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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
OPERATING REVENUES $ 915,822 $ 878,576 $ 1,602,474 $ 1,499,207
OPERATING EXPENSES        
Fuel and purchased power 277,584 264,723 508,263 481,032
Operations and maintenance 229,300 216,236 452,550 426,899
Depreciation and amortization 106,292 100,606 210,022 200,715
Taxes other than income taxes 40,814 41,289 80,835 83,764
Other expenses 2,020 1,233 4,069 4,301
Total 656,010 624,087 1,255,739 1,196,711
OPERATING INCOME 259,812 254,489 346,735 302,496
OTHER INCOME (DEDUCTIONS)        
Allowance for equity funds used during construction 6,265 5,175 13,129 9,931
Other income (Note 10) 469 177 1,227 937
Other expense (Note 10) (2,234) (2,669) (5,986) (6,737)
Total 4,500 2,683 8,370 4,131
INTEREST EXPENSE        
Interest charges 51,307 53,000 100,785 109,967
Allowance for borrowed funds used during construction (3,636) (3,447) (7,626) (6,598)
Total 47,671 49,553 93,159 103,369
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 216,641 207,619 261,946 203,258
INCOME TAXES 77,043 76,689 89,512 72,044
INCOME FROM CONTINUING OPERATIONS 139,598 130,930 172,434 131,214
LOSS FROM DISCONTINUED OPERATIONS        
Net of income tax benefit of $535 for three months ended June 30, 2012 and $1,040 for six months ended June 30, 2012   (819)   (1,584)
NET INCOME 139,598 130,111 172,434 129,630
Less: Net income attributable to noncontrolling interests (Note 6) 8,391 7,766 16,783 15,542
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS 131,207 122,345 155,651 114,088
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING - BASIC (in shares) 109,962 109,491 109,898 109,395
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING - DILUTED (in shares) 110,932 110,359 110,843 110,183
EARNINGS PER WEIGHTED-AVERAGE COMMON SHARE OUTSTANDING        
Income from continuing operations attributable to common shareholders - basic (in dollars per share) $ 1.19 $ 1.12 $ 1.42 $ 1.06
Net income attributable to common shareholders - basic (in dollars per share) $ 1.19 $ 1.12 $ 1.42 $ 1.04
Income from continuing operations attributable to common shareholders - diluted (in dollars per share) $ 1.18 $ 1.12 $ 1.40 $ 1.05
Net income attributable to common shareholders - diluted (in dollars per share) $ 1.18 $ 1.11 $ 1.40 $ 1.04
DIVIDENDS DECLARED PER SHARE (in dollars per share) $ 1.09 $ 1.05 $ 1.09 $ 1.575
AMOUNTS ATTRIBUTABLE TO COMMON SHAREHOLDERS:        
Income from continuing operations, net of tax 131,207 123,164 155,651 115,681
Discontinued operations, net of tax   (819)   (1,593)
Net income attributable to common shareholders $ 131,207 $ 122,345 $ 155,651 $ 114,088