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Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Operating Revenues        
Regulated electric $ 2,775 $ 2,743 $ 7,135 $ 7,161
Non-regulated electric and other 13 10 43 35
Total operating revenues 2,788 2,753 7,178 7,196
Operating expenses        
Fuel used in electric generation and purchased power 1,396 1,234 3,299 3,186
Operation, maintenance and other 626 494 1,798 1,500
Depreciation and amortization 174 175 571 508
Property and other taxes 160 164 440 437
Impairment charges 55 0 55 0
Total operating expenses 2,411 2,067 6,163 5,631
Gains on sales of other assets and other, net 2 1 4 2
Operating income 379 687 1,019 1,567
Other income and expenses, net 32 (44) 97 21
Interest expense, net 182 172 560 542
Income from continuing operations before income taxes 229 471 556 1,046
Income tax expense from continuing operations 75 178 193 386
Income from continuing operations 154 293 363 660
Income (loss) from discontinued operations, net of tax 3 0 10 (4)
Net income 157 293 373 656
Less: net income attributable to noncontrolling interests 2 2 5 5
Net income attributable to Duke Energy Corporation 155 291 368 651
Net income amounts attributable to Duke Energy Corporation        
Income from continuing operations, net of tax 152 291 358 655
Discontinued operations, net of tax 3 0 10 (4)
Net income attributable to Duke Energy Corporation 155 291 368 651
Comprehensive income, net of tax        
Comprehensive income 255 228 472 574
Comprehensive income attributable to noncontrolling interests, net of tax (2) (2) (5) (5)
Comprehensive income attributable to Duke Energy Corporation 253 226 467 569
PEC [Member]
       
Operating Revenues        
Regulated electric 1,394 1,330 3,561 3,524
Non-regulated electric and other 4 1 17 10
Total operating revenues 1,398 1,331 3,578 3,534
Operating expenses        
Fuel used in electric generation and purchased power 597 544 1,450 1,382
Operation, maintenance and other 384 273 1,146 863
Depreciation and amortization 131 132 399 383
Property and other taxes 60 58 168 164
Impairment charges 55 0 55 0
Total operating expenses 1,227 1,007 3,218 2,792
Gains on sales of other assets and other, net 1 0 2 1
Operating income 172 324 362 743
Other income and expenses, net 21 16 57 55
Interest expense, net 52 41 156 134
Income from continuing operations before income taxes 141 299 263 664
Income tax expense from continuing operations 45 100 83 227
Net income 96 199 180 437
Less: preferred stock dividend requirement 1 1 2 2
Net income available to parent 95 198 178 435
Comprehensive income, net of tax        
Comprehensive income attributable to Duke Energy Corporation 168 165 251 400
PEF [Member]
       
Operating Revenues        
Regulated electric 1,382 1,414 3,576 3,639
Non-regulated electric and other 6 5 18 16
Total operating revenues 1,388 1,419 3,594 3,655
Operating expenses        
Fuel used in electric generation and purchased power 799 690 1,849 1,804
Operation, maintenance and other 245 222 660 652
Depreciation and amortization 39 39 158 112
Property and other taxes 99 106 271 274
Total operating expenses 1,182 1,057 2,938 2,842
Gains on sales of other assets and other, net 1 1 2 2
Operating income 207 363 658 815
Other income and expenses, net 11 5 29 24
Interest expense, net 62 46 194 176
Income from continuing operations before income taxes 156 322 493 663
Income tax expense from continuing operations 56 119 182 245
Net income 100 203 311 418
Less: preferred stock dividend requirement 0 0 1 1
Net income available to parent 100 203 310 417
Comprehensive income, net of tax        
Comprehensive income attributable to Duke Energy Corporation $ 126 $ 186 $ 337 $ 396