2011   2010   2009
Operating Results
(in millions, except dividends per share)
Operating Revenues $757 $697 $621
Net Income $172 $146 $131
Operating Earnings* $174 $146 $131
Cash Flows from Operations $381 $423 $268
Investments in Property, Plant & Equipment $633 $455 $362
Dividends Paid Per Share $1.375 $1.310 $1.250
Earnings Per Share
Basic Earnings Per Share $3.36 $2.89 $2.62
Diluted Earnings Per Share $3.31 $2.84 $2.58
Operating Diluted Earnings Per Share* $3.35 $2.84 $2.58
Balance Sheet (in millions)
Property, Plant & Equipment (Net of Depreciation) $3,416 $2,872 $2,542
Total Assets $4,823 $4,308 $4,030
Total Debt $2,645 $2,497 $2,434
Total Equity $1,259 $1,117 $1,012

*Based on Non-GAAP financial measures. See table at right for GAAP reconciliations.

Download Financial Highlights spreadsheet
(includes GAAP Reconciliations)