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Condensed Consolidated Balance Sheets - Duke Energy Progress - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 324 $ 409
Receivables of VIEs (net of allowance for doubtful accounts) 3,244 3,106
Receivables (net of allowance for doubtful accounts) 831 1,309
Inventory 4,118 3,584
Regulatory assets 3,489 3,485
Other (includes amounts related to VIEs) 602 973
Total current assets 13,048 13,222
Property, Plant and Equipment    
Cost 170,941 163,839
Accumulated depreciation and amortization (54,994) (52,100)
Net property, plant and equipment 115,947 111,748
Other Noncurrent Assets    
Regulatory assets 13,745 14,645
Nuclear decommissioning trust funds 9,245 8,637
Operating lease right-of-use assets, net 1,073 1,042
Other 3,698 3,400
Total other noncurrent assets 52,165 53,116
Total Assets 181,160 178,086
Current Liabilities    
Accounts payable 3,539 4,754
Taxes accrued 991 722
Interest accrued 750 626
Current maturities of long-term debt 4,034 3,878
Asset retirement obligations 620 773
Regulatory liabilities 1,396 1,466
Other 2,087 2,167
Total current liabilities 17,160 18,873
Long-Term Debt (includes amounts related to VIEs) 71,353 65,873
Other Noncurrent Liabilities    
Deferred income taxes 10,438 9,964
Asset retirement obligations 11,613 11,955
Regulatory liabilities 13,396 13,582
Operating lease liabilities 897 876
Accrued pension and other post-retirement benefit costs 662 832
Investment tax credits 856 849
Other (includes $54 at 2023 related to VIEs) 1,325 1,502
Total other noncurrent liabilities 40,821 41,487
Commitments and Contingencies
Equity    
Total Liabilities and Equity 181,160 178,086
Duke Energy Progress    
Current Assets    
Cash and cash equivalents 27 49
Receivables of VIEs (net of allowance for doubtful accounts) 129 167
Receivables (net of allowance for doubtful accounts) 831 793
Inventory 1,141 1,006
Regulatory assets 946 690
Other (includes amounts related to VIEs) 49 174
Total current assets 3,155 2,904
Property, Plant and Equipment    
Cost 40,283 38,875
Accumulated depreciation and amortization (14,869) (14,201)
Net property, plant and equipment 25,414 24,674
Other Noncurrent Assets    
Regulatory assets 4,406 4,724
Nuclear decommissioning trust funds 3,697 3,430
Operating lease right-of-use assets, net 329 370
Other 693 650
Total other noncurrent assets 9,125 9,174
Total Assets 37,694 36,752
Current Liabilities    
Accounts payable 502 601
Taxes accrued 255 77
Interest accrued 86 101
Current maturities of long-term debt 71 369
Asset retirement obligations 260 288
Regulatory liabilities 290 332
Other 452 384
Total current liabilities 2,859 2,898
Long-Term Debt (includes amounts related to VIEs) 11,497 10,568
Other Noncurrent Liabilities    
Deferred income taxes 2,558 2,477
Asset retirement obligations 5,362 5,535
Regulatory liabilities 4,120 4,120
Operating lease liabilities 298 335
Accrued pension and other post-retirement benefit costs 150 160
Investment tax credits 130 124
Other (includes $54 at 2023 related to VIEs) 84 76
Total other noncurrent liabilities 12,702 12,827
Commitments and Contingencies
Equity    
Total member's equity 10,486 10,309
Total Liabilities and Equity 37,694 36,752
Duke Energy Progress | Affiliated Entity    
Current Assets    
Receivables of VIEs (net of allowance for doubtful accounts) 32 25
Current Liabilities    
Accounts payable 252 508
Notes payable to affiliated companies 691 238
Long-Term Debt (includes amounts related to VIEs) $ 150 $ 150