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Common Equity (Tables)
9 Months Ended
Sep. 30, 2011
Common Equity (Tables) [Abstract] 
Assumptions for valuing options using binomial option pricing model
 
2011
 
2010
 
 
 
 
Risk-free interest rate
0.2% - 3.4%

 
0.2% - 3.9%

Dividend yield
3.9
%
 
3.7
%
Expected volatility
19.0
%
 
20.3
%
Expected forfeiture rate
2.0
%
 
2.0
%
Expected life (years)
5.5

 
5.9

Stock option activity
 
 
 
 
 
 
Weighted-
 
 
 
 
 
 
 
 
Average
 
 
 
 
 
 
Weighted-
 
Remaining
 
Aggregate
 
 
Number of
 
Average
 
Contractual Life
 
Intrinsic Value
Stock Options
 
Options
 
Exercise Price
 
(Years)
 
(Millions)
Outstanding as of July 1, 2011
 
11,925,226

 
$
21.40

 
 
 
 
Granted
 

 
$

 
 
 
 
Exercised
 
(272,412
)
 
$
17.82

 
 
 
 
Forfeited
 

 
$

 
 
 
 
Outstanding as of September 30, 2011
 
11,652,814

 
$
21.49

 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding as of January 1, 2011
 
13,036,466

 
$
20.81

 
 
 
 
Granted
 
458,180

 
$
29.35

 
 
 
 
Exercised
 
(1,841,832
)
 
$
18.68

 
 
 
 
Forfeited
 

 
$

 
 
 
 
Outstanding as of September 30, 2011
 
11,652,814

 
$
21.49

 
5.5

 
$
114.3

 
 
 
 
 
 
 
 
 
Exercisable as of September 30, 2011
 
8,499,304

 
$
20.97

 
4.7

 
$
87.7

Stock options outstanding
 
 
Options Outstanding
 
Options Exercisable
 
 
 
 
Weighted-Average
 
 
 
Weighted-Average
 
 
 
 
 
 
Remaining
 
 
 
 
 
Remaining
 
 
Number of
 
Exercise
 
Contractual
 
Number of
 
Exercise
 
Contractual
Range of Exercise Prices
 
Options
 
Price
 
Life (Years)
 
Options
 
Price
 
Life (Years)
$11.33 to $17.10
 
2,405,276

 
$
15.99

 
2.5

 
2,405,276

 
$
15.99

 
2.5

$19.74 to $21.11
 
3,771,448

 
$
20.61

 
6.2

 
1,569,748

 
$
19.91

 
4.6

$23.88 to $29.35
 
5,476,090

 
$
24.50

 
6.3

 
4,524,280

 
$
23.98

 
5.8

 
 
11,652,814

 
$
21.49

 
5.5

 
8,499,304

 
$
20.97

 
4.7

Non-vested options
Non-Vested Stock Options
 
Number of Options
 
Weighted-Average
Fair Value
Non-vested as of July 1, 2011
 
3,153,510

 
$
3.78

Granted
 

 
$

Vested
 

 
$

Forfeited
 

 
$

Non-vested as of September 30, 2011
 
3,153,510

 
$
3.78

 
 
 
 
 
Non-vested as of January 1, 2011
 
5,272,570

 
$
4.27

Granted
 
458,180

 
$
3.17

Vested
 
(2,577,240
)
 
$
4.66

Forfeited
 

 
$

Non-vested as of September 30, 2011
 
3,153,510

 
$
3.78

Restricted stock activity
Restricted Shares
 
Number of Shares
 
Weighted-Average
Grant Date
Fair Value
Outstanding as of July 1, 2011
 
198,820

 
 
Granted
 

 
$

Released 
 

 
$

Forfeited
 

 
$

Outstanding as of September 30, 2011
 
198,820

 
 
 
 
 
 
 
Outstanding as of January 1, 2011
 
205,404

 
 
Granted
 
74,850

 
$
29.00

Released 
 
(78,624
)
 
$
19.03

Forfeited
 
(2,810
)
 
$
26.45

Outstanding as of September 30, 2011
 
198,820

 
 
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]
 
Three Months Ended September 30
 
Nine Months Ended September 30
 
2011
 
2010
 
2011
 
2010
 
(Millions of Dollars)
 
 
 
 
 
 
 
 
Stock options
$
0.6

 
$
1.9

 
$
1.9

 
$
5.7

Performance units
7.3

 
10.3

 
11.7

 
20.9

Restricted stock
0.4

 
0.3

 
1.3

 
1.1

Share-based compensation expense
$
8.3

 
$
12.5

 
$
14.9

 
$
27.7

 
 
 
 
 
 
 
 
Related Tax Benefit
$
3.4

 
$
5.0

 
$
6.0

 
$
11.1