Parent & otherThe cost for Parent & other in continuing operations in the fourth quarter of 2012 was $8.5 million, compared with a cost of $11.0 million in the same period in 2011. Results for the quarter include a charge of $0.8 million associated with the early retirement of the remaining $8.8 million of TECO Energy parent debt. The 2011 quarter included certain tax adjustments recorded at Parent. The full-year Parent & other cost in continuing operations was $31.4 million in 2012, compared with $36.0 million in 2011. Results for the 2012 quarter and full-year periods reflect tax items and lower interest expense as a result of the mid-year 2011 debt retirement.
TECO Energy Reports Fourth-Quarter Results
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