Duke Energy 2012 Annual Report Download - page 99

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PART II
December 31,
(in millions) 2012 2011
ASSETS
Current Assets
Cash and cash equivalents $19$ 289
Receivables (net of allowance for doubtful accounts of $3 at December 31, 2012 and December 31, 2011) 188 262
Restricted receivables of variable interest entities (net of allowance for doubtful accounts of $6 at December 31, 2012 and December 31, 2011) 637 581
Receivables from affi liated companies 32
Note receivable from affi liated companies 382 923
Inventory 1,062 917
Other 439 278
Total current assets 2,730 3,252
Investments and Other Assets
Nuclear decommissioning trust funds 2,354 2,060
Other 934 968
Total investments and other assets 3,288 3,028
Property, Plant and Equipment
Cost 34,190 32,840
Accumulated depreciation and amortization (11,437) (11,269)
Generation facilities to be retired, net 73 80
Net property, plant and equipment 22,826 21,651
Regulatory Assets and Deferred Debits
Regulatory assets 1,727 1,894
Other 71 71
Total regulatory assets and deferred debits 1,798 1,965
Total Assets $ 30,642 $ 29,896
LIABILITIES AND MEMBER’S EQUITY
Current Liabilities
Accounts payable $ 599 $ 637
Accounts payable to affi liated companies 128 156
Taxes accrued 114 126
Interest accrued 96 115
Current maturities of long-term debt 406 1,178
Other 490 398
Total current liabilities 1,833 2,610
Long-term Debt 7,735 7,496
Non-recourse Long-term Debt of Variable Interest Entities 300 300
Long-term Debt Payable to Affi liated Companies 300 300
Deferred Credits and Other Liabilities
Deferred income taxes 5,181 4,555
Investment tax credits 215 233
Accrued pension and other post-retirement benefi
t costs 221 248
Asset retirement obligations 1,959 1,846
Regulatory liabilities 2,102 1,928
Other 924 926
Total deferred credits and other liabilities 10,602 9,736
Commitments and Contingencies
Member’s Equity
Member’s Equity 9,888 9,473
Accumulated other comprehensive loss (16) (19)
Total member’s equity 9,872 9,454
Total Liabilities and Member’s Equity $ 30,642 $ 29,896
See Notes to Consolidated Financial Statements
DUKE ENERGY CAROLINAS, LLC
Consolidated Balance Sheets