Duke Energy 2012 Annual Report Download - page 93

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PART II
December 31,
(in millions) 2012 2011
LIABILITIES AND EQUITY
Current Liabilities
Accounts payable $ 2,444 $ 1,433
Notes payable and commercial paper 745 154
Non-recourse notes payable of variable interest entities 312 273
Taxes accrued 459 431
Interest accrued 448 252
Current maturities of long-term debt 3,110 1,894
Other 2,511 1,091
Total current liabilities 10,029 5,528
Long-term Debt 35,499 17,730
Non-recourse Long-Term Debt of Variable Interest Entities 852 949
Deferred Credits and Other Liabilities
Deferred income taxes 10,490 7,581
Investment tax credits 458 384
Accrued pension and other post-retirement benefi t costs 2,520 856
Asset retirement obligations 5,169 1,936
Regulatory liabilities 5,584 2,919
Other 2,221 1,778
Total deferred credits and other liabilities 26,442 15,454
Commitments and Contingencies
Preferred Stock of Subsidiaries 93 —
Equity
Common stock, $0.001 par value, 2 billion shares authorized; 704 million and 445 million shares outstanding at
December 31, 2012 and December 31, 2011, respectively 1 1
Additional paid-in capital 39,279 21,132
Retained earnings 1,889 1,873
Accumulated other comprehensive loss (306) (234)
Total Duke Energy Corporation shareholders’ equity 40,863 22,772
Noncontrolling interests 78 93
Total equity 40,941 22,865
Total Liabilities and Equity $113,856 $ 62,526
See Notes to Consolidated Financial Statements
DUKE ENERGY CORPORATION
Consolidated Balance Sheets — (Continued)