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Condensed Consolidated Balance Sheets - Piedmont - 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
Inventory (includes $669 at 2025 and $494 at 2024 related to VIEs) 4,569 4,496
Assets held for sale 109 96
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
Operating lease right-of-use assets, net 1,241 1,148
Investments in equity method unconsolidated affiliates 330 353
Assets held for sale 2,148 2,095
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
Liabilities associated with assets held for sale 84 132
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
Liabilities associated with assets held for sale 170 271
Other 1,889 1,551
Total other noncurrent liabilities 41,562 39,390
Commitments and Contingencies
Equity    
Common stock 1 1
Retained earnings 5,056 3,431
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
Piedmont    
Current Assets    
Cash and cash equivalents 1 2
Receivables of VIEs (net of allowance for doubtful accounts) 390 306
Inventory (includes $669 at 2025 and $494 at 2024 related to VIEs) 77 66
Assets held for sale 109 92
Regulatory assets 106 141
Other (includes amounts related to VIEs) 8 10
Total current assets 699 633
Property, Plant and Equipment    
Cost 11,325 10,712
Accumulated depreciation and amortization (2,168) (2,041)
Net property, plant and equipment 9,157 8,671
Other Noncurrent Assets    
Goodwill 39 39
Other Noncurrent Assets: Regulatory assets 350 387
Operating lease right-of-use assets, net 2 4
Investments in equity method unconsolidated affiliates 76 76
Assets held for sale 1,864 1,722
Other (including amounts related to VIEs) 283 267
Total other noncurrent assets 2,614 2,495
Total Assets 12,470 11,799
Current Liabilities    
Accounts payable 286 195
Taxes accrued 106 83
Interest accrued 41 44
Current maturities of long-term debt 490 205
Liabilities associated with assets held for sale 66 52
Regulatory liabilities 20 64
Other 81 72
Total current liabilities 1,789 1,480
Long-Term Debt (includes amounts related to VIEs) 3,761 3,798
Other Noncurrent Liabilities    
Deferred income taxes 1,071 1,018
Total noncurrent asset retirement obligation 25 24
Total noncurrent regulatory liabilities 802 783
Operating lease liabilities 2 7
Accrued pension and other post-retirement benefit costs 7 7
Liabilities associated with assets held for sale 170 182
Other 89 146
Total other noncurrent liabilities 2,166 2,167
Commitments and Contingencies
Equity    
Common stock 1,635 1,635
Retained earnings 3,118 2,718
Total Duke Energy Corporation stockholders' equity 4,753 4,353
Noncontrolling interests 1 1
Total equity 4,754 4,354
Total Liabilities and Equity 12,470 11,799
Piedmont | Affiliated entity    
Current Assets    
Receivables of VIEs (net of allowance for doubtful accounts) 8 16
Current Liabilities    
Accounts payable 90 26
Notes payable to affiliated companies $ 609 $ 739