Equity (Tables)

12 Months Ended

Dec. 31, 2011

Equity [Abstract]

Common stock

		2011			2010			2009
(in millions)		Shares		Net Proceeds	Shares		Net Proceeds	Shares		Net Proceeds
Total issuances		2.0	$	53	12.2	$	434	17.5	$	623
Issuances under an underwritten public offering(a)		-		-	-		-	14.4		523
Issuances through 401(k) and/or IPP		-		1	11.2		431	2.5		100
(a)	The shares issued under an underwritten public offering were issued on January 12, 2009, at a public offering price of $37.50.

Earnings per common share

(in millions)		2011	2010	2009
Weighted-average common shares – basic		295.8	290.7	279.4
Net effect of dilutive stock-based compensation plans		0.1	0.1	0.1
	Weighted-average shares – fully diluted	295.9	290.8	279.5

Comprehensive income

			Progress Energy
(in millions)			2011		2010
Cash flow hedges		$	(143)	$	(63)
Pension and other postretirement benefits			(22)		(62)
	Total accumulated other comprehensive loss	$	(165)	$	(125)