Duke Energy 2012 Annual Report Download - page 264

PART II
244
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 Statement of Cash Flows
Year Ended December 31, 2012
(in millions)
Progress
Energy
Parent
Subsidiary
Guarantor
Non-
Guarantor
Subsidiaries Other
Progress
Energy, Inc.
Net cash provided by operating activities $ 327 $ 853 $ 1,143 $(483) $ 1,840
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures — (809) (1,557) — (2,366)
Purchases of available-for-sale securities — (792) (582) — (1,374)
Proceeds from sales and maturities of available-for-sale securities — 792 532 1 1,325
Notes receivable from affi liated companies (550) (223) 56 717 —
Other 25 18 92 (2) 133
Net cash used by investing activities (525) (1,014) (1,459) 716 (2,282)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from the:
Issuance of long-term debt 444 642 988 — 2,074
Issuance of common stock 6 — — — 6
Payments for the redemption of long-term debt (450) (10) (502) — (962)
Notes payable and commercial paper (250) (233) (188) — (671)
Distributions to noncontrolling interests — (4) — (3) (7)
Dividends paid (445) — — — (445)
Distributions to parent — (173) (310) 483 —
Notes payable to affi liated companies 840 (3) 334 (716) 455
Other (1) (1) (8) 3 (7)
Net cash provided by fi nancing activities 144 218 314 (233) 443
Net (decrease) increase in cash and cash equivalents (54) 57 (2) — 1
Cash and cash equivalents at beginning of period 117 92 21 — 230
Cash and cash equivalents at end of period $ 63 $ 149 $ 19 $ — $ 231