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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 1,639 $ (2)
Net income 1,757 136
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 2,753 2,651
Equity in losses of unconsolidated affiliates 8 1,924
Equity component of AFUDC (83) (76)
Impairment of assets and other charges 131 8
Deferred income taxes 119 105
Payments for asset retirement obligations (263) (287)
Provision for rate refunds (13) (12)
(Increase) decrease in    
Net realized and unrealized mark-to-market and hedging transactions 15 (24)
Receivables 85 281
Inventory 153 (56)
Other current assets (297) (124)
Increase (decrease) in    
Accounts payable (297) (638)
Taxes accrued 219 273
Other current liabilities (326) (344)
Other assets 77 (201)
Other liabilities (47) (121)
Net cash provided by operating activities 3,873 3,357
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (4,636) (5,103)
Contributions to equity method investments (21) (164)
Purchases of debt and equity securities (3,182) (3,818)
Proceeds from sales and maturities of debt and equity securities 3,217 3,755
Disbursements to canceled equity method investments (855)  
Other (137) (141)
Net cash used in investing activities (5,614) (5,471)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt 4,627 3,788
Proceeds from the issuance of common stock 5 57
Payments for the redemption of long-term debt (2,002) (1,951)
Proceeds from the issuance of short-term debt with original maturities greater than 90 days 75 1,866
Payments for the redemption of short-term debt with original maturities greater than 90 days (959) (113)
Notes payable and commercial paper 1,299 (129)
Contributions from noncontrolling interests 318 163
Dividends paid (1,541) (1,391)
Other (72) (108)
Net cash provided by financing activities 1,750 2,182
Net increase in cash, cash equivalents and restricted cash 9 68
Cash, cash equivalents and restricted cash at beginning of period 556 573
Cash, cash equivalents and restricted cash at end of period 565 641
Significant non-cash transactions:    
Accrued capital expenditures 990 945
Non-cash dividends   54
Duke Energy Carolinas    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 537 573
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 861 854
Equity component of AFUDC (30) (29)
Impairment of assets and other charges 75 2
Deferred income taxes (41) 31
Payments for asset retirement obligations (93) (86)
Provision for rate refunds (11) 2
(Increase) decrease in    
Net realized and unrealized mark-to-market and hedging transactions 4  
Receivables   40
Receivables from affiliated companies 13 36
Inventory (3) (84)
Other current assets (45) 170
Increase (decrease) in    
Accounts payable (266) (249)
Accounts payable to affiliated companies (4) (63)
Taxes accrued 127 120
Other current liabilities (152) (134)
Other assets 8 (83)
Other liabilities 18 (35)
Net cash provided by operating activities 998 1,065
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (1,251) (1,271)
Purchases of debt and equity securities (1,847) (1,017)
Proceeds from sales and maturities of debt and equity securities 1,847 1,017
Other (80) (73)
Net cash used in investing activities (1,331) (1,344)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt 1,298 938
Payments for the redemption of long-term debt (614) (454)
Notes payable to affiliated companies (35) 102
Distributions to parent (300) (300)
Other (1) (1)
Net cash provided by financing activities 348 285
Net increase in cash, cash equivalents and restricted cash 15 6
Cash, cash equivalents and restricted cash at beginning of period 21 18
Cash, cash equivalents and restricted cash at end of period 36 24
Significant non-cash transactions:    
Accrued capital expenditures 315 256
Progress Energy    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) 701 627
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 1,104 1,118
Equity component of AFUDC (23) (24)
Impairment of assets and other charges 37  
Deferred income taxes 163 94
Payments for asset retirement obligations (139) (173)
Provision for rate refunds (7) 2
(Increase) decrease in    
Net realized and unrealized mark-to-market and hedging transactions 16 (22)
Receivables (12) (15)
Receivables from affiliated companies 88 34
Inventory 76 (42)
Other current assets (247) 102
Increase (decrease) in    
Accounts payable 44 (238)
Accounts payable to affiliated companies 42 (88)
Taxes accrued 97 155
Other current liabilities (79) (64)
Other assets (33) (57)
Other liabilities (156) (97)
Net cash provided by operating activities 1,672 1,312
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (1,745) (1,812)
Purchases of debt and equity securities (1,160) (2,602)
Proceeds from sales and maturities of debt and equity securities 1,201 2,588
Notes receivable from affiliated companies   164
Other (69) (81)
Net cash used in investing activities (1,773) (1,743)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt 19 514
Payments for the redemption of long-term debt (41) (550)
Notes payable to affiliated companies 34 552
Other (3)  
Net cash provided by financing activities 9 516
Net increase in cash, cash equivalents and restricted cash (92) 85
Cash, cash equivalents and restricted cash at beginning of period 200 126
Cash, cash equivalents and restricted cash at end of period 108 211
Significant non-cash transactions:    
Accrued capital expenditures 329 287
Duke Energy Progress    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 425 365
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 610 635
Equity component of AFUDC (15) (19)
Impairment of assets and other charges 18  
Deferred income taxes 28 60
Payments for asset retirement obligations (88) (164)
Provision for rate refunds (7) 2
(Increase) decrease in    
Net realized and unrealized mark-to-market and hedging transactions 9 (5)
Receivables 31 96
Receivables from affiliated companies (13) 10
Inventory 52 (46)
Other current assets (52) 87
Increase (decrease) in    
Accounts payable 28 (260)
Accounts payable to affiliated companies (1) (50)
Taxes accrued 2 71
Other current liabilities (45) (16)
Other assets (40) (92)
Other liabilities (43) (5)
Net cash provided by operating activities 899 669
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (869) (795)
Purchases of debt and equity securities (926) (569)
Proceeds from sales and maturities of debt and equity securities 915 548
Other (2) (21)
Net cash used in investing activities (882) (837)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt 19 20
Payments for the redemption of long-term debt (3) (13)
Notes payable to affiliated companies (25) 191
Other (1) (1)
Net cash provided by financing activities (10) 197
Net increase in cash, cash equivalents and restricted cash 7 29
Cash, cash equivalents and restricted cash at beginning of period 39 22
Cash, cash equivalents and restricted cash at end of period 46 51
Significant non-cash transactions:    
Accrued capital expenditures 97 95
Duke Energy Florida    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 334 336
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 491 478
Equity component of AFUDC (8) (6)
Impairment of assets and other charges 19  
Deferred income taxes 130 37
Payments for asset retirement obligations (52) (9)
(Increase) decrease in    
Net realized and unrealized mark-to-market and hedging transactions 5 (20)
Receivables (42) (110)
Receivables from affiliated companies (5) (2)
Inventory 24 4
Other current assets (132) (11)
Increase (decrease) in    
Accounts payable 15 23
Accounts payable to affiliated companies 44 (51)
Taxes accrued 62 134
Other current liabilities (35) (50)
Other assets 11 37
Other liabilities (94) (91)
Net cash provided by operating activities 767 699
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (876) (1,016)
Purchases of debt and equity securities (234) (2,033)
Proceeds from sales and maturities of debt and equity securities 286 2,040
Notes receivable from affiliated companies   173
Other (67) (60)
Net cash used in investing activities (891) (896)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt   495
Payments for the redemption of long-term debt (38) (537)
Notes payable to affiliated companies 167 232
Other   2
Net cash provided by financing activities 129 192
Net increase in cash, cash equivalents and restricted cash 5 (5)
Cash, cash equivalents and restricted cash at beginning of period 50 56
Cash, cash equivalents and restricted cash at end of period 55 51
Significant non-cash transactions:    
Accrued capital expenditures 232 192
Duke Energy Ohio    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 130 131
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 151 138
Equity component of AFUDC (4) (2)
Impairment of assets and other charges 5  
Deferred income taxes 17 24
Payments for asset retirement obligations (1)  
Provision for rate refunds 8 6
(Increase) decrease in    
Net realized and unrealized mark-to-market and hedging transactions (1)  
Receivables 2 2
Receivables from affiliated companies (11) 45
Inventory (1) 6
Other current assets (12) 8
Increase (decrease) in    
Accounts payable (8) (22)
Accounts payable to affiliated companies 4 (10)
Taxes accrued (58) (9)
Other current liabilities (7) 2
Other assets (33) (24)
Other liabilities 4 (3)
Net cash provided by operating activities 185 292
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (415) (403)
Notes receivable from affiliated companies 30 (35)
Other (23) (27)
Net cash used in investing activities (408) (465)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt   397
Payments for the redemption of long-term debt   (233)
Notes payable to affiliated companies 221  
Net cash provided by financing activities 221 164
Net increase in cash, cash equivalents and restricted cash (2) (9)
Cash, cash equivalents and restricted cash at beginning of period 14 17
Cash, cash equivalents and restricted cash at end of period 12 8
Significant non-cash transactions:    
Accrued capital expenditures 88 94
Duke Energy Indiana    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 215 180
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 306 267
Equity component of AFUDC (12) (12)
Impairment of assets and other charges 8  
Deferred income taxes 1 38
Payments for asset retirement obligations (30) (28)
(Increase) decrease in    
Receivables (15) 19
Receivables from affiliated companies (8) 20
Inventory 61 28
Other current assets (31) 13
Increase (decrease) in    
Accounts payable 35 22
Accounts payable to affiliated companies (29) (13)
Taxes accrued 10 4
Other current liabilities 20 (22)
Other assets (3) (29)
Other liabilities 6 (6)
Net cash provided by operating activities 534 481
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (394) (456)
Purchases of debt and equity securities (9) (14)
Proceeds from sales and maturities of debt and equity securities 6 7
Notes receivable from affiliated companies 7 (425)
Other (8) (16)
Net cash used in investing activities (398) (904)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt   544
Notes payable to affiliated companies (131) (30)
Distributions to parent   (100)
Net cash provided by financing activities (131) 414
Net increase in cash, cash equivalents and restricted cash 5 (9)
Cash, cash equivalents and restricted cash at beginning of period 7 25
Cash, cash equivalents and restricted cash at end of period 12 16
Significant non-cash transactions:    
Accrued capital expenditures 85 83
Piedmont    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 199 180
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 101 89
Equity in losses of unconsolidated affiliates (4) (4)
Equity component of AFUDC (14) (9)
Impairment of assets and other charges 5  
Deferred income taxes 3 17
Provision for rate refunds (3) (24)
(Increase) decrease in    
Receivables 137 154
Receivables from affiliated companies   (4)
Inventory 26 42
Other current assets 30 (69)
Increase (decrease) in    
Accounts payable (70) (68)
Accounts payable to affiliated companies (35) 33
Taxes accrued 3 5
Other current liabilities (30) (4)
Other assets 6 (13)
Other liabilities (2) 7
Net cash provided by operating activities 352 332
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (411) (438)
Return of investment capital 1 1
Other (17) (12)
Net cash used in investing activities (427) (449)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt 347 394
Payments for the redemption of long-term debt (160)  
Notes payable to affiliated companies (437) (277)
Capital contributions from parent 325  
Net cash provided by financing activities 75 117
Significant non-cash transactions:    
Accrued capital expenditures $ 111 $ 98