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Consolidated Condensed Statements Of Income (USD $)
In Millions, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenues    
Regulated electric and gas$ 685.5$ 707.4$ 1,929.1$ 2,079.1
Unregulated225.9194.4664.1633.8
Total revenues911.4901.82,593.22,712.9
Expenses    
Fuel226.3224.5565.4573.9
Purchased power32.145.2103.2151.5
Cost of natural gas sold41.561.0177.6236.4
Other82.296.1242.6280.5
Operation other expense    
Mining related costs132.3119.9387.0375.1
Guatemalan power generation22.115.664.948.5
Other2.11.95.25.0
Maintenance44.044.6141.3137.1
Depreciation and amortization82.478.8243.4233.7
Recoveries from previously impaired assets0.0(2.9)0(2.9)
Restructuring charges  01.5
Taxes, other than income57.057.4171.2174.1
Total expenses722.0742.12,101.82,214.4
Income from operations189.4159.7491.4498.5
Other income (expense)    
Allowance for other funds used during construction0.20.30.81.6
Other income2.610.45.616.0
(Loss) on debt extinguishment  0(33.0)
Income from equity investments03.6010.5
Total other income (expense)2.814.36.4(4.9)
Interest charges    
Interest expense50.857.5154.9175.8
Allowance for borrowed funds used during construction(0.1)(0.1)(0.4)(0.9)
Total interest charges50.7[1]57.4[1]154.5[1]174.9[1]
Income before provision for income taxes141.5116.6343.3318.7
Provision for income taxes51.265.5123.7135.9
Net income90.351.1219.6182.8
Less: Net income attributable to noncontrolling interest(0.1)(0.1)(0.2)(0.5)
Net income$ 90.2$ 51.0$ 219.4$ 182.3
Average common shares outstanding - Basic213.8212.8213.5212.5
Average common shares outstanding - Diluted215.3215.1215.1214.6
Earnings per share - Basic$ 0.42$ 0.24$ 1.02$ 0.85
Earnings per share - Diluted$ 0.42$ 0.24$ 1.02$ 0.85
Dividends paid per common share outstanding$ 0.215$ 0.205$ 0.635$ 0.610
[1]Segment net income is reported on a basis that includes internally allocated financing costs. Total interest charges include internally allocated interest costs that for January 2011 through September 2011 were at a pretax rate of 6.25%, for July 2010 through December 2010 were at a pretax rate of 6.50%, and for January 2010 through June 2010 were at a pretax rate of 7.15% based on an average of each subsidiary's equity and indebtedness to TECO Energy assuming a 50/50 debt/equity capital structure.