Duke Energy CORP - FORM 8-K - EX-99.1

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8-K - 8-K - Duke Energy CORP	a12-18712_18k.htm

Exhibit 99.1

2nd Quarter 2012 Statistical Supplement

CONTENTS

2	DUKE ENERGY CORPORATION

	2	Consolidating Statement of Operations (Current Year)

	3	Consolidating Statement of Operations (Prior Year)

	4	Consolidating Balance Sheet - Assets

	5	Consolidating Balance Sheet - Liabilities and Common Stockholders’ Equity

6	U.S. FRANCHISED ELECTRIC AND GAS

	6	Consolidating Segment Income (Current Year)

	7	Consolidating Segment Income (Prior Year)

	8	Consolidating Balance Sheet - Assets

	9	Consolidating Balance Sheet - Liabilities and Common Stockholders’ Equity

	10	Operating Statistics (Carolinas)

	11	Operating Statistics (DE Midwest - Electric & Gas)

12	APPENDIX

	12	Duke Energy Ohio Supplement (Current Year)

	13	Duke Energy Ohio Supplement (Prior Year)

	14	Commercial Power Operating Statistics

	15	International Energy Operating Statistics

	16	Reconciliation of “As Reported” Results to “As Recasted”

Duke Energy Corporation

CONSOLIDATING STATEMENT OF OPERATIONS

(Unaudited)

													Six Months Ended
	U.S. Franchised		Commercial		International					Eliminations/			June 30,
(In millions)	Electric and Gas		Power		Energy		Other			Adjustments			2012

OPERATING REVENUES
Regulated electric	$	5,094	$	54	$	—	$	1		$	(20	)	$	5,129
Non-regulated electric, natural gas, and other	18		1,028		799		30			(49		)	1,826
Regulated natural gas	253		—		—		—			(1		)	252
Total operating revenues	5,365		1,082		799		31			(70		)	7,207

OPERATING EXPENSES
Fuel used in electric generation and purchased power - regulated	1,626		—		—		—			—			1,626
Fuel used in electric generation and purchased power - non-regulated	—		612		258		—			(26		)	844
Cost of natural gas and coal sold	87		21		36		—			—			144
Operation, maintenance and other	1,306		222		157		(31		)	(46		)	1,608
Depreciation and amortization	730		114		48		61			1			954
Property and other taxes	330		21		3		—			1			355
Impairment charges (a)	402		—		—		—			—			402
Total operating expenses	4,481		990		502		30			(70		)	5,933
GAINS ON SALES OF OTHER ASSETS AND OTHER, NET	7		1		—		(1		)	—			7
OPERATING INCOME	891		93		297		—			—			1,281

OTHER INCOME AND EXPENSES
Other income and expenses, net	124		25		90		(1		)	—			238
Interest Expense	289		41		37		89			—			456
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	726		77		350		(90		)	—			1,063
Income Tax Expense (Benefit)	253		18		95		(49		)	—			317
INCOME (LOSS) FROM CONTINUING OPERATIONS	473		59		255		(41		)	—			746
Less: Net Income attributable to non-controlling interest	—		—		8		—			—			8
SEGMENT INCOME/NET EXPENSE FROM CONTINUING OPERATIONS ATTRIBUTABLE TO DUKE ENERGY CORPORATION	473		59		247		(41		)	—			738
Income from Discontinued Operations, net of tax													1
NET INCOME ATTRIBUTABLE TO DUKE ENERGY CORPORATION													$	739

(a) Primarily due to a $400 million non-cash impairment charge on the Edwardsport IGCC project resulting from a settlement agreement in April 2012.

Consolidated Data

Duke Energy Corporation

CONSOLIDATING STATEMENT OF OPERATIONS

(Unaudited)

													Six Months Ended
	U.S. Franchised		Commercial		International					Eliminations/			June 30,
(In millions)	Electric and Gas		Power		Energy		Other			Adjustments			2011

OPERATING REVENUES
Regulated electric	$	4,884	$	284	$	—	$	1		$	(20	)	$	5,149
Non-regulated electric, natural gas, and other	19		955		754		19			(28		)	1,719
Regulated natural gas	329		—		—		—			—			329
Total operating revenues	5,232		1,239		754		20			(48		)	7,197

OPERATING EXPENSES
Fuel used in electric generation and purchased power - regulated	1,528		118				—			—			1,646
Fuel used in electric generation and purchased power - non-regulated	—		523		241		—			—			764
Cost of natural gas and coal sold	141		37		36		—			—			214
Operation, maintenance and other	1,447		287		152		1			(48		)	1,839
Depreciation and amortization	680		117		43		51			—			891
Property and other taxes	327		23		4		1			—			355
Impairment charges	—		9		—		—			—			9
Total operating expenses	4,123		1,114		476		53			(48		)	5,718
GAINS ON SALES OF OTHER ASSETS AND OTHER, NET	1		13		—		—			—			14
OPERATING INCOME (LOSS)	1,110		138		278		(33		)	—			1,493

OTHER INCOME AND EXPENSES
Other income and expenses, net	129		17		114		48			—			308
Interest Expense	274		46		27		75			—			422
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	965		109		365		(60		)	—			1,379
Income Tax Expense (Benefit)	327		23		103		(28		)	—			425
INCOME (LOSS) FROM CONTINUING OPERATIONS	638		86		262		(32		)	—			954
Less: Net Income (Loss) attributable to non-controlling interest	—		7		7		(6		)	—			8
NET INCOME (LOSS) ATTRIBUTABLE TO DUKE ENERGY CORPORATION	638		79		255		(26		)	—			$	946

Duke Energy Corporation

CONSOLIDATING BALANCE SHEET - ASSETS

(Unaudited)

	U.S. Franchised			Commercial			International						Eliminations/			June 30,
(In millions)	Electric and Gas			Power			Energy			Other			Adjustments			2012

CURRENT ASSETS
Cash and cash equivalents	$	47		$	18		$	1,059		$	402		$	—		$	1,526
Short-term investments	—			—			234			—			—			234
Receivables, net	652			1,093			371			832			(2,338		)	610
Restricted receivables of variable interest entities, net	1,201			31			—			—			1			1,233
Inventory	1,499			151			98			13			1			1,762
Other	536			263			26			330			(33		)	1,122
Total current assets	3,935			1,556			1,788			1,577			(2,369		)	6,487

INVESTMENTS AND OTHER ASSETS
Investments in equity method unconsolidated affiliates	5			195			80			171			(1		)	450
Investments and advances (from) to subsidiaries	2			(3		)	(6		)	31,625			(31,618		)	—
Nuclear decommissioning trust funds	2,204			—			—			—			—			2,204
Goodwill	3,483			69			291			—			(1		)	3,842
Intangibles, net	60			270			26			1			—			357
Notes receivable	3			—			68			450			(449		)	72
Restricted other assets of variable interest entities	—			133			—			—			—			133
Other	1,108			31			128			571			56			1,894
Total investments and other assets	6,865			695			587			32,818			(32,013		)	8,952

PROPERTY, PLANT AND EQUIPMENT
Cost	51,769			5,267			3,331			1,091			—			61,458
Cost, variable interest entities	—			1,357			—			—			—			1,357
Accumulated depreciation and amortization	(16,912		)	(792		)	(909		)	(488		)	—			(19,101		)
Generation facilities to be retired, net	73			—			—			—			—			73
Net property, plant and equipment	34,930			5,832			2,422			603			—			43,787

REGULATORY ASSETS AND DEFERRED DEBITS
Regulatory Assets	3,130			66			—			450			—			3,646
Other	100			43			—			15			1			159
Total regulatory assets and deferred debits	3,230			109			—			465			1			3,805
TOTAL ASSETS	48,960			8,192			4,797			35,463			(34,381		)	63,031

Intercompany balances	(509		)	(924		)	(119		)	(32,870		)	34,422			—

REPORTABLE SEGMENT ASSETS	$	48,451		$	7,268		$	4,678		$	2,593		$	41		$	63,031

Duke Energy Corporation

CONSOLIDATING BALANCE SHEET - LIABILITIES AND EQUITY

(Unaudited)

	U.S. Franchised			Commercial			International						Eliminations/			June 30,
(In millions)	Electric and Gas			Power			Energy			Other			Adjustments			2012

CURRENT LIABILITIES
Accounts payable	$	995		$	303		$	35		$	1,289		$	(1,462	)	$	1,160
Notes payable and commercial paper	128			—			—			1,521			(856		)	793
Non-recourse notes payable of variable interest entities	269			—			—			—			—			269
Taxes accrued (prepaid)	198			(9		)	30			164			(24		)	359
Interest accrued	167			6			36			46			(1		)	254
Current maturities of long-term debt	884			691			39			254			2			1,870
Other	701			69			68			639			(43		)	1,434
Total current liabilities	3,342			1,060			208			3,913			(2,384		)	6,139

LONG-TERM DEBT	12,697			603			596			4,093			(450		)	17,539
NON-RECOURSE LONG-TERM DEBT OF VARIABLE INTEREST ENTITIES	300			615			—			—			—			915

DEFERRED CREDITS AND OTHER LIABILITIES
Deferred income taxes	6,799			1,144			166			(194		)	(1		)	7,914
Investment tax credits	379			—			—			—			—			379
Accrued pension and other post-retirement benefit costs	469			73			—			287			—			829
Asset retirement obligations	1,970			28			1			—			—			1,999
Regulatory Liabilities	2,960			—			—			21			—			2,981
Other	1,132			164			70			382			72			1,820
Total deferred credits and other liabilities	13,709			1,409			237			496			71			15,922

EQUITY
Common stock	392			379			13			1			(784		)	1
Additional paid-in capital	8,152			6,322			1,818			27,636			(22,788		)	21,140
Retained earnings (accumulated deficit)	10,388			(2,141		)	1,938			(270		)	(8,317		)	1,598
Accumulated other comprehensive (loss) income	(20		)	(78		)	(87		)	(408		)	273			(320		)
Total Duke Energy Corporation shareholders’ equity	18,912			4,482			3,682			26,959			(31,616		)	22,419
Noncontrolling interests	—			23			74			2			(2		)	97
Total equity	18,912			4,505			3,756			26,961			(31,618		)	22,516
TOTAL LIABILITIES AND EQUITY	48,960			8,192			4,797			35,463			(34,381		)	63,031

Intercompany balances	(509		)	(924		)	(119		)	(32,870		)	34,422			—

REPORTABLE SEGMENT LIABILITIES AND EQUITY	$	48,451		$	7,268		$	4,678		$	2,593		$	41		$	63,031

U.S. Franchised Electric and Gas

CONSOLIDATING SEGMENT INCOME

(Unaudited)

											Six Months Ended
	Duke Energy		Duke Energy		Duke Energy			Eliminations/			June 30,
(In millions)	Carolinas, LLC		Ohio, Inc.		Indiana, Inc.			Adjustments			2012

OPERATING REVENUES
Regulated electric	$	3,113	$	607	$	1,373		$	1		$	5,094
Non-regulated electric, natural gas, and other	4		—		—			14			18
Regulated natural gas	—		253		—			—			253
Total operating revenues	3,117		860		1,373			15			5,365

OPERATING EXPENSES
Fuel used in electric generation and purchased power - regulated	822		234		570			—			1,626
Cost of natural gas and coal sold	—		87		—			—			87
Operation, maintenance and other	782		218		304			2			1,306
Depreciation and amortization	454		83		192			1			730
Property and other taxes	179		114		38			(1		)	330
Impairment charges (a)	—		—		400			2			402
Total operating expenses	2,237		736		1,504			4			4,481
GAINS ON SALES OF OTHER ASSETS AND OTHER, NET	6		1		—			—			7
OPERATING INCOME (LOSS)	886		125		(131		)	11			891
OTHER INCOME AND EXPENSES
Other income and expenses, net (b)	83		5		43			(7		)	124
Interest Expense	189		29		70			1			289
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	780		101		(158		)	3			726
Income Tax expense (benefit)	284		37		(73		)	5			253
SEGMENT INCOME (LOSS) FROM CONTINUING OPERATIONS ATTRIBUTABLE TO DUKE ENERGY CORPORATION	496		64		(85		)	(2		)	473

(a) Primarily due to a $400 million non-cash impairment charge on the Edwardsport IGCC project resulting from a settlement agreement in April 2012.

(b) Primarily due to an equity component of allowance for funds used during construction of $74 million for Carolinas, $3 million for Ohio and $39 million for Indiana, respectively.

Consolidating Segment Income

U.S. Franchised Electric and Gas

CONSOLIDATING SEGMENT INCOME

(Unaudited)

										Six Months Ended
	Duke Energy		Duke Energy		Duke Energy		Eliminations/			June 30,
(In millions)	Carolinas, LLC		Ohio, Inc.		Indiana, Inc.		Adjustments			2011

OPERATING REVENUES
Regulated electric	$	3,155	$	450	$	1,279	$	—		$	4,884
Non-regulated electric, natural gas, and other	4		—		—		15			19
Regulated natural gas	—		329		—		—			329
Total operating revenues	3,159		779		1,279		15			5,232

OPERATING EXPENSES
Fuel used in electric generation and purchased power - regulated	980		70		478		—			1,528
Cost of natural gas and coal sold	—		141		—		—			141
Operation, maintenance and other	907		219		319		2			1,447
Depreciation and amortization	391		91		197		1			680
Property and other taxes	165		121		41		—			327
Total operating expenses	2,443		642		1,035		3			4,123
GAINS ON SALES OF OTHER ASSETS AND OTHER, NET	1		—		—		—			1
OPERATING INCOME	717		137		244		12			1,110

OTHER INCOME AND EXPENSES
Other income and expenses, net (a)	92		7		44		(14		)	129
Interest Expense	171		32		70		1			274
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	638		112		218		(3		)	965
Income Tax expense	224		35		71		(3		)	327
SEGMENT INCOME FROM CONTINUING OPERATIONS ATTRIBUTABLE TO DUKE ENERGY CORPORATION	414		77		147		—			638

(a) Primarily due to an equity component of allowance for funds used during construction of $82 million for Carolinas, $2 million for Ohio and $39 million for Indiana, respectively.

U.S. Franchised Electric and Gas

CONSOLIDATING BALANCE SHEET - ASSETS

(Unaudited)

	Duke Energy			Duke Energy			Duke Energy			Eliminations/			June 30,
(In millions)	Carolinas, LLC			Ohio, Inc.			Indiana, Inc.			Adjustments			2012

CURRENT ASSETS
Cash and cash equivalents	$	18		$	10		$	19		$	—		$	47
Receivables, net	351			503			1,605			(1,807		)	652
Restricted receivables of variable interest entities, net	680			—			—			521			1,201
Inventory	1,024			117			358			—			1,499
Other	327			103			106			—			536
Total current assets	2,400			733			2,088			(1,286		)	3,935

INVESTMENTS AND OTHER ASSETS
Investments in equity method unconsolidated affiliates	5			—			—			—			5
Investments and advances to (from) subsidiaries	—			—			3,642			(3,640		)	2
Nuclear decommissioning trust funds	2,204			—			—			—			2,204
Goodwill	—			921			—			2,562			3,483
Intangibles, net	12			4			44			—			60
Notes receivable	—			—			3			—			3
Other	954			40			107			7			1,108
Total investments and other assets	3,175			965			3,796			(1,071		)	6,865

PROPERTY, PLANT AND EQUIPMENT
Cost	33,505			6,360			11,880			24			51,769
Accumulated depreciation and amortization	(11,374		)	(1,964		)	(3,575		)	1			(16,912		)
Generation facilities to be retired, net	73			—			—			—			73
Net property, plant and equipment	22,204			4,396			8,305			25			34,930

REGULATORY ASSETS AND DEFERRED DEBITS
Regulatory Assets	1,891			458			781			—			3,130
Other	68			7			24			1			100
Total regulatory assets and deferred debits	1,959			465			805			1			3,230
TOTAL ASSETS	29,738			6,559			14,994			(2,331		)	48,960

Intercompany balances	—			—			(5,055		)	4,546			(509		)

REPORTABLE SEGMENT ASSETS	$	29,738		$	6,559		$	9,939		$	2,215		$	48,451

Segment Consolidating Balance Sheet

U.S. Franchised Electric and Gas

CONSOLIDATING BALANCE SHEET - LIABILITIES AND COMMON STOCKHOLDERS’ EQUITY

(Unaudited)

	Duke Energy			Duke Energy		Duke Energy			Eliminations/			June 30,
(In millions)	Carolinas, LLC			Ohio, Inc.		Indiana, Inc.			Adjustments			2012

CURRENT LIABILITIES
Accounts payable	$	441		$	162	$	183		$	209		$	995
Notes payable and commercial paper	—			—		113			15			128
Non-recourse notes payable of variable interest entities	—			—		—			269			269
Taxes accrued	108			46		50			(6		)	198
Interest accrued	95			17		55			—			167
Current maturities of long-term debt	427			452		5			—			884
Other	482			87		132			—			701
Total current liabilities	1,553			764		538			487			3,342

LONG-TERM DEBT	7,795			1,200		3,702			—			12,697
NON-RECOURSE LONG-TERM DEBT OF VARIABLE INTEREST ENTITIES	300			—		—			—			300

DEFERRED CREDITS AND OTHER LIABILITIES
Deferred income taxes	4,898			1,063		836			2			6,799
Investment tax credits	230			7		142			—			379
Accrued pension and other post-retirement benefit costs	232			82		154			1			469
Asset retirement obligations	1,904			22		44			—			1,970
Regulatory Liabilities	1,993			263		695			9			2,960
Other	900			99		133			—			1,132
Total deferred credits and other liabilities	10,157			1,536		2,004			12			13,709

Common stock	—			392		1			(1		)	392
Additional paid-in capital	1,426			2,169		2,732			1,825			8,152
Retained earnings	8,524			498		6,005			(4,639		)	10,388
Accumulated other comprehensive (loss) income	(17		)	—		12			(15		)	(20		)
Total common stockholders’ equity	9,933			3,059		8,750			(2,830		)	18,912
TOTAL LIABILITIES AND COMMON STOCKHOLDERS’ EQUITY	29,738			6,559		14,994			(2,331		)	48,960

Intercompany balances	—			—		(5,055		)	4,546			(509		)

REPORTABLE SEGMENT LIABILITIES AND COMMON STOCKHOLDERS’ EQUITY	$	29,738		$	6,559	$	9,939		$	2,215		$	48,451

Franchised Electric - Carolinas

OPERATING STATISTICS

(Unaudited)

	Six Months Ended June 30,
	2012	2011

ELECTRIC ENERGY SALES (GWH)
Residential	12,561	14,199
General service	13,146	13,248
Industrial	10,270	10,117
Other energy and wholesale	2,617	3,215
Total GWh sales billed	38,594	40,779
Unbilled GWh sales	441	15
TOTAL GWH SALES	39,035	40,794

AVERAGE NUMBER OF CUSTOMERS (IN THOUSANDS)
Residential	2,050	2,039
General service	336	334
Industrial	7	7
Other energy and wholesale	14	14
TOTAL AVERAGE NUMBER OF CUSTOMERS	2,407	2,394

Operating Statistics

Franchised Electric - DE Midwest Electric & Gas

OPERATING STATISTICS

(Unaudited)

	Six Months Ended June 30,
	2012	2011

ELECTRIC ENERGY SALES (GWH)
Residential	8,349	9,207
General service	8,492	8,739
Industrial	8,012	7,848
Other energy and wholesale	3,247	3,250
Total GWh sales billed	28,100	29,044
Unbilled GWh sales	457	(355	)
TOTAL GWH SALES	28,557	28,689

AVERAGE NUMBER OF ELECTRIC AND GAS CUSTOMERS (IN THOUSANDS)
Residential	1,888	1,879
General service	230	230
Industrial	7	7
Other energy and wholesale	5	4
TOTAL AVERAGE NUMBER OF ELECTRIC AND GAS CUSTOMERS	2,130	2,120

AVERAGE NUMBER OF ELECTRIC CUSTOMERS (IN THOUSANDS)
Residential	1,418	1,411
General service	186	185
Industrial	5	5
Other energy and wholesale	5	4
TOTAL AVERAGE NUMBER OF ELECTRIC CUSTOMERS	1,614	1,605

AVERAGE NUMBER OF GAS CUSTOMERS (IN THOUSANDS)
Residential	470	468
General service	44	45
Industrial	2	2
TOTAL AVERAGE NUMBER OF GAS CUSTOMERS	516	515

Duke Energy Ohio Supplement

CONSOLIDATED STATEMENTS OF OPERATIONS

Six Months Ended June 30, 2012

(Unaudited)

	Franchised Electric and Gas
	Ohio
	Transmission &		Duke Energy		Commercial
(In millions)	Distribution		Kentucky, Inc.		Power		Other			Consolidated

OPERATING REVENUES
Regulated electric	$	445	$	162	$	53	$	—		$	660
Non-regulated electric and other	—		—		743		(27		)	716
Regulated natural gas	202		51		—		—			253
Total operating revenues	647		213		796		(27		)	1,629

OPERATING EXPENSES
Fuel used in electric generation and purchased power - regulated	172		62		—		—			234
Fuel used in electric generation and purchased power - non-regulated	—		—		442		(27		)	415
Cost of natural gas and coal sold	65		22		—		—			87
Operation, maintenance and other	156		62		146		7			371
Depreciation and amortization	61		22		80		—			163
Property and other taxes	108		6		14		—			128
Total operating expenses	562		174		682		(20		)	1,398
GAINS ON SALES OF OTHER ASSETS AND OTHER, NET	1		—		1		—			2
OPERATING INCOME (LOSS)	86		39		115		(7		)	233

OTHER INCOME AND EXPENSES, NET	4		1		3		—			8
INTEREST EXPENSE	20		9		19		1			49
INCOME (LOSS) BEFORE INCOME TAXES	70		31		99		(8		)	192
INCOME TAX EXPENSE (BENEFIT)	26		11		38		(2		)	73
NET INCOME (LOSS)	$	44	$	20	$	61	$	(6	)	$	119

Duke Energy Ohio Supplement

CONSOLIDATED STATEMENTS OF OPERATIONS

Six Months Ended June 30, 2011

(Unaudited)

	Franchised Electric and Gas
	Ohio
	Transmission &		Duke Energy		Commercial
(In millions)	Distribution		Kentucky, Inc.		Power		Other			Consolidated

OPERATING REVENUES
Regulated electric	$	281	$	169	$	285	$	(2	)	$	733
Non-regulated electric and other	—		—		510		—			510
Regulated natural gas	257		72		—		1			330
Total operating revenues	538		241		795		(1		)	1,573

OPERATING EXPENSES
Fuel used in electric generation and purchased power - regulated	—		70		118		—			188
Fuel used in electric generation and purchased power - non-regulated	—		—		311		—			311
Cost of natural gas and coal sold	104		37		—		—			141
Operation, maintenance and other	157		62		194		7			420
Depreciation and amortization	67		24		85		—			176
Property and other taxes	115		6		15		—			136
Goodwill and other impairment charges	—		—		9		—			9
Total operating expenses	443		199		732		7			1,381
GAINS ON SALES OF OTHER ASSETS AND OTHER, NET	—		—		2		—			2
OPERATING INCOME (LOSS)	95		42		65		(8		)	194

OTHER INCOME AND EXPENSES, NET	5		2		2		—			9
INTEREST EXPENSE	23		9		19		—			51
INCOME (LOSS) BEFORE INCOME TAXES	77		35		48		(8		)	152
INCOME TAX EXPENSE (BENEFIT)	22		13		14		(3		)	46
NET INCOME (LOSS)	$	55	$	22	$	34	$	(5	)	$	106

Commercial Power

OPERATING STATISTICS

(Unaudited)

	Six Months Ended June 30,
	2012	2011
	(GWh)
GENERATION
Coal	7,367	8,407
Gas	9,096	5,221
Renewables	1,784	1,741
Actual plant generation	18,247	15,369

Net proportional megawatt capacity in operation	7,757	8,273

Operating Statistics

International Energy

OPERATING STATISTICS

(Unaudited)

	Six Months Ended June 30,
	2012	2011

Sales, GWh	9,956	9,303
Net proportional megawatt capacity in operation	4,225	4,190

Duke Energy Corporation

Reconciliation of “As Reported” Results to “As Recasted”

Six Months Ended June 30, 2011

(Unaudited)

	USFE&G			Commercial Power			International Energy			Total Segments			Other			Duke Energy

Reported EBIT (Prior Segment Measure)	$	1,331		$	150		$	359		$	1,840		$	(102	)	$	1,738
Special Items:
Economic hedges	—			4			—			4			—			4
Costs to achieve	—			—			—			—			16			16
Adjusted EBIT (Corporate Measure)	1,331			154			359			1,844			(86		)	1,758

Segment allocation changes
Corporate governance costs	(95		)	(12		)	(4		)	(111		)	111			—

Line item mapping changes:
Other income and expense below EBIT	8			17			37			62			3			65
Interest expense	(274		)	(46		)	(27		)	(347		)	(75		)	(422		)
Income taxes	(332		)	(24		)	(103		)	(459		)	28			(431		)
Noncontrolling interest	—			(7		)	(7		)	(14		)	6			(8		)
Adjusted Segment Income (Corporate Measure)	638			82			255			975			(13		)	962

Special Items, net of tax:
Economic hedges, net of tax	—			(3		)	—			(3		)	—			(3		)
Costs to achieve, net of tax	—			—			—			—			(13		)	(13		)
Reported Segment Income (New Segment Measure)	$	638		$	79		$	255		$	972		$	(26	)	$	946

Purpose: This supplemental schedule reconciles the Q2 2011 segment results from the previous segment measure (EBIT) to the new segment measure (Segment Income).

Reconciliation of "As Reported" Results to "As Recasted"

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