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Condensed Consolidated Statements of Cash Flows - Duke Energy Florida - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) $ 2,841 $ 2,550 $ 3,908
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and accretion (including amortization of nuclear fuel) 6,084 5,843 5,663
Equity component of AFUDC (198) (197) (171)
Impairment of assets and other charges 85 434 353
Deferred income taxes 3 (200) 191
Contributions to qualified pension plans (100) (58)  
Payments for asset retirement obligations (632) (584) (540)
(Increase) decrease in      
Net realized and unrealized mark-to-market and hedging transactions (18) 19 50
Receivables 443 (788) (297)
Inventory (706) (476) (34)
Other current assets (267) (1,498) (1,136)
Increase (decrease) in      
Accounts payable (800) 805 249
Taxes accrued 126 10 284
Other current liabilities (26) (153) (13)
Other assets 914 (1,577) 125
Other liabilities 584 410 95
Net cash provided by operating activities 9,878 5,927 8,290
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures (12,604) (11,367) (9,715)
Purchases of debt and equity securities (3,761) (4,243) (6,098)
Proceeds from sales and maturities of debt and equity securities 3,824 4,333 6,103
Other (799) (727) (333)
Net cash used in investing activities (12,475) (11,973) (10,935)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from the issuance of long-term debt 10,028 11,874 9,052
Payments for the redemption of long-term debt (4,737) (4,396) (5,294)
Other (124) (130) (94)
Net cash provided by financing activities 2,351 6,129 2,609
Net (decrease) increase in cash, cash equivalents and restricted cash (246) 83 (36)
Cash, cash equivalents and restricted cash at beginning of period 603 520 556
Cash, cash equivalents and restricted cash at end of period 357 603 520
Supplemental Disclosures:      
Cash paid for interest, net of amount capitalized 2,883 2,361 2,248
Cash paid for (received from) income taxes 1 (6) (3)
Significant non-cash transactions:      
Accrued capital expenditures 1,908 1,766 1,325
Duke Energy Florida      
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) 1,016 909 738
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and accretion (including amortization of nuclear fuel) 1,260 1,032 1,011
Equity component of AFUDC (15) (16) (16)
Impairment of assets and other charges (1) 4 19
Deferred income taxes (89) 285 279
Contributions to qualified pension plans (9) (5)  
Payments for asset retirement obligations (80) (98) (101)
(Increase) decrease in      
Receivables 30 (93) (45)
Receivables from affiliated companies (236) 14 (13)
Inventory (101) (98) (15)
Other current assets 496 (640) (451)
Increase (decrease) in      
Accounts payable (241) 202 47
Accounts payable to affiliated companies (42) (32) 124
Taxes accrued 132 2 (30)
Other current liabilities 3 62 (7)
Other assets 163 (704) (69)
Other liabilities 101 18 (69)
Net cash provided by operating activities 2,387 842 1,402
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures (2,529) (2,247) (1,923)
Purchases of debt and equity securities (184) (193) (302)
Proceeds from sales and maturities of debt and equity securities 261 279 408
Other (185) (108) (136)
Net cash used in investing activities (2,637) (2,269) (1,953)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from the issuance of long-term debt 1,564 1,298 1,135
Payments for the redemption of long-term debt (879) (77) (575)
Notes payable to affiliated companies (453) 406 3
Distributions to parent   (175)  
Other (1) (1)  
Net cash provided by financing activities 231 1,451 563
Net (decrease) increase in cash, cash equivalents and restricted cash (19) 24 12
Cash, cash equivalents and restricted cash at beginning of period 86 62 50
Cash, cash equivalents and restricted cash at end of period 67 86 62
Supplemental Disclosures:      
Cash paid for interest, net of amount capitalized 394 339 308
Cash paid for (received from) income taxes 219 (83) (15)
Significant non-cash transactions:      
Accrued capital expenditures $ 493 $ 394 $ 337