Duke Energy 2011 Annual Report Download - page 139

PART II
DUKE ENERGY CORPORATION •DUKE ENERGY CAROLINAS, LLC •DUKE ENERGY OHIO, INC. •DUKE ENERGY INDIANA, INC.
Combined Notes to Consolidated Financial Statements – (Continued)
Duke Energy Registrants’ Regulatory Assets and Liabilities:
As of December 31, 2011
(in millions)
Duke
Energy
Duke Energy
Carolinas
Duke Energy
Ohio
Duke Energy
Indiana
Recovery/Refund
Period Ends(k)
Regulatory Assets(a)
Vacation accrual $ 150 $ 70 $ 7 $ 13 2012
Under-recovery of fuel costs 38 — 10 28 2012
Hedge costs and other deferrals 4 3 1 — 2012
Post-in-service carrying costs and deferred operating expense(c)(l) 31 28 — 3 2012
Over-distribution of Bulk Power Marketing sharing 41 41 — — 2012
Demand side management costs (DSM costs)/Energy Efficiency 43 25 — 18 2012
Regional Transmission Organization (RTO) costs(m) 17 5 — 12 2012
SmartGrid 9 — 9 — 2012
Gasification services agreement buyout costs 25 — — 25 2012
Other 16 — 1 15 2012
Total Current Regulatory Assets(d) 374 172 28 114
Net regulatory asset related to income taxes(e) 892 668 77 147 (h)
Accrued pension and post-retirement 1,726 734 212 314 (b)
ARO costs 191 191 — — 2043
Gasification services agreement buyout costs 88 — — 88 2018
Deferred debt expense(e) 122 98 8 16 2041
Post-in-service carrying costs and deferred operating expense(c)(l) 119 31 16 72 (h)
Under-recovery of fuel costs 13 13 — — 2013
Hedge costs and other deferrals 166 91 8 67 (b)
Storm cost deferrals 18 — 18 — (b)
Manufactured gas plant environmental costs 69 — 69 — (b)
Smart Grid 32 — 32 — (b)
Gallagher Units 1 & 3 73 — — 73 (b)
RTO costs(m) 80 13 74 — (b)
DSM costs/Energy Efficiency 38 38 — — (b)
Other 45 17 6 21 (b)
Total Non-Current Regulatory Assets 3,672 1,894 520 798
Total Regulatory Assets $4,046 $2,066 $548 $912
Regulatory Liabilities(a)
Nuclear property and insurance reserves $2 $2 $— $— 2012
DSM costs(f) 41 41 — — 2012
Gas purchase costs 20 — 20 — 2012
Over-recovery of fuel costs(f) 6 6 — — 2012
Other 18 13 2 3 2012
Total Current Regulatory Liabilities(g) 87 62 22 3
Removal costs(e) 2,586 1,770 230 590 (j)
Nuclear property and liability reserves 86 86 — — 2043
DSM costs(f)/Energy Efficiency 27 10 17 — (i)
Accrued pension and other post-retirement benefits 117 — 19 70 (b)
Commodity contract termination settlement 23 — — 23 2014
Injuries and damages reserve(e) 38 38 — — (b)
Hedge costs and other deferrals(e) 12 — — — 2016
Other 30 24 7 — (b)
Total Non-Current Regulatory Liabilities 2,919 1,928 273 683
Total Regulatory Liabilities $3,006 $1,990 $295 $686 3
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