COMMON EQUITY

6 Months Ended

Jun. 30, 2013

Stockholders' Equity Note [Abstract]

COMMON EQUITY

COMMON EQUITY

Changes in common equity during the six months ended June 30, 2013 and 2012 were as follows:

Millions of dollars	2013			2012
Balance at January 1,	$	4,154		$	3,889
Common stock issued	247			50
Dividends declared	(141		)	(130		)
Comprehensive income	246			201
Balance as of June 30,	$	4,506		$	4,010

SCANA had 200 million shares of common stock authorized as of June 30, 2013 and December 31, 2012, of which 139.7 million and 132.0 million were issued and outstanding at June 30, 2013 and December 31, 2012, respectively.

On March 5, 2013, SCANA settled all forward sales contracts related to its common stock through the issuance of approximately 6.6 million common shares, resulting in net proceeds of approximately $196.2 million.

Reclassifications of gains (losses) from AOCI into earnings were as follows (amounts are net of taxes):

Millions of dollars	2013			2012			Income Statement Line Item Affected
Three months ended June 30,
Interest rate contracts	$	(1	)	$	(1	)	Increase in interest expense
Commodity contracts	—			(3		)	Increase in gas purchased for resale
Amortization of deferred employee benefit plan costs	(1		)	(1		)
Total reclassifications	$	(2	)	$	(5	)
Six months ended June 30,
Interest rate contracts	$	(3	)	$	(3	)	Increase in interest expense
Commodity contracts	(2		)	(11		)	Increase in gas purchased for resale
Amortization of deferred employee benefit plan costs	(1		)	(1		)
Total reclassifications	$	(6	)	$	(15	)

Reclassifications of the amortization of deferred employee benefit costs were not significant for any period presented.

SCEG

Stockholders' Equity Note [Abstract]

COMMON EQUITY

EQUITY

Changes in common equity during the six months ended June 30, 2013 and 2012 were as follows:

Millions of dollars	Common Equity			Noncontrolling Interest			Total Equity
Balance at January 1, 2013	$	3,929		$	114		$	4,043
Capital contribution from parent	255			—			255
Dividends declared	(124		)	(4		)	(128		)
Comprehensive income	174			6			180
Balance as of June 30, 2013	$	4,234		$	116		$	4,350
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

SCE&G had 50 million shares of common stock authorized as of June 30, 2013 and December 31, 2012, of which 40.3 million were issued and outstanding during all periods presented. SCE&G had 20 million shares of preferred stock authorized as of June 30, 2013 and December 31, 2012, 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 are held by SCANA.

Reclassifications from AOCI into earnings of the amortization of deferred employee benefit costs were not significant for any period presented.