Duke Energy 2015 Annual Report Download - page 179

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PART II
DUKE ENERGY CORPORATION • DUKE ENERGY CAROLINAS, LLC • PROGRESS ENERGY, INC. •
DUKE ENERGY PROGRESS, LLC • DUKE ENERGY FLORIDA, LLC • DUKE ENERGY OHIO, INC. • DUKE ENERGY INDIANA, INC.
Combined Notes to Consolidated Financial Statements – (Continued)
Derivative Assets December 31, 2014
(in millions)
Duke
Energy
Duke Energy
Carolinas
Progress
Energy
Duke Energy
Progress
Duke Energy
Florida
Duke Energy
Ohio
Duke Energy
Indiana
Commodity Contracts
Not Designated as Hedging Instruments
Current Assets: Other $ 18 $ — $ — $ — $ — $ 1 $ 14
Current Assets: Assets held for sale 15 — — — — 28 —
Investments and Other Assets: Other 3 — — — — — —
Investments and Other Assets: Assets held for sale 15 — — — — 26 —
Current Liabilities: Other 1 — — — — — —
Current Liabilities: Assets held for sale 174 — — — — 175 —
Deferred Credits and Other Liabilities: Other 2 — — — — — —
Deferred Credits and Other Liabilities: Assets held for sale 111 — — — — 111 —
Total Derivative Assets – Commodity Contracts $ 339 $ — $ — $ — $ — $ 341 $ 14
Interest Rate Contracts
Designated as Hedging Instruments
Investments and Other Assets: Other $ 10 $ — $ — $ — $ — $ — $ —
Not Designated as Hedging Instruments
Current Assets: Other 2 — 2 — 2 — —
Total Derivative Assets – Interest Rate Contracts $ 12 $ — $ 2 $ — $ 2 $ — $ —
Total Derivative Assets $ 351 $ — $ 2 $ — $ 2 $ 341 $ 14
Derivative Liabilities December 31, 2014
(in millions)
Duke
Energy
Duke Energy
Carolinas
Progress
Energy
Duke Energy
Progress
Duke Energy
Florida
Duke Energy
Ohio
Duke Energy
Indiana
Commodity Contracts
Designated as Hedging Instruments
Current Liabilities: Other $ — $ — $ 1 $ 1 $ — $ — $ —
Not Designated as Hedging Instruments
Current Assets: Assets held for sale — — — — — 4 —
Investments and Other Assets: Assets held for sale — — — — — 4 —
Current Liabilities: Other 307 14 288 108 180 — —
Current Liabilities: Assets held for sale 253 — — — — 252 —
Deferred Credits and Other Liabilities: Other 91 5 80 23 57 — —
Deferred Credits and Other Liabilities: Assets held for sale 208 — — — — 207 —
Total Derivative Liabilities – Commodity Contracts $ 859 $ 19 $ 369 $ 132 $ 237 $ 467 $ —
Interest Rate Contracts
Designated as Hedging Instruments
Current Liabilities: Other $ 13 $ — $ — $ — $ — $ — $ —
Deferred Credits and Other Liabilities: Other 29 — — — — — —
Not Designated as Hedging Instruments
Current Liabilities: Other 1 — — — — 1 —
Deferred Credits and Other Liabilities: Other 7 — 2 — 2 5 —
Total Derivative Liabilities – Interest Rate Contracts $ 50 $ — $ 2 $ — $ 2 $ 6 $ —
Total Derivative Liabilities $ 909 $ 19 $ 371 $ 132 $ 239 $ 473 $ —