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Condensed Consolidated Statement of Income (Unaudited) (USD $)
In Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Operating Revenues:        
Natural gas sales $ 26,239 $ 15,706 $ 53,281 $ 43,428
Natural gas transportation 238,069 223,338 478,445 457,653
Natural gas storage 35,043 36,302 71,863 73,490
Other 1,500 1,335 2,618 3,159
Total operating revenues 300,851 276,681 606,207 577,730
Operating Costs and Expenses:        
Cost of natural gas sales 26,239 15,706 53,281 43,428
Cost of natural gas transportation 6,982 3,808 18,346 12,337
Operation and maintenance 68,404 62,609 127,839 121,461
Administrative and general 40,479 40,055 83,265 75,171
Depreciation and amortization 66,013 62,502 130,256 124,996
Taxes - other than income taxes 11,863 11,647 25,398 24,155
Other (income) expense, net 3,750 2,570 (6,100) 3,763
Total operating costs and expenses 223,730 198,897 432,285 405,311
Operating Income 77,121 77,784 173,922 172,419
Other (Income) and Other Deductions:        
Interest expense 23,873 23,733 47,695 47,280
Interest income - affiliates (6) (16) (16) (2,178)
Allowance for equity and borrowed funds used during construction (AFUDC) (4,058) (3,263) (9,395) (5,831)
Equity in earnings of unconsolidated affiliates (1,095) (1,525) (2,413) (3,066)
Miscellaneous other (income) deductions, net 2,874 78 729 1,314
Total other (income) and other deductions 21,588 19,007 36,600 37,519
Income before Income Taxes 55,533 58,777 137,322 134,900
Provision for Income Taxes 69 105 172 234
Net Income $ 55,464 $ 58,672 $ 137,150 $ 134,666