Duke Energy 2013 Annual Report Download - page 84

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66
PART II
Years Ended December 31,
(in millions) 2013 2012 2011
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from the:
Issuance of long-term debt $ 3,601 $ 4,170 $ 2,570
Issuance of common stock related to employee benefit plans 923 67
Payments for the:
Redemption of long-term debt (2,761) (2,498) (278)
Redemption of preferred stock of a subsidiary (96) — —
Notes payable and commercial paper 93 278 208
Distributions to noncontrolling interests (15) (25) (26)
Contributions from noncontrolling interests 976 —
Dividends paid (2,188) (1,752) (1,329)
Other 21 (5) (10)
Net cash (used in) provided by financing activities (1,327) 267 1,202
Net increase (decrease) in cash and cash equivalents 77 (686) 440
Cash and cash equivalents at beginning of period 1,424 2,110 1,670
Cash and cash equivalents at end of period $ 1,501 $ 1,424 $ 2,110
Supplemental Disclosures:
Cash paid for interest, net of amount capitalized $ 1,665 $ 1,032 $ 813
Cash (received from) paid for income taxes (202) 72 26
Merger with Progress Energy
Fair value of assets acquired —48,944 —
Fair value of liabilities assumed —30,873 —
Issuance of common stock —18,071 —
Significant non-cash transactions:
Accrued capital expenditures 594 684 409
See Notes to Consolidated Financial Statements
DUKE ENERGY CORPORATION
CONSOLIDATED STATEMENTS OF CASH FLOWS — (Continued)