XML 78 R24.htm IDEA: XBRL DOCUMENT v3.25.4
Condensed Consolidated Statements of Cash Flows - Duke Energy Progress - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) $ 5,071 $ 4,614 $ 2,874
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and accretion (including amortization of nuclear fuel) 7,704 6,419 6,084
Equity component of AFUDC (328) (233) (198)
Impairment of assets and other charges (4) 38 85
Deferred income taxes 1,204 987 3
Contributions to qualified pension plans (100) (100) (100)
Payments for asset retirement obligations (509) (545) (632)
(Increase) decrease in      
Receivables (187) (23) 443
Inventory (63) (212) (706)
Other current assets 6 885 (267)
Increase (decrease) in      
Accounts payable (821) 1,329 (800)
Taxes accrued 127 32 126
Other current liabilities 52 (55) (80)
Other assets (265) (1,170) 914
Other liabilities 535 468 575
Net cash provided by operating activities 12,330 12,328 9,878
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures (14,024) (12,280) (12,604)
Purchases of debt and equity securities (8,888) (5,703) (3,761)
Proceeds from sales and maturities of debt and equity securities 9,005 5,803 3,824
Other (1,079) (1,009) (799)
Net cash used in investing activities (14,338) (13,123) (12,475)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from the issuance of long-term debt 11,891 8,956 10,028
Payments for the redemption of long-term debt (5,652) (3,357) (4,737)
Other 114 (52) (124)
Net cash provided by financing activities 1,950 859 2,351
Net (decrease) increase in cash, cash equivalents and restricted cash (58) 64 (246)
Cash, cash equivalents and restricted cash at beginning of period 421 357 603
Cash, cash equivalents and restricted cash at end of period 363 421 357
Supplemental Disclosures:      
Cash paid for interest, net of amount capitalized 3,590 3,284 2,883
Cash paid for (received from) income taxes, net (includes transferable tax credit sale proceeds) (625) (400) 1
Significant non-cash transactions:      
Accrued capital expenditures 2,674 1,909 1,908
Duke Energy Progress      
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) 1,282 1,164 998
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and accretion (including amortization of nuclear fuel) 1,602 1,520 1,460
Equity component of AFUDC (100) (61) (52)
Impairment of assets and other charges 2 6 29
Deferred income taxes 345 (224) (53)
Contributions to qualified pension plans (14) (14) (13)
Payments for asset retirement obligations (176) (197) (249)
(Increase) decrease in      
Receivables 10 (11) (10)
Receivables from affiliated companies (94) 6 9
Inventory (23) (114) (221)
Other current assets (66) 375 (252)
Increase (decrease) in      
Accounts payable (8) 63 (26)
Accounts payable to affiliated companies 149 (26) (176)
Taxes accrued (227) 217 99
Other current liabilities (8) 133 13
Other assets (30) (426) 173
Other liabilities 110 79 5
Net cash provided by operating activities 2,754 2,490 1,734
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures (3,428) (2,803) (2,387)
Purchases of debt and equity securities (3,789) (2,480) (1,406)
Proceeds from sales and maturities of debt and equity securities 3,788 2,480 1,402
Notes receivable from affiliated companies (186) 0 0
Other (215) (172) (144)
Net cash used in investing activities (3,830) (2,975) (2,535)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from the issuance of long-term debt 2,613 855 991
Payments for the redemption of long-term debt (1,236) (72) (369)
Notes payable to affiliated companies (611) (280) 652
Contributions from parent 300 0 0
Distributions to parent 0 0 (500)
Other 2 0 (1)
Net cash provided by financing activities 1,068 503 773
Net (decrease) increase in cash, cash equivalents and restricted cash (8) 18 (28)
Cash, cash equivalents and restricted cash at beginning of period 69 51 79
Cash, cash equivalents and restricted cash at end of period 61 69 51
Supplemental Disclosures:      
Cash paid for interest, net of amount capitalized 536 522 447
Cash paid for (received from) income taxes, net (includes transferable tax credit sale proceeds) 120 192 73
Significant non-cash transactions:      
Accrued capital expenditures $ 576 $ 374 $ 313