Business Segments (Tables)

9 Months Ended

Sep. 30, 2011

Business Segments

Total Revenues By Segments

	Unaffiliated Revenues			Intersegment Revenues			Total Revenues			Segment EBIT / Consolidated Income From Continuing Operations  Before Income Taxes			Depreciation and Amortization
	(in millions)
Three Months Ended September 30, 2011
USFE&G(a)	$	2,917		$	9		$	2,926		$	721		$	352
Commercial Power		684			3			687			67			56
International Energy		360			—			360			168			23
Total reportable segments		3,961			12			3,973			956			431
Other		3			11			14			(74	)		24
Eliminations		—			(23	)		(23	)		—			—
Interest expense		—			—			—			(213	)		—
Interest income and other(d)		—			—			—			7			—
Add back of noncontrolling interest component of reportable segment and Other EBIT		—			—			—			1			—
Total consolidated	$	3,964		$	—		$	3,964		$	677		$	455
Three Months Ended September 30, 2010
USFE&G(a)	$	2,934		$	10		$	2,944		$	946		$	350
Commercial Power		736			1			737			188			54
International Energy		273			—			273			110			21
Total reportable segments		3,943			11			3,954			1,244			425
Other(c)		3			14			17			(100	)		22
Eliminations		—			(25	)		(25	)		—			—
Interest expense		—			—			—			(202	)		—
Interest income and other(d)		—			—			—			25			—
Total consolidated	$	3,946		$	—		$	3,946		$	967		$	447
Nine Months Ended September 30, 2011
USFE&G(a)	$	8,131		$	27		$	8,158		$	2,052		$	1,032
Commercial Power		1,918			8			1,926			217			173
International Energy		1,114			—			1,114			527			66
Total reportable segments		11,163			35			11,198			2,796			1,271
Other		(2	)		36			34			(176	)		75
Eliminations		—			(71	)		(71	)		—			—
Interest expense		—			—			—			(635	)		—
Interest income and other(d)		—			—			—			53			—
Add back of noncontrolling interest component of reportable segment and Other EBIT		—			—			—			18			—
Total consolidated	$	11,161		$	—		$	11,161		$	2,056		$	1,346

	Unaffiliated Revenues		Intersegment Revenues			Total Revenues			Segment EBIT / Consolidated Income From Continuing Operations  Before Income Taxes			Depreciation and Amortization
	(in millions)
Nine Months Ended September 30, 2010
USFE&G(a)	$	8,017	$	25		$	8,042		$	2,361		$	1,033
Commercial Power(b)		1,850		6			1,856			(287	)		167
International Energy		919		—			919			376			63
Total reportable segments		10,786		31			10,817			2,450			1,263
Other(c)		41		41			82			(368	)		66
Eliminations		—		(72	)		(72	)		—			—
Interest expense		—		—			—			(624	)		—
Interest income and other(d)		—		—			—			62			—
Add back of noncontrolling interest component of reportable segment and Other EBIT		—		—			—			16			—
Total consolidated	$	10,827	$	—		$	10,827		$	1,536		$	1,329

(a) As discussed in Note 4, Duke Energy recorded a pre-tax charge of $222 million in the third quarter of 2011 and a $44 million pre-tax charge in the third quarter of 2010 related to the Edwardsport IGCC project.

(b) As discussed in Note 7, in the second quarter of 2010, Commercial Power recorded impairment charges of $660 million, which consisted of a $500 million goodwill impairment charge associated with the non-regulated Midwest generation operations and a $160 million charge to write-down the value of certain non-regulated Midwest generating assets and emission allowances primarily associated with these generation assets.

(c) During the three and nine months ended September 30, 2010, Other recorded a $20 million and $164 million expense, respectively, related to the 2010 voluntary severance plan and the consolidation of certain corporate office functions from the Midwest to Charlotte, North Carolina (See Note 15).

(d) Other within Interest Income and Other includes foreign currency transaction gains and losses and additional noncontrolling interest amounts not allocated to the reportable segments and Other results.

Reconciliation Of Segment Assets To Consolidated Assets

	September 30, 2011		December 31, 2010
	(in millions)
USFE&G	$	46,827	$	45,210
Commercial Power		6,739		6,704
International Energy		4,379		4,310
Total reportable segments		57,945		56,224
Other		2,730		2,845
Reclassifications(a)		101		21
Total consolidated assets	$	60,776	$	59,090

(a) Primarily represents reclassification of federal tax balances in consolidation.