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COMMON EQUITY
3 Months Ended
Mar. 31, 2014
Stockholders' Equity Note [Abstract]  
COMMON EQUITY
COMMON EQUITY
 
Changes in common equity during the three months ended March 31, 2014 and 2013 were as follows:
 
 
 
 
 
 
Accumulated Other Comprehensive Income (Loss)
 
 
Millions
 
Common Stock
 
Retained Earnings
 
Gains (Losses) on Cash Flow Hedges
 
Deferred Employee Benefit Plans
 
Total AOCI
 
Total Common Equity
Balance as of January 1, 2014
 
$
2,280

 
$
2,444

 
$
(52
)
 
$
(8
)
 
$
(60
)
 
$
4,664

Net Income
 
 
 
193

 
 
 
 
 
 
 
193

Other Comprehensive Loss
 
 
 
 
 
(1
)
 

 
(1
)
 
(1
)
Total Comprehensive Income (Loss)
 
 
 
193

 
(1
)
 

 
(1
)
 
192

Issuance of Common Stock
 
27

 
 
 
 
 
 
 
 
 
27

Dividends Declared
 
 
 
(74
)
 
 
 
 
 
 
 
(74
)
Balance as of March 31, 2014
 
$
2,307

 
$
2,563

 
$
(53
)
 
$
(8
)
 
$
(61
)
 
$
4,809

 
 
 
 
 
 
 
 
 
 
 
 
 
Balance as of January 1, 2013
 
$
1,983

 
$
2,257

 
$
(70
)
 
$
(16
)
 
$
(86
)
 
$
4,154

Net Income
 
 
 
151

 
 
 
 
 
 
 
151

Other Comprehensive Loss
 
 
 
 
 
7

 

 
7

 
7

Total Comprehensive Income
 
 
 
151

 
7

 

 
7

 
158

Issuance of Common Stock
 
221

 
 
 
 
 
 
 
 
 
221

Dividends Declared
 
 
 
(70
)
 
 
 
 
 
 
 
(70
)
Balance as of March 31, 2013
 
$
2,204

 
$
2,338

 
$
(63
)
 
$
(16
)
 
$
(79
)
 
$
4,463


 
SCANA had 200 million shares of common stock authorized as of March 31, 2014 and December 31, 2013, of which 141.3 million and 140.7 million were issued and outstanding at March 31, 2014 and December 31, 2013, 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.

For information related to the reclassifications from AOCI, see Note 6.
SCEG
 
Stockholders' Equity Note [Abstract]  
COMMON EQUITY
EQUITY
 
Changes in common equity during the three months ended March 31, 2014 and 2013 were as follows:
Millions
 
Common Stock
 
Retained Earnings
 
Accumulated Other Comprehensive Income (Loss)
 
Noncontrolling Interest
 
Total Equity
Balance at January 1, 2014
 
$
2,479

 
$
1,896

 
$
(3
)
 
$
117

 
$
4,489

Earnings available to common shareholder
 
 
 
123

 
 
 
3

 
126

Deferred cost of employee benefit plans
 
 
 
 
 

 
 
 

Total Comprehensive Income
 
 
 
123

 

 
3

 
126

Capital contributions from parent
 
20

 
 
 
 
 
 
 
20

Cash dividend declared
 
 
 
(62
)
 
 
 
(2
)
 
(64
)
Balance at March 31, 2014
 
$
2,499

 
$
1,957

 
$
(3
)
 
$
118

 
$
4,571

 
 
 
 
 
 
 
 
 
 
 
Balance at January 1, 2013
 
$
2,167

 
$
1,766

 
$
(4
)
 
$
114

 
$
4,043

Earnings available to common shareholder
 
 
 
89

 
 
 
3

 
92

Deferred cost of employee benefit plans
 
 
 
 
 

 
 
 

Total Comprehensive Income
 
 
 
89

 

 
3

 
92

Capital contributions from parent
 
221

 
 
 
 
 
 
 
221

Cash dividend declared
 
 
 
(62
)
 
 
 
(2
)
 
(64
)
Balance at March 31, 2013
 
$
2,388

 
$
1,793

 
$
(4
)
 
$
115

 
$
4,292


 
SCE&G had 50 million shares of common stock authorized as of March 31, 2014 and December 31, 2013, 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 March 31, 2014 and December 31, 2013, of which 1,000 shares at a stated value of $100,000 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.