Variable Interest Entities (Tables)

9 Months Ended

Sep. 30, 2011

Variable Interest Entities

Consolidated VIEs

	Duke Energy
	Duke Energy Carolinas
	Duke Energy Receivables Financing LLC (DERF)		Cinergy Receivables		CinCap V		Renewables			Other		Total
	(in millions)
At September 30, 2011
VIE Balance Sheets
Restricted Receivables of VIEs	$	637	$	492	$	13	$	7		$	3	$	1,152
Other Current Assets		—		—		4		82			8		94
Intangibles, net		—		—		—		12			—		12
Restricted Other Assets of VIEs		—		—		67		48			61		176
Other Assets		—		—		21		—			—		21
Property, Plant and Equipment Cost, VIEs		—		—		—		921			—		921
Less Accumulated Depreciation and Amortization		—		—		—		(53	)		—		(53	)
Other Assets and Deferred Debits		—		—		—		25			9		34
Total Assets		637		492		105		1,042			81		2,357
Accounts Payable		—		—		—		1			2		3
Non-Recourse Notes Payable		—		275		—		—			—		275
Taxes Accrued		—		—		—		3			—		3
Current Maturities of Long-Term Debt		—		—		10		57			5		72
Other Current Liabilities		—		—		5		57			—		62
Non-Recourse Long-Term Debt		300		—		63		533			63		959
Deferred Income Taxes		—		—		—		173			—		173
Asset Retirement Obligation		—		—		—		12			—		12
Other Liabilities		—		—		20		37			1		58
Total Liabilities		300		275		98		873			71		1,617
Noncontrolling interests		—		—		—		—			2		2
Net Duke Energy Corporation Shareholders' Equity	$	337	$	217	$	7	$	169		$	8	$	738

	Duke Energy
	Duke Energy Carolinas
	Duke Energy Receivables Financing LLC (DERF)		Cinergy Receivables		CinCap V		Renewables			Other			Total
	(in millions)
At December 31, 2010
VIE Balance Sheets
Restricted Receivables of VIEs	$	637	$	629	$	12	$	20		$	4		$	1,302
Other Current Assets		—		—		4		282			8			294
Intangibles, net		—		—		—		13			—			13
Restricted Other Assets of VIEs		—		—		76		(2	)		65			139
Other Assets		—		—		23		—			—			23
Property, Plant and Equipment Cost, VIEs		—		—		—		892			50			942
Less Accumulated Depreciation and Amortization		—		—		—		(26	)		(29	)		(55	)
Other Assets and Deferred Debits		—		—		—		24			(3	)		21
Total Assets		637		629		115		1,203			95			2,679
Accounts Payable		—		—		—		2			2			4
Non-Recourse Notes Payable		—		216		—		—			—			216
Taxes Accrued		—		—		—		1			—			1
Current Maturities of Long-Term Debt		—		—		9		45			7			61
Other Current Liabilities		—		—		5		16			—			21
Non-Recourse Long-Term Debt		300		—		71		518			87			976
Deferred Income Taxes		—		—		—		191			—			191
Asset Retirement Obligation		—		—		—		12			—			12
Other Liabilities		—		—		22		4			—			26
Total Liabilities		300		216		107		789			96			1,508
Noncontrolling interests		—		—		—		—			1			1
Net Duke Energy Corporation Shareholders' Equity	$	337	$	413	$	8	$	414		$	(2	)	$	1,170

Non-Consolidated VIEs

					Duke Energy
	Duke Energy Ohio		Duke Energy Indiana		DukeNet		Renewables		Other		Total
At September 30, 2011 Consolidated Balance Sheets
Receivables	$	87	$	122	$	—	$	—	$	—	$	—
Investments in equity method unconsolidated affiliates		—		—		130		84		25		239
Intangibles		113		—		—		—		113		113
Total Assets		200		122		130		84		138		352
Other Current Liabilities		—		—		—		—		1		1
Deferred Credits and Other Liabilities		—		—		—		—		18		18
Total Liabilities		—		—		—		—		19		19
Net Duke Energy Corporation Shareholders' Equity	$	200	$	122	$	130	$	84	$	119	$	333

					Duke Energy
	Duke Energy Ohio		Duke Energy Indiana		DukeNet		Renewables		Other		Total
At December 31, 2010 Consolidated Balance Sheets
Receivables	$	216	$	192	$	—	$	—	$	—	$	—
Investments in equity method unconsolidated affiliates		—		—		137		95		23		255
Intangibles		119		—		—		—		119		119
Total Assets		335		192		137		95		142		374
Other Current Liabilities		—		—		—		—		3		3
Deferred Credits and Other Liabilities		—		—		—		—		28		28
Total Liabilities		—		—		—		—		31		31
Net Duke Energy Corporation Shareholders' Equity	$	335	$	192	$	137	$	95	$	111	$	343