Duke Energy 2015 Annual Report Download - page 122
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102
PART II
DUKE ENERGY INDIANA, INC. (subsequently DUKE ENERGY INDIANA, LLC)
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
Years Ended December 31,
(in millions) 2015 2014 2013
Operating Revenues $ 2,890 $ 3,175 $ 2,926
Operating Expenses
Fuel used in electric generation and purchased power 982 1,259 1,131
Operation, maintenance and other 682 670 649
Depreciation and amortization 434 413 342
Property and other taxes 61 128 71
Impairment charges 88 — —
Total operating expenses 2,247 2,470 2,193
Gains on Sales of Other Assets and Other, net 1 — —
Operating Income 644 705 733
Other Income and Expenses, net 11 22 18
Interest Expense 176 171 170
Income Before Income Taxes 479 556 581
Income Tax Expense 163 197 223
Net Income $ 316 $ 359 $ 358
Other Comprehensive Loss, net of tax
Reclassification into earnings from cash flow hedges (2) — (2)
Comprehensive Income $ 314 $ 359 $ 356
See Notes to Consolidated Financial Statements