XML 118 R42.htm IDEA: XBRL DOCUMENT v3.2.0.727
Employee Benefit Plans (Tables)
 6 Months Ended
Jun. 30, 2015
Defined Benefit Plan Disclosure [Line Items]  
Employee Savings Plan Matching Contributions
The following table includes employer matching contributions, as well as the additional contribution of 4 percent of eligible pay per pay period for employees not eligible to participate in a defined benefit plan, made by Duke Energy and expensed by the Subsidiary Registrants.
(in millions)
Duke Energy

 
Duke Energy Carolinas

 
Progress Energy

 
Duke Energy Progress

 
Duke Energy Florida

 
Duke Energy Ohio

 
Duke Energy Indiana

Three Months Ended June 30,
 
 
 
 
 
 
 
 
 
 
2015
$
37

 
$
13

 
$
12

 
$
8

 
$
3

 
$
1

 
$
2

2014
36

 
12

 
11

 
7

 
3

 
1

 
2

Six Months Ended June 30,
 
 
 
 
 
 
 
 
 
 
2015
$
86

 
$
29

 
$
26

 
$
19

 
$
7

 
$
2

 
$
4

2014
80

 
26

 
23

 
16

 
7

 
2

 
4
Qualified Pension Plans [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Plan Contributions by Employer
The following table includes information related to the Duke Energy Registrants’ contributions to its U.S. qualified defined benefit pension plans.
 
Six Months Ended June 30, 2015
(in millions)
Duke Energy

 
Duke Energy Carolinas

 
Progress Energy

 
Duke Energy Progress

 
Duke Energy Florida

 
Duke Energy Ohio

 
Duke Energy Indiana

 
 
 
 
 
 
 
 
 
 
 
Contributions
$
132

 
$
42

 
$
42

 
$
21

 
$
21

 
$
1

 
$
9

Duke Energy did not make any contributions to its U.S. qualified defined benefit pension plans during the three months ended June 30, 2015, and the six months ended June 30, 2014.
Components of Net Periodic Pension Costs
The following tables include the components of net periodic pension costs for qualified pension plans.
 
Three Months Ended June 30, 2015
(in millions)
Duke Energy

 
Duke Energy Carolinas

 
Progress Energy

 
Duke Energy Progress

 
Duke Energy Florida

 
Duke Energy Ohio

 
Duke Energy Indiana

Service cost
$
39

 
$
12

 
$
11

 
$
6

 
$
5

 
$
1

 
$
2

Interest cost on projected benefit obligation
81

 
20

 
26

 
12

 
13

 
4

 
7

Expected return on plan assets
(129
)
 
(33
)
 
(41
)
 
(21
)
 
(22
)
 
(7
)
 
(11
)
Amortization of actuarial loss
44

 
10

 
17

 
9

 
8

 
3

 
4

Amortization of prior service credit
(3
)
 
(2
)
 
(1
)
 
(1
)
 
(1
)
 
—

 
—

Other
2

 
—

 
—

 
1

 
1

 
—

 
—

Net periodic pension costs
$
34

 
$
7

 
$
12

 
$
6

 
$
4

 
$
1

 
$
2

 
Three Months Ended June 30, 2014
(in millions)
Duke Energy

 
Duke Energy Carolinas

 
Progress Energy

 
Duke Energy Progress

 
Duke Energy Florida

 
Duke Energy Ohio

 
Duke Energy Indiana

Service cost
$
34

 
$
11

 
$
10

 
$
5

 
$
5

 
$
1

 
$
2

Interest cost on projected benefit obligation
86

 
21

 
28

 
14

 
15

 
5

 
8

Expected return on plan assets
(127
)
 
(33
)
 
(43
)
 
(22
)
 
(22
)
 
(6
)
 
(11
)
Amortization of actuarial loss
37

 
9

 
17

 
8

 
8

 
1

 
3

Amortization of prior service credit
(3
)
 
(2
)
 
(1
)
 
(1
)
 
(1
)
 
—

 
—

Other
1

 
—

 
—

 
1

 
1

 
—

 
—

Net periodic pension costs
$
28

 
$
6

 
$
11

 
$
5

 
$
6

 
$
1

 
$
2

 
Six Months Ended June 30, 2015
(in millions)
Duke Energy

 
Duke Energy Carolinas

 
Progress Energy

 
Duke Energy Progress

 
Duke Energy Florida

 
Duke Energy Ohio

 
Duke Energy Indiana

Service cost
$
79

 
$
25

 
$
22

 
$
12

 
$
10

 
$
2

 
$
5

Interest cost on projected benefit obligation
163

 
41

 
52

 
24

 
27

 
9

 
14

Expected return on plan assets
(258
)
 
(69
)
 
(84
)
 
(41
)
 
(44
)
 
(13
)
 
(21
)
Amortization of actuarial loss
87

 
20

 
34

 
17

 
16

 
5

 
7

Amortization of prior service credit
(7
)
 
(4
)
 
(2
)
 
(1
)
 
(1
)
 
—

 
—

Other
4

 
1

 
1

 
1

 
1

 
—

 
—

Net periodic pension costs
$
68

 
$
14

 
$
23

 
$
12

 
$
9

 
$
3

 
$
5

 
Six Months Ended June 30, 2014
(in millions)
Duke Energy

 
Duke Energy Carolinas

 
Progress Energy

 
Duke Energy Progress

 
Duke Energy Florida

 
Duke Energy Ohio

 
Duke Energy Indiana

Service cost
$
68

 
$
21

 
$
20

 
$
10

 
$
10

 
$
2

 
$
4

Interest cost on projected benefit obligation
172

 
42

 
56

 
27

 
29

 
10

 
15

Expected return on plan assets
(255
)
 
(66
)
 
(86
)
 
(43
)
 
(43
)
 
(13
)
 
(20
)
Amortization of actuarial loss
74

 
18

 
34

 
16

 
16

 
2

 
6

Amortization of prior service credit
(7
)
 
(4
)
 
(2
)
 
(1
)
 
(1
)
 
—

 
—

Other
3

 
1

 
1

 
1

 
1

 
—

 
—

Net periodic pension costs
$
55

 
$
12

 
$
23

 
$
10

 
$
12

 
$
1

 
$
5
Other Pension Plan [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Components of Net Periodic Pension Costs
The following tables include the components of net periodic pension costs for non-qualified pension plans for registrants with non-qualified pension costs.
 
Three Months Ended June 30, 2015
(in millions)
Duke Energy

 
Duke Energy Carolinas

 
Progress Energy

 
Duke Energy Progress

 
Duke Energy Florida

Service cost
$
1

 
$
—

 
$
—

 
$
—

 
$
—

Interest cost on projected benefit obligation
3

 
—

 
1

 
1

 
1

Amortization of actuarial loss
1

 
—

 
1

 
—

 
—

Net periodic pension costs
$
5

 
$
—

 
$
2

 
$
1

 
$
1

 
Three Months Ended June 30, 2014
(in millions)
Duke Energy

 
Duke Energy Carolinas

 
Progress Energy

 
Duke Energy Progress

 
Duke Energy Florida

Service cost
$
1

 
$
—

 
$
1

 
$
—

 
$
—

Interest cost on projected benefit obligation
3

 
—

 
—

 
—

 
1

Amortization of actuarial loss
1

 
—

 
1

 
—

 
—

Net periodic pension costs
$
5

 
$
—

 
$
2

 
$
—

 
$
1

 
Six Months Ended June 30, 2015
(in millions)
Duke Energy

 
Duke Energy Carolinas

 
Progress Energy

 
Duke Energy Progress

 
Duke Energy Florida

Service cost
$
1

 
$
—

 
$
1

 
$
—

 
$
—

Interest cost on projected benefit obligation
7

 
1

 
2

 
1

 
1

Amortization of actuarial loss
3

 
—

 
1

 
—

 
1

Net periodic pension costs
$
11

 
$
1

 
$
4

 
$
1

 
$
2

 
Six Months Ended June 30, 2014
(in millions)
Duke Energy

 
Duke Energy Carolinas

 
Progress Energy

 
Duke Energy Progress

 
Duke Energy Florida

Service cost
$
1

 
$
—

 
$
1

 
$
—

 
$
—

Interest cost on projected benefit obligation
7

 
—

 
2

 
1

 
1

Amortization of actuarial loss
1

 
—

 
1

 
—

 
—

Net periodic pension costs
$
9

 
$
—

 
$
4

 
$
1

 
$
1
Other Post-Retirement Benefit Plans [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Components of Net Periodic Pension Costs
The following tables include the components of net periodic other post-retirement benefit costs.
 
Three Months Ended June 30, 2015
(in millions)
Duke Energy

 
Duke Energy Carolinas

 
Progress Energy

 
Duke Energy Progress

 
Duke Energy Florida

 
Duke Energy Ohio

 
Duke Energy Indiana

Service cost
$
1

 
$
1

 
$
1

 
$
—

 
$
—

 
$
—

 
$
—

Interest cost on accumulated post-retirement benefit obligation
9

 
2

 
3

 
2

 
1

 
1

 
2

Expected return on plan assets
(3
)
 
(2
)
 
—

 
—

 
—

 
—

 
—

Amortization of actuarial loss (gain)
7

 
(1
)
 
7

 
4

 
2

 
—

 
(1
)
Amortization of prior service credit
(35
)
 
(3
)
 
(25
)
 
(16
)
 
(7
)
 
—

 
—

Net periodic other post-retirement benefit costs
$
(21
)
 
$
(3
)
 
$
(14
)
 
$
(10
)
 
$
(4
)
 
$
1

 
$
1

 
Three Months Ended June 30, 2014
(in millions)
Duke Energy

 
Duke Energy Carolinas

 
Progress Energy

 
Duke Energy Progress

 
Duke Energy Florida

 
Duke Energy Ohio

 
Duke Energy Indiana

Service cost
$
3

 
$
1

 
$
1

 
$
1

 
$
1

 
$
—

 
$
—

Interest cost on accumulated post-retirement benefit obligation
13

 
3

 
5

 
2

 
3

 
1

 
2

Expected return on plan assets
(3
)
 
(2
)
 
—

 
—

 
—

 
—

 
(1
)
Amortization of actuarial loss (gain)
10

 
—

 
11

 
8

 
3

 
(1
)
 
—

Amortization of prior service credit
(32
)
 
(2
)
 
(23
)
 
(18
)
 
(6
)
 
—

 
—

Net periodic other post-retirement benefit costs
$
(9
)
 
$
—

 
$
(6
)
 
$
(7
)
 
$
1

 
$
—

 
$
1


 
Six Months Ended June 30, 2015
(in millions)
Duke Energy

 
Duke Energy Carolinas

 
Progress Energy

 
Duke Energy Progress

 
Duke Energy Florida

 
Duke Energy Ohio

 
Duke Energy Indiana

Service cost
$
3

 
$
1

 
$
1

 
$
—

 
$
—

 
$
—

 
$
—

Interest cost on accumulated post-retirement benefit obligation
18

 
4

 
7

 
4

 
3

 
1

 
2

Expected return on plan assets
(6
)
 
(4
)
 
—

 
—

 
—

 
—

 
—

Amortization of actuarial loss (gain)
13

 
(1
)
 
14

 
9

 
5

 
—

 
(1
)
Amortization of prior service credit
(70
)
 
(7
)
 
(51
)
 
(33
)
 
(16
)
 
—

 
—

Net periodic other post-retirement benefit costs
$
(42
)
 
$
(7
)
 
$
(29
)
 
$
(20
)
 
$
(8
)
 
$
1

 
$
1

 
Six Months Ended June 30, 2014
(in millions)
Duke Energy

 
Duke Energy Carolinas

 
Progress Energy

 
Duke Energy Progress

 
Duke Energy Florida

 
Duke Energy Ohio

 
Duke Energy Indiana

Service cost
$
5

 
$
1

 
$
2

 
$
1

 
$
2

 
$
—

 
$
—

Interest cost on accumulated post-retirement benefit obligation
25

 
6

 
11

 
5

 
6

 
1

 
3

Expected return on plan assets
(6
)
 
(4
)
 
—

 
—

 
—

 
—

 
(1
)
Amortization of actuarial loss (gain)
20

 
1

 
21

 
15

 
5

 
(1
)
 
—

Amortization of prior service credit
(63
)
 
(5
)
 
(47
)
 
(36
)
 
(11
)
 
—

 
—

Net periodic other post-retirement benefit costs
$
(19
)
 
$
(1
)
 
$
(13
)
 
$
(15
)
 
$
2

 
$
—

 
$
2