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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating Activities      
Net income $ 526.2 $ 456.5 $ 382.4
Reconciliation to cash      
Depreciation and amortization 336.4 317.4 346.9
Amortization of gain 0 (198.4) (230.7)
Deferred income taxes and investment tax credits, net 430.6 104.9 187.4
Deferred revenue 3.5 100.8 201.7
Contributions to qualified benefit plans (277.4) 0 (289.3)
Change in -      
Accounts receivable and accrued revenues 30.1 (50.4) 111.1
Inventories (2.9) (1.0) (34.6)
Other current assets (20.5) 14.1 24.8
Accounts payable 11.8 21.3 (119.1)
Accrued income taxes, net (87.4) (42.7) 43.4
Deferred costs, net 25.9 25.9 46.2
Other current liabilities 44.1 22.0 (11.7)
Other, net (27.0) 40.0 (29.6)
Cash Provided by Operating Activities 993.4 810.4 628.9
Investing Activities      
Capital expenditures (830.8) (798.2) (814.6)
Investment in transmission affiliate (6.6) (5.2) (25.9)
Proceeds from asset sales 41.5 68.7 16.8
Change in restricted cash (37.2) 186.2 192.0
Other, net (59.4) (85.0) (104.4)
Cash Used in Investing Activities (892.5) (633.5) (736.1)
Financing Activities      
Exercise of stock options 54.4 90.9 17.0
Purchase of common stock (193.9) (156.6) (29.6)
Dividends paid on common stock (242.0) (187.0) (157.8)
Issuance of long-term debt 720.0 530.0 261.5
Retirement and repurchase of long-term debt (466.6) (291.7) (221.1)
Change in short-term debt 12.0 (167.2) 222.8
Other, net 4.8 9.0 2.9
Cash (Used in) Provided by Financing Activities (111.3) (172.6) 95.7
Change in Cash and Cash Equivalents (10.4) 4.3 (11.5)
Cash and Cash Equivalents at Beginning of Year 24.5 20.2 31.7
Cash and Cash Equivalents at End of Year $ 14.1 $ 24.5 $ 20.2