Duke Energy 2014 Annual Report Download - page 115

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PART II
December 31,
(in millions) 2014 2013
ASSETS
Current Assets
Cash and cash equivalents $20$36
Receivables (net of allowance for doubtful accounts of $2 at December 31, 2014 and December 31, 2013) 93 121
Receivables from affi liated companies 107 121
Notes receivable from affi liated companies 145 57
Inventory 97 229
Assets held for sale 316 —
Regulatory assets 49 57
Other 167 270
Total current assets 994 891
Investments and Other Assets
Goodwill 920 920
Assets held for sale 2,605 —
Other 23 232
Total investments and other assets 3,548 1,152
Property, Plant and Equipment
Cost 7,141 11,143
Accumulated depreciation and amortization (2,213) (2,908)
Generation facilities to be retired, net 9—
Net property, plant and equipment 4,937 8,235
Regulatory Assets and Deferred Debits
Regulatory assets 512 471
Other 814
Total regulatory assets and deferred debits 520 485
Total Assets $ 9,999 $ 10,763
LIABILITIES AND COMMON STOCKHOLDER'S EQUITY
Current Liabilities
Accounts payable $ 209 $ 319
Accounts payable to affi liated companies 74 77
Notes payable to affi liated companies 491 43
Taxes accrued 163 167
Interest accrued 19 17
Current maturities of long-term debt 157 47
Liabilities associated with assets held for sale 246 —
Regulatory liabilities 10 27
Other 66 110
Total current liabilities 1,435 807
Long-Term Debt 1,584 2,141
Long-Term Debt Payable to Affi liated Companies 25 —
Deferred Credits and Other Liabilities
Deferred income taxes 1,765 2,012
Accrued pension and other post-retirement benefi t costs 48 58
Liabilities associated with assets held for sale 34 —
Asset retirement obligations 27 28
Regulatory liabilities 241 262
Other 166 186
Total deferred credits and other liabilities 2,281 2,546
Commitments and Contingencies
Common Stockholder's Equity
Common stock, $8.50 par value, 120,000,000 shares authorized; 89,663,086 shares outstanding at December 31, 2014 and 2013 762 762
Additional paid-in capital 4,782 4,882
Accumulated defi cit (870) (375)
Total common stockholder’s equity 4,674 5,269
Total Liabilities and Common Stockholder’s Equity $ 9,999 $ 10,763
See Notes to Consolidated Financial Statements
DUKE ENERGY OHIO, INC.
CONSOLIDATED BALANCE SHEETS