v3.25.2
Condensed Consolidated Statements of Operations and Comprehensive Income - Progress Energy - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Operating Revenues $ 7,508 $ 7,172 $ 15,757 $ 14,843
Operating Expenses        
Operation, maintenance and other 1,655 1,320 3,154 2,699
Depreciation and amortization 1,583 1,409 3,095 2,796
Property and other taxes 415 393 843 779
Impairment of assets and other charges 3 43 3 44
Total operating expenses 5,692 5,471 11,604 11,191
Gain (Loss) on Sales of Other Assets and Other, net 14 6 20 18
Operating Income 1,830 1,707 4,173 3,670
Other Income and Expenses, net 194 188 337 374
Interest Expense 897 824 1,786 1,641
Income From Continuing Operations Before Income Taxes 1,127 1,071 2,724 2,403
Income Tax Expense From Continuing Operations 119 140 312 318
Net Income 984 900 2,363 2,038
Comprehensive Income 993 893 2,338 2,146
Progress Energy        
Operating Revenues 3,569 3,357 7,036 6,585
Operating Expenses        
Cost of sales 1,025 1,202 2,131 2,345
Operation, maintenance and other 843 588 1,531 1,216
Depreciation and amortization 609 568 1,240 1,155
Property and other taxes 175 166 347 324
Impairment of assets and other charges 0 9 0 9
Total operating expenses 2,652 2,533 5,249 5,049
Gain (Loss) on Sales of Other Assets and Other, net 6 6 12 13
Operating Income 923 830 1,799 1,549
Other Income and Expenses, net 75 60 130 122
Interest Expense 283 265 558 525
Income From Continuing Operations Before Income Taxes 715 625 1,371 1,146
Income Tax Expense From Continuing Operations 108 104 218 190
Net Income 607 521 1,153 956
Unrealized losses on available-for-sale securities (1) 0 (1) 0
Comprehensive Income $ 606 $ 521 $ 1,152 $ 956