Property, Plant and Equipment (Tables)

12 Months Ended

Dec. 31, 2014

Public Utility, Property, Plant and Equipment [Line Items]

Schedule Of Property, Plant And Equipment

The composite weighted-average depreciation rates, excluding nuclear fuel, are included in the table that follows.

	Years Ended December 31,
	2014		2013		2012
Duke Energy	2.8	%	2.8	%	2.9	%
Duke Energy Carolinas	2.7	%	2.8	%	2.8	%
Progress Energy	2.5	%	2.5	%	2.6	%
Duke Energy Progress	2.5	%	2.5	%	2.7	%
Duke Energy Florida	2.7	%	2.4	%	2.5	%
Duke Energy Ohio	2.3	%	3.3	%	3.2	%
Duke Energy Indiana	3.0	%	2.8	%	3.3	%

The following tables summarize the property, plant and equipment.

	December 31, 2014
(in millions)	Estimated Useful Life (Years)	Duke Energy			Duke Energy Carolinas			Progress Energy			Duke Energy Progress			Duke Energy Florida			Duke Energy Ohio			Duke Energy Indiana
Land		$	1,459		$	403		$	704		$	380		$	324		$	114		$	108
Plant - Regulated
Electric generation, distribution and transmission	2 - 138	82,206			31,751			33,672			20,616			13,056			3,956			11,911
Natural gas transmission and distribution	12 - 67	2,230			—			—			—			—			2,230			—
Other buildings and improvements	9 - 100	1,445			465			607			286			318			200			173
Plant - Nonregulated
Electric generation, distribution and transmission	1- 30	2,380			—			—			—			—			—			—
Other buildings and improvements	5 - 50	2,498			—			—			—			—			—			—
Nuclear fuel		2,865			1,676			1,190			1,190			—			—			—
Equipment	3 - 34	1,762			341			506			388			118			330			166
Construction in process		4,519			2,081			1,215			908			307			97			481
Other	5 - 80	3,497			655			756			439			310			214			195
Total property, plant and equipment(a)(d)		104,861			37,372			38,650			24,207			14,433			7,141			13,034
Total accumulated depreciation - regulated(b)(c)(d)		(32,628		)	(12,700		)	(13,506		)	(9,021		)	(4,478		)	(2,213		)	(4,219		)
Total accumulated depreciation - nonregulated(c)(d)		(2,196		)	—			—			—			—			—			—
Generation facilities to be retired, net		9			—			—			—			—			9			—
Total net property, plant and equipment		$	70,046		$	24,672		$	25,144		$	15,186		$	9,955		$	4,937		$	8,815

(a) Includes capitalized leases of $1,548 million, $40 million, $315 million, $146 million, $169 million, $98 million, and $30 million at Duke Energy, Duke Energy Carolinas, Progress Energy, Duke Energy Progress, Duke Energy Florida, Duke Energy Ohio, and Duke Energy Indiana, respectively, primarily in regulated plant. The Progress Energy, Duke Energy Progress and Duke Energy Florida amounts are net of $72 million, $5 million and $67 million, respectively, of accumulated amortization of capitalized leases.

(b) Includes $1,408 million, $847 million, $561 million and $561 million of accumulated amortization of nuclear fuel at Duke Energy, Duke Energy Carolinas, Progress Energy and Duke Energy Progress, respectively.

(c) Includes accumulated amortization of capitalized leases of $52 million, $8 million, $25 million and $6 million at Duke Energy, Duke Energy Carolinas, Duke Energy Ohio and Duke Energy Indiana, respectively.

(d) Includes gross property, plant and equipment cost of consolidated VIEs of $1,873 million and accumulated depreciation of consolidated VIEs of $257 million at Duke Energy.

	December 31, 2013
(in millions)	Estimated Useful Life (Years)	Duke Energy			Duke Energy Carolinas			Progress Energy			Duke Energy Progress			Duke Energy Florida			Duke Energy Ohio			Duke Energy Indiana
Land		$	1,481		$	397		$	705		$	383		$	321		$	137		$	105
Plant - Regulated
Electric generation, distribution and transmission	2 - 125	78,272			30,018			31,792			19,190			12,601			3,925			11,594
Natural gas transmission and distribution	12 - 67	2,138			—			—			—			—			2,138			—
Other buildings and improvements	2 - 100	1,397			447			610			282			315			190			159
Plant - Nonregulated
Electric generation, distribution and transmission	2 - 100	6,267			—			—			—			—			4,017			—
Other buildings and improvements	9 -100	2,512			—			—			—			—			5			—
Nuclear fuel		2,458			1,446			1,012			1,012			—			—			—
Equipment	1 - 33	1,557			287			621			357			94			317			146
Construction in process		3,595			1,741			873			631			238			166			307
Other	5 - 33	3,438			570			867			418			294			248			178
Total property, plant and equipment(a)(d)		103,115			34,906			36,480			22,273			13,863			11,143			12,489
Total accumulated depreciation - regulated(b)(c)(d)		(31,659		)	(11,894		)	(13,098		)	(8,623		)	(4,252		)	(2,160		)	(3,913		)
Total accumulated depreciation - nonregulated(c)(d)		(1,966		)	—			—			—			—			(748		)	—
Total net property, plant and equipment		$	69,490		$	23,012		$	23,382		$	13,650		$	9,611		$	8,235		$	8,576

(a) Includes capitalized leases of $1,606 million, $53 million, $328 million, $148 million, $180 million, $96 million, and $30 million at Duke Energy, Duke Energy Carolinas, Progress Energy, Duke Energy Progress, Duke Energy Florida, Duke Energy Ohio, and Duke Energy Indiana, respectively, primarily in regulated plant. The Progress Energy, Duke Energy Progress and Duke Energy Florida amounts are net of $60 million, an insignificant amount and $57 million, respectively, of accumulated amortization of capitalized leases.

(b) Includes $1,118 million, $681 million, $438 million and $438 million of accumulated amortization of nuclear fuel at Duke Energy, Duke Energy Carolinas, Progress Energy and Duke Energy Progress, respectively.

(c) Includes accumulated amortization of capitalized leases of $40 million, $4 million, $21 million and $5 million at Duke Energy, Duke Energy Carolinas, Duke Energy Ohio and Duke Energy Indiana, respectively.

(d) Includes gross property, plant and equipment cost of consolidated VIEs of $1,678 million and accumulated depreciation of consolidated VIEs of $175 million at Duke Energy.

Schedule Of Capitalized Interest

The following table presents capitalized interest, which includes the debt component of AFUDC.

	Years Ended December 31,
(in millions)	2014		2013		2012
Duke Energy	$	75	$	89	$	176
Duke Energy Carolinas	38		41		72
Progress Energy	11		19		41
Duke Energy Progress	10		16		23
Duke Energy Florida	1		3		18
Duke Energy Ohio	10		11		13
Duke Energy Indiana	6		9		39