23,606 22,592
Other 24,963 32,328
Total current liabilities 674,031 543,879
Long-term debt 1,153,686 1,153,700
Deferred Credits and Other Liabilities    
Asset retirement obligation 110,209 107,340
Pension and other postretirement liabilities 63,031 62,532
Regulatory liability 74,159 87,234
Long-term derivative instruments 61,066 34,663
Deferred income taxes 813,451 806,127
Other 9,315 9,778
Total deferred credits and other liabilities 1,131,231 1,107,674
Commitments and Contingencies      
Shareholders' Equity    
Preferred stock, cumulative $0.01 par value 0 0
Common shareholders' equity    
Common stock, $0.01 par value 750 750
Premium on capital stock 488,463 482,918
Capital surplus 2,802 2,802
Retained earnings 2,148,196 2,100,885
Accumulated other comprehensive loss, net of tax    
Unrealized gain (loss) on hedges, net (2,468) 9,273
Pension and postretirement plans (37,716) (38,584)
Interest rate swap (1,179) (941)
Deferred compensation plan 3,715 3,511
Treasury stock, at cost; 3,040,117 shares at March 31, 2012, and 3,036,549 shares at December 31, 2011 (128,739) (128,451)
Total shareholders' equity 2,473,824 2,432,163
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 5,432,772 5,237,416
Alabama Gas Corporation
   
Current Assets    
Cash and cash equivalents 39,974 7,817
Accounts receivable    
Gas 56,944 96,812
Other 5,349 6,858
Affiliated companies 3,356 2,841
Allowance for doubtful accounts (6,900) (12,100)
Inventories    
Storage gas inventory 37,986 44,047
Materials and supplies 4,181 4,183
Liquified natural gas in storage 3,623 3,545
Regulatory asset 54,790 57,143
Income tax receivable 1,388 9,762
Deferred income taxes 21,433 21,986
Prepayments and other 3,716 4,422
Total current assets 225,840 247,316
Property, Plant and Equipment    
Utility plant 1,369,107 1,358,266
Less accumulated depreciation 550,687 544,838
Utility plant, net 818,420 813,428
Other property, net 42 43
Other Assets    
Regulatory asset 91,478 95,633
Deferred charges and other 10,357 10,380
Total other assets 101,835 106,013
TOTAL ASSETS 1,146,137 1,166,800
Current Liabilities    
Notes payable to banks 25,000 15,000
Accounts payable 81,811 110,552
Accrued taxes 43,060 26,861
Customers' deposits 25,174 23,950
Amounts due customers 10,755 21,065
Accrued wages and benefits 5,828 12,971
Regulatory liability 30,049 58,279
Other 9,694 9,250
Total current liabilities 231,371 277,928
Long-term debt 250,221 250,246
Deferred Credits and Other Liabilities    
Pension and other postretirement liabilities 21,945 21,383
Regulatory liability 74,159 87,234
Long-term derivative instruments 0 3,070
Deferred income taxes 184,136 181,492
Other 676 709
Total deferred credits and other liabilities 280,916 293,888
Commitments and Contingencies      
Shareholders' Equity    
Preferred stock, cumulative $0.01 par value 0 0
Common shareholders' equity    
Common stock, $0.01 par value 20 20
Premium on capital stock 31,682 31,682
Capital surplus 2,802 2,802
Retained earnings 349,125 310,234
Accumulated other comprehensive loss, net of tax    
Total shareholders' equity 383,629 344,738
Total capitalization 633,850 594,984
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,146,137 $ 1,166,800