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LONG-TERM AND SHORT-TERM DEBT (Details) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
LONG-TERM AND SHORT-TERM DEBT    
Total debt $ 4,666 $ 4,503
Long-term debt    
Current maturities of long-term debt (31) (337)
Unamortized discount (13) (14)
Total long-term debt, net 4,622 4,152
Annual amounts of long-term debt maturities    
2012 280  
2013 171  
2014 52  
2015 13  
2016 12  
Medium-Term Notes (unsecured)
   
Long-term debt    
Total debt 800 950
Weighted average interest rate (as a percent) 5.69% 6.51%
Fixed rate debt hedged by variable interest rate swaps 250.0 550.0
Senior Notes (unsecured)
   
Long-term debt    
Total debt 101 106
Weighted average interest rate (as a percent) 6.47% 6.47%
First Mortgage Bonds (secured)
   
Long-term debt    
Total debt 2,790 2,560
Weighted average interest rate (as a percent) 5.89% 6.03%
Junior Subordinated Notes (unsecured)
   
Long-term debt    
Total debt 150 150
Weighted average interest rate (as a percent) 7.70% 7.70%
GENCO Notes (secured)
   
Long-term debt    
Total debt 247 262
Weighted average interest rate (as a percent) 5.86% 5.91%
Industrial and Pollution Control Bonds
   
Long-term debt    
Total debt 194 228
Weighted average interest rate (as a percent) 4.48% 4.63%
Variable rate debt hedged by fixed rate swaps 71.4 71.4
Senior Debentures
   
Long-term debt    
Total debt 353 206
Weighted average interest rate (as a percent) 5.92% 6.94%
Fixed rate debt hedged by variable interest rate swaps 3.2 6.4
Fair Value of Interest Rate Swaps
   
Long-term debt    
Total debt   5
Other debt maturing during 2012 to 2027
   
Long-term debt    
Total debt $ 31 $ 36