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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating revenues:      
Operating revenues $ 5,336,776 $ 4,531,552 $ 4,443,351
Operating expenses:      
Operation and maintenance: 3,895,294 3,256,121 3,135,466
Purchased natural gas sold 421,545 404,153 430,954
Depreciation, depletion and amortization 256,017 220,205 207,486
Taxes, other than income 196,143 168,638 166,673
Electric fuel and purchased power 86,557 80,712 78,724
Total operating expenses 4,855,556 4,129,829 4,019,303
Operating income 481,220 401,723 424,048
Other income (expense) 15,812 (238) 8,767
Interest expense 98,587 84,614 82,788
Income before income taxes 398,445 316,871 350,027
Income taxes 63,279 47,485 65,041
Income from continuing operations 335,166 269,386 284,986
Income (loss) from discontinued operations, net of tax 287 2,932 (3,783)
Net income 335,453 272,318 281,203
Loss on redemption of preferred stock 0 0 600
Dividends declared on preferred stock 0 0 171
Earnings on common stock $ 335,453 $ 272,318 $ 280,432
Earnings per common share - basic:      
Earnings before discontinued operations $ 1.69 $ 1.38 $ 1.46
Discontinued operations, net of tax 0 0.01 (0.02)
Earnings per common share - basic 1.69 1.39 1.44
Earnings per common share - diluted:      
Earnings before discontinued operations 1.69 1.38 1.45
Discontinued operations, net of tax 0 0.01 (0.02)
Earnings per common share - diluted $ 1.69 $ 1.39 $ 1.43
Weighted average common shares outstanding - basic 198,612 195,720 195,304
Weighted average common shares outstanding - diluted 198,626 196,150 195,687
Regulated:      
Operating revenues:      
Operating revenues $ 1,279,304 $ 1,213,227 $ 1,244,759
Operating expenses:      
Operation and maintenance: 356,132 340,331 326,687
Nonregulated:      
Operating revenues:      
Operating revenues 4,057,472 3,318,325 3,198,592
Operating expenses:      
Operation and maintenance: $ 3,539,162 $ 2,915,790 $ 2,808,779