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Condensed Consolidated Balance Sheets - Duke Energy Progress - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 390 $ 253
Receivables (net of allowance for doubtful accounts) 2,127 1,112
Receivables of VIEs (net of allowance for doubtful accounts) 2,009 3,019
Inventory 4,390 4,292
Regulatory assets 2,663 3,648
Other (includes amounts related to VIEs) 436 431
Total current assets 12,557 12,769
Property, Plant and Equipment    
Cost 177,974 171,353
Accumulated depreciation and amortization (57,874) (56,038)
Net property, plant and equipment 120,100 115,315
Other Noncurrent Assets    
Regulatory assets 13,446 13,618
Nuclear decommissioning trust funds 10,944 10,143
Operating lease right-of-use assets, net 1,108 1,092
Other 3,556 3,964
Total other noncurrent assets 48,918 48,809
Total Assets 181,575 176,893
Current Liabilities    
Accounts payable 3,777 4,228
Taxes accrued 748 816
Interest accrued 790 745
Current maturities of long-term debt 2,340 2,800
Asset retirement obligations 636 596
Regulatory liabilities 1,228 1,369
Other 2,212 2,319
Total current liabilities 15,482 17,283
Long-Term Debt (includes amounts related to VIEs) 76,439 72,452
Other Noncurrent Liabilities    
Deferred income taxes 10,773 10,556
Asset retirement obligations 9,718 8,560
Regulatory liabilities 14,557 14,039
Operating lease liabilities 925 917
Accrued pension and other post-retirement benefit costs 437 485
Investment tax credits 860 864
Other 1,466 1,393
Total other noncurrent liabilities 38,848 36,971
Commitments and Contingencies
Equity    
Total Liabilities and Equity 181,575 176,893
Duke Energy Progress    
Current Assets    
Cash and cash equivalents 33 18
Receivables (net of allowance for doubtful accounts) 189 139
Receivables of VIEs (net of allowance for doubtful accounts) 881 833
Inventory 1,303 1,227
Regulatory assets 785 942
Other (includes amounts related to VIEs) 73 72
Total current assets 3,268 3,247
Property, Plant and Equipment    
Cost 41,226 39,283
Accumulated depreciation and amortization (15,730) (15,227)
Net property, plant and equipment 25,496 24,056
Other Noncurrent Assets    
Regulatory assets 4,487 4,546
Nuclear decommissioning trust funds 4,425 4,075
Operating lease right-of-use assets, net 291 318
Other 694 682
Total other noncurrent assets 9,897 9,621
Total Assets 38,661 36,924
Current Liabilities    
Accounts payable 523 634
Taxes accrued 150 176
Interest accrued 123 114
Current maturities of long-term debt 479 72
Asset retirement obligations 214 244
Regulatory liabilities 285 300
Other 493 481
Total current liabilities 3,279 3,244
Long-Term Debt (includes amounts related to VIEs) 11,714 11,492
Other Noncurrent Liabilities    
Deferred income taxes 2,551 2,560
Asset retirement obligations 4,342 3,626
Regulatory liabilities 4,612 4,375
Operating lease liabilities 280 293
Accrued pension and other post-retirement benefit costs 139 146
Investment tax credits 127 129
Other 165 102
Total other noncurrent liabilities 12,216 11,231
Commitments and Contingencies
Equity    
Total equity 11,302 10,807
Total Liabilities and Equity 38,661 36,924
Duke Energy Progress | Affiliated Entity    
Current Assets    
Receivables (net of allowance for doubtful accounts) 4 16
Current Liabilities    
Accounts payable 285 332
Notes payable to affiliated companies 727 891
Long-Term Debt (includes amounts related to VIEs) $ 150 $ 150