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Condensed Consolidated Balance Sheets - Duke Energy Ohio - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 253 $ 409
Receivables of VIEs (net of allowance for doubtful accounts) 1,112 1,309
Inventory (includes $462 at 2023 related to VIEs) 4,292 3,584
Regulatory assets 3,648 3,485
Other (includes amounts related to VIEs) 431 973
Total current assets 12,769 13,222
Property, Plant and Equipment    
Cost 171,351 163,839
Accumulated depreciation and amortization (56,038) (52,100)
Facilities to be retired, net 2 9
Net property, plant and equipment 115,315 111,748
Other Noncurrent Assets    
Goodwill 19,303 19,303
Other Noncurrent Assets: Regulatory assets 13,618 14,645
Operating lease right-of-use assets, net 1,092 1,042
Other (including amounts related to VIEs) 3,964 3,400
Total other noncurrent assets 48,809 53,116
Total Assets 176,893 178,086
Current Liabilities    
Accounts payable (includes $188 at 2023 related to VIEs) 4,228 4,754
Taxes accrued 816 722
Interest accrued 745 626
Current maturities of long-term debt 2,800 3,878
Asset retirement obligations 596 773
Regulatory liabilities 1,369 1,466
Other 2,319 2,167
Total current liabilities 17,283 18,873
Long-Term Debt (includes amounts related to VIEs) 72,452 65,873
Other Noncurrent Liabilities    
Deferred income taxes 10,556 9,964
Total noncurrent asset retirement obligation 8,560 11,955
Total noncurrent regulatory liabilities 14,039 13,582
Operating lease liabilities 917 876
Accrued pension and other post-retirement benefit costs 485 832
Other noncurrent liabilities 1,393 1,502
Total other noncurrent liabilities 36,971 41,487
Commitments and Contingencies
Equity    
Common stock 1 1
Additional paid-in capital 44,920 44,862
Retained earnings 2,235 2,637
Total equity 50,187 51,853
Total Liabilities and Equity 176,893 178,086
Duke Energy Ohio    
Current Assets    
Cash and cash equivalents 24 16
Receivables of VIEs (net of allowance for doubtful accounts) 112 73
Inventory (includes $462 at 2023 related to VIEs) 179 144
Regulatory assets 73 103
Other (includes amounts related to VIEs) 134 86
Total current assets 761 669
Property, Plant and Equipment    
Cost 13,210 12,497
Accumulated depreciation and amortization (3,451) (3,250)
Net property, plant and equipment 9,759 9,247
Other Noncurrent Assets    
Goodwill 920 920
Other Noncurrent Assets: Regulatory assets 676 581
Operating lease right-of-use assets, net 16 18
Other (including amounts related to VIEs) 84 71
Total other noncurrent assets 1,696 1,590
Total Assets 12,216 11,506
Current Liabilities    
Accounts payable (includes $188 at 2023 related to VIEs) 338 380
Taxes accrued 316 317
Interest accrued 35 29
Current maturities of long-term debt   475
Asset retirement obligations 6 17
Regulatory liabilities 56 99
Other 65 74
Total current liabilities 1,500 1,960
Long-Term Debt (includes amounts related to VIEs) 3,493 2,745
Other Noncurrent Liabilities    
Deferred income taxes 1,272 1,136
Total noncurrent asset retirement obligation 130 137
Total noncurrent regulatory liabilities 497 534
Operating lease liabilities 16 17
Accrued pension and other post-retirement benefit costs 97 90
Other noncurrent liabilities 86 96
Total other noncurrent liabilities 2,098 2,010
Commitments and Contingencies
Equity    
Common stock 762 762
Additional paid-in capital 3,100 3,100
Retained earnings 1,238 904
Total equity 5,100 4,766
Total Liabilities and Equity 12,216 11,506
Duke Energy Ohio | Affiliated entity    
Current Assets    
Receivables of VIEs (net of allowance for doubtful accounts) 239 247
Current Liabilities    
Accounts payable (includes $188 at 2023 related to VIEs) 71 72
Notes payable to affiliated companies 613 497
Long-Term Debt (includes amounts related to VIEs) $ 25 $ 25