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Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2023
USD ($)
$ / shares
Dec. 31, 2022
USD ($)
$ / shares
Dec. 31, 2021
USD ($)
$ / shares
Dec. 31, 2020
USD ($)
$ / shares
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table
Year
Summary
Compensation
Table Total
for CEO
Compensation
Actually Paid
to CEO
(1)
Average
Summary
Compensation
Table Total for
Non-CEO
NEOs
Average
Compensation
Actually
Paid to
Non-CEO
NEOs
(2)
Value of Initial Fixed
$100 Investment Based On:
Net
Income

(M)(4)
Company-
Selected
Measure
(Adjusted

EPS)(5)
Total
Shareholder
Return
(3)
Peer Group
Total
Shareholder
Return
(3)
(a)
(b)
(c)
(d)
(e)
(f)
(g)
(h)
(i)
2023 $ 20,559,875 $ 23,285,912 $ 4,139,591 $ 4,014,407 $ 125 $ 111 $ 2,735 $ 5.56
2022 $ 21,354,759 $ 24,000,880 $ 4,296,518 $ 4,784,037 $ 127 $ 122 $ 2,444 $ 5.41
2021 $ 16,451,236 $ 27,285,740 $ 4,347,846 $ 6,327,212 $ 125 $ 121 $ 3,802 $ 5.24
2020 $ 14,544,398 $ 14,571,950 $ 3,972,840 $ 3,731,332 $ 105 $ 103 $ 1,270 $ 5.12
(1)
Compensation actually paid (“CAP”) was calculated by beginning with the total amount reported in the Summary Compensation Table (the “SCT”) for the applicable year, (i) subtracting the grant date fair value of stock awards reported in the Stock Awards column of the SCT (“Stock Awards”), (ii) subtracting the actuarial present value of the accumulated benefit under defined benefit plans reported in the Change in Pension Value and Nonqualified Deferred Compensation Earnings column of the SCT (“Change in Pension Value”), (iii) adding the change in fair value of stock awards for the applicable year, and (iv) adding the service cost and prior service cost for all defined benefit plans for the applicable year. Fair value amounts were computed in a manner consistent with the fair value methodology used to account for share-based payments in our financial statements under GAAP. The fair value amounts were calculated using our stock price on the last day of each fiscal year or the date of vesting, as applicable, and based upon the probable outcome of applicable performance conditions as of the last day of each fiscal year. The service cost and prior service cost for defined benefit plans were calculated using the same methodology as used for our financial statements under GAAP. Following is a reconciliation of the SCT total and the CAP for the CEO for each of the applicable years. Ms. Good is our CEO for each year reflected in columns (b) and (c).
Chief Executive Officer
Year
SCT Total
Subtract
Grant Date
Value of
Stock Awards
Granted
Each Year as
Disclosed
in the

SCT
Subtract
Change in
Pension
Value as
Disclosed
Each Year
in the

SCT
Add
Change in
Fair Value
of Stock
Awards
Add Service
and Prior
Service
Cost for
Pension
Plans
CAP
2023 $ 20,559,875 ($ 16,021,168) ($ 344,770) $ 19,069,434 $ 22,541 $ 23,285,912
Chief Executive Officer
Change in Fair Value of Stock Awards
Year
Year End
Fair Value
of Stock Awards
Granted in
Covered
Fiscal Year
that Remained
Unvested
at the end
of the Covered
Fiscal Year
Year-over-Year
Increase or
Decrease
in Fair Value
for Stock Awards
Granted in
Prior Years
that Remained
Unvested
at the end
of the Covered
Fiscal Year
Increase or
Decrease in Fair
Value of Stock
Awards Granted
in Prior Years
that Vested in
the Covered
Fiscal Year
Adjustments for
Stock Awards
that Failed to
Meet Performance
Conditions
Value of Dividends
or other Earnings
Paid on Stock
Awards not
Otherwise Reflected
in Fair Value
Total Change
in Fair Value of
Stock Awards
Included in CAP
2023 $ 16,436,683 $ 931,666 $ 56,111 $ 0 $ 1,644,975 $ 19,069,434
Chief Executive Officer
Pension Plan Adjustment
Year
Service
Cost
Prior
Service
Cost
Total Service
and Prior
Service Cost
Included
in CAP
2023 $ 22,541 $ 0 $ 22,541
(2)
CAP for the other named executive officers was calculated in the same manner as described above for the CEO, except the amounts were averaged for each year. Following is a reconciliation of the average SCT total and the average CAP for the named executive officers, other than the CEO. The names of each of our named executive officers (excluding Ms. Good) included for purposes of calculating the average amounts in columns (d) and (e) for each applicable year are as follows: (i) for 2023, Brian D. Savoy, Steven K. Young, Julia S. Janson, Kodwo Ghartey-Tagoe, and Dhiaa M. Jamil; (ii) for 2022, Brian D. Savoy, Steven K. Young, Dhiaa M. Jamil, Julia S. Janson, and Kodwo Ghartey-Tagoe; (iii) for 2021, Steven K. Young, Dhiaa M. Jamil, Julia S. Janson, and Kodwo Ghartey-Tagoe; and (iv) for 2020, Steven K. Young, Dhiaa M. Jamil, Julia S. Janson, Douglas F Esamann, and Melissa H. Anderson.
Other Named Executive Officers
Year
Average
SCT Total
Subtract Grant
Date Value of
Stock Awards
Granted Each
Year as
Disclosed in
the SCT
Subtract Change in
Pension Value as
Disclosed
Each Year in
the SCT
Add Average
Change in
Fair Value of
Stock Awards
Add Average
Service and
Prior Service
Cost for Pension
Plans
Average CAP
2023 $ 4,139,591 ($ 2,695,385) ($ 97,098) $ 2,645,556 $ 21,743 $ 4,014,407
Other Named Executive Officers
Average Change in Fair Value of Stock Awards
Year
Year End Fair
Value of Stock
Awards Granted
in Covered
Fiscal Year
that Remained
Unvested at the
end of the
Covered
Fiscal Year
Year-over-Year
Increase or
Decrease in Fair
Value for Stock
Awards Granted
in Prior Years
that Remained
Unvested at
the end of
the Covered
Fiscal Year
Increase or
Decrease in Fair
Value of Stock
Awards Granted
in Covered Fiscal
Year that
Vested in the
Covered Fiscal
Year
Increase or
Decrease in
Fair Value of
Stock Awards
Granted in Prior
Years that Vested
in the Covered
Fiscal Year
Adjustments
for
Stock Awards
that Failed
to Meet
Performance
Conditions
Value of
Dividends or
other Earnings
Paid on Stock
Awards not
Otherwise
Reflected
in Fair Value
Total Change
in Fair Value of
Stock Awards
Included in CAP
2023 $ 2,183,005 $ 153,626 $ 20,568 ($ 6,212) $ 0 $ 294,568 $ 2,645,556
Other Named Executive Officers
Pension Plan Adjustment
Year
Average
Service
Cost
Average
Prior
Service Cost
Total Service
and Prior
Service Cost
Included
in CAP
2023 $ 21,743 $ 0 $ 21,743
(3)
Duke Energy TSR represents the cumulative investment return of an initial fixed $100 investment in our common stock on December 31, 2019, assuming reinvestment of all dividends, through the end of the covered fiscal year. The Duke Energy TSR reflected in the table above may not be indicative of future performance. Peer group TSR represents the cumulative investment return of an initial fixed $100 investment in the UTY on December 31, 2019, assuming reinvestment of all dividends, through the end of the covered fiscal year.
(4)
Reflects net income attributable to Duke Energy common stockholders, as reported in our Form 10-K for the applicable year.
(5)
The following table provides a list of the most important financial performance measures used by Duke Energy to link executive compensation actually paid to company performance for the most recently completed fiscal year.
Most Important Financial Measures
Adjusted EPS
Relative Total Shareholder Return
O&M Expense
Of the goals listed above, we consider adjusted EPS to be the most important financial performance measure (that is not otherwise required to be disclosed in the table) used to link executive compensation actually paid to company performance and therefore include it as the Company-Selected Measure in the table on the previous page. Adjusted EPS is a non-GAAP financial measure that represents basic EPS from continuing operations available to Duke Energy common shareholders, adjusted for the per share impact of special items.
     
Company Selected Measure Name Adjusted EPS      
Peer Group Issuers, Footnote
(3)
Duke Energy TSR represents the cumulative investment return of an initial fixed $100 investment in our common stock on December 31, 2019, assuming reinvestment of all dividends, through the end of the covered fiscal year. The Duke Energy TSR reflected in the table above may not be indicative of future performance. Peer group TSR represents the cumulative investment return of an initial fixed $100 investment in the UTY on December 31, 2019, assuming reinvestment of all dividends, through the end of the covered fiscal year.
     
PEO Total Compensation Amount $ 20,559,875 $ 21,354,759 $ 16,451,236 $ 14,544,398
PEO Actually Paid Compensation Amount $ 23,285,912 24,000,880 27,285,740 14,571,950
Adjustment To PEO Compensation, Footnote
(1)
Compensation actually paid (“CAP”) was calculated by beginning with the total amount reported in the Summary Compensation Table (the “SCT”) for the applicable year, (i) subtracting the grant date fair value of stock awards reported in the Stock Awards column of the SCT (“Stock Awards”), (ii) subtracting the actuarial present value of the accumulated benefit under defined benefit plans reported in the Change in Pension Value and Nonqualified Deferred Compensation Earnings column of the SCT (“Change in Pension Value”), (iii) adding the change in fair value of stock awards for the applicable year, and (iv) adding the service cost and prior service cost for all defined benefit plans for the applicable year. Fair value amounts were computed in a manner consistent with the fair value methodology used to account for share-based payments in our financial statements under GAAP. The fair value amounts were calculated using our stock price on the last day of each fiscal year or the date of vesting, as applicable, and based upon the probable outcome of applicable performance conditions as of the last day of each fiscal year. The service cost and prior service cost for defined benefit plans were calculated using the same methodology as used for our financial statements under GAAP. Following is a reconciliation of the SCT total and the CAP for the CEO for each of the applicable years. Ms. Good is our CEO for each year reflected in columns (b) and (c).
Chief Executive Officer
Year
SCT Total
Subtract
Grant Date
Value of
Stock Awards
Granted
Each Year as
Disclosed
in the

SCT
Subtract
Change in
Pension
Value as
Disclosed
Each Year
in the

SCT
Add
Change in
Fair Value
of Stock
Awards
Add Service
and Prior
Service
Cost for
Pension
Plans
CAP
2023 $ 20,559,875 ($ 16,021,168) ($ 344,770) $ 19,069,434 $ 22,541 $ 23,285,912
Chief Executive Officer
Change in Fair Value of Stock Awards
Year
Year End
Fair Value
of Stock Awards
Granted in
Covered
Fiscal Year
that Remained
Unvested
at the end
of the Covered
Fiscal Year
Year-over-Year
Increase or
Decrease
in Fair Value
for Stock Awards
Granted in
Prior Years
that Remained
Unvested
at the end
of the Covered
Fiscal Year
Increase or
Decrease in Fair
Value of Stock
Awards Granted
in Prior Years
that Vested in
the Covered
Fiscal Year
Adjustments for
Stock Awards
that Failed to
Meet Performance
Conditions
Value of Dividends
or other Earnings
Paid on Stock
Awards not
Otherwise Reflected
in Fair Value
Total Change
in Fair Value of
Stock Awards
Included in CAP
2023 $ 16,436,683 $ 931,666 $ 56,111 $ 0 $ 1,644,975 $ 19,069,434
Chief Executive Officer
Pension Plan Adjustment
Year
Service
Cost
Prior
Service
Cost
Total Service
and Prior
Service Cost
Included
in CAP
2023 $ 22,541 $ 0 $ 22,541
     
Non-PEO NEO Average Total Compensation Amount $ 4,139,591 4,296,518 4,347,846 3,972,840
Non-PEO NEO Average Compensation Actually Paid Amount $ 4,014,407 4,784,037 6,327,212 3,731,332
Adjustment to Non-PEO NEO Compensation Footnote
(2)
CAP for the other named executive officers was calculated in the same manner as described above for the CEO, except the amounts were averaged for each year. Following is a reconciliation of the average SCT total and the average CAP for the named executive officers, other than the CEO. The names of each of our named executive officers (excluding Ms. Good) included for purposes of calculating the average amounts in columns (d) and (e) for each applicable year are as follows: (i) for 2023, Brian D. Savoy, Steven K. Young, Julia S. Janson, Kodwo Ghartey-Tagoe, and Dhiaa M. Jamil; (ii) for 2022, Brian D. Savoy, Steven K. Young, Dhiaa M. Jamil, Julia S. Janson, and Kodwo Ghartey-Tagoe; (iii) for 2021, Steven K. Young, Dhiaa M. Jamil, Julia S. Janson, and Kodwo Ghartey-Tagoe; and (iv) for 2020, Steven K. Young, Dhiaa M. Jamil, Julia S. Janson, Douglas F Esamann, and Melissa H. Anderson.
Other Named Executive Officers
Year
Average
SCT Total
Subtract Grant
Date Value of
Stock Awards
Granted Each
Year as
Disclosed in
the SCT
Subtract Change in
Pension Value as
Disclosed
Each Year in
the SCT
Add Average
Change in
Fair Value of
Stock Awards
Add Average
Service and
Prior Service
Cost for Pension
Plans
Average CAP
2023 $ 4,139,591 ($ 2,695,385) ($ 97,098) $ 2,645,556 $ 21,743 $ 4,014,407
Other Named Executive Officers
Average Change in Fair Value of Stock Awards
Year
Year End Fair
Value of Stock
Awards Granted
in Covered
Fiscal Year
that Remained
Unvested at the
end of the
Covered
Fiscal Year
Year-over-Year
Increase or
Decrease in Fair
Value for Stock
Awards Granted
in Prior Years
that Remained
Unvested at
the end of
the Covered
Fiscal Year
Increase or
Decrease in Fair
Value of Stock
Awards Granted
in Covered Fiscal
Year that
Vested in the
Covered Fiscal
Year
Increase or
Decrease in
Fair Value of
Stock Awards
Granted in Prior
Years that Vested
in the Covered
Fiscal Year
Adjustments
for
Stock Awards
that Failed
to Meet
Performance
Conditions
Value of
Dividends or
other Earnings
Paid on Stock
Awards not
Otherwise
Reflected
in Fair Value
Total Change
in Fair Value of
Stock Awards
Included in CAP
2023 $ 2,183,005 $ 153,626 $ 20,568 ($ 6,212) $ 0 $ 294,568 $ 2,645,556
Other Named Executive Officers
Pension Plan Adjustment
Year
Average
Service
Cost
Average
Prior
Service Cost
Total Service
and Prior
Service Cost
Included
in CAP
2023 $ 21,743 $ 0 $ 21,743
     
Compensation Actually Paid vs. Total Shareholder Return
[MISSING IMAGE: bc_energytsr-pn.jpg]
     
Compensation Actually Paid vs. Net Income
[MISSING IMAGE: bc_netincome-pn.jpg]
     
Compensation Actually Paid vs. Company Selected Measure
[MISSING IMAGE: bc_adjusteps-pn.jpg]
     
Total Shareholder Return Vs Peer Group [MISSING IMAGE: bc_energytsr-pn.jpg]      
Tabular List, Table
(5)
The following table provides a list of the most important financial performance measures used by Duke Energy to link executive compensation actually paid to company performance for the most recently completed fiscal year.
Most Important Financial Measures
Adjusted EPS
Relative Total Shareholder Return
O&M Expense
Of the goals listed above, we consider adjusted EPS to be the most important financial performance measure (that is not otherwise required to be disclosed in the table) used to link executive compensation actually paid to company performance and therefore include it as the Company-Selected Measure in the table on the previous page. Adjusted EPS is a non-GAAP financial measure that represents basic EPS from continuing operations available to Duke Energy common shareholders, adjusted for the per share impact of special items.
     
Total Shareholder Return Amount $ 125 127 125 105
Peer Group Total Shareholder Return Amount 111 122 121 103
Net Income (Loss) $ 2,735,000,000 $ 2,444,000,000 $ 3,802,000,000 $ 1,270,000,000
Company Selected Measure Amount | $ / shares 5.56 5.41 5.24 5.12
PEO Name Ms. Good Ms. Good Ms. Good Ms. Good
Measure:: 1        
Pay vs Performance Disclosure        
Name Adjusted EPS      
Measure:: 2        
Pay vs Performance Disclosure        
Name Relative Total Shareholder Return      
Measure:: 3        
Pay vs Performance Disclosure        
Name O&M Expense      
PEO | Adjustment For Grant Date Value Of Stock Awards Granted Each Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ (16,021,168)      
PEO | Adjustment For Change In Pension Value As Disclosed Each Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (344,770)      
PEO | Adjustment For Change In Fair Value Of Stock Awards [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 19,069,434      
PEO | Adjustment For Service And Prior Service Cost For Pension Plans [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 22,541      
PEO | Change In Fair Value Of Stock Awards, Year End Fair Value Of Stock Awards Granted In Covered Fiscal Year That Remained Unvested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 16,436,683      
PEO | Change In Fair Value Of Stock Awards, Year Over Year Increase Or Decrease In Fair Value Of Stock Awards Granted In Prior Years That Remained Unvested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 931,666      
PEO | Change In Fair Value Of Stock Awards, Increase Or Decrease In Fair Value Of Stock Awards Granted In Prior Years That Vested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 56,111      
PEO | Change In Fair Value Of Stock Awards, Adjustments For Stock Awards That Failed To Meet Performance Conditions [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0      
PEO | Change In Fair Value Of Stock Awards, Value Of Dividends Or Other Earnings Paid On Stock Awards Not Otherwise Reflected In Fair Value [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 1,644,975      
PEO | Pension Plan Adjustments, Service Cost [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 22,541      
PEO | Pension Plan Adjustments, Prior Service Cost [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0      
Non-PEO NEO | Adjustment For Grant Date Value Of Stock Awards Granted Each Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (2,695,385)      
Non-PEO NEO | Adjustment For Change In Pension Value As Disclosed Each Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (97,098)      
Non-PEO NEO | Adjustment For Change In Fair Value Of Stock Awards [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 2,645,556      
Non-PEO NEO | Adjustment For Service And Prior Service Cost For Pension Plans [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 21,743      
Non-PEO NEO | Change In Fair Value Of Stock Awards, Year End Fair Value Of Stock Awards Granted In Covered Fiscal Year That Remained Unvested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 2,183,005      
Non-PEO NEO | Change In Fair Value Of Stock Awards, Year Over Year Increase Or Decrease In Fair Value Of Stock Awards Granted In Prior Years That Remained Unvested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 153,626      
Non-PEO NEO | Change In Fair Value Of Stock Awards, Increase Or Decrease In Fair Value Of Stock Awards Granted In Prior Years That Vested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (6,212)      
Non-PEO NEO | Change In Fair Value Of Stock Awards, Adjustments For Stock Awards That Failed To Meet Performance Conditions [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0      
Non-PEO NEO | Change In Fair Value Of Stock Awards, Value Of Dividends Or Other Earnings Paid On Stock Awards Not Otherwise Reflected In Fair Value [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 294,568      
Non-PEO NEO | Pension Plan Adjustments, Service Cost [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 21,743      
Non-PEO NEO | Pension Plan Adjustments, Prior Service Cost [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0      
Non-PEO NEO | Change In Fair Value Of Stock Awards, Increase Or Decrease In Fair Value Of Stock Awards Granted In Covered Fiscal Years That Vested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 20,568