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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 2,190 $ 2,361
Net income (attributable to parent) 2,202 2,356
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 3,447 2,990
Equity component of AFUDC (175) (175)
Losses (gains) on sales of other assets 87 (28)
Impairment charges 339 216
Deferred income taxes 1,099 1,016
Equity in earnings of unconsolidated affiliates (49) (101)
Accrued pension and other post-retirement benefit costs 46 19
Contributions to qualified pension plans (141) (8)
Payments for asset retirement obligations (389) (420)
Payment for disposal of other assets (105)  
Other rate case adjustments 37  
Provision for rate refunds 375  
(Increase) decrease in    
Net realized and unrealized mark-to-market and hedging transactions 15 4
Receivables (288) 80
Inventory 104 248
Other current assets (648) (210)
Increase (decrease) in    
Accounts payable 389 (554)
Taxes accrued 122 233
Other current liabilities (180) (532)
Other assets (585) (159)
Other liabilities (23) (2)
Net cash provided by operating activities 5,667 4,978
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (6,752) (5,841)
Contributions to equity method investments (298) (370)
Purchases of debt and equity securities (2,763) (3,170)
Proceeds from sales and maturities of debt and equity securities 2,718 3,199
Other (175) (149)
Net cash used in investing activities (7,270) (6,331)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt 4,110 5,710
Proceeds from the issuance of common stock 834  
Payments for the redemption of long-term debt (2,278) (2,035)
Proceeds from the issuance of short-term debt with original maturities greater than 90 days 243 265
Payments for the redemption of short-term debt with original maturities greater than 90 days (207) (237)
Notes payable and commercial paper 638 (647)
Dividends paid (1,835) (1,825)
Other 42 8
Net cash provided by financing activities 1,547 1,239
Net decrease in cash, cash equivalents and restricted cash (56) (114)
Cash, cash equivalents and restricted cash at beginning of period 505 541
Cash, cash equivalents and restricted cash at end of period 449 427
Cash and cash equivalents at beginning of period 358  
Cash and cash equivalents at end of period 303  
Significant non-cash transactions:    
Accrued capital expenditures 1,016 740
Non-cash dividends 79  
Duke Energy Carolinas [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (attributable to parent) 936 1,009
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 1,084 1,051
Equity component of AFUDC (57) (79)
Losses (gains) on sales of other assets 1  
Impairment charges 191  
Deferred income taxes 266 330
Accrued pension and other post-retirement benefit costs 3  
Contributions to qualified pension plans (46)  
Payments for asset retirement obligations (174) (201)
Provision for rate refunds 163  
(Increase) decrease in    
Net realized and unrealized mark-to-market and hedging transactions 2 1
Receivables (154) (40)
Receivable from affiliated companies (63) 17
Inventory (11) 50
Other current assets (54) 8
Increase (decrease) in    
Accounts payable 69 (78)
Accounts payable to affiliated companies (67) (88)
Taxes accrued (47) 225
Other current liabilities (129) (149)
Other assets 18 (18)
Other liabilities (47) (26)
Net cash provided by operating activities 1,884 2,012
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (2,006) (1,747)
Purchases of debt and equity securities (1,386) (1,660)
Proceeds from sales and maturities of debt and equity securities 1,386 1,664
Notes receivable from affiliated companies   66
Other (103) (58)
Net cash used in investing activities (2,109) (1,735)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt 991  
Payments for the redemption of long-term debt (704) (115)
Notes payable to affiliated companies 700 468
Distributions to parent (750) (625)
Other (1) (1)
Net cash provided by financing activities 236 (273)
Net increase (decrease) in cash and cash equivalents 11 4
Cash and cash equivalents at beginning of period 16 14
Cash and cash equivalents at end of period 27 18
Significant non-cash transactions:    
Accrued capital expenditures 299 292
Progress Energy [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income 910 821
Net income (attributable to parent) 904 814
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 1,458 1,130
Equity component of AFUDC (80) (68)
Losses (gains) on sales of other assets (23) (20)
Impairment charges 34 137
Deferred income taxes 342 651
Accrued pension and other post-retirement benefit costs 18 (9)
Contributions to qualified pension plans (45)  
Payments for asset retirement obligations (164) (190)
Other rate case adjustments 37  
Provision for rate refunds 101  
(Increase) decrease in    
Net realized and unrealized mark-to-market and hedging transactions 14 1
Receivables (316) (182)
Receivable from affiliated companies 16 102
Inventory 119 126
Other current assets (156) (312)
Increase (decrease) in    
Accounts payable 427 (281)
Accounts payable to affiliated companies 76 (59)
Taxes accrued 143 143
Other current liabilities (28) (184)
Other assets (668) (100)
Other liabilities (34) (85)
Net cash provided by operating activities 2,181 1,621
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (2,689) (2,419)
Purchases of debt and equity securities (1,216) (1,393)
Proceeds from sales and maturities of debt and equity securities 1,225 1,411
Net proceeds from the sales of other assets 20  
Notes receivable from affiliated companies (205) (90)
Other (142) (36)
Net cash used in investing activities (3,007) (2,527)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt 1,785 1,720
Payments for the redemption of long-term debt (719) (611)
Notes payable to affiliated companies (11) (129)
Dividends to parent (250) (125)
Other (3) (3)
Net cash provided by financing activities 802 852
Net decrease in cash, cash equivalents and restricted cash (24) (54)
Cash, cash equivalents and restricted cash at beginning of period 87 110
Cash, cash equivalents and restricted cash at end of period 63 56
Cash and cash equivalents at beginning of period 40  
Cash and cash equivalents at end of period 43  
Significant non-cash transactions:    
Accrued capital expenditures 441 174
Equitization of certain notes payable to affiliates   1,047
Dividend to parent related to a legal entity restructuring   547
Duke Energy Progress [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (attributable to parent) 532 547
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 869 691
Equity component of AFUDC (41) (35)
Losses (gains) on sales of other assets (9) (4)
Impairment charges 33  
Deferred income taxes 187 287
Accrued pension and other post-retirement benefit costs 11 (15)
Contributions to qualified pension plans (25)  
Payments for asset retirement obligations (133) (149)
Other rate case adjustments 37  
Provision for rate refunds 101  
(Increase) decrease in    
Net realized and unrealized mark-to-market and hedging transactions 3 (2)
Receivables (154) (47)
Receivable from affiliated companies (3) (3)
Inventory 62 52
Other current assets (239) (34)
Increase (decrease) in    
Accounts payable 325 (286)
Accounts payable to affiliated companies 73 (20)
Taxes accrued 28 33
Other current liabilities (27) (139)
Other assets (358) (49)
Other liabilities 11 (9)
Net cash provided by operating activities 1,283 818
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (1,526) (1,247)
Purchases of debt and equity securities (831) (995)
Proceeds from sales and maturities of debt and equity securities 807 974
Net proceeds from the sales of other assets 20  
Notes receivable from affiliated companies (52) 64
Other (82) (26)
Net cash used in investing activities (1,664) (1,230)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt 796 812
Payments for the redemption of long-term debt (2) (270)
Notes payable to affiliated companies (240)  
Dividends to parent (175) (125)
Other (1) (1)
Net cash provided by financing activities 378 416
Net increase (decrease) in cash and cash equivalents (3) 4
Cash and cash equivalents at beginning of period 20 11
Cash and cash equivalents at end of period 17 15
Significant non-cash transactions:    
Accrued capital expenditures 261 116
Duke Energy Florida [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (attributable to parent) 514 368
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 581 431
Equity component of AFUDC (40) (33)
Impairment charges 1 137
Deferred income taxes 169 366
Accrued pension and other post-retirement benefit costs 4 3
Contributions to qualified pension plans (20)  
Payments for asset retirement obligations (31) (41)
(Increase) decrease in    
Net realized and unrealized mark-to-market and hedging transactions 7 3
Receivables (163) (140)
Receivable from affiliated companies (18) 1
Inventory 57 74
Other current assets 51 (195)
Increase (decrease) in    
Accounts payable 101 6
Accounts payable to affiliated companies 9 (35)
Taxes accrued 198 109
Other current liabilities 1 (45)
Other assets (308) (35)
Other liabilities (58) (71)
Net cash provided by operating activities 1,055 903
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (1,162) (1,172)
Purchases of debt and equity securities (385) (398)
Proceeds from sales and maturities of debt and equity securities 418 437
Notes receivable from affiliated companies (80) (70)
Other (61) (10)
Net cash used in investing activities (1,270) (1,213)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt 989 908
Payments for the redemption of long-term debt (717) (341)
Notes payable to affiliated companies   (297)
Distributions to parent (75)  
Other (1) (1)
Net cash provided by financing activities 196 269
Net decrease in cash, cash equivalents and restricted cash (19) (41)
Cash, cash equivalents and restricted cash at beginning of period 53 69
Cash, cash equivalents and restricted cash at end of period 34 28
Cash and cash equivalents at beginning of period 13  
Cash and cash equivalents at end of period 20  
Significant non-cash transactions:    
Accrued capital expenditures 180 102
Duke Energy Ohio [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income   127
Net income (attributable to parent) 121 127
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 199 196
Equity component of AFUDC (10) (8)
Losses (gains) on sales of other assets 106 (1)
Impairment charges   1
Deferred income taxes 9 70
Accrued pension and other post-retirement benefit costs 3 3
Contributions to qualified pension plans   (4)
Payments for asset retirement obligations (3) (4)
Provision for rate refunds 23  
(Increase) decrease in    
Net realized and unrealized mark-to-market and hedging transactions   1
Receivables (44) 3
Receivable from affiliated companies 62 48
Inventory (2) 1
Other current assets 12 (8)
Increase (decrease) in    
Accounts payable (47) (48)
Accounts payable to affiliated companies (8) (4)
Taxes accrued (31) (21)
Other current liabilities 19 (6)
Other assets 3 (13)
Other liabilities (17) (2)
Net cash provided by operating activities 395 331
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (588) (457)
Cost of removal, net of salvage (63) (25)
Notes receivable from affiliated companies 14 7
Other 1  
Net cash used in investing activities (636) (475)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt   182
Payments for the redemption of long-term debt (3) (2)
Notes payable to affiliated companies 239 (16)
Dividends to parent   (25)
Other   (1)
Net cash provided by financing activities 236 138
Net increase (decrease) in cash and cash equivalents (5) (6)
Cash and cash equivalents at beginning of period 12 13
Cash and cash equivalents at end of period 7 7
Significant non-cash transactions:    
Accrued capital expenditures 83 65
Non-cash equity contribution from parent or Transfer of ownership interest of certain equity method investees to parent 106  
Duke Energy Indiana [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (attributable to parent) 317 318
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 388 339
Equity component of AFUDC (28) (20)
Losses (gains) on sales of other assets   (1)
Impairment charges 30  
Deferred income taxes 94 101
Accrued pension and other post-retirement benefit costs 5 4
Contributions to qualified pension plans (8)  
Payments for asset retirement obligations (49) (26)
Provision for rate refunds 58  
(Increase) decrease in    
Receivables 1 53
Receivable from affiliated companies 27 31
Inventory 16 54
Other current assets (59) 18
Increase (decrease) in    
Accounts payable 28 (71)
Accounts payable to affiliated companies (6) (1)
Taxes accrued (51) 115
Other current liabilities 6 (18)
Other assets 29 (24)
Other liabilities (13) 32
Net cash provided by operating activities 785 904
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (619) (603)
Purchases of debt and equity securities (42) (15)
Proceeds from sales and maturities of debt and equity securities 18 6
Notes receivable from affiliated companies   57
Other 3 (40)
Net cash used in investing activities (640) (595)
CASH FLOWS FROM FINANCING ACTIVITIES    
Payments for the redemption of long-term debt (1) (3)
Notes payable to affiliated companies 40  
Distributions to parent (175) (300)
Other (1) (1)
Net cash provided by financing activities (137) (304)
Net increase (decrease) in cash and cash equivalents 8 5
Cash and cash equivalents at beginning of period 9 17
Cash and cash equivalents at end of period 17 22
Significant non-cash transactions:    
Accrued capital expenditures 71 101
Piedmont Natural Gas [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (attributable to parent) 81 76
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 120 112
Impairment charges   7
Deferred income taxes 2 127
Equity in earnings of unconsolidated affiliates (6) (8)
Accrued pension and other post-retirement benefit costs (3) 9
Provision for rate refunds 31  
(Increase) decrease in    
Receivables 192 157
Receivable from affiliated companies (3) (1)
Inventory 16 13
Other current assets 58 (129)
Increase (decrease) in    
Accounts payable (48) (52)
Accounts payable to affiliated companies 14 (1)
Taxes accrued 11 (37)
Other current liabilities 8 (21)
Other assets (4) (9)
Other liabilities (5) (7)
Net cash provided by operating activities 464 236
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (497) (407)
Cost of removal, net of salvage (8)  
Contributions to equity method investments   (12)
Notes receivable from affiliated companies (11)  
Other 3 2
Net cash used in investing activities (513) (417)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt 100 250
Payments for the redemption of long-term debt   (35)
Notes payable and commercial paper   (330)
Notes payable to affiliated companies (364) 284
Capital contributions from parent 300  
Other   (1)
Net cash provided by financing activities 36 168
Net increase (decrease) in cash and cash equivalents (13) (13)
Cash and cash equivalents at beginning of period 19 25
Cash and cash equivalents at end of period 6 12
Significant non-cash transactions:    
Accrued capital expenditures $ 89 47
Non-cash equity contribution from parent or Transfer of ownership interest of certain equity method investees to parent   $ 149