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Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Operating Revenues        
Regulated electric $ 6,515 $ 6,216 $ 17,223 $ 16,678
Regulated natural gas 223 230 1,231 1,221
Nonregulated electric and other 202 182 522 507
Total operating revenues 6,940 6,628 18,976 18,406
Operating Expenses        
Operation, maintenance and other 1,484 1,584 4,337 4,592
Depreciation and amortization 1,186 1,039 3,364 2,979
Property and other taxes 335 323 1,012 954
Impairment charges (20) 124 (16) 339
Total operating expenses 5,011 5,059 14,376 14,505
Gains (Losses) on Sales of Other Assets and Other, net   10   (87)
Operating Income 1,929 1,579 4,600 3,814
Other Income and Expenses        
Equity in earnings of unconsolidated affiliates 50 37 137 49
Other income and expenses, net 104 131 308 327
Total other income and expenses 154 168 445 376
Interest Expense 572 517 1,657 1,550
Income From Continuing Operations Before Income Taxes 1,511 1,230 3,388 2,640
Income Tax Expense From Continuing Operations 188 168 424 449
Income From Continuing Operations 1,323 1,062 2,964 2,191
Income (Loss) From Discontinued Operations, net of tax   4   (1)
Net Income 1,323 1,066 2,964 2,190
Less: Net Loss Attributable to Noncontrolling Interests (19) (16) (110) (12)
Less: Preferred Dividends 15   27  
Net Income Attributable to Duke Energy Corporation 1,327 1,082 3,047 2,202
Other Comprehensive Income (Loss), net of tax        
Pension and OPEB adjustments (2) 1 1 3
Net unrealized (losses) gains on cash flow hedges (16) (3) (62) 10
Reclassification into earnings from cash flow hedges 1 6 4 5
Unrealized gains (losses) on available-for-sale securities 2   10 (5)
Other Comprehensive (Loss) Income, net of tax (15) 4 (47) 13
Comprehensive Income 1,308 1,070 2,917 2,203
Less: Comprehensive Loss Attributable to Noncontrolling Interests (19) (16) (110) (12)
Less: Preferred Dividends 15   27  
Comprehensive Income Attributable to Duke Energy Corporation $ 1,312 $ 1,086 $ 3,000 $ 2,215
Net income attributable to Duke Energy Corporation common stockholders        
Basic (in usd per share) $ 1.82 $ 1.51 $ 4.18 $ 3.12
Diluted (in usd per share) 1.82 1.51 4.18 3.11
Basic (in usd per share) 1.82 1.51 4.18 3.12
Diluted (in usd per share) $ 1.82 $ 1.51 $ 4.18 $ 3.11
Weighted average shares outstanding        
Weighted Average Number of Shares Outstanding, Basic 729 713 728 705
Weighted Average Number of Shares Outstanding, Diluted 729 714 728 706
Duke Energy Carolinas [Member]        
Operating Revenues        
Total operating revenues $ 2,162 $ 2,090 $ 5,619 $ 5,525
Operating Expenses        
Fuel used in electric generation and purchased power/Cost of natural gas 504 490 1,371 1,370
Operation, maintenance and other 443 514 1,324 1,464
Depreciation and amortization 350 305 1,013 866
Property and other taxes 66 67 221 214
Impairment charges 6 1 11 191
Total operating expenses 1,369 1,377 3,940 4,105
Gains (Losses) on Sales of Other Assets and Other, net       (1)
Operating Income 793 713 1,679 1,419
Other Income and Expenses        
Total other income and expenses 34 34 106 108
Interest Expense 119 106 346 323
Income From Continuing Operations Before Income Taxes 708 641 1,439 1,204
Income Tax Expense From Continuing Operations 118 145 255 268
Net Income Attributable to Duke Energy Corporation 590 496 1,184 936
Other Comprehensive Income (Loss), net of tax        
Reclassification into earnings from cash flow hedges       1
Other Comprehensive (Loss) Income, net of tax       1
Comprehensive Income Attributable to Duke Energy Corporation 590 496 1,184 937
Progress Energy [Member]        
Operating Revenues        
Total operating revenues 3,242 3,045 8,558 8,119
Operating Expenses        
Fuel used in electric generation and purchased power/Cost of natural gas 1,187 1,148 3,100 3,019
Operation, maintenance and other 640 680 1,813 1,913
Depreciation and amortization 496 419 1,377 1,183
Property and other taxes 159 145 439 399
Impairment charges (25) 1 (25) 34
Total operating expenses 2,457 2,393 6,704 6,548
Gains (Losses) on Sales of Other Assets and Other, net 1 11   23
Operating Income 786 663 1,854 1,594
Other Income and Expenses        
Total other income and expenses 41 51 106 128
Interest Expense 212 214 650 626
Income From Continuing Operations Before Income Taxes 615 500 1,310 1,096
Income Tax Expense From Continuing Operations 94 94 212 186
Net Income 521 406 1,098 910
Less: Net Loss Attributable to Noncontrolling Interests 0 2 0 6
Net Income Attributable to Duke Energy Corporation 521 404 1,098 904
Other Comprehensive Income (Loss), net of tax        
Pension and OPEB adjustments     2 2
Net unrealized (losses) gains on cash flow hedges 1 2 4 5
Unrealized gains (losses) on available-for-sale securities 1   2 (1)
Other Comprehensive (Loss) Income, net of tax 2 2 8 6
Comprehensive Income 523 408 1,106 916
Less: Comprehensive Loss Attributable to Noncontrolling Interests   2   6
Comprehensive Income Attributable to Duke Energy Corporation 523 406 1,106 910
Duke Energy Progress [Member]        
Operating Revenues        
Total operating revenues 1,688 1,582 4,559 4,333
Operating Expenses        
Fuel used in electric generation and purchased power/Cost of natural gas 577 535 1,571 1,452
Operation, maintenance and other 378 431 1,070 1,187
Depreciation and amortization 314 253 855 723
Property and other taxes 46 40 131 115
Impairment charges       33
Total operating expenses 1,315 1,259 3,627 3,510
Gains (Losses) on Sales of Other Assets and Other, net   7   9
Operating Income 373 330 932 832
Other Income and Expenses        
Total other income and expenses 27 24 75 61
Interest Expense 74 82 232 241
Income From Continuing Operations Before Income Taxes 326 272 775 652
Income Tax Expense From Continuing Operations 48 56 125 120
Net Income Attributable to Duke Energy Corporation 278 216 650 532
Other Comprehensive Income (Loss), net of tax        
Comprehensive Income Attributable to Duke Energy Corporation     650 532
Duke Energy Florida [Member]        
Operating Revenues        
Total operating revenues 1,548 1,462 3,987 3,780
Operating Expenses        
Fuel used in electric generation and purchased power/Cost of natural gas 610 614 1,529 1,567
Operation, maintenance and other 256 245 730 719
Depreciation and amortization 182 166 522 460
Property and other taxes 113 105 309 284
Impairment charges (25) 1 (25) 1
Total operating expenses 1,136 1,131 3,065 3,031
Gains (Losses) on Sales of Other Assets and Other, net 1      
Operating Income 413 331 922 749
Other Income and Expenses        
Total other income and expenses 14 28 39 75
Interest Expense 81 73 246 210
Income From Continuing Operations Before Income Taxes 346 286 715 614
Income Tax Expense From Continuing Operations 57 43 129 100
Net Income Attributable to Duke Energy Corporation 289 243 586 514
Other Comprehensive Income (Loss), net of tax        
Unrealized gains (losses) on available-for-sale securities 1   2 (1)
Other Comprehensive (Loss) Income, net of tax 1   2 (1)
Comprehensive Income Attributable to Duke Energy Corporation 290 243 588 513
Duke Energy Ohio [Member]        
Operating Revenues        
Regulated electric 408 373 1,099 1,055
Regulated natural gas 81 84 354 361
Nonregulated electric and other   12   36
Total operating revenues 489 469 1,453 1,452
Operating Expenses        
Operation, maintenance and other 123 76 378 337
Depreciation and amortization 69 64 199 196
Property and other taxes 71 73 229 218
Total operating expenses 381 330 1,167 1,151
Gains (Losses) on Sales of Other Assets and Other, net       (106)
Operating Income 108 139 286 195
Other Income and Expenses        
Total other income and expenses 4 3 19 17
Interest Expense 27 23 81 68
Income From Continuing Operations Before Income Taxes 85 119 224 144
Income Tax Expense From Continuing Operations 11 19 34 23
Net Income Attributable to Duke Energy Corporation 74 100 190 121
Other Comprehensive Income (Loss), net of tax        
Comprehensive Income Attributable to Duke Energy Corporation     190 121
Duke Energy Indiana [Member]        
Operating Revenues        
Total operating revenues 807 819 2,289 2,288
Operating Expenses        
Fuel used in electric generation and purchased power/Cost of natural gas 234 272 720 730
Operation, maintenance and other 192 198 569 576
Depreciation and amortization 130 130 393 386
Property and other taxes 16 16 55 56
Impairment charges   30   30
Total operating expenses 572 646 1,737 1,778
Operating Income 235 173 552 510
Other Income and Expenses        
Total other income and expenses 8 23 35 36
Interest Expense 40 42 111 125
Income From Continuing Operations Before Income Taxes 203 154 476 421
Income Tax Expense From Continuing Operations 47 35 113 104
Net Income Attributable to Duke Energy Corporation 156 119 363 317
Other Comprehensive Income (Loss), net of tax        
Comprehensive Income Attributable to Duke Energy Corporation     363 317
Piedmont Natural Gas [Member]        
Operating Revenues        
Total operating revenues 168 172 956 940
Operating Expenses        
Fuel used in electric generation and purchased power/Cost of natural gas 46 54 384 387
Operation, maintenance and other 78 85 241 252
Depreciation and amortization 43 40 127 118
Property and other taxes 14 12 39 36
Total operating expenses 181 191 791 793
Operating Income (13) (19) 165 147
Other Income and Expenses        
Equity in earnings of unconsolidated affiliates     6 6
Total other income and expenses 7 6 19 15
Interest Expense 22 19 65 60
Income From Continuing Operations Before Income Taxes (28) (32) 119 102
Income Tax Expense From Continuing Operations (10) (11) 22 21
Net Income Attributable to Duke Energy Corporation (18) (21) 97 81
Other Comprehensive Income (Loss), net of tax        
Comprehensive Income Attributable to Duke Energy Corporation     97 81
Electricity, US Regulated [Member] | Duke Energy Ohio [Member]        
Operating Expenses        
Fuel used in electric generation and purchased power/Cost of natural gas 114 99 293 284
Electricity, Nonregulated [Member] | Duke Energy Ohio [Member]        
Operating Expenses        
Fuel used in electric generation and purchased power/Cost of natural gas   14   43
Electricity [Member]        
Operating Expenses        
Fuel used in electric generation and purchased power/Cost of natural gas 1,978 1,931 5,228 5,181
Natural Gas [Member]        
Operating Expenses        
Fuel used in electric generation and purchased power/Cost of natural gas 48 58 451 460
Natural Gas [Member] | Duke Energy Ohio [Member]        
Operating Expenses        
Fuel used in electric generation and purchased power/Cost of natural gas $ 4 $ 4 $ 68 $ 73