Duke Energy 2014 Annual Report Download - page 101

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PART II
PROGRESS ENERGY, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS – (Continued)
Years Ended December 31,
(in millions) 2014 2013 2012
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from the:
Issuance of long-term debt $ 1,572 $ 845 $ 2,074
Issuance of common stock related to employee benefi t plans ——6
Payments for the:
Redemption of long-term debt (931) (1,196) (962)
Redemption of preferred stock of subsidiaries —(96) —
Proceeds from the issuance of short-term debt with original maturities greater than 90 days ——65
Payments for the redemption of short-term debt with original maturities greater than 90 days —— (65)
Notes payable and commercial paper —— (671)
Notes payable to affi liated companies (378) 758 455
Distributions to noncontrolling interests (37) (3) (7)
Dividends paid —— (445)
Other (42) (6) (7)
Net cash provided by fi nancing activities 184 302 443
Net (decrease) increase in cash and cash equivalents (16) (173) 1
Cash and Cash Equivalents at Beginning of Period 58 231 230
Cash and Cash Equivalents at End of Period $42 $ 58 $ 231
Supplemental Disclosures:
Cash paid for interest, net of amount capitalized $ 664 $ 678 $ 784
Cash paid for (received from) income taxes 141 (167) (4)
Signifi cant non-cash transactions:
Accrued capital expenditures 294 255 375
Asset retirement obligation additions for spent nuclear fuel disposal related to the Progress Energy merger —— 837
Capital expenditures fi nanced through capital leases —— 140
See Notes to Consolidated Financial Statements