|
CONSOLIDATED STATEMENTS OF INCOME (USD $) In Millions, except Per Share data, unless otherwise specified
|
3 Months Ended |
12 Months Ended |
|
Mar. 31, 2015
|
Mar. 31, 2014
|
Mar. 31, 2015
|
Mar. 31, 2014
|
| REVENUES |
|
|
|
|
| Questar Gas / Revenues from unaffiliated customers |
$ 374.8 |
$ 396.3 |
$ 939.4 |
$ 963.2 |
| Wexpro |
6.3 |
12.3 |
29.6 |
47.1 |
| Questar Pipeline / Revenues from unaffiliated customers |
46.8 |
48.0 |
189.0 |
189.2 |
| Other |
0.7 |
0.3 |
3.0 |
0.5 |
| Total Revenues |
428.6 |
456.9 |
1,161.0 |
1,200.0 |
| OPERATING EXPENSES |
|
|
|
|
| Cost of sales (excluding operating expenses shown separately) |
131.8 |
148.2 |
169.9 |
234.4 |
| Operating and maintenance |
52.3 |
56.9 |
189.6 |
186.7 |
| General and administrative |
29.4 |
30.3 |
121.8 |
113.8 |
| Production and other taxes |
13.8 |
17.9 |
62.1 |
60.0 |
| Depreciation, depletion and amortization |
54.3 |
55.3 |
212.7 |
201.6 |
| Abandonment and impairment |
0 |
0 |
2.0 |
80.6 |
| Total Operating Expenses |
281.6 |
308.6 |
758.1 |
877.1 |
| Net gain (loss) from asset sales |
0 |
0 |
1.2 |
(0.2) |
| OPERATING INCOME |
147.0 |
148.3 |
404.1 |
322.7 |
| Interest and other income |
1.4 |
1.8 |
6.2 |
8.7 |
| Income from unconsolidated affiliate |
0.9 |
0.9 |
3.5 |
3.7 |
| Interest expense |
(15.9) |
(15.8) |
(63.2) |
(58.2) |
| INCOME BEFORE INCOME TAXES |
133.4 |
135.2 |
350.6 |
276.9 |
| Income taxes |
(48.8) |
(50.1) |
(124.6) |
(103.5) |
| NET INCOME |
84.6 |
85.1 |
226.0 |
173.4 |
| Earnings Per Common Share |
|
|
|
|
| Basic |
$ 0.48 |
$ 0.48 |
$ 1.29 |
$ 0.98 |
| Diluted |
$ 0.48 |
$ 0.48 |
$ 1.28 |
$ 0.98 |
| Weighted-average common shares outstanding |
|
|
|
|
| Used in basic calculation |
176.2 |
175.7 |
176.0 |
175.6 |
| Used in diluted calculation |
176.5 |
176.1 |
176.3 |
176.1 |
| Dividends per common share |
$ 0.21 |
$ 0.18 |
$ 0.78 |
$ 0.72 |
| Questar Gas [Member] |
|
|
|
|
| REVENUES |
|
|
|
|
| Questar Gas / Revenues from unaffiliated customers |
374.8 |
396.3 |
939.4 |
963.2 |
| Revenues from affiliated company |
0 |
0 |
0 |
0.3 |
| Total Revenues |
374.8 |
396.3 |
939.4 |
963.5 |
| OPERATING EXPENSES |
|
|
|
|
| Cost of natural gas sold (excluding operating expenses shown separately) |
233.6 |
254.6 |
583.8 |
614.6 |
| Operating and maintenance |
33.1 |
39.8 |
115.8 |
119.2 |
| General and administrative |
13.4 |
13.8 |
52.4 |
53.6 |
| Depreciation and amortization |
13.5 |
13.2 |
53.9 |
50.8 |
| Other taxes |
4.6 |
5.1 |
17.3 |
17.9 |
| Total Operating Expenses |
298.2 |
326.5 |
823.2 |
856.1 |
| Net gain (loss) from asset sales |
0 |
0 |
0.1 |
0 |
| OPERATING INCOME |
76.6 |
69.8 |
116.3 |
107.4 |
| Interest and other income |
1.1 |
1.3 |
5.7 |
5.2 |
| Interest expense |
(7.1) |
(7.1) |
(28.2) |
(23.6) |
| INCOME BEFORE INCOME TAXES |
70.6 |
64.0 |
93.8 |
89.0 |
| Income taxes |
(26.8) |
(24.4) |
(34.4) |
(33.6) |
| NET INCOME |
43.8 |
39.6 |
59.4 |
55.4 |
| Questar Pipeline [Member] |
|
|
|
|
| REVENUES |
|
|
|
|
| Questar Pipeline / Revenues from unaffiliated customers |
46.8 |
48.0 |
189.0 |
189.2 |
| Revenues from affiliated companies |
19.4 |
19.3 |
73.8 |
76.5 |
| Total Revenues |
66.2 |
67.3 |
262.8 |
265.7 |
| OPERATING EXPENSES |
|
|
|
|
| Operating and maintenance |
10.1 |
9.3 |
40.1 |
38.1 |
| General and administrative |
10.5 |
10.3 |
39.1 |
40.9 |
| Depreciation and amortization |
14.0 |
13.6 |
54.9 |
55.0 |
| Abandonment and impairment |
0 |
0 |
0 |
80.6 |
| Other taxes |
2.3 |
2.3 |
9.1 |
9.1 |
| Cost of sales (excluding operating expenses shown separately) |
1.9 |
1.7 |
4.2 |
6.6 |
| Total Operating Expenses |
38.8 |
37.2 |
147.4 |
230.3 |
| Net gain (loss) from asset sales |
0 |
0 |
(0.5) |
0 |
| OPERATING INCOME |
27.4 |
30.1 |
114.9 |
35.4 |
| Interest and other income |
0.2 |
0.3 |
1.1 |
1.8 |
| Income from unconsolidated affiliate |
0.9 |
0.9 |
3.5 |
3.7 |
| Interest expense |
(6.6) |
(6.5) |
(26.2) |
(25.8) |
| INCOME BEFORE INCOME TAXES |
21.9 |
24.8 |
93.3 |
15.1 |
| Income taxes |
(8.0) |
(9.1) |
(34.5) |
(7.0) |
| NET INCOME |
$ 13.9 |
$ 15.7 |
$ 58.8 |
$ 8.1 |