Duke Energy 2014 Annual Report Download - page 107
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87
PART II
DUKE ENERGY PROGRESS, INC.
CONSOLIDATED STATEMENTS OF CHANGES IN COMMON STOCKHOLDERS’ EQUITY
Accumulated Other
Comprehensive Loss
(in millions)
Common
Stock
Retained
Earnings
Net Loss on
Cash Flow
Hedges
Total
Equity
Balance at December 31, 2011 $ 2,148 $ 3,011 $ (71) $ 5,088
Net income — 272 — 272
Other comprehensive income — — 71 71
Stock-based compensation expense 11 — — 11
Dividends to parent — (310) — (310)
Preferred stock dividends at stated rate — (3) — (3)
Tax dividend — (2) — (2)
Balance at December 31, 2012 $ 2,159 $ 2,968 $ — $ 5,127
Net income — 500 — 500
Premium on the redemption of preferred stock — (2) — (2)
Balance at December 31, 2013 $ 2,159 $ 3,466 $ — $ 5,625
Net income — 467 — 467
Dividends to parent — (225) — (225)
Balance at December 31, 2014 $ 2,159 $3,708 $ — $ 5,867
See Notes to Consolidated Financial Statements