Acquisitions and Dispositions (Tables)

9 Months Ended

Sep. 30, 2014

The Disposal Group was included in the Commercial Power segment. The following table presents information related to the Duke Energy Ohio generation plants included in the Disposal Group.



Facility	Plant Type	Primary Fuel	Location	Total Average MW Capacity^(c)	Owned Average MW Capacity^(c)	Ownership Interest
Stuart^(a)(b)	Fossil Steam	Coal	OH	2,318	904	39	%
Zimmer^(a)	Fossil Steam	Coal	OH	1,338	622	46.5	%
Hanging Rock	Combined Cycle	Gas	OH	1,274	1,274	100	%
Miami Fort (Units 7 and 8)^(a)	Fossil Steam	Coal	OH	1,020	653	64	%
Conesville^(a)(b)	Fossil Steam	Coal	OH	780	312	40	%
Washington	Combined Cycle	Gas	OH	637	637	100	%
Fayette	Combined Cycle	Gas	PA	640	640	100	%
Killen^(a)(b)	Fossil Steam	Coal	OH	618	204	33	%
Lee	Combustion Turbine	Gas	IL	640	640	100	%
Dick's Creek	Combustion Turbine	Gas	OH	136	136	100	%
Miami Fort	Combustion Turbine	Oil	OH	68	68	100	%
Total Midwest Generation				9,469	6,090


(a)	Jointly owned with Ohio Power Company and/or The Dayton Power & Light Company.


(b)	Station is not operated by Duke Energy Ohio.


(c)	Average MW capacity is calculated as the average of winter capacity and summer capacity.

Income Statement Disclosures

Results of discontinued operations were as follows.

Duke Energy



	Three Months Ended September 30,					Nine Months Ended September 30,
(in millions)	2014			2013		2014			2013
Operating Revenues	$	620		$	491	$	1,233		$	1,369
Estimated gain (loss) on disposition	460			—		(847		)	—

Income (loss) before income taxes	$	623		$	82	$	(864	)	$	126
Income tax expense (benefit)	218			34		(321		)	43
Income (loss) from discontinued operations of the Disposal Group	405			48		(543		)	83
Other, net of tax^(a)	(27		)	14		(35		)	(1		)
Income (Loss) from Discontinued Operations, net of tax	$	378		$	62	$	(578	)	$	82


(a)	Other discontinued operations relates to prior sales of businesses and includes indemnifications provided for certain legal, tax and environmental matters, and foreign currency translation adjustments.

Duke Energy Ohio



	Three Months Ended September 30,				Nine Months Ended September 30,
(in millions)	2014		2013		2014			2013
Operating Revenues	$	536	$	389	$	853		$	1,054
Estimated gain (loss) on disposition	466		—		(878		)	—

Income (loss) before income taxes	$	647	$	65	$	(917	)	$	71
Income tax expense (benefit)	234		30		(320		)	32
Income (Loss) from Discontinued Operations, net of tax	$	413	$	35	$	(597	)	$	39

Held for sale

The following table presents the carrying values of the major classes of Assets held for sale and Liabilities associated with assets held for sale included in the Disposal Group in the Condensed Consolidated Balance Sheets. Amounts included in the following table exclude certain other disposal groups which are not material and accordingly may not agree to amounts presented in the Duke Energy Condensed Consolidated Balance Sheets.



	September 30, 2014
(in millions)	Duke Energy		Duke Energy Ohio
Current assets	$	335	$	284
Investments and other assets	43		38
Property, plant and equipment	2,675		2,644
Total assets held for sale	$	3,053	$	2,966
Current liabilities	$	284	$	269
Deferred credits and other liabilities	57		57
Total liabilities associated with assets held for sale	$	341	$	326

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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