Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Defined Benefit Plan Disclosure [Line Items]

Plan contributions

(in millions)		Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Anticipated Contributions:
	2013	$	350	$	-	$	320	$	94	$	121	$	18	$	-
Contributions Made:
	2012	$	304	$	-	$	346	$	141	$	128	$	-	$	-
	2011		200		33		334		217		112		48		52
	2010		400		158		129		95		34		45		46

Employee Savings Plan contributions

(in millions)		Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
For the years ended December 31,
	2012	$	107	$	37	$	45	$	24	$	15	$	4	$	6
	2011		86		37		44		23		14		4		8
	2010		85		36		43		23		14		4		6

Qualified Pension Plans [Member]

Defined Benefit Plan Disclosure [Line Items]

Components Of net periodic pension costs

Qualified Pension Plans
Components of Net Periodic Pension Costs: Qualified Pension Plans
	Year Ended December 31, 2012
(in millions)	Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Service cost	$	122	$	35	$	63	$	25	$	30	$	6	$	9
Interest cost on project benefit obligation		307		90		127		58		56		31		30
Expected return on plan assets		(472)		(146)		(188)		(96)		(81)		(45)		(46)
Amortization of prior service cost (credit)		10		1		9		8		(1)		1		1
Amortization of actuarial loss		144		45		93		37		48		10		15
Other		6		2		2		1		1		-		-
Net periodic pension costs(a)(b)	$	117	$	27	$	106	$	33	$	53	$	3	$	9

	Year Ended December 31, 2011
(in millions)	Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Service cost	$	96	$	37	$	51	$	20	$	24	$	7	$	11
Interest cost on project benefit obligation		232		85		132		61		57		32		30
Expected return on plan assets		(384)		(150)		(182)		(91)		(78)		(44)		(45)
Amortization of prior service cost		6		1		7		6		-		1		2
Amortization of actuarial loss		77		37		66		25		33		7		14
Other		18		7		-		-		-		2		2
Net periodic pension costs(a)(b)	$	45	$	17	$	74	$	21	$	36	$	5	$	14

	Year Ended December 31, 2010
(in millions)	Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Service cost	$	96	$	36	$	46	$	18	$	22	$	7	$	11
Interest cost on project benefit obligation		248		91		131		62		56		33		32
Expected return on plan assets		(378)		(147)		(157)		(77)		(68)		(44)		(45)
Amortization of prior service cost		5		1		7		6		-		1		2
Amortization of actuarial loss		50		27		49		16		31		4		12
Settlement and contractual termination benefit cost		13		-		-		-		-		-		-
Other		18		8		-		-		-		2		2
Net periodic pension costs(a)(b)	$	52	$	16	$	76	$	25	$	41	$	3	$	14

AOCI and regulatory assets

		Year Ended December 31, 2012
(in millions)		Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Regulatory assets, net increase (decrease)		$	976	$	(111)	$	(76)	$	(89)	$	23	$	22	$	17
Accumulated other comprehensive (income) loss
	Deferred income tax asset	$	14	$	-	$	-	$	-	$	-	$	15	$	-
	Reclassification of actuarial losses to an affiliate		-		-		-		-		-		(48)		-
	Actuarial (gains) losses arising during the year		(2)		-		3		-		-		-		-
	Prior year service credit arising during the year		(7)		-		-		-		-		-		-
	Amortization of prior year actuarial losses		(13)		-		(2)		-		-		(3)		-
	Reclassification of actuarial losses to regulatory assets		(20)		-		-		-		-		(1)		-
	Amortization of prior year prior service cost		(1)		-		(1)		-		-		(1)		-
Net amount recognized in accumulated other comprehensive (income) loss		$	(29)	$	-	$	-	$	-	$	-	$	(38)	$	-

		Year Ended December 31, 2011
(in millions)		Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Regulatory assets, net increase (decrease)		$	152	$	65	$	298	$	98	$	114	$	11	$	5
Accumulated other comprehensive (income) loss
	Deferred income tax (asset) liability	$	(10)	$	-	$	24	$	-	$	-	$	1	$	-
	Actuarial losses arising during the year		60		-		13		-		-		10		-
	Amortization of prior year actuarial losses		(8)				(8)		-		-		(3)
	Reclassification of actuarial gains (losses) to regulatory assets		8		-		(66)		-		-		-		-
	Amortization of prior year service cost		(1)		-		(1)		-		-		-		-
Net amount recognized in accumulated other comprehensive (income) loss		$	49	$	-	$	(38)	$	-	$	-	$	8	$	-

Recon of funded status

	Year Ended December 31, 2012
(in millions)	Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Change in Projected Benefit Obligation
Obligation at prior measurement date	$	4,880	$	1,831	$	2,729	$	1,263	$	1,179	$	627	$	613
Obligation assumed from acquisition		2,850		-		-		-		-		-		-
Service cost		122		35		63		25		30		6		9
Interest cost		307		90		127		58		56		31		30
Actuarial losses		489		73		166		34		120		68		76
Transfers		-		176		-		-		-		(167)		-
Plan amendments		(170)		(52)		(64)		(43)		(10)		-		(1)
Benefits paid		(448)		(125)		(153)		(73)		(66)		(38)		(43)
Obligation at measurement date	$	8,030	$	2,028	$	2,868	$	1,264	$	1,309	$	527	$	684
Accumulated Benefit Obligation at December 31	$	7,843	$	2,028	$	2,820	$	1,264	$	1,261	$	501	$	653
Change in Fair Value of Plan Assets
Plan assets at prior measurement date	$	4,741	$	1,820	$	2,191	$	1,091	$	969	$	565	$	582
Assets received from acquisition		2,285		-		-		-		-		-		-
Actual return on plan assets		872		280		263		130		119		86		88
Benefits paid		(448)		(125)		(153)		(73)		(66)		(38)		(43)
Transfers		-		176		-		-		-		(167)		-
Employer contributions		304		-		346		141		128		-		-
Plan assets at measurement date	$	7,754	$	2,151	$	2,647	$	1,289	$	1,150	$	446	$	627

	Year Ended December 31, 2011
(in millions)	Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Change in Projected Benefit Obligation
Obligation at prior measurement date	$	4,861	$	1,786	$	2,450	$	1,155	$	1,043	$	651	$	628
Service cost		96		37		51		20		24		7		11
Interest cost		232		85		132		61		57		32		30
Actuarial (gains) losses		(7)		20		221		81		110		(9)		(11)
Transfers		-		(5)		-		-		-		(17)		1
Plan amendments		18		13		-		-		-		-		(1)
Settlement and contractual termination benefit cost		-		-		(6)		-		-		-		-
Benefits paid		(320)		(105)		(119)		(54)		(55)		(37)		(45)
Obligation at measurement date	$	4,880	$	1,831	$	2,729	$	1,263	$	1,179	$	627	$	613
Accumulated Benefit Obligation at December 31	$	4,661	$	1,787	$	2,692	$	1,263	$	1,142	$	602	$	582
Change in Fair Value of Plan Assets
Plan assets at prior measurement date	$	4,797	$	1,837	$	1,891	$	884	$	871	$	565	$	565
Actual return on plan assets		64		60		91		44		41		6		9
Benefits paid		(320)		(105)		(125)		(54)		(55)		(37)		(45)
Transfers		-		(5)		-		-		-		(17)		1
Employer contributions		200		33		334		217		112		48		52
Plan assets at measurement date	$	4,741	$	1,820	$	2,191	$	1,091	$	969	$	565	$	582

Amounts recognized on balance sheet

		December 31, 2012
(in millions)		Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Prefunded pension(a)		$	163	$	123	$	-	$	25	$	-	$	-	$	-
Accrued pension liability			(439)		-		(221)		-		(159)		(81)		(57)
Net amount recognized		$	(276)	$	123	$	(221)	$	25	$	(159)	$	(81)	$	(57)
Regulatory assets		$	2,387	$	582	$	1,079	$	472	$	541	$	144	$	246
Accumulated other comprehensive (income) loss
	Deferred income tax asset	$	(59)	$	-	$	(9)	$	-	$	-	$	-	$	-
	Prior service credit		(4)		-		-		-		-		-		-
	Net actuarial loss		166		-		26		-		-		-		-
Net amounts recognized in accumulated other comprehensive (income) loss(b)		$	103	$	-	$	17	$	-	$	-	$	-	$	-
Amounts to be recognized in net periodic pension expense in the next year
	Unrecognized net actuarial loss	$	216	$	46	$	101	$	46	$	49	$	12	$	23
	Unrecognized prior service (credit) cost		(12)		(6)		(4)		(1)		(2)		1		1

		December 31, 2011
(in millions)		Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Accrued pension liability		$	(139)	$	(11)	$	(538)	$	(173)	$	(210)	$	(62)	$	(31)
Net amount recognized		$	(139)	$	(11)	$	(538)	$	(173)	$	(210)	$	(62)	$	(31)
Regulatory assets		$	1,411	$	693	$	1,155	$	561	$	518	$	122	$	229
Accumulated other comprehensive (income) loss
	Deferred income tax asset	$	(73)	$	-	$	(9)	$	-	$	-	$	(15)	$	-
	Prior service cost		4		-		1		-		-		1		-
	Net actuarial loss		201		-		25		-		-		52		-
Net amounts recognized in accumulated other comprehensive (income) loss(b)		$	132	$	-	$	17	$	-	$	-	$	38	$	-

ABO in excess of plan assets

	December 31, 2012
(in millions)	Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Projected benefit obligation	$	5,396	$	-	$	2,868	$	-	$	1,309	$	527	$	684
Accumulated benefit obligation		5,201		-		2,820		-		1,261		501		653
Fair value of plan assets		4,957		-		2,647		-		1,150		446		627

	December 31, 2011
(in millions)	Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Projected benefit obligation	$	-	$	-	$	2,729	$	1,263	$	1,179	$	-	$	-
Accumulated benefit obligation		-		-		2,692		1,263		1,142		-		-
Fair value of plan assets		-		-		2,191		1,091		969		-		-

Assumptions

Assumptions Used for Pension Benefits Accounting
Duke Energy(a)
		December 31,
		2012		2011		2010
Benefit Obligations
Discount rate		4.10	%	5.10	%	5.00	%
Salary increase (graded by age)		4.30	%	4.40	%	4.10	%
Net Periodic Benefit Cost
Discount rate		4.60-5.10	%	5.00	%	5.50	%
Salary increase		4.40	%	4.10	%	4.50	%
Expected long-term rate of return on plan assets		8.00	%	8.25	%	8.50	%
(a)	For Progress Energy plans, the assumptions used in 2012 to determine expense reflect remeasurement as of July 1, 2012 due to the merger between Duke Energy and Progress Energy.

Payments

Expected Benefit Payments: Qualified Pension Plans
(in millions)		Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Years ending December 31,
	2013	$	816	$	250	$	217	$	122	$	71	$	36	$	48
	2014		653		214		194		105		68		35		47
	2015		639		210		193		101		71		35		46
	2016		636		207		196		100		74		35		46
	2017		627		199		197		98		78		35		45
	2018 - 2022		2,997		868		978		442		431		186		231

Qualified Pension Plans [Member] | Progress Energy [Member]

Defined Benefit Plan Disclosure [Line Items]

Assumptions

Progress Energy(a)(b)
		December 31,
		2012		2011		2010
Benefit Obligations
Discount rate		4.10	%	4.75	%	5.55	%
Salary increase (Bargaining plan)		4.00	%	4.00	%	4.50	%
Net Periodic Benefit Cost
Discount rate		4.60-4.75	%	5.55	%	6.00	%
Salary increase (Bargaining plan)		4.00	%	4.50	%	4.50	%
Expected long-term rate of return on plan assets		8.00-8.25	%	8.50	%	8.75	%
(a)	The assumptions used in 2012 to determine expense reflect remeasurement as of July 1, 2012 due to the merger between Duke Energy and Progress Energy.
(b)	The weighted-average actuarial assumptions used by Progress Energy Carolinas and Progress Energy Florida were not materially different from the assumptions above, as applicable.
	The discount rate used to determine the current year pension obligation and following year’s pension expense is based on a bond
selection-settlement portfolio approach. This approach develops a discount rate by selecting a portfolio of high quality corporate bonds that generate sufficient cash flow to provide for the projected benefit payments of the plan. The selected bond portfolio is derived from a universe of non-callable corporate bonds rated Aa quality or higher. After the bond portfolio is selected, a single interest rate is determined that equates the present value of the plan’s projected benefit payments discounted at this rate with the market value of the bonds selected.

Non-Qualified Pension Plans [Member]

Defined Benefit Plan Disclosure [Line Items]

Components Of net periodic pension costs

	Year Ended December 31, 2012
(in millions)	Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Service cost	$	2	$	-	$	2	$	1	$	-	$	-	$	-
Interest cost on project benefit obligation		12		1		8		1		2		-		-
Amortization of actuarial loss		4		-		5		1		-		-		-
Amortization of prior service cost (credit)		1		-		(1)		-		-		-		-
Net periodic pension costs	$	19	$	1	$	14	$	3	$	2	$	-	$	-

	Year Ended December 31, 2011
(in millions)	Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Service cost	$	1	$	-	$	2	$	1	$	-	$	-	$	-
Interest cost on project benefit obligation		8		1		9		2		2		-		-
Amortization of actuarial loss		-		-		3		-		1		-		-
Amortization of prior service cost		2		-		-		-		-		-		-
Net periodic pension costs	$	11	$	1	$	14	$	3	$	3	$	-	$	-

	Year Ended December 31, 2010
(in millions)	Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Service cost	$	1	$	-	$	2	$	1	$	-	$	-	$	-
Interest cost on project benefit obligation		9		1		9		2		2		-		-
Amortization of actuarial loss		-		-		2		-		1		-		-
Amortization of prior service cost		2		1		-		-		-		-		-
Net periodic pension costs	$	12	$	2	$	13	$	3	$	3	$	-	$	-

AOCI and regulatory assets

		Year Ended December 31, 2012
(in millions)		Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Regulatory assets, net (decrease) increase		$	34	$	-	$	(6)	$	(2)	$	1	$	-	$	-
Regulatory liabilities, net decrease		$	(8)	$	-	$	-	$	-	$	-	$	-	$	-
Accumulated other comprehensive (income) loss
	Deferred income tax asset	$	-	$	-	$	(1)	$	-	$	-	$	-	$	-
	Actuarial (gains) losses arising during the year		(2)		-		3		-		-		-		-
Net amount recognized in accumulated other comprehensive (income) loss		$	(2)	$	-	$	2	$	-	$	-	$	-	$	-

		Year Ended December 31, 2011
(in millions)		Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Regulatory assets, net increase (decrease)		$	2	$	-	$	28	$	5	$	-	$	-	$	(1)
Regulatory liabilities, net increase		$	7	$	-	$	-	$	-	$	-	$	-	$	-
Accumulated other comprehensive (income) loss
	Deferred income tax asset	$	(1)	$	-	$	5	$	-	$	-	$	-	$	-
	Actuarial losses (gains) arising during the year		1		-		7		-		-		-		-
	Amortization of prior year actuarial losses		-		-		(2)		-		-		-		-
	Reclassification of actuarial gains (losses) to regulatory assets		-		-		(18)		-		-		-		-
Net amount recognized in accumulated other comprehensive (income) loss		$	-	$	-	$	(8)	$	-	$	-	$	-	$	-

Recon of funded status

	Year Ended December 31, 2012
(in millions)	Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Change in Projected Benefit Obligation
Obligation at prior measurement date	$	160	$	18	$	177	$	39	$	44	$	4	$	5
Obligation assumed from acquisition		172		-		-		-		-		-		-
Service cost		2		-		2		1		-		-		-
Interest cost		12		1		8		1		2		-		-
Actuarial losses		18		-		11		3		3		-		-
Plan amendments		(5)		-		(12)		(4)		(2)		-		-
Transfers		-		1		-		-		-		-		-
Benefits paid		(24)		(4)		(10)		(2)		(2)		-		-
Obligation at measurement date	$	335	$	16	$	176	$	38	$	45	$	4	$	5
Accumulated Benefit Obligation at December 31	$	332	$	16	$	175	$	36	$	44	$	4	$	5
Change in Fair Value of Plan Assets
Plan assets at prior measurement date	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Benefits paid		(24)		(4)		(10)		(2)		(3)		-		-
Employer contributions		24		4		10		2		3		-		-
Plan assets at measurement date	$	0	$	0	$	0	$	0	$	0	$	0	$	0

	Year Ended December 31, 2011
(in millions)	Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Change in Projected Benefit Obligation
Obligation at prior measurement date	$	167	$	21	$	159	$	33	$	44	$	6	$	6
Service cost		1		-		2		1		-		-		-
Interest cost		8		1		9		2		2		-		-
Actuarial (gains) losses		(2)		-		17		5		1		(1)		(1)
Transfers		-		(1)		-		-		-		-		-
Benefits paid		(14)		(3)		(10)		(2)		(3)		(1)		-
Obligation at measurement date	$	160	$	18	$	177	$	39	$	44	$	4	$	5
Accumulated Benefit Obligation at December 31	$	151	$	17	$	162	$	33	$	42	$	4	$	5
Change in Fair Value of Plan Assets
Plan assets at prior measurement date	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Benefits paid		(14)		(3)		(10)		(2)		(3)		(1)		-
Employer contributions		14		3		10		2		3		1		-
Plan assets at measurement date	$	-	$	-	$	-	$	-	$	-	$	-	$	-

Amounts recognized on balance sheet

		December 31, 2012
(in millions)		Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Accrued pension liability(a)(b)(c)(d)(e)(f)(g)		$	(335)	$	(16)	$	(176)	$	(38)	$	(45)	$	(4)	$	(5)
Regulatory assets		$	59	$	3	$	34	$	7	$	9	$	-	$	2
Regulatory liabilities		$	2	$	-	$	-	$	-	$	-	$	-	$	-
Accumulated other comprehensive (income) loss
	Deferred income tax asset	$	-	$	-	$	(4)	$	-	$	-	$	-	$	-
	Net actuarial loss		(1)		-		12		-		-		-		-
Net amounts recognized in accumulated other comprehensive (income) loss		$	(1)	$	-	$	8	$	-	$	-	$	-	$	-
Amounts to be recognized in net periodic pension expense in the next year
	Unrecognized net actuarial loss	$	5	$	-	$	4	$	1	$	1	$	-	$	-
	Unrecognized prior service cost		(1)		-		(1)		-		-		-		-

		December 31, 2011
(in millions)		Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Accrued pension liability(a)(b)(c)(d)(e)(f)(g)		$	(160)	$	(18)	$	(177)	$	(39)	$	(44)	$	(4)	$	(5)
Regulatory assets		$	25	$	3	$	40	$	9	$	8	$	-	$	2
Regulatory liabilities		$	10	$	-	$	-	$	-	$	-	$	-	$	-
Accumulated other comprehensive (income) loss
	Deferred income tax asset	$	-	$	-	$	(3)	$	-	$	-	$	-	$	-
	Net actuarial loss		1		-		9		-		-		-		-
Net amounts recognized in accumulated other comprehensive (income) loss		$	1	$	-	$	6	$	-	$	-	$	-	$	-

ABO in excess of plan assets

	December 31, 2012
(in millions)	Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Projected benefit obligation	$	335	$	16	$	176	$	38	$	45	$	4	$	5
Accumulated benefit obligation		332		16		175		36		44		4		5
Fair value of plan assets		-		-		-		-		-		-		-

	December 31, 2011
(in millions)	Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Projected benefit obligation	$	160	$	18	$	177	$	39	$	44	$	4	$	5
Accumulated benefit obligation		151		17		162		33		42		4		5
Fair value of plan assets		-		-		-		-		-		-		-

Assumptions

Assumptions Used for Pension Benefits Accounting
Duke Energy(a)
		December 31,
		2012		2011		2010
Benefit Obligations
Discount rate		4.10	%	5.10	%	5.00	%
Salary increase (graded by age)		4.30	%	4.40	%	4.10	%
Net Periodic Benefit Cost
Discount rate		4.60-5.10	%	5.00	%	5.50	%
Salary increase		4.40	%	4.10	%	4.50	%
(a)	For Progress Energy plans, the discount rate used in 2012 to determine expense reflect remeasurement as of July 1, 2012, due to the merger between Duke Energy and Progress Energy.

Payments

Expected Benefit Payments: Non-Qualified Pension Plans
(in millions)		Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Years ending December 31,
	2013	$	31	$	3	$	12	$	2	$	3	$	-	$	-
	2014		31		2		12		2		3		-		-
	2015		28		2		12		2		3		-		-
	2016		27		2		11		2		3		-		-
	2017		28		2		11		2		3		-		-
	2018 - 2022		120		6		56		11		15		2		2

Non-Qualified Pension Plans [Member] | Progress Energy [Member]

Defined Benefit Plan Disclosure [Line Items]

Assumptions

Progress Energy(a)(b)
		December 31,
		2012		2011		2010
Benefit Obligations
Discount rate		4.10	%	4.80	%	5.60	%
Salary increase		-	%	5.25	%	5.25	%
Net Periodic Benefit Cost
Discount rate		4.60-4.80	%	5.60	%	6.05	%
Salary increase		-	%	5.25	%	5.25	%
(a)	The discount rate used in 2012 to determine expense reflects remeasurement as of July 1, 2012, due to the merger between Duke Energy and Progress Energy.
(b)	The weighted-average actuarial assumptions used by Progress Energy Carolinas and Progress Energy Florida were not materially different from the assumptions above, as applicable.
	The discount rate used to determine the current year pension obligation and following year’s pension expense is based on a bond
selection-settlement portfolio approach. This approach develops a discount rate by selecting a portfolio of high quality corporate bonds that generate sufficient cash flow to provide for the projected benefit payments of the plan. The selected bond portfolio is derived from a universe of non-callable corporate bonds rated Aa quality or higher. After the bond portfolio is selected, a single interest rate is determined that equates the present value of the plan’s projected benefit payments discounted at this rate with the market value of the bonds selected.

Other Post-Retirement Benefit plans [Member]

Defined Benefit Plan Disclosure [Line Items]

Components Of net periodic pension costs

	Year Ended December 31, 2012
(in millions)	Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Service cost	$	16	$	2		17	$	8	$	7	$	1	$	1
Interest cost on accumulated post-retirement benefit obligation		56		15		43		23		18		3		6
Expected return on plan assets		(17)		(10)		(2)		-		(2)		(1)		(1)
Amortization of prior service credit		(8)		(5)		-		-		-		(1)		-
Amortization of net transition liability		10		7		4		-		3		-		-
Amortization of actuarial loss (gain)		14		3		35		20		12		(2)		-
Special termination charge		9		1		5		2		1		-		-
Net periodic pension costs(a)(b)	$	80	$	13	$	102	$	53	$	39	$	-	$	6

	Year Ended December 31, 2011
(in millions)	Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Service cost	$	7	$	2	$	11	$	5	$	5	$	1	$	1
Interest cost on accumulated post-retirement benefit obligation		35		16		41		20		18		3		7
Expected return on plan assets		(15)		(10)		(2)		-		(2)		(1)		(1)
Amortization of prior service credit		(8)		(5)		-		-		-		(1)		-
Amortization of net transition liability		10		9		5		1		4		-		-
Amortization of actuarial (gain) loss		(3)		2		12		5		7		(2)		2
Net periodic pension costs(a)(b)	$	26	$	14	$	67	$	31	$	32	$	-	$	9

	Year Ended December 31, 2010
(in millions)	Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Service cost	$	7	$	2	$	16	$	5	$	10	$	1	$	1
Interest cost on accumulated post-retirement benefit obligation		38		17		45		20		22		3		8
Expected return on plan assets		(15)		(10)		(4)		(2)		(2)		(1)		(1)
Amortization of prior service credit		(8)		(5)		-		-		-		(1)		-
Amortization of net transition liability		11		9		5		1		4		-		-
Amortization of actuarial (gain) loss		(5)		3		13		4		9		(2)		1
Net periodic pension costs(a)(b)	$	28	$	16	$	75	$	28	$	43	$	-	$	9

AOCI and regulatory assets

		Year Ended December 31, 2012
(in millions)		Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Regulatory assets, net increase (decrease)		$	484	$	(20)	$	228	$	170	$	28	$	-	$	(6)
Regulatory liabilities, net decrease		$	(6)	$	-	$	-	$	-	$	-	$	(1)	$	(2)
Accumulated other comprehensive (income) loss
	Deferred income tax liability	$	(2)	$	-	$	-	$	-	$	-	$	(4)	$	-
	Reclassification of actuarial losses to an affiliate		-		-		-		-		-		6		-
	Prior year service cost arising during the year		-		-		-		-		-		1		-
	Actuarial losses arising during the year		-		-		-		-		-		2		-
	Reclassification of actuarial gains to regulatory liabilities		4		-		-		-		-		-		-
	Amortization of prior year actuarial loss		-		-		-		-		-		1		-
Net amount recognized in accumulated other comprehensive (income) loss		$	2	$	-	$	-	$	-	$	-	$	6	$	-

		Year Ended December 31, 2011
(in millions)		Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Regulatory assets, net (decrease) increase		$	(22)	$	(12)	$	74	$	43	$	28	$	-	$	(7)
Regulatory liabilities, net increase (decrease)		$	21	$	-	$	-	$	-	$	-	$	(1)	$	12
Accumulated other comprehensive (income) loss
	Deferred income tax liability	$	1	$	-	$	(2)	$	-	$	-	$	(1)	$	-
	Actuarial losses (gains) arising during the year		-		-		2		-		-		2		-
	Amortization of prior year actuarial losses		1		-		-		-		-		1		-
	Reclassification of actuarial losses to regulatory assets		-		-		4		-		-		-		-
Net amount recognized in accumulated other comprehensive (income) loss		$	2	$	-	$	4	$	-	$	-	$	2	$	-

Recon of funded status

	Year Ended December 31, 2012
(in millions)	Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Change in Projected Benefit Obligation
Accumulated post-retirement benefit obligation at prior measurement date	$	667	$	312	$	841	$	407	$	368	$	61	$	135
Obligation assumed from acquisition		977		-		-		-		-		-		-
Service cost		16		2		17		8		7		1		1
Interest cost		56		15		43		23		18		3		6
Plan participants' contributions		41		18		13		5		7		4		8
Actuarial gains		198		28		291		205		49		3		(2)
Transfers		-		9		-		-		-		(16)		-
Benefits paid		(105)		(38)		(61)		(24)		(33)		(8)		(13)
Special termination benefit cost		9		1		5		2		1		-		-
Plan amendments		(70)		(33)		(25)		(16)		(6)		-		-
Accrued retiree drug subsidy		5		2		4		2		2		-		1
Accumulated post-retirement benefit obligation at measurement date	$	1,794	$	316	$	1,128	$	612	$	413	$	48	$	136
Change in Fair Value of Plan Assets
Plan assets at prior measurement date	$	181	$	120	$	37	$	-	$	37	$	9	$	14
Actual return on plan assets		23		12		2		-		2		1		2
Benefits paid		(105)		(38)		(61)		(24)		(33)		(8)		(13)
Transfers(a)		-		5		(39)		-		(39)		(3)		-
Employer contributions		58		17		48		19		26		4		6
Plan participants' contributions		41		18		13		5		7		4		8
Plan assets at measurement date	$	198	$	134	$	-	$	-	$	-	$	7	$	17

		Year Ended December 31, 2011
(in millions)		Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Change in Projected Benefit Obligation
Accumulated post-retirement benefit obligation at prior measurement date		$	723	$	326	$	733	$	352	$	326	$	66	$	152
Service cost			7		2		11		5		5		1		1
Interest cost			35		16		41		20		18		3		7
Plan participants' contributions			32		21		9		5		3		1		4
Actuarial (gains) losses			(55)		(12)		98		49		40		-		(17)
Transfers			-		(1)		-		-		-		(2)		-
Plan transfer			-		(1)		-		-		-		-		-
Benefits paid			(83)		(44)		(51)		(24)		(24)		(8)		(14)
Early retirement reinsurance program subsidy			3		2		-		-		-		-		1
Accrued retiree drug subsidy			5		3		-		-		-		-		1
Accumulated post-retirement benefit obligation at measurement date		$	667	$	312	$	841	$	407	$	368	$	61	$	135
Change in Fair Value of Plan Assets
Plan assets at prior measurement date		$	186	$	125	$	33	$	-	$	33	$	8	$	14
Actual return on plan assets			4		2		3		-		4		-		-
Benefits paid			(83)		(44)		(51)		(24)		(24)		(8)		(14)
Employer contributions			42		16		43		19		21		8		10
Plan participants' contributions			32		21		9		5		3		1		4
Plan assets at measurement date		$	181	$	120	$	37	$	-	$	37	$	9	$	14
(a)	Progress Energy and Progress Energy Florida amounts reflect assets that did not meet the definition of plan assets. These assets are included in Other within Investments and Other Assets on the Consolidated Balance Sheets.

Amounts recognized on balance sheet

		December 31, 2012
(in millions)		Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Accrued post-retirement liability(a)(b)(c)(d)(e)(f)(g)		$	(1,596)	$	(182)	$	(1,128)	$	(612)	$	(413)	$	(41)	$	(119)
Regulatory assets		$	521	$	17	$	505	$	291	$	170	$	-	$	77
Regulatory liabilities		$	101	$	-	$	-	$	-	$	-	$	18	$	68
Accumulated other comprehensive (income) loss
	Deferred income tax liability	$	2	$	-	$	-	$	-	$	-	$	-	$	-
	Prior service credit		(3)		-		-		-		-		-		-
	Net actuarial gain		(2)		-		-		-		-		-		-
Net amounts recognized in accumulated other comprehensive (income) loss		$	(3)	$	-	$	-	$	-	$	-	$	-	$	-
Amounts to be recognized in net periodic pension expense in the next year
	Unrecognized net actuarial loss (gain)	$	54	$	3	$	59		37	$	16	$	(1)	$	-
	Unrecognized prior service credit		(15)		(7)		(4)		(2)		(1)		-		-

		December 31, 2011
(in millions)		Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Accrued post-retirement liability(a)(b)(c)(d)(e)(f)(g)		$	(486)	$	(192)	$	(804)	$	(407)	$	(331)	$	(52)	$	(121)
Regulatory assets		$	37	$	37	$	277	$	121	$	142	$	-	$	83
Regulatory liabilities		$	107	$	-	$	-	$	-	$	-	$	19	$	70
Accumulated other comprehensive (income) loss
	Deferred income tax liability	$	4	$	-	$	-	$	-	$	-	$	4	$	-
	Prior service credit		(3)		-		-		-		-		(1)		-
	Net actuarial loss (gain)		(6)		-		-		-		-		(9)		-
Net amounts recognized in accumulated other comprehensive (income) loss		$	(5)	$	-	$	-	$	-	$	-	$	(6)	$	-

Assumptions

Assumptions Used for Other Post-Retirement Benefits Accounting
Duke Energy(a)
		December 31,
		2012		2011		2010
Benefit Obligations
Discount rate		4.10	%	5.10	%	5.00	%
Net Periodic Benefit Cost
Discount rate		4.60-5.10	%	5.00	%	5.50	%
Expected long-term rate of return on plan assets(b)		5.20-8.00	%	5.36-8.25	%	5.53-8.50	%
Assumed tax rate(c)(d)		35	%	35.0	%	35.0	%
(a)	For Progress Energy plans, the discount rate used in 2012 to determine expense reflect remeasurement as of July 1, 2012 due to the merger between Duke Energy and Progress Energy.
(b)	The expected long-term rate of return on plan assets for Duke Energy Ohio and Duke Energy Indiana was 8.00%, 8.25% and 8.50% as of December 31, 2012, 2011 and 2010, respectively.
(c)	Applicable to the health care portion of funded post-retirement benefits.
(d)	Does not apply to Duke Energy Ohio and Duke Energy Indiana.

Payments

Expected Benefit Payments: Other Post-Retirement Benefit Plans
(in millions)		Duke Energy(a)		Duke Energy Carolinas(b)		Progress Energy(c)		Progress Energy Carolinas(d)		Progress Energy Florida(e)		Duke Energy Ohio(f)		Duke Energy Indiana(g)
Years ending December 31,
	2013	$	98	$	22	$	48	$	24	$	20	$	4	$	12
	2014		104		23		51		26		21		4		12
	2015		108		23		55		28		22		4		12
	2016		111		24		58		30		23		4		12
	2017		114		24		61		32		24		4		12
	2018 - 2022		583		112		330		177		125		19		53
(a)	Duke Energy expects to receive future subsidies under Medicare Part D of $7 million in each of the years 2013-2015, $8 million in each of the years 2016 and 2017, and a total of $46 million during the years 2018-2022.
(b)	Duke Energy Carolinas expects to receive future subsidies under Medicare Part D of $2 million in each of the years 2013-2017 and a total of $8 million during the years 2018-2022.
(c)	Progress Energy expects to receive future subsidies under Medicare Part D of $4 million in each of the years 2013-2015, $5 million each of the years 2016-2017, and a total of $34 million during the years 2018-2022.
(d)	Progress Energy Carolinas expects to receive future subsidies under Medicare Part D of $2 million in each of the years 2013-2015, $3 million in each of the years 2016-2017, and a total of $19 million during the years 2018-2022.
(e)	Progress Energy Florida expects to receive future subsidies under Medicare Part D of $2 million in each of the years 2013-2017, and a total of $12 million during the years 2018-2022.
(f)	Duke Energy Ohio does not expect to receive future subsidies under Medicare Part D.
(g)	Duke Energy Indiana expects to receive future subsidies under Medicare Part D of $1 million in each of the years 2013-2017 and a total of $5 million during the years 2018-2022.

Assumptions, health care cost trend rates

Assumed Health Care Cost Trend Rate - Duke Energy (a)
		December 31,
		2012		2011
Health care cost trend rate assumed for next year		8.50	%	8.75	%
Rate to which the cost trend is assumed to decline (the ultimate trend rate)		5.00	%	5.00	%
Year that rate reaches ultimate trend		2020		2020
(a)	Applicable to all Subsidiary Registrants

OPEB Sensitivity

Sensitivity to Changes in Assumed Health Care Cost Trend Rates
	Year Ended December 31, 2012
(in millions)	Duke Energy		Duke Energy Carolinas		Progress Energy		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana
1-Percentage Point Increase
Effect on total service and interest costs	$	9	$	1	$	8	$	4	$	3	$	1	$	1
Effect on post-retirement benefit obligation		164		11		133		72		49		3		8
1-Percentage Point Decrease
Effect on total service and interest costs		(7)		(1)		(6)		(3)		(2)		(1)		(1)
Effect on post-retirement benefit obligation		(133)		(10)		(106)		(57)		(39)		(3)		(7)

Other Post-Retirement Benefit plans [Member] | Progress Energy [Member]

Defined Benefit Plan Disclosure [Line Items]

Assumptions

Progress Energy(a)(b)
		December 31,
		2012		2011		2010
Benefit Obligations
Discount rate		4.10	%	4.85	%	5.75	%
Net Periodic Benefit Cost
Discount rate		4.60-4.85	%	5.70	%	6.05	%
Expected long-term rate of return on plan assets(b)		N/A-5.00	%	5.00	%	6.60	%
(a)	The assumptions used in 2012 to determine expense reflect remeasurement as of July 1, 2012 due to the merger between Duke Energy and Progress Energy.
(b)	The weighted-average actuarial assumptions used by Progress Energy Carolinas and Progress Energy Florida were not materially different from the assumptions above, as applicable, with the exception of the expected long-term rate of return on plan assets which was 5.00% for all years presented for Progress Energy Florida and 8.75% in 2010 for Progress Energy Carolinas. Progress Energy Florida held no other post-retirement benefit plan assets as of December 31, 2012. Progress Energy Carolinas held no other post-retirement plan assets after December 31, 2010.
	The discount rate used to determine the current year other post-retirement benefits obligation and following year’s other
post-retirement benefits expense is based on a bond selection-settlement portfolio approach. This approach develops a discount rate by selecting a portfolio of high quality corporate bonds that generate sufficient cash flow to provide for the projected benefit payments of the plan. The selected bond portfolio is derived from a universe of non-callable corporate bonds rated Aa quality or higher. After the bond portfolio is selected, a single interest rate is determined that equates the present value of the plan’s projected benefit payments discounted at this rate with the market value of the bonds selected.

Master Trust [Member]

Defined Benefit Plan Disclosure [Line Items]

Master trust return and allocation

	Target Allocation		Actual Allocation at December 31,
			2012		2011
Duke Energy Master Trust
U.S. equity securities	28	%	28	%	28	%
Non-U.S. equity securities	15	%	15	%	15	%
Global equity securities	10	%	10	%	9	%
Global private equity securities	3	%	3	%	1	%
Debt securities	32	%	32	%	32	%
Hedge funds	4	%	4	%	3	%
Real estate and cash	4	%	4	%	9	%
Other global securities	4	%	4	%	3	%
Total	100	%	100	%	100	%

Fair Value Of Plan Assets

	The following tables provide the fair value measurement amounts for the Duke Energy Master Trust qualified pension and other
post-retirement assets.
		December 31, 2012
(in millions)		Total Fair Value(a)		Level 1		Level 2		Level 3
Duke Energy Master Trust
Equity securities		$	2,993	$	1,415	$	1,575	$	3
Corporate bonds			1,391		-		1,388		3
Short-term investment funds			100		23		77		-
Partnership interests			141		-		-		141
Hedge funds			97		-		97		-
Real estate trusts			167		-		-		167
U.S. government securities			237		-		237		-
Other investments(b)			(16)		(21)		5		-
Guaranteed investment contracts			37		-		-		37
Governments bonds - foreign			65		-		64		1
Cash			4		4		-		-
Asset backed securities			2		-		2		-
Government and commercial mortgage backed securities			12		-		12		-
Total assets(c)		$	5,230	$	1,421	$	3,457	$	352
(a)	Excludes $26 million in net receivables associated with security purchases and sales.
(b)	Includes pending investment sales (net of investment purchases) of $29 million.
(c)	Duke Energy Carolinas, Duke Energy Ohio and Duke Energy Indiana were allocated approximately 43%, 9% and 12% of the Duke Energy Master Trust assets at December 31, 2012, respectively. Accordingly, all Level 1, 2 and 3 amounts included in the table above are allocable to Duke Energy Carolinas, Duke Energy Ohio and Duke Energy Indiana using these percentages.

		December 31, 2011
(in millions)		Total Fair Value(a)		Level 1		Level 2		Level 3
Duke Energy Master Trust
Equity securities		$	2,568	$	1,745	$	823	$	-
Corporate bonds			1,237		-		1,236		1
Short-term investment funds			328		276		52		-
Partnership interests			127		-		-		127
Hedge funds			89		-		89		-
Real estate trusts			152		-		-		152
U.S. government securities			211		-		211		-
Other investments(b)			33		30		2		1
Guarantees investment contracts			39		-		-		39
Governments bonds - foreign			39		-		38		1
Cash			7		7		-		-
Asset backed securities			4		-		3		1
Government and commercial mortgage backed securities			8		-		8		-
Total assets(c)		$	4,842	$	2,058	$	2,462	$	322
(a)	Excludes $27 million in net receivables and payables associated with security purchases and sales.
(b)	Includes pending investment sales (net of investment purchases) of $3 million.
(c)	Duke Energy Carolinas, Duke Energy Ohio and Duke Energy Indiana were allocated approximately 39%, 12% and 12% of the Duke Energy Master Trust assets at December 31, 2012, respectively. Accordingly, all Level 1, 2 and 3 amounts included in the table above are allocable to Duke Energy Carolinas, Duke Energy Ohio and Duke Energy Indiana using these percentages.

Master trust level 3 rollforward

	The following table provides a reconciliation of beginning and ending balances of Master Trust assets measured at fair value on a
recurring basis where the determination of fair value includes significant unobservable inputs (Level 3).
(in millions)		2012		2011
Duke Energy Master Trust
Balance at January 1		$	322	$	185
Purchases, sales, issuances and settlements
	Purchases		21		156
	Sales		(4)		(29)
Total gains (losses) and other			13		10
Balance at December 31		$	352	$	322

Master Trust [Member] | Progress Energy [Member]

Defined Benefit Plan Disclosure [Line Items]

Master trust return and allocation

	Target Allocation		Actual Allocation at December 31,
			2012		2011
Progress Energy Master Trust
U.S. equity securities	29	%	20	%	28	%
Non-U.S. equity securities	19	%	14	%	15	%
Global equity securities	4	%	8	%	9	%
Global private equity securities	6	%	10	%	-	%
Debt securities	35	%	35	%	36	%
Hedge funds	7	%	9	%	6	%
Real estate and cash	-	%	1	%	6	%
Other global securities	-	%	3	%	-	%
Total	100	%	100	%	100	%

Fair Value Of Plan Assets

	The following tables provide the fair value measurement amounts for the Progress Energy Master Trust qualified pension assets.
Progress Energy
		December 31, 2012
(in millions)		Total Fair Value(a)		Level 1		Level 2		Level 3
Progress Energy Master Trust
Equity securities		$	1,094	$	361	$	733	$	-
Corporate bonds			432		-		432		-
Partnership interests			154		-		-		154
Hedge funds			313		-		189		124
U.S. government securities			515		405		110		-
Other investments			16		-		6		10
Governments bonds - foreign			6		-		6		-
Cash			160		113		47		-
Total assets(b)		$	2,690	$	879	$	1,523	$	288
(a)	Excludes $43 million in net payables associated with security purchases and sales.
(b)	Progress Energy Carolinas and Progress Energy Florida were allocated approximately 48% and 44% of the Progress Energy Master Trust assets at December 31, 2012, respectively. Accordingly, all Level 1, 2 and 3 amounts included in the table above are allocable to Progress Energy Carolinas and Progress Energy Florida using these percentages.

		December 31, 2011
(in millions)		Total Fair Value		Level 1		Level 2		Level 3
Progress Energy Master Trust
Equity securities		$	803	$	313	$	490	$	-
Corporate bonds			407		-		407		-
Partnership interests			153		-		-		153
Hedge funds			306		-		159		147
U.S. government securities			391		247		144		-
Other investments			16		-		5		11
Cash			115		82		33		-
Total assets(a)		$	2,191	$	642	$	1,238	$	311
(a)	Progress Energy Carolinas and Progress Energy Florida were allocated approximately 50% and 44% of the Progress Energy Master Trust assets at December 31, 2011, respectively. Accordingly, all Level 1, 2 and 3 amounts included in the table above are allocable to Progress Energy Carolinas and Progress Energy Florida using these percentages.

Master trust level 3 rollforward

	The following table provides a reconciliation of beginning and ending balances of Progress Trust assets measured at fair value on a
recurring basis where the determination of fair value includes significant unobservable inputs (Level 3).
(in millions)		2012		2011
Progress Energy Master Trust
Balance at January 1		$	311	$	160
Purchases, sales, issuances and settlements
	Purchases		13		107
	Sales		(14)		(13)
Transfers in and/or out of level 3			(41)		-
Total gains (losses) and other			19		57
Balance at December 31		$	288	$	311

Voluntary Employee Beneficiary Association [Member]

Defined Benefit Plan Disclosure [Line Items]

Master trust return and allocation

	Target Allocation		Actual Allocation at December 31,
			2012		2011
VEBA I
U.S. equity securities	30	%	23	%	20	%
Debt securities	45	%	32	%	31	%
Cash	25	%	45	%	49	%
Total	100	%	100	%	100	%

Fair Value Of Plan Assets

	December 31, 2012
(in millions)	Total Fair Value		Level 1		Level 2		Level 3
VEBA I
Cash and cash equivalents	$	22	$	-	$	22	$	-
Equity securities		12		-		12		-
Debt securities		16		-		16		-
Total assets	$	50	$	-	$	50	$	-

	December 31, 2011
(in millions)	Total Fair Value		Level 1		Level 2		Level 3
VEBA I
Cash and cash equivalents	$	26	$	-	$	26	$	-
Equity securities		11		-		11		-
Debt securities		16		-		16		-
Total assets	$	53	$	-	$	53	$	-