XML 70 R16.htm IDEA: XBRL DOCUMENT v3.25.4
Condensed Consolidated Statements of Operations and Comprehensive Income - Progress Energy - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating Revenues $ 32,237 $ 30,357 $ 29,060
Operating Expenses      
Operation, maintenance and other 6,698 5,389 5,625
Depreciation and amortization 6,324 5,793 5,253
Property and other taxes 1,597 1,466 1,400
Impairment of assets and other charges (4) 38 85
Total operating expenses 23,656 22,457 22,042
Gains on Sales of Other Assets and Other, net 45 26 52
Operating Income 8,626 7,926 7,070
Other Income and Expenses, net 720 652 711
Interest Expense 3,634 3,384 3,014
Income From Continuing Operations Before Income Taxes 5,712 5,194 4,767
Income Tax Expense From Continuing Operations 642 590 438
Net Income 4,968 4,524 2,841
Comprehensive Income 4,938 4,758 2,975
Progress Energy      
Operating Revenues 14,509 13,633 13,544
Operating Expenses      
Cost of sales 4,267 4,755 5,026
Operation, maintenance and other 3,335 2,463 2,636
Depreciation and amortization 2,543 2,393 2,151
Property and other taxes 657 617 644
Impairment of assets and other charges 2 6 28
Total operating expenses 10,804 10,234 10,485
Gains on Sales of Other Assets and Other, net 27 27 27
Operating Income 3,732 3,426 3,086
Other Income and Expenses, net 287 235 201
Interest Expense 1,119 1,064 954
Income From Continuing Operations Before Income Taxes 2,900 2,597 2,333
Income Tax Expense From Continuing Operations 485 426 377
Net Income 2,415 2,171 1,956
Pension and OPEB adjustments 0 0 (2)
Unrealized gains (losses) on available-for-sale securities 0   3
Other Comprehensive Income, net of tax 0 0 1
Comprehensive Income $ 2,415 $ 2,171 $ 1,957