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Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Operating Revenues        
Regulated electric $ 4,965 $ 5,090 $ 10,018 $ 10,547
Nonregulated electric and other 422 403 822 780
Regulated natural gas 97 96 266 327
Total operating revenues 5,484 5,589 11,106 11,654
Operating Expenses        
Fuel used in electric generation and purchased power – regulated 1,509 1,721 3,086 3,662
Fuel used in electric generation and purchased power – nonregulated 82 118 140 222
Cost of natural gas 21 26 81 137
Operation, maintenance and other 1,431 1,422 2,920 2,848
Depreciation and amortization 813 790 1,627 1,567
Property and other taxes 293 279 590 543
Impairment charges 195   198  
Total operating expenses 4,344 4,356 8,642 8,979
Gains on Sales of Other Assets and Other, net 5 13 14 27
Operating Income 1,145 1,246 2,478 2,702
Other Income and Expenses        
Equity in earnings of unconsolidated affiliates 15 23 23 36
Other income and expenses, net 92 72 171 146
Total other income and expenses 107 95 194 182
Interest Expense 500 403 1,011 806
Income From Continuing Operations Before Income Taxes 752 938 1,661 2,078
Income Tax Expense from Continuing Operations 239 334 452 698
Income from Continuing Operations 513 604 1,209 1,380
(Loss) Income From Discontinued Operations, net of tax (1) (57) 2 34
Net income 512 547 1,211 1,414
Less: Net Income Attributable to Noncontrolling Interests 3 4 8 7
Net Income (Loss) Attributable to Parent 509 543 1,203 1,407
Other Comprehensive Income (Loss), net of tax        
Pension and OPEB adjustments 2 7 2 2
Reclassification into earnings from cash flow hedges   1 2 5
Unrealized (losses) gains on available-for-sale securities 3 (3) 7 (3)
Other Comprehensive Income, net of tax 52 23 93 (110)
Comprehensive Income 564 570 1,304 1,304
Less: Comprehensive Income Attributable to Noncontrolling Interests 6 3 12 2
Comprehensive Income Attributable to Parent $ 558 $ 567 $ 1,292 $ 1,302
Income from continuing operations attributable to Duke Energy Corporation common stockholders        
Basic (usd per share) $ 0.74 $ 0.87 $ 1.74 $ 1.96
Diluted (usd per share) 0.74 0.87 1.74 1.96
(Loss) Income from discontinued operations attributable to Duke Energy Corporation common stockholders        
Basic (usd per share)   (0.09)   0.05
Diluted (usd per share)   (0.09)   0.05
Net income attributable to Duke Energy Corporation common stockholders        
Basic (usd per share) 0.74 0.78 1.74 2.01
Diluted (usd per share) $ 0.74 $ 0.78 $ 1.74 $ 2.01
Weighted average shares outstanding        
Basic (shares) 689 692 689 700
Diluted (shares) 690 692 689 700
Duke Energy Carolinas [Member]        
Operating Revenues        
Total operating revenues $ 1,675 $ 1,707 $ 3,415 $ 3,608
Operating Expenses        
Fuel used in electric generation and purchased power – regulated 389 427 810 1,005
Operation, maintenance and other 476 469 988 958
Depreciation and amortization 275 261 534 510
Property and other taxes 71 67 138 137
Total operating expenses 1,211 1,224 2,470 2,610
Operating Income 464 483 945 998
Other Income and Expenses        
Other income and expenses, net 45 41 82 83
Interest Expense 107 106 214 208
Income From Continuing Operations Before Income Taxes 402 418 813 873
Income Tax Expense from Continuing Operations 141 153 281 316
Net Income (Loss) Attributable to Parent 261 265 532 557
Other Comprehensive Income (Loss), net of tax        
Reclassification into earnings from cash flow hedges     1  
Other Comprehensive Income, net of tax     1  
Comprehensive Income Attributable to Parent 261 265 533 557
Progress Energy [Member]        
Operating Revenues        
Total operating revenues 2,348 2,476 4,680 5,012
Operating Expenses        
Fuel used in electric generation and purchased power – regulated 852 1,003 1,712 2,035
Operation, maintenance and other 525 568 1,117 1,133
Depreciation and amortization 296 283 586 570
Property and other taxes 120 124 239 235
Impairment charges 1   3  
Total operating expenses 1,794 1,978 3,657 3,973
Gains on Sales of Other Assets and Other, net 6 6 12 14
Operating Income 560 504 1,035 1,053
Other Income and Expenses        
Other income and expenses, net 28 19 48 46
Interest Expense 160 166 320 334
Income From Continuing Operations Before Income Taxes 428 357 763 765
Income Tax Expense from Continuing Operations 154 140 277 284
Income from Continuing Operations 274 217 486 481
(Loss) Income From Discontinued Operations, net of tax       (1)
Net income 274 217 486 480
Less: Net Income Attributable to Noncontrolling Interests 2 2 5 5
Net Income (Loss) Attributable to Parent 272 215 481 475
Other Comprehensive Income (Loss), net of tax        
Pension and OPEB adjustments 1 1 2 2
Reclassification into earnings from cash flow hedges 2 1 3 (1)
Unrealized (losses) gains on available-for-sale securities   (1) 1 (1)
Other Comprehensive Income, net of tax 3 1 6  
Comprehensive Income 277 218 492 480
Less: Comprehensive Income Attributable to Noncontrolling Interests 2 2 5 5
Comprehensive Income Attributable to Parent 275 216 487 475
Duke Energy Progress [Member]        
Operating Revenues        
Total operating revenues 1,213 1,193 2,520 2,642
Operating Expenses        
Fuel used in electric generation and purchased power – regulated 424 449 872 1,024
Operation, maintenance and other 321 362 707 737
Depreciation and amortization 175 163 350 315
Property and other taxes 38 35 79 67
Total operating expenses 958 1,009 2,008 2,143
Gains on Sales of Other Assets and Other, net     1 1
Operating Income 255 184 513 500
Other Income and Expenses        
Other income and expenses, net 12 15 29 35
Interest Expense 64 56 127 116
Income From Continuing Operations Before Income Taxes 203 143 415 419
Income Tax Expense from Continuing Operations 72 58 147 151
Net Income (Loss) Attributable to Parent 131 85 268 268
Duke Energy Florida [Member]        
Operating Revenues        
Total operating revenues 1,133 1,281 2,157 2,367
Operating Expenses        
Fuel used in electric generation and purchased power – regulated 429 554 841 1,011
Operation, maintenance and other 199 202 404 390
Depreciation and amortization 122 122 236 256
Property and other taxes 82 88 160 168
Impairment charges 1   3  
Total operating expenses 833 966 1,644 1,825
Operating Income 300 315 513 542
Other Income and Expenses        
Other income and expenses, net 14 4 19 10
Interest Expense 40 50 81 99
Income From Continuing Operations Before Income Taxes 274 269 451 453
Income Tax Expense from Continuing Operations 103 104 170 175
Net Income (Loss) Attributable to Parent 171 165 281 278
Other Comprehensive Income (Loss), net of tax        
Unrealized (losses) gains on available-for-sale securities     1  
Other Comprehensive Income, net of tax     1  
Comprehensive Income Attributable to Parent 171 165 282 278
Duke Energy Ohio [Member]        
Operating Revenues        
Regulated electric 323 299 663 638
Nonregulated electric and other 6 9 12 23
Regulated natural gas 99 97 269 330
Total operating revenues 428 405 944 991
Operating Expenses        
Fuel used in electric generation and purchased power – regulated 100 107 211 222
Fuel used in electric generation and purchased power – nonregulated 13 12 23 26
Cost of natural gas 9 12 58 109
Operation, maintenance and other 122 118 241 246
Depreciation and amortization 64 58 125 115
Property and other taxes 65 57 136 127
Total operating expenses 373 364 794 845
Gains on Sales of Other Assets and Other, net   2 1 8
Operating Income 55 43 151 154
Other Income and Expenses        
Other income and expenses, net 1 (5) 3 (2)
Interest Expense 21 18 41 38
Income From Continuing Operations Before Income Taxes 35 20 113 114
Income Tax Expense from Continuing Operations 12 7 33 42
Income from Continuing Operations 23 13 80 72
(Loss) Income From Discontinued Operations, net of tax   (65) 2 25
Net Income (Loss) Attributable to Parent 23 (52) 82 97
Duke Energy Indiana [Member]        
Operating Revenues        
Total operating revenues 702 686 1,416 1,474
Operating Expenses        
Fuel used in electric generation and purchased power – regulated 220 235 448 529
Operation, maintenance and other 189 180 351 361
Depreciation and amortization 97 107 222 211
Property and other taxes 22 19 45 18
Total operating expenses 528 541 1,066 1,119
Gains on Sales of Other Assets and Other, net   1   1
Operating Income 174 146 350 356
Other Income and Expenses        
Other income and expenses, net 6 4 10 9
Interest Expense 47 43 91 88
Income From Continuing Operations Before Income Taxes 133 107 269 277
Income Tax Expense from Continuing Operations 48 39 89 101
Net Income (Loss) Attributable to Parent 85 68 180 176
Other Comprehensive Income (Loss), net of tax        
Reclassification into earnings from cash flow hedges     (1) (1)
Other Comprehensive Income, net of tax     (1) (1)
Comprehensive Income Attributable to Parent $ 85 $ 68 $ 179 $ 175