Benefit Plans (Tables)

9 Months Ended

Sep. 30, 2011

Benefit Plans Tables [Abstract]

Schedule of Net Benefit Costs [Tables]

The components of the net periodic benefit cost for the respective Progress Registrants for the three months ended September 30 were:

PROGRESS ENERGY
		Pension Benefits				OPEB
(in millions)			2011		2010		2011		2010
Service cost		$	13	$	12	$	3	$	3
Interest cost			35		35		10		13
Expected return on plan assets			(45)		(40)		0		(1)
Amortization of actuarial loss(a)			16		13		3		6
Other amortization, net (a)			2		2		1		1
	Net periodic cost	$	21	$	22	$	17	$	22
(a)	Adjusted to reflect PEF’s rate treatment. See Note 16B in the 2010 Form 10-K.

The components of the net periodic benefit cost for the respective Progress Registrants for the nine months ended September 30 were:

PROGRESS ENERGY
			Pension Benefits				OPEB
(in millions)			2011		2010		2011		2010
Service cost		$	40	$	36	$	8	$	7
Interest cost			105		105		30		29
Expected return on plan assets			(136)		(119)		(1)		(3)
Amortization of actuarial loss(a)			49		38		9		6
Other amortization, net (a)			5		5		4		4
	Net periodic cost	$	63	$	65	$	50	$	43
(a)	Adjusted to reflect PEF’s rate treatment. See Note 16B in the 2010 Form 10-K.