Acquisitions and Sales of Other Assets (Tables)

6 Months Ended

Jun. 30, 2012

Megawatts per hour sold under the Interim Mitigation Agreement

Megawatts per hour	Duke Energy Carolinas	Progress Energy Carolinas	Duke Energy
Summer off-peak	300	500	800
Summer on-peak	150	325	475
Winter off-peak	225	―	225
Winter on-peak	25	―	25

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 estimated purchase price	$	18,071

Schedule of Purchase Price Allocation

(in millions)
Current assets	$	3,266
Property, plant and equipment		23,808
Goodwill		12,287
Other long-term assets, excluding goodwill		8,138
Total assets		47,499
Current liabilities, including current maturities of long-term debt		3,536
Long-term liabilities, preferred stock and noncontrolling interests		10,211
Long-term debt		15,681
Total liabilities and preferred stock		29,428
Total estimated purchase price	$	18,071

Pro Forma Information

	Three Months Ended June 30,				Six Months Ended June 30,
(in millions, except per share amounts)	2012		2011		2012		2011
Revenues	$	5,843	$	5,789	$	11,557	$	11,613
Net Income Attributable to Duke Energy Corporation		527		621		984		1,338
Basic and Diluted Earnings Per Share	$	0.75	$	0.89	$	1.40	$	1.91