XML 55 R14.htm IDEA: XBRL DOCUMENT v2.4.0.6
INCOME TAXES
3 Months Ended
Mar. 31, 2013
income tax [Line Items]  
Income Tax Disclosure [Text Block]
INCOME TAXES
 
 In connection with a prior change in method of tax accounting for certain repair costs, the Company had previously recorded an unrecognized tax benefit of $38 million. Under new administrative guidance from the Internal Revenue Service, the Company recognized all of the previously unrecognized tax benefit in the first quarter of 2012. Since this change was primarily a temporary difference, the recognition of this benefit did not have a significant effect on the Company's effective tax rate. No other material changes in the status of the Company's tax positions have occurred through March 31, 2013.

The Company recognizes interest accrued related to unrecognized tax benefits within interest expense and recognizes tax penalties within other expenses. In connection with the resolution of the uncertainty and recognition of tax benefits described above, during the quarter ended March 31, 2012, the Company reversed $2 million of interest expense which had been accrued during 2011.
SCEG
 
income tax [Line Items]  
Income Tax Disclosure [Text Block]
INCOME TAXES
 
In connection with a prior change in method of tax accounting for certain repair costs, Consolidated SCE&G had previously recorded an unrecognized tax benefit of $38 million. Under new administrative guidance from the Internal Revenue Service, Consolidated SCE&G recognized all of the previously unrecognized tax benefit in the first quarter of 2012. Since this change was primarily a temporary difference, the recognition of this benefit did not have a significant effect on Consolidated SCE&G's effective tax rate. No other material changes in the status of Consolidated SCE&G's tax positions have occurred through March 31, 2013.

Consolidated SCE&G recognizes interest accrued related to unrecognized tax benefits within interest expense and recognizes tax penalties within other expenses. In connection with the resolution of the uncertainty and recognition of tax benefits described above, during the quarter ended March 31, 2012, Consolidated SCE&G reversed $2 million of interest expense which had been accrued during 2011.