Duke Energy 2011 Annual Report Download - page 118
Download and view the complete annual report
Please find page 118 of the 2011 Duke Energy annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108 -
109 -
110 -
111 -
112 -
113 -
114 -
115 -
116 -
117 -
118 -
119 -
120 -
121 -
122 -
123 -
124 -
125 -
126 -
127 -
128 -
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
-
222
-
223
-
224
-
225
-
226
-
227
-
228
-
229
-
230
-
231
-
232
-
233
-
234
-
235
-
236
-
237
-
238
-
239
-
240
-
241
-
242
-
243
-
244
-
245
-
246
-
247
-
248
-
249
-
250
-
251
-
252
-
253
-
254
-
255
-
256
-
257
-
258
-
259
-
260
-
261
-
262
-
263
-
264
-
265
-
266
-
267
-
268
-
269
-
270
-
271
-
272
-
273
-
274
-
275
 |
 |
PART II
DUKE ENERGY INDIANA, INC.
Consolidated Statements of Cash Flows
Years Ended December 31,
(In millions) 2011 2010 2009
CASH FLOWS FROM OPERATING ACTIVITIES
Net income $ 168 $285$201
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization 395 380 407
Equity component of AFUDC (88) (56) (29)
Losses on sales of other assets and other, net —24
Impairment charges 234 44 —
Deferred income taxes and investment tax credit amortization (63) 143 109
Contributions to qualified pension plans (52) (46) (140)
Accrued pension and other post-retirement benefit costs 23 23 23
(Increase) decrease in
Receivables 88 (99) 31
Inventory (64) 46 (96)
Other current assets 13 (14) 50
Increase (decrease) in
Accounts payable (9) (21) (19)
Taxes accrued 29 —(1)
Other current liabilities (16) 17 (25)
Other assets 47 421
Other liabilities (72) (46) (24)
Net cash provided by operating activities 633 662 512
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures (1,066) (1,255) (1,029)
Purchases of available-for-sale securities (11) (24) (73)
Proceeds from sales and maturities of available-for-sale securities 825 84
Purchases of emission allowances (2) (1) (68)
Sales of emission allowances 137
Notes due from affiliate 115 (84) 90
Change in restricted cash 6(6) 9
Other (4) (4) (12)
Net cash used in investing activities (953) (1,346) (992)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from the issuance of long-term debt —571 949
Payments for the redemption of long-term debt (14) (199) (728)
Notes payable to affiliate 300 ——
Capital contribution from parent —350 140
Other (4) (4) (5)
Net cash provided by financing activities 282 718 356
Net (decrease) increase in cash and cash equivalents (38) 34 (124)
Cash and cash equivalents at beginning of period 54 20 144
Cash and cash equivalents at end of period $ 16 $54$20
Supplemental Disclosures
Cash paid for interest, net of amount capitalized $ 130 $122 $141
Cash paid for income taxes $90$31$ —
Significant non-cash transactions:
Accrued capital expenditures $ 110 $131$150
See Notes to Consolidated Financial Statements
98