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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 308 $ 311
Receivables (net of allowance for doubtful accounts) 719 1,066
Receivables of VIEs (net of allowance for doubtful accounts) 2,320 1,994
Inventory 3,190 3,232
Regulatory assets (includes amounts related to VIEs) 1,637 1,796
Other (includes amounts related to VIEs) 505 764
Total current assets 8,679 9,163
Property, Plant and Equipment    
Cost 153,916 147,654
Accumulated depreciation and amortization (48,185) (45,773)
Generation facilities to be retired, net 29 246
Net property, plant and equipment 105,760 102,127
Other Noncurrent Assets    
Goodwill 19,303 19,303
Regulatory assets (includes amounts related to VIEs) 13,264 13,222
Nuclear decommissioning trust funds 8,363 8,140
Operating lease right-of-use assets, net 1,577 1,658
Investments in equity method unconsolidated affiliates 924 1,936
Other (includes amounts related to VIEs) 3,539 3,289
Total other noncurrent assets 46,970 47,548
Total Assets 161,409 158,838
Current Liabilities    
Accounts payable 2,486 3,487
Notes payable and commercial paper 3,425 3,135
Taxes accrued 768 392
Interest accrued 556 565
Current maturities of long-term debt (includes amounts related to VIEs) 4,669 3,141
Asset retirement obligations 742 881
Regulatory liabilities 1,218 784
Other 2,829 2,367
Total current liabilities 16,693 14,752
Long-Term Debt (includes amounts related to VIEs) 56,049 54,985
Other Noncurrent Liabilities    
Deferred income taxes 9,170 8,878
Asset retirement obligations 12,912 12,437
Regulatory liabilities 14,546 15,264
Operating lease liabilities 1,379 1,432
Accrued pension and other post-retirement benefit costs 903 934
Investment tax credits 689 624
Other (includes amounts related to VIEs) 1,773 1,581
Total other noncurrent liabilities 41,372 41,150
Commitments and Contingencies
Equity    
Common stock 1 1
Additional paid-in capital 41,046 40,881
Retained earnings 3,260 4,108
Accumulated other comprehensive loss (263) (130)
Total Duke Energy Corporation stockholders' equity 46,006 46,822
Noncontrolling interests 1,289 1,129
Total equity 47,295 47,951
Total Liabilities and Equity 161,409 158,838
Duke Energy Carolinas    
Current Assets    
Cash and cash equivalents 23 18
Receivables (net of allowance for doubtful accounts) 177 324
Receivables of VIEs (net of allowance for doubtful accounts) 770 642
Receivables from affiliated companies 64 114
Notes receivable from affiliated companies 65  
Inventory 992 996
Regulatory assets (includes amounts related to VIEs) 495 550
Other (includes amounts related to VIEs) 44 21
Total current assets 2,630 2,665
Property, Plant and Equipment    
Cost 50,622 48,922
Accumulated depreciation and amortization (17,406) (16,525)
Net property, plant and equipment 33,216 32,397
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 3,400 3,360
Nuclear decommissioning trust funds 4,506 4,359
Operating lease right-of-use assets, net 117 123
Other (includes amounts related to VIEs) 1,179 1,149
Total other noncurrent assets 9,202 8,991
Total Assets 45,048 44,053
Current Liabilities    
Accounts payable 583 954
Accounts payable to affiliated companies 155 210
Notes payable to affiliated companies   29
Taxes accrued 398 46
Interest accrued 130 115
Current maturities of long-term debt (includes amounts related to VIEs) 751 458
Asset retirement obligations 267 206
Regulatory liabilities 430 255
Other 487 611
Total current liabilities 3,201 2,884
Long-Term Debt (includes amounts related to VIEs) 11,497 11,142
Long-Term Debt Payable to Affiliated Companies 300 300
Other Noncurrent Liabilities    
Deferred income taxes 3,915 3,921
Asset retirement obligations 5,507 5,528
Regulatory liabilities 6,243 6,423
Operating lease liabilities 102 102
Accrued pension and other post-retirement benefit costs 76 84
Investment tax credits 237 231
Other (includes amounts related to VIEs) 644 627
Total other noncurrent liabilities 16,724 16,916
Commitments and Contingencies
Equity    
Member's equity 13,333 12,818
Accumulated other comprehensive loss (7) (7)
Total member's equity 13,326 12,811
Total Liabilities and Equity 45,048 44,053
Progress Energy    
Current Assets    
Cash and cash equivalents 70 48
Receivables (net of allowance for doubtful accounts) 196 220
Receivables of VIEs (net of allowance for doubtful accounts) 1,071 830
Receivables from affiliated companies 44 76
Notes receivable from affiliated companies   164
Inventory 1,378 1,423
Regulatory assets (includes amounts related to VIEs) 775 946
Other (includes amounts related to VIEs) 81 210
Total current assets 3,615 3,917
Property, Plant and Equipment    
Cost 57,152 55,070
Accumulated depreciation and amortization (18,008) (17,159)
Generation facilities to be retired, net 29 246
Net property, plant and equipment 39,173 38,157
Other Noncurrent Assets    
Goodwill 3,655 3,655
Regulatory assets (includes amounts related to VIEs) 6,270 6,346
Nuclear decommissioning trust funds 3,857 3,782
Operating lease right-of-use assets, net 710 788
Other (includes amounts related to VIEs) 1,212 1,049
Total other noncurrent assets 15,704 15,620
Total Assets 58,492 57,694
Current Liabilities    
Accounts payable 795 1,104
Accounts payable to affiliated companies 208 310
Notes payable to affiliated companies 2,159 1,821
Taxes accrued 310 46
Interest accrued 199 228
Current maturities of long-term debt (includes amounts related to VIEs) 1,726 1,577
Asset retirement obligations 297 485
Regulatory liabilities 545 330
Other 756 902
Total current liabilities 6,995 6,803
Long-Term Debt (includes amounts related to VIEs) 17,989 17,907
Long-Term Debt Payable to Affiliated Companies 150 150
Other Noncurrent Liabilities    
Deferred income taxes 4,508 4,462
Asset retirement obligations 6,058 5,986
Regulatory liabilities 4,809 5,225
Operating lease liabilities 637 697
Accrued pension and other post-retirement benefit costs 474 488
Other (includes amounts related to VIEs) 443 383
Total other noncurrent liabilities 16,929 17,241
Commitments and Contingencies
Equity    
Additional paid-in capital 9,143 9,143
Retained earnings 7,296 6,465
Accumulated other comprehensive loss (13) (18)
Total Duke Energy Corporation stockholders' equity 16,426 15,590
Noncontrolling interests 3 3
Total equity 16,429 15,593
Total Liabilities and Equity 58,492 57,694
Duke Energy Progress    
Current Assets    
Cash and cash equivalents 43 22
Receivables (net of allowance for doubtful accounts) 103 123
Receivables of VIEs (net of allowance for doubtful accounts) 559 489
Receivables from affiliated companies 45 52
Inventory 910 934
Regulatory assets (includes amounts related to VIEs) 472 526
Other (includes amounts related to VIEs) 54 60
Total current assets 2,186 2,206
Property, Plant and Equipment    
Cost 35,479 34,603
Accumulated depreciation and amortization (12,548) (11,915)
Generation facilities to be retired, net 29 246
Net property, plant and equipment 22,960 22,934
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 4,449 4,152
Nuclear decommissioning trust funds 3,189 3,047
Operating lease right-of-use assets, net 357 387
Other (includes amounts related to VIEs) 720 651
Total other noncurrent assets 8,715 8,237
Total Assets 33,861 33,377
Current Liabilities    
Accounts payable 372 629
Accounts payable to affiliated companies 144 203
Notes payable to affiliated companies 167 66
Taxes accrued 207 17
Interest accrued 80 110
Current maturities of long-term debt (includes amounts related to VIEs) 603 1,006
Asset retirement obligations 297 485
Regulatory liabilities 436 236
Other 389 478
Total current liabilities 2,695 3,230
Long-Term Debt (includes amounts related to VIEs) 8,605 7,902
Long-Term Debt Payable to Affiliated Companies 150 150
Other Noncurrent Liabilities    
Deferred income taxes 2,426 2,388
Asset retirement obligations 5,503 5,408
Regulatory liabilities 4,140 4,232
Operating lease liabilities 329 354
Accrued pension and other post-retirement benefit costs 236 238
Investment tax credits 133 137
Other (includes amounts related to VIEs) 88 92
Total other noncurrent liabilities 12,855 12,849
Commitments and Contingencies
Equity    
Total member's equity 9,556 9,246
Total Liabilities and Equity 33,861 33,377
Duke Energy Florida    
Current Assets    
Cash and cash equivalents 19 17
Receivables (net of allowance for doubtful accounts) 91 96
Receivables of VIEs (net of allowance for doubtful accounts) 512 341
Receivables from affiliated companies 3  
Notes receivable from affiliated companies   173
Inventory 468 489
Regulatory assets (includes amounts related to VIEs) 303 419
Other (includes amounts related to VIEs) 25 58
Total current assets 1,421 1,593
Property, Plant and Equipment    
Cost 21,662 20,457
Accumulated depreciation and amortization (5,452) (5,236)
Net property, plant and equipment 16,210 15,221
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 1,821 2,194
Nuclear decommissioning trust funds 668 734
Operating lease right-of-use assets, net 354 401
Other (includes amounts related to VIEs) 341 311
Total other noncurrent assets 3,184 3,640
Total Assets 20,815 20,454
Current Liabilities    
Accounts payable 424 474
Accounts payable to affiliated companies 77 131
Notes payable to affiliated companies 66  
Taxes accrued 260 43
Interest accrued 73 75
Current maturities of long-term debt (includes amounts related to VIEs) 623 571
Regulatory liabilities 109 94
Other 359 415
Total current liabilities 1,991 1,803
Long-Term Debt (includes amounts related to VIEs) 7,294 7,416
Other Noncurrent Liabilities    
Deferred income taxes 2,175 2,179
Asset retirement obligations 555 578
Regulatory liabilities 669 993
Operating lease liabilities 308 343
Accrued pension and other post-retirement benefit costs 207 218
Other (includes amounts related to VIEs) 205 136
Total other noncurrent liabilities 4,119 4,447
Commitments and Contingencies
Equity    
Member's equity 7,411 6,789
Accumulated other comprehensive loss   (1)
Total member's equity 7,411 6,788
Total Liabilities and Equity 20,815 20,454
Duke Energy Ohio    
Current Assets    
Cash and cash equivalents 10 17
Receivables (net of allowance for doubtful accounts) 90 84
Receivables from affiliated companies 57 92
Inventory 130 135
Regulatory assets (includes amounts related to VIEs) 35 49
Other (includes amounts related to VIEs) 13 21
Total current assets 335 398
Property, Plant and Equipment    
Cost 10,804 10,241
Accumulated depreciation and amortization (2,989) (2,843)
Net property, plant and equipment 7,815 7,398
Other Noncurrent Assets    
Goodwill 920 920
Regulatory assets (includes amounts related to VIEs) 597 549
Operating lease right-of-use assets, net 20 21
Other (includes amounts related to VIEs) 62 52
Total other noncurrent assets 1,599 1,542
Total Assets 9,749 9,338
Current Liabilities    
Accounts payable 240 288
Accounts payable to affiliated companies 54 68
Notes payable to affiliated companies 85 312
Taxes accrued 193 219
Interest accrued 32 30
Asset retirement obligations 7 1
Regulatory liabilities 66 64
Other 73 75
Total current liabilities 750 1,057
Long-Term Debt (includes amounts related to VIEs) 3,064 2,594
Long-Term Debt Payable to Affiliated Companies 25 25
Other Noncurrent Liabilities    
Deferred income taxes 965 922
Asset retirement obligations 84 79
Regulatory liabilities 753 763
Operating lease liabilities 20 21
Accrued pension and other post-retirement benefit costs 104 100
Other (includes amounts related to VIEs) 100 94
Total other noncurrent liabilities 2,026 1,979
Commitments and Contingencies
Equity    
Common stock 762 762
Additional paid-in capital 2,776 2,776
Retained earnings 346 145
Total Duke Energy Corporation stockholders' equity 3,884 3,683
Total Liabilities and Equity 9,749 9,338
Duke Energy Indiana    
Current Assets    
Cash and cash equivalents 15 25
Receivables (net of allowance for doubtful accounts) 48 60
Receivables from affiliated companies 84 79
Inventory 507 517
Regulatory assets (includes amounts related to VIEs) 119 90
Other (includes amounts related to VIEs) 30 60
Total current assets 803 831
Property, Plant and Equipment    
Cost 17,223 16,305
Accumulated depreciation and amortization (5,579) (5,233)
Net property, plant and equipment 11,644 11,072
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 1,184 1,082
Operating lease right-of-use assets, net 55 57
Other (includes amounts related to VIEs) 228 234
Total other noncurrent assets 1,467 1,373
Total Assets 13,914 13,276
Current Liabilities    
Accounts payable 172 201
Accounts payable to affiliated companies 65 87
Notes payable to affiliated companies 83 30
Taxes accrued 110 49
Interest accrued 63 58
Current maturities of long-term debt (includes amounts related to VIEs) 13 503
Asset retirement obligations 170 189
Regulatory liabilities 76 55
Other 98 112
Total current liabilities 850 1,284
Long-Term Debt (includes amounts related to VIEs) 3,941 3,404
Long-Term Debt Payable to Affiliated Companies 150 150
Other Noncurrent Liabilities    
Deferred income taxes 1,179 1,150
Asset retirement obligations 1,044 643
Regulatory liabilities 1,648 1,685
Operating lease liabilities 53 55
Accrued pension and other post-retirement benefit costs 151 148
Investment tax credits 168 164
Other (includes amounts related to VIEs) 56 18
Total other noncurrent liabilities 4,299 3,863
Commitments and Contingencies
Equity    
Total member's equity 4,674 4,575
Total Liabilities and Equity 13,914 13,276
Piedmont Natural Gas    
Current Assets    
Receivables (net of allowance for doubtful accounts) 93 241
Receivables from affiliated companies 11 10
Inventory 47 72
Regulatory assets (includes amounts related to VIEs) 119 73
Other (includes amounts related to VIEs) 51 28
Total current assets 321 424
Property, Plant and Equipment    
Cost 8,882 8,446
Accumulated depreciation and amortization (1,713) (1,681)
Net property, plant and equipment 7,169 6,765
Other Noncurrent Assets    
Goodwill 49 49
Regulatory assets (includes amounts related to VIEs) 287 290
Operating lease right-of-use assets, net 21 24
Investments in equity method unconsolidated affiliates 86 83
Other (includes amounts related to VIEs) 279 121
Total other noncurrent assets 722 567
Total Assets 8,212 7,756
Current Liabilities    
Accounts payable 177 215
Accounts payable to affiliated companies 63 3
Notes payable to affiliated companies 327 476
Taxes accrued 36 24
Interest accrued 37 33
Current maturities of long-term debt (includes amounts related to VIEs) 160  
Regulatory liabilities 101 81
Other 59 67
Total current liabilities 960 899
Long-Term Debt (includes amounts related to VIEs) 2,620 2,384
Other Noncurrent Liabilities    
Deferred income taxes 775 708
Asset retirement obligations 17 17
Regulatory liabilities 1,070 1,131
Operating lease liabilities 20 23
Accrued pension and other post-retirement benefit costs 7 3
Other (includes amounts related to VIEs) 146 148
Total other noncurrent liabilities 2,035 2,030
Commitments and Contingencies
Equity    
Common stock 1,310 1,310
Retained earnings 1,287 1,133
Total Duke Energy Corporation stockholders' equity 2,597 2,443
Total Liabilities and Equity 8,212 7,756
Preferred stock, Series A    
Equity    
Preferred stock 973 973
Preferred stock, Series B    
Equity    
Preferred stock $ 989 $ 989