Duke Energy


> Selected Financial Data
> Consolidated Statements of Income and Comprehensive Income
> Consolidated Balance Sheets
> Consolidated Statements of Cash Flows
> Consolidated Statements of Common Stockholders' Equity
> 1- Summary of Significant Accounting Policies
> 2- Business Combinations, Acquisitions and Dispositions
> 3- Business Segments
> 4- Regulatory Matters
> 5- Joint Ownership of Generating Facilities
> 6- Income Taxes
> 7- Risk Management and Financial Instruments
> 8- Investments in Affiliates
> 9 - Property, Plant and Equipment
> 10 - Debt and Credit Facilties
> 11- Nuclear Decommissioning Costs
> 12 - Guaranteed Preferred Beneficial Interests in Subordinated Notes of Duke Energy or Subsidiaries
> 13 - Preferred and Preference Stock
> 14 - Commitments and Contingencies
> 15 - Common Stock
> 16 - Stock Based Compensation
> 17 - Employee Benefit Plans
> 18 - Quarterly Financial Data
> 19 - Subsequent Events
> Auditors' Report


10- DEBT AND CREDIT FACILITIES



Annual maturities exclude $1,736 million of long-term debt that matures after 2004 which have call options whereby Duke Energy has the option to repay the debt early. Based on the years in which Duke Energy may first exercise their redemption options, $881 million could potentially be repaid in 2000, $328 million in 2002, $227 million in 2003, $200 million in 2004 and $100 million thereafter.




The weighted average interest rate on outstanding shortterm notes payable and commercial paper at December 31, 1999 and 1998 was 5.72% and 5.23%, respectively.