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Acquisitions and Dispositions (Tables)
 6 Months Ended
Jun. 30, 2015
Business Combinations [Abstract]  
Generation Facilities of Disposal Group
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 MW Capacity(d)

 
Owned MW Capacity(d)

 
Ownership Interest

Stuart(a)(c)
Fossil Steam
 
Coal
 
OH
 
2,308

 
900

 
39
%
Zimmer(a)
Fossil Steam
 
Coal
 
OH
 
1,300

 
605

 
46.5
%
Hanging Rock
Combined Cycle
 
Natural Gas
 
OH
 
1,226

 
1,226

 
100
%
Miami Fort (Units 7 and 8) (b)
Fossil Steam
 
Coal
 
OH
 
1,020

 
652

 
64
%
Conesville(a)(c)
Fossil Steam
 
Coal
 
OH
 
780

 
312

 
40
%
Washington
Combined Cycle
 
Natural Gas
 
OH
 
617

 
617

 
100
%
Fayette
Combined Cycle
 
Natural Gas
 
PA
 
614

 
614

 
100
%
Killen(b)(c)
Fossil Steam
 
Coal
 
OH
 
600

 
198

 
33
%
Lee
Combustion Turbine
 
Natural Gas
 
IL
 
568

 
568

 
100
%
Dick's Creek
Combustion Turbine
 
Natural Gas
 
OH
 
136

 
136

 
100
%
Miami Fort
Combustion Turbine
 
Oil
 
OH
 
56

 
56

 
100
%
Total Midwest Generation
 
 
 
 
 
 
9,225

 
5,884

 
 

(a)
Jointly owned with America Electric Power Generation Resources and The Dayton Power & Light Company.
(b)
Jointly owned with The Dayton Power & Light Company.
(c)
Facility was not operated by Duke Energy Ohio.
(d)
Total Megawatt (MW) capacity is based on summer capacity.
Income Statement Disclosures
The following table presents the results of discontinued operations.
Duke Energy
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(in millions)
2015

 
2014

 
2015

 
2014

Operating Revenues
$
—

 
$
245

 
$
543

 
$
613

Gain (Loss) on disposition(a)
6

 
(20
)
 
(37
)
 
(1,307
)
 
 
 
 
 
 
 
 
(Loss) Income before income taxes(b)
$
(80
)
 
$
(184
)
 
$
67

 
$
(1,487
)
Income tax (benefit) expense
(21
)
 
(73
)
 
30

 
(539
)
(Loss) Income from discontinued operations of the Disposal Group
(59
)
 
(111
)
 
37

 
(948
)
Other, net of tax(c)
2

 
(2
)
 
(3
)
 
(8
)
(Loss) Income from Discontinued Operations, net of tax
$
(57
)
 
$
(113
)
 
$
34

 
$
(956
)
(a)
The Gain (Loss) on disposition includes impairments recorded to write down the carrying amount of the assets to the estimated fair value of the business, based on the selling price to Dynegy less cost to sell.
(b)
The (Loss) Income before income taxes includes the pretax impact of a $71 million and $81 million charge for the agreement in principle reached in a lawsuit related to the Disposal Group for the three and six months ended June 30, 2015, respectively. Refer to Note 5 for further information related to the lawsuit.
(c)
Includes other discontinued operations related 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 June 30,
 
Six Months Ended June 30,
(in millions)
2015

 
2014

 
2015

 
2014

Operating Revenues
$
—

 
$
122

 
$
412

 
$
317

Loss on disposition(a)
—

 
(21
)
 
(44
)
 
(1,344
)
 
 
 
 
 
 
 
 
(Loss) Income before income taxes(b)
$
(88
)
 
$
(210
)
 
$
52

 
$
(1,564
)
Income tax (benefit) expense
(23
)
 
(75
)
 
27

 
(554
)
(Loss) Income from Discontinued Operations, net of tax
$
(65
)
 
$
(135
)
 
$
25

 
$
(1,010
)

(a)
The Loss on disposition includes impairments recorded to write down the carrying amount of the assets to the estimated fair value of the business, based on the selling price to Dynegy less cost to sell.
(b)
The (Loss) Income before income taxes includes the pretax impact of a $71 million and $81 million charge for the agreement in principle reached in a lawsuit related to the Disposal Group for the three and six months ended June 30, 2015, respectively. Refer to Note 5 for further information related to the lawsuit.