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Condensed Consolidated Statements of Cash Flows - Progress Energy - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 2,072 $ 557
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 3,100 2,916
Equity component of AFUDC (116) (97)
Impairment of assets and other charges 44 8
Deferred income taxes 264 (52)
Payments for asset retirement obligations (262) (261)
Provision for rate refunds (7) (57)
(Increase) decrease in    
Receivables (19) 586
Inventory (86) (517)
Other current assets 502 (41)
Increase (decrease) in    
Accounts payable (215) (1,245)
Taxes accrued (68) (8)
Other current liabilities (252) (154)
Other assets 331 608
Other liabilities 227 82
Net cash provided by operating activities 5,427 3,785
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (6,204) (6,265)
Purchases of debt and equity securities (2,275) (1,594)
Proceeds from sales and maturities of debt and equity securities 2,319 1,628
Other (408) (366)
Net cash used in investing activities (6,575) (6,508)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt 6,372 7,094
Payments for the redemption of long-term debt (2,731) (2,372)
Other (108) (95)
Net cash provided by financing activities 1,274 2,687
Net increase (decrease) in cash, cash equivalents and restricted cash 126 (36)
Cash, cash equivalents and restricted cash at beginning of period 357 603
Cash, cash equivalents and restricted cash at end of period 483 567
Significant non-cash transactions:    
Accrued capital expenditures 1,721 1,398
Progress Energy    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 956 744
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (including amortization of nuclear fuel) 1,330 1,265
Equity component of AFUDC (36) (33)
Impairment of assets and other charges 9 5
Deferred income taxes (61) 27
Payments for asset retirement obligations (144) (131)
Provision for rate refunds (1) (24)
(Increase) decrease in    
Receivables (223) 6
Receivables from affiliated companies 85 (1)
Inventory (106) (238)
Other current assets 494 332
Increase (decrease) in    
Accounts payable (34) (293)
Accounts payable to affiliated companies 24 (274)
Taxes accrued 169 153
Other current liabilities 28 (62)
Other assets (149) 85
Other liabilities 80 14
Net cash provided by operating activities 2,421 1,575
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (2,623) (2,425)
Purchases of debt and equity securities (989) (574)
Proceeds from sales and maturities of debt and equity securities 1,039 608
Notes receivable from affiliated companies 0 (25)
Other (192) (163)
Net cash used in investing activities (2,765) (2,579)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from the issuance of long-term debt 844 1,073
Payments for the redemption of long-term debt (407) (79)
Notes payable to affiliated companies (67) (27)
Other (1) (1)
Net cash provided by financing activities 369 966
Net increase (decrease) in cash, cash equivalents and restricted cash 25 (38)
Cash, cash equivalents and restricted cash at beginning of period 135 184
Cash, cash equivalents and restricted cash at end of period 160 146
Significant non-cash transactions:    
Accrued capital expenditures $ 729 $ 544