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150
(Thousands of Dollars) Regulated
Electric Regulated
Natural Gas All Other Reconciling
Eliminations Consolidated
Total
2014
Operating revenues from external customers . . . . . . . $ 9,465,890 $ 2,142,738 $ 77,507 $ — $ 11,686,135
Intersegment revenues. . . . . . . . . . . . . . . . . . . . . . . . . 1,774 5,893 — (7,667) —
Total revenues. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 9,467,664 $ 2,148,631 $ 77,507 $ (7,667) $ 11,686,135
Depreciation and amortization . . . . . . . . . . . . . . . . . . $ 866,746 $ 144,661 $ 7,638 $ — $ 1,019,045
Interest charges and financing costs . . . . . . . . . . . . . . 397,824 43,940 86,442 — 528,206
Income tax expense (benefit). . . . . . . . . . . . . . . . . . . . 512,551 76,418 (65,154) — 523,815
Net income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 890,535 128,559 2,212 — 1,021,306
(Thousands of Dollars) Regulated
Electric Regulated
Natural Gas All Other Reconciling
Eliminations Consolidated
Total
2013
Operating revenues from external customers . . . . . . . $ 9,034,045 $ 1,804,679 $ 76,198 $ — $ 10,914,922
Intersegment revenues. . . . . . . . . . . . . . . . . . . . . . . . . 1,332 2,717 — (4,049) —
Total revenues. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 9,035,377 $ 1,807,396 $ 76,198 $ (4,049) $ 10,914,922
Depreciation and amortization . . . . . . . . . . . . . . . . . . $ 840,833 $ 128,186 $ 8,844 $ — $ 977,863
Interest charges and financing costs . . . . . . . . . . . . . . 386,198 44,927 104,895 — 536,020
Income tax expense (benefit). . . . . . . . . . . . . . . . . . . . 495,044 25,543 (36,611) — 483,976
Net income (loss). . . . . . . . . . . . . . . . . . . . . . . . . . . . . 850,572 123,702 (26,040) — 948,234
(Thousands of Dollars) Regulated
Electric Regulated
Natural Gas All Other Reconciling
Eliminations Consolidated
Total
2012
Operating revenues from external customers . . . . . . . $ 8,517,296 $ 1,537,374 $ 73,553 $ — $ 10,128,223
Intersegment revenues. . . . . . . . . . . . . . . . . . . . . . . . . 1,169 1,425 — (2,594) —
Total revenues. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 8,518,465 $ 1,538,799 $ 73,553 $ (2,594) $ 10,128,223
Depreciation and amortization . . . . . . . . . . . . . . . . . . $ 801,649 $ 115,038 $ 9,366 $ — $ 926,053
Interest charges and financing costs . . . . . . . . . . . . . . 397,457 49,456 119,324 — 566,237
Income tax expense (benefit). . . . . . . . . . . . . . . . . . . . 465,626 50,322 (65,745) — 450,203
Net income (loss). . . . . . . . . . . . . . . . . . . . . . . . . . . . . 851,929 98,061 (44,761) — 905,229
18. Summarized Quarterly Financial Data (Unaudited)
Quarter Ended
(Amounts in thousands, except per share data) March 31, 2014 June 30, 2014 Sept. 30, 2014 Dec. 31, 2014
Operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 3,202,604 $ 2,685,096 $ 2,869,807 $ 2,928,628
Operating income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 493,992 397,208 665,680 391,250
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 261,221 195,164 368,582 196,339
EPS total — basic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 0.52 $ 0.39 $ 0.73 $ 0.39
EPS total — diluted. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.52 0.39 0.73 0.39
Cash dividends declared per common share. . . . . . . . . . . . . . . . . 0.30 0.30 0.30 0.30
Quarter Ended
(Amounts in thousands, except per share data) March 31, 2013 June 30, 2013 Sept. 30, 2013 Dec. 31, 2013
Operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 2,782,849 $ 2,578,913 $ 2,822,338 $ 2,730,822
Operating income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 454,624 402,236 665,113 325,582
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 236,570 196,857 364,752 150,055
EPS total — basic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 0.48 $ 0.40 $ 0.73 $ 0.30
EPS total — diluted. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.48 0.40 0.73 0.30
Cash dividends declared per common share. . . . . . . . . . . . . . . . . 0.27 0.28 0.28 0.28