v3.26.1
Condensed Consolidated Balance Sheets - Duke Energy Carolinas - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 2,140 $ 245
Receivables (net of allowance for doubtful accounts) 3,947 4,230
Inventory 4,572 4,569
Regulatory assets 2,201 1,934
Other (includes amounts related to VIEs) 586 526
Total current assets 13,446 11,613
Property, Plant and Equipment    
Cost 193,525 190,409
Accumulated depreciation and amortization (61,252) (60,450)
Net property, plant and equipment 132,273 129,959
Other Noncurrent Assets    
Regulatory assets 15,059 14,379
Nuclear decommissioning trust funds 12,644 12,889
Operating lease right-of-use assets, net 1,169 1,241
Other 4,119 4,167
Total other noncurrent assets 52,329 54,164
Total Assets 198,048 195,736
Current Liabilities    
Accounts payable 4,732 5,223
Taxes accrued 839 975
Interest accrued 816 922
Current maturities of long-term debt 7,395 7,104
Asset retirement obligations 574 579
Regulatory liabilities 1,554 1,271
Other 2,051 2,265
Total current liabilities 20,334 21,047
Long-Term Debt (includes amounts related to VIEs) 80,477 80,108
Other Noncurrent Liabilities    
Deferred income taxes 12,799 12,377
Asset retirement obligations 9,036 9,046
Regulatory liabilities 14,774 15,682
Operating lease liabilities 964 1,033
Accrued pension and other post-retirement benefit costs 384 396
Investment tax credits 985 969
Other 1,817 1,889
Total other noncurrent liabilities 40,759 41,562
Commitments and Contingencies
Equity    
Accumulated other comprehensive income 171 198
Total Liabilities and Equity 198,048 195,736
Variable Interest Entity    
Current Assets    
Inventory 1,062 669
Regulatory assets 204 204
Other (includes amounts related to VIEs) 82 88
Other Noncurrent Assets    
Regulatory assets 3,062 3,108
Current Liabilities    
Accounts payable 376 296
Current maturities of long-term debt 147 118
Long-Term Debt (includes amounts related to VIEs) 3,222 3,308
Duke Energy Carolinas    
Current Assets    
Cash and cash equivalents 44 3
Inventory 1,544 1,530
Regulatory assets 752 730
Other (includes amounts related to VIEs) 259 75
Total current assets 4,048 4,085
Property, Plant and Equipment    
Cost 63,715 62,513
Accumulated depreciation and amortization (20,863) (20,658)
Net property, plant and equipment 42,852 41,855
Other Noncurrent Assets    
Regulatory assets 5,177 4,502
Nuclear decommissioning trust funds 7,213 7,338
Operating lease right-of-use assets, net 92 91
Other 1,336 1,304
Total other noncurrent assets 13,818 13,235
Total Assets 60,718 59,175
Current Liabilities    
Notes payable to affiliated companies 638 0
Taxes accrued 124 306
Interest accrued 163 214
Current maturities of long-term debt 1,649 629
Asset retirement obligations 242 245
Regulatory liabilities 660 569
Other 634 621
Total current liabilities 6,002 4,640
Other Noncurrent Liabilities    
Deferred income taxes 4,274 4,191
Asset retirement obligations 3,598 3,597
Regulatory liabilities 7,333 7,609
Operating lease liabilities 79 79
Accrued pension and other post-retirement benefit costs 23 24
Investment tax credits 353 345
Other 750 802
Total other noncurrent liabilities 16,410 16,647
Commitments and Contingencies
Equity    
Member's equity 20,171 19,745
Accumulated other comprehensive income (4) (5)
Total equity 20,167 19,740
Total Liabilities and Equity 60,718 59,175
Duke Energy Carolinas | Variable Interest Entity    
Current Assets    
Regulatory assets 72 72
Other (includes amounts related to VIEs) 31 12
Other Noncurrent Assets    
Regulatory assets 1,244 1,257
Current Liabilities    
Current maturities of long-term debt 36 16
Long-Term Debt (includes amounts related to VIEs) 1,291 1,316
Duke Energy Carolinas | Notes Receivable    
Current Assets    
Receivables (net of allowance for doubtful accounts) 0 69
Duke Energy Carolinas | Nonrelated Party    
Current Assets    
Receivables (net of allowance for doubtful accounts) 1,198 1,347
Current Liabilities    
Accounts payable 1,539 1,670
Long-Term Debt (includes amounts related to VIEs) 17,839 17,848
Duke Energy Carolinas | Affiliated Entity    
Current Assets    
Receivables (net of allowance for doubtful accounts) 251 331
Current Liabilities    
Accounts payable 353 386
Long-Term Debt (includes amounts related to VIEs) $ 300 $ 300