XML 87 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Current Assets    
Cash and cash equivalents $ 1,296 $ 1,424
Short Term Investments 288 333
Receivables (net of allowance for doubtful accounts) 1,503 1,516
Restricted receivables of variable interest entities (net of allowance for doubtful accounts) 1,304 1,201
Inventory 3,096 3,223
Other 2,062 2,425
Total current assets 9,549 10,122
Investments and Other Assets    
Investments in equity method unconsolidated affiliates 478 483
Nuclear decommissioning trust funds 4,536 4,242
Goodwill 16,371 16,365
Intangibles, net 356 372
Notes receivable 69 71
Restricted other assets of variable interest entities 54 62
Other 2,466 2,399
Total investments and other assets 24,330 23,994
Property, Plant and Equipment    
Cost 99,605 98,833
Cost, variable interest entities 1,579 1,558
Accumulated depreciation and amortization (32,501) (31,969)
Generation facilities to be retired, net 130 136
Net property, plant and equipment 68,813 68,558
Regulatory Assets and Deferred Debits    
Regulatory assets 10,778 11,004
Other 196 178
Total regulatory assets and deferred debits 10,974 11,182
Total Assets 113,666 113,856
Current Liabilities    
Accounts payable 1,985 2,444
Notes payable and commercial paper 1,361 745
Non-recourse notes payable of variable interest entities 325 312
Taxes accrued 425 459
Interest accrued 478 448
Current maturities of long-term debt 3,323 3,110
Other 2,068 2,511
Total current liabilities 9,965 10,029
Long-term Debt 35,084 35,499
Non-recourse Long-term debt of Variable Interest Entities 1,255 852
Deferred Credits and Other Liabilities    
Deferred income taxes 10,518 10,490
Investment tax credits 454 458
Accrued pension and other post-retirement benefit costs 2,380 2,520
Asset retirement obligations 5,229 5,169
Regulatory liabilities 5,555 5,584
Other 2,196 2,221
Total deferred credits and other liabilities 26,332 26,442
Commitments and Contingencies      
Preferred Stock of Subsidiaries 0 93
Equity    
Common stock 1 1
Additional paid-in capital 39,263 39,279
Retained earnings 1,978 1,889
Accumulated other comprehensive (loss) income (289) (306)
Total Common Shareholders' Equity 40,953 40,863
Noncontrolling interests 77 78
Total equity 41,030 40,941
Total Liabilities and Equity 113,666 113,856
Duke Energy Carolinas [Member]
   
Current Assets    
Cash and cash equivalents 5 19
Receivables (net of allowance for doubtful accounts) 150 188
Restricted receivables of variable interest entities (net of allowance for doubtful accounts) 680 637
Receivables from affiliated companies 57 3
Notes receivable from affiliated companies 397 382
Inventory 1,010 1,062
Other 428 439
Total current assets 2,727 2,730
Investments and Other Assets    
Nuclear decommissioning trust funds 2,519 2,354
Other 941 934
Total investments and other assets 3,460 3,288
Property, Plant and Equipment    
Cost 34,559 34,190
Accumulated depreciation and amortization (11,663) (11,437)
Generation facilities to be retired, net 68 73
Net property, plant and equipment 22,964 22,826
Regulatory Assets and Deferred Debits    
Regulatory assets 1,707 1,727
Other 69 71
Total regulatory assets and deferred debits 1,776 1,798
Total Assets 30,927 30,642
Current Liabilities    
Accounts payable 520 599
Accounts payable to affiliated companies 112 128
Taxes accrued 65 114
Interest accrued 139 96
Current maturities of long-term debt 406 406
Other 409 490
Total current liabilities 1,651 1,833
Long-term Debt 7,734 7,735
Non-recourse Long-term debt of Variable Interest Entities 300 300
Long-term Debt Payable to Affiliated Companies 300 300
Deferred Credits and Other Liabilities    
Deferred income taxes 5,281 5,181
Investment tax credits 214 215
Accrued pension and other post-retirement benefit costs 215 221
Asset retirement obligations 1,990 1,959
Regulatory liabilities 2,214 2,102
Other 912 924
Total deferred credits and other liabilities 10,826 10,602
Commitments and Contingencies      
Equity    
Member's equity 10,132 9,888
Accumulated other comprehensive (loss) income (16) (16)
Total Member's Equity 10,116 9,872
Total Liabilities and Member's Equity 30,927 30,642
Progress Energy [Member]
   
Current Assets    
Cash and cash equivalents 35 231
Receivables (net of allowance for doubtful accounts) 812 790
Receivables from affiliated companies 18 15
Notes receivable from affiliated companies 20 0
Inventory 1,405 1,441
Other 709 766
Total current assets 2,999 3,243
Investments and Other Assets    
Nuclear decommissioning trust funds 2,017 1,888
Goodwill 3,655 3,655
Other 531 530
Total investments and other assets 6,203 6,073
Property, Plant and Equipment    
Cost 35,369 35,130
Cost, variable interest entities 16 16
Accumulated depreciation and amortization (12,624) (12,512)
Generation facilities to be retired, net 62 63
Net property, plant and equipment 22,823 22,697
Regulatory Assets and Deferred Debits    
Regulatory assets 5,158 5,292
Other 102 100
Total regulatory assets and deferred debits 5,260 5,392
Total Assets 37,285 37,405
Current Liabilities    
Accounts payable 822 1,066
Accounts payable to affiliated companies 64 30
Notes payable to affiliated companies 980 455
Taxes accrued 155 83
Interest accrued 195 192
Current maturities of long-term debt 718 843
Other 924 1,118
Total current liabilities 3,858 3,787
Long-term Debt 13,506 13,311
Long-term Debt Payable to Affiliated Companies 0 274
Deferred Credits and Other Liabilities    
Deferred income taxes 2,540 2,558
Investment tax credits 93 95
Accrued pension and other post-retirement benefit costs 1,610 1,608
Asset retirement obligations 2,441 2,413
Regulatory liabilities 2,324 2,469
Other 578 612
Total deferred credits and other liabilities 9,586 9,755
Commitments and Contingencies      
Preferred Stock of Subsidiaries 0 93
Equity    
Additional paid-in capital 7,465 7,465
Retained earnings 2,933 2,783
Accumulated other comprehensive (loss) income (65) (67)
Total Common Shareholders' Equity 10,333 10,181
Noncontrolling interests 2 4
Total equity 10,335 10,185
Total Liabilities and Equity 37,285 37,405
Duke Energy Progress [Member]
   
Current Assets    
Cash and cash equivalents 11 18
Receivables (net of allowance for doubtful accounts) 483 458
Receivables from affiliated companies 18 5
Inventory 808 828
Other 308 313
Total current assets 1,628 1,622
Investments and Other Assets    
Nuclear decommissioning trust funds 1,347 1,259
Other 269 251
Total investments and other assets 1,616 1,510
Property, Plant and Equipment    
Cost 21,413 21,168
Cost, variable interest entities 16 16
Accumulated depreciation and amortization (8,312) (8,185)
Generation facilities to be retired, net 62 63
Net property, plant and equipment 13,179 13,062
Regulatory Assets and Deferred Debits    
Regulatory assets 1,791 1,845
Other 32 29
Total regulatory assets and deferred debits 1,823 1,874
Total Assets 18,246 18,068
Current Liabilities    
Accounts payable 373 542
Accounts payable to affiliated companies 157 76
Notes payable and commercial paper 0 0
Notes payable to affiliated companies 38 364
Taxes accrued 55 23
Interest accrued 73 69
Current maturities of long-term debt 407 407
Other 407 517
Total current liabilities 1,510 1,998
Long-term Debt 4,929 4,433
Deferred Credits and Other Liabilities    
Deferred income taxes 2,210 2,162
Investment tax credits 90 92
Accrued pension and other post-retirement benefit costs 723 715
Asset retirement obligations 1,669 1,649
Regulatory liabilities 1,598 1,538
Other 282 295
Total deferred credits and other liabilities 6,572 6,451
Commitments and Contingencies      
Preferred stock 0 59
Equity    
Common stock 2,159 2,159
Retained earnings 3,076 2,968
Accumulated other comprehensive (loss) income 0 0
Total equity 5,235 5,127
Total Liabilities and Equity 18,246 18,068
Duke Energy Florida [Member]
   
Current Assets    
Cash and cash equivalents 7 131
Receivables (net of allowance for doubtful accounts) 313 318
Receivables from affiliated companies 64 20
Notes receivable from affiliated companies 0 207
Inventory 598 613
Other 354 351
Total current assets 1,336 1,640
Investments and Other Assets    
Nuclear decommissioning trust funds 670 629
Other 176 182
Total investments and other assets 846 811
Property, Plant and Equipment    
Cost 13,615 13,432
Accumulated depreciation and amortization (4,102) (4,072)
Net property, plant and equipment 9,513 9,360
Regulatory Assets and Deferred Debits    
Regulatory assets 3,243 3,321
Other 47 48
Total regulatory assets and deferred debits 3,290 3,369
Total Assets 14,985 15,180
Current Liabilities    
Accounts payable 382 412
Accounts payable to affiliated companies 65 44
Notes payable to affiliated companies 238 0
Taxes accrued 125 48
Interest accrued 68 55
Current maturities of long-term debt 10 435
Other 461 534
Total current liabilities 1,349 1,528
Long-term Debt 4,884 4,885
Deferred Credits and Other Liabilities    
Deferred income taxes 1,502 1,518
Accrued pension and other post-retirement benefit costs 612 610
Asset retirement obligations 772 764
Regulatory liabilities 724 787
Other 234 255
Total deferred credits and other liabilities 3,844 3,934
Commitments and Contingencies      
Preferred stock 0 34
Equity    
Common stock 1,762 1,762
Retained earnings 3,146 3,037
Accumulated other comprehensive (loss) income 0 0
Total equity 4,908 4,799
Total Liabilities and Equity 14,985 15,180
Duke Energy Ohio [Member]
   
Current Assets    
Cash and cash equivalents 27 31
Receivables (net of allowance for doubtful accounts) 124 108
Receivables from affiliated companies 123 82
Notes receivable from affiliated companies 4 1
Inventory 216 227
Other 257 267
Total current assets 751 716
Investments and Other Assets    
Goodwill 921 921
Intangibles, net 124 129
Other 53 75
Total investments and other assets 1,098 1,125
Property, Plant and Equipment    
Cost 10,897 10,824
Accumulated depreciation and amortization (2,758) (2,698)
Net property, plant and equipment 8,139 8,126
Regulatory Assets and Deferred Debits    
Regulatory assets 582 579
Other 13 14
Total regulatory assets and deferred debits 595 593
Total Assets 10,583 10,560
Current Liabilities    
Accounts payable 296 318
Accounts payable to affiliated companies 65 62
Notes payable to affiliated companies 337 245
Taxes accrued 124 159
Interest accrued 29 14
Current maturities of long-term debt 259 261
Other 117 126
Total current liabilities 1,227 1,185
Long-term Debt 1,735 1,736
Deferred Credits and Other Liabilities    
Deferred income taxes 1,857 1,853
Investment tax credits 6 6
Accrued pension and other post-retirement benefit costs 155 157
Asset retirement obligations 29 28
Regulatory liabilities 255 254
Other 173 175
Total deferred credits and other liabilities 2,475 2,473
Commitments and Contingencies      
Equity    
Common stock 762 762
Additional paid-in capital 4,882 4,882
Retained earnings (498) (477)
Accumulated other comprehensive (loss) income 0 (1)
Total equity 5,146 5,166
Total Liabilities and Equity 10,583 10,560
Duke Energy Indiana [Member]
   
Current Assets    
Cash and cash equivalents 23 36
Receivables (net of allowance for doubtful accounts) 29 33
Receivables from affiliated companies 143 104
Inventory 375 380
Other 141 138
Total current assets 711 691
Investments and Other Assets    
Intangibles, net 37 41
Other 130 122
Total investments and other assets 167 163
Property, Plant and Equipment    
Cost 12,119 12,012
Accumulated depreciation and amortization (3,746) (3,692)
Net property, plant and equipment 8,373 8,320
Regulatory Assets and Deferred Debits    
Regulatory assets 785 810
Other 24 24
Total regulatory assets and deferred debits 809 834
Total Assets 10,060 10,008
Current Liabilities    
Accounts payable 123 173
Accounts payable to affiliated companies 56 60
Notes payable to affiliated companies 27 81
Taxes accrued 80 61
Interest accrued 48 53
Current maturities of long-term debt 405 405
Other 146 165
Total current liabilities 885 998
Long-term Debt 3,147 3,147
Long-term Debt Payable to Affiliated Companies 150 150
Deferred Credits and Other Liabilities    
Deferred income taxes 920 853
Investment tax credits 141 142
Accrued pension and other post-retirement benefit costs 185 186
Asset retirement obligations 37 37
Regulatory liabilities 746 741
Other 51 46
Total deferred credits and other liabilities 2,080 2,005
Commitments and Contingencies      
Equity    
Common stock 1 1
Additional paid-in capital 1,384 1,384
Retained earnings 2,408 2,318
Accumulated other comprehensive (loss) income 5 5
Total equity 3,798 3,708
Total Liabilities and Equity $ 10,060 $ 10,008