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Condensed Consolidated Statements of Operations and Comprehensive Income - Piedmont - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Operating Revenues $ 7,172 $ 6,578 $ 14,843 $ 13,854
Operating Expenses        
Operation, maintenance and other 1,320 1,375 2,699 2,685
Depreciation and amortization 1,409 1,333 2,796 2,560
Property and other taxes 393 353 779 742
Impairment of assets and other charges 43 0 44 8
Total operating expenses 5,471 5,179 11,191 10,788
Operating Income 1,707 1,430 3,670 3,104
Other Income and Expenses, net 188 167 374 338
Interest Expense 824 727 1,641 1,447
Income From Continuing Operations Before Income Taxes 1,071 870 2,403 1,995
Income Tax Expense From Continuing Operations 140 119 318 274
Net Income (Loss) Attributable to Duke Energy Corporation 900 (220) 2,038 584
Comprehensive Income (Loss) Attributable to Duke Energy 893 (165) 2,146 613
Piedmont        
Operating Revenues 244 236 920 911
Operating Expenses        
Cost of natural gas 58 59 228 265
Operation, maintenance and other 85 82 180 171
Depreciation and amortization 64 59 126 116
Property and other taxes 16 14 31 30
Impairment of assets and other charges 0 (5) 0 (4)
Total operating expenses 223 209 565 578
Operating Income 21 27 355 333
Other Income and Expenses, net 17 16 34 32
Interest Expense 43 39 88 79
Income From Continuing Operations Before Income Taxes (5) 4 301 286
Income Tax Expense From Continuing Operations (1) 1 59 51
Net Income (Loss) Attributable to Duke Energy Corporation (4) 3 242 235
Comprehensive Income (Loss) Attributable to Duke Energy $ (4) $ 3 $ 242 $ 235