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Condensed Consolidated Balance Sheets - Progress Energy - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 376 $ 253
Receivables (net of allowance for doubtful accounts) 2,161 1,112
Receivables of VIEs (net of allowance for doubtful accounts) 1,971 3,019
Inventory 4,338 4,292
Regulatory assets 2,300 3,648
Other (includes amounts related to VIEs) 447 431
Total current assets 12,142 12,769
Property, Plant and Equipment    
Cost 179,542 171,353
Accumulated depreciation and amortization (58,146) (56,038)
Net property, plant and equipment 121,396 115,315
Other Noncurrent Assets    
Goodwill 19,303 19,303
Regulatory assets 13,778 13,618
Nuclear decommissioning trust funds 11,511 10,143
Operating lease right-of-use assets, net 1,146 1,092
Other 3,732 3,964
Total other noncurrent assets 50,028 48,809
Total Assets 183,566 176,893
Current Liabilities    
Accounts payable 3,953 4,228
Taxes accrued 1,016 816
Interest accrued 809 745
Current maturities of long-term debt 3,597 2,800
Asset retirement obligations 639 596
Regulatory liabilities 1,267 1,369
Other 2,122 2,319
Total current liabilities 17,427 17,283
Long-Term Debt (includes amounts related to VIEs) 76,524 72,452
Other Noncurrent Liabilities    
Deferred income taxes 10,859 10,556
Asset retirement obligations 9,511 8,560
Regulatory liabilities 14,926 14,039
Operating lease liabilities 956 917
Accrued pension and other post-retirement benefit costs 432 485
Investment tax credits 866 864
Other 1,731 1,393
Total other noncurrent liabilities 39,366 36,971
Commitments and Contingencies
Equity    
Common stock 1 1
Additional paid-in capital 45,060 44,920
Retained earnings 3,052 2,235
Accumulated other comprehensive income (loss) 47 (6)
Total Duke Energy Corporation stockholders' equity 49,133 49,112
Total Liabilities and Equity 183,566 176,893
Variable Interest Entity    
Current Assets    
Inventory 477 462
Regulatory assets 119 110
Other (includes amounts related to VIEs) 76 90
Other Noncurrent Assets    
Regulatory assets 1,716 1,642
Current Liabilities    
Accounts payable 212 188
Current maturities of long-term debt 1,012 428
Long-Term Debt (includes amounts related to VIEs) 1,842 3,000
Other Noncurrent Liabilities    
Other 33 35
Progress Energy    
Current Assets    
Cash and cash equivalents 82 59
Receivables (net of allowance for doubtful accounts) 939 225
Receivables of VIEs (net of allowance for doubtful accounts) 822 1,365
Inventory 2,006 1,901
Regulatory assets 952 1,661
Other (includes amounts related to VIEs) 103 134
Total current assets 4,916 5,435
Property, Plant and Equipment    
Cost 71,653 67,644
Accumulated depreciation and amortization (23,450) (22,300)
Net property, plant and equipment 48,203 45,344
Other Noncurrent Assets    
Goodwill 3,655 3,655
Regulatory assets 6,560 6,430
Nuclear decommissioning trust funds 5,005 4,457
Operating lease right-of-use assets, net 643 617
Other 1,269 1,156
Total other noncurrent assets 17,132 16,315
Total Assets 70,251 67,094
Current Liabilities    
Accounts payable 1,386 1,374
Taxes accrued 435 259
Interest accrued 242 224
Current maturities of long-term debt 1,418 661
Asset retirement obligations 227 245
Regulatory liabilities 377 418
Other 801 860
Total current liabilities 6,242 5,548
Long-Term Debt (includes amounts related to VIEs) 22,646 22,948
Other Noncurrent Liabilities    
Deferred income taxes 5,221 5,197
Asset retirement obligations 4,496 3,900
Regulatory liabilities 5,478 5,083
Operating lease liabilities 570 544
Accrued pension and other post-retirement benefit costs 251 266
Investment tax credits 372 371
Other 455 227
Total other noncurrent liabilities 16,843 15,588
Commitments and Contingencies
Equity    
Common stock 0 0
Additional paid-in capital 11,830 11,830
Retained earnings 12,549 11,040
Accumulated other comprehensive income (loss) (9) (10)
Total Duke Energy Corporation stockholders' equity 24,370 22,860
Total Liabilities and Equity 70,251 67,094
Progress Energy | Variable Interest Entity    
Current Assets    
Inventory 477 462
Regulatory assets 107 98
Other (includes amounts related to VIEs) 46 68
Other Noncurrent Assets    
Regulatory assets 1,528 1,446
Current Liabilities    
Accounts payable 199 188
Current maturities of long-term debt 502 418
Long-Term Debt (includes amounts related to VIEs) 1,581 1,910
Other Noncurrent Liabilities    
Other 13 19
Progress Energy | Affiliated Entity    
Current Assets    
Receivables (net of allowance for doubtful accounts) 12 90
Current Liabilities    
Accounts payable 551 464
Notes payable to affiliated companies 805 1,043
Long-Term Debt (includes amounts related to VIEs) $ 150 $ 150