XML 50 R12.htm IDEA: XBRL DOCUMENT v2.4.0.6
COMMON EQUITY
3 Months Ended
Mar. 31, 2012
Stockholders' Equity Note [Abstract]  
COMMON EQUITY
COMMON EQUITY
 
Changes in common equity during the three months ended March 31, 2012 and 2011 were as follows:
Millions of dollars
 
2012
2011
Balance at January 1,
 
$
3,889

$
3,702

Common stock issued
 
26

25

Dividends declared
 
(65
)
(62
)
Comprehensive income
 
127

135

Balance as of March 31,
 
$
3,977

$
3,800

 
 
 

 

 
Authorized shares of common stock were 200 million as of March 31, 2012 and December 31, 2011.  Outstanding shares of common stock were 130.4 million and 127.4 million at March 31, 2012 and December 31, 2011, respectively.
 
In May 2010 SCANA entered into forward sales contracts for approximately 6.6 million common shares which, after being extended by amendment dated October 26, 2011, are to be settled no later than December 31, 2012.  There have been no shares issued under the forward sales contracts.
SCE&G
 
Stockholders' Equity Note [Abstract]  
COMMON EQUITY
EQUITY
 
Changes in common equity during the three months ended March 31, 2012 and 2011 were as follows:
Millions of dollars
 
Common
Equity
 
Noncontrolling
Interest
 
Total
Equity
Balance at January 1, 2012
 
$
3,665

 
$
108

 
$
3,773

Capital contribution from parent
 
24

 

 
24

Dividends declared
 
(51
)
 
(2
)
 
(53
)
Comprehensive income
 
69

 
3

 
72

Balance as of March 31, 2012
 
$
3,707

 
$
109

 
$
3,816

Balance at January 1, 2011
 
$
3,437

 
$
104

 
$
3,541

Capital contribution from parent
 
24

 

 
24

Dividends declared
 
(49
)
 
(2
)
 
(51
)
Comprehensive income
 
68

 
2

 
70

Balance as of March 31, 2011
 
$
3,480

 
$
104

 
$
3,584

 
Authorized shares of SCE&G common stock were 50 million as of March 31, 2012 and December 31, 2011.  Outstanding shares of common stock were 40.3 million at both March 31, 2012 and December 31, 2011. Authorized shares of SCE&G preferred stock were 20 million as of March 31, 2012 and December 31, 2011, of which 1,000 shares were issued and outstanding during all periods presented. All issued and outstanding shares of SCE&G's common and preferred stock were held by SCANA during all periods presented.