XML 81 R42.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Statements of Cash Flows - Duke Energy Piedmont - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income Attributable to Duke Energy Corporation $ 1,764 $ 1,757
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 2,923 2,753
Equity component of AFUDC (99) (83)
Impairment of assets and other charges 206 131
Deferred income taxes 67 119
Equity in earnings (losses) of unconsolidated affiliates (61) 8
Provision for rate refunds (65) (13)
(Increase) decrease in    
Receivables (180) 85
Inventory (12) 153
Other current assets (1,144) (297)
Increase (decrease) in    
Accounts payable 408 (297)
Taxes accrued (49) 219
Other current liabilities 99 (326)
Other assets 55 77
Other liabilities 91 (47)
Net cash provided by operating activities 4,035 3,873
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (5,117) (4,636)
Payments to Acquire Interest in Subsidiaries and Affiliates (32) (21)
Other (384) (137)
Net cash used in investing activities (5,492) (5,614)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt 5,714 4,627
Payments for the redemption of long-term debt (3,147) (2,002)
Other (101) (72)
Net cash provided by financing activities 1,576 1,750
Net increase in cash, cash equivalents and restricted cash 119 9
Cash, cash equivalents and restricted cash at beginning of period 520 556
Cash, cash equivalents and restricted cash at end of period 639 565
Significant non-cash transactions:    
Accrued capital expenditures 1,264 990
Piedmont    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income Attributable to Duke Energy Corporation 213 199
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 111 101
Equity component of AFUDC (4) (14)
Losses on sale of other assets (4)  
Impairment of assets and other charges   5
Deferred income taxes (4) 3
Equity in earnings (losses) of unconsolidated affiliates (4) (4)
Provision for rate refunds (3) (3)
(Increase) decrease in    
Receivables 168 137
Inventory 40 26
Other current assets (63) 30
Increase (decrease) in    
Accounts payable 31 (70)
Accounts payable to affiliated companies 4 (35)
Taxes accrued (32) 3
Other current liabilities 44 (30)
Other assets (2) 6
Other liabilities (1) (2)
Net cash provided by operating activities 494 352
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (385) (411)
Payments to Acquire Interest in Subsidiaries and Affiliates (8)  
Return of investment capital   1
Other (9) (17)
Net cash used in investing activities (402) (427)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt 394 347
Payments for the redemption of long-term debt   (160)
Notes receivable from affiliated companies (485) (437)
Capital contributions from parent   325
Other (1)  
Net cash provided by financing activities (92) 75
Significant non-cash transactions:    
Accrued capital expenditures $ 124 $ 111