Duke Energy 2014 Annual Report Download - page 105

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PART II
December 31,
(in millions) 2014 2013
ASSETS
Current Assets
Cash and cash equivalents $9$21
Receivables (net of allowance for doubtful accounts of $7 at December 31, 2014 and $10 at December 31, 2013) 43 145
Restricted receivables of variable interest entities (net of allowance for doubtful accounts of $5 at December 31, 2014) 436 417
Receivables from affi liated companies 10 2
Notes receivable from affi liated companies 237 —
Inventory 966 853
Regulatory assets 287 127
Other 384 296
Total current assets 2,372 1,861
Investments and Other Assets
Nuclear decommissioning trust funds 1,701 1,539
Other 412 443
Total investments and other assets 2,113 1,982
Property, Plant and Equipment
Cost 24,207 22,273
Accumulated depreciation and amortization (9,021) (8,623)
Net property, plant and equipment 15,186 13,650
Regulatory Assets and Deferred Debits
Regulatory assets 2,675 1,384
Other 34 32
Total regulatory assets and deferred debits 2,709 1,416
Total Assets $22,380 $18,909
LIABILITIES AND COMMON STOCKHOLDER'S EQUITY
Current Liabilities
Accounts payable $ 481 $ 420
Accounts payable to affi liated companies 120 103
Notes payable to affi liated companies —462
Taxes accrued 47 37
Interest accrued 81 70
Current maturities of long-term debt 945 174
Regulatory liabilities 71 63
Other 409 392
Total current liabilities 2,154 1,721
Long-Term Debt 5,256 5,061
Deferred Credits and Other Liabilities
Deferred income taxes 2,908 2,557
Accrued pension and other post-retirement benefi t costs 290 321
Asset retirement obligations 3,905 1,729
Regulatory liabilities 1,832 1,673
Other 168 222
Total deferred credits and other liabilities 9,103 6,502
Commitments and Contingencies
Common Stockholder's Equity
Common stock, no par value, 200 million shares authorized; 160 million shares outstanding at December 31, 2014 and 2013 2,159 2,159
Retained earnings 3,708 3,466
Total common stockholder’s equity 5,867 5,625
Total Liabilities and Common Stockholder's Equity $ 22,380 $18,909
See Notes to Consolidated Financial Statements
DUKE ENERGY PROGRESS, INC.
CONSOLIDATED BALANCE SHEETS