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Condensed Consolidated Statements of Cash Flows - Duke Energy Carolinas - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) $ 2,841 $ 2,550 $ 3,908
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and accretion (including amortization of nuclear fuel) 6,084 5,843 5,663
Equity component of AFUDC (198) (197) (171)
Gains on sales of other assets (52) (22) (13)
Impairment of assets and other charges 85 434 353
Deferred income taxes 3 (200) 191
Contributions to qualified pension plans (100) (58)  
Payments for asset retirement obligations (632) (584) (540)
Provision for rate refunds (63) (130) (70)
(Increase) decrease in      
Net realized and unrealized mark-to-market and hedging transactions (18) 19 50
Receivables 443 (788) (297)
Inventory (706) (476) (34)
Other current assets (267) (1,498) (1,136)
Increase (decrease) in      
Accounts payable (800) 805 249
Taxes accrued 126 10 284
Other current liabilities (26) (153) (13)
Other assets 914 (1,577) 125
Other liabilities 584 410 95
Net cash provided by operating activities 9,878 5,927 8,290
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures (12,604) (11,367) (9,715)
Purchases of debt and equity securities (3,761) (4,243) (6,098)
Proceeds from sales and maturities of debt and equity securities 3,824 4,333 6,103
Other (799) (727) (333)
Net cash used in investing activities (12,475) (11,973) (10,935)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from the issuance of long-term debt 10,028 11,874 9,052
Payments for the redemption of long-term debt (4,737) (4,396) (5,294)
Other (124) (130) (94)
Net cash provided by financing activities 2,351 6,129 2,609
Net (decrease) increase in cash, cash equivalents and restricted cash (246) 83 (36)
Cash, cash equivalents and restricted cash at beginning of period 603 520 556
Cash, cash equivalents and restricted cash at end of period 357 603 520
Supplemental Disclosures:      
Cash paid for interest, net of amount capitalized 2,883 2,361 2,248
Cash paid for (received from) income taxes 1 (6) (3)
Significant non-cash transactions:      
Accrued capital expenditures 1,908 1,766 1,325
Duke Energy Carolinas      
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) 1,470 1,600 1,336
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and accretion (including amortization of nuclear fuel) 1,845 1,787 1,743
Equity component of AFUDC (91) (98) (65)
Gains on sales of other assets (26) (4) (2)
Impairment of assets and other charges 44 26 227
Deferred income taxes (53) 210 (213)
Contributions to qualified pension plans (26) (15)  
Payments for asset retirement obligations (210) (200) (182)
Provision for rate refunds (39) (74) (46)
(Increase) decrease in      
Receivables 22 (102) (99)
Receivables from affiliated companies 187 (200) (66)
Inventory (320) (138) (16)
Other current assets (495) (592) (309)
Increase (decrease) in      
Accounts payable (447) 377 5
Accounts payable to affiliated companies (14) (75) 85
Taxes accrued 64 (46) 206
Other current liabilities 63 (91) (39)
Other assets 703 (760) 23
Other liabilities 108 (36) 116
Net cash provided by operating activities 2,785 1,569 2,704
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures (3,733) (3,304) (2,693)
Purchases of debt and equity securities (2,025) (2,633) (3,425)
Proceeds from sales and maturities of debt and equity securities 2,025 2,633 3,425
Proceeds from the sales of other assets 30 62  
Other (288) (243) (177)
Net cash used in investing activities (3,991) (3,485) (2,870)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from the issuance of long-term debt 2,780 1,441 1,651
Payments for the redemption of long-term debt (1,042) (436) (617)
Notes payable to affiliated companies (565) 1,007 (280)
Distributions to parent   (50) (600)
Other (1) (1) (1)
Net cash provided by financing activities 1,172 1,961 153
Net (decrease) increase in cash, cash equivalents and restricted cash (34) 45 (13)
Cash, cash equivalents and restricted cash at beginning of period 53 8 21
Cash, cash equivalents and restricted cash at end of period 19 53 8
Supplemental Disclosures:      
Cash paid for interest, net of amount capitalized 528 546 508
Cash paid for (received from) income taxes 151 (60) 233
Significant non-cash transactions:      
Accrued capital expenditures $ 613 $ 475 $ 359