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Dispositions (Tables)
3 Months Ended
Mar. 31, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations
The following table presents the carrying values of the major classes of Assets held for sale and Liabilities associated with assets held for sale included in Duke Energy's Condensed Consolidated Balance Sheets.
(in millions)March 31, 2025December 31, 2024
Current Assets Held for Sale
Other$ $
Total current assets held for sale 
Noncurrent Assets Held for Sale
Property, Plant and Equipment
Cost 109 
Accumulated depreciation and amortization (24)
Net property, plant and equipment 85 
Operating lease right-of-use assets, net 
Total other noncurrent assets held for sale 
Total Assets Held for Sale$ $93 
Current Liabilities Associated with Assets Held for Sale
Accounts payable$18 $19 
Taxes accrued 
Current maturities of long-term debt 43 
Unrealized losses on commodity hedges
 13 
Other 
Total current liabilities associated with assets held for sale18 80 
Noncurrent Liabilities Associated with Assets Held for Sale
Operating lease liabilities 
Asset retirement obligations 
Unrealized losses on commodity hedges
 66 
Other 13 
Total other noncurrent liabilities associated with assets held for sale 89 
Total Liabilities Associated with Assets Held for Sale$18 $169 
As of March 31, 2025, the remaining held for sale liability balance relates to Disposal Group assets previously sold and is expected to settle by December 31, 2025.
As of December 31, 2024, the noncontrolling interest balance is $18 million.
The following table presents the results of the Commercial Renewables Disposal Groups, which are included in Loss from Discontinued Operations, net of tax in Duke Energy's Condensed Consolidated Statements of Operations.
Three Months Ended
March 31,
(in millions)20252024
Operating revenues$4 $(6)
Operation, maintenance and other1 4
Interest expense 2
Loss (Gain) on disposal
4 (10)
Loss before income taxes(1)(2)
Income tax (benefit) expense
(1)
Net loss from discontinued operations attributable to Duke Energy Corporation
$ $(3)
The following table summarizes Duke Energy's cash flows from discontinued operations related to the Commercial Renewables Disposal Groups.
Three Months Ended
March 31,
(in millions)20252024
Cash flows used in:
Operating activities$(3)$(3)