Duke Energy 2012 Annual Report Download - page 108

88
PART II
Accumulated Other
Comprehensive Income (Loss)
(in millions) Common Stock
Additional
Paid-in Capital
Unearned
ESOP
Common
Stock
Retained
Earnings
Net Gains
(Losses) on
Cash Flow
Hedges
Pension
and OPEB
Related
Adjustments
to AOCI
Common
Stockholders’
Equity
Noncontrolling
Interests
Total
Equity
Balance at December 31, 2009 $ 6,862 $ 11 $ (12) $ 2,675 $ (35) $ (52) $ 9,449 $ 6 $ 9,455
Cumulative effect of change in accounting
principle — — — — — — — (2) (2)
Net income(a) — — — 856 — — 856 3 859
Other comprehensive loss — — — — (28) (10) (38) — (38)
Common stock issuances, including dividend
reinvestment and employee benefi ts 461 — — — — — 461 — 461
Allocation of ESOP shares 9 — 12 — — — 21 — 21
Common stock dividends — — — (726) — — (726) — (726)
Distributions to noncontrolling interests — — — — — — — (2) (2)
Other — — — — — — — (1) (1)
Balance at December 31, 2010 $7,332 $ 11 $ — $ 2,805 $ (63) $ (62) $ 10,023 $ 4 $10,027
Net income(a) — — — 575 — — 575 3 578
Other comprehensive (loss) income — — — — (79) 39 (40) — (40)
Common stock issuances, including dividend
reinvestment and employee benefi ts 86 5 — — — — 91 — 91
Common stock dividends — — — (628) — — (628) — (628)
Distributions to noncontrolling interests — — — — — — — (3) (3)
Balance at December 31, 2011 $ 7,418 $ 16 $ — $ 2,752 $ (142) $ (23) $ 10,021 $ 4 $10,025
Net income(a) — — — 400 — — 400 3 403
Other comprehensive income (loss) — — — — 100 (2) 98 — 98
Common stock issuances, including dividend
reinvestment and employee benefi ts 18 13 — — — — 31 — 31
Common stock dividends — — — (369) — — (369) — (369)
Distributions to noncontrolling interests — — — — — — — (2) (2)
Recapitalization for merger with Duke Energy (7,436) 7,436 — — — — — — —
Other — — — — — — — (1) (1)
Balance at December 31, 2012 $ — $ 7,465 $ — $ 2,783 $ (42) $ (25) $ 10,181 $ 4 $10,185
(a) For the year ended December 31, 2012, consolidated net income of $407 million includes $4 million attributable to preferred shareholders of subsidiaries. For the year ended December 31, 2011, consolidated net income of
$582 million includes $4 million attributable to preferred shareholders of subsidiaries. For the year ended December 31, 2010, consolidated net income of $863 million includes $4 million attributable to preferred shareholders
of subsidiaries. Income attributable to preferred shareholders of subsidiaries is not a component of total equity and is excluded from the table above.
See Notes to Consolidated Financial Statements
PROGRESS ENERGY, INC.
Consolidated Statements of Common Stockholder’s Equity