XML 89 R45.htm IDEA: XBRL DOCUMENT v3.8.0.1
Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2017
Goodwill [Line Items]  
Goodwill By Reportable Operating Segment
The following table presents goodwill by reportable operating segment for Duke Energy included on Duke Energy's Consolidated Balance Sheets at December 31, 2017, and 2016.
 
Electric Utilities

 
Gas Utilities

 
Commercial

 
 
(in millions)
and Infrastructure

 
and Infrastructure

 
Renewables

 
Total

Goodwill Balance at December 31, 2016
$
17,379

 
$
1,924

 
$
122

 
$
19,425

Accumulated impairment charges(a)
—

 
—

 
(29
)
 
(29
)
Goodwill at December 31, 2017
$
17,379

 
$
1,924

 
$
93

 
$
19,396


(a)
Duke Energy evaluated the recoverability of goodwill during 2017 and recorded impairment charges of $29 million related to the Energy Management Solutions reporting unit within the Commercial Renewables segment. The fair value of the reporting unit was determined based on the market approach.
Schedule of Intangible Assets
The following tables show the carrying amount and accumulated amortization of intangible assets included in Other within Other Noncurrent Assets on the Consolidated Balance Sheets of the Duke Energy Registrants at December 31, 2017 and 2016.
 
December 31, 2017
 
 
 
Duke

 
 
 
Duke

 
Duke

 
Duke

 
Duke

 
 
 
Duke

 
Energy

 
Progress

 
Energy

 
Energy

 
Energy

 
Energy

 
 
(in millions)
Energy

 
Carolinas

 
Energy

 
Progress

 
Florida

 
Ohio

 
Indiana

 
Piedmont

Emission allowances
$
19

 
$
1

 
$
5

 
$
2

 
$
3

 
$
—

 
$
13

 
$
—

Renewable energy certificates
148

 
38

 
107

 
107

 
—

 
3

 
—

 
—

Natural gas, coal and power contracts
24

 
—

 
—

 
—

 
—

 
—

 
24

 
—

Renewable operating and development projects
79

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Other
6

 
—

 
—

 
—

 
—

 
—

 
—

 
3

Total gross carrying amounts
276

 
39

 
112

 
109

 
3

 
3

 
37

 
3

Accumulated amortization – natural gas, coal and power contracts
(19
)
 
—

 
—

 
—

 
—

 
—

 
(19
)
 
—

Accumulated amortization – renewable operating and development projects
(22
)
 
—

 
—

 
—

 
—

 
—

 
—

 
—

Accumulated amortization – other
(5
)
 
—

 
—

 
—

 
—

 
—

 
—

 
(3
)
Total accumulated amortization
(46
)
 
—

 
—

 
—

 
—

 
—

 
(19
)
 
(3
)
Total intangible assets, net
$
230


$
39


$
112


$
109


$
3


$
3


$
18

 
$
—

 
December 31, 2016
 
 
 
 
 
Duke

 
 
 
Duke

 
Duke

 
Duke

 
Duke

 
 
 
Duke

 
Energy

 
Progress

 
Energy

 
Energy

 
Energy

 
Energy

 
 
(in millions)
Energy

 
Carolinas

 
Energy

 
Progress

 
Florida

 
Ohio

 
Indiana

 
Piedmont

Emission allowances
$
19

 
$
1

 
$
6

 
$
2

 
$
4

 
$
—

 
$
13

 
$
—

Renewable energy certificates
125

 
36

 
84

 
84

 
—

 
4

 
—

 
—

Natural gas, coal and power contracts
24

 
—

 
—

 
—

 
—

 
—

 
24

 
—

Renewable operating and development projects
97

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Other
6

 
—

 
—

 
—

 
—

 
—

 
—

 
3

Total gross carrying amounts
271

 
37

 
90

 
86

 
4

 
4

 
37

 
3

Accumulated amortization – natural gas, coal and power contracts
(17
)
 
—

 
—

 
—

 
—

 
—

 
(17
)
 
—

Accumulated amortization – renewable operating and development projects
(23
)
 
—

 
—

 
—

 
—

 
—

 
—

 
—

Accumulated amortization – other
(5
)
 
—

 
—

 
—

 
—

 
—

 
—

 
(3
)
Total accumulated amortization
(45
)
 
—

 
—

 
—

 
—

 
—

 
(17
)
 
(3
)
Total intangible assets, net
$
226


$
37


$
90


$
86


$
4


$
4


$
20

 
$
—
Schedule of Amortization Expense
The following table presents amortization expense for natural gas, coal and power contracts, renewable operating projects and other intangible assets.
 
December 31,
(in millions)
2017

 
2016

 
2015

Duke Energy
$
7

 
$
6

 
$
5

Duke Energy Indiana
1

 
1

 
1
Schedule of Expected Amortization Expense
The amortization amounts discussed below are estimates and actual amounts may differ from these estimates due to such factors as changes in consumption patterns, sales or impairments of emission allowances or other intangible assets, delays in the in-service dates of renewable assets, additional intangible acquisitions and other events.
(in millions)
2018

 
2019

 
2020

 
2021

 
2022

Duke Energy
$
3

 
$
2

 
$
2

 
$
2

 
$
2

Duke Energy Indiana
1

 
—

 
—

 
—

 
—