Duke Energy 2012 Annual Report Download - page 266

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PART II
246
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, 2010
(in millions)
Progress
Energy
Parent
Subsidiary
Guarantor
Non-
Guarantor
Subsidiaries Other
Progress
Energy, Inc.
Net cash provided by operating activities $16 $1,181 $1,556 $(222)$
2,531
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures — (1,055) (1,415) 25 (2,445)
Purchases of available-for-sale securities — (6,391) (618) — (7,009)
Proceeds from sales and maturities of available-for-sale securities — 6,395 595 — 6,990
Notes receivable from affi liated companies 15 (2) 188 (201) —
Return of investment in consolidated subsidiaries 54 — — (54) —
Contributions to consolidated subsidiaries (171) — — 171 —
Other 113 63 4 (116) 64
Net cash provided (used) by investing activities 11 (990)(1,246)(175)(2,400)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from the:
Issuance of long-term debt — 591 — — 591
Issuance of common stock 434 — — — 434
Payments for the redemption of long-term debt (100) (308) (1) (1) (410)
Notes payable and commercial paper (140) — — — (140)
Distributions to noncontrolling interests — (3) — (3) (6)
Dividends paid (717) — — — (717)
Distributions to parent — (102) (154) 256 —
Notes payable to affi liated companies — (201) — 201 —
Contributions from parent — 33 152 (185) —
Other — (3) (123) 129 3
Net cash (used) provided by fi nancing activities (523)7 (126)397 (245)
Net (decrease) increase in cash and cash equivalents (496)198 184 — (114)
Cash and cash equivalents at beginning of period 606 72 47 — 725
Cash and cash equivalents at end of period $ 110 $270 $231 $—$611
26. SUBSEQUENT EVENTS
For information on subsequent events related to regulatory matters, commitments and contingencies, debt, preferred stock of subsidiaries, severance and
condensed consolidating statements see Notes 4, 5, 6, 20, 21 and 25, respectively.