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FAIR VALUE MEASUREMENTS, INCLUDING DERIVATIVES (Tables)
6 Months Ended
Jun. 30, 2013
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]  
Fair Value, Measurement Inputs, Disclosure [Table Text Block]
The Company values available for sale securities using quoted prices from a national stock exchange, such as the NASDAQ, where the securities are actively traded.  For commodity derivative and energy management assets and liabilities, the Company uses unadjusted NYMEX prices to determine fair value, and considers such measures of fair value to be Level 1 for exchange traded instruments and Level 2 for over-the-counter instruments.  The Company’s interest rate swap agreements are valued using discounted cash flow models with independently sourced market data.  Fair value measurements, and the level within the fair value hierarchy in which the measurements fall, were as follows:
 
 
 
 
Fair Value Measurements Using
 
 
 
 
Quoted Prices in
 
 
 
 
 
 
Active Markets for
 
Significant Other
 
 
 
 
Identical Assets
 
Observable Inputs
Millions of dollars
 
(Level 1)
 
(Level 2)
As of June 30, 2013
 
 

 
 
Assets -
 
Available for sale securities
 
$
9

 

 
 
Interest rate contracts
 

 
$
106

 
 
Commodity contracts
 
1

 

 
 
Energy management contracts
 

 
10

Liabilities -
 
Interest rate contracts
 

 
27

 
 
Commodity contracts
 

 
4

 
 
Energy management contracts
 

 
13

 
 
 
 
 
 
 
As of December 31, 2012
 
 

 
 

Assets -
 
Available for sale securities
 
$
6

 

 
 
Interest rate contracts
 

 
$
73

 
 
Commodity contracts
 
1

 
1

 
 
Energy management contracts
 

 
13

Liabilities -
 
Interest rate contracts
 

 
106

 
 
Commodity contracts
 

 
4

 
 
Energy management contracts
 
1

 
15

Fair Value, by Balance Sheet Grouping [Table Text Block]
Financial instruments for which the carrying amount may not equal estimated fair value at June 30, 2013 and December 31, 2012 were as follows:
 
 
June 30, 2013
 
December 31, 2012
Millions of dollars
 
Carrying
Amount
 
Estimated
Fair Value
 
Carrying
Amount
 
Estimated
Fair Value
Long-term debt
 
$
5,454.6

 
$
5,961.3

 
$
5,121.0

 
$
6,115.0

SCEG
 
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]  
Fair Value, Measurement Inputs, Disclosure [Table Text Block]
Consolidated SCE&G’s interest rate swap agreements are valued using discounted cash flow models with independently sourced data.  Fair value measurements based on significant other observable inputs (level 2) were as follows: 
 
 
Fair Value Measurements Using Significant
 
 
Other Observable Inputs (Level 2)
Millions of dollars
 
June 30, 2013
 
December 31, 2012

Assets -
 
Interest rate contracts
 
$
106

 
$
73

Liabilities -
 
Interest rate contracts
 
5

 
75

Fair Value, by Balance Sheet Grouping [Table Text Block]
Financial instruments for which the carrying amount may not equal estimated fair value at June 30, 2013 and December 31, 2012 were as follows:
 
 
June 30, 2013
 
December 31, 2012
Millions of dollars
 
Carrying
Amount
 
Estimated
Fair
Value
 
Carrying
Amount
 
Estimated
Fair
Value
Long-term debt
 
$
4,058.5

 
$
4,447.4

 
$
3,722.0

 
$
4,543.1