Duke Energy 2014 Annual Report Download - page 114

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PART II
Years Ended December 31,
(in millions) 2014 2013 2012
Operating Revenues
Regulated electric $1,316 $1,258 $1,281
Nonregulated electric and other 19 34 68
Regulated natural gas 578 513 471
Total operating revenues 1,913 1,805 1,820
Operating Expenses
Fuel used in electric generation and purchased power – regulated 459 428 475
Fuel used in electric generation and purchased power – nonregulated 25 41 57
Cost of natural gas 185 152 142
Operation, maintenance and other 516 546 586
Depreciation and amortization 214 213 195
Property and other taxes 234 242 205
Impairment charges 94 52
Total operating expenses 1,727 1,627 1,662
Gains on Sales of Other Assets and Other, net 1 41
Operating Income 187 182 159
Other Income and Expenses, net 10 28
Interest Expense 86 74 89
Income From Continuing Operations Before Income Taxes 111 110 78
Income Tax Expense From Continuing Operations 43 43 33
Income From Continuing Operations 68 67 45
(Loss) Income From Discontinued Operations, net of tax (563) 35 130
Net (Loss) Income $ (495) $ 102 $ 175
Other Comprehensive Income, net of tax
Pension and OPEB adjustments —127
Comprehensive (Loss) Income $ (495) $ 103 $ 202
See Notes to Consolidated Financial Statements
DUKE ENERGY OHIO, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME