Duke Energy 2011 Annual Report Download - page 192

PART II
DUKE ENERGY CORPORATION •DUKE ENERGY CAROLINAS, LLC •DUKE ENERGY OHIO, INC. •DUKE ENERGY INDIANA, INC.
Combined Notes to Consolidated Financial Statements – (Continued)
Derivatives
(net)
Pre-tax amounts included in the Consolidated Statements of Operations related to Level 3 measurements outstanding at December 31,
2010:
Revenue, non-regulated electric and other $17
Total $17
Year Ended December 31, 2009
Balance at January 1, 2009 $8
Total pre-tax realized and unrealized (losses) gains included in earnings:
Revenue, non-regulated electric and other (6)
Fuel used in electric generation and purchased power-non-regulated 16
Total pre-tax gains included in other comprehensive income:
Gains on commodity cash flow hedges 1
Net purchases, sales, issuances and settlements 6
Total losses included on the Consolidated Balance Sheet as regulatory asset or liability or as non-current liability (18)
Balance at December 31, 2009 $7
Pre-tax amounts included in the Consolidated Statements of Operations related to Level 3 measurements outstanding at December 31,
2009:
Fuel used in electric generation and purchased power-non-regulated (12)
Total $(12)
Duke Energy Indiana
The following tables provide the fair value measurement amounts for assets and liabilities recorded on Duke Energy Indiana’s Consolidated
Balance Sheets at fair value at December 31, 2011 and December 31, 2010. Amounts presented in the tables below exclude cash collateral
amounts.
(in millions)
Total Fair Value
Amounts at
December 31,
2011 Level 1 Level 2 Level 3
Description
Available-for-sale equity securities(a) $46 $46 $ — $—
Available-for-sale debt securities(a) 28 — 28 —
Derivative assets(b) 4—— 4
Total Assets 78 46 28 4
Derivative liabilities(c) (69) (1) (68) —
Net Assets $ 9 $45 $(40) $ 4
(a) Included in Other within Investments and Other Assets on the Consolidated Balance Sheets.
(b) Included in Other within Current Assets on the Consolidated Balance Sheets.
(c) Included in Other within Current Liabilities and Other within Deferred Credits and Other Liabilities on the Consolidated Balance Sheets.
(in millions)
TotalFairValue
Amounts at
December 31,
2010 Level 1 Level 2 Level 3
Description
Available-for-sale equity securities(a) $47 $47 $ — $—
Available-for-sale debt securities(a) 26 — 26 —
Derivative assets(b) 4—— 4
Total Assets 77 47 26 4
Derivative liabilities(c) (2) — (2) —
Net Assets $75 $47 $24 $ 4
(a) Included in Other within Investments and Other Assets on the Consolidated Balance Sheets.
(b) Included in Other within Current Assets on the Consolidated Balance Sheets.
(c) Included in Other within Current Liabilities and Other within Deferred Credits and Other Liabilities on the Consolidated Balance Sheets.
172