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Condensed Consolidated Balance Sheets - Progress Energy - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 459 $ 253
Receivables of VIEs (net of allowance for doubtful accounts) 2,253 3,019
Receivables (net of allowance for doubtful accounts) 1,646 1,112
Inventory 4,281 4,292
Regulatory assets 3,082 3,648
Other (includes amounts related to VIEs) 359 431
Total current assets 12,091 12,769
Property, Plant and Equipment    
Cost 173,926 171,353
Accumulated depreciation and amortization (57,035) (56,038)
Net property, plant and equipment 116,891 115,315
Other Noncurrent Assets    
Goodwill 19,303 19,303
Regulatory assets 13,636 13,618
Nuclear decommissioning trust funds 10,775 10,143
Operating lease right-of-use assets, net 1,092 1,092
Other 4,072 3,964
Total other noncurrent assets 49,688 48,809
Total Assets 178,670 176,893
Current Liabilities    
Accounts payable 3,364 4,228
Taxes accrued 708 816
Interest accrued 798 745
Current maturities of long-term debt 2,274 2,800
Asset retirement obligations 603 596
Regulatory liabilities 1,309 1,369
Other 2,084 2,319
Total current liabilities 15,546 17,283
Long-Term Debt (includes amounts related to VIEs) 74,979 72,452
Other Noncurrent Liabilities    
Deferred income taxes 10,721 10,556
Asset retirement obligations 8,487 8,560
Regulatory liabilities 14,571 14,039
Operating lease liabilities 915 917
Accrued pension and other post-retirement benefit costs 473 485
Investment tax credits 862 864
Other 1,352 1,393
Total other noncurrent liabilities 37,507 36,971
Commitments and Contingencies
Equity    
Common stock 1 1
Additional paid-in capital 44,937 44,920
Retained earnings 2,542 2,235
Accumulated other comprehensive income (loss) 109 (6)
Total Duke Energy Corporation stockholders' equity 49,551 49,112
Total Liabilities and Equity 178,670 176,893
Progress Energy    
Current Assets    
Cash and cash equivalents 49 59
Receivables of VIEs (net of allowance for doubtful accounts) 224 225
Receivables (net of allowance for doubtful accounts) 1,256 1,365
Inventory 1,987 1,901
Regulatory assets 1,359 1,661
Other (includes amounts related to VIEs) 122 134
Total current assets 5,000 5,435
Property, Plant and Equipment    
Cost 68,755 67,644
Accumulated depreciation and amortization (22,729) (22,300)
Net property, plant and equipment 46,026 45,344
Other Noncurrent Assets    
Goodwill 3,655 3,655
Regulatory assets 6,526 6,430
Nuclear decommissioning trust funds 4,697 4,457
Operating lease right-of-use assets, net 597 617
Other 1,221 1,156
Total other noncurrent assets 16,696 16,315
Total Assets 67,722 67,094
Current Liabilities    
Accounts payable 1,174 1,374
Taxes accrued 201 259
Interest accrued 246 224
Current maturities of long-term debt 659 661
Asset retirement obligations 229 245
Regulatory liabilities 394 418
Other 788 860
Total current liabilities 5,059 5,548
Long-Term Debt (includes amounts related to VIEs) 23,389 22,948
Other Noncurrent Liabilities    
Deferred income taxes 5,214 5,197
Asset retirement obligations 3,870 3,900
Regulatory liabilities 5,344 5,083
Operating lease liabilities 530 544
Accrued pension and other post-retirement benefit costs 263 266
Investment tax credits 370 371
Other 238 227
Total other noncurrent liabilities 15,829 15,588
Commitments and Contingencies
Equity    
Common stock 0 0
Additional paid-in capital 11,830 11,830
Retained earnings 11,475 11,040
Accumulated other comprehensive income (loss) (10) (10)
Total Duke Energy Corporation stockholders' equity 23,295 22,860
Total Liabilities and Equity 67,722 67,094
Progress Energy | Affiliated Entity    
Current Assets    
Receivables of VIEs (net of allowance for doubtful accounts) 3 90
Current Liabilities    
Accounts payable 548 464
Notes payable to affiliated companies 820 1,043
Long-Term Debt (includes amounts related to VIEs) $ 150 $ 150