Related Party Transactions (Tables)

6 Months Ended

Jun. 30, 2015

Material amounts related to transactions with related parties included in the Condensed Consolidated Statements of Operations and Comprehensive Income are presented in the following table.



	Three Months Ended June 30,				Six Months Ended June 30,
(in millions)	2015		2014		2015		2014
Duke Energy Carolinas
Corporate governance and shared service expenses^(a)	$	202	$	217	$	421	$	439
Indemnification coverages^(b)	6		5		12		11
Joint Dispatch Agreement (JDA) revenue^(c)	14		15		40		112
Joint Dispatch Agreement (JDA) expense^(c)	38		40		95		91
Progress Energy
Corporate governance and shared services provided by Duke Energy^(a)	$	172	$	200	$	339	$	378
Indemnification coverages^(b)	9		8		19		17
JDA revenue^(c)	38		40		95		91
JDA expense^(c)	14		15		40		112
Duke Energy Progress
Corporate governance and shared service expenses^(a)	$	93	$	104	$	194	$	200
Indemnification coverages^(b)	4		4		8		9
JDA revenue^(c)	38		40		95		91
JDA expense^(c)	14		15		40		112
Duke Energy Florida
Corporate governance and shared service expenses^(a)	$	79	$	97	$	145	$	178
Indemnification coverages^(b)	5		4		11		8
Duke Energy Ohio
Corporate governance and shared service expenses^(a)	$	103	$	82	$	188	$	159
Indemnification coverages^(b)	1		3		4		6
Duke Energy Indiana
Corporate governance and shared service expenses^(a)	$	83	$	94	$	172	$	199
Indemnification coverages^(b)	2		3		4		5


(a)	The Subsidiary Registrants are charged their proportionate share of corporate governance and other shared services costs, primarily related to human resources, employee benefits, legal and accounting fees, as well as other third-party costs. These amounts are recorded in Operation, maintenance and other on the Condensed Consolidated Statements of Operations and Comprehensive Income.


(b)	The Subsidiary Registrants incur expenses related to certain indemnification coverages through Bison, Duke Energy’s wholly owned captive insurance subsidiary. These expenses are recorded in Operation, maintenance and other on the Condensed Consolidated Statements of Operations and Comprehensive Income.

(c)

Duke Energy Carolinas and Duke Energy Progress participate in a JDA which allows the collective dispatch of power plants between the service territories to reduce customer rates. Revenues from the sale of power under the JDA are recorded in Operating Revenues on the Condensed Consolidated Statements of Operations and Comprehensive Income. Expenses from the purchase of power under the JDA are recorded in Fuel used in electric generation and purchased power on the Condensed Consolidated Statements of Operations and Comprehensive Income.

Progress Energy [Member]

Material amounts related to transactions with related parties included in the Condensed Consolidated Statements of Operations and Comprehensive Income are presented in the following table.



	Three Months Ended June 30,				Six Months Ended June 30,
(in millions)	2015		2014		2015		2014
Duke Energy Carolinas
Corporate governance and shared service expenses^(a)	$	202	$	217	$	421	$	439
Indemnification coverages^(b)	6		5		12		11
Joint Dispatch Agreement (JDA) revenue^(c)	14		15		40		112
Joint Dispatch Agreement (JDA) expense^(c)	38		40		95		91
Progress Energy
Corporate governance and shared services provided by Duke Energy^(a)	$	172	$	200	$	339	$	378
Indemnification coverages^(b)	9		8		19		17
JDA revenue^(c)	38		40		95		91
JDA expense^(c)	14		15		40		112
Duke Energy Progress
Corporate governance and shared service expenses^(a)	$	93	$	104	$	194	$	200
Indemnification coverages^(b)	4		4		8		9
JDA revenue^(c)	38		40		95		91
JDA expense^(c)	14		15		40		112
Duke Energy Florida
Corporate governance and shared service expenses^(a)	$	79	$	97	$	145	$	178
Indemnification coverages^(b)	5		4		11		8
Duke Energy Ohio
Corporate governance and shared service expenses^(a)	$	103	$	82	$	188	$	159
Indemnification coverages^(b)	1		3		4		6
Duke Energy Indiana
Corporate governance and shared service expenses^(a)	$	83	$	94	$	172	$	199
Indemnification coverages^(b)	2		3		4		5


(a)	The Subsidiary Registrants are charged their proportionate share of corporate governance and other shared services costs, primarily related to human resources, employee benefits, legal and accounting fees, as well as other third-party costs. These amounts are recorded in Operation, maintenance and other on the Condensed Consolidated Statements of Operations and Comprehensive Income.


(b)	The Subsidiary Registrants incur expenses related to certain indemnification coverages through Bison, Duke Energy’s wholly owned captive insurance subsidiary. These expenses are recorded in Operation, maintenance and other on the Condensed Consolidated Statements of Operations and Comprehensive Income.

(c)

Duke Energy Progress [Member]

Material amounts related to transactions with related parties included in the Condensed Consolidated Statements of Operations and Comprehensive Income are presented in the following table.



	Three Months Ended June 30,				Six Months Ended June 30,
(in millions)	2015		2014		2015		2014
Duke Energy Carolinas
Corporate governance and shared service expenses^(a)	$	202	$	217	$	421	$	439
Indemnification coverages^(b)	6		5		12		11
Joint Dispatch Agreement (JDA) revenue^(c)	14		15		40		112
Joint Dispatch Agreement (JDA) expense^(c)	38		40		95		91
Progress Energy
Corporate governance and shared services provided by Duke Energy^(a)	$	172	$	200	$	339	$	378
Indemnification coverages^(b)	9		8		19		17
JDA revenue^(c)	38		40		95		91
JDA expense^(c)	14		15		40		112
Duke Energy Progress
Corporate governance and shared service expenses^(a)	$	93	$	104	$	194	$	200
Indemnification coverages^(b)	4		4		8		9
JDA revenue^(c)	38		40		95		91
JDA expense^(c)	14		15		40		112
Duke Energy Florida
Corporate governance and shared service expenses^(a)	$	79	$	97	$	145	$	178
Indemnification coverages^(b)	5		4		11		8
Duke Energy Ohio
Corporate governance and shared service expenses^(a)	$	103	$	82	$	188	$	159
Indemnification coverages^(b)	1		3		4		6
Duke Energy Indiana
Corporate governance and shared service expenses^(a)	$	83	$	94	$	172	$	199
Indemnification coverages^(b)	2		3		4		5


(a)	The Subsidiary Registrants are charged their proportionate share of corporate governance and other shared services costs, primarily related to human resources, employee benefits, legal and accounting fees, as well as other third-party costs. These amounts are recorded in Operation, maintenance and other on the Condensed Consolidated Statements of Operations and Comprehensive Income.


(b)	The Subsidiary Registrants incur expenses related to certain indemnification coverages through Bison, Duke Energy’s wholly owned captive insurance subsidiary. These expenses are recorded in Operation, maintenance and other on the Condensed Consolidated Statements of Operations and Comprehensive Income.

(c)

Duke Energy Florida [Member]

Material amounts related to transactions with related parties included in the Condensed Consolidated Statements of Operations and Comprehensive Income are presented in the following table.



	Three Months Ended June 30,				Six Months Ended June 30,
(in millions)	2015		2014		2015		2014
Duke Energy Carolinas
Corporate governance and shared service expenses^(a)	$	202	$	217	$	421	$	439
Indemnification coverages^(b)	6		5		12		11
Joint Dispatch Agreement (JDA) revenue^(c)	14		15		40		112
Joint Dispatch Agreement (JDA) expense^(c)	38		40		95		91
Progress Energy
Corporate governance and shared services provided by Duke Energy^(a)	$	172	$	200	$	339	$	378
Indemnification coverages^(b)	9		8		19		17
JDA revenue^(c)	38		40		95		91
JDA expense^(c)	14		15		40		112
Duke Energy Progress
Corporate governance and shared service expenses^(a)	$	93	$	104	$	194	$	200
Indemnification coverages^(b)	4		4		8		9
JDA revenue^(c)	38		40		95		91
JDA expense^(c)	14		15		40		112
Duke Energy Florida
Corporate governance and shared service expenses^(a)	$	79	$	97	$	145	$	178
Indemnification coverages^(b)	5		4		11		8
Duke Energy Ohio
Corporate governance and shared service expenses^(a)	$	103	$	82	$	188	$	159
Indemnification coverages^(b)	1		3		4		6
Duke Energy Indiana
Corporate governance and shared service expenses^(a)	$	83	$	94	$	172	$	199
Indemnification coverages^(b)	2		3		4		5


(a)	The Subsidiary Registrants are charged their proportionate share of corporate governance and other shared services costs, primarily related to human resources, employee benefits, legal and accounting fees, as well as other third-party costs. These amounts are recorded in Operation, maintenance and other on the Condensed Consolidated Statements of Operations and Comprehensive Income.


(b)	The Subsidiary Registrants incur expenses related to certain indemnification coverages through Bison, Duke Energy’s wholly owned captive insurance subsidiary. These expenses are recorded in Operation, maintenance and other on the Condensed Consolidated Statements of Operations and Comprehensive Income.

(c)

Duke Energy Ohio [Member]

Material amounts related to transactions with related parties included in the Condensed Consolidated Statements of Operations and Comprehensive Income are presented in the following table.



	Three Months Ended June 30,				Six Months Ended June 30,
(in millions)	2015		2014		2015		2014
Duke Energy Carolinas
Corporate governance and shared service expenses^(a)	$	202	$	217	$	421	$	439
Indemnification coverages^(b)	6		5		12		11
Joint Dispatch Agreement (JDA) revenue^(c)	14		15		40		112
Joint Dispatch Agreement (JDA) expense^(c)	38		40		95		91
Progress Energy
Corporate governance and shared services provided by Duke Energy^(a)	$	172	$	200	$	339	$	378
Indemnification coverages^(b)	9		8		19		17
JDA revenue^(c)	38		40		95		91
JDA expense^(c)	14		15		40		112
Duke Energy Progress
Corporate governance and shared service expenses^(a)	$	93	$	104	$	194	$	200
Indemnification coverages^(b)	4		4		8		9
JDA revenue^(c)	38		40		95		91
JDA expense^(c)	14		15		40		112
Duke Energy Florida
Corporate governance and shared service expenses^(a)	$	79	$	97	$	145	$	178
Indemnification coverages^(b)	5		4		11		8
Duke Energy Ohio
Corporate governance and shared service expenses^(a)	$	103	$	82	$	188	$	159
Indemnification coverages^(b)	1		3		4		6
Duke Energy Indiana
Corporate governance and shared service expenses^(a)	$	83	$	94	$	172	$	199
Indemnification coverages^(b)	2		3		4		5


(a)	The Subsidiary Registrants are charged their proportionate share of corporate governance and other shared services costs, primarily related to human resources, employee benefits, legal and accounting fees, as well as other third-party costs. These amounts are recorded in Operation, maintenance and other on the Condensed Consolidated Statements of Operations and Comprehensive Income.


(b)	The Subsidiary Registrants incur expenses related to certain indemnification coverages through Bison, Duke Energy’s wholly owned captive insurance subsidiary. These expenses are recorded in Operation, maintenance and other on the Condensed Consolidated Statements of Operations and Comprehensive Income.

(c)

Duke Energy Indiana [Member]

Material amounts related to transactions with related parties included in the Condensed Consolidated Statements of Operations and Comprehensive Income are presented in the following table.



	Three Months Ended June 30,				Six Months Ended June 30,
(in millions)	2015		2014		2015		2014
Duke Energy Carolinas
Corporate governance and shared service expenses^(a)	$	202	$	217	$	421	$	439
Indemnification coverages^(b)	6		5		12		11
Joint Dispatch Agreement (JDA) revenue^(c)	14		15		40		112
Joint Dispatch Agreement (JDA) expense^(c)	38		40		95		91
Progress Energy
Corporate governance and shared services provided by Duke Energy^(a)	$	172	$	200	$	339	$	378
Indemnification coverages^(b)	9		8		19		17
JDA revenue^(c)	38		40		95		91
JDA expense^(c)	14		15		40		112
Duke Energy Progress
Corporate governance and shared service expenses^(a)	$	93	$	104	$	194	$	200
Indemnification coverages^(b)	4		4		8		9
JDA revenue^(c)	38		40		95		91
JDA expense^(c)	14		15		40		112
Duke Energy Florida
Corporate governance and shared service expenses^(a)	$	79	$	97	$	145	$	178
Indemnification coverages^(b)	5		4		11		8
Duke Energy Ohio
Corporate governance and shared service expenses^(a)	$	103	$	82	$	188	$	159
Indemnification coverages^(b)	1		3		4		6
Duke Energy Indiana
Corporate governance and shared service expenses^(a)	$	83	$	94	$	172	$	199
Indemnification coverages^(b)	2		3		4		5


(a)	The Subsidiary Registrants are charged their proportionate share of corporate governance and other shared services costs, primarily related to human resources, employee benefits, legal and accounting fees, as well as other third-party costs. These amounts are recorded in Operation, maintenance and other on the Condensed Consolidated Statements of Operations and Comprehensive Income.


(b)	The Subsidiary Registrants incur expenses related to certain indemnification coverages through Bison, Duke Energy’s wholly owned captive insurance subsidiary. These expenses are recorded in Operation, maintenance and other on the Condensed Consolidated Statements of Operations and Comprehensive Income.

(c)