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Condensed Consolidated Balance Sheets - Duke Energy Ohio - 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
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
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
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
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
Total Duke Energy Corporation stockholders' equity 49,551 49,112
Total Liabilities and Equity 178,670 176,893
Duke Energy Ohio    
Current Assets    
Cash and cash equivalents 5 24
Receivables of VIEs (net of allowance for doubtful accounts) 437 112
Inventory 185 179
Regulatory assets 75 73
Other (includes amounts related to VIEs) 17 134
Total current assets 722 761
Property, Plant and Equipment    
Cost 13,378 13,210
Accumulated depreciation and amortization (3,507) (3,451)
Net property, plant and equipment 9,871 9,759
Other Noncurrent Assets    
Goodwill 920 920
Regulatory assets 678 676
Operating lease right-of-use assets, net 16 16
Other 98 84
Total other noncurrent assets 1,712 1,696
Total Assets 12,305 12,216
Current Liabilities    
Accounts payable 288 338
Taxes accrued 249 316
Interest accrued 51 35
Asset retirement obligations 7 6
Regulatory liabilities 40 56
Other 64 65
Total current liabilities 1,074 1,500
Long-Term Debt (includes amounts related to VIEs) 3,914 3,493
Other Noncurrent Liabilities    
Deferred income taxes 1,282 1,272
Asset retirement obligations 134 130
Regulatory liabilities 481 497
Operating lease liabilities 16 16
Accrued pension and other post-retirement benefit costs 98 97
Other 87 86
Total other noncurrent liabilities 2,098 2,098
Commitments and Contingencies
Equity    
Common stock 762 762
Additional paid-in capital 3,100 3,100
Retained earnings 1,332 1,238
Total Duke Energy Corporation stockholders' equity 5,194 5,100
Total Liabilities and Equity 12,305 12,216
Duke Energy Ohio | Affiliated Entity    
Current Assets    
Receivables of VIEs (net of allowance for doubtful accounts) 3 239
Current Liabilities    
Accounts payable 69 71
Notes payable to affiliated companies 306 613
Long-Term Debt (includes amounts related to VIEs) $ 25 $ 25