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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Operating revenues        
Electric $ 881,102 $ 898,811 $ 2,376,935 $ 2,368,041
Natural gas 159,808 137,349 839,332 730,569
Steam and other 8,201 8,140 30,091 29,576
Total operating revenues 1,049,111 1,044,300 3,246,358 3,128,186
Operating expenses        
Electric fuel and purchased power 368,860 355,727 1,052,400 998,395
Cost of natural gas sold and transported 60,073 43,881 487,159 403,198
Cost of sales — steam and other 3,538 3,398 11,951 12,211
Operating and maintenance expenses 185,510 192,073 549,935 553,266
Demand side management program expenses 36,120 38,016 105,993 104,075
Depreciation and amortization 95,075 88,577 283,506 267,206
Taxes (other than income taxes) 38,862 32,887 122,467 104,120
Total operating expenses 788,038 754,559 2,613,411 2,442,471
Operating income 261,073 289,741 632,947 685,715
Other income, net 1,720 946 3,429 3,845
Allowance for funds used during construction — equity 12,315 8,815 36,697 21,529
Interest charges and financing costs        
Interest charges — includes other financing costs of $1,546, $1,747, $4,798, and $5,118, respectively 42,540 43,187 128,941 127,806
Allowance for funds used during construction — debt (4,564) (3,187) (13,584) (8,438)
Total interest charges and financing costs 37,976 40,000 115,357 119,368
Income before income taxes 237,132 259,502 557,716 591,721
Income taxes 82,973 93,236 195,362 211,551
Net income $ 154,159 $ 166,266 $ 362,354 $ 380,170