Organization and Basis of Presentation (Tables)

9 Months Ended

Sep. 30, 2024

The following table presents the components of cash, cash equivalents and restricted cash included in the Condensed Consolidated Balance Sheets.


	September 30, 2024										December 31, 2023
			Duke				Duke		Duke				Duke				Duke		Duke
	Duke		Energy		Progress		Energy		Energy		Duke		Energy		Progress		Energy		Energy
	Energy		Carolinas		Energy		Progress		Florida		Energy		Carolinas		Energy		Progress		Florida
Current Assets
Cash and cash equivalents	$	376	$	13	$	82	$	46	$	16	$	253	$	9	$	59	$	18	$	24
Other	51		6		45		27		18		76		9		67		31		36
Other Noncurrent Assets
Other	18		1		11		5		7		16		1		9		2		7
Total cash, cash equivalents and restricted cash	$	445	$	20	$	138	$	78	$	41	$	345	$	19	$	135	$	51	$	67

The components of inventory are presented in the tables below.


	September 30, 2024
			Duke				Duke		Duke		Duke		Duke
	Duke		Energy		Progress		Energy		Energy		Energy		Energy
(in millions)	Energy		Carolinas		Energy		Progress		Florida		Ohio		Indiana		Piedmont
Materials and supplies	$	3,229	$	1,076	$	1,580	$	1,052	$	528	$	141	$	381	$	12
Coal	810		360		232		161		71		21		197		—
Natural gas, oil and other fuel	299		46		194		107		87		11		2		46
Total inventory	$	4,338	$	1,482	$	2,006	$	1,320	$	686	$	173	$	580	$	58


	December 31, 2023
			Duke				Duke		Duke		Duke		Duke
	Duke		Energy		Progress		Energy		Energy		Energy		Energy
(in millions)	Energy		Carolinas		Energy		Progress		Florida		Ohio		Indiana		Piedmont
Materials and supplies	$	3,086	$	1,075	$	1,465	$	963	$	502	$	139	$	361	$	12
Coal	842		364		231		154		77		28		219		—
Natural gas, oil and other fuel	364		45		205		110		95		12		2		100
Total inventory	$	4,292	$	1,484	$	1,901	$	1,227	$	674	$	179	$	582	$	112

The following table represents the changes in confirmed obligations outstanding for the nine months ended September 30, 2024, and 2023.


	Three Months Ended September 30, 2023 and 2024
			Duke				Duke		Duke		Duke		Duke
	Duke		Energy		Progress		Energy		Energy		Energy		Energy
(in millions)	Energy		Carolinas		Energy		Progress		Florida		Ohio		Indiana		Piedmont
Confirmed obligations outstanding at June 30, 2023	$	40	$	5	$	14	$	12	$	2	$	2	$	—	$	19
Invoices confirmed during the period	47		2		11		2		9		4		—		30
Confirmed invoices paid during the period	(18)		(4)		(8)		(3)		(5)		—		—		(6)
Confirmed obligations outstanding at September 30, 2023	$	69	$	3	$	17	$	11	$	6	$	6	$	—	$	43

Confirmed obligations outstanding at June 30, 2024	$	28	$	—	$	—	$	—	$	—	$	—	$	—	$	28
Invoices confirmed during the period	26		—		1		—		1		—		—		25
Confirmed invoices paid during the period	(28)		—		—		—		—		—		—		(28)
Confirmed obligations outstanding at September 30, 2024	$	26	$	—	$	1	$	—	$	1	$	—	$	—	$	25

	Nine Months Ended September 30, 2023 and 2024
			Duke				Duke		Duke		Duke		Duke
	Duke		Energy		Progress		Energy		Energy		Energy		Energy
(in millions)	Energy		Carolinas		Energy		Progress		Florida		Ohio		Indiana		Piedmont
Confirmed obligations outstanding at December 31, 2022	$	87	$	6	$	19	$	8	$	11	$	5	$	—	$	57
Invoices confirmed during the period	161		22		53		25		28		7		—		79
Confirmed invoices paid during the period	(179)		(25)		(55)		(22)		(33)		(6)		—		(93)
Confirmed obligations outstanding at September 30, 2023	$	69	$	3	$	17	$	11	$	6	$	6	$	—	$	43

Confirmed obligations outstanding at December 31, 2023	$	50	$	—	$	3	$	—	$	3	$	—	$	—	$	47
Invoices confirmed during the period	146		—		2		—		2		—		—		144
Confirmed invoices paid during the period	(170)		—		(4)		—		(4)		—		—		(166)
Confirmed obligations outstanding at September 30, 2024	$	26	$	—	$	1	$	—	$	1	$	—	$	—	$	25