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Condensed Consolidated Statements of Operations and Comprehensive Income - Duke Energy Florida - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating Revenues $ 7,968 $ 6,951 $ 21,785 $ 18,859
Operating Expenses        
Operation, maintenance and other 1,394 1,507 4,471 4,319
Depreciation and amortization 1,364 1,265 3,986 3,698
Property and other taxes 378 371 1,149 1,073
Impairment (reversal) of assets and other charges (4) 211 202 342
Gains (Losses) on Sales of Other Assets and Other, net 6 9 16 11
Total operating expenses 5,950 5,273 17,085 14,564
Operating Income 2,024 1,687 4,716 4,306
Total other income and expenses 115 260 380 507
Interest Expense 621 581 1,815 1,688
Income From Continuing Operations Before Income Taxes 1,518 1,366 3,281 3,125
Income Tax Expense From Continuing Operations 128 90 191 210
Net Income Attributable to Duke Energy Corporation 1,422 1,405 3,186 3,162
Unrealized losses on available-for-sale securities [1] 1 (2) (20) (6)
Comprehensive income 1,417 1,414 3,411 3,102
Duke Energy Florida        
Operating Revenues 1,907 1,561 4,890 3,987
Operating Expenses        
Fuel used in electric generation and purchased power/Cost of natural gas 856 552 2,011 1,335
Operation, maintenance and other 226 263 716 760
Depreciation and amortization 249 214 717 619
Property and other taxes 123 105 335 290
Impairment (reversal) of assets and other charges       19
Gains (Losses) on Sales of Other Assets and Other, net 3 1 5 1
Total operating expenses 1,454 1,134 3,779 3,023
Operating Income 456 428 1,116 965
Total other income and expenses 19 18 74 54
Interest Expense 84 79 258 239
Income From Continuing Operations Before Income Taxes 391 367 932 780
Income Tax Expense From Continuing Operations 72 70 181 149
Net Income Attributable to Duke Energy Corporation 319 297 751 631
Unrealized losses on available-for-sale securities (1)   (3)  
Other Comprehensive Loss, net of tax (1) 0 (3) 0
Comprehensive income $ 318 $ 297 $ 748 $ 631
[1] Net of income tax expense of approximately $72 million for the nine months ended September, 30, 2022 and income tax benefit of $16 million for the nine months ended September 30, 2021. All other periods presented include immaterial income tax impacts.