Duke Energy 2011 Annual Report Download - page 99

PART II
DUKE ENERGY CORPORATION
Consolidated Balance Sheets — (Continued)
December 31,
(In millions, except per-share amounts) 2011 2010
LIABILITIES AND EQUITY
Current Liabilities
Accounts payable $1,433 $ 1,387
Notes payable and commercial paper 154 —
Non-recourse notes payable of variable interest entities 273 216
Taxes accrued 431 412
Interest accrued 252 237
Current maturities of long-term debt 1,894 275
Other 1,091 1,370
Total current liabilities 5,528 3,897
Long-term Debt 17,730 16,959
Non-recourse Long-term Debt of Variable Interest Entities 949 976
Deferred Credits and Other Liabilities
Deferred income taxes 7,581 6,978
Investment tax credits 384 359
Accrued pension and other post-retirement benefit costs 856 944
Asset retirement obligations 1,936 1,816
Regulatory liabilities 2,919 2,876
Other 1,778 1,632
Total deferred credits and other liabilities 15,454 14,605
Commitments and Contingencies
Equity
Common Stock, $0.001 par value, 2 billion shares authorized; 1,336 million and 1,329 million shares outstanding at
December 31, 2011 and December 31, 2010, respectively 11
Additional paid-in capital 21,132 21,023
Retained earnings 1,873 1,496
Accumulated other comprehensive (loss) income (234) 2
Total Duke Energy Corporation shareholders’ equity 22,772 22,522
Noncontrolling interests 93 131
Total equity 22,865 22,653
Total Liabilities and Equity $62,526 $59,090
See Notes to Consolidated Financial Statements
79