Schedule II - Valuation and Qualifying Accounts and Reserves - 2003 Annual Report - Duke Energy
Duke Energy

Schedule II - Valuation and Qualifying Accounts and Reserves

  Balance at Beginning of Period   Additions   Deductions(a)   Balance at End of Period
Charged to Expense   Charged to Other Accounts
(In millions)
December 31, 2003:                              
Injuries and damages $ 367   $ 1   $ 4     $ 73   $ 299
Allowance for doubtful accounts   349     65     16       150     280
Other(b)   513     183     18       299     415
  $ 1,229   $ 249   $ 38     $ 522   $ 994
December 31, 2002:                              
Injuries and damages $ 459   $ 14   $ 5     $ 111   $ 367
Allowance for doubtful accounts   265     161     5       82     349
Other(b)   406     222     114 (c)     229     513
  $ 1,130   $ 397   $ 124     $ 422   $ 1,229
December 31, 2001:                              
Injuries and damages $ 531   $ 31   $ 11     $ 114   $ 459
Allowance for doubtful accounts   200     160     4       99     265
Other(b)   377     201     84       256     406
  $ 1,108   $ 392   $ 99 (d)   $ 469   $ 1,130

(a)   Principally cash payments and reserve reversals.

(b)   Principally property insurance reserves and litigation and other reserves, included in Other Current Liabilities, or Deferred Credits and Other Liabilities on the Consolidated Balance Sheets.

(c )   Includes the reclassification of $50 million of a $58 million suspense account to a nuclear insurance operation account in accordance with a settlement agreement between Duke Power, the North Carolina Utilities Commission and the Public Service Commission of South Carolina (see Note 4 to the Consolidated Financial Statements, "Regulatory Matters—Franchised Electric").

(d )   Principally reserves for construction costs, and litigation and other reserves assumed in business acquisitions.