COMMON EQUITY

9 Months Ended

Sep. 30, 2012

Stockholders' Equity Note [Abstract]

COMMON EQUITY

COMMON EQUITY

Changes in common equity during the nine months ended September 30, 2012 and 2011 were as follows:

Millions of dollars	2012			2011
Balance at January 1,	$	3,889		$	3,702
Common stock issued	73			73
Dividends declared	(194		)	(188		)
Comprehensive income	327			251
Balance as of September 30,	$	4,095		$	3,838

Authorized shares of common stock were 200 million as of September 30, 2012 and December 31, 2011.  Outstanding shares of common stock were 131.5 million and 129.9 million at September 30, 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 amendments, SCANA expects to settle in the first quarter of 2013. 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 nine months ended September 30, 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	84			—			84
Dividends declared	(157		)	(5		)	(162		)
Comprehensive income	272			9			281
Balance as of September 30, 2012	$	3,864		$	112		$	3,976
Balance at January 1, 2011	$	3,437		$	104		$	3,541
Capital contribution from parent	73			—			73
Dividends declared	(146		)	(5		)	(151		)
Comprehensive income	244			7			251
Balance as of September 30, 2011	$	3,608		$	106		$	3,714

Authorized shares of SCE&G common stock were 50 million as of September 30, 2012 and December 31, 2011.  Outstanding shares of common stock were 40.3 million at both September 30, 2012 and December 31, 2011. Authorized shares of SCE&G preferred stock were 20 million as of September 30, 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.