Duke Energy 2013 Annual Report Download - page 100

82
PART II
December 31,
(in millions) 2013 2012
ASSETS
Current Assets
Cash and cash equivalents $ 21 $ 18
Receivables (net of allowance for doubtful accounts of $10 at December 31, 2013 and $9 at December 31, 2012) 145 458
Restricted receivables of variable interest entities 417 —
Receivables from affiliated companies 2 5
Inventory 853 828
Regulatory assets 127 77
Other 296 236
Total current assets 1,861 1,622
Investments and Other Assets
Nuclear decommissioning trust funds 1,539 1,259
Other 443 251
Total investments and other assets 1,982 1,510
Property, Plant and Equipment
Cost 22,273 21,184
Accumulated depreciation and amortization (8,623) (8,185)
Generation facilities to be retired, net — 63
Net property, plant and equipment 13,650 13,062
Regulatory Assets and Deferred Debits
Regulatory assets 1,384 1,845
Other 32 29
Total regulatory assets and deferred debits 1,416 1,874
Total Assets $18,909 $18,068
LIABILITIES AND COMMON STOCKHOLDER’S EQUITY
Current Liabilities
Accounts payable $ 420 $ 542
Accounts payable to affiliated companies 103 76
Notes payable to affiliated companies 462 364
Taxes accrued 37 23
Interest accrued 70 69
Current maturities of long-term debt 174 407
Regulatory liabilities 63 10
Other 392 507
Total current liabilities 1,721 1,998
Long-term Debt 5,061 4,433
Deferred Credits and Other Liabilities
Deferred income taxes 2,557 2,162
Accrued pension and other post-retirement benefit costs 321 715
Asset retirement obligations 1,729 1,649
Regulatory liabilities 1,673 1,538
Other 222 387
Total deferred credits and other liabilities 6,502 6,451
Commitments and Contingencies
Preferred Stock — 59
Common Stockholder's Equity
Common stock, no par value, 200 million shares authorized; 160 million shares outstanding at December 31, 2013 and 2012 2,159 2,159
Retained earnings 3,466 2,968
Total common stockholder’s equity 5,625 5,127
Total Liabilities and Common Stockholder’s Equity $18,909 $18,068
See Notes to Consolidated Financial Statements
DUKE ENERGY PROGRESS, INC.
CONSOLIDATED BALANCE SHEETS