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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 941 $ 890
Net income 992 938
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 1,385 1,301
Equity in losses (earnings) of unconsolidated affiliates 17 (44)
Equity component of AFUDC (42) (40)
Deferred income taxes 86 422
Payments for asset retirement obligations (114) (132)
(Increase) decrease in    
Receivables 377 466
Inventory 91 (92)
Other current assets (47) (131)
Increase (decrease) in    
Accounts payable (467) (657)
Taxes accrued 104 113
Other current liabilities (263) (455)
Other assets 51 (37)
Other liabilities (31) (50)
Net cash provided by operating activities 2,088 1,554
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (2,215) (2,832)
Contributions to equity method investments   (77)
Purchases of debt and equity securities (1,584) (1,392)
Proceeds from sales and maturities of debt and equity securities 1,601 1,347
Disbursements to canceled equity method investments (855)  
Other (84) (68)
Net cash used in investing activities (3,137) (3,022)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt 608 1,954
Proceeds from the issuance of common stock 5 40
Payments for the redemption of long-term debt (76) (292)
Proceeds from the issuance of short-term debt with original maturities greater than 90 days 50 1,784
Payments for the redemption of short-term debt with original maturities greater than 90 days (909) (17)
Notes payable and commercial paper 2,046 (198)
Contributions from noncontrolling interests 303 103
Dividends paid (783) (707)
Other (59) (74)
Net cash provided by financing activities 1,185 2,593
Net increase in cash, cash equivalents and restricted cash 136 1,125
Cash, cash equivalents and restricted cash at beginning of period 556 573
Cash, cash equivalents and restricted cash at end of period 692 1,698
Significant non-cash transactions:    
Accrued capital expenditures 921 934
Non-cash dividends   27
Duke Energy Carolinas    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 312 339
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 428 414
Equity component of AFUDC (16) (14)
Deferred income taxes (8) 22
Payments for asset retirement obligations (35) (41)
(Increase) decrease in    
Receivables 156 156
Receivables from affiliated companies 5 27
Inventory (11) (72)
Other current assets (48) 96
Increase (decrease) in    
Accounts payable (255) (253)
Accounts payable to affiliated companies 7 15
Taxes accrued 62 87
Other current liabilities (77) (108)
Other assets 43 (60)
Other liabilities (17) (10)
Net cash provided by operating activities 546 598
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (622) (724)
Purchases of debt and equity securities (1,128) (607)
Proceeds from sales and maturities of debt and equity securities 1,128 607
Notes receivable from affiliated companies   (436)
Other (43) (18)
Net cash used in investing activities (665) (1,178)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt 142 910
Payments for the redemption of long-term debt (33) (2)
Notes payable to affiliated companies 2 (29)
Distributions to parent   (300)
Other (1) (1)
Net cash provided by financing activities 110 578
Net increase in cash, cash equivalents and restricted cash (9) (2)
Cash, cash equivalents and restricted cash at beginning of period 21 18
Cash, cash equivalents and restricted cash at end of period 12 16
Significant non-cash transactions:    
Accrued capital expenditures 268 254
Progress Energy    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 290 283
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 575 552
Equity component of AFUDC (13) (14)
Deferred income taxes 79 80
Payments for asset retirement obligations (69) (79)
(Increase) decrease in    
Net realized and unrealized mark-to-market and hedging transactions 6 1
Receivables 214 149
Receivables from affiliated companies 81 27
Inventory 39 (40)
Other current assets (150) 43
Increase (decrease) in    
Accounts payable (69) (211)
Accounts payable to affiliated companies 32 19
Taxes accrued 23 71
Other current liabilities (60) (128)
Other assets (27) (38)
Other liabilities (64) (56)
Net cash provided by operating activities 887 659
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (796) (972)
Purchases of debt and equity securities (517) (651)
Proceeds from sales and maturities of debt and equity securities 537 643
Notes receivable from affiliated companies   164
Other (59) (39)
Net cash used in investing activities (835) (855)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt 98  
Payments for the redemption of long-term debt (34) (283)
Notes payable to affiliated companies (125) 479
Other (2) (1)
Net cash provided by financing activities (63) 195
Net increase in cash, cash equivalents and restricted cash (11) (1)
Cash, cash equivalents and restricted cash at beginning of period 200 126
Cash, cash equivalents and restricted cash at end of period 189 125
Significant non-cash transactions:    
Accrued capital expenditures 317 310
Duke Energy Progress    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 210 204
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 331 331
Equity component of AFUDC (8) (10)
Deferred income taxes 6 43
Payments for asset retirement obligations (46) (75)
(Increase) decrease in    
Net realized and unrealized mark-to-market and hedging transactions 2 (2)
Receivables 131 133
Receivables from affiliated companies (20) 2
Inventory 29 (22)
Other current assets (21) 54
Increase (decrease) in    
Accounts payable (62) (220)
Accounts payable to affiliated companies 10 5
Taxes accrued (12) 26
Other current liabilities (25) (73)
Other assets (35) (48)
Other liabilities (15) (8)
Net cash provided by operating activities 475 340
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (400) (466)
Purchases of debt and equity securities (382) (550)
Proceeds from sales and maturities of debt and equity securities 380 540
Other (29) (16)
Net cash used in investing activities (431) (492)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt 98  
Payments for the redemption of long-term debt (2) (1)
Notes payable to affiliated companies (132) 163
Other (1)  
Net cash provided by financing activities (37) 162
Net increase in cash, cash equivalents and restricted cash 7 10
Cash, cash equivalents and restricted cash at beginning of period 39 22
Cash, cash equivalents and restricted cash at end of period 46 32
Significant non-cash transactions:    
Accrued capital expenditures 96 87
Duke Energy Florida    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 117 120
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 243 219
Equity component of AFUDC (4) (4)
Deferred income taxes 74 34
Payments for asset retirement obligations (24) (5)
(Increase) decrease in    
Net realized and unrealized mark-to-market and hedging transactions 2 3
Receivables 83 15
Receivables from affiliated companies (4)  
Inventory 10 (19)
Other current assets (101) 7
Increase (decrease) in    
Accounts payable (7) 11
Accounts payable to affiliated companies 23 (20)
Taxes accrued 3 31
Other current liabilities (41) (58)
Other assets 12 13
Other liabilities (48) (46)
Net cash provided by operating activities 338 301
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (396) (506)
Purchases of debt and equity securities (134) (101)
Proceeds from sales and maturities of debt and equity securities 157 103
Notes receivable from affiliated companies   173
Other (30) (23)
Net cash used in investing activities (403) (354)
CASH FLOWS FROM FINANCING ACTIVITIES    
Payments for the redemption of long-term debt (33) (282)
Notes payable to affiliated companies 83 305
Other   (1)
Net cash provided by financing activities 50 22
Net increase in cash, cash equivalents and restricted cash (15) (31)
Cash, cash equivalents and restricted cash at beginning of period 50 56
Cash, cash equivalents and restricted cash at end of period 35 25
Significant non-cash transactions:    
Accrued capital expenditures 222 223
Duke Energy Ohio    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 91 65
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 75 69
Equity component of AFUDC (2) (1)
Deferred income taxes 12 14
(Increase) decrease in    
Receivables   1
Receivables from affiliated companies 5 40
Inventory 2 14
Other current assets (5) 8
Increase (decrease) in    
Accounts payable 8 (19)
Accounts payable to affiliated companies (12)  
Taxes accrued (55) (49)
Other current liabilities (8) 2
Other assets (16) (2)
Other liabilities 1 (5)
Net cash provided by operating activities 96 137
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (220) (217)
Notes receivable from affiliated companies 37  
Other (10) (10)
Net cash used in investing activities (193) (227)
CASH FLOWS FROM FINANCING ACTIVITIES    
Notes payable to affiliated companies 101 87
Net cash provided by financing activities 101 87
Net increase in cash, cash equivalents and restricted cash 4 (3)
Cash, cash equivalents and restricted cash at beginning of period 14 17
Cash, cash equivalents and restricted cash at end of period 18 14
Significant non-cash transactions:    
Accrued capital expenditures 84 66
Duke Energy Indiana    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 112 99
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 153 133
Equity component of AFUDC (5) (6)
Deferred income taxes (12) 16
Payments for asset retirement obligations (10) (12)
(Increase) decrease in    
Net realized and unrealized mark-to-market and hedging transactions 1  
Receivables (9) 15
Receivables from affiliated companies   3
Inventory 38 (21)
Other current assets (23) 25
Increase (decrease) in    
Accounts payable 1 (13)
Accounts payable to affiliated companies (16) (21)
Taxes accrued 71 43
Other current liabilities 20 (27)
Other assets 3 (4)
Other liabilities 12 8
Net cash provided by operating activities 336 238
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (186) (210)
Purchases of debt and equity securities (5) (5)
Proceeds from sales and maturities of debt and equity securities 4 2
Notes receivable from affiliated companies (1) (543)
Other (7) (6)
Net cash used in investing activities (195) (762)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt   544
Notes payable to affiliated companies (131) (30)
Net cash provided by financing activities (131) 514
Net increase in cash, cash equivalents and restricted cash 10 (10)
Cash, cash equivalents and restricted cash at beginning of period 7 25
Cash, cash equivalents and restricted cash at end of period 17 15
Significant non-cash transactions:    
Accrued capital expenditures 74 70
Piedmont    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 203 178
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 48 46
Equity in losses (earnings) of unconsolidated affiliates (2) (2)
Equity component of AFUDC (6) (5)
Deferred income taxes (12) 12
(Increase) decrease in    
Receivables (8) 65
Receivables from affiliated companies   (3)
Inventory 31 33
Other current assets 66 (9)
Increase (decrease) in    
Accounts payable (63) (76)
Accounts payable to affiliated companies (21) 9
Taxes accrued 45 12
Other current liabilities (16) (12)
Other assets 2 1
Other liabilities (2) (19)
Net cash provided by operating activities 265 230
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (200) (231)
Notes receivable from affiliated companies (198)  
Other (8) (5)
Net cash used in investing activities (406) (236)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt 347  
Notes payable to affiliated companies (530) 10
Capital contributions from parent 325  
Net cash provided by financing activities 142 10
Net increase in cash, cash equivalents and restricted cash 1 4
Cash, cash equivalents and restricted cash at end of period 1 4
Significant non-cash transactions:    
Accrued capital expenditures $ 106 $ 114