Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2023

The following table presents Duke Energy’s basic and diluted EPS calculations, the weighted average number of common shares outstanding and common and preferred share dividends declared.


	Three Months Ended March 31,
(in millions, except per share amounts)		2023		2022
Net income available to Duke Energy common stockholders		$	765	$	818
Less: (Loss) Income from discontinued operations attributable to Duke Energy common stockholders		(145)		12
Accumulated preferred stock dividends adjustment		12		12
Less: Impact of participating securities		1		1
Income from continuing operations available to Duke Energy common stockholders		$	921	$	817

Loss from discontinued operations, net of tax		$	(209)	$	(15)
Add: Loss attributable to NCI		64		27
(Loss) Income from discontinued operations attributable to Duke Energy common stockholders		$	(145)	$	12

Weighted average common shares outstanding – basic and diluted		770		770


EPS from continuing operations available to Duke Energy common stockholders
Basic and diluted		$	1.20	$	1.06

(Loss) Earnings Per Share from discontinued operations attributable to Duke Energy common stockholders
Basic and diluted		$	(0.19)	$	0.02
Potentially dilutive items excluded from the calculation(a)		2		2
Dividends declared per common share		$	1.005	$	0.985
Dividends declared on Series A preferred stock per depositary share(b)		$	0.359	$	0.359
Dividends declared on Series B preferred stock per share(c)		$	24.375	$	24.375

(a)Performance stock awards were not included in the dilutive securities calculation because the performance measures related to the awards had not been met.

(b)5.75% Series A Cumulative Redeemable Perpetual Preferred Stock dividends are payable quarterly in arrears on the 16th day of March, June, September and December. The preferred stock has a $25 liquidation preference per depositary share.

(c)4.875% Series B Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock dividends are payable semiannually in arrears on the 16th day of March and September. The preferred stock has a $1,000 liquidation preference per share.