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Condensed Consolidated Statements of Cash Flows - Duke Energy Piedmont - 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)  
Provision for rate refunds (63) (130) (70)
(Increase) decrease in      
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)
Contributions to equity method investments (34) (58) (81)
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
Piedmont      
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) 379 323 310
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and accretion (including amortization of nuclear fuel) 239 225 216
Equity component of AFUDC (21) (11) (20)
Impairment of assets and other charges (4) 18 10
Deferred income taxes 38 5 4
Contributions to qualified pension plans (3) (2)  
Equity in earnings from unconsolidated affiliates (9) (8) (9)
Provision for rate refunds   (3) (4)
(Increase) decrease in      
Receivables 127 (111) (77)
Receivables from affiliated companies 1   (1)
Inventory 58 (63) (40)
Other current assets (46) 32 33
Increase (decrease) in      
Accounts payable (45) 40 (25)
Accounts payable to affiliated companies 3 11 (39)
Taxes accrued 15 11 37
Other current liabilities 27 36 (26)
Other assets (7) 5 26
Other liabilities 10 (1) (4)
Net cash provided by operating activities 762 507 391
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures (1,036) (862) (850)
Contributions to equity method investments   (8) (9)
Other (54) (26) (31)
Net cash used in investing activities (1,090) (896) (890)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from the issuance of long-term debt 348 394 347
Payments for the redemption of long-term debt (45)   (160)
Notes payable to affiliated companies 25 (4) (13)
Contribution from parent     325
Other   (1)  
Net cash provided by financing activities 328 389 499
Supplemental Disclosures:      
Cash paid for interest, net of amount capitalized 162 135 114
Cash paid for (received from) income taxes 28 23 (13)
Significant non-cash transactions:      
Accrued capital expenditures $ 223 $ 207 $ 97