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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents   $ 409
Receivables (net of allowance for doubtful accounts) $ 2,812 3,106
Receivables of VIEs (net of allowance for doubtful accounts) 1,016 1,309
Inventory 4,100 3,584
Assets held for sale 390 356
Regulatory assets (includes amounts related to VIEs) 3,760 3,485
Other (including amounts related to VIEs) 633 973
Total current assets 13,088 13,222
Property, Plant and Equipment    
Cost 168,506 163,839
Accumulated depreciation and amortization (54,030) (52,100)
Facilities to be retired, net 4 9
Net property, plant and equipment 114,480 111,748
Other Noncurrent Assets    
Goodwill 19,303 19,303
Other Noncurrent Assets: Regulatory assets 14,147 14,645
Nuclear decommissioning trust funds 9,565 8,637
Operating lease right-of-use assets, net 1,009 1,042
Investments in equity method unconsolidated affiliates 479 455
Assets held for sale 4,561 5,634
Other 3,444 3,400
Total other noncurrent assets 52,508 53,116
Total Assets 180,076 178,086
Current Liabilities    
Accounts payable 3,225 4,754
Notes payable and commercial paper 3,455 3,952
Taxes accrued 708 722
Interest accrued 714 626
Current maturities of long-term debt (includes amounts related to VIEs) 4,609 3,878
Asset retirement obligations 692 773
Regulatory liabilities 1,303 1,466
Liabilities associated with assets held for sale 575 535
Other 2,094 2,167
Total current liabilities 17,375 18,873
Long-Term Debt (includes amounts related to VIEs) 69,914 65,873
Other Noncurrent Liabilities    
Deferred income taxes 10,210 9,964
Total noncurrent ARO 11,991 11,955
Regulatory liabilities 13,944 13,582
Operating lease liabilities 841 876
Accrued pension and other post-retirement benefit costs 808 832
Investment tax credits 849 849
Liabilities associated with assets held for sale 1,720 1,927
Other 1,353 1,502
Total other noncurrent liabilities 41,716 41,487
Commitments and Contingencies
Equity    
Common stock 1 1
Additional paid-in capital 44,866 44,862
Retained earnings 1,615 2,637
Accumulated other comprehensive (loss) income (111) (140)
Total Parent stockholders' equity 48,333 49,322
Noncontrolling interests 2,738 2,531
Total equity 51,071 51,853
Total Liabilities and Equity $ 180,076 $ 178,086
Common stock, shares authorized (in shares) 2,000,000,000 2,000,000,000
Common stock, shares outstanding (in shares) 771,000,000 770,000,000
VIEs    
Current Assets    
Regulatory assets (includes amounts related to VIEs) $ 107 $ 106
Other (including amounts related to VIEs) 73 116
Other Noncurrent Assets    
Other Noncurrent Assets: Regulatory assets 1,667 1,715
Other 45 52
Current Liabilities    
Current maturities of long-term debt (includes amounts related to VIEs) 426 350
Long-Term Debt (includes amounts related to VIEs) 3,051 3,108
Preferred stock, Series A    
Equity    
Preferred stock 973 973
Preferred stock, Series B    
Equity    
Preferred stock 989 989
Duke Energy Carolinas    
Current Assets    
Cash and cash equivalents 20 44
Receivables (net of allowance for doubtful accounts) 324 338
Receivables of VIEs (net of allowance for doubtful accounts) 855 928
Inventory 1,403 1,164
Regulatory assets (includes amounts related to VIEs) 1,483 1,095
Other (including amounts related to VIEs) 61 216
Total current assets 4,302 4,175
Property, Plant and Equipment    
Cost 56,116 54,650
Accumulated depreciation and amortization (19,328) (18,669)
Net property, plant and equipment 36,788 35,981
Other Noncurrent Assets    
Other Noncurrent Assets: Regulatory assets 4,056 4,293
Nuclear decommissioning trust funds 5,332 4,783
Operating lease right-of-use assets, net 71 78
Other 1,005 1,036
Total other noncurrent assets 10,464 10,190
Total Assets 51,554 50,346
Current Liabilities    
Accounts payable 821 1,472
Taxes accrued 276 228
Interest accrued 169 120
Current maturities of long-term debt (includes amounts related to VIEs) 18 1,018
Asset retirement obligations 237 261
Regulatory liabilities 464 530
Other 598 580
Total current liabilities 3,300 5,651
Long-Term Debt (includes amounts related to VIEs) 15,648 12,948
Other Noncurrent Liabilities    
Deferred income taxes 4,302 4,153
Total noncurrent ARO 5,166 5,121
Regulatory liabilities 5,887 5,783
Operating lease liabilities 72 83
Accrued pension and other post-retirement benefit costs 36 38
Investment tax credits 298 300
Other 561 527
Total other noncurrent liabilities 16,322 16,005
Commitments and Contingencies
Equity    
Member's equity 15,990 15,448
Accumulated other comprehensive (loss) income (6) (6)
Total member's equity 15,984 15,442
Total Liabilities and Equity 51,554 50,346
Duke Energy Carolinas | Affiliated Entity    
Current Assets    
Receivables (net of allowance for doubtful accounts) 156 390
Current Liabilities    
Accounts payable 139 209
Notes payable to affiliated companies 578 1,233
Long-Term Debt (includes amounts related to VIEs) 300 300
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    
Other Noncurrent Assets: Regulatory assets 202 208
Current Liabilities    
Current maturities of long-term debt (includes amounts related to VIEs) 10 10
Long-Term Debt (includes amounts related to VIEs) 701 689
Progress Energy    
Current Assets    
Cash and cash equivalents 77 108
Receivables (net of allowance for doubtful accounts) 289 318
Receivables of VIEs (net of allowance for doubtful accounts) 1,312 1,289
Inventory 1,817 1,579
Regulatory assets (includes amounts related to VIEs) 1,927 1,833
Other (including amounts related to VIEs) 146 342
Total current assets 5,616 5,491
Property, Plant and Equipment    
Cost 66,881 64,822
Accumulated depreciation and amortization (21,399) (20,584)
Net property, plant and equipment 45,482 44,238
Other Noncurrent Assets    
Goodwill 3,655 3,655
Other Noncurrent Assets: Regulatory assets 6,819 7,146
Nuclear decommissioning trust funds 4,233 3,855
Operating lease right-of-use assets, net 581 628
Other 1,105 1,066
Total other noncurrent assets 16,393 16,350
Total Assets 67,491 66,079
Current Liabilities    
Accounts payable 1,078 1,481
Taxes accrued 288 135
Interest accrued 235 206
Current maturities of long-term debt (includes amounts related to VIEs) 1,571 697
Asset retirement obligations 256 289
Regulatory liabilities 455 576
Other 813 782
Total current liabilities 5,950 5,721
Long-Term Debt (includes amounts related to VIEs) 21,718 21,592
Other Noncurrent Liabilities    
Deferred income taxes 5,250 5,147
Total noncurrent ARO 5,890 5,892
Regulatory liabilities 5,023 4,753
Operating lease liabilities 503 546
Accrued pension and other post-retirement benefit costs 281 292
Investment tax credits 361 358
Other 215 222
Total other noncurrent liabilities 17,523 17,210
Commitments and Contingencies
Equity    
Additional paid-in capital 11,830 11,832
Retained earnings 10,329 9,585
Accumulated other comprehensive (loss) income (9) (11)
Total equity 22,150 21,406
Total Liabilities and Equity $ 67,491 $ 66,079
Common stock, shares authorized (in shares) 100 100
Common stock, shares outstanding (in shares) 100 100
Progress Energy | Affiliated Entity    
Current Assets    
Receivables (net of allowance for doubtful accounts) $ 23 $ 22
Notes receivable from affiliated companies 25  
Current Liabilities    
Accounts payable 438 712
Notes payable to affiliated companies 816 843
Long-Term Debt (includes amounts related to VIEs) 150 150
Progress Energy | VIEs    
Current Assets    
Regulatory assets (includes amounts related to VIEs) 95 95
Other (including amounts related to VIEs) 61 88
Other Noncurrent Assets    
Other Noncurrent Assets: Regulatory assets 1,465 1,507
Current Liabilities    
Current maturities of long-term debt (includes amounts related to VIEs) 416 340
Long-Term Debt (includes amounts related to VIEs) 1,956 2,003
Duke Energy Progress    
Current Assets    
Cash and cash equivalents 21 49
Receivables (net of allowance for doubtful accounts) 158 167
Receivables of VIEs (net of allowance for doubtful accounts) 694 793
Inventory 1,164 1,006
Regulatory assets (includes amounts related to VIEs) 888 690
Other (including amounts related to VIEs) 61 174
Total current assets 3,053 2,904
Property, Plant and Equipment    
Cost 39,779 38,875
Accumulated depreciation and amortization (14,598) (14,201)
Net property, plant and equipment 25,181 24,674
Other Noncurrent Assets    
Other Noncurrent Assets: Regulatory assets 4,658 4,724
Nuclear decommissioning trust funds 3,828 3,430
Operating lease right-of-use assets, net 343 370
Other 651 650
Total other noncurrent assets 9,480 9,174
Total Assets 37,714 36,752
Current Liabilities    
Accounts payable 506 601
Taxes accrued 121 77
Interest accrued 120 101
Current maturities of long-term debt (includes amounts related to VIEs) 370 369
Asset retirement obligations 256 288
Regulatory liabilities 267 332
Other 440 384
Total current liabilities 2,330 2,898
Long-Term Debt (includes amounts related to VIEs) 11,521 10,568
Other Noncurrent Liabilities    
Deferred income taxes 2,571 2,477
Total noncurrent ARO 5,555 5,535
Regulatory liabilities 4,284 4,120
Operating lease liabilities 313 335
Accrued pension and other post-retirement benefit costs 155 160
Investment tax credits 128 124
Other 89 76
Total other noncurrent liabilities 13,095 12,827
Commitments and Contingencies
Equity    
Total member's equity 10,618 10,309
Total Liabilities and Equity 37,714 36,752
Duke Energy Progress | Affiliated Entity    
Current Assets    
Receivables (net of allowance for doubtful accounts) 30 25
Notes receivable from affiliated companies 37  
Current Liabilities    
Accounts payable 250 508
Notes payable to affiliated companies   238
Long-Term Debt (includes amounts related to VIEs) 150 150
Duke Energy Progress | VIEs    
Current Assets    
Regulatory assets (includes amounts related to VIEs) 39 39
Other (including amounts related to VIEs) 25 42
Other Noncurrent Assets    
Other Noncurrent Assets: Regulatory assets 662 681
Current Liabilities    
Current maturities of long-term debt (includes amounts related to VIEs) 34 34
Long-Term Debt (includes amounts related to VIEs) 1,096 1,114
Duke Energy Florida    
Current Assets    
Cash and cash equivalents 37 45
Receivables (net of allowance for doubtful accounts) 129 148
Receivables of VIEs (net of allowance for doubtful accounts) 618 496
Inventory 653 573
Regulatory assets (includes amounts related to VIEs) 1,039 1,143
Other (including amounts related to VIEs) 100 108
Total current assets 2,581 2,515
Property, Plant and Equipment    
Cost 27,094 25,940
Accumulated depreciation and amortization (6,794) (6,377)
Net property, plant and equipment 20,300 19,563
Other Noncurrent Assets    
Other Noncurrent Assets: Regulatory assets 2,161 2,422
Nuclear decommissioning trust funds 405 424
Operating lease right-of-use assets, net 238 258
Other 409 372
Total other noncurrent assets 3,213 3,476
Total Assets 26,094 25,554
Current Liabilities    
Accounts payable 572 880
Taxes accrued 261 53
Interest accrued 89 80
Current maturities of long-term debt (includes amounts related to VIEs) 1,201 328
Asset retirement obligations 1 1
Regulatory liabilities 188 244
Other 335 363
Total current liabilities 3,588 2,731
Long-Term Debt (includes amounts related to VIEs) 8,554 9,381
Other Noncurrent Liabilities    
Deferred income taxes 2,785 2,789
Total noncurrent ARO 335 357
Regulatory liabilities 739 633
Operating lease liabilities 190 211
Accrued pension and other post-retirement benefit costs 105 111
Investment tax credits 233 234
Other 77 84
Total other noncurrent liabilities 4,464 4,419
Commitments and Contingencies
Equity    
Member's equity 9,494 9,031
Accumulated other comprehensive (loss) income (6) (8)
Total member's equity 9,488 9,023
Total Liabilities and Equity 26,094 25,554
Duke Energy Florida | Affiliated Entity    
Current Assets    
Receivables (net of allowance for doubtful accounts) 5 2
Current Liabilities    
Accounts payable 112 177
Notes payable to affiliated companies 829 605
Duke Energy Florida | VIEs    
Current Assets    
Regulatory assets (includes amounts related to VIEs) 56 55
Other (including amounts related to VIEs) 36 46
Other Noncurrent Assets    
Other Noncurrent Assets: Regulatory assets 803 826
Current Liabilities    
Current maturities of long-term debt (includes amounts related to VIEs) 382 306
Long-Term Debt (includes amounts related to VIEs) 859 890
Duke Energy Ohio    
Current Assets    
Cash and cash equivalents 8 16
Receivables (net of allowance for doubtful accounts) 89 73
Inventory 178 144
Regulatory assets (includes amounts related to VIEs) 47 103
Other (including amounts related to VIEs) 44 86
Total current assets 706 669
Property, Plant and Equipment    
Cost 12,762 12,497
Accumulated depreciation and amortization (3,339) (3,250)
Net property, plant and equipment 9,423 9,247
Other Noncurrent Assets    
Goodwill 920 920
Other Noncurrent Assets: Regulatory assets 651 581
Operating lease right-of-use assets, net 17 18
Other 74 71
Total other noncurrent assets 1,662 1,590
Total Assets 11,791 11,506
Current Liabilities    
Accounts payable 347 380
Taxes accrued 181 317
Interest accrued 40 29
Current maturities of long-term debt (includes amounts related to VIEs) 475 475
Asset retirement obligations 12 17
Regulatory liabilities 51 99
Other 66 74
Total current liabilities 1,341 1,960
Long-Term Debt (includes amounts related to VIEs) 3,491 2,745
Other Noncurrent Liabilities    
Deferred income taxes 1,165 1,136
Total noncurrent ARO 140 137
Regulatory liabilities 487 534
Operating lease liabilities 17 17
Accrued pension and other post-retirement benefit costs 93 90
Other 95 96
Total other noncurrent liabilities 1,997 2,010
Commitments and Contingencies
Equity    
Common stock 762 762
Additional paid-in capital 3,100 3,100
Retained earnings 1,075 904
Total Parent stockholders' equity 4,937 4,766
Total equity 4,937 4,766
Total Liabilities and Equity $ 11,791 $ 11,506
Common stock, shares authorized (in shares) 120,000,000 120,000,000
Common stock, shares outstanding (in shares) 90,000,000 90,000,000
Duke Energy Ohio | Affiliated Entity    
Current Assets    
Receivables (net of allowance for doubtful accounts) $ 180 $ 247
Notes receivable from affiliated companies 160  
Current Liabilities    
Accounts payable 60 72
Notes payable to affiliated companies 109 497
Long-Term Debt (includes amounts related to VIEs) 25 25
Duke Energy Indiana    
Current Assets    
Cash and cash equivalents 11 31
Receivables (net of allowance for doubtful accounts) 178 112
Inventory 593 489
Regulatory assets (includes amounts related to VIEs) 97 249
Other (including amounts related to VIEs) 90 197
Total current assets 1,133 1,376
Property, Plant and Equipment    
Cost 18,514 18,121
Accumulated depreciation and amortization (6,253) (6,021)
Net property, plant and equipment 12,261 12,100
Other Noncurrent Assets    
Other Noncurrent Assets: Regulatory assets 896 875
Operating lease right-of-use assets, net 47 49
Other 278 254
Total other noncurrent assets 1,221 1,178
Total Assets 14,615 14,654
Current Liabilities    
Accounts payable 291 391
Taxes accrued 80 92
Interest accrued 56 48
Current maturities of long-term debt (includes amounts related to VIEs) 3 303
Asset retirement obligations 187 207
Regulatory liabilities 222 187
Other 179 161
Total current liabilities 1,324 2,030
Long-Term Debt (includes amounts related to VIEs) 4,350 3,854
Other Noncurrent Liabilities    
Deferred income taxes 1,323 1,299
Total noncurrent ARO 737 744
Regulatory liabilities 1,523 1,454
Operating lease liabilities 45 47
Accrued pension and other post-retirement benefit costs 124 122
Investment tax credits 186 186
Other 26 65
Total other noncurrent liabilities 3,964 3,917
Commitments and Contingencies
Equity    
Member's equity 4,826 4,702
Accumulated other comprehensive (loss) income 1 1
Total member's equity 4,827 4,703
Total Liabilities and Equity 14,615 14,654
Duke Energy Indiana | Affiliated Entity    
Current Assets    
Receivables (net of allowance for doubtful accounts) 164 298
Current Liabilities    
Accounts payable 97 206
Notes payable to affiliated companies 209 435
Long-Term Debt (includes amounts related to VIEs) 150 150
Piedmont    
Current Assets    
Receivables (net of allowance for doubtful accounts) 117 436
Inventory 73 172
Regulatory assets (includes amounts related to VIEs) 121 119
Other (including amounts related to VIEs) 57 4
Total current assets 381 742
Property, Plant and Equipment    
Cost 11,343 10,869
Accumulated depreciation and amortization (2,189) (2,081)
Facilities to be retired, net 4 9
Net property, plant and equipment 9,158 8,797
Other Noncurrent Assets    
Goodwill 49 49
Other Noncurrent Assets: Regulatory assets 401 392
Operating lease right-of-use assets, net 3 4
Investments in equity method unconsolidated affiliates 78 79
Other 280 272
Total other noncurrent assets 811 796
Total Assets 10,350 10,335
Current Liabilities    
Accounts payable 180 345
Taxes accrued 30 74
Interest accrued 41 40
Current maturities of long-term debt (includes amounts related to VIEs) 45 45
Regulatory liabilities 111 74
Other 66 81
Total current liabilities 621 1,224
Long-Term Debt (includes amounts related to VIEs) 3,667 3,318
Other Noncurrent Liabilities    
Deferred income taxes 924 870
Total noncurrent ARO 27 26
Regulatory liabilities 1,006 1,024
Operating lease liabilities 11 13
Accrued pension and other post-retirement benefit costs 6 7
Other 180 180
Total other noncurrent liabilities 2,154 2,120
Commitments and Contingencies
Equity    
Common stock 1,635 1,635
Retained earnings 2,272 2,037
Total Parent stockholders' equity 3,907 3,672
Noncontrolling interests 1 1
Total equity 3,908 3,673
Total Liabilities and Equity $ 10,350 $ 10,335
Common stock, shares authorized (in shares) 100 100
Common stock, shares outstanding (in shares) 100 100
Piedmont | Affiliated Entity    
Current Assets    
Receivables (net of allowance for doubtful accounts) $ 13 $ 11
Current Liabilities    
Accounts payable 44 51
Notes payable to affiliated companies $ 104 $ 514