Summary Of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2012

Purchased Gas in accordance with the recovery mechanism. The tables below include disclosure of the Regulatory Asset and reclassifications from the Regulatory Asset into Purchased Gas.


Fair Value Amount Offset in Regulatory Assets⁽¹⁾, as of:
		Fair Value
Description	Balance Sheet Location	June 30, 2012		June 30, 2011		December 31, 2011
Natural Gas Futures Contracts	Other Current Liabilities	$	1.4	$	0.5	$	1.7

Natural Gas Futures Contracts	Other Noncurrent Liabilities		0.1		0.1		0.6

Total		$	1.5	$	0.6	$	2.3

⁽¹⁾	The current portion of Regulatory Assets is recorded as Accrued Revenue on the Company’s unaudited Consolidated Balance Sheets.

Regulatory Assets and Reclassification From the Regulatory Asset into Purchased Gas


	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
Amount of (Gain) / Loss Recognized in Regulatory Assets for Derivatives:
Natural Gas Futures Contracts	$	0.1	$	0.5	$	1.4	$	0.6
Amount of Loss Reclassified into unaudited Consolidated Statements of Earnings⁽²⁾:
Purchased Gas	$	0.6	$	0.3	$	2.2	$	1.0

⁽²⁾	These amounts are offset in the unaudited Consolidated Statements of Earnings with Accrued Revenue and therefore there is no effect on earnings.

Allowance for Doubtful Accounts Included in Accounts Receivable, Net

The Allowance for Doubtful Accounts as of June 30, 2012, June 30, 2011 and December 31, 2011, which are included in Accounts Receivable, net on the accompanying unaudited consolidated balance sheets, were as follows:


	June 30,				December 31,
	2012		2011		2011
Allowance for Doubtful Accounts	$	2.9	$	2.8	$	2.3

- Definition

Tabular disclosure of assets that are created when regulatory agencies permit public utilities to defer certain costs included in rate-setting to the balance sheet.

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