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Condensed Consolidated Balance Sheets - Progress Energy - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 390 $ 253
Receivables (net of allowance for doubtful accounts) 2,127 1,112
Receivables of VIEs (net of allowance for doubtful accounts) 2,009 3,019
Inventory 4,390 4,292
Regulatory assets 2,663 3,648
Other (includes amounts related to VIEs) 436 431
Total current assets 12,557 12,769
Property, Plant and Equipment    
Cost 177,974 171,353
Accumulated depreciation and amortization (57,874) (56,038)
Net property, plant and equipment 120,100 115,315
Other Noncurrent Assets    
Goodwill 19,303 19,303
Regulatory assets 13,446 13,618
Nuclear decommissioning trust funds 10,944 10,143
Operating lease right-of-use assets, net 1,108 1,092
Other 3,556 3,964
Total other noncurrent assets 48,918 48,809
Total Assets 181,575 176,893
Current Liabilities    
Accounts payable 3,777 4,228
Taxes accrued 748 816
Interest accrued 790 745
Current maturities of long-term debt 2,340 2,800
Asset retirement obligations 636 596
Regulatory liabilities 1,228 1,369
Other 2,212 2,319
Total current liabilities 15,482 17,283
Long-Term Debt (includes amounts related to VIEs) 76,439 72,452
Other Noncurrent Liabilities    
Deferred income taxes 10,773 10,556
Asset retirement obligations 9,718 8,560
Regulatory liabilities 14,557 14,039
Operating lease liabilities 925 917
Accrued pension and other post-retirement benefit costs 437 485
Investment tax credits 860 864
Other 1,466 1,393
Total other noncurrent liabilities 38,848 36,971
Commitments and Contingencies
Equity    
Common stock 1 1
Additional paid-in capital 45,007 44,920
Retained earnings 2,635 2,235
Accumulated other comprehensive income (loss) 102 (6)
Total Duke Energy Corporation stockholders' equity 49,707 49,112
Total Liabilities and Equity 181,575 176,893
Variable Interest Entity    
Current Assets    
Inventory 494 462
Regulatory assets 119 110
Other (includes amounts related to VIEs) 81 90
Other Noncurrent Assets    
Regulatory assets 1,754 1,642
Current Liabilities    
Accounts payable 224 188
Current maturities of long-term debt 1,008 428
Long-Term Debt (includes amounts related to VIEs) 1,897 3,000
Other Noncurrent Liabilities    
Other 30 35
Progress Energy    
Current Assets    
Cash and cash equivalents 85 59
Receivables (net of allowance for doubtful accounts) 924 225
Receivables of VIEs (net of allowance for doubtful accounts) 881 1,365
Inventory 2,019 1,901
Regulatory assets 1,151 1,661
Other (includes amounts related to VIEs) 135 134
Total current assets 5,200 5,435
Property, Plant and Equipment    
Cost 70,694 67,644
Accumulated depreciation and amortization (23,080) (22,300)
Net property, plant and equipment 47,614 45,344
Other Noncurrent Assets    
Goodwill 3,655 3,655
Regulatory assets 6,426 6,430
Nuclear decommissioning trust funds 4,774 4,457
Operating lease right-of-use assets, net 588 617
Other 1,207 1,156
Total other noncurrent assets 16,650 16,315
Total Assets 69,464 67,094
Current Liabilities    
Accounts payable 1,259 1,374
Taxes accrued 428 259
Interest accrued 232 224
Current maturities of long-term debt 914 661
Asset retirement obligations 215 245
Regulatory liabilities 368 418
Other 842 860
Total current liabilities 5,722 5,548
Long-Term Debt (includes amounts related to VIEs) 23,195 22,948
Other Noncurrent Liabilities    
Deferred income taxes 5,173 5,197
Asset retirement obligations 4,576 3,900
Regulatory liabilities 5,353 5,083
Operating lease liabilities 525 544
Accrued pension and other post-retirement benefit costs 254 266
Investment tax credits 369 371
Other 312 227
Total other noncurrent liabilities 16,562 15,588
Commitments and Contingencies
Equity    
Common stock 0 0
Additional paid-in capital 11,849 11,830
Retained earnings 11,996 11,040
Accumulated other comprehensive income (loss) (10) (10)
Total Duke Energy Corporation stockholders' equity 23,835 22,860
Total Liabilities and Equity 69,464 67,094
Progress Energy | Variable Interest Entity    
Current Assets    
Inventory 494 462
Regulatory assets 107 98
Other (includes amounts related to VIEs) 66 68
Other Noncurrent Assets    
Regulatory assets 1,563 1,446
Current Liabilities    
Accounts payable 213 188
Current maturities of long-term debt 499 418
Long-Term Debt (includes amounts related to VIEs) 1,630 1,910
Other Noncurrent Liabilities    
Other 12 19
Progress Energy | Affiliated Entity    
Current Assets    
Receivables (net of allowance for doubtful accounts) 5 90
Current Liabilities    
Accounts payable 488 464
Notes payable to affiliated companies 976 1,043
Long-Term Debt (includes amounts related to VIEs) $ 150 $ 150