Duke Energy 2012 Annual Report Download - page 105

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PART II
December 31,
(in millions) 2012 2011
LIABILITIES AND EQUITY
Current Liabilities
Accounts payable $ 1,066 $ 968
Accounts payable to affi liated companies 30 —
Notes payable and commercial paper — 671
Notes payable to affi liated companies 455 —
Taxes accrued 83 56
Interest accrued 192 200
Current maturities of long-term debt 843 961
Other 1,118 1,163
Total current liabilities 3,787 4,019
Long-term Debt 13,311 11,918
Long-term Debt Payable to Affi liated Companies 274 273
Deferred Credits and Other Liabilities
Deferred income taxes 2,558 2,193
Investment tax credits 95 103
Accrued pension and other post-retirement benefi t costs 1,608 1,625
Asset retirement obligations 2,413 1,265
Regulatory liabilities 2,469 2,727
Other 612 690
Total deferred credits and other liabilities 9,755 8,603
Commitments and Contingencies
Preferred Stock of Subsidiaries 93 93
Equity
Common stock, $0.01 par value, 100 shares authorized, issued and outstanding at December 31, 2012; no par value, 500 million shares authorized,
295 million shares issued and outstanding at December 31, 2011 — 7,418
Additional paid-in capital 7,465 16
Retained earnings 2,783 2,752
Accumulated other comprehensive loss (67) (165)
Total common shareholders’ equity 10,181 10,021
Noncontrolling interests 4 4
Total equity 10,185 10,025
Total Liabilities and Equity $ 37,405 $ 34,931
See Notes to Consolidated Financial Statements
PROGRESS ENERGY, INC.
Consolidated Balance Sheets — (Continued)