Duke Energy 2012 Annual Report Download - page 216

196
PART II
DUKE ENERGY CORPORATION • DUKE ENERGY CAROLINAS, LLC • PROGRESS ENERGY, INC. • CAROLINA POWER & LIGHT COMPANY d/b/a PROGRESS
ENERGY CAROLINAS, INC. • FLORIDA POWER CORPORATION d/b/a PROGRESS ENERY FLORIDA, INC. • DUKE ENERGY OHIO, INC. • DUKE ENERGY INDIANA, INC.
Combined Notes to Consolidated Financial Statements – (Continued)
The table below summarizes the maturity date for debt securities held by Duke Energy Carolinas. The table below excludes auction rate securities based on the
stated maturity date. See Note 16 for information about fair value measurements related to investments in auction rate debt securities.
(in millions) December 31, 2012
Due in one year or less $1
Due after one through fi ve years 153
Due after fi ve through 10 years 201
Due after 10 years 374
Total $729
The above table excludes auction rate securities based on the stated maturity date. See Note 16 for information about fair value measurements related to
investments in auction rate debt securities.
The fair values and gross unrealized losses of available-for-sale debt and equity securities which are in an unrealized loss position for which other-than-
temporary impairment losses have not been recorded, summarized by investment type and length of time that the securities have been in a continuous loss position,
are presented in the table below for Duke Energy Carolinas.
December 31, 2012 December 31, 2011
(in millions) Fair Value
Unrealized
Loss
Position
>12 months
Unrealized
Loss
Position
<12 months Fair Value
Unrealized
Loss
Position
>12 months
Unrealized
Loss
Position
<12 months
NDTF
Equity securities $71 $— $ 5 $111 $ 4 $ 12
Corporate debt securities 35 — 1 5711
Municipal bonds 3—————
U.S. government bonds 62——8——
Other debt securities 36 — 2 11313
Total NDTF $207 $— $ 8 $289 $ 6 $ 16
Other Investments
Auction rate securities 31—12 3 —
Total Other Investments $3 $1 $— $12 $ 3 $—
Total Investments $210 $ 1 $ 8 $301 $ 9 $ 16
Progress Energy
The following table presents the estimated fair value of short-term and long-term investments for Progress Energy. For investments held within the NDTF, and
investments within Grantor Trusts which are classifi ed as Other Investments below, unrealized holding gains and losses are recognized immediately and recorded as
Regulatory assets or Regulatory liabilities on the Consolidated Balance Sheets.