The Duke Energy Registrants use commodity and interest rate contracts to manage commodity price and interest rate risks. The primary use of energy commodity derivatives is to hedge the generation portfolio against changes in the prices of electricity and natural gas. Interest rate swaps are used to manage interest rate risk associated with borrowings.

All derivative instruments not identified as NPNS are recorded at fair value as assets or liabilities on the Condensed Consolidated Balance Sheets. Cash collateral related to derivative instruments executed under master netting agreement is offset against the collateralized derivatives on the balance sheet.

Changes in the fair value of derivative agreements that either do not qualify for or have not been designated as hedges are reflected in current earnings or as regulatory assets or liabilities.

The Duke Energy Registrants are exposed to the impact of changes in the future prices of electricity, coal, and natural gas. Exposure to commodity price risk is influenced by a number of factors including the term of contracts, the liquidity of markets, and delivery locations.

At March 31, 2014, there were no open commodity derivative instruments designated as hedges.

Undesignated contracts may include contracts not designated as a hedge, contracts that do not qualify for hedge accounting, derivatives that do not or no longer qualify for the NPNS scope exception, and de-designated hedge contracts. These contracts expire as late as 2018.

Duke Energy Carolinas and Duke Energy Progress have entered into firm power sale agreements, which are accounted for as derivatives, as part of the Interim FERC Mitigation in connection with Duke Energy's merger with Progress Energy. See Note 2 for further information. Duke Energy Carolinas' undesignated contracts are primarily associated with forward sales and purchases of electricity. Duke Energy Progress' and Duke Energy Florida's undesignated contracts are primarily associated with forward purchases of natural gas. Duke Energy Ohio's undesignated contracts are primarily associated with forward sales and purchases of electricity, coal, and natural gas. Duke Energy Indiana's undesignated contracts are primarily associated with forward purchases and sales of electricity and financial transmission rights.

The tables below show information relating to volumes of outstanding commodity derivatives. Amounts disclosed represent the notional volumes of commodity contracts excluding NPNS. Amounts disclosed represent the absolute value of notional amounts. The Duke Energy Registrants have netted contractual amounts where offsetting purchase and sale contracts exist with identical delivery locations and times of delivery. Where all commodity positions are perfectly offset, no quantities are shown.


		March 31, 2014
		Duke Energy		Duke Energy Carolinas		Progress Energy		Duke Energy Progress		Duke Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Electricity (gigawatt-hours)^(a)			66,268		1,028		925		925		―		60,115		272
Natural gas (millions of decatherms)			604		―		352		128		224		254		―

		December 31, 2013
		Duke Energy		Duke Energy Carolinas		Progress Energy		Duke Energy Progress		Duke Energy Florida		Duke Energy Ohio		Duke Energy Indiana
Electricity (gigawatt-hours)^(a)			71,466		1,205		925		925		―		69,362		203
Natural gas (millions of decatherms)			636		―		363		141		222		274		―

(a)	Amounts at Duke Energy Ohio include intercompany positions that eliminate at Duke Energy.

The Duke Energy Registrants are exposed to changes in interest rates as a result of their issuance or anticipated issuance of variable-rate and fixed-rate debt and commercial paper. Interest rate risk is managed by limiting variable-rate exposures to a percentage of total debt and by monitoring changes in interest rates. To manage risk associated with changes in interest rates, the Duke Energy Registrants may enter into interest rate swaps, U.S. Treasury lock agreements, and other financial contracts. In anticipation of certain fixed-rate debt issuances, a series of forward starting interest rate swaps may be executed to lock in components of current market interest rates. These instruments are later terminated prior to or upon the issuance of the corresponding debt. Pretax gains or losses recognized from inception to termination of the hedges are amortized as a component of interest expense over the life of the debt.

Duke Energy has a combination foreign exchange, pay fixed-receive floating interest rate swap to fix the US dollar equivalent payments on a floating-rate Chilean debt issue.

The following tables show notional amounts for derivatives related to interest rate risk.


		March 31, 2014				December 31, 2013
(in millions)		Duke Energy		Duke Energy Ohio		Duke Energy		Duke Energy Ohio
Cash flow hedges^(a)		$	798	$	―	$	798	$	―
Undesignated contracts			27		27		34		27
Total notional amount		$	825	$	27	$	832	$	27


(a)	Duke Energy includes amounts related to non-recourse variable rate long-term debt of VIEs of $584 million at March 31, 2014, and at December 31, 2013.

The following table shows the fair value of derivatives and the line items in the Condensed Consolidated Balance Sheets where they are reported. Although derivatives subject to master netting arrangements are netted on the Condensed Consolidated Balance Sheets, the fair values presented below are shown gross and cash collateral on the derivatives has not been netted against the fair values shown.


	March 31, 2014				December 31, 2013
(in millions)	Asset		Liability		Asset		Liability
Derivatives Designated as Hedging Instruments
Commodity contracts
Current Liabilities: Other	$	―	$	1	$	―	$	1
Interest rate contracts
Investments and Other Assets: Other		21		―		27		―
Current Liabilities: Other		―		16		―		18
Deferred Credits and Other Liabilities: Other		―		15		―		4
Total Derivatives Designated as Hedging Instruments		21		32		27		23
Derivatives Not Designated as Hedging Instruments
Commodity contracts
Current Assets: Other		27		7		201		158
Current Assets: Assets Held for Sale		9		1		―		―
Investments and Other Assets: Other		7		―		215		131
Investments and Other Assets: Assets Held for Sale		312		257		―		―
Current Liabilities: Other		22		116		13		153
Current Liabilities: Assets Held for Sale		398		463		―		―
Deferred Credits and Other Liabilities: Other		4		92		5		166
Deferred Credits and Other Liabilities: Assets Held for Sale		3		39		―		―
Interest rate contracts
Current Liabilities: Other		―		1		―		1
Deferred Credits and Other Liabilities: Other		―		4		―		4
Total Derivatives Not Designated as Hedging Instruments		782		980		434		613
Total Derivatives	$	803	$	1,012	$	461	$	636

The tables below show the balance sheet location of derivative contracts subject to enforceable master netting agreements and include collateral posted to offset the net position. This disclosure is intended to enable users to evaluate the effect of netting arrangements on financial position. The amounts shown were calculated by counterparty. Accounts receivable or accounts payable may also be available to offset exposures in the event of bankruptcy. These amounts are not included in the tables below.


		March 31, 2014
		Derivative Assets				Derivative Liabilities
(in millions)		Current^(a)		Non-Current^(b)		Current^(c)		Non-Current^(d)
Gross amounts recognized		$	454	$	338	$	606	$	399
Gross amounts offset			(436)		(265)		(473)		(267)
Net amount subject to master netting			18		73		133		132
Amounts not subject to master netting			―		11		1		6
Net amounts recognized on the Condensed Consolidated Balance Sheet		$	18	$	84	$	134	$	138

		December 31, 2013
		Derivative Assets				Derivative Liabilities
(in millions)		Current^(e)		Non-Current^(f)		Current^(g)		Non-Current^(h)
Gross amounts recognized		$	214	$	233	$	322	$	299
Gross amounts offset			(179)		(138)		(192)		(155)
Net amounts subject to master netting			35		95		130		144
Amounts not subject to master netting			―		14		4		11
Net amounts recognized on the Condensed Consolidated Balance Sheet		$	35	$	109	$	134	$	155

(a)	Included in Other and Assets Held for Sale within Current Assets on the Condensed Consolidated Balance Sheet.
(b)	Included in Other and Assets Held for Sale within Investments and Other Assets on the Condensed Consolidated Balance Sheet.
(c)	Included in Other and Liabilities Associated with Assets Held for Sale within Current Liabilities on the Condensed Consolidated Balance Sheet.
(d)	Included in Other and Liabilities Associated with Assets Held for Sale within Deferred Credits and Other Liabilities on the Condensed Consolidated Balance Sheet.
(e)	Included in Other within Current Assets on the Condensed Consolidated Balance Sheet.
(f)	Included in Other within Investments and Other Assets on the Condensed Consolidated Balance Sheet.
(g)	Included in Other within Current Liabilities on the Condensed Consolidated Balance Sheet.
(h)	Included in Other within Deferred Credits and Other Liabilities on the Condensed Consolidated Balance Sheet.


The following table shows the gains and losses recognized on cash flow hedges and the line items on the Condensed Consolidated Statements of Operations where such gains and losses are included when reclassified from AOCI.

		Three Months Ended March 31,
(in millions)		2014			2013
Pretax Gains (Losses) Recorded in AOCI
Interest rate contracts^(a)			$	2	$	13
Commodity contracts				―		1
Total Pretax Gains (Losses) Recorded in AOCI			$	2	$	14
Location of Pretax Gains (Losses) Reclassified from AOCI into Earnings
Interest rate contracts
Interest expense			$	(1)	$	(1)
Total Pretax Losses Reclassified from AOCI into Earnings			$	(1)	$	(1)

(a)	Reclassified to earnings as interest expense over the term of the related debt.

There was no hedge ineffectiveness during the three months ended March 31, 2014 and 2013, and no gains or losses were excluded from the assessment of hedge effectiveness during the same periods.

At March 31, 2014 and 2013, $65 million and $144 million respectively, of pretax deferred net losses on interest rate cash flow hedges were included in AOCI. A $6 million pretax gain is expected to be recognized in earnings during the next 12 months as interest expense.

The following table shows the gains and losses during the year recognized on undesignated derivatives and the line items on the Condensed Consolidated Statements of Operations or the Condensed Consolidated Balance Sheets where the pretax gains and losses were reported.


		Three Months Ended March 31,
(in millions)				2014		2013
Location of Pretax Gains and (Losses) Recognized in Earnings
Commodity contracts
Revenue: Regulated electric			$	(4)	$	6
Revenue: Nonregulated electric, natural gas and other				(397)		(82)
Fuel used in electric generation and purchased power - regulated				7		(52)
Fuel used in electric generation and purchased power - nonregulated				138		(7)
Interest rate contracts
Interest expense				(4)		(4)
Total Pretax Losses Recognized in Earnings			$	(260)	$	(139)
Location of Pretax Gains and (Losses) Recognized as Regulatory Assets or Liabilities
Commodity contracts^(a)
Regulatory assets			$	(2)	$	105
Regulatory liabilities				27		(5)
Interest rate contracts^(b)
Regulatory assets				4		13
Total Pretax Losses Recognized as Regulatory Assets or Liabilities			$	29	$	113

(a)	Reclassified to earnings to match recovery through the fuel clause.
(b)	Reclassified to earnings as interest expense over the term of the related debt.

The fair value of derivative instruments were not material for the periods presented in this quarterly report.


	March 31, 2014				December 31, 2013
(in millions)	Asset		Liability		Asset		Liability
Derivatives Designated as Hedging Instruments
Commodity contracts
Current Liabilities: Other	$	―	$	1	$	―	$	1
Deferred Credits and Other Liabilities: Other		―		―		―		4
Total Derivatives Designated as Hedging Instruments		―		1		―		5
Derivatives Not Designated as Hedging Instruments
Commodity contracts
Current Assets: Other		10		6		3		2
Investments and Other Assets: Other		1		―		2		1
Current Liabilities: Other		22		102		11		105
Deferred Credits and Other Liabilities: Other		3		81		4		91
Total Derivatives Not Designated as Hedging Instruments		36		189		20		199
Total Derivatives	$	36	$	190	$	20	$	204


		March 31, 2014
		Derivative Assets				Derivative Liabilities
(in millions)		Current^(a)		Non-Current^(b)		Current^(c)		Non-Current^(d)
Gross amounts recognized		$	32	$	4	$	108	$	82
Gross amounts offset			(28)		(4)		(34)		(6)
Net amounts recognized on the Condensed Consolidated Balance Sheet		$	4	$	―	$	74	$	76

		December 31, 2013
		Derivative Assets				Derivative Liabilities
(in millions)		Current^(a)		Non-Current^(b)		Current^(c)		Non-Current^(d)
Gross amounts recognized		$	15	$	5	$	107	$	93
Gross amounts offset			(13)		(4)		(17)		(10)
Net amount subject to master netting			2		1		90		83
Amounts not subject to master netting			―		―		―		4
Net amounts recognized on the Condensed Consolidated Balance Sheet		$	2	$	1	$	90	$	87

(a)	Included in Other within Current Assets on the Condensed Consolidated Balance Sheet.
(b)	Included in Other within Investments and Other Assets on the Condensed Consolidated Balance Sheet.
(c)	Included in Other within Current Liabilities on the Condensed Consolidated Balance Sheet.
(d)	Included in Other within Deferred Credits and Other Liabilities on the Condensed Consolidated Balance Sheet.

Gains and losses on cash flow hedges and reclassifications from AOCI were not material for the periods presented in this quarterly report.

At March 31, 2014 and 2013, $60 million and $68 million, respectively, of pretax deferred net losses on derivative instruments related to interest rate cash flow hedges were included as a component of AOCI.


The following table shows the gains and losses during the year recognized on undesignated derivatives and the line items on the Condensed Consolidated Statements of Operations and Comprehensive Income or the Condensed Consolidated Balance Sheets where the pretax gains or losses were reported.

		Three Months Ended March 31,
(in millions)				2014		2013
Location of Pretax Gains and (Losses) Recognized in Earnings
Commodity contracts
Operating revenues			$	(3)	$	6
Fuel used in electric generation and purchased power				7		(52)
Interest rate contracts
Interest expense				(4)		(4)
Total Pretax Losses Recognized in Earnings			$	―	$	(50)
Location of Pretax Gains and (Losses) Recognized as Regulatory Assets or Liabilities
Commodity contracts^(a)
Regulatory assets			$	(2)	$	105
Interest rate contracts^(b)
Regulatory assets				4		5
Total Pretax (Losses) Gains Recognized as Regulatory Assets or Liabilities			$	2	$	110

(a)	Reclassified to earnings to match recovery through the fuel clause.
(b)	Reclassified to earnings as interest expense over the term of the related debt.


		March 31, 2014				December 31, 2013
(in millions)		Asset		Liability		Asset		Liability
Derivatives Designated as Hedging Instruments
Commodity contracts
Current Liabilities: Other		$	―	$	1	$	―	$	1
Total Derivatives Designated as Hedging Instruments			―		1		―		1
Derivatives Not Designated as Hedging Instruments
Commodity contracts^(a)
Current Assets: Other			6		5		―		―
Investments and Other Assets: Other			1		―		2		1
Current Liabilities: Other			7		43		2		40
Deferred Credits and Other Liabilities: Other			1		23		2		29
Total Derivatives Not Designated as Hedging Instruments			15		71		6		70
Total Derivatives		$	15	$	72	$	6	$	71

(a)	Substantially all of these contracts are recorded as regulatory assets or liabilities.


		March 31, 2014
		Derivative Assets				Derivative Liabilities
(in millions)		Current^(a)		Non-Current^(b)		Current^(c)		Non-Current^(d)
Gross amounts recognized		$	13	$	2	$	48	$	24
Gross amounts offset			(11)		(2)		(11)		(2)
Net amounts recognized on the Condensed Consolidated Balance Sheet		$	2	$	―	$	37	$	22

		December 31, 2013
		Derivative Assets				Derivative Liabilities
(in millions)		Current^(a)		Non-Current^(b)		Current^(c)		Non-Current^(d)
Gross amounts recognized		$	3	$	3	$	41	$	30
Gross amounts offset			(3)		(3)		(3)		(3)
Net amounts recognized on the Condensed Consolidated Balance Sheet		$	―	$	―	$	38	$	27

(a)	Included in Other within Current Assets on the Condensed Consolidated Balance Sheet.
(b)	Included in Other within Investments and Other Assets on the Condensed Consolidated Balance Sheet.
(c)	Included in Other within Current Liabilities on the Condensed Consolidated Balance Sheet.
(d)	Included in Other within Deferred Credits and Other Liabilities on the Condensed Consolidated Balance Sheet.

Gain and losses on cash flow hedges and reclassifications from AOCI were not material for the periods presented in this quarterly report.

The following table shows the gains and losses during the year recognized on undesignated derivatives and the line items on the Condensed Consolidated Statements of Operations and Comprehensive Income or the Condensed Consolidated Balance Sheets where the pretax gains and losses were reported.


		Three Months Ended March 31,
(in millions)		2014			2013
Location of Pretax Gains and (Losses) Recognized in Earnings
Commodity contracts
Operating revenues			$	(3)	$	6
Fuel used in electric generation and purchased power				7		(17)
Interest rate contracts
Interest expense				(3)		(3)
Total Pretax Losses Recognized in Earnings			$	1	$	(14)
Location of Pretax Gains and (Losses) Recognized as Regulatory Assets or Liabilities
Commodity contracts^(a)
Regulatory assets			$	17	$	36
Interest rate contracts^(b)
Regulatory assets				3		3
Total Pretax Losses Recognized as Regulatory Assets or Liabilities			$	20	$	39

(a)	Reclassified to earnings to match recovery through the fuel clause.
(b)	Reclassified to earnings as interest expense over the term of the related debt.


		March 31, 2014				December 31, 2013
(in millions)		Asset		Liability		Asset		Liability
Derivatives Not Designated as Hedging Instruments
Commodity contracts^(a)
Current Assets: Other			4		1		3		2
Current Liabilities: Other			15		58		9		64
Deferred Credits and Other Liabilities: Other			2		58		2		63
Total Derivatives		$	21	$	117	$	14	$	129

(a)	Substantially all of these contracts are recorded as regulatory assets or liabilities.


		March 31, 2014
		Derivative Assets				Derivative Liabilities
(in millions)		Current^(a)		Non-Current^(b)		Current^(c)		Non-Current^(d)
Gross amounts recognized		$	19	$	2	$	59	$	58
Gross amounts offset			(16)		(2)		(20)		(6)
Net amounts recognized on the Condensed Balance Sheet		$	3	$	―	$	39	$	52

		December 31, 2013
		Derivative Assets				Derivative Liabilities
(in millions)		Current^(a)		Non-Current^(b)		Current^(c)		Non-Current^(d)
Gross amounts recognized		$	12	$	2	$	66	$	63
Gross amounts offset			(10)		(2)		(15)		(7)
Net amounts recognized on the Condensed Balance Sheet		$	2	$	―	$	51	$	56

(a)	Included in Other within Current Assets on the Condensed Balance Sheet.
(b)	Included in Other within Investments and Other Assets on the Condensed Balance Sheet.
(c)	Included in Other within Current Liabilities on the Condensed Balance Sheet.
(d)	Included in Other within Deferred Credits and Other Liabilities on the Condensed Balance Sheet.

Gains and losses on cash flow hedges and reclassifications from AOCI were not material for the periods presented in this quarterly report.

The following table shows the gains and losses during the year recognized on undesignated derivatives and the line items on the Condensed Consolidated Statements of Operations and Comprehensive Income or the Condensed Consolidated Balance Sheets where the pretax gains and losses were reported.


		Three Months Ended March 31,
(in millions)		2014			2013
Location of Pretax Gains and (Losses) Recognized in Earnings
Commodity contracts
Fuel used in electric generation and purchased power			$	―	$	(35)
Interest rate contracts
Interest expense				(1)		(1)
Total Pretax Losses Recognized in Earnings			$	(1)	$	(36)
Location of Pretax Gains and (Losses) Recognized as Regulatory Assets or Liabilities
Commodity contracts^(a)
Regulatory assets			$	(19)	$	69
Interest rate contracts
Regulatory assets				1		1
Total Pretax Gains (Losses) Recognized as Regulatory Assets or Liabilities			$	(18)	$	70

(a)	Reclassified to earnings to match recovery through the fuel clause.


	March 31, 2014				December 31, 2013
(in millions)	Asset		Liability		Asset		Liability
Derivatives Not Designated as Hedging Instruments
Commodity contracts
Current Assets: Other		―		―		186		163
Current Assets: Assets Held for Sale		7		1		―		―
Investments and Other Assets: Other		―		―		202		130
Investments and Other Assets: Assets Held for Sale		315		256		―		―
Current Liabilities: Other		―		―		1		36
Current Liabilities: Assets Held for Sale		407		479		―		―
Deferred Credits and Other Liabilities: Other		―		―		2		56
Deferred Credits and Other Liabilities: Assets Held for Sale		3		37		―		―
Interest rate contracts
Current Liabilities: Other		―		1		―		1
Deferred Credits and Other Liabilities: Other		―		4		―		4
Total Derivatives	$	732	$	778	$	391	$	390


		March 31, 2014
		Derivative Assets				Derivative Liabilities
(in millions)		Current^(a)		Non-Current^(b)		Current^(c)		Non-Current^(d)
Gross amounts recognized		$	413	$	319	$	482	$	296
Gross amounts offset			(407)		(260)		(438)		(260)
Net amounts recognized on the Condensed Consolidated Balance Sheet		$	6	$	59	$	44	$	36


		December 31, 2013
		Derivative Assets				Derivative Liabilities
(in millions)		Current^(e)		Non-Current^(f)		Current^(g)		Non-Current^(h)
Gross amounts recognized		$	186	$	205	$	199	$	186
Gross amounts offset			(165)		(132)		(173)		(143)
Net amount subject to master netting			21		73		26		43
Amounts not subject to master netting			―		―		1		4
Net amounts recognized on the Condensed Consolidated Balance Sheet		$	21	$	73	$	27	$	47

(a)	Included in Assets Held for Sale within Current Assets on the Condensed Consolidated Balance Sheet.
(b)	Included in Assets Held for Sale within Investments and Other Assets on the Condensed Consolidated Balance Sheet.
(c)	Included in Liabilities Associated with Assets Held for Sale within Current Liabilities on the Condensed Consolidated Balance Sheet.
(d)	Included in Liabilities Associated with Assets Held for Sale within Deferred Credits and Other Liabilities on the Condensed Consolidated Balance Sheet.
(e)	Included in Other within Current Assets on the Condensed Consolidated Balance Sheet.
(f)	Included in Other within Investments and Other Assets on the Condensed Consolidated Balance Sheet.
(g)	Included in Other within Current Liabilities on the Condensed Consolidated Balance Sheet.
(h)	Included in Other within Deferred Credits and Other Liabilities on the Condensed Consolidated Balance Sheet.

Gains and losses on cash flow hedges and reclassifications from AOCI were not material for the periods presented in this quarterly report.

The following table shows the gains and losses during the year recognized on undesignated derivatives and the line items on the Condensed Consolidated Statements of Operations and Comprehensive Income or the Condensed Consolidated Balance Sheets where the pretax gains and losses were reported.


	Three Months Ended March 31,
(in millions)	2014			2013
Location of Pretax Gains and (Losses) Recognized in Earnings
Commodity contracts
Revenue: Nonregulated electric, natural gas and other		$	(449)	$	(91)
Fuel used in electric generation and purchased power - nonregulated			138		(7)
Total Pretax (Losses) Gains Recognized in Earnings		$	(311)	$	(98)
Location of Pretax Gains and (Losses) Recognized as Regulatory Assets or Liabilities
Commodity contracts
Regulatory liabilities			2		―
Interest rate contracts
Regulatory assets		$	―	$	1
Total Pretax Gains (Losses) Recognized as Regulatory Assets or Liabilities		$	2	$	1

The fair value of derivative instruments were not material for the periods presented in this quarterly report.

Certain derivative contracts contain contingent credit features. These features may include (i) material adverse change clauses or payment acceleration clauses that could result in immediate payments, (ii) the posting of letters of credit or termination of the derivative contract before maturity if specific events occur, such as a credit rating downgrade below investment grade.

The following tables show information with respect to derivative contracts that are in a net liability position and contain objective credit-risk related payment provisions. Amounts for Duke Energy Carolinas and Duke Energy Indiana were not material.


	March 31, 2014
(in millions)	Duke Energy		Progress Energy		Duke Energy Progress		Duke Energy Florida		Duke Energy Ohio
Aggregate fair value amounts of derivative instruments in a net liability position	$	613	$	142	$	23	$	119	$	611
Fair value of collateral already posted		287		8		―		8		248
Additional cash collateral or letters of credit in the event credit-risk-related contingent features were triggered		26		135		23		112		26

	December 31, 2013
(in millions)	Duke Energy		Progress Energy		Duke Energy Progress		Duke Energy Florida		Duke Energy Ohio
Aggregate fair value amounts of derivative instruments in a net liability position	$	525	$	168	$	60	$	108	$	355
Fair value of collateral already posted		135		10		―		10		125
Additional cash collateral or letters of credit in the event credit-risk-related contingent features were triggered		205		158		60		98		47

The Duke Energy Registrants have elected to offset cash collateral and fair values of derivatives. For amounts to be netted, the derivative must be executed with the same counterparty under the same master netting agreement. Amounts disclosed below represent the receivables related to the right to reclaim cash collateral and payables related to the obligation to return cash collateral under master netting arrangements. Amounts for Duke Energy Carolinas and Duke Energy Indiana were not material.

March 31, 2014

December 31, 2013

(in millions)

Receivables

Payables

Receivables

Payables

Duke Energy

Amounts offset against net derivative positions

―

Amounts not offset against net derivative positions

248

―

122

―

Progress Energy

Amounts offset against net derivative positions

―

Duke Energy Florida

Amounts offset against net derivative positions

―

Duke Energy Ohio

Amounts offset against net derivative positions

―

Amounts not offset against net derivative positions

217

―

115

―