XML 78 R16.htm IDEA: XBRL DOCUMENT v3.25.0.1
Condensed Consolidated Statements of Operations and Comprehensive Income - Progress Energy - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating Revenues $ 30,357 $ 29,060 $ 28,768
Operating Expenses      
Operation, maintenance and other 5,389 5,625 5,734
Depreciation and amortization 5,793 5,253 5,086
Property and other taxes 1,466 1,400 1,466
Impairment of assets and other charges 38 85 434
Total operating expenses 22,457 22,042 22,778
Gains on Sales of Other Assets and Other, net 26 52 22
Operating Income 7,926 7,070 6,012
Other Income and Expenses, net 652 711 505
Interest Expense 3,384 3,014 2,439
Income From Continuing Operations Before Income Taxes 5,194 4,767 4,078
Income Tax Expense From Continuing Operations 590 438 300
Net Income Attributable to Duke Energy Corporation 4,524 2,841 2,550
Pension and OPEB adjustments [1] 8 (1) (19)
Net unrealized gains on cash flow hedges [1] 209 63 285
Unrealized gains (losses) on available-for-sale securities [1] (2) 8 (21)
Other comprehensive income (loss) [1] 234 134 174
Comprehensive Income 4,848 3,008 2,629
Progress Energy      
Operating Revenues 13,633 13,544 13,125
Operating Expenses      
Cost of sales 4,755 5,026 5,078
Operation, maintenance and other 2,463 2,636 2,458
Depreciation and amortization 2,393 2,151 2,142
Property and other taxes 617 644 607
Impairment of assets and other charges 6 28 12
Total operating expenses 10,234 10,485 10,297
Gains on Sales of Other Assets and Other, net 27 27 11
Operating Income 3,426 3,086 2,839
Other Income and Expenses, net 235 201 181
Interest Expense 1,064 954 844
Income From Continuing Operations Before Income Taxes 2,597 2,333 2,176
Income Tax Expense From Continuing Operations 426 377 348
Net Income Attributable to Duke Energy Corporation 2,171 1,956 1,828
Pension and OPEB adjustments 0 (2) 5
Net unrealized gains on cash flow hedges 0 0 1
Unrealized gains (losses) on available-for-sale securities 0 3 (6)
Other comprehensive income (loss) 0 1 0
Comprehensive Income $ 2,171 $ 1,957 $ 1,828
[1] Net of income tax expense of approximately $70 million, $40 million and $52 million for the years ended December 31, 2024, 2023 and 2022, respectively.