XML 136 R82.htm IDEA: XBRL DOCUMENT
v3.25.4

Dispositions (Tables) | 12 Months Ended
--- | ---
Dec. 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 and Piedmont's Consolidated Balance Sheets.
| December 31, 2025 |
| Piedmont |  | Duke Energy |
(in millions) | Piedmont Tennessee Disposal Group |  | Piedmont Tennessee Disposal Group | Commercial Renewables Disposal Groups | Total |
Current Assets Held for Sale |  |  |  |  |  |
Receivables, net | $ | 82 |  |  | $ | 82 |  | $ | — |  | $ | 82 |  |
Inventory | 12 |  |  | 12 |  | — |  | 12 |  |
Other | 15 |  |  | 15 |  | — |  | 15 |  |
Total current assets held for sale | 109 |  |  | 109 |  | — |  | 109 |  |
Noncurrent Assets Held for Sale |  |  |  |  |  |
Property, Plant and Equipment |  |  |  |  |  |
Cost | 2,219 |  |  | 2,219 |  | — |  | 2,219 |  |
Accumulated depreciation and amortization | (406) |  |  | (406) |  | — |  | (406) |  |
Net property, plant and equipment | 1,813 |  |  | 1,813 |  | — |  | 1,813 |  |
Goodwill | 10 |  |  | 294 |  | — |  | 294 |  |
Regulatory assets | 41 |  |  | 41 |  | — |  | 41 |  |
Total noncurrent assets held for sale | 1,864 |  |  | 2,148 |  | — |  | 2,148 |  |
Total Assets Held for Sale | $ | 1,973 |  |  | $ | 2,257 |  | $ | — |  | $ | 2,257 |  |
Current Liabilities Associated with Assets Held for Sale |  |  |  |  |  |
Accounts payable | $ | 58 |  |  | $ | 58 |  | $ | 18 |  | $ | 76 |  |
Other | 8 |  |  | 8 |  | — |  | 8 |  |
Total current liabilities associated with assets held for sale | 66 |  |  | 66 |  | 18 |  | 84 |  |
Noncurrent Liabilities Associated with Assets Held for Sale |  |  |  |  |  |
Asset retirement obligations | 4 |  |  | 4 |  | — |  | 4 |  |
Regulatory liabilities | 161 |  |  | 161 |  | — |  | 161 |  |
Other | 5 |  |  | 5 |  | — |  | 5 |  |
Total noncurrent liabilities associated with assets held for sale | 170 |  |  | 170 |  | — |  | 170 |  |
Total Liabilities Associated with Assets Held for Sale | $ | 236 |  |  | $ | 236 |  | $ | 18 |  | $ | 254 |  |
| December 31, 2024 |
| Piedmont |  | Duke Energy |
(in millions) | Piedmont Tennessee Disposal Group |  | Piedmont Tennessee Disposal Group | Commercial Renewables Disposal Groups | Total |
Current Assets Held for Sale |  |  |  |  |  |
Receivables, net | $ | 64 |  |  | $ | 64 |  | $ | — |  | $ | 64 |  |
Inventory | 12 |  |  | 12 |  | — |  | 12 |  |
Other | 16 |  |  | 16 |  | 4 |  | 20 |  |
Total current assets held for sale | 92 |  |  | 92 |  | 4 |  | 96 |  |
Noncurrent Assets Held for Sale |  |  |  |  |  |
Property, Plant and Equipment |  |  |  |  |  |
Cost | 2,069 |  |  | 2,069 |  | 109 |  | 2,178 |  |
Accumulated depreciation and amortization | (392) |  |  | (392) |  | (24) |  | (416) |  |
Net property, plant and equipment | 1,677 |  |  | 1,677 |  | 85 |  | 1,762 |  |
Goodwill | 10 |  |  | 294 |  | — |  | 294 |  |
Regulatory assets | 35 |  |  | 35 |  | — |  | 35 |  |
Operating lease right-of-use assets, net | — |  |  | — |  | 4 |  | 4 |  |
Total noncurrent assets held for sale | 1,722 |  |  | 2,006 |  | 89 |  | 2,095 |  |
Total Assets Held for Sale | $ | 1,814 |  |  | $ | 2,098 |  | $ | 93 |  | $ | 2,191 |  |
Current Liabilities Associated with Assets Held for Sale |  |  |  |  |  |
Accounts payable | $ | 42 |  |  | $ | 42 |  | $ | 19 |  | $ | 61 |  |
Taxes accrued | 1 |  |  | 1 |  | 1 |  | 2 |  |
Current maturities of long-term debt | — |  |  | — |  | 43 |  | 43 |  |
Unrealized losses on commodity hedges | — |  |  | — |  | 13 |  | 13 |  |
Other | 9 |  |  | 9 |  | 4 |  | 13 |  |
Total current liabilities associated with assets held for sale | 52 |  |  | 52 |  | 80 |  | 132 |  |
Noncurrent Liabilities Associated with Assets Held for Sale |  |  |  |  |  |
Asset retirement obligations | 4 |  |  | 4 |  | 5 |  | 9 |  |
Regulatory liabilities | 173 |  |  | 173 |  | — |  | 173 |  |
Operating lease liabilities | — |  |  | — |  | 5 |  | 5 |  |
Unrealized losses on commodity hedges | — |  |  | — |  | 66 |  | 66 |  |
Other | 5 |  |  | 5 |  | 13 |  | 18 |  |
Total noncurrent liabilities associated with assets held for sale | 182 |  |  | 182 |  | 89 |  | 271 |  |
Total Liabilities Associated with Assets Held for Sale | $ | 234 |  |  | $ | 234 |  | $ | 169 |  | $ | 403 |  |
The following table summarizes the Income (Loss) from Discontinued Operations, net of tax recorded on Duke Energy's Consolidated Statements of Operations:
|  | Years Ended December 31,
(in millions) |  | 2025 | 2024 | 2023
Commercial Renewables Disposal Groups |  | $ | (1) |  | $ | 12 |  | $ | (1,457) |
Other |  | 2 |  | (2) |  | 2 |
Income (Loss) from Discontinued Operations, net of tax |  | $ | 1 |  | $ | 10 |  | $ | (1,455) |
The following table presents the results of the Commercial Renewables Disposal Groups, which are included in Income (Loss) from Discontinued Operations, net of tax in Duke Energy's Consolidated Statements of Operations.
| Years Ended December 31,
(in millions) | 2025 |  | 2024 |  | 2023
Operating revenues | $ | 4 |  |  | $ | 4 |  |  | $ | 330 |
Operation, maintenance and other | 1 |  | 22 |  | 302
Property and other taxes | — |  |  | 2 |  | 45
Other income and expenses, net | — |  |  | — |  |  | (8) |
Interest expense | — |  |  | 4 |  | 65
Loss on disposal | 4 |  |  | 14 |  |  | 1,725 |
Loss before income taxes | (1) |  |  | (38) |  |  | (1,815) |
Income tax benefit | — |  |  | (50) |  |  | (358) |
(Loss) Income from discontinued operations | $ | (1) |  |  | $ | 12 |  |  | $ | (1,457) |
Add: Net (income) loss attributable to noncontrolling interest included in discontinued operations | — |  |  | (3) |  |  | 64 |
Net (loss) income from discontinued operations attributable to Duke Energy Corporation | $ | (1) |  |  | $ | 9 |  |  | $ | (1,393) |
The following table summarizes Duke Energy's cash flows from discontinued operations related to the Commercial Renewables Disposal Groups.
| Years Ended December 31,
(in millions) | 2025 |  | 2024 |  | 2023
Cash flows provided by (used in): |  |  |  |  |
Operating activities | $ | (3) |  |  | $ | 7 |  |  | $ | 607 |
Investing activities | — |  |  | (13) |  |  | 122 |

X
- References No definition available. + Details
Name: | us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 3 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-3 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 360 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3A -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-3A Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 360 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3A -Subparagraph (b)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-3A Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483475/205-20-45-11 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3A -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-3A Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-4A Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-4B Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5A -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-5A Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5B -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-5B Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5C -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-5C Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5D -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-5D Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-7 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-3A Reference 14: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 20 -Topic 205 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-1 Reference 15: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-3 + Details
Name: | us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration