Duke Energy 2015 Annual Report Download - page 208

188
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)
Amounts Recognized in the Consolidated Balance Sheets
December 31, 2015
(in millions)
Duke
Energy
Duke
Energy
Carolinas
Progress
Energy
Duke
Energy
Progress
Duke
Energy
Florida
Duke
Energy
Ohio
Duke
Energy
Indiana
Prefunded pension(a) $ 474 $ 252 $ 232 $ 145 $ 84 $ 1 $ 6
Noncurrent pension liability(b) $ 65 $ 4 $ 43 $ 4 $ 39 $ 21 $ —
Net asset recognized $ 409 $ 248 $ 189 $ 141 $ 45 $ (20) $ 6
Regulatory assets $ 1,884 $ 472 $ 771 $ 360 $ 410 $ 79 $ 162
Accumulated other comprehensive (income) loss
Deferred income tax asset $ (45) $ — $ (6) $ — $ — $ — $ —
Prior service credit (4) — — — — — —
Net actuarial loss 130 — 17 — — — —
Net amounts recognized in accumulated other comprehensive loss(c) $ 81 $ — $ 11 $ — $ — $ — $ —
Amounts to be recognized in net periodic pension costs in the next year
Unrecognized net actuarial loss $ 132 $ 31 $ 59 $ 25 $ 31 $ 4 $ 11
Unrecognized prior service credit (16) (8) (3) (2) (1) — —
December 31, 2014
(in millions)
Duke
Energy
Duke
Energy
Carolinas
Progress
Energy
Duke
Energy
Progress
Duke
Energy
Florida
Duke
Energy
Ohio
Duke
Energy
Indiana
Prefunded pension(a) $ 441 $ 247 $ 165 $ 134 $ 28 $ — $ 8
Non-current pension liability(b) $ 50 $ — $ — $ — $ — $ 13 $ —
Net asset recognized $ 391 $ 247 $ 165 $ 134 $ 28 $ (13) $ 8
Regulatory assets $ 1,711 $ 407 $ 753 $ 346 $ 406 $ 65 $ 151
Accumulated other comprehensive (income) loss
Deferred income tax asset $ (51) $ — $ (11) $ — $ — $ — $ —
Prior service credit (5) — — — — — —
Net actuarial loss 140 — 21 — — — —
Net amounts recognized in accumulated other comprehensive loss(c) $ 84 $ — $ 10 $ — $ — $ — $ —
(a) Included in Other within Investments and Other Assets on the Consolidated Balance Sheets.
(b) Included in Accrued pension and other post-retirement benefit costs on the Consolidated Balance Sheets.
(c) Excludes accumulated other comprehensive income of $13 million and $22 million as of December 31, 2015 and 2014, respectively, net of tax, associated with a Brazilian retirement plan.
Information for Plans with Accumulated Benefit Obligation in Excess of Plan Assets
December 31, 2015
(in millions)
Duke
Energy
Progress
Energy
Duke
Energy
Florida
Duke
Energy
Ohio
Projected benefit obligation $ 1,216 $ 611 $ 611 $ 307
Accumulated benefit obligation 1,158 575 575 298
Fair value of plan assets 1,151 574 574 289
December 31, 2014
(in millions)
Duke
Energy
Duke
Energy
Ohio
Projected benefit obligation $ 702 $ 315
Accumulated benefit obligation 672 306
Fair value of plan assets 652 302