Duke Energy 2012 Annual Report Download - page 121

101
PART II
December 31,
(in millions) 2012 2011
ASSETS
Current Assets
Cash and cash equivalents $ 31 $ 99
Receivables (net of allowance for doubtful accounts of $2 at December 31, 2012
and $16 at December 31, 2011) 108 137
Receivables from affi liated companies 82 143
Notes receivable from affi liated companies 1 401
Inventory 227 243
Other 267 220
Total current assets 716 1,243
Investments and Other Assets
Goodwill 921 921
Intangibles, net 129 143
Other 75 58
Total investments and other assets 1,125 1,122
Property, Plant and Equipment
Cost 10,824 10,632
Accumulated depreciation and amortization (2,698) (2,594)
Net property, plant and equipment 8,126 8,038
Regulatory Assets and Deferred Debits
Regulatory assets 579 520
Other 14 16
Total regulatory assets and deferred debits 593 536
Total Assets $10,560 $10,939
LIABILITIES AND COMMON STOCKHOLDER’S EQUITY
Current Liabilities
Accounts payable $ 318 $ 318
Accounts payable to affi liated companies 62 84
Notes payable to affi liated companies 245 —
Taxes accrued 159 180
Interest accrued 14 23
Current maturities of long-term debt 261 507
Other 126 122
Total current liabilities 1,185 1,234
Long-term Debt 1,736 2,048
Deferred Credits and Other Liabilities
Deferred income taxes 1,853 1,853
Investment tax credits 6 8
Accrued pension and other post-retirement benefi t costs 157 147
Asset retirement obligations 28 27
Regulatory liabilities 254 273
Other 175 182
Total deferred credits and other liabilities 2,473 2,490
Commitments and Contingencies
Common Stockholder’s Equity
Common stock, $8.50 par value, 120,000,000 shares authorized; 89,663,086 shares outstanding
at December 31, 2012 and December 31, 2011 762 762
Additional paid-in capital 4,882 5,085
Accumulated defi cit (477) (652)
Accumulated other comprehensive loss (1) (28)
Total common stockholder’s equity 5,166 5,167
Total Liabilities and Common Stockholder’s Equity $10,560 $10,939
See Notes to Consolidated Financial Statements
DUKE ENERGY OHIO, INC.
Consolidated Balance Sheets