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Investments in Debt and Equity Securities (Tables)

9 Months Ended

Sep. 30, 2014

Schedule of Available-for-sale Securities [Line Items]

The following table presents the estimated fair value of investments in available-for-sale securities.



	September 30, 2014						December 31, 2013
(in millions)	Gross Unrealized Holding Gains		Gross Unrealized Holding Losses		Estimated Fair Value		Gross Unrealized Holding Gains		Gross Unrealized Holding Losses		Estimated Fair Value
NDTF
Cash and cash equivalents	$	—	$	—	$	74	$	—	$	—	$	110
Equity securities	1,943		28		3,825		1,813		10		3,579
Corporate debt securities	13		3		493		8		6		400
Municipal bonds	5		1		132		2		6		160
U.S. government bonds	12		4		713		7		12		730
Other debt securities	—		1		137		22		2		154
Total NDTF	$	1,973	$	37	$	5,374	$	1,852	$	36	$	5,133
Other Investments
Cash and cash equivalents	$	—	$	—	$	16	$	—	$	—	$	21
Equity securities	32		—		95		29		—		91
Corporate debt securities	2		—		68		1		1		99
Municipal bonds	3		—		82		2		2		79
U.S. government bonds	—		—		16		—		—		17
Other debt securities	1		5		96		—		8		111
Total Other Investments^(a)	$	38	$	5	$	373	$	32	$	11	$	418
Total Investments	$	2,011	$	42	$	5,747	$	1,884	$	47	$	5,551

(a) These amounts are recorded in Other with Investments and Other Assets on the Condensed Consolidated Balance Sheets

Investments Classified by Contractual Maturity Date

The table below summarizes the maturity date for debt securities.



(in millions)	September 30, 2014
Due in one year or less	$	33
Due after one through five years	452
Due after five through 10 years	457
Due after 10 years	795
Total	$	1,737

Schedule of Realized Gain (Loss)

Realized gains and losses, which were determined on a specific identification basis, from sales of available-for-sale securities were as follows.



	Three Months Ended September 30,				Nine Months Ended September 30,
(in millions)	2014		2013		2014		2013
Realized gains	$	28	$	72	$	90	$	135
Realized losses	51		16		57		38

Duke Energy Carolinas [Member]

Schedule of Available-for-sale Securities [Line Items]

Available-for-sale Securities

The following table presents the estimated fair value of investments in available-for-sale securities.



	September 30, 2014						December 31, 2013
(in millions)	Gross Unrealized Holding Gains		Gross Unrealized Holding Losses		Estimated Fair Value		Gross Unrealized Holding Gains		Gross Unrealized Holding Losses		Estimated Fair Value
NDTF
Cash and cash equivalents	$	—	$	—	$	39	$	—	$	—	$	42
Equity securities	1,046		17		2,124		974		6		1,964
Corporate debt securities	7		3		345		5		5		274
Municipal bonds	1		—		22		—		2		54
U.S. government bonds	4		2		317		3		7		354
Other debt securities	—		1		122		22		2		146
Total NDTF	$	1,058	$	23	$	2,969	$	1,004	$	22	$	2,834
Other Investments
Other debt securities	$	—	$	1	$	3	$	—	$	1	$	3
Total Other Investments^(a)	$	—	$	1	$	3	$	—	$	1	$	3
Total Investments	$	1,058	$	24	$	2,972	$	1,004	$	23	$	2,837

(a) These amounts are recorded in Other within Investments and Other Assets on the Condensed Consolidated Balance Sheets.

Investments Classified by Contractual Maturity Date

The table below summarizes the maturity date for debt securities.



(in millions)	September 30, 2014
Due in one year or less	$	2
Due after one through five years	171
Due after five through 10 years	256
Due after 10 years	380
Total	$	809

Schedule of Realized Gain (Loss)

Realized gains and losses, which were determined on a specific identification basis, from sales of available-for-sale securities were as follows.



	Three Months Ended September 30,				Nine Months Ended September 30,
(in millions)	2014		2013		2014		2013
Realized gains	$	20	$	49	$	72	$	95
Realized losses	48		1		50		11

Progress Energy [Member]

Schedule of Available-for-sale Securities [Line Items]

Available-for-sale Securities

The following table presents the estimated fair value investments in available-for-sale securities.



	September 30, 2014						December 31, 2013
(in millions)	Gross Unrealized Holding Gains		Gross Unrealized Holding Losses		Estimated Fair Value		Gross Unrealized Holding Gains		Gross Unrealized Holding Losses		Estimated Fair Value
NDTF
Cash and cash equivalents	$	—	$	—	$	35	$	—	$	—	$	68
Equity securities	897		11		1,701		839		4		1,615
Corporate debt securities	6		—		148		3		1		126
Municipal bonds	4		1		110		2		4		106
U.S. government bonds	8		2		396		4		5		376
Other debt securities	—		—		15		—		—		8
Total NDTF	$	915	$	14	$	2,405	$	848	$	14	$	2,299
Other Investments
Cash and cash equivalents	$	—	$	—	$	15	$	—	$	—	$	20
Municipal bonds	3		—		43		1		—		39
Total Other Investments^(a)	$	3	$	—	$	58	$	1	$	—	$	59
Total Investments	$	918	$	14	$	2,463	$	849	$	14	$	2,358

(a) These amounts are recorded in Other within Investments and Other Assets on the Condensed Consolidated Balance Sheets.

Investments Classified by Contractual Maturity Date

The table below summarizes the maturity date for debt securities.



(in millions)	September 30, 2014
Due in one year or less	$	21
Due after one through five years	218
Due after five through 10 years	145
Due after 10 years	328
Total	$	712

Schedule of Realized Gain (Loss)

Realized gains and losses, which were determined on a specific identification basis, from sales of available-for-sale securities were as follows.



	Three Months Ended September 30,				Nine Months Ended September 30,
(in millions)	2014		2013		2014		2013
Realized gains	$	8	$	22	$	17	$	37
Realized losses	3		11		6		20

Duke Energy Progress [Member]

Schedule of Available-for-sale Securities [Line Items]

Available-for-sale Securities

The following table presents the estimated fair value of investments in available-for-sale securities.



	September 30, 2014						December 31, 2013
(in millions)	Gross Unrealized Holding Gains		Gross Unrealized Holding Losses		Estimated Fair Value		Gross Unrealized Holding Gains		Gross Unrealized Holding Losses		Estimated Fair Value
NDTF
Cash and cash equivalents	$	—	$	—	$	28	$	—	$	—	$	48
Equity securities	574		7		1,127		535		3		1,069
Corporate debt securities	4		—		95		3		1		80
Municipal bonds	4		1		108		2		4		104
U.S. government bonds	6		2		257		4		3		232
Other debt securities	—		—		8		—		—		5
Total NDTF	$	588	$	10	$	1,623	$	544	$	11	$	1,538
Other Investments
Cash and cash equivalents	$	—	$	—	$	2	$	—	$	—	$	2
Total Other Investments^(a)	$	—	$	—	$	2	$	—	$	—	$	2
Total Investments	$	588	$	10	$	1,625	$	544	$	11	$	1,540

(a) These amounts are recorded in Other with Investments and Other Assets on the Condensed Consolidated Balance Sheets.

Investments Classified by Contractual Maturity Date

The table below summarizes the maturity date for debt securities.



(in millions)	September 30, 2014
Due in one year or less	$	10
Due after one through five years	147
Due after five through 10 years	94
Due after 10 years	217
Total	$	468

Schedule of Realized Gain (Loss)

Realized gains and losses, which were determined on a specific identification basis, from sales of available-for-sale securities were as follows.



	Three Months Ended September 30,				Nine Months Ended September 30,
(in millions)	2014		2013		2014		2013
Realized gains	$	4	$	7	$	11	$	15
Realized losses	2		2		4		6

Duke Energy Florida [Member]

Schedule of Available-for-sale Securities [Line Items]

Available-for-sale Securities

The following table presents the estimated fair value of investments in available-for-sale securities.



	September 30, 2014						December 31, 2013
(in millions)	Gross Unrealized Holding Gains		Gross Unrealized Holding Losses		Estimated Fair Value		Gross Unrealized Holding Gains		Gross Unrealized Holding Losses		Estimated Fair Value
NDTF
Cash and cash equivalents	$	—	$	—	$	7	$	—	$	—	$	20
Equity securities	323		4		574		304		1		546
Corporate debt securities	2		—		53		—		—		46
Municipal bonds	—		—		2		—		—		2
U.S. government bonds	2		—		139		—		2		144
Other debt securities	—		—		7		—		—		3
Total NDTF	$	327	$	4	$	782	$	304	$	3	$	761
Other Investments
Cash and cash equivalents	$	—	$	—	$	—	$	—	$	—	$	3
Municipal bonds	3		—		43		1		—		39
Total Other Investments^(a)	$	3	$	—	$	43	$	1	$	—	$	42
Total Investments	$	330	$	4	$	825	$	305	$	3	$	803

(a) These amounts are recorded in Other with Investments and Other Assets on the Condensed Consolidated Balance Sheets.

Investments Classified by Contractual Maturity Date

The table below summarizes the maturity date for debt securities.



(in millions)	September 30, 2014
Due in one year or less	$	11
Due after one through five years	71
Due after five through 10 years	51
Due after 10 years	111
Total	$	244

Schedule of Realized Gain (Loss)

Realized gains and losses, which were determined on a specific identification basis, from sales of available-for-sale securities were as follows.



	Three Months Ended September 30,				Nine Months Ended September 30,
(in millions)	2014		2013		2014		2013
Realized gains	$	3	$	14	$	5	$	22
Realized losses	1		9		2		13

Duke Energy Indiana [Member]

Schedule of Available-for-sale Securities [Line Items]

Available-for-sale Securities

The following table presents the estimated fair value of investments in available-for-sale securities.



	September 30, 2014						December 31, 2013
(in millions)	Gross Unrealized Holding Gains		Gross Unrealized Holding Losses		Estimated Fair Value		Gross Unrealized Holding Gains		Gross Unrealized Holding Losses		Estimated Fair Value
Other Investments
Cash and cash equivalents	$	—	$	—	$	1	$	—	$	—	$	1
Equity securities	26		—		68		24		—		65
Municipal bonds	—		—		30		—		1		28
Total Other Investments^(a)	$	26	$	—	$	99	$	24	$	1	$	94
Total Investments	$	26	$	—	$	99	$	24	$	1	$	94

(a) These amounts are recorded in Other within Investments and Other Assets on the Condensed Consolidated Balance Sheets.

Investments Classified by Contractual Maturity Date

The table below summarizes the maturity date for debt securities.



(in millions)	September 30, 2014
Due in one year or less	$	1
Due after one through five years	18
Due after five through 10 years	8
Due after 10 years	3
Total	$	30

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

+ References+ Details