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Condensed Consolidated Balance Sheets - Progress Energy - 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    
Goodwill 19,303 19,303
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    
Common stock 1 1
Additional paid-in capital 45,516 45,494
Retained earnings 3,986 3,431
Accumulated other comprehensive income 194 228
Total Duke Energy Corporation stockholders' equity 50,670 50,127
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
Progress Energy    
Current Assets    
Cash and cash equivalents 87 73
Receivables (net of allowance for doubtful accounts) 1,455 707
Receivables of VIEs (net of allowance for doubtful accounts) 8 835
Inventory 2,107 2,086
Regulatory assets 1,537 1,647
Other (includes amounts related to VIEs) 207 182
Total current assets 6,551 5,555
Property, Plant and Equipment    
Cost 73,776 72,560
Accumulated depreciation and amortization (24,105) (23,586)
Net property, plant and equipment 49,671 48,974
Other Noncurrent Assets    
Goodwill 3,655 3,655
Regulatory assets 6,641 6,618
Nuclear decommissioning trust funds 4,869 4,967
Operating lease right-of-use assets, net 678 625
Other 1,280 1,242
Total other noncurrent assets 17,123 17,107
Total Assets 73,345 71,636
Current Liabilities    
Accounts payable 1,693 2,170
Taxes accrued 228 312
Interest accrued 254 232
Current maturities of long-term debt 1,816 1,517
Asset retirement obligations 227 231
Regulatory liabilities 433 522
Other 719 792
Total current liabilities 6,060 7,360
Long-Term Debt (includes amounts related to VIEs) 24,917 22,829
Other Noncurrent Liabilities    
Deferred income taxes 5,353 5,263
Asset retirement obligations 4,328 4,317
Regulatory liabilities 5,188 5,258
Operating lease liabilities 621 557
Accrued pension and other post-retirement benefit costs 251 254
Investment tax credits 384 385
Other 343 357
Total other noncurrent liabilities 16,468 16,391
Commitments and Contingencies
Equity    
Common stock 0 0
Additional paid-in capital 12,130 11,830
Retained earnings 13,630 13,086
Accumulated other comprehensive income (10) (10)
Total Duke Energy Corporation stockholders' equity 25,750 24,906
Total Liabilities and Equity 73,345 71,636
Progress Energy | Variable Interest Entity    
Current Assets    
Inventory 509 494
Regulatory assets 108 108
Other (includes amounts related to VIEs) 36 75
Other Noncurrent Assets    
Regulatory assets 1,488 1,516
Current Liabilities    
Accounts payable 201 208
Current maturities of long-term debt 100 502
Long-Term Debt (includes amounts related to VIEs) 1,530 1,582
Other Noncurrent Liabilities    
Other   11
Progress Energy | Affiliated Entity    
Current Assets    
Receivables (net of allowance for doubtful accounts) 97 25
Current Liabilities    
Accounts payable 690 507
Notes payable to affiliated companies 0 1,077
Long-Term Debt (includes amounts related to VIEs) 150 150
Progress Energy | Affiliated Entity | Notes Receivable    
Current Assets    
Receivables (net of allowance for doubtful accounts) $ 1,053 $ 0