COMMON EQUITY

6 Months Ended

Jun. 30, 2014

Stockholders' Equity Note [Abstract]

COMMON EQUITY

COMMON EQUITY

Changes in common equity during the six months ended June 30, 2014 and 2013 were as follows:

						Accumulated Other Comprehensive Income (Loss)
Millions of dollars	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			289												289
Other Comprehensive Loss			—			(2		)	—			(2		)	(2		)
Total Comprehensive Income (Loss)			289			(2		)	—			(2		)	287
Issuance of Common Stock	51														51
Dividends Declared			(148		)										(148		)
Balance as of June 30, 2014	$	2,331	$	2,585		$	(54	)	$	(8	)	$	(62	)	$	4,854
Balance as of January 1, 2013	$	1,983	$	2,257		$	(70	)	$	(16	)	$	(86	)	$	4,154
Net Income			237												237
Other Comprehensive Income			—			9			—			9			9
Total Comprehensive Income			237			9			—			9			246
Issuance of Common Stock	247														247
Dividends Declared			(141		)										(141		)
Balance as of June 30, 2013	$	2,230	$	2,353		$	(61	)	$	(16	)	$	(77	)	$	4,506

SCANA had 200 million shares of common stock authorized as of June 30, 2014 and December 31, 2013, of which 141.8 million and 140.7 million were issued and outstanding at June 30, 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 six months ended June 30, 2014 and 2013 were as follows:

Millions of dollars	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			219						6			225
Deferred cost of employee benefit plans						—						—
Total Comprehensive Income			219			—			6			225
Capital contributions from parent	55											55
Cash dividend declared			(125		)				(3		)	(128		)
Balance at June 30, 2014	$	2,534	$	1,990		$	(3	)	$	120		$	4,641
Balance at January 1, 2013	$	2,167	$	1,766		$	(4	)	$	114		$	4,043
Earnings available to common shareholder			174						6			180
Deferred cost of employee benefit plans						—						—
Total Comprehensive Income			174			—			6			180
Capital contributions from parent	255											255
Cash dividend declared			(124		)				(4		)	(128		)
Balance at June 30, 2013	$	2,422	$	1,816		$	(4	)	$	116		$	4,350

SCE&G had 50 million shares of common stock authorized as of June 30, 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 June 30, 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.