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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Operating Revenues        
Regulated electric $ 7,775 $ 7,640 $ 21,253 $ 20,140
Regulated natural gas 298 284 1,511 1,497
Nonregulated electric and other 81 70 233 211
Total operating revenues 8,154 7,994 22,997 21,848
Operating Expenses        
Operation, maintenance and other 1,409 1,428 4,108 4,113
Depreciation and amortization 1,516 1,353 4,312 3,913
Property and other taxes 383 394 1,162 1,136
Impairment of assets and other charges (5) 88 39 96
Total operating expenses 6,017 5,891 17,208 16,679
Gain (Loss) on Sales of Other Assets and Other, net 7 8 25 46
Operating Income 2,144 2,111 5,814 5,215
Other Income and Expenses        
Equity in earnings of unconsolidated affiliates 15 45 53 85
Other income and expenses, net 166 133 502 431
Total other income and expenses 181 178 555 516
Interest Expense 872 774 2,513 2,221
Income From Continuing Operations Before Income Taxes 1,453 1,515 3,856 3,510
Income Tax Expense From Continuing Operations 163 42 481 316
Income From Continuing Operations 1,290 1,473 3,375 3,194
Income (Loss) From Discontinued Operations, net of tax 25 (152) 12 (1,316)
Net Income 1,315 1,321 3,387 1,878
Less: Net Income Attributable to Noncontrolling Interests 34 69 68 42
Net Income Attributable to Duke Energy Corporation 1,281 1,252 3,319 1,836
Less: Preferred Dividends 39 39 92 92
Less: Preferred Redemption Costs 16 0 16 0
Net Income Available to Duke Energy Corporation Common Stockholders $ 1,226 $ 1,213 $ 3,211 $ 1,744
Income from continuing operations available to Duke Energy Corporation common stockholders        
Basic (in usd per share) $ 1.57 $ 1.83 $ 4.16 $ 3.94
Diluted (in usd per share) 1.57 1.83 4.16 3.94
Income (loss) from discontinued operations attributable to Duke Energy Corporation common stockholders        
Basic (in usd per share) 0.03 (0.24) 0.01 (1.67)
Diluted (in usd per share) 0.03 (0.24) 0.01 (1.67)
Net income available to Duke Energy Corporation common stockholders        
Basic (in usd per share) 1.60 1.59 4.17 2.27
Diluted (in usd per share) $ 1.60 $ 1.59 $ 4.17 $ 2.27
Weighted Average Shares Outstanding        
Basic (in shares) 772 771 772 771
Diluted (in shares) 773 771 772 771
Fuel used in electric generation and purchased power        
Operating Expenses        
Cost of sales $ 2,644 $ 2,571 $ 7,207 $ 6,987
Cost of natural gas        
Operating Expenses        
Cost of sales $ 70 $ 57 $ 380 $ 434