On Sept. 13, 2006, Standard&Poor's Ratings Services affirmed its 'BBB' corporate credit ratings on Duke Energy and all its subsidiaries, including Duke Power Co. LLC, Duke Capital LLC, and Cinergy Corp. The outlook on Duke Energy, Duke Power, and Cinergy and its subsidiaries remains positive. At the same time, Standard&Poor's revised its outlook on Duke Capital to positive from developing. Standard&Poor's also affirmed its 'BBB-' corporate credit rating on Duke Energy Trading&Marketing LLC. The outlook is stable. The rating action on Duke Energy and Duke Capital reflects the assessment of Duke Energy's proposed separation of the natural gas transmission, distribution, and processing operations into a separate entity through a tax-free spin-off effective