COMMON EQUITY

6 Months Ended

Jun. 30, 2012

Stockholders' Equity Note [Abstract]

COMMON EQUITY

COMMON EQUITY

Changes in common equity during the six months ended June 30, 2012 and 2011 were as follows:

Millions of dollars	2012			2011
Balance at January 1,	$	3,889		$	3,702
Common stock issued	50			50
Dividends declared	(130		)	(124		)
Comprehensive income	201			177
Balance as of June 30,	$	4,010		$	3,805

Authorized shares of common stock were 200 million as of June 30, 2012 and December 31, 2011.  Outstanding shares of common stock were 131.0 million and 129.9 million at June 30, 2012 and December 31, 2011, respectively.

In May 2010 SCANA entered into forward sales contracts for approximately 6.6 million common shares which, after being extended by amendment dated October 26, 2011, are to be settled by December 31, 2012, though settlement may be effected later upon mutual agreement of all parties to the contracts.  SCANA expects to amend the forward sales contracts further and to settle them in the first quarter of 2013. There have been no shares issued under the forward sales contracts.

SCE&G

Stockholders' Equity Note [Abstract]

COMMON EQUITY

EQUITY

Changes in common equity during the six months ended June 30, 2012 and 2011 were as follows:

Millions of dollars	Common Equity			Noncontrolling Interest			Total Equity
Balance at January 1, 2012	$	3,665		$	108		$	3,773
Capital contribution from parent	51			—			51
Dividends declared	(103		)	(4		)	(107		)
Comprehensive income	143			6			149
Balance as of June 30, 2012	$	3,756		$	110		$	3,866
Balance at January 1, 2011	$	3,437		$	104		$	3,541
Capital contribution from parent	49			—			49
Dividends declared	(97		)	(3		)	(100		)
Comprehensive income	127			5			132
Balance as of June 30, 2011	$	3,516		$	106		$	3,622

Authorized shares of SCE&G common stock were 50 million as of June 30, 2012 and December 31, 2011.  Outstanding shares of common stock were 40.3 million at both June 30, 2012 and December 31, 2011. Authorized shares of SCE&G preferred stock were 20 million as of June 30, 2012 and December 31, 2011, of which 1,000 shares were issued and outstanding during all periods presented. All issued and outstanding shares of SCE&G's common and preferred stock were held by SCANA during all periods presented.