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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, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Operating Revenues $ 7,994 $ 7,842 $ 21,848 $ 21,417
Operating Expenses        
Operation, maintenance and other 1,428 1,308 4,113 4,223
Depreciation and amortization 1,353 1,299 3,913 3,793
Property and other taxes 394 368 1,136 1,118
Impairment of assets and other charges 88 (4) 96 202
Total operating expenses 5,891 5,792 16,679 16,616
Gains on Sales of Other Assets and Other, net 8 6 46 17
Operating Income 2,111 2,056 5,215 4,818
Other Income and Expenses, net 178 115 516 382
Interest Expense 774 603 2,221 1,760
Income From Continuing Operations Before Income Taxes 1,515 1,568 3,510 3,440
Income Tax Expense 42 158 316 297
Net Income Attributable to Duke Energy Corporation 1,252 1,422 1,836 3,186
Unrealized (losses) gains on available-for-sale securities [1] (6) 1 (2) (20)
Other Comprehensive Income, net of tax 232 [1] 0 261 [1] 242 [1]
Duke Energy Florida        
Operating Revenues 2,164 1,907 5,456 4,890
Operating Expenses        
Cost of sales 885 856 2,218 2,011
Operation, maintenance and other 361 226 898 716
Depreciation and amortization 239 249 674 717
Property and other taxes 157 123 403 335
Impairment of assets and other charges     (1)  
Total operating expenses 1,642 1,454 4,192 3,779
Gains on Sales of Other Assets and Other, net   3 1 5
Operating Income 522 456 1,265 1,116
Other Income and Expenses, net 19 19 56 74
Interest Expense 103 84 305 258
Income From Continuing Operations Before Income Taxes 438 391 1,016 932
Income Tax Expense 91 72 206 181
Net Income Attributable to Duke Energy Corporation 347 319 810 751
Unrealized (losses) gains on available-for-sale securities   (1) 2 (3)
Other Comprehensive Income, net of tax $ 347 $ 318 $ 812 $ 748
[1] Net of income tax expense of approximately $69 million for the three months ended September 30, 2023, and approximately $78 million and $72 million for the nine months ended September 30, 2023, and 2022, respectively. All other periods presented include immaterial income tax impacts.