v3.25.2
Condensed Consolidated Balance Sheets - Duke Energy Progress - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 344 $ 314
Receivables (net of allowance for doubtful accounts) 4,089 2,232
Receivables of VIEs (net of allowance for doubtful accounts) 11 1,889
Inventory 4,434 4,509
Regulatory assets 2,269 2,756
Other (includes amounts related to VIEs) 1,001 695
Total current assets 12,148 12,950
Property, Plant and Equipment    
Cost 186,261 180,806
Accumulated depreciation and amortization (59,613) (57,503)
Net property, plant and equipment 126,648 123,303
Other Noncurrent Assets    
Regulatory assets 14,172 14,254
Nuclear decommissioning trust funds 12,109 11,434
Operating lease right-of-use assets, net 1,209 1,148
Other 3,792 3,509
Total other noncurrent assets 50,917 50,090
Total Assets 189,713 186,343
Current Liabilities    
Accounts payable 4,373 5,479
Taxes accrued 837 851
Interest accrued 881 855
Current maturities of long-term debt 5,046 4,349
Asset retirement obligations 636 650
Regulatory liabilities 1,257 1,425
Other 1,887 2,084
Total current liabilities 18,408 19,357
Long-Term Debt (includes amounts related to VIEs) 78,914 76,340
Other Noncurrent Liabilities    
Deferred income taxes 11,990 11,424
Asset retirement obligations 9,316 9,342
Regulatory liabilities 15,047 14,694
Operating lease liabilities 1,020 957
Accrued pension and other post-retirement benefit costs 410 434
Investment tax credits 882 894
Other 1,696 1,556
Total other noncurrent liabilities 40,361 39,390
Commitments and Contingencies
Equity    
Total Liabilities and Equity 189,713 186,343
Duke Energy Progress    
Current Assets    
Cash and cash equivalents 24 24
Receivables (net of allowance for doubtful accounts) 934 160
Receivables of VIEs (net of allowance for doubtful accounts) 5 835
Inventory 1,323 1,341
Regulatory assets 614 626
Other (includes amounts related to VIEs) 159 104
Total current assets 4,039 3,100
Property, Plant and Equipment    
Cost 43,320 42,060
Accumulated depreciation and amortization (16,550) (15,930)
Net property, plant and equipment 26,770 26,130
Other Noncurrent Assets    
Regulatory assets 4,654 4,555
Nuclear decommissioning trust funds 4,922 4,636
Operating lease right-of-use assets, net 403 348
Other 770 724
Total other noncurrent assets 10,749 10,263
Total Assets 41,558 39,493
Current Liabilities    
Accounts payable 581 749
Taxes accrued 107 394
Interest accrued 156 122
Current maturities of long-term debt 582 983
Asset retirement obligations 222 230
Regulatory liabilities 272 348
Other 310 427
Total current liabilities 2,621 4,170
Long-Term Debt (includes amounts related to VIEs) 13,483 11,371
Other Noncurrent Liabilities    
Deferred income taxes 2,503 2,344
Asset retirement obligations 4,123 4,104
Regulatory liabilities 4,799 4,570
Operating lease liabilities 404 332
Accrued pension and other post-retirement benefit costs 137 141
Investment tax credits 142 144
Other 262 196
Total other noncurrent liabilities 12,370 11,831
Commitments and Contingencies
Equity    
Total equity 12,934 11,971
Total Liabilities and Equity 41,558 39,493
Duke Energy Progress | Affiliated Entity    
Current Assets    
Receivables (net of allowance for doubtful accounts) 31 10
Current Liabilities    
Accounts payable 391 306
Notes payable to affiliated companies 0 611
Long-Term Debt (includes amounts related to VIEs) 150 150
Duke Energy Progress | Affiliated Entity | Notes Receivable    
Current Assets    
Receivables (net of allowance for doubtful accounts) $ 949 $ 0