Duke Energy 2013 Annual Report Download - page 204
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186
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)
Amounts Recognized in Accumulated Other Comprehensive Income and Regulatory Assets and Liabilities
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
Regulatory assets, net (decrease) increase $(14) $ 1 $(16) $ (4) $ (3) $— $ (2)
Regulatory liabilities, net increase $ 5 $— $ — $— $ — $— $—
Accumulated other comprehensive (income) loss
Deferred income tax benefit $ — $ — $ 1 $— $ — $— $—
Actuarial losses (gains) arising during the year 2 — (5) — — — —
Prior year service credit arising during the year (1) — — — — — —
Net amount recognized in accumulated other comprehensive loss (income) $ 1 $ — $ (4) $— $— $— $—
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
Regulatory assets, net increase (decrease) $ 34 $ — $ (6) $ (2) $ 1 $— $—
Regulatory liabilities, net increase $ (8) $ — $ — $ — $ — $ — $ —
Accumulated other comprehensive (income) loss
Deferred income tax benefit $ — $ — $ (1) $ — $ — $ — $ —
Actuarial (gains) losses arising during the year (2) — 3 — — — —
Net amount recognized in accumulated other comprehensive (income) loss $ (2) $ — $ 2 $— $— $— $—
Reconciliation of Funded Status to Net Amount Recognized
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
Change in Projected Benefit Obligation
Obligation at prior measurement date $ 335 $ 16 $ 176 $ 38 $ 45 $ 4 $ 5
Service cost 3 — 1 1 — — —
Interest cost 13 1 7 1 1 — —
Actuarial losses (15) 1 (11) (3) (3) (1) —
Settlements (5) — — — — — —
Plan amendments (1) — — — — — —
Transfers —— (21) — — — —
Benefits paid (26) (3) (12) (3) (4) — —
Obligation at measurement date $ 304 $ 15 $140 $ 34 $ 39 $ 3 $ 5
Accumulated Benefit Obligation at measurement date $ 302 $ 15 $140 $ 34 $ 39 $ 3 $ 5
Change in Fair Value of Plan Assets
Plan assets at prior measurement date $ — $— $ — $— $— $— $—
Benefits paid (26) (3) (12) (3) (4) — —
Employer contributions 26 3 12 3 4 — —
Plan assets at measurement date $ — $— $ — $— $— $— $—