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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Operating revenues        
Electric $ 714,651 $ 749,791 $ 1,396,930 $ 1,453,944
Natural gas 147,398 174,730 530,402 602,921
Steam and other 7,452 8,579 18,221 20,682
Total operating revenues 869,501 933,100 1,945,553 2,077,547
Operating expenses        
Electric fuel and purchased power 294,698 352,216 605,597 676,013
Cost of natural gas sold and transported 57,091 94,022 313,968 398,960
Cost of sales - steam and other 2,928 3,989 7,095 9,110
Operating and maintenance expenses 180,100 186,668 348,482 357,339
Demand side management program expenses 29,348 27,767 58,792 58,089
Depreciation and amortization 80,151 80,277 163,740 160,246
Taxes (other than income taxes) 32,875 34,985 66,663 69,306
Total operating expenses 677,191 779,924 1,564,337 1,729,063
Operating income 192,310 153,176 381,216 348,484
Other income, net 1,550 2,235 2,582 3,898
Allowance for funds used during construction - equity 3,548 1,798 6,274 3,417
Interest charges and financing costs        
Interest charges - includes other financing costs of $1,790, $1,760, $3,580 and $3,276, respectively 48,074 46,036 96,365 91,435
Allowance for funds used during construction - debt (1,534) (820) (2,695) (1,546)
Total interest charges and financing costs 46,540 45,216 93,670 89,889
Income before income taxes 150,868 111,993 296,402 265,910
Income taxes 55,461 40,975 107,710 98,262
Net income $ 95,407 $ 71,018 $ 188,692 $ 167,648