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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Jun. 30, 2020
Current Assets      
Cash and cash equivalents $ 367 $ 259  
Receivables of VIEs (net of allowance for doubtful accounts) 868 1,009  
Receivables (net of allowance for doubtful accounts) 2,220 2,144  
Inventory 3,015 3,167  
Regulatory assets (includes amounts related to VIEs) 1,793 1,641  
Other (includes amounts related to VIEs) 722 462  
Total current assets 8,985 8,682  
Property, Plant and Equipment      
Cost 158,272 155,580  
Accumulated depreciation and amortization (49,752) (48,827)  
Facilities to be retired, net 121 29  
Net property, plant and equipment 108,641 106,782  
Other Noncurrent Assets      
Goodwill 19,303 19,303  
Regulatory assets (includes amounts related to VIEs) 12,485 12,421  
Nuclear decommissioning trust funds 9,886 9,114  
Operating lease right-of-use assets, net 1,495 1,524  
Investments in equity method unconsolidated affiliates 938 961  
Other (includes amounts related to VIEs) 3,652 3,601  
Total other noncurrent assets 47,759 46,924  
Total Assets 165,385 162,388  
Current Liabilities      
Accounts payable 2,716 3,144  
Notes payable and commercial paper 3,296 2,873  
Taxes accrued 692 482  
Interest accrued 537 537  
Current maturities of long-term debt (includes amounts related to VIEs) 4,976 4,238  
Asset retirement obligations 691 718  
Regulatory liabilities 1,309 1,377  
Other 1,994 2,936  
Total current liabilities 16,211 16,305  
Long-Term Debt (includes amounts related to VIEs) 57,410 55,625  
Other Noncurrent Liabilities      
Deferred income taxes 9,644 9,244  
Asset retirement obligations 12,272 12,286  
Regulatory liabilities 15,414 15,029  
Operating lease liabilities 1,315 1,340  
Accrued pension and other post-retirement benefit costs 995 969  
Investment tax credits 770 687  
Other (includes amounts related to VIEs) 1,809 1,719  
Total other noncurrent liabilities 42,219 41,274  
Commitments and Contingencies  
Equity      
Common stock 1 1  
Additional paid-in capital 43,788 43,767  
Retained earnings 2,687 2,471  
Accumulated other comprehensive loss (306) (237)  
Total Duke Energy Corporation stockholders' equity 48,132 47,964  
Noncontrolling interests 1,413 1,220  
Total equity 49,545 49,184 $ 46,611
Total Liabilities and Equity 165,385 162,388  
Variable Interest Entity      
Current Assets      
Regulatory assets (includes amounts related to VIEs) 54 53  
Other (includes amounts related to VIEs) 356 296  
Other Noncurrent Assets      
Regulatory assets (includes amounts related to VIEs) 914 937  
Other (includes amounts related to VIEs) 89 81  
Current Liabilities      
Current maturities of long-term debt (includes amounts related to VIEs) 219 472  
Long-Term Debt (includes amounts related to VIEs) 3,796 3,535  
Other Noncurrent Liabilities      
Other (includes amounts related to VIEs) 352 316  
Duke Energy Carolinas      
Current Assets      
Cash and cash equivalents 36 21  
Receivables of VIEs (net of allowance for doubtful accounts) 769 696  
Receivables (net of allowance for doubtful accounts) 180 247  
Receivables from affiliated companies 111 124  
Inventory 1,013 1,010  
Regulatory assets (includes amounts related to VIEs) 458 473  
Other (includes amounts related to VIEs) 88 20  
Total current assets 2,655 2,591  
Property, Plant and Equipment      
Cost 51,220 50,640  
Accumulated depreciation and amortization (17,709) (17,453)  
Facilities to be retired, net 93    
Net property, plant and equipment 33,604 33,187  
Other Noncurrent Assets      
Regulatory assets (includes amounts related to VIEs) 2,970 2,996  
Nuclear decommissioning trust funds 5,446 4,977  
Operating lease right-of-use assets, net 100 110  
Other (includes amounts related to VIEs) 1,238 1,187  
Total other noncurrent assets 9,754 9,270  
Total Assets 46,013 45,048  
Current Liabilities      
Accounts payable 675 1,000  
Accounts payable to affiliated companies 195 199  
Notes payable to affiliated companies 471 506  
Taxes accrued 203 76  
Interest accrued 125 117  
Current maturities of long-term debt (includes amounts related to VIEs) 356 506  
Asset retirement obligations 251 264  
Regulatory liabilities 489 473  
Other 425 546  
Total current liabilities 3,190 3,687  
Long-Term Debt (includes amounts related to VIEs) 12,250 11,412  
Long-Term Debt Payable to Affiliated Companies 300 300  
Other Noncurrent Liabilities      
Deferred income taxes 3,937 3,842  
Asset retirement obligations 5,116 5,086  
Regulatory liabilities 6,810 6,535  
Operating lease liabilities 87 97  
Accrued pension and other post-retirement benefit costs 67 73  
Investment tax credits 259 236  
Other (includes amounts related to VIEs) 605 626  
Total other noncurrent liabilities 16,881 16,495  
Commitments and Contingencies  
Equity      
Member's equity 13,399 13,161  
Accumulated other comprehensive loss (7) (7)  
Member's Equity 13,392 13,154 13,072
Total Liabilities and Equity 46,013 45,048  
Progress Energy      
Current Assets      
Cash and cash equivalents 75 59  
Receivables of VIEs (net of allowance for doubtful accounts) 924 901  
Receivables (net of allowance for doubtful accounts) 223 228  
Receivables from affiliated companies 69 157  
Inventory 1,299 1,375  
Regulatory assets (includes amounts related to VIEs) 909 758  
Other (includes amounts related to VIEs) 270 109  
Total current assets 3,769 3,587  
Property, Plant and Equipment      
Cost 59,234 57,892  
Accumulated depreciation and amortization (18,887) (18,368)  
Facilities to be retired, net 28 29  
Net property, plant and equipment 40,375 39,553  
Other Noncurrent Assets      
Goodwill 3,655 3,655  
Regulatory assets (includes amounts related to VIEs) 5,757 5,775  
Nuclear decommissioning trust funds 4,440 4,137  
Operating lease right-of-use assets, net 700 690  
Other (includes amounts related to VIEs) 1,115 1,227  
Total other noncurrent assets 15,667 15,484  
Total Assets 59,811 58,624  
Current Liabilities      
Accounts payable 903 919  
Accounts payable to affiliated companies 331 289  
Notes payable to affiliated companies 3,003 2,969  
Taxes accrued 217 121  
Interest accrued 191 202  
Current maturities of long-term debt (includes amounts related to VIEs) 2,831 1,426  
Asset retirement obligations 251 283  
Regulatory liabilities 558 640  
Other 814 793  
Total current liabilities 9,099 7,642  
Long-Term Debt (includes amounts related to VIEs) 16,269 17,688  
Long-Term Debt Payable to Affiliated Companies 150 150  
Other Noncurrent Liabilities      
Deferred income taxes 4,655 4,396  
Asset retirement obligations 5,853 5,866  
Regulatory liabilities 5,244 5,051  
Operating lease liabilities 634 623  
Accrued pension and other post-retirement benefit costs 496 505  
Other (includes amounts related to VIEs) 469 462  
Total other noncurrent liabilities 17,351 16,903  
Commitments and Contingencies  
Equity      
Additional paid-in capital 9,143 9,143  
Retained earnings 7,809 7,109  
Accumulated other comprehensive loss (13) (15)  
Total Duke Energy Corporation stockholders' equity 16,939 16,237  
Noncontrolling interests 3 4  
Total equity 16,942 16,241 16,221
Total Liabilities and Equity 59,811 58,624  
Progress Energy | Variable Interest Entity      
Current Assets      
Regulatory assets (includes amounts related to VIEs) 54 53  
Other (includes amounts related to VIEs) 33 39  
Other Noncurrent Assets      
Regulatory assets (includes amounts related to VIEs) 914 937  
Current Liabilities      
Current maturities of long-term debt (includes amounts related to VIEs) 55 305  
Long-Term Debt (includes amounts related to VIEs) 1,492 1,252  
Duke Energy Progress      
Current Assets      
Cash and cash equivalents 46 39  
Receivables of VIEs (net of allowance for doubtful accounts) 473 500  
Receivables (net of allowance for doubtful accounts) 129 132  
Receivables from affiliated companies 63 50  
Inventory 858 911  
Regulatory assets (includes amounts related to VIEs) 502 492  
Other (includes amounts related to VIEs) 141 60  
Total current assets 2,212 2,184  
Property, Plant and Equipment      
Cost 36,291 35,759  
Accumulated depreciation and amortization (13,134) (12,801)  
Facilities to be retired, net 28 29  
Net property, plant and equipment 23,185 22,987  
Other Noncurrent Assets      
Regulatory assets (includes amounts related to VIEs) 4,056 3,976  
Nuclear decommissioning trust funds 3,842 3,500  
Operating lease right-of-use assets, net 377 346  
Other (includes amounts related to VIEs) 722 740  
Total other noncurrent assets 8,997 8,562  
Total Assets 34,394 33,733  
Current Liabilities      
Accounts payable 416 454  
Accounts payable to affiliated companies 214 215  
Notes payable to affiliated companies 270 295  
Taxes accrued 87 85  
Interest accrued 90 99  
Current maturities of long-term debt (includes amounts related to VIEs) 1,806 603  
Asset retirement obligations 250 283  
Regulatory liabilities 472 530  
Other 413 411  
Total current liabilities 4,018 2,975  
Long-Term Debt (includes amounts related to VIEs) 7,321 8,505  
Long-Term Debt Payable to Affiliated Companies 150 150  
Other Noncurrent Liabilities      
Deferred income taxes 2,455 2,298  
Asset retirement obligations 5,387 5,352  
Regulatory liabilities 4,578 4,394  
Operating lease liabilities 354 323  
Accrued pension and other post-retirement benefit costs 237 242  
Investment tax credits 130 132  
Other (includes amounts related to VIEs) 79 102  
Total other noncurrent liabilities 13,220 12,843  
Commitments and Contingencies  
Equity      
Member's Equity 9,685 9,260  
Total Liabilities and Equity 34,394 33,733  
Duke Energy Florida      
Current Assets      
Cash and cash equivalents 22 11  
Receivables of VIEs (net of allowance for doubtful accounts) 451 401  
Receivables (net of allowance for doubtful accounts) 91 94  
Receivables from affiliated companies 8 3  
Inventory 440 464  
Regulatory assets (includes amounts related to VIEs) 407 265  
Other (includes amounts related to VIEs) 59 41  
Total current assets 1,478 1,279  
Property, Plant and Equipment      
Cost 22,933 22,123  
Accumulated depreciation and amortization (5,746) (5,560)  
Net property, plant and equipment 17,187 16,563  
Other Noncurrent Assets      
Regulatory assets (includes amounts related to VIEs) 1,701 1,799  
Nuclear decommissioning trust funds 598 637  
Operating lease right-of-use assets, net 323 344  
Other (includes amounts related to VIEs) 342 335  
Total other noncurrent assets 2,964 3,115  
Total Assets 21,629 20,957  
Current Liabilities      
Accounts payable 487 465  
Accounts payable to affiliated companies 129 85  
Notes payable to affiliated companies 363 196  
Taxes accrued 144 82  
Interest accrued 67 69  
Current maturities of long-term debt (includes amounts related to VIEs) 575 823  
Regulatory liabilities 85 110  
Other 395 374  
Total current liabilities 2,245 2,204  
Long-Term Debt (includes amounts related to VIEs) 7,306 7,092  
Other Noncurrent Liabilities      
Deferred income taxes 2,286 2,191  
Asset retirement obligations 467 514  
Regulatory liabilities 665 658  
Operating lease liabilities 280 300  
Accrued pension and other post-retirement benefit costs 227 231  
Other (includes amounts related to VIEs) 262 209  
Total other noncurrent liabilities 4,187 4,103  
Commitments and Contingencies  
Equity      
Member's equity 7,893 7,560  
Accumulated other comprehensive loss (2) (2)  
Member's Equity 7,891 7,558 7,124
Total Liabilities and Equity 21,629 20,957  
Duke Energy Florida | Variable Interest Entity      
Current Assets      
Regulatory assets (includes amounts related to VIEs) 54 53  
Other (includes amounts related to VIEs) 33 39  
Other Noncurrent Assets      
Regulatory assets (includes amounts related to VIEs) 914 937  
Current Liabilities      
Current maturities of long-term debt (includes amounts related to VIEs) 55 305  
Long-Term Debt (includes amounts related to VIEs) 1,223 1,002  
Duke Energy Ohio      
Current Assets      
Cash and cash equivalents 12 14  
Receivables (net of allowance for doubtful accounts) 96 98  
Receivables from affiliated companies 83 102  
Inventory 111 110  
Regulatory assets (includes amounts related to VIEs) 56 39  
Other (includes amounts related to VIEs) 26 31  
Total current assets 384 394  
Property, Plant and Equipment      
Cost 11,351 11,022  
Accumulated depreciation and amortization (3,068) (3,013)  
Net property, plant and equipment 8,283 8,009  
Other Noncurrent Assets      
Goodwill 920 920  
Regulatory assets (includes amounts related to VIEs) 636 610  
Operating lease right-of-use assets, net 20 20  
Other (includes amounts related to VIEs) 79 72  
Total other noncurrent assets 1,655 1,622  
Total Assets 10,322 10,025  
Current Liabilities      
Accounts payable 255 279  
Accounts payable to affiliated companies 72 68  
Notes payable to affiliated companies 390 169  
Taxes accrued 189 247  
Interest accrued 31 31  
Current maturities of long-term debt (includes amounts related to VIEs) 50 50  
Asset retirement obligations 12 3  
Regulatory liabilities 65 65  
Other 70 70  
Total current liabilities 1,134 982  
Long-Term Debt (includes amounts related to VIEs) 3,016 3,014  
Long-Term Debt Payable to Affiliated Companies 25 25  
Other Noncurrent Liabilities      
Deferred income taxes 1,014 981  
Asset retirement obligations 99 108  
Regulatory liabilities 741 748  
Operating lease liabilities 19 20  
Accrued pension and other post-retirement benefit costs 113 113  
Other (includes amounts related to VIEs) 96 99  
Total other noncurrent liabilities 2,082 2,069  
Commitments and Contingencies  
Equity      
Common stock 762 762  
Additional paid-in capital 2,776 2,776  
Retained earnings 527 397  
Total Duke Energy Corporation stockholders' equity 4,065 3,935 3,814
Total Liabilities and Equity 10,322 10,025  
Duke Energy Indiana      
Current Assets      
Cash and cash equivalents 12 7  
Receivables (net of allowance for doubtful accounts) 69 55  
Receivables from affiliated companies 95 112  
Notes receivable from affiliated companies 18    
Inventory 412 473  
Regulatory assets (includes amounts related to VIEs) 173 125  
Other (includes amounts related to VIEs) 46 37  
Total current assets 825 809  
Property, Plant and Equipment      
Cost 17,213 17,382  
Accumulated depreciation and amortization (5,514) (5,661)  
Net property, plant and equipment 11,699 11,721  
Other Noncurrent Assets      
Regulatory assets (includes amounts related to VIEs) 1,310 1,203  
Operating lease right-of-use assets, net 53 55  
Other (includes amounts related to VIEs) 268 253  
Total other noncurrent assets 1,631 1,511  
Total Assets 14,155 14,041  
Current Liabilities      
Accounts payable 209 188  
Accounts payable to affiliated companies 59 88  
Notes payable to affiliated companies   131  
Taxes accrued 64 62  
Interest accrued 52 51  
Current maturities of long-term debt (includes amounts related to VIEs) 123 70  
Asset retirement obligations 176 168  
Regulatory liabilities 141 111  
Other 104 83  
Total current liabilities 928 952  
Long-Term Debt (includes amounts related to VIEs) 3,819 3,871  
Long-Term Debt Payable to Affiliated Companies 150 150  
Other Noncurrent Liabilities      
Deferred income taxes 1,262 1,228  
Asset retirement obligations 980 1,008  
Regulatory liabilities 1,593 1,627  
Operating lease liabilities 52 53  
Accrued pension and other post-retirement benefit costs 172 171  
Investment tax credits 168 168  
Other (includes amounts related to VIEs) 32 30  
Total other noncurrent liabilities 4,259 4,285  
Commitments and Contingencies  
Equity      
Member's Equity 4,999 4,783  
Total Liabilities and Equity 14,155 14,041  
Piedmont      
Current Assets      
Receivables (net of allowance for doubtful accounts) 106 250  
Receivables from affiliated companies 10 10  
Inventory 43 68  
Regulatory assets (includes amounts related to VIEs) 108 153  
Other (includes amounts related to VIEs) 48 20  
Total current assets 315 501  
Property, Plant and Equipment      
Cost 9,556 9,134  
Accumulated depreciation and amortization (1,838) (1,749)  
Net property, plant and equipment 7,718 7,385  
Other Noncurrent Assets      
Goodwill 49 49  
Regulatory assets (includes amounts related to VIEs) 337 302  
Operating lease right-of-use assets, net 18 20  
Investments in equity method unconsolidated affiliates 89 88  
Other (includes amounts related to VIEs) 277 270  
Total other noncurrent assets 770 729  
Total Assets 8,803 8,615  
Current Liabilities      
Accounts payable 165 230  
Accounts payable to affiliated companies 44 79  
Notes payable to affiliated companies 93 530  
Taxes accrued 27 23  
Interest accrued 36 34  
Current maturities of long-term debt (includes amounts related to VIEs)   160  
Regulatory liabilities 57 88  
Other 80 69  
Total current liabilities 502 1,213  
Long-Term Debt (includes amounts related to VIEs) 2,967 2,620  
Other Noncurrent Liabilities      
Deferred income taxes 861 821  
Asset retirement obligations 20 20  
Regulatory liabilities 1,007 1,044  
Operating lease liabilities 16 19  
Accrued pension and other post-retirement benefit costs 6 8  
Other (includes amounts related to VIEs) 185 155  
Total other noncurrent liabilities 2,095 2,067  
Commitments and Contingencies  
Equity      
Common stock 1,635 1,310  
Retained earnings 1,604 1,405  
Total Duke Energy Corporation stockholders' equity 3,239 2,715 2,622
Total Liabilities and Equity 8,803 8,615  
Preferred stock, Series A      
Equity      
Preferred stock   973 $ 973
Preferred stock, Series B      
Equity      
Preferred stock $ 989 $ 989