Duke Energy 2012 Annual Report Download - page 96

76
PART II
Duke Energy Corporation Shareholders
Accumulated Other Comprehensive Income (Loss)
(in millions)
Common
Stock
Shares
Common
Stock
Additional
Paid-in
Capital
Retained
Earnings
Foreign
Currency
Adjustments
Net Gains
(Losses) on
Cash Flow
Hedges Other
Pension and
OPEB Related
Adjustments
to AOCI
Common
Stockholders’
Equity
Noncontrolling
Interests
Total
Equity
Balance at December 31, 2009 436 $ 1 $20,661 $ 1,460 $ 17 $ (22) $ (31) $(336) $21,750 $136 $21,886
Net income — — — 1,320 — — — — 1,320 3 1,323
Other comprehensive income 80 4 14 276 374 (1) 373
Common stock issuances, including
dividend reinvestment and employee
benefi ts 7 — 362 — — — — — 362 — 362
Common stock dividends — — — (1,284) — — — — (1,284) — (1,284)
Changes in noncontrolling interest in
subsidiaries(a) — — — — — — — — — (7) (7)
Balance at December 31, 2010 443 $ 1 $21,023 $ 1,496 $ 97 $ (18) $ (17) $ (60) $22,522 $131 $22,653
Net income — — — 1,706 — — — — 1,706 8 1,714
Other comprehensive (loss) income (142) (53) 8 (49) (236) (7) (243)
Common stock issuances, including
dividend reinvestment and employee
benefi ts 2 — 109 — — — — — 109 — 109
Common stock dividends — — — (1,329) — — — — (1,329) — (1,329)
Changes in noncontrolling interest in
subsidiaries(a) — — — — — — — — — (39) (39)
Balance at December 31, 2011 445 $ 1 $21,132 $ 1,873 $ (45) $ (71) $ (9) $(109) $22,772 $ 93 $22,865
Net income(b) — — — 1,768 — — — — 1,768 12 1,780
Other comprehensive (loss) income (71) (29) 9 19 (72) (4) (76)
Common stock issued in connection
with the Progress Energy Merger 258 — 18,071 — — — — — 18,071 — 18,071
Common stock issuances, including
dividend reinvestment and employee
benefi ts 1 — 76 — — — — — 76 — 76
Common stock dividends — — — (1,752) — — — — (1,752) — (1,752)
Deconsolidation of DS Cornerstone,
LLC(c) — — — — — — — — — (82) (82)
Contribution from noncontrolling
interest in DS Cornerstone, LLC(c) — — — — — — — — — 76 76
Changes in noncontrolling interest in
subsidiaries(a) — — — — — — — — — (17) (17)
Balance at December 31, 2012 704 $ 1 $39,279 $ 1,889 $(116) $(100) $ — $ (90) $40,863 $ 78 $40,941
(a) Includes $23 million, $26 million and $10 million in cash distributions to noncontrolling interests in 2012, 2011 and 2010, respectively.
(b) For the year ended December 31, 2012, consolidated net income of $1,782 million includes $2 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.
(c) Refer to Note 2 for further information on the deconsolidation of DS Cornerstone, LLC.
See Notes to Consolidated Financial Statements
DUKE ENERGY CORPORATION
Consolidated Statements of Equity