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Condensed Consolidated Balance Sheets - Duke Energy Progress - 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    
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    
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
Duke Energy Progress    
Current Assets    
Cash and cash equivalents 16 24
Receivables of VIEs (net of allowance for doubtful accounts) 943 160
Receivables (net of allowance for doubtful accounts) 9 835
Inventory (includes $669 at 2025 and $494 at 2024 related to VIEs) 1,363 1,341
Regulatory assets 652 626
Other (includes amounts related to VIEs) 95 104
Total current assets 3,368 3,100
Property, Plant and Equipment    
Cost 45,175 42,060
Accumulated depreciation and amortization (16,980) (15,930)
Net property, plant and equipment 28,195 26,130
Other Noncurrent Assets    
Other Noncurrent Assets: Regulatory assets 4,543 4,555
Nuclear decommissioning trust funds 5,254 4,636
Operating lease right-of-use assets, net 386 348
Other (including amounts related to VIEs) 781 724
Total other noncurrent assets 10,964 10,263
Total Assets 42,527 39,493
Current Liabilities    
Accounts payable 886 749
Taxes accrued 167 394
Interest accrued 145 122
Current maturities of long-term debt 285 983
Asset retirement obligations 194 230
Regulatory liabilities 274 348
Other 370 427
Total current liabilities 2,719 4,170
Long-Term Debt (includes amounts related to VIEs) 13,461 11,371
Other Noncurrent Liabilities    
Deferred income taxes 2,642 2,344
Total noncurrent asset retirement obligation 4,095 4,104
Total noncurrent regulatory liabilities 4,807 4,570
Operating lease liabilities 384 332
Accrued pension and other post-retirement benefit costs 139 141
Investment tax credits 194 144
Other 326 196
Total other noncurrent liabilities 12,587 11,831
Commitments and Contingencies
Equity    
Total member's equity 13,610 11,971
Total Liabilities and Equity 42,527 39,493
Notes receivable from affiliated companies 186 0
Duke Energy Progress | Consolidated VIEs    
Current Assets    
Regulatory assets 70 47
Other (includes amounts related to VIEs) 38 40
Other Noncurrent Assets    
Other Noncurrent Assets: Regulatory assets 1,169 775
Current Liabilities    
Current maturities of long-term debt 41 443
Long-Term Debt (includes amounts related to VIEs) 1,224 809
Other Noncurrent Liabilities    
Other   11
Duke Energy Progress | Affiliated entity    
Current Assets    
Receivables of VIEs (net of allowance for doubtful accounts) 104 10
Current Liabilities    
Accounts payable 398 306
Notes payable to affiliated companies   611
Long-Term Debt (includes amounts related to VIEs) $ 150 $ 150