XML 69 R7.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES [Abstract]      
Net Income (Loss) $ 2,170 $ 2,831 $ 1,889
Net Income (Loss) Attributable to Parent 2,152 2,816 1,883
Adjustments to reconcile net income to net cash provided by operating activities: [Abstract]      
Depreciation, amortization and accretion (including amortization of nuclear fuel) 3,880 3,613 3,507
Equity component of AFUDC (200) (164) (135)
FERC mitigation costs     (15)
Accrued charitable contributions related to Piedmont commitments 93    
Losses (gains) on sales of other assets 477 (48) (33)
Impairment charges 212 153 915
Deferred income taxes 900 1,244 1,149
Equity in earnings of unconsolidated affiliates 15 (69) (130)
Accrued pension and other post-retirement benefit costs 21 71 108
Contributions to qualified pension plans (155) (302)  
Payments for asset retirement obligations (608) (346) (68)
(Increase) decrease in [Abstract]      
Net realized and unrealized mark-to-market and hedging transactions 34 (29) 44
Receivables (391) 359 58
Inventory 272 (237) (269)
Other current assets (220) (65) (414)
Increase (decrease) in [Abstract]      
Accounts payable 266 (6) (30)
Taxes accrued 236 (38) (14)
Other current liabilities 182 168 (201)
Other assets (186) (216) 16
Other liabilities (200) (243) 209
Net cash provided by operating activities 6,798 6,676 6,586
CASH FLOWS FROM INVESTING ACTIVITIES [Abstract]      
Capital expenditures (7,901) (6,766) (5,384)
Investment expenditures (307) (263) (90)
Acquisitions, net of cash acquired (4,778) (1,334) (54)
Purchases of available-for-sale securities (5,153) (4,037) (4,110)
Proceeds from sales and maturities of available-for-sale securities 5,236 4,040 4,133
Proceeds from the sales of discontinued operations and other assets, net of cash divested 1,418 2,968 179
Change in Restricted Cash (4) 191 9
Other (44) (76) (56)
Net cash used in investing activities (11,533) (5,277) (5,373)
CASH FLOWS FROM FINANCING ACTIVITIES [Abstract]      
Proceeds from the issuance of long-term debt 9,238 2,955 2,914
Proceeds from Issuance of Common Stock 731    
Proceeds from the issuance of common stock   17 25
Payments for the redemption of long-term debt (1,923) (3,029) (3,037)
Proceeds from issuance of short-term debt with original maturities greater than 90 days 2,081 379 1,066
Payments for the redemption of short-term debt with original maturities greater than 90 days (2,166) (931) (564)
Notes payable and commercial paper (1,362) 1,797 1,186
Distributions to noncontrolling interests (6) (9) (65)
Dividends paid (2,332) (2,254) (2,234)
Repurchase of common shares   (1,500)  
Other 9 (3) 31
Net cash provided by (used in) financing activities 4,270 (2,578) (678)
Changes in Cash and Cash Equivalents included in asses held for sale 474 1,099 (548)
Net increase (decrease) in cash and cash equivalents 9 (80) (13)
Cash and cash equivalents at beginning of period 383 463 476
Cash and cash equivalents at end of period 392 383 463
Supplemental Disclosures [Abstract]      
Cash paid for interest, net of amount capitalized 1,794 1,607 1,659
Cash paid for (received from) income taxes 229 170 158
Significant Non-cash Transactions [Abstract]      
Accrued capital expenditures 1,000 771 664
Duke Energy Carolinas [Member]      
CASH FLOWS FROM OPERATING ACTIVITIES [Abstract]      
Net Income (Loss) Attributable to Parent 1,166 1,081 1,072
Adjustments to reconcile net income to net cash provided by operating activities: [Abstract]      
Depreciation, amortization and accretion (including amortization of nuclear fuel) 1,382 1,361 1,273
Equity component of AFUDC (102) (96) (91)
FERC mitigation costs     3
Accrued charitable contributions related to Piedmont commitments 52    
Losses (gains) on sales of other assets 5 1  
Impairment charges 1 1  
Deferred income taxes 470 397 376
Accrued pension and other post-retirement benefit costs 4 15 22
Contributions to qualified pension plans (43) (91)  
Payments for asset retirement obligations (287) (167)  
(Increase) decrease in [Abstract]      
Net realized and unrealized mark-to-market and hedging transactions 5    
Receivables (76) 42 48
Receivables from affiliated companies (56) (32)  
Inventory 215 (157) (60)
Other current assets 67 (51) (236)
Increase (decrease) in [Abstract]      
Accounts payable (85) (4) 10
Accounts payable to affiliated companies 18 75 (7)
Taxes accrued 187 (128) (15)
Other current liabilities 63 127 (10)
Other assets 20 76 17
Other liabilities (30) (77) (22)
Net cash provided by operating activities 2,976 2,373 2,380
CASH FLOWS FROM INVESTING ACTIVITIES [Abstract]      
Capital expenditures (2,220) (1,933) (1,879)
Purchases of available-for-sale securities (2,832) (2,555) (2,064)
Proceeds from sales and maturities of available-for-sale securities 2,832 2,555 2,044
Notes receivable from affiliated companies   (13)  
Notes receivable from affiliated companies 97   72
Other (83) (35) (18)
Net cash used in investing activities (2,206) (1,981) (1,845)
CASH FLOWS FROM FINANCING ACTIVITIES [Abstract]      
Proceeds from the issuance of long-term debt 1,587 516  
Payments for the redemption of long-term debt (356) (506) (45)
Distributions to parent (2,000) (401) (500)
Other   (1)  
Net cash provided by (used in) financing activities (769) (392) (545)
Net increase (decrease) in cash and cash equivalents 1   (10)
Cash and cash equivalents at beginning of period 13 13 23
Cash and cash equivalents at end of period 14 13 13
Supplemental Disclosures [Abstract]      
Cash paid for interest, net of amount capitalized 393 389 388
Cash paid for (received from) income taxes (60) 342 305
Significant Non-cash Transactions [Abstract]      
Accrued capital expenditures 347 239 194
Progress Energy [Member]      
CASH FLOWS FROM OPERATING ACTIVITIES [Abstract]      
Net Income (Loss) 1,041 1,062 874
Net Income (Loss) Attributable to Parent 1,031 1,051 869
Adjustments to reconcile net income to net cash provided by operating activities: [Abstract]      
Depreciation, amortization and accretion (including amortization of nuclear fuel) 1,435 1,312 1,313
Equity component of AFUDC (76) (54) (26)
FERC mitigation costs     (18)
Accrued charitable contributions related to Piedmont commitments 32    
Losses (gains) on sales of other assets (34) (31) (6)
Impairment charges 7 12 2
Deferred income taxes 532 714 1,014
Accrued pension and other post-retirement benefit costs (24) (5) 27
Contributions to qualified pension plans (43) (83)  
Payments for asset retirement obligations (270) (156) (68)
(Increase) decrease in [Abstract]      
Net realized and unrealized mark-to-market and hedging transactions 42 (6) 12
Receivables 7 105 (31)
Receivables from affiliated companies 211 (316) (56)
Inventory 35 (67) (101)
Other current assets 3 553 (934)
Increase (decrease) in [Abstract]      
Accounts payable 242 (193) 6
Accounts payable to affiliated companies 37 108 80
Taxes accrued 15 (63) (20)
Other current liabilities (42) 136 (144)
Other assets (248) (167) (14)
Other liabilities (58) (112) 56
Net cash provided by operating activities 2,844 2,749 1,966
CASH FLOWS FROM INVESTING ACTIVITIES [Abstract]      
Capital expenditures (3,306) (2,698) (1,940)
Acquisitions (10) (1,249)  
Purchases of available-for-sale securities (2,143) (1,174) (1,689)
Proceeds from sales and maturities of available-for-sale securities 2,187 1,211 1,652
Proceeds from Insurance 58    
Proceeds from the sale of nuclear fuel 20 102  
Notes receivable from affiliated companies (80)   (145)
Notes receivable from affiliated companies   220  
Change in Restricted Cash (6)    
Other 47 (34) (44)
Net cash used in investing activities (3,233) (3,622) (2,166)
CASH FLOWS FROM FINANCING ACTIVITIES [Abstract]      
Proceeds from the issuance of long-term debt 2,375 1,186 1,572
Payments for the redemption of long-term debt (327) (1,553) (931)
Notes payable to affiliated companies 444 623 (378)
Distributions to noncontrolling interests (1) (4) (37)
Capital contribution from parent   625  
Dividends to parent (2,098)    
Other (2) (2) (42)
Net cash provided by (used in) financing activities 391 875 184
Net increase (decrease) in cash and cash equivalents 2 2 (16)
Cash and cash equivalents at beginning of period 44 42 58
Cash and cash equivalents at end of period 46 44 42
Supplemental Disclosures [Abstract]      
Cash paid for interest, net of amount capitalized 673 649 664
Cash paid for (received from) income taxes (187) (426) 141
Significant Non-cash Transactions [Abstract]      
Accrued capital expenditures 317 329 294
Duke Energy Progress [Member]      
CASH FLOWS FROM OPERATING ACTIVITIES [Abstract]      
Net Income (Loss) Attributable to Parent 599 566 467
Adjustments to reconcile net income to net cash provided by operating activities: [Abstract]      
Depreciation, amortization and accretion (including amortization of nuclear fuel) 907 821 761
Equity component of AFUDC (50) (47) (25)
FERC mitigation costs     (18)
Accrued charitable contributions related to Piedmont commitments 32    
Losses (gains) on sales of other assets (6) (7) (3)
Impairment charges 1 5  
Deferred income taxes 384 354 455
Accrued pension and other post-retirement benefit costs (32) (14) (7)
Contributions to qualified pension plans (24) (42)  
Payments for asset retirement obligations (212) (109)  
(Increase) decrease in [Abstract]      
Net realized and unrealized mark-to-market and hedging transactions 4 (3) 13
Receivables (17) 43 78
Receivables from affiliated companies 11 (6) (8)
Inventory 12 (50) (65)
Other current assets 84 185 (416)
Increase (decrease) in [Abstract]      
Accounts payable 171 (65) 27
Accounts payable to affiliated companies 37 70 17
Taxes accrued 90 (34) 10
Other current liabilities 114 76 (68)
Other assets (163) (83) 48
Other liabilities (10) (66) (21)
Net cash provided by operating activities 1,932 1,594 1,245
CASH FLOWS FROM INVESTING ACTIVITIES [Abstract]      
Capital expenditures (1,733) (1,669) (1,241)
Acquisitions   (1,249)  
Purchases of available-for-sale securities (1,658) (727) (499)
Proceeds from sales and maturities of available-for-sale securities 1,615 672 458
Notes receivable from affiliated companies (165)   (237)
Notes receivable from affiliated companies   237  
Other 26 (30) (12)
Net cash used in investing activities (1,915) (2,766) (1,531)
CASH FLOWS FROM FINANCING ACTIVITIES [Abstract]      
Proceeds from the issuance of long-term debt 505 1,186 1,347
Payments for the redemption of long-term debt (15) (991) (379)
Notes payable to affiliated companies (209) 359 (462)
Capital contribution from parent   626  
Dividends to parent     (225)
Distributions to parent (300)    
Other (2) (2) (7)
Net cash provided by (used in) financing activities (21) 1,178 274
Net increase (decrease) in cash and cash equivalents (4) 6 (12)
Cash and cash equivalents at beginning of period 15 9 21
Cash and cash equivalents at end of period 11 15 9
Supplemental Disclosures [Abstract]      
Cash paid for interest, net of amount capitalized 248 218 220
Cash paid for (received from) income taxes (287) (197) 81
Significant Non-cash Transactions [Abstract]      
Accrued capital expenditures 147 143 194
Duke Energy Florida [Member]      
CASH FLOWS FROM OPERATING ACTIVITIES [Abstract]      
Net Income (Loss) Attributable to Parent 551 599 548
Adjustments to reconcile net income to net cash provided by operating activities: [Abstract]      
Depreciation, amortization and accretion (including amortization of nuclear fuel) 516 480 550
Equity component of AFUDC (26) (7)  
Losses (gains) on sales of other assets     (1)
Impairment charges 6 7 2
Deferred income taxes 224 348 400
Accrued pension and other post-retirement benefit costs 2 5 29
Contributions to qualified pension plans (20) (40)  
Payments for asset retirement obligations (58) (47) (68)
(Increase) decrease in [Abstract]      
Net realized and unrealized mark-to-market and hedging transactions 38 (3) (9)
Receivables 23 61 (33)
Receivables from affiliated companies 21 (44) (37)
Inventory 23 (17) (36)
Other current assets (133) 116 (269)
Increase (decrease) in [Abstract]      
Accounts payable 71 (127) 18
Accounts payable to affiliated companies 9 46 32
Taxes accrued (117) 67 (31)
Other current liabilities (149) 57 (80)
Other assets (84) (84) (59)
Other liabilities (53) (44) 10
Net cash provided by operating activities 844 1,373 966
CASH FLOWS FROM INVESTING ACTIVITIES [Abstract]      
Capital expenditures (1,573) (1,029) (699)
Acquisitions (10)    
Purchases of available-for-sale securities (485) (447) (1,189)
Proceeds from sales and maturities of available-for-sale securities 572 538 1,195
Proceeds from Insurance 58    
Proceeds from the sale of nuclear fuel 20 102  
Change in Restricted Cash (6)    
Other 21 (3) (31)
Net cash used in investing activities (1,403) (839) (724)
CASH FLOWS FROM FINANCING ACTIVITIES [Abstract]      
Proceeds from the issuance of long-term debt 1,870   225
Payments for the redemption of long-term debt (12) (562) (252)
Notes payable to affiliated companies (516) 729 (97)
Dividends to parent   (350) (124)
Distributions to parent (775) (350)  
Other   (1) (2)
Net cash provided by (used in) financing activities 567 (534) (250)
Net increase (decrease) in cash and cash equivalents 8   (8)
Cash and cash equivalents at beginning of period 8 8 16
Cash and cash equivalents at end of period 16 8 8
Supplemental Disclosures [Abstract]      
Cash paid for interest, net of amount capitalized 208 205 203
Cash paid for (received from) income taxes 216 (229) 59
Significant Non-cash Transactions [Abstract]      
Accrued capital expenditures 170 186 100
Duke Energy Ohio [Member]      
CASH FLOWS FROM OPERATING ACTIVITIES [Abstract]      
Net Income (Loss) Attributable to Parent 228 172 (495)
Adjustments to reconcile net income to net cash provided by operating activities: [Abstract]      
Depreciation, amortization and accretion (including amortization of nuclear fuel) 237 230 258
Equity component of AFUDC (6) (3) (4)
Losses (gains) on sales of other assets (2) (8) (1)
Impairment charges   40 941
Deferred income taxes 55 206 (219)
Accrued pension and other post-retirement benefit costs 6 9 8
Contributions to qualified pension plans (5) (8)  
Payments for asset retirement obligations (5) (4)  
(Increase) decrease in [Abstract]      
Net realized and unrealized mark-to-market and hedging transactions (2) (10) 27
Receivables (4) 23 (56)
Receivables from affiliated companies (36) 23 14
Inventory (32)   8
Other current assets 79   (5)
Increase (decrease) in [Abstract]      
Accounts payable 19 (1) 27
Accounts payable to affiliated companies 10 (21) (3)
Taxes accrued 3 (21) (9)
Other current liabilities (54) 88 27
Other assets (35) 25 (4)
Other liabilities (31) (73) (33)
Net cash provided by operating activities 425 667 481
CASH FLOWS FROM INVESTING ACTIVITIES [Abstract]      
Capital expenditures (476) (399) (322)
Notes receivable from affiliated companies (94)   (88)
Notes receivable from affiliated companies   145  
Other (30) (15) (12)
Net cash used in investing activities (600) (269) (422)
CASH FLOWS FROM FINANCING ACTIVITIES [Abstract]      
Proceeds from the issuance of long-term debt 341    
Payments for the redemption of long-term debt (53) (157) (449)
Notes payable to affiliated companies (87) (95) 473
Capital contribution from parent 9    
Dividends to parent (25) (150) (100)
Other (2) (2) 1
Net cash provided by (used in) financing activities 174 (404) (75)
Net increase (decrease) in cash and cash equivalents (1) (6) (16)
Cash and cash equivalents at beginning of period 14 20 36
Cash and cash equivalents at end of period 13 14 20
Supplemental Disclosures [Abstract]      
Cash paid for interest, net of amount capitalized 81 76 76
Cash paid for (received from) income taxes (46) 410 (5)
Significant Non-cash Transactions [Abstract]      
Accrued capital expenditures 83 20 24
Distribution of membership interest of Duke Energy SAM, LLC to parent   1,912  
Duke Energy Indiana [Member]      
CASH FLOWS FROM OPERATING ACTIVITIES [Abstract]      
Net Income (Loss) Attributable to Parent 381 316 359
Adjustments to reconcile net income to net cash provided by operating activities: [Abstract]      
Depreciation, amortization and accretion (including amortization of nuclear fuel) 499 439 416
Equity component of AFUDC (16) (11) (14)
Losses (gains) on sales of other assets   (1)  
Impairment charges 8 88  
Deferred income taxes 213 262 308
Accrued pension and other post-retirement benefit costs 8 13 16
Contributions to qualified pension plans (9) (19)  
Payments for asset retirement obligations (46) (19)  
(Increase) decrease in [Abstract]      
Receivables (2) (7) (35)
Receivables from affiliated companies (43) 44 36
Inventory 66 (21) (103)
Other current assets (67) 90 (8)
Increase (decrease) in [Abstract]      
Accounts payable 8 33 (41)
Accounts payable to affiliated companies (9) 25 2
Taxes accrued (4) 35 (32)
Other current liabilities (81) 26 5
Other assets (27) (82) (21)
Other liabilities (8) (35) 17
Net cash provided by operating activities 871 1,176 905
CASH FLOWS FROM INVESTING ACTIVITIES [Abstract]      
Capital expenditures (755) (690) (625)
Purchases of available-for-sale securities (14) (9) (20)
Proceeds from sales and maturities of available-for-sale securities 11 11 16
Proceeds from the sales of discontinued operations and other assets, net of cash divested 17  
Notes receivable from affiliated companies (3) (83)  
Notes receivable from affiliated companies     96
Other 32 (17) 4
Net cash used in investing activities (729) (771) (529)
CASH FLOWS FROM FINANCING ACTIVITIES [Abstract]      
Proceeds from the issuance of long-term debt 494    
Payments for the redemption of long-term debt (478) (5) (5)
Notes payable to affiliated companies   (71) 71
Dividends to parent   (326) (450)
Distributions to parent (149)    
Other (1)   (1)
Net cash provided by (used in) financing activities (134) (402) (385)
Net increase (decrease) in cash and cash equivalents 8 3 (9)
Cash and cash equivalents at beginning of period 9 6 15
Cash and cash equivalents at end of period 17 9 6
Supplemental Disclosures [Abstract]      
Cash paid for interest, net of amount capitalized 171 175 169
Cash paid for (received from) income taxes (7) (253) (61)
Significant Non-cash Transactions [Abstract]      
Accrued capital expenditures $ 99 $ 64 $ 87