Discontinued Operations and Divestitures

9 Months Ended

Sep. 30, 2011

Discontinued Operations and Divestitures [Abstract]

DISCONTINUED OPERATIONS AND DIVESTITURES

DISCONTINUED OPERATIONS AND DIVESTITURES

The following table summarizes the net impacts of the discontinued operations on our earnings for the three and nine months ended September 30:

	Three Months Ended September 30					Nine Months Ended September 30
	2011		2010			2011		2010
	(Millions of Dollars)
Income from Continuing Operations	$	129.8	$	112.3		$	398.7	$	328.8
Income from Discontinued Edison Sault operations, net of tax	—		—			—		1.8
Income (Loss) from Discontinued other operations, net of tax (a)	—		(0.1		)	11.5		—
Net Income	$	129.8	$	112.2		$	410.2	$	330.6
(a) During 2011, we reached a favorable resolution of uncertain state and federal tax positions associated with our
previously discontinued manufacturing business.

Edgewater Generating Unit 5:   On March 1, 2011, we sold our 25% interest in Edgewater Generating Unit 5 to Wisconsin Power and Light Company (WPL) for our net book value, including working capital, of approximately $38 million.

Edison Sault:   Effective May 4, 2010, we sold Edison Sault to Cloverland Electric Cooperative for approximately $63.0 million. We retained Edison Sault's ownership interest in ATC.