Duke Energy Carolinas 10K 2008 Annual report | SEC Filing

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Bad

New words: AAA, abiding, acknowledge, ADEA, Appalachian, argued, Atomic, awaiting, billable, blockage, BREDL, CAGR, campaign, Canary, capi, Chicago, cloture, Coalition, comment, coupon, crafting, criterion, cut, DAQ, deadline, debate, draft, Endangered, EPANo, exacerbated, fallen, Forest, GHG, grave, Greenwood, Haywood, heard, identical, inactive, incentivize, inNorth, intervenor, invoke, isolated, League, lending, MACT, mediation, milder, mode, NASDAQ, NYSE, Obama, observable, opposition, Orangeburg, outflow, patchwork, Photovoltaic, pink, presidential, prosper, PV, quotation, rapid, rebuttal, recommending, regain, rescind, rest, revealed, SB, scientific, Sierra, solar, Statesville, struggling, student, submission, sulfer, tal, testimony, turmoil, unacceptable, underfunded, underway, unilateral, unintended, unknowable, unobservable, unprecedented, vacatur, vehicle, wetland, worsen

Removed: absence, accrual, achieve, achievement, affiliated, AGL, Alabama, allege, allocating, announcement, annuity, annum, approximating, asserted, assumption, attempting, attractive, attributable, Austin, automatically, balanced, Banker, Basin, bay, Belvieu, benchmark, beneficiary, bring, bringing, Btu, buyer, calculate, calendar, called, Campeche, Canada, cancelled, category, CEO, certification, Chaparral, Coast, code, Colorado, comfort, community, comparing, complex, compression, compressor, condensate, confirmed, connecting, consecutive, consent, consolidate, consolidating, constitute, constituting, consulting, content, conventional, core, correction, correlation, Cougar, credited, crude, cubic, curtailment, Dauphin, david, de, death, deconsolidation, defending, delivering, denominated, deregulated, designate, difficult, DIGP, dilutive, disability, disclose, discontinuation, dissolution, dissolve, diversification, diversified, diversity, divested, divestiture, divided, dividing, docket, dollar, duly, earned, effected, El, elapsed, elimination, emergency, employed, entitled, EPCO, error, exceeding, execution, exercising, exert, existed, expectation, expire, expired, expressed, extracted, extraordinary, face, facilitate, feet, fluctuating, forfeited, formal, formally, formation, found, fractionation, frequently, functional, gathered, golf, governed, GP, gradual, grow, guaranteed, guarantor, guaranty, Gulf, Gulfstream, half, Harbor, hauser, Head, highest, Hilton, hot, hourly, Houston, hurricane, important, improvement, indemnify, indexed, individually, integration, interpreted, intersegment, intrastate, investigation, IPO, Island, Ivan, judicial, Katrina, lack, lake, Lancaster, land, leased, legacy, leverage, liable, LIBOR, lieu, liquidating, loaned, lost, Louisiana, lump, magnitude, maintained, margin, marketable, marketed, Marshall, match, maximize, Mercantile, methane, Mexico, mismeasurement, mispayment, Mobile, monetary, Mont, month, monthly, Morro, movement, moving, multiplied, negotiate, nonqualified, Northeast, northeastern, northern, offshore, Oklahoma, onshore, operator, origin, participated, partner, partnership, Paso, penalty, Permian, petrochemical, pipe, pipeline, plaintiff, platform, predecessor, prime, principle, privately, producer, propane, properly, proportional, pump, put, raw, RCBP, realize, receive, receiving, recently, recoverability, redeemable, redeemed, referenced, refined, refining, register, regular, release, remand, remarketing, remove, rendered, reorganization, representing, residual, residue, responded, restatement, restructured, retire, retiree, reviewed, Rhode, Rita, Rocky, rounding, routinely, royalty, ruled, run, salary, Saltville, satisfaction, scheduling, secure, select, selected, seller, selling, semiannually, separation, serving, settle, ship, shown, sinking, small, southeast, southwest, southwestern, standby, step, steven, stored, strategic, stream, subjective, subordinated, substance, substantive, suffered, surface, suspend, swap, tariff, taxed, TEPPCO, testing, thermal, throughput, title, traded, training, translation, transport, transported, transporting, treating, treaty, understanding, underwriting, variability, varying, venture, viability, vote, voting, weighted, West, withheld, withholding, Wyoming, York, young


	Year Ended December 31,
	2008		2007		2006		2005		2004
	(dollars in millions)
Earnings as defined for fixed charges calculation
Add:
Pre-tax income from continuing operations^(a)	$	1,065	$	1,014	$	890	$	980	$	910
Fixed charges		402		329		502		1,159		1,433
Distributed income of equity investees		—		—		215		473		140
Deduct:
Preference security dividend requirements of consolidated subsidiaries		—		—		7		27		31
Interest capitalized^(b)		46		22		18		23		18

Total earnings (as defined for the Fixed Charges calculation)	$	1,421	$	1,321	$	1,582	$	2,562	$	2,434

Fixed charges:
Interest on debt, including capitalized portions	$	376	$	314	$	481	$	1,096	$	1,365
Estimate of interest within rental expense		26		15		14		36		37
Preference security dividend requirements of consolidated subsidiaries		—		—		7		27		31

Total fixed charges	$	402	$	329	$	502	$	1,159	$	1,433

Ratio of earnings to fixed charges		3.5		4.0		3.2		2.2		1.7

Duke Energy Carolinas 10-K2008 FY Annual report

Content analysis