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Condensed Consolidated Balance Sheets - Progress Energy - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 688 $ 314
Receivables (net of allowance for doubtful accounts) 4,006 2,170
Receivables of VIEs (net of allowance for doubtful accounts) 12 1,889
Inventory 4,494 4,496
Regulatory assets 1,977 2,739
Other (includes amounts related to VIEs) 984 695
Total current assets 12,208 12,950
Property, Plant and Equipment    
Cost 185,941 178,737
Accumulated depreciation and amortization (59,246) (57,111)
Net property, plant and equipment 126,695 121,626
Other Noncurrent Assets    
Goodwill 19,010 19,010
Regulatory assets 14,077 14,220
Nuclear decommissioning trust funds 12,778 11,434
Operating lease right-of-use assets, net 1,211 1,148
Other 3,885 3,507
Total other noncurrent assets 53,390 51,767
Total Assets 192,293 186,343
Current Liabilities    
Accounts payable 4,191 5,436
Taxes accrued 1,141 851
Interest accrued 814 854
Current maturities of long-term debt 6,452 4,349
Asset retirement obligations 592 650
Regulatory liabilities 1,229 1,421
Other 2,044 2,080
Total current liabilities 19,405 19,357
Long-Term Debt (includes amounts related to VIEs) 79,301 76,340
Other Noncurrent Liabilities    
Deferred income taxes 12,271 11,424
Asset retirement obligations 9,052 9,338
Regulatory liabilities 15,377 14,521
Operating lease liabilities 1,009 957
Accrued pension and other post-retirement benefit costs 404 434
Investment tax credits 890 894
Other 1,790 1,551
Total other noncurrent liabilities 40,960 39,390
Commitments and Contingencies
Equity    
Common stock 1 1
Additional paid-in capital 45,592 45,494
Retained earnings 4,718 3,431
Accumulated other comprehensive income 178 228
Total Duke Energy Corporation stockholders' equity 51,462 50,127
Total Liabilities and Equity 192,293 186,343
Variable Interest Entity    
Current Assets    
Inventory 550 494
Regulatory assets 173 120
Other (includes amounts related to VIEs) 47 90
Other Noncurrent Assets    
Regulatory assets 2,601 1,705
Current Liabilities    
Accounts payable 273 214
Current maturities of long-term debt 115 1,012
Long-Term Debt (includes amounts related to VIEs) 2,760 1,842
Other Noncurrent Liabilities    
Other   27
Progress Energy    
Current Assets    
Cash and cash equivalents 102 73
Receivables of VIEs (net of allowance for doubtful accounts) 11 835
Inventory 2,151 2,086
Regulatory assets 875 1,647
Other (includes amounts related to VIEs) 176 182
Total current assets 5,507 5,555
Property, Plant and Equipment    
Cost 76,411 72,560
Accumulated depreciation and amortization (25,023) (23,586)
Net property, plant and equipment 51,388 48,974
Other Noncurrent Assets    
Goodwill 3,655 3,655
Regulatory assets 6,525 6,618
Nuclear decommissioning trust funds 5,508 4,967
Operating lease right-of-use assets, net 630 625
Other 1,351 1,242
Total other noncurrent assets 17,669 17,107
Total Assets 74,564 71,636
Current Liabilities    
Notes payable to affiliated companies 283 1,077
Taxes accrued 484 312
Interest accrued 240 232
Current maturities of long-term debt 872 1,517
Asset retirement obligations 208 231
Regulatory liabilities 379 522
Other 711 792
Total current liabilities 5,196 7,360
Other Noncurrent Liabilities    
Deferred income taxes 5,524 5,263
Asset retirement obligations 4,274 4,317
Regulatory liabilities 5,435 5,258
Operating lease liabilities 568 557
Accrued pension and other post-retirement benefit costs 244 254
Investment tax credits 392 385
Other 458 357
Total other noncurrent liabilities 16,895 16,391
Commitments and Contingencies
Equity    
Common stock 0 0
Additional paid-in capital 12,278 11,830
Retained earnings 14,994 13,086
Accumulated other comprehensive income (11) (10)
Total Duke Energy Corporation stockholders' equity 27,261 24,906
Total Liabilities and Equity 74,564 71,636
Progress Energy | Variable Interest Entity    
Current Assets    
Inventory 550 494
Regulatory assets 132 108
Other (includes amounts related to VIEs) 32 75
Other Noncurrent Assets    
Regulatory assets 1,872 1,516
Current Liabilities    
Accounts payable 266 208
Current maturities of long-term debt 102 502
Long-Term Debt (includes amounts related to VIEs) 1,938 1,582
Other Noncurrent Liabilities    
Other   11
Progress Energy | Notes Receivable    
Current Assets    
Receivables (net of allowance for doubtful accounts) 435 0
Progress Energy | Nonrelated Party    
Current Assets    
Receivables (net of allowance for doubtful accounts) 1,665 707
Current Liabilities    
Accounts payable 1,432 2,170
Long-Term Debt (includes amounts related to VIEs) 25,062 22,829
Progress Energy | Affiliated Entity    
Current Assets    
Receivables (net of allowance for doubtful accounts) 92 25
Current Liabilities    
Accounts payable 587 507
Long-Term Debt (includes amounts related to VIEs) $ 150 $ 150