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Stockholders' Equity (Tables)
 9 Months Ended
Sep. 30, 2024
Equity [Abstract]  
Schedule of Earnings Per Share
The following table presents Duke Energy’s basic and diluted EPS calculations, the weighted average number of common shares outstanding and common and preferred share dividends declared.
Three Months Ended September 30,Nine Months Ended September 30,
(in millions, except per share amounts)2024202320242023
Net Income available to Duke Energy common stockholders
$1,226 $1,213 $3,211 $1,744 
Less: Income (Loss) from discontinued operations attributable to Duke Energy common stockholders
22 (190)9 (1,283)
Accumulated preferred stock dividends adjustment14 12 14 12 
Less: Impact of participating securities2 2 4 4 
Income from continuing operations available to Duke Energy common stockholders$1,216 $1,413 $3,212 $3,035 
Income (Loss) from discontinued operations, net of tax
$25 $(152)$12 $(1,316)
Add: (Income) Loss attributable to NCI
(3)(38)(3)33 
Income (Loss) from discontinued operations attributable to Duke Energy common stockholders
$22 $(190)$9 $(1,283)
Weighted average common shares outstanding – basic
772 771 772 771 
Equity forwards1 — — — 
Weighted average common shares outstanding – diluted773 771 772 771 
EPS from continuing operations available to Duke Energy common stockholders
Basic and diluted(a)
$1.57 $1.83 $4.16 $3.94 
Income (Loss) Per Share from discontinued operations attributable to Duke Energy common stockholders
   Basic and diluted(a)
$0.03 $(0.24)$0.01 $(1.67)
Potentially dilutive items excluded from the calculation(b)
2 2 2 2 
Dividends declared per common share$1.045 $1.025 $3.095 $3.035 
Dividends declared on Series A preferred stock per depositary share(c)
$0.359 $0.359 $1.078 $1.078 
Dividends declared on Series B preferred stock per share(d)
$24.375 $24.375 $48.750 $48.750 
(a)For the periods presented subsequent to issuance in April 2023, the convertible notes were excluded from the calculations of diluted EPS because the effect was antidilutive.
(b)Performance stock awards were not included in the dilutive securities calculation because the performance measures related to the awards had not been met.
(c)5.75% Series A Cumulative Redeemable Perpetual Preferred Stock dividends are payable quarterly in arrears on the 16th day of March, June, September and December. The preferred stock has a $25 liquidation preference per depositary share.
(d)4.875% Series B Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock dividends were payable semiannually in arrears on the 16th day of March and September. The preferred stock was redeemed on September 16, 2024.
Equity Issuances Pursuant to Forward Contracts
The following table shows ATM equity issuances pursuant to forward contracts executed during the nine months ended September 30, 2024.
Tranche
Shares Priced
Initial Forward Price
1
802,371$92.77 
2
729,674$101.10 
3
737,280$100.99 
4
662,266$111.45 
Total
2,931,591