Acquisitions and Dispositions (Tables)

3 Months Ended

Mar. 31, 2015

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 is not operated by Duke Energy Ohio.


(d)	Total MW capacity is based on summer capacity.

Income Statement Disclosures

The results of operations of the Disposal Group are classified as discontinued operations in the accompanying Condensed Consolidated Statements of Operations and Comprehensive Income. Certain immaterial costs that may be eliminated as a result of the sale have remained in continuing operations. The following table presents the results of discontinued operations.

Duke Energy



	Three Months Ended March 31,
(in millions)	2015			2014
Operating Revenues	$	543		$	368
Estimated loss on disposition	(43		)	(1,287		)

Income (loss) before income taxes	$	147		$	(1,303	)
Income tax expense (benefit)	51			(466		)
Income (loss) from discontinued operations of the Disposal Group	96			(837		)
Other, net of tax^(a)	(5		)	(6		)
Income (Loss) from Discontinued Operations, net of tax	$	91		$	(843	)


(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 March 31,
(in millions)	2015			2014
Operating Revenues	$	412		$	195
Estimated loss on disposition	(44		)	(1,323		)

Income (loss) before income taxes	$	140		$	(1,354	)
Income tax expense (benefit)	50			(479		)
Income (Loss) from Discontinued Operations, net of tax	$	90		$	(875	)

Held for sale

The following table presents the Disposal Group's carrying values in the Condensed Consolidated Balance Sheets' major classes of Assets held for sale and Liabilities associated with assets held for sale.



	March 31, 2015
(in millions)	Duke Energy		Duke Energy Ohio
Current assets	$	354	$	295
Investments and other assets	50		45
Property, plant and equipment	2,553		2,520
Total Assets held for sale	$	2,957	$	2,860
Current liabilities	$	146	$	129
Deferred credits and other liabilities	26		25
Total Liabilities associated with assets held for sale	$	172	$	154

- 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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