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Condensed Consolidated Balance Sheets - Progress Energy - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 253 $ 409
Receivables of VIEs (net of allowance for doubtful accounts) 1,112 1,309
Receivables (net of allowance for doubtful accounts) 3,019 3,106
Inventory (includes $462 at 2023 related to VIEs) 4,292 3,584
Regulatory assets 3,648 3,485
Other (includes amounts related to VIEs) 431 973
Total current assets 12,769 13,222
Property, Plant and Equipment    
Cost 171,351 163,839
Accumulated depreciation and amortization (56,038) (52,100)
Facilities to be retired, net 2 9
Net property, plant and equipment 115,315 111,748
Other Noncurrent Assets    
Goodwill 19,303 19,303
Other Noncurrent Assets: Regulatory assets 13,618 14,645
Nuclear decommissioning trust funds 10,143 8,637
Operating lease right-of-use assets, net 1,092 1,042
Other (including amounts related to VIEs) 3,964 3,400
Total other noncurrent assets 48,809 53,116
Total Assets 176,893 178,086
Current Liabilities    
Accounts payable (includes $188 at 2023 related to VIEs) 4,228 4,754
Taxes accrued 816 722
Interest accrued 745 626
Current maturities of long-term debt 2,800 3,878
Asset retirement obligations 596 773
Regulatory liabilities 1,369 1,466
Other 2,319 2,167
Total current liabilities 17,283 18,873
Long-Term Debt (includes amounts related to VIEs) 72,452 65,873
Other Noncurrent Liabilities    
Deferred income taxes 10,556 9,964
Total noncurrent asset retirement obligation 8,560 11,955
Total noncurrent regulatory liabilities 14,039 13,582
Operating lease liabilities 917 876
Accrued pension and other post-retirement benefit costs 485 832
Investment tax credits 864 849
Other noncurrent liabilities 1,393 1,502
Total other noncurrent liabilities 36,971 41,487
Commitments and Contingencies
Equity    
Common stock 1 1
Additional paid-in capital 44,920 44,862
Retained earnings 2,235 2,637
Accumulated other comprehensive loss (6) (140)
Total Duke Energy Corporation stockholders' equity 49,112 49,322
Noncontrolling interests 1,075 2,531
Total equity 50,187 51,853
Total Liabilities and Equity 176,893 178,086
Consolidated VIEs    
Current Assets    
Inventory (includes $462 at 2023 related to VIEs) 462  
Regulatory assets 110 106
Other (includes amounts related to VIEs) 90 116
Other Noncurrent Assets    
Other Noncurrent Assets: Regulatory assets 1,642 1,715
Other (including amounts related to VIEs) 49 52
Current Liabilities    
Accounts payable (includes $188 at 2023 related to VIEs) 188  
Current maturities of long-term debt 428 350
Long-Term Debt (includes amounts related to VIEs) 3,000 3,108
Other Noncurrent Liabilities    
Other noncurrent liabilities 35  
Progress Energy    
Current Assets    
Cash and cash equivalents 59 108
Receivables of VIEs (net of allowance for doubtful accounts) 225 318
Receivables (net of allowance for doubtful accounts) 1,365 1,289
Inventory (includes $462 at 2023 related to VIEs) 1,901 1,579
Regulatory assets 1,661 1,833
Other (includes amounts related to VIEs) 134 342
Total current assets 5,435 5,491
Property, Plant and Equipment    
Cost 67,644 64,822
Accumulated depreciation and amortization (22,300) (20,584)
Net property, plant and equipment 45,344 44,238
Other Noncurrent Assets    
Goodwill 3,655 3,655
Other Noncurrent Assets: Regulatory assets 6,430 7,146
Nuclear decommissioning trust funds 4,457 3,855
Operating lease right-of-use assets, net 617 628
Other (including amounts related to VIEs) 1,156 1,066
Total other noncurrent assets 16,315 16,350
Total Assets 67,094 66,079
Current Liabilities    
Accounts payable (includes $188 at 2023 related to VIEs) 1,374 1,481
Taxes accrued 259 135
Interest accrued 224 206
Current maturities of long-term debt 661 697
Asset retirement obligations 245 289
Regulatory liabilities 418 576
Other 860 782
Total current liabilities 5,548 5,721
Long-Term Debt (includes amounts related to VIEs) 22,948 21,592
Other Noncurrent Liabilities    
Deferred income taxes 5,197 5,147
Total noncurrent asset retirement obligation 3,900 5,892
Total noncurrent regulatory liabilities 5,083 4,753
Operating lease liabilities 544 546
Accrued pension and other post-retirement benefit costs 266 292
Investment tax credits 371 358
Other noncurrent liabilities 227 222
Total other noncurrent liabilities 15,588 17,210
Commitments and Contingencies
Equity    
Additional paid-in capital 11,830 11,832
Retained earnings 11,040 9,585
Accumulated other comprehensive loss (10) (11)
Total equity 22,860 21,406
Total Liabilities and Equity 67,094 66,079
Progress Energy | Consolidated VIEs    
Current Assets    
Inventory (includes $462 at 2023 related to VIEs) 462  
Regulatory assets 98 94
Other (includes amounts related to VIEs) 68 88
Other Noncurrent Assets    
Other Noncurrent Assets: Regulatory assets 1,446 1,507
Current Liabilities    
Accounts payable (includes $188 at 2023 related to VIEs) 188  
Current maturities of long-term debt 418 340
Long-Term Debt (includes amounts related to VIEs) 1,910 2,003
Other Noncurrent Liabilities    
Other noncurrent liabilities 19  
Progress Energy | Affiliated entity    
Current Assets    
Receivables of VIEs (net of allowance for doubtful accounts) 90 22
Current Liabilities    
Accounts payable (includes $188 at 2023 related to VIEs) 464 712
Notes payable to affiliated companies 1,043 843
Long-Term Debt (includes amounts related to VIEs) $ 150 $ 150