| |
|
Years Ended December 31, |
| (In millions, except per share amounts) |
2010 |
2009 |
2008 |
| Operating Revenues |
|
|
|
| Transportation, storage and processing of natural gas |
$2,870 |
$2,565 |
$2,343 |
| Distribution of natural gas |
1,450 |
1,451 |
1,731 |
| Sales of natural gas liquids |
459 |
389 |
772 |
| Other |
166 |
147 |
228 |
| Total operating revenues |
4,945 |
4,552 |
5,074 |
| |
|
|
|
Operating Expenses |
|
|
|
| Natural gas and petroleum products purchased |
1,056 |
1,098 |
1,586 |
| Operating, maintenance and other |
1,575 |
1,406 |
1,481 |
| Depreciation and amortization |
650 |
584 |
569 |
| Total operating expenses |
3,281 |
3,088 |
3,636 |
| |
|
|
|
| Gains on Sales of Other Assets and Other, Net |
10 |
11 |
42 |
| |
|
|
|
| Operating Income |
1,674 |
1,475 |
1,480 |
| |
|
|
|
| Other Income and Expenses |
|
|
|
Equity in earnings of unconsolidated affiliates |
430 |
369 |
778 |
| Other income and expenses, net |
32 |
37 |
66 |
| Total other income and expenses |
462 |
406 |
844 |
| |
|
|
|
| Interest Expense |
630 |
610 |
636 |
| |
|
|
|
| Earnings From Continuing Operations Before Income Taxes |
1,506 |
1,271 |
1,688 |
| Income Tax Expense From Continuing Operations |
383 |
352 |
493 |
| |
|
|
|
| Income From Continuing Operations |
1,123 |
919 |
1,195 |
| Income From Discontinued Operations, Net of Tax |
6 |
5 |
2 |
| |
|
|
|
| Net Income |
1,129 |
924 |
1,197 |
| Net Income Noncontrolling Interests |
80 |
75 |
65 |
| |
|
|
|
| Net Income Controlling Interests |
$1,049 |
$ 849 |
$1,132 |
| |
|
|
|
| Earnings per Common Share |
|
|
|
| Basic |
$1.62 |
$1.32 |
$1.82 |
| Diluted |
$1.61 |
$1.32 |
$1.81 |
| Dividends per Common Share |
$1.00 |
$1.00 |
$0.96 |
