Duke Energy 2013 Annual Report Download - page 97

79
PART II
Accumulated Other
Comprehensive Loss
(in millions)
Common
Stock
Additional
Paid-in Capital
Retained
Earnings
Net Losses on
Cash Flow
Hedges
Pension
and OPEB
Related
Adjustments
Common
Stockholders’
Equity
Noncontrolling
Interests
Total
Equity
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 benefits 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 benefits 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
Net income — — 672 — — 672 3 675
Other comprehensive (loss) income — — — (1) 9 8 — 8
Premium on the redemption of preferred stock of subsidiaries — — (3) — — (3) — (3)
Distributions to noncontrolling interests — — — — — — (3) (3)
Other — 2 — — — 2 — 2
Balance at December 31, 2013 $ — $ 7,467 $3,452 $ (43) $(16) $ 10,860 $ 4 $10,864
(a) For the year ended December 31, 2012, consolidated net income of $407 million included $4 million attributable to preferred shareholders of subsidiaries. For the year ended December 31, 2011, consolidated net income of
$582 million included $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 CHANGES IN COMMON STOCKHOLDER’S EQUITY