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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 409 $ 341
Receivables (net of allowance for doubtful accounts) 1,309 1,085
Receivables of VIEs (net of allowance for doubtful accounts) 3,106 2,437
Inventory 3,584 3,111
Current assets held for sale 262 232
Regulatory assets (includes amounts related to VIEs) 3,485 2,150
Other (including amounts related to VIEs) 1,067 584
Total current assets 13,222 9,940
Property, Plant and Equipment    
Cost 163,839 154,496
Accumulated depreciation and amortization (52,100) (49,104)
Facilities to be retired, net 9 144
Net property, plant and equipment 111,748 105,536
Other Noncurrent Assets    
Goodwill 19,303 19,303
Regulatory assets (includes amounts related to VIEs) 14,645 12,487
Nuclear decommissioning trust funds 8,637 10,401
Operating lease right-of-use assets, net 1,042 1,136
Investments in equity method unconsolidated affiliates 455 457
Noncurrent assets held for sale 5,634 6,695
Other (including amounts related to VIEs) 3,400 3,632
Total other noncurrent assets 53,116 54,111
Total Assets 178,086 169,587
Current Liabilities    
Accounts payable 4,754 3,531
Notes payable and commercial paper 3,952 3,304
Taxes accrued 722 731
Interest accrued 626 530
Current maturities of long-term debt (includes amounts related to VIEs) 4,154 3,387
Asset retirement obligations 773 647
Regulatory liabilities 1,466 1,211
Liabilities associated with assets held for sale 259 167
Other 2,167 2,423
Total current liabilities 18,873 15,931
Long-Term Debt (includes amounts related to VIEs) 67,061 60,448
Other Noncurrent Liabilities    
Deferred income taxes 9,964 9,379
Asset retirement obligations 11,955 11,953
Regulatory liabilities 13,582 16,152
Operating lease liabilities 876 940
Accrued pension and other post-retirement benefit costs 832 855
Investment tax credits 849 833
Noncurrent liabilities associated with assets held for sale 739 612
Other (includes amounts related to VIEs) 1,502 1,348
Total other noncurrent liabilities 40,299 42,072
Commitments and Contingencies
Equity    
Common stock 1 1
Additional paid-in capital 44,862 44,371
Retained earnings 2,637 3,265
Accumulated other comprehensive (loss) income (140) (303)
Total Parent stockholders' equity 49,322 49,296
Noncontrolling interests 2,531 1,840
Total equity 51,853 51,136
Total Liabilities and Equity $ 178,086 $ 169,587
Common stock, shares authorized (in shares) 2,000,000,000 2,000,000,000
VIEs    
Current Assets    
Regulatory assets (includes amounts related to VIEs) $ 106 $ 105
Other (including amounts related to VIEs) 116 41
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 1,715 1,824
Other (including amounts related to VIEs) 52 30
Current Liabilities    
Current maturities of long-term debt (includes amounts related to VIEs) 350 76
Long-Term Debt (includes amounts related to VIEs) 3,108 3,379
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 44 7
Receivables (net of allowance for doubtful accounts) 338 300
Receivables of VIEs (net of allowance for doubtful accounts) 928 844
Receivables from affiliated companies 390 190
Inventory 1,164 1,026
Regulatory assets (includes amounts related to VIEs) 1,095 544
Other (including amounts related to VIEs) 216 95
Total current assets 4,175 3,006
Property, Plant and Equipment    
Cost 54,650 51,874
Accumulated depreciation and amortization (18,669) (17,854)
Facilities to be retired, net 0 102
Net property, plant and equipment 35,981 34,122
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 4,293 2,935
Nuclear decommissioning trust funds 4,783 5,759
Operating lease right-of-use assets, net 78 92
Other (including amounts related to VIEs) 1,036 1,248
Total other noncurrent assets 10,190 10,034
Total Assets 50,346 47,162
Current Liabilities    
Accounts payable 1,472 988
Accounts payable to affiliated companies 209 266
Notes payable to affiliated companies 1,233 226
Taxes accrued 228 274
Interest accrued 120 125
Current maturities of long-term debt (includes amounts related to VIEs) 1,018 362
Asset retirement obligations 261 249
Regulatory liabilities 530 487
Other 580 546
Total current liabilities 5,651 3,523
Long-Term Debt (includes amounts related to VIEs) 12,948 12,595
Long-Term Debt Payable to Affiliated Companies 300 318
Other Noncurrent Liabilities    
Deferred income taxes 4,153 3,634
Asset retirement obligations 5,121 5,052
Regulatory liabilities 5,783 7,198
Operating lease liabilities 83 78
Accrued pension and other post-retirement benefit costs 38 50
Investment tax credits 300 287
Other (includes amounts related to VIEs) 527 536
Total other noncurrent liabilities 16,005 16,835
Commitments and Contingencies
Equity    
Member's equity 15,448 13,897
Accumulated other comprehensive (loss) income (6) (6)
Total member's equity 15,442 13,891
Total Liabilities and Equity 50,346 47,162
Duke Energy Carolinas | VIEs    
Current Assets    
Regulatory assets (includes amounts related to VIEs) 12 12
Other (including amounts related to VIEs) 8  
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 208 220
Current Liabilities    
Current maturities of long-term debt (includes amounts related to VIEs) 10 5
Long-Term Debt (includes amounts related to VIEs) 689 703
Progress Energy    
Current Assets    
Cash and cash equivalents 108 70
Receivables (net of allowance for doubtful accounts) 318 247
Receivables of VIEs (net of allowance for doubtful accounts) 1,289 1,006
Receivables from affiliated companies 22 121
Inventory 1,579 1,398
Regulatory assets (includes amounts related to VIEs) 1,833 1,030
Other (including amounts related to VIEs) 342 125
Total current assets 5,491 3,997
Property, Plant and Equipment    
Cost 64,822 60,894
Accumulated depreciation and amortization (20,584) (19,214)
Facilities to be retired, net   26
Net property, plant and equipment 44,238 41,706
Other Noncurrent Assets    
Goodwill 3,655 3,655
Regulatory assets (includes amounts related to VIEs) 7,146 5,909
Nuclear decommissioning trust funds 3,855 4,642
Operating lease right-of-use assets, net 628 691
Other (including amounts related to VIEs) 1,066 1,242
Total other noncurrent assets 16,350 16,139
Total Assets 66,079 61,842
Current Liabilities    
Accounts payable 1,481 1,099
Accounts payable to affiliated companies 712 506
Notes payable to affiliated companies 843 2,809
Taxes accrued 135 128
Interest accrued 206 192
Current maturities of long-term debt (includes amounts related to VIEs) 697 1,082
Asset retirement obligations 289 275
Regulatory liabilities 576 478
Other 782 868
Total current liabilities 5,721 7,437
Long-Term Debt (includes amounts related to VIEs) 21,592 19,591
Long-Term Debt Payable to Affiliated Companies 150 150
Other Noncurrent Liabilities    
Deferred income taxes 5,147 4,564
Asset retirement obligations 5,892 5,837
Regulatory liabilities 4,753 5,566
Operating lease liabilities 546 606
Accrued pension and other post-retirement benefit costs 292 417
Investment tax credits 358 364
Other (includes amounts related to VIEs) 222 162
Total other noncurrent liabilities 17,210 17,516
Commitments and Contingencies
Equity    
Additional paid-in capital 11,832 9,149
Retained earnings 9,585 8,007
Accumulated other comprehensive (loss) income (11) (11)
Total Parent stockholders' equity 21,406 17,145
Noncontrolling interests   3
Total equity 21,406 17,148
Total Liabilities and Equity $ 66,079 $ 61,842
Common stock, shares authorized (in shares) 100 100
Progress Energy | VIEs    
Current Assets    
Regulatory assets (includes amounts related to VIEs) $ 94 $ 93
Other (including amounts related to VIEs) 88 39
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 1,507 1,603
Current Liabilities    
Current maturities of long-term debt (includes amounts related to VIEs) 340 71
Long-Term Debt (includes amounts related to VIEs) 2,003 2,293
Duke Energy Progress    
Current Assets    
Cash and cash equivalents 49 35
Receivables (net of allowance for doubtful accounts) 167 127
Receivables of VIEs (net of allowance for doubtful accounts) 793 574
Receivables from affiliated companies 25 65
Inventory 1,006 921
Regulatory assets (includes amounts related to VIEs) 690 533
Other (including amounts related to VIEs) 174 83
Total current assets 2,904 2,338
Property, Plant and Equipment    
Cost 38,875 37,018
Accumulated depreciation and amortization (14,201) (13,387)
Facilities to be retired, net   26
Net property, plant and equipment 24,674 23,657
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 4,724 4,118
Nuclear decommissioning trust funds 3,430 4,089
Operating lease right-of-use assets, net 370 389
Other (including amounts related to VIEs) 650 792
Total other noncurrent assets 9,174 9,388
Total Assets 36,752 35,383
Current Liabilities    
Accounts payable 601 476
Accounts payable to affiliated companies 508 310
Notes payable to affiliated companies 238 172
Taxes accrued 77 163
Interest accrued 101 96
Current maturities of long-term debt (includes amounts related to VIEs) 369 556
Asset retirement obligations 288 274
Regulatory liabilities 332 381
Other 384 448
Total current liabilities 2,898 2,876
Long-Term Debt (includes amounts related to VIEs) 10,568 9,543
Long-Term Debt Payable to Affiliated Companies 150 150
Other Noncurrent Liabilities    
Deferred income taxes 2,477 2,208
Asset retirement obligations 5,535 5,401
Regulatory liabilities 4,120 4,868
Operating lease liabilities 335 350
Accrued pension and other post-retirement benefit costs 160 221
Investment tax credits 124 128
Other (includes amounts related to VIEs) 76 87
Total other noncurrent liabilities 12,827 13,263
Commitments and Contingencies
Equity    
Total member's equity 10,309 9,551
Total Liabilities and Equity 36,752 35,383
Duke Energy Progress | VIEs    
Current Assets    
Regulatory assets (includes amounts related to VIEs) 39 39
Other (including amounts related to VIEs) 42  
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 681 720
Current Liabilities    
Current maturities of long-term debt (includes amounts related to VIEs) 34 15
Long-Term Debt (includes amounts related to VIEs) 1,114 1,097
Duke Energy Florida    
Current Assets    
Cash and cash equivalents 45 23
Receivables (net of allowance for doubtful accounts) 148 117
Receivables of VIEs (net of allowance for doubtful accounts) 496 432
Receivables from affiliated companies 2 16
Inventory 573 477
Regulatory assets (includes amounts related to VIEs) 1,143 497
Other (including amounts related to VIEs) 108 80
Total current assets 2,515 1,642
Property, Plant and Equipment    
Cost 25,940 23,865
Accumulated depreciation and amortization (6,377) (5,819)
Net property, plant and equipment 19,563 18,046
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 2,422 1,791
Nuclear decommissioning trust funds 424 553
Operating lease right-of-use assets, net 258 302
Other (including amounts related to VIEs) 372 399
Total other noncurrent assets 3,476 3,045
Total Assets 25,554 22,733
Current Liabilities    
Accounts payable 880 623
Accounts payable to affiliated companies 177 209
Notes payable to affiliated companies 605 199
Taxes accrued 53 51
Interest accrued 80 68
Current maturities of long-term debt (includes amounts related to VIEs) 328 76
Asset retirement obligations 1 1
Regulatory liabilities 244 98
Other 363 408
Total current liabilities 2,731 1,733
Long-Term Debt (includes amounts related to VIEs) 9,381 8,406
Other Noncurrent Liabilities    
Deferred income taxes 2,789 2,434
Asset retirement obligations 357 436
Regulatory liabilities 633 698
Operating lease liabilities 211 256
Accrued pension and other post-retirement benefit costs 111 166
Investment tax credits 234 236
Other (includes amounts related to VIEs) 84 73
Total other noncurrent liabilities 4,419 4,299
Commitments and Contingencies
Equity    
Member's equity 9,031 8,298
Accumulated other comprehensive (loss) income (8) (3)
Total member's equity 9,023 8,295
Total Liabilities and Equity 25,554 22,733
Duke Energy Florida | VIEs    
Current Assets    
Regulatory assets (includes amounts related to VIEs) 55 54
Other (including amounts related to VIEs) 46 39
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 826 883
Current Liabilities    
Current maturities of long-term debt (includes amounts related to VIEs) 306 56
Long-Term Debt (includes amounts related to VIEs) 890 1,196
Duke Energy Ohio    
Current Assets    
Cash and cash equivalents 16 13
Receivables (net of allowance for doubtful accounts) 73 96
Receivables from affiliated companies 247 122
Notes receivable from affiliated companies   15
Inventory 144 116
Regulatory assets (includes amounts related to VIEs) 103 72
Other (including amounts related to VIEs) 86 57
Total current assets 669 491
Property, Plant and Equipment    
Cost 12,497 11,725
Accumulated depreciation and amortization (3,250) (3,106)
Facilities to be retired, net   6
Net property, plant and equipment 9,247 8,625
Other Noncurrent Assets    
Goodwill 920 920
Regulatory assets (includes amounts related to VIEs) 581 635
Operating lease right-of-use assets, net 18 19
Other (including amounts related to VIEs) 71 84
Total other noncurrent assets 1,590 1,658
Total Assets 11,506 10,774
Current Liabilities    
Accounts payable 380 348
Accounts payable to affiliated companies 72 64
Notes payable to affiliated companies 497 103
Taxes accrued 317 275
Interest accrued 29 30
Current maturities of long-term debt (includes amounts related to VIEs) 475  
Asset retirement obligations 17 13
Regulatory liabilities 99 62
Other 74 82
Total current liabilities 1,960 977
Long-Term Debt (includes amounts related to VIEs) 2,745 3,168
Long-Term Debt Payable to Affiliated Companies 25 25
Other Noncurrent Liabilities    
Deferred income taxes 1,136 1,050
Asset retirement obligations 137 123
Regulatory liabilities 534 739
Operating lease liabilities 17 18
Accrued pension and other post-retirement benefit costs 90 109
Other (includes amounts related to VIEs) 96 101
Total other noncurrent liabilities 2,010 2,140
Commitments and Contingencies
Equity    
Common stock 762 762
Additional paid-in capital 3,100 3,100
Retained earnings 904 602
Total Parent stockholders' equity 4,766 4,464
Total Liabilities and Equity $ 11,506 $ 10,774
Common stock, shares authorized (in shares) 120,000,000 120,000,000
Duke Energy Indiana    
Current Assets    
Cash and cash equivalents $ 31 $ 6
Receivables (net of allowance for doubtful accounts) 112 100
Receivables from affiliated companies 298 98
Notes receivable from affiliated companies   134
Inventory 489 418
Regulatory assets (includes amounts related to VIEs) 249 277
Other (including amounts related to VIEs) 197 68
Total current assets 1,376 1,101
Property, Plant and Equipment    
Cost 18,121 17,343
Accumulated depreciation and amortization (6,021) (5,583)
Net property, plant and equipment 12,100 11,760
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 875 1,278
Operating lease right-of-use assets, net 49 53
Other (including amounts related to VIEs) 254 296
Total other noncurrent assets 1,178 1,627
Total Assets 14,654 14,488
Current Liabilities    
Accounts payable 391 282
Accounts payable to affiliated companies 206 221
Notes payable to affiliated companies 435  
Taxes accrued 92 73
Interest accrued 48 49
Current maturities of long-term debt (includes amounts related to VIEs) 303 84
Asset retirement obligations 207 110
Regulatory liabilities 187 127
Other 161 105
Total current liabilities 2,030 1,051
Long-Term Debt (includes amounts related to VIEs) 3,854 4,089
Long-Term Debt Payable to Affiliated Companies 150 150
Other Noncurrent Liabilities    
Deferred income taxes 1,299 1,303
Asset retirement obligations 744 877
Regulatory liabilities 1,454 1,565
Operating lease liabilities 47 50
Accrued pension and other post-retirement benefit costs 122 167
Investment tax credits 186 177
Other (includes amounts related to VIEs) 65 44
Total other noncurrent liabilities 3,917 4,183
Commitments and Contingencies
Equity    
Member's equity 4,702 5,015
Accumulated other comprehensive (loss) income 1  
Total member's equity 4,703 5,015
Total Liabilities and Equity 14,654 14,488
Piedmont    
Current Assets    
Receivables (net of allowance for doubtful accounts) 436 318
Receivables from affiliated companies 11 11
Inventory 172 109
Regulatory assets (includes amounts related to VIEs) 119 141
Other (including amounts related to VIEs) 4 9
Total current assets 742 588
Property, Plant and Equipment    
Cost 10,869 9,918
Accumulated depreciation and amortization (2,081) (1,899)
Facilities to be retired, net 9 11
Net property, plant and equipment 8,797 8,030
Other Noncurrent Assets    
Goodwill 49 49
Regulatory assets (includes amounts related to VIEs) 392 316
Operating lease right-of-use assets, net 4 16
Investments in equity method unconsolidated affiliates 79 95
Other (including amounts related to VIEs) 272 288
Total other noncurrent assets 796 764
Total Assets 10,335 9,382
Current Liabilities    
Accounts payable 345 196
Accounts payable to affiliated companies 51 40
Notes payable to affiliated companies 514 518
Taxes accrued 74 63
Interest accrued 40 37
Current maturities of long-term debt (includes amounts related to VIEs) 45 0
Regulatory liabilities 74 56
Other 81 81
Total current liabilities 1,224 991
Long-Term Debt (includes amounts related to VIEs) 3,318 2,968
Other Noncurrent Liabilities    
Deferred income taxes 870 815
Asset retirement obligations 26 22
Regulatory liabilities 1,024 1,058
Operating lease liabilities 13 14
Accrued pension and other post-retirement benefit costs 7 7
Other (includes amounts related to VIEs) 180 158
Total other noncurrent liabilities 2,120 2,074
Commitments and Contingencies
Equity    
Common stock 1,635 1,635
Retained earnings 2,037 1,714
Total Parent stockholders' equity 3,672 3,349
Noncontrolling interests 1  
Total equity 3,673 3,349
Total Liabilities and Equity $ 10,335 $ 9,382
Common stock, shares authorized (in shares) 100 100