Duke Energy 2015 Annual Report Download - page 192

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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)
PROGRESS ENERGY
The following tables provide recorded balances for assets and liabilities measured at fair value on a recurring basis on the Consolidated Balance Sheets.
Derivative amounts in the table below exclude cash collateral, which is disclosed in Note 14. See Note 15 for additional information related to investments by major
security type.
December 31, 2015
(in millions) Total Fair Value Level 1 Level 2 Level 3
Nuclear decommissioning trust fund equity securities $1,496 $1,496 $ — $ —
Nuclear decommissioning trust fund debt securities 1,283 426 857 —
Other available-for-sale debt securities 63 18 45 —
Derivative assets 11 — 11 —
Total assets 2,853 1,940 913 —
Derivative liabilities (322) — (322) —
Net assets $2,531 $1,940 $ 591 $ —
December 31, 2014
(in millions) Total Fair Value Level 1 Level 2 Level 3
Nuclear decommissioning trust fund equity securities $ 1,488 $ 1,488 $ — $ —
Nuclear decommissioning trust fund debt securities 1,029 510 519 —
Other trading and available-for-sale debt securities 58 15 43 —
Derivative assets 4 — 4 —
Total assets 2,579 2,013 566 —
Derivative liabilities (373) — (373) —
Net assets $ 2,206 $ 2,013 $ 193 $ —
DUKE ENERGY PROGRESS
The following tables provide recorded balances for assets and liabilities measured at fair value on a recurring basis on the Consolidated Balance Sheets.
Derivative amounts in the table below exclude cash collateral which is disclosed in Note 14. See Note 15 for additional information related to investments by major
security type.
December 31, 2015
(in millions) Total Fair Value Level 1 Level 2 Level 3
Nuclear decommissioning trust fund equity securities $1,178 $1,178 $ — $ —
Nuclear decommissioning trust fund debt securities and other 860 141 719 —
Other available-for-sale debt securities and other 1 1 — —
Derivative assets 2 — 2 —
Total assets 2,041 1,320 721 —
Derivative liabilities (98) — (98) —
Net assets $1,943 $1,320 $ 623 $ —
December 31, 2014
(in millions) Total Fair Value Level 1 Level 2 Level 3
Nuclear decommissioning trust fund equity securities $ 1,171 $1,171 $ — $—
Nuclear decommissioning trust fund debt securities and other 540 151 389 —
Total assets 1,711 1,322 389 —
Derivative liabilities (132) — (132) —
Net assets $ 1,579 $1,322 $ 257 $—