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Condensed Consolidated Balance Sheets - Duke Energy Progress - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 428 $ 343
Receivables of VIEs (net of allowance for doubtful accounts) 3,021 2,437
Receivables (net of allowance for doubtful accounts) 907 1,173
Inventory 3,208 3,199
Regulatory assets (includes amounts related to VIEs) 2,834 2,150
Other (includes amounts related to VIEs) 1,163 638
Total current assets 11,561 9,940
Property, Plant and Equipment    
Cost 166,004 161,819
Accumulated depreciation and amortization (52,252) (50,555)
Facilities to be retired, net 99 144
Net property, plant and equipment 113,851 111,408
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 12,863 12,487
Nuclear decommissioning trust funds 8,574 10,401
Operating lease right-of-use assets, net 1,222 1,266
Other (includes amounts related to VIEs) 4,026 3,812
Total other noncurrent assets 46,971 48,239
Total Assets 172,383 169,587
Current Liabilities    
Accounts payable 3,971 3,629
Taxes accrued 682 749
Interest accrued 554 533
Current maturities of long-term debt (includes amounts related to VIEs) 3,171 3,387
Asset retirement obligations 649 647
Regulatory liabilities 1,383 1,211
Other 2,259 2,471
Total current liabilities 16,544 15,931
Long-Term Debt (includes amounts related to VIEs) 63,147 60,448
Other Noncurrent Liabilities    
Deferred income taxes 9,948 9,379
Asset retirement obligations 12,080 12,129
Regulatory liabilities 14,519 16,152
Operating lease liabilities 1,039 1,074
Accrued pension and other post-retirement benefit costs 799 855
Investment tax credits 855 833
Other (includes amounts related to VIEs) 1,868 1,650
Total other noncurrent liabilities 41,108 42,072
Commitments and Contingencies
Equity    
Total Liabilities and Equity 172,383 169,587
Duke Energy Progress    
Current Assets    
Cash and cash equivalents 75 35
Receivables of VIEs (net of allowance for doubtful accounts) 63 127
Receivables (net of allowance for doubtful accounts) 705 574
Receivables from affiliated companies 20 65
Notes receivable from affiliated companies 154  
Inventory 948 921
Regulatory assets (includes amounts related to VIEs) 621 533
Other (includes amounts related to VIEs) 123 83
Total current assets 2,709 2,338
Property, Plant and Equipment    
Cost 37,885 37,018
Accumulated depreciation and amortization (13,977) (13,387)
Facilities to be retired, net   26
Net property, plant and equipment 23,908 23,657
Other Noncurrent Assets    
Regulatory assets (includes amounts related to VIEs) 4,161 4,118
Nuclear decommissioning trust funds 3,374 4,089
Operating lease right-of-use assets, net 397 389
Other (includes amounts related to VIEs) 787 792
Total other noncurrent assets 8,719 9,388
Total Assets 35,336 35,383
Current Liabilities    
Accounts payable 469 476
Accounts payable to affiliated companies 342 310
Notes payable to affiliated companies   172
Taxes accrued 114 163
Interest accrued 101 96
Current maturities of long-term debt (includes amounts related to VIEs) 66 556
Asset retirement obligations 261 274
Regulatory liabilities 342 381
Other 425 448
Total current liabilities 2,120 2,876
Long-Term Debt (includes amounts related to VIEs) 10,446 9,543
Long-Term Debt Payable to Affiliated Companies 150 150
Other Noncurrent Liabilities    
Deferred income taxes 2,323 2,208
Asset retirement obligations 5,414 5,401
Regulatory liabilities 4,342 4,868
Operating lease liabilities 365 350
Accrued pension and other post-retirement benefit costs 215 221
Investment tax credits 126 128
Other (includes amounts related to VIEs) 100 87
Total other noncurrent liabilities 12,885 13,263
Commitments and Contingencies
Equity    
Total equity 9,735 9,551
Total Liabilities and Equity $ 35,336 $ 35,383