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Business segment data (Tables)
12 Months Ended
Dec. 31, 2013
Segment Reporting [Abstract]  
Information on the Company's businesses
The information below follows the same accounting policies as described in the Summary of Significant Accounting Policies. Information on the Company's businesses as of December 31 and for the years then ended was as follows:

 
2013

2012

2011

 
(In thousands)
External operating revenues:
 
 
 
Electric
$
257,260

$
236,895

$
225,468

Natural gas distribution
851,945

754,848

907,400

Pipeline and energy services
155,369

139,883

210,846

 
1,264,574

1,131,626

1,343,714

Exploration and production
490,924

412,651

359,873

Construction materials and contracting
1,675,444

1,597,257

1,509,538

Construction services
1,029,909

932,013

834,918

Other
1,553

1,884

2,449

 
3,197,830

2,943,805

2,706,778

Total external operating revenues
$
4,462,404

$
4,075,431

$
4,050,492

 
 
 
 
Intersegment operating revenues:
 

 

 

Electric
$

$

$

Natural gas distribution



Pipeline and energy services
46,699

53,274

67,497

Exploration and production
45,099

35,966

93,713

Construction materials and contracting
36,693

20,168

472

Construction services
9,930

6,545

19,471

Other
8,067

8,486

8,997

Intersegment eliminations
(146,488
)
(124,439
)
(190,150
)
Total intersegment operating revenues
$

$

$

 
 
 
 
Depreciation, depletion and amortization:
 

 

 

Electric
$
32,789

$
32,509

$
32,177

Natural gas distribution
50,031

45,731

44,641

Pipeline and energy services
29,119

27,684

25,502

Exploration and production
186,458

160,681

142,645

Construction materials and contracting
74,470

79,527

85,459

Construction services
11,939

11,063

11,399

Other
2,050

2,010

1,572

Total depreciation, depletion and amortization
$
386,856

$
359,205

$
343,395

 
 
 
 
Interest expense:
 

 

 

Electric
$
12,590

$
12,421

$
13,745

Natural gas distribution
25,123

28,726

29,444

Pipeline and energy services
10,330

7,742

10,516

Exploration and production
14,315

9,018

7,445

Construction materials and contracting
17,394

15,211

16,241

Construction services
4,306

4,435

4,473

Other
15

13


Intersegment eliminations
(156
)
(867
)
(510
)
Total interest expense
$
83,917

$
76,699

$
81,354

 
 
 
 
 
2013

2012

2011

 
(In thousands)
Income taxes:
 

 

 

Electric
$
9,683

$
8,975

$
7,242

Natural gas distribution
16,633

12,005

16,931

Pipeline and energy services
3,390

15,291

12,912

Exploration and production
53,197

(108,264
)
46,298

Construction materials and contracting
24,765

14,099

11,227

Construction services
29,504

24,128

13,426

Other
2,433

2,620

2,238

Intersegment eliminations
(2,869
)


Total income taxes
$
136,736

$
(31,146
)
$
110,274

 
 
 
 
Earnings (loss) on common stock:
 

 

 

Electric
$
34,837

$
30,634

$
29,258

Natural gas distribution
37,656

29,409

38,398

Pipeline and energy services
7,629

26,588

23,082

Exploration and production
94,450

(177,283
)
80,282

Construction materials and contracting
50,946

32,420

26,430

Construction services
52,213

38,429

21,627

Other
5,136

4,797

6,190

Intersegment eliminations
(4,307
)


Earnings (loss) on common stock before income (loss) from discontinued operations
278,560

(15,006
)
225,267

Income (loss) from discontinued operations, net of tax*
(312
)
13,567

(12,926
)
Total earnings (loss) on common stock
$
278,248

$
(1,439
)
$
212,341

 
 
 
 
Capital expenditures:
 

 

 

Electric
$
168,557

$
112,035

$
52,072

Natural gas distribution
101,279

130,178

70,624

Pipeline and energy services
127,092

133,787

45,556

Exploration and production
391,315

554,528

272,855

Construction materials and contracting
34,607

45,083

52,303

Construction services
15,102

14,835

9,711

Other
2,249

791

18,759

Net proceeds from sale or disposition of property and other
(112,131
)
(57,460
)
(40,857
)
Total net capital expenditures
$
728,070

$
933,777

$
481,023

 
 
 
 
Assets:
 

 

 

Electric**
$
884,283

$
760,324

$
672,940

Natural gas distribution**
1,786,068

1,703,459

1,679,091

Pipeline and energy services
798,701

622,470

526,797

Exploration and production
1,616,131

1,539,017

1,481,556

Construction materials and contracting
1,305,808

1,371,252

1,374,026

Construction services
450,614

429,547

418,519

Other***
219,727

256,422

403,196

Total assets
$
7,061,332

$
6,682,491

$
6,556,125

 
 
 
 
 
2013

2012

2011

 
(In thousands)
Property, plant and equipment:
 

 

 

Electric**
$
1,315,822

$
1,150,584

$
1,068,524

Natural gas distribution**
1,776,901

1,689,950

1,568,866

Pipeline and energy services
962,172

816,533

719,291

Exploration and production
3,060,848

2,764,560

2,615,146

Construction materials and contracting
1,510,355

1,504,981

1,499,852

Construction services
134,948

130,624

124,796

Other
49,997

50,519

49,747

Eliminations
(7,177
)


Less accumulated depreciation, depletion and amortization
3,872,487

3,608,912

3,361,208

Net property, plant and equipment
$
4,931,379

$
4,498,839

$
4,285,014

    * Reflected in the Other category.
  ** Includes allocations of common utility property.
*** Includes assets not directly assignable to a business (i.e. cash and cash equivalents, certain accounts receivable, certain investments and other miscellaneous current and deferred assets).
Note: The results reflect $391.8 million ($246.8 million after tax) of noncash write-downs of oil and natural gas properties in 2012.