Duke Energy 2013 Annual Report Download - page 184

166
PART II
DUKE ENERGY CORPORATION • DUKE ENERGY CAROLINAS, LLC • PROGRESS ENERGY, INC. •
DUKE ENERGY PROGRESS, INC. • DUKE ENERGY FLORIDA, INC. • DUKE ENERGY OHIO, INC. • DUKE ENERGY INDIANA, INC.
Combined Notes to Consolidated Financial Statements – (Continued)
December 31, 2012
Investments
Derivatives
(net) Total
Balance at December 31, 2011 $ 65 $ — $ 65
Total pretax gains included in comprehensive income 2 — 2
Purchases, sales, issuances and settlements:
Purchases 14 — 14
Issuances — (14) (14)
Sales (2) — (2)
Settlements (11) 2 (9)
Total gains included on the Consolidated Balance Sheet as regulatory assets or liabilities 4 — 4
Balance at December 31, 2012 $ 72 $ (12) $ 60
December 31, 2011
(in millions) Investments
Derivatives
(net) Total
Balance at December 31, 2010 $ 59 $ — $59
Purchases, sales, issuances and settlements:
Purchases 8 — 8
Sales (3) — (3)
Total gains included on the Consolidated Balance Sheet as regulatory assets or liabilities 1 — 1
Balance at December 31, 2011 $ 65 $ — $65
PROGRESS ENERGY
The following tables provide recorded balances for assets and liabilities measured at fair value on a recurring basis end on the Consolidated Balance Sheets.
Derivative amounts in the table below exclude cash collateral, which is disclosed in Note 14. See Note 15 for additional information related to investments by major
security type.
December 31, 2013
(in millions) Total Fair Value Level 1 Level 2 Level 3
Nuclear decommissioning trust fund equity securities $1,615 $1,615 $ — $ —
Nuclear decommissioning trust fund debt securities and other 677 233 444 —
Other trading and available-for-sale debt securities and other(a) 58 19 39 —
Derivative assets(b) 3 — 3 —
Total assets 2,353 1,867 486 —
Derivative liabilities(c) (187) — (187) —
Net assets $2,166 $1,867 $ 299 $ —
December 31, 2012
(in millions) Total Fair Value Level 1 Level 2 Level 3
Nuclear decommissioning trust fund equity securities $ 1,245 $ 1,239 $ 6 $ —
Nuclear decommissioning trust fund debt securities and other 643 162 481 —
Other trading and available-for-sale debt securities and other(a) 57 17 40 —
Derivative assets(b) 11 — 11 —
Total assets 1,956 1,418 538 —
Derivative liabilities(c) (440) — (402) (38)
Net assets $ 1,516 $ 1,418 $ 136 $(38)
(a) Included in Other within Investments and Other Assets in the Consolidated Balance Sheets.
(b) Included in Other within Current Assets and Other within Investments and Other Assets in the Consolidated Balance Sheets.
(c) Included in Other within Current Liabilities and Other within Deferred Credits and Other Liabilities in the Consolidated Balance Sheets.