Variable Interest Entities (Tables)

12 Months Ended

Dec. 31, 2012

Dec. 31, 2011

Variable Interest Entity [Line Items]

Schedule Of Consolidated VIEs

		December 31, 2012
(in millions)		DERF(a)		CRC		CinCapV		Renewables		Other		Total
Restricted Receivables of VIEs		$	637	$	534	$	15	$	16	$	(1)	$	1,201
Other Current Assets			―		―		4		133		2		139
Intangibles, net			―		―		―		12		―		12
Restricted Other Assets of VIEs			―		―		52		2		―		54
Other Assets			―		―		10		―		2		12
Property, Plant and Equipment, Cost			―		―		―		1,543		15		1,558
Accumulated Depreciation and Amortization			―		―		―		(98)		(5)		(103)
Other Deferred Debits			―		―		―		40		―		40
	Total Assets		637		534		81		1,648		13		2,913
Accounts Payable			―		―		―		1		―		1
Non-Recourse Notes Payable			―		312		―		―		―		312
Taxes Accrued			―		―		―		62		―		62
Current Maturities of Long-Term Debt			―		―		13		459		―		472
Other Current Liabilities			―		―		4		25		―		29
Non-Recourse Long-Term Debt			300		―		48		504		―		852
Deferred Income Taxes			―		―		―		154		―		154
Asset Retirement Obligations			―		―		―		23		―		23
Other Liabilities			―		―		10		39		―		49
	Total Liabilities		300		312		75		1,267		―		1,954
Noncontrolling Interests			―		―		―		―		―		―
Net Assets of Consolidated VIEs		$	337	$	222	$	6	$	381	$	13	$	959
(a)	DERF is a wholly owned limited liability company of Duke Energy Carolinas.

		December 31, 2011
(in millions)		DERF(a)		CRC		CinCapV		Renewables		Other		Total
Restricted Receivables of VIEs		$	581	$	547	$	13	$	13	$	3	$	1,157
Other Current Assets			―		―		2		124		8		134
Intangibles, net			―		―		―		12		―		12
Restricted Other Assets of VIEs			―		―		65		10		60		135
Other Assets			―		―		14		36		―		50
Property, Plant and Equipment, Cost			―		―		―		913		―		913
Accumulated Depreciation and Amortization			―		―		―		(62)		―		(62)
Other Deferred Debits			―		―		―		24		2		26
	Total Assets		581		547		94		1,070		73		2,365
Accounts Payable			―		―		―		1		1		2
Non-Recourse Notes Payable			―		273		―		―		―		273
Taxes Accrued			―		―		―		3		―		3
Current Maturities of Long-Term Debt			―		―		11		49		5		65
Other Current Liabilities			―		―		3		59		―		62
Non-Recourse Long-Term Debt			300		―		60		528		61		949
Deferred Income Taxes			―		―		―		160		―		160
Asset Retirement Obligation			―		―		―		13		―		13
Other Liabilities			―		―		13		37		―		50
	Total Liabilities		300		273		87		850		67		1,577
Noncontrolling Interests			―		―		―		―		1		1
Net Assets of Consolidated VIEs		$	281	$	274	$	7	$	220	$	5	$	787
(a)	DERF is a wholly owned limited liability company of Duke Energy Carolinas.

Schedule Of Non-Consolidated VIEs

		December 31, 2012
			Duke Energy
(in millions)		DukeNet		Renewables		FPC Capital I Trust(a)		Other		Total		Duke Energy Ohio		Duke Energy Indiana
Receivables		$	―	$	―	$	―	$	―	$	―	$	97	$	116
Investments in equity method unconsolidated affiliates			118		147		―		27		292		―		―
Intangibles			―		―		―		104		104		104		―
Investments and other assets							9		2		11
	Total assets		118		147		9		133		407		201		116
Other current liabilities			―		―		―		3		3		―		―
Deferred credits and other liabilities			―		―		319		17		336		―		―
	Total liabilities		―		―		319		20		339		―		―
Net assets (liabilities)		$	118	$	147	$	(310)	$	113	$	68	$	201	$	116
(a)	The entire balance of Investments and other assets and $274 million of the Deferred Credits and Other Liabilities balance applies to Progress Energy.

		December 31, 2011
		Duke Energy								Progress		Duke Energy		Duke Energy
(in millions)		DukeNet		Renewables		Other		Total		Energy		Ohio		Indiana
Receivables		$	―	$	―	$	―	$	―	$	―	$	129	$	139
Investments in equity method unconsolidated affiliates			129		81		25		235		9		―		―
Intangibles			―		―		111		111		―		111		―
	Total assets		129		81		136		346		9		240		139
Other current liabilities			―		―		3		3		―		―		―
Deferred credits and other liabilities			―		―		18		18		273		―		―
	Total liabilities		―		―		21		21		273		―		―
Net assets		$	129	$	81	$	115	$	325	$	(264)	$	240	$	139

CRC Fair Value Assumptions

	Duke Energy Ohio				Duke Energy Indiana
	2012		2011		2012		2011
Anticipated credit loss ratio	0.7	%	0.8	%	0.3	%	0.4	%
Discount rate	1.2	%	2.6	%	1.2	%	2.6	%
Receivable turnover rate	12.7	%	12.7	%	10.2	%	10.2	%

CRC Receivables Sold

	The following table shows the gross and net receivables sold:
			Duke Energy Ohio				Duke Energy Indiana
		December 31,					December 31,
(in millions)			2012		2011		2012		2011
Receivables sold			$	282	$	302	$	289	$	279
Less: Retained interests				97		129		116		139
Net receivables sold			$	185	$	173	$	173	$	140

CRC Sales and Cash Flows

	The following tables show the retained interests, sales, and cash flows related to receivables sold:
		Duke Energy Ohio						Duke Energy Indiana
		Years Ended December 31,						Years Ended December 31,
(in millions)		2012		2011		2010		2012		2011		2010
Sales
Receivables sold		$	2,154	$	2,390	$	2,858	$	2,773	$	2,658	$	2,537
Loss recognized on sale		$	13	$	21	$	26	$	12	$	16	$	17
Cash Flows
Cash proceeds from receivables sold		$	2,172	$	2,474	$	2,809	$	2,784	$	2,674	$	2,474
Collection fees received		$	1	$	1	$	1	$	1	$	1	$	1
Return received on retained interests		$	5	$	12	$	15	$	7	$	13	$	13