Duke Energy 2013 Annual Report Download - page 105

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PART II
DUKE ENERGY FLORIDA, INC.
BALANCE SHEETS
December 31,
(in millions) 2013 2012
ASSETS
Current Assets
Cash and cash equivalents $ 16 $ 131
Receivables (net of allowance for doubtful accounts of $4 at December 31, 2013 and $7 at December 31, 2012) 375 318
Receivables from affiliated companies 3 20
Notes receivable from affiliated companies — 207
Inventory 571 613
Regulatory assets 221 179
Other 182 172
Total current assets 1,368 1,640
Investments and Other Assets
Nuclear decommissioning trust funds 753 629
Other 252 182
Total investments and other assets 1,005 811
Property, Plant and Equipment
Cost 13,863 13,432
Accumulated depreciation and amortization (4,252) (4,072)
Net property, plant and equipment 9,611 9,360
Regulatory Assets and Deferred Debits
Regulatory assets 2,729 3,321
Other 44 48
Total regulatory assets and deferred debits 2,773 3,369
Total Assets $ 14,757 $ 15,180
LIABILITIES AND COMMON STOCKHOLDER’S EQUITY
Current Liabilities
Accounts payable $ 333 $ 412
Accounts payable to affiliated companies 38 44
Notes payable to affiliated companies 181 —
Taxes accrued 66 48
Interest accrued 46 55
Current maturities of long-term debt 11 435
Regulatory liabilities 144 18
Other 445 516
Total current liabilities 1,264 1,528
Long-term Debt 4,875 4,885
Deferred Credits and Other Liabilities
Deferred income taxes 1,829 1,518
Accrued pension and other post-retirement benefit costs 286 610
Asset retirement obligations 833 764
Regulatory liabilities 618 787
Other 255 255
Total deferred credits and other liabilities 3,821 3,934
Commitments and Contingencies
Preferred Stock — 34
Common Stockholder's Equity
Common Stock, no par; 60 million shares authorized; 100 shares outstanding at December 31, 2013 and 2012 1,762 1,762
Retained earnings 3,036 3,037
Accumulated other comprehensive loss (1) —
Total common stockholder’s equity 4,797 4,799
Total Liabilities and Common Stockholder’s Equity $ 14,757 $ 15,180
See Notes to Consolidated Financial Statements