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Consolidated Statements Of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating Revenues      
Regulated electric $ 15,621 $ 10,589 $ 10,723
Non-regulated electric, natural gas, and other 3,534 3,383 2,930
Regulated natural gas 469 557 619
Total operating revenues 19,624 14,529 14,272
Operating Expenses      
Fuel used in electric generation and purchased power - regulated 5,582 3,309 3,345
Fuel used in electric generation and purchased power - non-regulated 1,722 1,488 1,199
Cost of natural gas and coal sold 264 348 381
Operation, maintenance and other 5,006 3,770 3,825
Depreciation and amortization 2,289 1,806 1,786
Property and other taxes 985 704 702
Impairment charges 666 335 726
Total operating expenses 16,514 11,760 11,964
Gains (losses) on sales of other assets and other, net 16 8 153
Operating Income 3,126 2,777 2,461
Other Income and Expenses      
Equity in earnings of unconsolidated affiliates 148 160 116
Impairments and gains on sales of unconsolidated affiliates 22 11 103
Other income and expenses, net 397 376 370
Total Other Income and Expense 567 547 589
Interest Expense 1,242 859 840
Income From Continuing Operations Before Income Taxes 2,451 2,465 2,210
Income Tax Expense or Benefit from Continuing Operations 705 752 890
Income (Loss) from Continuing Operations 1,746 1,713 1,320
Income (Loss) From Discontinued Operations, net of tax 36 1 3
Net Income 1,782 1,714 1,323
Less: Net Income (Loss) Attributable to Noncontrolling Interests 14 8 3
Net Income Attributable to Duke Energy Corporation 1,768 1,706 1,320
Net Income Available to Parent 1,780 [1]    
Other comprehensive income(loss), net of tax      
Pension and OPEB related adjustments (19) [2] 49 [2] (276) [2]
Net unrealized gain (loss) on cash flow hedges (28) [3] (57) [3] 1 [3]
Reclassification into earnings from cash flow hedges (1) [4] 4 [4] 3 [4]
Other Comprehensive Income Unrealized Holding Gain Loss On Auction Rate Securities Arising During Period Net Of Tax 9 [5] 8 [5] 14 [5]
Other comprehensive income (loss), net of tax (76) (243) 373
Comprehensive income 1,706 1,471 1,696
Less: Comprehensive Income attributable to noncontrolling interests 10 1 2
Comprehensive income 1,696 1,470 1,694
Income from continuing operations attributable to Duke Energy Corporation common shareholders      
Basic $ 3.01 $ 3.83 $ 2.99
Diluted $ 3.01 $ 3.83 $ 2.99
Income (loss) from discontinued operations attributable To Duke Energy Corporation common shareholders      
Basic $ 0.06 $ 0 $ 0.01
Diluted $ 0.06 $ 0 $ 0.01
Net income attributable to Duke Energy Corporation common shareholders      
Basic $ 3.07 $ 3.83 $ 3.00
Diluted $ 3.07 $ 3.83 $ 3.00
Dividends declared per share $ 3.03 $ 2.97 $ 2.91
Weighted-average shares outstanding      
Basic 574 444 439
Diluted 575 444 440
Duke Energy Carolinas [Member]
     
Operating Revenues      
Total operating revenues 6,665 6,493 6,424
Operating Expenses      
Fuel used in electric generation and purchased power - regulated 1,864 1,944 1,944
Operation, maintenance and other 1,979 1,904 1,907
Depreciation and amortization 921 814 787
Property and other taxes 365 340 348
Impairment charges 31 12 0
Total operating expenses 5,160 5,014 4,986
Gains (losses) on sales of other assets and other, net 12 1 7
Operating Income 1,517 1,480 1,445
Other Income and Expenses      
Other income and expenses, net 185 186 212
Interest Expense 384 360 362
Income From Continuing Operations Before Income Taxes 1,318 1,306 1,295
Income Tax Expense or Benefit from Continuing Operations 453 472 457
Net Income 865 834 838
Other comprehensive income(loss), net of tax      
Reclassification into earnings from cash flow hedges 2 [6] 3 [6] 4 [6]
Other Comprehensive Income Unrealized Holding Gain Loss On Auction Rate Securities Arising During Period Net Of Tax 1 [7]   7 [7]
Other comprehensive income (loss), net of tax 3 3 11
Comprehensive income 868 837 849
Progress Energy [Member]
     
Operating Revenues      
Total operating revenues 9,405 8,948 10,223
Operating Expenses      
Fuel used in electric generation and purchased power - regulated 4,304 4,043 4,621
Operation, maintenance and other 2,445 2,060 2,045
Depreciation and amortization 747 701 920
Property and other taxes 570 562 580
Impairment charges 200 3 5
Total operating expenses 8,266 7,369 8,171
Gains (losses) on sales of other assets and other, net (2) 4 (8)
Operating Income 1,137 1,583 2,044
Other Income and Expenses      
Other income and expenses, net 130 52 109
Interest Expense 740 725 747
Income From Continuing Operations Before Income Taxes 527 910 1,406
Income Tax Expense or Benefit from Continuing Operations 172 323 539
Income (Loss) from Continuing Operations 355 587 867
Income (Loss) From Discontinued Operations, net of tax 52 (5) (4)
Net Income 407 582 863
Less: Net Income (Loss) Attributable to Noncontrolling Interests 7 7 7
Net Income Attributable to Duke Energy Corporation 400 575 856
Other comprehensive income(loss), net of tax      
Pension and OPEB related adjustments (4) [8] 34 [8] (13) [8]
Reclassification into earnings from pension and OPEB adjustments 2 [9] 5 [9] 3 [9]
Net unrealized gain (loss) on cash flow hedges (5) [10] (87) [10] (34) [10]
Reclassification into earnings from cash flow hedges 8 [11] 8 [11] 6 [11]
Reclassification of cash flow hedges to regulatory assets 97 [12]    
Other comprehensive income (loss), net of tax 98 (40) (38)
Comprehensive income 505 542 825
Less: Comprehensive Income attributable to noncontrolling interests 7 7 7
Comprehensive income 498 535 818
Progress Energy Carolinas [Member]
     
Operating Revenues      
Total operating revenues 4,706 4,547 4,933
Operating Expenses      
Fuel used in electric generation and purchased power - regulated 1,895 1,755 2,008
Operation, maintenance and other 1,494 1,191 1,158
Depreciation and amortization 535 514 478
Property and other taxes 219 211 218
Impairment charges 54 3 5
Total operating expenses 4,197 3,674 3,867
Gains (losses) on sales of other assets and other, net 1 3 1
Operating Income 510 876 1,067
Other Income and Expenses      
Other income and expenses, net 79 80 71
Interest Expense 207 184 186
Income From Continuing Operations Before Income Taxes 382 772 952
Income Tax Expense or Benefit from Continuing Operations 110 256 350
Net Income 272 516 602
Less: Net Income (Loss) Attributable to Noncontrolling Interests     (1)
Net Income Attributable to Duke Energy Corporation 272 516 603
Less: Preferred Stock Dividend Requirement 3 3 3
Net Income Available to Parent 269 513 600
Other comprehensive income(loss), net of tax      
Net unrealized gain (loss) on cash flow hedges (4) [13] (43) [13] (10) [13]
Reclassification into earnings from cash flow hedges 4 [14] 5 [14] 4 [14]
Reclassification of cash flow hedges to regulatory assets 71 [15]    
Other comprehensive income (loss), net of tax 71 (38) (6)
Comprehensive income 343 478 596
Less: Comprehensive Income attributable to noncontrolling interests     (1)
Comprehensive income 343 478 597
Progress Energy Florida [Member]
     
Operating Revenues      
Total operating revenues 4,689 4,392 5,276
Operating Expenses      
Fuel used in electric generation and purchased power - regulated 2,409 2,288 2,613
Operation, maintenance and other 969 883 915
Depreciation and amortization 192 169 426
Property and other taxes 346 351 362
Impairment charges 146    
Total operating expenses 4,062 3,691 4,316
Gains (losses) on sales of other assets and other, net 2 2 (5)
Operating Income 629 703 955
Other Income and Expenses      
Other income and expenses, net 39 30 32
Interest Expense 255 239 258
Income From Continuing Operations Before Income Taxes 413 494 729
Income Tax Expense or Benefit from Continuing Operations 147 180 276
Net Income 266 314 453
Less: Preferred Stock Dividend Requirement 2 2 2
Net Income Available to Parent 264 312 451
Other comprehensive income(loss), net of tax      
Net unrealized gain (loss) on cash flow hedges   (23) [16] (7) [16]
Reclassification into earnings from cash flow hedges 1 [17]    
Reclassification of cash flow hedges to regulatory assets 26 [18]    
Other comprehensive income (loss), net of tax 27 (23) (7)
Comprehensive income 293 291 446
Duke Energy Ohio [Member]
     
Operating Revenues      
Regulated electric 1,386 1,518 1,823
Non-regulated electric, natural gas, and other 1,295 1,105 885
Regulated natural gas 471 558 621
Total operating revenues 3,152 3,181 3,329
Operating Expenses      
Fuel used in electric generation and purchased power - regulated 475 380 490
Fuel used in electric generation and purchased power - non-regulated 832 653 465
Cost of natural gas and coal sold 142 209 269
Operation, maintenance and other 797 885 836
Depreciation and amortization 338 335 400
Property and other taxes 224 260 260
Impairment charges 2 89 837
Total operating expenses 2,810 2,811 3,557
Gains (losses) on sales of other assets and other, net 7 5 3
Operating Income 349 375 (225)
Other Income and Expenses      
Other income and expenses, net 13 19 25
Interest Expense 89 104 109
Income From Continuing Operations Before Income Taxes 273 290 (309)
Income Tax Expense or Benefit from Continuing Operations 98 96 132
Net Income 175 194 (441)
Other comprehensive income(loss), net of tax      
Pension and OPEB related adjustments 27 [19] (6) [19] 8 [19]
Reclassification into earnings from cash flow hedges 0 [20] 0 [20] (1) [20]
Other comprehensive income (loss), net of tax 27 (6) 7
Comprehensive income 202 188 (434)
Duke Energy Indiana [Member]
     
Operating Revenues      
Total operating revenues 2,717 2,622 2,520
Operating Expenses      
Fuel used in electric generation and purchased power - regulated 1,088 986 912
Operation, maintenance and other 655 647 611
Depreciation and amortization 389 391 375
Property and other taxes 81 82 70
Impairment charges 579 234 44
Total operating expenses 2,792 2,340 2,012
Gains (losses) on sales of other assets and other, net 0 0 (2)
Operating Income (75) 282 506
Other Income and Expenses      
Other income and expenses, net 90 97 70
Interest Expense 138 137 135
Income From Continuing Operations Before Income Taxes (123) 242 441
Income Tax Expense or Benefit from Continuing Operations (73) 74 156
Net Income (50) 168 285
Other comprehensive income(loss), net of tax      
Reclassification into earnings from cash flow hedges (2) [21] (1) [21] (2) [21]
Other comprehensive income (loss), net of tax (2) (1) (2)
Comprehensive income $ (52) $ 167 $ 283
[1] For the year ended December 31, 2012, consolidated net income of $1,782 million includes $2 million attributable to preferred shareholders of subsidiaries. Income attributable to preferred shareholders of subsidiaries is not a component of total equity and is excluded from the table above.
[2] Net of $9 million tax expense in 2012, $23 million tax benefit in 2011 and $150 million tax expense in 2010.
[3] Net of $6 million tax expense in 2012, $31 million tax benefit in 2011 and $1 million tax expense in 2010.
[4] Net of $1 million tax benefit in 2012, $1 million tax expense in 2011 and insignificant tax expense in 2010.
[5] Net of $4 million tax expense in 2012, $4 million tax expense in 2011 and $8 million tax expense in 2010.
[6] Net of $1 million tax expense in 2012, $2 million tax expense in 2011 and $2 million tax expense in 2010.
[7] Net of $1 million tax expense in 2012 and $5 million tax expense in 2010.
[8] Net of $1 million tax benefit in 2012, $24 million tax expense in 2011 and $8 million tax benefit in 2010.
[9] Net of $1 million tax expense in 2012, $3 million tax expense in 2011 and $2 million tax expense in 2010.
[10] Net of $3 million tax benefit in 2012, $56 million tax benefit in 2011 and $22 million tax benefit in 2010.
[11] Net of $6 million tax expense in 2012, $5 million tax expense in 2011 and $4 million tax expense in 2010.
[12] Net of $62 million tax expense in 2012.
[13] Net of $3 million tax benefit in 2012, $28 million tax benefit in 2011 and $6 million tax benefit in 2010.
[14] Net of $2 million tax expense in 2012, $3 million tax expense in 2011 and $3 million tax expense in 2010.
[15] Net of $46 million tax expense in 2012.
[16] Net of $15 million tax benefit in 2011 and $4 million tax benefit in 2010.
[17] Net of $1 million tax expense in 2012.
[18] Net of $16 million tax expense in 2012.
[19] Net of $8 million tax expense in 2012, insignificant tax expense in 2011 and $4 million tax expense in 2010.
[20] Net of $1 million tax benefit in 2010.
[21] Net of tax benefit of $1 million in 2012, 2011 and 2010.