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FINANCIAL HIGHLIGHTS |
|
Years Ended December 31
|
|
|
|
In millions, except where noted |
2002 |
|
|
2001 |
|
|
2000 |
|
|
|
|
Operating revenuesa |
$ |
15,663 |
|
|
$ |
18,197 |
|
|
$ |
15,342 |
|
|
|
Earnings before interest and taxes |
|
2,869 |
|
|
|
4,256 |
|
|
|
4,014 |
|
|
|
Income before cumulative effect of change in
accounting principle |
|
1,034 |
|
|
|
1,994 |
|
|
|
1,776 |
|
|
|
Net income |
|
1,034 |
|
|
|
1,898 |
|
|
|
1,776 |
|
|
|
Earnings available for common stockholders |
|
1,021 |
|
|
|
1,884 |
|
|
|
1,757 |
|
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COMMON STOCK DATAb |
|
|
|
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|
|
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|
|
|
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Weighted-average shares outstanding |
|
836 |
|
|
|
767 |
|
|
|
736 |
|
|
|
Basic earnings per share (before cumulative effect
of change in accounting principle) |
$ |
1.22 |
|
|
$ |
2.58 |
|
|
$ |
2.39 |
|
|
|
Basic earnings per share |
|
1.22 |
|
|
|
2.45 |
|
|
|
2.39 |
|
|
|
Dividends per share |
|
1.10 |
|
|
|
1.10 |
|
|
|
1.10 |
|
|
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CAPITALIZATION |
|
|
|
|
|
|
|
|
|
|
|
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Common equity |
|
36% |
|
|
|
41% |
|
|
|
37% |
|
|
|
Minority interests |
|
5% |
|
|
|
7% |
|
|
|
9% |
|
|
|
Preferred stock |
|
1% |
|
|
|
1% |
|
|
|
1% |
|
|
|
Trust preferred securities |
|
3% |
|
|
|
5% |
|
|
|
5% |
|
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Total debt |
|
55% |
|
|
|
46% |
|
|
|
48% |
|
|
|
SEC fixed charges coverage |
|
2.1 |
|
|
|
3.8 |
|
|
|
3.6 |
|
|
|
Total assets |
$ |
60,966 |
|
|
$ |
48,531 |
|
|
$ |
58,232 |
|
|
|
Total debt |
|
22,465 |
|
|
|
14,185 |
|
|
|
12,980 |
|
|
|
Cash flows from operating activities |
|
4,530 |
|
|
|
4,357 |
|
|
|
2,011 |
|
|
|
Cash flows used in investing activities |
|
(6,809 |
) |
|
|
(6,043 |
) |
|
|
(4,716 |
) |
|
|
Cash flows from financing activities |
|
2,846 |
|
|
|
1,354 |
|
|
|
2,714 |
|
|
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OPERATING DATAc |
|
|
|
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|
|
|
|
|
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Sales, GWhd |
|
105,226 |
|
|
|
98,581 |
|
|
|
101,715 |
|
|
|
Natural Gas Transmission's proportional
throughput, TBtue |
|
3,160 |
|
|
|
1,781 |
|
|
|
1,771 |
|
|
|
Natural gas marketed, TBtu/df |
|
23.5 |
|
|
|
16.6 |
|
|
|
13.6 |
|
|
|
Electricity marketed and traded, GWhg |
|
641,836 |
|
|
|
347,236 |
|
|
|
279,466 |
|
|
|
Field Services’ natural gas gathered and
processed/transported, TBtu/d |
|
8.3 |
|
|
|
8.6 |
|
|
|
7.6 |
|
|
|
Field Services’ natural gas liquids production, MBbl/d |
|
391.9 |
|
|
|
397.2 |
|
|
|
358.5 |
|
|
|
|
|
|
|
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| a |
Revenues have been updated to show the impact of gross versus net presentation of revenues under the Financial Accounting Standards Board’s EITF Issue No. 02-03. (For more information, see “New Accounting Standards” in Note 1 to the Consolidated Financial Statements, in Item 8 of SEC Form 10-K.)
|
| b |
Year 2000 amounts are restated to reflect the two-for-one common stock split effective January 26, 2001.
|
| c |
Units of measure used are gigawatt-hours (GWh), trillion British thermal units (TBtu), trillion British thermal units per day (TBtu/d) and thousand barrels per day (MBbl/d).
|
| d |
Includes Franchised Electric's and International Energy’s statistics.
|
| e |
For 2002, includes volumes of Westcoast Energy Inc., acquired March 14, 2002.
|
| f |
Includes Duke Energy North America’s, International Energy’s and Field Services’ volumes.
|
| g |
Includes Duke Energy North America’s and International Energy’s volumes. |
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|
