Asset Sales, Divestitures and Discontinued Operations

12 Months Ended

Dec. 31, 2013

Asset Sales Divestitures and Discontinued Operations [Abstract]

ASSET SALES, DIVESTITURES AND DISCONTINUED OPERATIONS

ASSET SALES, DIVESTITURES AND DISCONTINUED OPERATIONS

The following table summarizes the net impacts of the discontinued operations on our earnings for the years ended December 31:

	2013		2012		2011
	(Millions of Dollars)
Income from Continuing Operations	$	577.4	$	546.3	$	512.8
Income from Discontinued other operations, net of tax (a)	—		—		13.4
Net Income	$	577.4	$	546.3	$	526.2

(a) Primarily relates to the 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 WPL for our net book value, including working capital, of approximately $38 million. This transaction was treated as a sale of an asset.