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Condensed Consolidated Balance Sheets - Piedmont - 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
Inventory 4,494 4,496
Assets held for sale 47 96
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
Operating lease right-of-use assets, net 1,211 1,148
Investments in equity method unconsolidated affiliates 323 353
Assets held for sale 2,106 2,095
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
Liabilities associated with assets held for sale 57 132
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
Liabilities associated with assets held for sale 167 271
Other 1,790 1,551
Total other noncurrent liabilities 40,960 39,390
Commitments and Contingencies
Equity    
Common stock 1 1
Retained earnings 4,718 3,431
Total Duke Energy Corporation stockholders' equity 51,462 50,127
Noncontrolling interests 1,165 1,129
Total equity 52,627 51,256
Total Liabilities and Equity 192,293 186,343
Piedmont    
Current Assets    
Cash and cash equivalents 2 2
Inventory 54 66
Assets held for sale 47 92
Regulatory assets 128 141
Other (includes amounts related to VIEs) 82 10
Total current assets 442 633
Property, Plant and Equipment    
Cost 11,131 10,712
Accumulated depreciation and amortization (2,129) (2,041)
Net property, plant and equipment 9,002 8,671
Other Noncurrent Assets    
Goodwill 39 39
Regulatory assets 379 387
Operating lease right-of-use assets, net 2 4
Investments in equity method unconsolidated affiliates 75 76
Assets held for sale 1,822 1,722
Other 275 267
Total other noncurrent assets 2,592 2,495
Total Assets 12,036 11,799
Current Liabilities    
Notes payable to affiliated companies 543 739
Taxes accrued 57 83
Interest accrued 50 44
Current maturities of long-term debt 505 205
Liabilities associated with assets held for sale 39 52
Regulatory liabilities 6 64
Other 74 72
Total current liabilities 1,493 1,480
Long-Term Debt (includes amounts related to VIEs) 3,800 3,798
Other Noncurrent Liabilities    
Deferred income taxes 1,080 1,018
Asset retirement obligations 26 24
Regulatory liabilities 801 783
Operating lease liabilities 2 7
Accrued pension and other post-retirement benefit costs 6 7
Liabilities associated with assets held for sale 167 182
Other 103 146
Total other noncurrent liabilities 2,185 2,167
Commitments and Contingencies
Equity    
Common stock 1,635 1,635
Retained earnings 2,922 2,718
Total Duke Energy Corporation stockholders' equity 4,557 4,353
Noncontrolling interests 1 1
Total equity 4,558 4,354
Total Liabilities and Equity 12,036 11,799
Piedmont | Nonrelated Party    
Current Assets    
Receivables (net of allowance for doubtful accounts) 120 306
Current Liabilities    
Accounts payable 173 195
Piedmont | Affiliated Entity    
Current Assets    
Receivables (net of allowance for doubtful accounts) 9 16
Current Liabilities    
Accounts payable $ 46 $ 26