Duke Energy 2013 Annual Report Download - page 203
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185
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)
Expected Benefit Payments
(in millions)
Duke
Energy
Duke
Energy
Carolinas
Progress
Energy
Duke
Energy
Progress
Duke
Energy
Florida
Duke
Energy
Ohio
Duke
Energy
Indiana
Years ending December 31,
2014 $ 667 $ 224 $190 $ 98 $ 68 $ 36 $ 47
2015 643 218 185 92 71 35 45
2016 640 212 190 93 74 34 46
2017 633 205 191 91 77 34 44
2018 623 196 194 91 80 34 46
2019 – 2023 2,933 807 969 422 430 171 227
NON-QUALIFIED PENSION PLANS
Components of Net Periodic Pension Costs
Year Ended December 31, 2013
(in millions)
Duke
Energy
Duke
Energy
Carolinas
Progress
Energy
Duke
Energy
Progress
Duke
Energy
Florida
Duke
Energy
Ohio
Duke
Energy
Indiana
Service cost $ 3 $— $ 1 $ 1 $— $— $—
Interest cost on projected benefit obligation 13 1 7 1 1 — —
Amortization of actuarial loss 5 — 3 1 1 — —
Amortization of prior service credit (1) — (1) — — — —
Net periodic pension costs $20 $ 1 $10 $ 3 $ 2 $— $—
Year Ended December 31, 2012
(in millions)
Duke
Energy
Duke Energy
Carolinas
Progress
Energy
Duke
Energy
Progress
Duke
Energy
Florida
Duke
Energy
Ohio
Duke
Energy
Indiana
Service cost $ 2 $ — $ 2 $ 1 $— $ — $ —
Interest cost on projected benefit obligation 12 1 8 1 2 — —
Amortization of actuarial loss 4 — 5 1 — — —
Amortization of prior service cost (credit) 1 — (1) — — — —
Net periodic pension costs $19 $ 1 $14 $ 3 $ 2 $ — $ —
Year Ended December 31, 2011
(in millions)
Duke
Energy
Duke Energy
Carolinas
Progress
Energy
Duke
Energy
Progress
Duke
Energy
Florida
Duke
Energy
Ohio
Duke
Energy
Indiana
Service cost $ 1 $— $ 2 $ 1 $— $ — $—
Interest cost on projected benefit obligation 8 1 9 2 2 — —
Amortization of actuarial loss — — 3 — 1 — —
Amortization of prior service cost 2 — — — — — —
Net periodic pension costs $ 11 $ 1 $ 14 $ 3 $ 3 $ — $—