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Business Segments (Tables)
9 Months Ended
Sep. 30, 2022
Segment Reporting Information [Line Items]  
Business Segment Data
Business segment information is presented in the following tables. Segment assets presented exclude intercompany assets.
Three Months Ended September 30, 2022
ElectricGasTotal
Utilities andUtilities andCommercialReportable
(in millions)InfrastructureInfrastructureRenewablesSegmentsOtherEliminationsTotal
Unaffiliated revenues$7,431 $404 $127 $7,962 $6 $ $7,968 
Intersegment revenues8 23 3 34 23 (57) 
Total revenues$7,439 $427 $130 $7,996 $29 $(57)$7,968 
Segment income (loss)(a)
$1,540 $4 $2 $1,546 $(186)$ $1,360 
Less: Noncontrolling interests9 
Add: Preferred stock dividend39 
Income from discontinued operations, net of tax(b)
23 
Net Income$1,413 
Segment assets$149,518 $15,800 $7,507 $172,825 $3,519 $(4)$176,340 
Three Months Ended September 30, 2021
ElectricGasTotal
Utilities andUtilities andCommercialReportable
(in millions)InfrastructureInfrastructureRenewablesSegmentsOtherEliminationsTotal
Unaffiliated revenues$6,560 $266 $117 $6,943 $$— $6,951 
Intersegment revenues23 — 32 20 (52)— 
Total revenues$6,569 $289 $117 $6,975 $28 $(52)$6,951 
Segment income (loss)(c)(d)
$1,425 $(3)$78 $1,500 $(134)$— $1,366 
Less: Noncontrolling interests129 
Add: Preferred stock dividend39 
Net Income$1,276 
(a)Commercial Renewables includes a $6 million gain recorded within Nonregulated electric and other revenues related to mark-to-market derivative contracts on the Condensed Consolidated Statements of Operations.
(b)Discontinued operations includes a reduction to a previously accrued liability as a result of the expiration of tax statutes related to the International Disposal Group.
(c)Electric Utilities and Infrastructure includes $160 million recorded within Impairment of assets and other charges, $77 million within Other Income and expenses, $5 million within Operations, maintenance and other, $13 million within Regulated electric operating revenues and $3 million within Interest expense on the Duke Energy Carolinas' Condensed Consolidated Statement of Operations related to the 2018 South Carolina rate cases and the CCR settlement and insurance proceeds distributed in accordance with that agreement; it also includes $42 million recorded within Impairment of assets and other charges, $34 million within Other Income and expenses, $7 million within Operations, maintenance, and other, $15 million within Regulated electric operating revenues and $5 million within Interest expense on the Duke Energy Progress' Condensed Consolidated Statement of Operations.
(d)Other includes $8 million recorded within Impairment of assets and other charges, $1 million within Operations, maintenance and other on the Condensed Consolidated Statements of Operations, related to the workplace and workforce realignment.
Nine Months Ended September 30, 2022
ElectricGasTotal
Utilities andUtilities andCommercialReportable
(in millions)InfrastructureInfrastructureRenewablesSegmentsOtherEliminationsTotal
Unaffiliated revenues$19,552 $1,843 $369 $21,764 $21 $ $21,785 
Intersegment revenues24 69 3 96 68 (164) 
Total revenues$19,576 $1,912 $372 $21,860 $89 $(164)$21,785 
Segment income (loss)(a)(b)
$3,237 $277 $43 $3,557 $(486)$ $3,071 
Less: Noncontrolling interests73 
Add: Preferred stock dividend92 
Income from discontinued operations, net of tax(c)
23 
Net Income$3,113 
Nine Months Ended September 30, 2021
ElectricGasTotal
Utilities andUtilities andCommercialReportable
(in millions)InfrastructureInfrastructureRenewablesSegmentsOtherEliminationsTotal
Unaffiliated revenues$17,161 $1,323 $355 $18,839 $20 $— $18,859 
Intersegment revenues24 68 — 92 61 (153)— 
Total revenues$17,185 $1,391 $355 $18,931 $81 $(153)$18,859 
Segment income (loss)(d)(e)(f)(g)
$3,180 $259 $152 $3,591 $(521)$— $3,070 
Less: Noncontrolling interests247 
Add: Preferred stock dividend92 
Net Income$2,915 
(a)Electric Utilities and Infrastructure includes $211 million recorded within Impairment of assets and other charges, $46 million within Regulated electric revenues and $20 million within Noncontrolling Interests related to the Duke Energy Indiana Supreme Court ruling on the Condensed Consolidated Statements of Operations. See Note 3 for additional information.
(b)Commercial Renewables includes a $15 million loss recorded within Nonregulated electric and other revenues related to mark-to-market derivative contracts on the Condensed Consolidated Statements of Operations.
(c)Discontinued operations includes a reduction to a previously accrued liability as a result of the expiration of tax statutes related to the International Disposal Group.
(d)Electric Utilities and Infrastructure includes $160 million recorded within Impairment of assets and other charges, $77 million within Other Income and expenses, $5 million within Operations, maintenance and other, $13 million within regulated operating revenues and $3 million within interest expense on the Duke Energy Carolinas' Condensed Consolidated Statement of Operations related to the 2018 South Carolina rate cases and the CCR settlement and insurance proceeds distributed in accordance with that agreement; it also includes $42 million recorded within Impairment of assets and other charges, $34 million within Other Income and expenses, $7 million within Operations, maintenance, and other, $15 million within Regulated electric operating revenues and $5 million within interest expense on the Duke Energy Progress' Condensed Consolidated Statement of Operations.
(e)Gas Utilities and Infrastructure includes $19 million, recorded within Equity in earnings of unconsolidated affiliates on the Condensed Consolidated Statements of Operations, related to gas pipeline investments.
(f)Commercial Renewables includes a $35 million loss related to Texas Storm Uri, of which ($8 million) is recorded within Nonregulated electric and other revenues, $2 million within Operations, maintenance and other, $29 million within Equity in earnings of unconsolidated affiliates and $12 million within Loss Attributable to Noncontrolling Interests on the Condensed Consolidated Statements of Operations.
(g)Other includes $139 million recorded within Impairment of assets and other charges, $28 million within Operations, maintenance and other, and $17 million within Depreciation and amortization on the Condensed Consolidated Statements of Operations, related to the workplace and workplace realignment.
Duke Energy Ohio  
Segment Reporting Information [Line Items]  
Business Segment Data
Three Months Ended September 30, 2022
ElectricGasTotal
Utilities andUtilities andReportable
(in millions)InfrastructureInfrastructureSegmentsOtherEliminationsTotal
Total revenues$507 $121 $628 $ $ $628 
Segment income (loss)/Net income$74 $30 $104 $(1)$ $103 
Segment assets$7,400 $4,023 $11,423 $14 $(122)$11,315 
Three Months Ended September 30, 2021
ElectricGasTotal
Utilities andUtilities andReportable
(in millions)InfrastructureInfrastructureSegmentsOtherTotal
Total revenues$413 $93 $506 $— $506 
Segment income (loss)/Net income$48 $11 $59 $(1)$58 
Nine Months Ended September 30, 2022
ElectricGasTotal
Utilities andUtilities andReportable
(in millions)InfrastructureInfrastructureSegmentsOtherTotal
Total revenues$1,320 $491 $1,811 $ $1,811 
Segment income (loss)/Net income$152 $87 $239 $(3)$236 
Nine Months Ended September 30, 2021
ElectricGasTotal
Utilities andUtilities andReportable
(in millions)InfrastructureInfrastructureSegmentsOtherTotal
Total revenues$1,119 $375 $1,494 $— $1,494 
Segment income (loss)/Net income$122 $77 $199 $(11)$188