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For The Years Ended December 31, 1997, 1996 and 1995
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Note 4. Business Segments
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Business segment financial information follows for each of the three years in the period
ended December 31, 1997. Other Operations include intersegment eliminations.
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In Millions |
|
Unaffiliated Revenues |
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Intersegment Revenues |
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|
Total Revenues |
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|
Operating Income |
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|
Earning Before Interest & Taxes |
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|
Depreciation & Amortization |
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1997 |
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Electric Operations |
$ |
4,401.7 |
|
$ |
-- |
|
$ |
4,401.7 |
|
$ |
1,180.3 |
|
$ |
1,281.8 |
|
$ |
497.8 |
|
|
|
Natural Gas Transmission |
|
1,467.8 |
|
|
104.3 |
|
|
1,572.1 |
|
|
607.7 |
|
|
624.4 |
|
|
229.6 |
|
|
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Energy Services |
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|
|
|
|
|
|
|
|
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Trading and Marketing |
|
7,411.0 |
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|
77.7 |
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|
7,488.7 |
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|
42.7 |
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|
44.4 |
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|
7.0 |
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Field Services |
|
2,480.5 |
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|
574.1 |
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3,054.6 |
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|
156.7 |
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|
157.0 |
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|
71.4 |
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Global Asset Development |
|
109.2 |
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|
14.2 |
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|
123.4 |
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( 6.4 |
) |
|
4.5 |
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|
8.7 |
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Other Energy Services |
|
342.8 |
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|
32.8 |
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|
375.6 |
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|
23.2 |
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|
18.2 |
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|
5.8 |
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|
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Energy Services’ Eliminations |
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-- |
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|
( 655.1 |
) |
|
( 655.1 |
) |
|
-- |
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|
-- |
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-- |
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Total Energy Services |
|
10,343.5 |
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43.7 |
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10,387.2 |
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|
216.2 |
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|
224.1 |
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|
92.9 |
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Other Operations |
|
95.9 |
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|
( 148.0 |
) |
|
( 52.1 |
) |
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( 34.2 |
) |
|
( 22.2 |
) |
|
20.7 |
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Total Consolidated |
$ |
16,308.9 |
|
$ |
-- |
|
$ |
16,308.9 |
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$ |
1,970.0 |
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$ |
2,108.1 |
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$ |
841.0 |
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1996 |
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Electric Operations |
$ |
4,498.4 |
|
$ |
-- |
|
$ |
4,498.4 |
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$ |
1,303.6 |
|
$ |
1,419.5 |
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$ |
481.1 |
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Natural Gas Transmission |
|
1,470.2 |
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|
86.1 |
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1,556.3 |
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|
583.8 |
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|
595.5 |
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|
228.2 |
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Energy Services |
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|
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Trading and Marketing |
|
3,773.5 |
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|
40.5 |
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3,814.0 |
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|
56.3 |
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57.9 |
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|
3.8 |
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Field Services |
|
2,215.6 |
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|
420.9 |
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2,636.5 |
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|
149.4 |
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|
151.6 |
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|
58.7 |
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|
|
Global Asset Development |
|
65.0 |
|
|
6.6 |
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|
71.6 |
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( 1.2 |
) |
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-- |
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6.9 |
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Other Energy Services |
|
182.8 |
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|
21.4 |
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|
204.2 |
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|
19.9 |
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|
20.0 |
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|
3.5 |
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Energy Services’ Eliminations |
|
-- |
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|
( 456.5 |
) |
|
( 456.5 |
) |
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-- |
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-- |
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-- |
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Total Energy Services |
|
6,236.9 |
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|
32.9 |
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6,269.8 |
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|
224.4 |
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|
229.5 |
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|
72.9 |
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Other Operations |
|
96.9 |
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( 119.0 |
) |
|
( 22.1 |
) |
|
46.8 |
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|
49.7 |
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|
7.2 |
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Total Consolidated |
$ |
12,302.4 |
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$ |
-- |
|
$ |
12,302.4 |
|
$ |
2,158.6 |
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$ |
2,294.2 |
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$ |
789.4 |
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1995 |
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Electric Operations |
$ |
4,512.4 |
|
$ |
-- |
|
$ |
4,512.4 |
|
$ |
1,308.7 |
|
$ |
1,381.2 |
|
$ |
451.2 |
|
|
|
Natural Gas Transmission |
|
1,480.3 |
|
|
53.1 |
|
|
1,533.4 |
|
|
562.3 |
|
|
567.6 |
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|
228.5 |
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Energy Services |
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Trading and Marketing |
|
1,838.3 |
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|
28.4 |
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1,866.7 |
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|
20.0 |
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|
17.1 |
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|
2.3 |
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Field Services |
|
1,607.1 |
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|
184.3 |
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1,791.4 |
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|
96.8 |
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|
106.1 |
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|
40.3 |
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Global Asset Development |
|
75.3 |
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|
4.0 |
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|
79.3 |
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|
24.9 |
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|
26.8 |
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|
6.8 |
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Other Energy Services |
|
94.5 |
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|
0.8 |
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|
95.3 |
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|
23.6 |
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23.7 |
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|
0.8 |
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Energy Services’ Eliminations |
|
-- |
|
|
( 216.9 |
) |
|
( 216.9 |
) |
|
-- |
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-- |
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|
-- |
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Total Energy Services |
|
3,615.2 |
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|
0.6 |
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|
3,615.8 |
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|
165.3 |
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|
173.7 |
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|
50.2 |
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Other Operations |
|
86.8 |
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|
( 53.7 |
) |
|
33.1 |
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|
32.0 |
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|
68.0 |
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|
7.2 |
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Total Consolidated |
$ |
9,694.7 |
|
$ |
-- |
|
$ |
9,694.7 |
|
$ |
2,068.3 |
|
$ |
2,190.5 |
|
$ |
737.1 |
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In Millions |
Capital and Investment Expenditures |
Identifiable Assets |
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|
Electric Operations |
$ |
742.6 |
|
$ |
609.8 |
|
$ |
704.0 |
|
$ |
12,958.5 |
|
$ |
12,625.2 |
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|
|
|
|
|
Natural Gas Transmission |
|
247.3 |
|
|
194.0 |
|
|
230.5 |
|
|
5,088.9 |
|
|
5,216.4 |
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|
|
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|
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Energy Services |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Trading and Marketing |
|
17.9 |
|
|
6.6 |
|
|
15.3 |
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|
1,857.3 |
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|
1,403.5 |
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|
Field Services |
|
156.5 |
|
|
530.8 |
|
|
187.2 |
|
|
1,979.8 |
|
|
1,769.4 |
|
|
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|
|
Global Asset Development |
|
348.3 |
|
|
34.8 |
|
|
53.5 |
|
|
987.6 |
|
|
522.3 |
|
|
|
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|
|
Other Energy Services |
|
47.2 |
|
|
39.1 |
|
|
1.0 |
|
|
223.2 |
|
|
130.1 |
|
|
|
|
|
|
Energy Services’ Eliminations |
|
-- |
|
|
-- |
|
|
-- |
|
|
( 169.1 |
) |
|
( 247.0 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
Total Energy Services |
|
569.9 |
|
|
611.3 |
|
|
257.0 |
|
|
4,878.8 |
|
|
3,578.3 |
|
|
|
|
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|
Other Operations |
|
467.8 |
|
|
134.9 |
|
|
99.2 |
|
|
1,102.6 |
|
|
946.3 |
|
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|
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Total Consolidated |
$ |
2,027.6 |
|
$ |
1,550.0 |
|
$ |
1,290.7 |
|
$ |
24,028.8 |
|
$ |
22,366.2 |
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| Continue to Note 5. Regulatory Matters |
| Back to Notes to Consolidated Financial Statements Table of Contents |
|