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Condensed Consolidated Balance Sheets - Progress Energy - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 245 $ 314
Receivables of VIEs (net of allowance for doubtful accounts) 4,214 2,170
Receivables (net of allowance for doubtful accounts) 16 1,889
Inventory (includes $669 at 2025 and $494 at 2024 related to VIEs) 4,569 4,496
Regulatory assets 1,934 2,739
Other (includes amounts related to VIEs) 526 695
Total current assets 11,613 12,950
Property, Plant and Equipment    
Cost 190,409 178,737
Accumulated depreciation and amortization (60,450) (57,111)
Net property, plant and equipment 129,959 121,626
Other Noncurrent Assets    
Goodwill 19,010 19,010
Other Noncurrent Assets: Regulatory assets 14,379 14,220
Nuclear decommissioning trust funds 12,889 11,434
Operating lease right-of-use assets, net 1,241 1,148
Other (including amounts related to VIEs) 4,167 3,507
Total other noncurrent assets 54,164 51,767
Total Assets 195,736 186,343
Current Liabilities    
Accounts payable 5,223 5,436
Taxes accrued 975 851
Interest accrued 922 854
Current maturities of long-term debt 7,104 4,349
Asset retirement obligations 579 650
Regulatory liabilities 1,271 1,421
Other 2,265 2,080
Total current liabilities 21,047 19,357
Long-Term Debt (includes amounts related to VIEs) 80,108 76,340
Other Noncurrent Liabilities    
Deferred income taxes 12,377 11,424
Total noncurrent asset retirement obligation 9,046 9,338
Total noncurrent regulatory liabilities 15,682 14,521
Operating lease liabilities 1,033 957
Accrued pension and other post-retirement benefit costs 396 434
Investment tax credits 969 894
Other 1,889 1,551
Total other noncurrent liabilities 41,562 39,390
Commitments and Contingencies
Equity    
Common stock 1 1
Additional paid-in capital 45,614 45,494
Retained earnings 5,056 3,431
Accumulated other comprehensive income 198 228
Total Duke Energy Corporation stockholders' equity 51,842 50,127
Noncontrolling interests 1,177 1,129
Total equity 53,019 51,256
Total Liabilities and Equity 195,736 186,343
Consolidated VIEs    
Current Assets    
Inventory (includes $669 at 2025 and $494 at 2024 related to VIEs) 669 494
Regulatory assets 204 120
Other (includes amounts related to VIEs) 88 90
Other Noncurrent Assets    
Other Noncurrent Assets: Regulatory assets 3,108 1,705
Current Liabilities    
Accounts payable 296 214
Current maturities of long-term debt 118 1,012
Long-Term Debt (includes amounts related to VIEs) 3,308 1,842
Other Noncurrent Liabilities    
Other   27
Progress Energy    
Current Assets    
Cash and cash equivalents 54 73
Receivables of VIEs (net of allowance for doubtful accounts) 1,538 707
Receivables (net of allowance for doubtful accounts) 12 835
Inventory (includes $669 at 2025 and $494 at 2024 related to VIEs) 2,210 2,086
Regulatory assets 753 1,647
Other (includes amounts related to VIEs) 150 182
Total current assets 5,049 5,555
Property, Plant and Equipment    
Cost 78,347 72,560
Accumulated depreciation and amortization (25,425) (23,586)
Net property, plant and equipment 52,922 48,974
Other Noncurrent Assets    
Goodwill 3,655 3,655
Other Noncurrent Assets: Regulatory assets 6,650 6,618
Nuclear decommissioning trust funds 5,550 4,967
Operating lease right-of-use assets, net 607 625
Other (including amounts related to VIEs) 1,405 1,242
Total other noncurrent assets 17,867 17,107
Total Assets 75,838 71,636
Current Liabilities    
Accounts payable 1,679 2,170
Taxes accrued 222 312
Interest accrued 256 232
Current maturities of long-term debt 722 1,517
Asset retirement obligations 196 231
Regulatory liabilities 350 522
Other 758 792
Total current liabilities 4,754 7,360
Long-Term Debt (includes amounts related to VIEs) 25,976 22,829
Other Noncurrent Liabilities    
Deferred income taxes 5,576 5,263
Total noncurrent asset retirement obligation 4,290 4,317
Total noncurrent regulatory liabilities 5,601 5,258
Operating lease liabilities 552 557
Accrued pension and other post-retirement benefit costs 247 254
Investment tax credits 434 385
Other 491 357
Total other noncurrent liabilities 17,191 16,391
Commitments and Contingencies
Equity    
Common stock 0 0
Additional paid-in capital 12,278 11,830
Retained earnings 15,499 13,086
Accumulated other comprehensive income (10) (10)
Total Duke Energy Corporation stockholders' equity 27,767 24,906
Total Liabilities and Equity 75,838 71,636
Progress Energy | Consolidated VIEs    
Current Assets    
Inventory (includes $669 at 2025 and $494 at 2024 related to VIEs) 669 494
Regulatory assets 132 108
Other (includes amounts related to VIEs) 72 75
Other Noncurrent Assets    
Other Noncurrent Assets: Regulatory assets 1,851 1,516
Current Liabilities    
Accounts payable 289 208
Current maturities of long-term debt 102 502
Long-Term Debt (includes amounts related to VIEs) 1,936 1,582
Other Noncurrent Liabilities    
Other   11
Progress Energy | Affiliated entity    
Current Assets    
Receivables of VIEs (net of allowance for doubtful accounts) 81 25
Notes receivable from affiliated companies 251 0
Current Liabilities    
Accounts payable 571 507
Notes payable to affiliated companies   1,077
Long-Term Debt (includes amounts related to VIEs) $ 150 $ 150