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Consolidated Statements of Income (USD $)
Share data in Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating revenues:      
Electric, natural gas distribution and pipeline and energy services $ 1,343,714,000 $ 1,359,028,000 $ 1,504,269,000
Exploration and production, construction materials and contracting, construction services, and other 2,706,778,000 2,550,667,000 2,672,232,000
Total operating revenues 4,050,492,000 3,909,695,000 4,176,501,000
Operating expenses:      
Fuel and purchased power 64,485,000 63,065,000 65,717,000
Purchased natural gas sold 572,187,000 567,806,000 739,678,000
Operation and maintenance:      
Electric, natural gas distribution and pipeline and energy services 275,866,000 291,524,000 263,869,000
Exploration and production, construction materials and contracting, construction services, and other 2,215,269,000 2,084,377,000 2,143,195,000
Depreciation, depletion and amortization 343,395,000 328,843,000 330,542,000
Taxes, other than income 172,923,000 163,353,000 166,597,000
Noncash write-down of natural gas and oil properties 0 0 620,000,000
Total operating expenses 3,644,125,000 3,498,968,000 4,329,598,000
Operating income (loss) 406,367,000 410,727,000 (153,097,000)
Earnings from equity method investments 4,693,000 30,816,000 8,499,000
Other income 6,520,000 8,018,000 9,331,000
Interest expense 81,354,000 83,011,000 84,099,000
Income (loss) before income taxes 336,226,000 366,550,000 (219,366,000)
Income taxes 110,274,000 122,530,000 (96,092,000)
Income (loss) from continuing operations 225,952,000 244,020,000 (123,274,000)
Income (loss) from discontinued operations, net of tax (12,926,000) [1] (3,361,000) [1] 0 [1]
Net income (loss) 213,026,000 240,659,000 (123,274,000)
Dividends on preferred stocks 685,000 685,000 685,000
Earnings (loss) on common stock $ 212,341,000 $ 239,974,000 $ (123,959,000)
Earnings (loss) per common share - basic:      
Earnings (Loss) Before Discontinued Operations $ 1.19 $ 1.29 $ (0.67)
Discontinued Operations, Net of Tax $ (0.07) $ (0.01) $ 0.00
Earnings (Loss) Per Common Share - Basic $ 1.12 $ 1.28 $ (0.67)
Earnings (loss) per common share - diluted:      
Earnings (Loss) Before Discontinued Operations $ 1.19 $ 1.29 $ (0.67)
Discontinued Operations, Net of Tax $ (0.07) $ (0.02) $ 0.00
Earnings (Loss) Per Common Share - Diluted $ 1.12 $ 1.27 $ (0.67)
Dividends per common share (in dollars per share) $ 0.6550 $ 0.6350 $ 0.6225
Weighted average common shares outstanding - basic 188,763 188,137 185,175 [2]
Weighted Average Common Shares Outstanding - Diluted 188,905 188,229 185,175 [2]
[1] Reflected in the Other category.
[2] Due to the loss on common stock, 825 outstanding stock options, 18 restricted stock grants and 656 performance share awards were excluded from the computation of diluted loss per common share as their effect was antidilutive.