XML 61 R20.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Balance Sheets - Duke Energy Progress - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 459 $ 253
Receivables of VIEs (net of allowance for doubtful accounts) 2,253 3,019
Receivables (net of allowance for doubtful accounts) 1,646 1,112
Inventory 4,281 4,292
Regulatory assets 3,082 3,648
Other (includes amounts related to VIEs) 359 431
Total current assets 12,091 12,769
Property, Plant and Equipment    
Cost 173,926 171,353
Accumulated depreciation and amortization (57,035) (56,038)
Net property, plant and equipment 116,891 115,315
Other Noncurrent Assets    
Regulatory assets 13,636 13,618
Nuclear decommissioning trust funds 10,775 10,143
Operating lease right-of-use assets, net 1,092 1,092
Other 4,072 3,964
Total other noncurrent assets 49,688 48,809
Total Assets 178,670 176,893
Current Liabilities    
Accounts payable 3,364 4,228
Taxes accrued 708 816
Interest accrued 798 745
Current maturities of long-term debt 2,274 2,800
Asset retirement obligations 603 596
Regulatory liabilities 1,309 1,369
Other 2,084 2,319
Total current liabilities 15,546 17,283
Long-Term Debt (includes amounts related to VIEs) 74,979 72,452
Other Noncurrent Liabilities    
Deferred income taxes 10,721 10,556
Asset retirement obligations 8,487 8,560
Regulatory liabilities 14,571 14,039
Operating lease liabilities 915 917
Accrued pension and other post-retirement benefit costs 473 485
Investment tax credits 862 864
Other 1,352 1,393
Total other noncurrent liabilities 37,507 36,971
Commitments and Contingencies
Equity    
Total Liabilities and Equity 178,670 176,893
Duke Energy Progress    
Current Assets    
Cash and cash equivalents 27 18
Receivables of VIEs (net of allowance for doubtful accounts) 132 139
Receivables (net of allowance for doubtful accounts) 789 833
Inventory 1,294 1,227
Regulatory assets 834 942
Other (includes amounts related to VIEs) 58 72
Total current assets 3,137 3,247
Property, Plant and Equipment    
Cost 39,865 39,283
Accumulated depreciation and amortization (15,503) (15,227)
Net property, plant and equipment 24,362 24,056
Other Noncurrent Assets    
Regulatory assets 4,631 4,546
Nuclear decommissioning trust funds 4,345 4,075
Operating lease right-of-use assets, net 304 318
Other 715 682
Total other noncurrent assets 9,995 9,621
Total Assets 37,494 36,924
Current Liabilities    
Accounts payable 557 634
Taxes accrued 129 176
Interest accrued 89 114
Current maturities of long-term debt 73 72
Asset retirement obligations 228 244
Regulatory liabilities 300 300
Other 429 481
Total current liabilities 2,853 3,244
Long-Term Debt (includes amounts related to VIEs) 11,955 11,492
Other Noncurrent Liabilities    
Deferred income taxes 2,555 2,560
Asset retirement obligations 3,619 3,626
Regulatory liabilities 4,635 4,375
Operating lease liabilities 283 293
Accrued pension and other post-retirement benefit costs 144 146
Investment tax credits 128 129
Other 93 102
Total other noncurrent liabilities 11,457 11,231
Commitments and Contingencies
Equity    
Total equity 11,079 10,807
Total Liabilities and Equity 37,494 36,924
Duke Energy Progress | Affiliated Entity    
Current Assets    
Receivables of VIEs (net of allowance for doubtful accounts) 3 16
Current Liabilities    
Accounts payable 294 332
Notes payable to affiliated companies 754 891
Long-Term Debt (includes amounts related to VIEs) $ 150 $ 150