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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 379 $ 259
Receivables (net of allowance for doubtful accounts) 950 1,009
Receivables of VIEs (net of allowance for doubtful accounts) 1,834 2,144
Inventory 3,076 3,167
Regulatory assets (includes amounts related to VIEs) 1,650 1,641
Other (includes amounts related to VIEs) 619 462
Total current assets 8,508 8,682
Property, Plant and Equipment    
Cost 157,372 155,580
Accumulated depreciation and amortization (49,772) (48,827)
Generation facilities to be retired, net 29 29
Net property, plant and equipment 107,629 106,782
Other Noncurrent Assets    
Goodwill 19,303 19,303
Regulatory assets (includes amounts related to VIEs) 12,441 12,421
Nuclear decommissioning trust funds 9,410 9,114
Operating lease right-of-use assets, net 1,540 1,524
Investments in equity method unconsolidated affiliates 919 961
Other (includes amounts related to VIEs) 3,715 3,601
Total other noncurrent assets 47,328 46,924
Total Assets 163,465 162,388
Current Liabilities    
Accounts payable 2,497 3,144
Notes payable and commercial paper 4,064 2,873
Taxes accrued 574 482
Interest accrued 536 537
Current maturities of long-term debt (includes amounts related to VIEs) 5,586 4,238
Asset retirement obligations 709 718
Regulatory liabilities 1,509 1,377
Other 1,858 2,936
Total current liabilities 17,333 16,305
Long-Term Debt (includes amounts related to VIEs) 54,768 55,625
Other Noncurrent Liabilities    
Deferred income taxes 9,459 9,244
Asset retirement obligations 12,299 12,286
Regulatory liabilities 15,070 15,029
Operating lease liabilities 1,352 1,340
Accrued pension and other post-retirement benefit costs 1,010 969
Investment tax credits 747 687
Other (includes amounts related to VIEs) 1,769 1,719
Total other noncurrent liabilities 41,706 41,274
Commitments and Contingencies
Equity    
Common stock 1 1
Additional paid-in capital 43,761 43,767
Retained earnings 2,680 2,471
Accumulated other comprehensive loss (218) (237)
Total Duke Energy Corporation stockholders' equity 48,186 47,964
Noncontrolling interests 1,472 1,220
Total equity 49,658 49,184
Total Liabilities and Equity 163,465 162,388
Variable Interest Entity    
Current Assets    
Regulatory assets (includes amounts related to VIEs) 54 53
Other (includes amounts related to VIEs) 333 296
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 927 937
Other (includes amounts related to VIEs) 82 81
Current Liabilities    
Current maturities of long-term debt (includes amounts related to VIEs) 472 472
Long-Term Debt (includes amounts related to VIEs) 3,686 3,535
Other Noncurrent Liabilities    
Other (includes amounts related to VIEs) 331 316
Duke Energy Carolinas    
Current Assets    
Cash and cash equivalents 12 21
Receivables (net of allowance for doubtful accounts) 171 247
Receivables of VIEs (net of allowance for doubtful accounts) 613 696
Receivables from affiliated companies 119 124
Inventory 1,021 1,010
Regulatory assets (includes amounts related to VIEs) 433 473
Other (includes amounts related to VIEs) 90 20
Total current assets 2,459 2,591
Property, Plant and Equipment    
Cost 51,027 50,640
Accumulated depreciation and amortization (17,690) (17,453)
Net property, plant and equipment 33,337 33,187
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 3,028 2,996
Nuclear decommissioning trust funds 5,147 4,977
Operating lease right-of-use assets, net 105 110
Other (includes amounts related to VIEs) 1,185 1,187
Total other noncurrent assets 9,465 9,270
Total Assets 45,261 45,048
Current Liabilities    
Accounts payable 643 1,000
Accounts payable to affiliated companies 206 199
Notes payable to affiliated companies 508 506
Taxes accrued 138 76
Interest accrued 128 117
Current maturities of long-term debt (includes amounts related to VIEs) 507 506
Asset retirement obligations 258 264
Regulatory liabilities 559 473
Other 440 546
Total current liabilities 3,387 3,687
Long-Term Debt (includes amounts related to VIEs) 11,522 11,412
Long-Term Debt Payable to Affiliated Companies 300 300
Other Noncurrent Liabilities    
Deferred income taxes 3,913 3,842
Asset retirement obligations 5,117 5,086
Regulatory liabilities 6,540 6,535
Operating lease liabilities 93 97
Accrued pension and other post-retirement benefit costs 72 73
Investment tax credits 235 236
Other (includes amounts related to VIEs) 616 626
Total other noncurrent liabilities 16,586 16,495
Commitments and Contingencies
Equity    
Member's equity 13,473 13,161
Accumulated other comprehensive loss (7) (7)
Member's Equity 13,466 13,154
Total Liabilities and Equity 45,261 45,048
Progress Energy    
Current Assets    
Cash and cash equivalents 74 59
Receivables (net of allowance for doubtful accounts) 166 228
Receivables of VIEs (net of allowance for doubtful accounts) 749 901
Receivables from affiliated companies 76 157
Inventory 1,336 1,375
Regulatory assets (includes amounts related to VIEs) 821 758
Other (includes amounts related to VIEs) 257 109
Total current assets 3,479 3,587
Property, Plant and Equipment    
Cost 58,546 57,892
Accumulated depreciation and amortization (18,718) (18,368)
Generation facilities to be retired, net 29 29
Net property, plant and equipment 39,857 39,553
Other Noncurrent Assets    
Goodwill 3,655 3,655
Regulatory assets (includes amounts related to VIEs) 5,749 5,775
Nuclear decommissioning trust funds 4,263 4,137
Operating lease right-of-use assets, net 720 690
Other (includes amounts related to VIEs) 1,267 1,227
Total other noncurrent assets 15,654 15,484
Total Assets 58,990 58,624
Current Liabilities    
Accounts payable 796 919
Accounts payable to affiliated companies 321 289
Notes payable to affiliated companies 2,844 2,969
Taxes accrued 143 121
Interest accrued 187 202
Current maturities of long-term debt (includes amounts related to VIEs) 2,127 1,426
Asset retirement obligations 267 283
Regulatory liabilities 702 640
Other 744 793
Total current liabilities 8,131 7,642
Long-Term Debt (includes amounts related to VIEs) 17,056 17,688
Long-Term Debt Payable to Affiliated Companies 150 150
Other Noncurrent Liabilities    
Deferred income taxes 4,489 4,396
Asset retirement obligations 5,859 5,866
Regulatory liabilities 5,126 5,051
Operating lease liabilities 648 623
Accrued pension and other post-retirement benefit costs 501 505
Other (includes amounts related to VIEs) 500 462
Total other noncurrent liabilities 17,123 16,903
Commitments and Contingencies
Equity    
Additional paid-in capital 9,143 9,143
Retained earnings 7,400 7,109
Accumulated other comprehensive loss (15) (15)
Total Duke Energy Corporation stockholders' equity 16,528 16,237
Noncontrolling interests 2 4
Total equity 16,530 16,241
Total Liabilities and Equity 58,990 58,624
Progress Energy | Variable Interest Entity    
Current Assets    
Regulatory assets (includes amounts related to VIEs) 54 53
Other (includes amounts related to VIEs) 14 39
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 927 937
Current Liabilities    
Current maturities of long-term debt (includes amounts related to VIEs) 305 305
Long-Term Debt (includes amounts related to VIEs) 1,322 1,252
Duke Energy Progress    
Current Assets    
Cash and cash equivalents 46 39
Receivables (net of allowance for doubtful accounts) 80 132
Receivables of VIEs (net of allowance for doubtful accounts) 422 500
Receivables from affiliated companies 70 50
Inventory 882 911
Regulatory assets (includes amounts related to VIEs) 469 492
Other (includes amounts related to VIEs) 138 60
Total current assets 2,107 2,184
Property, Plant and Equipment    
Cost 36,077 35,759
Accumulated depreciation and amortization (13,064) (12,801)
Generation facilities to be retired, net 29 29
Net property, plant and equipment 23,042 22,987
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 4,033 3,976
Nuclear decommissioning trust funds 3,645 3,500
Operating lease right-of-use assets, net 386 346
Other (includes amounts related to VIEs) 759 740
Total other noncurrent assets 8,823 8,562
Total Assets 33,972 33,733
Current Liabilities    
Accounts payable 339 454
Accounts payable to affiliated companies 225 215
Notes payable to affiliated companies 163 295
Taxes accrued 73 85
Interest accrued 71 99
Current maturities of long-term debt (includes amounts related to VIEs) 1,302 603
Asset retirement obligations 267 283
Regulatory liabilities 618 530
Other 383 411
Total current liabilities 3,441 2,975
Long-Term Debt (includes amounts related to VIEs) 7,904 8,505
Long-Term Debt Payable to Affiliated Companies 150 150
Other Noncurrent Liabilities    
Deferred income taxes 2,374 2,298
Asset retirement obligations 5,366 5,352
Regulatory liabilities 4,454 4,394
Operating lease liabilities 356 323
Accrued pension and other post-retirement benefit costs 240 242
Investment tax credits 131 132
Other (includes amounts related to VIEs) 86 102
Total other noncurrent liabilities 13,007 12,843
Commitments and Contingencies
Equity    
Member's Equity 9,470 9,260
Total Liabilities and Equity 33,972 33,733
Duke Energy Florida    
Current Assets    
Cash and cash equivalents 22 11
Receivables (net of allowance for doubtful accounts) 84 94
Receivables of VIEs (net of allowance for doubtful accounts) 327 401
Receivables from affiliated companies 7 3
Inventory 455 464
Regulatory assets (includes amounts related to VIEs) 352 265
Other (includes amounts related to VIEs) 82 41
Total current assets 1,329 1,279
Property, Plant and Equipment    
Cost 22,459 22,123
Accumulated depreciation and amortization (5,646) (5,560)
Net property, plant and equipment 16,813 16,563
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 1,717 1,799
Nuclear decommissioning trust funds 617 637
Operating lease right-of-use assets, net 333 344
Other (includes amounts related to VIEs) 355 335
Total other noncurrent assets 3,022 3,115
Total Assets 21,164 20,957
Current Liabilities    
Accounts payable 457 465
Accounts payable to affiliated companies 108 85
Notes payable to affiliated companies 279 196
Taxes accrued 84 82
Interest accrued 75 69
Current maturities of long-term debt (includes amounts related to VIEs) 824 823
Regulatory liabilities 84 110
Other 356 374
Total current liabilities 2,267 2,204
Long-Term Debt (includes amounts related to VIEs) 7,060 7,092
Other Noncurrent Liabilities    
Deferred income taxes 2,209 2,191
Asset retirement obligations 493 514
Regulatory liabilities 672 658
Operating lease liabilities 292 300
Accrued pension and other post-retirement benefit costs 230 231
Other (includes amounts related to VIEs) 267 209
Total other noncurrent liabilities 4,163 4,103
Commitments and Contingencies
Equity    
Member's equity 7,677 7,560
Accumulated other comprehensive loss (3) (2)
Member's Equity 7,674 7,558
Total Liabilities and Equity 21,164 20,957
Duke Energy Florida | Variable Interest Entity    
Current Assets    
Regulatory assets (includes amounts related to VIEs) 54 53
Other (includes amounts related to VIEs) 14 39
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 927 937
Current Liabilities    
Current maturities of long-term debt (includes amounts related to VIEs) 305 305
Long-Term Debt (includes amounts related to VIEs) 972 1,002
Duke Energy Ohio    
Current Assets    
Cash and cash equivalents 18 14
Receivables (net of allowance for doubtful accounts) 98 98
Receivables from affiliated companies 60 102
Inventory 108 110
Regulatory assets (includes amounts related to VIEs) 54 39
Other (includes amounts related to VIEs) 18 31
Total current assets 356 394
Property, Plant and Equipment    
Cost 11,199 11,022
Accumulated depreciation and amortization (3,049) (3,013)
Net property, plant and equipment 8,150 8,009
Other Noncurrent Assets    
Goodwill 920 920
Regulatory assets (includes amounts related to VIEs) 620 610
Operating lease right-of-use assets, net 20 20
Other (includes amounts related to VIEs) 75 72
Total other noncurrent assets 1,635 1,622
Total Assets 10,141 10,025
Current Liabilities    
Accounts payable 266 279
Accounts payable to affiliated companies 56 68
Notes payable to affiliated companies 270 169
Taxes accrued 192 247
Interest accrued 32 31
Current maturities of long-term debt (includes amounts related to VIEs) 50 50
Asset retirement obligations 8 3
Regulatory liabilities 59 65
Other 67 70
Total current liabilities 1,000 982
Long-Term Debt (includes amounts related to VIEs) 3,015 3,014
Long-Term Debt Payable to Affiliated Companies 25 25
Other Noncurrent Liabilities    
Deferred income taxes 1,001 981
Asset retirement obligations 104 108
Regulatory liabilities 739 748
Operating lease liabilities 20 20
Accrued pension and other post-retirement benefit costs 114 113
Other (includes amounts related to VIEs) 97 99
Total other noncurrent liabilities 2,075 2,069
Commitments and Contingencies
Equity    
Common stock 762 762
Additional paid-in capital 2,776 2,776
Retained earnings 488 397
Total Duke Energy Corporation stockholders' equity 4,026 3,935
Total Liabilities and Equity 10,141 10,025
Duke Energy Indiana    
Current Assets    
Cash and cash equivalents 17 7
Receivables (net of allowance for doubtful accounts) 63 55
Receivables from affiliated companies 62 112
Notes receivable from affiliated companies 51  
Inventory 436 473
Regulatory assets (includes amounts related to VIEs) 151 125
Other (includes amounts related to VIEs) 34 37
Total current assets 814 809
Property, Plant and Equipment    
Cost 17,548 17,382
Accumulated depreciation and amortization (5,821) (5,661)
Net property, plant and equipment 11,727 11,721
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 1,217 1,203
Operating lease right-of-use assets, net 54 55
Other (includes amounts related to VIEs) 251 253
Total other noncurrent assets 1,522 1,511
Total Assets 14,063 14,041
Current Liabilities    
Accounts payable 163 188
Accounts payable to affiliated companies 72 88
Notes payable to affiliated companies   131
Taxes accrued 122 62
Interest accrued 59 51
Current maturities of long-term debt (includes amounts related to VIEs) 123 70
Asset retirement obligations 176 168
Regulatory liabilities 119 111
Other 82 83
Total current liabilities 916 952
Long-Term Debt (includes amounts related to VIEs) 3,818 3,871
Long-Term Debt Payable to Affiliated Companies 150 150
Other Noncurrent Liabilities    
Deferred income taxes 1,230 1,228
Asset retirement obligations 997 1,008
Regulatory liabilities 1,629 1,627
Operating lease liabilities 52 53
Accrued pension and other post-retirement benefit costs 172 171
Investment tax credits 168 168
Other (includes amounts related to VIEs) 35 30
Total other noncurrent liabilities 4,283 4,285
Commitments and Contingencies
Equity    
Member's Equity 4,896 4,783
Total Liabilities and Equity 14,063 14,041
Piedmont    
Current Assets    
Cash and cash equivalents 1 0
Receivables (net of allowance for doubtful accounts) 257 250
Receivables from affiliated companies 10 10
Notes receivable from affiliated companies 198 0
Inventory 37 68
Regulatory assets (includes amounts related to VIEs) 100 153
Other (includes amounts related to VIEs) 12 20
Total current assets 615 501
Property, Plant and Equipment    
Cost 9,358 9,134
Accumulated depreciation and amortization (1,809) (1,749)
Net property, plant and equipment 7,549 7,385
Other Noncurrent Assets    
Goodwill 49 49
Regulatory assets (includes amounts related to VIEs) 324 302
Operating lease right-of-use assets, net 19 20
Investments in equity method unconsolidated affiliates 88 88
Other (includes amounts related to VIEs) 274 270
Total other noncurrent assets 754 729
Total Assets 8,918 8,615
Current Liabilities    
Accounts payable 166 230
Accounts payable to affiliated companies 58 79
Notes payable to affiliated companies   530
Taxes accrued 68 23
Interest accrued 37 34
Current maturities of long-term debt (includes amounts related to VIEs) 160 160
Regulatory liabilities 70 88
Other 73 69
Total current liabilities 632 1,213
Long-Term Debt (includes amounts related to VIEs) 2,967 2,620
Other Noncurrent Liabilities    
Deferred income taxes 837 821
Asset retirement obligations 20 20
Regulatory liabilities 1,015 1,044
Operating lease liabilities 17 19
Accrued pension and other post-retirement benefit costs 8 8
Other (includes amounts related to VIEs) 179 155
Total other noncurrent liabilities 2,076 2,067
Commitments and Contingencies
Equity    
Common stock 1,635 1,310
Retained earnings 1,608 1,405
Total Duke Energy Corporation stockholders' equity 3,243 2,715
Total Liabilities and Equity 8,918 8,615
Preferred stock, Series A    
Equity    
Preferred stock 973 973
Preferred stock, Series B    
Equity    
Preferred stock $ 989 $ 989