Duke Energy 2011 Annual Report Download - page 169

PART II
DUKE ENERGY CORPORATION •DUKE ENERGY CAROLINAS, LLC •DUKE ENERGY OHIO, INC. •DUKE ENERGY INDIANA, INC.
Combined Notes to Consolidated Financial Statements – (Continued)
10. PROPERTY, PLANT AND EQUIPMENT
December 31, 2011
(in millions)
Estimated
Useful Life Duke Energy
Duke Energy
Carolinas
Duke Energy
Ohio
Duke Energy
Indiana
(Years)
Land — $ 745 $ 372 $ 135 $ 88
Plant — Regulated
Electric generation, distribution and transmission(a) 8 – 125 38,330 26,466 3,595 8,269
Natural gas transmission and distribution(a) 12 – 60 1,927 — 1,927 —
Other buildings and improvements(a) 25 –100 672 428 106 138
Plant — Unregulated
Electric generation, distribution and transmission(a) 8 – 100 5,464 — 3,997 —
Other buildings and improvements(a) 18 – 40 2,095 — 192 —
Nuclear fuel — 1,213 1,213 — —
Equipment(a) 3 – 33 863 248 168 134
Construction in process(a) — 7,664 3,774 255 2,992
Other(a) 5 – 33 2,477 499 257 170
Total property, plant and equipment 61,450 33,000 10,632 11,791
Total accumulated depreciation — regulated(b),(c) (16,630) (11,349) (1,916) (3,393)
Total accumulated depreciation — unregulated(c)(d) (2,159) — (678) —
Total net property, plant and equipment $ 42,661 $ 21,651 $ 8,038 $ 8,398
(a) Includes capitalized leases of $444 million, $53 million, $82 million, and $33 million at Duke Energy, Duke Energy Carolinas, Duke Energy Ohio, and Duke Energy Indiana,
respectively.
(b) Includes $578 million of accumulated amortization of nuclear fuel at Duke Energy and Duke Energy Carolinas.
(c) Includes accumulated amortization of capitalized leases of $28 million, an insignificant amount, $11 million and $6 million at Duke Energy, Duke Energy Carolinas, Duke Energy Ohio,
and Duke Energy Indiana, respectively.
(d) Includes accumulated depreciation of VIEs of $62 million at December 31, 2011 at Duke Energy.
December 31, 2010
(in millions)
Estimated
Useful Life Duke Energy
Duke Energy
Carolinas
Duke Energy
Ohio
Duke Energy
Indiana
(Years)
Land(a) — $ 743 $ 357 $ 133 $ 89
Plant — Regulated
Electric generation, distribution and transmission(a) 8 – 125 36,744 24,980 3,483 8,282
Natural gas transmission and distribution(a) 12 – 60 1,815 — 1,815 —
Other buildings and improvements(a) 25 –100 610 366 111 132
Plant — Unregulated
Electric generation, distribution and transmission(a) 8 – 100 5,256 — 3,960 —
Other buildings and improvements(a) 20 – 90 2,108 1 188 —
Nuclear fuel — 1,176 1,176 — —
Equipment(a) 3 – 33 718 166 147 128
Construction in process(a) — 7,015 3,677 182 2,426
Other(a) 5 – 33 2,354 468 240 156
Total property, plant and equipment 58,539 31,191 10,259 11,213
Total accumulated depreciation — regulated(b),(c) (16,273) (11,126) (1,832) (3,341)
Total accumulated depreciation — unregulated(c)(d) (1,922) — (579) —
Total net property, plant and equipment $ 40,344 $ 20,065 $ 7,848 $ 7,872
(a) Includes capitalized leases of $414 million, $134 million, and $53 million at Duke Energy, Duke Energy Ohio, and Duke Energy Indiana, respectively.
(b) Includes $667 million of accumulated amortization of nuclear fuel at Duke Energy and Duke Energy Carolinas.
(c) Includes accumulated amortization of capitalized leases of $31 million, $17 million and $10 million at Duke Energy, Duke Energy Ohio, and Duke Energy Indiana, respectively.
(d) Includes accumulated depreciation of VIEs of $45 million at December 31, 2010 at Duke Energy.
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