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Debt and Credit Facilities (Tables)
 9 Months Ended
Sep. 30, 2014
Debt Disclosure [Abstract]  
Schedule Of Debt
The following table shows the significant components of Current maturities of long-term debt on the Condensed Consolidated Balance Sheets. The Duke Energy Registrants currently anticipate satisfying these obligations with cash on hand and proceeds from additional borrowings.
(in millions)
Maturity Date
 
Interest Rate

 
September 30, 2014

Unsecured Debt
 
 
 
 
 
Duke Energy (Parent)
April 2015
 
3.350
%
 
$
450

First Mortgage Bonds
 
 
 
 
 
Duke Energy Ohio
March 2015
 
0.373
%
 
150

Duke Energy Progress
April 2015
 
5.150
%
 
300

Other
 
 
 
 
256

Current maturities of long-term debt
 
 
 
 
$
1,156

The following table summarizes significant debt issuances (in millions).
 
 
 
 
 
Nine Months Ended September 30, 2014
Issuance Date
Maturity Date
 
Interest Rate

 
Duke Energy (Parent)

 
Duke Energy Progress

 
Duke Energy Florida

 
Duke Energy

Unsecured Debt
 
 
 
 
 
 
 
 
 
 
 
April 2014(a)
April 2024

3.750
%
 
$
600

 
$
—

 
$
—

 
$
600

April 2014(a)
April 2017

0.612
%
 
400

 
—

 
—

 
400

June 2014(b)
May 2019

11.870
%

—


—


—


108

June 2014(b)
May 2021

13.680
%

—


—


—


110

Secured Debt



 
 
 
 
 
 
 
 
March 2014(c)
March 2017

0.854
%
 
—

 
—

 
225

 
225

July 2014(d)
July 2036

5.340
%

—


—


—


129

First Mortgage Bonds



 
 
 
 
 
 
 
 
March 2014(e)
March 2044

4.375
%
 
—

 
400

 
—

 
400

March 2014(e)
March 2017

0.433
%
 
—

 
250

 
—

 
250

Total issuances
 
 
 
 
$
1,000

 
$
650

 
$
225

 
$
2,222

(a)
Proceeds were used to redeem $402 million of tax-exempt bonds at Duke Energy Ohio, the repayment of outstanding commercial paper and for general corporate purposes. See Note 9 for additional information related to the redemption of Duke Energy Ohio's tax-exempt bonds.
(b)
Proceeds were used to repay $196 million of debt for International Energy and for general corporate purposes.
(c)
Relates to the securitization of accounts receivable at a subsidiary of Duke Energy Florida. Proceeds were used to repay short-term borrowings under the intercompany money pool borrowing arrangement and for general corporate purposes. See Note 13 for further details.
(d)
Proceeds were used to fund a portion of Duke Energy's prior investment in the existing Wind Star renewables portfolio.
(e)
Proceeds were used to repay short-term borrowings under the intercompany money pool borrowing arrangement and for general corporate purposes.
Schedule Of Line Of Credit Facilities
The table below includes the current borrowing sublimits and available capacity under the Master Credit Facility.
 
September 30, 2014
(in millions)
Duke Energy

 
Duke Energy (Parent)

 
Duke Energy Carolinas

 
Duke Energy Progress

 
Duke Energy Florida

 
Duke Energy Ohio

 
Duke Energy Indiana

Facility size(a)
$
6,000

 
$
2,250

 
$
1,000

 
$
750

 
$
650

 
$
650

 
$
700

Reduction to backstop issuances
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial paper(b)
(1,278
)
 
(784
)
 
(300
)
 
(27
)
 
—

 
(4
)
 
(163
)
Outstanding letters of credit
(64
)
 
(56
)
 
(4
)
 
(2
)
 
(1
)
 
—

 
(1
)
Tax-exempt bonds
(116
)
 
—

 
(35
)
 
—

 
—

 
—

 
(81
)
Available capacity
$
4,542

 
$
1,410

 
$
661

 
$
721

 
$
649

 
$
646

 
$
455

(a)
Represents the sublimit of each borrower.
(b)
Duke Energy issued $450 million of commercial paper and loaned the proceeds through the money pool to Duke Energy Carolinas and Duke Energy Indiana. The balances are classified within Long-Term Debt Payable to Affiliated Companies in Duke Energy Carolinas' and Duke Energy Indiana’s Condensed Consolidated Balance Sheets.