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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Operating Revenues      
Total operating revenues $ 1,738,650 $ 1,540,819 $ 1,373,113
Operating Expenses      
Cost of gas 215,455 142,228 233,523
Operations and maintenance 562,350 458,084 398,084
Depreciation, depletion and amortization 497,381 385,453 253,757
Asset impairment 29,794 21,545 0
Taxes, other than income taxes 105,268 86,801 88,351
Accretion expense 6,995 6,339 5,699
Total operating expenses 1,387,449 1,078,905 979,414
Income taxes      
Operating Income 351,201 461,914 393,699
Other Income (Expense)      
Interest expense 69,200 65,542 44,822
Other income 16,803 4,285 2,206
Other expense (375) (903) (456)
Total other income (expense) (52,772) (62,160) (43,072)
Interest Expense      
Income From Continuing Operations Before Income Taxes 298,429 399,754 350,627
Income tax expense from continuing operations 105,282 144,534 126,322
Income From Continuing Operations 193,147 255,220 224,305
Income (loss) from discontinued operations 7,813 (1,658) 35,319
Gain on disposal of discontinued operations, net 3,594 0 0
Total Income (Loss) From Discontinued Operations 11,407 (1,658) 35,319
Net Income 204,554 253,562 259,624
Diluted Earnings Per Average Common Share      
Continuing operations (in dollars per share) $ 2.67 $ 3.53 $ 3.10
Discontinued operations (in dollars per share) $ 0.15 $ (0.02) $ 0.49
Net Income (in dollars per share) $ 2.82 $ 3.51 $ 3.59
Basic Earnings Per Average Common Share      
Continuing operations (in dollars per share) $ 2.67 $ 3.54 $ 3.11
Discontinued operations (in dollars per share) $ 0.16 $ (0.02) $ 0.49
Net Income (in dollars per share) $ 2.83 $ 3.52 $ 3.60
Dividends Per Common Share (dollars per share) $ 0.58 $ 0.56 $ 0.54
Diluted Average Common Shares Outstanding 72,470,622 72,316,214 72,332,369
Basic Average Common Shares Outstanding 72,317,865 72,119,021 72,055,661
Alabama Gas Corporation
     
Operating Revenues      
Natural gas distribution 533,338 451,589 534,953
Operating Expenses      
Cost of gas 215,455 142,228 233,523
Operations and maintenance 143,138 141,334 139,030
Depreciation, depletion and amortization 43,907 42,270 39,916
Taxes, other than income taxes 37,070 32,541 36,268
Total operating expenses 474,257 388,617 475,407
Income taxes      
Current 19,687 18,966 (1,388)
Deferred 15,000 11,278 28,058
Operating Income 59,081 62,972 59,546
Other Income (Expense)      
Interest expense 15,649 16,284 14,740
Allowance for funds used during construction 698 623 807
Other income 14,393 2,382 1,309
Other expense (1,124) (291) (320)
Total other income (expense) 13,967 2,714 1,796
Interest Expense      
Interest on long-term debt 13,509 13,744 12,100
Other interest expense 2,140 2,540 2,640
Income tax expense from continuing operations 34,687 30,244 26,670
Net Income $ 57,399 $ 49,402 $ 46,602