Schedule II - Valuation and Qualifying Accounts (Tables)

12 Months Ended

Dec. 31, 2011

Schedule Of Valuation And Qualifying Accounts [Abstract]

Schedule of valuation and qualifying accounts

PROGRESS ENERGY, INC.
Schedule II - Valuation and Qualifying Accounts
For the Years Ended December 31
(in millions)
Description			Balance at Beginning of Period		Additions Charged to Expenses		Charged to Other Accounts		Deductions(a)		Balance at End of Period
Valuation and qualifying accounts deducted on the balance sheet from the related assets:
2011
	Uncollectible accounts		$	35	$	10	$	1	$	(19)(b)	$	27
	Inventory valuation(c)			17		2		-		(2)		17
	Fossil fuel plants dismantlement
		reserve		144		4		-		-		148
	Nuclear refueling outage reserve			15		5		-		-		20
	Deferred tax asset valuation
		allowance		60		11		-		-		71
2010
	Uncollectible accounts		$	18	$	18	$	24(b)	$	(25)	$	35
	Inventory valuation(c)			14		3		-		-		17
	Fossil fuel plants dismantlement
		reserve		143		4		-		(3)		144
	Nuclear refueling outage reserve			5		13		-		(3)		15
	Deferred tax asset valuation
		allowance		55		5		-		-		60
2009
	Uncollectible accounts		$	18	$	32	$	-	$	(32)	$	18
	Inventory valuation(c)			-		14		-		-		14
	Fossil fuel plants dismantlement
		reserve		145		1		-		(3)		143
	Nuclear refueling outage reserve			14		18		-		(27)		5
	Deferred tax asset valuation
		allowance		55		-		-		-		55
(a)		Deductions from valuation accounts represent write-offs, net of recoveries, or the release of valuation allowances.
(b)		Includes $6 million deduction in 2011 and $18 million charge in 2010 related to other noncustomer receivables.
(c)		Relates to the impact of PEC's decision to retire 11 coal-fired units prior to the end of their estimated useful lives.