Duke Energy 2015 Annual Report Download - page 123

103
PART II
December 31,
(in millions) 2015 2014
ASSETS
Current Assets
Cash and cash equivalents $ 9 $ 6
Receivables (net of allowance for doubtful accounts of $1 at December 31, 2015 and December 31, 2014) 96 87
Receivables from affiliated companies 71 115
Notes receivable from affiliated companies 83 —
Inventory 570 537
Regulatory assets 102 93
Other 15 326
Total current assets 946 1,164
Investments and Other Assets 212 251
Property, Plant and Equipment
Cost 14,007 13,034
Accumulated depreciation and amortization (4,484) (4,219)
Net property, plant and equipment 9,523 8,815
Regulatory Assets and Deferred Debits
Regulatory assets 716 685
Other 22
Total regulatory assets and deferred debits 718 687
Total Assets $ 11,399 $ 10,917
LIABILITIES AND EQUITY
Current Liabilities
Accounts payable $ 189 $ 179
Accounts payable to affiliated companies 83 58
Notes payable to affiliated companies —71
Taxes accrued 89 54
Interest accrued 56 56
Current maturities of long-term debt 547 5
Regulatory liabilities 62 54
Other 97 98
Total current liabilities 1,123 575
Long-Term Debt 3,071 3,614
Long-Term Debt Payable to Affiliated Companies 150 150
Deferred Credits and Other Liabilities
Deferred income taxes 1,657 1,591
Investment tax credits 138 139
Accrued pension and other post-retirement benefit costs 80 82
Asset retirement obligations 525 32
Regulatory liabilities 754 796
Other 65 90
Total deferred credits and other liabilities 3,219 2,730
Commitments and Contingencies
Equity
Common Stock, no par; $0.01 stated value, 60,000,000 shares authorized; 53,913,701 shares outstanding at December 31, 2015 and December 31, 2014 11
Additional paid-in capital 1,384 1,384
Retained earnings 2,450 2,460
Accumulated other comprehensive income 13
Total equity 3,836 3,848
Total Liabilities and Equity $ 11,399 $ 10,917
See Notes to Consolidated Financial Statements
DUKE ENERGY INDIANA, INC. (subsequently DUKE ENERGY INDIANA, LLC)
CONSOLIDATED BALANCE SHEETS