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Investments In Debt And Equity Securities (Tables)
12 Months Ended
Dec. 31, 2011
Investments In Debt And Equity Securities [Abstract]  
Available-For-Sale Investments
   December 31, 2011      December 31, 2010  
   Gross
Unrealized
Holding
Gains(a)
     Gross
Unrealized
Holding
Losses(a)
    Estimated
Fair
Value
     Gross
Unrealized
Holding
Gains(a)
     Gross
Unrealized
Holding
Losses(a)
    Estimated
Fair
Value
 

Short-term Investments

   $ —         $ —        $ 190       $ —         $ —        $ —     
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

Total short-term investments

   $ —         $ —        $ 190       $ —         $ —        $ —     
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

Equity Securities

   $ 448       $ (18   $ 1,397       $ 481       $ (16   $ 1,435   

Corporate Debt Securities

     9         (3     256         12         (3     270   

Municipal Bonds

     3         —          79         1         (9     69   

U.S. Government Bonds

     17         —          327         10         (1     235   

Auction Rate Debt Securities

     —           (17     71         —           (31     118   

Other

     6         (4     229         11         (5     274   
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

Total long-term investments

   $ 483       $ (42   $ 2,359       $ 515       $ (65   $ 2,401   
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

 

(a) The table above includes unrealized gains and losses of $473 million and $22 million, respectively, at December 31, 2011 and unrealized gains and losses of $505 million and $32 million, respectively, at December 31, 2010 associated with investments held in the Duke Energy Carolinas NDTF. Additionally, the table above includes unrealized gains of $6 million and $1 million of unrealized losses at December 31, 2011, and unrealized gains of $6 million and an insignificant amount of unrealized losses, at December 31, 2010 associated with investments held in the Duke Energy Indiana grantor trust. As discussed above, unrealized losses on investments within the NDTF and Duke Energy Indiana grantor trust are deferred as a regulatory asset pursuant to regulatory accounting treatment.
Unrealized Losses Of Available-For-Sale Debt And Equity Securities In A Continuous Loss Position
   As of December 31, 2011     As of December 31, 2010  
   Estimated
Fair
Value(a)
    

 

Unrealized
Loss
Position
>12 months

    Unrealized
Loss
Position
<12 months
    Estimated
Fair
Value(a)
     Unrealized
Loss
Position
>12 months
    Unrealized
Loss
Position
<12 months
 

Equity Securities

   $ 123         (6   $ (12   $ 85         (11   $ (5

Corporate Debt Securities

     258         (2     (1     73         (2     (2

Municipal Bonds

     3         —          —          42         (8     (1

U.S. Government Bonds

     8         —          —          38         —          (1

Auction Rate Debt Securities(b)

     71         (17     —          118         (31     —     

Other

     121         —          (4     84         (1     (3
  

 

 

    

 

 

   

 

 

   

 

 

    

 

 

   

 

 

 

Total long-term investments

   $ 584       $ (25   $ (17   $ 440       $ (53   $ (12
  

 

 

    

 

 

   

 

 

   

 

 

    

 

 

   

 

 

 

 

(a) The table above includes fair values of $289 million and $226 million at December 31, 2011 and December 31, 2010, respectively, associated with investments held in the Duke Energy Carolinas NDTF. Additionally, the table above includes fair values of $11 million and $5 million at December 31, 2011 and December 31, 2010, respectively, associated with investments held in the Duke Energy Indiana grantor trust.
(b) See Note 15 for information about fair value measurements related to investments in auction rate debt securities.