Duke Energy 2013 Annual Report Download - page 214

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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)
Duke Energy Master Retirement Trust
The following table provides the fair value measurement amounts for the Duke Energy Master Retirement Trust qualified pension and other post-retirement
assets.
December 31, 2013
(in millions) Total Fair Value Level 1 Level 2 Level 3
Equity securities $2,877 $1,801 $1,022 $ 54
Corporate debt securities 2,604 — 2,601 3
Short-term investment funds 1,158 254 904 —
Partnership interests 307 — — 307
Hedge funds 164 — 111 53
Real estate trusts 95 — — 95
U.S. government securities 927 — 927 —
Guaranteed investment contracts 33 — — 33
Governments bonds – foreign 19 — 18 1
Cash 58 58 — —
Government and commercial mortgage backed securities 7 — 7 —
Net pending transactions and other investments 12 7 5 —
Total assets(a) $8,261 $2,120 $5,595 $546
(a) Duke Energy Carolinas, Progress Energy, Duke Energy Progress, Duke Energy Florida, Duke Energy Ohio and Duke Energy Indiana were allocated approximately 28 percent, 35 percent, 16 percent, 16 percent, 5 percent and
8 percent, respectively, of the Duke Energy Master Retirement Trust assets at December 31, 2013. Accordingly, all Level 1, 2 and 3 amounts included in the table above are allocable to the Subsidiary Registrants using these
percentages.
(in millions)
December 31, 2012
Total Fair Value Level 1 Level 2 Level 3
Equity securities $ 2,993 $1,415 $1,575 $ 3
Corporate debt securities 1,391 — 1,388 3
Short-term investment funds 100 23 77 —
Partnership interests 141 — — 141
Hedge funds 97 — 97 —
Real estate trusts 167 — — 167
U.S. government securities 237 — 237 —
Guarantees investment contracts 37 — — 37
Governments bonds – foreign 65 — 64 1
Cash 4 4 — —
Asset backed securities 14 — 14 —
Net pending transactions and other investments (16) (21) 5 —
Total assets(a) $ 5,230 $1,421 $3,457 $ 352
(a) Duke Energy Carolinas, Duke Energy Ohio and Duke Energy Indiana were allocated approximately 43 percent, 9 percent and 12 percent, respectively, of the Duke Energy Master Retirement Trust assets at December 31, 2012.
Accordingly, all Level 1, 2 and 3 amounts included in the table above are allocable to Duke Energy Carolinas, Duke Energy Ohio and Duke Energy Indiana using these percentages.