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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 890 $ 893
Net income (attributable to parent) 938 900
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 1,301 1,238
Equity component of AFUDC (40) (31)
(Gains) Losses on sales of other assets (1) 3
Impairment charges 2  
Deferred income taxes 422 97
Equity in earnings of unconsolidated affiliates (44) (43)
Payments for asset retirement obligations (132) (152)
Provision for rate refunds (13) 35
(Increase) decrease in    
Net realized and unrealized mark-to-market and hedging transactions   10
Receivables 466 388
Inventory (92) (31)
Other current assets (131) 98
Increase (decrease) in    
Accounts payable (657) (636)
Taxes accrued 113 (107)
Other current liabilities (455) (407)
Other assets (25) (162)
Other liabilities (50) 46
Net cash provided by operating activities 1,554 1,239
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (2,832) (2,536)
Contributions to equity method investments (77) (94)
Purchases of debt and equity securities (1,392) (860)
Proceeds from sales and maturities of debt and equity securities 1,347 851
Other (68) (74)
Net cash used in investing activities (3,022) (2,713)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt 1,954 2,737
Proceeds from the issuance of preferred stock   974
Proceeds from the issuance of common stock 40 13
Payments for the redemption of long-term debt (292) (1,201)
Proceeds from the issuance of short-term debt with original maturities greater than 90 days 1,784 135
Payments for the redemption of short-term debt with original maturities greater than 90 days (17) (239)
Notes payable and commercial paper (198) (304)
Contributions from noncontrolling interests 103 6
Dividends paid (707) (649)
Other (74) (39)
Net cash provided by financing activities 2,593 1,433
Net increase (decrease) in cash, cash equivalents and restricted cash 1,125 (41)
Cash, cash equivalents and restricted cash at beginning of period 573 591
Cash, cash equivalents and restricted cash at end of period 1,698 550
Significant non-cash transactions:    
Accrued capital expenditures 934 811
Non-cash dividends 27 27
Duke Energy Carolinas    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (attributable to parent) 339 293
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 414 388
Equity component of AFUDC (14) (9)
(Gains) Losses on sales of other assets (1)  
Impairment charges 2  
Deferred income taxes 22 64
Payments for asset retirement obligations (41) (65)
Provision for rate refunds   19
(Increase) decrease in    
Net realized and unrealized mark-to-market and hedging transactions   1
Receivables 156 124
Receivable from affiliated companies 27 94
Inventory (72) (59)
Other current assets 96 (35)
Increase (decrease) in    
Accounts payable (253) (266)
Accounts payable to affiliated companies 15 18
Taxes accrued 87 (91)
Other current liabilities (108) (70)
Other assets (60) (31)
Other liabilities (11) (7)
Net cash provided by operating activities 598 368
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (724) (721)
Purchases of debt and equity securities (607) (405)
Proceeds from sales and maturities of debt and equity securities 607 405
Notes receivable from affiliated companies (436)  
Other (18) (9)
Net cash used in investing activities (1,178) (730)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt 910 25
Payments for the redemption of long-term debt (2) (1)
Notes payable to affiliated companies (29) 306
Distributions to parent (300)  
Other (1) (1)
Net cash provided by financing activities 578 329
Net increase (decrease) in cash, cash equivalents and restricted cash (2) (33)
Cash, cash equivalents and restricted cash at beginning of period 18 33
Cash, cash equivalents and restricted cash at end of period 16  
Significant non-cash transactions:    
Accrued capital expenditures 254 221
Progress Energy    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income 283 248
Net income (attributable to parent) 283 249
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 552 546
Equity component of AFUDC (14) (15)
(Gains) Losses on sales of other assets 1  
Deferred income taxes 80 82
Payments for asset retirement obligations (79) (75)
Provision for rate refunds 2 6
(Increase) decrease in    
Net realized and unrealized mark-to-market and hedging transactions 1 1
Receivables 149 187
Receivable from affiliated companies 27 122
Inventory (40) (18)
Other current assets 43 35
Increase (decrease) in    
Accounts payable (211) (196)
Accounts payable to affiliated companies 19 (94)
Taxes accrued 71 26
Other current liabilities (128) (196)
Other assets (41) (111)
Other liabilities (56) (7)
Net cash provided by operating activities 659 541
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (972) (1,012)
Purchases of debt and equity securities (651) (409)
Proceeds from sales and maturities of debt and equity securities 643 405
Notes receivable from affiliated companies 164 (31)
Other (39) (45)
Net cash used in investing activities (855) (1,092)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt   1,295
Payments for the redemption of long-term debt (283) (1,132)
Notes payable to affiliated companies 479 370
Other (1) 1
Net cash provided by financing activities 195 534
Net increase (decrease) in cash, cash equivalents and restricted cash (1) (17)
Cash, cash equivalents and restricted cash at beginning of period 126 112
Cash, cash equivalents and restricted cash at end of period 125 95
Significant non-cash transactions:    
Accrued capital expenditures 310 310
Duke Energy Progress    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (attributable to parent) 204 203
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 331 336
Equity component of AFUDC (10) (14)
(Gains) Losses on sales of other assets 1  
Deferred income taxes 43 33
Payments for asset retirement obligations (75) (68)
Provision for rate refunds 2 6
(Increase) decrease in    
Net realized and unrealized mark-to-market and hedging transactions (2) (3)
Receivables 133 87
Receivable from affiliated companies 2 (5)
Inventory (22) (5)
Other current assets 54 96
Increase (decrease) in    
Accounts payable (220) (196)
Accounts payable to affiliated companies 5 (57)
Taxes accrued 26 (4)
Other current liabilities (73) (109)
Other assets (51) (47)
Other liabilities (8) (7)
Net cash provided by operating activities 340 246
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (466) (548)
Purchases of debt and equity securities (550) (315)
Proceeds from sales and maturities of debt and equity securities 540 308
Notes receivable from affiliated companies   (38)
Other (16) (20)
Net cash used in investing activities (492) (613)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt   1,270
Payments for the redemption of long-term debt (1) (601)
Notes payable to affiliated companies 163 (294)
Other   (1)
Net cash provided by financing activities 162 374
Net increase (decrease) in cash, cash equivalents and restricted cash 10 7
Cash, cash equivalents and restricted cash at beginning of period 22 23
Cash, cash equivalents and restricted cash at end of period 32 30
Significant non-cash transactions:    
Accrued capital expenditures 87 117
Duke Energy Florida    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (attributable to parent) 120 96
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 219 207
Equity component of AFUDC (4) (1)
Deferred income taxes 34 45
Payments for asset retirement obligations (5) (7)
(Increase) decrease in    
Net realized and unrealized mark-to-market and hedging transactions 3 2
Receivables 15 55
Receivable from affiliated companies   (6)
Inventory (19) (13)
Other current assets 7 (35)
Increase (decrease) in    
Accounts payable 11  
Accounts payable to affiliated companies (20) (62)
Taxes accrued 31 20
Other current liabilities (58) (84)
Other assets 13 (63)
Other liabilities (46) (1)
Net cash provided by operating activities 301 153
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (506) (422)
Purchases of debt and equity securities (101) (95)
Proceeds from sales and maturities of debt and equity securities 103 97
Notes receivable from affiliated companies 173  
Other (23) (25)
Net cash used in investing activities (354) (445)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt   25
Payments for the redemption of long-term debt (282) (81)
Notes payable to affiliated companies 305 291
Other (1) 2
Net cash provided by financing activities 22 237
Net increase (decrease) in cash, cash equivalents and restricted cash (31) (55)
Cash, cash equivalents and restricted cash at beginning of period 56 75
Cash, cash equivalents and restricted cash at end of period 25 20
Significant non-cash transactions:    
Accrued capital expenditures 223 193
Duke Energy Ohio    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (attributable to parent) 65 69
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 69 65
Equity component of AFUDC (1) (3)
Deferred income taxes 14 20
Payments for asset retirement obligations   (1)
Provision for rate refunds 3 4
(Increase) decrease in    
Receivables 1 5
Receivable from affiliated companies 40 35
Inventory 14 15
Other current assets 8 (6)
Increase (decrease) in    
Accounts payable (19) (5)
Accounts payable to affiliated companies   (8)
Taxes accrued (49) (45)
Other current liabilities 2 14
Other assets (2) (10)
Other liabilities (8) (4)
Net cash provided by operating activities 137 145
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (217) (233)
Notes receivable from affiliated companies   (463)
Other (10) (11)
Net cash used in investing activities (227) (707)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt   794
Notes payable to affiliated companies 87 (236)
Net cash provided by financing activities 87 558
Net increase (decrease) in cash, cash equivalents and restricted cash (3) (4)
Cash, cash equivalents and restricted cash at beginning of period 17 21
Cash, cash equivalents and restricted cash at end of period 14 17
Significant non-cash transactions:    
Accrued capital expenditures 66 68
Duke Energy Indiana    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (attributable to parent) 99 110
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 133 132
Equity component of AFUDC (6) (4)
(Gains) Losses on sales of other assets   3
Deferred income taxes 16 28
Payments for asset retirement obligations (12) (11)
(Increase) decrease in    
Receivables 15 4
Receivable from affiliated companies 3 20
Inventory (21) (13)
Other current assets 25 19
Increase (decrease) in    
Accounts payable (13) 8
Accounts payable to affiliated companies (21) (11)
Taxes accrued 43 20
Other current liabilities (27) (15)
Other assets (4) 12
Other liabilities 8 6
Net cash provided by operating activities 238 308
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (210) (208)
Purchases of debt and equity securities (5) (6)
Proceeds from sales and maturities of debt and equity securities 2 4
Notes receivable from affiliated companies (543)  
Other (6) (11)
Net cash used in investing activities (762) (221)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt 544  
Payments for the redemption of long-term debt   (60)
Notes payable to affiliated companies (30) (31)
Net cash provided by financing activities 514 (91)
Net increase (decrease) in cash, cash equivalents and restricted cash (10) (4)
Cash, cash equivalents and restricted cash at beginning of period 25 24
Cash, cash equivalents and restricted cash at end of period 15 20
Significant non-cash transactions:    
Accrued capital expenditures 70 76
Piedmont Natural Gas    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (attributable to parent) 178 122
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 46 42
Equity component of AFUDC (5)  
Deferred income taxes 12 23
Equity in earnings of unconsolidated affiliates (2) (2)
Provision for rate refunds (18) 7
(Increase) decrease in    
Receivables 65 27
Receivable from affiliated companies (3) 12
Inventory 33 45
Other current assets (9) 22
Increase (decrease) in    
Accounts payable (76) (44)
Accounts payable to affiliated companies 9 (4)
Taxes accrued 12 (49)
Other current liabilities (12) 15
Other assets 1 (3)
Other liabilities (1) (5)
Net cash provided by operating activities 230 208
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (231) (209)
Other (5) (2)
Net cash used in investing activities (236) (211)
CASH FLOWS FROM FINANCING ACTIVITIES    
Notes payable to affiliated companies 10 3
Net cash provided by financing activities 10 3
Net increase (decrease) in cash, cash equivalents and restricted cash 4  
Cash, cash equivalents and restricted cash at end of period 4  
Significant non-cash transactions:    
Accrued capital expenditures $ 114 $ 92