Acquisitions and Sales of Other Assets (Tables)

9 Months Ended

Sep. 30, 2012

Accounting Charges Related to the Merger Consummation

(in millions)	Duke Energy Carolinas		Progress Energy Carolinas		Progress Energy Florida		Duke Energy Ohio		Duke Energy Indiana		Duke Energy
FERC Mitigation	$	46	$	71	$	―	$	―	$	―	$	117
Severance costs		48		42		24		15		13		146
Community support, charitable contributions and other		73		54		9		5		5		149
Total	$	167	$	167	$	33		20	$	18	$	412

Schedule of Purchase Price Calculation

(dollars in millions, except per share amounts; shares in thousands)
Progress Energy common shares outstanding at July 2, 2012		296,116
Exchange ratio		0.87083
Duke Energy common shares issued for Progress Energy common shares outstanding		257,867
Closing price of Duke Energy common shares on July 2, 2012	$	69.84
Purchase price for common stock	$	18,009
Fair value of outstanding earned stock compensation awards		62
Total purchase price	$	18,071

Schedule of Purchase Price Allocation

(in millions)
Current assets	$	3,258
Property, plant and equipment		24,949
Goodwill		12,342
Other long-term assets, excluding goodwill		8,149
Total assets		48,698
Current liabilities, including current maturities of long-term debt		3,567
Long-term liabilities, preferred stock and noncontrolling interests		10,314
Long-term debt		16,746
Total liabilities and preferred stock		30,627
Total estimated purchase price	$	18,071

Pro Forma Information

	Three Months Ended September 30,				Nine Months Ended September 30,
(in millions, except per share amounts)	2012		2011		2012		2011
Revenues	$	6,727	$	6,700	$	18,284	$	18,333
Net Income Attributable to Duke Energy Corporation		889		783		1,876		2,124
Basic and Diluted Earnings Per Share	$	1.26	$	1.12	$	2.66	$	3.03