Duke Energy 2012 Annual Report Download - page 263

PART II
243
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, 2011
(in millions)
Progress
Energy
Parent
Subsidiary
Guarantor
Non-
Guarantor
Subsidiaries Other
Progress
Energy, Inc.
ASSETS
Current Assets
Cash and cash equivalents $ 117 $ 92 $ 21 $ — $ 230
Receivables, net — 367 516 — 883
Notes receivable from affi liated companies 53 — 219 (272) —
Inventory — 659 770 — 1,429
Other 127 418 297 (64) 778
Total current assets 297 1,536 1,823 (336) 3,320
Investments and Other Assets
Nuclear decommissioning trust funds — 559 1,088 — 1,647
Investment in consolidated subsidiaries 14,043 — — (14,043) —
Goodwill — — — 3,655 3,655
Other 118 189 675 (478) 504
Total investments and other assets 14,161 748 1,763 (10,866) 5,806
Net Property, Plant and Equipment — 10,455 11,677 160 22,292
Regulatory Assets and Deferred Debits
Regulatory assets — 1,629 1,795 — 3,424
Other 22 51 22 (6) 89
Total regulatory assets and deferred debits 22 1,680 1,817 (6) 3,513
Total Assets $14,480 $14,419 $17,080 $(11,048) $34,931
LIABILITIES AND EQUITY
Current Liabilities
Notes payable and commercial paper $ 250 $ 233 $ 188 $ — $ 671
Notes payable to affi liated companies — 238 34 (272) —
Current maturities of long-term debt 450 10 502 (1) 961
Other 199 1,030 1,221 (63) 2,387
Total current liabilities 899 1,511 1,945 (336) 4,019
Long-term Debt 3,543 4,671 3,704 — 11,918
Long-term Debt Payable to Affi liated Companies — 309 — (36) 273
Deferred Credits and Other Liabilities
Deferred income taxes — 757 1,903 (467) 2,193
Asset retirement obligations — 369 896 — 1,265
Regulatory liabilities — 1,024 1,543 160 2,727
Other 17 1,012 1,384 5 2,418
Total deferred credits and other liabilities 17 3,162 5,726 (302) 8,603
Preferred Stock of Subsidiaries —34 59— 93
Equity
Common shareholders’ equity 10,021 4,728 5,646 (10,374) 10,021
Noncontrolling interests — 4 — — 4
Total equity 10,021 4,732 5,646 (10,374) 10,025
Total Liabilities and Equity $14,480 $14,419 $17,080 $(11,048) $34,931