XML 120 R52.htm IDEA: XBRL DOCUMENT v2.4.0.6
Asset Retirement Obligations (Tables)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Asset Retirement Obligation [Line Items]    
Schedule of Change in Asset Retirement Obligation
    Year Ended December 31, 2012
     Duke   Progress Progress Duke Duke
   Duke Energy Progress Energy Energy Energy Energy
(in millions) Energy Carolinas Energy Carolinas Florida Ohio Indiana
Balance as of January 1,$ 1,936$ 1,846$ 1,265$ 896$ 369$ 27$ 43
Acquisitions(a)  3,062      
Accretion expense(b)  173  118  86  64  22  1  1
Liabilities settled  (15)  (3)  (2)  (2)    (10)
Revisions in estimates of cash flows(c)  (4)  (2)  234   234   (1)
Liabilities incurred in the current year(d)  24   837  698  139   4
Balance as of December 31(e)$ 5,176$ 1,959$ 2,420$ 1,656$ 764$ 28$ 37
                
    Year Ended December 31, 2011
     Duke   Progress Progress Duke Duke
   Duke Energy Progress Energy Energy Energy Energy
(in millions) Energy Carolinas Energy Carolinas Florida Ohio Indiana
Balance as of January 1,$ 1,816$ 1,728$ 1,200$ 849$ 351$ 27$ 46
Accretion expense(b)  111  105  67  49  18  2  2
Liabilities settled  (3)  (1)     (2) 
Revisions in estimates of cash flows  1  9  (2)  (2)    (9)
Liabilities incurred in the current year  11  5      4
Balance as of December 31$ 1,936$ 1,846$ 1,265$ 896$ 369$ 27$ 43
                
(a)Represents asset retirement obligations resulting from the merger with Progress Energy. See Note 2 for additional information.
(b)Substantially all of the accretion expense for the years ended December 31, 2012 and 2011 relates to Duke Energy’s regulated electric operations and has been deferred in accordance with regulatory accounting treatment, as discussed above.
(c)For Progress Energy and Progress Energy Florida, the amounts relate to the retirement of Crystal River Unit 3.
(d)For Progress Energy, Progress Energy Carolinas and Progress Energy Florida, the amounts primarily relate to spent nuclear fuel disposal recorded in the third quarter of 2012 to conform to Duke Energy's assumptions for the types of estimated costs in the asset retirement obligations.
(e)Includes $7 million reported in Other current liabilities on the Consolidated Balance Sheets at Duke Energy, Progress Energy and Progress Energy Carolinas.
Schedule of nuclear operating licenses expiration [Table Text Block]
     
Unit  Year of Expiration
Duke Energy Carolinas   
Catawba Unit 1  2043
Catawba Unit 2  2043
McGuire Unit 1  2041
McGuire Unit 2  2043
Oconee Unit 1  2033
Oconee Unit 2  2033
Oconee Unit 3  2034
Progress Energy Carolinas   
Brunswick Unit 1  2036
Brunswick Unit 2  2034
Harris  2046
Robinson  2030
Progress Energy Florida   
Crystal River Unit 3  2016