Duke Energy 2012 Annual Report Download - page 262

PART II
242
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)
Condensed Consolidating Balance Sheet
December 31, 2012
(in millions)
Progress
Energy
Parent
Subsidiary
Guarantor
Non-
Guarantor
Subsidiaries Other
Progress
Energy, Inc.
ASSETS
Current Assets
Cash and cash equivalents $ 63 $ 149 $ 19 $ — $ 231
Receivables, net — 321 470 (1) 790
Notes receivable from affi liated companies 603 223 162 (988) —
Inventory — 613 828 — 1,441
Other 73 393 470 (155) 781
Total current assets 739 1,699 1,949 (1,144) 3,243
Investments and Other Assets
Nuclear decommissioning trust funds — 629 1,259 — 1,888
Investment in consolidated subsidiaries 14,238 — — (14,238) —
Goodwill — — — 3,655 3,655
Other 183 228 694 (575) 530
Total investments and other assets 14,421 857 1,953 (11,158) 6,073
Net Property, Plant and Equipment — 9,362 13,190 145 22,697
Regulatory Assets and Deferred Debits
Regulatory assets — 3,321 1,971 — 5,292
Other 23 55 28 (6) 100
Total regulatory assets and deferred debits 23 3,376 1,999 (6) 5,392
Total Assets $15,183 $15,294 $19,091 $(12,163) $37,405
LIABILITIES AND EQUITY
Current Liabilities
Notes payable to affi liated companies $ 840 $ 235 $ 368 $ (988) $ 455
Current maturities of long-term debt — 435 407 1 843
Other 147 1,098 1,398 (154) 2,489
Total current liabilities 987 1,768 2,173 (1,141) 3,787
Long-term Debt 3,992 4,885 4,433 1 13,311
Long-term Debt Payable to Affi liated Companies — 309 — (35) 274
Deferred Credits and Other Liabilities
Deferred income taxes — 932 2,162 (536) 2,558
Asset retirement obligations — 764 1,649 — 2,413
Regulatory liabilities — 787 1,538 144 2,469
Other 23 943 1,375 (26) 2,315
Total deferred credits and other liabilities 23 3,426 6,724 (418) 9,755
Preferred Stock of Subsidiaries — 34 59 — 93
Equity
Common shareholders’ equity 10,181 4,868 5,702 (10,570) 10,181
Noncontrolling interests —4—— 4
Total equity 10,181 4,872 5,702 (10,570) 10,185
Total Liabilities and Equity $15,183 $15,294 $19,091 $(12,163) $37,405