Duke Energy 2015 Annual Report Download - page 100

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PART II
Years Ended December 31,
(in millions) 2015 2014 2013
Operating Revenues $ 10,277 $ 10,166 $ 9,533
Operating Expenses
Fuel used in electric generation and purchased power 4,224 4,195 3,851
Operation, maintenance and other 2,298 2,335 2,247
Depreciation and amortization 1,116 1,128 883
Property and other taxes 492 517 557
Impairment charges 12 (16) 380
Total operating expenses 8,142 8,159 7,918
Gains on Sales of Other Assets and Other, net 25 11 3
Operating Income 2,160 2,018 1,618
Other Income and Expenses, net 97 77 94
Interest Expense 670 675 680
Income From Continuing Operations Before Income Taxes 1,587 1,420 1,032
Income Tax Expense From Continuing Operations 522 540 373
Income From Continuing Operations 1,065 880 659
(Loss) Income From Discontinued Operations, net of tax (3) (6) 16
Net Income 1,062 874 675
Less: Net Income Attributable to Noncontrolling Interests 11 5 3
Net Income Attributable to Parent $ 1,051 $ 869 $ 672
Net Income $ 1,062 $ 874 $ 675
Other Comprehensive (Loss) Income, net of tax
Pension and OPEB adjustments (10) 9 9
Reclassification into earnings from cash flow hedges 48 (1)
Unrealized (losses) gains on investments in available-for-sale securities (1) 1 —
Other Comprehensive (Loss) Income, net of tax (7) 18 8
Comprehensive Income 1,055 892 683
Less: Comprehensive Income Attributable to Noncontrolling Interests 11 5 3
Comprehensive Income Attributable to Parent $ 1,044 $ 887 $ 680
See Notes to Consolidated Financial Statements
PROGRESS ENERGY, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME