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Condensed Consolidated Statements of Changes in Equity - USD ($)
shares in Millions, $ in Millions
Total
Total Equity
Preferred Stock
Common Stock
Additional Paid-in Capital
Retained Earnings
Net Gains (Losses) on Hedges
[1]
Net Unrealized Gains (Losses) on Available-for-Sale Securities
Pension and OPEB Adjustments
Noncontrolling Interests
Common Stock
Common Stock
Total Equity
Common Stock
Additional Paid-in Capital
Beginning Balance (Attributable to Parent) at Dec. 31, 2022   $ 49,322 $ 1,962 $ 1 $ 44,862 $ 2,637 $ (29) $ (23) $ (88)        
Beginning Balance (in shares) at Dec. 31, 2022       770                  
Beginning Balance (Attributable to Noncontrolling Interest) at Dec. 31, 2022                   $ 2,531      
Beginning Balance (Parent) at Dec. 31, 2022 $ 51,853                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income (loss) [2] 1,786 1,744       1,744       42      
Other comprehensive income (loss) 261 [3] 261         264 (2)          
Common stock issuances, including dividend reinvestment and employee benefits (in shares)       1                  
Common stock issuances, including dividend reinvestment and employee benefits                     $ 43 $ 43 $ 43
Common stock dividends (2,346) (2,346)       (2,346)              
Sale of noncontrolling interest (3) (13)     (13)         10      
Contributions from noncontrolling interests, net of transaction costs [4] 278                 278      
Distributions to noncontrolling interest in subsidiaries (45)                 (45)      
Other (1) (5)     (6) 1       4      
Ending Balance (Attributable to Parent) at Sep. 30, 2023   49,006 1,962 $ 1 44,886 2,036 235 (25) (89)        
Beginning Balance (in shares) at Sep. 30, 2023       771                  
Ending Balance (Attributable to Noncontrolling Interest) at Sep. 30, 2023                   2,820      
Ending Balance (Parent) at Sep. 30, 2023 51,826                        
Beginning Balance (Attributable to Parent) at Jun. 30, 2023   48,333 1,962 $ 1 44,866 1,615 (4) (19) (88)        
Beginning Balance (in shares) at Jun. 30, 2023       771                  
Beginning Balance (Attributable to Noncontrolling Interest) at Jun. 30, 2023                   2,738      
Beginning Balance (Parent) at Jun. 30, 2023 51,071                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income (loss) [2] 1,282 1,213       1,213       69      
Other comprehensive income (loss) 232 [3] 232         239 (6) (1)        
Common stock issuances, including dividend reinvestment and employee benefits                     22 22 22
Common stock dividends (793) (793)       (793)              
Contributions from noncontrolling interests, net of transaction costs 30                 30      
Distributions to noncontrolling interest in subsidiaries (20)                 (20)      
Other 2 (1)     (2)         3      
Ending Balance (Attributable to Parent) at Sep. 30, 2023   49,006 1,962 $ 1 44,886 2,036 235 (25) (89)        
Beginning Balance (in shares) at Sep. 30, 2023       771                  
Ending Balance (Attributable to Noncontrolling Interest) at Sep. 30, 2023                   2,820      
Ending Balance (Parent) at Sep. 30, 2023 51,826                        
Beginning Balance (Attributable to Parent) at Dec. 31, 2023 $ 49,112 49,112 1,962 $ 1 44,920 2,235 98 (15) (89)        
Beginning Balance (in shares) at Dec. 31, 2023 771     771                  
Beginning Balance (Attributable to Noncontrolling Interest) at Dec. 31, 2023 $ 1,075                 1,075      
Beginning Balance (Parent) at Dec. 31, 2023 50,187                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income (loss) [2] 3,279 3,211       3,211       68      
Other comprehensive income (loss) 54 [3] 54         33 4 17        
Common stock issuances, including dividend reinvestment and employee benefits (in shares)       1                  
Common stock issuances, including dividend reinvestment and employee benefits 139 139     139                
Preferred stock, Series B, redemption (989) (989) (989)                    
Common stock dividends (2,392) (2,392)       (2,392)              
Sale of Commercial Renewables Disposal Groups [5] (51)                 (51)      
Contributions from noncontrolling interests, net of transaction costs 47 [4]                 47      
Distributions to noncontrolling interest in subsidiaries (23)                 (23)      
Other (2) (2)     1 (2)     (1)      
Ending Balance (Attributable to Parent) at Sep. 30, 2024 $ 49,133 49,133 973 $ 1 45,060 3,052 131 (11) (73)        
Beginning Balance (in shares) at Sep. 30, 2024 772     772                  
Ending Balance (Attributable to Noncontrolling Interest) at Sep. 30, 2024 $ 1,116                 1,116      
Ending Balance (Parent) at Sep. 30, 2024 50,249                        
Beginning Balance (Attributable to Parent) at Jun. 30, 2024   49,707 1,962 $ 1 45,007 2,635 193 (18) (73)        
Beginning Balance (in shares) at Jun. 30, 2024       772                  
Beginning Balance (Attributable to Noncontrolling Interest) at Jun. 30, 2024                   1,099      
Beginning Balance (Parent) at Jun. 30, 2024 50,806                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income (loss) [2] 1,260 1,226       1,226       34      
Other comprehensive income (loss) (54) [3] (54)         (62) 7 1        
Common stock issuances, including dividend reinvestment and employee benefits                     $ 53 $ 53 $ 53
Preferred stock, Series B, redemption (989) (989) (989)                    
Common stock dividends (806) (806)       (806)              
Distributions to noncontrolling interest in subsidiaries (18)                 (18)      
Other (3) (4)       (3)     (1) 1      
Ending Balance (Attributable to Parent) at Sep. 30, 2024 $ 49,133 $ 49,133 $ 973 $ 1 $ 45,060 $ 3,052 $ 131 $ (11) $ (73)        
Beginning Balance (in shares) at Sep. 30, 2024 772     772                  
Ending Balance (Attributable to Noncontrolling Interest) at Sep. 30, 2024 $ 1,116                 $ 1,116      
Ending Balance (Parent) at Sep. 30, 2024 $ 50,249                        
[1] See Duke Energy Condensed Consolidated Statements of Comprehensive Income for detailed activity related to Cash Flow and Fair Value hedges.
[2] Net income available to Duke Energy Corporation Common Stockholders reflects preferred dividends and, for 2024, the $16 million preferred stock redemption costs.
[3] Net of income tax benefit of approximately $16 million and income tax expense of $69 million for the three months ended September 30, 2024, and 2023, respectively and approximately $16 million and $78 million of income tax expense for the nine months ended September 30, 2024, and 2023, respectively.
[4] Relates primarily to tax equity financing activity in the Commercial Renewables Disposal Groups.
[5] See Note 2 for additional information.