COMMON EQUITY - SCEG

6 Months Ended

Jun. 30, 2011

COMMON EQUITY

3. COMMON EQUITY

SCANA issued common stock valued at $50.1 million (at time of issue) during the six months ended June 30, 2011 through various compensation and dividend reinvestment plans (including the Stock Purchase Savings Plan), including the exercise of approximately 19,600 stock options during the period.  In addition, in May 2010 SCANA entered into forward sale contracts for approximately 6.6 million common shares to be settled no later than February 29, 2012.  There have been no shares issued under the forward sales contracts.

Authorized shares of common stock were 200 million as of June 30, 2011 and 150 million as of December 31, 2010.

SOUTH CAROLINA ELECTRIC AND GAS COMPANY

COMMON EQUITY

3. COMMON EQUITY

Changes in common equity during the six months ended June 30, 2011 and 2010 were as follows:

Millions of dollars	Common Equity			Noncontrolling Interest			Total Equity
Balance at January 1, 2011	$	3,436		$	105		$	3,541
Capital contribution from parent	49			-			49
Dividends declared	(96		)	(4		)	(100		)
Comprehensive income	127			5			132
Balance as of June 30, 2011	$	3,516		$	106		$	3,622

Balance at January 1, 2010	$	3,162		$	97		$	3,259
Capital contribution from parent	105			-			105
Dividends declared	(91		)	(3		)	(94		)
Comprehensive income	122			5			127
Balance as of June 30, 2010	$	3,298		$	99		$	3,397

Authorized shares of common stock were 50 million as of June 30, 2011 and December 31, 2010.