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Condensed Consolidated Balance Sheets - Piedmont - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current Assets    
Receivables of VIEs (net of allowance for doubtful accounts) $ 3,244 $ 3,106
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)
Facilities to be retired, net 0 9
Net property, plant and equipment 115,947 111,748
Other Noncurrent Assets    
Goodwill 19,303 19,303
Regulatory assets 13,745 14,645
Operating lease right-of-use assets, net 1,073 1,042
Investments in equity method unconsolidated affiliates 505 455
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
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
Other (includes $54 at 2023 related to VIEs) 1,325 1,502
Total other noncurrent liabilities 40,821 41,487
Commitments and Contingencies
Equity    
Common stock 1 1
Retained earnings 2,036 2,637
Total Duke Energy Corporation stockholders' equity 49,006 49,322
Noncontrolling interests 2,820 2,531
Total equity 51,826 51,853
Total Liabilities and Equity 181,160 178,086
Piedmont    
Current Assets    
Receivables of VIEs (net of allowance for doubtful accounts) 99 436
Inventory 88 172
Regulatory assets 120 119
Other (includes amounts related to VIEs) 63 4
Total current assets 382 742
Property, Plant and Equipment    
Cost 11,595 10,869
Accumulated depreciation and amortization (2,230) (2,081)
Facilities to be retired, net 0 9
Net property, plant and equipment 9,365 8,797
Other Noncurrent Assets    
Goodwill 49 49
Regulatory assets 415 392
Operating lease right-of-use assets, net 3 4
Investments in equity method unconsolidated affiliates 78 79
Other 288 272
Total other noncurrent assets 833 796
Total Assets 10,580 10,335
Current Liabilities    
Accounts payable 209 345
Taxes accrued 44 74
Interest accrued 49 40
Current maturities of long-term debt 85 45
Regulatory liabilities 98 74
Other 66 81
Total current liabilities 896 1,224
Long-Term Debt (includes amounts related to VIEs) 3,628 3,318
Other Noncurrent Liabilities    
Deferred income taxes 948 870
Asset retirement obligations 28 26
Regulatory liabilities 993 1,024
Operating lease liabilities 10 13
Accrued pension and other post-retirement benefit costs 7 7
Other (includes $54 at 2023 related to VIEs) 176 180
Total other noncurrent liabilities 2,162 2,120
Commitments and Contingencies
Equity    
Common stock 1,635 1,635
Retained earnings 2,258 2,037
Total Duke Energy Corporation stockholders' equity 3,893 3,672
Noncontrolling interests 1 1
Total equity 3,894 3,673
Total Liabilities and Equity 10,580 10,335
Piedmont | Affiliated Entity    
Current Assets    
Receivables of VIEs (net of allowance for doubtful accounts) 12 11
Current Liabilities    
Accounts payable 48 51
Notes payable to affiliated companies $ 297 $ 514