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Consolidated Condensed Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current Assets    
Cash and cash equivalents $ 61,306 $ 9,541
Accounts receivable    
Allowance for doubtful accounts (7,744) (12,946)
Accounts receivable, net of allowance for doubtful accounts of $6,848 at June 30, 2012, and $12,946 at December 31, 2011 247,095 231,925
Inventories    
Storage gas inventory 35,650 44,047
Materials and supplies 36,089 26,420
Liquified natural gas in storage 3,689 3,545
Regulatory asset 60,485 57,143
Income tax receivable 2,942 7,343
Deferred income taxes 12,546 48,818
Prepayments and other 11,647 15,386
Total current assets 471,449 444,168
Property, Plant and Equipment    
Oil and gas properties, successful efforts method 5,796,145 5,166,368
Less accumulated depreciation, depletion and amortization 1,576,618 1,382,526
Oil and gas properties, net 4,219,527 3,783,842
Utility plant 1,383,563 1,358,266
Less accumulated depreciation 557,137 544,838
Utility plant, net 826,426 813,428
Other property, net 23,914 23,506
Total property, plant and equipment, net 5,069,867 4,620,776
Other Assets    
Regulatory asset 89,785 95,633
Long-term derivative instruments 103,273 31,056
Deferred charges and other 45,166 45,783
Total other assets 238,224 172,472
TOTAL ASSETS 5,779,540 5,237,416
Current Liabilities    
Long-term debt due within one year 1,000 1,000
Notes payable to banks 310,000 15,000
Accounts payable 252,586 302,048
Affiliated Companies   0
Accrued taxes 74,158 32,359
Customers' deposits 24,117 23,950
Amounts due customers 15,542 21,065
Accrued wages and benefits 22,799 35,258
Regulatory liability 28,497 58,279
Royalty payable 30,570 22,592
Other 30,292 32,328
Total current liabilities 789,561 543,879
Long-term debt 1,153,599 1,153,700
Deferred Credits and Other Liabilities    
Asset retirement obligation 112,793 107,340
Pension and other postretirement liabilities 64,352 62,532
Regulatory liability 77,144 87,234
Long-term derivative instruments 1,624 34,663
Deferred income taxes 877,749 806,127
Other 10,174 9,778
Total deferred credits and other liabilities 1,143,836 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 489,584 482,918
Capital surplus 2,802 2,802
Retained earnings 2,269,385 2,100,885
Accumulated other comprehensive loss, net of tax    
Unrealized gain (loss) on hedges, net 93,893 9,273
Pension and postretirement plans (36,848) (38,584)
Interest rate swap (1,963) (941)
Deferred compensation plan 3,632 3,511
Treasury stock, at cost; 3,037,234 shares at June 30, 2012, and 3,036,549 shares at December 31, 2011 (128,691) (128,451)
Total shareholders' equity 2,692,544 2,432,163
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 5,779,540 5,237,416
Alabama Gas Corporation
   
Current Assets    
Cash and cash equivalents 15,927 7,817
Accounts receivable    
Gas 37,855 96,812
Other 5,058 6,858
Affiliated companies 0 2,841
Allowance for doubtful accounts (6,000) (12,100)
Inventories    
Storage gas inventory 35,650 44,047
Materials and supplies 4,962 4,183
Liquified natural gas in storage 3,689 3,545
Regulatory asset 60,485 57,143
Income tax receivable 1,904 9,762
Deferred income taxes 20,876 21,986
Prepayments and other 1,736 4,422
Total current assets 182,142 247,316
Property, Plant and Equipment    
Utility plant 1,383,563 1,358,266
Less accumulated depreciation 557,137 544,838
Utility plant, net 826,426 813,428
Other property, net 42 43
Other Assets    
Regulatory asset 89,785 95,633
Deferred charges and other 9,833 10,380
Total other assets 99,618 106,013
TOTAL ASSETS 1,108,228 1,166,800
Current Liabilities    
Notes payable to banks 0 15,000
Accounts payable 59,678 110,552
Affiliated Companies 14,304  
Accrued taxes 36,065 26,861
Customers' deposits 24,117 23,950
Amounts due customers 15,542 21,065
Accrued wages and benefits 8,920 12,971
Regulatory liability 28,497 58,279
Other 10,256 9,250
Total current liabilities 197,379 277,928
Long-term debt 250,123 250,246
Deferred Credits and Other Liabilities    
Pension and other postretirement liabilities 22,522 21,383
Regulatory liability 77,144 87,234
Long-term derivative instruments 0 3,070
Deferred income taxes 186,548 181,492
Other 634 709
Total deferred credits and other liabilities 286,848 293,888
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 339,374 310,234
Accumulated other comprehensive loss, net of tax    
Total shareholders' equity 373,878 344,738
Total capitalization 624,001 594,984
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,108,228 $ 1,166,800