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Condensed Consolidated Balance Sheets - Duke Energy Florida - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 324 $ 409
Receivables of VIEs (net of allowance for doubtful accounts) 3,244 3,106
Receivables (net of allowance for doubtful accounts) 831 1,309
Inventory 4,118 3,584
Regulatory assets 3,489 3,485
Other (includes amounts related to VIEs) 602 973
Total current assets 13,048 13,222
Property, Plant and Equipment    
Cost 170,941 163,839
Accumulated depreciation and amortization (54,994) (52,100)
Net property, plant and equipment 115,947 111,748
Other Noncurrent Assets    
Regulatory assets 13,745 14,645
Nuclear decommissioning trust funds 9,245 8,637
Operating lease right-of-use assets, net 1,073 1,042
Other 3,698 3,400
Total other noncurrent assets 52,165 53,116
Total Assets 181,160 178,086
Current Liabilities    
Accounts payable 3,539 4,754
Taxes accrued 991 722
Interest accrued 750 626
Current maturities of long-term debt 4,034 3,878
Asset retirement obligations 620 773
Regulatory liabilities 1,396 1,466
Other 2,087 2,167
Total current liabilities 17,160 18,873
Long-Term Debt (includes amounts related to VIEs) 71,353 65,873
Other Noncurrent Liabilities    
Deferred income taxes 10,438 9,964
Asset retirement obligations 11,613 11,955
Regulatory liabilities 13,396 13,582
Operating lease liabilities 897 876
Accrued pension and other post-retirement benefit costs 662 832
Investment tax credits 856 849
Other (includes $54 at 2023 related to VIEs) 1,325 1,502
Total other noncurrent liabilities 40,821 41,487
Commitments and Contingencies
Equity    
Accumulated other comprehensive loss 121 (140)
Total Liabilities and Equity 181,160 178,086
Variable Interest Entity    
Current Assets    
Regulatory assets 109 106
Other (includes amounts related to VIEs) 56 116
Other Noncurrent Assets    
Regulatory assets 1,668 1,715
Other 43 52
Current Liabilities    
Current maturities of long-term debt 428 350
Long-Term Debt (includes amounts related to VIEs) 3,025 3,108
Other Noncurrent Liabilities    
Other (includes $54 at 2023 related to VIEs) 54  
Duke Energy Florida    
Current Assets    
Cash and cash equivalents 41 45
Receivables of VIEs (net of allowance for doubtful accounts) 80 148
Receivables (net of allowance for doubtful accounts) 766 496
Inventory 662 573
Regulatory assets 749 1,143
Other (includes amounts related to VIEs) 129 108
Total current assets 2,430 2,515
Property, Plant and Equipment    
Cost 27,581 25,940
Accumulated depreciation and amortization (6,896) (6,377)
Net property, plant and equipment 20,685 19,563
Other Noncurrent Assets    
Regulatory assets 2,042 2,422
Nuclear decommissioning trust funds 393 424
Operating lease right-of-use assets, net 302 258
Other 463 372
Total other noncurrent assets 3,200 3,476
Total Assets 26,315 25,554
Current Liabilities    
Accounts payable 698 880
Taxes accrued 342 53
Interest accrued 104 80
Current maturities of long-term debt 1,194 328
Asset retirement obligations 1 1
Regulatory liabilities 224 244
Other 349 363
Total current liabilities 3,358 2,731
Long-Term Debt (includes amounts related to VIEs) 8,726 9,381
Other Noncurrent Liabilities    
Deferred income taxes 2,771 2,789
Asset retirement obligations 307 357
Regulatory liabilities 664 633
Operating lease liabilities 250 211
Accrued pension and other post-retirement benefit costs 100 111
Investment tax credits 233 234
Other (includes $54 at 2023 related to VIEs) 70 84
Total other noncurrent liabilities 4,395 4,419
Commitments and Contingencies
Equity    
Member's equity 9,842 9,031
Accumulated other comprehensive loss (6) (8)
Total member's equity 9,836 9,023
Total Liabilities and Equity 26,315 25,554
Duke Energy Florida | Variable Interest Entity    
Current Assets    
Regulatory assets 58 55
Other (includes amounts related to VIEs) 24 46
Other Noncurrent Assets    
Regulatory assets 816 826
Current Liabilities    
Current maturities of long-term debt 383 306
Long-Term Debt (includes amounts related to VIEs) 832 890
Other Noncurrent Liabilities    
Other (includes $54 at 2023 related to VIEs) 11  
Duke Energy Florida | Affiliated Entity    
Current Assets    
Receivables of VIEs (net of allowance for doubtful accounts) 3 2
Current Liabilities    
Accounts payable 154 177
Notes payable to affiliated companies 292 605
Duke Energy Progress    
Current Assets    
Cash and cash equivalents 27 49
Receivables of VIEs (net of allowance for doubtful accounts) 129 167
Receivables (net of allowance for doubtful accounts) 831 793
Inventory 1,141 1,006
Regulatory assets 946 690
Other (includes amounts related to VIEs) 49 174
Total current assets 3,155 2,904
Property, Plant and Equipment    
Cost 40,283 38,875
Accumulated depreciation and amortization (14,869) (14,201)
Net property, plant and equipment 25,414 24,674
Other Noncurrent Assets    
Regulatory assets 4,406 4,724
Nuclear decommissioning trust funds 3,697 3,430
Operating lease right-of-use assets, net 329 370
Other 693 650
Total other noncurrent assets 9,125 9,174
Total Assets 37,694 36,752
Current Liabilities    
Accounts payable 502 601
Taxes accrued 255 77
Interest accrued 86 101
Current maturities of long-term debt 71 369
Asset retirement obligations 260 288
Regulatory liabilities 290 332
Other 452 384
Total current liabilities 2,859 2,898
Long-Term Debt (includes amounts related to VIEs) 11,497 10,568
Other Noncurrent Liabilities    
Deferred income taxes 2,558 2,477
Asset retirement obligations 5,362 5,535
Regulatory liabilities 4,120 4,120
Operating lease liabilities 298 335
Accrued pension and other post-retirement benefit costs 150 160
Investment tax credits 130 124
Other (includes $54 at 2023 related to VIEs) 84 76
Total other noncurrent liabilities 12,702 12,827
Commitments and Contingencies
Equity    
Total member's equity 10,486 10,309
Total Liabilities and Equity 37,694 36,752
Duke Energy Progress | Variable Interest Entity    
Current Assets    
Regulatory assets 39 39
Other (includes amounts related to VIEs) 18 42
Other Noncurrent Assets    
Regulatory assets 653 681
Current Liabilities    
Current maturities of long-term debt 34 34
Long-Term Debt (includes amounts related to VIEs) 1,079 1,114
Other Noncurrent Liabilities    
Other (includes $54 at 2023 related to VIEs) 19  
Duke Energy Progress | Affiliated Entity    
Current Assets    
Receivables of VIEs (net of allowance for doubtful accounts) 32 25
Current Liabilities    
Accounts payable 252 508
Notes payable to affiliated companies 691 238
Long-Term Debt (includes amounts related to VIEs) $ 150 $ 150