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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 548 $ 259
Receivables of VIEs (net of allowance for doubtful accounts) 998 1,009
Receivables (net of allowance for doubtful accounts) 2,431 2,144
Inventory 2,900 3,167
Regulatory assets (includes amounts related to VIEs) 1,791 1,641
Other (includes amounts related to VIEs) 768 462
Total current assets 9,436 8,682
Property, Plant and Equipment    
Cost 160,652 155,580
Accumulated depreciation and amortization (50,543) (48,827)
Facilities to be retired, net 127 29
Net property, plant and equipment 110,236 106,782
Other Noncurrent Assets    
Goodwill 19,303 19,303
Regulatory assets (includes amounts related to VIEs) 12,247 12,421
Nuclear decommissioning trust funds 9,861 9,114
Operating lease right-of-use assets, net 1,287 1,524
Investments in equity method unconsolidated affiliates 951 961
Other (includes amounts related to VIEs) 3,686 3,601
Total other noncurrent assets 47,335 46,924
Total Assets 167,007 162,388
Current Liabilities    
Accounts payable 2,888 3,144
Notes payable and commercial paper 2,098 2,873
Taxes accrued 908 482
Interest accrued 558 537
Current maturities of long-term debt (includes amounts related to VIEs) 4,873 4,238
Asset retirement obligations 673 718
Regulatory liabilities 1,319 1,377
Other 2,239 2,936
Total current liabilities 15,556 16,305
Long-Term Debt (includes amounts related to VIEs) 57,929 55,625
Other Noncurrent Liabilities    
Deferred income taxes 9,875 9,244
Asset retirement obligations 12,278 12,286
Regulatory liabilities 15,530 15,029
Operating lease liabilities 1,093 1,340
Accrued pension and other post-retirement benefit costs 988 969
Investment tax credits 804 687
Other (includes amounts related to VIEs) 1,714 1,719
Total other noncurrent liabilities 42,282 41,274
Commitments and Contingencies
Equity    
Common stock 1 1
Additional paid-in capital 44,348 43,767
Retained earnings 3,293 2,471
Accumulated other comprehensive loss (297) (237)
Total Duke Energy Corporation stockholders' equity 49,307 47,964
Noncontrolling interests 1,933 1,220
Total equity 51,240 49,184
Total Liabilities and Equity 167,007 162,388
Variable Interest Entity    
Current Assets    
Regulatory assets (includes amounts related to VIEs) 54 53
Other (includes amounts related to VIEs) 347 296
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 896 937
Other (includes amounts related to VIEs) 134 81
Current Liabilities    
Current maturities of long-term debt (includes amounts related to VIEs) 221 472
Long-Term Debt (includes amounts related to VIEs) 3,923 3,535
Other Noncurrent Liabilities    
Other (includes amounts related to VIEs) 341 316
Duke Energy Carolinas    
Current Assets    
Cash and cash equivalents 21 21
Receivables of VIEs (net of allowance for doubtful accounts) 915 696
Receivables (net of allowance for doubtful accounts) 278 247
Receivables from affiliated companies 85 124
Inventory 969 1,010
Regulatory assets (includes amounts related to VIEs) 460 473
Other (includes amounts related to VIEs) 104 20
Total current assets 2,832 2,591
Property, Plant and Equipment    
Cost 51,790 50,640
Accumulated depreciation and amortization (17,959) (17,453)
Facilities to be retired, net 89  
Net property, plant and equipment 33,920 33,187
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 2,743 2,996
Nuclear decommissioning trust funds 5,434 4,977
Operating lease right-of-use assets, net 95 110
Other (includes amounts related to VIEs) 1,197 1,187
Total other noncurrent assets 9,469 9,270
Total Assets 46,221 45,048
Current Liabilities    
Accounts payable 673 1,000
Accounts payable to affiliated companies 184 199
Notes payable to affiliated companies 86 506
Taxes accrued 391 76
Interest accrued 137 117
Current maturities of long-term debt (includes amounts related to VIEs) 357 506
Asset retirement obligations 245 264
Regulatory liabilities 503 473
Other 516 546
Total current liabilities 3,092 3,687
Long-Term Debt (includes amounts related to VIEs) 12,318 11,412
Long-Term Debt Payable to Affiliated Companies 300 300
Other Noncurrent Liabilities    
Deferred income taxes 3,893 3,842
Asset retirement obligations 5,134 5,086
Regulatory liabilities 6,867 6,535
Operating lease liabilities 83 97
Accrued pension and other post-retirement benefit costs 64 73
Investment tax credits 288 236
Other (includes amounts related to VIEs) 558 626
Total other noncurrent liabilities 16,887 16,495
Commitments and Contingencies
Equity    
Member's equity 13,631 13,161
Accumulated other comprehensive loss (7) (7)
Member's Equity 13,624 13,154
Total Liabilities and Equity 46,221 45,048
Progress Energy    
Current Assets    
Cash and cash equivalents 102 59
Receivables of VIEs (net of allowance for doubtful accounts) 981 901
Receivables (net of allowance for doubtful accounts) 268 228
Receivables from affiliated companies 61 157
Inventory 1,255 1,375
Regulatory assets (includes amounts related to VIEs) 864 758
Other (includes amounts related to VIEs) 178 109
Total current assets 3,709 3,587
Property, Plant and Equipment    
Cost 59,976 57,892
Accumulated depreciation and amortization (19,211) (18,368)
Facilities to be retired, net 27 29
Net property, plant and equipment 40,792 39,553
Other Noncurrent Assets    
Goodwill 3,655 3,655
Regulatory assets (includes amounts related to VIEs) 5,785 5,775
Nuclear decommissioning trust funds 4,427 4,137
Operating lease right-of-use assets, net 714 690
Other (includes amounts related to VIEs) 1,175 1,227
Total other noncurrent assets 15,756 15,484
Total Assets 60,257 58,624
Current Liabilities    
Accounts payable 898 919
Accounts payable to affiliated companies 221 289
Notes payable to affiliated companies 3,123 2,969
Taxes accrued 284 121
Interest accrued 175 202
Current maturities of long-term debt (includes amounts related to VIEs) 1,932 1,426
Asset retirement obligations 234 283
Regulatory liabilities 541 640
Other 856 793
Total current liabilities 8,264 7,642
Long-Term Debt (includes amounts related to VIEs) 17,406 17,688
Long-Term Debt Payable to Affiliated Companies 150 150
Other Noncurrent Liabilities    
Deferred income taxes 4,784 4,396
Asset retirement obligations 5,850 5,866
Regulatory liabilities 5,335 5,051
Operating lease liabilities 623 623
Accrued pension and other post-retirement benefit costs 490 505
Other (includes amounts related to VIEs) 473 462
Total other noncurrent liabilities 17,555 16,903
Commitments and Contingencies
Equity    
Additional paid-in capital 9,149 9,143
Retained earnings 7,743 7,109
Accumulated other comprehensive loss (13) (15)
Total Duke Energy Corporation stockholders' equity 16,879 16,237
Noncontrolling interests 3 4
Total equity 16,882 16,241
Total Liabilities and Equity 60,257 58,624
Progress Energy | Variable Interest Entity    
Current Assets    
Regulatory assets (includes amounts related to VIEs) 54 53
Other (includes amounts related to VIEs) 17 39
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 896 937
Current Liabilities    
Current maturities of long-term debt (includes amounts related to VIEs) 56 305
Long-Term Debt (includes amounts related to VIEs) 1,546 1,252
Duke Energy Progress    
Current Assets    
Cash and cash equivalents 51 39
Receivables of VIEs (net of allowance for doubtful accounts) 532 500
Receivables (net of allowance for doubtful accounts) 162 132
Receivables from affiliated companies 68 50
Inventory 815 911
Regulatory assets (includes amounts related to VIEs) 499 492
Other (includes amounts related to VIEs) 116 60
Total current assets 2,243 2,184
Property, Plant and Equipment    
Cost 36,666 35,759
Accumulated depreciation and amortization (13,365) (12,801)
Facilities to be retired, net 27 29
Net property, plant and equipment 23,328 22,987
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 3,955 3,976
Nuclear decommissioning trust funds 3,857 3,500
Operating lease right-of-use assets, net 402 346
Other (includes amounts related to VIEs) 772 740
Total other noncurrent assets 8,986 8,562
Total Assets 34,557 33,733
Current Liabilities    
Accounts payable 392 454
Accounts payable to affiliated companies 113 215
Notes payable to affiliated companies 117 295
Taxes accrued 163 85
Interest accrued 68 99
Current maturities of long-term debt (includes amounts related to VIEs) 1,207 603
Asset retirement obligations 234 283
Regulatory liabilities 439 530
Other 442 411
Total current liabilities 3,175 2,975
Long-Term Debt (includes amounts related to VIEs) 8,491 8,505
Long-Term Debt Payable to Affiliated Companies 150 150
Other Noncurrent Liabilities    
Deferred income taxes 2,488 2,298
Asset retirement obligations 5,407 5,352
Regulatory liabilities 4,685 4,394
Operating lease liabilities 359 323
Accrued pension and other post-retirement benefit costs 234 242
Investment tax credits 129 132
Other (includes amounts related to VIEs) 79 102
Total other noncurrent liabilities 13,381 12,843
Commitments and Contingencies
Equity    
Member's Equity 9,360 9,260
Total Liabilities and Equity 34,557 33,733
Duke Energy Florida    
Current Assets    
Cash and cash equivalents 40 11
Receivables of VIEs (net of allowance for doubtful accounts) 449 401
Receivables (net of allowance for doubtful accounts) 104 94
Receivables from affiliated companies 3 3
Inventory 439 464
Regulatory assets (includes amounts related to VIEs) 365 265
Other (includes amounts related to VIEs) 35 41
Total current assets 1,435 1,279
Property, Plant and Equipment    
Cost 23,300 22,123
Accumulated depreciation and amortization (5,839) (5,560)
Net property, plant and equipment 17,461 16,563
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 1,829 1,799
Nuclear decommissioning trust funds 570 637
Operating lease right-of-use assets, net 312 344
Other (includes amounts related to VIEs) 351 335
Total other noncurrent assets 3,062 3,115
Total Assets 21,958 20,957
Current Liabilities    
Accounts payable 506 465
Accounts payable to affiliated companies 129 85
Notes payable to affiliated companies 603 196
Taxes accrued 177 82
Interest accrued 72 69
Current maturities of long-term debt (includes amounts related to VIEs) 276 823
Regulatory liabilities 102 110
Other 403 374
Total current liabilities 2,268 2,204
Long-Term Debt (includes amounts related to VIEs) 7,273 7,092
Other Noncurrent Liabilities    
Deferred income taxes 2,382 2,191
Asset retirement obligations 443 514
Regulatory liabilities 649 658
Operating lease liabilities 265 300
Accrued pension and other post-retirement benefit costs 225 231
Other (includes amounts related to VIEs) 265 209
Total other noncurrent liabilities 4,229 4,103
Commitments and Contingencies
Equity    
Member's equity 8,190 7,560
Accumulated other comprehensive loss (2) (2)
Member's Equity 8,188 7,558
Total Liabilities and Equity 21,958 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) 17 39
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 896 937
Current Liabilities    
Current maturities of long-term debt (includes amounts related to VIEs) 56 305
Long-Term Debt (includes amounts related to VIEs) 1,196 1,002
Duke Energy Ohio    
Current Assets    
Cash and cash equivalents 16 14
Receivables (net of allowance for doubtful accounts) 107 98
Receivables from affiliated companies 77 102
Inventory 114 110
Regulatory assets (includes amounts related to VIEs) 61 39
Other (includes amounts related to VIEs) 45 31
Total current assets 420 394
Property, Plant and Equipment    
Cost 11,531 11,022
Accumulated depreciation and amortization (3,102) (3,013)
Net property, plant and equipment 8,429 8,009
Other Noncurrent Assets    
Goodwill 920 920
Regulatory assets (includes amounts related to VIEs) 634 610
Operating lease right-of-use assets, net 19 20
Other (includes amounts related to VIEs) 83 72
Total other noncurrent assets 1,656 1,622
Total Assets 10,505 10,025
Current Liabilities    
Accounts payable 304 279
Accounts payable to affiliated companies 59 68
Notes payable to affiliated companies 451 169
Taxes accrued 210 247
Interest accrued 32 31
Current maturities of long-term debt (includes amounts related to VIEs) 50 50
Asset retirement obligations 17 3
Regulatory liabilities 63 65
Other 68 70
Total current liabilities 1,254 982
Long-Term Debt (includes amounts related to VIEs) 3,017 3,014
Long-Term Debt Payable to Affiliated Companies 25 25
Other Noncurrent Liabilities    
Deferred income taxes 1,032 981
Asset retirement obligations 95 108
Regulatory liabilities 734 748
Operating lease liabilities 19 20
Accrued pension and other post-retirement benefit costs 114 113
Other (includes amounts related to VIEs) 92 99
Total other noncurrent liabilities 2,086 2,069
Commitments and Contingencies
Equity    
Common stock 762 762
Additional paid-in capital 2,776 2,776
Retained earnings 585 397
Total Duke Energy Corporation stockholders' equity 4,123 3,935
Total Liabilities and Equity 10,505 10,025
Duke Energy Indiana    
Current Assets    
Cash and cash equivalents 14 7
Receivables (net of allowance for doubtful accounts) 81 55
Receivables from affiliated companies 62 112
Notes receivable from affiliated companies 252  
Inventory 367 473
Regulatory assets (includes amounts related to VIEs) 196 125
Other (includes amounts related to VIEs) 59 37
Total current assets 1,031 809
Property, Plant and Equipment    
Cost 17,320 17,382
Accumulated depreciation and amortization (5,550) (5,661)
Net property, plant and equipment 11,770 11,721
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 1,300 1,203
Operating lease right-of-use assets, net 51 55
Other (includes amounts related to VIEs) 276 253
Total other noncurrent assets 1,627 1,511
Total Assets 14,428 14,041
Current Liabilities    
Accounts payable 239 188
Accounts payable to affiliated companies 198 88
Notes payable to affiliated companies   131
Taxes accrued 83 62
Interest accrued 59 51
Current maturities of long-term debt (includes amounts related to VIEs) 151 70
Asset retirement obligations 177 168
Regulatory liabilities 147 111
Other 104 83
Total current liabilities 1,158 952
Long-Term Debt (includes amounts related to VIEs) 3,791 3,871
Long-Term Debt Payable to Affiliated Companies 150 150
Other Noncurrent Liabilities    
Deferred income taxes 1,289 1,228
Asset retirement obligations 966 1,008
Regulatory liabilities 1,573 1,627
Operating lease liabilities 49 53
Accrued pension and other post-retirement benefit costs 172 171
Investment tax credits 172 168
Other (includes amounts related to VIEs) 53 30
Total other noncurrent liabilities 4,274 4,285
Commitments and Contingencies
Equity    
Member's Equity 5,055 4,783
Total Liabilities and Equity 14,428 14,041
Piedmont    
Current Assets    
Receivables (net of allowance for doubtful accounts) 96 250
Receivables from affiliated companies 11 10
Inventory 68 68
Regulatory assets (includes amounts related to VIEs) 125 153
Other (includes amounts related to VIEs) 59 20
Total current assets 359 501
Property, Plant and Equipment    
Cost 9,733 9,134
Accumulated depreciation and amortization (1,862) (1,749)
Facilities to be retired, net 11  
Net property, plant and equipment 7,882 7,385
Other Noncurrent Assets    
Goodwill 49 49
Regulatory assets (includes amounts related to VIEs) 335 302
Operating lease right-of-use assets, net 17 20
Investments in equity method unconsolidated affiliates 100 88
Other (includes amounts related to VIEs) 282 270
Total other noncurrent assets 783 729
Total Assets 9,024 8,615
Current Liabilities    
Accounts payable 184 230
Accounts payable to affiliated companies 31 79
Notes payable to affiliated companies 315 530
Taxes accrued 41 23
Interest accrued 35 34
Current maturities of long-term debt (includes amounts related to VIEs)   160
Regulatory liabilities 64 88
Other 76 69
Total current liabilities 746 1,213
Long-Term Debt (includes amounts related to VIEs) 2,968 2,620
Other Noncurrent Liabilities    
Deferred income taxes 875 821
Asset retirement obligations 21 20
Regulatory liabilities 1,004 1,044
Operating lease liabilities 15 19
Accrued pension and other post-retirement benefit costs 6 8
Other (includes amounts related to VIEs) 175 155
Total other noncurrent liabilities 2,096 2,067
Commitments and Contingencies
Equity    
Common stock 1,635 1,310
Retained earnings 1,579 1,405
Total Duke Energy Corporation stockholders' equity 3,214 2,715
Total Liabilities and Equity 9,024 8,615
Preferred stock, Series A    
Equity    
Preferred stock 973 973
Preferred stock, Series B    
Equity    
Preferred stock $ 989 $ 989