COMMON EQUITY

9 Months Ended

Sep. 30, 2014

Schedule of Capitalization, Equity [Line Items]

Stockholders' Equity Note Disclosure [Text Block]

COMMON EQUITY

Changes in common equity during the nine months ended September 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			433												433
Other Comprehensive Income (Loss):
Losses arising during the period						(3		)	—			(3		)	(3		)
Losses/amortization reclassified from AOCI						1			1			2			2
Total Comprehensive Income (Loss)			433			(2		)	1			(1		)	432
Issuance of Common Stock	75														75
Dividends Declared			(223		)										(223		)
Balance as of September 30, 2014	$	2,355	$	2,654		$	(54	)	$	(7	)	$	(61	)	$	4,948
Balance as of January 1, 2013	$	1,983	$	2,257		$	(70	)	$	(16	)	$	(86	)	$	4,154
Net Income			368												368
Other Comprehensive Income:
Gains arising during the period						3			4			7			7
Losses/amortization reclassified from AOCI						7			1			8			8
Total Comprehensive Income			368			10			5			15			383
Issuance of Common Stock	273														273
Dividends Declared			(212		)										(212		)
Balance as of September 30, 2013	$	2,256	$	2,413		$	(60	)	$	(11	)	$	(71	)	$	4,598

Gains and losses on cash flow hedges reclassified during the nine months ended September 30, 2014 resulted in higher interest expense of $5 million and lower cost of gas purchased for resale of $4 million. Such reclassifications during the comparable period in 2013 resulted in higher interest expense of $5 million and higher cost of gas purchased for resale of $2 million.

SCANA had 200 million shares of common stock authorized as of September 30, 2014 and December 31, 2013, of which 142.2 million and 140.7 million were issued and outstanding at September 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.

SCEG

Schedule of Capitalization, Equity [Line Items]

Stockholders' Equity Note Disclosure [Text Block]

EQUITY

Changes in common equity during the nine months ended September 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			374						9			383
Deferred cost of employee benefit plans						—						—
Total Comprehensive Income			374			—			9			383
Capital contributions from parent	82											82
Cash dividend declared			(192		)				(5		)	(197		)
Balance at September 30, 2014	$	2,561	$	2,078		$	(3	)	$	121		$	4,757
Balance at January 1, 2013	$	2,167	$	1,766		$	(4	)	$	114		$	4,043
Earnings available to common shareholder			311						8			319
Deferred cost of employee benefit plans						1						1
Total Comprehensive Income			311			1			8			320
Capital contributions from parent	285											285
Cash dividend declared			(190		)				(5		)	(195		)
Balance at September 30, 2013	$	2,452	$	1,887		$	(3	)	$	117		$	4,453

SCE&G had 50 million shares of common stock authorized as of September 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 September 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.