| Business Segment Data |
The following table summarizes the net loss for Other at each of these registrants. | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | (in millions) | 2014 |
| | 2013 |
| | 2014 |
| | 2013 |
| Duke Energy Carolinas | $ | (19 | ) | | $ | (26 | ) | | $ | (67 | ) | | $ | (69 | ) | Progress Energy | (48 | ) | | (72 | ) | | (145 | ) | | (205 | ) | Duke Energy Progress | (10 | ) | | (20 | ) | | (23 | ) | | (40 | ) | Duke Energy Florida | (5 | ) | | (6 | ) | | (16 | ) | | (18 | ) | Duke Energy Indiana | (3 | ) | | (5 | ) | | (10 | ) | | (13 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, 2014 | (in millions) | Regulated Utilities |
| | International Energy |
| | Commercial Power |
| | Total Reportable Segments |
| | Other |
| | Eliminations |
| | Consolidated |
| Unaffiliated revenues | $ | 5,975 |
| | $ | 366 |
| | $ | 50 |
| | $ | 6,391 |
| | $ | 4 |
| | $ | — |
| | $ | 6,395 |
| Intersegment revenues | 11 |
| | — |
| | — |
| | 11 |
| | 21 |
| | (32 | ) | | — |
| Total revenues | $ | 5,986 |
| | $ | 366 |
| | $ | 50 |
| | $ | 6,402 |
| | $ | 25 |
| | $ | (32 | ) | | $ | 6,395 |
| Segment income (loss)(a) | $ | 920 |
| | $ | 80 |
| | $ | (17 | ) | | $ | 983 |
| | $ | (92 | ) | | $ | (3 | ) | | $ | 888 |
| Add back noncontrolling interests component | | | | | | | | | | | | | 3 |
| Income from discontinued operations, net of tax | | | | | | | | | | | | | 378 |
| Net income | | | | | | | | | | | | | $ | 1,269 |
| Segment assets | $ | 105,172 |
| | $ | 5,159 |
| | $ | 6,196 |
| | $ | 116,527 |
| | $ | 2,944 |
| | $ | 185 |
| | $ | 119,656 |
|
(a) Other includes costs to achieve the Progress Energy merger. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, 2013 | (in millions) | Regulated Utilities |
| | International Energy |
| | Commercial Power |
| | Total Reportable Segments |
| | Other |
| | Eliminations |
| | Consolidated |
| Unaffiliated revenues(a) | $ | 5,768 |
| | $ | 370 |
| | $ | 56 |
| | $ | 6,194 |
| | $ | 23 |
| | $ | — |
| | $ | 6,217 |
| Intersegment revenues | 18 |
| | — |
| | 2 |
| | 20 |
| | 24 |
| | (44 | ) | | — |
| Total revenues | $ | 5,786 |
| | $ | 370 |
| | $ | 58 |
| | $ | 6,214 |
| | $ | 47 |
| | $ | (44 | ) | | $ | 6,217 |
| Segment income (loss)(a)(b) | $ | 923 |
| | $ | 116 |
| | $ | (28 | ) | | $ | 1,011 |
| | $ | (64 | ) | | $ | (5 | ) | | $ | 942 |
| Add back noncontrolling interests component | | | | | | | | | | | | | 4 |
| Income from discontinued operations, net of tax | | | | | | | | | | | | | 62 |
| Net income | | | | | | | | | | | | | $ | 1,008 |
|
| | (a) | In September 2013, Duke Energy Carolinas implemented revised customer rates approved by the NCUC and the PSCSC. These rate increases impact Regulated Utilities. |
| | (b) | Other includes costs to achieve the Progress Energy merger. |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, 2014 | (in millions) | Regulated Utilities |
| | International Energy |
| | Commercial Power |
| | Total Reportable Segments |
| | Other |
| | Eliminations |
| | Consolidated |
| Unaffiliated revenues | $ | 17,041 |
| | $ | 1,111 |
| | $ | 195 |
| | $ | 18,347 |
| | $ | 19 |
| | $ | — |
| | $ | 18,366 |
| Intersegment revenues | 33 |
| | — |
| | — |
| | 33 |
| | 60 |
| | (93 | ) | | — |
| Total revenues | $ | 17,074 |
| | $ | 1,111 |
| | $ | 195 |
| | $ | 18,380 |
| | $ | 79 |
| | $ | (93 | ) | | $ | 18,366 |
| Segment income (loss)(a)(b) | $ | 2,346 |
| | $ | 356 |
| | $ | (70 | ) | | $ | 2,632 |
| | $ | (269 | ) | | $ | (7 | ) | | $ | 2,356 |
| Add back noncontrolling interests component | | | | | | | | | | | | | 11 |
| Loss from discontinued operations, net of tax | | | | | | | | | | | | | (578 | ) | Net income | | | | | | | | | | | | | $ | 1,789 |
|
| | (a) | Commercial Power recorded a pretax impairment charge of $94 million related to reducing the carrying value of OVEC to zero. See Note 13 for additional information. |
| | (b) | Other includes costs to achieve the Progress Energy merger. |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, 2013 | (in millions) | Regulated Utilities |
| | International Energy |
| | Commercial Power |
| | Total Reportable Segments |
| | Other |
| | Eliminations |
| | Consolidated |
| Unaffiliated revenues(a)(b)(c)(d) | $ | 15,731 |
| | $ | 1,168 |
| | $ | 184 |
| | $ | 17,083 |
| | $ | 49 |
| | $ | — |
| | $ | 17,132 |
| Intersegment revenues | 35 |
| | — |
| | 5 |
| | 40 |
| | 64 |
| | (104 | ) | | — |
| Total revenues | $ | 15,766 |
| | $ | 1,168 |
| | $ | 189 |
| | $ | 17,123 |
| | $ | 113 |
| | $ | (104 | ) | | $ | 17,132 |
| Segment income (loss)(a)(b)(c)(d)(e)(f) | $ | 1,932 |
| | $ | 300 |
| | $ | (54 | ) | | $ | 2,178 |
| | $ | (278 | ) | | $ | (10 | ) | | $ | 1,890 |
| Add back noncontrolling interest | | | | | | | | | | | | | 12 |
| Income from discontinued operations, net of tax | | | | | | | | | | | | | 82 |
| Net income | | | | | | | | | | | | | $ | 1,984 |
|
| | (a) | In May 2013, the PUCO approved a Duke Energy Ohio settlement agreement that provides for a net annual increase in electric distribution revenues beginning in May 2013. This rate increase impacts Regulated Utilities. |
| | (b) | In June 2013, NCUC approved a Duke Energy Progress settlement agreement that included an increase in rates in the first year beginning in June 2013. This rate increase impacts Regulated Utilities. |
| | (c) | In September 2013, Duke Energy Carolinas implemented revised customer rates approved by the NCUC and the PSCSC. These rate increases impact Regulated Utilities. |
| | (d) | Regulated Utilities recorded an impairment charge related to Duke Energy Florida's Crystal River Unit 3. See Note 4 for additional information. |
| | (e) | Regulated Utilities recorded an impairment charge related to the letter Duke Energy Progress filed with the NRC requesting the NRC to suspend its review activities associated with the combined construction and operating license (COL) at Harris site. Regulated Utilities also recorded an impairment charge related to the write-off of the wholesale portion of the Levy investments at Duke Energy Florida in accordance with the 2013 Settlement. See Note 4 for additional information. |
| | (f) | Other includes costs to achieve the Progress Energy merger. |
|
| Business Segment Data |
All of Duke Energy Ohio’s revenues are generated domestically and its long-lived assets are all in the U.S. | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, 2014 | (in millions) | Regulated Utilities |
| | Commercial Power |
| | Total Reportable Segments |
| | Other |
| | Eliminations |
| | Consolidated |
| Unaffiliated revenues | $ | 440 |
| | $ | 6 |
| | $ | 446 |
| | $ | — |
| | $ | — |
| | $ | 446 |
| Intersegment revenues | 1 |
| | — |
| | 1 |
| | — |
| | (1 | ) | | — |
| Total revenues | $ | 441 |
| | $ | 6 |
| | $ | 447 |
| | $ | — |
| | $ | (1 | ) | | $ | 446 |
| Segment income (loss) | $ | 43 |
| | $ | (13 | ) | | $ | 30 |
| | $ | (4 | ) | | $ | — |
| | $ | 26 |
| Income from discontinued operations, net of tax | | | | | | | | | | | $ | 413 |
| Net income | | | | | | | | | | | 439 |
| Segment assets | $ | 7,297 |
| | $ | 3,266 |
| | $ | 10,563 |
| | $ | 131 |
| | $ | (622 | ) | | $ | 10,072 |
|
| | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, 2013 | (in millions) | Regulated Utilities |
| | Commercial Power |
| | Total Reportable Segments |
| | Other |
| | Eliminations |
| | Consolidated |
| Unaffiliated revenues | $ | 421 |
| | $ | 17 |
| | $ | 438 |
| | $ | — |
| | $ | — |
| | $ | 438 |
| Total revenues | $ | 421 |
| | $ | 17 |
| | $ | 438 |
| | $ | — |
| | $ | — |
| | $ | 438 |
| Segment income (loss) | $ | 42 |
| | $ | (13 | ) | | $ | 29 |
| | $ | (5 | ) | | $ | — |
| | $ | 24 |
| Income from discontinued operations, net of tax | | | | | | | | | | | 35 |
| Net income | | | | | | | | | | | $ | 59 |
|
| | | | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, 2014 | (in millions) | Regulated Utilities |
| | Commercial Power |
| | Total Reportable Segments |
| | Other |
| | Eliminations |
| | Consolidated |
| Unaffiliated revenues | $ | 1,416 |
| | $ | 17 |
| | $ | 1,433 |
| | $ | — |
| | $ | — |
| | $ | 1,433 |
| Intersegment revenues | 1 |
| | — |
| | 1 |
| | — |
| | (1 | ) | | — |
| Total revenues | $ | 1,417 |
| | $ | 17 |
| | $ | 1,434 |
| | $ | — |
| | $ | (1 | ) | | $ | 1,433 |
| Segment income (loss)(a) | $ | 151 |
| | $ | (101 | ) | | $ | 50 |
| | $ | (11 | ) | | $ | — |
| | $ | 39 |
| Loss from discontinued operations, net of tax | | | | | | | | | | | (597 | ) | Net loss | | | | | | | | | | | $ | (558 | ) |
| | a) | Duke Energy Ohio recorded a pretax impairment charge of $94 million related to reducing the carrying value of OVEC to zero. See Note 13 for additional information. |
| | | | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, 2013 | (in millions) | Regulated Utilities |
| | Commercial Power |
| | Total Reportable Segments |
| | Other |
| | Eliminations |
| | Consolidated |
| Unaffiliated revenues | $ | 1,317 |
| | $ | 32 |
| | $ | 1,349 |
| | $ | — |
| | $ | — |
| | $ | 1,349 |
| Total revenues | $ | 1,317 |
| | $ | 32 |
| | $ | 1,349 |
| | $ | — |
| | $ | — |
| | $ | 1,349 |
| Segment income (loss) | $ | 122 |
| | $ | (51 | ) | | $ | 71 |
| | $ | (14 | ) | | $ | — |
| | $ | 57 |
| Income from discontinued operations, net of tax | | | | | | | | | | | 39 |
| Net income | | | | | | | | | | | $ | 96 |
|
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