v2.4.0.8
Commitments and Contingencies (Table)
 9 Months Ended
Sep. 30, 2014
Valuation and Qualifying Accounts Disclosure [Line Items]  
Schedule of Loss Contingencies
The table below presents recorded reserves based on management’s best estimate of probable loss for legal matters discussed above, excluding asbestos related reserves. Reserves are classified on the Condensed Consolidated Balance Sheets in Other within Deferred Credits and Other Liabilities and Other within Current Liabilities. The reasonably possible range of loss for all non-asbestos related matters in excess of recorded reserves is not material.
(in millions)
September 30, 2014

 
December 31, 2013

Reserves for Legal Matters
 
 
 
Duke Energy
$
227

 
$
204

Progress Energy
70

 
78

Duke Energy Progress
9

 
10

Duke Energy Florida
41

 
43
Schedule of Additional Possible Losses in Excess of Recorded Environmental Reserves
Additional losses in excess of recorded reserves that could be incurred for the stages of investigation, remediation, and monitoring for environmental sites that have been evaluated at this time are presented in the table below.
(in millions)
 
Duke Energy
$
83

Duke Energy Carolinas
25

Progress Energy
9

Duke Energy Progress
2

Duke Energy Florida
7

Duke Energy Ohio
42

Duke Energy Indiana
7
Reserve for Environmental Costs [Member]
  
Valuation and Qualifying Accounts Disclosure [Line Items]  
Schedule of Loss Contingencies
The following table contains information regarding reserves for probable and estimable costs related to the various environmental sites. These reserves are recorded in Other within Deferred Credits and Other Liabilities on the Condensed Consolidated Balance Sheets.
 
Nine Months Ended September 30, 2014
(in millions)
Duke Energy

 
Duke Energy Carolinas

 
Progress Energy

 
Duke Energy Progress

 
Duke Energy Florida

 
Duke Energy Ohio

 
Duke Energy Indiana

Balance at beginning of period
$
79

 
$
11

 
$
27

 
$
8

 
$
19

 
$
27

 
$
7

Provisions/adjustments
34

 
(1
)
 
4

 
3

 
1

 
28

 
3

Cash reductions
(8
)
 
—

 
(6
)
 
(4
)
 
(2
)
 
(1
)
 
(1
)
Balance at end of period
$
105

 
$
10

 
$
25

 
$
7

 
$
18

 
$
54

 
$
9

 
Nine Months Ended September 30, 2013
(in millions)
Duke Energy

 
Duke Energy Carolinas

 
Progress Energy

 
Duke Energy Progress

 
Duke Energy Florida

 
Duke Energy Ohio

 
Duke Energy Indiana

Balance at beginning of period
$
75

 
$
12

 
$
33

 
$
14

 
$
19

 
$
15

 
$
8

Provisions/adjustments
6

 
—

 
5

 
1

 
4

 
(1
)
 
1

Cash reductions
(17
)
 
—

 
(6
)
 
(2
)
 
(4
)
 
(8
)
 
(2
)
Balance at end of period
$
64

 
$
12

 
$
32

 
$
13

 
$
19

 
$
6

 
$
7