v3.3.0.814
Commitments and Contingencies (Table)
 9 Months Ended
Sep. 30, 2015
Valuation and Qualifying Accounts Disclosure [Line Items]  
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
$
79

Duke Energy Carolinas
25

Progress Energy
4

Duke Energy Progress
1

Duke Energy Florida
3

Duke Energy Ohio
43

Duke Energy Indiana
7
Schedule of Loss Contingencies
The table below presents recorded reserves based on management’s best estimate of probable loss for legal matters, excluding asbestos-related reserves. Reserves are classified on the Condensed Consolidated Balance Sheets in Other within Deferred Credits and Other Liabilities and Accounts payable and Other within Current Liabilities. The reasonably possible range of loss in excess of recorded reserves is not material, other than as described above.
(in millions)
September 30, 2015

 
December 31, 2014

Reserves for Legal Matters
 
 
 
Duke Energy
$
178

 
$
323

Duke Energy Carolinas
12

 
72

Progress Energy
74

 
93

Duke Energy Progress
17

 
37

Duke Energy Florida
36

 
36

Duke Energy Ohio
81

 
—
Reserve for Environmental Costs [Member]  
Valuation and Qualifying Accounts Disclosure [Line Items]  
Schedule of Loss Contingencies
The following tables contain 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, 2015
 
 
 
Duke

 
 
 
Duke

 
Duke

 
Duke

 
Duke

 
Duke

 
Energy

 
Progress

 
Energy

 
Energy

 
Energy

 
Energy

(in millions)
Energy

 
Carolinas

 
Energy

 
Progress

 
Florida

 
Ohio

 
Indiana

Balance at beginning of period
$
97

 
$
10

 
$
17

 
$
5

 
$
12

 
$
54

 
$
10

Provisions/adjustments
4

 
—

 
3

 
—

 
3

 
1

 
3

Cash reductions
(4
)
 
—

 
(2
)
 
(1
)
 
(1
)
 
(1
)
 
(1
)
Balance at end of period
$
97

 
$
10

 
$
18

 
$
4

 
$
14

 
$
54

 
$
12

 
Nine Months Ended September 30, 2014
 
 
 
Duke

 
 
 
Duke

 
Duke

 
Duke

 
Duke

 
Duke

 
Energy

 
Progress

 
Energy

 
Energy

 
Energy

 
Energy

(in millions)
Energy

 
Carolinas

 
Energy

 
Progress

 
Florida

 
Ohio

 
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