Variable Interest Entities (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2012

Dec. 31, 2011

Schedule Of Consolidated VIEs

		December 31, 2011
		Duke Energy
		Receivables
		Financing
(in millions)		LLC (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.

CRC Fair Value Assumptions

	Duke Energy Ohio				Duke Energy Indiana
	2012		2011		2012		2011
Anticipated credit loss ratio	0.8	%	0.8	%	0.4	%	0.4	%
Discount rate	1.3	%	2.6	%	1.3	%	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
(in millions)		June 30, 2012		December 31, 2011		June 30, 2012		December 31, 2011
Receivables sold		$	251	$	302	$	307	$	279
Less: Retained interests			102		129		143		139
Net receivables sold		$	149	$	173	$	164	$	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
		Three Months Ended June 30,				Three Months Ended June 30,
(in millions)		2012		2011		2012		2011
Sales
Receivables sold		$	490	$	521	$	701	$	630
Loss recognized on sale		$	3	$	5	$	3	$	4
Cash flows
Cash proceeds from receivables sold		$	484	$	560	$	673	$	646
Collection fees received		$	1	$	―	$	1	$	―
Return received on retained interests		$	1	$	3	$	1	$	3

	Duke Energy Ohio				Duke Energy Indiana
	Six Months Ended June 30,				Six Months Ended June 30,
(in millions)	2012		2011		2012		2011
Sales
Receivables sold	$	1,100	$	1,240	$	1,407	$	1,298
Loss recognized on sale	$	7	$	11	$	6	$	8
Cash flows
Cash proceeds from receivables sold	$	1,120	$	1,337	$	1,397	$	1,355
Collection fees received	$	1	$	-	$	1	$	―
Return received on retained interests	$	3	$	7	$	3	$	7