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Condensed Consolidated Statements of Operations and Comprehensive Income - Duke Energy Indiana - 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
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
Other comprehensive income (loss) [1] (7) 55 108 29
Comprehensive Income (Loss) 914 (149) 2,180 586
Duke Energy Indiana        
Operating Revenues 747 780 1,506 1,755
Operating Expenses        
Cost of sales 223 248 494 697
Operation, maintenance and other 161 180 341 364
Depreciation and amortization 172 169 341 327
Property and other taxes 16 7 30 25
Total operating expenses 572 604 1,206 1,413
Operating Income 175 176 300 342
Other Income and Expenses, net 15 14 28 28
Interest Expense 58 52 115 104
Income From Continuing Operations Before Income Taxes 132 138 213 266
Income Tax Expense From Continuing Operations 22 24 36 46
Net Income (Loss) Attributable to Duke Energy Corporation 110 114 177 220
Other comprehensive income (loss) 0 0 (1) 0
Comprehensive Income (Loss) $ 110 $ 114 $ 176 $ 220
[1] Net of income tax benefit of approximately $2 million and income tax expense of $16 million for the three months ended June 30, 2024, and 2023, respectively and approximately $32 million and $9 million of income tax expense for the six months ended June 30, 2024, and 2023, respectively.