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Condensed Consolidated Balance Sheets - Progress Energy (Parenthetical) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Allowance for doubtful accounts - receivables $ 102 $ 55
Inventory 4,281 4,292
Regulatory assets 3,082 3,648
Current Assets: Other 359 431
Regulatory assets 13,636 13,618
Accounts payable 3,364 4,228
Current maturities of long-term debt 2,274 2,800
Long-Term Debt 74,979 72,452
Other $ 1,352 $ 1,393
Common stock, par value (in usd per share) $ 0.001 $ 0.001
Common stock, shares authorized (in shares) 2,000,000,000 2,000,000,000
Common stock, shares outstanding (in shares) 772,000,000 771,000,000
Variable Interest Entity    
Allowance for doubtful accounts - receivables of VIEs $ 102 $ 150
Inventory 470 462
Regulatory assets 110 110
Current Assets: Other 44 90
Regulatory assets 1,616 1,642
Accounts payable 188 188
Current maturities of long-term debt 929 428
Long-Term Debt 2,134 3,000
Other 42 35
Progress Energy    
Allowance for doubtful accounts - receivables 20 18
Inventory 1,987 1,901
Regulatory assets 1,359 1,661
Current Assets: Other 122 134
Regulatory assets 6,526 6,430
Accounts payable 1,174 1,374
Current maturities of long-term debt 659 661
Long-Term Debt 23,389 22,948
Other $ 238 $ 227
Common stock, par value (in usd per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 100 100
Common stock, shares outstanding (in shares) 100 100
Progress Energy | Variable Interest Entity    
Allowance for doubtful accounts - receivables of VIEs $ 53 $ 56
Inventory 470 462
Regulatory assets 98 98
Current Assets: Other 29 68
Regulatory assets 1,423 1,446
Accounts payable 179 188
Current maturities of long-term debt 418 418
Long-Term Debt 1,862 1,910
Other $ 22 $ 19