Duke Energy 2013 Annual Report Download - page 96

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78
PART II
PROGRESS ENERGY, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS — (Continued)
Years Ended December 31,
(in millions) 2013 2012 2011
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from the:
Issuance of long-term debt $ 845 2,074 1,286
Issuance of common stock related to employee benefit plans —6 53
Payments for the:
Redemption of long-term debt (1,196) (962) (1,010)
Redemption of preferred stock of subsidiaries (96) — —
Payments of short-term debt with original maturities greater than 90 days —(65) —
Proceeds from issuance of short-term debt with original maturities greater than 90 days —65 —
Notes payable and commercial paper —(671) 667
Notes payable to affiliated companies 758 455 —
Distributions to noncontrolling interests (3) (7) (7)
Dividends paid —(445) (734)
Other (6) (7) (39)
Net cash provided by financing activities 302 443 216
Net (decrease) increase in cash and cash equivalents (173) 1 (381)
Cash and Cash Equivalents at Beginning of Period 231 230 611
Cash and Cash Equivalents at End of Period $ 58 $ 231 $ 230
Supplemental Disclosures:
Cash paid for interest, net of amount capitalized $ 678 $ 784 $ 793
Cash received from income taxes (167) (4) (78)
Significant non-cash transactions:
Accrued capital expenditures 255 375 380
Asset retirement obligation additions —837 (4)
Capital expenditures financed through capital leases —140 —
See Notes to Consolidated Financial Statements