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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, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Operating Revenues        
Regulated electric $ 5,118 $ 4,965 $ 10,031 $ 10,018
Regulated natural gas 275 97 921 266
Nonregulated electric and other 162 151 332 306
Total operating revenues 5,555 5,213 11,284 10,590
Operating Expenses        
Fuel used in electric generation and purchased power 1,541 1,521 2,990 3,109
Cost of natural gas 76 9 334 58
Operation, maintenance and other 1,407 1,351 2,840 2,767
Depreciation and amortization 835 790 1,694 1,583
Property and other taxes 307 290 611 585
Impairment charges 9 1 9 4
Total operating expenses 4,175 3,962 8,478 8,106
Gains on Sales of Other Assets and Other, net 7 8 18 15
Operating Income 1,387 1,259 2,824 2,499
Other Income and Expenses        
Equity in earnings of unconsolidated affiliates 36 15 65 23
Other income and expenses, net 81 81 167 151
Total other income and expenses 117 96 232 174
Interest Expense 486 478 977 967
Income From Continuing Operations Before Income Taxes 1,018 877 2,079 1,706
Income Tax Expense from Continuing Operations 327 253 671 505
Income from Continuing Operations 691 624 1,408 1,201
Income From Discontinued Operations, net of tax (2) (112) (2) 10
Net income 689 512 1,406 1,211
Less: Net Income Attributable to Noncontrolling Interests 3 3 4 8
Net Income Attributable to Parent 686 509 1,402 1,203
Other Comprehensive Income (Loss), net of tax        
Pension and OPEB adjustments 1 2 2 2
Net unrealized gains on cash flow hedges (6) (11) (4) (25)
Reclassification into earnings from cash flow hedges 4 0 5 2
Unrealized gains on available-for-sale securities 4 3 8 7
Other Comprehensive Income, net of tax 3 52 11 93
Comprehensive Income 692 564 1,417 1,304
Less: Comprehensive Income Attributable to Noncontrolling Interests 3 6 4 12
Comprehensive Income Attributable to Parent $ 689 $ 558 $ 1,413 $ 1,292
Income from continuing operations attributable to Duke Energy Corporation common stockholders        
Basic (usd per share) $ 0.98 $ 0.90 $ 2.00 $ 1.73
Diluted (usd per share) 0.98 0.90 2.00 1.73
(Loss) Income from discontinued operations attributable to Duke Energy Corporation common stockholders        
Basic (usd per share)   (0.16)   0.01
Diluted (usd per share)   (0.16)   0.01
Net income attributable to Duke Energy Corporation common stockholders        
Basic (usd per share) 0.98 0.74 2.00 1.74
Diluted (usd per share) $ 0.98 $ 0.74 $ 2.00 $ 1.74
Weighted average shares outstanding        
Basic (shares) 700 689 700 689
Diluted (shares) 700 690 700 689
Duke Energy Carolinas [Member]        
Operating Revenues        
Total operating revenues $ 1,729 $ 1,675 $ 3,445 $ 3,415
Operating Expenses        
Fuel used in electric generation and purchased power 435 389 863 810
Operation, maintenance and other 469 476 951 988
Depreciation and amortization 269 275 523 534
Property and other taxes 71 71 139 138
Total operating expenses 1,244 1,211 2,476 2,470
Operating Income 485 464 969 945
Other Income and Expenses        
Other income and expenses, net 36 45 73 82
Interest Expense 103 107 206 214
Income From Continuing Operations Before Income Taxes 418 402 836 813
Income Tax Expense from Continuing Operations 145 141 293 281
Net Income Attributable to Parent 273 261 543 532
Other Comprehensive Income (Loss), net of tax        
Reclassification into earnings from cash flow hedges 1   1 1
Other Comprehensive Income, net of tax     1 1
Comprehensive Income Attributable to Parent 274 261 544 533
Progress Energy [Member]        
Operating Revenues        
Total operating revenues 2,392 2,348 4,571 4,680
Operating Expenses        
Fuel used in electric generation and purchased power 831 852 1,557 1,712
Operation, maintenance and other 534 525 1,078 1,117
Depreciation and amortization 311 296 624 586
Property and other taxes 129 120 246 239
Impairment charges 2 1 2 3
Total operating expenses 1,807 1,794 3,507 3,657
Gains on Sales of Other Assets and Other, net 6 6 14 12
Operating Income 591 560 1,078 1,035
Other Income and Expenses        
Other income and expenses, net 21 28 45 48
Interest Expense 196 160 402 320
Income From Continuing Operations Before Income Taxes 416 428 721 763
Income Tax Expense from Continuing Operations 139 154 243 277
Net income 277 274 478 486
Less: Net Income Attributable to Noncontrolling Interests 3 2 5 5
Net Income Attributable to Parent 274 272 473 481
Other Comprehensive Income (Loss), net of tax        
Pension and OPEB adjustments 1 1 2 2
Net unrealized gains on cash flow hedges 5   6  
Reclassification into earnings from cash flow hedges   2   3
Unrealized gains on available-for-sale securities 1   2 1
Other Comprehensive Income, net of tax 7 3 10 6
Comprehensive Income 284 277 488 492
Less: Comprehensive Income Attributable to Noncontrolling Interests 3 2 5 5
Comprehensive Income Attributable to Parent 281 275 483 487
Duke Energy Progress [Member]        
Operating Revenues        
Total operating revenues 1,199 1,213 2,418 2,520
Operating Expenses        
Fuel used in electric generation and purchased power 375 424 739 872
Operation, maintenance and other 330 321 680 707
Depreciation and amortization 173 175 354 350
Property and other taxes 40 38 80 79
Total operating expenses 918 958 1,853 2,008
Gains on Sales of Other Assets and Other, net 1   3 1
Operating Income 282 255 568 513
Other Income and Expenses        
Other income and expenses, net 14 12 33 29
Interest Expense 70 64 152 127
Income From Continuing Operations Before Income Taxes 226 203 449 415
Income Tax Expense from Continuing Operations 72 72 148 147
Net Income Attributable to Parent 154 131 301 268
Other Comprehensive Income (Loss), net of tax        
Comprehensive Income Attributable to Parent 154 131 301 268
Duke Energy Florida [Member]        
Operating Revenues        
Total operating revenues 1,191 1,133 2,150 2,157
Operating Expenses        
Fuel used in electric generation and purchased power 455 429 817 841
Operation, maintenance and other 203 199 394 404
Depreciation and amortization 137 122 269 236
Property and other taxes 89 82 166 160
Impairment charges 1 1 2 3
Total operating expenses 885 833 1,648 1,644
Operating Income 306 300 502 513
Other Income and Expenses        
Other income and expenses, net 14 14 30 19
Interest Expense 70 40 140 81
Income From Continuing Operations Before Income Taxes 250 274 392 451
Income Tax Expense from Continuing Operations 92 103 144 170
Net Income Attributable to Parent 158 171 248 281
Other Comprehensive Income (Loss), net of tax        
Unrealized gains on available-for-sale securities 1   2 1
Other Comprehensive Income, net of tax     2 1
Comprehensive Income Attributable to Parent 159 171 250 282
Duke Energy Ohio [Member]        
Operating Revenues        
Regulated electric 328 323 665 663
Regulated natural gas 100 99 270 269
Nonregulated electric and other 9 6 20 12
Total operating revenues 437 428 955 944
Operating Expenses        
Fuel used in electric generation and purchased power 86 100 183 211
Fuel used in electric generation and purchased power – nonregulated 14 13 29 23
Cost of natural gas 10 9 64 58
Operation, maintenance and other 131 122 261 241
Depreciation and amortization 63 64 130 125
Property and other taxes 67 65 139 136
Impairment charges 1   1  
Total operating expenses 372 373 807 794
Gains on Sales of Other Assets and Other, net       1
Operating Income 65 55 148 151
Other Income and Expenses        
Other income and expenses, net 4 1 8 3
Interest Expense 23 21 45 41
Income From Continuing Operations Before Income Taxes 46 35 111 113
Income Tax Expense from Continuing Operations 16 12 39 33
Income from Continuing Operations 30 23 72 80
Income From Discontinued Operations, net of tax       2
Net Income Attributable to Parent 30 23 72 82
Other Comprehensive Income (Loss), net of tax        
Comprehensive Income Attributable to Parent 30 23 72 82
Duke Energy Indiana [Member]        
Operating Revenues        
Total operating revenues 742 702 1,500 1,416
Operating Expenses        
Fuel used in electric generation and purchased power 234 220 485 448
Operation, maintenance and other 192 189 366 351
Depreciation and amortization 91 97 216 222
Property and other taxes 15 22 37 45
Total operating expenses 532 528 1,104 1,066
Operating Income 210 174 396 350
Other Income and Expenses        
Other income and expenses, net 9 6 17 10
Interest Expense 44 47 88 91
Income From Continuing Operations Before Income Taxes 175 133 325 269
Income Tax Expense from Continuing Operations 69 48 128 89
Net Income Attributable to Parent 106 85 197 180
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 106 85 197 179
Piedmont Natural Gas [Member]        
Operating Revenues        
Regulated natural gas 198 179 696 660
Nonregulated electric and other 3 3 5 5
Total operating revenues 201 182 701 665
Operating Expenses        
Cost of natural gas 65 50 270 247
Operation, maintenance and other 76 73 153 147
Depreciation and amortization 36 34 71 68
Property and other taxes 12 11 25 22
Impairment charges 7   7  
Total operating expenses 196 168 526 484
Operating Income 5 14 175 181
Other Income and Expenses        
Equity in earnings of unconsolidated affiliates 2 7 5 23
Other income and expenses, net (1)   (1)  
Total other income and expenses 1 7 4 23
Interest Expense 19 16 39 33
Income From Continuing Operations Before Income Taxes (13) 5 140 171
Income Tax Expense from Continuing Operations (5) 2 53 65
Net Income Attributable to Parent (8) 3 87 106
Other Comprehensive Income (Loss), net of tax        
Comprehensive Income Attributable to Parent $ (8) $ 3 $ 87 $ 106