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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 259 $ 311
Receivables (net of allowance for doubtful accounts) 1,009 1,066
Receivables of VIEs (net of allowance for doubtful accounts) 2,144 1,994
Inventory 3,167 3,232
Regulatory assets (includes amounts related to VIEs) 1,641 1,796
Other (including amounts related to VIEs) 462 764
Total current assets 8,682 9,163
Property, Plant and Equipment    
Cost 155,580 147,654
Accumulated depreciation and amortization (48,827) (45,773)
Generation facilities to be retired, net 29 246
Net property, plant and equipment 106,782 102,127
Other Noncurrent Assets    
Goodwill 19,303 19,303
Regulatory assets (includes amounts related to VIEs) 12,421 13,222
Nuclear decommissioning trust funds 9,114 8,140
Operating lease right-of-use assets, net 1,524 1,658
Investments in equity method unconsolidated affiliates 961 1,936
Other (including amounts related to VIEs) 3,601 3,289
Total other noncurrent assets 46,924 47,548
Total Assets 162,388 158,838
Current Liabilities    
Accounts payable 3,144 3,487
Notes payable and commercial paper 2,873 3,135
Taxes accrued 482 392
Interest accrued 537 565
Current maturities of long-term debt (includes amounts related to VIEs) 4,238 3,141
Asset retirement obligations 718 881
Regulatory liabilities 1,377 784
Other 2,936 2,367
Total current liabilities 16,305 14,752
Long-Term Debt (includes amounts related to VIEs) 55,625 54,985
Other Noncurrent Liabilities    
Deferred income taxes 9,244 8,878
Asset retirement obligations 12,286 12,437
Regulatory liabilities 15,029 15,264
Operating lease liabilities 1,340 1,432
Accrued pension and other post-retirement benefit costs 969 934
Investment tax credits 687 624
Other (includes amounts related to VIEs) 1,719 1,581
Total other noncurrent liabilities 41,274 41,150
Commitments and Contingencies
Equity    
Common stock 1 1
Additional paid-in capital 43,767 40,881
Retained earnings 2,471 4,108
Accumulated other comprehensive (loss) income (237) (130)
Total Parent stockholders' equity 47,964 46,822
Noncontrolling interests 1,220 1,129
Total equity 49,184 47,951
Total Liabilities and Equity 162,388 158,838
VIEs    
Current Assets    
Regulatory assets (includes amounts related to VIEs) 53 52
Other (including amounts related to VIEs) 296 242
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 937 989
Other (including amounts related to VIEs) 81 110
Current Liabilities    
Current maturities of long-term debt (includes amounts related to VIEs) 472 216
Long-Term Debt (includes amounts related to VIEs) 3,535 3,997
Other Noncurrent Liabilities    
Other (includes amounts related to VIEs) 316 228
Series A Preferred Stock    
Equity    
Preferred stock 973 973
Series B Preferred Stock    
Equity    
Preferred stock 989 989
Duke Energy Carolinas    
Current Assets    
Cash and cash equivalents 21 18
Receivables (net of allowance for doubtful accounts) 247 324
Receivables of VIEs (net of allowance for doubtful accounts) 696 642
Receivables from affiliated companies 124 114
Inventory 1,010 996
Regulatory assets (includes amounts related to VIEs) 473 550
Other (including amounts related to VIEs) 20 21
Total current assets 2,591 2,665
Property, Plant and Equipment    
Cost 50,640 48,922
Accumulated depreciation and amortization (17,453) (16,525)
Net property, plant and equipment 33,187 32,397
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 2,996 3,360
Nuclear decommissioning trust funds 4,977 4,359
Operating lease right-of-use assets, net 110 123
Other (including amounts related to VIEs) 1,187 1,149
Total other noncurrent assets 9,270 8,991
Total Assets 45,048 44,053
Current Liabilities    
Accounts payable 1,000 954
Accounts payable to affiliated companies 199 210
Notes payable to affiliated companies 506 29
Taxes accrued 76 46
Interest accrued 117 115
Current maturities of long-term debt (includes amounts related to VIEs) 506 458
Asset retirement obligations 264 206
Regulatory liabilities 473 255
Other 546 611
Total current liabilities 3,687 2,884
Long-Term Debt (includes amounts related to VIEs) 11,412 11,142
Long-Term Debt Payable to Affiliated Companies 300 300
Other Noncurrent Liabilities    
Deferred income taxes 3,842 3,921
Asset retirement obligations 5,086 5,528
Regulatory liabilities 6,535 6,423
Operating lease liabilities 97 102
Accrued pension and other post-retirement benefit costs 73 84
Investment tax credits 236 231
Other (includes amounts related to VIEs) 626 627
Total other noncurrent liabilities 16,495 16,916
Commitments and Contingencies
Equity    
Member's equity 13,161 12,818
Accumulated other comprehensive (loss) income (7) (7)
Total member's equity 13,154 12,811
Total Liabilities and Equity 45,048 44,053
Progress Energy    
Current Assets    
Cash and cash equivalents 59 48
Receivables (net of allowance for doubtful accounts) 228 220
Receivables of VIEs (net of allowance for doubtful accounts) 901 830
Receivables from affiliated companies 157 76
Notes receivable from affiliated companies   164
Inventory 1,375 1,423
Regulatory assets (includes amounts related to VIEs) 758 946
Other (including amounts related to VIEs) 109 210
Total current assets 3,587 3,917
Property, Plant and Equipment    
Cost 57,892 55,070
Accumulated depreciation and amortization (18,368) (17,159)
Generation facilities to be retired, net 29 246
Net property, plant and equipment 39,553 38,157
Other Noncurrent Assets    
Goodwill 3,655 3,655
Regulatory assets (includes amounts related to VIEs) 5,775 6,346
Nuclear decommissioning trust funds 4,137 3,782
Operating lease right-of-use assets, net 690 788
Other (including amounts related to VIEs) 1,227 1,049
Total other noncurrent assets 15,484 15,620
Total Assets 58,624 57,694
Current Liabilities    
Accounts payable 919 1,104
Accounts payable to affiliated companies 289 310
Notes payable to affiliated companies 2,969 1,821
Taxes accrued 121 46
Interest accrued 202 228
Current maturities of long-term debt (includes amounts related to VIEs) 1,426 1,577
Asset retirement obligations 283 485
Regulatory liabilities 640 330
Other 793 902
Total current liabilities 7,642 6,803
Long-Term Debt (includes amounts related to VIEs) 17,688 17,907
Long-Term Debt Payable to Affiliated Companies 150 150
Other Noncurrent Liabilities    
Deferred income taxes 4,396 4,462
Asset retirement obligations 5,866 5,986
Regulatory liabilities 5,051 5,225
Operating lease liabilities 623 697
Accrued pension and other post-retirement benefit costs 505 488
Other (includes amounts related to VIEs) 462 383
Total other noncurrent liabilities 16,903 17,241
Commitments and Contingencies
Equity    
Additional paid-in capital 9,143 9,143
Retained earnings 7,109 6,465
Accumulated other comprehensive (loss) income (15) (18)
Total Parent stockholders' equity 16,237 15,590
Noncontrolling interests 4 3
Total equity 16,241 15,593
Total Liabilities and Equity 58,624 57,694
Progress Energy | VIEs    
Current Assets    
Regulatory assets (includes amounts related to VIEs) 53 52
Other (including amounts related to VIEs) 39 39
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 937 989
Current Liabilities    
Current maturities of long-term debt (includes amounts related to VIEs) 305 54
Long-Term Debt (includes amounts related to VIEs) 1,252 1,632
Duke Energy Progress    
Current Assets    
Cash and cash equivalents 39 22
Receivables (net of allowance for doubtful accounts) 132 123
Receivables of VIEs (net of allowance for doubtful accounts) 500 489
Receivables from affiliated companies 50 52
Inventory 911 934
Regulatory assets (includes amounts related to VIEs) 492 526
Other (including amounts related to VIEs) 60 60
Total current assets 2,184 2,206
Property, Plant and Equipment    
Cost 35,759 34,603
Accumulated depreciation and amortization (12,801) (11,915)
Generation facilities to be retired, net 29 246
Net property, plant and equipment 22,987 22,934
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 3,976 4,152
Nuclear decommissioning trust funds 3,500 3,047
Operating lease right-of-use assets, net 346 387
Other (including amounts related to VIEs) 740 651
Total other noncurrent assets 8,562 8,237
Total Assets 33,733 33,377
Current Liabilities    
Accounts payable 454 629
Accounts payable to affiliated companies 215 203
Notes payable to affiliated companies 295 66
Taxes accrued 85 17
Interest accrued 99 110
Current maturities of long-term debt (includes amounts related to VIEs) 603 1,006
Asset retirement obligations 283 485
Regulatory liabilities 530 236
Other 411 478
Total current liabilities 2,975 3,230
Long-Term Debt (includes amounts related to VIEs) 8,505 7,902
Long-Term Debt Payable to Affiliated Companies 150 150
Other Noncurrent Liabilities    
Deferred income taxes 2,298 2,388
Asset retirement obligations 5,352 5,408
Regulatory liabilities 4,394 4,232
Operating lease liabilities 323 354
Accrued pension and other post-retirement benefit costs 242 238
Investment tax credits 132 137
Other (includes amounts related to VIEs) 102 92
Total other noncurrent liabilities 12,843 12,849
Commitments and Contingencies
Equity    
Total member's equity 9,260 9,246
Total Liabilities and Equity 33,733 33,377
Duke Energy Florida    
Current Assets    
Cash and cash equivalents 11 17
Receivables (net of allowance for doubtful accounts) 94 96
Receivables of VIEs (net of allowance for doubtful accounts) 401 341
Receivables from affiliated companies 3  
Notes receivable from affiliated companies   173
Inventory 464 489
Regulatory assets (includes amounts related to VIEs) 265 419
Other (including amounts related to VIEs) 41 58
Total current assets 1,279 1,593
Property, Plant and Equipment    
Cost 22,123 20,457
Accumulated depreciation and amortization (5,560) (5,236)
Net property, plant and equipment 16,563 15,221
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 1,799 2,194
Nuclear decommissioning trust funds 637 734
Operating lease right-of-use assets, net 344 401
Other (including amounts related to VIEs) 335 311
Total other noncurrent assets 3,115 3,640
Total Assets 20,957 20,454
Current Liabilities    
Accounts payable 465 474
Accounts payable to affiliated companies 85 131
Notes payable to affiliated companies 196  
Taxes accrued 82 43
Interest accrued 69 75
Current maturities of long-term debt (includes amounts related to VIEs) 823 571
Regulatory liabilities 110 94
Other 374 415
Total current liabilities 2,204 1,803
Long-Term Debt (includes amounts related to VIEs) 7,092 7,416
Other Noncurrent Liabilities    
Deferred income taxes 2,191 2,179
Asset retirement obligations 514 578
Regulatory liabilities 658 993
Operating lease liabilities 300 343
Accrued pension and other post-retirement benefit costs 231 218
Other (includes amounts related to VIEs) 209 136
Total other noncurrent liabilities 4,103 4,447
Commitments and Contingencies
Equity    
Member's equity 7,560 6,789
Accumulated other comprehensive (loss) income (2) (1)
Total member's equity 7,558 6,788
Total Liabilities and Equity 20,957 20,454
Duke Energy Florida | VIEs    
Current Assets    
Regulatory assets (includes amounts related to VIEs) 53 52
Other (including amounts related to VIEs) 39  
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 937 989
Current Liabilities    
Current maturities of long-term debt (includes amounts related to VIEs) 305 54
Long-Term Debt (includes amounts related to VIEs) 1,002 1,307
Duke Energy Ohio    
Current Assets    
Cash and cash equivalents 14 17
Receivables (net of allowance for doubtful accounts) 98 84
Receivables from affiliated companies 102 92
Inventory 110 135
Regulatory assets (includes amounts related to VIEs) 39 49
Other (including amounts related to VIEs) 31 21
Total current assets 394 398
Property, Plant and Equipment    
Cost 11,022 10,241
Accumulated depreciation and amortization (3,013) (2,843)
Net property, plant and equipment 8,009 7,398
Other Noncurrent Assets    
Goodwill 920 920
Regulatory assets (includes amounts related to VIEs) 610 549
Operating lease right-of-use assets, net 20 21
Other (including amounts related to VIEs) 72 52
Total other noncurrent assets 1,622 1,542
Total Assets 10,025 9,338
Current Liabilities    
Accounts payable 279 288
Accounts payable to affiliated companies 68 68
Notes payable to affiliated companies 169 312
Taxes accrued 247 219
Interest accrued 31 30
Current maturities of long-term debt (includes amounts related to VIEs) 50  
Asset retirement obligations 3 1
Regulatory liabilities 65 64
Other 70 75
Total current liabilities 982 1,057
Long-Term Debt (includes amounts related to VIEs) 3,014 2,594
Long-Term Debt Payable to Affiliated Companies 25 25
Other Noncurrent Liabilities    
Deferred income taxes 981 922
Asset retirement obligations 108 79
Regulatory liabilities 748 763
Operating lease liabilities 20 21
Accrued pension and other post-retirement benefit costs 113 100
Other (includes amounts related to VIEs) 99 94
Total other noncurrent liabilities 2,069 1,979
Commitments and Contingencies
Equity    
Common stock 762 762
Additional paid-in capital 2,776 2,776
Retained earnings 397 145
Total Parent stockholders' equity 3,935 3,683
Total Liabilities and Equity 10,025 9,338
Duke Energy Indiana    
Current Assets    
Cash and cash equivalents 7 25
Receivables (net of allowance for doubtful accounts) 55 60
Receivables from affiliated companies 112 79
Inventory 473 517
Regulatory assets (includes amounts related to VIEs) 125 90
Other (including amounts related to VIEs) 37 60
Total current assets 809 831
Property, Plant and Equipment    
Cost 17,382 16,305
Accumulated depreciation and amortization (5,661) (5,233)
Net property, plant and equipment 11,721 11,072
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 1,203 1,082
Operating lease right-of-use assets, net 55 57
Other (including amounts related to VIEs) 253 234
Total other noncurrent assets 1,511 1,373
Total Assets 14,041 13,276
Current Liabilities    
Accounts payable 188 201
Accounts payable to affiliated companies 88 87
Notes payable to affiliated companies 131 30
Taxes accrued 62 49
Interest accrued 51 58
Current maturities of long-term debt (includes amounts related to VIEs) 70 503
Asset retirement obligations 168 189
Regulatory liabilities 111 55
Other 83 112
Total current liabilities 952 1,284
Long-Term Debt (includes amounts related to VIEs) 3,871 3,404
Long-Term Debt Payable to Affiliated Companies 150 150
Other Noncurrent Liabilities    
Deferred income taxes 1,228 1,150
Asset retirement obligations 1,008 643
Regulatory liabilities 1,627 1,685
Operating lease liabilities 53 55
Accrued pension and other post-retirement benefit costs 171 148
Investment tax credits 168 164
Other (includes amounts related to VIEs) 30 18
Total other noncurrent liabilities 4,285 3,863
Commitments and Contingencies
Equity    
Total member's equity 4,783 4,575
Total Liabilities and Equity 14,041 13,276
Piedmont    
Current Assets    
Receivables (net of allowance for doubtful accounts) 250 241
Receivables from affiliated companies 10 10
Inventory 68 72
Regulatory assets (includes amounts related to VIEs) 153 73
Other (including amounts related to VIEs) 20 28
Total current assets 501 424
Property, Plant and Equipment    
Cost 9,134 8,446
Accumulated depreciation and amortization (1,749) (1,681)
Net property, plant and equipment 7,385 6,765
Other Noncurrent Assets    
Goodwill 49 49
Regulatory assets (includes amounts related to VIEs) 302 290
Operating lease right-of-use assets, net 20 24
Investments in equity method unconsolidated affiliates 88 83
Other (including amounts related to VIEs) 270 121
Total other noncurrent assets 729 567
Total Assets 8,615 7,756
Current Liabilities    
Accounts payable 230 215
Accounts payable to affiliated companies 79 3
Notes payable to affiliated companies 530 476
Taxes accrued 23 24
Interest accrued 34 33
Current maturities of long-term debt (includes amounts related to VIEs) 160 0
Regulatory liabilities 88 81
Other 69 67
Total current liabilities 1,213 899
Long-Term Debt (includes amounts related to VIEs) 2,620 2,384
Other Noncurrent Liabilities    
Deferred income taxes 821 708
Asset retirement obligations 20 17
Regulatory liabilities 1,044 1,131
Operating lease liabilities 19 23
Accrued pension and other post-retirement benefit costs 8 3
Other (includes amounts related to VIEs) 155 148
Total other noncurrent liabilities 2,067 2,030
Commitments and Contingencies
Equity    
Common stock 1,310 1,310
Retained earnings 1,405 1,133
Total Parent stockholders' equity 2,715 2,443
Total Liabilities and Equity $ 8,615 $ 7,756