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Condensed Consolidated Statements of Cash Flows - Duke Energy Ohio - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) $ 2,841 $ 2,550 $ 3,908
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and accretion (including amortization of nuclear fuel) 6,084 5,843 5,663
Equity component of AFUDC (198) (197) (171)
Impairment of assets and other charges 85 434 353
Deferred income taxes 3 (200) 191
Contributions to qualified pension plans (100) (58)  
Payments for asset retirement obligations (632) (584) (540)
Provision for rate refunds (63) (130) (70)
(Increase) decrease in      
Receivables 443 (788) (297)
Inventory (706) (476) (34)
Other current assets (267) (1,498) (1,136)
Increase (decrease) in      
Accounts payable (800) 805 249
Taxes accrued 126 10 284
Other current liabilities (26) (153) (13)
Other assets 914 (1,577) 125
Other liabilities 584 410 95
Net cash provided by operating activities 9,878 5,927 8,290
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures (12,604) (11,367) (9,715)
Other (799) (727) (333)
Net cash used in investing activities (12,475) (11,973) (10,935)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from the issuance of long-term debt 10,028 11,874 9,052
Payments for the redemption of long-term debt (4,737) (4,396) (5,294)
Other (124) (130) (94)
Net cash provided by financing activities 2,351 6,129 2,609
Net (decrease) increase in cash, cash equivalents and restricted cash (246) 83 (36)
Cash, cash equivalents and restricted cash at beginning of period 603 520 556
Cash, cash equivalents and restricted cash at end of period 357 603 520
Supplemental Disclosures:      
Cash paid for interest, net of amount capitalized 2,883 2,361 2,248
Cash paid for (received from) income taxes 1 (6) (3)
Significant non-cash transactions:      
Accrued capital expenditures 1,908 1,766 1,325
Duke Energy Ohio      
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) 334 302 204
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and accretion (including amortization of nuclear fuel) 371 328 311
Equity component of AFUDC (9) (7) (7)
Impairment of assets and other charges 3 (10) 25
Deferred income taxes 113 (22) 42
Contributions to qualified pension plans (5) (3)  
Payments for asset retirement obligations (13) (12) (2)
Provision for rate refunds 0 5 16
(Increase) decrease in      
Receivables (38) 23 6
Receivables from affiliated companies (40) (5) (25)
Inventory (35) (28) (6)
Other current assets (23) (55) (60)
Increase (decrease) in      
Accounts payable (34) 44 38
Accounts payable to affiliated companies (1) 8 (4)
Taxes accrued (1) 42 26
Other current liabilities (54) (63) 11
Other assets (24) (29) (43)
Other liabilities (38) 64 27
Net cash provided by operating activities 506 582 559
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures (939) (850) (848)
Proceeds from the sales of other assets 75    
Notes receivable from affiliated companies (48) 105 10
Other (67) (67) (60)
Net cash used in investing activities (883) (1,022) (918)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from the issuance of long-term debt 774 50 150
Payments for the redemption of long-term debt (500)   (50)
Notes payable to affiliated companies 116 395 (67)
Contribution from parent     325
Other (5) (2)  
Net cash provided by financing activities 385 443 358
Net (decrease) increase in cash, cash equivalents and restricted cash 8 3 (1)
Cash, cash equivalents and restricted cash at beginning of period 16 13 14
Cash, cash equivalents and restricted cash at end of period 24 16 13
Supplemental Disclosures:      
Cash paid for interest, net of amount capitalized 158 126 107
Cash paid for (received from) income taxes 58 (35) 9
Significant non-cash transactions:      
Accrued capital expenditures $ 115 $ 123 $ 135