Derivative Instruments and Hedging Activities (Tables)

9 Months Ended

Sep. 30, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative instruments on Consolidated Statements of Income and Accumulated Other Comprehensive Income

The following table presents the pre-tax effects of the derivative instruments designated as a fair value hedge (including the hedged item) and cash flow hedges on the Consolidated Statements of Income as well as the pre-tax effects of the derivative instruments designated as cash flow hedges on OCI:

		3 Months Ended						9 Months Ended						12 Months Ended
	Financial Statement	September 30,						September 30,						September 30,
Instrument and Activity	Location of Gain (Loss)	2012			2011			2012			2011			2012			2011
		(in millions)
Fair Value Hedge
Questar Corporation
Interest rate derivative instrument
Realized gain	Interest expense	$	—		$	5.2		$	—		$	9.1		$	0.7		$	9.1
2.75% Notes due 2016
Unrealized loss	Interest expense	—			(5.2		)	—			(9.1		)	(0.7		)	(9.1		)
Cash Flow Hedges
Questar Pipeline
Interest rate derivative instruments
Deferrals of effective portions	OCI	—			(37.0		)	—			(36.2		)	(1.1		)	(36.2		)
Losses reclassified from AOCI into earnings for effective portions	Interest expense	(0.2		)	—			(0.4		)	—			(0.5		)	—

Derivative instruments in Condensed Consolidated Balance Sheets

The following table discloses the Level 2 fair values of the asset and liability derivative instruments designated as hedges in the Condensed Consolidated Balance Sheets:

Instrument	Balance Sheet Location	Sept. 30, 2012		Sept. 30, 2011		Dec. 31, 2011
		(in millions)
Assets
Questar Corporation
Interest rate derivative instrument	Prepaid expenses and other	$	—	$	0.5	$	1.1
Interest rate derivative instrument	Other noncurrent assets	—		7.7		7.8
Consolidated total - derivative assets		$	—	$	8.2	$	8.9
Liabilities
Questar Pipeline
Interest rate derivative instruments	Accounts payable and accrued expenses	$	—	$	36.2	$	—
Consolidated total - derivative liabilities		$	—	$	36.2	$	—