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Dispositions (Tables)
12 Months Ended
Dec. 31, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations
The following table presents the carrying values of the major classes of Assets held for sale and Liabilities associated with assets held for sale included in Duke Energy's and Piedmont's Consolidated Balance Sheets.
December 31, 2025
Piedmont
Duke Energy
(in millions)
Piedmont Tennessee Disposal Group
Piedmont Tennessee Disposal Group
Commercial Renewables Disposal Groups
Total
Current Assets Held for Sale
Receivables, net$82 $82 $ $82 
Inventory12 12  12 
Other15 15  15 
Total current assets held for sale109 109  109 
Noncurrent Assets Held for Sale
Property, Plant and Equipment
Cost2,219 2,219  2,219 
Accumulated depreciation and amortization(406)(406) (406)
Net property, plant and equipment1,813 1,813  1,813 
Goodwill
10 294  294 
Regulatory assets
41 41  41 
Total noncurrent assets held for sale
1,864 2,148  2,148 
Total Assets Held for Sale$1,973 $2,257 $ $2,257 
Current Liabilities Associated with Assets Held for Sale
Accounts payable$58 $58 $18 $76 
Other8 8  8 
Total current liabilities associated with assets held for sale66 66 18 84 
Noncurrent Liabilities Associated with Assets Held for Sale
Asset retirement obligations4 4  4 
Regulatory liabilities
161 161  161 
Other5 5  5 
Total noncurrent liabilities associated with assets held for sale
170 170  170 
Total Liabilities Associated with Assets Held for Sale$236 $236 $18 $254 
December 31, 2024
Piedmont
Duke Energy
(in millions)
Piedmont Tennessee Disposal Group
Piedmont Tennessee Disposal Group
Commercial Renewables Disposal Groups
Total
Current Assets Held for Sale
Receivables, net$64 $64 $— $64 
Inventory12 12 — 12 
Other16 16 20 
Total current assets held for sale92 92 96 
Noncurrent Assets Held for Sale
Property, Plant and Equipment
Cost2,069 2,069 109 2,178 
Accumulated depreciation and amortization(392)(392)(24)(416)
Net property, plant and equipment1,677 1,677 85 1,762 
Goodwill
10 294 — 294 
Regulatory assets
35 35 — 35 
Operating lease right-of-use assets, net— — 
Total noncurrent assets held for sale
1,722 2,006 89 2,095 
Total Assets Held for Sale$1,814 $2,098 $93 $2,191 
Current Liabilities Associated with Assets Held for Sale
Accounts payable$42 $42 $19 $61 
Taxes accrued
Current maturities of long-term debt
— — 43 43 
Unrealized losses on commodity hedges
— — 13 13 
Other13 
Total current liabilities associated with assets held for sale52 52 80 132 
Noncurrent Liabilities Associated with Assets Held for Sale
Asset retirement obligations
Regulatory liabilities
173 173 — 173 
Operating lease liabilities— — 
Unrealized losses on commodity hedges
— — 66 66 
Other13 18 
Total noncurrent liabilities associated with assets held for sale
182 182 89 271 
Total Liabilities Associated with Assets Held for Sale$234 $234 $169 $403 
The following table summarizes the Income (Loss) from Discontinued Operations, net of tax recorded on Duke Energy's Consolidated Statements of Operations:
Years Ended December 31,
(in millions)202520242023
Commercial Renewables Disposal Groups$(1)$12 $(1,457)
Other2 (2)
Income (Loss) from Discontinued Operations, net of tax
$1 $10 $(1,455)
The following table presents the results of the Commercial Renewables Disposal Groups, which are included in Income (Loss) from Discontinued Operations, net of tax in Duke Energy's Consolidated Statements of Operations.
Years Ended December 31,
(in millions)202520242023
Operating revenues$4 $$330 
Operation, maintenance and other122302
Property and other taxes 245
Other income and expenses, net — (8)
Interest expense 465
Loss on disposal4 14 1,725 
Loss before income taxes(1)(38)(1,815)
Income tax benefit (50)(358)
(Loss) Income from discontinued operations
$(1)$12 $(1,457)
Add: Net (income) loss attributable to noncontrolling interest included in discontinued operations
 (3)64 
Net (loss) income from discontinued operations attributable to Duke Energy Corporation
$(1)$$(1,393)
The following table summarizes Duke Energy's cash flows from discontinued operations related to the Commercial Renewables Disposal Groups.
Years Ended December 31,
(in millions)202520242023
Cash flows provided by (used in):
Operating activities$(3)$$607 
Investing activities (13)122