XML 63 R20.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Balance Sheets - Duke Energy Progress - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 475 $ 314
Receivables (net of allowance for doubtful accounts) 3,996 2,232
Receivables of VIEs (net of allowance for doubtful accounts) 10 1,889
Inventory 4,418 4,509
Regulatory assets 2,538 2,756
Other (includes amounts related to VIEs) 780 695
Total current assets 12,775 12,950
Property, Plant and Equipment    
Cost 183,546 180,806
Accumulated depreciation and amortization (58,672) (57,503)
Net property, plant and equipment 124,874 123,303
Other Noncurrent Assets    
Regulatory assets 14,200 14,254
Nuclear decommissioning trust funds 11,246 11,434
Operating lease right-of-use assets, net 1,219 1,148
Other 3,502 3,509
Total other noncurrent assets 49,827 50,090
Total Assets 187,476 186,343
Current Liabilities    
Accounts payable 4,442 5,479
Taxes accrued 794 851
Interest accrued 821 855
Current maturities of long-term debt 4,180 4,349
Asset retirement obligations 643 650
Regulatory liabilities 1,298 1,425
Other 1,861 2,084
Total current liabilities 16,625 19,357
Long-Term Debt (includes amounts related to VIEs) 79,700 76,340
Other Noncurrent Liabilities    
Deferred income taxes 11,609 11,424
Asset retirement obligations 9,350 9,342
Regulatory liabilities 14,466 14,694
Operating lease liabilities 1,033 957
Accrued pension and other post-retirement benefit costs 426 434
Investment tax credits 888 894
Other 1,585 1,556
Total other noncurrent liabilities 39,357 39,390
Commitments and Contingencies
Equity    
Total Liabilities and Equity 187,476 186,343
Variable Interest Entity    
Current Assets    
Inventory 509 494
Regulatory assets 120 120
Other (includes amounts related to VIEs) 57 90
Other Noncurrent Assets    
Regulatory assets 1,674 1,705
Current Liabilities    
Accounts payable 207 214
Current maturities of long-term debt 110 1,012
Long-Term Debt (includes amounts related to VIEs) 1,783 1,842
Other Noncurrent Liabilities    
Other   27
Duke Energy Progress    
Current Assets    
Cash and cash equivalents 53 24
Receivables (net of allowance for doubtful accounts) 906 160
Receivables of VIEs (net of allowance for doubtful accounts) 6 835
Inventory 1,333 1,341
Regulatory assets 616 626
Other (includes amounts related to VIEs) 151 104
Total current assets 4,057 3,100
Property, Plant and Equipment    
Cost 42,769 42,060
Accumulated depreciation and amortization (16,252) (15,930)
Net property, plant and equipment 26,517 26,130
Other Noncurrent Assets    
Regulatory assets 4,573 4,555
Nuclear decommissioning trust funds 4,564 4,636
Operating lease right-of-use assets, net 414 348
Other 752 724
Total other noncurrent assets 10,303 10,263
Total Assets 40,877 39,493
Current Liabilities    
Accounts payable 603 749
Taxes accrued 82 394
Interest accrued 96 122
Current maturities of long-term debt 581 983
Asset retirement obligations 226 230
Regulatory liabilities 313 348
Other 359 427
Total current liabilities 2,696 4,170
Long-Term Debt (includes amounts related to VIEs) 13,489 11,371
Other Noncurrent Liabilities    
Deferred income taxes 2,410 2,344
Asset retirement obligations 4,122 4,104
Regulatory liabilities 4,535 4,570
Operating lease liabilities 409 332
Accrued pension and other post-retirement benefit costs 140 141
Investment tax credits 143 144
Other 182 196
Total other noncurrent liabilities 11,941 11,831
Commitments and Contingencies
Equity    
Total equity 12,601 11,971
Total Liabilities and Equity 40,877 39,493
Duke Energy Progress | Variable Interest Entity    
Current Assets    
Regulatory assets 47 47
Other (includes amounts related to VIEs) 26 40
Other Noncurrent Assets    
Regulatory assets 759 775
Current Liabilities    
Current maturities of long-term debt 40 443
Long-Term Debt (includes amounts related to VIEs) 789 809
Other Noncurrent Liabilities    
Other   11
Duke Energy Progress | Affiliated Entity    
Current Assets    
Receivables (net of allowance for doubtful accounts) 24 10
Current Liabilities    
Accounts payable 436 306
Notes payable to affiliated companies 0 611
Long-Term Debt (includes amounts related to VIEs) 150 150
Duke Energy Progress | Affiliated Entity | Notes Receivable    
Current Assets    
Receivables (net of allowance for doubtful accounts) $ 968 $ 0