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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
OPERATING REVENUES $ 1,152,392 $ 1,109,475 $ 2,754,866 $ 2,608,682
OPERATING EXPENSES        
Fuel and purchased power 350,953 302,894 859,216 783,926
Operations and maintenance 233,323 220,729 685,873 647,628
Depreciation and amortization 107,388 100,353 317,410 301,068
Taxes other than income taxes 43,256 36,507 124,091 120,271
Other expenses 1,784 1,022 5,853 5,323
Total 736,704 661,505 1,992,443 1,858,216
OPERATING INCOME 415,688 447,970 762,423 750,466
OTHER INCOME (DEDUCTIONS)        
Allowance for equity funds used during construction 5,569 5,708 18,698 15,639
Other income (Note 10) 160 420 1,387 1,357
Other expense (Note 10) (7,435) (5,696) (13,421) (12,433)
Total (1,706) 432 6,664 4,563
INTEREST EXPENSE        
Interest charges 50,587 52,242 151,372 162,209
Allowance for borrowed funds used during construction (3,235) (3,830) (10,861) (10,428)
Total 47,352 48,412 140,511 151,781
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 366,630 399,990 628,576 603,248
INCOME TAXES 131,912 147,116 221,424 219,160
INCOME FROM CONTINUING OPERATIONS 234,718 252,874 407,152 384,088
LOSS FROM DISCONTINUED OPERATIONS        
Net of income tax benefit of $7 for three months ended September 30, 2012 and $1,047 for nine months ended September 30, 2012   (11)   (1,595)
NET INCOME 234,718 252,863 407,152 382,493
Less: Net income attributable to noncontrolling interests (Note 6) 8,555 8,040 25,338 23,582
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS 226,163 244,823 381,814 358,911
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING - BASIC (in shares) 110,009 109,555 109,935 109,449
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING - DILUTED (in shares) 111,053 110,655 110,913 110,420
EARNINGS PER WEIGHTED-AVERAGE COMMON SHARE OUTSTANDING        
Income from continuing operations attributable to common shareholders - basic (in dollars per share) $ 2.06 $ 2.23 $ 3.47 $ 3.29
Net income attributable to common shareholders - basic (in dollars per share) $ 2.06 $ 2.23 $ 3.47 $ 3.28
Income from continuing operations attributable to common shareholders - diluted (in dollars per share) $ 2.04 $ 2.21 $ 3.44 $ 3.26
Net income attributable to common shareholders - diluted (in dollars per share) $ 2.04 $ 2.21 $ 3.44 $ 3.25
DIVIDENDS DECLARED PER SHARE (in dollars per share) $ 0.00   $ 1.09 $ 1.575
AMOUNTS ATTRIBUTABLE TO COMMON SHAREHOLDERS:        
Income from continuing operations, net of tax 226,163 244,834 381,814 360,515
Discontinued operations, net of tax   (11)   (1,604)
Net income attributable to common shareholders $ 226,163 $ 244,823 $ 381,814 $ 358,911