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v3.24.2.u1

Condensed Consolidated Statements of Operations and Comprehensive Income - Piedmont - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023
Operating Revenues | $ 7,172 | $ 6,578 | $ 14,843 | $ 13,854
Operating Expenses |  |  |  |
Operation, maintenance and other | 1,320 | 1,375 | 2,699 | 2,685
Depreciation and amortization | 1,409 | 1,333 | 2,796 | 2,560
Property and other taxes | 393 | 353 | 779 | 742
Impairment of assets and other charges | 43 | 0 | 44 | 8
Total operating expenses | 5,471 | 5,179 | 11,191 | 10,788
Operating Income | 1,707 | 1,430 | 3,670 | 3,104
Other Income and Expenses, net | 188 | 167 | 374 | 338
Interest Expense | 824 | 727 | 1,641 | 1,447
Income From Continuing Operations Before Income Taxes | 1,071 | 870 | 2,403 | 1,995
Income Tax Expense From Continuing Operations | 140 | 119 | 318 | 274
Net Income (Loss) Attributable to Duke Energy Corporation | 900 | (220) | 2,038 | 584
Comprehensive Income (Loss) Attributable to Duke Energy | 893 | (165) | 2,146 | 613
Piedmont |  |  |  |
Operating Revenues | 244 | 236 | 920 | 911
Operating Expenses |  |  |  |
Cost of natural gas | 58 | 59 | 228 | 265
Operation, maintenance and other | 85 | 82 | 180 | 171
Depreciation and amortization | 64 | 59 | 126 | 116
Property and other taxes | 16 | 14 | 31 | 30
Impairment of assets and other charges | 0 | (5) | 0 | (4)
Total operating expenses | 223 | 209 | 565 | 578
Operating Income | 21 | 27 | 355 | 333
Other Income and Expenses, net | 17 | 16 | 34 | 32
Interest Expense | 43 | 39 | 88 | 79
Income From Continuing Operations Before Income Taxes | (5) | 4 | 301 | 286
Income Tax Expense From Continuing Operations | (1) | 1 | 59 | 51
Net Income (Loss) Attributable to Duke Energy Corporation | (4) | 3 | 242 | 235
Comprehensive Income (Loss) Attributable to Duke Energy | $ (4) | $ 3 | $ 242 | $ 235

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