Duke Energy 2014 Annual Report Download - page 208
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188
PART II
DUKE ENERGY CORPORATION • DUKE ENERGY CAROLINAS, LLC • PROGRESS ENERGY, INC. •
DUKE ENERGY PROGRESS, INC. • DUKE ENERGY FLORIDA, INC. • DUKE ENERGY OHIO, INC. • DUKE ENERGY INDIANA, INC.
Combined Notes to Consolidated Financial Statements – (Continued)
Year Ended December 31, 2013
(in millions)
Duke
Energy
Duke
Energy
Carolinas
Progress
Energy
Duke
Energy
Progress
Duke
Energy
Florida
Duke
Energy
Ohio
Duke
Energy
Indiana
Service cost $ 167 $ 49 $ 60 $ 22 $ 30 $ 6 $ 11
Interest cost on projected benefi t obligation 320 80 116 50 53 21 28
Expected return on plan assets (549) (148) (199) (94) (87) (31) (46)
Amortization of actuarial loss 244 60 101 46 49 13 24
Amortization of prior service (credit) cost (11) (6) (4) (1) (2) — 1
Other 7 2 2 1 1 —1
Net periodic pension costs $ 178 $ 37 $ 76 $ 24 $ 44 $ 9 $ 19
Year Ended December 31, 2012
(in millions)
Duke
Energy
Duke
Energy
Carolinas
Progress
Energy
Duke
Energy
Progress
Duke
Energy
Florida
Duke
Energy
Ohio
Duke
Energy
Indiana
Service cost $ 122 $ 35 $ 63 $ 25 $ 30 $ 6 $ 9
Interest cost on projected benefi t obligation 307 90 127 58 56 31 30
Expected return on plan assets (472) (146) (188) (96) (81) (45) (46)
Amortization of actuarial loss 144 45 93 37 48 10 15
Amortization of prior service cost (credit) 10 1 9 8 (1) 1 1
Other 6 2 2 1 1 — —
Net periodic pension costs $ 117 $ 27 $ 106 $ 33 $ 53 $ 3 $ 9
Amounts Recognized in Accumulated Other Comprehensive Income and Regulatory Assets
Year Ended December 31, 2014
(in millions)
Duke
Energy
Duke
Energy
Carolinas
Progress
Energy
Duke
Energy
Progress
Duke
Energy
Florida
Duke
Energy
Ohio
Duke
Energy
Indiana
Regulatory assets, net increase (decrease) $ 112 $ 30 $ (73) $ (17) $ 11 $ 17 $ 4
Accumulated other comprehensive (income) loss
Deferred income tax expense $ (10) $ — $ (2) $ — $ — $ — $ —
Actuarial losses arising during the year 29 — — — — — —
Prior year service credit arising during the year ———————
Amortization of prior year actuarial losses (9) — — — — — —
Reclassifi cation of actuarial losses to regulatory assets (1) — — — — — —
Net amount recognized in accumulated other comprehensive income $ 9 $— $ (2) $— $— $— $—
Year Ended December 31, 2013
(in millions)
Duke
Energy
Duke
Energy
Carolinas
Progress
Energy
Duke
Energy
Progress
Duke
Energy
Florida
Duke
Energy
Ohio
Duke
Energy
Indiana
Regulatory assets, net decrease $(788) $(205) $(253) $(109) $ (146) $(96) $(99)
Accumulated other comprehensive (income) loss
Deferred income tax benefi t $ 18 $ — $ — $ — $ — $ — $ —
Actuarial gains arising during the year (33) — (2) — — — —
Prior year service credit arising during the year (1) — — — — — —
Amortization of prior year actuarial losses (15) — (3) — — — —
Reclassifi cation of actuarial losses to regulatory assets 3 — — — — — —
Net amount recognized in accumulated other comprehensive income $ (28) $ — $ (5) $ — $ — $ — $ —