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Consolidated Statements of Equity - USD ($)
$ in Millions
Total
Preferred Stock
Common Stock
Additional Paid In Capital
Retained Earnings
Net Gains (Losses) on Cash Flow Hedges
Net Gains (Losses) on Cash Flow Hedges
Net Unrealized Gains (Losses) on Available-for-Sale Securities
Pension and OPEB Adjustments
Common Stockholders' Equity
Noncontrolling Interests
Duke Energy Carolinas
Duke Energy Carolinas
Members Equity
Duke Energy Carolinas
Net Gains (Losses) on Cash Flow Hedges
Duke Energy Carolinas
Net Gains (Losses) on Cash Flow Hedges
Progress Energy
Progress Energy
Additional Paid In Capital
Progress Energy
Retained Earnings
Progress Energy
Net Gains (Losses) on Cash Flow Hedges
Progress Energy
Net Gains (Losses) on Cash Flow Hedges
Progress Energy
Net Unrealized Gains (Losses) on Available-for-Sale Securities
Progress Energy
Pension and OPEB Adjustments
Progress Energy
Common Stockholders' Equity
Progress Energy
Noncontrolling Interests
Duke Energy Progress
Duke Energy Progress
Members Equity
Duke Energy Florida
Duke Energy Florida
Members Equity
Duke Energy Florida
Net Unrealized Gains (Losses) on Available-for-Sale Securities
Duke Energy Ohio
Duke Energy Ohio
Common Stock
Duke Energy Ohio
Additional Paid In Capital
Duke Energy Ohio
Retained Earnings
Duke Energy Indiana
Duke Energy Indiana
Members Equity
Piedmont
Piedmont
Common Stock
Piedmont
Retained Earnings
Series A Preferred Stock
[7]
Series A Preferred Stock
Preferred Stock
[7]
Series A Preferred Stock
Common Stockholders' Equity
[7]
Series B Preferred Stock
[8]
Series B Preferred Stock
Preferred Stock
[8]
Series B Preferred Stock
Common Stockholders' Equity
[8]
Beginning Balance (parent) at Dec. 31, 2016 $ 41,041   $ 1 $ 38,741 $ 2,384 $ (20)   $ (1) $ (72) $ 41,033 $ 8         $ 11,807 $ 8,094 $ 3,764 $ (23)   $ 1 $ (16) $ 11,820 $ (13)                                        
Beginning Members' Equity at Dec. 31, 2016                       $ 10,772 $ 10,781 $ (9)                       $ 7,358 $ 4,900 $ 4,899 $ 1           $ 4,067                  
Beginning Balance (Attributable to Parent) at Dec. 31, 2016                                                           $ 2,996 $ 762 $ 2,695 $ (461)     $ 1,672 $ 860 $ 812            
Balance (in shares) at Dec. 31, 2016     700,000,000                                                                                  
Net income 3,064       3,059         3,059 5         1,268   1,258         1,258 10                                        
Net Income Attributable to Parent 3,059                     1,214 1,214     1,258                 $ 715 715 712 712   192     192 $ 354 354 139   139            
Other comprehensive income (loss), net of tax 26 [1]         $ 10   13 3 26   2   $ 2   13     $ 5   4 4 13       3   3                              
Stock issuances 51     51           51                                                                    
Distributions/Dividends to parent (2,450)       (2,450)         (2,450)   (625) (625)     (672) [2]   (672) [2]         (672) [2]     (124)       (25)   (25)     (300)                  
Distributions to noncontrolling interest in subsidiaries (2)                   (2)                                                                  
Equitization of certain notes payable to affiliates                               1,047 1,047           1,047                                          
Other 7 [3]       20 [3]         20 [3] (13) [3] (2) (2)     2 2           2       3 3               (149)   (149)            
Balance (in shares) at Dec. 31, 2017     700,000,000                                                                                  
Ending Balance (parent) at Dec. 31, 2017 41,737   $ 1 38,792 3,013   $ (10) 12 (69) 41,739 (2)         13,465 9,143 4,350   $ (18) 5 (12) 13,468 (3)                                        
Ending member's equity at Dec. 31, 2017                       11,361 11,368   $ (7)                     7,949 5,618 5,614 4           4,121                  
Ending Balance (Attributable to Parent) at Dec. 31, 2017                                                           3,163 762 2,670 (269)     1,662 860 802            
Net income 2,644       2,666         2,666 (22)         1,033   1,027         1,027 6                                        
Net Income Attributable to Parent 2,666                     1,071 1,071     1,027                 667 667 554 554   176     176 393 393 129   129            
Contribution from parent                                                           $ 106   106       (300) (300)              
Other comprehensive income (loss), net of tax (13) [1]           (4) (3) (6) (13)   1     1 10       6 (1) 5 10       (1)   (1)                              
Stock issuances, shares     27,000,000                                                                                  
Stock issuances 2,003     2,003           2,003                                                                    
Distributions/Dividends to parent (2,578)       (2,578)         (2,578)   (750) (750)     (250)   (250)         (250)     (175) (75) (75)             (175)                  
Contribution from parent                                                                       $ 300                
Distributions to noncontrolling interest in subsidiaries (1)                   (1)         (1)               (1)                                        
Other $ 42 [4]       12 [4]     (12) [4]     42 [4]         $ 0 [5] 0 [5] 4 [5]     (5) [5]   (1) [5] 1 [5]     (1) [6] 4 [6] (5) [6]                              
Balance (in shares) at Dec. 31, 2018 727,000,000   727,000,000                         100                           90,000,000           100                
Ending Balance (parent) at Dec. 31, 2018 $ 43,834   $ 1 40,795 3,113   (14) (3) (75) 43,817 17         $ 14,257 9,143 5,131   (12) (1) (7) 14,254 3                                        
Ending member's equity at Dec. 31, 2018                       11,683 11,689   (6)                   8,441 8,441 6,095 6,097 (2)         4,339 4,339                  
Ending Balance (Attributable to Parent) at Dec. 31, 2018 43,817                             14,254                           $ 3,445 762 2,776 (93)     $ 2,091 1,160 931            
Net income 3,571                             1,327   1,327         1,327 0                                        
Net income 3,530       3,707         3,707 (177)                                                                  
Net Income Attributable to Parent 3,748                     1,403 1,403     1,327                 805 805 692 692   $ 238     238 436 436 202   202            
Contribution from parent                                                                       (150) (150)              
Other comprehensive income (loss), net of tax (24) [1]           (41) 8 9 (24)           8       5 1 2 8       1   1                              
Stock issuances, shares     6,000,000                                                                                  
Stock issuances 552     552           552                                                         $ 973 $ 973 $ 973 $ 989 $ 989 $ 989
Distributions/Dividends to parent (2,735)       (2,735)         (2,735)   (275) (275)                                           (200)                  
Contribution from parent                                                                       $ 150                
Sale of noncontrolling interest [9] 407     (466)     10     (456) 863                                                                  
Contribution from noncontrolling interest 428                   428                                                                  
Distributions to noncontrolling interest in subsidiaries (4)                   (4)                                                                  
Other $ 1 [10]       23 [10]   (6) [10] (2) [10] (16) [10] (1) [10] 2 [10] 0 1   (1) $ 1 [11]   7 [11]   (3) [11] (1) [11] (2) [11] 1 [11]                                          
Balance (in shares) at Dec. 31, 2019 733,000,000   733,000,000                         100                           90,000,000           100                
Ending Balance (parent) at Dec. 31, 2019 $ 47,951 $ 1,962 $ 1 $ 40,881 $ 4,108   $ (51) $ 3 $ (82) $ 46,822 $ 1,129         $ 15,593 $ 9,143 $ 6,465   $ (10) $ (1) $ (7) $ 15,590 $ 3                                        
Ending member's equity at Dec. 31, 2019                       $ 12,811 $ 12,818   $ (7)                   $ 9,246 $ 9,246 $ 6,788 $ 6,789 $ (1)         $ 4,575 $ 4,575                  
Ending Balance (Attributable to Parent) at Dec. 31, 2019 $ 46,822                             $ 15,590                           $ 3,683 $ 762 $ 2,776 $ 145     $ 2,443 $ 1,310 $ 1,133            
[1] Tax impacts are insignificant for all periods presented.
[2] Includes a $547 million non-cash dividend related to a legal entity restructuring.
[3]
Retained Earnings relates to a cumulative-effect adjustment due to implementation of a new accounting standard related to stock-based compensation and the associated income taxes. See Note 1 to the Consolidated Financial Statements for additional information. Noncontrolling Interests relates to the purchase of remaining interest in REC Solar.
[4]
Amounts in Retained Earnings and AOCI represent a cumulative-effect adjustment due to implementation of a new accounting standard related to Financial Instruments Classification and Measurement. See Note 1 for more information. Amount in Noncontrolling Interests primarily relates to tax equity financing activity in the Commercial Renewables segment.
[5]
Amounts in Retained Earnings and AOCI represent a cumulative-effect adjustment due to implementation of a new accounting standard related to Financial Instruments Classification and Measurement. See Note 1 for more information.
[6] Amounts represent a cumulative-effect adjustment due to implementation of a new accounting standard related to Financial Instruments Classification and Measurement. See Note 1 for more information.
[7]
Duke Energy issued 40 million depositary shares of preferred stock, series A, in the first quarter of 2019.
[8]
Duke Energy issued 1 million shares of preferred stock, series B, in the third quarter of 2019.
[9]
See Note 3 for additional discussion of the transaction.
(f)
Amounts in Retained Earnings and AOCI primarily represent impacts to accumulated other comprehensive income due to implementation of a new accounting standard related to Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income.
[10]
Amounts in Retained Earnings and AOCI primarily represent impacts to accumulated other comprehensive income due to implementation of a new accounting standard related to Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income.
[11]
Amounts in Retained Earnings and AOCI primarily represent impacts to accumulated other comprehensive income due to implementation of a new accounting standard related to Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income.