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Condensed Consolidated Statements of Cash Flows - Progress Energy - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 4,614 $ 2,874 $ 2,455
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and accretion (including amortization of nuclear fuel) 6,419 6,084 5,843
Equity component of AFUDC (233) (198) (197)
Gains on sales of other assets (26) (52) (22)
Deferred income taxes 987 3 (200)
Contributions to qualified pension plans (100) (100) (58)
Payments for asset retirement obligations (545) (632) (584)
Provision for rate refunds (27) (63) (130)
(Increase) decrease in      
Receivables (23) 443 (788)
Inventory (212) (706) (476)
Other current assets 885 (267) (1,498)
Increase (decrease) in      
Accounts payable 1,329 (800) 805
Taxes accrued 32 126 10
Other current liabilities (11) (26) (153)
Other assets (1,170) 914 (1,577)
Other liabilities 451 584 410
Net cash provided by operating activities 12,328 9,878 5,927
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures (12,280) (12,604) (11,367)
Purchases of debt and equity securities (5,703) (3,761) (4,243)
Proceeds from sales and maturities of debt and equity securities 5,803 3,824 4,333
Proceeds from the sales of other assets 49 149 83
Other (1,009) (799) (727)
Net cash used in investing activities (13,123) (12,475) (11,973)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from the issuance of long-term debt 8,956 10,028 11,874
Payments for the redemption of long-term debt (3,357) (4,737) (4,396)
Other (52) (124) (130)
Net cash provided by financing activities 859 2,351 6,129
Net increase (decrease) in cash, cash equivalents and restricted cash 64 (246) 83
Cash, cash equivalents and restricted cash at beginning of period 357 603 520
Cash, cash equivalents and restricted cash at end of period 421 357 603
Supplemental Disclosures:      
Cash paid for (received from) income taxes, net (includes transferable tax credit sale proceeds of $558, $28 and $0, respectively) (400) 1 (6)
Cash paid for interest, net of amount capitalized 3,284 2,883 2,361
Significant non-cash transactions:      
Accrued capital expenditures 1,909 1,908 1,766
Progress Energy      
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income 2,171 1,956 1,828
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and accretion (including amortization of nuclear fuel) 2,761 2,721 2,405
Equity component of AFUDC (74) (67) (68)
Gains on sales of other assets (27) (27) (11)
Deferred income taxes 33 (120) 364
Contributions to qualified pension plans (23) (22) (13)
Payments for asset retirement obligations (279) (329) (291)
Provision for rate refunds (2) (24) (58)
(Increase) decrease in      
Receivables 25 21 (322)
Receivables from affiliated companies 65 (68) 117
Inventory (172) (322) (183)
Other current assets 81 287 (937)
Increase (decrease) in      
Accounts payable 867 (266) 222
Accounts payable to affiliated companies 43 (248) 206
Taxes accrued 49 124 8
Other current liabilities 164 9 96
Other assets (723) 357 (1,105)
Other liabilities 94 108 573
Net cash provided by operating activities 5,059 4,118 2,843
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures (5,252) (4,917) (4,317)
Purchases of debt and equity securities (2,703) (1,590) (1,341)
Proceeds from sales and maturities of debt and equity securities 2,809 1,663 1,417
Other (463) (329) (137)
Net cash used in investing activities (5,609) (5,173) (4,378)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from the issuance of long-term debt 1,134 2,555 2,775
Payments for the redemption of long-term debt (467) (1,248) (1,173)
Notes payable to affiliated companies 34 200 465
Dividends to parent (125) (500) (425)
Other (1) (1) (36)
Net cash provided by financing activities 575 1,006 1,606
Net increase (decrease) in cash, cash equivalents and restricted cash 25 (49) 71
Cash, cash equivalents and restricted cash at beginning of period 135 184 113
Cash, cash equivalents and restricted cash at end of period 160 135 184
Supplemental Disclosures:      
Cash paid for (received from) income taxes, net (includes transferable tax credit sale proceeds of $558, $28 and $0, respectively) 315 310 79
Cash paid for interest, net of amount capitalized 1,078 954 854
Significant non-cash transactions:      
Accrued capital expenditures $ 745 $ 806 $ 663